MLTC
ActiveSummary
MLTC has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109,496 and a net result of €24,712. Equity is growing by ~52.9% per year across the filed fiscal years. Its solvency ranks better than 23% of 16718 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+3
Solvency51▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity short (current ratio 0.34 against 0.24 in 2024; short-term debt: 14.6% and cash: 4.2% of total assets), and 73.6% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six 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 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% 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
26.4%
Return on assets
6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 16718 sector peers (2025).
NBB · sector comparisonPosition among 16718 sector peers
Solvency
better than 23%
← 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 03-07-2026, 28 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
28 d early
2024
24 d early
2023
23 d late
2022
27 d early
2021
37 d early
2020
18 d early
2019
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€109,496▲ 29.1%
2024 · €84,784
Total assets
€415,306▼ 0.2%
2024 · €416,004
Net result
€24,712▲ 56.5%
2024 · €15,792
Working capital
-€40,024▲ 5.4%
2024 · -€42,306
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
Line20212022202320242025
Operating result€28,205▲ 262%€49,851▲ 76.7%€52,061▲ 4.4%€30,156▼ 42.1%€40,557▲ 34.5%
Net result€16,337▲ 429%€29,765▲ 82.2%€31,661▲ 6.4%€15,792▼ 50.1%€24,712▲ 56.5%
Equity€7,566▼ 22.2%€37,330▲ 393%€68,992▲ 84.8%€84,784▲ 22.9%€109,496▲ 29.1%
Total assets€431,428▼ 6.2%€417,929▼ 3.1%€427,639▲ 2.3%€416,004▼ 2.7%€415,306▼ 0.2%
Debt€423,862▼ 5.9%€380,598▼ 10.2%€358,648▼ 5.8%€331,220▼ 7.6%€305,809▼ 7.7%
Working capital-€63,610▼ 63.6%-€57,786▲ 9.2%-€52,898▲ 8.5%-€42,306▲ 20.0%-€40,024▲ 5.4%
Staff (FTE)2▲ 150%1▼ 50.0%1=2▲ 100%1.5▼ 25.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 34% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €415,306
Fixed assets
€394,694 ▼ 2.0%
Current assets
€20,611 ▲ 56.0%
Equity and liabilities €415,306
Equity
€109,496 ▲ 29.1%
Debt
€305,809 ▼ 7.7%
Debt's share of the balance-sheet total falls from 79.6% to 73.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€48,658▲
2024 · €40,141
Cash flow
€32,814▲
2024 · €25,777
Current ratio
0.34▲
2024 · 0.24
Debt to equity
2.79▼
2024 · 3.91
ROE
22.6%▲
2024 · 18.6%
ROA
6.0%▲
2024 · 3.8%
Interest coverage
9.54▲
2024 · 6.19
Debt ≤ 1 year
€60,635▲
2024 · €55,515
Debt > 1 year
€231,394▼
2024 · €261,464
Income taxes
€10,743▲
2024 · €7,876
Staff costs
€84,545▼
2024 · €111,162
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €19,245 | €43,365 | €50,574 | €111,162 | €84,545 | ▼ 23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,360 | €10,951 | €10,555 | €9,985 | €8,101 | ▼ 18.9% |
| Other operating charges640/8 | €1,459 | €413 | €268 | €851 | €80 | ▼ 90.7% |
| Gross operating margin9900 | €60,268 | €104,579 | €113,457 | €152,154 | €133,283 | ▼ 12.4% |
| Operating profit (loss)9901 | €28,205 | €49,851 | €52,061 | €30,156 | €40,557 | ▲ 34.5% |
| Financial charges65/66B | €4,361 | €6,427 | €8,832 | €6,488 | €5,101 | ▼ 21.4% |
| Recurring financial charges65 | €4,361 | €6,427 | €8,832 | €6,488 | €5,101 | ▼ 21.4% |
| Profit (loss) for the period before taxes9903 | €23,844 | €43,424 | €43,229 | €23,668 | €35,456 | ▲ 49.8% |
| Income taxes67/77 | €7,507 | €13,659 | €11,568 | €7,876 | €10,743 | ▲ 36.4% |
| Profit (loss) for the period9904 | €16,337 | €29,765 | €31,661 | €15,792 | €24,712 | ▲ 56.5% |
| Profit (loss) for the period to be appropriated9905 | €16,337 | €29,765 | €31,661 | €15,792 | €24,712 | ▲ 56.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €431,428 | €417,929 | €427,639 | €416,004 | €415,306 | ▼ 0.2% |
| Fixed assets21/28 | €416,631 | €406,784 | €412,780 | €402,795 | €394,694 | ▼ 2.0% |
| Tangible fixed assets22/27 | €36,631 | €26,784 | €32,780 | €22,795 | €14,694 | ▼ 35.5% |
| Plant, machinery and equipment23 | €5,549 | €2,703 | €24,272 | €17,398 | €11,471 | ▼ 34.1% |
| Furniture and vehicles24 | €31,082 | €24,081 | €8,508 | €5,398 | €3,224 | ▼ 40.3% |
| Financial fixed assets28 | €380,000 | €380,000 | €380,000 | €380,000 | €380,000 | = |
| Current assets29/58 | €14,797 | €11,145 | €14,859 | €13,209 | €20,611 | ▲ 56.0% |
| Amounts receivable within one year40/41 | - | €2,573 | €3,056 | €3,056 | €3,056 | = |
| Other amounts receivable41 | - | €2,573 | €3,056 | €3,056 | €3,056 | = |
| Cash at bank and in hand54/58 | €14,797 | €8,573 | €11,803 | €10,153 | €17,555 | ▲ 72.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €431,428 | €417,929 | €427,639 | €416,004 | €415,306 | ▼ 0.2% |
| Equity10/15 | €7,566 | €37,330 | €68,992 | €84,784 | €109,496 | ▲ 29.1% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,366 | €31,130 | €62,792 | €78,584 | €103,296 | ▲ 31.4% |
| Distributable reserves133 | €1,366 | €31,130 | €62,792 | €78,584 | €103,296 | ▲ 31.4% |
| Amounts payable17/49 | €423,862 | €380,598 | €358,648 | €331,220 | €305,809 | ▼ 7.7% |
| Amounts payable after more than one year17 | €345,455 | €311,667 | €290,890 | €261,464 | €231,394 | ▼ 11.5% |
| Financial debts170/4 | €345,455 | €311,667 | €290,890 | €261,464 | €231,394 | ▼ 11.5% |
| Amounts payable within one year42/48 | €78,407 | €68,932 | €67,758 | €55,515 | €60,635 | ▲ 9.2% |
| Current portion of amounts payable after more than one year42 | €33,929 | €33,788 | €30,771 | €29,426 | €32,109 | ▲ 9.1% |
| Trade debts44 | €6,710 | €3,357 | €7,043 | €4,032 | €3,641 | ▼ 9.7% |
| Suppliers440/4 | €6,710 | €3,357 | €7,043 | €4,032 | €3,641 | ▼ 9.7% |
| Taxes, remuneration and social security45 | €24,937 | €30,455 | €28,297 | €20,417 | €22,877 | ▲ 12.1% |
| Taxes450/3 | €13,575 | €21,166 | €11,568 | €7,876 | €10,743 | ▲ 36.4% |
| Remuneration and social security454/9 | €11,362 | €9,289 | €16,729 | €12,541 | €12,134 | ▼ 3.2% |
| Other amounts payable47/48 | €12,832 | €1,332 | €1,647 | €1,640 | €2,009 | ▲ 22.5% |
| Accrued charges and deferred income492/3 | - | - | - | €14,242 | €13,780 | ▼ 3.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,337 | €29,765 | €31,661 | €15,792 | €24,712 | ▲ 56.5% |
| + Depreciation and write-downs630 | €11,360 | €10,951 | €10,555 | €9,985 | €8,101 | ▼ 18.9% |
| Operating cash flow (approximation) | €27,697 | €40,716 | €42,216 | €25,777 | €32,814 | ▲ 27.3% |
| Investment in fixed assets (approximation) | - | -€1,104 | -€16,551 | €0 | €0 | - |
| Change in cash | - | -€6,225 | €3,231 | -€1,651 | €7,402 | ▲ 548% |
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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100,000Eq €109,496 ▲29.1%
7 profitable years in a row build equity to €109,496.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Highest result since 2019net €31,661 ▲6.4%
Operating result €52,061, net result €31,661, both a record.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Schaarbeek · 1 establishment unit since 2018
Ground area
542 m²
Building footprint
315 m²
Volume, LiDAR
3,403 m³
Parcel 21906D0088/00N003, Brussels · tallest building 18.9 m, ±3 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
MLTC
since 20182.281.718.132
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0088/00N003 | Brussels | 542 m² | 1 · 315 m² | 18.9 m · 3 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.
Similar companies · same sector, comparable size
CABINET REMONT SABINE
BE 0705.992.625
Binche · Eq €109,446
LC Med
BE 0789.286.525
Ecaussinnes · Eq €109,581
DR VAN MIGEM VIRGINIE
BE 1004.490.527
Saint-Hubert · Eq €109,381
Dokter Pieter Steeno
BE 0551.840.027
Putte · Eq €109,381
DR NATHALIE THEUNISSEN
BE 0722.730.667
Kasterlee · Eq €109,379
Of 9,128 companies in sector 86210 we hold annual accounts for 6,335. 5,330 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
Founded02-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
86210General medical practice
E-invoicing
Reachable via Peppol
Peppol ID
0208:0707639150
Registered
18-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.