Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 13.4 to 3.1.
Financials
Financial year 2025
M-Tanks from Brecht, company number BE0467636208, closed financial year 2025 with a result of € 1,061 after tax. For that financial year M-Tanks recorded a gross margin of € 557,845 and equity of € 820,564. Compared with financial year 2024, the result moved from € 202,498 to € 1,061. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 820,564
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,061
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 75,432
▼ 26% 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 € 620,187.
People and assets in 2025
3.1
▼ 7.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 273,628
▼ 70% vs 2024
€ 88,300 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.
€ 168,976
▲ 62% vs 2024
Of which on lease € 39,916.
Debts at end 2025
€ 1.3 million
▼ 2% vs 2024
€ 218,301 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 258,848
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,150
▲ € 13,841 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,305,983 | € 1,312,573 | € 1,299,151 | € 557,845 | ▼ 57% |
| Profit after taxes | € 249,931 | € 158,289 | € 202,498 | € 1,061 | ▼ 99% |
| Equity | € 572,889 | € 620,376 | € 836,800 | € 820,564 | ▼ 2% |
| Total debts | € 1,089,216 | € 1,347,744 | € 1,928,201 | € 1,858,234 | ▼ 4% |
| Cash | € 176,177 | € 84,420 | € 102,443 | € 75,432 | ▼ 26% |
| Land & buildings | - | € 324,979 | € 441,986 | € 408,193 | ▼ 8% |
| Retained profit | € 510,889 | € 558,376 | € 619,126 | € 620,187 | |
| Dividend | € 174,952 | € 110,802 | € 141,749 | € 0 | ▼ 100% |
| Bank debt | € 453,822 | € 674,165 | € 1,322,157 | € 1,292,692 | ▼ 2% |
| Balance sheet total | € 1,662,106 | € 1,968,120 | € 2,816,894 | € 2,724,925 | ▼ 3% |
| Employees (FTE) | 11.4 | 13.4 | 10.3 | 3.1 | ▼ 7.2 |
Key figures of M-Tanks, 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 April 2027.
What happened to M-Tanks?
What happened at M-Tanks in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Matthysen Groep BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1,061 (▼ 99% vs 2024). Source: NBB ↗
- Matthysen Groep BV became a director. NBB
- New establishment in Brecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 249,931 profit in 2022 to € 1,061 profit in 2025.
Paid € 102,467 in corporate taxes since 2022.
Best year ever: 2022, with € 249,931 profit.
On average € 179,900 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Matthysen Groep comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
M-TanksThe shares are held by Matthysen Groep (100%).
Directors
According to the 2025 annual accounts
Director · represented by Matthysen Seppe
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Theo Coertjenslaan 15
2960 Brecht
Molenstraat 107
2960 Brecht
Active since 21 December 1999
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →M-Immo same network
€ 4,790 gross margin · 2025
MATTHYSEN same network
€ 10.6 million revenue · 2025
Matthysen Groep same network
€ 495,628 revenue · 2025
Vereniging met winst
M-Funderingen
€ 1.2 million gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0467.636.208
- VAT number
- BE 0467.636.208
- Registered office
- Theo Coertjenslaan 15, 2960 Brecht
- Names & denominations
- M-Tanks
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 1999
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Overige bouwinstallatie
Vervaardiging van andere tanks, reservoirs en bergingsmiddelen, van metaal
Vervaardiging van tanks, reservoirs en bergingsmiddelen van metaal
Overige bouwinstallatie, n.e.g.
Bouwrijp maken van terreinen
Vervaardiging van overige producten van metaal, neg
Vervaardiging van metalen constructiewerken en delen daarvan
Reparatie en onderhoud van machines