MTE

Active

Limited partnershipfounded 198441 yrs activeLangerei 66, 8000 Brugge, BelgiumKBO/BCE: BE 0427.924.507

Summary

The computed 12-month bankruptcy probability of MTE is 4.4% (elevated). For MTE, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €241,249 and a net result of -€264,024. Equity is growing by ~2.7% per year across the filed fiscal years. The company has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

MTEActive

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€3.2mtotal assets 2022

Equity: €241,249
Loss: -€264,024

Turnover not published (abridged schema)

Financial health

Bankruptcy chance 12 m: 4.4%

2022 figures too old to score

Structure

Accounts 795 d overdue0 of 3 deeds read

Signals- Figures for FY 2022 (filed 29-08-2023)- Liquidity: current ratio 0.00, cash €1,080, halved- Founded in 1984- Two or more financial years not filed+ Size: total assets €3.2mFiled after the deadlineShow the evidence

Checked score

No current score

Figures too old

The available figures for FY 2022 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2022 · tick = 2021

Weak

Solvency 32-8

equity 7.5% of total assets

Liquidity 13-7

short-term debt 69.1% · cash 0.0%

Profitability 9-60

return on assets -8.2%

Bankruptcy probability, 12 months

4.4% Elevated

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 2.8%lowest value 12-2024: 3.3%▲ +16.1% vs 11-2024 01-2025: 4.9%▲ +47.9% vs 12-2024 02-2025: 4.9%● 0.0% vs 01-2025 03-2025: 4.9%▲ +0.6% vs 02-2025highest value 04-2025: 4.7%▼ -4.4% vs 03-2025 05-2025: 4.7%● 0.0% vs 04-2025 06-2025: 4.7%● 0.0% vs 05-2025 07-2025: 4.7%● 0.0% vs 06-2025 08-2025: 4.7%● 0.0% vs 07-2025 09-2025: 4.6%▼ -1.4% vs 08-2025 10-2025: 4.6%● 0.0% vs 09-2025 11-2025: 4.6%● 0.0% vs 10-2025 12-2025: 4.6%● 0.0% vs 11-2025 01-2026: 4.6%● 0.0% vs 12-2025 02-2026: 4.6%● 0.0% vs 01-2026 03-2026: 4.6%● 0.0% vs 02-2026 04-2026: 4.6%● 0.0% vs 03-2026 05-2026: 4.6%● 0.0% vs 04-2026 06-2026: 4.6%● 0.0% vs 05-2026 07-2026: 4.6%● 0.0% vs 06-2026 08-2026: 4.4%▼ -4.5% vs 07-2026 09-2026: 4.4%● 0.0% vs 08-2026 10-2026: 4.4%● 0.0% vs 09-2026

Figures for FY 2022 (filed 29-08-2023) raises the probability
Size: total assets €3.2m lowers the probability for this profile
Liquidity: current ratio 0.00, cash €1,080, halved raises the probability
Founded in 1984 raises the probability for this profile

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Signals

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

−lowers risk+raises risk○neutral

Figures for FY 2022 (filed 29-08-2023)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Size: total assets €3.2m

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Liquidity: current ratio 0.00, cash €1,080, halved

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Founded in 1984

In the bankruptcy model this factor raises the probability for this profile.

KBO

Two or more financial years not filed

Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

31-12-2023 close31-07-2024 deadline04-10-2026 today

Filed after the deadline

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 29-08-2023, 29 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 · 10 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

29 d late

2021

2 d early

2020

31 d late

2019

15 d early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 4 accounts on average 11 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)

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