Skip to content

MARKETING ENGINEERING SOFTWARE

Active
Private limited companyfounded 198244 yrs activeRue des Ecoles (VEL) 30, 7760 Celles (lez-Tournai), BelgiumKBO/BCE: BE 0422.637.809
Summary

The computed 12-month bankruptcy probability of MARKETING ENGINEERING SOFTWARE is 1.6% (moderate). The 2025 annual accounts show equity of €142,095 and a net result of -€27,183. Equity remains stable across the filed fiscal years (±0.5% per year). The company has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability50▼-4
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
short-term debt: 0% and cash: 0.2% of total assets, and 3.8% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 44 years 0 50 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€27,183
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
5 d late
2023
42 d late
2022
4 d early
2021
21 d early
2020
4 d early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 7 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

History

MARKETING ENGINEERING SOFTWARE was incorporated on 21 April 1982.1 Total assets fell from EUR 208,935 in 2019 to EUR 147,721 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€27,183▼ 34.1%
2024 · -€20,265
Working capital
€2,450
2024 · -€1,803
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€22,663▲ 283%€12,951▼ 42.9%€3,894▼ 69.9%-€20,127-€26,958▼ 33.9%
Net result€13,641▲ 471%€7,061▼ 48.2%€1,137▼ 83.9%-€20,265-€27,183▼ 34.1%
Equity€181,345▲ 8.1%€188,406▲ 3.9%€189,543▲ 0.6%€169,278▼ 10.7%€142,095▼ 16.1%
Total assets€197,214▲ 7.0%€193,762▼ 1.8%€210,500▲ 8.6%€175,679▼ 16.5%€147,721▼ 15.9%
Debt€15,869▼ 4.9%€5,356▼ 66.2%€20,957▲ 291%€6,402▼ 69.5%€5,627▼ 12.1%
Working capital€40,086▲ 276%€47,919▲ 19.5%€1,550▼ 96.8%-€1,803€2,450
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2021: €22,663€22,663Net result 2021: €13,641€13,641Operating result 2022: €12,951€12,951Net result 2022: €7,061€7,061Operating result 2023: €3,894€3,894Net result 2023: €1,137€1,137Operating result 2024: -€20,127-€20,127Net result 2024: -€20,265-€20,265Operating result 2025: -€26,958-€26,958Net result 2025: -€27,183-€27,18320212022202320242025-€30,000-€20,000-€10,000€0Operating result 2023: €3,894€3,890Net result 2023: €1,137€1,140Operating result 2024: -€20,127-€20,100Net result 2024: -€20,265-€20,300Operating result 2025: -€26,958-€27,000Net result 2025: -€27,183-€27,200202320242025
The operating result stays negative: a loss of €26,958 in 2025 against €20,127 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €147,721
Fixed assets €145,271 ▼ 16.7%
Current assets €2,450 ▲ 107%
Equity and liabilities €147,721
Equity €142,095 ▼ 16.1%
Debt €5,627 ▼ 12.1%
Debt's share of the balance-sheet total rises from 3.6% to 3.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,269▼
2024 · €8,353
Cash flow
€2,044▼
2024 · €8,215
Debt to equity
0.04▲
2024 · 0.04
ROE
-19.1%▼
2024 · -12.0%
ROA
-18.4%▼
2024 · -11.5%
Interest coverage
10.08▼
2024 · 74.46
Debt ≤ 1 year
€0▼
2024 · €2,984
Debt > 1 year
€5,277▲
2024 · €1,917
Income taxes
€0▼
2024 · €34
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.7% went bankrupt
13% stopped otherwise
84% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,834 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€175,679€147,721▼
Fixed assets21/28€174,498€145,271▼
Tangible fixed assets22/27€174,377€145,149▼
Land and buildings22€158,276€135,086▼
Plant, machinery and equipment23€10,769€7,463▼
