MTDesign
ActiveMTDesign has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €-1k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 16942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-10
Solvency79▲+9
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 1.8 in 2024; short-term debt: 38.9% and cash: 65% of total assets), and 45.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2025Solvency, return and age of the figures
Solvency
54.2%
Return on assets
-2.3%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
2 d early
2023
5 d early
2022
6 d early
2021
3 d early
2020
3 d early
2019
23 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€34k▼ 4.0%
2024 · €36k
2019: €28k
2021: €36k
2022: €32k
2023: €34k
2024: €36k
2019 → 2025
Total assets
€63k▼ 19.5%
2024 · €78k
2019: €38k
2021: €49k
2022: €90k
2023: €84k
2024: €78k
2019 → 2025
Net result
€-1k
2024 · €4k
2019: €3k
2021: €3k
2022: €3k
2023: €6k
2024: €4k
2019 → 2025
Working capital
€22k▼ 3.6%
2024 · €23k
2019: €29k
2021: €36k
2022: €18k
2023: €22k
2024: €23k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€36k-€32k▼ 9.1%€34k▲ 4.5%€36k▲ 5.1%€34k▼ 4.0%
Operating result€6k-€6k▲ 1.2%€11k▲ 78.5%€8k▼ 22.6%€-898
Net result€3k-€3k▼ 1.7%€6k▲ 99.1%€4k▼ 30.8%€-1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €898 after €8k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €63k
Fixed assets
€16k▼ 38.9%
Current assets
€47k▼ 9.4%
Equity and liabilities €63k
Equity
€34k▼ 4.0%
Debt
€29k▼ 32.4%
The debt ratio falls from 54.5% to 45.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€10k▼
2024 · €18k
Cash flow
€9k▼
2024 · €14k
Solvency
54.2%▲
2024 · 45.5%
Current ratio
1.90▲
2024 · 1.80
Quick ratio
1.90▲
2024 · 1.80
Debt / equity
0.84▼
2024 · 1.20
ROE
-4.2%▼
2024 · 12.1%
ROA
-2.3%▼
2024 · 5.5%
Interest coverage
26.44▲
2024 · 12.74
Debt
€29k▼
2024 · €43k
Debt ≤ 1 year
€25k▼
2024 · €29k
Debt > 1 year
€4k▼
2024 · €13k
Income taxes
€173▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€78k€63k▼
Fixed assets21/28€27k€16k▼
Tangible fixed assets22/27€27k€16k▼
Furniture and vehicles24€27k€16k▼
Current assets29/58€51k€47k▼
Amounts receivable within one year40/41€10k€5k▼
Trade receivables40€9k€4k▼
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€40k€41k▲
Deferred charges and accrued income490/1€786€812▲
Equity and liabilities
Total equity and liabilities10/49€78k€63k▼
Equity10/15€36k€34k▼
Contributions10/11€12k€12k=
Reserves13€23k€23k=
Distributable reserves133€23k€23k=
Profit (loss) carried forward14€0€-1k▼
Amounts payable17/49€43k€29k▼
Amounts payable after more than one year17€13k€4k▼
Financial debts170/4€13k€4k▼
Amounts payable within one year42/48€29k€25k▼
Current portion of amounts payable after more than one year42€8k€9k▲
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€1k€733▼
Taxes450/3€1k€733▼
Other amounts payable47/48€16k€13k▼
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€115€513▲
Gross operating margin9900€18k€10k▼
Operating profit (loss)9901€8k€-898▼
Financial income75/76B€2€0▼
Recurring financial income75€2€0▼
Financial charges65/66B€1k€360▼
Recurring financial charges65€1k€360▼
Profit (loss) for the period before taxes9903€7k€-1k▼
Income taxes67/77€2k€173▼
Profit (loss) for the period9904€4k€-1k▼
Profit (loss) for the period to be appropriated9905€4k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-1k▼
Transfer from equity791/2€3k€0▼
Transfer to equity691/2€4k€0▼
To other reserves6921€4k€0▼
Profit to be distributed694/7€3k€0▼
Return on contributions (dividend)694€3k€0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial
Weakest financial yearnet €-1k ▼133%
Net result drops to €-1k, the lowest in the series.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €6k ▲99.1%
Operating result €11k, net result €6k, both a record.
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
01-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
07-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kortrijk · 1 establishment unit since 2008
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.
Violierenlaan(Kor) 308500 KortrijkGround area
395 m²
Building footprint
135 m²
Volume, LiDAR
917 m³
Parcel 34354C0188/00H004, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MTDesign
since 20082.172.811.084
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354C0188/00H004 | Flanders | 395 m² | 1 · 135 m² | 12.3 m · 3 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.
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VEDEPREDIS
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Kortrijk · Eq €34k
EPIPHANY
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Watermaal-Bosvoorde · Eq €34k
GePro
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Tremelo · Eq €34k
Of 29,997 companies in sector 62200 we hold annual accounts for 18,386. 14,602 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-07-2008
Fiscal year end30-06
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.