Inveasy
ActiveSummary
Inveasy has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41,257 and a net result of €37,973. Equity is shrinking by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 34% of 17601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
What they do
Other information technology and computer services
NACE 62900NACE 62090
1 site
How big
€103,374total assets 2025
- Equity
- €41,257
- Profit
- €37,973
Turnover not published (abridged schema)
Who decides
Accounts 75 d early1 of 3 deeds read
Why 78- Limited track record+ Lower-failure-rate sector+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency65▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.73 in 2024; short-term debt: 58.4% and cash: 32.9% of total assets), but 60.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.9%
Return on assets
36.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-11-2025, 75 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
75 d early
2024
39 d early
2023
58 d early
2022
57 d early
2021
55 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 57 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 5 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
- BenamingName change · Power of…
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €103,374Profit €37,973Solvency 39.9%Liquidity 1.55
Total assets
€103,374▼ 12.1%
2021 - 2025
Net result
€37,973▼ 14.2%
2021 - 2025
Equity
€41,257▼ 20.7%
2021 - 2025
Solvency
39.9%▼ 4.3pp
2021 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€28,253-€67,836▲ 140%€37,005▼ 45.4%€59,284▲ 60.2%€54,780▼ 7.6%
Net result€22,244within the sector's middle half-€53,823above the sector's middle half▲ 142%€29,166within the sector's middle half▼ 45.8%€44,269within the sector's middle half▲ 51.8%€37,973within the sector's middle half▼ 14.2%
Equity€27,244below the sector's middle half-€81,067within the sector's middle half▲ 198%€62,733within the sector's middle half▼ 22.6%€52,002within the sector's middle half▼ 17.1%€41,257within the sector's middle half▼ 20.7%
Total assets€81,519within the sector's middle half-€162,592within the sector's middle half▲ 99.5%€111,395within the sector's middle half▼ 31.5%€117,571within the sector's middle half▲ 5.5%€103,374within the sector's middle half▼ 12.1%
Debt€54,275-€81,525▲ 50.2%€48,662▼ 40.3%€65,569▲ 34.7%€62,117▼ 5.3%
Working capital€26,300within the sector's middle half-€80,348within the sector's middle half▲ 206%€51,613within the sector's middle half▼ 35.8%€43,232within the sector's middle half▼ 16.2%€33,106within the sector's middle half▼ 23.4%
Solvency33.4%below the sector's middle half-49.9%within the sector's middle half▲ 16.4pp56.3%within the sector's middle half▲ 6.5pp44.2%within the sector's middle half▼ 12.1pp39.9%within the sector's middle half▼ 4.3pp
Current ratio1.48within the sector's middle half-1.99within the sector's middle half▲ 0.502.33within the sector's middle half▲ 0.341.73within the sector's middle half▼ 0.601.55within the sector's middle half▼ 0.19
Return on assets (ROA)27.3%within the sector's middle half-33.1%above the sector's middle half▲ 5.8pp26.2%within the sector's middle half▼ 6.9pp37.7%above the sector's middle half▲ 11.5pp36.7%above the sector's middle half▼ 0.9pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103,329
Fixed assets
€9,827 ▼ 35.1%
Current assets
€93,502 ▼ 8.5%
Equity and liabilities €103,374
Equity
€41,257 ▼ 20.7%
Debt
€62,117 ▼ 5.3%
Debt's share of the balance-sheet total rises from 55.8% to 60.1%. Equity and debt are lower.
Key figures and ratios
Key figures and ratios
EBITDA
€60,332▼
2024 · €64,835
Cash flow
€43,525▼
2024 · €49,820
Quick ratio
1.09▼
2024 · 1.43
Debt to equity
1.51▲
2024 · 1.26
ROE
92.0%▲
2024 · 85.1%
Interest coverage
24.08▼
2024 · 25.25
Debt ≤ 1 year
€60,396▲
2024 · €58,915
Income taxes
€14,302▲
2024 · €12,448
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €180 | €225 | €682 | €5,551 | €5,551 | = |
| Other operating charges640/8 | - | €628 | €648 | €1,250 | €654 | ▼ 47.7% |
| Gross operating margin9900 | €28,604 | €68,689 | €38,335 | €66,085 | €60,986 | ▼ 7.7% |
| Operating profit (loss)9901 | €28,253 | €67,836 | €37,005 | €59,284 | €54,780 | ▼ 7.6% |
| Financial income75/76B | - | €26 | - | - | - | - |
| Recurring financial income75 | €5 | €26 | - | - | - | - |
| Financial charges65/66B | - | €225 | €259 | €2,568 | €2,505 | ▼ 2.4% |
| Recurring financial charges65 | €279 | €225 | €259 | €2,568 | €2,505 | ▼ 2.4% |
| Profit (loss) for the period before taxes9903 | €27,979 | €67,637 | €36,746 | €56,716 | €52,275 | ▼ 7.8% |
| Income taxes67/77 | €5,735 | €13,814 | €7,580 | €12,448 | €14,302 | ▲ 14.9% |
| Profit (loss) for the period9904 | €22,244 | €53,823 | €29,166 | €44,269 | €37,973 | ▼ 14.2% |
| Profit (loss) for the period to be appropriated9905 | €22,244 | €53,823 | €29,166 | €44,269 | €37,973 | ▼ 14.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €81,519 | €162,592 | €111,395 | €117,571 | €103,374 | ▼ 12.1% |
