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MTS

Dissolution or liquidation
Private limited company (pre-2019)founded 2018KBO/BCE: BE 0715.564.941
Summary

The KBO lists the legal status of MTS as dissolution or liquidation, with no start date. The 2022 annual accounts show equity of €33,659 and a net result of -€4,530.

MTSDissolution or liquidation

Overview

Overview

Official details

Source: KBO
Status
Judicial dissolution or nullity registered since 06-12-2018
Legal form
Private limited company (pre-2019)
Activity
No activity registered in the KBO
Establishment units
2.282.469.584 since 06-12-2018
2.302.561.947 1090 Jette, since 01-01-2019
Financial year end
31 December
Peppol
Reachable since 06-01-2026

Financial position

No score
Annual accounts 2022
Turnover
€163,317
▲ 67.2%
Loss
€4,530
Equity
€33,659
▼ 11.9%
Total assets
€45,850
▼ 13.4%
Staff
≈ 0.2 FTE
estimated

Financials

Financials · financial year 2022, micro format

2022 annual accounts filed 66 days after the deadline Filed on 5 October 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00479314.

Annual accounts 2022 filed on 05-10-2023 PDF all 4 filings

Turnover
€163,317▲ 67.2%
2021 · €97,700
EBIT margin
-2.3%▼ 10.3pp
2021 · 7.9%
Net result
-€4,530
2021 · €6,322
Working capital
€29,682▼ 4.8%
2021 · €31,179
Multi-year overview
2019 to 2022, 4 financial years
Turnover
€163,317
▲ 67.2% 2022
20192022
Operating result
-€3,806
2022
20192022
Net result
-€4,530
2022
20192022
EBIT margin
-2.3%
▼ 10.3pp 2022
20192022
Equity
€33,659
▼ 11.9% 2022
20192022
Total assets
€45,850
▼ 13.4% 2022
20192022
Debt
€12,191
▼ 17.5% 2022
20192022
Working capital
€29,682
▼ 4.8% 2022
20192022
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022
Turnover€30,212-€100,918▲ 234%€97,700▼ 3.2%€163,317▲ 67.2%
Operating result-€10,675-€22,165€7,738▼ 65.1%-€3,806
Net result-€8,781-€22,048€6,322▼ 71.3%-€4,530
EBIT margin-35.3%-22.0%▲ 57.3pp7.9%▼ 14.0pp-2.3%▼ 10.3pp
Equity€9,819-€31,867▲ 225%€38,189▲ 19.8%€33,659▼ 11.9%
Total assets€35,499-€40,767▲ 14.8%€52,964▲ 29.9%€45,850▼ 13.4%
Debt€25,680-€8,900▼ 65.3%€14,775▲ 66.0%€12,191▼ 17.5%
Working capital-€5,447-€24,034€31,179▲ 29.7%€29,682▼ 4.8%

The operating result for 2022 is a loss of €3,806, after a profit of €7,738 in 2021.

Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €45,650
Fixed assets €3,777 ▼ 46.1%
Current assets €41,873 ▼ 8.9%
Equity and liabilities €45,850
Equity €33,659 ▼ 11.9%
Debt €12,191 ▼ 17.5%
Debt's share of the balance-sheet total falls from 27.9% to 26.6%. Equity and debt are lower.
Key figures and ratios
2022 value · change against 2021
EBITDA
-€773▼
2021 · €17,060
Cash flow
-€1,497▼
2021 · €15,644
Current ratio
3.43▲
2021 · 3.11
Debt to equity
0.36▼
2021 · 0.39
ROE
-13.5%▼
2021 · 16.6%
ROA
-9.9%▼
2021 · 11.9%
Interest coverage
-1.07▼
2021 · 12.05
Debt ≤ 1 year
€12,191▼
2021 · €14,775
Customer credit
2 days▼
2021 · 132 days
Supplier credit
28 days▼
2021 · 65 days
Staff costs
€3,785▼
2021 · €5,626
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022
Tangible fixed assets€8,499-
Depreciation and write-downs of the year€9,322€3,033

Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 45 lines
Balance sheet Code20212022
Assets
Total assets20/58€52,964€45,850▼
Formation expenses20-€200
Fixed assets21/28€7,010€3,777▼
Intangible fixed assets21€400-
Tangible fixed assets22/27€6,610€3,777▼
Furniture and vehicles24€6,610€3,777▼
Current assets29/58€45,954€41,873▼
Amounts receivable within one year40/41€36,619€37,991▲
Trade receivables40€35,415€958▼
Other amounts receivable41€1,204€37,034▲
Cash at bank and in hand54/58€9,148€3,774▼
Deferred charges and accrued income490/1€187€108▼
Equity and liabilities
Total equity and liabilities10/49€52,964€45,850▼
Equity10/15€38,189€33,659▼
Contributions10/11€18,600€18,600=
Contributions outside capital11€18,600€18,600=
Other1109/19€18,600€18,600=
Reserves13€316€316=
Non-distributable reserves130/1€316€316=
Reserves not available under the articles1311€316€316=
Profit (loss) carried forward14€19,273€14,743▼
Amounts payable17/49€14,775€12,191▼
Amounts payable within one year42/48€14,775€12,191▼
Trade debts44€14,035€12,148▼
Suppliers440/4€14,035€12,148▼
Taxes, remuneration and social security45€52€43▼
Taxes450/3€43€43=
Remuneration and social security454/9€10-
Other amounts payable47/48€688-
Income statement Code20212022
Turnover70€97,700€163,317▲
Goods, raw materials, services and sundry goods60/61€78,388€159,149▲
Remuneration, social security and pensions62€5,626€3,785▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,322€3,033▼
Other operating charges640/8€626€1,179▲
Gross operating margin9900€23,312€4,190▼
Operating profit (loss)9901€7,738-€3,806▼
Financial charges65/66B€1,416€724▼
Recurring financial charges65€1,416€724▼
Profit (loss) for the period before taxes9903€6,322-€4,530▼
Profit (loss) for the period9904€6,322-€4,530▼
Profit (loss) for the period to be appropriated9905€6,322-€4,530▼
Appropriation of the result
Profit (loss) to be appropriated9906€19,589€14,743▼
Profit (loss) brought forward from the previous period14P€13,267€19,273▲
Transfer to equity691/2€316-
To the legal reserve6920€316-

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2022 (PDF), filed on 05-10-2023.

Line2019202020212022Change
Turnover70€30,212€100,918€97,700€163,317▲ 67.2%
Goods, raw materials, services and sundry goods60/61--€78,388€159,149▲ 103%
Remuneration, social security and pensions62--€5,626€3,785▼ 32.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,433€7,433€9,322€3,033▼ 67.5%
Other operating charges640/8--€626€1,179▲ 88.3%
Gross operating margin9900-€3,241€31,965€23,312€4,190▼ 82.0%
Operating profit (loss)9901-€10,675€22,165€7,738-€3,806-
Recurring financial income75€2,203----
Financial charges65/66B--€1,416€724▼ 48.9%
Recurring financial charges65€310€117€1,416€724▼ 48.9%
Profit (loss) for the period before taxes9903-€8,781€22,048€6,322-€4,530-
Profit (loss) for the period9904-€8,781€22,048€6,322-€4,530-
Profit (loss) for the period to be appropriated9905-€8,781€22,048€6,322-€4,530-
Line2019202020212022Change
Assets
Total assets20/58€35,499€40,767€52,964€45,850▼ 13.4%
Formation expenses20---€200-
Fixed assets21/28€15,266€7,833€7,010€3,777▼ 46.1%
Intangible fixed assets21€799€600€400--
Tangible fixed assets22/27€14,467€7,233€6,610€3,777▼ 42.9%
Furniture and vehicles24--€6,610€3,777▼ 42.9%
Current assets29/58€20,233€32,934€45,954€41,873▼ 8.9%
Amounts receivable within one year40/41€15,998€29,692€36,619€37,991▲ 3.7%
Trade receivables40--€35,415€958▼ 97.3%
Other amounts receivable41--€1,204€37,034▲ 31×
Cash at bank and in hand54/58€4,234€3,243€9,148€3,774▼ 58.7%
Deferred charges and accrued income490/1--€187€108▼ 42.5%
Equity and liabilities
Total equity and liabilities10/49€35,499€40,767€52,964€45,850▼ 13.4%
Equity10/15€9,819€31,867€38,189€33,659▼ 11.9%
Contributions10/11€18,600€18,600€18,600€18,600=
Contributions outside capital11--€18,600€18,600=
Other1109/19--€18,600€18,600=
Reserves13--€316€316=
Non-distributable reserves130/1--€316€316=
Reserves not available under the articles1311--€316€316=
Profit (loss) carried forward14-€8,781€13,267€19,273€14,743▼ 23.5%
Amounts payable17/49€25,680€8,900€14,775€12,191▼ 17.5%
Amounts payable within one year42/48€25,680€8,900€14,775€12,191▼ 17.5%
Trade debts44€3,957€8,153€14,035€12,148▼ 13.4%
Suppliers440/4--€14,035€12,148▼ 13.4%
Taxes, remuneration and social security45--€52€43▼ 18.8%
Taxes450/3--€43€43=
Remuneration and social security454/9--€10--
Other amounts payable47/48--€688--
Line2019202020212022Change
Profit (loss) for the period9904-€8,781€22,048€6,322-€4,530-
+ Depreciation and write-downs630€7,433€7,433€9,322€3,033▼ 67.5%
Operating cash flow (approximation)-€1,348€29,481€15,644-€1,497-
Investment in fixed assets (approximation)-€0-€8,499€200-
Change in cash--€992€5,905-€5,374-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference Document
31-12-2022 micro format 05-10-2023 2023-00479314 PDF
31-12-2021 micro format 30-12-2022 2023-20552114 PDF
31-12-2020 micro format 19-11-2021 2021-78000030 PDF
31-12-2019 micro format 19-11-2021 2021-77800100 PDF

Board & ownership

Directors

Directors
3 directors, last change in 2024
EL MAILI NOUR EDDINE
Director · appointed in the act of 17-07-2024
Current
GHBALOU ABDESSELAM
Director · appointed in the act of 17-07-2024
Current
MALOU MADIAMU KHENDA
Director · appointed in the act of 17-02-2025
Current

Owners and capital

Mandate history

9 people, 3 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
EL MAILI NOUR EDDINE
  • Director, appointed in the act of 07-07-2022, until 17-06-2024
  • Director, appointed in the act of 17-07-2024, still in office
GHBALOU ABDESSELAM
  • Director, appointed in the act of 31-10-2023, until 17-06-2024
  • Director, appointed in the act of 17-07-2024, still in office
MALOU MADIAMU KHENDA
  • Director, appointed in the act of 17-02-2025, still in office
ACHAB MOUNIR
  • Director, until 26-12-2024
LOUZARI HICHAM
  • Director, appointed in the act of 04-10-2023, until 17-06-2024
EL KHADIRI YOUSSEF
  • Director, appointed in the act of 01-06-2023, until 31-08-2023
BENADDI MOHAMED
  • Director, appointed in the act of 07-07-2022, until 28-03-2023
AMALAL JAOUAD
  • Director, appointed in the act of 15-06-2022, until 25-11-2022
DELVAUX KARIM ALEXANDRE P
  • Director, appointed in the act of 15-06-2022, until 30-06-2022
See the board, name and registered office on a given date →

Network & group

MTS shares no director with another company.

