Equity
€25,016 from €110,218 in 2018
Equity fell by 77% in 7 years.
MTS-IT
Lifetime
10 annual accounts with figures on one time axispeak €97,941 (2023)
€77,648▼ 15.3%
peak €63,502 (2023)
€42,349▼ 27.4%
peak €110,218 (2018)
€25,016▲ 1.4%
€144,941▲ 33.0%
Board2 names since 2022
1 directorWaltniel Matthjias
Documentsfilings and deeds
09-02-20269 days late
2025micro format
Gross margin from €91,620 to €77,648Result from €58,313 to €42,349Dividend €42,000Debts from €108,949 to €144,941Investments €59,702Cash from €30,370 to €7,378
Key points
from the 2025 annual accountsTurnover
≈ €150,000 estimated
The micro format states no turnover.
Debts
€144,941 85% of the balance sheet
Financial debts 31%Suppliers 2%Taxes and wages 15%Other 52%
Of this, €99,831 falls due within a year.
Investments
€93,670 4.9 × depreciation
Green is investment, beige is depreciation. Machinery stands 187.3% higher than in 2024.
Filings
10 annual accounts 1 late
The 2025 accounts came 9 days late. The other nine were filed on time.
Position in the sector
14.7%
Lower solvency than 82% of companies in computer programming and consultancy. Sector median 60.0% · 21,206 companies.
Checked score
79
Excellent
Financially stronger than 34% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%
01-2025: 1.3%▲ +0.2 percentage points vs 12-2024highest value
02-2025: 0.2%▼ -1.1 percentage points vs 01-2025lowest value
03-2025: 0.2%● unchanged vs 02-2025lowest value
04-2025: 0.2%● unchanged vs 03-2025lowest value
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.3%▲ +0.1 percentage points vs 12-2025
02-2026: 0.5%▲ +0.2 percentage points vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.6%▲ +0.1 percentage points vs 09-2026
11-2026: 0.5%▼ -0.1 percentage points vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
1 change of registered office in 24 months
Equity €25,016 (14.7% of total assets)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €169,957
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 62, micro). It does better than 19% of them on solvency, 9% on liquidity, 64% on profitability and 45% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 5,053 companies had the same profile as MTS-IT has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MTS-IT itself: 0.5% 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 5,053 companies, not a prediction for MTS-IT. 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 €1,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.65 (0.71 in 2024), below 1. Short-term debt is 58.7% and cash 4.3% of total assets. 85.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 21206 sector peers (2025).
NBB · sector comparisonPosition among 21206 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-02-2026, 9 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
9 days late
2024
15 days early
2023
20 days early
2022
1 day early
2021
19 days early
2020
40 days early
2019
80 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 24 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 16 January (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
30-06-2026 year end09-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0567635486
Registered office moved within Aalst
New registered office: Baron Romain Moyersoen Park 32, 9300 Aalst · Previous registered office: Wijmenput 46, 9300 Aalst · Board meeting of 15-10-2024 · Gazette deed
Registered office moved within Aalst
New registered office: Wijmenput 46, 9300 Aalst · Previous registered office: Bert Van Hoorickstraat 39 bus 33, 9300 Aalst · Appointment: WALTNIEL Matthias (director) · General meeting of 13-01-2023 · Gazette deed
Incorporation
published on 10-11-2014 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MTS-IT Aalst | €169,957 | €77,648 | 14.7% | - |
| AUXILIATUS Sint-Niklaas | €172,039 | €82,458 | 63.0% | - |
| HP Projects Ghent | €184,134 | €81,038 | 11.1% | - |
| IPSM CONSULTANCY Lebbeke | €191,177 | €71,830 | 36.0% | - |
| adminpwd Ninove | €173,606 | €70,337 | 10.7% | - |
| NUBOID Maldegem | €149,894 | €77,381 | 82.4% | - |
| COMPUTING TECHNOLOGY AND SECURITY CONSULTING Haaltert | €162,349 | €70,203 | 19.3% | - |
These companies have the same main activity as MTS-IT: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €150,000 and €191,000, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 06-11-2014Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 3 others
- Establishment unit
- 2.236.474.5609300 Aalst, since 06-11-2014
- Financial year end
- 30 June
- Peppol
- Reachable since 19-12-2025
Insights on MTS-IT
MTS-IT files the micro format. That format states no turnover. The gross margin fell from €83,445 in 2016 to €77,648 in 2025.
The balance sheet grew most from 2021 to 2022 through fixed assets.
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-IT
- What is the company number of MTS-IT?
- The company number of MTS-IT is 0567.635.486. The VAT number is the same number with BE in front: BE 0567.635.486.
- Where is MTS-IT based?
- The registered office is at Baron Romain Moyersoen Park 32, 9300 Aalst.Company details
- What does MTS-IT do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of MTS-IT?
- MTS-IT is a private limited company (BV).
- When was MTS-IT founded?
- MTS-IT was founded on 06-11-2014.
- Is MTS-IT still active?
- Yes, MTS-IT is an active enterprise in the KBO register.
- What is the turnover of MTS-IT?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €77,648 and 60 comparable companies (NACE 62200). It probably lies between €130,000 and €190,000.Financials
- Is MTS-IT profitable?
- In financial year 2025, MTS-IT made a profit of €42,349.
- Where can I find the annual accounts of MTS-IT?
- MTS-IT filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MTS-IT due?
- MTS-IT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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