M-Technics
ActiveSummary
M-Technics has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €222,287 and a net result of -€25,892. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 7900 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2025
Profitability5▼-25
Solvency100▲+31
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 15.62; short-term debt: 6.3% and cash: 84.4% of total assets), and 6.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2025
3 d early
2024
on the day
2023
2 d late
2022
on the day
2021
25 d early
2020
52 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 15 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#2 oldest company in Lint, Construction sector#9 company by equity in Lint, Construction sector
Equity
€222,287▼ 10.4%
2025 · €248,178
Total assets
€237,365▼ 57.9%
2025 · €564,055
Net result
-€25,892
2025 · €609
Working capital
€219,057▼ 10.4%
2025 · €244,484
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252025
Operating result€34,662▼ 38.5%€9,878▼ 71.5%-€1,138€34,385-€25,361-
Net result€26,461within the sector's middle half▼ 49.2%€5,418below the sector's middle half▼ 79.5%-€8,250below the sector's middle half€609below the sector's middle half-€25,892below the sector's middle half-
Equity€295,402above the sector's middle half▲ 9.2%€300,819within the sector's middle half▲ 1.8%€292,569within the sector's middle half▼ 2.7%€248,178within the sector's middle half▼ 15.2%€222,287within the sector's middle half-
Total assets€436,340above the sector's middle half▲ 3.3%€400,874below the sector's middle half▼ 8.1%€382,583below the sector's middle half▼ 4.6%€564,055within the sector's middle half▲ 47.4%€237,365below the sector's middle half-
Debt€140,938▼ 7.2%€100,055▼ 29.0%€90,013▼ 10.0%€315,877▲ 251%€15,078-
Working capital€210,825▲ 14.1%€231,832▲ 10.0%€234,071▲ 1.0%€244,484▲ 4.4%€219,057-
Solvency67.7%above the sector's middle half▲ 3.7pp75.0%above the sector's middle half▲ 7.3pp76.5%above the sector's middle half▲ 1.4pp44.0%within the sector's middle half▼ 32.5pp93.6%above the sector's middle half-
Staff (FTE)2.2▲ 10.0%2.5within the sector's middle half▲ 13.6%1.3below the sector's middle half▼ 48.0%0.9below the sector's middle half▼ 30.8%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2025 as the grey bar beneath
Assets €237,365
Fixed assets
€3,320 ▼ 10.2%
Current assets
€234,045 ▼ 58.2%
Equity and liabilities €237,365
Equity
€222,287 ▼ 10.4%
Debt
€15,078 ▼ 95.2%
Debt's share of the balance-sheet total falls from 56.0% to 6.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€24,986▼
2025 · €34,885
Cash flow
-€25,517▼
2025 · €1,109
Current ratio
15.62▲
2025 · 1.77
Debt to equity
0.07▼
2025 · 1.27
ROE
-11.6%▼
2025 · 0.2%
ROA
-10.9%▼
2025 · 0.1%
Interest coverage
-33.41▼
2025 · 1.31
Debt ≤ 1 year
€14,988▼
2025 · €315,877
Income taxes
€39▼
2025 · €538
Staff costs
€267▼
2025 · €67,743
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,827 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
14%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 5,827 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 | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €19,635 | €0 | €33,452 | - | - |
| Remuneration, social security and pensions62 | €103,128 | €151,488 | €51,439 | €67,743 | €267 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36,463 | €38,743 | €37,576 | €500 | €375 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €960 | €0 | €31,636 | €202 | - | - |
| Other operating charges640/8 | €2,669 | €3,239 | €2,003 | €16,440 | €632 | - |
| Non-recurring operating charges66A | - | - | - | €7 | - | - |
| Gross operating margin9900 | €177,881 | €203,348 | €121,517 | €119,277 | -€24,087 | - |
| Operating profit (loss)9901 | €34,662 | €9,878 | -€1,138 | €34,385 | -€25,361 | - |
| Financial income75/76B | €588 | €449 | €1,584 | €11,658 | €256 | - |
| Recurring financial income75 | €588 | €449 | €1,584 | €5,097 | €256 | - |
| Non-recurring financial income76B | - | - | - | €6,561 | - | - |
| Financial charges65/66B | €4,839 | €4,500 | €3,323 | €44,896 | €748 | - |
| Recurring financial charges65 | €4,839 | €4,500 | €3,323 | €26,709 | €748 | - |
| Non-recurring financial charges66B | - | - | - | €18,187 | - | - |
| Profit (loss) for the period before taxes9903 | €30,410 | €5,826 | -€2,877 | €1,147 | -€25,853 | - |
| Income taxes67/77 | €3,949 | €409 | €5,374 | €538 | €39 | - |
| Profit (loss) for the period9904 | €26,461 | €5,418 | -€8,250 | €609 | -€25,892 | - |
| Transfer from tax-exempt reserves789 | €31,800 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €58,261 | €5,418 | -€8,250 | €609 | -€25,892 | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €436,340 | €400,874 | €382,583 | €564,055 | €237,365 | - |
| Fixed assets21/28 | €109,859 | €74,077 | €58,498 | €3,695 | €3,320 | - |
| Intangible fixed assets21 | €1,447 | €727 | €7 | €0 | - | - |
