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BE 0501.886.413Private limited company (pre-2019)Open bankruptcy
M-Services
Herentalsebaan 803 ·2160 Wommelgem, Belgium· 13 yrs active
Sector: Specialised construction
(43222)
Conclusion
A bankruptcy procedure is open for M-Services according to publications in the Belgian State Gazette. The file additionally contains 2 judicial reorganisations. The 2022 annual accounts show equity of €70k and a net result of €11k.
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €70k |
| Net result | €11k |
| Staff (FTE) | 10.6 |
| Better than sector | 21% |
Snowflake analysis
38
/ 100
Fragile profile, watch stability in particular.
Health
8
Profitability
79
Solvency
23
Growth
78
Stability
0
Bankruptcy probability (12 mo)
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.
Risk Assessment
70 / 100
Severe riskComponents
· 2 judicial reorganisations (+20)
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
8
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview
Annual accounts filed on 13-10-2023 with the NBB · fiscal year 2022 · micro
Sector comparison
Fiscal year 2022 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 14.3% | 36.4% | |
| Net result | €11k | €13k | |
| Equity | €70k | €26k | |
| Gross operating margin | €541k | €32k | |
| Staff costs | €499k | €25k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€38k
-25.1%
+226% vs sector
€11k
-60.6%
far above sector median
€26k
-33.2%
+149% vs sector
€487k
+17.4%
far above sector median
€70k
+18.7%
+21% vs sector
€49k
+42.1%
+35% vs sector
11
+16.5%
far above sector median
€499k
-
far above sector median
€8k
-29.2%
far above sector median
€418k
+17.2%
far above sector median
€411k
+17.5%
far above sector median
€6k
0.0%
-43% vs sector
1.12
+1.9%
-78% vs sector
1.07
+2.3%
-78% vs sector
14.3%
+1.1%
-83% vs sector
6.00
+5476.8%
far above sector median
15.8%
-66.8%
+262% vs sector
2.3%
-66.5%
-38% vs sector
6.67
-
-48% vs sector
Figures by fiscal year
| Fiscal year | 2022 |
|---|---|
| Revenue | - |
| EBITDA | €38k |
| Net profit | €11k |
| Cash flow | €26k |
| Staff costs | €499k |
| Income taxes | €8k |
| Dividends | - |
| Total assets | €487k |
| Equity | €70k |
| Debt | €418k |
| of which ≤ 1y | €411k |
| of which > 1y | €6k |
| Working capital | €49k |
| Employees (FTE) | 10.6 |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 1.12 |
| Quick ratio | 1.07 |
| Working capital ratio | 10.0% |
| Solvency | 14.3% |
| Debt / equity | 6.00 |
| Long-term debt ratio | 0.09 |
| Interest coverage | 6.67 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.3% |
| ROE | 15.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €487k |
| Fixed assets | 21/28 | €28k |
| Tangible fixed assets | 22/27 | €28k |
| Financial fixed assets | 28 | €10 |
| Current assets | 29/58 | €459k |
| Stocks & contracts in progress | 3 | €22k |
| Amounts receivable within one year | 40/41 | €404k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €487k |
| Equity | 10/15 | €70k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €12k |
| Accumulated profits (losses) | 14 | €39k |
| Amounts payable | 17/49 | €418k |
| Amounts payable after one year | 17 | €6k |
| Amounts payable within one year | 42/48 | €411k |
| Trade debts payable within one year | 44 | €144k |
| Income statement | ||
| Gross operating margin | 9900 | €541k |
| Operating result | 9901 | €24k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €19k |
| Income taxes | 67/77 | €8k |
| Net result for the period | 9904 | €11k |
| Result to be appropriated | 9905 | €11k |
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | GUY VAN DENABEELE VAN BEETHOVENSTRAAT 28
BUS 402, 2018 ANTWERPEN 1 |
22-10-2024 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Specialised construction(43222) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 06-12-2012 |
| Status | Active |
| Postal code | 2160 |
| First BS signal | 10-05-2024 |
| Latest BS signal | 28-10-2024 |
Company structure, linked entities
Mandates
Establishment units
M-services
since 20132.216.873.731
M.Services
since 20152.247.532.659
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052D0186/00N008 | Flanders | 701 m² | 1 · 114 m² | 10.9 m · 2 fl. |
| 11052C0511/00T000 | Flanders | 305 m² | 1 · 111 m² | 10.1 m · 2 fl. |
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.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2024
28-10-2024
Bankruptcy
Opening
24-09-2024
Judicial reorganisation
Plan homologation
10-05-2024
Judicial reorganisation
Opening
2023
13-10-2023
NBB filing
Annual accounts filed
2022
24-03-2022
NBB filing
Annual accounts filed
2020
24-12-2020
NBB filing
Annual accounts filed
24-12-2020
NBB filing
Annual accounts filed
2019
04-02-2019
NBB filing
Annual accounts filed
2018
07-03-2018
NBB filing
Annual accounts filed
2016
20-12-2016
NBB filing
Annual accounts filed
25-02-2016
NBB filing
Annual accounts filed
2014
29-10-2014
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
28-10-2024
Bankruptcy
Opening
24-09-2024
Judicial reorganisation
Plan homologation
10-05-2024
Judicial reorganisation
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Reparatie van producten van metaal33110Reparatie en onderhoud van producten van metaal33110Detailhandel in sanitaire artikelen en sanitair installatiemateriaal in gespecialiseerde winkels47527Detailhandel in sanitaire artikelen en sanitair installatiemateriaal47527
Primary activity highlighted.
Names & trade names
| Legal nameNL | M-Services |
Registered office
Herentalsebaan 803 bus 2
2160 Wommelgem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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