Skip to content

MGTT

Active
Private limited companyfounded 201610 yrs activeQuai Mativa 21, 4020 Liège, BelgiumKBO/BCE: BE 0650.677.087

MGTT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €90k and a net result of €6k. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 19% of 9450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
65 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▲+1
Solvency41=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.28 against 0.33 in 2024; short-term debt: 10.3% and cash: 2.6% of total assets), and 83.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
16.5%
Return on assets
1.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 9450 sector peers (2025).
NBB · sector comparison
Position among 9450 sector peers
Solvency
better than 19%
← weakest strongest →
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 d early
2024
98 d early
2023
104 d early
2022
41 d early
2021
4 d early
2020
26 d late
2019
32 d late
← before the deadline after the deadline →
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 months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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 2025, micro schema

Turnover
€0
2021 · €0
2019: €0 2020: €0 2021: €0
2019 → 2022
Total assets
€545k▼ 4.7%
2024 · €572k
2018: €374k 2019: €815k 2020: €818k 2021: €851k 2022: €729k 2023: €805k 2024: €572k
2018 → 2025
Net result
€6k▼ 4.9%
2024 · €6k
2018: €1k 2019: €15k 2020: €16k 2021: €-65 2022: €4k 2023: €31k 2024: €6k
2018 → 2025
Working capital
€-40k▼ 13.6%
2024 · €-35k
2018: €-73k 2019: €-80k 2020: €-61k 2021: €-69k 2022: €-70k 2023: €-59k 2024: €-35k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€0-€0
Equity€49k-€53k▲ 8.0%€84k▲ 57.5%€90k▲ 7.1%€90k=
Operating result€23k-€16k▼ 30.9%€55k▲ 242%€20k▼ 63.2%€19k▼ 6.6%
Net result€-65-€4k€31k▲ 673%€6k▼ 79.3%€6k▼ 4.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40k€60kOperating result 2021: €23k€23kNet result 2021: €-65€-65Operating result 2022: €16k€16kNet result 2022: €4k€4kOperating result 2023: €55k€55kNet result 2023: €31k€31kOperating result 2024: €20k€20kNet result 2024: €6k€6kOperating result 2025: €19k€19kNet result 2025: €6k€6k20212022202320242025
The operating result has fallen two years in a row; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €545k
Fixed assets €529k▼ 4.6%
Current assets €16k▼ 8.3%
Equity and liabilities €545k
Equity €90k=
Debt €455k▼ 5.6%
The debt ratio falls from 84.3% to 83.5%. Debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€48k
2024 · €49k
Cash flow
€35k
2024 · €35k
Solvency
16.5%
2024 · 15.7%
Current ratio
0.28
2024 · 0.33
Quick ratio
0.28
2024 · 0.33
Debt / equity
5.06
2024 · 5.37
ROE
6.7%
2024 · 7.1%
ROA
1.1%
2024 · 1.1%
Interest coverage
4.44
2024 · 4.25
Debt
€455k
2024 · €482k
Debt ≤ 1 year
€56k
2024 · €53k
Debt > 1 year
€398k
2024 · €429k
Income taxes
€2k
2024 · €2k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€572k€545k
Fixed assets21/28€554k€529k
Intangible fixed assets21€0-
Tangible fixed assets22/27€554k€529k
Land and buildings22€554k€529k
Furniture and vehicles24€0-
Other tangible fixed assets26€0€0=
Current assets29/58€17k€16k
Amounts receivable within one year40/41€13k€2k
Trade receivables40€0€582
Other amounts receivable41€13k€920
Cash at bank and in hand54/58€4k€14k
Deferred charges and accrued income490/1€0€289
Equity and liabilities
Total equity and liabilities10/49€572k€545k
Equity10/15€90k€90k=
Contributions10/11€8k€8k=
Profit (loss) carried forward14€82k€82k=
Amounts payable17/49€482k€455k
Amounts payable after more than one year17€429k€398k
Financial debts170/4€429k€398k
Amounts payable within one year42/48€53k€56k
Current portion of amounts payable after more than one year42€30k€31k
Trade debts44€162€168
Suppliers440/4€162€168
Bills of exchange payable441€0-
Taxes, remuneration and social security45€10k€7k
Taxes450/3€10k€7k
Other amounts payable47/48€12k€18k
Accrued charges and deferred income492/3€674€946
Income statement Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€29k
Other operating charges640/8€387€1k
Gross operating margin9900€49k€49k
Operating profit (loss)9901€20k€19k
Financial income75/76B€91€28
Recurring financial income75€91€28
Financial charges65/66B€12k€11k
Recurring financial charges65€12k€11k
Profit (loss) for the period before taxes9903€9k€8k
Income taxes67/77€2k€2k
Profit (loss) for the period9904€6k€6k
Profit (loss) for the period to be appropriated9905€6k€6k
Appropriation of the result
Profit (loss) to be appropriated9906€82k€88k
Profit (loss) brought forward from the previous period14P€76k€82k
Profit to be distributed694/7€379€6k
Return on contributions (dividend)694-€6k
Other beneficiaries697€379-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
24-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
18-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €31k ▲673%
Operating result €55k, net result €31k, both a record.
20-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
27-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet €-65 ▼100%
Net result drops to €-65, the lowest in the series; recovery starts the following year.
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
01-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
25-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
08-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Liège · 1 establishment unit since 2016
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.

Quai Mativa 214020 Liège
Ground area
2,049 m²
Building footprint
203 m²
Volume, LiDAR
1,842 m³
2 parcels, Wallonia · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Atelier AGAT Architecture
Rue Monchamps 33, 4052 ChaudfontaineReal estate activities
since 20162.251.561.723
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62012C0180/00W000 Wallonia 1,643 m² 1 · 128 m² 8.2 m · 2 fl.
62806C0376/02N000 Wallonia 406 m² 1 · 75 m² 14.4 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 18,256 companies in sector 71111 we hold annual accounts for 6,321. 5,475 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded22-03-2016
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.