Furniture and vehicles24€5,331€2,600▼
Financial fixed assets28€121€121=
Current assets29/58€1,181€2,450▲
Amounts receivable within one year40/41€0-
Trade receivables40€0-
Cash at bank and in hand54/58€144€240▲
Deferred charges and accrued income490/1€1,037€2,210▲
Equity and liabilities
Total equity and liabilities10/49€175,679€147,721▼
Equity10/15€169,278€142,095▼
Contributions10/11€18,592€18,592=
Reserves13€150,686€123,503▼
Non-distributable reserves130/1€1,859€0▼
Reserves not available under the articles1311€1,859€0▼
Distributable reserves133€148,826€123,503▼
Amounts payable17/49€6,402€5,627▼
Amounts payable after more than one year17€1,917€5,277▲
Other amounts payable178/9€1,917€5,277▲
Amounts payable within one year42/48€2,984€0▼
Trade debts44€2,953€0▼
Suppliers440/4€2,953€0▼
Taxes, remuneration and social security45€32€0▼
Taxes450/3€32€0▼
Accrued charges and deferred income492/3€1,500€350▼
Income statement Code20242025
Non-recurring operating income76A€3,000€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,481€29,227▲
Other operating charges640/8€1,283€1,460▲
Gross operating margin9900€9,636€3,729▼
Operating profit (loss)9901-€20,127-€26,958▼
Financial income75/76B€8€0▼
Recurring financial income75€8€0▼
Financial charges65/66B€112€225▲
Recurring financial charges65€112€225▲
Profit (loss) for the period before taxes9903-€20,231-€27,183▼
Income taxes67/77€34€0▼
Profit (loss) for the period9904-€20,265-€27,183▼
Profit (loss) for the period to be appropriated9905-€20,265-€27,183▼
Appropriation of the result
Profit (loss) to be appropriated9906-€20,265-€27,183▼
Transfer from equity791/2€20,265€27,183▲
Transfer to equity691/2€0-
To the legal reserve6920€0-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A---€3,000€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,595€22,529€25,614€28,481€29,227▲ 2.6%
Other operating charges640/8-€1,427€1,173€1,283€1,460▲ 13.8%
Gross operating margin9900€48,400€36,908€30,682€9,636€3,729▼ 61.3%
Operating profit (loss)9901€22,663€12,951€3,894-€20,127-€26,958▼ 33.9%
Financial income75/76B-€0€1€8€0▼ 100%
Recurring financial income75€0€0€1€8€0▼ 100%
Financial charges65/66B-€180€213€112€225▲ 101%
Recurring financial charges65€181€180€213€112€225▲ 101%
Profit (loss) for the period before taxes9903€22,482€12,771€3,682-€20,231-€27,183▼ 34.4%
Income taxes67/77€8,841€5,711€2,545€34€0▼ 100%
Profit (loss) for the period9904€13,641€7,061€1,137-€20,265-€27,183▼ 34.1%
Profit (loss) for the period to be appropriated9905€13,641€7,061€1,137-€20,265-€27,183▼ 34.1%
Line20212022202320242025Change
Assets
Total assets20/58€197,214€193,762€210,500€175,679€147,721▼ 15.9%
Fixed assets21/28€141,259€143,113€188,570€174,498€145,271▼ 16.7%
Tangible fixed assets22/27€141,138€142,992€188,449€174,377€145,149▼ 16.8%
Land and buildings22-€136,872€167,942€158,276€135,086▼ 14.7%
Plant, machinery and equipment23-€3,199€13,356€10,769€7,463▼ 30.7%
Furniture and vehicles24-€2,920€7,151€5,331€2,600▼ 51.2%
Financial fixed assets28€121€121€121€121€121=
Current assets29/58€55,955€50,649€21,929€1,181€2,450▲ 107%
Amounts receivable within one year40/41€34,546€289€4,026€0--
Trade receivables40-€0€4,026€0--
Other amounts receivable41-€289€0---
Cash at bank and in hand54/58€19,736€49,443€15,942€144€240▲ 66.5%
Deferred charges and accrued income490/1-€917€1,962€1,037€2,210▲ 113%
Equity and liabilities
Total equity and liabilities10/49€197,214€193,762€210,500€175,679€147,721▼ 15.9%
