Warning lights
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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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Mu-Tec from Lendelede, company number BE0668842813, closed financial year 2024 with a result of € 13,578 after tax. For that financial year Mu-Tec recorded a gross margin of € 68,864 and equity of € 31,414. Compared with financial year 2023, the result moved from € 7,146 to € 13,578. 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 January 18, 2026.
€ 31,414
▲ 76% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,578
▲ 90% vs 2023
Profit after tax over the fiscal year.
€ 686
▼ 96% 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 € 12,814.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 30,525
▼ 25% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 121,357
▲ 10% vs 2023
€ 9,806 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 272
▼ 99% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,618
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 35,297 | € 18,565 | € 39,217 | € 68,864 | ▲ 76% |
| Profit after taxes | € 2,356 | € -9,781 | € 7,146 | € 13,578 | ▲ 90% |
| Equity | € 26,471 | € 16,690 | € 17,836 | € 31,414 | ▲ 76% |
| Total debts | € 249,188 | € 185,141 | € 248,568 | € 224,428 | ▼ 10% |
| Cash | € 1,699 | € 3,229 | € 17,321 | € 686 | ▼ 96% |
| Land & buildings | € 28,080 | € 94,184 | € 90,705 | € 133,616 | ▲ 47% |
| Retained profit | € 7,871 | € -1,910 | € -764 | € 12,814 | ▲ € 13,578 |
| Dividend | € 0 | € 0 | € 6,000 | € 0 | ▼ 100% |
| Bank debt | € 124,178 | € 95,114 | € 109,865 | € 121,357 | ▲ 10% |
| Balance sheet total | € 275,658 | € 201,831 | € 266,404 | € 255,842 | ▼ 4% |
Key figures of Mu-Tec, 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 Mu-Tec?
What happened at Mu-Tec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 13,578 (▲ 90% vs 2023). filed late Source: NBB ↗
- New establishment in Lendelede. KBO
- Steve Monnier became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,356 profit in 2021 to € 13,578 profit in 2024.
Paid € 869 in corporate taxes since 2021.
Best year ever: 2024, with € 13,578 profit.
Paid out € 6,000 in dividends to the owners in total.
Management
Behind Mu-Tec is Steve Monnier.
Directors
According to the 2024 annual accounts
Steve Monnier
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Nelcastraat 1H
8860 Lendelede
Nelcastraat 1 box H
8860 Lendelede
Active since 6 January 2017
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-CLOUD-PLATFORM - Google LLC, US
Website info
Features
Security
Details
- Company number
- 0668.842.813
- VAT number
- BE 0668.842.813
- Registered office
- Nelcastraat 1H, 8860 Lendelede
- Names & denominations
- Mu-Tec
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 January 2017
- Peppol
- Active · Active since 7 Jan 2026
- Contact
- mu-tec.be +32475646234
- Activities · NACE
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