M-t.c.
ActiveM-t.c. has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-37k) and a net result of €-7k. Equity is shrinking by ~48.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 19348 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
36
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.15 against 0.18 in 2023; short-term debt: 582.2% and cash: 75.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-657.5%
Return on assets
-123.3%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-37k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
27 d early
2022
17 d early
2021
11 d early
2020
9 d early
2019
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-37k▼ 23.1%
2023 · €-30k
2018: €12k
2019: €-9k
2020: €-10k
2021: €-14k
2022: €-24k
2023: €-30k
2018 → 2024
Total assets
€6k▲ 2.1%
2023 · €6k
2018: €40k
2019: €5k
2020: €4k
2021: €24k
2022: €19k
2023: €6k
2018 → 2024
Net result
€-7k▼ 7.6%
2023 · €-7k
2018: €-4k
2019: €-20k
2020: €-1k
2021: €-4k
2022: €-10k
2023: €-7k
2018 → 2024
Working capital
€-28k▼ 32.8%
2023 · €-21k
2018: €6k
2019: €-10k
2020: €-1k
2021: €-6k
2022: €-15k
2023: €-21k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-10k-€-14k▼ 43.2%€-24k▼ 67.4%€-30k▼ 27.3%€-37k▼ 23.1%
Operating result€691-€-6k€-8k▼ 48.4%€-6k▲ 25.4%€-7k▼ 12.0%
Net result€-1k-€-4k▼ 213%€-10k▼ 124%€-7k▲ 32.2%€-7k▼ 7.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2024 against €6k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6k
Fixed assets
€800▼ 5.1%
Current assets
€5k▲ 3.4%
Key figures and ratios
EBITDA
€-7k▼
2023 · €-6k
Cash flow
€-7k▼
2023 · €-6k
Solvency
-657.5%▼
2023 · -545.6%
Current ratio
0.15▼
2023 · 0.18
Quick ratio
0.15▼
2023 · 0.18
Debt / equity
-1.15▲
2023 · -1.18
ROA
-123.3%▼
2023 · -117.0%
Interest coverage
-48.85▼
2023 · -15.93
Debt
€43k▲
2023 · €36k
Debt ≤ 1 year
€33k▲
2023 · €26k
Debt > 1 year
€10k=
2023 · €10k
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€6k€6k▲
Fixed assets21/28€843€800▼
Tangible fixed assets22/27€43€0▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€43€0▼
Financial fixed assets28€800€800=
Current assets29/58€5k€5k▲
Amounts receivable within one year40/41-€589
Other amounts receivable41-€589
Cash at bank and in hand54/58€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€6k€6k▲
Equity10/15€-30k€-37k▼
Contributions10/11€12k€12k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€-44k€-51k▼
Amounts payable17/49€36k€43k▲
Amounts payable after more than one year17€10k€10k=
Financial debts170/4€10k€10k=
Amounts payable within one year42/48€26k€33k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Advances received on contracts in progress46€5k€5k=
Taxes, remuneration and social security45€2k€709▼
Taxes450/3€2k€709▼
Other amounts payable47/48€17k€26k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€140€43▼
Other operating charges640/8€384€816▲
Non-recurring operating charges66A€828-
Gross operating margin9900€-5k€-6k▼
Operating profit (loss)9901€-6k€-7k▼
Financial charges65/66B€378€140▼
Recurring financial charges65€378€140▼
Profit (loss) for the period before taxes9903€-7k€-7k▼
Profit (loss) for the period9904€-7k€-7k▼
Profit (loss) for the period to be appropriated9905€-7k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-51k▼
Profit (loss) brought forward from the previous period14P€-37k€-44k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 101 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, Glabbeek · 1 establishment unit since 2016
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.
Kasseiweg 73380 GlabbeekGround area
959 m²
Building footprint
146 m²
Volume, LiDAR
993 m³
Parcel 24030B0020/00B002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M-t.c.
since 20162.253.433.724
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24030B0020/00B002 | Flanders | 959 m² | 1 · 146 m² | 9.6 m · 2 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.
Similar companies · same sector, comparable size
S-Immo
BE 0749.788.818
Plombières · Eq €12k
JUMBA
BE 0810.774.795
Saint-Ghislain · Eq €12k
MGM INVEST
BE 0830.678.801
Quaregnon · Eq €12k
Phoenix Projects
BE 0798.718.289
Zaventem · Eq €12k
CREADOMUS INVEST
BE 0823.120.521
Elsene · Eq €12k
Of 9,697 companies in sector 68121 we hold annual accounts for 7,378. 3,288 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-04-2016
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68310Real estate agency activities
68122Development of non-residential building projects
68311Real estate activities
68322Real estate appraisal on a fee or contract basis
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.