MNRTEK
ActiveSummary
MNRTEK has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61k and a net result of €-21k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 89% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency100=
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 7.79 against 3.3 in 2024; short-term debt: 9% and cash: 30.1% of total assets), and 9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91%
Return on assets
-30.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
30 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€61k▼ 25.2%
2024 · €82k
2023: €63k
2024: €82k
2023 → 2025
Total assets
€67k▼ 35.1%
2024 · €104k
2023: €104k
2024: €104k
2023 → 2025
Net result
€-21k
2024 · €48k
2023: €24k
2024: €48k
2023 → 2025
Working capital
€41k▼ 18.2%
2024 · €51k
2023: €34k
2024: €51k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€63k-€82k▲ 29.5%€61k▼ 25.2%
Operating result€33k-€62k▲ 85.3%€-19k
Net result€24k-€48k▲ 104%€-21k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €19k after €62k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67k
Fixed assets
€20k ▼ 36.3%
Current assets
€47k ▼ 34.6%
Equity and liabilities €67k
Equity
€61k ▼ 25.2%
Debt
€6k ▼ 72.3%
Debt's share of the balance-sheet total falls from 21.1% to 9.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-7k▼
2024 · €70k
Cash flow
€-9k▼
2024 · €56k
Current ratio
7.79▲
2024 · 3.30
Debt to equity
0.10▼
2024 · 0.27
ROE
-33.6%▼
2024 · 58.7%
ROA
-30.6%▼
2024 · 46.3%
Interest coverage
-5.94▼
2024 · 79.11
Debt ≤ 1 year
€6k▼
2024 · €22k
Income taxes
€327▼
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€104k€67k▼
Fixed assets21/28€31k€20k▼
Tangible fixed assets22/27€31k€20k▼
Furniture and vehicles24€4k€3k▼
Leasing and similar rights25€27k€17k▼
Current assets29/58€72k€47k▼
Amounts receivable within one year40/41€19k€27k▲
Other amounts receivable41€19k€27k▲
Cash at bank and in hand54/58€52k€20k▼
Deferred charges and accrued income490/1€755-
Equity and liabilities
Total equity and liabilities10/49€104k€67k▼
Equity10/15€82k€61k▼
Contributions10/11€1k€1k=
Reserves13€40k€40k=
Non-distributable reserves130/1€100€100=
Reserves not available under the articles1311€100€100=
Distributable reserves133€40k€40k=
Profit (loss) carried forward14€40k€20k▼
Amounts payable17/49€22k€6k▼
Amounts payable within one year42/48€22k€6k▼
Current portion of amounts payable after more than one year42€8k-
Trade debts44€4k€5k▲
Suppliers440/4€4k€5k▲
Taxes, remuneration and social security45€10k€1k▼
Taxes450/3€8k€1k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€1k-
Income statement
Code20242025
Remuneration, social security and pensions62€1k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€12k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€74k€-5k▼
Operating profit (loss)9901€62k€-19k▼
Financial charges65/66B€884€1k▲
Recurring financial charges65€884€1k▲
Profit (loss) for the period before taxes9903€61k€-20k▼
Income taxes67/77€13k€327▼
Profit (loss) for the period9904€48k€-21k▼
Profit (loss) for the period to be appropriated9905€48k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€70k€20k▼
Profit (loss) brought forward from the previous period14P€22k€40k▲
Profit to be distributed694/7€29k-
Return on contributions (dividend)694€29k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-21k ▼143%
Net result drops to €-21k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 7.79
Current ratio from 3.30 to 7.79; short-term debt falls from €22k to €6k.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Highest result since 2023net €48k ▲104%
Operating result €62k, net result €48k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Ternat · 1 establishment unit since 2016
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.
Sibbekensveldstraat 521742 TernatGround area
599 m²
Building footprint
211 m²
Volume, LiDAR
1,291 m³
Parcel 23071C0602/00G000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MNRTeK
since 20162.256.705.493
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23071C0602/00G000 | Flanders | 599 m² | 1 · 211 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 29,996 companies in sector 62200 we hold annual accounts for 18,393. 15,471 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.