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MT Management

Active
Private limited companyfounded 2025active for 1 yearRue de Neufchâteau 39, 6600 Bastogne, BelgiumKBO/BCE: BE 1018.535.137

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 30-06-2026 at the NBB

Turnover
≈ €200,000
Estimated: probably between €150,000 and €260,000
Total assets
€401,003
Net result
€179,796
Working capital
€128,463

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €401,003
Fixed assets €200,193
Current assets €200,810
Equity and liabilities €401,003
Equity €184,796
Debt €216,208
Debt's share of the balance-sheet total is 53.9%.
Key figures and ratios
2025 value
EBITDA
€85,207
Cash flow
€182,955
Current ratio
2.78
Debt to equity
1.17
ROE
97.3%
ROA
44.8%
Interest coverage
24.77
Debt ≤ 1 year
€72,348
Debt > 1 year
€143,860
Income taxes
€19,902

Investments

fixed assets acquired
Item2025
Tangible fixed assets€18,160
Financial fixed assets€185,192
Depreciation and write-downs of the year€3,159

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

Comparable companies

These companies have the same main activity as MT Management: activities of notaries (NACE 69102). They are comparable in size and age: total assets between €292,000 and €485,000, founded between 2023 and 2024.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
MT Management Bastogne2025€401,003€184,796€85,420€179,7962025
Notariële Participatievennootschap Delphine Dumoulin Antwerpen2024€410,202€31,395€53,489€36,8952025
Nicolas GHYSENS, société notariale Liège2024€292,213€10,144€101,241€16,4682025
CCN MANAGEMENT Braives2023€395,648€60,242€85,969€55,2422025
MATHILDE DIERYCK, NOTAIRE ASSOCIEE Tournai2023€398,759€159,987€114,009€81,0912025
Notaris Neesen Riemst2023€485,321€110,807€109,620€75,8302025
+257 JEHN Visé2024€321,358€222,145€149,753€114,2542025

They were chosen from the 1,795 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 11,279 companies had the same profile as MT Management has now. Two years later, 0.7% had gone bankrupt and 96.6% were 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
96.6% was still going

That fits the bankruptcy probability of MT Management itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 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 11,279 companies, not a prediction for MT Management. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines

Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.

Balance sheet Code2025
Assets
Total assets20/58€401,003
Fixed assets21/28€200,193
Tangible fixed assets22/27€15,001
Furniture and vehicles24€15,001
Financial fixed assets28€185,192
Current assets29/58€200,810
Amounts receivable within one year40/41€140,521
Trade receivables40€19,330
Other amounts receivable41€121,190
Cash at bank and in hand54/58€60,290
Equity and liabilities
Total equity and liabilities10/49€401,003
Equity10/15€184,796
Contributions10/11€5,000
Profit (loss) carried forward14€179,796
Amounts payable17/49€216,208
Amounts payable after more than one year17€143,860
Financial debts170/4€143,860
Amounts payable within one year42/48€72,348
Current portion of amounts payable after more than one year42€25,001
Trade debts44€17,767
Suppliers440/4€17,767
Taxes, remuneration and social security45€29,581
Taxes450/3€29,581
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,159
Other operating charges640/8€212
Gross operating margin9900€85,420
Operating profit (loss)9901€82,048
Financial income75/76B€121,090
Recurring financial income75€121,090
Financial charges65/66B€3,440
Recurring financial charges65€3,440
Profit (loss) for the period before taxes9903€199,697
Income taxes67/77€19,902
Profit (loss) for the period9904€179,796
Profit (loss) for the period to be appropriated9905€179,796
Appropriation of the result
Profit (loss) to be appropriated9906€179,796

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,159
Other operating charges640/8€212
Gross operating margin9900€85,420
Operating profit (loss)9901€82,048
Financial income75/76B€121,090
Recurring financial income75€121,090
Financial charges65/66B€3,440
Recurring financial charges65€3,440
Profit (loss) for the period before taxes9903€199,697
Income taxes67/77€19,902
Profit (loss) for the period9904€179,796
Profit (loss) for the period to be appropriated9905€179,796
Line2025
Assets
Total assets20/58€401,003
Fixed assets21/28€200,193
Tangible fixed assets22/27€15,001
Furniture and vehicles24€15,001
Financial fixed assets28€185,192
Current assets29/58€200,810
Amounts receivable within one year40/41€140,521
Trade receivables40€19,330
Other amounts receivable41€121,190
Cash at bank and in hand54/58€60,290
Equity and liabilities
Total equity and liabilities10/49€401,003
Equity10/15€184,796
Contributions10/11€5,000
Profit (loss) carried forward14€179,796
Amounts payable17/49€216,208
Amounts payable after more than one year17€143,860
Financial debts170/4€143,860
Amounts payable within one year42/48€72,348
Current portion of amounts payable after more than one year42€25,001
Trade debts44€17,767
Suppliers440/4€17,767
Taxes, remuneration and social security45€29,581
Taxes450/3€29,581
Line2025
Profit (loss) for the period9904€179,796
+ Depreciation and write-downs630€3,159
Operating cash flow (approximation)€182,955

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

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Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 30-06-2026 2026-00222057 NBB

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