Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 2.1 to 0.6.
Financials
Financial year 2025
MT@WORK from Sint-Pieters-Leeuw, company number BE0632888574, closed financial year 2025 with a result of € 37,490 after tax. For that financial year MT@WORK recorded a gross margin of € 37,775 and equity of € -41,542. Compared with financial year 2024, the result moved from € -154,136 to € 37,490. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ -41,542
▲ € 37,490 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,490
▲ still € 154,136 loss in 2024
Profit after tax over the fiscal year.
€ 19,188
▲ 276% 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 € -61,542.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 19,796
▼ 68% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 93,056
▼ 50% vs 2024
€ 52,039 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 15,500
▲ 110% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,993
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 92,091 | € 75,109 | € 41,858 | € 37,775 | ▼ 10% |
| Profit after taxes | € -45,673 | € -30,779 | € -154,136 | € 37,490 | ▲ € 191,626 |
| Equity | € 124,883 | € 75,104 | € -79,032 | € -41,542 | ▲ € 37,490 |
| Total debts | € 333,045 | € 324,585 | € 236,400 | € 147,858 | ▼ 37% |
| Cash | € 16,763 | € 24,485 | € 5,110 | € 19,188 | ▲ 276% |
| Retained profit | € 104,883 | € 55,104 | € -99,032 | € -61,542 | ▲ € 37,490 |
| Dividend | € 20,000 | € 19,000 | € 0 | € 0 | |
| Bank debt | € 172,449 | € 193,046 | € 185,976 | € 93,056 | ▼ 50% |
| Balance sheet total | € 457,928 | € 399,689 | € 157,368 | € 106,316 | ▼ 32% |
| Employees (FTE) | - | 2.1 | 1.3 | 0.6 | ▼ 0.7 |
Key figures of MT@WORK, 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 MT@WORK?
What happened at MT@WORK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 37,490. Source: NBB ↗
- ELS DEDOBBELEER became a director. NBB
- New establishment in Brussel. KBO
- New establishment in Sint-Pieters-Leeuw. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,673 loss in 2022 to € 37,490 profit in 2025.
Paid € 1,234 in corporate taxes since 2022.
Best year ever: 2025, with € 37,490 profit.
On average € 32,200 of value added per employee in 2024.
A new publication or filing at MT@WORK? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
ELS DEDOBBELEER
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Zeypestraat 3
1602 Sint-Pieters-Leeuw
Léon Lepagestraat 10
1000 Brussel
Active since 1 January 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0632.888.574
- VAT number
- BE 0632.888.574
- Registered office
- Zeypestraat 3, 1602 Sint-Pieters-Leeuw
- Names & denominations
- MT@WORK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 2015
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
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