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MF Sales

Active
Private limited companyfounded 2021active for 4 yearsRue de Courrière 18, 5340 Gesves, BelgiumKBO/BCE: BE 0779.295.426
Summary

The computed 12-month bankruptcy probability of MF Sales is 10.8% (high). The 2024 annual accounts show equity of €525 and a net result of €1,394. Equity is shrinking by about 62% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2025. Its solvency ranks better than 26% of 15,845 sector peers (NACE 46, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Agents in the wholesale of industrial machinery, ships and aircraft
NACE 46140
Size
€49,447turnover 2024
Equity
€525
Profit
€1,394
Financial health
32 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
10.8%
Structure
Accounts 70 days overdue0 of 1 deed read
Why 32raises risk1 financial year not filed after the legal deadline; latest accounts 91 days late; 3 of the last 3 lateNo establishment unit in the KBOFigures for financial year 2024 (filed 05-11-2025)Founded in 2021Show the evidence

Checked score

Score 2024
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 50% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Weak
Solvency 33+16
equity 7.8% of total assets
Liquidity 0-15
short-term debt 92.2%
Profitability 89+89
return on assets 20.7%
Bankruptcy probability, 12 months
10.8% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,867 companies, NACE 46, micro)
Last 24 months 11-2024: 4.8% 12-2024: 4.8%● unchanged vs 11-2024 01-2025: 4.7%▼ -0.1 percentage points vs 12-2024lowest value 02-2025: 4.7%● unchanged vs 01-2025lowest value 03-2025: 4.8%▲ +0.1 percentage points vs 02-2025 04-2025: 4.9%▲ +0.1 percentage points vs 03-2025 05-2025: 5.0%▲ +0.1 percentage points vs 04-2025 06-2025: 5.0%● unchanged vs 05-2025 07-2025: 5.1%▲ +0.1 percentage points vs 06-2025 08-2025: 6.1%▲ +1.0 percentage point vs 07-2025 09-2025: 6.0%▼ -0.1 percentage points vs 08-2025 10-2025: 8.3%▲ +2.3 percentage points vs 09-2025 11-2025: 8.4%▲ +0.1 percentage points vs 10-2025 12-2025: 6.7%▼ -1.7 percentage points vs 11-2025 01-2026: 6.8%▲ +0.1 percentage points vs 12-2025 02-2026: 6.8%● unchanged vs 01-2026 03-2026: 7.0%▲ +0.2 percentage points vs 02-2026 04-2026: 7.1%▲ +0.1 percentage points vs 03-2026 05-2026: 7.2%▲ +0.1 percentage points vs 04-2026 06-2026: 7.3%▲ +0.1 percentage points vs 05-2026 07-2026: 7.2%▼ -0.1 percentage points vs 06-2026 08-2026: 8.0%▲ +0.8 percentage points vs 07-2026 09-2026: 8.4%▲ +0.4 percentage points vs 08-2026 10-2026: 10.8%▲ +2.4 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.08, compared with 0.93 in 2023; short-term debt: 92.2% of total assets), and 92.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 22% on solvency, 1% on liquidity, 84% on profitability and 96% on growth.

The bankruptcy probability was computed on 08-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 91 days late; 3 of the last 3 late
NBB · filings
raises risk · No establishment unit in the KBO
KBO · seat and establishments
raises risk · Figures for financial year 2024 (filed 05-11-2025)
NBB · annual accounts
raises risk · Founded in 2021
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
91 days late
2023
69 days late
2022
60 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 73 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Back to profitnet €1,394
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Turnover 20242 financial years filed €49,447 View
  • Active since 2021founded 23-12-2021 4 years View

By topic

Financials

Financial year
2024
Turnover
€49,447
Profit
€1,394
Solvency
7.8%
Turnover▲ 16.6%
Net result
20222024
Go to Financials

Timeline

Events
5
Since
2023
  1. 31-12-2023Weakest financial year
  2. 29-09-2023Annual accounts filed
Go to Timeline

Company details

Legal form
Private limited company
Activity
Agents in the wholesale of industrial machinery, ships…NACE 46140
Founded
23-12-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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