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MOUNT SILVER TECH

Active
Private limited companyfounded 2021active for 4 yearsOude Vijversstraat 55, 1190 Vorst, BelgiumKBO/BCE: BE 0777.998.101
Summary

The computed 12-month bankruptcy probability of MOUNT SILVER TECH is 5.6% (elevated). The 2025 annual accounts show negative equity (-€14,078) and a net result of -€6,038. Equity has been shrinking by about 99% per year since 2022. The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 03-12-2021 Normal situation
Registered office
173 active companies are registered at this address 59 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
No activity registered in the KBO
Establishment unit
2.328.742.742 1180 Ukkel, since 03-12-2021
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • ECONOMIC RESEARCH SRLDirector
  • PIARD VladimirDirector
  • ROBERT BenjaminDirector
Shareholders
  • Mount Silver· score 242025 annual accounts of Mount Silver

Financial position

34 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.6%
Annual accounts 2025
Gross margin
-€5,057
▲ 6.9%
Loss
€6,038
▼ 3.4%
Equity
-€14,078
▼ 75.1%
Total assets
€76,311
=
  • Negative equity on 31-12-2025
Score breakdownraises risk1 change of registered office in 24 monthsLiquidity: current ratio 0.84Founded in 2021lowers riskSize: total assets €76,311Show the evidence

Checked score

Score 2025
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 8% of micro companies without a NACE code
Financial strength · tick: 2024
Weak
Solvency 7-7
equity -18.4% of total assets
Liquidity 0=
short-term debt 118.4%
Profitability 18+1
return on assets -7.9%
Bankruptcy probability within 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.8% 01-2025: 3.8%● unchanged vs 12-2024 02-2025: 3.8%● unchanged vs 01-2025 03-2025: 3.7%▼ -0.1 percentage points vs 02-2025lowest value 04-2025: 3.8%▲ +0.1 percentage points vs 03-2025 05-2025: 3.9%▲ +0.1 percentage points vs 04-2025 06-2025: 3.9%● unchanged vs 05-2025 07-2025: 4.1%▲ +0.2 percentage points vs 06-2025 08-2025: 4.8%▲ +0.7 percentage points vs 07-2025 09-2025: 4.8%● unchanged vs 08-2025 10-2025: 4.8%● unchanged vs 09-2025 11-2025: 4.8%● unchanged vs 10-2025 12-2025: 4.8%● unchanged vs 11-2025 01-2026: 4.8%● unchanged vs 12-2025 02-2026: 6.9%▲ +2.1 percentage points vs 01-2026 03-2026: 6.9%● unchanged vs 02-2026 04-2026: 7.9%▲ +1.0 percentage point vs 03-2026 05-2026: 8.6%▲ +0.7 percentage points vs 04-2026 06-2026: 9.5%▲ +0.9 percentage points vs 05-2026highest value 07-2026: 9.2%▼ -0.3 percentage points vs 06-2026 08-2026: 5.8%▼ -3.4 percentage points vs 07-2026 09-2026: 5.8%● unchanged vs 08-2026 10-2026: 5.6%▼ -0.2 percentage points vs 09-2026 11-2026: 5.6%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.84 (0.9 in 2024), below 1. Short-term debt is 118.4% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 10% of them on solvency, 1% on liquidity, 16% on profitability and 6% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €76,311
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 0.84
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year -€14,078
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 22-07-2026, 9 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
9 days early
2024
on the day
2023
7 days early
2022
32 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 4 accounts on average 4 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 22-07-2026 at the NBB all 4 filings

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€6,038▲ 3.4%
2024 · -€6,249
Working capital
-€14,078▼ 75.1%
2024 · -€8,039
Multi-year overview
2022 to 2025, 4 financial years
Operating result
-€6,038
▼ 2.7% 2025
20222025
Net result
-€6,038
▲ 3.4% 2025
20222025
Equity
-€14,078
▼ 75.1% 2025
20222025
Total assets
€76,311
= 2025
20222025
Debt
€90,389
▲ 7.2% 2025
20222025
Working capital
-€14,078
▼ 75.1% 2025
20222025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result-€0.03m--€0.006m▲ 78.8%-€0.006m▼ 4.6%-€0.006m▼ 2.7%
Net result-€0.03m--€0.006m▲ 77.1%-€0.006m▼ 0.6%-€0.006m▲ 3.4%
Equity€0.004m--€0.002m-€0.008m▼ 349%-€0.01m▼ 75.1%
Total assets€6.4m-€0.08m▼ 98.8%€0.08m▲ 1.1%€0.08m=
Debt€6.4m-€0.08m▼ 98.8%€0.08m▲ 9.2%€0.09m▲ 7.2%
Working capital-€6.4m--€0.002m▲ 100.0%-€0.008m▼ 349%-€0.01m▼ 75.1%

