Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2022 and 2023.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2023; threshold 65 %.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
MT GROUP from Liège, company number BE0861297048, closed financial year 2023 with a result of € -25,560 after tax. For that financial year MT GROUP recorded a gross margin of € 164,956 and equity of € -142,015. Compared with financial year 2022, the result moved from € -42,464 to € -25,560. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 11, 2024.
€ -142,015
▼ € 25,560 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,560
▲ 40 % less loss than in 2022
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -160,615.
Debts at end 2023
€ 559,992
▲ 2% vs 2022
Loans from banks and other lenders, long and short.
€ 2,279
▲ € 1,808 vs 2022
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € -700 | € -1,591 | € 164,956 | ▲ € 166,547 |
| Profit after taxes | € -11,789 | € -42,464 | € -25,560 | ▲ € 16,904 |
| Equity | € -73,992 | € -116,456 | € -142,015 | ▼ € 25,560 |
| Total debts | € 556,100 | € 724,630 | € 586,091 | ▼ 19% |
| Cash | € 16,203 | € 472 | - | |
| Retained profit | € -92,592 | € -135,056 | € -160,615 | ▼ € 25,560 |
| Bank debt | € 550,000 | € 550,000 | € 559,992 | ▲ 2% |
| Balance sheet total | € 482,108 | € 608,174 | € 444,075 | ▼ 27% |
Key figures of MT GROUP, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to MT GROUP?
What happened at MT GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MT GROUP is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 25,560. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Liège. KBO
In short
From € 11,789 loss in 2021 to € 25,560 loss in 2023.
Management
Behind MT GROUP is MATHYWEL SA. MATHYWEL SA is also behind DECAP'BOIS, MT DECO and MT BUILDING.
Directors
According to the 2023 annual accounts
Manager · represented by Olivier MACHIELS
Also active at: DECAP'BOIS, MT DECO, MT BUILDING
Establishments
Establishment units
Physical locations of this company
Rue Ferdinand-Hénaux 11
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0861.297.048
- VAT number
- BE 0861.297.048
- Registered office
- Rue Ferdinand-Hénaux 11, 4000 Liège
- Names & denominations
- MT GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 23 October 2003
- Peppol
- Not registered