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 8.8 to 6.2.
Financials
Financial year 2025
Moortgat Mometal from Sint-Gillis-Waas, company number BE0419481844, closed financial year 2025 with a result of € -59,217 after tax. For that financial year Moortgat Mometal recorded revenue of € 909,839 and equity of € 16.2 million. Compared with financial year 2024, the result moved from € 196,272 to € -59,217. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ 16.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -59,217
▼ still € 196,272 profit in 2024
Profit after tax over the fiscal year.
€ 8,441
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.1 million.
People and assets in 2025
6.2
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 518,539
▼ 10% vs 2024
€ 83,600 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.
€ 3,302
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6 million
▼ 10% vs 2024
€ 666,667 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 340,080
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 182 days on average.
€ 114,684
▲ 117% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 848,637 | € 964,993 | € 865,726 | € 909,839 | ▲ 5% |
| Profit after taxes | € 55,947 | € -261,513 | € 196,272 | € -59,217 | ▼ € 255,489 |
| Equity | € 7,314,307 | € 7,052,794 | € 16,272,373 | € 16,213,156 | |
| Total debts | € 7,924,621 | € 9,281,140 | € 8,436,972 | € 7,920,013 | ▼ 6% |
| Cash | € 604,415 | € 131,901 | € 55,907 | € 8,441 | ▼ 85% |
| Land & buildings | € 2,792,658 | € 3,247,864 | € 12,404,167 | € 12,008,381 | ▼ 3% |
| Retained profit | € 1,084,931 | € 823,418 | € 919,690 | € 1,067,422 | ▲ 16% |
| Dividend | € 0 | € 0 | € 100,000 | € 0 | ▼ 100% |
| Bank debt | € 6,666,667 | € 7,300,000 | € 6,633,333 | € 5,966,667 | ▼ 10% |
| Balance sheet total | € 15,238,927 | € 16,333,934 | € 24,709,345 | € 24,133,169 | ▼ 2% |
| Employees (FTE) | 7.5 | 8.8 | 6.6 | 6.2 | ▼ 0.4 |
Key figures of Moortgat Mometal, 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 Moortgat Mometal?
What happened at Moortgat Mometal in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 59,217 (▼ € 255,489 vs 2024). Source: NBB ↗
- New establishment in Sint-Gillis-Waas. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,947 profit in 2022 to € 59,217 loss in 2025.
Paid € 234,075 in corporate taxes since 2022.
Best year ever: 2024, with € 196,272 profit.
Paid out € 100,000 in dividends to the owners in total.
Management
The stake of UNITEA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Moortgat MometalBehind Moortgat Mometal is Unitea NV. The shares are held by UNITEA (100%). It owns 100% of Real Verhuur, 100% of Real Corporation and 100% of Limba itself.
Directors
According to the 2025 annual accounts
Director · represented by Kenneth Depuydt
Also active at: Limba, Power Industrial Manufacturing Association, REAL CORPORATION, Industriële Dak- en Wandbekleding, REAL VERHUUR, MODULCO
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Kluizenhof(SGW) 25
9170 Sint-Gillis-Waas
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0419.481.844
- VAT number
- BE 0419.481.844
- Registered office
- Kluizenhof(SGW) 25, 9170 Sint-Gillis-Waas
- Names & denominations
- Moortgat Mometal
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 June 1979
- Peppol
- Active · Active since 16 Sept 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering