M.Y.S
ActiveSummary
M.Y.S has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-33k) and a net result of €-16k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.44 against 0.32 in 2023; short-term debt: 38.3% and cash: 0.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-76.9%
Return on assets
-37.6%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-33k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
34 d early
2022
39 d early
2021
4 d early
2020
16 d early
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-33k▼ 95.6%
2023 · €-17k
2018: €-9k
2019: €10k▲ +222% vs 2018
2020: €23k▲ +116% vs 2019
2021: €25k▲ +11.5% vs 2020highest in 7 years
2022: €-4k▼ -117% vs 2021
2023: €-17k▼ -298% vs 2022
2024: €-33k▼ -95.6% vs 2023lowest in 7 years
2018 → 2024
Total assets
€43k▲ 22.1%
2023 · €35k
2018: €8klowest in 7 years
2019: €41k▲ +382% vs 2018
2020: €58k▲ +43.5% vs 2019highest in 7 years
2021: €54k▼ -8.0% vs 2020
2022: €31k▼ -41.8% vs 2021
2023: €35k▲ +13.7% vs 2022
2024: €43k▲ +22.1% vs 2023
2018 → 2024
Net result
€-16k▼ 27.6%
2023 · €-13k
2018: €-15k
2019: €19k▲ +227% vs 2018highest in 7 years
2020: €12k▼ -36.1% vs 2019
2021: €253▼ -97.9% vs 2020
2022: €-30k▼ -11789% vs 2021lowest in 7 years
2023: €-13k▲ +56.9% vs 2022
2024: €-16k▼ -27.6% vs 2023
2018 → 2024
Working capital
€-9k▲ 74.1%
2023 · €-36k
2018: €-9k
2019: €7k▲ +174% vs 2018
2020: €5k▼ -32.2% vs 2019
2021: €8k▲ +69.3% vs 2020highest in 7 years
2022: €-11k▼ -234% vs 2021
2023: €-36k▼ -240% vs 2022lowest in 7 years
2024: €-9k▲ +74.1% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€23k-€25k▲ 11.5%€-4k€-17k▼ 298%€-33k▼ 95.6%
2020: €23k
2021: €25k▲ +11.5% vs 2020highest in 5 years
2022: €-4k▼ -117% vs 2021
2023: €-17k▼ -298% vs 2022
2024: €-33k▼ -95.6% vs 2023lowest in 5 years
Operating result€21k-€7k▼ 66.9%€-29k€-11k▲ 60.7%€-22k▼ 97.5%
2020: €21khighest in 5 years
2021: €7k▼ -66.9% vs 2020
2022: €-29k▼ -507% vs 2021lowest in 5 years
2023: €-11k▲ +60.7% vs 2022
2024: €-22k▼ -97.5% vs 2023
Net result€12k-€253▼ 97.9%€-30k€-13k▲ 56.9%€-16k▼ 27.6%
2020: €12khighest in 5 years
2021: €253▼ -97.9% vs 2020
2022: €-30k▼ -11789% vs 2021lowest in 5 years
2023: €-13k▲ +56.9% vs 2022
2024: €-16k▼ -27.6% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €22k in 2024 against €11k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €43k
Fixed assets
€36k ▲ 92.0%
Current assets
€7k ▼ 56.3%
Key figures and ratios
EBITDA
€-14k▼
2023 · €-8k
Cash flow
€-8k▲
2023 · €-10k
Solvency
-76.9%▼
2023 · -48.0%
Current ratio
0.44▲
2023 · 0.32
Debt to equity
-2.30▲
2023 · -3.08
ROA
-37.6%▼
2023 · -36.0%
Interest coverage
-270.92▼
2023 · -6.67
Debt
€77k▲
2023 · €52k
Debt ≤ 1 year
€17k▼
2023 · €52k
Debt > 1 year
€60k
Income taxes
€159▼
2023 · €209
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€35k€43k▲
Fixed assets21/28€19k€36k▲
Tangible fixed assets22/27€19k€36k▲
Plant, machinery and equipment23€2k€5k▲
Furniture and vehicles24€17k€31k▲
Current assets29/58€17k€7k▼
Amounts receivable within one year40/41€14k€6k▼
Trade receivables40€14k€6k▼
Cash at bank and in hand54/58€2k€74▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€35k€43k▲
Equity10/15€-17k€-33k▼
Contributions10/11€19k€19k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-42k€-58k▼
Amounts payable17/49€52k€77k▲
Amounts payable after more than one year17-€60k
Financial debts170/4-€60k
Amounts payable within one year42/48€52k€17k▼
Trade debts44€18k€5k▼
Suppliers440/4€18k€5k▼
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€30k€8k▼
Income statement
Code20232024
Non-recurring operating income76A-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€8k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€-6k€-13k▼
Operating profit (loss)9901€-11k€-22k▼
Financial income75/76B-€6k
Recurring financial income75-€6k
Financial charges65/66B€1k€51▼
Recurring financial charges65€1k€51▼
Profit (loss) for the period before taxes9903€-13k€-16k▼
Income taxes67/77€209€159▼
Profit (loss) for the period9904€-13k€-16k▼
Profit (loss) for the period to be appropriated9905€-13k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-42k€-58k▼
Profit (loss) brought forward from the previous period14P€-29k€-42k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €7k | €4k | €3k | €8k | ▲ 203% |
| Other operating charges640/8 | - | €1k | €1k | €2k | €1k | ▼ 49.2% |
| Non-recurring operating charges66A | - | €2k | €17k | - | - | - |
