Equity
€650,039 ▲ 10.8%
MN Technics has made a profit without a break since 2015.
MN Technics
Lifetime
14 annual accounts with figures on one time axispeak €319,456 (2020)
€157,074▼ 42.0%
lowest -€33,819 (2014)
€78,730▼ 48.3%
peak €650,039 (2025)
€650,039▲ 10.8%
€239,703▼ 27.2%
peak 1.4 FTE (2013)
-not published
Board1 name since 2020
1 director
Documentsfilings and deeds
10-03-202651 days before the deadline
2025abbreviated format
Gross margin from €270,612 to €157,074Result from €152,238 to €78,730Dividend €15,563Debts from €329,068 to €239,703
Key points
from the 2025 annual accountsResult
€78,730 ▼ 48.3%
The result fell in 2025 from €152,238 to €78,730.
Turnover
≈ €450,000 estimated
The abbreviated format states no turnover.
Liquidity
5.83 was 3.65 in 2024
Short-term debts fell from €113,385 to €65,694.
Filings
14 annual accounts since 2012
The last five annual accounts were filed 36 to 64 days before the end of the period.
Position in the sector
73.1%
Higher solvency than 83% of companies in specialised construction. Sector median 43.1% · 9,273 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,806 companies had the same profile as MN Technics has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,806 companies, not a prediction for MN Technics. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0826430595
Change of role: , from manager to director
General meeting of 25-03-2020 · Gazette deed
Registered office moved from Sint-Niklaas to Nieuwkerken-Waas
New registered office: Kwakkelhoekstraat 92, 9100 Nieuwkerken-Waas · Previous registered office: Anthonis De Jonghestraat 96, 9100 Sint-Niklaas · General meeting of 18-06-2019 · Gazette deed
Incorporation
published on 16-06-2010 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MN Technics Sint-Niklaas | €0.9m | €157,074 | 73.1% | - |
| ELEKTRO TECHNIEK HOOGEWYS Zele | €1.0m | €148,045 | 34.3% | 1 |
| ELECTRO SUPPORT SERVICES Dendermonde | €0.9m | €163,785 | 46.5% | - |
| VAN BELLE FREDDY Haaltert | €0.8m | €188,704 | 59.4% | - |
| BELFORMA & Associés Mons | €0.9m | €188,070 | 88.9% | - |
| CSJ ELEC Courcelles | €0.9m | €131,389 | 50.4% | - |
| GROEP LIMBURG Houthalen-Helchteren | €0.9m | €190,571 | 55.8% | - |
These companies have the same main activity as MN Technics: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €825,000 and €1m, founded between 2007 and 2011.
Official details
Source: KBO- Status
- Active since 07-06-2010Normal situation
- Activity
- General electrical installation workNACE 43211and 5 others
- Establishment unit
- 2.188.679.8889100 Sint-Niklaas, since 07-06-2010
- Financial year end
- 30 September
- Peppol
- Reachable since 12-05-2025
Annual accounts to 30-09-2025
- €889,742▼ 2.9%
- Filing
- Filed on 10-03-2026, 51 days before the end of the filing period
Insights on MN Technics
MN Technics files the abbreviated format. That format states no turnover. The gross margin rose from €142,803 in 2012 to €157,074 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MN Technics
- What is the company number of MN Technics?
- The company number of MN Technics is 0826.430.595. The VAT number is the same number with BE in front: BE 0826.430.595.
- Where is MN Technics based?
- The registered office is at Kwakkelhoekstraat 92, 9100 Sint-Niklaas.Company details
- What does MN Technics do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of MN Technics?
- MN Technics is a private limited company (BV).
- When was MN Technics founded?
- MN Technics was founded on 07-06-2010.
- Is MN Technics still active?
- Yes, MN Technics is an active enterprise in the KBO register.
- What is the turnover of MN Technics?
- The turnover in financial year 2025 is ≈ €450,000. This figure is estimated from the gross margin of €157,074 and 57 comparable companies (NACE 43211). It probably lies between €330,000 and €550,000.Financials
- Is MN Technics profitable?
- In financial year 2025, MN Technics made a profit of €78,730.
- Where can I find the annual accounts of MN Technics?
- MN Technics filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MN Technics due?
- MN Technics must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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