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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
M.T.C. from Malle, company number BE0460606577, closed financial year 2025 with a result of € -106,498 after tax. For that financial year M.T.C. recorded a gross margin of € 26,007 and equity of € 825,858. Compared with financial year 2024, the result moved from € -110,646 to € -106,498. 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 August 3, 2026.
€ 825,858
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -106,498
▲ 4 % less loss than in 2024
Profit after tax over the fiscal year.
€ 109,915
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 627,544.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 47,820
▲ 4% vs 2024
€ 47,800 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.
€ 25,377
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 283,975
▼ 5% vs 2024
€ 15,753 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 83,925
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,348
▼ 8% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,145 | € 5,941 | € 19,894 | € 26,007 | ▲ 31% |
| Profit after taxes | € -108,609 | € -122,491 | € -110,646 | € -106,498 | ▲ € 4,148 |
| Equity | € 1,165,493 | € 1,043,002 | € 932,356 | € 825,858 | ▼ 11% |
| Total debts | € 619,614 | € 563,919 | € 544,810 | € 525,876 | ▼ 3% |
| Cash | € 359,999 | € 205,057 | € 143,001 | € 109,915 | ▼ 23% |
| Land & buildings | € 1,711,399 | € 1,628,629 | € 1,545,859 | € 1,463,089 | ▼ 5% |
| Retained profit | € 967,179 | € 844,688 | € 734,042 | € 627,544 | ▼ 15% |
| Bank debt | € 329,437 | € 314,576 | € 299,424 | € 283,975 | ▼ 5% |
| Balance sheet total | € 2,086,615 | € 1,890,960 | € 1,743,737 | € 1,600,835 | ▼ 8% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of M.T.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 M.T.C.?
What happened at M.T.C. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- K.C.M.-Beheer NV stepped down as director. NBB
- Verena Van Bavel stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 106,498. filed late Source: NBB ↗
- K.C.M.-Beheer NV became a director. NBB
- Verena Van Bavel became a director. NBB
- New establishment in Malle. KBO
- Start of the company according to the CBE. KBO
In short
From € 108,609 loss in 2022 to € 106,498 loss in 2025.
Paid € 1,177 in corporate taxes since 2022.
On average € 26,000 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Managing director · represented by Carl Mintjens
Also active at: Compagnie Nationale de Triplex, Ehkam, COMPAGNIE INTERNATIONALE DES BOIS, MEUBELFABRIEKEN KAREL MINTJENS, Mintjens Group, MMooD, Mintery
since 2023 · until 2029
Verena Van Bavel
Managing director
Also active at: Compagnie Nationale de Triplex, Meubelhoutimport Edm. De Decker, Ehkam, MEUBELFABRIEKEN KAREL MINTJENS, Mintjens Group, MMooD
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Meirenstraat 10
2390 Malle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.606.577
- VAT number
- BE 0460.606.577
- Registered office
- Meirenstraat 10, 2390 Malle
- Names & denominations
- M.T.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 April 1997
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings