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BE 0680.860.321Private limited company (pre-2019)Open bankruptcy
M-TEC
Marcus Gerardsstraat 12 ·8380 Brugge, Belgium· 8 yrs active
Sector: NACE 25530
(25530)
Conclusion
A bankruptcy procedure is open for M-TEC according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €365k and a net result of €-46k.
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €365k |
| Net result | €-46k |
| Staff (FTE) | 5.6 |
| Better than sector | 23% |
Snowflake analysis
12
/ 100
Fragile profile, watch health in particular.
Health
0
Profitability
0
Solvency
10
Growth
52
Stability
0
Bankruptcy probability (12 mo)
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
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview
Annual accounts filed on 10-09-2021 with the NBB · fiscal year 2020 · micro
Sector comparison
Fiscal year 2020 · NACE 25 · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 13.2% | 40.7% | |
| Net result | €-58k | €13k | |
| Equity | €365k | €64k | |
| Gross operating margin | €368k | €66k | |
| Employees (FTE) | 5.6 | 2.0 |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€78k
-41.2%
-67% vs sector
€-46k
-
far below sector median
€28k
-67.4%
-84% vs sector
€2.76M
+3.2%
+140% vs sector
€365k
-14.5%
-37% vs sector
€-343k
-3.0%
far below sector median
6
+14.3%
-13% vs sector
€8k
+222.0%
-73% vs sector
€2.40M
+6.6%
far above sector median
€790k
+29.3%
+113% vs sector
€1.61M
-1.9%
far above sector median
0.57
+24.3%
-76% vs sector
0.38
+85.2%
-78% vs sector
13.2%
-17.2%
-78% vs sector
4.41
+14.7%
far above sector median
-12.5%
-
far below sector median
-1.7%
-
far below sector median
Figures by fiscal year
| Fiscal year | 2020 |
|---|---|
| Revenue | - |
| EBITDA | €78k |
| Net profit | €-46k |
| Cash flow | €28k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €2.76M |
| Equity | €365k |
| Debt | €2.40M |
| of which ≤ 1y | €790k |
| of which > 1y | €1.61M |
| Working capital | €-343k |
| Employees (FTE) | 5.6 |
Ratios (computed)
| 2020 | |
|---|---|
| Current ratio | 0.57 |
| Quick ratio | 0.38 |
| Working capital ratio | -12.4% |
| Solvency | 13.2% |
| Debt / equity | 4.41 |
| Long-term debt ratio | 4.41 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -1.7% |
| ROE | -12.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2020 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.76M |
| Fixed assets | 21/28 | €2.32M |
| Tangible fixed assets | 22/27 | €2.32M |
| Financial fixed assets | 28 | €710 |
| Current assets | 29/58 | €447k |
| Stocks & contracts in progress | 3 | €147k |
| Amounts receivable within one year | 40/41 | €117k |
| Investments | 50/53 | €20k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.76M |
| Equity | 10/15 | €365k |
| Accumulated profits (losses) | 14 | €-46k |
| Amounts payable | 17/49 | €2.40M |
| Amounts payable after one year | 17 | €1.61M |
| Amounts payable within one year | 42/48 | €790k |
| Trade debts payable within one year | 44 | €292k |
| Income statement | ||
| Gross operating margin | 9900 | €368k |
| Operating result | 9901 | €4k |
| Financial income | 75 | €275 |
| Financial charges | 65 | €62k |
| Result before taxes | 9903 | €-58k |
| Net result for the period | 9904 | €-58k |
| Result to be appropriated | 9905 | €-58k |
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | SABRINA CLAESSENS TULPENSTRAAT 9, 8370 BLAN-
KENBERGE |
20-06-2022 → present | Belgian State Gazette |
Legal Structure
| NACE primary | 25530 |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 08-09-2017 |
| Status | Active |
| Postal code | 8380 |
| First BS signal | 24-06-2022 |
| Latest BS signal | 24-06-2022 |
Company structure, linked entities
Mandates
Establishment units
A-CONSTRUCT - HELITEC - MODULOODS
since 20172.268.716.271
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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. |
|---|---|---|---|---|
| 31812P0335/00V000 | Flanders | 1.3 ha | 1 · 3,191 m² | 10.1 m · 3 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
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2022
24-06-2022
Bankruptcy
Opening
2021
10-09-2021
NBB filing
Annual accounts filed
2020
23-07-2020
NBB filing
Annual accounts filed
2019
12-07-2019
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
24-06-2022
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Verspanend bewerken van metalen25530Verspanend bewerken van metalen25620
Primary activity highlighted.
Names & trade names
| Legal nameNL | M-TEC |
Registered office
Marcus Gerardsstraat 12
8380 Brugge, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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