MT CONCEPT
ActiveSummary
MT CONCEPT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €958k and a net result of €56k. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 66% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+5
Solvency96▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 13.5 against 4.97 in 2024; short-term debt: 4% and cash: 6.4% of total assets), and 28.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.4%
Return on assets
4.2%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-05-2026, 17 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
17 d late
2024
29 d late
2023
26 d late
2022
11 d late
2021
17 d late
2020
2 d early
2019
10 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€958k▼ 12.3%
2024 · €1.09M
2018: €344klowest in 8 years
2019: €536k▲ +55.8% vs 2018
2020: €750k▲ +40.0% vs 2019
2021: €967k▲ +28.9% vs 2020
2022: €1.18M▲ +21.6% vs 2021
2023: €1.22M▲ +4.1% vs 2022highest in 8 years
2024: €1.09M▼ -10.7% vs 2023
2025: €958k▼ -12.3% vs 2024
2018 → 2025
Total assets
€1.34M▼ 18.8%
2024 · €1.65M
2018: €375klowest in 8 years
2019: €547k▲ +45.7% vs 2018
2020: €826k▲ +51.1% vs 2019
2021: €979k▲ +18.5% vs 2020
2022: €1.19M▲ +21.6% vs 2021
2023: €1.62M▲ +36.3% vs 2022
2024: €1.65M▲ +1.8% vs 2023highest in 8 years
2025: €1.34M▼ -18.8% vs 2024
2018 → 2025
Net result
€56k▲ 36.9%
2024 · €41k
2018: €174k
2019: €192k▲ +10.3% vs 2018
2020: €226k▲ +18.0% vs 2019highest in 8 years
2021: €217k▼ -4.2% vs 2020
2022: €209k▼ -3.6% vs 2021
2023: €138k▼ -34.0% vs 2022
2024: €41k▼ -70.3% vs 2023lowest in 8 years
2025: €56k▲ +36.9% vs 2024
2018 → 2025
Working capital
€679k▼ 16.7%
2024 · €815k
2018: €344klowest in 8 years
2019: €518k▲ +50.7% vs 2018
2020: €714k▲ +37.7% vs 2019
2021: €941k▲ +31.8% vs 2020
2022: €1.15M▲ +22.3% vs 2021highest in 8 years
2023: €998k▼ -13.3% vs 2022
2024: €815k▼ -18.3% vs 2023
2025: €679k▼ -16.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€967k-€1.18M▲ 21.6%€1.22M▲ 4.1%€1.09M▼ 10.7%€958k▼ 12.3%
2021: €967k
2022: €1.18M▲ +21.6% vs 2021
2023: €1.22M▲ +4.1% vs 2022highest in 5 years
2024: €1.09M▼ -10.7% vs 2023
2025: €958k▼ -12.3% vs 2024lowest in 5 years
Operating result€311k-€291k▼ 6.4%€202k▼ 30.4%€61k▼ 70.1%€86k▲ 42.3%
2021: €311khighest in 5 years
2022: €291k▼ -6.4% vs 2021
2023: €202k▼ -30.4% vs 2022
2024: €61k▼ -70.1% vs 2023lowest in 5 years
2025: €86k▲ +42.3% vs 2024
Net result€217k-€209k▼ 3.6%€138k▼ 34.0%€41k▼ 70.3%€56k▲ 36.9%
2021: €217khighest in 5 years
2022: €209k▼ -3.6% vs 2021
2023: €138k▼ -34.0% vs 2022
2024: €41k▼ -70.3% vs 2023lowest in 5 years
2025: €56k▲ +36.9% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 42% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.34M
Fixed assets
€608k ▼ 3.7%
Current assets
€733k ▼ 28.1%
Equity and liabilities €1.34M
Equity
€958k ▼ 12.3%
Debt
€383k ▼ 31.5%
Debt's share of the balance-sheet total falls from 33.9% to 28.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€116k▲
2024 · €88k
Cash flow
€85k▲
2024 · €68k
Current ratio
13.50▲
2024 · 4.97
Debt to equity
0.40▼
2024 · 0.51
ROE
5.9%▲
2024 · 3.8%
ROA
4.2%▲
2024 · 2.5%
Interest coverage
7.80▲
2024 · 5.62
Debt ≤ 1 year
€54k▼
2024 · €205k
Debt > 1 year
€329k▼
2024 · €351k
Income taxes
€22k▲
2024 · €15k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.65M€1.34M▼
Fixed assets21/28€632k€608k▼
Tangible fixed assets22/27€632k€608k▼
Land and buildings22€615k€597k▼
Furniture and vehicles24€13k€7k▼
Other tangible fixed assets26€4k€4k▼
Current assets29/58€1.02M€733k▼
Amounts receivable within one year40/41€520k€341k▼
Trade receivables40-€30k
Other amounts receivable41€520k€311k▼
Current investments50/53€405k€306k▼
