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MT@WORK

Active
Private limited companyfounded 2015active for 11 yearsZeypestraat 3, 1602 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0632.888.574

From the official registers: KBO 10 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MT@WORK has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€41,542) and a net result of €37,490. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 7% of 12,757 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

KBO
Status
Active since 30-06-2015 Normal situation
Activity
Retail sale of footwear NACE 47721and 2 others
Establishment units
2.243.615.146 1602 Sint-Pieters-Leeuw, since 30-06-2015
2.298.308.102 1000 Brussel, since 01-01-2020
Financial year end
31 December
Peppol
Reachable since 05-01-2026

Board and ownership

Board

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts 2025
Gross margin
€37,775
▼ 9.8%
Turnover
≈ €170,000
estimated
Profit
€37,490
Equity
-€41,542
▲ 47.4%
Total assets
€106,316
▼ 32.4%
Staff
0.6 FTE
▼ 53.8%
Filed on 30-07-2026, 1 day before the deadlineat the National Bank
Score breakdownraises riskCapped at 59: negative equityNegative equity -€41,542Sector: Retail trade (NACE 47)lowers riskSize: 0.6 FTE, total assets €106,316Founded in 2015Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 47% of micro companies in retail trade (NACE 47)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -39.1% of total assets
Liquidity 23+18
short-term debt 95.2% · cash 18.0%
Profitability 82+82
return on assets 35.3%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 1.5% 12-2024: 1.5%● unchanged vs 11-2024 01-2025: 1.5%● unchanged vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.6%▲ +0.1 percentage points vs 03-2025 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 1.5%▼ -0.1 percentage points vs 05-2025 07-2025: 1.7%▲ +0.2 percentage points vs 06-2025 08-2025: 6.4%▲ +4.7 percentage points vs 07-2025highest value 09-2025: 6.4%● unchanged vs 08-2025highest value 10-2025: 6.4%● unchanged vs 09-2025highest value 11-2025: 6.4%● unchanged vs 10-2025highest value 12-2025: 6.4%● unchanged vs 11-2025 01-2026: 6.4%● unchanged vs 12-2025 02-2026: 6.4%● unchanged vs 01-2026 03-2026: 6.2%▼ -0.2 percentage points vs 02-2026 04-2026: 6.2%● unchanged vs 03-2026 05-2026: 6.0%▼ -0.2 percentage points vs 04-2026 06-2026: 5.8%▼ -0.2 percentage points vs 05-2026 07-2026: 6.0%▲ +0.2 percentage points vs 06-2026 08-2026: 1.4%▼ -4.6 percentage points vs 07-2026lowest value 09-2026: 1.4%● unchanged vs 08-2026lowest value 10-2026: 1.4%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity is tight, with a current ratio of 1.01 (0.95 in 2024), below the usual 1.5. Short-term debt is 95.2% and cash 18% of total assets. Equity is negative.
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 47, micro). It does better than 6% of them on solvency, 20% on liquidity, 76% on profitability and 85% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€41,542
NBB · annual accounts
lowers risk · Size: 0.6 FTE, total assets €106,316
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2015
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 12757 sector peers (2025).
NBB · sector comparison
Position among 12757 sector peers
Solvency
better than 7%
← weakest strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
1 day early
2023
7 days early
2022
17 days early
2021
5 days early
2020
38 days early
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 26 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€41,542 View
  • Positive: Back in profit in 2025after a loss of €154,136 in 2024 €37,490 View
  • Caution: Lower solvency than 92% of companies in retail tradesector median 36.6% · 12,757 companies -39.1% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Comparable companies

These companies have the same main activity as MT@WORK: retail sale of footwear (NACE 47721). They are comparable in size and age: total assets between €82,100 and €156,000, founded between 2004 and 2017.

CompanyTotal assetsGross margin
MT@WORK Sint-Pieters-Leeuw€106,316€37,775
PIM Londerzeel€82,069€57,349
Modena Schoenmode Lommel€108,583€83,817
SF AGENCY Boechout€95,143€51,062
KIM JOY Sint-Jans-Molenbeek€155,500€33,438
ASMO Antwerpen€116,302€36,999
PIED DE NEZ Braine-l'Alleud€93,492€55,730
Full comparison

Documents

Annual accounts at the NBB

All 10 annual accounts

Articles and registers

Key facts about MT@WORK

What is the company number of MT@WORK?
The company number of MT@WORK is 0632.888.574. The VAT number is the same number with BE in front: BE 0632.888.574.
Where is MT@WORK based?
The registered office is at Zeypestraat 3, 1602 Sint-Pieters-Leeuw.Company details
What does MT@WORK do?
According to the KBO register, the main activity is retail sale of footwear (NACE 47721).
What is the legal form of MT@WORK?
The legal form of MT@WORK is Private limited company (BV).
When was MT@WORK founded?
MT@WORK was founded on 30-06-2015.
Is MT@WORK still active?
Yes, MT@WORK is an active enterprise in the KBO register.
How many employees does MT@WORK have?
MT@WORK had an average of 0.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MT@WORK?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €37,775 and 73 comparable companies (NACE 477). It probably lies between €94,000 and €320,000.
Is MT@WORK profitable?
In financial year 2025, MT@WORK made a profit of €37,490.
Where can I find the annual accounts of MT@WORK?
MT@WORK filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of MT@WORK due?
MT@WORK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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