Investments
€95,285 2.2 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 26.8% higher than in 2024.
MTS ENERGY
Lifetime
19 annual accounts with figures on one time axis, 36 filings since 1989peak €312,564 (2008)
€6,475▼ 80.1%
lowest -€194,721 (2017)
-€119▼ €23,980
peak €1.2m (2013)
€868,344unchanged
€6,773▼ 27.2%
peak 2.3 FTE (2009)
-not published
Board4 names since 2022
4 directorsCarlos Vandeputte and 3 others
Documentsfilings and deeds
16-03-202645 days before the deadline
2025abbreviated format
Gross margin from €32,459 to €6,475Loss of €119Debts from €9,298 to €6,773Investments €95,285
Key points
from the 2025 annual accountsFilings
36 annual accounts since 1989
The last five annual accounts were filed 25 to 45 days before the end of the period.
Position in the sector
99.2%
Higher solvency than 95% of companies in specialised construction. Sector median 44.0% · 9,967 companies.
Checked score
95
Excellent
Financially stronger than 58% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,701 companies (NACE 43, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 102.72, cash €311,177
Equity €868,344 (99.2% of total assets)
Founded in 1988
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 43, micro). It does better than 90% of them on solvency, 92% on liquidity, 14% on profitability and 34% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 8,617 companies had the same profile as MTS ENERGY has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MTS ENERGY itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for MTS ENERGY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €80,000 on 30-day terms is acceptable
Short-term debt is 0.5% and cash 35.6% of total assets. 0.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 days early
2024
40 days early
2023
25 days early
2022
37 days early
2021
44 days early
2020
29 days early
2019
36 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 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 21 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end08-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0435791603
Company renamed from MTS Energy & Telecom to MTS ENERGY
Resignations: Carlos Vandeputte, Rita De Meulemeester, Jurgen Vandeputte and Gregory Vandeputte · Appointments: Carlos Vandeputte, Rita De Meulemeester, Jurgen Vandeputte and Gregory Vandeputte · Director discharge: Carlos Vandeputte · Gazette deed
New establishment in Anzegem
Sint Antoniusstraat 82
First establishment
Vichtesteenweg 127, Deerlijk
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MTS ENERGY Deerlijk | €875,117 | €6,475 | 99.2% | - |
| PI-construct Blankenberge | €810,448 | €12,140 | 69.5% | - |
| EVF Vanhoutte Filip Kortrijk | €410,452 | €6,489 | 98.5% | 0 |
| DE BELS ELEKTROTECHNIEK Ninove | €793,785 | €3,490 | 93.4% | - |
| LACREMANS I CONSULTING Chaudfontaine | €959,714 | €3,916 | 40.1% | - |
| Henri Delcambe Tournai | €574,502 | €15,592 | 99.8% | - |
| ELEKTRO HAMME Hamme (Vl.) | €400,848 | €3,865 | 13.5% | - |
These companies have the same main activity as MTS ENERGY: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €401,000 and €960,000, founded between 1981 and 2006.
Official details
Source: KBO- Status
- Active since 09-11-1988Normal situation
- Activity
- General electrical installation workNACE 43211and 5 others
- Establishment units
- 2.041.363.7138540 Deerlijk, since 23-12-1988
- 2.199.338.6068570 Anzegem, since 24-05-2011
- Financial year end
- 30 September
- Peppol
- Reachable since 30-01-2025
Annual accounts to 30-09-2025
- ≈ €53,000estimated
- €875,117▼ 0.3%
- Filing
- Filed on 16-03-2026, 45 days before the end of the filing period
Insights on MTS ENERGY
MTS ENERGY files the abbreviated format. That format states no turnover. The gross margin fell from €276,608 in 2007 to €6,475 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MTS ENERGY
- What is the company number of MTS ENERGY?
- The company number of MTS ENERGY is 0435.791.603. The VAT number is the same number with BE in front: BE 0435.791.603.
- Where is MTS ENERGY based?
- The registered office is at Vichtesteenweg 127, 8540 Deerlijk.Company details
- What does MTS ENERGY do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of MTS ENERGY?
- MTS ENERGY is a private limited company (BV).
- When was MTS ENERGY founded?
- MTS ENERGY was founded on 09-11-1988.
- Is MTS ENERGY still active?
- Yes, MTS ENERGY is an active enterprise in the KBO register.
- What is the turnover of MTS ENERGY?
- The turnover in financial year 2025 is ≈ €53,000. This figure is estimated from the gross margin of €6,475 and 124 comparable companies (NACE 43211). It probably lies between €35,000 and €110,000. It is a rough estimate.Financials
- Is MTS ENERGY profitable?
- In financial year 2025, MTS ENERGY made a loss of €119.
- Where can I find the annual accounts of MTS ENERGY?
- MTS ENERGY filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MTS ENERGY due?
- MTS ENERGY must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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