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MBtech

Active
Private limited companyfounded 2025active for 1 yearBeulk 95, 2275 Lille, BelgiumKBO/BCE: BE 1027.416.971
Summary

MBtech has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,198 and a net result of €8,031. Its solvency ranks better than 39% of 34,483 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Financials · financial year 2025, micro format

Equity
€10,198
Total assets
€27,563
Net result
€8,031
Working capital
€9,033

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €27,563
Fixed assets €1,166
Current assets €26,397
Equity and liabilities €27,563
Equity €10,198
Debt €17,364
Debt finances 63.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€10,209
Cash flow
€8,129
Current ratio
1.52
Quick ratio
1.46
Debt to equity
1.70
ROE
78.8%
ROA
29.1%
Interest coverage
over 100
Debt ≤ 1 year
€17,364
Income taxes
€2,025

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,280 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
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€27,563
Fixed assets21/28€1,166
Tangible fixed assets22/27€1,166
Plant, machinery and equipment23€1,166
Current assets29/58€26,397
Stocks and contracts in progress3€1,022
Stocks30/36€1,022
Amounts receivable within one year40/41€4,133
Trade receivables40€2,886
Other amounts receivable41€1,247
Cash at bank and in hand54/58€20,828
Deferred charges and accrued income490/1€413
Equity and liabilities
Total equity and liabilities10/49€27,563
Equity10/15€10,198
Contributions10/11€3,000
Profit (loss) carried forward14€7,198
Amounts payable17/49€17,364
Amounts payable within one year42/48€17,364
Trade debts44€9,843
Suppliers440/4€9,843
Taxes, remuneration and social security45€4,525
Taxes450/3€2,025
Remuneration and social security454/9€2,500
Other amounts payable47/48€2,996
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€98
Other operating charges640/8€189
Gross operating margin9900€10,399
Operating profit (loss)9901€10,111
Financial income75/76B€43
Recurring financial income75€43
Financial charges65/66B€98
Recurring financial charges65€98
Profit (loss) for the period before taxes9903€10,056
Income taxes67/77€2,025
Profit (loss) for the period9904€8,031
Profit (loss) for the period to be appropriated9905€8,031
Appropriation of the result
Profit (loss) to be appropriated9906€8,031
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€98
Other operating charges640/8€189
Gross operating margin9900€10,399
Operating profit (loss)9901€10,111
Financial income75/76B€43
Recurring financial income75€43
Financial charges65/66B€98
Recurring financial charges65€98
Profit (loss) for the period before taxes9903€10,056
Income taxes67/77€2,025
Profit (loss) for the period9904€8,031
Profit (loss) for the period to be appropriated9905€8,031
Line2025
Assets
Total assets20/58€27,563
Fixed assets21/28€1,166
Tangible fixed assets22/27€1,166
Plant, machinery and equipment23€1,166
Current assets29/58€26,397
Stocks and contracts in progress3€1,022
Stocks30/36€1,022
Amounts receivable within one year40/41€4,133
Trade receivables40€2,886
Other amounts receivable41€1,247
Cash at bank and in hand54/58€20,828
Deferred charges and accrued income490/1€413
Equity and liabilities
Total equity and liabilities10/49€27,563
Equity10/15€10,198
Contributions10/11€3,000
Profit (loss) carried forward14€7,198
Amounts payable17/49€17,364
Amounts payable within one year42/48€17,364
Trade debts44€9,843
Suppliers440/4€9,843
Taxes, remuneration and social security45€4,525
Taxes450/3€2,025
Remuneration and social security454/9€2,500
Other amounts payable47/48€2,996
Line2025
Profit (loss) for the period9904€8,031
+ Depreciation and write-downs630€98
Operating cash flow (approximation)€8,129

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 04-06-2026 2026-00136935

Similar companies · same sector, comparable size

Of the 9,465 active companies whose main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222), figures are known for 5,701. 2,609 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.