M-T-M
ActiveThe computed 12-month bankruptcy probability of M-T-M is 7.2% (elevated). The 2024 annual accounts show negative equity (€-7k) and a net result of €-16k. Its solvency ranks better than 25% of 18940 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
20
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability18▲+18
Solvency20▼-12
Growth58
Track record94
Bankruptcy probability, 12 months
7.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.18 against 0.43 in 2023; short-term debt: 105.1% and cash: 6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six 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
-5.1%
Return on assets
-11.5%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year €-7k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-7k
2023 · €9k
2023: €9k
2023 → 2024
Total assets
€143k▲ 8.1%
2023 · €132k
2023: €132k
2023 → 2024
Net result
€-16k▲ 21.4%
2023 · €-21k
2023: €-21k
2023 → 2024
Working capital
€-123k▼ 81.5%
2023 · €-68k
2023: €-68k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€9k-€-7k
Operating result€-21k-€-15k▲ 29.4%
Net result€-21k-€-16k▲ 21.4%
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 €15k in 2024 against €21k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €143k
Fixed assets
€116k▲ 44.9%
Current assets
€27k▼ 48.4%
Key figures and ratios
EBITDA
€4k▲
2023 · €-14k
Cash flow
€2k▲
2023 · €-15k
Solvency
-5.1%▼
2023 · 6.9%
Current ratio
0.18▼
2023 · 0.43
Quick ratio
0.15▼
2023 · 0.38
Debt / equity
-20.45▼
2023 · 13.51
ROA
-11.5%▲
2023 · -15.8%
Interest coverage
1.61▲
2023 · -74.93
Debt
€150k▲
2023 · €123k
Debt ≤ 1 year
€150k▲
2023 · €120k
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€132k€143k▲
Fixed assets21/28€80k€116k▲
Intangible fixed assets21€1k€852▼
Tangible fixed assets22/27€79k€115k▲
Plant, machinery and equipment23€5k€9k▲
Furniture and vehicles24€54k€80k▲
Other tangible fixed assets26€19k€26k▲
Current assets29/58€52k€27k▼
Stocks and contracts in progress3€7k€5k▼
Stocks30/36€7k€5k▼
Amounts receivable within one year40/41€15k€12k▼
Trade receivables40-€7k
Other amounts receivable41€15k€5k▼
Cash at bank and in hand54/58€30k€9k▼
Deferred charges and accrued income490/1€974€1k▲
Equity and liabilities
Total equity and liabilities10/49€132k€143k▲
Equity10/15€9k€-7k▼
Contributions10/11€30k€30k=
Profit (loss) carried forward14€-21k€-37k▼
Amounts payable17/49€123k€150k▲
Amounts payable within one year42/48€120k€150k▲
Trade debts44€76k€27k▼
Suppliers440/4€76k€27k▼
Taxes, remuneration and social security45€1k€804▼
Taxes450/3€587€804▲
Remuneration and social security454/9€500€0▼
Other amounts payable47/48€43k€122k▲
Accrued charges and deferred income492/3€3k€0▼
Income statement
Code20232024
Non-recurring operating income76A-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€18k▲
Other operating charges640/8€136€427▲
Gross operating margin9900€-14k€4k▲
Operating profit (loss)9901€-21k€-15k▲
Financial income75/76B-€450
Recurring financial income75-€450
Financial charges65/66B€192€2k▲
Recurring financial charges65€192€2k▲
Profit (loss) for the period before taxes9903€-21k€-16k▲
Profit (loss) for the period9904€-21k€-16k▲
Profit (loss) for the period to be appropriated9905€-21k€-16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€-37k▼
Profit (loss) brought forward from the previous period14P-€-21k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
NBB filing
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, Wevelgem · 1 establishment unit since 2023
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.
Roeselarestraat 198560 WevelgemGround area
1,072 m²
Building footprint
471 m²
Volume, LiDAR
2,910 m³
2 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M-T-M
since 20232.344.190.981
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34302B0484/00M008 | Flanders | 695 m² | 1 · 261 m² | 9.5 m · 2 fl. |
| 34302B0660/00M000 | Flanders | 377 m² | 1 · 210 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteWevelgem2.344.190.981
Similar companies · same sector, comparable size
WILOMA
BE 1024.947.134
Roeselare · Eq €9k
TILT
BE 1003.940.694
Mechelen · Eq €9k
HWNV
BE 0834.030.051
Pelt · Eq €9k
Clifa
BE 0427.032.107
Affligem · Eq €9k
PLANETE
BE 0541.460.631
Brussel · Eq €9k
Of 14,028 companies in sector 56301 we hold annual accounts for 4,893. 3,424 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-03-2023
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
46190Agents in non-specialised wholesale trade
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0479/04.50.03