MULTI PURPOSE TECHNICAL SERVICES
InactiveFinancials · financial year 2025, full format
Turnover
€1.5m▼ 12.3%
2024 · €1.7m
EBIT margin
-0.4%▼ 0.7pp
2024 · 0.3%
Net result
-€2,153
2024 · €297
Working capital
€1.4m▲ 108%
2024 · €661,440
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €5,410 after €5,451 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€1.5m
2025
Operating result-€0.005m
2025
Net result-€0.002m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.7m
2025
Equity€0.2m
2025
Debt€1.5m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€1.4m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin-0.4%
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)5.3
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€1.2m€1.0m▼ 12.6%€1.1m▲ 9.9%€1.4m▲ 28.2%€1.7m▲ 17.3%€1.7m▼ 0.5%€1.5m▼ 12.3%
Operating result€0.007m-€0.04m▲ 525%€0.04m▼ 0.3%€0.02m▼ 47.7%€0.02m▼ 15.2%-€0.04m€0.005m-€0.005m
Net result€0.005m-€0.02m▲ 237%€0.007m▼ 54.0%€0.006m▼ 16.6%€0.006m▲ 3.6%€0.002m▼ 73.3%€297▼ 82.6%-€0.002m
EBIT margin3.7%4.2%▲ 0.5pp2.0%▼ 2.2pp1.3%▼ 0.7pp-2.2%▼ 3.6pp0.3%▲ 2.6pp-0.4%▼ 0.7pp
Equity€0.1m-€0.3m▲ 166%€0.3m▼ 3.7%€0.3m▼ 7.7%€0.2m▼ 4.5%€0.2m▼ 6.7%€0.2m▼ 7.8%€0.2m▼ 7.1%
Total assets€1.9m-€1.9m▼ 0.3%€2.1m▲ 6.4%€2.5m▲ 20.4%€2.4m▼ 4.8%€2.1m▼ 10.0%€1.9m▼ 11.9%€1.7m▼ 10.1%
Debt€1.8m-€1.7m▼ 9.9%€1.8m▲ 8.2%€2.2m▲ 24.7%€2.1m▼ 4.9%€1.9m▼ 10.3%€1.7m▼ 12.4%€1.5m▼ 10.5%
Working capital-€1.0m--€0.05m▲ 94.7%€0.3m€0.4m▲ 45.6%€0.5m▲ 18.1%€0.7m▲ 42.4%€0.7m▼ 5.3%€1.4m▲ 108%
Staff (FTE)0.4-3.9▲ 875%3.7▼ 5.1%5.1▲ 37.8%6.1▲ 19.6%4.9▼ 19.7%4.7▼ 4.1%5.3▲ 12.8%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets
€40,883 ▼ 95.2%
Current assets
€1.6m ▲ 61.6%
Equity and liabilities €1.7m
Equity
€192,237 ▼ 7.1%
Debt
€1.5m ▼ 10.5%
Debt's share of the balance-sheet total falls from 89.0% to 88.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€10,404▼
2024 · €265,940
Cash flow
€13,661▼
2024 · €260,786
Current ratio
6.06▲
2024 · 2.86
Debt to equity
7.77▼
2024 · 8.07
ROE
-1.1%▼
2024 · 0.1%
ROA
-0.1%▼
2024 · 0.0%
Interest coverage
0.79▼
2024 · 27.11
Debt ≤ 1 year
€271,226▼
2024 · €356,089
Debt > 1 year
€1.2m▼
2024 · €1.3m
Income taxes
€11,698▲
2024 · €3,480
Staff costs
€547,694▲
2024 · €501,573
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €1.2m | €1.5m | - | - | - | - |
| Turnover70 | - | €1.2m | €1.0m | €1.1m | €1.4m | €1.7m | €1.7m | €1.5m | ▼ 12.3% |
| Other operating income74 | - | - | - | €0.04m | €0.03m | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €8 | €11 | €2 | - | - | - |
| Operating charges60/66A | - | - | - | €1.1m | €1.4m | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | €1.0m | €0.9m | €0.9m | ▼ 0.1% |
| Goods for resale, raw materials and consumables60 | - | - | - | €0.1m | €0.2m | - | - | - | - |
| Purchases600/8 | - | - | - | €0.1m | €0.2m | - | - | - | - |
| Change in stocks: decrease (increase)609 | - | - | - | -€458 | -€0.003m | - | - | - | - |
| Services and other goods61 | - | - | - | €0.3m | €0.4m | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0.5m | €0.6m | €0.5m | €0.5m | €0.5m | ▲ 9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.08m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.02m | ▼ 93.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.002m | €250 | €0.001m | €0.001m | €0.006m | ▲ 681% |
