MF PROJECT
ActiveSummary
The computed 12-month bankruptcy probability of MF PROJECT is 2.7% (moderate). The 2024 annual accounts show equity of €22,116 and a net result of €4,668. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 72% of 9974 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 3 accounts on average 2 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 26,964 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.
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,216 | €4,669 | €6,178 | ▲ 32.3% |
| Other operating charges640/8 | €3,966 | €1,319 | €1,159 | ▼ 12.1% |
| Gross operating margin9900 | €29,053 | €7,409 | €15,945 | ▲ 115% |
| Operating profit (loss)9901 | €18,871 | €1,421 | €8,608 | ▲ 506% |
| Financial income75/76B | €5 | €7 | €0 | ▼ 97.6% |
| Recurring financial income75 | €5 | €7 | €0 | ▼ 97.6% |
| Financial charges65/66B | €964 | €1,190 | €1,293 | ▲ 8.6% |
| Recurring financial charges65 | €964 | €1,190 | €1,293 | ▲ 8.6% |
| Profit (loss) for the period before taxes9903 | €17,912 | €237 | €7,315 | ▲ 2,986% |
| Income taxes67/77 | €3,700 | €1 | €2,647 | ▲ 181,190% |
| Profit (loss) for the period9904 | €14,212 | €236 | €4,668 | ▲ 1,882% |
| Profit (loss) for the period to be appropriated9905 | €14,212 | €236 | €4,668 | ▲ 1,882% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €35,654 | €26,411 | €35,046 | ▲ 32.7% |
| Fixed assets21/28 | €16,984 | €14,382 | €19,314 | ▲ 34.3% |
| Tangible fixed assets22/27 | €16,984 | €14,382 | €19,314 | ▲ 34.3% |
| Plant, machinery and equipment23 | €4,905 | €5,603 | €8,542 | ▲ 52.4% |
| Furniture and vehicles24 | €12,079 | €8,779 | €10,772 | ▲ 22.7% |
| Current assets29/58 | €18,670 | €12,029 | €15,732 | ▲ 30.8% |
| Stocks and contracts in progress3 | - | €6,818 | - | - |
| Stocks30/36 | - | €6,818 | - | - |
| Amounts receivable within one year40/41 | €12,889 | €4,182 | €13,203 | ▲ 216% |
| Trade receivables40 | €11,093 | - | - | - |
| Other amounts receivable41 | €1,796 | €4,182 | €13,203 | ▲ 216% |
| Cash at bank and in hand54/58 | €5,782 | €1,030 | €304 | ▼ 70.5% |
| Deferred charges and accrued income490/1 | - | - | €2,225 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €35,654 | €26,411 | €35,046 | ▲ 32.7% |
| Equity10/15 | €17,212 | €17,448 | €22,116 | ▲ 26.8% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €14,212 | €14,448 | €19,116 | ▲ 32.3% |
| Amounts payable17/49 | €18,442 | €8,964 | €12,930 | ▲ 44.2% |
| Amounts payable within one year42/48 | €18,442 | €8,964 | €12,930 | ▲ 44.2% |
| Financial debts43 | - | - | €5,900 | - |
| Credit institutions430/8 | - | - | €5,900 | - |
| Trade debts44 | - | €108 | €3,563 | ▲ 3,186% |
| Suppliers440/4 | - | €108 | €3,563 | ▲ 3,186% |
| Taxes, remuneration and social security45 | €3,700 | €6,421 | €3,040 | ▼ 52.7% |
| Taxes450/3 | €3,700 | €4,421 | €1,040 | ▼ 76.5% |
| Remuneration and social security454/9 | - | €2,000 | €2,000 | = |
| Other amounts payable47/48 | €14,742 | €2,434 | €427 | ▼ 82.5% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,212 | €236 | €4,668 | ▲ 1,882% |
| + Depreciation and write-downs630 | €6,216 | €4,669 | €6,178 | ▲ 32.3% |
| Operating cash flow (approximation) | €20,428 | €4,905 | €10,846 | ▲ 121% |
| Investment in fixed assets (approximation) | - | -€2,068 | -€11,110 | ▼ 437% |
| Change in cash | - | -€4,751 | -€726 | ▲ 84.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92037A0079/02Y002 | Wallonia | 1,070 m² | - | - |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.