Summary
MNT Projects is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €634,047 and a net result of €33,397. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 44% of 8074 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
23 d late
2023
198 d late
2022
85 d late
2021
31 d late
2020
117 d late
2019
95 d late
← 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 83 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€634,047▲ 5.6%
2024 · €600,650
Net result
€33,397▼ 79.4%
2024 · €161,775
Total assets
€1.5m▲ 4.1%
2024 · €1.4m
Solvency
43.6%▲ 0.6pp
2024 · 43.0%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€219,404▲ 586%€196,108▼ 10.6%€40,261▼ 79.5%€212,395▲ 428%€36,883▼ 82.6%
Net result€93,389above the sector's middle half▲ 120%€11,655within the sector's middle half▼ 87.5%€36,767within the sector's middle half▲ 215%€161,775above the sector's middle half▲ 340%€33,397within the sector's middle half▼ 79.4%
Equity€390,453above the sector's middle half▲ 31.4%€402,109above the sector's middle half▲ 3.0%€438,875above the sector's middle half▲ 9.1%€600,650above the sector's middle half▲ 36.9%€634,047above the sector's middle half▲ 5.6%
Total assets€1.1mabove the sector's middle half▲ 33.3%€1.1mabove the sector's middle half▲ 1.9%€1.2mabove the sector's middle half▲ 6.2%€1.4mabove the sector's middle half▲ 20.4%€1.5mabove the sector's middle half▲ 4.1%
Debt€632,206▲ 24.5%€610,487▼ 3.4%€661,412▲ 8.3%€736,459▲ 11.3%€759,796▲ 3.2%
Working capital€143,643▼ 31.2%€190,765▲ 32.8%€213,192▲ 11.8%€303,738▲ 42.5%€327,738▲ 7.9%
Solvency36.4%within the sector's middle half▼ 0.5pp36.8%within the sector's middle half▲ 0.4pp37.8%within the sector's middle half▲ 1.0pp43.0%within the sector's middle half▲ 5.2pp43.6%within the sector's middle half▲ 0.6pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 83% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€859,589 ▲ 3.6%
Current assets
€594,254 ▲ 4.8%
Equity and liabilities €1.5m
Equity
€634,047 ▲ 5.6%
Provisions
€60,000 =
Debt
€759,796 ▲ 3.2%
Debt's share of the balance-sheet total falls from 52.7% to 52.3%. Equity and debt are higher.
Key figures and ratios
ROE
5.3%▼
2024 · 26.9%
ROA
2.3%▼
2024 · 11.6%
Debt ≤ 1 year
€266,516▲
2024 · €263,255
Debt > 1 year
€493,280▲
2024 · €473,204
Income taxes
€9,982▼
2024 · €55,655
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 | - | €134 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33,595 | €35,238 | €39,915 | €42,732 | €58,315 | ▲ 36.5% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €50,000 | €30,000 | -€20,000 | - | - | - |
| Other operating charges640/8 | €5,217 | €5,304 | €5,075 | €7,414 | €8,784 | ▲ 18.5% |
| Gross operating margin9900 | €308,216 | €266,784 | €65,250 | €262,542 | €103,982 | ▼ 60.4% |
| Operating profit (loss)9901 | €219,404 | €196,108 | €40,261 | €212,395 | €36,883 | ▼ 82.6% |
| Financial income75/76B | €0 | €544 | €15,528 | €23,843 | €25,697 | ▲ 7.8% |
| Recurring financial income75 | €0 | €544 | €15,528 | €23,843 | €25,697 | ▲ 7.8% |
| Financial charges65/66B | €99,151 | €180,408 | €11,456 | €18,809 | €19,201 | ▲ 2.1% |
| Recurring financial charges65 | €15,640 | €12,807 | €11,456 | €18,809 | €19,201 | ▲ 2.1% |
| Non-recurring financial charges66B | €83,511 | €167,601 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €120,253 | €16,244 | €44,333 | €217,429 | €43,378 | ▼ 80.0% |
| Income taxes67/77 | €26,863 | €4,588 | €7,566 | €55,655 | €9,982 | ▼ 82.1% |
| Profit (loss) for the period9904 | €93,389 | €11,655 | €36,767 | €161,775 | €33,397 | ▼ 79.4% |
| Profit (loss) for the period to be appropriated9905 | €93,389 | €11,655 | €36,767 | €161,775 | €33,397 | ▼ 79.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.1m | €1.2m | €1.4m | €1.5m | ▲ 4.1% |
| Fixed assets21/28 | €703,597 | €669,759 | €802,832 | €830,116 | €859,589 | ▲ 3.6% |
| Tangible fixed assets22/27 | €703,447 | €669,609 | €802,682 | €829,966 | €858,939 | ▲ 3.5% |
| Land and buildings22 | €664,676 | €641,236 | €771,171 | €781,212 | €771,128 | ▼ 1.3% |
| Plant, machinery and equipment23 | €28,461 | €24,299 | €23,952 | €41,070 | €76,106 | ▲ 85.3% |
| Furniture and vehicles24 | €10,310 | €4,073 | €7,559 | €7,683 | €11,705 | ▲ 52.3% |
| Financial fixed assets28 | €150 | €150 | €150 | €150 | €650 | ▲ 333% |
| Current assets29/58 | €369,063 | €422,837 | €357,455 | €566,993 | €594,254 | ▲ 4.8% |
| Amounts receivable within one year40/41 | €326,092 | €395,153 | €353,794 | €566,453 | €583,010 | ▲ 2.9% |
| Trade receivables40 | €85,035 | €130,540 | €40,981 | €114,697 | €87,915 | ▼ 23.4% |
| Other amounts receivable41 | €241,058 | €264,613 | €312,813 | €451,756 | €495,095 | ▲ 9.6% |
| Cash at bank and in hand54/58 | €42,855 | €25,806 | €1,105 | €540 | €11,244 | ▲ 1,982% |
