MPLS
ActiveSummary
MPLS has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €50,373 and a net result of €19,412. Equity is growing by ~72.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+22
Solvency100=
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 4.49 against 4.13 in 2023; short-term debt: 18.5% and cash: 79.6% of total assets), and 18.5% of the assets are financed with debt.
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Signals
Three 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
39 d early
2024
38 d early
2023
37 d early
2022
35 d early
2021
41 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2024, micro schema
Equity
€50,373▲ 62.7%
2023 · €30,961
Total assets
€61,829▲ 53.1%
2023 · €40,373
Net result
€19,412▲ 572%
2023 · €2,891
Working capital
€39,986▲ 35.8%
2023 · €29,450
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€9,007-€30,103▲ 234%€7,596▼ 74.8%€27,714▲ 265%
Net result€6,169below the sector's middle half-€19,901within the sector's middle half▲ 223%€2,891below the sector's middle half▼ 85.5%€19,412within the sector's middle half▲ 572%
Equity€8,169below the sector's middle half-€28,070below the sector's middle half▲ 244%€30,961below the sector's middle half▲ 10.3%€50,373within the sector's middle half▲ 62.7%
Total assets€16,072below the sector's middle half-€41,805below the sector's middle half▲ 160%€40,373below the sector's middle half▼ 3.4%€61,829below the sector's middle half▲ 53.1%
Debt€7,902-€13,735▲ 73.8%€9,412▼ 31.5%€11,456▲ 21.7%
Working capital€8,169below the sector's middle half-€28,070within the sector's middle half▲ 244%€29,450within the sector's middle half▲ 4.9%€39,986within the sector's middle half▲ 35.8%
Solvency50.8%within the sector's middle half-67.1%within the sector's middle half▲ 16.3pp76.7%within the sector's middle half▲ 9.5pp81.5%above the sector's middle half▲ 4.8pp
Current ratio2.03within the sector's middle half-3.04within the sector's middle half▲ 1.014.13within the sector's middle half▲ 1.094.49within the sector's middle half▲ 0.36
Return on assets (ROA)38.4%above the sector's middle half-47.6%above the sector's middle half▲ 9.2pp7.2%within the sector's middle half▼ 40.4pp31.4%within the sector's middle half▲ 24.2pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 265% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €61,829
Fixed assets
€10,387 ▲ 587%
Current assets
€51,443 ▲ 32.4%
Equity and liabilities €61,829
Equity
€50,373 ▲ 62.7%
Debt
€11,456 ▲ 21.7%
Debt's share of the balance-sheet total falls from 23.3% to 18.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29,927▲
2023 · €7,736
Cash flow
€21,625▲
2023 · €3,030
Debt to equity
0.23▼
2023 · 0.30
ROE
38.5%▲
2023 · 9.3%
Interest coverage
59.26▲
2023 · 16.63
Debt ≤ 1 year
€11,456▲
2023 · €9,412
Income taxes
€7,797▲
2023 · €4,242
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 26,975 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
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €139 | €2,213 | ▲ 1,489% |
| Other operating charges640/8 | - | €515 | €1,716 | €1,462 | ▼ 14.8% |
| Gross operating margin9900 | €9,007 | €30,618 | €9,452 | €31,389 | ▲ 232% |
| Operating profit (loss)9901 | €9,007 | €30,103 | €7,596 | €27,714 | ▲ 265% |
| Financial income75/76B | - | - | €1 | - | - |
| Recurring financial income75 | - | - | €1 | - | - |
| Financial charges65/66B | €15 | €264 | €465 | €505 | ▲ 8.6% |
| Recurring financial charges65 | €15 | €264 | €465 | €505 | ▲ 8.6% |
| Profit (loss) for the period before taxes9903 | €8,992 | €29,838 | €7,133 | €27,209 | ▲ 281% |
| Income taxes67/77 | €2,822 | €9,938 | €4,242 | €7,797 | ▲ 83.8% |
| Profit (loss) for the period9904 | €6,169 | €19,901 | €2,891 | €19,412 | ▲ 572% |
| Profit (loss) for the period to be appropriated9905 | €6,169 | €19,901 | €2,891 | €19,412 | ▲ 572% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €16,072 | €41,805 | €40,373 | €61,829 | ▲ 53.1% |
| Fixed assets21/28 | - | - | €1,511 | €10,387 | ▲ 587% |
| Tangible fixed assets22/27 | - | - | €1,511 | €10,387 | ▲ 587% |
| Furniture and vehicles24 | - | - | €1,511 | €10,387 | ▲ 587% |
| Current assets29/58 | €16,072 | €41,805 | €38,862 | €51,443 | ▲ 32.4% |
| Amounts receivable within one year40/41 | - | €18,070 | €1,777 | €2,203 | ▲ 24.0% |
| Trade receivables40 | - | €18,000 | - | - | - |
| Other amounts receivable41 | - | €70 | €1,777 | €2,203 | ▲ 24.0% |
| Cash at bank and in hand54/58 | €16,072 | €22,872 | €33,006 | €49,189 | ▲ 49.0% |
| Deferred charges and accrued income490/1 | - | €863 | €4,079 | €51 | ▼ 98.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €16,072 | €41,805 | €40,373 | €61,829 | ▲ 53.1% |
| Equity10/15 | €8,169 | €28,070 | €30,961 | €50,373 | ▲ 62.7% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €6,169 | €26,070 | €28,961 | €48,373 | ▲ 67.0% |
| Distributable reserves133 | €6,169 | €26,070 | €28,961 | €48,373 | ▲ 67.0% |
| Amounts payable17/49 | €7,902 | €13,735 | €9,412 | €11,456 | ▲ 21.7% |
| Amounts payable within one year42/48 | €7,902 | €13,735 | €9,412 | €11,456 | ▲ 21.7% |
| Financial debts43 | - | €3,349 | €3,412 | €2,051 | ▼ 39.9% |
| Credit institutions430/8 | - | €3,349 | €3,412 | €2,051 | ▼ 39.9% |
| Trade debts44 | €97 | €2,963 | €1,448 | €2,873 | ▲ 98.4% |
| Suppliers440/4 | €97 | €2,963 | €1,448 | €2,873 | ▲ 98.4% |
| Taxes, remuneration and social security45 | €7,689 | €6,996 | €4,280 | €5,943 | ▲ 38.9% |
| Taxes450/3 | €7,689 | €6,996 | €4,280 | €5,943 | ▲ 38.9% |
| Other amounts payable47/48 | €116 | €428 | €271 | €588 | ▲ 117% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,169 | €19,901 | €2,891 | €19,412 | ▲ 572% |
| + Depreciation and write-downs630 | - | - | €139 | €2,213 | ▲ 1,489% |
| Operating cash flow (approximation) | €6,169 | €19,901 | €3,030 | €21,625 | ▲ 614% |
| Investment in fixed assets (approximation) | - | - | - | -€11,088 | - |
| Change in cash | - | €6,800 | €10,134 | €16,183 | ▲ 59.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €2,891 ▼85.5%
Net result drops to €2,891, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €19,901 ▲223%
Operating result €30,103, net result €19,901, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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Directors · office · real estate
Directors
3 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, Edegem · 1 establishment unit since 2021
Ground area
177 m²
Building footprint
76 m²
Volume, LiDAR
514 m³
Parcel 11013A0280/00G003, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
MPLS
since 20212.323.716.063
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11013A0280/00G003 | Flanders | 177 m² | 1 · 76 m² | 10.4 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.
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Of 22,076 companies in sector 69101 we hold annual accounts for 9,061. 7,227 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0774551829
Also
9925:BE0774551829
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.