M&S Works
The computed 12-month bankruptcy probability of M&S Works is 3.9% (moderate). The 2024 annual accounts show equity of €2k and a net result of €-3k. Its solvency ranks better than 11% of 11120 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2k |
| Net result | €-3k |
| Better than sector | 11% |
| Active | 3 yrs |
Fragile profile, watch solvency in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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 | 3.5% | 40.9% | |
| Net result | €-3k | €11k | |
| Equity | €2k | €34k | |
| Gross operating margin | €22k | €35k | |
| Total assets | €61k | €94k |
Show 12 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | €147k |
| EBITDA | €12k |
| Net profit | €-3k |
| Cash flow | €8k |
| Staff costs | - |
| Income taxes | €4k |
| Dividends | - |
| Total assets | €61k |
| Equity | €2k |
| Debt | €59k |
| of which ≤ 1y | €39k |
| of which > 1y | €20k |
| Working capital | €-14k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.64 |
| Quick ratio | 0.64 |
| Working capital ratio | -22.9% |
| Solvency | 3.5% |
| Debt / equity | 27.52 |
| Long-term debt ratio | 9.33 |
| Interest coverage | 24.81 |
| Gross margin | 14.9% |
| Net margin | -2.1% |
| ROA | -5.2% |
| ROE | -147.6% |
| EBITDA margin | 8.4% |
| Days sales outstanding | 33d |
| Days payable outstanding | 30d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €61k |
| Fixed assets | 21/28 | €36k |
| Tangible fixed assets | 22/27 | €35k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €25k |
| Amounts receivable within one year | 40/41 | €20k |
| Cash & bank | 54/58 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €61k |
| Equity | 10/15 | €2k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €320 |
| Accumulated profits (losses) | 14 | €-1k |
| Amounts payable | 17/49 | €59k |
| Amounts payable after one year | 17 | €20k |
| Amounts payable within one year | 42/48 | €39k |
| Trade debts payable within one year | 44 | €10k |
| Income statement | ||
| Turnover | 70 | €147k |
| Gross operating margin | 9900 | €22k |
| Operating result | 9901 | €969 |
| Financial charges | 65 | €501 |
| Result before taxes | 9903 | €469 |
| Income taxes | 67/77 | €4k |
| Net result for the period | 9904 | €-3k |
| Result to be appropriated | 9905 | €-3k |
-
Current01-10-2025 → present
-
Current01-01-2024 → present
Former directors (2)
-
Former- → 15-09-2025
-
Former- → 18-12-2023
| NACE primary | Algemene elektrotechnische installatiewerken(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 14-04-2023 |
| Status | Active |
| Postal code | 9320 |
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. |
|---|---|---|---|---|
| 41014A2782/00B002 | Flanders | 185 m² | 1 · 79 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
25-11-2025 Registered office moved from Zaventem to Aalst
- Da Vincilaan 1, 1930 Zaventem → Varent 25, 9320 Aalst
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Aalst",
"region": null,
"street": "Varent",
"country": "BE",
"postcode": "9320",
"box_number": null,
"street_number": "25"
},
"old_address": {
"city": "Zaventem",
"region": null,
"street": "Da Vincilaan",
"country": "BE",
"postcode": "1930",
"box_number": null,
"street_number": "1"
},
"effective_date": null,
"evidence_quote": "Zesde besluit Verplaatsing van het adres van de zetel De algemene vergadering beslist om het adres van de zetel te verplaatsen, te 9320 Aalst (Erembodegem), Varent 25."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0800.784.389",
"name_full": "FJ.TECH",
"legal_form": "BV"
}
}18-12-2023 1 director appointed, 1 resigning
- IPPOLITA Mario Dominico, Bestuurder
- VAN DEN BOSCH Jurgen André Leona, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "VAN DEN BOSCH Jurgen Andr\u00E9 Leona",
"address": null,
"birth_date": null
},
"evidence_quote": "De Algemene Vergadering neemt akte van het ontslag van de heer VAN DEN BOSCH Jurgen Andr\u00E9 Leona geboren te Watermaal-Bosvoorde op 3 maart 1973, wonende te 1702 Dilbeek (Groot-Bijgaarden), Hugd Verrieststraat 33."
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "IPPOLITA Mario Dominico",
"address": null,
"birth_date": null
},
"effective_date": "2024-01-01",
"evidence_quote": "De Algemene Vergadering keurt met eenparigheid van stemmen de benoeming goed van de heer IPPOLITA Mario Dominico, geboren te Jette op 27 september 1987, wonende te 9320 Erembodegem, Varent 25, als Bestuurder."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0800.784.389",
"name_full": "FJ.TECH",
"legal_form": "BV"
}
}18-04-2023 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "1930 Zaventem, Da Vincilaan 1",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1978-03-05",
"name": "IPPOLITO Fabian",
"niss": null,
"address": "1930 Zaventem, Hoogstraat 108 bus 023"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1632,
"holder_person_name": "IPPOLITO Fabian",
"is_subscriber_only": false,
"n_shares_subscribed": 51,
"amount_subscribed_eur": 1632,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1973-03-03",
"name": "VAN DEN BOSCH Jurgen Andr\u00E9 Leona",
"niss": null,
"address": "1702 Dilbeek (Groot-Bijgaarden), Hugo Verrieststraat 33"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1568,
"holder_person_name": "VAN DEN BOSCH Jurgen Andr\u00E9 Leona",
"is_subscriber_only": false,
"n_shares_subscribed": 49,
"amount_subscribed_eur": 1568,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 3200,
"subject_company": {
"kbo": "0800.784.389",
"name_full": "FJ.TECH",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2023-04-13",
"post_incorporation_mandates": []
}| Legal nameNL | M&S Works |