Equity
€1.7m ▲ 6.7%
MTM has made a profit without a break since 2019.
MTM
Lifetime
12 annual accounts with figures on one time axispeak €801,140 (2022)
€300,315▲ 122%
lowest -€37,080 (2018)
€109,181▲ 33×
peak €1.7m (2025)
€1.7m▲ 6.7%
€277,380▼ 62.9%
Board2 names since 2013
2 directorsMathys, Timothy Peter Antoon and 1 other
Documentsfilings and deeds
22-06-202639 days before the deadline
2025abbreviated format
Gross margin from €135,172 to €300,315Result from €3,349 to €109,181Debts from €748,594 to €277,380Investments €733,677Cash from €739,808 to €18,203
Key points
from the 2025 annual accountsResult
€109,181 ▲ 33×
The result rose in 2025: mostly from a one-off income of €252,902.
Turnover
≈ €470,000 estimated
The accounts state no turnover.
Investments
€1.3m 8.7 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 105.1% higher than in 2024.
Liquidity
2.13 was 12.19 in 2024
Short-term debts rose from €126,174 to €277,199.
Position in the sector
86.2%
Higher solvency than 82% of companies in head offices and management consultancy. Sector median 52.4% · 10,856 companies.
Checked score
95
Excellent
Financially stronger than 63% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026highest value
11-2026: < 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 2.13, cash €18,203, halved
lowers risk
Size: total assets €2.0m
Figures for financial year 2025 (filed on 22-06-2026)
Sector: Activities of head offices; management consultancy activities (NACE 70)
Calculation
The band follows from the bankruptcy probability. 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). It does better than 85% of them on solvency, 40% on liquidity, 70% on profitability and 57% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as MTM has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of MTM itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for MTM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €160,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.13 (12.19 in 2024), above the usual 1.5. Short-term debt is 13.8% and cash 0.9% of total assets. 13.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 days early
2024
38 days early
2023
15 days early
2022
21 days early
2021
17 days late
2020
15 days early
2019
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
MT
Mathys, Timothy Peter Antoon
Director, since 06-06-2013
TM
Timothy Mathys
Manager, since 06-06-2013
Shares in 1 company, STANDING BUILDING GROUP
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0535761880
Amendment of the articles · Legal-form change · Resignations & appointments
Director in office: Mathys, Timothy Peter Antoon · General meeting of 14-11-2023 · Gazette deed
Registered office moved from Turnhout to Geel
New registered office: Winkelom 83 A2 te 2440 Geel · Previous registered office: Slagmolenstraat 138A te 2300 Turnhout · General meeting of 09-07-2019 · Gazette deed
First establishment
Winkelom 83, Geel
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as MTM: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €1.9m and €2.8m, founded between 2012 and 2014.
Official details
Source: KBO- Status
- Active since 06-06-2013Normal situation
- Registered office
- 12 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- Activities of head officesNACE 70100and 2 others
- Establishment unit
- 2.220.188.3592440 Geel, since 18-06-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 09-10-2025
Annual accounts 2025
- €2.0m▼ 15.3%
- Filing
- Filed on 22-06-2026, 39 days before the end of the filing period
Insights on MTM
MTM files the abbreviated format. That format states no turnover. The gross margin rose from €20,169 in 2014 to €300,315 in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MTM
- What is the company number of MTM?
- The company number of MTM is 0535.761.880. The VAT number is the same number with BE in front: BE 0535.761.880.
- Where is MTM based?
- The registered office is at Winkelom 83, 2440 Geel.Company details
- What does MTM do?
- According to the KBO register, the main activity is activities of head offices (NACE 70100).
- What is the legal form of MTM?
- MTM is a private limited company (BV).
- When was MTM founded?
- MTM was founded on 06-06-2013.
- Is MTM still active?
- Yes, MTM is an active enterprise in the KBO register.
- What is the turnover of MTM?
- The turnover in financial year 2025 is ≈ €470,000. This figure is estimated from the gross margin of €300,315 and 78 comparable companies (NACE 70). It probably lies between €360,000 and €910,000.Financials
- Is MTM profitable?
- In financial year 2025, MTM made a profit of €109,181.
- Where can I find the annual accounts of MTM?
- MTM filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MTM due?
- MTM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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