Losses
-€17,964 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
M365 Partners
Lifetime
3 annual accounts with figures on one time axispeak €42,421 (2023)
-€87▲ €2,960
lowest -€10,426 (2024)
-€7,538▲ €2,888
peak €38,251 (2023)
€20,287▼ 27.1%
€5,461▼ 80.6%
Board3 names since 2023
1 directorEL BAKKALI, Abdessamad
Documentsfilings and deeds
27-08-202627 days late
2025abbreviated format
Gross margin from -€3,047 to -€87Loss of €7,538Registered office moved from Forest to Watermael-Boitsfort 18-06Equity from €27,825 to €20,287Debts from €28,103 to €5,461Cash from €1,006 to €2,308
Key points
from the 2025 annual accountsFilings
3 annual accounts 2 late
The 2025 accounts came latest: 27 days after the end of the period.
At the same address
328 companies
Turnover not published (abbreviated or micro format)
Checked score
69
Healthy
Financially stronger than 37% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.3%▲ +0.1 percentage points vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 1.1%▲ +0.8 percentage points vs 06-2025
08-2025: 1.1%● unchanged vs 07-2025
09-2025: 1.1%● unchanged vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.1%● unchanged vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.2%▲ +0.1 percentage points vs 03-2026
05-2026: 1.2%● unchanged vs 04-2026
06-2026: 1.2%● unchanged vs 05-2026
07-2026: 1.2%● unchanged vs 06-2026
08-2026: 1.7%▲ +0.5 percentage points vs 07-2026highest value
09-2026: 0.6%▼ -1.1 percentage points vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
1 change of registered office in 24 months
Loss of €7,538, the second in a row (financial year 2025)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €25,748
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 62, micro). It does better than 85% of them on solvency, 37% on liquidity, 5% on profitability and 22% on growth.
The bankruptcy probability was computed on 09-11-2026 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).
Comparable companies, two years later
In July 2024, 3,223 companies had the same profile as M365 Partners has now. Each dot stands for 9 companies, two years later.
87.8%
were still trading
8.7%
stopped another way
3.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of M365 Partners itself is lower: 0.6% within 12 months. It rests on far more data about M365 Partners than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,223 companies, not a prediction for M365 Partners. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.64 (1.57 in 2024), above the usual 1.5. Short-term debt is 19.6% and cash 9% of total assets. 21.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year -€7,538
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 3 filingsDeviation from the deadline
2025
27 days late
2024
42 days early
2023
23 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 3 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 August (3 of the last 3 accounts filed within 66 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- RAIS, Nadia 20 sharesdeed of 07-08-2023
- EL BAKKALI, Abdessamad 80 sharesdeed of 07-08-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0804550662
Registered office moved from Forest to Watermael-Boitsfort
New registered office: Avenue des Gerfauts 10, Boite 34, 1170 Watermael-Boitsfort · Previous registered office: Rue Toots Thielemans 50, 1190 Forest · General meeting of 28-04-2025 · Gazette deed
Resignations: EL BAKKALI Yassir (director) and RAIS Nadia (director)
General meeting of 07-10-2024 · Gazette deed
Appointment: EL BAKKALI Yassir (director)
General meeting of 20-12-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| M365 Partners Watermael-Boitsfort | €25,748 | -€87 | 78.8% | - |
| SSCNN Etterbeek | €23,236 | -€11,106 | 10.3% | - |
| MOOBY Anderlecht | €20,543 | -€9,001 | -48.6% | - |
| HARN Ottignies-Louvain-la-Neuve | €24,792 | -€10,070 | 23.9% | - |
| Fire Foot Studios Opwijk | €23,456 | -€2,709 | -12.4% | - |
| CORTEX AUTOMATIX ANTWERPEN Antwerp | €24,967 | -€13,064 | -29.9% | - |
| SINTO LABS Ghent | €26,991 | -€7,161 | 88.5% | - |
These companies have the same main activity as M365 Partners: computer programming (NACE 62100). They are comparable in size and age: total assets between €20,500 and €27,000, founded in 2023.
Official details
Source: KBO- Status
- Active since 03-08-2023Normal situation
- Registered office
- 330 active companies are registered at this address70 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Computer programmingNACE 62100and 4 others
- Establishment unit
- 2.348.045.6431190 Forest, since 03-08-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 24-12-2025
Insights on M365 Partners
M365 Partners files the abbreviated format. That format states no turnover. The gross margin fell from €42,421 in 2023 to -€87 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about M365 Partners
- What is the company number of M365 Partners?
- The company number of M365 Partners is 0804.550.662. The VAT number is the same number with BE in front: BE 0804.550.662.
- Where is M365 Partners based?
- The registered office is at Giervalkenlaan 10, 1170 Watermael-Boitsfort.Company details
- What does M365 Partners do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of M365 Partners?
- M365 Partners is a private limited company (BV).
- When was M365 Partners founded?
- M365 Partners was founded on 03-08-2023.
- Is M365 Partners still active?
- Yes, M365 Partners is an active enterprise in the KBO register.
- What is the turnover of M365 Partners?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is M365 Partners profitable?
- In financial year 2025, M365 Partners made a loss of €7,538.
- Where can I find the annual accounts of M365 Partners?
- M365 Partners filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of M365 Partners due?
- M365 Partners must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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