Financials
Financial year 2025
M.M.V. from Tielt, company number BE0446277895, closed financial year 2025 with a result of € 343,283 after tax. For that financial year M.M.V. recorded revenue of € 1.8 million and equity of € 13.5 million. Compared with financial year 2024, the result moved from € 445,221 to € 343,283. The company is profitable. 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 December 16, 2025.
€ 13.5 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 343,283
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 67,023
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 9 million.
People and assets in 2025
4.4
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 605,053
▼ 8% vs 2024
€ 137,500 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.
Debts at end 2025
€ 2 million
Loans from banks and other lenders, long and short.
€ 227,745
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 82 days on average.
€ 162,145
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,529,337 | € 1,529,835 | € 1,665,861 | € 1,772,328 | ▲ 6% |
| Profit after taxes | € 425,844 | € 319,582 | € 445,221 | € 343,283 | ▼ 23% |
| Equity | € 12,379,668 | € 12,699,250 | € 13,144,470 | € 13,487,754 | ▲ 3% |
| Total debts | € 2,425,302 | € 2,435,915 | € 2,362,160 | € 2,389,929 | ▲ 1% |
| Cash | € 551,245 | € 400,583 | € 636,665 | € 67,023 | ▼ 89% |
| Retained profit | € 7,874,721 | € 8,194,303 | € 8,639,524 | € 8,982,808 | ▲ 4% |
| Bank debt | € 2,000,000 | € 2,000,000 | € 2,000,000 | € 2,000,000 | |
| Balance sheet total | € 14,804,969 | € 15,135,164 | € 15,506,630 | € 15,877,683 | ▲ 2% |
| Employees (FTE) | 5 | 5 | 5 | 4.4 | ▼ 0.6 |
Key figures of M.M.V., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to M.M.V.?
What happened at M.M.V. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 343,283 (▼ 23% vs 2024). Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 425,844 profit in 2022 to € 343,283 profit in 2025.
Paid € 5,926 in corporate taxes since 2022.
Best year ever: 2024, with € 445,221 profit.
Pays suppliers within 82 days on average.
Management
Behind M.M.V. are Mitra CommV, The Hub CommV and The Pond CommV. It owns 100% of Romakin and 100% of Vulkoprin itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Herderstraat 4
8700 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0446.277.895
- VAT number
- BE 0446.277.895
- Registered office
- Herderstraat 4, 8700 Tielt
- Names & denominations
- M.M.V.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 December 1991
- Peppol
- Active · Active since 2 Oct 2025
- Contact
- [email protected] 051403806
- Activities · NACE
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