Less equity than 90% of companies in food and beverage service. Sector median €28,354 · 18,541 companies.
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, 6,007 companies had the same profile as MT CONCEPT has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Micro
5 to 10 years old
negative equity
a loss of 10% of the balance sheet or more
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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
2.9%
3.1%
10
5.6%
6.1%
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 6,007 companies, not a prediction for MT CONCEPT. 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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Registered in the Peppol Directory
Reachable for e-invoices through 0208:0745839136
Incorporation
Founding capital of €20,000, 200 shares · Founders: Name hiddenVisible after signing in and Hidden nameVisible after signing in · Appointments: Name after signing inVisible after signing in (director) and Name hiddenVisible after signing in (director) · published on 08-04-2020 · 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 MT CONCEPT: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €43,400 and €60,400, founded between 2019 and 2020.
The company number of MT CONCEPT is 0745.839.136. The VAT number is the same number with BE in front: BE 0745.839.136.
Where is MT CONCEPT based?
The registered office is at Rue de Nimy 1, 7000 Mons.Company details
What does MT CONCEPT do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of MT CONCEPT?
MT CONCEPT is a private limited company (BV).
When was MT CONCEPT founded?
MT CONCEPT was founded on 06-04-2020.
Is MT CONCEPT still active?
Yes, MT CONCEPT is an active enterprise in the KBO register.
How many employees does MT CONCEPT have?
MT CONCEPT had an average of 5.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MT CONCEPT fall under?
In its 2025 annual accounts, MT CONCEPT states joint committee 302 (Hotels and catering).
What is the turnover of MT CONCEPT?
The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €68,623 and 36 comparable companies (NACE 56301). It probably lies between €210,000 and €320,000.
Is MT CONCEPT profitable?
In financial year 2025, MT CONCEPT made a loss of €24,066.
Where can I find the annual accounts of MT CONCEPT?
MT CONCEPT filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MT CONCEPT due?
MT CONCEPT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline