Equity
€62,652 from €394,611 in 2022
Equity fell by 84% in 3 years.
MTS Projects
Lifetime
12 annual accounts with figures on one time axispeak €79,854 (2014)
€35,251▼ 0.1%
lowest -€121,981 (2025)
-€121,981▼ €17,443
peak €394,611 (2022)
€62,652▼ 66.1%
€720,712▲ 2.0%
Board1 name since 2013
1 director
Owners
90.61%
Documentsfilings and deeds
27-01-20264 days before the deadline
2025abbreviated format
Loss of €121,981Equity from €184,634 to €62,652
Key points
from the 2025 annual accountsLosses
-€331,958 in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
Turnover
≈ €92,000 estimated
The abbreviated format states no turnover.
Debts
€720,712 92% of the balance sheet
Financial debts 87%Suppliers 6%Taxes and wages 2%Other 5%
€300,749 of the debts are secured on the company's own assets. In 2022 that was €398,273.
Filings
12 annual accounts since 2014
The last five annual accounts were filed 0 to 5 days before the end of the period.
Position in the sector
-€121,981
Lower net result than 94% of companies in head offices and management consultancy. Sector median €43,514 · 10,635 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 111 companies had the same profile as MTS Projects has now. Each dot is one company, two years later.
91.9%
were still trading
4.5%
stopped another way
3.6%
went bankrupt
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 111 companies, not a prediction for MTS Projects. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 10-01-2013
- 90.61%score equity €301,267 (2025) · 30-09-2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0502413973
Change of role: , from manager to director
Permanent representative: · General meeting of 20-06-2022 · Gazette deed
Capital increase of €341,400 to €360,000
Capital from €18,600 to €360,000, 1,795 new shares · Contribution: · Permanent representative: · General meeting of 27-04-2015 · Gazette deed
Incorporation
published on 15-01-2013 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MTS Projects Aarschot | €783,365 | €35,251 | 8.0% | - |
| STELKCO Beernem | €803,600 | €31,221 | 16.3% | - |
| Mentalis Damme | €880,621 | €41,272 | 66.4% | - |
| De Zijp Halle | €575,766 | €45,207 | 42.6% | - |
| LUBANA CONSULTING & MANAGEMENT - LAWFIRM Woluwe-Saint-Lambert | €696,228 | €45,222 | 7.7% | - |
| TUST Geraardsbergen | €856,014 | €30,179 | 70.4% | 0 |
| DE SPRUITKOOL Roeselare | €539,464 | €37,331 | -11.5% | - |
These companies have the same main activity as MTS Projects: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €539,000 and €881,000, founded between 2010 and 2015.
Official details
Source: KBO- Status
- Active since 11-01-2013Normal situation
- Activity
- Activities of head officesNACE 70100and 3 others
- Establishment unit
- 2.216.337.6573200 Aarschot, since 11-01-2013
- Financial year end
- 30 June
- Peppol
- Reachable since 21-11-2025
Annual accounts to 30-06-2025
- €783,365▼ 12.1%
- Filing
- Filed on 27-01-2026, 4 days before the end of the filing period
Insights on MTS Projects
MTS Projects files the abbreviated format. That format states no turnover. The gross margin fell from €79,854 in 2014 to €35,251 in 2025.
holds 90.61% of the shares.
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 Projects
- What is the company number of MTS Projects?
- The company number of MTS Projects is 0502.413.973. The VAT number is the same number with BE in front: BE 0502.413.973.
- Where is MTS Projects based?
- The registered office is at Begijnhof 8, 3200 Aarschot.Company details
- What does MTS Projects do?
- According to the KBO register, the main activity is activities of head offices (NACE 70100).
- What is the legal form of MTS Projects?
- MTS Projects is a private limited company (BV).
- When was MTS Projects founded?
- MTS Projects was founded on 11-01-2013.
- Is MTS Projects still active?
- Yes, MTS Projects is an active enterprise in the KBO register.
- What is the turnover of MTS Projects?
- The turnover in financial year 2025 is ≈ €92,000. This figure is estimated from the gross margin of €35,251 and 75 comparable companies (NACE 70). It probably lies between €55,000 and €140,000.Financials
- Is MTS Projects profitable?
- In financial year 2025, MTS Projects made a loss of €121,981.
- Where can I find the annual accounts of MTS Projects?
- MTS Projects filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MTS Projects due?
- MTS Projects must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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