mtec solutions
ActiveSummary
mtec solutions has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-26
Solvency29▼-48
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Four 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 8692 sector peers (2025).
NBB · sector comparisonPosition among 8692 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-05-2026, 71 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
71 d early
2024
61 d late
2023
68 d early
2022
102 d early
2021
38 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5k▼ 93.2%
2024 · €74k
Total assets
€119k▼ 15.5%
2024 · €141k
Net result
€5k▼ 89.7%
2024 · €49k
Working capital
€-46k
2024 · €20k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€9k-€-89€47k€74k▲ 56.5%€12k▼ 83.8%
Net result€3k-€-2k€34k€49k▲ 44.3%€5k▼ 89.7%
Equity€8k-€6k▼ 24.7%€25k▲ 324%€74k▲ 198%€5k▼ 93.2%
Total assets€71k-€39k▼ 46.0%€99k▲ 157%€141k▲ 42.7%€119k▼ 15.5%
Debt€64k-€33k▼ 48.6%€74k▲ 127%€67k▼ 9.0%€114k▲ 69.1%
Working capital€-12k-€-16k▼ 31.9%€-40k▼ 147%€20k€-46k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 84% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119k
Fixed assets
€58k ▼ 20.7%
Current assets
€61k ▼ 10.0%
Equity and liabilities €119k
Equity
€5k ▼ 93.2%
Debt
€114k ▲ 69.1%
Debt's share of the balance-sheet total rises from 47.8% to 95.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€35k▼
2024 · €91k
Cash flow
€28k▼
2024 · €66k
Current ratio
0.57▼
2024 · 1.41
Debt to equity
22.83▲
2024 · 0.92
ROE
100.8%▲
2024 · 66.4%
ROA
4.2%▼
2024 · 34.7%
Interest coverage
14.59▼
2024 · 36.83
Debt ≤ 1 year
€107k▲
2024 · €48k
Debt > 1 year
€6k▼
2024 · €19k
Income taxes
€4k▼
2024 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €13k | - | €62k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €6k | €16k | €17k | €23k | ▲ 34.4% |
| Other operating charges640/8 | €3k | €4k | €3k | €4k | €3k | ▼ 17.6% |
| Non-recurring operating charges66A | - | - | - | - | €4k | - |
| Gross operating margin9900 | €15k | €10k | €66k | €95k | €42k | ▼ 55.5% |
| Operating profit (loss)9901 | €9k | €-89 | €47k | €74k | €12k | ▼ 83.8% |
| Financial income75/76B | - | €37 | €9 | - | - | - |
| Recurring financial income75 | - | €37 | €9 | - | - | - |
| Financial charges65/66B | €206 | €272 | €2k | €9k | €2k | ▼ 73.9% |
| Recurring financial charges65 | €206 | €272 | €2k | €2k | €2k | ▼ 3.3% |
| Non-recurring financial charges66B | - | - | - | €7k | - | - |
| Profit (loss) for the period before taxes9903 | €9k | €-324 | €45k | €65k | €10k | ▼ 85.3% |
| Income taxes67/77 | €6k | €2k | €12k | €16k | €4k | ▼ 71.4% |
| Profit (loss) for the period9904 | €3k | €-2k | €34k | €49k | €5k | ▼ 89.7% |
| Profit (loss) for the period to be appropriated9905 | €3k | €-2k | €34k | €49k | €5k | ▼ 89.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €71k | €39k | €99k | €141k | €119k | ▼ 15.5% |
| Formation expenses20 | - | - | - | €0 | €0 | - |
| Fixed assets21/28 | €20k | €22k | €71k | €73k | €58k | ▼ 20.7% |
| Intangible fixed assets21 | - | - | €38k | - | - | - |
| Tangible fixed assets22/27 | €20k | €22k | €32k | €73k | €58k | ▼ 20.7% |
| Land and buildings22 | €19k | €15k | €10k | €6k | €2k | ▼ 69.4% |
| Plant, machinery and equipment23 | €832 | €6k | €14k | €22k | €21k | ▼ 2.1% |
| Furniture and vehicles24 | - | €1k | €8k | €45k | €35k | ▼ 23.0% |
