Financials
Financial year 2025
M & T from Vilvoorde, company number BE0469281050, closed financial year 2025 with a result of € 35,185 after tax. For that financial year M & T recorded a gross margin of € 1.4 million and equity of € 281,468. Compared with financial year 2024, the result moved from € 49,898 to € 35,185. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 281,468
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 35,185
▼ 29% vs 2024
Profit after tax over the fiscal year.
€ 89,127
▼ 56% 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 € 216,468.
People and assets in 2025
19
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 12% vs 2024
€ 62,400 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.
€ 367,924
▲ 27% vs 2024
Of which on lease € 217,544.
Debts at end 2025
€ 305,892
▲ 26% vs 2024
€ 126,006 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 133,317
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 187,588
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 925,942 | € 1,282,402 | € 1,259,107 | € 1,368,827 | ▲ 9% |
| Profit after taxes | € 39,800 | € 56,153 | € 49,898 | € 35,185 | ▼ 29% |
| Equity | € 180,237 | € 236,385 | € 246,283 | € 281,468 | ▲ 14% |
| Total debts | € 567,018 | € 674,464 | € 628,572 | € 626,797 | |
| Cash | € 27,646 | € 264,742 | € 201,661 | € 89,127 | ▼ 56% |
| Retained profit | € 115,237 | € 171,385 | € 181,283 | € 216,468 | ▲ 19% |
| Dividend | € 0 | € 0 | € 40,000 | € 0 | ▼ 100% |
| Bank debt | € 253,308 | € 226,895 | € 242,534 | € 305,892 | ▲ 26% |
| Balance sheet total | € 747,255 | € 910,848 | € 874,854 | € 908,265 | ▲ 4% |
| Employees (FTE) | 13.2 | 16.9 | 17 | 19 | ▲ 2 |
Key figures of M & T, 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?
What happened at M & T in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 35,185 (▼ 29% vs 2024). Source: NBB ↗
- MXD SOLUTIONS BV became a director. NBB
- GOI BV became a director. NBB
- New establishment in Vilvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,800 profit in 2022 to € 35,185 profit in 2025.
Paid € 89,595 in corporate taxes since 2022.
Best year ever: 2023, with € 56,153 profit.
On average € 72,000 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 MXD SOLUTIONS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
M & TBehind M & T are GOI BV, ALAIN DEVIS and MXD SOLUTIONS BV. The shares are held by MXD SOLUTIONS.
Directors
According to the 2025 annual accounts
Director
since 2025
Director
since 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Diegemstraat 29
1800 Vilvoorde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0469.281.050
- VAT number
- BE 0469.281.050
- Registered office
- Diegemstraat 29, 1800 Vilvoorde
- Names & denominations
- M & T
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 2000
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Verhuisactiviteiten
Goederenvervoer over de weg
Diensten in verband met vervoer te land
Overige ondersteunende activiteiten i.v.m. het vervoer te land