| Tangible fixed assets22/27 | €108,412 | €73,349 | €58,491 | €3,695 | €3,320 | - |
| Plant, machinery and equipment23 | €30,304 | €23,096 | €15,888 | €0 | - | - |
| Furniture and vehicles24 | €13,988 | €8,679 | €17,764 | €0 | - | - |
| Other tangible fixed assets26 | €64,120 | €41,574 | €24,839 | €3,695 | €3,320 | - |
| Current assets29/58 | €326,481 | €326,798 | €324,084 | €560,361 | €234,045 | - |
| Stocks and contracts in progress3 | €166,895 | €204,502 | €143,879 | €0 | - | - |
| Stocks30/36 | €166,895 | €204,502 | €143,879 | €0 | - | - |
| Amounts receivable within one year40/41 | €119,930 | €60,465 | €109,060 | €395,282 | €31,558 | - |
| Trade receivables40 | €119,261 | €37,108 | €79,242 | €349,960 | €27,198 | - |
| Other amounts receivable41 | €670 | €23,357 | €29,818 | €45,322 | €4,360 | - |
| Cash at bank and in hand54/58 | €33,718 | €59,787 | €68,570 | €161,718 | €200,257 | - |
| Deferred charges and accrued income490/1 | €5,938 | €2,044 | €2,575 | €3,361 | €2,230 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €436,340 | €400,874 | €382,583 | €564,055 | €237,365 | - |
| Equity10/15 | €295,402 | €300,819 | €292,569 | €248,178 | €222,287 | - |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | - |
| Reserves13 | €271,860 | €271,860 | €271,860 | €226,860 | €226,860 | - |
| Non-distributable reserves130/1 | €1,860 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €0 | - | - | - | - |
| Distributable reserves133 | €270,000 | €271,860 | €271,860 | €226,860 | €226,860 | - |
| Profit (loss) carried forward14 | €4,942 | €10,359 | €2,109 | €2,718 | -€23,173 | - |
| Amounts payable17/49 | €140,938 | €100,055 | €90,013 | €315,877 | €15,078 | - |
| Amounts payable after more than one year17 | €25,282 | €5,089 | €0 | - | - | - |
| Financial debts170/4 | €25,282 | €5,089 | €0 | - | - | - |
| Amounts payable within one year42/48 | €115,656 | €94,966 | €90,013 | €315,877 | €14,988 | - |
| Current portion of amounts payable after more than one year42 | €19,935 | €20,193 | €5,089 | €0 | - | - |
| Trade debts44 | €31,848 | €42,038 | €54,625 | €56,900 | €14,228 | - |
| Suppliers440/4 | €31,848 | €42,038 | €54,625 | €56,900 | €14,228 | - |
| Advances received on contracts in progress46 | - | - | - | €200,000 | - | - |
| Taxes, remuneration and social security45 | €32,757 | €32,735 | €30,300 | €13,977 | €644 | - |
| Taxes450/3 | €19,263 | €11,238 | €26,753 | €13,977 | €644 | - |
| Remuneration and social security454/9 | €13,494 | €21,497 | €3,547 | €0 | - | - |
| Other amounts payable47/48 | €31,116 | €0 | - | €45,000 | €116 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €90 | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,461 | €5,418 | -€8,250 | €609 | -€25,892 | - |
| + Depreciation and write-downs630 | €36,463 | €38,743 | €37,576 | €500 | €375 | - |
| Operating cash flow (approximation) | €62,924 | €44,160 | €29,326 | €1,109 | -€25,517 | - |
| Investment in fixed assets (approximation) | - | -€2,960 | -€21,998 | €54,304 | - | - |
| Change in cash | - | €26,069 | €8,783 | €93,148 | - | - |
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
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity times 9current ratio 15.62
Current ratio from 1.77 to 15.62; short-term debt falls from €315,877 to €14,988.
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Back to profitnet €609
Net result €609 after one loss-making year.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
02-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 2 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
06-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Highest result since 2019net €52,047 ▲428%
Operating result €56,389, net result €52,047, both a record.
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Back to profitnet €9,853
Net result €9,853 after one loss-making year.
2019
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
11-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Lint · 1 establishment unit since 1990
Ground area
1,002 m²
Building footprint
175 m²
Volume, LiDAR
982 m³
Parcel 11025C0530/00L000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M-Technics
since 19902.049.345.427
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11025C0530/00L000 | Flanders | 1,002 m² | 1 · 175 m² | 8.0 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 1,785 EUR awarded · 1,785 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 1,785 EUR |
| 2022 | 1 | 1,785 EUR | 0 EUR |
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Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 8,107 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-06-1990
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
93129Activities of other sports clubs
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441181140
Also
9925:BE0441181140
Registered
12-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.