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M-Tanks

Active
Public limited companyfounded 199926 yrs activeTheo Coertjenslaan 15, 2960 Brecht, BelgiumKBO/BCE: BE 0467.636.208
Summary

M-Tanks has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €820,564 and a net result of €1,061. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 30% of 1215 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25220NACE 25290Manufacture of machinery and equipment not elsewhere classified NACE 28210
1 site
Size
€2.7mtotal assets 2025
Staff
3.1 FTE
Equity
€820,564
Profit
€1,061
Turnover not published (abridged schema)
Financial health
85 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Structure
Parent
Matthysen Groep · 100%
Accounts on time0 of 6 deeds read
Why 85- Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)+ Figures for FY 2025 (filed 05-05-2026)+ Size: 3.1 FTE, total assets €2.7m+ Founded in 1999Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Better than 31% of its sector peers (NACE 25, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 55=
equity 30.1% of total assets
Liquidity 42-1
short-term debt 28.6% · cash 2.8%
Profitability 62-16
return on assets 0.0%
Bankruptcy probability, 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 0.5% (3,693 companies)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● 0.0% vs 11-2024 01-2025: 0.5%▲ +10.3% vs 12-2024 02-2025: 0.3%▼ -43.7% vs 01-2025 03-2025: 0.3%▲ +2.3% vs 02-2025 04-2025: 0.4%▲ +37.2% vs 03-2025 05-2025: 0.8%▲ +80.7% vs 04-2025 06-2025: 0.3%▼ -61.6% vs 05-2025 07-2025: 0.3%● 0.0% vs 06-2025 08-2025: 0.3%● 0.0% vs 07-2025 09-2025: 0.3%● 0.0% vs 08-2025 10-2025: 0.3%● 0.0% vs 09-2025 11-2025: 0.3%● 0.0% vs 10-2025 12-2025: 0.3%▲ +18.4% vs 11-2025 01-2026: 0.4%▲ +13.5% vs 12-2025 02-2026: 0.4%▲ +3.0% vs 01-2026 03-2026: 0.4%▲ +1.5% vs 02-2026 04-2026: 0.6%▲ +34.6% vs 03-2026 05-2026: 0.9%▲ +70.0% vs 04-2026highest value 06-2026: 0.2%▼ -74.1% vs 05-2026lowest value 07-2026: 0.2%● 0.0% vs 06-2026lowest value 08-2026: 0.2%● 0.0% vs 07-2026lowest value 09-2026: 0.2%● 0.0% vs 08-2026lowest value 10-2026: 0.2%● 0.0% vs 09-2026lowest value
  • Figures for FY 2025 (filed 05-05-2026) lowers the probability
  • Size: 3.1 FTE, total assets €2.7m lowers the probability for this profile
  • Founded in 1999 lowers the probability for this profile
  • Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25) raises the probability
Credit up to €65,000 at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.4 in 2024; short-term debt: 28.6% and cash: 2.8% of total assets), and 69.9% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 25, micro). Better than this share of them on solvency 33%, liquidity 31%, profitability 30%, growth against the median 31%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Figures for FY 2025 (filed 05-05-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Size: 3.1 FTE, total assets €2.7m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 1999
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
In the bankruptcy model this factor raises the probability.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
44 d early
2021
40 d early
2020
28 d early
2019
48 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 23 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 30 April (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close06-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Weakest financial yearnet €1,061 ▼99.5%
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Caution: Result fell in 2025from €202,498 to €1,061 ▼ 99.5% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by Matthysen Groep 100% View
  • Positive: 7 profitable years in a rowprofit 2025: €1,061 7 years View
  • Flemish supportawarded 2022 - 2025 €231,501 View

By topic

Financials

Fiscal year
2025
Total assets
€2.7m
Profit
€1,061
Solvency
30.1%
Total assets▼ 3.3%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 30-04-2027
  1. 30-04-2026Annual accounts filed
  2. 30-09-2025Weakest financial year
  3. 30-04-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of fabricated metal products, except machinery and…NACE 25220
Founded
30-11-1999
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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