MTM is a commercial agency in Heuvelland. Private Limited, started on 30 March 1993, 1 establishment.

What is the address of MTM?

The registered office of MTM is located at Sint-Pietersstraat(West) 8, 8954 Heuvelland.

Yes. According to the CBE (29 October 2026) MTM is active, legal situation “Normale toestand”, started on 30 March 1993.

Is MTM registered on Peppol?

Yes, MTM is registered on the Peppol network with ID 0208:0449789196.

What is the enterprise number of MTM?

The enterprise number of MTM is BE0449789196.

When was MTM founded?

MTM was founded on 30 March 1993.

Who are the directors of MTM?

According to the 2025 annual accounts, the directors of MTM are: Annemie Deconinck, Ludwig Lemenu, Dries Lemenu.

Is MTM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 March 1993; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did MTM make in 2025?

MTM recorded a loss after taxes of € 37,010 in financial year 2025.

What is the revenue of MTM?

As a small company, MTM is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 7,376.

MTM (Private Limited) - Heuvelland - BE0449789196

Dossier MTM, printed on 29 October 2026 from databakkes.be/en/0449789196/mtm. 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.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MTM from Heuvelland, company number BE0449789196, closed financial year 2025 with a result of € -37,010 after tax. For that financial year MTM recorded a gross margin of € 7,376 and equity of € -134,183. Compared with financial year 2024, the result moved from € -40,796 to € -37,010. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.

What it is worth Caution

€ -134,183

▼ € 37,010 vs 2024

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

Loss Caution

€ -37,010

▲ 9 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 24,714

▼ 40% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -184,183.

People and assets in 2025

Vehicles and equipment

€ 55,441

▼ 3% vs 2024

Of which on lease € 8,216.

Debts at end 2025

Bank debt ≈ 3 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.

