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M-t.c.

Active
Private limited company (pre-2019)founded 2016active for 10 yearsKasseiweg 7, 3380 Glabbeek, BelgiumKBO/BCE: BE 0651.766.952
Summary

M-t.c. has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€22,622) and a net result of €14,878. Equity has been shrinking by about 36% per year since 2018. Its solvency ranks better than 5% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 08-04-2016 Normal situation
Activity
Development of residential building projects NACE 68121and 4 others
Establishment unit
2.253.433.724 3380 Glabbeek, since 08-04-2016
Financial year end
31 December
Peppol
Reachable since 09-12-2025

Board and ownership

Board
  • Mans Omer EdouardDirector · since 06-04-2016

Financial position

56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€20,006
Turnover
≈ €83,000
estimated
Profit
€14,878
Equity
-€22,622
▲ 39.7%
Total assets
€9,398
▲ 64.8%
Staff
≈ 0.1 FTE
estimated
  • Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€22,622lowers riskSize: total assets €9,398Sector: Real estate activities (NACE 68)Liquidity: current ratio 0.32, cash €6,493Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 58% of micro companies in real estate (NACE 68)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 0=
equity -240.7% of total assets
Liquidity 50=
short-term debt 234.3% · cash 69.1%
Profitability 100+100
return on assets 158.3%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,630 companies, NACE 68, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025highest value 08-2025: 0.4%● unchanged vs 07-2025highest value 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.2 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.32 (0.15 in 2024), below 1. Short-term debt is 234.3% and cash 69.1% of total assets. Equity is negative.
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 68, micro). It does better than 5% of them on solvency, 49% on liquidity, 95% on profitability and 83% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €9,398
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€22,622
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Liquidity: current ratio 0.32, cash €6,493
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 17149 sector peers (2025).
NBB · sector comparison
Position among 17149 sector peers
Solvency
better than 5%
← weakest strongest →
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 19-06-2026, 42 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
42 days early
2024
43 days early
2023
27 days early
2022
17 days early
2021
11 days early
2020
9 days early
2019
24 days late
← 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 18 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 5 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€22,622 View
  • Caution: Lower solvency than 95% of companies in real estatesector median 29.0% · 17,149 companies -240.7% View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

Recent changes

  1. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as M-t.c.: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €7,090 and €15,500, founded between 2012 and 2018.

CompanyTotal assetsGross margin
M-t.c. Glabbeek€9,398€20,006
Ferco BW Brussel€10,646€33,885
MANIET BUILDING CONCEPT GROUP Sombreffe€7,088€31,937
G&R ESTATE Incourt€13,712€42,903
POINT Communications Lochristi€11,981€9,016
A2 PROJECTS Ninove€15,452€56,188
New Horizon Promotion Immobilière Huy€11,432€4,626
Full comparison

Key facts about M-t.c.

What is the company number of M-t.c.?
The company number of M-t.c. is 0651.766.952. The VAT number is the same number with BE in front: BE 0651.766.952.
Where is M-t.c. based?
The registered office is at Kasseiweg 7, 3380 Glabbeek.Company details
What does M-t.c. do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of M-t.c.?
The legal form of M-t.c. is Private limited company (pre-2019) (BVBA).
When was M-t.c. founded?
M-t.c. was founded on 08-04-2016.
Is M-t.c. still active?
Yes, M-t.c. is an active enterprise in the KBO register.
What is the turnover of M-t.c.?
The turnover in financial year 2025 is ≈ €83,000. This figure is estimated from the gross margin of €20,006 and 48 comparable companies (NACE 68121). It probably lies between €41,000 and €260,000. It is a rough estimate.Financials
Is M-t.c. profitable?
In financial year 2025, M-t.c. made a profit of €14,878.
Where can I find the annual accounts of M-t.c.?
M-t.c. filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of M-t.c. due?
M-t.c. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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