ML SUPPORT
ML SUPPORT has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.47M and a net result of €589k. Equity is growing by ~41.2% per year across the filed fiscal years. Its solvency ranks better than 86% of 2199 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €4.47M |
| Net result | €589k |
| Better than sector | 86% |
| Active | 36 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 75.2% | 27.8% | |
| Net result | €589k | €4k | |
| Equity | €4.47M | €30k | |
| Gross operating margin | €1.13M | €35k | |
| Staff costs | €64k | €35k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €1.06M | €2.58M | €403k | €303k |
| Net profit | €589k | €2.26M | €218k | €40k |
| Cash flow | €800k | €2.38M | €295k | €272k |
| Staff costs | €64k | €25k | €23k | €26k |
| Income taxes | €230k | €142k | €16k | €16k |
| Dividends | - | - | - | - |
| Total assets | €5.95M | €5.34M | €3.35M | €3.06M |
| Equity | €4.47M | €3.88M | €1.62M | €1.40M |
| Debt | €994k | €952k | €1.67M | €1.66M |
| of which ≤ 1y | €946k | €644k | €289k | €138k |
| of which > 1y | €2k | €248k | €1.36M | €1.51M |
| Working capital | €-811k | €279k | €-265k | €-72k |
| Employees (FTE) | - | 2.9 | 4.5 | 5.0 |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 0.14 | 1.43 | 0.08 | 0.48 |
| Quick ratio | 0.14 | 1.43 | 0.08 | 0.48 |
| Working capital ratio | -13.6% | 5.2% | -7.9% | -2.3% |
| Solvency | 75.2% | 72.7% | 48.4% | 45.8% |
| Debt / equity | 0.22 | 0.25 | 1.03 | 1.19 |
| Long-term debt ratio | 0.00 | 0.06 | 0.84 | 1.08 |
| Interest coverage | 20.30 | 23.18 | 12.24 | 23.92 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 9.9% | 42.4% | 6.5% | 1.3% |
| ROE | 13.2% | 58.3% | 13.5% | 2.9% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €5.95M | €5.34M | €3.35M | €3.06M |
| Fixed assets | 21/28 | €5.82M | €4.42M | €3.32M | €2.99M |
| Tangible fixed assets | 22/27 | €5.81M | €4.42M | €3.32M | €2.99M |
| Financial fixed assets | 28 | €3k | €3k | €3k | €3k |
| Current assets | 29/58 | €135k | €922k | €24k | €67k |
| Amounts receivable within one year | 40/41 | €109k | €147k | €21k | €55k |
| Investments | 50/53 | - | - | - | €8k |
| Cash & bank | 54/58 | €22k | €774k | €246 | - |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €5.95M | €5.34M | €3.35M | €3.06M |
| Equity | 10/15 | €4.47M | €3.88M | €1.62M | €1.40M |
| Contributions / capital | 10/11 | €594k | €594k | €594k | €594k |
| Reserves | 13 | €1.49M | €1.56M | €215k | €38k |
| Accumulated profits (losses) | 14 | €2.39M | €1.72M | €810k | €769k |
| Provisions & deferred taxes | 16 | €485k | €509k | €59k | - |
| Amounts payable | 17/49 | €994k | €952k | €1.67M | €1.66M |
| Amounts payable after one year | 17 | €2k | €248k | €1.36M | €1.51M |
| Amounts payable within one year | 42/48 | €946k | €644k | €289k | €138k |
| Trade debts payable within one year | 44 | €69k | €231k | €128k | €3k |
| Income statement | |||||
| Gross operating margin | 9900 | €1.13M | €2.61M | €563k | €338k |
| Operating result | 9901 | €847k | €2.46M | €327k | €71k |
| Financial income | 75 | €958 | €2k | €3 | €114 |
| Financial charges | 65 | €52k | €111k | €33k | €13k |
| Result before taxes | 9903 | €795k | €2.86M | €294k | €56k |
| Income taxes | 67/77 | €230k | €142k | €16k | €16k |
| Net result for the period | 9904 | €589k | €2.26M | €218k | €40k |
| Result to be appropriated | 9905 | €662k | €915k | €41k | €40k |
| NACE primary | Operation of sports facilities(93110) |
| Legal form | Private limited company(610) |
| Incorporation | 02-03-1990 |
| Status | Active |
| Postal code | 9772 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45053B0561/00F000 | Flanders | 1.8 ha | 1 · 238 m² | 6.7 m · 1 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
30-04-2024 Registered office moved from Sint-Martens-Latem to Wannegem-Lede
- Mortelstraat 19, 9831 Sint-Martens-Latem → Ledekerkweg 2, 9772 Wannegem-Lede
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Ledekerkweg 2, 9772 Wannegem-Lede",
"city": "Wannegem-Lede",
"region": "vlaams_gewest",
"street": "Ledekerkweg",
"country": "BE",
"postcode": "9772",
"box_number": null,
"street_number": "2",
"locality_suffix": null
},
"old_address": {
"raw": "Mortelstraat 19, 9831 Sint-Martens-Latem",
"city": "Sint-Martens-Latem",
"region": "vlaams_gewest",
"street": "Mortelstraat",
"country": "BE",
"postcode": "9831",
"box_number": null,
"street_number": "19",
"locality_suffix": null
},
"effective_date": "2024-04-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-04-30",
"filing_date": "2024-04-18",
"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2024-03-15",
"unanimous": null
},
"subject_company": {
"kbo": "0439.882.627",
"name_full": "ML SUPPORT",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Michel Louwagie",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"Bijl\u00E4gen bij het Belgisch Staatsblad"
]
}| Legal nameNL | ML SUPPORT |