MT200
ActiveSummary
MT200 has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €495,503 and a net result of -€179,941. Equity remains stable across the filed financial years (±0.5% per year). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- €495,503
- Loss
- -€179,941
- Parent
- ACLAGRO PROJECTS · 65%
- Holdings
- 1
Why 83raises riskLoss of €179,941 (financial year 2025)Liquidity: current ratio 1969.78, cash €3,642, halvedlowers riskSize: total assets €495,755Equity €495,503 (99.9% of total assets)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 81% on solvency, 43% on liquidity, 4% on profitability and 15% on growth.
The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 26 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Reappointment: Jean-Marie de Buck van Overstraeten…Gazette deed
- Annual accounts filedfinancial year 2025 · full…
- Weakest financial yearnet -€179,941
Financials · financial year 2025, full format
Source amounts without an identifiable currency are assumed to be EUR.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 67% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 376 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 91.8% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 376 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €0.3m | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €0.1m | €0.008m | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €0 | - | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.001m | €0.01m | €0.001m | €0.001m | €0.001m | ▼ 47.1% |
| Gross operating margin9900 | €1.3m | €0.9m | €0.3m | €0.2m | -€0.008m | €0.1m | €0.01m | €0.02m | ▲ 57.2% |
| Operating profit (loss)9901 | €1.3m | €0.8m | €0.3m | €0.2m | -€0.02m | €0.1m | €0.01m | €0.02m | ▲ 67.2% |
| Financial income75/76B | - | - | - | €0.007m | - | - | - | - | - |
| Recurring financial income75 | €8 | €0 | €0.6m | €0.007m | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.2m | €0.001m | €0.02m | €493 | €0.2m | ▲ 406× |
| Recurring financial charges65 | €0.2m | €0.1m | €0.001m | €0.001m | €0.001m | €0.02m | €493 | €0.001m | ▲ 12.0% |
| Non-recurring financial charges66B | - | - | - | €0.2m | - | - | - | €0.2m | - |
| Profit (loss) for the period before taxes9903 | €1.1m | €0.7m | €0.9m | €0.01m | -€0.02m | €0.1m | €0.01m | -€0.2m | - |
| Income taxes67/77 | €0.3m | €0.2m | €0.08m | €0.06m | -€0.002m | €0.03m | €0.003m | - | - |
| Profit (loss) for the period9904 | €0.8m | €0.5m | €0.8m | -€0.05m | -€0.02m | €0.09m | €0.009m | -€0.2m | - |
| Profit (loss) for the period to be appropriated9905 | €0.8m | €0.5m | €0.8m | -€0.05m | -€0.02m | €0.09m | €0.009m | -€0.2m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €7.1m | €1.7m | €2.0m | €1.0m | €0.9m | €0.8m | €0.7m | €0.5m | ▼ 28.1% |
| Formation expenses20 | - | €0 | - | - | - | - | - | - | - |
| Fixed assets21/28 | €0.4m | €0.4m | €0.4m | €0.2m | €0.2m | €0.2m | €0.2m | - | - |
| Intangible fixed assets21 | - | €0 | - | - | - | - | - | - | - |
| Financial fixed assets28 | €0.4m | €0.4m | €0.4m | €0.2m | €0.2m | €0.2m | €0.2m | - | - |
| Current assets29/58 | €6.7m | €1.3m | €1.6m | €0.8m | €0.7m | €0.6m | €0.5m | €0.5m | ▲ 1.4% |
| Stocks and contracts in progress3 | €1.5m | €0.5m | €0.2m | €0.05m | €0.05m | €0.04m | €0.04m | €0.02m | ▼ 50.8% |
| Stocks30/36 | - | - | - | €0.05m | €0.05m | €0.04m | €0.04m | €0.02m | ▼ 50.8% |
| Amounts receivable within one year40/41 | €5.1m | €0.7m | €1.1m | €0.7m | €0.6m | €0.6m | €0.4m | €0.5m | ▲ 11.3% |
| Trade receivables40 | - | - | - | - | - | €0.01m | - | €0.04m | - |
| Other amounts receivable41 | - | - | - | €0.7m | €0.6m | €0.6m | €0.4m | €0.4m | ▲ 0.9% |
