NM-Tech
ActiveSummary
The computed 12-month bankruptcy probability of NM-Tech is 1.6% (moderate). The 2026 annual accounts show equity of €10,227 and a net result of -€5,223. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 25% of 57 sector peers (NACE 33, financial year 2026). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 23-11-2019 Normal situation
- Activity
- Repair, maintenance and installation of machinery and equipment NACE 33160and 2 others
- Establishment unit
- 2.296.910.708 1490 Court-Saint-Etienne, since 23-11-2019
- Financial year end
- 31 March
- Peppol
- Reachable since 30-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.6%
Annual accounts to 31-03-2026
- Gross margin
- €39,057
- ▼ 29.6%
- Turnover
- ≈ €160,000
- estimated
- Loss
- €5,223
- ▲ 94.5%
- Equity
- €10,227
- ▼ 33.8%
- Total assets
- €43,892
- ▼ 35.7%
- Staff
- 1.1 FTE
- ▼ 21.4%
Score breakdownraises riskSector: Repair, maintenance and installation of machinery and equipment (NACE 33)Loss of €5,223, the second in a row (financial year 2026)Founded in 2019Equity €10,227 (23.3% of total assets)Show the evidence
Checked score
Score 2026
61
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 19% of micro companies in repair and installation of machinery (NACE 33)
Financial strength · tick: 2025
Weak
Solvency
48=
equity 23.3% of total assets
Liquidity
37+10
short-term debt 50.3% · cash 9.5%
Profitability
19-45
return on assets -11.9%
Bankruptcy probability within 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 1.5%● unchanged vs 12-2024
02-2025: 1.5%● unchanged vs 01-2025
03-2025: 1.4%▼ -0.1 percentage points vs 02-2025
04-2025: 1.4%● unchanged vs 03-2025lowest value
05-2025: 1.4%● unchanged vs 04-2025lowest value
06-2025: 1.5%▲ +0.1 percentage points vs 05-2025
07-2025: 1.7%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 1.7%● unchanged vs 07-2025highest value
09-2025: 1.7%● unchanged vs 08-2025highest value
10-2025: 1.7%● unchanged vs 09-2025highest value
11-2025: 1.6%▼ -0.1 percentage points vs 10-2025
12-2025: 1.6%● unchanged vs 11-2025
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.5%▼ -0.1 percentage points vs 01-2026
03-2026: 1.5%● unchanged vs 02-2026
04-2026: 1.5%● unchanged vs 03-2026
05-2026: 1.5%● unchanged vs 04-2026
06-2026: 1.5%● unchanged vs 05-2026
07-2026: 1.6%▲ +0.1 percentage points vs 06-2026
08-2026: 1.6%● unchanged vs 07-2026
09-2026: 1.6%● unchanged vs 08-2026
10-2026: 1.6%● unchanged vs 09-2026
11-2026: 1.6%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.21 (1.26 in 2025), below the usual 1.5. Short-term debt is 50.3% and cash 9.5% of total assets. 76.7% of the assets are financed with debt and provisions.
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 33, micro). It does better than 26% of them on solvency, 25% on liquidity, 13% on profitability and 13% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
raises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026Net result per financial year
212223242526
2021 to 2026 · latest year -€5,223
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 57 sector peers (2026).
