MYTEK
ActiveSummary
MYTEK has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €24,658 and a net result of €152,810. Equity is shrinking by ~14.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency39▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity short (current ratio 0.85 against 1.12 in 2023; short-term debt: 86.3% and cash: 52.2% of total assets), and 86.3% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
13.7%
Return on assets
85.1%
Age of the figures
21 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
31 d early
2024
31 d early
2023
23 d early
2022
11 d early
2021
15 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
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. Usually files around 9 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€24,658▲ 12.9%
2023 · €21,849
Total assets
€179,627▲ 0.8%
2023 · €178,196
Net result
€152,810▲ 8.5%
2023 · €140,846
Working capital
-€23,302
2023 · €18,255
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€57,338▲ 4.2%€54,933▼ 4.2%€126,024▲ 129%€183,378▲ 45.5%€199,079▲ 8.6%
Net result€44,688above the sector's middle half▲ 5.3%€43,039within the sector's middle half▼ 3.7%€97,788above the sector's middle half▲ 127%€140,846above the sector's middle half▲ 44.0%€152,810above the sector's middle half▲ 8.5%
Equity€132,176within the sector's middle half▲ 49.7%€25,215below the sector's middle half▼ 80.9%€23,003below the sector's middle half▼ 8.8%€21,849below the sector's middle half▼ 5.0%€24,658below the sector's middle half▲ 12.9%
Total assets€136,661within the sector's middle half▲ 51.2%€176,302within the sector's middle half▲ 29.0%€125,994within the sector's middle half▼ 28.5%€178,196within the sector's middle half▲ 41.4%€179,627within the sector's middle half▲ 0.8%
Debt€4,485▲ 116%€151,087▲ 3,269%€102,991▼ 31.8%€156,348▲ 51.8%€154,969▼ 0.9%
Working capital€130,774above the sector's middle half▲ 50.2%€23,545within the sector's middle half▼ 82.0%€19,109within the sector's middle half▼ 18.8%€18,255within the sector's middle half▼ 4.5%-€23,302below the sector's middle half
Solvency96.7%above the sector's middle half▼ 1.0pp14.3%below the sector's middle half▼ 82.4pp18.3%below the sector's middle half▲ 4.0pp12.3%below the sector's middle half▼ 6.0pp13.7%below the sector's middle half▲ 1.5pp
Current ratio30.16above the sector's middle half▼ 12.861.16below the sector's middle half▼ 29.001.19below the sector's middle half▲ 0.031.12below the sector's middle half▼ 0.070.85below the sector's middle half▼ 0.27
Return on assets (ROA)32.7%above the sector's middle half▼ 14.3pp24.4%within the sector's middle half▼ 8.3pp77.6%above the sector's middle half▲ 53.2pp79.0%above the sector's middle half▲ 1.4pp85.1%above the sector's middle half▲ 6.0pp
Staff (FTE)1.23▲ 150%2.5▼ 16.7%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 9% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €179,627
Fixed assets
€47,960 ▲ 1,234%
Current assets
€131,667 ▼ 24.6%
Equity and liabilities €179,627
Equity
€24,658 ▲ 12.9%
Debt
€154,969 ▼ 0.9%
Debt's share of the balance-sheet total falls from 87.7% to 86.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€202,753▲
2023 · €185,465
Cash flow
€156,484▲
2023 · €142,933
Debt to equity
6.28▼
2023 · 7.16
ROE
619.7%▼
2023 · 644.6%
Interest coverage
1627.89▼
2023 · 1747.04
Debt ≤ 1 year
€154,969▼
2023 · €156,348
Income taxes
€46,152▲
2023 · €42,435
Staff costs
€179,838▼
2023 · €205,424
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 6,713 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €80,709 | €205,424 | €179,838 | ▼ 12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €474 | €768 | €1,290 | €2,088 | €3,674 | ▲ 76.0% |
| Other operating charges640/8 | - | - | - | - | €44 | - |
| Gross operating margin9900 | €57,812 | €55,702 | €208,023 | €390,890 | €382,635 | ▼ 2.1% |
| Operating profit (loss)9901 | €57,338 | €54,933 | €126,024 | €183,378 | €199,079 | ▲ 8.6% |
| Financial income75/76B | - | - | - | €9 | €7 | ▼ 24.2% |
| Recurring financial income75 | - | - | - | €9 | €7 | ▼ 24.2% |
| Financial charges65/66B | - | €111 | €108 | €106 | €125 | ▲ 17.3% |
| Recurring financial charges65 | €894 | €111 | €108 | €106 | €125 | ▲ 17.3% |
