MTS GLOBAL
ActiveSummary
MTS GLOBAL has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €622k and a net result of €-62k. Equity is growing by ~104.4% per year across the filed fiscal years. Its solvency ranks better than 51% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability15▼-78
Solvency70▼-10
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 2.33 in 2024; short-term debt: 51.7% and cash: 3.3% of total assets), but 55.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
1 d early
2023
42 d late
2022
29 d late
2021
4 d late
2020
27 d late
2019
3 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-62k
2024 · €244k
2018: €-533
2019: €24k▲ +4692% vs 2018
2020: €34k▲ +38.8% vs 2019
2021: €171k▲ +404% vs 2020
2022: €29k▼ -83.0% vs 2021
2023: €498k▲ +1618% vs 2022highest in 8 years
2024: €244k▼ -51.0% vs 2023
2025: €-62k▼ -125% vs 2024lowest in 8 years
2018 → 2025
Working capital
€611k▼ 11.6%
2024 · €691k
2018: €699lowest in 8 years
2019: €25k▲ +3500% vs 2018
2020: €21k▼ -16.5% vs 2019
2021: €78k▲ +270% vs 2020
2022: €48k▼ -38.7% vs 2021
2023: €409k▲ +757% vs 2022
2024: €691k▲ +69.0% vs 2023highest in 8 years
2025: €611k▼ -11.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€155k-€164k▲ 5.8%€440k▲ 168%€684k▲ 55.5%€622k▼ 9.0%
2021: €155klowest in 5 years
2022: €164k▲ +5.8% vs 2021
2023: €440k▲ +168% vs 2022
2024: €684k▲ +55.5% vs 2023highest in 5 years
2025: €622k▼ -9.0% vs 2024
Operating result€231k-€47k▼ 79.7%€726k▲ 1,444%€412k▼ 43.2%€8k▼ 98.2%
2021: €231k
2022: €47k▼ -79.7% vs 2021
2023: €726k▲ +1444% vs 2022highest in 5 years
2024: €412k▼ -43.2% vs 2023
2025: €8k▼ -98.2% vs 2024lowest in 5 years
Net result€171k-€29k▼ 83.0%€498k▲ 1,618%€244k▼ 51.0%€-62k
2021: €171k
2022: €29k▼ -83.0% vs 2021
2023: €498k▲ +1618% vs 2022highest in 5 years
2024: €244k▼ -51.0% vs 2023
2025: €-62k▼ -125% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 98% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.38M
Fixed assets
€58k ▲ 135%
Current assets
€1.33M ▲ 9.6%
Equity and liabilities €1.38M
Equity
€622k ▼ 9.0%
Provisions
€47k ▲ 51.9%
Debt
€715k ▲ 37.5%
Debt's share of the balance-sheet total rises from 42.1% to 51.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€17k▼
2024 · €431k
Cash flow
€-53k▼
2024 · €263k
Current ratio
1.85▼
2024 · 2.33
Quick ratio
0.13▼
2024 · 0.91
Debt to equity
1.15▲
2024 · 0.76
ROE
-9.9%▼
2024 · 35.7%
ROA
-4.5%▼
2024 · 19.8%
Interest coverage
0.24▼
2024 · 14.90
Debt ≤ 1 year
€715k▲
2024 · €520k
Income taxes
€154▼
2024 · €139k
Staff costs
€85k▲
2024 · €32k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.24M€1.38M▲
Fixed assets21/28€25k€58k▲
Tangible fixed assets22/27€17k€50k▲
Plant, machinery and equipment23€5k€19k▲
Furniture and vehicles24€11k€31k▲
Financial fixed assets28€8k€8k=
Current assets29/58€1.21M€1.33M▲
Stocks and contracts in progress3€739k€1.23M▲
Stocks30/36€739k€1.23M▲
Amounts receivable within one year40/41€450k€41k▼
Trade receivables40€434k€1k▼
Other amounts receivable41€16k€40k▲
Cash at bank and in hand54/58€16k€46k▲
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.24M€1.38M▲
Equity10/15€684k€622k▼
Contributions10/11€6k€6k=
Reserves13€675k€675k=
Distributable reserves133€675k€675k=
Profit (loss) carried forward14€3k€-59k▼
Provisions and deferred taxes16€31k€47k▲
Provisions for liabilities and charges160/5€31k€47k▲
Other liabilities and charges164/5€31k€47k▲
Amounts payable17/49€520k€715k▲
Amounts payable within one year42/48€520k€715k▲