NBB · sector comparisonPosition among 57 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 09-06-2026, 144 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2026
144 days early
2025
136 days early
2024
111 days early
2023
139 days early
2022
125 days early
2021
69 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 121 days before the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 17 June (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
04-11-2026 today31-03-2027 year end31-10-2027 deadline
Financials
Financials · financial year 2026, micro format
Annual accounts 2026 filed on 09-06-2026 PDF all 6 filings
Turnover
≈ €160,000
Estimated: probably between €94,000 and €280,000
Total assets
€43,892▼ 35.7%
2025 · €68,272
Net result
-€5,223▼ 94.5%
2025 · -€2,685
Working capital
€4,592▼ 48.2%
2025 · €8,871
Multi-year overview
2021 to 2026, 6 financial yearsOperating result
-€968
2026
20212026
Net result
-€5,223
▼ 94.5%
2026
20212026
Equity
€10,227
▼ 33.8%
2026
20212026
Total assets
€43,892
▼ 35.7%
2026
20212026
Debt
€33,665
▼ 36.3%
2026
20212026
Working capital
€4,592
▼ 48.2%
2026
20212026
Solvency
23.3%
▲ 0.7pp
2026
20212026
Current ratio
1.21
▼ 0.06
2026
20212026
Return on assets (ROA)
-11.9%
▼ 8.0pp
2026
20212026
Staff (FTE)
1.1
▼ 21.4%
2026
20212026
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202120222023202420252026
Operating result-€5,477--€2,973▲ 45.7%€6,523€16,897▲ 159%€2,193▼ 87.0%-€968
Net result-€5,608below the sector's middle half--€3,181below the sector's middle half▲ 43.3%€5,243within the sector's middle half€11,680within the sector's middle half▲ 123%-€2,685below the sector's middle half-€5,223▼ 94.5%
Equity€4,392below the sector's middle half-€1,211below the sector's middle half▼ 72.4%€6,454below the sector's middle half▲ 433%€18,135below the sector's middle half▲ 181%€15,449below the sector's middle half▼ 14.8%€10,227▼ 33.8%
Total assets€8,734below the sector's middle half-€11,041below the sector's middle half▲ 26.4%€22,640below the sector's middle half▲ 105%€44,916below the sector's middle half▲ 98.4%€68,272within the sector's middle half▲ 52.0%€43,892▼ 35.7%
Debt€4,342-€9,829▲ 126%€16,185▲ 64.7%€26,782▲ 65.5%€52,822▲ 97.2%€33,665▼ 36.3%
Working capital€79below the sector's middle half--€4,257below the sector's middle half€74below the sector's middle half€7,769within the sector's middle half▲ 106×€8,871within the sector's middle half▲ 14.2%€4,592▼ 48.2%
Solvency50.3%within the sector's middle half-11.0%below the sector's middle half▼ 39.3pp28.5%within the sector's middle half▲ 17.5pp40.4%within the sector's middle half▲ 11.9pp22.6%below the sector's middle half▼ 17.7pp23.3%▲ 0.7pp
Current ratio1.05below the sector's middle half-0.52below the sector's middle half▼ 0.531.00below the sector's middle half▲ 0.491.31within the sector's middle half▲ 0.311.26within the sector's middle half▼ 0.051.21▼ 0.06
Return on assets (ROA)-64.2%below the sector's middle half--28.8%below the sector's middle half▲ 35.4pp23.2%within the sector's middle half▲ 52.0pp26.0%above the sector's middle half▲ 2.8pp-3.9%below the sector's middle half▼ 29.9pp-11.9%▼ 8.0pp
Staff (FTE)11.4▲ 40.0%1.1▼ 21.4%
above
within
below
The sector band is the middle half of the companies in Repair, maintenance and installation of machinery and equipment (NACE 33). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2026 is a loss of €968, after a profit of €2,193 in 2025.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €43,892
Fixed assets
€17,235 ▼ 33.2%
Current assets
€26,657 ▼ 37.3%
Equity and liabilities €43,892
Equity
€10,227 ▼ 33.8%
Debt
€33,665 ▼ 36.3%
Debt's share of the balance-sheet total falls from 77.4% to 76.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7,581▼
2025 · €11,090
Cash flow
€3,326▼
2025 · €6,212
Quick ratio
0.27▼
2025 · 0.64
Debt to equity
3.29▼
2025 · 3.42
ROE
-51.1%▼
2025 · -17.4%
Interest coverage
1.79▼
2025 · 6.40
Debt ≤ 1 year
€22,064▼
2025 · €33,617
Debt > 1 year
€11,601▼
2025 · €18,306
Income taxes
€142▲
2025 · €141
Staff costs
€30,523▼
2025 · €43,252
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|
| Employees at the balance-sheet date | 1 | 2 | - |
| full-time | 1 | - | - |
| part-time | - | 2 | - |
