Financials
- Fiscal year
- 2025
- Total assets
- €70,272
- Profit
- €3,807
- Solvency
- 35.2%
Total assets▼ 17.1%
Net result
20232025
MT WORKS
ActiveSummary
The computed 12-month bankruptcy probability of MT WORKS is 1.6% (moderate). The 2025 annual accounts show equity of €24,760 and a net result of €3,807. Equity is growing by ~36% per year across the filed fiscal years. Its solvency ranks better than 37% of 30651 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
General electrical installation work
NACE 43211
1 site
Size
€70,272total assets 2025
- Equity
- €24,760
- Profit
- €3,807
Turnover not published (abridged schema)
Structure
Accounts 18 d early0 of 2 deeds read
Why 63- Founded in 2022- 1 change of registered office in 24 months+ Figures for FY 2025 (filed 13-07-2026)+ Liquidity: current ratio 0.65, cash €8,470Show the evidence
Checked score
Score 2025
63
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 49% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
60+10
equity 35.2% of total assets
Liquidity
51-2
short-term debt 33.1% · cash 12.1%
Profitability
76-9
return on assets 5.4%
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 16 months
07-2025: 2.9%
08-2025: 2.3%▼ -19.0% vs 07-2025
09-2025: 2.3%● 0.0% vs 08-2025
10-2025: 2.3%● 0.0% vs 09-2025
11-2025: 2.3%● 0.0% vs 10-2025
12-2025: 2.3%● 0.0% vs 11-2025
01-2026: 2.3%▼ -0.2% vs 12-2025
02-2026: 2.3%● 0.0% vs 01-2026
03-2026: 2.3%● 0.0% vs 02-2026
04-2026: 2.9%▲ +23.3% vs 03-2026
05-2026: 3.5%▲ +21.2% vs 04-2026highest value
06-2026: 3.2%▼ -8.4% vs 05-2026
07-2026: 3.2%▲ +1.7% vs 06-2026
08-2026: 1.7%▼ -46.5% vs 07-2026
09-2026: 1.6%▼ -9.8% vs 08-2026lowest value
10-2026: 1.6%● 0.0% vs 09-2026lowest value
- Founded in 2022 raises the probability for this profile
- Figures for FY 2025 (filed 13-07-2026) lowers the probability
- 1 change of registered office in 24 months raises the probability
- Liquidity: current ratio 0.65, cash €8,470 lowers the probability
Credit up to €1,500 at 30 days acceptable
Liquidity short (current ratio 0.65 against 0.54 in 2024; short-term debt: 33.1% and cash: 12.1% of total assets), and 64.8% 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 43, micro). Better than this share of them on solvency 37%, liquidity 45%, profitability 50%, growth against the median 65%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 13-07-2026, 18 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
18 d early
2024
22 d early
2023
on the day
← 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 before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 13 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet €3,807 ▼66.3%
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 5
- Since
- 2024
- Next accounts
- by 31-07-2027
- 13-07-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 09-07-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 23-09-2022
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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