MPS GROUP
ActiveThe computed 12-month bankruptcy probability of MPS GROUP is 2.2% (moderate). The 2024 annual accounts show equity of €15k and a net result of €27k. Equity is growing by ~37.5% per year across the filed fiscal years. Its solvency ranks better than 49% of 18939 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▲+1
Solvency53▲+7
Growth85=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.09 in 2023; short-term debt: 71.9% and cash: 0.4% of total assets), and 71.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
28.1%
Return on assets
49%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
8 d late
2022
29 d late
2021
25 d late
2020
58 d late
2019
78 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€310k▲ 12.1%
2023 · €276k
2022: €197k
2023: €276k
2022 → 2024
EBIT margin
11.0%▲ 0.8pp
2023 · 10.2%
2022: -3.0%
2023: 10.2%
2022 → 2024
Net result
€27k▲ 22.5%
2023 · €22k
2018: €-22k
2019: €-8k
2020: €44k
2021: €65k
2022: €-9k
2023: €22k
2018 → 2024
Working capital
€7k▲ 58.8%
2023 · €5k
2018: €-46k
2019: €-47k
2020: €-17k
2021: €13k
2022: €10k
2023: €5k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€197k€276k▲ 40.5%€310k▲ 12.1%
Equity€4-€25k▲ 594,569%€16k▼ 36.6%€14k▼ 13.7%€15k▲ 13.0%
Operating result€49k-€74k▲ 49.7%€-6k€28k€34k▲ 21.0%
Net result€44k-€65k▲ 46.1%€-9k€22k€27k▲ 22.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 21% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €55k
Fixed assets
€8k▼ 9.7%
Current assets
€46k▼ 17.7%
Equity and liabilities €55k
Equity
€15k▲ 13.0%
Debt
€39k▼ 24.3%
The debt ratio falls from 79.2% to 71.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35k▲
2023 · €29k
Cash flow
€28k▲
2023 · €23k
Solvency
28.1%▲
2023 · 20.8%
Current ratio
1.18▲
2023 · 1.09
Quick ratio
1.13▲
2023 · 1.04
Debt / equity
2.55▼
2023 · 3.81
ROE
174.0%▲
2023 · 160.5%
ROA
49.0%▲
2023 · 33.4%
Interest coverage
118.30▲
2023 · 24.54
Debt
€39k▼
2023 · €52k
Debt ≤ 1 year
€39k▼
2023 · €52k
Income taxes
€7k▲
2023 · €5k
Staff costs
€45k▼
2023 · €57k
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€66k€55k▼
Fixed assets21/28€9k€8k▼
Tangible fixed assets22/27€5k€4k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€168-
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€5k€5k=
Current assets29/58€56k€46k▼
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€51k€43k▼
Other amounts receivable41€51k€43k▼
Cash at bank and in hand54/58€558€213▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€66k€55k▼
Equity10/15€14k€15k▲
Contributions10/11€6k€6k=
Reserves13€7k€9k▲
Distributable reserves133€7k€9k▲
Amounts payable17/49€52k€39k▼
Amounts payable within one year42/48€52k€39k▼
Trade debts44€8k€5k▼
Suppliers440/4€8k€5k▼
Taxes, remuneration and social security45€20k€10k▼
Taxes450/3€12k€10k▼
Remuneration and social security454/9€8k-
Other amounts payable47/48€24k€25k▲
Income statement
Code20232024
Turnover70€276k€310k▲
Goods, raw materials, services and sundry goods60/61€195k€241k▲
Remuneration, social security and pensions62€57k€45k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€932€886▼
Other operating charges640/8€7k€6k▼
Gross operating margin9900€94k€86k▼
Operating profit (loss)9901€28k€34k▲
Financial charges65/66B€1k€296▼
Recurring financial charges65€1k€296▼
Profit (loss) for the period before taxes9903€27k€34k▲
Income taxes67/77€5k€7k▲
Profit (loss) for the period9904€22k€27k▲
Profit (loss) for the period to be appropriated9905€22k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€27k▲
Profit (loss) brought forward from the previous period14P€-9k-
Transfer from equity791/2€11k-
Transfer to equity691/2-€2k
To other reserves6921-€2k
Profit to be distributed694/7€24k€25k▲
Directors or managers695€24k€25k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Highest result since 2018net €65k ▲46.1%
Operating result €74k, net result €65k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.20
Current ratio from 0.59 to 1.20.
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
2020
31-12
Financial
Back to profitnet €44k
Net result €44k after 2 loss-making years.
17-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 78 days late
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 396 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
02-08-2024
SINGH Mohinder: Resigned as Director
02-05-2024
SINGH Tarsem: Resigned as Director
Location & real-estate footprint
Registered office, La Hulpe · 1 establishment unit since 2026
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.
Rue des Combattants 891310 La HulpeGround area
784 m²
Building footprint
200 m²
Volume, LiDAR
1,347 m³
2 parcels, Wallonia · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Dolce Vita
since 20262.359.001.792
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25076G0070/00G002 | Wallonia | 486 m² | 1 · 130 m² | 13.1 m · 3 fl. |
| 25050B0269/00E000 | Wallonia | 297 m² | 1 · 70 m² | - |
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.
Statutory auditor
1 auditor| SINGH PUSHPINDER Statutory auditor | - → 01-06-2018 |
Recognitions · licences · registrations
Food safety, FASFC
1 siteLasne2.359.001.792
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Of 20,494 companies in sector 56111 we hold annual accounts for 11,455. 8,224 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-12-2017
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.