M4S Consult
ActiveM4S Consult has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-45k) and a net result of €-8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 2269 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▲+57
Solvency15▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.09 against 0.06 in 2024; short-term debt: 59.5% and cash: 2.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-10%
Return on assets
-1.9%
Age of the figures
18 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-45k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2024
32 d early
2023
7 d early
2022
32 d early
2021
4 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-45k▼ 23.2%
2024 · €-36k
2021: €62k
2022: €108k
2023: €25k
2024: €-36k
2021 → 2025
Total assets
€449k▼ 3.9%
2024 · €467k
2021: €89k
2022: €138k
2023: €522k
2024: €467k
2021 → 2025
Net result
€-8k▲ 86.2%
2024 · €-61k
2021: €52k
2022: €46k
2023: €-83k
2024: €-61k
2021 → 2025
Working capital
€-244k▼ 0.2%
2024 · €-244k
2021: €61k
2022: €56k
2023: €-180k
2024: €-244k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€62k-€108k▲ 75.2%€25k▼ 76.9%€-36k€-45k▼ 23.2%
Operating result€73k-€65k▼ 11.5%€-79k€-57k▲ 27.9%€-4k▲ 92.9%
Net result€52k-€46k▼ 10.3%€-83k€-61k▲ 26.1%€-8k▲ 86.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €57k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €449k
Fixed assets
€426k▼ 5.8%
Current assets
€23k▲ 52.6%
Key figures and ratios
EBITDA
€22k▲
2024 · €-32k
Cash flow
€18k▲
2024 · €-37k
Solvency
-10.0%▼
2024 · -7.8%
Current ratio
0.09▲
2024 · 0.06
Quick ratio
0.09▲
2024 · 0.06
Debt / equity
-10.99▲
2024 · -13.81
ROA
-1.9%▲
2024 · -13.2%
Interest coverage
5.13▲
2024 · -7.03
Debt
€494k▼
2024 · €504k
Debt ≤ 1 year
€267k▲
2024 · €259k
Debt > 1 year
€227k▼
2024 · €245k
Income taxes
€158▼
2024 · €165
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€467k€449k▼
Fixed assets21/28€452k€426k▼
Tangible fixed assets22/27€452k€426k▼
Land and buildings22€422k€409k▼
Furniture and vehicles24€30k€17k▼
Financial fixed assets28€43€43=
Current assets29/58€15k€23k▲
Amounts receivable within one year40/41€442€10k▲
Trade receivables40€442€10k▲
Cash at bank and in hand54/58€12k€10k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€467k€449k▼
Equity10/15€-36k€-45k▼
Contributions10/11€10k€10k=
Reserves13€98k€98k=
Distributable reserves133€98k€98k=
Profit (loss) carried forward14€-145k€-153k▼
Amounts payable17/49€504k€494k▼
Amounts payable after more than one year17€245k€227k▼
Financial debts170/4€245k€227k▼
Amounts payable within one year42/48€259k€267k▲
Current portion of amounts payable after more than one year42€18k€18k▲
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3€2k€5k▲
Remuneration and social security454/9€1k€675▼
Other amounts payable47/48€235k€241k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€26k▲
Other operating charges640/8€477€585▲
Gross operating margin9900€-31k€23k▲
Operating profit (loss)9901€-57k€-4k▲
Financial income75/76B€57€18▼
Recurring financial income75€57€18▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€-61k€-8k▲
Income taxes67/77€165€158▼
Profit (loss) for the period9904€-61k€-8k▲
Profit (loss) for the period to be appropriated9905€-61k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-145k€-153k▼
Profit (loss) brought forward from the previous period14P€-83k€-145k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €-83k ▼279%
Net result drops to €-83k, the lowest in the series; recovery starts the following year.
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €100kEq €108k ▲75.2%
2 profitable years in a row build equity to €108k.
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2019
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.
Rue Victor Sténuit 21342 Ottignies-Louvain-la-NeuveGround area
4,239 m²
Building footprint
293 m²
Volume, LiDAR
1,547 m³
2 parcels, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M4S Consult
since 20192.298.637.605
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25056A0376/00V000 | Wallonia | 2,235 m² | 1 · 213 m² | 7.8 m · 2 fl. |
| 25056A0330/00K000 | Wallonia | 2,004 m² | 1 · 79 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
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.
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Of 3,290 companies in sector 93110 we hold annual accounts for 1,492. 829 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-11-2019
Fiscal year end31-03
Abbreviation FR
M4S
Activities, NACEBEL
93110Operation of sports facilities
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
82100Office administrative and support services
82110Office administrative, office support and other business support activities
93293Sports, amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:cc@m4sconsult.be
Phone:+32477491906