MANUFACTURING EXECUTION SYSTEM CONSULTANCY
ActiveMANUFACTURING EXECUTION SYSTEM CONSULTANCY has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €313k and a net result of €64k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 90% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability92▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 10.62 against 9.56 in 2023; short-term debt: 8.2% and cash: 24.3% of total assets), and 8.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
91.8%
Return on assets
18.7%
Age of the figures
21 mo
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 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
18 d early
2022
26 d late
2021
16 d early
2020
46 d early
2019
22 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€313k▲ 25.6%
2023 · €249k
2018: €138k
2019: €158k
2020: €160k
2021: €162k
2022: €193k
2023: €249k
2018 → 2024
Total assets
€342k▲ 24.8%
2023 · €274k
2018: €171k
2019: €228k
2020: €223k
2021: €211k
2022: €227k
2023: €274k
2018 → 2024
Net result
€64k▲ 12.4%
2023 · €57k
2018: €272
2019: €20k
2020: €3k
2021: €2k
2022: €31k
2023: €57k
2018 → 2024
Working capital
€271k▲ 31.0%
2023 · €207k
2018: €110k
2019: €110k
2020: €110k
2021: €111k
2022: €140k
2023: €207k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€160k-€162k▲ 1.0%€193k▲ 19.1%€249k▲ 29.6%€313k▲ 25.6%
Operating result€6k-€4k▼ 35.5%€42k▲ 961%€80k▲ 89.8%€84k▲ 5.2%
Net result€3k-€2k▼ 39.1%€31k▲ 1,845%€57k▲ 84.6%€64k▲ 12.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 5% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €342k
Fixed assets
€43k▼ 0.2%
Current assets
€299k▲ 29.5%
Equity and liabilities €342k
Equity
€313k▲ 25.6%
Debt
€28k▲ 16.6%
The debt ratio falls from 8.8% to 8.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€85k▼
2023 · €89k
Cash flow
€65k▼
2023 · €67k
Solvency
91.8%▲
2023 · 91.2%
Current ratio
10.62▲
2023 · 9.56
Quick ratio
10.62▲
2023 · 9.56
Debt / equity
0.09▼
2023 · 0.10
ROE
20.4%▼
2023 · 22.8%
ROA
18.7%▼
2023 · 20.8%
Interest coverage
1282.24▲
2023 · 759.83
Debt
€28k▲
2023 · €24k
Debt ≤ 1 year
€28k▲
2023 · €24k
Income taxes
€24k▲
2023 · €23k
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€274k€342k▲
Fixed assets21/28€43k€43k▼
Tangible fixed assets22/27€2k€2k▼
Furniture and vehicles24€2k€2k▼
Financial fixed assets28€41k€41k=
Current assets29/58€231k€299k▲
Amounts receivable after more than one year29€91k€91k=
Other amounts receivable291€91k€91k=
Amounts receivable within one year40/41€46k€117k▲
Trade receivables40€31k€17k▼
Other amounts receivable41€15k€100k▲
Cash at bank and in hand54/58€92k€83k▼
Deferred charges and accrued income490/1€1k€8k▲
Equity and liabilities
Total equity and liabilities10/49€274k€342k▲
Equity10/15€249k€313k▲
Contributions10/11€13k€13k=
Reserves13€163k€213k▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€160k€210k▲
Profit (loss) carried forward14€74k€88k▲
Amounts payable17/49€24k€28k▲
Amounts payable within one year42/48€24k€28k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€23k€27k▲
Taxes450/3€23k€27k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€1k▼
Other operating charges640/8€965€1k▲
Gross operating margin9900€90k€86k▼
Operating profit (loss)9901€80k€84k▲
Financial income75/76B€205€4k▲
Recurring financial income75€205€4k▲
Financial charges65/66B€118€66▼
Recurring financial charges65€118€66▼
Profit (loss) for the period before taxes9903€80k€88k▲
Income taxes67/77€23k€24k▲
Profit (loss) for the period9904€57k€64k▲
Profit (loss) for the period to be appropriated9905€57k€64k▲
Appropriation of the result
Profit (loss) to be appropriated9906€114k€138k▲
Profit (loss) brought forward from the previous period14P€57k€74k▲
Transfer to equity691/2€40k€50k▲
To other reserves6921€40k€50k▲
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
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €64k ▲12.4%
Operating result €84k, net result €64k, both a record.
13-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €249k ▲29.6%
6 profitable years in a row build equity to €249k.
26-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 26 days late
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150kEq €158k ▲14.4%
2 profitable years in a row build equity to €158k.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-07
NBB filing
Annual accounts filed
fiscal year 2015 · full 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, Sint-Jans-Molenbeek · 1 establishment unit since 2001
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.
Elegiestraat 241080 Sint-Jans-MolenbeekGround area
250 m²
Building footprint
85 m²
Volume, LiDAR
826 m³
Parcel 21524C0264/00Z000, Brussels · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Elegiestraat 24, 1080 Sint-Jans-Molenbeek
since 20012.098.448.213
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0264/00Z000 | Brussels | 250 m² | 1 · 85 m² | 12.6 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.
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 13,631 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-2001
Fiscal year end31-12
Abbreviation FR
M.E.S. CONSULT
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.