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.
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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
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-62k
2024 · €244k
Working capital
€611k▼ 11.6%
2024 · €691k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€231k▲ 565%€47k▼ 79.7%€726k▲ 1,444%€412k▼ 43.2%€8k▼ 98.2%
Net result€171k▲ 404%€29k▼ 83.0%€498k▲ 1,618%€244k▼ 51.0%€-62k
Equity€155k▲ 355%€164k▲ 5.8%€440k▲ 168%€684k▲ 55.5%€622k▼ 9.0%
Total assets€604k▲ 663%€395k▼ 34.6%€1.53M▲ 286%€1.24M▼ 19.1%€1.38M▲ 12.1%
Debt€449k▲ 896%€231k▼ 48.5%€1.09M▲ 370%€520k▼ 52.1%€715k▲ 37.5%
Working capital€78k▲ 270%€48k▼ 38.7%€409k▲ 757%€691k▲ 69.0%€611k▼ 11.6%
Staff (FTE)10.5▼ 50.0%0.5=1.5▲ 200%
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.
Annual accounts
| 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.