The operating result for 2025 is a loss of €6,038, larger than the loss of €5,877 in 2024.

Key figures and ratios
2025 value · change against 2024
Solvency
-18.4%▼
2024 · -10.5%
Current ratio
0.84▼
2024 · 0.90
ROA
-7.9%▲
2024 · -8.2%
Debt ≤ 1 year
€90,389▲
2024 · €84,350
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item2022202320242025
Financial fixed assets€6.4m---

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 24 lines
Balance sheet Code20242025
Assets
Total assets20/58€76,311€76,311=
Current assets29/58€76,311€76,311=
Amounts receivable within one year40/41€76,311€76,311=
Trade receivables40€1,815€1,815=
Other amounts receivable41€74,496€74,496=
Equity and liabilities
Total equity and liabilities10/49€76,311€76,311=
Equity10/15-€8,039-€14,078▼
Contributions10/11€31,500€31,500=
Profit (loss) carried forward14-€39,539-€45,578▼
Amounts payable17/49€84,350€90,389▲
Amounts payable within one year42/48€84,350€90,389▲
Trade debts44€46€30▼
Suppliers440/4€46€30▼
Other amounts payable47/48€84,305€90,359▲
Income statement Code20242025
Other operating charges640/8€443€982▲
Gross operating margin9900-€5,434-€5,057▲
Operating profit (loss)9901-€5,877-€6,038▼
Financial charges65/66B€372-
Recurring financial charges65€372-
Profit (loss) for the period before taxes9903-€6,249-€6,038▲
Profit (loss) for the period9904-€6,249-€6,038▲
Profit (loss) for the period to be appropriated9905-€6,249-€6,038▲
Appropriation of the result
Profit (loss) to be appropriated9906-€39,539-€45,578▼
Profit (loss) brought forward from the previous period14P-€33,290-€39,539▼

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 22-07-2026.

Line2022202320242025Change
Other operating charges640/8--€443€982▲ 122%
Gross operating margin9900-€26,479-€5,617-€5,434-€5,057▲ 6.9%
Operating profit (loss)9901-€26,479-€5,617-€5,877-€6,038▼ 2.7%
Financial charges65/66B€601€593€372--
Recurring financial charges65€601€593€372--
Profit (loss) for the period before taxes9903-€27,080-€6,210-€6,249-€6,038▲ 3.4%
Profit (loss) for the period9904-€27,080-€6,210-€6,249-€6,038▲ 3.4%
Profit (loss) for the period to be appropriated9905-€27,080-€6,210-€6,249-€6,038▲ 3.4%
Line2022202320242025Change
Assets
Total assets20/58€6.4m€0.08m€0.08m€0.08m=
Fixed assets21/28€6.4m----
Financial fixed assets28€6.4m----
Current assets29/58€0.002m€0.08m€0.08m€0.08m=
Amounts receivable within one year40/41-€0.07m€0.08m€0.08m=
Trade receivables40--€0.002m€0.002m=
Other amounts receivable41-€0.07m€0.07m€0.07m=
Cash at bank and in hand54/58€0.002m€0.001m---
Equity and liabilities
Total equity and liabilities10/49€6.4m€0.08m€0.08m€0.08m=
Equity10/15€0.004m-€0.002m-€0.008m-€0.01m▼ 75.1%
Contributions10/11€0.03m€0.03m€0.03m€0.03m=
Profit (loss) carried forward14-€0.03m-€0.03m-€0.04m-€0.05m▼ 15.3%
Amounts payable17/49€6.4m€0.08m€0.08m€0.09m▲ 7.2%
Amounts payable within one year42/48€6.4m€0.08m€0.08m€0.09m▲ 7.2%
Trade debts44€0.002m€0.001m€46€30▼ 34.0%
Suppliers440/4€0.002m€0.001m€46€30▼ 34.0%
Other amounts payable47/48€6.4m€0.08m€0.08m€0.09m▲ 7.2%
Line2022202320242025Change
Profit (loss) for the period9904-€27,080-€6,210-€6,249-€6,038▲ 3.4%
Operating cash flow (approximation)-€27,080-€6,210-€6,249-€6,038▲ 3.4%
Change in cash--€1,363---