Companies at the same address

610 other companies

Connections & network

3 current directors
Depth

The network starts from the directors of MTS. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
02-01
Bankruptcy Judicial dissolution, liquidator appointed
Enterprise Court of Brussels · liquidator: Dewael Lies · judgment of 26-12-2025
2025
20-10
KBO administration Address struck
17-02
Gazette deed Registered office moved from Willebroek to Wezembeek-Oppem
Transfer of 100 shares · Resignation: ACHAB MOUNIR (director) · Appointment: MALOU MADIAMU KHENDA (director)11 points ▸
  • General meeting, 26-12-2024
  • ACHAB MOUNIR holds all the shares
  • Share transfer, ACHAB MOUNIR → MALOU MADIAMU KHENDA
  • MALOU MADIAMU KHENDA holds all the shares
  • Director resignation, ACHAB MOUNIR (director)
  • Director discharge, ACHAB MOUNIR (director)
  • Other provision, “alle fiscale en sociale schulden inclusief voor overdracht ontstaan, overname verantwoordelijkheid fiscale en sociale schulden” (deed in Dutch)
  • Other provision, “zowel voor als na overdracht, ontheffing aansprakelijkheid fiscale en sociale schulden” (deed in Dutch)
  • Director appointment, MALOU MADIAMU KHENDA (director)
  • Other provision, 26-12-2024, “volledige boekhouding overgenomen en geraadpleegd” (deed in Dutch)
  • Registered-office move, Lange Eikstraat 46,1970 Wezembeek-Oppem

Open the act in the Belgian Official Gazette

2024
13-08
Gazette deed Transfer of 15 shares
Resignations: EL MAILI NOUR EDDINE, LOUZARI HICHAM and GHBALOU ABDESSELAM5 points ▸
  • General meeting, 17-06-2024
  • Director resignation, EL MAILI NOUR EDDINE (director)
  • Director resignation, LOUZARI HICHAM (director)
  • Director resignation, GHBALOU ABDESSELAM (director)
  • Share transfer, EL MAILI NOUR EDDINE → ACHAB MOUNIR

Open the act in the Belgian Official Gazette

17-07
Gazette deed Appointments: GHBALOU ABDESSELAM (director) and EL MAILI NOUR EDDINE (director)
4 points ▸
  • General meeting, 08-07-2024
  • Director appointment, GHBALOU ABDESSELAM (director)
  • Director appointment, EL MAILI NOUR EDDINE (director)
  • Director in office, ACHAB MOUNIR (director)

Open the act in the Belgian Official Gazette

2023
31-10
Gazette deed Appointment: GHBALOU ABDESSELAM (director)
2 points ▸
  • General meeting, 05-10-2023
  • Director appointment, GHBALOU ABDESSELAM (director)

Open the act in the Belgian Official Gazette

05-10
NBB filing Annual accounts 2022 filedPDF
micro format · 66 days late
04-10
Gazette deed Resignation: EL KHADIRI YOUSSEF (director)
Appointment: LOUZARI HICHAM (director)4 points ▸
  • General meeting, 01-09-2023
  • Director resignation, EL KHADIRI YOUSSEF (director)
  • Director appointment, LOUZARI HICHAM (director)
  • Board composition, ACHAB MOUNIR (director)

Open the act in the Belgian Official Gazette

01-06
Gazette deed Appointment: EL KHADIRI YOUSSEF (director)
3 points ▸
  • General meeting, 12-05-2023
  • Director appointment, EL KHADIRI YOUSSEF (director)
  • Director in office, ACHAB MOUNIR (director)

Open the act in the Belgian Official Gazette

28-03
Gazette deed Transfer of 15 shares
Resignation: BENADDI MOHAMED (director)4 points ▸
  • General meeting, 31-01-2023
  • Director resignation, BENADDI MOHAMED (director)
  • Share transfer, BENADDI MOHAMED → ACHAB MOUNIR
  • Board composition, ACHAB MOUNIR (director)

Open the act in the Belgian Official Gazette

2022
30-12
NBB filing Annual accounts 2021 filedPDF
micro format · 152 days late
25-11
Gazette deed Transfer of 15 shares
Resignation: AMALAL JAOUAD (director)4 points ▸
  • General meeting, 30-09-2022
  • Director resignation, AMALAL JAOUAD (director)
  • Share transfer, AMALAL JAOUAD → ACHAB MOUNIR
  • Board composition, ACHAB MOUNIR (director)

