The computed 12-month bankruptcy probability of M&S CORP is at least 25% (high). For M&S CORP, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €10,046 and a net result of -€1,889. Equity is shrinking by about 8.7% per year across the filed financial years. The company has been active since 2019 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Signalsraises riskFigures for financial year 2021 (filed 30-07-2022)Ex-officio strike-off in the KBO1 change of registered office in 24 monthsNo main activity registeredTwo or more financial years not filedAdministrative warnings in the KBO publicationsneutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency66-34
equity 40.7% of total assets
Liquidity33-67
short-term debt 59.3% · cash 10.8%
Profitability18-15
return on assets -7.6%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
≥ 25%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 3 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 13.5%lowest value12-2024: 13.5%● unchanged vs 11-2024lowest value01-2025: 13.5%● unchanged vs 12-2024lowest value02-2025: 13.5%● unchanged vs 01-2025lowest value03-2025: 13.5%● unchanged vs 02-2025lowest value04-2025: 13.5%● unchanged vs 03-2025lowest value05-2025: 13.5%● unchanged vs 04-2025lowest value06-2025: 19.7%▲ +6.2 percentage points vs 05-202507-2025: 19.7%● unchanged vs 06-202508-2025: 18.9%▼ -0.8 percentage points vs 07-202509-2025: 18.9%● unchanged vs 08-202510-2025: 18.9%● unchanged vs 09-202511-2025: 18.9%● unchanged vs 10-202512-2025: 18.9%● unchanged vs 11-202501-2026: 18.9%● unchanged vs 12-202502-2026: 18.9%● unchanged vs 01-202603-2026: 18.9%● unchanged vs 02-202604-2026: ≥ 25%▲ +11.7 percentage points vs 03-2026highest value05-2026: ≥ 25%● unchanged vs 04-2026highest value06-2026: ≥ 25%● unchanged vs 05-2026highest value07-2026: ≥ 25%● unchanged vs 06-2026highest value08-2026: ≥ 25%● unchanged vs 07-2026highest value09-2026: ≥ 25%● unchanged vs 08-2026highest value10-2026: ≥ 25%● unchanged vs 09-2026highest value
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
This company filed its last 3 accounts on average 99 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.