Equity10/15€181,345€188,406€189,543€169,278€142,095▼ 16.1%
Contributions10/11-€18,592€18,592€18,592€18,592=
Reserves13€162,753€169,814€170,951€150,686€123,503▼ 18.0%
Non-distributable reserves130/1-€1,859€1,859€1,859€0▼ 100%
Reserves not available under the articles1311-€1,859€1,859€1,859€0▼ 100%
Distributable reserves133-€167,955€169,092€148,826€123,503▼ 17.0%
Amounts payable17/49€15,869€5,356€20,957€6,402€5,627▼ 12.1%
Amounts payable after more than one year17-€2,626€577€1,917€5,277▲ 175%
Other amounts payable178/9-€2,626€577€1,917€5,277▲ 175%
Amounts payable within one year42/48€15,869€2,730€20,380€2,984€0▼ 100%
Trade debts44€6,605€1,816€15,759€2,953€0▼ 100%
Suppliers440/4-€1,816€15,759€2,953€0▼ 100%
Taxes, remuneration and social security45-€914€4,621€32€0▼ 100%
Taxes450/3-€914€4,621€32€0▼ 100%
Accrued charges and deferred income492/3---€1,500€350▼ 76.7%
Line20212022202320242025Change
Profit (loss) for the period9904€13,641€7,061€1,137-€20,265-€27,183▼ 34.1%
+ Depreciation and write-downs630€24,595€22,529€25,614€28,481€29,227▲ 2.6%
Operating cash flow (approximation)€38,236€29,590€26,751€8,215€2,044▼ 75.1%
Investment in fixed assets (approximation)--€24,383-€71,072-€14,408€0▲ 100%
Change in cash-€29,707-€33,501-€15,798€96▲ 101%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial Weakest financial yearnet -€27,183
Net result drops to -€27,183, the lowest in the series.
05-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
13-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2023
27-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Liquidity times 5current ratio 18.55
Current ratio from 3.53 to 18.55; short-term debt falls from €15,869 to €2,730.
10-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Highest result since 2019net €13,641 ▲471%
Operating result €22,663, net result €13,641, both a record.
30-06
Financial Liquidity doublescurrent ratio 3.53
Current ratio from 1.70 to 3.53.
27-01
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
Financial Liquidity doublescurrent ratio 1.70
Current ratio from 0.68 to 1.70; short-term debt falls from €43,619 to €15,209.
31-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2018
14-12
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
14-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
10-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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, Celles (lez-Tournai) · 4 establishment units since 1982
seat establishment All 4 establishment units on the map
Ground area
4,433 m²
Building footprint
791 m²
Volume, LiDAR
10,162 m³
3 parcels, Brussels, Wallonia · tallest building 31.2 m, ±9 floors. Linked by address, not a title deed.
4 establishment units
Kroonlaan 218, 1050 Elsene
NACE 51475
since 19822.020.547.117
Kroonlaan 218, 1050 Elsene
NACE 51475
since 19822.124.916.840
M.E.S.
Rue Houssière(FB) 13, 7911 Frasnes-lez-AnvaingRetail trade
since 19892.111.922.206
Rue des Ecoles (VEL) 30, 7760 Celles (lez-Tournai)
Wholesale trade
since 20092.183.858.592
3 parcels
Wallonia 2 (66.7%) Brussels 1 (33.3%)
Parcel (capakey) Region Area Buildings Height / fl.
57083D0797/00W000 Wallonia 2,411 m² 1 · 168 m² 13.4 m · 4 fl.
51022B0303/00F000 Wallonia 1,287 m² 1 · 284 m² 9.0 m · 2 fl.
21443C0218/00B017 Brussels 735 m² 1 · 340 m² 31.2 m · 9 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded21-04-1982
Fiscal year end31-12
Abbreviation FR M.E.S.
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.