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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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
M.T.T.L from Ath, company number BE0473161941, closed financial year 2025 with a result of € 21,313 after tax. For that financial year M.T.T.L recorded a gross margin of € 228,481 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 49,154 to € 21,313. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 21, 2026.
€ 1.3 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,313
▼ 57% vs 2024
Profit after tax over the fiscal year.
€ 246,985
▲ 14% 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 € 929,430.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 24
▼ 94% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 900,000
▼ 12% vs 2024
€ 120,000 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 17,841
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 73,289
▲ 41% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 311,758 | € 266,462 | € 260,354 | € 228,481 | ▼ 12% |
| Profit after taxes | € 111,572 | € 68,168 | € 49,154 | € 21,313 | ▼ 57% |
| Equity | € 1,040,794 | € 1,127,069 | € 1,235,999 | € 1,250,112 | ▲ 1% |
| Total debts | € 2,245,596 | € 2,092,364 | € 1,989,230 | € 1,923,526 | ▼ 3% |
| Cash | € 509,835 | € 373,120 | € 216,703 | € 246,985 | ▲ 14% |
| Land & buildings | € 2,669,899 | € 2,589,657 | € 2,521,640 | € 2,442,540 | ▼ 3% |
| Retained profit | € 790,794 | € 858,962 | € 908,116 | € 929,430 | ▲ 2% |
| Bank debt | € 1,352,850 | € 1,174,890 | € 1,020,000 | € 900,000 | ▼ 12% |
| Balance sheet total | € 3,286,390 | € 3,219,434 | € 3,225,230 | € 3,173,638 | ▼ 2% |
Key figures of M.T.T.L, 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.T.T.L?
What happened at M.T.T.L in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,313 (▼ 57% vs 2024). filed late Source: NBB ↗
- Thérèse Desmet became a director. NBB
- Jean-Christophe Lambert became a director. NBB
- New establishment in Ath. KBO
- Start of the company according to the CBE. KBO
In short
From € 111,572 profit in 2022 to € 21,313 profit in 2025.
Paid € 84,260 in corporate taxes since 2022.
Best year ever: 2022, with € 111,572 profit.
Management
Behind M.T.T.L are Thérèse Desmet and Jean-Christophe Lambert. Jean-Christophe Lambert is also behind TRADINEX.
Directors
According to the 2025 annual accounts
Thérèse Desmet
Director
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Route de Lessines 75
7800 Ath
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.161.941
- VAT number
- BE 0473.161.941
- Registered office
- Route de Lessines 75, 7800 Ath
- Names & denominations
- M.T.T.L
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 October 2000
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Activiteiten van holdings
Goederenvervoer over de weg
Holdings
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige zakelijke dienstverlening, neg
Handel in eigen onroerend goed
Diverse administratieve activiteiten ten behoeve van kantoren
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