Checked.be
Active
BE 0790.813.779Private limited company
ML FULL SERVICES
Bergensesteenweg 339 A ·1600 Sint-Pieters-Leeuw, Belgium· 3 yrs active
Sector: Warehousing and support activities for transportation
(52260)
Conclusion
The computed 12-month bankruptcy probability of ML FULL SERVICES is 3.4% (moderate). The 2024 annual accounts show equity of €15k and a net result of €-7k. Its solvency ranks better than 33% of 1309 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €15k |
| Net result | €-7k |
| Better than sector | 33% |
| Active | 3 yrs |
Financial profile
41
/ 100
Fragile profile, watch solvency in particular.
All 5 axes are computed from data Checked has read.
Health
28
Profitability
33
Solvency
19
Growth
32
Stability
94
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
28
/ 100
Weak
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€500
estimate, not credit advice
Score history
48
2023
28
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.50 (< 1.0)
-10
Quick ratio
Quick ratio 0.50 (< 0.6)
-5
Leverage
Debt/equity 3.50 (> 3.0)
-10
Profitability
Negatieve ROE -45%
-10
EBITDA margin
EBITDA-marge 27% (≥ 10%)
+8
Interest coverage
Interest coverage 4.9× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 16-09-2025 with the NBB · fiscal year 2024 · micro schema
Sector comparison
Fiscal year 2024 · NACE 52, Warehousing and support activities for transportation · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 22.2% | 42.9% | |
| Net result | €-7k | €9k | |
| Equity | €15k | €56k | |
| Gross operating margin | €14k | €44k | |
| Total assets | €69k | €178k |
€49k
-
23-24
€14k
-69.2%
23-24
€-7k
-
23-24
€11k
-69.7%
23-24
€69k
-23.6%
23-24
€15k
-30.8%
23-24
€-10k
-14.1%
23-24
€7k
-
23-24
€54k
-21.3%
23-24
€20k
-11.2%
23-24
€34k
-26.1%
23-24
0.50
-18.5%
23-24
0.50
-18.5%
23-24
22.2%
-9.4%
23-24
3.50
+13.8%
23-24
-44.6%
-
23-24
-9.9%
-
23-24
-13.8%
-
23-24
27.5%
-
23-24
4.86
-82.8%
23-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 |
|---|---|---|
| Deposit | micro schema | micro schema |
| Revenue | €49k | - |
| EBITDA | €14k | €44k |
| Net profit | €-7k | €22k |
| Cash flow | €11k | €36k |
| Staff costs | - | - |
| Income taxes | - | €7k |
| Dividends | - | - |
| Total assets | €69k | €90k |
| Equity | €15k | €22k |
| Debt | €54k | €68k |
| of which ≤ 1y | €20k | €22k |
| of which > 1y | €34k | €46k |
| Working capital | €-10k | €-9k |
| Employees (FTE) | - | - |
Ratios (computed)
| 2024 | 2023 | |
|---|---|---|
| Current ratio | 0.50 | 0.61 |
| Quick ratio | 0.50 | 0.61 |
| Working capital ratio | -14.4% | -9.6% |
| Solvency | 22.2% | 24.5% |
| Debt / equity | 3.50 | 3.07 |
| Long-term debt ratio | 2.22 | 2.07 |
| Interest coverage | 4.86 | 28.31 |
| Gross margin | 28.9% | - |
| Net margin | -13.8% | - |
| ROA | -9.9% | 24.5% |
| ROE | -44.6% | 100.0% |
| EBITDA margin | 27.5% | - |
| Days sales outstanding | 1d | - |
| Days payable outstanding | 6d | 6d |
| Inventory turnover | - | - |
| Days inventory (DSI) | - | - |
Balance-sheet composition 2024
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 |
|---|---|---|---|
| Balance sheet, Assets | |||
| TOTAL ASSETS | 20/58 | €69k | €90k |
| Fixed assets | 21/28 | €59k | €77k |
| Tangible fixed assets | 22/27 | €59k | €77k |
| Current assets | 29/58 | €10k | €13k |
| Amounts receivable within one year | 40/41 | €342 | €9k |
| Cash & bank | 54/58 | €9k | €4k |
| Balance sheet, Equity & liabilities | |||
| TOTAL EQUITY & LIABILITIES | 10/49 | €69k | €90k |
| Equity | 10/15 | €15k | €22k |
| Accumulated profits (losses) | 14 | €15k | €22k |
| Amounts payable | 17/49 | €54k | €68k |
| Amounts payable after one year | 17 | €34k | €46k |
| Amounts payable within one year | 42/48 | €20k | €22k |
| Trade debts payable within one year | 44 | €541 | €1k |
| Income statement | |||
| Turnover | 70 | €49k | - |
| Gross operating margin | 9900 | €14k | €47k |
| Operating result | 9901 | €-4k | €31k |
| Financial income | 75 | - | €0 |
| Financial charges | 65 | €3k | €2k |
| Result before taxes | 9903 | €-7k | €29k |
| Income taxes | 67/77 | - | €7k |
| Net result for the period | 9904 | €-7k | €22k |
| Result to be appropriated | 9905 | €-7k | €22k |
Legal Structure
| NACE primary | Warehousing and support activities for transportation(52260) |
| Legal form | Private limited company(610) |
| Incorporation | 14-09-2022 |
| Status | Active |
| Postal code | 1600 |
Establishment units
ML FULL SERVICES
since 20222.338.673.958
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0661/00V000 | Flanders | 6,174 m² | 1 · 143 m² | 7.0 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
NBB filing
Belgian State Gazette reading coverage
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.
Credit advice
Company registry (CBE)
Activities
Warehousing and support activities for transportation52260
Names & trade names
| Legal nameNL | ML FULL SERVICES |
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