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MTM Safety

Active
Private limited companyfounded 2018active for 8 yearsBoezingepoortstraat 8, 8900 Ieper, BelgiumKBO/BCE: BE 0711.907.447
Summary

MTM Safety has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €160,175 and a net result of €102,065. Equity has been growing by about 33% per year since 2019. Its solvency ranks better than 37% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

Source: KBO
Status
Active since 19-10-2018 Normal situation
Activity
Wholesale trade NACE 46421and 3 others
Establishment unit
2.281.716.944 8900 Ieper, since 19-11-2018
Financial year end
31 December
Peppol
Reachable since 23-12-2025

Board and ownership

Board

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
€187,596
▲ 10.5%
Turnover
≈ €940,000
estimated
Profit
€102,065
▼ 1.5%
Equity
€160,175
▲ 16.0%
Total assets
€680,537
▲ 43.9%
Score breakdownraises risk1 change of registered office in 24 months1 of the last 3 accounts latelowers riskSize: total assets €680,537Figures for financial year 2025 (filed on 20-07-2026)Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 61% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 49-5
equity 23.5% of total assets
Liquidity 52-7
short-term debt 24.0% · cash 8.9%
Profitability 87-9
return on assets 15.0%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025lowest value 04-2025: 0.9%▲ +0.5 percentage points vs 03-2025 05-2025: 1.2%▲ +0.3 percentage points vs 04-2025 06-2025: 1.1%▼ -0.1 percentage points vs 05-2025 07-2025: 1.3%▲ +0.2 percentage points vs 06-2025 08-2025: 2.0%▲ +0.7 percentage points vs 07-2025 09-2025: 2.4%▲ +0.4 percentage points vs 08-2025highest value 10-2025: 1.2%▼ -1.2 percentage points vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.4%▲ +0.2 percentage points vs 03-2026 05-2026: 1.7%▲ +0.3 percentage points vs 04-2026 06-2026: 1.6%▼ -0.1 percentage points vs 05-2026 07-2026: 1.5%▼ -0.1 percentage points vs 06-2026 08-2026: 0.9%▼ -0.6 percentage points vs 07-2026 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026 11-2026: 0.9%● unchanged vs 10-2026
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.93 (0.88 in 2024), below 1. Short-term debt is 24% and cash 8.9% of total assets. 76.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 35% of them on solvency, 57% on liquidity, 82% on profitability and 72% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €680,537
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 20-07-2026)
NBB · annual accounts
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 filings
Deviation from the deadline
2025
11 days early
2024
34 days late
2023
65 days early
2022
75 days early
2021
56 days early
2020
46 days early
2019
43 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 June (4 of the last 5 accounts filed within 45 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 94% of companies in wholesale tradesector median €5,660 · 13,747 companies €102,065 View
  • Positive: 7 profitable years in a rowprofit 2025: €102,065 7 years View

Recent changes

  1. · Gazette deed Registered office moved from Zonnebeke to leper
  2. · Gazette deed Change of role: GOUDESEUNE Mathieu, from manager to directorResignation: GOUDESEUNE Stefaan (manager)
  3. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as MTM Safety: wholesale trade (NACE 46421). They are comparable in size and age: total assets between €488,000 and €1m, founded between 2018 and 2021.

CompanyTotal assetsGross margin
MTM Safety Ieper€0.7m€0.2m
ISABO.BE Waregem€0.6m€0.1m
DEPAIRON DISTRIBUTION Verviers€0.8m€0.3m
ANTWERP SAFETY EQUIPMENT Stabroek€0.5m€0.1m
CAVALLO WORKWEAR Heusden-Zolder€1.0m€0.4m
JoDa Sign Oudsbergen€0.6m€0.3m
ADIS WERKKLEDIJ & Zn Wevelgem€0.9m€0.2m
Full comparison

Key facts about MTM Safety

What is the company number of MTM Safety?
The company number of MTM Safety is 0711.907.447. The VAT number is the same number with BE in front: BE 0711.907.447.
Where is MTM Safety based?
The registered office is at Boezingepoortstraat 8, 8900 Ieper.Company details
What does MTM Safety do?
According to the KBO register, the main activity is wholesale trade (NACE 46421).
What is the legal form of MTM Safety?
The legal form of MTM Safety is Private limited company (BV).
When was MTM Safety founded?
MTM Safety was founded on 19-10-2018.
Is MTM Safety still active?
Yes, MTM Safety is an active enterprise in the KBO register.
What is the turnover of MTM Safety?
The turnover in financial year 2025 is ≈ €940,000. This figure is estimated from the gross margin of €187,596 and 58 comparable companies (NACE 46). It probably lies between €470,000 and €1.7m.Financials
Is MTM Safety profitable?
In financial year 2025, MTM Safety made a profit of €102,065.
Where can I find the annual accounts of MTM Safety?
MTM Safety filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MTM Safety due?
MTM Safety must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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