| Formation expenses20 | €944 | €719 | €494 | €270 | €45 | ▼ 83.4% |
| Fixed assets21/28 | - | - | €20,480 | €15,154 | €9,827 | ▼ 35.1% |
| Tangible fixed assets22/27 | - | - | €20,480 | €15,154 | €9,827 | ▼ 35.1% |
| Furniture and vehicles24 | - | - | €20,480 | €15,154 | €9,827 | ▼ 35.1% |
| Current assets29/58 | €80,575 | €161,872 | €90,420 | €102,147 | €93,502 | ▼ 8.5% |
| Stocks and contracts in progress3 | €9,745 | €30,070 | €20,603 | €18,150 | €27,481 | ▲ 51.4% |
| Stocks30/36 | - | €30,070 | €20,603 | €18,150 | €27,481 | ▲ 51.4% |
| Amounts receivable within one year40/41 | €20,630 | €39,275 | €56,496 | €32,961 | €30,582 | ▼ 7.2% |
| Trade receivables40 | - | €36,814 | €52,155 | €30,408 | €29,004 | ▼ 4.6% |
| Other amounts receivable41 | - | €2,461 | €4,341 | €2,552 | €1,578 | ▼ 38.2% |
| Cash at bank and in hand54/58 | €49,495 | €91,809 | €11,625 | €49,782 | €33,969 | ▼ 31.8% |
| Deferred charges and accrued income490/1 | - | €719 | €1,696 | €1,254 | €1,471 | ▲ 17.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €81,519 | €162,592 | €111,395 | €117,571 | €103,374 | ▼ 12.1% |
| Equity10/15 | €27,244 | €81,067 | €62,733 | €52,002 | €41,257 | ▼ 20.7% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €22,244 | €76,067 | €57,733 | €47,002 | €36,257 | ▼ 22.9% |
| Distributable reserves133 | - | €76,067 | €57,733 | €47,002 | €36,257 | ▼ 22.9% |
| Amounts payable17/49 | €54,275 | €81,525 | €48,662 | €65,569 | €62,117 | ▼ 5.3% |
| Amounts payable after more than one year17 | - | - | €9,802 | €4,787 | - | - |
| Financial debts170/4 | - | - | €9,802 | €4,787 | - | - |
| Amounts payable within one year42/48 | €54,275 | €81,525 | €38,807 | €58,915 | €60,396 | ▲ 2.5% |
| Current portion of amounts payable after more than one year42 | - | - | €5,198 | €5,423 | €5,214 | ▼ 3.9% |
| Trade debts44 | €53,033 | €77,397 | €32,945 | €32,434 | €27,231 | ▼ 16.0% |
| Suppliers440/4 | - | €77,397 | €32,945 | €32,434 | €27,231 | ▼ 16.0% |
| Taxes, remuneration and social security45 | - | €1,814 | - | €320 | - | - |
| Taxes450/3 | - | €1,814 | - | €320 | - | - |
| Other amounts payable47/48 | - | €2,314 | €664 | €20,738 | €27,951 | ▲ 34.8% |
| Accrued charges and deferred income492/3 | - | - | €53 | €1,866 | €1,722 | ▼ 7.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,244 | €53,823 | €29,166 | €44,269 | €37,973 | ▼ 14.2% |
| + Depreciation and write-downs630 | €180 | €225 | €682 | €5,551 | €5,551 | = |
| Operating cash flow (approximation) | €22,424 | €54,048 | €29,847 | €49,820 | €43,525 | ▼ 12.6% |
| Investment in fixed assets (approximation) | - | - | - | -€225 | -€225 | = |
| Change in cash | - | €42,313 | -€80,184 | €38,157 | -€15,814 | ▼ 141% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
AZZA Studios
BE 1020.724.961
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DEDERICHS ET FILS H.T.
BE 0478.804.371
Thimister-Clermont · Eq €41,378
SMART SERVICES
BE 0459.457.227
Grimbergen · Eq €41,420
IKADA
BE 0837.150.382
Mol · Eq €41,478
Avalanche
BE 0736.974.920
Hove · Eq €41,484
Of 3,219 companies in this sector we hold annual accounts for 1,748. 1,314 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
7 eventsLatest 16-06-2026Next filing 31-01-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-06
State Gazette act
BenamingName change · Power of attorney4 facts ▸
State Gazette act
Benaming
Name change · Power of attorney4 facts ▸
- General meeting, buitengewone algemene vergadering
- Name change, MTGC
- Power of attorney, Tom Degryse
- Power of attorney
2025
17-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
04-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
05-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2021net €53,823 ▲142%
Operating result €67,836, net result €53,823, both a record.
2021
07-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 11-09-2020Year ends 30-06Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded11-09-2020
Fiscal year end30-06
Legal name NL
MTGC
Activities, NACEBEL 2025
62900Other information technology and computer services
33120Repair and maintenance of machinery
46140Agents in the wholesale of industrial machinery, ships and aircraft
46645Wholesale trade
62200Computer consultancy and computer facilities management
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0753944277
Also
9925:BE0753944277
Registered
29-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Ieper · 1 establishment unit since 2020
Ground area
467 m²
Building footprint
139 m²
Parcel 33011C0081/00H000, Flanders. Linked by address, not a title deed.
1 establishment unit
Inveasy
since 2020unit no. 2.307.556.259
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33011C0081/00H000 | Flanders | 467 m² | 1 · 139 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
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