Financial debts43€250k€435k▲
Credit institutions430/8€250k€435k▲
Trade debts44€26k€88k▲
Suppliers440/4€26k€88k▲
Taxes, remuneration and social security45€244k€151k▼
Taxes450/3€238k€134k▼
Remuneration and social security454/9€6k€17k▲
Other amounts payable47/48€192€42k▲
Accrued charges and deferred income492/3€769-
Income statement
Code20242025
Remuneration, social security and pensions62€32k€85k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€9k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€31k€16k▼
Other operating charges640/8€3k€928▼
Gross operating margin9900€498k€119k▼
Operating profit (loss)9901€412k€8k▼
Financial charges65/66B€29k€69k▲
Recurring financial charges65€29k€69k▲
Profit (loss) for the period before taxes9903€383k€-62k▼
Income taxes67/77€139k€154▼
Profit (loss) for the period9904€244k€-62k▼
Profit (loss) for the period to be appropriated9905€244k€-62k▼
Appropriation of the result
Profit (loss) to be appropriated9906€247k€-59k▼
Profit (loss) brought forward from the previous period14P€3k€3k▲
Transfer to equity691/2€244k-
To other reserves6921€244k-
Social balance
Average headcount (FTE)90870.51.5▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €406 | €24k | €26k | €32k | €85k | ▲ 164% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €17k | €18k | €19k | €9k | ▼ 52.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €21k | €21k | €-41k | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €31k | €16k | ▼ 48.1% |
| Other operating charges640/8 | - | €3k | €43k | €3k | €928 | ▼ 71.9% |
| Gross operating margin9900 | €253k | €112k | €771k | €498k | €119k | ▼ 76.1% |
| Operating profit (loss)9901 | €231k | €47k | €726k | €412k | €8k | ▼ 98.2% |
| Financial income75/76B | €73 | €0 | €6k | - | - | - |
| Recurring financial income75 | €73 | €0 | €6k | - | - | - |
| Financial charges65/66B | €3k | €3k | €10k | €29k | €69k | ▲ 139% |
| Recurring financial charges65 | €3k | €3k | €10k | €29k | €69k | ▲ 139% |
| Profit (loss) for the period before taxes9903 | €228k | €44k | €722k | €383k | €-62k | ▼ 116% |
| Income taxes67/77 | €57k | €15k | €224k | €139k | €154 | ▼ 99.9% |
| Profit (loss) for the period9904 | €171k | €29k | €498k | €244k | €-62k | ▼ 125% |
| Profit (loss) for the period to be appropriated9905 | €171k | €29k | €498k | €244k | €-62k | ▼ 125% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €604k | €395k | €1.53M | €1.24M | €1.38M | ▲ 12.1% |
| Fixed assets21/28 | €77k | €116k | €31k | €25k | €58k | ▲ 135% |
| Tangible fixed assets22/27 | €77k | €116k | €31k | €17k | €50k | ▲ 200% |
| Land and buildings22 | €75k | €78k | - | - | - | - |
| Plant, machinery and equipment23 | - | €31k | €17k | €5k | €19k | ▲ 249% |
| Furniture and vehicles24 | €2k | €7k | €14k | €11k | €31k | ▲ 177% |
| Financial fixed assets28 | - | - | - | €8k | €8k | = |
| Current assets29/58 | €527k | €279k | €1.50M | €1.21M | €1.33M | ▲ 9.6% |
| Stocks and contracts in progress3 | €38k | €75k | €355k | €739k | €1.23M | ▲ 66.9% |
| Stocks30/36 | €38k | €75k | €355k | €739k | €1.23M | ▲ 66.9% |
| Amounts receivable within one year40/41 | €356k | €183k | €1.13M | €450k | €41k | ▼ 90.9% |
| Trade receivables40 | €353k | €174k | €975k | €434k | €1k | ▼ 99.7% |
| Other amounts receivable41 | €4k | €9k | €153k | €16k | €40k | ▲ 145% |
| Cash at bank and in hand54/58 | €132k | €19k | €10k | €16k | €46k | ▲ 182% |
| Deferred charges and accrued income490/1 | €1k | €2k | €3k | €5k | €6k | ▲ 15.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €604k | €395k | €1.53M | €1.24M | €1.38M | ▲ 12.1% |
