What does M.T.T.T. GRILLO do?

M.T.T.T. GRILLO is a metalworking company in Seraing. Public Limited, started on 8 June 1978, 1 establishment.

What is the address of M.T.T.T. GRILLO?

The registered office of M.T.T.T. GRILLO is located at Rue de la Vieille Espérance 24, 4100 Seraing.

Is M.T.T.T. GRILLO still active?

Yes. According to the CBE (30 October 2026) M.T.T.T. GRILLO is active, legal situation “Normale toestand”, started on 8 June 1978.

Is M.T.T.T. GRILLO registered on Peppol?

Yes, M.T.T.T. GRILLO is registered on the Peppol network with ID 0208:0418520356.

What is the enterprise number of M.T.T.T. GRILLO?

The enterprise number of M.T.T.T. GRILLO is BE0418520356.

When was M.T.T.T. GRILLO founded?

M.T.T.T. GRILLO was founded on 8 June 1978.

Who are the directors of M.T.T.T. GRILLO?

According to the 2025 annual accounts, the directors of M.T.T.T. GRILLO are: BAL ENGENEERING SRL, Bruno Goossens.

Is M.T.T.T. GRILLO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 June 1978; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did M.T.T.T. GRILLO make in 2025?

M.T.T.T. GRILLO posted a profit after taxes of € 72,328 in financial year 2025.

What is the revenue of M.T.T.T. GRILLO?

In its most recent annual accounts (2025), M.T.T.T. GRILLO reported revenue of € 5,064,992.

How much does an employee at M.T.T.T. GRILLO earn?

The average wage cost per full-time employee at M.T.T.T. GRILLO was € 50,600 in 2025: staff costs of € 2.4 million for 48.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does M.T.T.T. GRILLO have?

According to the 2025 annual accounts, M.T.T.T. GRILLO has 48.4 full-time equivalents (FTE).

M.T.T.T. GRILLO (Public Limited) - Seraing - BE0418520356

Dossier M.T.T.T. GRILLO, printed on 30 October 2026 from databakkes.be/en/0418520356/m-t-t-t-grillo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 62.1 to 48.4.
Board fully replaced NBB

No director from three years ago is still active according to annual account 2025.

Financials

Financial year 2025

M.T.T.T. GRILLO from Seraing, company number BE0418520356, closed financial year 2025 with a result of € 72,328 after tax. For that financial year M.T.T.T. GRILLO recorded revenue of € 5.1 million and equity of € 918,594. Compared with financial year 2024, the result moved from € -273,352 to € 72,328. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.

What it is worth Growing

€ 918,594

▲ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 72,328

▲ still € 273,352 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 231,518

▼ 46% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 251,357.

People and assets in 2025

Full-time equivalents

48.4

▼ 6.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 1.1 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.4 million

▼ 6% vs 2024

€ 50,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 215,721

▲ € 192,654 vs 2024

Of which on lease € 201,018.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 258,697

▲ 98% vs 2024

€ 117,305 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 665,455

▲ 40% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 95 days on average.

