TEAM MPT
ActiveSummary
The computed 12-month bankruptcy probability of TEAM MPT is 4.2% (elevated). The 2024 annual accounts show equity of €213k and a net result of €-56k. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 90% of 9982 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-76
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days only on tighter terms
Liquidity ample (current ratio 5.67 against 4.76 in 2023; short-term debt: 16.6% and cash: 34.5% of total assets), and 16.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
83.4%
Return on assets
-21.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
59 d late
2023
24 d late
2022
23 d late
2021
31 d late
2020
30 d early
2019
2 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€213k▼ 20.8%
2023 · €269k
2019: €35k
2020: €137k
2021: €179k
2022: €250k
2023: €269k
2019 → 2024
Total assets
€256k▼ 24.6%
2023 · €340k
2019: €118k
2020: €213k
2021: €287k
2022: €295k
2023: €340k
2019 → 2024
Net result
€-56k
2023 · €19k
2019: €88k
2020: €102k
2021: €42k
2022: €71k
2023: €19k
2019 → 2024
Working capital
€199k▼ 20.2%
2023 · €249k
2019: €21k
2020: €106k
2021: €152k
2022: €218k
2023: €249k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€137k-€179k▲ 30.8%€250k▲ 39.8%€269k▲ 7.6%€213k▼ 20.8%
Operating result€140k-€61k▼ 56.5%€103k▲ 68.2%€30k▼ 70.6%€-53k
Net result€102k-€42k▼ 58.6%€71k▲ 69.1%€19k▼ 73.4%€-56k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €53k after €30k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €256k
Fixed assets
€14k ▼ 40.0%
Current assets
€242k ▼ 23.5%
Equity and liabilities €256k
Equity
€213k ▼ 20.8%
Debt
€43k ▼ 39.4%
Debt's share of the balance-sheet total falls from 20.7% to 16.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-41k▼
2023 · €44k
Cash flow
€-43k▼
2023 · €33k
Current ratio
5.67▲
2023 · 4.76
Debt to equity
0.20▼
2023 · 0.26
ROE
-26.3%▼
2023 · 7.0%
ROA
-21.9%▼
2023 · 5.6%
Interest coverage
-13.62▼
2023 · 10.26
Debt ≤ 1 year
€43k▼
2023 · €66k
Debt > 1 year
€0▼
2023 · €4k
Income taxes
€0▼
2023 · €7k
Staff costs
€75k▼
2023 · €89k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€340k€256k▼
Fixed assets21/28€24k€14k▼
Tangible fixed assets22/27€23k€14k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€9k€5k▼
Leasing and similar rights25€9k€4k▼
Financial fixed assets28€645€645=
Current assets29/58€316k€242k▼
Amounts receivable within one year40/41€131k€135k▲
Trade receivables40€110k€118k▲
Other amounts receivable41€21k€17k▼
Cash at bank and in hand54/58€180k€88k▼
Deferred charges and accrued income490/1€5k€18k▲
Equity and liabilities
Total equity and liabilities10/49€340k€256k▼
Equity10/15€269k€213k▼
Contributions10/11€6k€6k=
Reserves13€263k€263k=
Distributable reserves133€263k€263k=
Profit (loss) carried forward14-€-56k
Amounts payable17/49€70k€43k▼
Amounts payable after more than one year17€4k€0▼
Financial debts170/4€4k€0▼
Amounts payable within one year42/48€66k€43k▼
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€43k€33k▼
Suppliers440/4€43k€33k▼
Taxes, remuneration and social security45€19k€6k▼
Taxes450/3€12k€32▼
Remuneration and social security454/9€8k€6k▼
Income statement
Code20232024
Remuneration, social security and pensions62€89k€75k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k▼
Other operating charges640/8€384€387▲
Gross operating margin9900€133k€34k▼
Operating profit (loss)9901€30k€-53k▼
Financial income75/76B€236€275▲
Recurring financial income75€236€275▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€26k€-56k▼
Income taxes67/77€7k€0▼
Profit (loss) for the period9904€19k€-56k▼
Profit (loss) for the period to be appropriated9905€19k€-56k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€-56k▼
Transfer to equity691/2€19k€0▼
To other reserves6921€19k€0▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
2024
31-12
Financial
Weakest financial yearnet €-56k ▼396%
Net result drops to €-56k, the lowest in the series.
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 6.92
Current ratio from 2.59 to 6.92; short-term debt falls from €96k to €37k.
31-12
Financial
Equity above €200kEq €250k ▲39.8%
4 profitable years in a row build equity to €250k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €150kEq €179k ▲30.8%
3 profitable years in a row build equity to €179k.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €102k ▲15.8%
Operating result €140k, net result €102k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.84
Current ratio from 1.29 to 2.84; short-term debt falls from €72k to €58k.
31-12
Financial
Equity above €100kEq €137k ▲290%
2 profitable years in a row build equity to €137k.
02-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Ukkel · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Alsembergsesteenweg 8421180 UkkelGround area
1,616 m²
Building footprint
1,089 m²
Volume, LiDAR
6,528 m³
Parcel 21614E0126/00A002, Brussels · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TEAM MPT
since 20192.286.771.436
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0126/00A002 | Brussels | 1,616 m² | 1 · 1,089 m² | 12.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Bouwwerken Delbeke
BE 0843.625.628
Wielsbeke · Eq €213,361
BATIWILLY
BE 0806.824.818
Bernissart · Eq €213,396
WOOD SHAPERS
BE 0736.870.396
Oudergem · Eq €213,132
LJ CONSTRUCT
BE 1006.801.305
Anderlues · Eq €213,462
MULTI- BATI SOLUTION
BE 0842.764.308
Brussel · Eq €213,077
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 11,933 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43310Plastering work
43320Joinery installation
43331Floor and wall tiling
43343Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.