Cash at bank and in hand54/58€95k€86k▼
Equity and liabilities
Total equity and liabilities10/49€1.65M€1.34M▼
Equity10/15€1.09M€958k▼
Contributions10/11€19k€19k=
Reserves13€1.07M€933k▼
Distributable reserves133€1.07M€933k▼
Profit (loss) carried forward14€7k€7k▲
Amounts payable17/49€559k€383k▼
Amounts payable after more than one year17€351k€329k▼
Financial debts170/4€351k€329k▼
Amounts payable within one year42/48€205k€54k▼
Current portion of amounts payable after more than one year42€21k€25k▲
Trade debts44€9k€1k▼
Suppliers440/4€9k€1k▼
Taxes, remuneration and social security45€2k€17k▲
Taxes450/3€2k€17k▲
Other amounts payable47/48€174k€11k▼
Accrued charges and deferred income492/3€3k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€29k▲
Other operating charges640/8€6k€6k▲
Gross operating margin9900€94k€121k▲
Operating profit (loss)9901€61k€86k▲
Financial income75/76B€11k€7k▼
Recurring financial income75€11k€7k▼
Financial charges65/66B€16k€15k▼
Recurring financial charges65€16k€15k▼
Profit (loss) for the period before taxes9903€56k€78k▲
Income taxes67/77€15k€22k▲
Profit (loss) for the period9904€41k€56k▲
Profit (loss) for the period to be appropriated9905€41k€56k▲
Appropriation of the result
Profit (loss) to be appropriated9906€57k€63k▲
Profit (loss) brought forward from the previous period14P€16k€7k▼
Transfer from equity791/2€173k€190k▲
Transfer to equity691/2€50k€56k▲
To other reserves6921€50k€56k▲
Profit to be distributed694/7€173k€190k▲
Return on contributions (dividend)694€173k€190k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €11k | €17k | €27k | €29k | ▲ 7.6% |
| Other operating charges640/8 | €3k | €3k | €6k | €6k | €6k | ▲ 0.7% |
| Gross operating margin9900 | €324k | €305k | €226k | €94k | €121k | ▲ 29.7% |
| Operating profit (loss)9901 | €311k | €291k | €202k | €61k | €86k | ▲ 42.3% |
| Financial income75/76B | €2k | €11k | €9k | €11k | €7k | ▼ 39.5% |
| Recurring financial income75 | €2k | €11k | €9k | €11k | €7k | ▼ 39.5% |
| Financial charges65/66B | €2k | €1k | €9k | €16k | €15k | ▼ 5.2% |
| Recurring financial charges65 | €2k | €1k | €9k | €16k | €15k | ▼ 5.2% |
| Profit (loss) for the period before taxes9903 | €311k | €301k | €203k | €56k | €78k | ▲ 39.2% |
| Income taxes67/77 | €94k | €92k | €65k | €15k | €22k | ▲ 45.7% |
| Profit (loss) for the period9904 | €217k | €209k | €138k | €41k | €56k | ▲ 36.9% |
| Profit (loss) for the period to be appropriated9905 | €217k | €209k | €138k | €41k | €56k | ▲ 36.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €979k | €1.19M | €1.62M | €1.65M | €1.34M | ▼ 18.8% |
| Fixed assets21/28 | €26k | €25k | €599k | €632k | €608k | ▼ 3.7% |
| Tangible fixed assets22/27 | €26k | €25k | €599k | €632k | €608k | ▼ 3.7% |
| Land and buildings22 | - | €4k | €588k | €615k | €597k | ▼ 2.8% |
| Furniture and vehicles24 | €8k | €4k | €1k | €13k | €7k | ▼ 43.9% |
| Other tangible fixed assets26 | €18k | €17k | €10k | €4k | €4k | ▼ 14.3% |
| Current assets29/58 | €953k | €1.17M | €1.02M | €1.02M | €733k | ▼ 28.1% |
| Amounts receivable within one year40/41 | €212k | €802k | €540k | €520k | €341k | ▼ 34.4% |
| Trade receivables40 | €21k | €44k | €26k | - | €30k | - |
| Other amounts receivable41 | €190k | €758k | €514k | €520k | €311k | ▼ 40.2% |
| Current investments50/53 | €511k | €3k | €433k | €405k | €306k | ▼ 24.3% |
| Cash at bank and in hand54/58 | €221k | €355k | €50k | €95k | €86k | ▼ 10.0% |
| Deferred charges and accrued income490/1 | €10k | €6k | €2k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €979k | €1.19M | €1.62M | €1.65M | €1.34M | ▼ 18.8% |
