Summary
MTK + Power Engineering has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57,621. Equity remains stable across the filed fiscal years (±1.9% per year). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2024
Profitability-
Solvency93=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 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 · 10 filingsDeviation from the deadline
2025
30 d late
2024
31 d late
2023
30 d late
2021
30 d late
2020
122 d late
2019
122 d late
2018
58 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 60 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 (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 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€57,621=
2024 · €57,621
Total assets
€84,923=
2024 · €84,923
Net result
-€3,125=
2023 · -€3,125
Working capital
€57,621=
2024 · €57,621
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
Line20202021202320242025
Operating result-€1,656-€2,616--€2,616=
Net result-€1,807-€3,125--€3,125=
Equity€64,054=€62,247▼ 2.8%€57,621-€57,621=€57,621=
Total assets€85,089=€84,831▼ 0.3%€84,923-€84,923=€84,923=
Debt€21,035=€22,585▲ 7.4%€27,302-€27,302=€27,302=
Working capital€64,054=€62,247▼ 2.8%€57,621-€57,621=€57,621=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,616 in 2024 against €2,616 in 2023.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €84,923
Equity
€57,621 =
Debt
€27,302 =
Debt's share of the balance-sheet total stays at 32.1%.
Key figures and ratios
Current ratio
3.11=
2024 · 3.11
Debt to equity
0.47=
2024 · 0.47
Debt ≤ 1 year
€27,302=
2024 · €27,302
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €733 | €434 | €434 | - | - |
| Gross operating margin9900 | - | -€923 | -€2,182 | -€2,182 | - | - |
| Operating profit (loss)9901 | - | -€1,656 | -€2,616 | -€2,616 | - | - |
| Financial charges65/66B | - | €151 | €509 | €509 | - | - |
| Recurring financial charges65 | - | €151 | €509 | €509 | - | - |
| Profit (loss) for the period before taxes9903 | - | -€1,807 | -€3,125 | -€3,125 | - | - |
| Profit (loss) for the period9904 | - | -€1,807 | -€3,125 | -€3,125 | - | - |
| Profit (loss) for the period to be appropriated9905 | - | -€1,807 | -€3,125 | -€3,125 | - | - |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €85,089 | €84,831 | €84,923 | €84,923 | €84,923 | = |
| Current assets29/58 | €85,089 | €84,831 | €84,923 | €84,923 | €84,923 | = |
| Amounts receivable within one year40/41 | €84,927 | €84,810 | €84,810 | €84,810 | €84,810 | = |
| Trade receivables40 | - | €28,708 | €28,708 | €28,708 | €28,708 | = |
| Other amounts receivable41 | - | €56,102 | €56,102 | €56,102 | €56,102 | = |
| Cash at bank and in hand54/58 | €162 | €22 | €113 | €113 | €113 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €85,089 | €84,831 | €84,923 | €84,923 | €84,923 | = |
| Equity10/15 | €64,054 | €62,247 | €57,621 | €57,621 | €57,621 | = |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €400 | €400 | €400 | €400 | €400 | = |
| Non-distributable reserves130/1 | - | €400 | €400 | €400 | €400 | = |
| Legal reserve130 | - | €400 | €400 | €400 | €400 | = |
| Profit (loss) carried forward14 | €2,154 | €347 | -€4,279 | -€4,279 | -€4,279 | = |
| Amounts payable17/49 | €21,035 | €22,585 | €27,302 | €27,302 | €27,302 | = |
| Amounts payable within one year42/48 | €21,035 | €22,585 | €27,302 | €27,302 | €27,302 | = |
| Trade debts44 | €19,535 | €19,360 | €19,708 | €19,708 | €19,708 | = |
| Suppliers440/4 | - | €19,360 | €19,708 | €19,708 | €19,708 | = |
| Other amounts payable47/48 | - | €3,224 | €7,594 | €7,594 | €7,594 | = |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | - | -€1,807 | -€3,125 | -€3,125 | - | - |
| Operating cash flow (approximation) | - | -€1,807 | -€3,125 | -€3,125 | - | - |
| Change in cash | - | -€140 | - | €0 | €0 | - |
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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2017
06-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 67 days late
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 11 days late
2015
21-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 21 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Kortenberg
Ground area
3,154 m²
Building footprint
1,446 m²
Volume, LiDAR
8,468 m³
Parcel 24055A0008/00T000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24055A0008/00T000 | Flanders | 3,154 m² | 1 · 1,446 m² | 7.6 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.
Identification & contact
Identification
Legal formPublic limited company
Founded20-03-2012
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0844952053
Also
9925:BE0844952053
Registered
05-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.