Financials
Financial year 2024
MTEC from Beveren-Kruibeke-Zwijndrecht, company number BE0662869888, closed financial year 2024 with a result of € 6,009 after tax. For that financial year MTEC recorded a gross margin of € 534,159 and equity of € 32,014. Compared with financial year 2023, the result moved from € -367 to € 6,009. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2025.
€ 32,014
▲ 23% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,009
▲ still € 367 loss in 2023
Profit after tax over the fiscal year.
€ 38,450
▼ 3% 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 € 13,464.
People and assets in 2024
6.4
Average over the fiscal year, from the social balance sheet.
€ 501,692
▲ 19% vs 2023
€ 78,400 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.
€ 50,059
▼ 3% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 223,212
▲ 176% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 767
▼ 77% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 364,337 | € 467,634 | € 477,996 | € 534,159 | ▲ 12% |
| Profit after taxes | € 80,536 | € 153,287 | € -367 | € 6,009 | ▲ € 6,376 |
| Equity | € -133,064 | € 26,373 | € 26,005 | € 32,014 | ▲ 23% |
| Total debts | € 589,787 | € 622,581 | € 588,351 | € 1,037,264 | ▲ 76% |
| Cash | € 41,214 | € 70,544 | € 39,802 | € 38,450 | ▼ 3% |
| Land & buildings | - | - | - | € 9,189 | |
| Retained profit | € -145,464 | € 7,823 | € 7,455 | € 13,464 | ▲ 81% |
| Balance sheet total | € 456,723 | € 648,954 | € 614,356 | € 1,069,279 | ▲ 74% |
| Employees (FTE) | - | - | - | 6.4 |
Key figures of MTEC, 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 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 2024: profit of € 6,009. filed late Source: NBB ↗
- Stijn Favest became a director. NBB
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Start of the company according to the CBE. KBO
- David Williams became a director. NBB
In short
From € 80,536 profit in 2021 to € 6,009 profit in 2024.
Paid € 15,910 in corporate taxes since 2021.
Best year ever: 2022, with € 153,287 profit.
On average € 83,500 of value added per employee in 2024.
A new publication or filing at MTEC? 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
Behind MTEC are Stijn Favest and David Williams.
Directors
According to the 2024 annual accounts
Stijn Favest
Director
since 2024
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.
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
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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