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MT-Line

Active
Private limited companyfounded 20251 yr activeReigerlaan(BRA) 22, 2880 Bornem, BelgiumKBO/BCE: BE 1021.924.296
Summary

The computed 12-month bankruptcy probability of MT-Line is 1.5% (moderate). The 2025 annual accounts show equity of €37,616 and a net result of €32,616. Its solvency ranks better than 31% of 28184 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency55
Growth-
Track record67
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity tight (current ratio 1.14; short-term debt: 41.7% and cash: 38.3% of total assets), and 69.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
30.1%
Return on assets
26.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 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 · 1 filing
Deviation from the deadline
2025
56 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 3 April 2025, MT-Line was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€37,616
Total assets
€124,862
Net result
€32,616
Working capital
€7,500

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €124,862
Fixed assets €65,351
Current assets €59,511
Equity and liabilities €124,862
Equity €37,616
Debt €87,246
Debt finances 69.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€55,573
Cash flow
€43,236
Current ratio
1.14
Debt to equity
2.32
ROE
86.7%
ROA
26.1%
Interest coverage
47.79
Debt ≤ 1 year
€52,012
Debt > 1 year
€35,235
Income taxes
€11,174

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 42 lines
Balance sheet Code2025
Assets
Total assets20/58€124,862
Fixed assets21/28€65,351
Tangible fixed assets22/27€65,351
Furniture and vehicles24€28,137
Leasing and similar rights25€37,214
Current assets29/58€59,511
Amounts receivable within one year40/41€10,099
Trade receivables40€2,195
Other amounts receivable41€7,904
Cash at bank and in hand54/58€47,806
Deferred charges and accrued income490/1€1,606
Equity and liabilities
Total equity and liabilities10/49€124,862
Equity10/15€37,616
Contributions10/11€5,000
Reserves13€32,616
Distributable reserves133€32,616
Amounts payable17/49€87,246
Amounts payable after more than one year17€35,235
Financial debts170/4€35,235
Amounts payable within one year42/48€52,012
Current portion of amounts payable after more than one year42€13,875
Trade debts44€9,813
Suppliers440/4€9,813
Taxes, remuneration and social security45€1,174
Taxes450/3€1,174
Other amounts payable47/48€27,149
Income statement Code2025
Non-recurring operating income76A€2,256
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,620
Other operating charges640/8€1,901
Gross operating margin9900€57,474
Operating profit (loss)9901€44,953
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€1,163
Recurring financial charges65€1,163
Profit (loss) for the period before taxes9903€43,790
Income taxes67/77€11,174
Profit (loss) for the period9904€32,616
Profit (loss) for the period to be appropriated9905€32,616
Appropriation of the result
Profit (loss) to be appropriated9906€32,616
Transfer to equity691/2€32,616
To other reserves6921€32,616

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Non-recurring operating income76A€2,256
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,620
Other operating charges640/8€1,901
Gross operating margin9900€57,474
Operating profit (loss)9901€44,953
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€1,163
Recurring financial charges65€1,163
Profit (loss) for the period before taxes9903€43,790
Income taxes67/77€11,174
Profit (loss) for the period9904€32,616
Profit (loss) for the period to be appropriated9905€32,616
Line2025
Assets
Total assets20/58€124,862
Fixed assets21/28€65,351
Tangible fixed assets22/27€65,351
Furniture and vehicles24€28,137
Leasing and similar rights25€37,214
Current assets29/58€59,511
Amounts receivable within one year40/41€10,099
Trade receivables40€2,195
Other amounts receivable41€7,904
Cash at bank and in hand54/58€47,806
Deferred charges and accrued income490/1€1,606
Equity and liabilities
Total equity and liabilities10/49€124,862
Equity10/15€37,616
Contributions10/11€5,000
Reserves13€32,616
Distributable reserves133€32,616
Amounts payable17/49€87,246
Amounts payable after more than one year17€35,235
Financial debts170/4€35,235
Amounts payable within one year42/48€52,012
Current portion of amounts payable after more than one year42€13,875
Trade debts44€9,813
Suppliers440/4€9,813
Taxes, remuneration and social security45€1,174
Taxes450/3€1,174
Other amounts payable47/48€27,149
Line2025
Profit (loss) for the period9904€32,616
+ Depreciation and write-downs630€10,620
Operating cash flow (approximation)€43,236

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
25-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 56 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Bornem · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
798 m²
Building footprint
111 m²
Volume, LiDAR
435 m³
Parcel 12362G0718/00Y002, Flanders · tallest building 5.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MT-Line
Reigerlaan(BRA) 22, 2880 BornemOther specialised construction activities
since 20252.372.361.167
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12362G0718/00Y002 Flanders 798 m² 1 · 111 m² 5.2 m · 1 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.

Similar companies · same sector, comparable size

Of 15,521 companies in sector 43990 we hold annual accounts for 7,420. 5,887 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
Founded03-04-2025
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43310Plastering work
43331Floor and wall tiling
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID 0208:1021924296
Also 9925:BE1021924296
Registered 01-07-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.