Taxes and wages

€ 318,977

▲ 2% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 5,966,966 Revenue 2022: € 5,966,966 First fiscal year in the series	€ 5,564,711 Revenue 2023: € 5,564,711 ▼ 7% vs 2022 (€ 5,966,966) Unfavourable step	€ 4,369,533 Revenue 2024: € 4,369,533 ▼ 21% vs 2023 (€ 5,564,711) Unfavourable step	€ 5,064,992 Revenue 2025: € 5,064,992 ▲ 16% vs 2024 (€ 4,369,533) Favourable step	▲ 16%
Profit after taxes	€ -16,147 Profit after taxes 2022: € -16,147 First fiscal year in the series	€ -96,795 Profit after taxes 2023: € -96,795 ▼ € 80,648 vs 2022 (€ -16,147) Unfavourable step	€ -273,352 Profit after taxes 2024: € -273,352 ▼ € 176,557 vs 2023 (€ -96,795) Unfavourable step	€ 72,328 Profit after taxes 2025: € 72,328 ▲ € 345,680 vs 2024 (€ -273,352) Favourable step	▲ € 345,680
Equity	€ 1,228,326 Equity 2022: € 1,228,326 First fiscal year in the series	€ 1,127,560 Equity 2023: € 1,127,560 ▼ 8% vs 2022 (€ 1,228,326) Unfavourable step	€ 850,237 Equity 2024: € 850,237 ▼ 25% vs 2023 (€ 1,127,560) Unfavourable step	€ 918,594 Equity 2025: € 918,594 ▲ 8% vs 2024 (€ 850,237) Favourable step	▲ 8%
Total debts	€ 1,636,218 Total debts 2022: € 1,636,218 First fiscal year in the series	€ 1,450,632 Total debts 2023: € 1,450,632 ▼ 11% vs 2022 (€ 1,636,218) Favourable step	€ 960,552 Total debts 2024: € 960,552 ▼ 34% vs 2023 (€ 1,450,632) Favourable step	€ 1,351,005 Total debts 2025: € 1,351,005 ▲ 41% vs 2024 (€ 960,552) Unfavourable step	▲ 41%
Cash	€ 357,936 Cash 2022: € 357,936 First fiscal year in the series	€ 441,802 Cash 2023: € 441,802 ▲ 23% vs 2022 (€ 357,936) Favourable step	€ 428,728 Cash 2024: € 428,728 ▼ 3% vs 2023 (€ 441,802) Unfavourable step	€ 231,518 Cash 2025: € 231,518 ▼ 46% vs 2024 (€ 428,728) Unfavourable step	▼ 46%
Land & buildings	€ 394,638 Land & buildings 2022: € 394,638 First fiscal year in the series	€ 321,236 Land & buildings 2023: € 321,236 ▼ 19% vs 2022 (€ 394,638) Unchanged	€ 257,776 Land & buildings 2024: € 257,776 ▼ 20% vs 2023 (€ 321,236) Unchanged	€ 215,934 Land & buildings 2025: € 215,934 ▼ 16% vs 2024 (€ 257,776) Unchanged	▼ 16%
Retained profit	€ 549,176 Retained profit 2022: € 549,176 First fiscal year in the series	€ 452,381 Retained profit 2023: € 452,381 ▼ 18% vs 2022 (€ 549,176) Unfavourable step	€ 179,029 Retained profit 2024: € 179,029 ▼ 60% vs 2023 (€ 452,381) Unfavourable step	€ 251,357 Retained profit 2025: € 251,357 ▲ 40% vs 2024 (€ 179,029) Favourable step	▲ 40%
Bank debt	€ 306,811 Bank debt 2022: € 306,811 First fiscal year in the series	€ 208,336 Bank debt 2023: € 208,336 ▼ 32% vs 2022 (€ 306,811) Favourable step	€ 130,432 Bank debt 2024: € 130,432 ▼ 37% vs 2023 (€ 208,336) Favourable step	€ 258,697 Bank debt 2025: € 258,697 ▲ 98% vs 2024 (€ 130,432) Unfavourable step	▲ 98%
Balance sheet total	€ 2,920,629 Balance sheet total 2022: € 2,920,629 First fiscal year in the series	€ 2,789,976 Balance sheet total 2023: € 2,789,976 ▼ 4% vs 2022 (€ 2,920,629) Unchanged	€ 2,016,923 Balance sheet total 2024: € 2,016,923 ▼ 28% vs 2023 (€ 2,789,976) Unchanged	€ 2,587,505 Balance sheet total 2025: € 2,587,505 ▲ 28% vs 2024 (€ 2,016,923) Unchanged	▲ 28%
Employees (FTE)	65.6 Employees (FTE) 2022: 65.6 First fiscal year in the series	62.1 Employees (FTE) 2023: 62.1 ▼ 3.5 vs 2022 (65.6) Unchanged	54.5 Employees (FTE) 2024: 54.5 ▼ 7.6 vs 2023 (62.1) Unchanged	48.4 Employees (FTE) 2025: 48.4 ▼ 6.1 vs 2024 (54.5) Unchanged	▼ 6.1

Key figures of M.T.T.T. GRILLO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to M.T.T.T. GRILLO?

What happened at M.T.T.T. GRILLO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 14, 2026 New annual accounts for financial year 2025: profit of € 72,328. Source: NBB ↗
2026 BAL ENGENEERING SRL became a director. NBB
2026 Bruno Goossens stepped down as director. NBB
2023 Bruno Goossens became a director. NBB
Jul 1, 1978 New establishment in Seraing. KBO
Jun 8, 1978 Start of the company according to the CBE. KBO

In short

From € 16,147 loss in 2022 to € 72,328 profit in 2025.

Paid € 3,399 in corporate taxes since 2022.

Best year ever: 2025, with € 72,328 profit.

Pays suppliers within 95 days on average.

Original PDFs at the National Bank ↗

Management

BAL ENGENEERING 100%

The stake of BAL ENGENEERING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

M.T.T.T. GRILLO

Behind M.T.T.T. GRILLO is BAL ENGENEERING SRL. The shares are held by BAL ENGENEERING (100%).

Directors

According to the 2025 annual accounts

BAL ENGENEERING SRL

Director · represented by Grégoire Van Goethem

since 2026

Bruno Goossens

Director

since 2023 · until 2026

Shareholders

BAL ENGENEERING

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de la Vieille Espérance 24

4100 Seraing

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

BAL ENGENEERING same network

€ 15,461 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0418.520.356

VAT number

BE 0418.520.356

Registered office

Rue de la Vieille Espérance 24, 4100 Seraing

Names & denominations

M.T.T.T. GRILLO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

8 June 1978

Peppol

Active · Active since 1 Jan 2001

Contact

[email protected]

Activities · NACE

Verspanend bewerken van metalen

Algemene metaalbewerking

Dakwerkzaamheden

Dakbedekking en bouw van dakconstructies

Waterbouw, muv baggerwerken

Vervaardiging van metalen constructiewerken en delen daarvan

Algemene elektrotechnische installatiewerken

Proefboren en boren

View on CBE Public ↗ Annual accounts (NBB) ↗

M.T.T.T. GRILLO

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Financials

What happened to M.T.T.T. GRILLO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions