MTronics
ActiveMTronics has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24k and a net result of €1k. Equity is growing by ~19.5% per year across the filed fiscal years. Its solvency ranks better than 69% of 4149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-22
Solvency80▲+1
Growth68▼-17
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 2.09 in 2024; short-term debt: 45.4% and cash: 19.5% of total assets), and 45.4% 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.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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
54.6%
Return on assets
2.9%
Age of the figures
9 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 27-07-2026, 4 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
4 d early
2024
58 d late
2023
31 d late
2022
46 d early
2021
22 d early
2020
76 d late
2019
108 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€65k▼ 47.7%
2024 · €125k
2020: €53k
2021: €63k
2022: €70k
2023: €95k
2024: €125k
2020 → 2025
EBIT margin
2.0%▼ 4.8pp
2024 · 6.8%
2020: 10.7%
2021: -2.6%
2022: -32.2%
2023: 1.3%
2024: 6.8%
2020 → 2025
Net result
€1k▼ 84.9%
2024 · €8k
2018: €656
2019: €4k
2020: €16k
2021: €1k
2022: €-23k
2023: €1k
2024: €8k
2018 → 2025
Working capital
€21k▲ 2.1%
2024 · €21k
2018: €-895
2019: €3k
2020: €13k
2021: €17k
2022: €7k
2023: €10k
2024: €21k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€63k-€70k▲ 12.1%€95k▲ 35.2%€125k▲ 31.9%€65k▼ 47.7%
Equity€21k-€13k▼ 39.2%€14k▲ 8.9%€22k▲ 60.2%€24k▲ 5.7%
Operating result€-2k-€-23k▼ 1,314%€1k€9k▲ 583%€1k▼ 84.3%
Net result€1k-€-23k€1k€8k▲ 633%€1k▼ 84.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 84% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43k
Fixed assets
€2k▲ 52.5%
Current assets
€41k▲ 2.5%
Equity and liabilities €43k
Equity
€24k▲ 5.7%
Debt
€20k▲ 3.0%
The debt ratio falls from 46.1% to 45.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2k▼
2024 · €10k
Cash flow
€1k▼
2024 · €10k
Solvency
54.6%▲
2024 · 53.9%
Current ratio
2.08▼
2024 · 2.09
Quick ratio
1.88▼
2024 · 1.97
Debt / equity
0.83▼
2024 · 0.85
ROE
5.4%▼
2024 · 37.6%
ROA
2.9%▼
2024 · 20.3%
Interest coverage
20.68▼
2024 · 59.82
Debt
€20k▲
2024 · €19k
Debt ≤ 1 year
€20k▲
2024 · €19k
Staff costs
€3k▼
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€41k€43k▲
Fixed assets21/28€2k€2k▲
Tangible fixed assets22/27-€840
Furniture and vehicles24-€840
Financial fixed assets28€2k€2k=
Current assets29/58€40k€41k▲
Stocks and contracts in progress3€2k€4k▲
Stocks30/36€2k€4k▲
Amounts receivable within one year40/41€36k€28k▼
Trade receivables40€30k€26k▼
Other amounts receivable41€6k€2k▼
Cash at bank and in hand54/58€2k€8k▲
Deferred charges and accrued income490/1€106€688▲
Equity and liabilities
Total equity and liabilities10/49€41k€43k▲
Equity10/15€22k€24k▲
Contributions10/11€12k€12k=
Capital10€12k€12k=
Issued capital100€19k€19k=
Uncalled capital101€6k€6k=
Reserves13€988€988=
Non-distributable reserves130/1€988€988=
Legal reserve130€988€988=
Profit (loss) carried forward14€9k€10k▲
Amounts payable17/49€19k€20k▲
Amounts payable within one year42/48€19k€20k▲
Trade debts44€71€184▲
Suppliers440/4€71€184▲
Taxes, remuneration and social security45€19k€19k▲
Taxes450/3€11k€13k▲
Remuneration and social security454/9€8k€7k▼
Income statement
Code20242025
Turnover70€125k€65k▼
Goods, raw materials, services and sundry goods60/61€82k€59k▼
Remuneration, social security and pensions62€31k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€210▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€43k€7k▼
Operating profit (loss)9901€9k€1k▼
Financial charges65/66B€174€75▼
Recurring financial charges65€174€75▼
Profit (loss) for the period before taxes9903€8k€1k▼
Profit (loss) for the period9904€8k€1k▼
Profit (loss) for the period to be appropriated9905€8k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€10k▲
Profit (loss) brought forward from the previous period14P€547€9k▲
The notes to these accounts (7 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 58 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-23k ▼1627%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 76 days late
2020
31-12
Financial
Highest result since 2018net €16k ▲334%
Net result €16k, the highest in the series.
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 108 days late
2019
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 49 days late
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 52 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Antwerpen · 1 establishment unit since 2017
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.
Diepestraat 892060 AntwerpenGround area
133 m²
Building footprint
133 m²
Volume, LiDAR
949 m³
Parcel 11805E0486/00A005, Flanders · tallest building 13.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MTronics
since 20172.261.748.703
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11805E0486/00A005 | Flanders | 133 m² | 1 · 133 m² | 13.7 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.
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Of 3,227 companies in sector 47400 we hold annual accounts for 1,806. 1,251 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded24-02-2017
Fiscal year end31-12
Activities, NACEBEL
47400Retail sale of information and communication equipment
47430Retail trade
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
47559Retail sale of other household articles
47599Retail trade
47711Retail sale of women's outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.