Mechanical and Turbine Support
ActiveThe computed 12-month bankruptcy probability of Mechanical and Turbine Support is 1.8% (moderate). The 2025 annual accounts show equity of €38k and a net result of €3k. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 80% of 1294 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
86
/ 100
Excellent▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37▼-63
Solvency100▲+17
Growth52=
Stability94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.23 against 1.3 in 2024), and 25.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.6%
Return on assets
5.5%
Age of the figures
9 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 27-07-2026, 4 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
4 d early
2024
2 d early
2023
7 d early
2022
20 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€38k▲ 7.9%
2024 · €35k
2022: €21k
2023: €26k
2024: €35k
2022 → 2025
Total assets
€51k▼ 14.9%
2024 · €60k
2022: €75k
2023: €70k
2024: €60k
2022 → 2025
Net result
€3k▼ 69.8%
2024 · €9k
2022: €16k
2023: €4k
2024: €9k
2022 → 2025
Working capital
€16k▲ 218%
2024 · €5k
2022: €-7k
2023: €1k
2024: €5k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€21k-€26k▲ 20.8%€35k▲ 35.5%€38k▲ 7.9%
Operating result€22k-€7k▼ 67.5%€13k▲ 75.0%€5k▼ 62.6%
Net result€16k-€4k▼ 72.9%€9k▲ 107%€3k▼ 69.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 63% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€22k▼ 42.4%
Current assets
€29k▲ 34.4%
Equity and liabilities €51k
Equity
€38k▲ 7.9%
Debt
€13k▼ 47.5%
The debt ratio falls from 41.1% to 25.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€21k▼
2024 · €29k
Cash flow
€19k▼
2024 · €25k
Solvency
74.6%▲
2024 · 58.9%
Current ratio
2.23▲
2024 · 1.30
Quick ratio
2.23▲
2024 · 1.30
Debt / equity
0.34▼
2024 · 0.70
ROE
7.3%▼
2024 · 26.2%
ROA
5.5%▼
2024 · 15.4%
Interest coverage
46.99▼
2024 · 71.24
Debt
€13k▼
2024 · €25k
Debt ≤ 1 year
€13k▼
2024 · €16k
Debt > 1 year
€0▼
2024 · €8k
Income taxes
€2k▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€60k€51k▼
Fixed assets21/28€38k€22k▼
Tangible fixed assets22/27€38k€22k▼
Plant, machinery and equipment23€571€343▼
Furniture and vehicles24€14k€9k▼
Leasing and similar rights25€18k€8k▼
Other tangible fixed assets26€6k€5k▼
Current assets29/58€21k€29k▲
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€16k€17k▲
Trade receivables40€15k€17k▲
Other amounts receivable41€849€122▼
Current investments50/53€5k€5k=
Cash at bank and in hand54/58€388€6k▲
Deferred charges and accrued income490/1€124€1k▲
Equity and liabilities
Total equity and liabilities10/49€60k€51k▼
Equity10/15€35k€38k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€30k€33k▲
Amounts payable17/49€25k€13k▼
Amounts payable after more than one year17€8k€0▼
Financial debts170/4€8k€0▼
Amounts payable within one year42/48€16k€13k▼
Current portion of amounts payable after more than one year42€6k€2k▼
Financial debts43-€524
Credit institutions430/8-€524
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Advances received on contracts in progress46-€395
Taxes, remuneration and social security45€0€2k▲
Taxes450/3€0€2k▲
Other amounts payable47/48€8k€6k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€30k€22k▼
Operating profit (loss)9901€13k€5k▼
Financial income75/76B€6€71▲
Recurring financial income75€6€71▲
Financial charges65/66B€401€447▲
Recurring financial charges65€401€447▲
Profit (loss) for the period before taxes9903€12k€4k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€9k€3k▼
Profit (loss) for the period to be appropriated9905€9k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€33k▲
Profit (loss) brought forward from the previous period14P€21k€30k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €3k ▼69.8%
Net result drops to €3k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Grobbendonk · 1 establishment unit since 2021
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.
Echelpoel 212288 GrobbendonkGround area
5,699 m²
Building footprint
276 m²
Volume, LiDAR
1,482 m³
2 parcels, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MATS
since 20212.325.421.184
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13005A0195/00W000 | Flanders | 2,947 m² | 1 · 135 m² | 8.4 m · 2 fl. |
| 13005A0195/00S000 | Flanders | 2,752 m² | 1 · 141 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
WAT TECHNICS
BE 0769.317.292
Lasne · Eq €38k
Refactory
BE 0773.399.509
Begijnendijk · Eq €38k
MDB 3D
BE 0728.642.323
Fernelmont · Eq €38k
MARCELLIN JEURISSEN TECHNICAL SERVICES
BE 0804.054.972
Bilzen-Hoeselt · Eq €37k
HM HOME AND INDUSTRIES
BE 0792.730.718
Ronse · Eq €37k
Of 1,221 companies in sector 33200 we hold annual accounts for 675. 453 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-2021
Fiscal year end31-12
Abbreviation NL
MATS
Activities, NACEBEL
33200Installation of industrial machinery and equipment
25110Manufacture of metal structures and parts of structures
33120Repair and maintenance of machinery
43211General electrical installation work
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:vanhoofmathias@gmail.com
Phone:+32 495 38 79 15