| in full-time equivalents | 1 | 0.9 | - |
| Average over the year, in full-time equivalents | 1 | 0.9 | 0.5 |
| Joined | - | - | 0 |
| Left | - | - | 2 |
Source: social balance sheet in the 2024 to 2026 annual accounts
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €2,906 | €9,935 | €22,230 | - |
| Financial fixed assets | €1,260 | - | €205 | - | - |
| Depreciation and write-downs of the year | €1,789 | €1,989 | €3,810 | €8,897 | €8,549 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €6,841 | €43,252 | €30,523 | ▼ 29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,264 | €1,789 | €1,989 | €3,810 | €8,897 | €8,549 | ▼ 3.9% |
| Other operating charges640/8 | - | €199 | €422 | €849 | €1,156 | €953 | ▼ 17.5% |
| Gross operating margin9900 | -€3,626 | -€986 | €8,934 | €28,397 | €55,498 | €39,057 | ▼ 29.6% |
| Operating profit (loss)9901 | -€5,477 | -€2,973 | €6,523 | €16,897 | €2,193 | -€968 | - |
| Financial income75/76B | - | €45 | €43 | €82 | €326 | €112 | ▼ 65.7% |
| Recurring financial income75 | €1 | €45 | €43 | €82 | €326 | €112 | ▼ 65.7% |
| Financial charges65/66B | - | €252 | €403 | €1,296 | €5,064 | €4,225 | ▼ 16.6% |
| Recurring financial charges65 | €132 | €252 | €403 | €1,296 | €1,733 | €4,225 | ▲ 144% |
| Non-recurring financial charges66B | - | - | - | - | €3,331 | - | - |
| Profit (loss) for the period before taxes9903 | -€5,608 | -€3,181 | €6,162 | €15,683 | -€2,545 | -€5,081 | ▼ 99.7% |
| Income taxes67/77 | - | - | €919 | €4,003 | €141 | €142 | ▲ 0.8% |
| Profit (loss) for the period9904 | -€5,608 | -€3,181 | €5,243 | €11,680 | -€2,685 | -€5,223 | ▼ 94.5% |
| Profit (loss) for the period to be appropriated9905 | -€5,608 | -€3,181 | €5,243 | €11,680 | -€2,685 | -€5,223 | ▼ 94.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €8,734 | €11,041 | €22,640 | €44,916 | €68,272 | €43,892 | ▼ 35.7% |
| Fixed assets21/28 | €6,993 | €6,464 | €7,381 | €12,451 | €25,784 | €17,235 | ▼ 33.2% |
| Tangible fixed assets22/27 | €6,993 | €5,204 | €6,121 | €12,246 | €25,579 | €17,030 | ▼ 33.4% |
| Plant, machinery and equipment23 | - | - | €2,868 | €4,861 | €3,462 | €2,062 | ▼ 40.4% |
| Furniture and vehicles24 | - | €5,204 | €3,253 | €6,036 | €20,915 | €13,911 | ▼ 33.5% |
| Other tangible fixed assets26 | - | - | - | €1,349 | €1,203 | €1,057 | ▼ 12.2% |
| Financial fixed assets28 | - | €1,260 | €1,260 | €205 | €205 | €205 | = |
| Current assets29/58 | €1,741 | €4,576 | €15,259 | €32,465 | €42,488 | €26,657 | ▼ 37.3% |
| Stocks and contracts in progress3 | - | €1,676 | €11,571 | €16,727 | €20,959 | €20,764 | ▼ 0.9% |
| Stocks30/36 | - | €1,676 | €11,571 | €16,727 | €20,959 | €20,764 | ▼ 0.9% |
| Amounts receivable within one year40/41 | €1,034 | €2,765 | €1,483 | €12,323 | €8,399 | €1,719 | ▼ 79.5% |
| Trade receivables40 | - | €2,473 | €1,483 | €12,323 | €6,434 | €1,719 | ▼ 73.3% |
| Other amounts receivable41 | - | €293 | - | - | €1,965 | - | - |
| Cash at bank and in hand54/58 | €386 | €77 | €1,173 | €1,760 | €787 | €4,174 | ▲ 431% |
| Deferred charges and accrued income490/1 | - | €58 | €1,032 | €1,655 | €12,344 | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €8,734 | €11,041 | €22,640 | €44,916 | €68,272 | €43,892 | ▼ 35.7% |
| Equity10/15 | €4,392 | €1,211 | €6,454 | €18,135 | €15,449 | €10,227 | ▼ 33.8% |
| Contributions10/11 | - | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€5,608 | -€8,789 | -€3,546 | €8,135 | €5,449 | €227 | ▼ 95.8% |
| Amounts payable17/49 | €4,342 | €9,829 | €16,185 | €26,782 | €52,822 | €33,665 | ▼ 36.3% |
| Amounts payable after more than one year17 | €2,680 | €997 | €1,000 | €2,086 | €18,306 | €11,601 | ▼ 36.6% |
| Financial debts170/4 | - | €997 | €1,000 | €2,086 | €18,306 | €11,601 | ▼ 36.6% |
| Amounts payable within one year42/48 | €1,662 | €8,833 | €15,185 | €24,696 | €33,617 | €22,064 | ▼ 34.4% |
| Current portion of amounts payable after more than one year42 | - | €1,684 | €997 | €2,935 | €8,159 | €6,705 | ▼ 17.8% |
| Financial debts43 | - | - | - | €1 | - | - | - |
| Credit institutions430/8 | - | - | - | €1 | - | - | - |
| Trade debts44 | €155 | €2,083 | €5,823 | €12,115 | €22,951 | €13,358 | ▼ 41.8% |
| Suppliers440/4 | - | €2,083 | €5,823 | €12,115 | €22,951 | €13,358 | ▼ 41.8% |
