MRT-service
ActiveSummary
The computed 12-month bankruptcy probability of MRT-service is 2.8% (moderate). The 2025 annual accounts show equity of €72k and a net result of €-3k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 27786 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-18
Solvency83▲+3
Growth52=
Track record94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 1.95 against 1.51 in 2024; short-term debt: 40.5% and cash: 55.2% of total assets), and 41.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
58.4%
Return on assets
-2.6%
Age of the figures
9 mo
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 27-07-2026, 4 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
4 d early
2024
8 d early
2023
26 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
€72k▼ 4.2%
2024 · €75k
2023: €60k
2024: €75k
2023 → 2025
Total assets
€123k▼ 10.1%
2024 · €137k
2023: €121k
2024: €137k
2023 → 2025
Net result
€-3k
2024 · €15k
2023: €57k
2024: €15k
2023 → 2025
Working capital
€47k▲ 49.2%
2024 · €32k
2023: €26k
2024: €32k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€60k-€75k▲ 24.9%€72k▼ 4.2%
Operating result€84k-€23k▼ 72.2%€-129
Net result€57k-€15k▼ 73.8%€-3k
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 €129 after €23k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €123k
Fixed assets
€26k ▼ 39.9%
Current assets
€97k ▲ 3.9%
Equity and liabilities €123k
Equity
€72k ▼ 4.2%
Debt
€51k ▼ 17.2%
Debt's share of the balance-sheet total falls from 45.1% to 41.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€19k▼
2024 · €42k
Cash flow
€16k▼
2024 · €34k
Current ratio
1.95▲
2024 · 1.51
Quick ratio
1.73▲
2024 · 1.51
Debt to equity
0.71▼
2024 · 0.82
ROE
-4.4%▼
2024 · 20.0%
ROA
-2.6%▼
2024 · 11.0%
Interest coverage
5.76▼
2024 · 22.21
Debt ≤ 1 year
€50k▼
2024 · €62k
Income taxes
€375▼
2024 · €7k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€137k€123k▼
Fixed assets21/28€44k€26k▼
Tangible fixed assets22/27€44k€26k▼
Plant, machinery and equipment23€5k€2k▼
Furniture and vehicles24€39k€24k▼
Current assets29/58€94k€97k▲
Stocks and contracts in progress3-€11k
Stocks30/36-€7k
Contracts in progress37-€4k
Amounts receivable within one year40/41€13k€15k▲
Trade receivables40€6k€3k▼
Other amounts receivable41€7k€13k▲
Cash at bank and in hand54/58€77k€68k▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€137k€123k▼
Equity10/15€75k€72k▼
Contributions10/11€3k€3k=
Reserves13€72k€72k=
Distributable reserves133€72k€72k=
Profit (loss) carried forward14-€-3k
Amounts payable17/49€62k€51k▼
Amounts payable within one year42/48€62k€50k▼
Trade debts44€13k€967▼
Suppliers440/4€13k€967▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€589€2k▲
Remuneration and social security454/9€4k€0▼
Other amounts payable47/48€45k€47k▲
Accrued charges and deferred income492/3€0€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k▲
Other operating charges640/8€1k€881▼
Non-recurring operating charges66A€613€0▼
Gross operating margin9900€44k€20k▼
Operating profit (loss)9901€23k€-129▼
Financial income75/76B€559€586▲
Recurring financial income75€559€586▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€22k€-3k▼
Income taxes67/77€7k€375▼
Profit (loss) for the period9904€15k€-3k▼
Profit (loss) for the period to be appropriated9905€15k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€-3k▼
Transfer to equity691/2€15k€0▼
To other reserves6921€15k€0▼
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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-3k ▼121%
Net result drops to €-3k, the lowest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ninove · 1 establishment unit since 2023
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.
Brusselseheerweg 659403 NinoveGround area
707 m²
Building footprint
157 m²
Volume, LiDAR
819 m³
Parcel 41045A0227/00C000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MRT-service
since 20232.341.609.989
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41045A0227/00C000 | Flanders | 707 m² | 1 · 157 m² | 7.3 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.
Similar companies · same sector, comparable size
MIROIR - LOISEAU - PLOMB
BE 0430.347.824
Jurbise · Eq €72,163
CAENEN GEERT
BE 0754.709.191
Lanaken · Eq €72,194
SCHEPENS-VAN HESSCHE
BE 0448.006.970
Oudenaarde · Eq €72,085
CHAUFFAGE SANITAIRE CHEZ NOUS
BE 0894.575.471
Courcelles · Eq €72,073
CHAUFFAGE CLAREMBAUX
BE 0462.966.350
Braine-l'Alleud · Eq €72,252
Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,796 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
Founded07-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
33110Repair and maintenance of fabricated metal products
43211General electrical installation work
43221Plumbing work
43240Other construction installation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.