MTB
The computed 12-month bankruptcy probability of MTB is 2.3% (moderate). The 2024 annual accounts show equity of €3k and a net result of €-3k. Equity is shrinking by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 38% of 3307 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €3k |
| Net result | €-3k |
| Better than sector | 38% |
| Active | 5 yrs |
Fragile profile, watch profitability in particular.
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 | 13.2% | 25.2% | |
| Net result | €-3k | €4k | |
| Equity | €3k | €22k | |
| Gross operating margin | €-1k | €18k | |
| Total assets | €22k | €104k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-2k |
| Net profit | €-3k |
| Cash flow | €-2k |
| Staff costs | - |
| Income taxes | €20 |
| Dividends | - |
| Total assets | €22k |
| Equity | €3k |
| Debt | €19k |
| of which ≤ 1y | €19k |
| of which > 1y | - |
| Working capital | €-8k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.57 |
| Quick ratio | 0.57 |
| Working capital ratio | -37.5% |
| Solvency | 13.2% |
| Debt / equity | 6.57 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -12.8% |
| ROE | -96.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €22k |
| Fixed assets | 21/28 | €11k |
| Tangible fixed assets | 22/27 | €11k |
| Current assets | 29/58 | €11k |
| Amounts receivable within one year | 40/41 | €10k |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €22k |
| Equity | 10/15 | €3k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €-2k |
| Amounts payable | 17/49 | €19k |
| Amounts payable within one year | 42/48 | €19k |
| Income statement | ||
| Gross operating margin | 9900 | €-1k |
| Operating result | 9901 | €-3k |
| Result before taxes | 9903 | €-3k |
| Income taxes | 67/77 | €20 |
| Net result for the period | 9904 | €-3k |
| Result to be appropriated | 9905 | €-3k |
| NACE primary | Wholesale trade(46130) |
| Legal form | Private limited company(610) |
| Incorporation | 02-12-2020 |
| Status | Active |
| Postal code | 9900 |
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. |
|---|---|---|---|---|
| 33007C0407/00Z002 | Flanders | 369 m² | 1 · 217 m² | 10.8 m · 2 fl. |
| 43352F0128/00N000 | Flanders | 247 m² | 1 · 75 m² | 9.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
03-01-2024 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Tom Degryse",
"firm_city": null,
"firm_name": null,
"office_city": "Ieper",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-03",
"filing_date": "2023-12-29",
"act_kind_objet": "ONTSLAGEN, BENOEMINGEN, STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN), MAATSCHAPPELIJKE ZETEL, BENAMING, DOEL"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2023-12-15",
"unanimous": true
},
"agm_change": null,
"detected_kind": "other",
"other_address": {
"action": "modified",
"purpose": "statutaire_zetel",
"address_new": "9900 Eeklo, Raverschootstraat 343",
"address_old": "Boezingestraat 166 : 8906 Ieper",
"effective_date": null,
"effective_date_is_approximate": null
},
"mandate_renewal": {
"period_end": null,
"mandate_kind": "bestuurder",
"period_start": null,
"remuneration_eur": null,
"remuneration_kind": null,
"person_or_entity_kbo": null,
"person_or_entity_name": "Corne Sofie"
},
"subject_company": {
"kbo": "0759.373.606",
"name_full": "Matsor Shower Solutions",
"legal_form": "BV"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [
"Uitgifte van de akte",
"Geco\u00F6rdineerde statuten",
"Verslag gelijktijdig neergelegd"
],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": {
"role": "bestuurder",
"organ": "bestuursorgaan",
"person_name": "Corne Sofie"
},
"special_procuration": {
"grantee_kbo": "0831.759.459",
"grantee_name": "STEYAERT Ronny Accountants",
"grantor_name": null,
"scope_summary": "Machtiging om administratieve formaliteiten te vervullen, zoals aanpassingen in de KBO, het openen van een elektronisch effectenregister en het uitvoeren van handelingen als gemachtigde.",
"monetary_cap_eur": null,
"scope_categories": [
"other"
],
"termination_clause": null,
"substitution_allowed": true
},
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}04-12-2020 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "8906 Elverdinge",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1974-03-19",
"name": "Carlos Frans Joseph ROELENS",
"niss": null,
"address": "Smijterstraat 1, 8951 Heuvelland (Dranouter)"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 5000,
"holder_person_name": "Carlos Frans Joseph ROELENS",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 5000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 5000,
"subject_company": {
"kbo": "0759.373.606",
"name_full": "Matsor Shower Solutions",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2020-12-01",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MTB |
| AbbreviationNL | MSS |