Maintech Solutions
ActiveSummary
The computed 12-month bankruptcy probability of Maintech Solutions is 2.2% (moderate). The 2024 annual accounts show equity of €104k and a net result of €58k. Its solvency ranks better than 70% of 1633 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency89▼-4
Growth78
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.75 against 2.97 in 2023; short-term debt: 34.3% and cash: 48.2% of total assets), and 35.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
57 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€104k▲ 127%
2023 · €46k
2023: €46k
2024: €104k▲ +127% vs 2023
2023 → 2024
Total assets
€162k▲ 140%
2023 · €67k
2023: €67k
2024: €162k▲ +140% vs 2023
2023 → 2024
Net result
€58k▲ 39.2%
2023 · €42k
2023: €42k
2024: €58k▲ +39.2% vs 2023
2023 → 2024
Working capital
€97k▲ 145%
2023 · €40k
2023: €40k
2024: €97k▲ +145% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€46k-€104k▲ 127%
2023: €46k
2024: €104k▲ +127% vs 2023
Operating result€59k-€84k▲ 40.6%
2023: €59k
2024: €84k▲ +40.6% vs 2023
Net result€42k-€58k▲ 39.2%
2023: €42k
2024: €58k▲ +39.2% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 41% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €162k
Fixed assets
€9k ▲ 19.4%
Current assets
€153k ▲ 156%
Equity and liabilities €162k
Equity
€104k ▲ 127%
Debt
€58k ▲ 169%
Debt's share of the balance-sheet total rises from 31.8% to 35.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€85k▲
2023 · €60k
Cash flow
€59k▲
2023 · €43k
Current ratio
2.75▼
2023 · 2.97
Debt to equity
0.55▲
2023 · 0.47
ROE
56.0%▼
2023 · 91.3%
ROA
36.0%▼
2023 · 62.3%
Interest coverage
105.79▼
2023 · 447.64
Debt ≤ 1 year
€56k▲
2023 · €20k
Income taxes
€25k▲
2023 · €17k
Staff costs
€93k▲
2023 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€67k€162k▲
Fixed assets21/28€7k€9k▲
Tangible fixed assets22/27€2k€3k▲
Plant, machinery and equipment23€754€406▼
Furniture and vehicles24€1k€3k▲
Financial fixed assets28€6k€6k=
Current assets29/58€60k€153k▲
Amounts receivable within one year40/41€29k€72k▲
Trade receivables40€22k€68k▲
Other amounts receivable41€7k€4k▼
Cash at bank and in hand54/58€31k€78k▲
Deferred charges and accrued income490/1€415€3k▲
Equity and liabilities
Total equity and liabilities10/49€67k€162k▲
Equity10/15€46k€104k▲
Contributions10/11€4k€4k=
Reserves13€40k€98k▲
Distributable reserves133€40k€98k▲
Profit (loss) carried forward14€2k€2k▲
Amounts payable17/49€21k€58k▲
Amounts payable within one year42/48€20k€56k▲
Trade debts44€12k€25k▲
Suppliers440/4€12k€25k▲
Taxes, remuneration and social security45€8k€22k▲
Taxes450/3€8k€7k▼
Remuneration and social security454/9-€15k
Other amounts payable47/48-€9k
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62€21k€93k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€640€1k▲
Other operating charges640/8€229€394▲
Gross operating margin9900€81k€178k▲
Operating profit (loss)9901€59k€84k▲
Financial income75/76B€104€96▼
Recurring financial income75€104€96▼
Financial charges65/66B€134€800▲
Recurring financial charges65€134€800▲
Profit (loss) for the period before taxes9903€59k€83k▲
Income taxes67/77€17k€25k▲
Profit (loss) for the period9904€42k€58k▲
Profit (loss) for the period to be appropriated9905€42k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€42k€60k▲
Profit (loss) brought forward from the previous period14P-€2k
Transfer to equity691/2€40k€58k▲
To other reserves6921€40k€58k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €21k | €93k | ▲ 349% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €640 | €1k | ▲ 82.4% |
| Other operating charges640/8 | €229 | €394 | ▲ 72.1% |
| Gross operating margin9900 | €81k | €178k | ▲ 120% |
| Operating profit (loss)9901 | €59k | €84k | ▲ 40.6% |
| Financial income75/76B | €104 | €96 | ▼ 8.2% |
| Recurring financial income75 | €104 | €96 | ▼ 8.2% |
| Financial charges65/66B | €134 | €800 | ▲ 497% |
| Recurring financial charges65 | €134 | €800 | ▲ 497% |
| Profit (loss) for the period before taxes9903 | €59k | €83k | ▲ 39.5% |
| Income taxes67/77 | €17k | €25k | ▲ 40.2% |
| Profit (loss) for the period9904 | €42k | €58k | ▲ 39.2% |
| Profit (loss) for the period to be appropriated9905 | €42k | €58k | ▲ 39.2% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €67k | €162k | ▲ 140% |
| Fixed assets21/28 | €7k | €9k | ▲ 19.4% |
| Tangible fixed assets22/27 | €2k | €3k | ▲ 73.2% |
| Plant, machinery and equipment23 | €754 | €406 | ▼ 46.2% |
| Furniture and vehicles24 | €1k | €3k | ▲ 147% |
| Financial fixed assets28 | €6k | €6k | = |
| Current assets29/58 | €60k | €153k | ▲ 156% |
| Amounts receivable within one year40/41 | €29k | €72k | ▲ 150% |
| Trade receivables40 | €22k | €68k | ▲ 206% |
| Other amounts receivable41 | €7k | €4k | ▼ 35.0% |
| Cash at bank and in hand54/58 | €31k | €78k | ▲ 155% |
| Deferred charges and accrued income490/1 | €415 | €3k | ▲ 558% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €67k | €162k | ▲ 140% |
| Equity10/15 | €46k | €104k | ▲ 127% |
| Contributions10/11 | €4k | €4k | = |
| Reserves13 | €40k | €98k | ▲ 145% |
| Distributable reserves133 | €40k | €98k | ▲ 145% |
| Profit (loss) carried forward14 | €2k | €2k | ▲ 15.3% |
| Amounts payable17/49 | €21k | €58k | ▲ 169% |
| Amounts payable within one year42/48 | €20k | €56k | ▲ 176% |
| Trade debts44 | €12k | €25k | ▲ 106% |
| Suppliers440/4 | €12k | €25k | ▲ 106% |
| Taxes, remuneration and social security45 | €8k | €22k | ▲ 170% |
| Taxes450/3 | €8k | €7k | ▼ 12.1% |
| Remuneration and social security454/9 | - | €15k | - |
| Other amounts payable47/48 | - | €9k | - |
| Accrued charges and deferred income492/3 | €1k | €2k | ▲ 59.7% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €42k | €58k | ▲ 39.2% |
| + Depreciation and write-downs630 | €640 | €1k | ▲ 82.4% |
| Operating cash flow (approximation) | €43k | €59k | ▲ 39.8% |
| Investment in fixed assets (approximation) | - | €-3k | - |
| Change in cash | - | €47k | - |
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
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €104k ▲127%
2 profitable years in a row build equity to €104k.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Beerse · 1 establishment unit since 2022
Ground area
535 m²
Building footprint
130 m²
Volume, LiDAR
505 m³
Parcel 13004E0056/00G000, Flanders · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Maintech Solutions
since 20222.338.078.496
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004E0056/00G000 | Flanders | 535 m² | 1 · 130 m² | 5.6 m · 1 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 3,718 companies in sector 33120 we hold annual accounts for 1,344. 1,133 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
Founded17-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
63920Other information service activities
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.