| Equity10/15 | €967k | €1.18M | €1.22M | €1.09M | €958k | ▼ 12.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €932k | €1.14M | €1.19M | €1.07M | €933k | ▼ 12.6% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €931k | €1.14M | €1.19M | €1.07M | €933k | ▼ 12.6% |
| Profit (loss) carried forward14 | €16k | €16k | €16k | €7k | €7k | ▲ 1.2% |
| Amounts payable17/49 | €12k | €15k | €399k | €559k | €383k | ▼ 31.5% |
| Amounts payable after more than one year17 | - | - | €372k | €351k | €329k | ▼ 6.2% |
| Financial debts170/4 | - | - | €372k | €351k | €329k | ▼ 6.2% |
| Amounts payable within one year42/48 | €12k | €15k | €27k | €205k | €54k | ▼ 73.5% |
| Current portion of amounts payable after more than one year42 | - | - | €20k | €21k | €25k | ▲ 18.1% |
| Trade debts44 | €7k | €9k | €800 | €9k | €1k | ▼ 87.0% |
| Suppliers440/4 | €7k | €9k | €800 | €9k | €1k | ▼ 87.0% |
| Taxes, remuneration and social security45 | €5k | €5k | €5k | €2k | €17k | ▲ 1,034% |
| Taxes450/3 | €5k | €5k | €5k | €2k | €17k | ▲ 1,034% |
| Other amounts payable47/48 | €781 | €1k | €1k | €174k | €11k | ▼ 93.5% |
| Accrued charges and deferred income492/3 | - | - | €900 | €3k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €217k | €209k | €138k | €41k | €56k | ▲ 36.9% |
| + Depreciation and write-downs630 | €10k | €11k | €17k | €27k | €29k | ▲ 7.6% |
| Operating cash flow (approximation) | €227k | €220k | €155k | €68k | €85k | ▲ 25.1% |
| Investment in fixed assets (approximation) | - | €-11k | €-590k | €-60k | €-6k | ▲ 89.9% |
| Change in cash | - | €134k | €-305k | €45k | €-10k | ▼ 121% |
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
17-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
30-09
Financial
Liquidity triplescurrent ratio 13.50
Current ratio from 4.97 to 13.50; short-term debt falls from €205k to €54k.
29-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-09
Financial
Weakest financial yearnet €41k ▼70.3%
Net result drops to €41k, the lowest in the series; recovery starts the following year.
26-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
30-09
Financial
Equity above €1MEq €1.18M ▲21.6%
5 profitable years in a row build equity to €1.18M.
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
30-09
Financial
Liquidity times 8current ratio 79.91
Current ratio from 10.37 to 79.91; short-term debt falls from €76k to €12k.
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Highest result since 2018net €226k ▲18%
Operating result €341k, net result €226k, both a record.
20-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
30-09
Financial
Liquidity quadruplescurrent ratio 47.83
Current ratio from 12.03 to 47.83; short-term debt falls from €31k to €11k.
30-09
Financial
Equity above €500kEq €536k ▲55.8%
2 profitable years in a row build equity to €536k.
21-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
14-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
08-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Burdinne · 1 establishment unit since 2011
Ground area
1,101 m²
Building footprint
83 m²
Volume, LiDAR
526 m³
Parcel 61040B0213/00L000, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MT CONCEPT
since 20112.203.660.549
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61040B0213/00L000 | Wallonia | 1,101 m² | 1 · 83 m² | 7.5 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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 28,304 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
Founded31-10-2011
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
68310Real estate agency activities
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.