MFORM is a metalworking company in Pittem. Private Limited, started on 1 April 1998, 1 establishment.

What is the address of MFORM?

The registered office of MFORM is located at Posterijlaan 47, 8740 Pittem.

Is MFORM still active?

Yes. According to the CBE (30 October 2026) MFORM is active, legal situation “Normale toestand”, started on 1 April 1998.

Is MFORM registered on Peppol?

Yes, MFORM is registered on the Peppol network with ID 0208:0463003269.

What is the enterprise number of MFORM?

The enterprise number of MFORM is BE0463003269.

When was MFORM founded?

MFORM was founded on 1 April 1998.

Who are the directors of MFORM?

According to the 2025 annual accounts, the directors of MFORM are: BATINNO BV.

Is MFORM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 April 1998; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MFORM make in 2025?

MFORM posted a profit after taxes of € 28,167 in financial year 2025.

What is the revenue of MFORM?

As a small company, MFORM is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,206,762.

How much does an employee at MFORM earn?

The average wage cost per full-time employee at MFORM was € 57,100 in 2025: staff costs of € 941,791 for 16.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MFORM have?

According to the 2025 annual accounts, MFORM has 16.5 full-time equivalents (FTE).

MFORM (Private Limited) - Pittem - BE0463003269

Dossier MFORM, printed on 30 October 2026 from databakkes.be/en/0463003269/mform. 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.

Tight liquidity NBB

Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MFORM from Pittem, company number BE0463003269, closed financial year 2025 with a result of € 28,167 after tax. For that financial year MFORM recorded a gross margin of € 1.2 million and equity of € 345,531. Compared with financial year 2024, the result moved from € 52,303 to € 28,167. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.

What it is worth Growing

€ 345,531

▲ 9% vs 2024

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

Profit Healthy

€ 28,167

▼ 46% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 61,074

▼ 59% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 183,531.

People and assets in 2025

Full-time equivalents

16.5

▲ 0.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 941,791

▼ 1% vs 2024

€ 57,100 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.

Vehicles and equipment

€ 21,811

▼ 36% vs 2024

Of which on lease € 416.

Debts at end 2025

Bank debt ≈ 4 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.

€ 833,787

▼ 12% vs 2024

€ 110,187 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 803,267

▲ 97% vs 2024

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

Taxes and wages

€ 268,737

▼ 5% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,030,459 Gross margin 2022: € 1,030,459 First fiscal year in the series	€ 1,127,445 Gross margin 2023: € 1,127,445 ▲ 9% vs 2022 (€ 1,030,459) Favourable step	€ 1,235,237 Gross margin 2024: € 1,235,237 ▲ 10% vs 2023 (€ 1,127,445) Favourable step	€ 1,206,762 Gross margin 2025: € 1,206,762 ▼ 2% vs 2024 (€ 1,235,237) Unfavourable step	▼ 2%
Profit after taxes	€ -6,944 Profit after taxes 2022: € -6,944 First fiscal year in the series	€ 14,460 Profit after taxes 2023: € 14,460 ▲ € 21,404 vs 2022 (€ -6,944) Favourable step	€ 52,303 Profit after taxes 2024: € 52,303 ▲ 262% vs 2023 (€ 14,460) Favourable step	€ 28,167 Profit after taxes 2025: € 28,167 ▼ 46% vs 2024 (€ 52,303) Unfavourable step	▼ 46%
Equity	€ 250,601 Equity 2022: € 250,601 First fiscal year in the series	€ 265,062 Equity 2023: € 265,062 ▲ 6% vs 2022 (€ 250,601) Favourable step	€ 317,364 Equity 2024: € 317,364 ▲ 20% vs 2023 (€ 265,062) Favourable step	€ 345,531 Equity 2025: € 345,531 ▲ 9% vs 2024 (€ 317,364) Favourable step	▲ 9%
Total debts	€ 2,216,974 Total debts 2022: € 2,216,974 First fiscal year in the series	€ 2,070,903 Total debts 2023: € 2,070,903 ▼ 7% vs 2022 (€ 2,216,974) Favourable step	€ 2,013,653 Total debts 2024: € 2,013,653 ▼ 3% vs 2023 (€ 2,070,903) Favourable step	€ 2,300,063 Total debts 2025: € 2,300,063 ▲ 14% vs 2024 (€ 2,013,653) Unfavourable step	▲ 14%
Cash	€ 70,322 Cash 2022: € 70,322 First fiscal year in the series	€ 58,832 Cash 2023: € 58,832 ▼ 16% vs 2022 (€ 70,322) Unfavourable step	€ 149,602 Cash 2024: € 149,602 ▲ 154% vs 2023 (€ 58,832) Favourable step	€ 61,074 Cash 2025: € 61,074 ▼ 59% vs 2024 (€ 149,602) Unfavourable step	▼ 59%
Land & buildings	€ 49,663 Land & buildings 2022: € 49,663 First fiscal year in the series	€ 38,463 Land & buildings 2023: € 38,463 ▼ 23% vs 2022 (€ 49,663) Unchanged	€ 23,220 Land & buildings 2024: € 23,220 ▼ 40% vs 2023 (€ 38,463) Unchanged	€ 8,239 Land & buildings 2025: € 8,239 ▼ 65% vs 2024 (€ 23,220) Unchanged	▼ 65%
Retained profit	€ 88,601 Retained profit 2022: € 88,601 First fiscal year in the series	€ 103,062 Retained profit 2023: € 103,062 ▲ 16% vs 2022 (€ 88,601) Favourable step	€ 155,364 Retained profit 2024: € 155,364 ▲ 51% vs 2023 (€ 103,062) Favourable step	€ 183,531 Retained profit 2025: € 183,531 ▲ 18% vs 2024 (€ 155,364) Favourable step	▲ 18%
Bank debt	€ 1,041,224 Bank debt 2022: € 1,041,224 First fiscal year in the series	€ 906,261 Bank debt 2023: € 906,261 ▼ 13% vs 2022 (€ 1,041,224) Favourable step	€ 944,426 Bank debt 2024: € 944,426 ▲ 4% vs 2023 (€ 906,261) Unfavourable step	€ 833,787 Bank debt 2025: € 833,787 ▼ 12% vs 2024 (€ 944,426) Favourable step	▼ 12%
Balance sheet total	€ 2,467,914 Balance sheet total 2022: € 2,467,914 First fiscal year in the series	€ 2,335,964 Balance sheet total 2023: € 2,335,964 ▼ 5% vs 2022 (€ 2,467,914) Unchanged	€ 2,331,017 Balance sheet total 2024: € 2,331,017 Unchanged (€ 2,335,964) Unchanged	€ 2,645,594 Balance sheet total 2025: € 2,645,594 ▲ 13% vs 2024 (€ 2,331,017) Unchanged	▲ 13%
Employees (FTE)	14.9 Employees (FTE) 2022: 14.9 First fiscal year in the series	14.9 Employees (FTE) 2023: 14.9 Unchanged (14.9) Unchanged	15.6 Employees (FTE) 2024: 15.6 ▲ 0.7 vs 2023 (14.9) Unchanged	16.5 Employees (FTE) 2025: 16.5 ▲ 0.9 vs 2024 (15.6) Unchanged	▲ 0.9

Key figures of MFORM, 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 MFORM?

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

Jul 30, 2026 New annual accounts for financial year 2025: profit of € 28,167 (▼ 46% vs 2024). Source: NBB ↗
Apr 27, 1998 New establishment in Pittem. KBO
Apr 1, 1998 Start of the company according to the CBE. KBO

In short

From € 6,944 loss in 2022 to € 28,167 profit in 2025.

Paid € 36,136 in corporate taxes since 2022.

Best year ever: 2024, with € 52,303 profit.

On average € 73,100 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

BATINNO 99.8%

The stake of BATINNO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MFORM

Behind MFORM is BATINNO BV. The shares are held by BATINNO (99.8%).

Directors

According to the 2025 annual accounts

BATINNO BV

Director · represented by TITECA SIEGFRIED

Shareholders

BATINNO

99.8%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Posterijlaan 47

8740 Pittem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

BATFORM

Metalnova

€ 11,543 gross margin · 2025

MFINISH

€ 16,822 gross margin · 2025

BATINNO same network

€ 53,042 gross margin · 2025

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

Details

Company number

0463.003.269

VAT number

BE 0463.003.269

Registered office

Posterijlaan 47, 8740 Pittem

Names & denominations

MFORM

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

1 April 1998

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Smeden van metaal

Groothandel in metalen en metaalertsen

Handelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten

Handelsbemiddeling in brandstoffen, ertsen, metalen en chemische producten

View on CBE Public ↗ Annual accounts (NBB) ↗

MFORM

Warning lights

Financials

What happened to MFORM?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions