MTB inv
Open bankruptcySummary
A bankruptcy procedure is open for MTB inv according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-141k) and a net result of €-43k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €-141k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-09-2025, 32 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
32 d late
2023
32 d early
2022
35 d early
2021
4 d early
2020
47 d early
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-141k▼ 44.0%
2023 · €-98k
2019: €52k
2020: €-149k
2021: €50k
2022: €-3k
2023: €-98k
2019 → 2024
Total assets
€109k▼ 5.6%
2023 · €115k
2019: €860k
2020: €302k
2021: €360k
2022: €291k
2023: €115k
2019 → 2024
Net result
€-43k▲ 54.8%
2023 · €-95k
2019: €12k
2020: €-202k
2021: €200k
2022: €-53k
2023: €-95k
2019 → 2024
Working capital
€-161k▼ 34.6%
2023 · €-120k
2019: €72k
2020: €-122k
2021: €49k
2022: €-51k
2023: €-120k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-149k-€50k€-3k€-98k▼ 3,447%€-141k▼ 44.0%
Operating result€-197k-€204k€-50k€-145k▼ 190%€-35k▲ 76.0%
Net result€-202k-€200k€-53k€-95k▼ 80.1%€-43k▲ 54.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €35k in 2024 against €145k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €109k
Fixed assets
€20k ▼ 44.2%
Current assets
€89k ▲ 11.8%
Key figures and ratios
EBITDA
€-19k▲
2023 · €-128k
Cash flow
€-27k▲
2023 · €-79k
Solvency
-130.1%▼
2023 · -85.3%
Current ratio
0.35▼
2023 · 0.40
Debt to equity
-1.77▲
2023 · -2.17
ROA
-39.7%▲
2023 · -82.9%
Interest coverage
-2.24▲
2023 · -16.01
Debt
€250k▲
2023 · €213k
Debt ≤ 1 year
€250k▲
2023 · €199k
Debt > 1 year
€0▼
2023 · €14k
Income taxes
€0▼
2023 · €7k
Staff costs
€87▼
2023 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€115k€109k▼
Fixed assets21/28€36k€20k▼
Intangible fixed assets21€30k€18k▼
Tangible fixed assets22/27€5k€2k▼
Plant, machinery and equipment23€1k€528▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€79k€89k▲
Amounts receivable within one year40/41€70k€87k▲
Trade receivables40€64k€81k▲
Other amounts receivable41€6k€5k▼
Cash at bank and in hand54/58€7k€420▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€115k€109k▼
Equity10/15€-98k€-141k▼
Contributions10/11€40k€40k=
Profit (loss) carried forward14€-138k€-181k▼
Amounts payable17/49€213k€250k▲
Amounts payable after more than one year17€14k€0▼
Financial debts170/4€14k€0▼
Amounts payable within one year42/48€199k€250k▲
Current portion of amounts payable after more than one year42€36k€15k▼
Financial debts43-€7
Credit institutions430/8-€7
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45€131€29k▲
Taxes450/3€131€29k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€160k€203k▲
Accrued charges and deferred income492/3€172€107▼
Income statement
Code20232024
Non-recurring operating income76A€0€143k▲
Remuneration, social security and pensions62€14k€87▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€143k
Other operating charges640/8€694€590▼
Non-recurring operating charges66A€93k€0▼
Gross operating margin9900€-21k€125k▲
Operating profit (loss)9901€-145k€-35k▲
Financial income75/76B€64k€0▼
Recurring financial income75€12€0▼
Non-recurring financial income76B€64k€0▼
Financial charges65/66B€8k€8k▲
Recurring financial charges65€8k€8k▲
Profit (loss) for the period before taxes9903€-89k€-43k▲
Income taxes67/77€7k€0▼
Profit (loss) for the period9904€-95k€-43k▲
Profit (loss) for the period to be appropriated9905€-95k€-43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-138k€-181k▼
Profit (loss) brought forward from the previous period14P€-43k€-138k▼
Social balance
Average headcount (FTE)90870.60.0▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · MTB INV BV DIAMANT- STRAAT 8/390, 2200 HERENTALS · event 30-09-2025
01-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 32 days late
2024
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €200k
Net result €200k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.28
Current ratio from 0.50 to 1.28; short-term debt falls from €242k to €172k.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-202k ▼1723%
Net result drops to €-202k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Herentals · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Diamantstraat (HRT) 82200 HerentalsGround area
1.2 ha
Building footprint
3,044 m²
Volume, LiDAR
52,510 m³
Parcel 13027A0065/00F002, Flanders · tallest building 24.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Chapplis
since 20192.289.646.891
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13027A0065/00F002 | Flanders | 1.2 ha | 1 · 3,044 m² | 24.1 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | BRAM VANGEEL DIESTSEWEG 155, 2440 GEEL- |
30-09-2025 → present |
| Curator | TOON BELMANS DIESTSEWEG 155,
2440 GEEL |
30-09-2025 → present |
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Of 751 companies in sector 43422 we hold annual accounts for 424. 346 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-05-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43422Screed work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.