M&N GROEP
ActiveThe computed 12-month bankruptcy probability of M&N GROEP is 5.5% (elevated). The 2024 annual accounts show equity of €14k and a net result of €15k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 39% of 18939 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability92▲+92
Solvency41▲+18
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
5.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.81 against 0.75 in 2023; short-term debt: 83.5% and cash: 0.8% of total assets), and 83.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · 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
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
16.5%
Return on assets
18.7%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-11-2025, 122 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
122 d late
2023
58 d late
2022
29 d late
2021
88 d late
2020
26 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€14k
2023 · €-2k
2020: €10k
2021: €15k
2022: €28k
2023: €-2k
2020 → 2024
Total assets
€82k▼ 32.3%
2023 · €121k
2020: €66k
2021: €69k
2022: €86k
2023: €121k
2020 → 2024
Net result
€15k
2023 · €-30k
2020: €-15k
2021: €6k
2022: €13k
2023: €-30k
2020 → 2024
Working capital
€-13k▲ 58.2%
2023 · €-31k
2020: €-22k
2021: €-14k
2022: €-4k
2023: €-31k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€10k-€15k▲ 62.2%€28k▲ 83.7%€-2k€14k
Operating result€-16k-€6k€13k▲ 131%€-30k€15k
Net result€-15k-€6k€13k▲ 118%€-30k€15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €15k after a loss of €30k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €82k
Fixed assets
€27k▼ 9.4%
Current assets
€56k▼ 39.6%
Equity and liabilities €82k
Equity
€14k
Debt
€69k
Debt finances 83.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€17k▲
2023 · €-27k
Cash flow
€18k▲
2023 · €-28k
Solvency
16.5%▲
2023 · -1.5%
Current ratio
0.81▲
2023 · 0.75
Quick ratio
0.21▼
2023 · 0.39
Debt / equity
5.08▲
2023 · -67.56
ROE
113.5%
ROA
18.7%▲
2023 · -24.9%
Interest coverage
48.11▲
2023 · -310.41
Debt
€69k▼
2023 · €123k
Debt ≤ 1 year
€69k▼
2023 · €123k
Staff costs
€3k
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€121k€82k▼
Fixed assets21/28€29k€27k▼
Tangible fixed assets22/27€14k€12k▼
Furniture and vehicles24€14k€12k▼
Financial fixed assets28€15k€15k=
Current assets29/58€92k€56k▼
Stocks and contracts in progress3€44k€42k▼
Stocks30/36€44k€42k▼
Amounts receivable within one year40/41€9k€13k▲
Trade receivables40€3k€6k▲
Other amounts receivable41€6k€8k▲
Cash at bank and in hand54/58€39k€686▼
Equity and liabilities
Total equity and liabilities10/49€121k€82k▼
Equity10/15€-2k€14k▲
Contributions10/11€25k€25k=
Profit (loss) carried forward14€-27k€-11k▲
Amounts payable17/49€123k€69k▼
Amounts payable within one year42/48€123k€69k▼
Trade debts44€52k€9k▼
Suppliers440/4€52k€9k▼
Taxes, remuneration and social security45€2k€247▼
Taxes450/3€154€68▼
Remuneration and social security454/9€2k€179▼
Other amounts payable47/48€69k€59k▼
Income statement
Code20232024
Remuneration, social security and pensions62-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€3k€1k▼
Gross operating margin9900€-24k€22k▲
Operating profit (loss)9901€-30k€15k▲
Financial income75/76B€46€1k▲
Recurring financial income75€46€1k▲
Financial charges65/66B€89€362▲
Recurring financial charges65€89€362▲
Profit (loss) for the period before taxes9903€-30k€15k▲
Profit (loss) for the period9904€-30k€15k▲
Profit (loss) for the period to be appropriated9905€-30k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-27k€-11k▲
Profit (loss) brought forward from the previous period14P€3k€-27k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 122 days late
2024
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-12
Financial
Weakest financial yearnet €-30k ▼334%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 88 days late
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Rotselaar · 2 establishment units since 2020
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.
Wingepark 33A3110 RotselaarGround area
2,229 m²
Building footprint
658 m²
Volume, LiDAR
4,501 m³
Parcel 24094C0749/00D005, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
M&N GROEP
since 20202.304.863.817
Wingepark 33D, 3110 Rotselaar
since 20202.309.248.811
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24094C0749/00D005 | Flanders | 2,229 m² | 1 · 658 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteRotselaar2.304.863.817
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,783. 7,548 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-05-2020
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.
Contact details
2 entriesE-mail:info@shopwingepark.be
Phone:016444229