| Current assets29/58 | €51k | €17k | €28k | €68k | €61k | ▼ 10.0% |
| Amounts receivable within one year40/41 | €40k | €14k | €26k | €40k | €48k | ▲ 20.6% |
| Trade receivables40 | €16k | €11k | €25k | €30k | €38k | ▲ 24.6% |
| Other amounts receivable41 | €24k | €3k | €426 | €9k | €10k | ▲ 7.6% |
| Cash at bank and in hand54/58 | €9k | €719 | €201 | €18k | €8k | ▼ 56.5% |
| Deferred charges and accrued income490/1 | €2k | €2k | €2k | €10k | €5k | ▼ 45.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €71k | €39k | €99k | €141k | €119k | ▼ 15.5% |
| Equity10/15 | €8k | €6k | €25k | €74k | €5k | ▼ 93.2% |
| Contributions10/11 | €5k | €5k | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €3k | €824 | €20k | €69k | - | - |
| Amounts payable17/49 | €64k | €33k | €74k | €67k | €114k | ▲ 69.1% |
| Amounts payable after more than one year17 | - | - | €6k | €19k | €6k | ▼ 65.6% |
| Financial debts170/4 | - | - | €6k | €19k | €6k | ▼ 65.6% |
| Amounts payable within one year42/48 | €64k | €33k | €68k | €48k | €107k | ▲ 123% |
| Current portion of amounts payable after more than one year42 | - | - | €10k | €18k | €12k | ▼ 31.4% |
| Trade debts44 | €26k | €8k | €14k | €10k | €9k | ▼ 6.2% |
| Suppliers440/4 | €26k | €8k | €14k | €10k | €9k | ▼ 6.2% |
| Taxes, remuneration and social security45 | €15k | €9k | €15k | €16k | €6k | ▼ 61.0% |
| Taxes450/3 | €11k | €7k | €15k | €15k | €6k | ▼ 60.7% |
| Remuneration and social security454/9 | €3k | €2k | €117 | €147 | - | - |
| Other amounts payable47/48 | €23k | €16k | €28k | €4k | €79k | ▲ 1,690% |
| Accrued charges and deferred income492/3 | - | - | - | €513 | €400 | ▼ 22.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €-2k | €34k | €49k | €5k | ▼ 89.7% |
| + Depreciation and write-downs630 | €4k | €6k | €16k | €17k | €23k | ▲ 34.4% |
| Operating cash flow (approximation) | €6k | €4k | €50k | €66k | €28k | ▼ 57.7% |
| Investment in fixed assets (approximation) | - | €-8k | €-65k | €-19k | €-8k | ▲ 60.0% |
| Change in cash | - | €-8k | €-518 | €18k | €-10k | ▼ 157% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Highest result since 2021net €49k ▲44.3%
Operating result €74k, net result €49k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.41
Current ratio from 0.41 to 1.41; short-term debt falls from €68k to €48k.
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
20-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Knokke-Heist · 1 establishment unit since 2021
Ground area
1,060 m²
Building footprint
156 m²
Volume, LiDAR
864 m³
Parcel 31039F0249/00C000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
mtec solutions
since 20212.311.169.510
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039F0249/00C000 | Flanders | 1,060 m² | 1 · 156 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
STRATE UP
BE 0541.686.996
Tournai · Eq €5,000
SCHELLEKENS BOUW CONSULTING
BE 0543.468.234
Heist-op-den-Berg · Eq €5,000
Wemath
BE 0552.763.705
Boortmeerbeek · Eq €5,000
CM-ECREATE
BE 0666.930.329
Sint-Pieters-Woluwe · Eq €5,000
DWM Enterprises
BE 0669.724.820
Nijlen · Eq €5,000
Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 15,589 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
73300Public relations and communication consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.