Gross margin from €73,590 to -€5,085Loss of €20,607Registered office moved from Denderleeuw to Ternat02-06Equity from €81,904 to €61,297Debts from €21,954 to €6,081Cash from €52,335 to €20,290
Lower net result than 93% of companies in computer programming and consultancy. Sector median €28,568 · 21,223 companies.
2025 accounts filed 31 days after the deadlineTurnover not published (micro format)
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 4,805 companies had the same profile as MNRTEK has now. Each dot stands for 13 companies, two years later.
88.1%
were still trading
9.8%
stopped another way
2.0%
went bankrupt
Micro
10 to 20 years old
solvency 30% or more
a loss of 10% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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.
The companies in ten equal groups, from the lowest to the highest expected share
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
3.0%
3.1%
10
5.6%
6.2%
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 4,805 companies, not a prediction for MNRTEK. 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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0662834652
Registered office moved from Denderleeuw to Ternat
New registered office: Sibbekensveldstraat 52, 1742 Ternat · Previous registered office: Stationsplein 25 bus 5005, 9470 Denderleeuw · General meeting of 01-03-2025 · Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments
Legal-form conversion: from limited partnership to private limited company · Hidden nameVisible after signing in holds 90 shares · Name after signing inVisible after signing in holds 10 shares · General meeting of 08-12-2023 · Gazette deed
Registered office moved within Denderleeuw
New registered office: Stationsplein 25 bus 5005, 9470 Denderleeuw · Previous registered office: Van Lierdestraat 14 A bus 021, 9470 Denderleeuw · Partner: Name hiddenVisible after signing in · General meeting of 02-05-2019 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as MNRTEK: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €60,400 and €71,900, founded between 2015 and 2017.