Financials
- Fiscal year
- 2025
- Total assets
- €67,907
- Profit
- €5,441
- Solvency
- 86.2%
Total assets▼ 26.0%
Net result
20232025
Mtell
ActiveSummary
Mtell has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58,545 and a net result of €5,441. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 86% of 8535 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Office administrative, office support and other business support activities
NACE 82200
1 site
Size
€67,907total assets 2025
- Equity
- €58,545
- Profit
- €5,441
Turnover not published (abridged schema)
Structure
Accounts 87 d early0 of 1 deed read
Why 95- Size: total assets €67,907- Founded in 2023+ Sector Office administrative, office support and other business support activities (NACE 82)+ Liquidity: current ratio 7.25, cash €13,670, halvedShow the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Better than 60% of its sector peers (NACE 82, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100+17
equity 86.2% of total assets
Liquidity
73-7
short-term debt 13.8% · cash 20.1%
Profitability
58+45
return on assets 8.0%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 13 months
10-2025: 0.1%
11-2025: 0.1%● 0.0% vs 10-2025
12-2025: 0.1%▼ -2.5% vs 11-2025
01-2026: 0.1%▼ -1.7% vs 12-2025
02-2026: 0.1%● 0.0% vs 01-2026
03-2026: 0.1%● 0.0% vs 02-2026
04-2026: 0.1%▲ +6.1% vs 03-2026
05-2026: 0.1%▲ +15.6% vs 04-2026highest value
06-2026: 0.1%▼ -28.4% vs 05-2026lowest value
07-2026: 0.1%● 0.0% vs 06-2026lowest value
08-2026: 0.1%▲ +2.0% vs 07-2026
09-2026: 0.1%● 0.0% vs 08-2026
10-2026: 0.1%● 0.0% vs 09-2026
- Sector Office administrative, office support and other business support activities (NACE 82) lowers the probability
- Liquidity: current ratio 7.25, cash €13,670, halved lowers the probability
- Size: total assets €67,907 raises the probability for this profile
- Founded in 2023 raises the probability for this profile
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 7.25 against 2.38 in 2024; short-term debt: 13.8% and cash: 20.1% of total assets), and 13.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 82, micro). Better than this share of them on solvency 88%, liquidity 67%, profitability 30%, growth against the median 56%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 05-05-2026, 87 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
87 d early
2024
21 d early
2023
20 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 43 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
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. Usually files around 10 July (3 of the last 3 filed years within 66 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Back to profitnet €5,441
- Liquidity triplescurrent ratio 7.25
Key points
By topic
Timeline
- Events
- 6
- Since
- 2024
- Next accounts
- by 31-07-2027
- 05-05-2026Annual accounts filed
- 31-12-2025Back to profit
- 31-12-2025Liquidity triples
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Office administrative, office support and other business support…NACE 82200
- Founded
- 28-04-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.