M. Système
The computed 12-month bankruptcy probability of M. Système is 2.8% (moderate). The 2024 annual accounts show equity of €14k and a net result of €4k. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 31% of 11048 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €14k |
| Net result | €4k |
| Better than sector | 31% |
| Active | 4 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 24.8% | 40.9% | |
| Net result | €4k | €11k | |
| Equity | €14k | €34k | |
| Gross operating margin | €14k | €35k | |
| Staff costs | €1k | €25k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €10k |
| Net profit | €4k |
| Cash flow | €8k |
| Staff costs | €1k |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €55k |
| Equity | €14k |
| Debt | €42k |
| of which ≤ 1y | €42k |
| of which > 1y | - |
| Working capital | €8k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.19 |
| Quick ratio | 1.19 |
| Working capital ratio | 14.3% |
| Solvency | 24.8% |
| Debt / equity | 3.03 |
| Long-term debt ratio | - |
| Interest coverage | 29.56 |
| Gross margin | - |
| Net margin | - |
| ROA | 7.7% |
| ROE | 31.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €55k |
| Fixed assets | 21/28 | €6k |
| Tangible fixed assets | 22/27 | €6k |
| Financial fixed assets | 28 | €50 |
| Current assets | 29/58 | €50k |
| Amounts receivable within one year | 40/41 | €46k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €55k |
| Equity | 10/15 | €14k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €12k |
| Amounts payable | 17/49 | €42k |
| Amounts payable within one year | 42/48 | €42k |
| Trade debts payable within one year | 44 | €21k |
| Income statement | ||
| Gross operating margin | 9900 | €14k |
| Operating result | 9901 | €7k |
| Financial income | 75 | €5 |
| Financial charges | 65 | €354 |
| Result before taxes | 9903 | €6k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €4k |
| Result to be appropriated | 9905 | €4k |
| NACE primary | Specialised construction(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 16-05-2022 |
| Status | Active |
| Postal code | 1830 |
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. |
|---|---|---|---|---|
| 23047A0550/00A000 | Flanders | 9,676 m² | 1 · 869 m² | 16.6 m |
| 23047A0119/00M002 | Flanders | 2,438 m² | 1 · 2,175 m² | 19.3 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
07-10-2022 Pereira Guedes Nuno Josė appointed as actief vennoot
- Pereira Guedes Nuno Josė, Actief vennoot
Technical details
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"events": [
{
"kind": "director_in",
"role": "actief_vennoot",
"person": {
"rrn": null,
"name": "Pereira Guedes Nuno Jos\u0117",
"address": "Rue ides vanschepdael 62, 1449 Braine-Le-Ch\u00E2teau",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2022-08-19",
"evidence_quote": "Bij beslissing van de buitengewone algemene vergadering van 19/08/2022 wordt beslist bij eenparigheid van stemmen : Dat Meneer Pereira Guedes Nuno Jos\u0117, wonende te Rue ides vanschepdael 62 te 1449 Braine-Le-Ch\u00E2teau, benoemd wordt als actief vennoot en dit vanaf 19/08/2022.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-10-07",
"filing_date": "2022-09-28",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2022-08-19",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0786.234.785",
"name_full": "M Syst\u00E8me",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Cardoso Fernandes Emmanuel",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | M. Système |