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MTP

Active
Private limited companyfounded 20206 yrs activeAvenue Emile-Digneffe 59, 4000 Liège, BelgiumKBO/BCE: BE 0748.704.594
Summary

MTP has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €59,677 and a net result of €14,187. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 27% of 19922 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability42▼-16
Solvency65▼-35
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 1.56 against 11.29 in 2023; short-term debt: 59.6% and cash: 45.1% of total assets), but 59.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
40.4%
Return on assets
9.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 4 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
73 d late
2021
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 June 2020, MTP was incorporated as a Private limited company.1 Total assets went from EUR 102,009 in 2021 to EUR 147,612 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€59,677▼ 52.4%
2023 · €125,491
Total assets
€147,612▲ 7.6%
2023 · €137,204
Net result
€14,187▼ 49.1%
2023 · €27,887
Working capital
€49,356▼ 59.1%
2023 · €120,542
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Operating result€113,395-€23,536▼ 79.2%€73,432▲ 212%€59,349▼ 19.2%
Net result€86,779within the sector's middle half-€8,825below the sector's middle half▼ 89.8%€27,887within the sector's middle half▲ 216%€14,187below the sector's middle half▼ 49.1%
Equity€88,779within the sector's middle half-€97,604within the sector's middle half▲ 9.9%€125,491within the sector's middle half▲ 28.6%€59,677within the sector's middle half▼ 52.4%
Total assets€102,009below the sector's middle half-€158,576within the sector's middle half▲ 55.5%€137,204within the sector's middle half▼ 13.5%€147,612within the sector's middle half▲ 7.6%
Debt€13,230-€13,682▲ 3.4%€11,714▼ 14.4%€87,934▲ 651%
Working capital€83,216within the sector's middle half-€139,670within the sector's middle half▲ 67.8%€120,542within the sector's middle half▼ 13.7%€49,356within the sector's middle half▼ 59.1%
Solvency87.0%above the sector's middle half-61.6%within the sector's middle half▼ 25.5pp91.5%above the sector's middle half▲ 29.9pp40.4%within the sector's middle half▼ 51.0pp
Current ratio7.29above the sector's middle half-11.21above the sector's middle half▲ 3.9211.29above the sector's middle half▲ 0.081.56within the sector's middle half▼ 9.73
Return on assets (ROA)85.1%above the sector's middle half-5.6%below the sector's middle half▼ 79.5pp20.3%within the sector's middle half▲ 14.8pp9.6%within the sector's middle half▼ 10.7pp
above within below the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2021: €113,395€113,395Net result 2021: €86,779€86,779Operating result 2022: €23,536€23,536Net result 2022: €8,825€8,825Operating result 2023: €73,432€73,432Net result 2023: €27,887€27,887Operating result 2024: €59,349€59,349Net result 2024: €14,187€14,1872021202220232024€0€20,000€40,000€60,000€80,000Operating result 2022: €23,536€23,500Net result 2022: €8,825€8,820Operating result 2023: €73,432€73,400Net result 2023: €27,887€27,900Operating result 2024: €59,349€59,300Net result 2024: €14,187€14,200202220232024
The operating result falls in 2024; 2024 is 19% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €147,612
Fixed assets €10,321 ▲ 109%
Current assets €137,291 ▲ 3.8%
Equity and liabilities €147,612
Equity €59,677 ▼ 52.4%
Debt €87,934 ▲ 651%
Debt's share of the balance-sheet total rises from 8.5% to 59.6%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€59,840▼
2023 · €73,706
Cash flow
€14,678▼
2023 · €28,161
Debt to equity
1.47▲
2023 · 0.09
ROE
23.8%▲
2023 · 22.2%
Interest coverage
1.34▼
2023 · 1.63
Debt ≤ 1 year
€87,934▲
2023 · €11,714
Income taxes
€2,818▲
2023 · €463
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€137,204€147,612▲
Fixed assets21/28€4,949€10,321▲
Tangible fixed assets22/27-€5,372
Furniture and vehicles24-€5,372
Financial fixed assets28€4,949€4,949=
Current assets29/58€132,255€137,291▲
Amounts receivable within one year40/41€39,776€68,367▲
Other amounts receivable41€39,776€68,367▲
Current investments50/53-€1,251
Cash at bank and in hand54/58€92,479€66,511▼
Deferred charges and accrued income490/1-€1,162
Equity and liabilities
Total equity and liabilities10/49€137,204€147,612▲
Equity10/15€125,491€59,677▼
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€123,491€57,677▼
Amounts payable17/49€11,714€87,934▲
Amounts payable within one year42/48€11,714€87,934▲
Trade debts44€4,914€3,494▼
Suppliers440/4€4,914€3,494▼
Taxes, remuneration and social security45€6,800€4,440▼
Taxes450/3€6,800€2,300▼
Remuneration and social security454/9-€2,140
Other amounts payable47/48-€80,000
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€275€491▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€47,290-
Other operating charges640/8€3,482€396▼
Non-recurring operating charges66A€1,275-
Gross operating margin9900€31,173€60,236▲
Operating profit (loss)9901€73,432€59,349▼
Financial income75/76B-€2,260
Recurring financial income75-€2,260
Financial charges65/66B€45,082€44,605▼
Recurring financial charges65€45,082€44,605▼
Profit (loss) for the period before taxes9903€28,350€17,004▼
Income taxes67/77€463€2,818▲
Profit (loss) for the period9904€27,887€14,187▼
Profit (loss) for the period to be appropriated9905€27,887€14,187▼
Appropriation of the result
Profit (loss) to be appropriated9906€123,491€137,677▲
Profit (loss) brought forward from the previous period14P€95,604€123,491▲
Profit to be distributed694/7-€80,000
Return on contributions (dividend)694-€80,000