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 1,555 companies had the same profile as MOUNT SILVER TECH has now. Two years later, 91.6% were still going and 4.6% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a small loss
91.6% was still going
3.6% stopped otherwise
4.6% went bankrupt

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of MOUNT SILVER TECH itself: 5.6% within 12 months.

Test of the method

The method was tested on the 497,446 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 1,555 companies, not a prediction for MOUNT SILVER TECH. 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.

Filings with the National Bank (4)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 22-07-2026 2026-00324372 PDF
31-12-2024 full format 31-07-2025 2025-00352035 PDF
31-12-2023 full format 24-07-2024 2024-00283507 PDF
31-12-2022 micro format 01-09-2023 2023-00434814 PDF

Board & ownership

Directors

Directors
3 directors
ECONOMIC RESEARCH SRL
Director · Legal entity · listed in the 2025 annual accounts, filed on 22-07-2026
Current
PIARD Vladimir
Director · listed in the 2025 annual accounts, filed on 22-07-2026
Current
ROBERT Benjamin
Director · listed in the 2025 annual accounts, filed on 22-07-2026
Current

Owners and capital

Shareholders

1 owner

Owners 1

Mandate history

3 people, 3 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
ECONOMIC RESEARCH SRL
  • Director, since before 31-12-2025
PIARD Vladimir
  • Director, since before 31-12-2025
ROBERT Benjamin
  • Director, since before 31-12-2025
See the board, name and registered office on a given date →

Network & group

Companies at the same address

172 other companies

Connections & network

3 current directors
Depth

The network starts from the directors of MOUNT SILVER TECH. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
22-07
NBB filing Annual accounts 2025 filedNBB
abbreviated format · 9 days before the deadline
16-01
Gazette deed Registered office moved from Uccle to Bruxelles
2 points ▸
  • General meeting, 30-12-2025
  • Registered-office move, Rue des anciens étangs 55, 1190 Bruxelles

Open the act in the Belgian Official Gazette

2025
31-07
NBB filing Annual accounts 2024 filedPDF
full format · on the deadline day
2024
24-07
NBB filing Annual accounts 2023 filedPDF
full format · 7 days before the deadline
2023
01-09
NBB filing Annual accounts 2022 filedPDF
micro format · 32 days late
2021
07-12
Gazette deed IncorporationPDF
Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

MOUNT SILVER TECH was incorporated on 3 December 2021 as a private limited company.1 The registered office was moved to Bruxelles in 2026.2 Total assets fell from €6.4m in 2022 to €76,311 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 16-01-2026
  3. 3National Bank, annual accounts 2022 and 2025

Company details

Register details

Identity

KBO record
Name MOUNT SILVER TECH in French
Enterprise number 0777.998.101
Legal form Private limited company
Status Active, normale toestand
Founded 03-12-2021
Entity type Legal entity

Registered office and establishments

Registered office Oude Vijversstraat 55, 1190 Vorst, Belgium
1 former office
  • Chaussée d'Alsemberg 999 Boîte 14, 1180 Uccle until 01-01-2026 · act of 16-01-2026
Establishment unit MOUNT SILVER TECH, Alsembergsesteenweg 999, 1180 Ukkel since 03-12-2021 · unit number 2.328.742.74264210 Activities of holding companies

Invoicing and payment

VAT number BE 0777.998.101
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Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map
173 companies at this address See who is registered here

Buildings and parcels at the addresses

Ground area
7,163 m²
Building footprint
1,442 m²
Building volume
13,476 m³
Tallest building: 18.1 m.
Cadastral parcel Region Area Buildings Height / floors
21616A0089/00S003 Brussels 4,530 m² 1 · 1,010 m² 18.1 m · 4
21382C0034/00S006 Brussels 2,633 m² 1 · 433 m² 9.4 m · 2