MFTA
ActiveSummary
MFTA has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63k and a net result of €120k. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 52% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency87▲+28
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.48 against 1.44 in 2024; short-term debt: 38.2% and cash: 72.9% of total assets), and 38.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.8%
Return on assets
118.1%
Age of the figures
9 mo
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 23-03-2026, 130 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
130 d early
2024
119 d early
2023
57 d early
2022
60 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€63k=
2024 · €63k
Total assets
€102k▼ 45.6%
2024 · €187k
Net result
€120k▲ 18.4%
2024 · €101k
Working capital
€57k▲ 6.2%
2024 · €54k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€3k-€82k▲ 2,920%€130k▲ 58.6%€155k▲ 19.8%
Net result€2k-€59k▲ 3,014%€101k▲ 73.3%€120k▲ 18.4%
Equity€4k-€63k▲ 1,336%€63k=€63k=
Total assets€27k-€77k▲ 181%€187k▲ 144%€102k▼ 45.6%
Debt€23k-€14k▼ 39.6%€124k▲ 798%€39k▼ 68.7%
Working capital€-8k-€51k€54k▲ 6.6%€57k▲ 6.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 20% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €102k
Fixed assets
€5k ▼ 37.8%
Current assets
€96k ▼ 46.0%
Equity and liabilities €102k
Equity
€63k =
Debt
€39k ▼ 68.7%
Debt's share of the balance-sheet total falls from 66.4% to 38.2%. Debt is lower.
Key figures and ratios
EBITDA
€159k▲
2024 · €133k
Cash flow
€123k▲
2024 · €105k
Current ratio
2.48▲
2024 · 1.44
Debt to equity
0.62▼
2024 · 1.97
ROE
191.0%▲
2024 · 161.2%
ROA
118.1%▲
2024 · 54.2%
Interest coverage
2628.43▲
2024 · 2274.17
Debt ≤ 1 year
€39k▼
2024 · €124k
Income taxes
€35k▲
2024 · €28k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €440 | €3k | €3k | €3k | = |
| Other operating charges640/8 | - | - | €371 | €528 | ▲ 42.4% |
| Gross operating margin9900 | €3k | €85k | €133k | €159k | ▲ 19.4% |
| Operating profit (loss)9901 | €3k | €82k | €130k | €155k | ▲ 19.8% |
| Financial income75/76B | - | €15 | €0 | - | - |
| Recurring financial income75 | - | €15 | €0 | - | - |
| Financial charges65/66B | €17 | €52 | €59 | €60 | ▲ 3.2% |
| Recurring financial charges65 | €17 | €52 | €59 | €60 | ▲ 3.2% |
| Profit (loss) for the period before taxes9903 | €3k | €82k | €130k | €155k | ▲ 19.8% |
| Income taxes67/77 | €812 | €23k | €28k | €35k | ▲ 24.8% |
| Profit (loss) for the period9904 | €2k | €59k | €101k | €120k | ▲ 18.4% |
| Profit (loss) for the period to be appropriated9905 | €2k | €59k | €101k | €120k | ▲ 18.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €27k | €77k | €187k | €102k | ▼ 45.6% |
| Fixed assets21/28 | €12k | €12k | €9k | €5k | ▼ 37.8% |
| Tangible fixed assets22/27 | €12k | €12k | €9k | €5k | ▼ 37.8% |
| Furniture and vehicles24 | €12k | €12k | €9k | €5k | ▼ 37.8% |
| Current assets29/58 | €15k | €65k | €178k | €96k | ▼ 46.0% |
| Amounts receivable within one year40/41 | €6k | €27k | €20k | €21k | ▲ 5.5% |
| Trade receivables40 | €6k | €27k | €20k | €21k | ▲ 5.5% |
| Cash at bank and in hand54/58 | €8k | €37k | €157k | €74k | ▼ 52.9% |
| Deferred charges and accrued income490/1 | €1k | €571 | €600 | €795 | ▲ 32.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €27k | €77k | €187k | €102k | ▼ 45.6% |
| Equity10/15 | €4k | €63k | €63k | €63k | = |
| Contributions10/11 | €3k | €3k | €3k | €3k | = |
| Reserves13 | €2k | €60k | €60k | €60k | = |
| Distributable reserves133 | €2k | €60k | €60k | €60k | = |
| Profit (loss) carried forward14 | - | €11 | €0 | €0 | - |
| Amounts payable17/49 | €23k | €14k | €124k | €39k | ▼ 68.7% |
| Amounts payable within one year42/48 | €23k | €14k | €124k | €39k | ▼ 68.7% |
| Trade debts44 | €2k | €200 | €334 | €991 | ▲ 197% |
| Suppliers440/4 | €2k | €200 | €334 | €991 | ▲ 197% |
| Taxes, remuneration and social security45 | €2k | €14k | €22k | €12k | ▼ 45.7% |
| Taxes450/3 | €2k | €14k | €22k | €12k | ▼ 45.7% |
| Other amounts payable47/48 | €20k | €0 | €102k | €26k | ▼ 74.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €59k | €101k | €120k | ▲ 18.4% |
| + Depreciation and write-downs630 | €440 | €3k | €3k | €3k | = |
| Operating cash flow (approximation) | €2k | €62k | €105k | €123k | ▲ 17.9% |
| Investment in fixed assets (approximation) | - | €-3k | €0 | €0 | - |
| Change in cash | - | €29k | €120k | €-83k | ▼ 169% |
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
Next filing, fiscal year 2026, expected by
2026
23-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €120k ▲18.4%
Operating result €155k, net result €120k, both a record.
03-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 7current ratio 4.67
Current ratio from 0.66 to 4.67; short-term debt falls from €23k to €14k.
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · 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, Tielt · 1 establishment unit since 2022
Ground area
396 m²
Building footprint
217 m²
Volume, LiDAR
1,536 m³
Parcel 37013C0536/00W000, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MFTA
since 20222.336.338.931
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37013C0536/00W000 | Flanders | 395 m² | 1 · 217 m² | 10.9 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.
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,487 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
Founded28-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63920Other information service activities
70200Business and other management consultancy
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.