Skip to content

MKS DEVO

Active
Private limited companyfounded 20233 yrs activeWittestraat 103, 2020 Antwerpen, BelgiumKBO/BCE: BE 0804.322.515
Summary

The computed 12-month bankruptcy probability of MKS DEVO is 2.3% (moderate). The 2025 annual accounts show equity of €138,052 and a net result of -€61,948. Its solvency ranks better than 58% of 8281 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency77
Growth-
Track record79
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.06; short-term debt: 48.4% and cash: 16.7% of total assets), and 48.4% 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

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 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
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · 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
51.6%
Return on assets
-23.1%
Age of the figures
18 mo
raises risk · 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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 13-11-2025, 13 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 · 1 filing
Deviation from the deadline
2025
13 d late
← before the deadline after the deadline →
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

On 27 July 2023, MKS DEVO was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

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

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

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

Financials · fiscal year 2025, abbreviated schema

Equity
€138,052
Total assets
€267,679
Net result
-€61,948
Working capital
€138,052

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

Balance-sheet composition
Equity and liabilities €267,679
Equity €138,052
Debt €129,627
Debt finances 48.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
-€58,547
Cash flow
-€59,595
Current ratio
2.06
Quick ratio
1.55
Debt to equity
0.94
ROE
-44.9%
ROA
-23.1%
Interest coverage
-54.80
Debt ≤ 1 year
€129,627

Peer companies

Historical observation

Of the 3,225 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.3% went bankrupt
8.7% stopped otherwise
88% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.3% 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 497,341 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% 1.8%
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 3,225 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 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€267,679
Current assets29/58€267,679
Stocks and contracts in progress3€66,942
Stocks30/36€66,942
Amounts receivable within one year40/41€156,043
Trade receivables40€155,632
Other amounts receivable41€411
Cash at bank and in hand54/58€44,695
Equity and liabilities
Total equity and liabilities10/49€267,679
Equity10/15€138,052
Contributions10/11€200,000
Profit (loss) carried forward14-€61,948
Amounts payable17/49€129,627
Amounts payable within one year42/48€129,627
Trade debts44€102,388
Suppliers440/4€102,388
Taxes, remuneration and social security45€26,617
Taxes450/3€26,617
Other amounts payable47/48€622
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,353
Other operating charges640/8€118
Gross operating margin9900-€58,429
Operating profit (loss)9901-€60,900
Financial income75/76B€20
Recurring financial income75€20
Financial charges65/66B€1,068
Recurring financial charges65€1,068
Profit (loss) for the period before taxes9903-€61,948
Profit (loss) for the period9904-€61,948
Profit (loss) for the period to be appropriated9905-€61,948
Appropriation of the result
Profit (loss) to be appropriated9906-€61,948

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,353
Other operating charges640/8€118
Gross operating margin9900-€58,429
Operating profit (loss)9901-€60,900
Financial income75/76B€20
Recurring financial income75€20
Financial charges65/66B€1,068
Recurring financial charges65€1,068
Profit (loss) for the period before taxes9903-€61,948
Profit (loss) for the period9904-€61,948
Profit (loss) for the period to be appropriated9905-€61,948
Line2025
Assets
Total assets20/58€267,679
Current assets29/58€267,679
Stocks and contracts in progress3€66,942
Stocks30/36€66,942
Amounts receivable within one year40/41€156,043
Trade receivables40€155,632
Other amounts receivable41€411
Cash at bank and in hand54/58€44,695
Equity and liabilities
Total equity and liabilities10/49€267,679
Equity10/15€138,052
Contributions10/11€200,000
Profit (loss) carried forward14-€61,948
Amounts payable17/49€129,627
Amounts payable within one year42/48€129,627
Trade debts44€102,388
Suppliers440/4€102,388
Taxes, remuneration and social security45€26,617
Taxes450/3€26,617
Other amounts payable47/48€622
Line2025
Profit (loss) for the period9904-€61,948
+ Depreciation and write-downs630€2,353
Operating cash flow (approximation)-€59,595

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

2025
13-11
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 13 days late
NBB filing
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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
63 m²
Building footprint
63 m²
Volume, LiDAR
589 m³
Parcel 11809I2408/00P011, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
10 companies at this address See who is registered here
1 establishment unit
MKS DEVO
Wittestraat 103, 2020 AntwerpenWholesale trade
since 20232.347.958.640
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11809I2408/00P011 Flanders 63 m² 1 · 63 m² 10.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 537 companies in this sector we hold annual accounts for 304. 207 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded27-07-2023
Fiscal year end31-03
Activities, NACEBEL 2025
46120Wholesale trade
46851Wholesale of industrial chemicals
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804322515
Also 9925:BE0804322515
Registered 26-11-2025

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

Register as of 1 October 2026 · Peppol Directory

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