Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MOL CY from Staden, company number BE0426586303, closed financial year 2025 with a result of € 2.8 million after tax. For that financial year MOL CY recorded revenue of € 81.2 million and equity of € 15.9 million. Compared with financial year 2024, the result moved from € 1.8 million to € 2.8 million. 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 9, 2026.
€ 15.9 million
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.8 million
▲ 54% vs 2024
Profit after tax over the fiscal year.
€ 261,607
▲ 224% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
18 % of the profit went to the shareholders, mostly to FORTINUM (82 % of the shares). That is where the money ends up.
People and assets in 2025
299.8
▲ 11.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 19 million
▲ 3% vs 2024
€ 63,500 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.
€ 1.1 million
▼ 21% vs 2024
Of which on lease € 880,426.
Debts at end 2025
€ 7.2 million
▼ 23% vs 2024
€ 694,443 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 8.8 million
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 60 days on average.
€ 4.2 million
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 58,208,855 | € 68,006,322 | € 72,377,451 | € 81,226,232 | ▲ 12% |
| Profit after taxes | € 750,337 | € -1,059,492 | € 1,845,963 | € 2,836,359 | ▲ 54% |
| Equity | € 13,299,501 | € 12,240,009 | € 13,585,971 | € 15,922,331 | ▲ 17% |
| Total debts | € 31,373,306 | € 28,900,814 | € 42,177,845 | € 25,534,827 | ▼ 39% |
| Cash | € 84,729 | € 472,095 | € 80,770 | € 261,607 | ▲ 224% |
| Retained profit | € 10,756,485 | € 9,696,993 | € 11,042,956 | € 13,379,315 | ▲ 21% |
| Dividend | € 250,000 | € 0 | € 500,000 | € 500,000 | |
| Bank debt | € 4,645,570 | € 7,933,819 | € 9,282,587 | € 7,163,579 | ▼ 23% |
| Balance sheet total | € 46,157,166 | € 42,652,030 | € 57,804,980 | € 43,377,065 | ▼ 25% |
| Employees (FTE) | 282 | 278.3 | 288.2 | 299.8 | ▲ 11.6 |
Key figures of MOL CY, 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 MOL CY?
What happened at MOL CY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Fortinum BV stepped down as director. NBB
- GCV Alexander Desplentere stepped down as director. NBB
- M.M. Invest BV stepped down as director. NBB
- BC.M BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.8 million (▲ 54% vs 2024). Source: NBB ↗
- Fortinum BV became a director. NBB
- GCV Alexander Desplentere became a director. NBB
- M.M. Invest BV became a director. NBB
In short
From € 750,337 profit in 2022 to € 2.8 million profit in 2025.
Paid € 20,937 in corporate taxes since 2022.
Best year ever: 2025, with € 2.8 million profit.
Paid out € 1.3 million in dividends to the owners in total.
Management
The stake of FORTINUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MOL CYThe shares are held by FORTINUM (81.9%). It owns 100% of ITK , 100% of VDK NEDERLAND and 99.8% of Inco Mol itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Lieven Neuville
Also active at: INDUSTRIELE TOELEVERING KACHTEM
since 2022 · until 2027
Managing director · represented by Alexander Desplentere
Also active at: FORTINUM, INDUSTRIELE TOELEVERING KACHTEM
since 2022 · until 2027
since 2022 · until 2027
Managing director · represented by Bram Callewaert
Also active at: FORTINUM, INDUSTRIELE TOELEVERING KACHTEM
since 2022 · until 2027
Shareholders
81.9%
Participations
Establishments
Establishment units
Physical locations of this company
Diksmuidesteenweg(ONK) 68
8840 Staden
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
molcy.com
Registered
1996-12-14
Registrar
EuroDNS S.A.
Expires
2026-12-13
Website info
Features
Security
Details
- Company number
- 0426.586.303
- VAT number
- BE 0426.586.303
- Registered office
- Diksmuidesteenweg(ONK) 68, 8840 Staden
- Names & denominations
- MOL CY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1984
- Peppol
- Active · Active since 21 Jan 2026
- Contact
- molcy.com
- Activities · NACE
Vervaardiging van motorvoertuigen
Vervaardiging en assemblage van auto's
Verspanend bewerken van metalen
Carrosserieherstelling (inclusief spuiten en verven)
Groothandel in aanhangwagens, opleggers en caravans
Groothandel in andere motorvoertuigen (> 3,5 ton)
Vervaardiging van aanhangwagens, opleggers en caravans
Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)
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