| Profit (loss) for the period before taxes9903 | €56,443 | €54,823 | €125,916 | €183,281 | €198,961 | ▲ 8.6% |
| Income taxes67/77 | €11,755 | €11,783 | €28,128 | €42,435 | €46,152 | ▲ 8.8% |
| Profit (loss) for the period9904 | €44,688 | €43,039 | €97,788 | €140,846 | €152,810 | ▲ 8.5% |
| Profit (loss) for the period to be appropriated9905 | €44,688 | €43,039 | €97,788 | €140,846 | €152,810 | ▲ 8.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €136,661 | €176,302 | €125,994 | €178,196 | €179,627 | ▲ 0.8% |
| Fixed assets21/28 | €1,402 | €1,671 | €3,894 | €3,594 | €47,960 | ▲ 1,234% |
| Tangible fixed assets22/27 | €1,310 | €1,449 | €3,673 | €3,372 | €47,789 | ▲ 1,317% |
| Plant, machinery and equipment23 | - | €357 | €389 | €490 | €679 | ▲ 38.4% |
| Furniture and vehicles24 | - | €1,092 | €3,283 | €2,882 | €47,110 | ▲ 1,535% |
| Financial fixed assets28 | €92 | €222 | €222 | €222 | €172 | ▼ 22.6% |
| Current assets29/58 | €135,259 | €174,632 | €122,100 | €174,602 | €131,667 | ▼ 24.6% |
| Amounts receivable within one year40/41 | €25,793 | €29,016 | €28,098 | €34,915 | €36,814 | ▲ 5.4% |
| Trade receivables40 | - | €27,499 | €25,004 | €30,350 | €36,188 | ▲ 19.2% |
| Other amounts receivable41 | - | €1,516 | €3,094 | €4,565 | €626 | ▼ 86.3% |
| Cash at bank and in hand54/58 | €109,028 | €145,616 | €93,721 | €139,376 | €93,747 | ▼ 32.7% |
| Deferred charges and accrued income490/1 | - | - | €281 | €311 | €1,106 | ▲ 255% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €136,661 | €176,302 | €125,994 | €178,196 | €179,627 | ▲ 0.8% |
| Equity10/15 | €132,176 | €25,215 | €23,003 | €21,849 | €24,658 | ▲ 12.9% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €1,860 | - | - |
| Profit (loss) carried forward14 | €111,716 | €4,755 | €2,543 | €1,389 | €6,058 | ▲ 336% |
| Amounts payable17/49 | €4,485 | €151,087 | €102,991 | €156,348 | €154,969 | ▼ 0.9% |
| Amounts payable within one year42/48 | €4,485 | €151,087 | €102,991 | €156,348 | €154,969 | ▼ 0.9% |
| Financial debts43 | - | €154 | - | - | - | - |
| Credit institutions430/8 | - | €154 | - | - | - | - |
| Trade debts44 | €633 | €756 | €2,186 | €7,200 | €422 | ▼ 94.1% |
| Suppliers440/4 | - | €756 | €2,186 | €7,200 | €422 | ▼ 94.1% |
| Taxes, remuneration and social security45 | - | - | €628 | €7,148 | €4,457 | ▼ 37.6% |
| Taxes450/3 | - | - | €628 | €6,275 | €4,457 | ▼ 29.0% |
| Remuneration and social security454/9 | - | - | - | €873 | - | - |
| Other amounts payable47/48 | - | €150,177 | €100,177 | €142,000 | €150,090 | ▲ 5.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,688 | €43,039 | €97,788 | €140,846 | €152,810 | ▲ 8.5% |
| + Depreciation and write-downs630 | €474 | €768 | €1,290 | €2,088 | €3,674 | ▲ 76.0% |
| Operating cash flow (approximation) | €45,162 | €43,808 | €99,078 | €142,933 | €156,484 | ▲ 9.5% |
| Investment in fixed assets (approximation) | - | -€1,037 | -€3,514 | -€1,787 | -€48,041 | ▼ 2,588% |
| Change in cash | - | €36,588 | -€51,895 | €45,655 | -€45,629 | ▼ 200% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €152,810 ▲8.5%
Operating result €199,079, net result €152,810, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €100,000Eq €132,176 ▲49.7%
3 profitable years in a row build equity to €132,176.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Liquidity times 6current ratio 43.02
Current ratio from 6.62 to 43.02; short-term debt falls from €8,059 to €2,072.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days 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, Evere · 1 establishment unit since 2017
Ground area
153 m²
Building footprint
64 m²
Volume, LiDAR
511 m³
Parcel 21372D0236/00F002, Brussels · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MYTEK
since 20172.270.300.440
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372D0236/00F002 | Brussels | 153 m² | 1 · 64 m² | 9.5 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.
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Of 16,913 companies in sector 62100 we hold annual accounts for 8,786. 6,123 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
Founded23-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0684962134
Also
9925:BE0684962134
Registered
30-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.