M.T.B.
ActiveThe computed 12-month bankruptcy probability of M.T.B. is 4.2% (elevated). The 2024 annual accounts show equity of €36k and a net result of €10k. Equity is growing by ~47.6% per year across the filed fiscal years. Its solvency ranks better than 31% of 18942 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-1
Solvency31▲+1
Growth78=
Track record94
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.54 against 0.28 in 2023; short-term debt: 73.2% and cash: 2.6% of total assets), and 94.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
5.7%
Return on assets
1.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
29 d late
2022
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€36k▲ 39.8%
2023 · €26k
2022: €12k
2023: €26k
2022 → 2024
Total assets
€636k▲ 20.8%
2023 · €526k
2022: €440k
2023: €526k
2022 → 2024
Net result
€10k▼ 28.0%
2023 · €14k
2022: €-48k
2023: €14k
2022 → 2024
Working capital
€-214k▲ 20.4%
2023 · €-269k
2022: €-179k
2023: €-269k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€12k-€26k▲ 124%€36k▲ 39.8%
Operating result€-45k-€19k€18k▼ 6.1%
Net result€-48k-€14k€10k▼ 28.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 6% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €636k
Fixed assets
€384k▼ 8.5%
Current assets
€251k▲ 136%
Equity and liabilities €636k
Equity
€36k▲ 39.8%
Debt
€600k▲ 19.8%
The debt ratio falls from 95.1% to 94.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€46k▼
2023 · €48k
Cash flow
€39k▼
2023 · €44k
Solvency
5.7%▲
2023 · 4.9%
Current ratio
0.54▲
2023 · 0.28
Quick ratio
0.50▲
2023 · 0.26
Debt / equity
16.64▼
2023 · 19.42
ROE
28.5%▼
2023 · 55.3%
ROA
1.6%▼
2023 · 2.7%
Interest coverage
9.55▲
2023 · 8.54
Debt
€600k▲
2023 · €501k
Debt ≤ 1 year
€466k▲
2023 · €375k
Debt > 1 year
€134k▲
2023 · €125k
Staff costs
€138k▲
2023 · €81k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€526k€636k▲
Fixed assets21/28€420k€384k▼
Intangible fixed assets21€674€478▼
Tangible fixed assets22/27€406k€370k▼
Plant, machinery and equipment23€20k€24k▲
Furniture and vehicles24€581€262▼
Other tangible fixed assets26€385k€345k▼
Financial fixed assets28€14k€14k▲
Current assets29/58€106k€251k▲
Stocks and contracts in progress3€10k€17k▲
Stocks30/36€10k€17k▲
Amounts receivable within one year40/41€76k€217k▲
Trade receivables40€5k€34k▲
Other amounts receivable41€71k€183k▲
Cash at bank and in hand54/58€20k€17k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€526k€636k▲
Equity10/15€26k€36k▲
Contributions10/11€60k€60k=
Profit (loss) carried forward14€-34k€-24k▲
Amounts payable17/49€501k€600k▲
Amounts payable after more than one year17€125k€134k▲
Financial debts170/4€125k€134k▲
Amounts payable within one year42/48€375k€466k▲
Current portion of amounts payable after more than one year42€48k€45k▼
Financial debts43€3k€3k=
Credit institutions430/8€3k€3k=
Trade debts44€268k€354k▲
Suppliers440/4€268k€354k▲
Taxes, remuneration and social security45€57k€63k▲
Taxes450/3€54k€53k▼
Remuneration and social security454/9€3k€10k▲
Other amounts payable47/48€0€1k▲
Income statement
Code20232024
Remuneration, social security and pensions62€81k€138k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€28k▼
Other operating charges640/8€4k€7k▲
Gross operating margin9900€133k€191k▲
Operating profit (loss)9901€19k€18k▼
Financial income75/76B€1k€4k▲
Recurring financial income75€1k€4k▲
Financial charges65/66B€6k€12k▲
Recurring financial charges65€6k€5k▼
Non-recurring financial charges66B-€7k
Profit (loss) for the period before taxes9903€14k€10k▼
Profit (loss) for the period9904€14k€10k▼
Profit (loss) for the period to be appropriated9905€14k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-24k▲
Profit (loss) brought forward from the previous period14P€-48k€-34k▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kelderstraat 102000 AntwerpenGround area
54 m²
Building footprint
77 m²
Volume, LiDAR
725 m³
Parcel 11803C1113/00C000, Flanders · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
M.T.B.
since 20222.326.570.932
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C1113/00C000 | Flanders | 54 m² | 1 · 77 m² | 14.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.326.570.932
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SPARRENHOF
BE 0457.536.825
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LA CARRETTA
BE 0896.385.017
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Yang's
BE 1021.047.041
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 9,633 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2021
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
47784Retail sale of souvenirs and religious articles
47786Retail trade
56210Event catering
56220Contract catering and other food service activities
56290Food and beverage service activities
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.