MRY Solutions
ActiveFrom the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
MRY Solutions has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €215,209 and a net result of €14,620. Equity is growing by about 15% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
KBO- Status
- Active since 29-06-2022 Normal situation
- Legal form
- Private limited company
- Registered office
- Rue de la Belle-Jardinière 406, 4031 Liège
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.335.777.222 4031 Liège, since 29-06-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €30,680
- ▲ 17.0%
- Turnover
- ≈ €120,000
- estimated
- Profit
- €14,620
- ▼ 15.6%
- Equity
- €215,209
- ▲ 7.3%
- Total assets
- €252,428
- ▼ 0.8%
Why 89raises riskLiquidity: current ratio 6.19, cash €1,6761 of the last 3 latelowers riskSector: Human health activities (NACE 86)Figures for financial year 2025 (filed 28-07-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 86, micro): better than 82% on solvency, 16% on liquidity, 20% on profitability and 49% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 4 accounts on average 48 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 28-07-2026
- Format
- micro format
- Reference
- 2026-00340954
2022 to 2025, 4 financial years
The operating result recovers in 2025; 2025 is 35% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 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 74.5% 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 39,278 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.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,042 | €16,691 | €17,467 | €18,978 | ▲ 8.7% |
| Other operating charges640/8 | - | €383 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €132,804 | €129,936 | €26,218 | €30,680 | ▲ 17.0% |
| Operating profit (loss)9901 | €116,763 | €112,863 | €8,364 | €11,302 | ▲ 35.1% |
| Financial income75/76B | - | €5,573 | €11,434 | €11,105 | ▼ 2.9% |
| Recurring financial income75 | - | €5,573 | €11,434 | €11,105 | ▼ 2.9% |
| Financial charges65/66B | €93 | €0 | €541 | €514 | ▼ 5.1% |
| Recurring financial charges65 | €93 | €0 | €541 | €514 | ▼ 5.1% |
| Profit (loss) for the period before taxes9903 | €116,670 | €118,436 | €19,257 | €21,894 | ▲ 13.7% |
| Income taxes67/77 | €24,777 | €28,071 | €1,925 | €7,273 | ▲ 278% |
| Profit (loss) for the period9904 | €91,893 | €90,365 | €17,332 | €14,620 | ▼ 15.6% |
| Profit (loss) for the period to be appropriated9905 | €91,893 | €90,365 | €17,332 | €14,620 | ▼ 15.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €118,632 | €253,526 | €254,394 | €252,428 | ▼ 0.8% |
| Fixed assets21/28 | €66,030 | €51,412 | €40,835 | €21,857 | ▼ 46.5% |
| Intangible fixed assets21 | €64,000 | €48,000 | €32,000 | €16,000 | ▼ 50.0% |
| Tangible fixed assets22/27 | €2,030 | €3,412 | €8,835 | €5,857 | ▼ 33.7% |
| Land and buildings22 | - | - | €6,805 | €5,166 | ▼ 24.1% |
| Furniture and vehicles24 | €2,030 | €3,412 | €2,030 | €691 | ▼ 66.0% |
| Current assets29/58 | €52,601 | €202,114 | €213,559 | €230,571 | ▲ 8.0% |
| Amounts receivable within one year40/41 | €29,984 | €196,943 | €213,129 | €228,896 | ▲ 7.4% |
| Trade receivables40 | - | €13,172 | €6,769 | €6,590 | ▼ 2.6% |
| Other amounts receivable41 | €29,984 | €183,771 | €206,360 | €222,306 | ▲ 7.7% |
| Cash at bank and in hand54/58 | €22,618 | €5,171 | €430 | €1,676 | ▲ 290% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €118,632 | €253,526 | €254,394 | €252,428 | ▼ 0.8% |
| Equity10/15 | €92,893 | €183,257 | €200,589 | €215,209 | ▲ 7.3% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €91,893 | €182,257 | €199,589 | €214,209 | ▲ 7.3% |
| Amounts payable17/49 | €25,739 | €70,269 | €53,805 | €37,219 | ▼ 30.8% |
| Amounts payable within one year42/48 | €25,739 | €70,269 | €53,805 | €37,219 | ▼ 30.8% |
| Trade debts44 | €563 | €9,923 | €8,438 | €3,512 | ▼ 58.4% |
| Suppliers440/4 | €563 | €9,923 | €8,438 | €3,512 | ▼ 58.4% |
| Taxes, remuneration and social security45 | €25,176 | €60,346 | €45,367 | €33,707 | ▼ 25.7% |
| Taxes450/3 | €25,176 | €60,346 | €45,367 | €33,707 | ▼ 25.7% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €91,893 | €90,365 | €17,332 | €14,620 | ▼ 15.6% |
| + Depreciation and write-downs630 | €16,042 | €16,691 | €17,467 | €18,978 | ▲ 8.7% |
| Operating cash flow (approximation) | €107,934 | €107,055 | €34,798 | €33,599 | ▼ 3.4% |
| Investment in fixed assets (approximation) | - | -€2,072 | -€6,890 | €0 | - |
| Change in cash | - | -€17,446 | -€4,742 | €1,246 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| YASINI M'Hamed |
|
How the board is organised
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12. Pouvoir de représentation Chaque administrateur représente la société à l'égard des tiers et en justice, soit en demandant, soit…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation, personnes physiques ou morales,actionnaires ou non”
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Décision assemblée générale délibérant dans formes prévues pour modifications aux statuts, en tout temps”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Administrateurs en fonction en vertu des statuts si aucun autre désigné”
Articles of association, deed of 01-07-2022
Owners and capital
Capital and shareholders
- YASINI M'Hamed 100 shares (100%) · €1,000
- 01-07-2022 Incorporation · €1,000 · 100 shares
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Entre vifs ou pour cause de mort”
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 01-07-2022 (in French)
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
01-07
Gazette deed
IncorporationAppointment: YASINI M'Hamed (director) · Founder · Founding capital11 facts ▸
- Incorporation, “MRY Solutions” (deed in French)
- Founder, YASINI M'Hamed
- Other provision, “plan financier et responsabilité des fondateurs”, 29-06-2022 (deed in French)
- Founding capital, €1,000
- Bank account, “on omet”, 1000 (deed in French)
- Shareholding, 100
- Other provision, “attestation notariée de dépôt et adoption des statuts, Code des sociétés et des associations” (deed in French)
- Registered office clause, “4031 Liège (Angleur), Rue de la Belle Jardinière 406” (deed in French)
- Board rule, 1
- Director appointment, YASINI M'Hamed (director (not named in the articles))
- Pre-incorporation commitments, “takeover, tous engagements et obligations en résultant et toutes activités entreprises depuis le 15-06-2022 par l'un ou l'autre des comparants au nom et pour…” (deed in French)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MRY Solutions
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs,agences,ateliers,dépôts et succursales en Belgique et à l’étranger par décision de l’organe…”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 18:00
Articles of association, deed of 01-07-2022 (in French)
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62002C0499/00B000 | Wallonia | 878 m² | 1 · 226 m² | 23.3 m · 2 |