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MTX ENGINEERING

Active
Private limited companyfounded 2025active for 1 yearRue de Sirault(H) 12, 7050 Jurbise, BelgiumKBO/BCE: BE 1021.733.662
Summary

MTX ENGINEERING has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,362 and a net result of €30,362. Its solvency ranks better than 76% of 11,734 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €120,000
Estimated: probably between €77,000 and €150,000
Total assets
€40,657
Net result
€30,362
Working capital
€29,090

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €40,657
Fixed assets €2,272
Current assets €38,384
Equity and liabilities €40,657
Equity €31,362
Debt €9,295
Debt finances 22.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€39,340
Cash flow
€30,427
Current ratio
4.13
Debt to equity
0.30
ROE
96.8%
ROA
74.7%
Interest coverage
39.79
Debt ≤ 1 year
€9,295
Income taxes
€7,924

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€40,657
Fixed assets21/28€2,272
Tangible fixed assets22/27€2,272
Furniture and vehicles24€2,272
Current assets29/58€38,384
Amounts receivable within one year40/41€28,271
Trade receivables40€28,271
Cash at bank and in hand54/58€6,712
Deferred charges and accrued income490/1€3,402
Equity and liabilities
Total equity and liabilities10/49€40,657
Equity10/15€31,362
Contributions10/11€1,000
Profit (loss) carried forward14€30,362
Amounts payable17/49€9,295
Amounts payable within one year42/48€9,295
Trade debts44€2,426
Suppliers440/4€2,426
Taxes, remuneration and social security45€6,054
Taxes450/3€6,054
Other amounts payable47/48€814
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65
Other operating charges640/8€917
Gross operating margin9900€40,256
Operating profit (loss)9901€39,275
Financial charges65/66B€989
Recurring financial charges65€989
Profit (loss) for the period before taxes9903€38,286
Income taxes67/77€7,924
Profit (loss) for the period9904€30,362
Profit (loss) for the period to be appropriated9905€30,362
Appropriation of the result
Profit (loss) to be appropriated9906€30,362

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65
Other operating charges640/8€917
Gross operating margin9900€40,256
Operating profit (loss)9901€39,275
Financial charges65/66B€989
Recurring financial charges65€989
Profit (loss) for the period before taxes9903€38,286
Income taxes67/77€7,924
Profit (loss) for the period9904€30,362
Profit (loss) for the period to be appropriated9905€30,362
Line2025
Assets
Total assets20/58€40,657
Fixed assets21/28€2,272
Tangible fixed assets22/27€2,272
Furniture and vehicles24€2,272
Current assets29/58€38,384
Amounts receivable within one year40/41€28,271
Trade receivables40€28,271
Cash at bank and in hand54/58€6,712
Deferred charges and accrued income490/1€3,402
Equity and liabilities
Total equity and liabilities10/49€40,657
Equity10/15€31,362
Contributions10/11€1,000
Profit (loss) carried forward14€30,362
Amounts payable17/49€9,295
Amounts payable within one year42/48€9,295
Trade debts44€2,426
Suppliers440/4€2,426
Taxes, remuneration and social security45€6,054
Taxes450/3€6,054
Other amounts payable47/48€814
Line2025
Profit (loss) for the period9904€30,362
+ Depreciation and write-downs630€65
Operating cash flow (approximation)€30,427

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 04-03-2026 2026-00049393

Similar companies · same sector, comparable size

Of the 11,533 active companies whose main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121), figures are known for 6,780. 4,656 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.