MTD ELEC

Active

Private limited companyfounded 20242 yrs activeRue Albert Moulin(RS) 27, 7610 Rumes, BelgiumKBO/BCE: BE 1006.364.013

The computed 12-month bankruptcy probability of MTD ELEC is 3.0% (moderate). The 2024 annual accounts show equity of €22k and a net result of €21k. Its solvency ranks better than 60% of 36376 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

75 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes

Profitability100

Solvency81

Growth-

Track record67

Bankruptcy probability, 12 months

3.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days acceptable

Liquidity ample (current ratio 3.57; short-term debt: 28% and cash: 42.8% of total assets), and 44.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

55.5%

Return on assets

54.3%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 1 filing

Deviation from the deadline

2024

30 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€22k

Total assets

€39k

Net result

€21k

Working capital

€28k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Equity and liabilities €39k

55.5%

44.5%

Equity €22k

Debt €18k

Debt finances 44.5% of the balance-sheet total.

Key figures and ratios

2024 value

Solvency

55.5%

Current ratio

3.57

Quick ratio

3.57

Debt / equity

0.80

ROE

97.7%

ROA

54.3%

Debt

€18k

Debt ≤ 1 year

€11k

Income taxes

€7k

Staff costs

€4k

Filed annual accounts

As filed with the NBB · 2024

Balance sheet Code2024

Assets

Total assets20/58€39k

Current assets29/58€39k

Amounts receivable within one year40/41€22k

Trade receivables40€16k

Other amounts receivable41€5k

Cash at bank and in hand54/58€17k

Deferred charges and accrued income490/1€735

Equity and liabilities

Total equity and liabilities10/49€39k

Equity10/15€22k

Contributions10/11€500

Capital10€500

Issued capital100€500

Reserves13€21k

Distributable reserves133€21k

Amounts payable17/49€18k

Amounts payable within one year42/48€11k

Trade debts44€3k

Suppliers440/4€3k

Taxes, remuneration and social security45€8k

Taxes450/3€8k

Remuneration and social security454/9€449

Accrued charges and deferred income492/3€7k

Income statement Code2024

Remuneration, social security and pensions62€4k

Other operating charges640/8€561

Gross operating margin9900€32k

Operating profit (loss)9901€27k

Financial income75/76B€1k

Recurring financial income75€1k

Financial charges65/66B€157

Recurring financial charges65€157

Profit (loss) for the period before taxes9903€29k

Income taxes67/77€7k

Profit (loss) for the period9904€21k

Profit (loss) for the period to be appropriated9905€21k

Appropriation of the result

Profit (loss) to be appropriated9906€21k

Transfer to equity691/2€21k

To other reserves6921€21k

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Timeline · acts, filings and financial milestones

All 1Filings 1

2025

30-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 30 days late

NBB filing

Directors · office · real estate

Directors

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

Location & real-estate footprint

Registered office, Rumes · 1 establishment unit since 2024

establishment The establishment unit on the map

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.

Rue Albert Moulin(RS) 277610 Rumes

Ground area

700 m²

Building footprint

83 m²

Volume, LiDAR

522 m³