MTS ENERGY
ActiveSummary
MTS ENERGY has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €868k and a net result of €-119. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 95% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability19▼-53
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
short-term debt: 0.5% and cash: 35.6% of total assets, and 0.8% 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
99.2%
Return on assets
0%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-03-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
40 d early
2023
25 d early
2022
37 d early
2021
44 d early
2020
29 d early
2019
36 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€868k=
2024 · €868k
2018: €849k
2019: €826k
2020: €827k
2021: €808k
2022: €800k
2023: €845k
2024: €868k
2018 → 2025
Total assets
€875k▼ 0.3%
2024 · €878k
2018: €852k
2019: €835k
2020: €846k
2021: €817k
2022: €859k
2023: €850k
2024: €878k
2018 → 2025
Net result
€-119
2024 · €24k
2018: €-31k
2019: €-22k
2020: €553
2021: €-19k
2022: €-8k
2023: €45k
2024: €24k
2018 → 2025
Working capital
€473k▼ 9.5%
2024 · €523k
2018: €347k
2019: €358k
2020: €384k
2021: €398k
2022: €409k
2023: €480k
2024: €523k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€808k-€800k▼ 1.0%€845k▲ 5.6%€868k▲ 2.8%€868k=
Operating result€-59k-€-47k▲ 19.5%€-1k▲ 97.0%€-24k▼ 1,539%€-50k▼ 113%
Net result€-19k-€-8k▲ 57.5%€45k€24k▼ 46.4%€-119
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €50k in 2025 against €24k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €875k
Fixed assets
€397k ▲ 14.8%
Current assets
€478k ▼ 10.1%
Equity and liabilities €875k
Equity
€868k =
Debt
€7k ▼ 27.2%
Debt's share of the balance-sheet total falls from 1.1% to 0.8%. Debt is lower.
Key figures and ratios
EBITDA
€-6k▼
2024 · €15k
Cash flow
€44k▼
2024 · €63k
Debt to equity
0.01▼
2024 · 0.01
ROE
0.0%▼
2024 · 2.7%
ROA
0.0%▼
2024 · 2.7%
Interest coverage
-29.94▼
2024 · 54.83
Debt ≤ 1 year
€5k▼
2024 · €9k
Income taxes
€194▼
2024 · €4k
A ratio outside any meaningful range has been withheld (balance sheet total €875k, equity €868k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€878k€875k▼
Fixed assets21/28€346k€397k▲
Tangible fixed assets22/27€346k€397k▲
Land and buildings22€234k€297k▲
Plant, machinery and equipment23€872€992▲
Other tangible fixed assets26€111k€99k▼
Current assets29/58€532k€478k▼
Amounts receivable within one year40/41€120k€165k▲
Trade receivables40€15k€46k▲
Other amounts receivable41€105k€119k▲
Cash at bank and in hand54/58€410k€311k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€878k€875k▼
Equity10/15€868k€868k=
Contributions10/11€62k€62k=
Outside capital11€62k€62k=
Other1109/19€62k€62k=
Reserves13€972k€972k=
Distributable reserves133€972k€972k=
Profit (loss) carried forward14€-166k€-166k▼
Amounts payable17/49€9k€7k▼
Amounts payable within one year42/48€9k€5k▼
Trade debts44€6k€3k▼
Suppliers440/4€6k€3k▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€2k€892▼
Remuneration and social security454/9€1k€1k=
Accrued charges and deferred income492/3€619€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€44k▲
Other operating charges640/8€13k€13k▼
Non-recurring operating charges66A€4k-
Gross operating margin9900€32k€6k▼
Operating profit (loss)9901€-24k€-50k▼
Financial income75/76B€51k€51k▼
Recurring financial income75€51k€51k▼
Financial charges65/66B€281€214▼
Recurring financial charges65€281€214▼
Profit (loss) for the period before taxes9903€27k€75▼
Income taxes67/77€4k€194▼
Profit (loss) for the period9904€24k€-119▼
Profit (loss) for the period to be appropriated9905€24k€-119▼
Appropriation of the result
Profit (loss) to be appropriated9906€-166k€-166k▼
Profit (loss) brought forward from the previous period14P€-190k€-166k▲
The notes to these accounts (4 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
16-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
21-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Back to profitnet €45k
Net result €45k after 2 loss-making years.
30-09
Financial
Liquidity times 12current ratio 95.65
Current ratio from 8.23 to 95.65; short-term debt falls from €57k to €5k.
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Liquidity doublescurrent ratio 47.81
Current ratio from 22.11 to 47.81; short-term debt falls from €18k to €9k.
01-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Back to profitnet €553
Net result €553 after 2 loss-making years.
25-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Deerlijk · 2 establishment units since 1988
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.
Vichtesteenweg 1278540 DeerlijkGround area
6,262 m²
Building footprint
1,000 m²
Volume, LiDAR
5,252 m³
2 parcels, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
MTS ENERGY
since 19882.041.363.713
MTS ENERGY
since 20112.199.338.606
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34018B0765/00G000 | Flanders | 5,165 m² | 1 · 64 m² | 7.5 m · 2 fl. |
| 34009B0761/00W000 | Flanders | 1,097 m² | 1 · 936 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
AKP Electriciteitswerken
BE 0843.290.581
Heusden-Zolder · Eq €869,185
DESTACX
BE 0426.554.629
Ingelmunster · Eq €864,848
MORLITERM
BE 0885.889.320
Veurne · Eq €864,187
INCANDESCENCE
BE 0439.530.259
Aywaille · Eq €863,643
HERASAN
BE 0439.503.436
Vresse-sur-Semois · Eq €873,327
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 5,075 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-11-1988
Fiscal year end30-09
Activities, NACEBEL 2025
43211General electrical installation work
43990Other specialised construction activities
46711Wholesale of cars and light vans (up to 3.5 tonnes)
46712Wholesale trade
47820Retail sale of motor vehicle parts and accessories
46720Wholesale of motor vehicle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.