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.003m | €0.003m | €0.003m | ▲ 0.5% |
| Gross operating margin9900 | €0.1m | €0.6m | €0.6m | - | - | €0.7m | €0.8m | €0.6m | ▼ 26.5% |
| Operating profit (loss)9901 | €0.007m | €0.04m | €0.04m | €0.02m | €0.02m | -€0.04m | €0.005m | -€0.005m | - |
| Financial income75/76B | - | - | - | €0.001m | €0.009m | €0.07m | €0.008m | €0.03m | ▲ 245% |
| Recurring financial income75 | €3 | - | - | €0.001m | €0.009m | €0.07m | €0.008m | €0.03m | ▲ 245% |
| Income from current assets751 | - | - | - | €0.001m | €0.009m | - | - | - | - |
| Other financial income752/9 | - | - | - | €23 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.01m | €0.02m | €0.02m | €0.01m | €0.01m | ▲ 34.1% |
| Recurring financial charges65 | €0.005m | €0.02m | €0.03m | €0.01m | €0.02m | €0.02m | €0.01m | €0.01m | ▲ 34.1% |
| Debt charges650 | - | - | - | €0.01m | €0.01m | - | - | - | - |
| Other financial charges652/9 | - | - | - | €0.001m | €0.002m | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €0.002m | €0.02m | €0.02m | €0.008m | €0.01m | €0.008m | €0.004m | €0.01m | ▲ 153% |
| Income taxes67/77 | -€0.003m | €0.008m | €0.01m | €0.002m | €0.006m | €0.006m | €0.003m | €0.01m | ▲ 236% |
| Taxes670/3 | - | - | - | €0.006m | €0.006m | - | - | - | - |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0.004m | - | - | - | - | - |
| Profit (loss) for the period9904 | €0.005m | €0.02m | €0.007m | €0.006m | €0.006m | €0.002m | €297 | -€0.002m | - |
| Profit (loss) for the period to be appropriated9905 | €0.005m | €0.02m | €0.007m | €0.006m | €0.006m | €0.002m | €297 | -€0.002m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.9m | €1.9m | €2.1m | €2.5m | €2.4m | €2.1m | €1.9m | €1.7m | ▼ 10.1% |
| Fixed assets21/28 | €1.6m | €1.5m | €1.5m | €1.7m | €1.5m | €1.0m | €0.9m | €0.04m | ▼ 95.2% |
| Intangible fixed assets21 | €1.6m | €1.5m | €1.5m | €1.3m | €1.2m | €1.0m | €0.8m | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €0.009m | €0.004m | €0.001m | - | - | €0.05m | €0.05m | €0.04m | ▼ 22.5% |
| Plant, machinery and equipment23 | - | - | - | - | - | €0.02m | €0.02m | €0.01m | ▼ 12.3% |
| Furniture and vehicles24 | - | - | - | - | - | €0.03m | €0.04m | €0.03m | ▼ 26.8% |
| Financial fixed assets28 | €30 | - | - | €0.3m | €0.4m | - | - | - | - |
| Affiliated companies280/1 | - | - | - | €0.3m | €0.4m | - | - | - | - |
| Participating interests280 | - | - | - | €0.3m | €0.4m | - | - | - | - |
| Current assets29/58 | €0.4m | €0.4m | €0.6m | €0.8m | €0.9m | €1.1m | €1.0m | €1.6m | ▲ 61.6% |
| Amounts receivable after more than one year29 | - | - | - | €0.03m | €0.3m | €0.6m | €0.5m | €1.2m | ▲ 135% |
| Trade receivables290 | - | - | - | €0.03m | €0.3m | €0.6m | €0.5m | €1.2m | ▲ 135% |
| Stocks and contracts in progress3 | €0.006m | €0.02m | €0.01m | €0.01m | €0.01m | €0.03m | €0.02m | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | €0.01m | €0.01m | €0.03m | €0.02m | - | - |
| Goods purchased for resale34 | - | - | - | €0.01m | €0.01m | - | - | - | - |
| Amounts receivable within one year40/41 | €0.3m | €0.4m | €0.5m | €0.7m | €0.4m | €0.3m | €0.4m | €0.4m | ▲ 7.2% |
| Trade receivables40 | - | - | - | €0.5m | €0.4m | €0.2m | €0.3m | €0.4m | ▲ 19.7% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.04m | €0.05m | €0.04m | €0.006m | ▼ 86.9% |
