ML Service
ActiveML Service has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €96k and a net result of €7k. Equity is growing by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 46% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-2
Solvency52▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.21 against 0.21 in 2023; short-term debt: 26.7% and cash: 1.5% of total assets), and 73.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
26.6%
Return on assets
1.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-07-2025, 17 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
17 d early
2023
44 d early
2022
24 d early
2021
26 d early
2020
32 d early
2019
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€96k▲ 7.4%
2023 · €89k
2018: €8k
2019: €42k
2020: €62k
2021: €72k
2022: €78k
2023: €89k
2018 → 2024
Total assets
€360k▼ 3.7%
2023 · €374k
2018: €263k
2019: €353k
2020: €353k
2021: €321k
2022: €392k
2023: €374k
2018 → 2024
Net result
€7k▼ 42.7%
2023 · €12k
2018: €1k
2019: €24k
2020: €19k
2021: €10k
2022: €6k
2023: €12k
2018 → 2024
Working capital
€-76k▼ 13.4%
2023 · €-67k
2018: €-2k
2019: €-15k
2020: €-15k
2021: €-27k
2022: €-38k
2023: €-67k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€62k-€72k▲ 16.3%€78k▲ 8.3%€89k▲ 14.9%€96k▲ 7.4%
Operating result€31k-€18k▼ 40.4%€12k▼ 36.8%€24k▲ 104%€16k▼ 31.4%
Net result€19k-€10k▼ 47.6%€6k▼ 41.1%€12k▲ 95.0%€7k▼ 42.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 31% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €360k
Fixed assets
€340k▼ 4.6%
Current assets
€20k▲ 14.9%
Equity and liabilities €360k
Equity
€96k▲ 7.4%
Debt
€264k▼ 7.1%
The debt ratio falls from 76.2% to 73.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36k▼
2023 · €43k
Cash flow
€26k▼
2023 · €31k
Solvency
26.6%▲
2023 · 23.8%
Current ratio
0.21▲
2023 · 0.21
Quick ratio
0.16▼
2023 · 0.21
Debt / equity
2.76▼
2023 · 3.20
ROE
6.9%▼
2023 · 12.9%
ROA
1.8%▼
2023 · 3.1%
Interest coverage
6.16▼
2023 · 6.96
Debt
€264k▼
2023 · €285k
Debt ≤ 1 year
€96k▲
2023 · €85k
Debt > 1 year
€168k▼
2023 · €200k
Income taxes
€4k▼
2023 · €6k
Staff costs
€63k▲
2023 · €62k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€374k€360k▼
Fixed assets21/28€356k€340k▼
Tangible fixed assets22/27€266k€250k▼
Land and buildings22€188k€181k▼
Plant, machinery and equipment23€42k€39k▼
Furniture and vehicles24€36k€30k▼
Financial fixed assets28€90k€90k=
Current assets29/58€17k€20k▲
Stocks and contracts in progress3-€4k
Contracts in progress37-€4k
Amounts receivable within one year40/41€2k€10k▲
Trade receivables40€2k€10k▲
Other amounts receivable41€6-
Cash at bank and in hand54/58€15k€5k▼
Deferred charges and accrued income490/1€503€569▲
Equity and liabilities
Total equity and liabilities10/49€374k€360k▼
Equity10/15€89k€96k▲
Contributions10/11€6k€6k=
Revaluation surpluses12€11k€11k=
Reserves13€70k€75k▲
Distributable reserves133€70k€75k▲
Profit (loss) carried forward14€2k€4k▲
Amounts payable17/49€285k€264k▼
Amounts payable after more than one year17€200k€168k▼
Financial debts170/4€200k€168k▼
Amounts payable within one year42/48€85k€96k▲
Current portion of amounts payable after more than one year42€44k€32k▼
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Advances received on contracts in progress46-€19k
Taxes, remuneration and social security45€29k€30k▲
Taxes450/3€15k€17k▲
Remuneration and social security454/9€14k€13k▼
Other amounts payable47/48€10k€9k▼
Income statement
Code20232024
Remuneration, social security and pensions62€62k€63k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€20k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€108k€101k▼
Operating profit (loss)9901€24k€16k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€17k€10k▼
Income taxes67/77€6k€4k▼
Profit (loss) for the period9904€12k€7k▼
Profit (loss) for the period to be appropriated9905€12k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€9k▼
Profit (loss) brought forward from the previous period14P€4k€2k▼
Transfer to equity691/2€13k€5k▼
To other reserves6921€13k€5k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €24k ▲1522%
Operating result €39k, net result €24k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated 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 · 1 establishment unit since 2017
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.
Ieperstraat(STA) 1988840 StadenGround area
1,587 m²
Building footprint
790 m²
Volume, LiDAR
4,935 m³
2 parcels, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ML Service
since 20172.262.128.585
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36019A1263/00T002 | Flanders | 794 m² | 1 · 662 m² | 7.7 m · 2 fl. |
| 36019B1598/00N000 | Flanders | 793 m² | 1 · 128 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
Immobilière Graas Benoît
BE 0440.011.202
Chastre · Eq €96k
AMPER EN SAND
BE 0779.242.867
Hove · Eq €96k
ADW-SYNDIC-IMMO
BE 0899.029.355
Fontaine-l'Evêque · Eq €95k
AGEM VASTGOEDBEHEERDERS
BE 0425.282.345
Brugge · Eq €97k
DE SYNDIC
BE 0824.763.878
Brugge · Eq €97k
Of 3,766 companies in sector 68321 we hold annual accounts for 1,391. 984 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-02-2017
Fiscal year end31-12
Activities, NACEBEL
45204
68321Property management for co-owned buildings (syndics)
95314Bodywork repair (including spraying and painting)
45112
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.