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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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Busy address KBO
33 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MPETS from Vilvoorde, company number BE0629897511, closed financial year 2025 with a result of € 191,658 after tax. For that financial year MPETS recorded a gross margin of € 1.3 million and equity of € 837,360. Compared with financial year 2024, the result moved from € 91,454 to € 191,658. 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 October 13, 2026.
€ 837,360
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 191,658
▲ 110% vs 2024
Profit after tax over the fiscal year.
€ 618,617
▲ 36% 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 € -660,270.
People and assets in 2025
9.8
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 705,221
▲ 17% vs 2024
€ 72,000 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.
€ 9,110
▼ 59% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2 million
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 263,141
▲ € 202,118 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 280,916 | € 1,070,696 | € 799,793 | € 1,289,720 | ▲ 61% |
| Profit after taxes | € -591,865 | € 298,052 | € 91,454 | € 191,658 | ▲ 110% |
| Equity | € 256,196 | € 554,248 | € 645,702 | € 837,360 | ▲ 30% |
| Total debts | € 682,416 | € 1,316,587 | € 2,035,381 | € 2,248,416 | ▲ 10% |
| Cash | € 149,186 | € 338,389 | € 455,192 | € 618,617 | ▲ 36% |
| Retained profit | € -1,241,434 | € -943,382 | € -851,928 | € -660,270 | ▲ € 191,658 |
| Balance sheet total | € 938,612 | € 1,870,835 | € 2,681,082 | € 3,085,776 | ▲ 15% |
| Employees (FTE) | 6.3 | 7.2 | 8.7 | 9.8 | ▲ 1.1 |
Key figures of MPETS, 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 MPETS?
What happened at MPETS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 191,658 (▲ 110% vs 2024). filed late Source: NBB ↗
- Feng Qiu became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Vilvoorde. KBO
In short
From € 591,865 loss in 2022 to € 191,658 profit in 2025.
Paid € 252,093 in corporate taxes since 2022.
Best year ever: 2023, with € 298,052 profit.
On average € 131,600 of value added per employee in 2025.
Management
Behind MPETS is Feng Qiu.
Directors
According to the 2025 annual accounts
Feng Qiu
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Luchthavenlaan 27
1800 Vilvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 33 companies are registered at this address.
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€ 398,105 gross margin · 2024
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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
CLOUDFLARENET - Cloudflare, Inc., US
DNS
GoDaddy DNS
Domain
Domain
mpets.eu
Registrar
GoDaddy.com, LLC
Website info
Features
Security
Details
- Company number
- 0629.897.511
- VAT number
- BE 0629.897.511
- Registered office
- Luchthavenlaan 27, 1800 Vilvoorde
- Names & denominations
- MPETS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 May 2015
- Peppol
- Active · Active since 17 Dec 2025
- Contact
- mpets.eu
- Activities · NACE
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