M-Tech Services
Open bankruptcyA bankruptcy procedure is open for M-Tech Services according to publications in the Belgian State Gazette; curator: NICK PEETERS. The 2023 annual accounts show negative equity (€-6k) and a net result of €-41k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-05-2024, 68 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
68 d early
2022
298 d late
2021
218 d late
2020
31 d late
2019
192 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€-6k
2022 · €35k
2018: €7k
2019: €10k
2020: €17k
2021: €42k
2022: €35k
2018 → 2023
Total assets
€17k▼ 70.1%
2022 · €58k
2018: €7k
2019: €13k
2020: €24k
2021: €55k
2022: €58k
2018 → 2023
Net result
€-41k
2022 · €28k
2018: €2k
2019: €4k
2020: €7k
2021: €24k
2022: €28k
2018 → 2023
Working capital
€-6k
2022 · €28k
2018: €7k
2019: €7k
2020: €6k
2021: €31k
2022: €28k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€10k-€17k▲ 67.7%€42k▲ 140%€35k▼ 16.0%€-6k
Operating result€4k-€7k▲ 93.2%€26k▲ 258%€39k▲ 48.0%€-41k
Net result€4k-€7k▲ 85.6%€24k▲ 246%€28k▲ 17.1%€-41k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €41k after €39k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €17k
Fixed assets
€350▼ 95.2%
Current assets
€17k▼ 66.5%
Key figures and ratios
EBITDA
€-37k▼
2022 · €43k
Cash flow
€-37k▼
2022 · €33k
Solvency
-35.0%▼
2022 · 60.1%
Current ratio
0.73▼
2022 · 2.20
Quick ratio
0.73▼
2022 · 2.20
Debt / equity
-3.85▼
2022 · 0.66
ROA
-236.0%▼
2022 · 48.8%
Debt
€24k▲
2022 · €23k
Debt ≤ 1 year
€24k▲
2022 · €23k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€58k€17k▼
Fixed assets21/28€7k€350▼
Tangible fixed assets22/27€7k€350▼
Plant, machinery and equipment23€2k€53▼
Furniture and vehicles24€5k€297▼
Current assets29/58€51k€17k▼
Amounts receivable within one year40/41€45k€17k▼
Trade receivables40€17k€17k=
Other amounts receivable41€28k-
Cash at bank and in hand54/58€6k€0▼
Equity and liabilities
Total equity and liabilities10/49€58k€17k▼
Equity10/15€35k€-6k▼
Contributions10/11€35k€35k=
Capital10€35k€35k=
Issued capital100€35k€35k=
Profit (loss) carried forward14-€-41k
Amounts payable17/49€23k€24k▲
Amounts payable within one year42/48€23k€24k▲
Trade debts44€3k€940▼
Suppliers440/4€3k€940▼
Taxes, remuneration and social security45€20k€15k▼
Taxes450/3€20k€15k▼
Other amounts payable47/48-€7k
Income statement
Code20222023
Remuneration, social security and pensions62€6k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€2k-
Non-recurring operating charges66A-€2k
Gross operating margin9900€51k€-34k▼
Operating profit (loss)9901€39k€-41k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€789-
Recurring financial charges65€789-
Profit (loss) for the period before taxes9903€38k€-41k▼
Income taxes67/77€9k-
Profit (loss) for the period9904€28k€-41k▼
Profit (loss) for the period to be appropriated9905€28k€-41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€-41k▼
Transfer from equity791/2€7k-
Profit to be distributed694/7€35k-
Return on contributions (dividend)694€35k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
18-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · M-TECH SERVICES BVBA DENDERMONDESTRAAT 44, 2018 ANTWERPEN 1 · event 12-09-2024
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 298 days late
2023
31-12
Financial
Weakest financial yearnet €-41k ▼245%
Net result drops to €-41k, the lowest in the series.
06-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 218 days late
2022
31-12
Financial
Highest result since 2018net €28k ▲17.1%
Operating result €39k, net result €28k, both a record.
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
08-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 192 days late
2019
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 49 days late
27-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 300 days late
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
09-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are 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, Antwerpen · 1 establishment unit since 2013
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.
Dendermondestraat 442018 AntwerpenGround area
781 m²
Building footprint
690 m²
Volume, LiDAR
6,016 m³
Parcel 11811L3775/00X000, Flanders · tallest building 16.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sir Express
since 20132.220.586.059
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3775/00X000 | Flanders | 781 m² | 1 · 690 m² | 16.9 m · 2 fl. |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | NICK PEETERS BROEDERMINSTRAAT 9,
2030 ANTWERPEN 3 |
12-09-2024 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-03-2013
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.