M&T SOLUTIONS
ActiveSummary
M&T SOLUTIONS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €581,103 and a net result of €43,776. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 94% of 7201 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▼-3
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 22.43 against 34.15 in 2024; short-term debt: 4.5% and cash: 97.7% of total assets), and 4.5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
95.5%
Return on assets
7.2%
Age of the figures
9 mo
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
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
41 d early
2023
19 d early
2022
11 d early
2021
48 d early
2020
15 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 1 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€581,103▲ 8.1%
2024 · €537,327
Total assets
€608,223▲ 9.9%
2024 · €553,534
Net result
€43,776▼ 19.8%
2024 · €54,612
Working capital
€581,103▲ 8.1%
2024 · €537,327
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€53,216▲ 2.7%€45,938▼ 13.7%€66,180▲ 44.1%€75,079▲ 13.4%€58,887▼ 21.6%
Net result€37,960within the sector's middle half▲ 1.8%€32,357within the sector's middle half▼ 14.8%€48,283above the sector's middle half▲ 49.2%€54,612above the sector's middle half▲ 13.1%€43,776within the sector's middle half▼ 19.8%
Equity€441,791above the sector's middle half▲ 9.4%€474,148above the sector's middle half▲ 7.3%€522,431above the sector's middle half▲ 10.2%€537,327above the sector's middle half▲ 2.9%€581,103above the sector's middle half▲ 8.1%
Total assets€466,630above the sector's middle half▲ 7.7%€498,708above the sector's middle half▲ 6.9%€534,852above the sector's middle half▲ 7.2%€553,534above the sector's middle half▲ 3.5%€608,223above the sector's middle half▲ 9.9%
Debt€24,838▼ 15.8%€24,559▼ 1.1%€12,421▼ 49.4%€16,207▲ 30.5%€27,120▲ 67.3%
Working capital€432,995above the sector's middle half▲ 7.5%€468,622above the sector's middle half▲ 8.2%€519,738above the sector's middle half▲ 10.9%€537,327above the sector's middle half▲ 3.4%€581,103above the sector's middle half▲ 8.1%
Solvency94.7%above the sector's middle half▲ 1.5pp95.1%above the sector's middle half▲ 0.4pp97.7%above the sector's middle half▲ 2.6pp97.1%above the sector's middle half▼ 0.6pp95.5%above the sector's middle half▼ 1.5pp
Current ratio18.43above the sector's middle half▲ 3.7820.08above the sector's middle half▲ 1.6542.84above the sector's middle half▲ 22.7634.15above the sector's middle half▼ 8.6922.43above the sector's middle half▼ 11.73
Return on assets (ROA)8.1%within the sector's middle half▼ 0.5pp6.5%within the sector's middle half▼ 1.6pp9.0%within the sector's middle half▲ 2.5pp9.9%within the sector's middle half▲ 0.8pp7.2%within the sector's middle half▼ 2.7pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €608,223
Equity
€581,103 ▲ 8.1%
Debt
€27,120 ▲ 67.3%
Debt's share of the balance-sheet total rises from 2.9% to 4.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€58,887▼
2024 · €77,773
Cash flow
€43,776▼
2024 · €57,306
Debt to equity
0.05▲
2024 · 0.03
ROE
7.5%▼
2024 · 10.2%
Interest coverage
399.24▲
2024 · 168.45
Debt ≤ 1 year
€27,120▲
2024 · €16,207
Income taxes
€17,519▼
2024 · €22,210
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €725 | €3,270 | €2,833 | €2,694 | €0 | ▼ 100% |
| Other operating charges640/8 | €184 | €58 | €0 | €184 | €65 | ▼ 64.5% |
| Gross operating margin9900 | €54,126 | €49,266 | €69,013 | €77,956 | €58,953 | ▼ 24.4% |
| Operating profit (loss)9901 | €53,216 | €45,938 | €66,180 | €75,079 | €58,887 | ▼ 21.6% |
| Financial income75/76B | - | €2 | €1,218 | €2,205 | €2,555 | ▲ 15.9% |
| Recurring financial income75 | - | €2 | €1,218 | €2,205 | €2,555 | ▲ 15.9% |
| Financial charges65/66B | €134 | €218 | €172 | €462 | €148 | ▼ 68.1% |
| Recurring financial charges65 | €134 | €218 | €172 | €462 | €148 | ▼ 68.1% |
| Profit (loss) for the period before taxes9903 | €53,082 | €45,722 | €67,226 | €76,822 | €61,295 | ▼ 20.2% |
| Income taxes67/77 | €15,122 | €13,365 | €18,943 | €22,210 | €17,519 | ▼ 21.1% |
| Profit (loss) for the period9904 | €37,960 | €32,357 | €48,283 | €54,612 | €43,776 | ▼ 19.8% |