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€802€340€275€491▲ 78.8%
Provisions for liabilities and charges: additions (uses and reversals)635/8-€47,290-€47,290--
Other operating charges640/8€1,179€691€3,482€396▼ 88.6%
Non-recurring operating charges66A-€45€1,275--
Gross operating margin9900€115,377€71,902€31,173€60,236▲ 93.2%
Operating profit (loss)9901€113,395€23,536€73,432€59,349▼ 19.2%
Financial income75/76B€1,460€3,502-€2,260-
Recurring financial income75€1,460€3,502-€2,260-
Financial charges65/66B€2,230€1,973€45,082€44,605▼ 1.1%
Recurring financial charges65€2,230€1,973€45,082€44,605▼ 1.1%
Profit (loss) for the period before taxes9903€112,625€25,065€28,350€17,004▼ 40.0%
Income taxes67/77€25,846€16,241€463€2,818▲ 508%
Profit (loss) for the period9904€86,779€8,825€27,887€14,187▼ 49.1%
Profit (loss) for the period to be appropriated9905€86,779€8,825€27,887€14,187▼ 49.1%
Line2021202220232024Change
Assets
Total assets20/58€102,009€158,576€137,204€147,612▲ 7.6%
Fixed assets21/28€5,563€5,224€4,949€10,321▲ 109%
Tangible fixed assets22/27€614€275-€5,372-
Furniture and vehicles24€614€275-€5,372-
Financial fixed assets28€4,949€4,949€4,949€4,949=
Current assets29/58€96,446€153,352€132,255€137,291▲ 3.8%
Amounts receivable within one year40/41€44,939€56,741€39,776€68,367▲ 71.9%
Other amounts receivable41€44,939€56,741€39,776€68,367▲ 71.9%
Current investments50/53---€1,251-
Cash at bank and in hand54/58€51,507€96,612€92,479€66,511▼ 28.1%
Deferred charges and accrued income490/1---€1,162-
Equity and liabilities
Total equity and liabilities10/49€102,009€158,576€137,204€147,612▲ 7.6%
Equity10/15€88,779€97,604€125,491€59,677▼ 52.4%
Contributions10/11€2,000€2,000€2,000€2,000=
Profit (loss) carried forward14€86,779€95,604€123,491€57,677▼ 53.3%
Provisions and deferred taxes16-€47,290---
Provisions for liabilities and charges160/5-€47,290---
Other liabilities and charges164/5-€47,290---
Amounts payable17/49€13,230€13,682€11,714€87,934▲ 651%
Amounts payable within one year42/48€13,230€13,682€11,714€87,934▲ 651%
Trade debts44€4,384€2,725€4,914€3,494▼ 28.9%
Suppliers440/4€4,384€2,725€4,914€3,494▼ 28.9%
Taxes, remuneration and social security45€8,846€10,958€6,800€4,440▼ 34.7%
Taxes450/3€6,846€10,958€6,800€2,300▼ 66.2%
Remuneration and social security454/9€2,000--€2,140-
Other amounts payable47/48---€80,000-
Line2021202220232024Change
Profit (loss) for the period9904€86,779€8,825€27,887€14,187▼ 49.1%
+ Depreciation and write-downs630€802€340€275€491▲ 78.8%
Operating cash flow (approximation)€87,581€9,164€28,161€14,678▼ 47.9%
Investment in fixed assets (approximation)-€0€0-€5,863-
Change in cash-€45,105-€4,132-€25,968▼ 528%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Equity above €100,000Eq €125,491 ▲28.6%
3 profitable years in a row build equity to €125,491.
12-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 73 days late
2022
31-12
Financial Weakest financial yearnet €8,825 ▼89.8%
Net result drops to €8,825, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
275 m²
Building footprint
257 m²
Volume, LiDAR
6,063 m³
Parcel 62814C0088/00F006, Wallonia · tallest building 27.5 m, ±8 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
MTP
Avenue Emile-Digneffe 59, 4000 LiègeDental practice
since 20202.327.008.224
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62814C0088/00F006 Wallonia 275 m² 1 · 257 m² 27.5 m · 8 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.

Recognitions · licences · registrations

Legal Entity Identifier

2549009OL9RTI8UCUI35
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 6,943 companies in this sector we hold annual accounts for 4,297. 3,253 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded18-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
86230Dental practice
E-invoicing
Not found in the Peppol register

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Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.