Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
M-FIVE CENTER from Stabroek, company number BE0451720288, closed financial year 2024 with a result of € -17,635 after tax. For that financial year M-FIVE CENTER recorded a gross margin of € -10,377 and equity of € 2,002. Compared with financial year 2023, the result moved from € 1,858 to € -17,635. The company made a loss. The buffer shrank hard: equity is 90 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2025.
€ 2,002
▼ 90% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,635
▼ still € 1,858 profit in 2023
Profit after tax over the fiscal year.
€ 2,675
▼ 45% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -16,598.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 5,286
▼ 13% vs 2023
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 4,801
▲ € 4,507 vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 11,398 | € 22,478 | € 16,163 | € -10,377 | ▼ € 26,540 |
| Profit after taxes | € 11,258 | € 12,866 | € 1,858 | € -17,635 | ▼ € 19,492 |
| Equity | € 4,913 | € 17,779 | € 19,637 | € 2,002 | ▼ 90% |
| Total debts | € 6,009 | € 4,000 | € 294 | € 13,301 | ▲ € 13,007 |
| Cash | € 3,029 | € 6,555 | € 4,847 | € 2,675 | ▼ 45% |
| Retained profit | € -13,687 | € -821 | € 1,037 | € -16,598 | ▼ € 17,635 |
| Bank debt | € 0 | € 4,000 | € 0 | € 0 | |
| Balance sheet total | € 10,921 | € 21,779 | € 19,931 | € 15,303 | ▼ 23% |
Key figures of M-FIVE CENTER, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to M-FIVE CENTER?
What happened at M-FIVE CENTER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
M-FIVE CENTER is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 17,635 (▼ € 19,492 vs 2023). Source: NBB ↗
- New establishment in Stabroek. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,258 profit in 2021 to € 17,635 loss in 2024.
Paid € 6,454 in corporate taxes since 2021.
Best year ever: 2022, with € 12,866 profit.
Management
Behind M-FIVE CENTER is CARINA MAES.
Directors
According to the 2024 annual accounts
CARINA MAES
Director
Establishments
Establishment units
Physical locations of this company
Dorpsstraat 38
2940 Stabroek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.720.288
- VAT number
- BE 0451.720.288
- Registered office
- Dorpsstraat 38, 2940 Stabroek
- Names & denominations
- M-FIVE CENTER · M.F.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 20 December 1993
- Peppol
- Not registered
- Activities · NACE
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