Financials
Financial year 2024
MECHANICAL MAINTENANCE COMPANY from Wavre, company number BE0508816864, closed financial year 2024 with a result of € 11,679 after tax. For that financial year MECHANICAL MAINTENANCE COMPANY recorded a gross margin of € 1.1 million and equity of € 467,904. Compared with financial year 2023, the result moved from € 3,719 to € 11,679. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2025.
€ 467,904
▲ 175% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,679
▲ 214% vs 2023
Profit after tax over the fiscal year.
€ 310,820
▲ 13% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 414,370.
People and assets in 2024
11.2
▲ 2.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 966,830
▲ 70% vs 2023
€ 86,300 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.
€ 200,807
▲ 75% vs 2023
Of which on lease € 135,069.
Debts at end 2024
€ 816,590
▲ 113% vs 2023
€ 95,217 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 642,652
▲ 129% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 132,751
▲ 161% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 362,352 | € 639,310 | € 649,781 | € 1,133,398 | ▲ 74% |
| Profit after taxes | € 2,366 | € 100,689 | € 3,719 | € 11,679 | ▲ 214% |
| Equity | € 65,447 | € 166,136 | € 169,855 | € 467,904 | ▲ 175% |
| Total debts | € 578,897 | € 658,983 | € 722,518 | € 1,591,993 | ▲ 120% |
| Cash | € 158,889 | € 323,739 | € 275,264 | € 310,820 | ▲ 13% |
| Retained profit | € 45,447 | € 146,136 | € 149,855 | € 414,370 | ▲ 177% |
| Bank debt | € 288,969 | € 319,686 | € 382,619 | € 816,590 | ▲ 113% |
| Balance sheet total | € 644,344 | € 825,119 | € 892,373 | € 2,059,897 | ▲ 131% |
| Employees (FTE) | 6.2 | 7.3 | 9.1 | 11.2 | ▲ 2.1 |
Key figures of MECHANICAL MAINTENANCE COMPANY, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MECHANICAL MAINTENANCE COMPANY?
What happened at MECHANICAL MAINTENANCE COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 11,679 (▲ 214% vs 2023). filed late Source: NBB ↗
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,366 profit in 2021 to € 11,679 profit in 2024.
Paid € 45,718 in corporate taxes since 2021.
Best year ever: 2022, with € 100,689 profit.
On average € 101,200 of value added per employee in 2024.
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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 SAFE TENSIONING SYSTEM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MECHANICAL MAINTENANCE COMPANYBehind MECHANICAL MAINTENANCE COMPANY is SAFE TENSIONING SYSTEM. The shares are held by SAFE TENSIONING SYSTEM (60%). It owns 65% of RELIABLE DYNAMIC TECHNOLOGY and 49% of MAPREMA ETS itself.
Directors
According to the 2024 annual accounts
Director · represented by Arnold DE QUIRINI
Also active at: S.P.R.L. MAPREMA ETS
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Avenue Léonard de Vinci 17
1300 Wavre
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
HETZNER-AS, DE
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0508.816.864
- VAT number
- BE 0508.816.864
- Registered office
- Avenue Léonard de Vinci 17, 1300 Wavre
- Names & denominations
- MECHANICAL MAINTENANCE COMPANY · MMCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 December 2012
- Peppol
- Active · Active since 19 Dec 2025
- Contact
- mmco.be
- Activities · NACE
Reparatie en onderhoud van andere apparatuur