MTM Safety
ActiveMTM Safety has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €160k and a net result of €102k. Equity is growing by ~32.8% per year across the filed fiscal years. Its solvency ranks better than 36% of 11185 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency32▼-11
Growth78=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.93 against 0.88 in 2024), and 76.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
23.5%
Return on assets
15%
Age of the figures
8 mo
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 20-07-2026, 11 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
11 d early
2024
34 d late
2023
65 d early
2022
75 d early
2021
56 d early
2020
46 d early
2019
43 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€160k▲ 16.0%
2024 · €138k
2019: €14k
2020: €35k
2021: €74k
2022: €104k
2023: €74k
2024: €138k
2019 → 2025
Total assets
€681k▲ 43.9%
2024 · €473k
2019: €61k
2020: €206k
2021: €346k
2022: €497k
2023: €535k
2024: €473k
2019 → 2025
Net result
€102k▼ 1.5%
2024 · €104k
2019: €7k
2020: €9k
2021: €39k
2022: €70k
2023: €96k
2024: €104k
2019 → 2025
Working capital
€-12k▼ 17.8%
2024 · €-10k
2019: €13k
2020: €-21k
2021: €-1k
2022: €-11k
2023: €-6k
2024: €-10k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€74k-€104k▲ 41.4%€74k▼ 28.4%€138k▲ 85.5%€160k▲ 16.0%
Operating result€55k-€96k▲ 76.4%€144k▲ 49.9%€142k▼ 1.6%€142k▼ 0.1%
Net result€39k-€70k▲ 80.7%€96k▲ 35.6%€104k▲ 8.5%€102k▼ 1.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 0% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €681k
Fixed assets
€529k▲ 33.7%
Current assets
€152k▲ 96.5%
Equity and liabilities €681k
Equity
€160k▲ 16.0%
Debt
€520k▲ 55.5%
The debt ratio rises from 70.8% to 76.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€185k▲
2024 · €165k
Cash flow
€145k▲
2024 · €127k
Solvency
23.5%▼
2024 · 29.2%
Current ratio
0.93▲
2024 · 0.88
Quick ratio
0.82▼
2024 · 0.88
Debt / equity
3.25▲
2024 · 2.42
ROE
63.7%▼
2024 · 75.0%
ROA
15.0%▼
2024 · 21.9%
Interest coverage
20.06▼
2024 · 21.90
Debt
€520k▲
2024 · €335k
Debt ≤ 1 year
€163k▲
2024 · €87k
Debt > 1 year
€357k▲
2024 · €247k
Income taxes
€31k▼
2024 · €31k
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€473k€681k▲
Fixed assets21/28€396k€529k▲
Tangible fixed assets22/27€396k€529k▲
Land and buildings22€359k€485k▲
Plant, machinery and equipment23-€3k
Furniture and vehicles24€8k€14k▲
Leasing and similar rights25€12k€5k▼
Other tangible fixed assets26€17k€22k▲
Current assets29/58€77k€152k▲
Stocks and contracts in progress3€318€18k▲
Stocks30/36€318€18k▲
Amounts receivable within one year40/41€25k€73k▲
Trade receivables40€21k€70k▲
Other amounts receivable41€3k€3k▼
Cash at bank and in hand54/58€52k€61k▲
Deferred charges and accrued income490/1€98€109▲
Equity and liabilities
Total equity and liabilities10/49€473k€681k▲
Equity10/15€138k€160k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€120k€142k▲
Amounts payable17/49€335k€520k▲
Amounts payable after more than one year17€247k€357k▲
Financial debts170/4€247k€357k▲
Amounts payable within one year42/48€87k€163k▲
Current portion of amounts payable after more than one year42€31k€41k▲
Trade debts44€12k€14k▲
Suppliers440/4€12k€14k▲
Taxes, remuneration and social security45€19k€10k▼
Taxes450/3€19k€10k▼
Other amounts payable47/48€25k€98k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€43k▲
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A€2k-
Gross operating margin9900€170k€188k▲
Operating profit (loss)9901€142k€142k▼
Financial income75/76B€150€119▼
Recurring financial income75€150€119▼
Financial charges65/66B€8k€9k▲
Recurring financial charges65€8k€9k▲
Profit (loss) for the period before taxes9903€134k€133k▼
Income taxes67/77€31k€31k▼
Profit (loss) for the period9904€104k€102k▼
Profit (loss) for the period to be appropriated9905€104k€102k▼
Appropriation of the result
Profit (loss) to be appropriated9906€160k€222k▲
Profit (loss) brought forward from the previous period14P€56k€120k▲
Profit to be distributed694/7€40k€80k▲
Return on contributions (dividend)694€40k€80k▲
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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €150kEq €160k ▲16%
7 profitable years in a row build equity to €160k.
03-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 34 days late
2024
31-12
Financial
Highest result since 2019net €104k ▲8.5%
Net result €104k, the highest in the series.
31-12
Financial
Equity above €100kEq €138k ▲85.5%
6 profitable years in a row build equity to €138k.
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €104k ▲41.4%
4 profitable years in a row build equity to €104k.
05-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ieper · 1 establishment unit since 2018
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.
Boezingepoortstraat 88900 IeperGround area
172 m²
Building footprint
130 m²
Parcel 33011F0285/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
MTM Safety
since 20182.281.716.944
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33011F0285/00D000 | Flanders | 172 m² | 1 · 130 m² | - |
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
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MP PROTECTION
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PROVITEC
BE 0467.525.845
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VECA ART
BE 0438.753.071
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EVL
BE 0863.235.959
Haacht · Eq €176k
Of 191 companies in sector 46421 we hold annual accounts for 128. 96 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-10-2018
Fiscal year end31-12
Activities, NACEBEL
46421Wholesale trade
95319Other maintenance and repair of motor vehicles
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.