Financials
- Financial year
- 2024
- Total assets
- €4.5m
- Loss
- -€108,024
- Solvency
- 93.4%
Total assets▲ 3.1%
Net result
20182024
MF SERVICES
ActiveSummary
MF SERVICES has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.2m and a net result of -€108,024. Equity remains stable across the filed financial years (±2% per year). Its solvency ranks better than 92% of 37,945 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Business and other management consultancy
NACE 70200
1 site
Size
€4.5mtotal assets 2024
- Equity
- €4.2m
- Loss
- -€108,024
Turnover not published (abbreviated or micro format)
Why 55raises riskCapped at 59: a confirmed filing finding1 financial year not filed after the legal deadline; latest accounts 105 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 15-11-2025)Liquidity: current ratio 10.44, cash €159,119lowers riskFounded in 2000Show the evidence
Checked score
Score 2024
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 47% of its sector peers (NACE 70, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency
100=
equity 93.4% of total assets
Liquidity
54=
short-term debt 3.0% · cash 3.6%
Profitability
21+10
return on assets -2.4%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▲ +0.1 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.5%▲ +0.1 percentage points vs 09-2025
11-2025: 0.6%▲ +0.1 percentage points vs 10-2025highest value
12-2025: 0.1%▼ -0.5 percentage points vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.4%▲ +0.1 percentage points vs 09-2026
Credit of up to €220,000 on 30-day terms, only on tighter conditions
Liquidity ample (current ratio 10.44, compared with 23.08 in 2023; short-term debt: 3% and cash: 3.6% of total assets), and 6.6% of the assets are financed with debt.
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 70, small): better than 85% on solvency, 70% on liquidity, 11% on profitability and 23% on growth.
The bankruptcy probability was computed on 09-10-2026 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
Six signals.
−lowers risk+raises risk
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€108,024
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 13-11-2025, 105 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
105 days late
2023
92 days late
2022
31 days late
2021
78 days late
2020
111 days late
2019
105 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 87 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Resignation: Ehlinger Philippe (manager)Appointment: Ehlinger Philippe (non-statutory director)…
- Annual accounts filedfinancial year 2023 · micro…
Key points
- Risk: 7 loss-making years in a rowloss financial year 2024 -€108,024 View
- Caution: Among the weakest 5% on net resultsector median €25,911 · 37,965 companies -€108,024 View
- Caution: Accounts not fileddeadline was 31-07-2026 71 days late View
- Positive: Result rose in 2024from -€289,885 to -€108,024 ▲ 62.7% View
- Controlled by Lavigie 91.57% View
- New directorlatest change 31-10-2025 · 1 in office 1 joined View
By topic
Board & ownership
- Board
- 1 member
- Parent
- Lavigie · 91.57%
- Ehlinger PhilippeDirector
Timeline
- Events
- 27
- Since
- 2002
- 31-12-2023Weakest financial year
- 31-08-2023Annual accounts filed
- 31-12-2022Liquidity more than doubles
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Business and other management consultancyNACE 70200
- Founded
- 07-09-2000
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 25
- Annual meeting
- Last Tuesday of May at 11:00
- Purpose
- Het beheer en de ontwikkeling van een patrimonium,samengesteld uit onroerende en roerende…
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