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M-Services

Active
Public limited companyfounded 1988active for 38 yearsDennenlei 8, 2930 Brasschaat, BelgiumKBO/BCE: BE 0436.489.310
Summary

M-Services has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €259,998 and a net result of €41,657, of which €440,626 non-recurring income. Equity shrank by about 29% per year on average since 2019. In 2025 it rose by 19.1%. Its solvency ranks better than 36% of 543 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

Source: KBO
Status
Active since 01-09-1988 Normal situation
Activity
Rental and leasing activities NACE 77223and 3 others
Joint committees
200 Auxiliary committee for white-collar workers
126 Furnishing and woodworking · annual accounts 30-06-2022
Establishment unit
2.041.849.109 2100 Antwerp, since 31-01-1989
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • AGAMAXDirector · permanent representative MORTIER Marc
Shareholders
  • AGAMAX31-03-2025 annual accounts of AGAMAX

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€364,625
Turnover
≈ €860,000
estimated
Profit
€41,657
Equity
€259,998
Total assets
€884,444
Staff
7.1 FTE
  • 2025 accounts filed 29 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthsLiquidity: current ratio 1.16, cash €11,621, halvedlowers riskFounded in 1988Figures for financial year 2025 (filed on 29-08-2026)Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 30% of micro companies in rental and leasing (NACE 77)
Financial strength · tick: 2024
Weak
Solvency 54+6
equity 29.4% of total assets
Liquidity 14-6
short-term debt 70.6% · cash 1.3%
Profitability 44-18
return on assets 4.7%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,169 companies, NACE 77, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.9%▲ +0.3 percentage points vs 12-2024 02-2025: 0.5%▼ -0.4 percentage points vs 01-2025lowest value 03-2025: 0.5%● unchanged vs 02-2025lowest value 04-2025: 0.5%● unchanged vs 03-2025lowest value 05-2025: 0.5%● unchanged vs 04-2025lowest value 06-2025: 0.5%● unchanged vs 05-2025lowest value 07-2025: 0.5%● unchanged vs 06-2025lowest value 08-2025: 1.0%▲ +0.5 percentage points vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.2%▲ +0.2 percentage points vs 10-2025 12-2025: 1.3%▲ +0.1 percentage points vs 11-2025 01-2026: 1.5%▲ +0.2 percentage points vs 12-2025 02-2026: 2.2%▲ +0.7 percentage points vs 01-2026 03-2026: 2.9%▲ +0.7 percentage points vs 02-2026 04-2026: 4.9%▲ +2.0 percentage points vs 03-2026 05-2026: 5.0%▲ +0.1 percentage points vs 04-2026 06-2026: 5.3%▲ +0.3 percentage points vs 05-2026 07-2026: 6.7%▲ +1.4 percentage points vs 06-2026highest value 08-2026: 6.7%● unchanged vs 07-2026highest value 09-2026: 0.7%▼ -6.0 percentage points vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.16 (0.85 in 2024), below the usual 1.5. Short-term debt is 70.6% and cash 1.3% of total assets. 70.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 77, micro). It does better than 46% of them on solvency, 14% on liquidity and 30% on profitability.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 29-08-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.16, cash €11,621, halved
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €259,998
raises risk · 2025 accounts filed 29 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
29 days late
2024
1 day early
2023
2 days early
2022
on the day
2021
28 days late
2020
67 days late
2019
25 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 21 days after the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 9th oldest company in Brasschaat, Administrative and support services sectorin the Checked rankings No. 9 View

Recent changes

  1. · Gazette deed Company renamed from BRABANTS FEESTVERHUUR to M-ServicesRegistered office moved from Antwerp to Brasschaat · New registered office: Dennenlei 8, 2930 Brasschaat · Previous registered office: Merksemsesteenweg 225, 2100 Antwerpen (Deurne)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as M-Services: rental and leasing activities (NACE 77223). They are comparable in size and age: total assets between €418,000 and €1.5m, founded between 1976 and 2006.

CompanyTotal assetsGross margin
M-Services Brasschaat€0.9m€0.4m
CASA-RENT Dilsen-Stokkem€0.9m€0.7m
FEESTVERHUUR VAN ROMPAEY Herentals€1.2m€0.5m
SCHOETERS RENTAL SERVICES Antwerp€0.4m€0.6m
LE PLAISIR DE RECEVOIR Pont-à-Celles€0.6m€0.3m
L'AMANDIER Libramont-Chevigny€1.2m€0.7m
GASTRO - SERVICE Bruges€1.5m€1.0m
Full comparison

Key facts about M-Services

What is the company number of M-Services?
The company number of M-Services is 0436.489.310. The VAT number is the same number with BE in front: BE 0436.489.310.
Where is M-Services based?
The registered office is at Dennenlei 8, 2930 Brasschaat.Company details
What does M-Services do?
According to the KBO register, the main activity is rental and leasing activities (NACE 77223).
What is the legal form of M-Services?
M-Services is a public limited company (NV).
When was M-Services founded?
M-Services was founded on 01-09-1988.
Is M-Services still active?
Yes, M-Services is an active enterprise in the KBO register.
How many employees does M-Services have?
M-Services had an average of 7.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does M-Services fall under?
In its 30-06-2022 annual accounts, M-Services states joint committees 200 (Auxiliary committee for white-collar workers) and 126 (Furnishing and woodworking).
What is the turnover of M-Services?
The turnover in financial year 2025 is ≈ €860,000. This figure is estimated from the gross margin of €364,625 and 2,281 comparable companies of the same size. It probably lies between €520,000 and €1.5m. It is a rough estimate.
Is M-Services profitable?
In financial year 2025, M-Services made a profit of €41,657.
Where can I find the annual accounts of M-Services?
M-Services filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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