Monde Selection Marine Services
ActiveThe computed 12-month bankruptcy probability of Monde Selection Marine Services is 1.9% (moderate). The 2025 annual accounts show negative equity (€-47k) and a net result of €-94k. Equity is shrinking by ~34.8% per year across the filed fiscal years. Its solvency ranks better than 14% of 445 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
25
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▼-69
Solvency19▼-12
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.04 in 2024; short-term debt: 106.1% and cash: 0.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 79
Relative position
BE, all sectors
reference
Sector 79
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-6.1%
Return on assets
-12.2%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-47k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
12 d late
2024
7 d late
2023
19 d early
2022
52 d early
2021
49 d early
2020
29 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-47k
2024 · €47k
2018: €173k
2019: €162k
2020: €145k
2021: €113k
2022: €67k
2023: €24k
2024: €47k
2018 → 2025
Total assets
€767k▼ 7.3%
2024 · €828k
2018: €280k
2019: €245k
2020: €212k
2021: €213k
2022: €210k
2023: €413k
2024: €828k
2018 → 2025
Net result
€-94k
2024 · €23k
2018: €-16k
2019: €-11k
2020: €-17k
2021: €-32k
2022: €-46k
2023: €-43k
2024: €23k
2018 → 2025
Working capital
€-796k▼ 6.4%
2024 · €-748k
2018: €-89k
2019: €-72k
2020: €-62k
2021: €-95k
2022: €-112k
2023: €-126k
2024: €-748k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€113k-€67k▼ 40.6%€24k▼ 64.2%€47k▲ 95.3%€-47k
Operating result€-31k-€-46k▼ 46.2%€-43k▲ 6.5%€23k€-93k
Net result€-32k-€-46k▼ 46.1%€-43k▲ 6.3%€23k€-94k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €93k after €23k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €767k
Fixed assets
€749k▼ 5.7%
Current assets
€18k▼ 45.2%
Key figures and ratios
EBITDA
€-22k▼
2024 · €49k
Cash flow
€-22k▼
2024 · €49k
Solvency
-6.1%▼
2024 · 5.7%
Current ratio
0.02▼
2024 · 0.04
Quick ratio
0.02▼
2024 · 0.04
Debt / equity
-17.44▼
2024 · 16.57
ROA
-12.2%▼
2024 · 2.8%
Interest coverage
-73.68▼
2024 · 174.67
Debt
€814k▲
2024 · €781k
Debt ≤ 1 year
€814k▲
2024 · €781k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€828k€767k▼
Fixed assets21/28€795k€749k▼
Tangible fixed assets22/27€795k€749k▼
Plant, machinery and equipment23€795k€749k▼
Current assets29/58€33k€18k▼
Amounts receivable within one year40/41€10k€9k▼
Trade receivables40€9k€3k▼
Other amounts receivable41€1k€6k▲
Cash at bank and in hand54/58€15k€2k▼
Deferred charges and accrued income490/1€8k€8k▲
Equity and liabilities
Total equity and liabilities10/49€828k€767k▼
Equity10/15€47k€-47k▼
Contributions10/11€200k€200k=
Profit (loss) carried forward14€-153k€-247k▼
Amounts payable17/49€781k€814k▲
Amounts payable within one year42/48€781k€814k▲
Other amounts payable47/48€781k€814k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€72k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€52k€-18k▼
Operating profit (loss)9901€23k€-93k▼
Financial charges65/66B€283€293▲
Recurring financial charges65€283€293▲
Profit (loss) for the period before taxes9903€23k€-94k▼
Profit (loss) for the period9904€23k€-94k▼
Profit (loss) for the period to be appropriated9905€23k€-94k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-153k€-247k▼
Profit (loss) brought forward from the previous period14P€-176k€-153k▲
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
Next filing, fiscal year 2026, expected by
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
31-12
Financial
Weakest financial yearnet €-94k ▼508%
Net result drops to €-94k, the lowest in the series.
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
31-12
Financial
Back to profitnet €23k
Net result €23k after 6 loss-making years.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Beauvechain · 1 establishment unit since 2017
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.
Rue de l'Etang, Nodebais 331320 BeauvechainGround area
7,103 m²
Building footprint
677 m²
Volume, LiDAR
2,989 m³
2 parcels, Wallonia · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MONDE SELECTION MARINE SERVICES
since 20172.262.533.413
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25073A0249/00C000 | Wallonia | 5,485 m² | 1 · 379 m² | - |
| 25111A0562/00W002 | Wallonia | 1,617 m² | 1 · 298 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,439 companies in sector 79110 we hold annual accounts for 880. 676 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-03-2017
Fiscal year end31-12
Abbreviation FR
MS Marine Services
Activities, NACEBEL
79110Travel agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:patrick@monde-selection.com