Financials
Financial year 2025
Moortgat, Pieters & Saey from Dendermonde, company number BE0671978980, closed financial year 2025 with a result of € -19,285 after tax. For that financial year Moortgat, Pieters & Saey recorded a gross margin of € 128,513 and equity of € 27,183. Compared with financial year 2024, the result moved from € 6,426 to € -19,285. The company made a loss. 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 July 31, 2026.
€ 27,183
▲ 228% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,285
▼ still € 6,426 profit in 2024
Profit after tax over the fiscal year.
€ 100,448
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -92,817.
People and assets in 2025
€ 46,622
▼ 34% 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.
€ 3,339
▲ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 301,039
▼ 3% vs 2024
€ 11,277 is repaid this year. At this pace the long-term loan is gone in ≈ 27 years.
€ 160,230
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,844
▼ 53% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 248,927 | € 263,299 | € 231,349 | € 128,513 | ▼ 44% |
| Profit after taxes | € -27,105 | € -20,025 | € 6,426 | € -19,285 | ▼ € 25,711 |
| Equity | € 21,893 | € 1,868 | € 8,294 | € 27,183 | ▲ 228% |
| Total debts | € 675,703 | € 585,435 | € 547,410 | € 546,358 | |
| Cash | € 29,068 | € 67,882 | € 150,598 | € 100,448 | ▼ 33% |
| Land & buildings | € 206,231 | € 195,541 | € 185,753 | € 220,574 | ▲ 19% |
| Retained profit | € -59,933 | € -79,958 | € -73,532 | € -92,817 | ▼ € 19,285 |
| Bank debt | € 379,250 | € 334,010 | € 311,803 | € 301,039 | ▼ 3% |
| Balance sheet total | € 697,596 | € 587,303 | € 555,704 | € 573,541 | ▲ 3% |
| Employees (FTE) | 2.1 | 1.8 | - | - |
Key figures of Moortgat, Pieters & Saey, 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 Moortgat, Pieters & Saey?
What happened at Moortgat, Pieters & Saey in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 19,285 (▼ € 25,711 vs 2024). Source: NBB ↗
- Jonas Moortgat became a director. NBB
- New establishment in Dendermonde. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,105 loss in 2022 to € 19,285 loss in 2025.
Paid € 136,269 in corporate taxes since 2022.
Best year ever: 2024, with € 6,426 profit.
On average € 146,300 of value added per employee in 2023.
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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 Moortgat, Pieters & Saey are Jonas Moortgat and Donald Pieters. Jonas Moortgat is also behind MJ. Donald Pieters is also behind PIETERS.
Establishments
Establishment units
Physical locations of this company
Jozef Van Bogaertstraat (STG) 19
9200 Dendermonde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →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
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0671.978.980
- VAT number
- BE 0671.978.980
- Registered office
- Jozef Van Bogaertstraat (STG) 19, 9200 Dendermonde
- Names & denominations
- Moortgat, Pieters & Saey · MP&S
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 March 2017
- Peppol
- Active · Active since 7 Jul 2025
- Contact
- adp-accountants.be [email protected]
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants
Boekhouders en boekhouders-fiscalisten