Open the act in the Belgian Official Gazette

Show earlier events
07-07
Gazette deed Resignation: DELVAUX KARIM ALEXANDRE P (director)
Appointments: BENADDI MOHAMED (director) and EL MAILI NOUR EDDINE (director) · Share transfer9 points ▸
  • General meeting, 15-06-2022
  • Director resignation, DELVAUX KARIM ALEXANDRE P (director)
  • Share transfer, DELVAUX KARIM ALEXANDRE P → ACHAB MOUNIR
  • General meeting, 29-06-2022
  • Director appointment, BENADDI MOHAMED (director)
  • Director appointment, EL MAILI NOUR EDDINE (director)
  • Share transfer, ACHAB MOUNIR → BENADDI MOHAMED
  • Share transfer, ACHAB MOUNIR → EL MAILI NOUR EDDINE
  • Director in office, ACHAB MOUNIR (director)

Open the act in the Belgian Official Gazette

15-06
Gazette deed Appointments: AMALAL JAOUAD (director) and DELVAUX KARIM ALEXANDRE P (director)
Share transfer6 points ▸
  • General meeting, 18-05-2022
  • Director appointment, AMALAL JAOUAD (director)
  • Director appointment, DELVAUX KARIM ALEXANDRE P (director)
  • Share transfer, ACHAB MOUNIR → AMALAL JAOUAD
  • Share transfer, ACHAB MOUNIR → DELVAUX KARIM ALEXANDRE P
  • Board composition, ACHAB MOUNIR (director)

Open the act in the Belgian Official Gazette

2021
19-11
NBB filing Annual accounts 2020 filedPDF
micro format · 111 days late
19-11
NBB filing Annual accounts 2019 filedPDF
micro format · 476 days late
2020
31-12
Financial Back to profitnet €22,048
The net result is €22,048, after one loss-making year.
31-12
Financial Liquidity more than quadruplescurrent ratio 3.70
The current ratio rises from 0.79 to 3.70. Short-term debt falls from €25,680 to €8,900.
2018
10-12
Gazette deed IncorporationPDF
11 publications in the Belgian Official Gazette, the last on 17-02-2025
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 6 December 2018, MTS was incorporated.1 In 2025 the registered office moved to Wezembeek-Oppem.2 Today the board has 3 members.2 Turnover went from €30,212 in 2019 to €163,317 in 2022.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 17-02-2025
  3. 3National Bank, annual accounts 2019 and 2022

Company details

Gerechtelijke ontbinding of nietigheid

Last annual accounts
financial year to 31 December 2022
Legal form
Private limited company (pre-2019)
Active since
6 December 2018
Official KBO record

Register details

Identity

Name MTS in Dutch
Enterprise number 0715.564.941
Entity type Legal entity

Registered office and establishments

Registered office
1 former office
  • Groene Laan 29B, 2830 Willebroek until 26-12-2024 · act of 17-02-2025
Establishment units MTS since 06-12-2018 · unit number 2.282.469.5844931003
MTS SERVICES, Pierre Verscheldenstraat 31, 1090 Jette since 01-01-2019 · unit number 2.302.561.9472511001

Invoicing and payment

VAT number BE 0715.564.941
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0715564941
Registered 06-01-2026

The company is no longer active. Its listing in the Peppol Directory only disappears when its Peppol service provider removes it.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment All 2 establishment units on the map
610 companies at this address See who is registered here

Buildings and parcels at the addresses

Ground area
1,211 m²
Building footprint
543 m²
Building volume
5,354 m³
Tallest building: 18.2 m.
Flanders 1 (33.3%) Brussels 2 (66.7%)
Cadastral parcel Region Area Buildings Height / floors
22006A0114/00P000 Flanders 520 m² 1 · 325 m² 14.8 m · 3
21492B0043/00P002 Brussels 426 m² 1 · 116 m² 18.2 m · 5
21010B0160/00Y005 Brussels 264 m² 1 · 102 m² 13.0 m · 4