| Profit (loss) for the period to be appropriated9905 | €37,960 | €32,357 | €48,283 | €54,612 | €43,776 | ▼ 19.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €466,630 | €498,708 | €534,852 | €553,534 | €608,223 | ▲ 9.9% |
| Fixed assets21/28 | €8,797 | €5,527 | €2,694 | €0 | - | - |
| Tangible fixed assets22/27 | €8,797 | €5,527 | €2,694 | €0 | - | - |
| Furniture and vehicles24 | €8,360 | €5,527 | €2,694 | €0 | - | - |
| Other tangible fixed assets26 | €437 | €0 | - | - | - | - |
| Current assets29/58 | €457,833 | €493,181 | €532,159 | €553,534 | €608,223 | ▲ 9.9% |
| Amounts receivable within one year40/41 | €10,441 | €17,427 | €12,583 | €10,473 | €14,271 | ▲ 36.3% |
| Trade receivables40 | €2,541 | €3,241 | €11,161 | €9,051 | €7,299 | ▼ 19.4% |
| Other amounts receivable41 | €7,900 | €14,186 | €1,422 | €1,422 | €6,971 | ▲ 390% |
| Cash at bank and in hand54/58 | €446,934 | €475,754 | €518,510 | €543,061 | €593,952 | ▲ 9.4% |
| Deferred charges and accrued income490/1 | €458 | €0 | €1,066 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €466,630 | €498,708 | €534,852 | €553,534 | €608,223 | ▲ 9.9% |
| Equity10/15 | €441,791 | €474,148 | €522,431 | €537,327 | €581,103 | ▲ 8.1% |
| Contributions10/11 | €52,117 | €52,117 | €52,117 | €12,400 | €12,400 | = |
| Reserves13 | €335,050 | €367,050 | €412,050 | €466,050 | €509,050 | ▲ 9.2% |
| Non-distributable reserves130/1 | €5,832 | €5,832 | €0 | - | - | - |
| Reserves not available under the articles1311 | €5,832 | €5,832 | €0 | - | - | - |
| Distributable reserves133 | €329,218 | €361,218 | €412,050 | €466,050 | €509,050 | ▲ 9.2% |
| Profit (loss) carried forward14 | €54,625 | €54,982 | €58,264 | €58,877 | €59,653 | ▲ 1.3% |
| Amounts payable17/49 | €24,838 | €24,559 | €12,421 | €16,207 | €27,120 | ▲ 67.3% |
| Amounts payable within one year42/48 | €24,838 | €24,559 | €12,421 | €16,207 | €27,120 | ▲ 67.3% |
| Trade debts44 | €185 | €99 | €267 | €150 | €1,085 | ▲ 624% |
| Suppliers440/4 | €185 | €99 | €267 | €150 | €1,085 | ▲ 624% |
| Taxes, remuneration and social security45 | €2,061 | €2,046 | €1,022 | €6,510 | €9,386 | ▲ 44.2% |
| Taxes450/3 | €2,061 | €2,046 | €1,022 | €4,010 | €6,886 | ▲ 71.7% |
| Remuneration and social security454/9 | - | - | - | €2,500 | €2,500 | = |
| Other amounts payable47/48 | €22,592 | €22,415 | €11,132 | €9,548 | €16,650 | ▲ 74.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,960 | €32,357 | €48,283 | €54,612 | €43,776 | ▼ 19.8% |
| + Depreciation and write-downs630 | €725 | €3,270 | €2,833 | €2,694 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €38,685 | €35,627 | €51,116 | €57,306 | €43,776 | ▼ 23.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - |
| Change in cash | - | €28,820 | €42,756 | €24,551 | €50,891 | ▲ 107% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €54,612 ▲13.1%
Operating result €75,079, net result €54,612, both a record.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 42.84
Current ratio from 20.08 to 42.84; short-term debt falls from €24,559 to €12,421.
31-12
Financial
Equity above €500,000Eq €522,431 ▲10.2%
6 profitable years in a row build equity to €522,431.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €32,357 ▼14.8%
Net result drops to €32,357, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 14.07
Current ratio from 6.75 to 14.07; short-term debt falls from €56,260 to €28,044.
Show earlier events
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2010
Ground area
119 m²
Building footprint
84 m²
Volume, LiDAR
493 m³
Parcel 24483E0208/00E012, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M&T SOLUTIONS
since 2010unit no. 2.186.550.343
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24483E0208/00E012 | Flanders | 119 m² | 1 · 84 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 808 companies in this sector we hold annual accounts for 281. 175 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded12-03-2010
Fiscal year end31-12
Activities, NACEBEL 2025
73120Media representation
85510Sports and recreation education
85599Other education
93199Other sports activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0823966993
Also
9925:BE0823966993
Registered
12-11-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.