M+S Tyre Masters
A bankruptcy procedure is open for M+S Tyre Masters according to publications in the Belgian State Gazette. The 2025 annual accounts show negative equity (€-63k) and a net result of €-16k.
| Equity | €-63k |
| Net result | €-16k |
| Better than sector | 12% |
| Active | 9 yrs |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -44.6% | 28.4% | |
| Net result | €-16k | €9k | |
| Equity | €-63k | €23k | |
| Gross operating margin | €148k | €35k | |
| Staff costs | €135k | €33k |
Show 13 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-9k |
| Net profit | €-16k |
| Cash flow | €-13k |
| Staff costs | €135k |
| Income taxes | - |
| Dividends | - |
| Total assets | €142k |
| Equity | €-63k |
| Debt | €205k |
| of which ≤ 1y | €205k |
| of which > 1y | - |
| Working capital | €-79k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.61 |
| Quick ratio | 0.37 |
| Working capital ratio | -56.0% |
| Solvency | -44.6% |
| Debt / equity | -3.24 |
| Long-term debt ratio | - |
| Interest coverage | -2.57 |
| Gross margin | - |
| Net margin | - |
| ROA | -11.2% |
| ROE | 25.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €142k |
| Fixed assets | 21/28 | €16k |
| Tangible fixed assets | 22/27 | €7k |
| Financial fixed assets | 28 | €10k |
| Current assets | 29/58 | €126k |
| Stocks & contracts in progress | 3 | €49k |
| Amounts receivable within one year | 40/41 | €15k |
| Cash & bank | 54/58 | €62k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €142k |
| Equity | 10/15 | €-63k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €-84k |
| Amounts payable | 17/49 | €205k |
| Amounts payable within one year | 42/48 | €205k |
| Trade debts payable within one year | 44 | €90k |
| Income statement | ||
| Gross operating margin | 9900 | €148k |
| Operating result | 9901 | €-12k |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €-16k |
| Net result for the period | 9904 | €-16k |
| Result to be appropriated | 9905 | €-16k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | KRISTOF KROL PRINS BISSCHOPSSINGEL 11,
3500 HASSELT |
15-07-2026 → present | Belgian State Gazette |
| Curator | GERTJAN CUPERS PRINS BISSCHOPSSINGEL 11, 3500 HASSELT- g.cupers@exacto-
advocaten.be |
15-07-2026 → present | Belgian State Gazette |
| NACE primary | Bandenservicebedrijven(95315) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 10-02-2017 |
| Status | Active |
| Postal code | 3600 |
| First BS signal | 22-07-2026 |
| Latest BS signal | 22-07-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71306G0221/00H149 | Flanders | 1,500 m² | 1 · 454 m² | 10.1 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
17-04-2023 Registered office moved within Genk
- Hasseltweg 276B, 3600 Genk → Hasseltweg 168, 3600 Genk
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Hasseltweg 168, 3600 Genk",
"city": "Genk",
"region": "vlaams_gewest",
"street": "Hasseltweg",
"country": "BE",
"postcode": "3600",
"box_number": null,
"street_number": "168",
"locality_suffix": null
},
"old_address": {
"raw": "Hasseltweg 276B, 3600 Genk",
"city": "Genk",
"region": "vlaams_gewest",
"street": "Hasseltweg",
"country": "BE",
"postcode": "3600",
"box_number": null,
"street_number": "276B",
"locality_suffix": null
},
"effective_date": "2023-04-03",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2023-04-03",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2023-03-29",
"unanimous": true
},
"subject_company": {
"kbo": "0670.945.634",
"name_full": "M\u002BS Tyre Masters",
"legal_form": "BVBA",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Sayed Sadat",
"org_rep_person_name": null,
"person_role_at_subject": "Zaakvoerder"
},
"co_filed_documents": [
"Mod DOC 19.01"
]
}| Legal nameNL | M+S Tyre Masters |