M.T.S.
ActiveM.T.S. has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €261k and a net result of €16k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 92% of 190 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 8.4 against 5.26 in 2024; short-term debt: 10.1% and cash: 71.7% of total assets), and 10.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 27
Relative position
BE, all sectors
reference
Sector 27
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.9%
Return on assets
5.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
30 d late
2023
30 d late
2022
14 d early
2021
34 d early
2020
31 d late
2019
17 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€261k▲ 5.7%
2024 · €247k
2018: €152k
2019: €159k
2020: €146k
2021: €152k
2022: €168k
2023: €224k
2024: €247k
2018 → 2025
Total assets
€291k▲ 0.1%
2024 · €290k
2018: €171k
2019: €194k
2020: €177k
2021: €192k
2022: €221k
2023: €303k
2024: €290k
2018 → 2025
Net result
€16k▼ 41.2%
2024 · €27k
2018: €1k
2019: €6k
2020: €-13k
2021: €6k
2022: €16k
2023: €55k
2024: €27k
2018 → 2025
Working capital
€218k▲ 18.6%
2024 · €184k
2018: €146k
2019: €131k
2020: €144k
2021: €145k
2022: €164k
2023: €216k
2024: €184k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€152k-€168k▲ 10.6%€224k▲ 32.9%€247k▲ 10.4%€261k▲ 5.7%
Operating result€6k-€16k▲ 151%€54k▲ 231%€67k▲ 24.3%€21k▼ 68.9%
Net result€6k-€16k▲ 151%€55k▲ 243%€27k▼ 52.0%€16k▼ 41.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 69% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €291k
Fixed assets
€43k▼ 32.0%
Current assets
€248k▲ 9.0%
Equity and liabilities €291k
Equity
€261k▲ 5.7%
Debt
€29k▼ 31.8%
The debt ratio falls from 14.9% to 10.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€43k▼
2024 · €80k
Cash flow
€38k▼
2024 · €39k
Solvency
89.9%▲
2024 · 85.1%
Current ratio
8.40▲
2024 · 5.26
Quick ratio
8.40▲
2024 · 5.26
Debt / equity
0.11▼
2024 · 0.17
ROE
6.0%▼
2024 · 10.8%
ROA
5.4%▼
2024 · 9.2%
Interest coverage
113.98▼
2024 · 155.19
Debt
€29k▼
2024 · €43k
Debt ≤ 1 year
€29k▼
2024 · €43k
Income taxes
€9k▼
2024 · €41k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€290k€291k▲
Fixed assets21/28€63k€43k▼
Tangible fixed assets22/27€63k€43k▼
Plant, machinery and equipment23-€853
Furniture and vehicles24€62k€41k▼
Other tangible fixed assets26€1k€819▼
Financial fixed assets28€50€50=
Current assets29/58€227k€248k▲
Stocks and contracts in progress3€50€50=
Stocks30/36€50€50=
Amounts receivable within one year40/41€48k€37k▼
Trade receivables40€29k€9k▼
Other amounts receivable41€20k€28k▲
Current investments50/53€100k-
Cash at bank and in hand54/58€77k€208k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€290k€291k▲
Equity10/15€247k€261k▲
Contributions10/11€19k€19k=
Reserves13€28k€44k▲
Distributable reserves133€28k€44k▲
Profit (loss) carried forward14€200k€198k▼
Amounts payable17/49€43k€29k▼
Amounts payable within one year42/48€43k€29k▼
Trade debts44€29k€28k▼
Suppliers440/4€29k€28k▼
Taxes, remuneration and social security45€13k€174▼
Taxes450/3€13k€174▼
Other amounts payable47/48€2k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€22k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-29k-
Other operating charges640/8€7k€921▼
Gross operating margin9900€57k€44k▼
Operating profit (loss)9901€67k€21k▼
Financial income75/76B€1k€4k▲
Recurring financial income75€1k€4k▲
Financial charges65/66B€512€379▼
Recurring financial charges65€512€379▼
Profit (loss) for the period before taxes9903€68k€24k▼
Income taxes67/77€41k€9k▼
Profit (loss) for the period9904€27k€16k▼
Profit (loss) for the period to be appropriated9905€27k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€230k€216k▼
Profit (loss) brought forward from the previous period14P€203k€200k▼
Transfer to equity691/2€27k€16k▼
To other reserves6921€27k€16k▼
Profit to be distributed694/7€3k€2k▼
Return on contributions (dividend)694€3k€2k▼
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €55k ▲243%
Net result €55k, the highest in the series.
31-12
Financial
Equity above €200kEq €224k ▲32.9%
3 profitable years in a row build equity to €224k.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
31-12
Financial
Equity above €150kEq €152k ▲4.4%
Equity rises from €146k to €152k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-13k ▼306%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 372 days late
2017
10-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Pelt · 1 establishment unit since 1998
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.
Voetweg 73900 PeltGround area
772 m²
Building footprint
194 m²
Parcel 72502E0584/00B009, Flanders. Linked by address, not a title deed.
1 establishment unit
Voetweg 7, 3900 Pelt
since 19982.089.702.969
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72502E0584/00B009 | Flanders | 772 m² | 1 · 194 m² | - |
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
Legal Entity Identifier
894500KNUA250CNXIW70
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Of 142 companies in sector 27900 we hold annual accounts for 102. 68 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-10-1998
Fiscal year end31-12
Activities, NACEBEL
27900Manufacture of electrical equipment
31622
Sources
Crossroads Bank for EnterprisesNational Bank · 27 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.