MTM BESTRATING
ActiveThe computed 12-month bankruptcy probability of MTM BESTRATING is 1.8% (moderate). The 2025 annual accounts show equity of €170k and a net result of €82k. Equity is growing by ~40.9% per year across the filed fiscal years. Its solvency ranks better than 80% of 1329 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency92▼-5
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 3.12 against 3.14 in 2024; short-term debt: 25.4% and cash: 52.3% of total assets), and 32.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 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 · 3 filingsDeviation from the deadline
2025
49 d late
2024
38 d late
2023
78 d early
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€170k▲ 41.9%
2024 · €120k
2023: €72k
2024: €120k
2023 → 2025
Total assets
€253k▲ 52.0%
2024 · €167k
2023: €134k
2024: €167k
2023 → 2025
Net result
€82k▲ 71.7%
2024 · €48k
2023: €66k
2024: €48k
2023 → 2025
Working capital
€136k▲ 36.9%
2024 · €100k
2023: €24k
2024: €100k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€72k-€120k▲ 66.2%€170k▲ 41.9%
Operating result€87k-€67k▼ 22.8%€112k▲ 66.8%
Net result€66k-€48k▼ 27.8%€82k▲ 71.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 67% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €253k
Fixed assets
€53k▲ 157%
Current assets
€200k▲ 37.2%
Equity and liabilities €253k
Equity
€170k▲ 41.9%
Debt
€83k▲ 78.0%
The debt ratio rises from 27.9% to 32.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€134k▲
2024 · €75k
Cash flow
€104k▲
2024 · €56k
Solvency
67.3%▼
2024 · 72.1%
Current ratio
3.12▼
2024 · 3.14
Quick ratio
3.12▼
2024 · 3.14
Debt / equity
0.49▲
2024 · 0.39
ROE
48.2%▲
2024 · 39.8%
ROA
32.4%▲
2024 · 28.7%
Interest coverage
29.27▼
2024 · 30.87
Debt
€83k▲
2024 · €47k
Debt ≤ 1 year
€64k▲
2024 · €47k
Debt > 1 year
€19k
Income taxes
€25k▲
2024 · €17k
Staff costs
€140k▲
2024 · €136k
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€167k€253k▲
Fixed assets21/28€20k€53k▲
Tangible fixed assets22/27€20k€53k▲
Plant, machinery and equipment23€5k€7k▲
Furniture and vehicles24€16k€45k▲
Current assets29/58€146k€200k▲
Amounts receivable within one year40/41€82k€68k▼
Trade receivables40€74k€54k▼
Other amounts receivable41€9k€14k▲
Cash at bank and in hand54/58€63k€132k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€167k€253k▲
Equity10/15€120k€170k▲
Contributions10/11€6k€6k=
Reserves13€48k€98k▲
Distributable reserves133€48k€98k▲
Profit (loss) carried forward14€66k€66k=
Amounts payable17/49€47k€83k▲
Amounts payable after more than one year17-€19k
Financial debts170/4-€19k
Amounts payable within one year42/48€47k€64k▲
Current portion of amounts payable after more than one year42-€7k
Trade debts44€9k€13k▲
Suppliers440/4€9k€13k▲
Taxes, remuneration and social security45€38k€43k▲
Taxes450/3€38k€42k▲
Remuneration and social security454/9-€1k
Other amounts payable47/48-€109
Income statement
Code20242025
Remuneration, social security and pensions62€136k€140k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€22k▲
Other operating charges640/8€6k€5k▼
Non-recurring operating charges66A€13k-
Gross operating margin9900€230k€278k▲
Operating profit (loss)9901€67k€112k▲
Financial income75/76B€1€1▼
Recurring financial income75€1€1▼
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€65k€107k▲
Income taxes67/77€17k€25k▲
Profit (loss) for the period9904€48k€82k▲
Profit (loss) for the period to be appropriated9905€48k€82k▲
Appropriation of the result
Profit (loss) to be appropriated9906€114k€148k▲
Profit (loss) brought forward from the previous period14P€66k€66k=
Transfer to equity691/2€48k€50k▲
To other reserves6921€48k€50k▲
Profit to be distributed694/7-€32k
Directors or managers695-€32k
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
18-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 49 days late
2025
31-12
Financial
Highest result since 2023net €82k ▲71.7%
Operating result €112k, net result €82k, both a record.
31-12
Financial
Equity above €150kEq €170k ▲41.9%
3 profitable years in a row build equity to €170k.
07-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 38 days late
2024
31-12
Financial
Weakest financial yearnet €48k ▼27.8%
Net result drops to €48k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 3.14
Current ratio from 1.39 to 3.14; short-term debt falls from €61k to €47k.
31-12
Financial
Equity above €100kEq €120k ▲66.2%
2 profitable years in a row build equity to €120k.
14-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
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, Zele · 1 establishment unit since 2022
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.
Veldekensstraat 1469240 ZeleGround area
282 m²
Building footprint
125 m²
Volume, LiDAR
668 m³
Parcel 42402C2088/00X002, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MTM BESTRATING
since 20222.344.978.067
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42402C2088/00X002 | Flanders | 282 m² | 1 · 125 m² | 9.1 m · 2 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.
Similar companies · same sector, comparable size
KLINKERWERKEN VERTESSEN
BE 0883.448.581
Aarschot · Eq €120k
SCHILDERSBEDRIJF VRS
BE 0892.764.343
Tienen · Eq €120k
MICA
BE 0479.959.265
Beveren-Kruibeke-Zwijndrecht · Eq €121k
Tuinprojecten Rinus van der Vaart
BE 0777.998.594
Dessel · Eq €121k
H&O
BE 0547.758.703
Destelbergen · Eq €121k
Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 753 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-10-2022
Fiscal year end31-12
Activities, NACEBEL
42110Construction of roads and motorways
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.