Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2024; threshold 65 %.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
-
Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2024
M.L.W.S. from Theux, company number BE0823223360, closed financial year 2024 with a result of € -1.2 million after tax. For that financial year M.L.W.S. recorded a gross margin of € -533,895 and equity of € -476,798. Compared with financial year 2023, the result moved from € 131,146 to € -1.2 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2025.
€ -476,798
▼ € 1.2 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.2 million
▼ still € 131,146 profit in 2023
Profit after tax over the fiscal year.
€ 74,803
▲ € 69,823 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1 million.
People and assets in 2024
5.9
▲ 1.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 447,870
▲ 47% vs 2023
€ 75,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 94,224
▼ 44% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 502,766
▲ 7% vs 2023
Loans from banks and other lenders, long and short.
€ 1.2 million
▲ 121% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 149,564
▲ 18% vs 2023
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 991,093 | € 455,829 | € 571,736 | € -533,895 | ▼ € 1.1 million |
| Profit after taxes | € 616,562 | € 53,758 | € 131,146 | € -1,151,379 | ▼ € 1.3 million |
| Equity | € 489,678 | € 543,435 | € 674,581 | € -476,798 | ▼ € 1.2 million |
| Total debts | € 2,342,229 | € 2,715,110 | € 1,469,755 | € 2,268,112 | ▲ 54% |
| Cash | € 253,972 | € 20,215 | € 4,980 | € 74,803 | ▲ € 69,823 |
| Retained profit | € -52,318 | € 1,440 | € 132,586 | € -1,018,794 | ▼ € 1.2 million |
| Bank debt | € 708,932 | € 504,250 | € 471,074 | € 502,766 | ▲ 7% |
| Balance sheet total | € 2,831,907 | € 3,258,545 | € 2,144,336 | € 1,791,314 | ▼ 16% |
| Employees (FTE) | 5 | 5 | 4 | 5.9 | ▲ 1.9 |
Key figures of M.L.W.S., 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.L.W.S.?
What happened at M.L.W.S. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
M.L.W.S. is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2024: loss of € 1.2 million (▼ € 1.3 million vs 2023). Source: NBB ↗
- Marc GILSON became a director. NBB
- NOSHAQ PARTNERS SCRL stepped down as director. NBB
- Christian JUPSIN stepped down as director. NBB
- Alain GEORGES stepped down as director. NBB
- NOSHAQ PARTNERS SCRL became a director. NBB
- Christian JUPSIN became a director. NBB
- Alain GEORGES became a director. NBB
In short
From € 616,562 profit in 2021 to € 1.2 million loss in 2024.
Paid € 61,600 in corporate taxes since 2021.
Best year ever: 2021, with € 616,562 profit.
On average € 142,900 of value added per employee in 2023.
A new publication or filing at M.L.W.S.? We notify you, reason included.
Follow M.L.W.S.Databakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of NOSHAQ, DG SPORT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
M.L.W.S.Behind M.L.W.S. is Marc GILSON. The shares are held by NOSHAQ (33.3%) and DG SPORT (13.3%).
Directors
According to the 2024 annual accounts
Marc GILSON
Liquidator
since 2025
Administrateur · represented by Bertrand Joiret
Also active at: CAUTION MUTUELLE DES METIERS ET NEGOCES, Fonderies J. Marichal Ketin et Cie, DARDENNE, SOGECOM, VITAVERDE.BIO, HAEMERS Technologies, SPACEBEL, NOSHAQ VENTURE +169 more
since 2019 · until 2024
since 2019 · until 2024
since 2019 · until 2024
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue du Stade 27
4910 Theux
Avenue du Stade 25
4910 Theux
Active since 28 May 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0823.223.360
- VAT number
- BE 0823.223.360
- Registered office
- Avenue du Stade 27, 4910 Theux
- Names & denominations
- M.L.W.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 17 February 2010
- Peppol
- Not registered
- Activities · NACE
Overige sportactiviteiten, neg
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Carrosserieherstelling (inclusief spuiten en verven)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Carrosserieherstelling
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)