| Deferred charges and accrued income490/1 | €115 | €1,878 | €2,556 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €1.2m | €1.4m | €1.5m | ▲ 4.1% |
| Equity10/15 | €390,453 | €402,109 | €438,875 | €600,650 | €634,047 | ▲ 5.6% |
| Contributions10/11 | €18,600 | €18,600 | €20,460 | €20,460 | €20,460 | = |
| Reserves13 | €371,853 | €383,509 | €418,415 | €580,190 | €613,587 | ▲ 5.8% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €369,993 | €381,649 | €418,415 | €580,190 | €613,587 | ▲ 5.8% |
| Provisions and deferred taxes16 | €50,000 | €80,000 | €60,000 | €60,000 | €60,000 | = |
| Provisions for liabilities and charges160/5 | €50,000 | €80,000 | €60,000 | €60,000 | €60,000 | = |
| Major repairs and maintenance162 | €50,000 | €80,000 | €60,000 | €60,000 | €60,000 | = |
| Amounts payable17/49 | €632,206 | €610,487 | €661,412 | €736,459 | €759,796 | ▲ 3.2% |
| Amounts payable after more than one year17 | €406,787 | €378,414 | €517,149 | €473,204 | €493,280 | ▲ 4.2% |
| Financial debts170/4 | €406,787 | €378,414 | €517,149 | €473,204 | €493,280 | ▲ 4.2% |
| Amounts payable within one year42/48 | €225,419 | €232,073 | €144,263 | €263,255 | €266,516 | ▲ 1.2% |
| Financial debts43 | €51,606 | €41,196 | €56,209 | €45,578 | €81,651 | ▲ 79.1% |
| Credit institutions430/8 | €51,606 | €41,196 | €56,209 | €45,578 | €81,651 | ▲ 79.1% |
| Trade debts44 | €55,524 | €81,185 | €30,985 | €15,153 | €26,939 | ▲ 77.8% |
| Suppliers440/4 | €55,524 | €81,185 | €30,985 | €15,153 | €26,939 | ▲ 77.8% |
| Advances received on contracts in progress46 | - | - | €1,395 | €64,008 | - | - |
| Taxes, remuneration and social security45 | €118,289 | €109,692 | €55,675 | €138,515 | €157,926 | ▲ 14.0% |
| Taxes450/3 | €118,289 | €109,692 | €55,675 | €138,515 | €157,926 | ▲ 14.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €93,389 | €11,655 | €36,767 | €161,775 | €33,397 | ▼ 79.4% |
| + Depreciation and write-downs630 | €33,595 | €35,238 | €39,915 | €42,732 | €58,315 | ▲ 36.5% |
| Operating cash flow (approximation) | €126,984 | €46,893 | €76,681 | €204,507 | €91,711 | ▼ 55.2% |
| Investment in fixed assets (approximation) | - | -€1,400 | -€172,988 | -€70,016 | -€87,787 | ▼ 25.4% |
| Change in cash | - | -€17,049 | -€24,701 | -€565 | €10,704 | ▲ 1,994% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
16-07
State Gazette act
Board meeting · Power of attorney
Permanent representative
2025
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
14-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 198 days late
2024
31-12
Financial
Highest result since 2018net €161,775 ▲340%
Net result €161,775, the highest in the series.
31-12
Financial
Equity above €500,000Eq €600,650 ▲36.9%
7 profitable years in a row build equity to €600,650.
09-04
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 85 days late
02-02
State Gazette act
General meeting · Director resignation
Permanent representative · Director discharge
2022
31-12
Financial
Weakest financial yearnet €11,655 ▼87.5%
Net result drops to €11,655, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 117 days late
Show earlier events
2020
03-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 95 days late
02-04
State Gazette act
General meeting · Statutes amendment
Corporate purpose · Capital
2019
31-12
Financial
Equity above €200,000Eq €254,642 ▲34.3%
2 profitable years in a row build equity to €254,642.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
29-04
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
30-04
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 273 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Lier · 1 establishment unit since 2011
Ground area
1,037 m²
Building footprint
162 m²
Volume, LiDAR
909 m³
Parcel 12393F0689/00B003, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MNT Projects
since 20112.204.852.758
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12393F0689/00B003 | Flanders | 1,037 m² | 1 · 162 m² | 9.1 m · 2 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.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
Company
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Shareholding
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Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
2 locations
1 location
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 13,446 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
Founded06-07-2010
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
55203Holiday cottages, homes and apartments
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
73300Public relations and communication consultancy
77210Renting and leasing of sports and recreation goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0827637355
Also
9925:BE0827637355
Registered
27-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.