| Taxes, remuneration and social security45 | - | - | €1,775 | €6,306 | €2,507 | €219 | ▼ 91.2% |
| Taxes450/3 | - | - | €1,775 | €5,302 | €239 | €219 | ▼ 8.1% |
| Remuneration and social security454/9 | - | - | - | €1,005 | €2,268 | - | - |
| Other amounts payable47/48 | - | €5,066 | €6,590 | €3,339 | - | €1,782 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €900 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,608 | -€3,181 | €5,243 | €11,680 | -€2,685 | -€5,223 | ▼ 94.5% |
| + Depreciation and write-downs630 | €1,264 | €1,789 | €1,989 | €3,810 | €8,897 | €8,549 | ▼ 3.9% |
| Operating cash flow (approximation) | -€4,344 | -€1,392 | €7,232 | €15,490 | €6,212 | €3,326 | ▼ 46.4% |
| Investment in fixed assets (approximation) | - | -€1,260 | -€2,906 | -€8,880 | -€22,230 | €0 | - |
| Change in cash | - | -€309 | €1,096 | €587 | -€973 | €3,388 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,133 companies had the same profile as NM-Tech has now. Two years later, 86.4% were still going and 6.4% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
86.4%
was still going
6.6%
stopped otherwise
6.4%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of NM-Tech itself: 1.6% within 12 months.
Test of the method
The method was tested on the 497,446 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 1,133 companies, not a prediction for NM-Tech. 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.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 09-06-2026 | 2026-00146043 | |
| 31-03-2025 | micro format | 17-06-2025 | 2025-00144298 | |
| 31-03-2024 | micro format | 12-07-2024 | 2024-00238237 | |
| 31-03-2023 | micro format | 14-06-2023 | 2023-00124523 | |
| 31-03-2022 | micro format | 28-06-2022 | 2022-20098795 | |
| 30-04-2021 | micro format | 22-09-2021 | 2021-67900460 |
Board & ownership
Directors
Directors
1 director
Meyers Nicolas
Current
Director · listed in the 2026 annual accounts, filed on 09-06-2026
Owners and capital
Owners
Network & group
NM-Tech shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of NM-Tech. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2027 accounts:
2026
09-06
micro format · 144 days before the deadline
2025
17-06
micro format · 136 days before the deadline
2024
12-07
micro format · 111 days before the deadline
31-03
Financial
Highest result from 2021 to 2026net €11,680 ▲123%
The operating result of €16,897 and the net result of €11,680 are both a record.
2023
14-06
micro format · 139 days before the deadline
31-03
Financial
Back to profitnet €5,243
The net result is €5,243, after 2 loss-making years.
2022
28-06
micro format · 125 days before the deadline
2021
22-09
micro format · 69 days before the deadline
2019
27-11
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
NM-Tech in French
Enterprise number
0737.989.262
Legal form
Private limited company
Status
Active, normale toestand
Founded
23-11-2019
Entity type
Legal entity
Registered office and establishments
Registered office
Avenue des Combattants 38, 1490 Court-Saint-Etienne, Belgium
Establishment unit
NM-Tech, Rue François 5/0008, 1490 Court-Saint-Etienne since 23-11-2019 · unit number 2.296.910.708
E-mail
info@nmtech.be
Phone
+32475233169
Activities
NACEBEL 2025VAT activities
33160
Repair, maintenance and installation of machinery and equipment main activity
70200
Business and other management consultancy
Social security (RSZ) activities
95290
Repair and maintenance of other personal and household goods main activity
Codes under NACEBEL 2008
VAT activities
33160
Repair, maintenance and installation of machinery and equipment main activity
70220
Business consulting
Social security (RSZ) activities
95290
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles main activity
Invoicing and payment
VAT number
BE 0737.989.262
Financial year and general meeting
Accounts at the NBBFinancial year end
31-03
Sites & property
Location
Buildings and parcels at the addresses
Ground area
361 m²
Building footprint
125 m²
Building volume
837 m³
Tallest building: 10.4 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25023H0013/00G003 | Wallonia | 299 m² | 1 · 52 m² | 10.4 m · 3 |
| 25023H0300/00B007 | Wallonia | 62 m² | 1 · 73 m² | 6.9 m · 2 |