Financials
Financial year 2025
MTEC from Beveren-Kruibeke-Zwijndrecht, company number BE0662869888, closed financial year 2025 with a result of € -4,220 after tax. For that financial year MTEC recorded a gross margin of € 544,247 and equity of € 27,794. Compared with financial year 2024, the result moved from € 6,009 to € -4,220. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 20, 2026.
€ 27,794
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,220
▼ still € 6,009 profit in 2024
Profit after tax over the fiscal year.
€ 30,084
▼ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 9,244.
People and assets in 2025
0
▼ 6.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 495,822
▼ 1% 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.
€ 34,159
▼ 32% 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.
€ 387,681
▲ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,027
▲ € 7,260 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 467,634 | € 477,996 | € 534,159 | € 544,247 | ▲ 2% |
| Profit after taxes | € 153,287 | € -367 | € 6,009 | € -4,220 | ▼ € 10,229 |
| Equity | € 26,373 | € 26,005 | € 32,014 | € 27,794 | ▼ 13% |
| Total debts | € 622,581 | € 588,351 | € 1,037,264 | € 1,638,755 | ▲ 58% |
| Cash | € 70,544 | € 39,802 | € 38,450 | € 30,084 | ▼ 22% |
| Land & buildings | - | - | € 9,189 | € 7,350 | ▼ 20% |
| Retained profit | € 7,823 | € 7,455 | € 13,464 | € 9,244 | ▼ 31% |
| Balance sheet total | € 648,954 | € 614,356 | € 1,069,279 | € 1,666,550 | ▲ 56% |
| Employees (FTE) | - | - | 6.4 | 0 | ▼ 6.4 |
By gross margin, MTEC ranks 37th of 85 companies with main activity “Opslag” in East Flanders that publish figures (fiscal year 2025).
Key figures of MTEC, 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.
Ask about MTEC the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to MTEC?
What happened at MTEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,220 (▼ € 10,229 vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- David Williams became a director. NBB
In short
From € 153,287 profit in 2022 to € 4,220 loss in 2025.
Paid € 26,420 in corporate taxes since 2022.
Best year ever: 2022, with € 153,287 profit.
On average € 83,500 of value added per employee in 2024.
Management
Behind MTEC is David Williams.
Directors
According to the 2025 annual accounts
David Williams
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Hogenakkerhoekstraat 7
9150 Beveren-Kruibeke-Zwijndrecht
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
GOOGLE - Google LLC, US
DNS
GoDaddy DNS
Domain
Domain
mtecfineart.com
Registered
2018-04-20
Registrar
GoDaddy.com, LLC
Expires
2031-04-20
Website info
Features
Security
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- WILLIAMS David Royston(oprichter) 100%
Details
- Company number
- 0662.869.888
- VAT number
- BE 0662.869.888
- Registered office
- Hogenakkerhoekstraat 7, 9150 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- MTEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 September 2016
- Peppol
- Active · Active since 23 Dec 2024
- Contact
- mtecfineart.com
- Activities · NACE
Opslag
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