Financials
- Fiscal year
- 2025
- Total assets
- €2.0m
- Profit
- €373,315
- Solvency
- 23.9%
Total assets▲ 18.7%
Net result
20232025
MT Verhegge
ActiveSummary
MT Verhegge has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €475,853 and a net result of €373,315. Equity is growing by ~62.7% per year across the filed fiscal years. Its solvency ranks better than 23% of 1214 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Activity
Manufacture of metal structures and parts of structures
NACE 25110Machining of metals NACE 25530Manufacture of fabricated metal products, except machinery and equipment NACE 25620
1 site
Size
€2.0mtotal assets 2025
- Staff
- 2.5 FTE
- Equity
- €475,853
- Profit
- €373,315
Turnover not published (abridged schema)
Structure
Accounts filed 26 d late0 of 2 deeds read
Why 68- Founded in 2023- Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)+ Size: 2.5 FTE, total assets €2.0m+ Figures for FY 2025 (filed 26-08-2026)Show the evidence
Checked score
Score 2025
68
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 56% of its sector peers (NACE 25, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
49+6
equity 23.9% of total assets
Liquidity
39+9
short-term debt 42.9% · cash 7.5%
Profitability
92+6
return on assets 18.7%
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.7%
12-2024: 1.8%▲ +3.6% vs 11-2024
01-2025: 1.8%● 0.0% vs 12-2024
02-2025: 1.9%▲ +7.4% vs 01-2025
03-2025: 1.9%▼ -1.6% vs 02-2025
04-2025: 1.9%▲ +1.3% vs 03-2025
05-2025: 1.9%▲ +0.9% vs 04-2025
06-2025: 2.3%▲ +22.2% vs 05-2025
07-2025: 2.3%▼ -1.4% vs 06-2025
08-2025: 1.8%▼ -23.0% vs 07-2025
09-2025: 1.8%● 0.0% vs 08-2025
10-2025: 1.8%● 0.0% vs 09-2025
11-2025: 1.8%● 0.0% vs 10-2025
12-2025: 1.8%● 0.0% vs 11-2025
01-2026: 1.7%▼ -2.1% vs 12-2025
02-2026: 1.7%▼ -4.0% vs 01-2026
03-2026: 1.5%▼ -8.8% vs 02-2026
04-2026: 1.6%▲ +3.3% vs 03-2026
05-2026: 1.6%▲ +1.3% vs 04-2026
06-2026: 1.8%▲ +13.8% vs 05-2026
07-2026: 2.2%▲ +21.7% vs 06-2026
08-2026: 2.9%▲ +34.3% vs 07-2026highest value
09-2026: 0.8%▼ -71.1% vs 08-2026lowest value
10-2026: 0.9%▲ +1.1% vs 09-2026
- Founded in 2023 raises the probability for this profile
- Size: 2.5 FTE, total assets €2.0m lowers the probability for this profile
- Figures for FY 2025 (filed 26-08-2026) lowers the probability
- Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25) raises the probability
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.77 against 0.65 in 2024; short-term debt: 42.9% and cash: 7.5% of total assets), and 76.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 25, micro). Better than this share of them on solvency 27%, liquidity 27%, profitability 83%, growth against the median 88%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 1214 sector peers (2025).
NBB · sector comparisonPosition among 1214 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 3 filingsDeviation from the deadline
2025
26 d late
2024
15 d early
2023
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 26 August (3 of the last 3 filed years within 41 days of that day).
Companies Code · seven monthsPosition in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Highest result since 2023net €373,315 ▲65.3%
- Annual accounts filedfiscal year 2024 · abbreviated…
Key points
By topic
Timeline
- Events
- 5
- Since
- 2024
- Next accounts
- by 31-07-2027
- 26-08-2026Annual accounts filed
- 31-12-2025Highest result since 2023
- 16-07-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of metal structures and parts of structuresNACE 25110
- Founded
- 29-06-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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