Coöperatieve vennootschap met beperkte aansprakelijkheid · founded 1987 · active for 39 yearsDolezlaan 199A, 1180 Ukkel, BelgiumKBO/BCE: BE 0431.310.005
Summary
The computed 12-month bankruptcy probability of M. TEAM is 3.1% (moderate). The 2019 annual accounts show equity of €15,732 and a net result of -€3,744. The company has been active since 1987 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Other information technology and computer services
NACE 62900
1 site
Size
≈ €4,300turnover 2019, estimated
Equity
€15,732
Loss
-€3,744
Turnover estimated from the gross margin
Financial health
Bankruptcy probabilitywithin 12 months
3.1%
2019 figures too old to score
Structure
2020 accounts not filed, 1918 days past the deadline1 deed in the Belgian Official Gazette
Signalsraises riskFigures for financial year 2019 (filed 09-09-2020)3 financial years not filed after the legal deadline; last filed accounts filed 31 days late; 1 of the last 3 late2019 accounts filed 31 days lateAdministrative warnings in the KBO publicationslowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 2.49, cash €5,090neutralNo filing for yearsShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2019 · tick = 2018
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Average
Solvency96-4
equity 70.6% of total assets
Liquidity70-5
short-term debt 23.7% · cash 22.8%
Profitability0-39
return on assets -16.8%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
3.1%Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (25,901 companies, NACE 62, micro)
Last 24 months11-2024: 1.7%lowest value12-2024: 1.7%● unchanged vs 11-2024lowest value01-2025: 1.7%● unchanged vs 12-2024lowest value02-2025: 1.7%● unchanged vs 01-2025lowest value03-2025: 1.7%● unchanged vs 02-2025lowest value04-2025: 1.7%● unchanged vs 03-2025lowest value05-2025: 3.1%▲ +1.4 percentage points vs 04-2025highest value06-2025: 3.1%● unchanged vs 05-2025highest value07-2025: 3.1%● unchanged vs 06-2025highest value08-2025: 3.1%● unchanged vs 07-2025highest value09-2025: 3.1%● unchanged vs 08-2025highest value10-2025: 3.1%● unchanged vs 09-2025highest value11-2025: 3.1%● unchanged vs 10-2025highest value12-2025: 3.1%● unchanged vs 11-2025highest value01-2026: 3.1%● unchanged vs 12-2025highest value02-2026: 3.1%● unchanged vs 01-2026highest value03-2026: 3.1%● unchanged vs 02-2026highest value04-2026: 3.1%● unchanged vs 03-2026highest value05-2026: 3.1%● unchanged vs 04-2026highest value06-2026: 3.1%● unchanged vs 05-2026highest value07-2026: 3.1%● unchanged vs 06-2026highest value08-2026: 3.1%● unchanged vs 07-2026highest value09-2026: 3.1%● unchanged vs 08-2026highest value10-2026: 3.1%● unchanged vs 09-2026highest value
31-12-2020 year end31-07-2021 deadline31-10-2026 today
raises risk · 2019 accounts filed 31 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 31-08-2020, 31 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.
tick = median of all Belgian filingsring = median in the sector
This company filed its 2019 accounts 31 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.