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M.Y.S

Active
Private limited companyfounded 20179 yrs activeHogerlucht 118, 9600 Ronse, BelgiumKBO/BCE: BE 0668.640.596

M.Y.S has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-33k) and a net result of €-16k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 9518 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
33 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.44 against 0.32 in 2023; short-term debt: 38.3% and cash: 0.2% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 2024
Solvency, return and age of the figures
Solvency
-76.9%
Return on assets
-37.6%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €-33k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
35 d early
2023
34 d early
2022
39 d early
2021
4 d early
2020
16 d early
2019
15 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€-33k▼ 95.6%
2023 · €-17k
2018: €-9k 2019: €10k 2020: €23k 2021: €25k 2022: €-4k 2023: €-17k
2018 → 2024
Total assets
€43k▲ 22.1%
2023 · €35k
2018: €8k 2019: €41k 2020: €58k 2021: €54k 2022: €31k 2023: €35k
2018 → 2024
Net result
€-16k▼ 27.6%
2023 · €-13k
2018: €-15k 2019: €19k 2020: €12k 2021: €253 2022: €-30k 2023: €-13k
2018 → 2024
Working capital
€-9k▲ 74.1%
2023 · €-36k
2018: €-9k 2019: €7k 2020: €5k 2021: €8k 2022: €-11k 2023: €-36k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€23k-€25k▲ 11.5%€-4k€-17k▼ 298%€-33k▼ 95.6%
Operating result€21k-€7k▼ 66.9%€-29k€-11k▲ 60.7%€-22k▼ 97.5%
Net result€12k-€253▼ 97.9%€-30k€-13k▲ 56.9%€-16k▼ 27.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2020: €21k€21kNet result 2020: €12k€12kOperating result 2021: €7k€7kNet result 2021: €253€253Operating result 2022: €-29k€-29kNet result 2022: €-30k€-30kOperating result 2023: €-11k€-11kNet result 2023: €-13k€-13kOperating result 2024: €-22k€-22kNet result 2024: €-16k€-16k20202021202220232024
The operating result stays negative: a loss of €22k in 2024 against €11k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €43k
Fixed assets €36k▲ 92.0%
Current assets €7k▼ 56.3%
Key figures and ratios
2024 value · change against 2023
EBITDA
€-14k
2023 · €-8k
Cash flow
€-8k
2023 · €-10k
Solvency
-76.9%
2023 · -48.0%
Current ratio
0.44
2023 · 0.32
Quick ratio
0.44
2023 · 0.32
Debt / equity
-2.30
2023 · -3.08
ROA
-37.6%
2023 · -36.0%
Interest coverage
-270.92
2023 · -6.67
Debt
€77k
2023 · €52k
Debt ≤ 1 year
€17k
2023 · €52k
Debt > 1 year
€60k
Income taxes
€159
2023 · €209
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€35k€43k
Fixed assets21/28€19k€36k
Tangible fixed assets22/27€19k€36k
Plant, machinery and equipment23€2k€5k
Furniture and vehicles24€17k€31k
Current assets29/58€17k€7k
Amounts receivable within one year40/41€14k€6k
Trade receivables40€14k€6k
Cash at bank and in hand54/58€2k€74
Deferred charges and accrued income490/1€1k€1k
Equity and liabilities
Total equity and liabilities10/49€35k€43k
Equity10/15€-17k€-33k
Contributions10/11€19k€19k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-42k€-58k
Amounts payable17/49€52k€77k
Amounts payable after more than one year17-€60k
Financial debts170/4-€60k
Amounts payable within one year42/48€52k€17k
Trade debts44€18k€5k
Suppliers440/4€18k€5k
Taxes, remuneration and social security45€4k€3k
Taxes450/3€4k€3k
Other amounts payable47/48€30k€8k
Income statement Code20232024
Non-recurring operating income76A-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€8k
Other operating charges640/8€2k€1k
Gross operating margin9900€-6k€-13k
Operating profit (loss)9901€-11k€-22k
Financial income75/76B-€6k
Recurring financial income75-€6k
Financial charges65/66B€1k€51
Recurring financial charges65€1k€51
Profit (loss) for the period before taxes9903€-13k€-16k
Income taxes67/77€209€159
Profit (loss) for the period9904€-13k€-16k
Profit (loss) for the period to be appropriated9905€-13k€-16k
Appropriation of the result
Profit (loss) to be appropriated9906€-42k€-58k
Profit (loss) brought forward from the previous period14P€-29k€-42k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
26-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €-30k ▼11789%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
27-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
15-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
15-04
State Gazette act General meeting · Name change
Share issue · Share transfer
2020
02-09
State Gazette act General meeting · Statutes amendment
Corporate purpose · Capital
16-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €19k
Net result €19k after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 1.23
Current ratio from 0.46 to 1.23.
11-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
12-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Ronse · 1 establishment unit since 2017
establishment The establishment unit on the map
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.

Hogerlucht 1189600 Ronse
Ground area
7,494 m²
Building footprint
126 m²
Volume, LiDAR
989 m³
Parcel 45041B0409/00G000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
M.Y.S
Hogerlucht 118, 9600 RonseAgents specialised in the wholesale of other particular products
since 20172.260.554.217
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45041B0409/00G000 Flanders 7,494 m² 1 · 126 m² 11.4 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Connections & network

1 connected company
Network connections
OCTOGOLD
Shared director

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 1,650 EUR awarded · 1,650 EUR paid
Year Entries awardedpaid
2022 1 1,650 EUR1,650 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 1,650 EUR · 1,650 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 24,501 companies in sector 82990 we hold annual accounts for 9,402. 6,145 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-01-2017
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
62020IT consultancy
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.