Financials
- Fiscal year
- 2025
- Total assets
- €29,638
- Profit
- €218
- Solvency
- 48.0%
Total assets▲ 30.5%
Net result
20192025
M&K TECHNICS
ActiveSummary
The computed 12-month bankruptcy probability of M&K TECHNICS is 3.0% (moderate). The 2025 annual accounts show equity of €14,234 and a net result of €218. Equity is shrinking by ~21.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 51% of 30651 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
General electrical installation work
NACE 43211
1 site
Size
€29,638total assets 2025
- Equity
- €14,234
- Profit
- €218
Turnover not published (abridged schema)
Structure
Accounts filed 60 d late0 of 7 deeds read
Why 50- Latest accounts 60 days late; 3 of the last 3 late- 1 change of registered office in 24 months- Liquidity: current ratio 1.92, cash €288, halved+ Figures for FY 2025 (filed 29-09-2026)Show the evidence
Checked score
Score 2025
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 31% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
73-14
equity 48.0% of total assets
Liquidity
25-55
short-term debt 52.0% · cash 1.0%
Profitability
39-61
return on assets 0.7%
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 5 months
06-2026: 1.2%lowest value
07-2026: 1.2%▲ +1.6% vs 06-2026
08-2026: 1.8%▲ +50.0% vs 07-2026
09-2026: 2.4%▲ +30.1% vs 08-2026
10-2026: 3.0%▲ +25.5% vs 09-2026highest value
- Latest accounts 60 days late; 3 of the last 3 late raises the probability
- 1 change of registered office in 24 months raises the probability
- Liquidity: current ratio 1.92, cash €288, halved raises the probability
- Figures for FY 2025 (filed 29-09-2026) lowers the probability
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.92 against 2.13 in 2024; short-term debt: 52% and cash: 1% of total assets), but 52% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 52%, liquidity 14%, profitability 19%, growth against the median 39%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €14,234
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 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 · 7 filingsDeviation from the deadline
2025
60 d late
2024
34 d late
2023
61 d late
2022
24 d early
2021
26 d early
2020
51 d late
2019
101 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 37 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 3 September (4 of the last 5 filed years within 58 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €12,801
Key points
By topic
Timeline
- Events
- 11
- Since
- 2020
- Next accounts
- by 31-07-2027
- 29-09-2026Annual accounts filed
- 03-09-2025Annual accounts filed
- 31-12-2024Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 03-08-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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