MK service

Active

Private limited companyfounded 20206 yrs activeRoeselarestraat(ONK) 221, 8840 Staden, BelgiumKBO/BCE: BE 0750.818.996

The computed 12-month bankruptcy probability of MK service is 2.7% (moderate). The 2025 annual accounts show equity of €41k and a net result of €-11k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 27% of 11210 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

40 / 100

Weak

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability36▼-39

Solvency37▼-25

Growth52=

Track record100

Bankruptcy probability, 12 months

2.7% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days only on tighter terms

Liquidity short (current ratio 0.3 against 0.24 in 2024; short-term debt: 29.7% and cash: 7.2% of total assets), and 88.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

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 2025

Solvency, return and age of the figures

Solvency

11.6%

Return on assets

-3%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

31 d early

2024

31 d early

2023

20 d early

2022

31 d early

2021

20 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

16-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€41k▼ 20.6%

2024 · €51k

2021: €29k 2022: €37k 2023: €44k 2024: €51k

2021 → 2025

Total assets

€351k▲ 153%

2024 · €139k

2021: €49k 2022: €76k 2023: €70k 2024: €139k

2021 → 2025

Net result

€-11k

2024 · €7k

2021: €25k 2022: €8k 2023: €7k 2024: €7k

2021 → 2025

Working capital

€-73k▼ 32.7%

2024 · €-55k

2021: €23k 2022: €19k 2023: €11k 2024: €-55k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€29k-€37k▲ 29.5%€44k▲ 18.9%€51k▲ 16.1%€41k▼ 20.6%

Operating result€34k-€11k▼ 67.9%€9k▼ 17.1%€9k▲ 1.2%€362▼ 96.0%

Net result€25k-€8k▼ 65.7%€7k▼ 17.1%€7k▲ 1.3%€-11k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 96% below 2024 and is the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €351k

91.1%

Fixed assets €320k▲ 163%

Current assets €31k▲ 80.2%

Equity and liabilities €351k

12%

88.4%

Equity €41k▼ 20.6%

Debt €310k▲ 255%

The debt ratio rises from 63.0% to 88.4%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€28k▲

2024 · €26k

Cash flow

€17k▼

2024 · €24k

Solvency

11.6%▼

2024 · 37.0%

Current ratio

0.30▲

2024 · 0.24

Quick ratio

0.27▲

2024 · 0.22

Debt / equity

7.62▲

2024 · 1.71

ROE

-25.9%▼

2024 · 13.8%

ROA

-3.0%▼

2024 · 5.1%

Interest coverage

2.47▼

2024 · 26.21

Debt

€310k▲

2024 · €88k

Debt ≤ 1 year

€104k▲

2024 · €72k

Debt > 1 year

€204k▲

2024 · €15k

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€139k€351k▲

Fixed assets21/28€122k€320k▲

Tangible fixed assets22/27€122k€320k▲

Land and buildings22€77k€260k▲

Plant, machinery and equipment23€3k€29k▲

Furniture and vehicles24€42k€32k▼

Current assets29/58€17k€31k▲

Stocks and contracts in progress3€1k€3k▲

Stocks30/36€1k€3k▲

Amounts receivable within one year40/41€10k-

Trade receivables40€10k-

Other amounts receivable41€70-

Cash at bank and in hand54/58€5k€25k▲

Deferred charges and accrued income490/1€1k€3k▲

Equity and liabilities

Total equity and liabilities10/49€139k€351k▲

Equity10/15€51k€41k▼

Contributions10/11€4k€4k=

Reserves13€47k€47k=

Distributable reserves133€47k€47k=

Profit (loss) carried forward14-€-11k

Amounts payable17/49€88k€310k▲

Amounts payable after more than one year17€15k€204k▲

Financial debts170/4€15k€204k▲

Amounts payable within one year42/48€72k€104k▲

Current portion of amounts payable after more than one year42€6k€18k▲

Trade debts44€8k€31k▲

Suppliers440/4€8k€31k▲

Advances received on contracts in progress46-€50

Taxes, remuneration and social security45€7k€5k▼

Taxes450/3€7k€5k▼

Other amounts payable47/48€51k€51k▼

Accrued charges and deferred income492/3-€2k

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€27k▲

Other operating charges640/8€1k€2k▲

Non-recurring operating charges66A-€2k

Gross operating margin9900€27k€32k▲

Operating profit (loss)9901€9k€362▼

Financial income75/76B€2€367▲

Recurring financial income75€2€367▲

Financial charges65/66B€990€11k▲

Recurring financial charges65€990€11k▲

Profit (loss) for the period before taxes9903€8k€-11k▼

Income taxes67/77€1k-

Profit (loss) for the period9904€7k€-11k▼

Profit (loss) for the period to be appropriated9905€7k€-11k▼

Appropriation of the result

Profit (loss) to be appropriated9906€7k€-11k▼

Transfer to equity691/2€7k-

To other reserves6921€7k-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 1Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

30-06

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Weakest financial yearnet €-11k ▼249%

Net result drops to €-11k, the lowest in the series.

30-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

11-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

30-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

11-07

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

2 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, Staden · 3 establishment units since 2020

establishment All 3 establishment units on the map

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.

Roeselarestraat(ONK) 2218840 Staden

Ground area

1,328 m²

Building footprint

232 m²

Volume, LiDAR

1,262 m³

3 parcels, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.

3 establishment units

MK Service

Roeselarestraat(ONK) 221, 8840 StadenAgents in non-specialised wholesale trade

since 20202.305.054.055

Slagershuis

G. Gezellestraat(ONK) 15, 8840 StadenManufacture of food products

since 20222.339.207.260

De Smaeckerey

Rijselstraat 139, 8820 TorhoutManufacture of food products

since 20252.382.519.443

3 parcels

Flanders 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31523F0040/00S000	Flanders	893 m²	-	-
36014D0568/00C000	Flanders	249 m²	1 · 122 m²	8.6 m · 2 fl.
36014C0266/00Z000	Flanders	186 m²	1 · 110 m²	7.6 m · 2 fl.