M SERVICE
ActiveThe computed 12-month bankruptcy probability of M SERVICE is 4.4% (elevated). The 2025 annual accounts show negative equity (€-26k) and a net result of €-40. Equity is shrinking by ~58.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 1291 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
18
/ 100
Critical▲ +11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability1▼-99
Solvency33=
Growth58▲+26
Stability94
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€26k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
25 d late
2024
on the day
2023
67 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-26k▼ 0.2%
2024 · €-26k
2023: €4k
2024: €-26k
2023 → 2025
Total assets
€4k=
2024 · €4k
2023: €14k
2024: €4k
2023 → 2025
Net result
€-40▲ 99.9%
2024 · €-30k
2023: €-661
2024: €-30k
2023 → 2025
Working capital
€-28k▼ 0.1%
2024 · €-28k
2023: €285
2024: €-28k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€4k-€-26k€-26k▼ 0.2%
Operating result€-661-€-30k▼ 4,451%€-40▲ 99.9%
Net result€-661-€-30k▼ 4,472%€-40▲ 99.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €40 in 2025 against €30k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4k
Fixed assets
€4k=
Current assets
€334▲ 0.1%
Key figures and ratios
Debt
€30k▲
2024 · €30k
Debt ≤ 1 year
€28k▲
2024 · €28k
Ratios withheld: a balance sheet total of €4k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4k€4k=
Fixed assets21/28€4k€4k=
Tangible fixed assets22/27€4k€4k=
Plant, machinery and equipment23€1k€1k=
Furniture and vehicles24€3k€3k=
Current assets29/58€334€334▲
Amounts receivable within one year40/41€334€334▲
Other amounts receivable41€334€334▲
Equity and liabilities
Total equity and liabilities10/49€4k€4k=
Equity10/15€-26k€-26k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-31k€-31k▼
Amounts payable17/49€30k€30k▲
Amounts payable within one year42/48€28k€28k▲
Trade debts44€14k€14k▲
Suppliers440/4€14k€14k▲
Other amounts payable47/48€14k€14k=
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k-
Other operating charges640/8€19k-
Gross operating margin9900€-9k€-40▲
Operating profit (loss)9901€-30k€-40▲
Financial charges65/66B€135-
Recurring financial charges65€135-
Profit (loss) for the period before taxes9903€-30k€-40▲
Profit (loss) for the period9904€-30k€-40▲
Profit (loss) for the period to be appropriated9905€-30k€-40▲
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€-31k▼
Profit (loss) brought forward from the previous period14P€-661€-31k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 67 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bergensesteenweg 24/81600 Sint-Pieters-LeeuwGround area
1,846 m²
Building footprint
488 m²
Volume, LiDAR
3,821 m³
2 parcels, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
M SERVICE
since 20232.344.212.262
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 fl. |
| 11472B0198/00A002 | Flanders | 208 m² | 1 · 91 m² | 9.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
YT TECHNICS
BE 0738.951.542
Genk · Eq €5k
TECH-LM
BE 0771.720.023
Ukkel · Eq €4k
BT GROUP
BE 0797.889.930
Charleroi · Eq €5k
SERWEB
BE 0876.997.487
Hemiksem · Eq €5k
VERSPREET-GUIOT
BE 0869.769.009
Beaumont · Eq €4k
Of 877 companies in sector 33110 we hold annual accounts for 435. 122 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-04-2023
Fiscal year end31-12
Activities, NACEBEL
33110Repair and maintenance of fabricated metal products
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.