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Active
BE 0781.494.851Private limited companyOpen bankruptcy
M & S - Flex
Ooststatiestraat 98 ·2550 Kontich, Belgium· 4 yrs active
Sector: Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
(56112)
Conclusion
A bankruptcy procedure is open for M & S - Flex according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €8k and a net result of €-2k.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €8k |
| Net result | €-2k |
| Staff (FTE) | 13.4 |
| Better than sector | 37% |
Snowflake analysis
2
/ 100
Fragile profile, watch health in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
0
Profitability
0
Solvency
9
Growth
-
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
0
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-12-2023 with the NBB · fiscal year 2022 · micro
Sector comparison
Fiscal year 2022 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 4.3% | 16.6% | |
| Net result | €-2k | €660 | |
| Equity | €8k | €10k | |
| Gross operating margin | €78k | €34k | |
| Staff costs | €66k | €40k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2022 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €10k |
| Net profit | €-2k |
| Cash flow | €6k |
| Staff costs | €66k |
| Income taxes | - |
| Dividends | - |
| Total assets | €179k |
| Equity | €8k |
| Debt | €171k |
| of which ≤ 1y | €86k |
| of which > 1y | €85k |
| Working capital | €-19k |
| Employees (FTE) | 13.4 |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 0.77 |
| Quick ratio | 0.77 |
| Working capital ratio | -10.8% |
| Solvency | 4.3% |
| Debt / equity | 22.04 |
| Long-term debt ratio | 10.97 |
| Interest coverage | 2.45 |
| Gross margin | - |
| Net margin | - |
| ROA | -1.3% |
| ROE | -28.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €179k |
| Fixed assets | 21/28 | €111k |
| Formation expenses | 20 | €846 |
| Intangible fixed assets | 21 | €56k |
| Tangible fixed assets | 22/27 | €53k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €67k |
| Amounts receivable within one year | 40/41 | €26k |
| Cash & bank | 54/58 | €40k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €179k |
| Equity | 10/15 | €8k |
| Contributions / capital | 10/11 | €10k |
| Accumulated profits (losses) | 14 | €-2k |
| Amounts payable | 17/49 | €171k |
| Amounts payable after one year | 17 | €85k |
| Amounts payable within one year | 42/48 | €86k |
| Trade debts payable within one year | 44 | €32k |
| Income statement | ||
| Gross operating margin | 9900 | €78k |
| Operating result | 9901 | €1k |
| Financial income | 75 | €206 |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €-2k |
| Net result for the period | 9904 | €-2k |
| Result to be appropriated | 9905 | €-2k |
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | DAVID ANNé FRANKRIJKLEI 5 BUS 0401,
2000 ANTWERPEN 1 |
12-03-2026 → present | Belgian State Gazette |
| Curator | VALèRE VEREECKE COCKERILLKAAI 18,
2000 ANTWERPEN 1 |
04-07-2024 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(56112) |
| Legal form | Private limited company(610) |
| Incorporation | 02-02-2022 |
| Status | Active |
| Postal code | 2550 |
| First BS signal | 10-07-2024 |
| Latest BS signal | 18-03-2026 |
Establishment units
M & S - Flex
since 20222.331.507.143
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602C0191/00S003 | Flanders | 206 m² | 1 · 115 m² | 11.0 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2026
18-03-2026
Bankruptcy
Opening
2024
13-08-2024
Bankruptcy
Bankruptcy reversal
10-07-2024
Bankruptcy
Opening
2023
31-12-2023
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
18-03-2026
Bankruptcy
Opening
Full insolvency chronology
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 2 further earlier events in this file, covering 04-07-2024 to 12-03-2026.
Available in Kantoor S.
See plans →
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
Company registry (CBE)
Activities
Eetgelegenheden met volledige bediening56101Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met volledige bediening56111Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
| Legal nameNL | M & S - Flex |
Registered office
Ooststatiestraat 98
2550 Kontich, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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