Turnover
≈ €140,000 estimated
The micro format states no turnover.
MT TECHNICS
Lifetime
4 annual accounts with figures on one time axispeak €22,217 (2022)
€10,924▲ 1.0%
lowest -€346 (2024)
€342▲ €688
peak €20,968 (2023)
€20,965▲ 1.7%
€42,244▼ 28.4%
Board1 name since 2021
1 directorTAS Mehmet Ali Alp
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Back to profit: €342Debts from €59,002 to €42,244
Key points
from the 2025 annual accountsChecked score
63
Healthy
Financially stronger than 32% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.1%
01-2025: 2.0%▼ -0.1 percentage points vs 12-2024
02-2025: 1.6%▼ -0.4 percentage points vs 01-2025
03-2025: 1.6%● unchanged vs 02-2025
04-2025: 1.7%▲ +0.1 percentage points vs 03-2025
05-2025: 1.7%● unchanged vs 04-2025
06-2025: 1.7%● unchanged vs 05-2025
07-2025: 1.8%▲ +0.1 percentage points vs 06-2025
08-2025: 1.8%● unchanged vs 07-2025
09-2025: 1.8%● unchanged vs 08-2025
10-2025: 1.8%● unchanged vs 09-2025
11-2025: 1.8%● unchanged vs 10-2025
12-2025: 1.8%● unchanged vs 11-2025
01-2026: 1.8%● unchanged vs 12-2025
02-2026: 1.8%● unchanged vs 01-2026
03-2026: 1.7%▼ -0.1 percentage points vs 02-2026
04-2026: 1.9%▲ +0.2 percentage points vs 03-2026
05-2026: 2.0%▲ +0.1 percentage points vs 04-2026
06-2026: 2.0%● unchanged vs 05-2026
07-2026: 2.0%● unchanged vs 06-2026
08-2026: 2.0%● unchanged vs 07-2026
09-2026: 2.1%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 1.4%▼ -0.7 percentage points vs 09-2026lowest value
11-2026: 1.4%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Founded in 2021
Size: total assets €63,209
Sector: Specialised construction activities (NACE 43)
lowers risk
Figures for financial year 2025 (filed on 30-06-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 35% of them on solvency, 36% on liquidity, 16% on profitability and 40% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,047 companies had the same profile as MT TECHNICS has now. Each dot stands for 13 companies, two years later.
94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
That fits the bankruptcy probability of MT TECHNICS itself: 1.4% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 5,047 companies, not a prediction for MT TECHNICS. 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 of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.98 (2.32 in 2024), above the usual 1.5. Short-term debt is 30.9% and cash 6.9% of total assets. However, 66.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
31 days early
2024
31 days early
2023
21 days early
2022
33 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 29 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0768833777
Purpose change
“Het verwerven en aanhouden van participaties in eender welke vorm,in alle bestaande of op te richten…” (deed in Dutch) · General meeting of 21-09-2022 · Gazette deed
Incorporation
Founder: TAS Mehmet Ali Alp (oprichter aandeelhouder) · 100 shares · Appointment: TAS Mehmet Ali Alp (director) · published on 01-06-2021 · Gazette deed
First establishment
MT Technics - Meneer Olifant, Hexheuvelstraat 11, Lanaken
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MT TECHNICS Lanaken | €63,209 | €10,924 | 33.2% | - |
| Coorum Hasselt | €58,326 | €10,506 | 69.3% | - |
| AK-CONCEPT Beringen | €65,232 | €13,221 | 84.4% | - |
| POLAR SOLUTIONS Sint-Truiden | €52,345 | €11,151 | -82.6% | - |
| NM CHAUFFAGE ET FROID Watermael-Boitsfort | €59,936 | €12,062 | 47.4% | - |
| JB-COOLING Nijlen | €60,196 | €9,819 | 56.0% | - |
| NEGHINA GENERAL SERVICES Kraainem | €57,717 | €10,443 | 100.0% | - |
These companies have the same main activity as MT TECHNICS: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €52,300 and €65,200, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 28-05-2021Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 1 other
- Establishment unit
- 2.317.630.8963620 Lanaken, since 28-05-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 12-01-2026
Annual accounts 2025
- €63,209▼ 20.6%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on MT TECHNICS
MT TECHNICS files the micro format. That format states no turnover. The gross margin fell from €22,217 in 2022 to €10,924 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MT TECHNICS
- What is the company number of MT TECHNICS?
- The company number of MT TECHNICS is 0768.833.777. The VAT number is the same number with BE in front: BE 0768.833.777.
- Where is MT TECHNICS based?
- The registered office is at Hexheuvelstraat 11, 3620 Lanaken.Company details
- What does MT TECHNICS do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of MT TECHNICS?
- MT TECHNICS is a private limited company (BV).
- When was MT TECHNICS founded?
- MT TECHNICS was founded on 28-05-2021.
- Is MT TECHNICS still active?
- Yes, MT TECHNICS is an active enterprise in the KBO register.
- What is the turnover of MT TECHNICS?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €10,924 and 32 comparable companies (NACE 43222). It probably lies between €89,000 and €200,000. It is a rough estimate.Financials
- Is MT TECHNICS profitable?
- In financial year 2025, MT TECHNICS made a profit of €342.
- Where can I find the annual accounts of MT TECHNICS?
- MT TECHNICS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MT TECHNICS due?
- MT TECHNICS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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