| Current investments50/53 | - | €0 | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.03m | €0.01m | €0.3m | €0.07m | €0.03m | €0.001m | €0.03m | €0.004m | ▼ 85.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €7.1m | €1.7m | €2.0m | €1.0m | €0.9m | €0.8m | €0.7m | €0.5m | ▼ 28.1% |
| Equity10/15 | €0.6m | €0.7m | €0.6m | €0.6m | €0.6m | €0.7m | €0.7m | €0.5m | ▼ 26.6% |
| Contributions10/11 | €0.5m | €0.5m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Capital10 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Issued capital100 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Reserves13 | €0.05m | €0.05m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Non-distributable reserves130/1 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Legal reserve130 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Profit (loss) carried forward14 | €0.03m | €0.09m | €0.03m | -€0.01m | -€0.03m | €0.05m | €0.06m | -€0.1m | - |
| Amounts payable17/49 | €6.5m | €1.0m | €1.3m | €0.4m | €0.3m | €0.2m | €0.01m | €252 | ▼ 98.2% |
| Amounts payable after more than one year17 | €2.8m | - | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €3.6m | €1.0m | €1.3m | €0.4m | €0.3m | €0.1m | €0.01m | €252 | ▼ 98.2% |
| Trade debts44 | €0.1m | €0.003m | €0.003m | €0.001m | €0.02m | €0.02m | €0.001m | €252 | ▼ 50.5% |
| Suppliers440/4 | - | - | - | €0.001m | €0.02m | €0.02m | €0.001m | €252 | ▼ 50.5% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.2m | €0.07m | €0.003m | - | - |
| Taxes450/3 | - | - | - | €0.2m | €0.2m | €0.07m | €0.003m | - | - |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.08m | €0.07m | €0.01m | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0.02m | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €771,903 | €457,602 | €836,358 | -€45,730 | -€20,870 | €88,795 | €8,880 | -€179,941 | - |
| + Depreciation and write-downs630 | - | €0 | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | €771,903 | €457,602 | €836,358 | -€45,730 | -€20,870 | €88,795 | €8,880 | -€179,941 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €200,000 | €0 | €0 | €0 | - | - |
| Change in cash | - | -€22,196 | €270,261 | -€214,436 | -€36,007 | -€29,070 | €23,863 | -€21,411 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 23-06-2026 | 2026-00200519 |
| 31-12-2024 | abbreviated format | 23-06-2025 | 2025-00176072 |
| 31-12-2023 | abbreviated format | 25-06-2024 | 2024-00178971 |
| 31-12-2022 | abbreviated format | 28-06-2023 | 2023-00176128 |
| 31-12-2021 | abbreviated format | 21-06-2022 | 2022-20102762 |
| 31-12-2020 | abbreviated format | 01-09-2021 | 2021-65400301 |
| 31-12-2019 | abbreviated format | 30-06-2020 | 2020-24000557 |
| 31-12-2018 | abbreviated format | 12-06-2019 | 2019-17700298 |
| 31-12-2017 | full format | 28-06-2018 | 2018-24400303 |
| 31-12-2016 | full format | 07-07-2017 | 2017-28600085 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Jean-Marie de Buck van Overstraeten |
|
Owners and capital
Owners
3 ownersChain of control
- LT Capital & Advice BV
- ACLAGRO PROJECTS
- MT200
Highest known parent: LT Capital & Advice BV. The sources do not say who stands above it.
Owners 3
-
65%
- LT Capital & Advice BVconsolidating parentconsolidates
-
35%
According to the 2025 annual accounts of MT200 and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
- DBF RE DevelopmentsubsidiaryEquity -€230,782Result -€116,772100%
According to the 2025 annual accounts of MT200 and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
25-06
Gazette deed
Reappointment: Jean-Marie de Buck van Overstraeten (sole director)2 facts ▸
- General meeting, 02-06-2026
- Director reappointment, Jean-Marie de Buck van Overstraeten (sole director)
Show earlier events
About the unread acts
Of the 9 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44074C0142/00B000 | Flanders | 2.4 ha | 1 · 2.9 ha | 14.4 m · 3 |