€ 40,485

▼ 27% vs 2024

€ 15,449 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 335

▼ 91% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 1,248

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 46,406 Gross margin 2022: € 46,406 First fiscal year in the series	€ 10,221 Gross margin 2023: € 10,221 ▼ 78% vs 2022 (€ 46,406) Unfavourable step	€ 5,645 Gross margin 2024: € 5,645 ▼ 45% vs 2023 (€ 10,221) Unfavourable step	€ 7,376 Gross margin 2025: € 7,376 ▲ 31% vs 2024 (€ 5,645) Favourable step	▲ 31%
Profit after taxes	€ 2,835 Profit after taxes 2022: € 2,835 First fiscal year in the series	€ -33,204 Profit after taxes 2023: € -33,204 ▼ € 36,039 vs 2022 (€ 2,835) Unfavourable step	€ -40,796 Profit after taxes 2024: € -40,796 ▼ € 7,592 vs 2023 (€ -33,204) Unfavourable step	€ -37,010 Profit after taxes 2025: € -37,010 ▲ € 3,786 vs 2024 (€ -40,796) Favourable step	▲ € 3,786
Equity	€ -23,174 Equity 2022: € -23,174 First fiscal year in the series	€ -56,377 Equity 2023: € -56,377 ▼ € 33,204 vs 2022 (€ -23,174) Unfavourable step	€ -97,174 Equity 2024: € -97,174 ▼ € 40,796 vs 2023 (€ -56,377) Unfavourable step	€ -134,183 Equity 2025: € -134,183 ▼ € 37,010 vs 2024 (€ -97,174) Unfavourable step	▼ € 37,010
Total debts	€ 289,963 Total debts 2022: € 289,963 First fiscal year in the series	€ 282,187 Total debts 2023: € 282,187 ▼ 3% vs 2022 (€ 289,963) Favourable step	€ 362,860 Total debts 2024: € 362,860 ▲ 29% vs 2023 (€ 282,187) Unfavourable step	€ 339,560 Total debts 2025: € 339,560 ▼ 6% vs 2024 (€ 362,860) Favourable step	▼ 6%
Cash	€ 42,232 Cash 2022: € 42,232 First fiscal year in the series	€ 36,519 Cash 2023: € 36,519 ▼ 14% vs 2022 (€ 42,232) Unfavourable step	€ 40,970 Cash 2024: € 40,970 ▲ 12% vs 2023 (€ 36,519) Favourable step	€ 24,714 Cash 2025: € 24,714 ▼ 40% vs 2024 (€ 40,970) Unfavourable step	▼ 40%
Land & buildings	€ 174,794 Land & buildings 2022: € 174,794 First fiscal year in the series	€ 145,025 Land & buildings 2023: € 145,025 ▼ 17% vs 2022 (€ 174,794) Unchanged	€ 133,380 Land & buildings 2024: € 133,380 ▼ 8% vs 2023 (€ 145,025) Unchanged	€ 107,728 Land & buildings 2025: € 107,728 ▼ 19% vs 2024 (€ 133,380) Unchanged	▼ 19%
Retained profit	€ -73,174 Retained profit 2022: € -73,174 First fiscal year in the series	€ -106,377 Retained profit 2023: € -106,377 ▼ € 33,204 vs 2022 (€ -73,174) Unfavourable step	€ -147,174 Retained profit 2024: € -147,174 ▼ € 40,796 vs 2023 (€ -106,377) Unfavourable step	€ -184,183 Retained profit 2025: € -184,183 ▼ € 37,010 vs 2024 (€ -147,174) Unfavourable step	▼ € 37,010
Bank debt	€ 28,284 Bank debt 2022: € 28,284 First fiscal year in the series	€ 21,460 Bank debt 2023: € 21,460 ▼ 24% vs 2022 (€ 28,284) Favourable step	€ 55,520 Bank debt 2024: € 55,520 ▲ 159% vs 2023 (€ 21,460) Unfavourable step	€ 40,485 Bank debt 2025: € 40,485 ▼ 27% vs 2024 (€ 55,520) Favourable step	▼ 27%
Balance sheet total	€ 266,789 Balance sheet total 2022: € 266,789 First fiscal year in the series	€ 225,809 Balance sheet total 2023: € 225,809 ▼ 15% vs 2022 (€ 266,789) Unchanged	€ 265,686 Balance sheet total 2024: € 265,686 ▲ 18% vs 2023 (€ 225,809) Unchanged	€ 205,377 Balance sheet total 2025: € 205,377 ▼ 23% vs 2024 (€ 265,686) Unchanged	▼ 23%

Key figures of MTM, 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 MTM?

What happened at MTM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 15, 2026 New annual accounts for financial year 2025: loss of € 37,010. Source: NBB ↗
Jan 2, 2002 New establishment in Heuvelland. KBO
Mar 30, 1993 Start of the company according to the CBE. KBO

In short

From € 2,835 profit in 2022 to € 37,010 loss in 2025.

Paid € 662 in corporate taxes since 2022.

Best year ever: 2022, with € 2,835 profit.

Original PDFs at the National Bank ↗

Management

Annemie Deconinck Ludwig Lemenu Dries Lemenu

SARABO

LVS

MTM

ZOETENDAAL

Behind MTM are Annemie Deconinck, Ludwig Lemenu and Dries Lemenu. The same people are also behind SARABO. Annemie Deconinck is also behind LVS. Ludwig Lemenu is also behind LVS and ZOETENDAAL.

Directors

According to the 2025 annual accounts

Annemie Deconinck

Andere functie

Also active at: SARABO, LVS

Ludwig Lemenu

Director

Also active at: SARABO, LVS, ZOETENDAAL

Dries Lemenu

Andere functie

Also active at: SARABO

Establishments

Establishment units

Physical locations of this company

Registered office

Sint-Pietersstraat(West) 8

8954 Heuvelland

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

HUNTER

€ -203,962 gross margin · 2025

GROEP HUNTER ZOETENDAAL

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

Details

Company number

0449.789.196

VAT number

BE 0449.789.196

Registered office

Sint-Pietersstraat(West) 8, 8954 Heuvelland

Names & denominations

MTM

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

30 March 1993

Peppol

Active · Active since 24 Jun 2025

Activities · NACE

Handelsbemiddeling in de niet-gespecialiseerde groothandel

Handelsbemiddeling in goederen, algemeen assortiment

Overige zakelijke dienstverlening, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

MTM