| Cash at bank and in hand54/58 | €0.01m | €0.02m | €0.03m | €0.07m | €0.09m | €0.2m | €0.1m | €0.05m | ▼ 51.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.005m | €0.001m | €0.005m | €0.006m | €0.006m | ▲ 4.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.9m | €1.9m | €2.1m | €2.5m | €2.4m | €2.1m | €1.9m | €1.7m | ▼ 10.1% |
| Equity10/15 | €0.1m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 7.1% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | €0.08m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 1.8% |
| Investment grants15 | - | - | - | €0.1m | €0.1m | €0.08m | €0.06m | €0.05m | ▼ 20.0% |
| Amounts payable17/49 | €1.8m | €1.7m | €1.8m | €2.2m | €2.1m | €1.9m | €1.7m | €1.5m | ▼ 10.5% |
| Amounts payable after more than one year17 | €0.4m | €1.2m | €1.5m | €1.8m | €1.8m | €1.5m | €1.3m | €1.2m | ▼ 8.2% |
| Financial debts170/4 | - | - | - | €1.8m | €1.8m | €1.5m | €1.3m | €1.2m | ▼ 8.2% |
| Credit institutions173 | - | - | - | €0.5m | €0.4m | - | - | - | - |
| Other loans174 | - | - | - | €1.3m | €1.4m | - | - | - | - |
| Amounts payable within one year42/48 | €1.3m | €0.4m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | ▼ 23.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 33.7% |
| Trade debts44 | €1.1m | €0.3m | €0.09m | €0.07m | €0.07m | €0.1m | €0.06m | €0.03m | ▼ 51.1% |
| Suppliers440/4 | - | - | - | €0.07m | €0.07m | €0.1m | €0.06m | €0.03m | ▼ 51.1% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.09m | €0.07m | €0.09m | €0.1m | ▲ 13.0% |
| Taxes450/3 | - | - | - | €0.03m | €0.02m | €0.02m | €0.02m | €0.03m | ▲ 42.9% |
| Remuneration and social security454/9 | - | - | - | €0.08m | €0.07m | €0.05m | €0.07m | €0.07m | ▲ 3.5% |
| Other amounts payable47/48 | - | - | - | €472 | €472 | €472 | €472 | €0.004m | ▲ 692% |
| Accrued charges and deferred income492/3 | - | - | - | €0.02m | €264 | €0.006m | €121 | €0.02m | ▲ 14,302% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,784 | €16,125 | €7,414 | €6,184 | €6,409 | €1,709 | €297 | -€2,153 | - |
| + Depreciation and write-downs630 | €82,174 | €170,528 | €211,670 | €215,060 | €224,627 | €240,702 | €260,489 | €15,814 | ▼ 93.9% |
| Operating cash flow (approximation) | €86,958 | €186,653 | €219,084 | €221,244 | €231,036 | €242,411 | €260,786 | €13,661 | ▼ 94.8% |
| Investment in fixed assets (approximation) | - | -€120,729 | -€163,352 | -€399,488 | -€52,888 | €241,545 | -€93,202 | €800,611 | - |
| Change in cash | - | €4,312 | €19,103 | €39,364 | €18,636 | €61,545 | -€47,985 | -€55,026 | ▼ 14.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 01-07-2026 | 2026-00250952 |
| 31-12-2024 | full format | 30-06-2025 | 2025-00208989 |
| 31-12-2023 | full format | 08-07-2024 | 2024-00227722 |
| 31-12-2022 | unclassified schema | 28-08-2023 | 2023-00372769 |
| 31-12-2021 | unclassified schema | 30-08-2022 | 2022-20366952 |
| 31-12-2020 | full format | 24-06-2021 | 2021-23800279 |
| 31-12-2019 | full format | 17-06-2020 | 2020-17800349 |
| 31-12-2018 | full format | 25-06-2019 | 2019-22200167 |
| 31-12-2017 | full format | 29-06-2018 | 2018-25400297 |
| 31-12-2016 | full format | 28-06-2017 | 2017-23300542 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.