MT TUINEN
The computed 12-month bankruptcy probability of MT TUINEN is 3.4% (moderate). The 2024 annual accounts show negative equity (€-10k) and a net result of €10k. Equity is growing by ~30.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 11087 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-10k |
| Net result | €10k |
| Better than sector | 5% |
| Active | 5 yrs |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -24.1% | 40.9% | |
| Net result | €10k | €11k | |
| Equity | €-10k | €34k | |
| Gross operating margin | €27k | €35k | |
| Total assets | €42k | €93k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €24k |
| Net profit | €10k |
| Cash flow | €15k |
| Staff costs | - |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €42k |
| Equity | €-10k |
| Debt | €52k |
| of which ≤ 1y | €52k |
| of which > 1y | - |
| Working capital | €-20k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.62 |
| Quick ratio | 0.58 |
| Working capital ratio | -47.4% |
| Solvency | -24.1% |
| Debt / equity | -5.15 |
| Long-term debt ratio | - |
| Interest coverage | 3.52 |
| Gross margin | - |
| Net margin | - |
| ROA | 23.4% |
| ROE | -97.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €42k |
| Fixed assets | 21/28 | €10k |
| Tangible fixed assets | 22/27 | €10k |
| Current assets | 29/58 | €32k |
| Stocks & contracts in progress | 3 | €2k |
| Amounts receivable within one year | 40/41 | €30k |
| Cash & bank | 54/58 | €1 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €42k |
| Equity | 10/15 | €-10k |
| Contributions / capital | 10/11 | €10k |
| Accumulated profits (losses) | 14 | €-20k |
| Amounts payable | 17/49 | €52k |
| Amounts payable within one year | 42/48 | €52k |
| Trade debts payable within one year | 44 | €11k |
| Income statement | ||
| Gross operating margin | 9900 | €27k |
| Operating result | 9901 | €19k |
| Financial income | 75 | €515 |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €13k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €10k |
| Result to be appropriated | 9905 | €10k |
| NACE primary | Plumbing(43221) |
| Legal form | Private limited company(610) |
| Incorporation | 01-07-2021 |
| Status | Active |
| Postal code | 9660 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45028B0581/00C000 | Flanders | 255 m² | 1 · 114 m² | 10.9 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
14-08-2024 Registered office moved from NAZARETH to BRAKEL
- S GRAVENSTRAAT 38 BUS 0102 - 9810 NAZARETH → WARANDE 98 TE 9660 BRAKEL
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "WARANDE 98 TE 9660 BRAKEL",
"city": "BRAKEL",
"region": "vlaams_gewest",
"street": "WARANDE",
"country": "BE",
"postcode": "9660",
"box_number": null,
"street_number": "98",
"locality_suffix": null
},
"old_address": {
"raw": "S GRAVENSTRAAT 38 BUS 0102 - 9810 NAZARETH",
"city": "NAZARETH",
"region": "vlaams_gewest",
"street": "GRAVENSTRAAT",
"country": "BE",
"postcode": "9810",
"box_number": "0102",
"street_number": "38",
"locality_suffix": null
},
"effective_date": "2024-06-30",
"evidence_quote": "UIT HET VERSLAG VAN DE BESTUURDER VAN 30 JUNI 2024 WORDT DE MAATSCHAPPELIJKE ZETEL VAN DE VENNOOTSCHAP OVERGEBRACHT VAN DE \u0027S GRAVENSTRAAT 38 BUS 0102 TE 9810 NAZARETH NAAR WARANDE 98 TE 9660 BRAKEL EN DIT MET INGANG VANAF 30 JUNI 2024.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-08-14",
"filing_date": "2024-08-02",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2024-06-30",
"unanimous": null
},
"subject_company": {
"kbo": "0770.595.714",
"name_full": "MT TUINEN",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "TUERLINCKX MATTHIAS",
"org_rep_person_name": null,
"person_role_at_subject": "BESTUURDER"
},
"co_filed_documents": []
}24-08-2023 Registered office moved from TIELT to NAZARETH
- DEINSESTEENWEG 274 -8700 TIELT - AARSELE → DE 'S GRAVENSTRAAT 38 BUS 0102 TE 9810 NAZARETH
Technical details
{
"events": [
{
"kind": "zetel_transfer_cross_border_in",
"seat_type": "siege_social",
"new_address": {
"raw": "DE \u0027S GRAVENSTRAAT 38 BUS 0102 TE 9810 NAZARETH",
"city": "NAZARETH",
"region": "foreign",
"street": "\u0027S GRAVENSTRAAT",
"country": "LU",
"postcode": "9810",
"box_number": "0102",
"street_number": "38",
"locality_suffix": null
},
"old_address": {
"raw": "DEINSESTEENWEG 274 -8700 TIELT - AARSELE",
"city": "TIELT",
"region": "vlaams_gewest",
"street": "DEINSESTEENWEG",
"country": "BE",
"postcode": "8700",
"box_number": null,
"street_number": "274",
"locality_suffix": null
},
"effective_date": "2023-06-30",
"evidence_quote": "UIT HET VERSLAG VAN DE BESTUURDER VAN 30 JUNI 2023 WORDT DE MAATSCHAPPELIJKE ZETEL VAN DE VENNOOTSCHAP OVERGEBRACHT VAN DE DEINSESTEENWEG 274 TE 8700 TIELT -AARSELE NAAR DE \u0027S GRAVENSTRAAT 38 BUS 0102 TE 9810 NAZARETH EN DIT MET INGANG VANAF 30 JUNI 2023.",
"region_changed": true,
"is_statute_change": true,
"nationality_change": true,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2023-08-14",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2023-06-30",
"unanimous": null
},
"subject_company": {
"kbo": "0770.595.714",
"name_full": "MT TUINEN",
"legal_form": "BESLOTEN VENNOOTSCHAP"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "TUERLINCKX MATTHIAS",
"org_rep_person_name": null,
"person_role_at_subject": "BESTUURDER"
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MT TUINEN |