| Equity10/15 | €155k | €164k | €440k | €684k | €622k | ▼ 9.0% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €31k | €431k | €675k | €675k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | - | €29k | €431k | €675k | €675k | = |
| Profit (loss) carried forward14 | €147k | €127k | €3k | €3k | €-59k | ▼ 2,082% |
| Provisions and deferred taxes16 | - | - | - | €31k | €47k | ▲ 51.9% |
| Provisions for liabilities and charges160/5 | - | - | - | €31k | €47k | ▲ 51.9% |
| Other liabilities and charges164/5 | - | - | - | €31k | €47k | ▲ 51.9% |
| Amounts payable17/49 | €449k | €231k | €1.09M | €520k | €715k | ▲ 37.5% |
| Amounts payable within one year42/48 | €449k | €231k | €1.09M | €520k | €715k | ▲ 37.7% |
| Financial debts43 | - | €50k | €250k | €250k | €435k | ▲ 73.9% |
| Credit institutions430/8 | - | €50k | €250k | €250k | €435k | ▲ 73.9% |
| Trade debts44 | €101k | €76k | €374k | €26k | €88k | ▲ 242% |
| Suppliers440/4 | €101k | €76k | €374k | €26k | €88k | ▲ 242% |
| Advances received on contracts in progress46 | €251k | - | - | - | - | - |
| Taxes, remuneration and social security45 | €93k | €90k | €305k | €244k | €151k | ▼ 38.1% |
| Taxes450/3 | €93k | €86k | €300k | €238k | €134k | ▼ 43.8% |
| Remuneration and social security454/9 | - | €4k | €5k | €6k | €17k | ▲ 189% |
| Other amounts payable47/48 | €5k | €15k | €158k | €192 | €42k | ▲ 21,533% |
| Accrued charges and deferred income492/3 | - | - | - | €769 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €171k | €29k | €498k | €244k | €-62k | ▼ 125% |
| + Depreciation and write-downs630 | €1k | €17k | €18k | €19k | €9k | ▼ 52.4% |
| Operating cash flow (approximation) | €172k | €46k | €515k | €263k | €-53k | ▼ 120% |
| Investment in fixed assets (approximation) | - | €-56k | €68k | €-13k | €-42k | ▼ 231% |
| Change in cash | - | €-113k | €-9k | €7k | €30k | ▲ 347% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-62k
Net result drops to €-62k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €500kEq €684k ▲55.5%
6 profitable years in a row build equity to €684k.
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 42 days late
2023
31-12
Financial
Highest result since 2018net €498k ▲1,618%
Operating result €726k, net result €498k, both a record.
31-12
Financial
Equity above €200kEq €440k ▲168%
5 profitable years in a row build equity to €440k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial
Equity above €150kEq €155k ▲355%
3 profitable years in a row build equity to €155k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Plombières · 1 establishment unit since 2010
Ground area
3,356 m²
Building footprint
126 m²
Volume, LiDAR
951 m³
Parcel 63037B0018/00M000, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
INDUSMA
since 20102.193.562.552
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63037B0018/00M000 ProtectedSite or landscape |
Wallonia | 3,356 m² | 1 · 126 m² | 10.8 m · 3 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Legal Entity Identifier
2549002I8BJMETSYPR60
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Of 828 companies in sector 46620 we hold annual accounts for 642. 524 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-10-2010
Fiscal year end31-12
Activities, NACEBEL 2025
46620Wholesale of machine tools
Contact
Phone
0496309064Plombières
Scores and ratios are computed by Checked and are not a credit decision.