MExT HOLDING

Active

Public limited companyfounded 20179 yrs activeIndustrieweg 1, 8800 Roeselare, BelgiumKBO/BCE: BE 0673.719.042

MExT HOLDING has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €22.84M and a net result of €8.39M. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 74% of 8073 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

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Checked score

Score 2024

93 / 100

Excellent▲ +37 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+68

Solvency90▲+28

Growth78=

Stability100

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2M at 30 days acceptable

Liquidity ample (current ratio 1.56 against 0.45 in 2023), and 21.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

78.1%

Return on assets

28.7%

Age of the figures

20 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

not confirmed

2024

9 d early

2023

17 d late

2022

38 d early

2021

11 d late

2020

32 d early

2019

84 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€22.84M▲ 58.0%

2023 · €14.45M

2018: €10.99M 2019: €11.84M 2020: €12.43M 2021: €13.02M 2022: €13.51M 2023: €14.45M

2018 → 2024

Total assets

€29.24M▲ 2.9%

2023 · €28.41M

2018: €30.73M 2019: €30.52M 2020: €29.20M 2021: €28.48M 2022: €28.36M 2023: €28.41M

2018 → 2024

Net result

€8.39M▲ 793%

2023 · €939k

2018: €290k 2019: €848k 2020: €596k 2021: €584k 2022: €494k 2023: €939k

2018 → 2024

Working capital

€543k

2023 · €-847k

2018: €-607k 2019: €-677k 2020: €-135k 2021: €-483k 2022: €-894k 2023: €-847k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€12.43M-€13.02M▲ 4.7%€13.51M▲ 3.8%€14.45M▲ 6.9%€22.84M▲ 58.0%

Operating result€1.51M-€1.44M▼ 4.4%€1.38M▼ 4.3%€1.36M▼ 1.4%€1.66M▲ 22.1%

Net result€596k-€584k▼ 2.0%€494k▼ 15.4%€939k▲ 89.9%€8.39M▲ 793%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 22% above 2023 and is the highest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €29.24M

94.8%

Fixed assets €27.73M=

Current assets €1.52M▲ 122%

Equity and liabilities €29.24M

78.1%

21.9%

Equity €22.84M▲ 58.0%

Debt €6.40M▼ 54.1%

The debt ratio falls from 49.1% to 21.9%: equity grows while debt is paid down.

Key figures and ratios

2024 value · change against 2023

Solvency

78.1%▲

2023 · 50.9%

Current ratio

1.56▲

2023 · 0.45

Quick ratio

1.56▲

2023 · 0.45

Debt / equity

0.28▼

2023 · 0.97

ROE

36.7%▲

2023 · 6.5%

ROA

28.7%▲

2023 · 3.3%

Debt

€6.40M▼

2023 · €13.96M

Debt ≤ 1 year

€974k▼

2023 · €1.53M

Debt > 1 year

€5.43M▼

2023 · €12.23M

Income taxes

€331k▲

2023 · €147k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€28.41M€29.24M▲

Fixed assets21/28€27.73M€27.73M=

Financial fixed assets28€27.73M€27.73M=

Current assets29/58€683k€1.52M▲

Amounts receivable within one year40/41€208k€762k▲

Trade receivables40€193k€344k▲

Other amounts receivable41€15k€418k▲

Cash at bank and in hand54/58€475k€754k▲

Equity and liabilities

Total equity and liabilities10/49€28.41M€29.24M▲

Equity10/15€14.45M€22.84M▲

Contributions10/11€10.70M€10.70M=

Capital10€10.70M€10.70M=

Issued capital100€10.70M€10.70M=

Reserves13€3.75M€12.14M▲

Non-distributable reserves130/1€188k€607k▲

Legal reserve130€188k€607k▲

Distributable reserves133€3.56M€11.53M▲

Amounts payable17/49€13.96M€6.40M▼

Amounts payable after more than one year17€12.23M€5.43M▼

Financial debts170/4€12.23M€5.43M▼

Amounts payable within one year42/48€1.53M€974k▼

Current portion of amounts payable after more than one year42€929k€571k▼

Trade debts44€43k€20k▼

Suppliers440/4€43k€20k▼

Taxes, remuneration and social security45€59k€382k▲

Taxes450/3€59k€382k▲

Other amounts payable47/48€500k-

Accrued charges and deferred income492/3€200k-

Income statement Code20232024

Other operating charges640/8€114k€2k▼

Gross operating margin9900€1.47M€1.66M▲

Operating profit (loss)9901€1.36M€1.66M▲

Financial income75/76B€570k€7.56M▲

Recurring financial income75€570k€7.56M▲

Financial charges65/66B€844k€498k▼

Recurring financial charges65€844k€498k▼

Profit (loss) for the period before taxes9903€1.09M€8.72M▲

Income taxes67/77€147k€331k▲

Profit (loss) for the period9904€939k€8.39M▲

Profit (loss) for the period to be appropriated9905€939k€8.39M▲

Appropriation of the result

Profit (loss) to be appropriated9906€939k€8.39M▲

Transfer to equity691/2€939k€8.39M▲

To the legal reserve6920€47k€419k▲

To other reserves6921€892k€7.97M▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 9Financial 2Filings 7

2025

22-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Highest result since 2018net €8.39M ▲793%

Net result €8.39M, the highest in the series.

31-12

Financial Liquidity triplescurrent ratio 1.56

Current ratio from 0.45 to 1.56; short-term debt falls from €1.53M to €974k.

17-08

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 17 days late

2023

23-06

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

11-08

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 11 days late

2021

29-06

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

23-10

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 84 days late

2019

24-06

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

13 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, Roeselare · 1 establishment unit since 2017

establishment The establishment unit on the map

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.

Industrieweg 18800 Roeselare

Ground area

1.0 ha

Building footprint

4,764 m²

Volume, LiDAR

40,508 m³