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MP SERVICES

Active Risk: very low
Limited partnershipfounded 2013active for 12 yearsBunderbeeklaan 22, 2950 Kapellen, BelgiumKBO/BCE: BE 0542.590.185
Summary

MP SERVICES has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2016 annual accounts show equity of €132,179 and a net result of €14,472. Equity is growing by about 26% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2016, micro format

2017 annual accounts not yet filed, deadline passed on 31 July 2018 Financial year closed on 31 December 2017; filing due at the latest 7 months after the close (Companies Code art. 3:10). 9 financial years without a filing since the last one filed. Source: NBB filings, as of 25 October 2026.

Equity
€132,179▲ 12.3%
2015 · €117,707
Total assets
€148,365▼ 15.0%
2015 · €174,513
Net result
€14,472▼ 68.5%
2015 · €45,982
Working capital
€104,703▲ 36.1%
2015 · €76,941
Trend over the years

2014 to 2016, 3 financial years

The operating result has fallen two years in a row; 2016 is 64% below 2015 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€25,646 2016 Net result€14,472 2016

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line201420152016
Operating result€81,627-€71,670▼ 12.2%€25,646▼ 64.2%
Net result€53,125-€45,982▼ 13.4%€14,472▼ 68.5%
Equity€71,725-€117,707▲ 64.1%€132,179▲ 12.3%
Total assets€111,525-€174,513▲ 56.5%€148,365▼ 15.0%
Debt€39,800-€56,806▲ 42.7%€16,185▼ 71.5%
Working capital€71,725-€76,941▲ 7.3%€104,703▲ 36.1%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €148,365
Fixed assets €27,477 ▼ 32.6%
Current assets €120,888 ▼ 9.6%
Equity and liabilities €148,365
Equity €132,179 ▲ 12.3%
Debt €16,185 ▼ 71.5%
Debt's share of the balance-sheet total falls from 32.6% to 10.9%. Equity is higher and debt is lower.
Key figures and ratios
2016 value · change against 2015
EBITDA
€39,785▼
2015 · €85,384
Cash flow
€28,611▼
2015 · €59,696
Current ratio
7.47▲
2015 · 2.35
ROE
10.9%▼
2015 · 39.1%
ROA
9.8%▼
2015 · 26.3%
Debt ≤ 1 year
€16,185▼
2015 · €56,806
Income taxes
€10,825▼
2015 · €25,682
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2016 against 2015 · 22 lines
Balance sheet Code20152016
Assets
Total assets20/58€174,513€148,365▼
Fixed assets21/28€40,766€27,477▼
Tangible fixed assets22/27€40,766€27,477▼
Current assets29/58€133,747€120,888▼
Amounts receivable within one year40/41€47,902€6,898▼
Cash at bank and in hand54/58€85,845€113,990▲
Equity and liabilities
Total equity and liabilities10/49€174,513€148,365▼
Equity10/15€117,707€132,179▲
Contributions10/11€18,600€18,600=
Reserves13€99,107€113,579▲
Amounts payable17/49€56,806€16,185▼
Amounts payable within one year42/48€56,806€16,185▼
Trade debts44€17,416€12▼
Income statement Code20152016
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,714€14,139▲
Gross operating margin9900€85,477€40,033▼
Operating profit (loss)9901€71,670€25,646▼
Recurring financial income75€0€0▲
Recurring financial charges65€6€349▲
Profit (loss) for the period before taxes9903€71,664€25,297▼
Income taxes67/77€25,682€10,825▼
Profit (loss) for the period9904€45,982€14,472▼
Profit (loss) for the period to be appropriated9905€45,982€14,472▼
Line201420152016Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€13,714€14,139▲ 3.1%
Gross operating margin9900€81,720€85,477€40,033▼ 53.2%
Operating profit (loss)9901€81,627€71,670€25,646▼ 64.2%
Recurring financial income75€60€0€0▲ 33.3%
Recurring financial charges65€35€6€349▲ 58×
Profit (loss) for the period before taxes9903€81,652€71,664€25,297▼ 64.7%
Income taxes67/77€28,527€25,682€10,825▼ 57.9%
Profit (loss) for the period9904€53,125€45,982€14,472▼ 68.5%
Profit (loss) for the period to be appropriated9905€53,125€45,982€14,472▼ 68.5%
Line201420152016Change
Assets
Total assets20/58€111,525€174,513€148,365▼ 15.0%
Fixed assets21/28-€40,766€27,477▼ 32.6%
Tangible fixed assets22/27-€40,766€27,477▼ 32.6%
Current assets29/58€111,525€133,747€120,888▼ 9.6%
Amounts receivable within one year40/41-€47,902€6,898▼ 85.6%
Cash at bank and in hand54/58€111,525€85,845€113,990▲ 32.8%
Equity and liabilities
Total equity and liabilities10/49€111,525€174,513€148,365▼ 15.0%
Equity10/15€71,725€117,707€132,179▲ 12.3%
Contributions10/11€18,600€18,600€18,600=
Reserves13€53,125€99,107€113,579▲ 14.6%
Amounts payable17/49€39,800€56,806€16,185▼ 71.5%
Amounts payable within one year42/48€39,800€56,806€16,185▼ 71.5%
Trade debts44€224€17,416€12▼ 99.9%
Line201420152016Change
Profit (loss) for the period9904€53,125€45,982€14,472▼ 68.5%
+ Depreciation and write-downs630-€13,714€14,139▲ 3.1%
Operating cash flow (approximation)€53,125€59,696€28,611▼ 52.1%
Investment in fixed assets (approximation)---€850-
Change in cash--€25,680€28,146-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2016 micro format 27-06-2017 2017-21800276
31-12-2015 abbreviated format 21-06-2016 2016-20600012
31-12-2014 abbreviated format 22-06-2015 2015-19500160

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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.