| Gross operating margin9900 | €26k | €17k | €-6k | €-6k | €-13k | ▼ 102% |
| Operating profit (loss)9901 | €21k | €7k | €-29k | €-11k | €-22k | ▼ 97.5% |
| Financial income75/76B | - | €289 | €457 | - | €6k | - |
| Recurring financial income75 | - | €289 | €457 | - | €6k | - |
| Financial charges65/66B | - | €115 | €321 | €1k | €51 | ▼ 96.0% |
| Recurring financial charges65 | €305 | €115 | €321 | €1k | €51 | ▼ 96.0% |
| Profit (loss) for the period before taxes9903 | €21k | €7k | €-29k | €-13k | €-16k | ▼ 28.5% |
| Income taxes67/77 | €9k | €7k | €1k | €209 | €159 | ▼ 23.9% |
| Profit (loss) for the period9904 | €12k | €253 | €-30k | €-13k | €-16k | ▼ 27.6% |
| Profit (loss) for the period to be appropriated9905 | €12k | €253 | €-30k | €-13k | €-16k | ▼ 27.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €58k | €54k | €31k | €35k | €43k | ▲ 22.1% |
| Fixed assets21/28 | €18k | €17k | €6k | €19k | €36k | ▲ 92.0% |
| Tangible fixed assets22/27 | €18k | €17k | €6k | €19k | €36k | ▲ 92.0% |
| Plant, machinery and equipment23 | - | €3k | €1k | €2k | €5k | ▲ 149% |
| Furniture and vehicles24 | - | €14k | €5k | €17k | €31k | ▲ 84.7% |
| Current assets29/58 | €40k | €36k | €25k | €17k | €7k | ▼ 56.3% |
| Amounts receivable within one year40/41 | €23k | €31k | €23k | €14k | €6k | ▼ 55.8% |
| Trade receivables40 | - | €21k | €23k | €14k | €6k | ▼ 55.8% |
| Other amounts receivable41 | - | €10k | - | - | - | - |
| Cash at bank and in hand54/58 | €17k | €4k | €287 | €2k | €74 | ▼ 96.1% |
| Deferred charges and accrued income490/1 | - | €1k | €1k | €1k | €1k | ▲ 7.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €58k | €54k | €31k | €35k | €43k | ▲ 22.1% |
| Equity10/15 | €23k | €25k | €-4k | €-17k | €-33k | ▼ 95.6% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €6k | €7k | €6k | €6k | €6k | = |
| Distributable reserves133 | - | €7k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €-25k | - | €-29k | €-42k | €-58k | ▼ 38.7% |
| Amounts payable17/49 | €36k | €28k | €35k | €52k | €77k | ▲ 46.0% |
| Amounts payable after more than one year17 | - | - | - | - | €60k | - |
| Financial debts170/4 | - | - | - | - | €60k | - |
| Amounts payable within one year42/48 | €36k | €28k | €35k | €52k | €17k | ▼ 68.4% |
| Trade debts44 | €15k | €23k | €24k | €18k | €5k | ▼ 71.8% |
| Suppliers440/4 | - | €23k | €24k | €18k | €5k | ▼ 71.8% |
| Taxes, remuneration and social security45 | - | €5k | €5k | €4k | €3k | ▼ 16.9% |
| Taxes450/3 | - | €5k | €5k | €4k | €3k | ▼ 16.9% |
| Other amounts payable47/48 | - | - | €7k | €30k | €8k | ▼ 73.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12k | €253 | €-30k | €-13k | €-16k | ▼ 27.6% |
| + Depreciation and write-downs630 | €3k | €7k | €4k | €3k | €8k | ▲ 203% |
| Operating cash flow (approximation) | €15k | €7k | €-26k | €-10k | €-8k | ▲ 21.7% |
| Investment in fixed assets (approximation) | - | €-6k | €7k | €-15k | €-26k | ▼ 68.2% |
| Change in cash | - | €-12k | €-4k | €2k | €-2k | ▼ 213% |
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
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
15-04
State Gazette act
General meeting · Name change
Share issue · Share transfer
2020
02-09
State Gazette act
General meeting · Statutes amendment
Corporate purpose · Capital
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.23
Current ratio from 0.46 to 1.23.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
2 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, Ronse · 1 establishment unit since 2017
Ground area
7,494 m²
Building footprint
126 m²
Volume, LiDAR
989 m³
Parcel 45041B0409/00G000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
M.Y.S
since 20172.260.554.217
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45041B0409/00G000 | Flanders | 7,494 m² | 1 · 126 m² | 11.4 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.
Structure & network
Connections & network
1 connected companyLinked via shared directors
Shared director
→
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,650 EUR awarded · 1,650 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,650 EUR | 1,650 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,497 companies in sector 82990 we hold annual accounts for 9,406. 6,151 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
Founded02-01-2017
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.