Active BE 0553.754.192Private limited companyOpen bankruptcy

M & T SOLUTIONS

Mechelsesteenweg 335 ·2820 Bonheiden, Belgium· 12 yrs active

Sector: Wholesale trade (46140)

Conclusion Checked

A bankruptcy procedure is open for M & T SOLUTIONS according to publications in the Belgian State Gazette. The file additionally contains 1 interim measure. The 2024 annual accounts show negative equity (€-473k) and a net result of €-115k.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€-473k
Net result	€-115k
Staff (FTE)	3
Better than sector	10%

Snowflake analysis 5 axes · computed by Checked

33 / 100

Fragile profile, watch health in particular.

Health 0

Profitability 100

Solvency 33

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

55 / 100

High risk

Components

· 1 interim measure (+5)

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 27-08-2025 with the NBB · fiscal year 2024 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	-28.8%	27.4%	better than 10% of 963 sector peers
Net result	€-115k	€24k	better than 10% of 963 sector peers
Equity	€-473k	€172k	better than 5% of 963 sector peers
Gross operating margin	€300k	€174k	better than 62% of 961 sector peers
Staff costs	€214k	€166k	higher than 57% of 594 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€37k

- +88% vs sector

Net profit

€-115k

+82.4% far below sector median

Cash flow

€-52k

+91.1% far below sector median

Total assets

€1.64M

-8.8% far above sector median

Equity

€-473k

-32.3% far below sector median

Working capital

€-913k

-15.6% far below sector median

Employees (FTE)

3

-63.9% 18-24

Staff costs

€214k

-56.1% 18-24

Income taxes

€207

-84.0% -93% vs sector

Debt

€2.12M

-2.0% far above sector median

Debt ≤ 1y

€1.13M

+0.6% far above sector median

Debt > 1y

€988k

-4.8% far above sector median

Current ratio

0.19

-35.6% -83% vs sector

Quick ratio

0.19

-23.8% -70% vs sector

Solvency

-28.8%

-45.0% far below sector median

Debt / equity

-4.47

+25.9% far below sector median

ROE

24.4%

-86.7% -39% vs sector

ROA

-7.0%

+80.7% far below sector median

Interest coverage

0.41

- -97% vs sector

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	-
EBITDA	€37k
Net profit	€-115k
Cash flow	€-52k
Staff costs	€214k
Income taxes	€207
Dividends	-
Total assets	€1.64M
Equity	€-473k
Debt	€2.12M
of which ≤ 1y	€1.13M
of which > 1y	€988k
Working capital	€-913k
Employees (FTE)	3.0

Ratios (computed)

	2024
Current ratio	0.19
Quick ratio	0.19
Working capital ratio	-55.6%
Solvency	-28.8%
Debt / equity	-4.47
Long-term debt ratio	-2.09
Interest coverage	0.41
Gross margin	-
Net margin	-
ROA	-7.0%
ROE	24.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €1.43M · 87.0% Current assets €214k · 13.0%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.64M
Fixed assets	21/28	€1.43M
Intangible fixed assets	21	€6k
Tangible fixed assets	22/27	€1.42M
Financial fixed assets	28	€1
Current assets	29/58	€214k
Stocks & contracts in progress	3	€5k
Amounts receivable within one year	40/41	€120k
Cash & bank	54/58	€48k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.64M
Equity	10/15	€-473k
Contributions / capital	10/11	€20k
Accumulated profits (losses)	14	€-493k
Amounts payable	17/49	€2.12M
Amounts payable after one year	17	€988k
Amounts payable within one year	42/48	€1.13M
Trade debts payable within one year	44	€559k
Income statement
Gross operating margin	9900	€300k
Operating result	9901	€-27k
Financial income	75	€1k
Financial charges	65	€90k
Result before taxes	9903	€-115k
Income taxes	67/77	€207
Net result for the period	9904	€-115k
Result to be appropriated	9905	€-115k

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Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	LIESBET JACOBS GROENE LAAN 47, 2830 WILLE- BROEK	20-04-2026 → present	Belgian State Gazette

Legal Structure

NACE primary	Wholesale trade(46140)
Legal form	Private limited company(610)
Incorporation	06-06-2014
Status	Active
Postal code	2820
First BS signal	27-03-2026
Latest BS signal	24-04-2026

Company structure, linked entities1 linked entities

Mandates

Establishment units 1 location

M&T Solutions

Mechelsesteenweg 335, 2820 BonheidenVervaardiging van frisdranken en water in flessen

since 20152.243.074.520

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12005D0283/00G004	Flanders	2,706 m²	1 · 571 m²	11.8 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

24-04-2026

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Mechelen · M & T SOLUTIONS BV MECHELSESTEENWEG 335, 2820 BONHEIDEN · event 20-04-2026

27-03-2026

Interim measure Provisional administrator

Ondernemingsrechtbank Antwerpen

2025

27-08-2025