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 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MORTELMANS & C° from Lasne, company number BE0436941250, closed financial year 2025 with a result of € -6,242 after tax. For that financial year MORTELMANS & C° recorded a gross margin of € 186,366 and equity of € 197,479. Compared with financial year 2024, the result moved from € 12,498 to € -6,242. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 197,479
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,242
▼ still € 12,498 profit in 2024
Profit after tax over the fiscal year.
€ 121,332
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -124,535.
People and assets in 2025
4.2
Average over the fiscal year, from the social balance sheet.
€ 136,685
▼ 16% vs 2024
€ 32,500 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.
€ 86,159
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 179,007
▼ 8% vs 2024
€ 16,548 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 553,317
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,270
▲ 77% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 363,043 | € 380,182 | € 283,276 | € 186,366 | ▼ 34% |
| Profit after taxes | € -50,692 | € -6,593 | € 12,498 | € -6,242 | ▼ € 18,740 |
| Equity | € 197,816 | € 191,223 | € 203,721 | € 197,479 | ▼ 3% |
| Total debts | € 1,146,999 | € 865,389 | € 788,917 | € 779,359 | ▼ 1% |
| Cash | € 156,113 | € 162,298 | € 172,109 | € 121,332 | ▼ 30% |
| Retained profit | € -124,199 | € -130,791 | € -118,294 | € -124,535 | ▼ € 6,242 |
| Bank debt | € 490,500 | € 208,401 | € 194,378 | € 179,007 | ▼ 8% |
| Balance sheet total | € 1,344,814 | € 1,056,613 | € 992,638 | € 976,838 | ▼ 2% |
| Employees (FTE) | 6.7 | 6.4 | 4.2 | 4.2 |
Key figures of MORTELMANS & C°, 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 MORTELMANS & C°?
What happened at MORTELMANS & C° in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,242 (▼ € 18,740 vs 2024). filed late Source: NBB ↗
- Sonia Deckers became a director. NBB
- Jean-Marie Mortelmans became a director. NBB
- New establishment in Waterloo. KBO
- Mortelmans Management Services SRL became a director. NBB
- QM MAnagement SRL became a director. NBB
- New establishment in Lasne. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,692 loss in 2022 to € 6,242 loss in 2025.
Paid € 41,340 in corporate taxes since 2022.
Best year ever: 2024, with € 12,498 profit.
On average € 44,400 of value added per employee in 2025.
Management
Behind MORTELMANS & C° are Sonia Deckers, Jean-Marie Mortelmans, QM MAnagement SRL and Mortelmans Management Services SRL.
Directors
According to the 2025 annual accounts
Sonia Deckers
Director
since 2009
Jean-Marie Mortelmans
Director
since 2007
Director
since 2001
Mortelmans Management Services SRL
Director · represented by Cédric Mortelmans
since 2003
Establishments
Establishment units
Physical locations of this company
Rue du Coq 9
1380 Lasne
Drève Richelle 161 box 89
1410 Waterloo
Active since 2 May 2005
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.
Details
- Company number
- 0436.941.250
- VAT number
- BE 0436.941.250
- Registered office
- Rue du Coq 9, 1380 Lasne
- Names & denominations
- MORTELMANS & C°
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 March 1989
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
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