What does MTM Car Parts do?

MTM Car Parts is a wholesaler in Gent. Public Limited, started on 13 July 2017, 1 establishment.

What is the address of MTM Car Parts?

The registered office of MTM Car Parts is located at Korte Magerstraat 3, 9050 Gent.

Is MTM Car Parts still active?

Yes. According to the CBE (31 October 2026) MTM Car Parts is active, legal situation “Normale toestand”, started on 13 July 2017.

Is MTM Car Parts registered on Peppol?

Yes, MTM Car Parts is registered on the Peppol network with ID 0208:0678578346.

What is the enterprise number of MTM Car Parts?

The enterprise number of MTM Car Parts is BE0678578346.

When was MTM Car Parts founded?

MTM Car Parts was founded on 13 July 2017.

Who are the directors of MTM Car Parts?

According to the 2025 annual accounts, the directors of MTM Car Parts are: Matthieu Maes, Thomas Maes.

Is MTM Car Parts a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 July 2017; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MTM Car Parts make in 2025?

MTM Car Parts recorded a loss after taxes of € 178,595 in financial year 2025.

What is the revenue of MTM Car Parts?

As a small company, MTM Car Parts is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 234,869.

How much does an employee at MTM Car Parts earn?

The average wage cost per full-time employee at MTM Car Parts was € 35,900 in 2025: staff costs of € 143,406 for 4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MTM Car Parts have?

According to the 2025 annual accounts, MTM Car Parts has 4 full-time equivalents (FTE).

MTM Car Parts (Public Limited) - Gent - BE0678578346

Dossier MTM Car Parts, printed on 31 October 2026 from databakkes.be/en/0678578346/mtm-car-parts. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 1 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MTM Car Parts from Gent, company number BE0678578346, closed financial year 2025 with a result of € -178,595 after tax. For that financial year MTM Car Parts recorded a gross margin of € 234,869 and equity of € -27,048. Compared with financial year 2024, the result moved from € -14,127 to € -178,595. The company made a loss. 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 October 15, 2026.

What it is worth Caution

€ -27,048

▼ € 178,595 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -178,595

▼ 1164 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 26,501

▼ 55% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -147,048.

People and assets in 2025

Full-time equivalents

▲ 0.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 143,406

▲ 19% vs 2024

€ 35,900 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.

Vehicles and equipment

€ 17,960

▼ 28% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 18 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 74,471

▼ 7% vs 2024

€ 4,154 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.

Owed to suppliers

€ 721,996

▼ 6% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 49,084

▼ 10% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 162,754 Gross margin 2022: € 162,754 First fiscal year in the series	€ 238,929 Gross margin 2023: € 238,929 ▲ 47% vs 2022 (€ 162,754) Favourable step	€ 192,599 Gross margin 2024: € 192,599 ▼ 19% vs 2023 (€ 238,929) Unfavourable step	€ 234,869 Gross margin 2025: € 234,869 ▲ 22% vs 2024 (€ 192,599) Favourable step	▲ 22%
Profit after taxes	€ 38,597 Profit after taxes 2022: € 38,597 First fiscal year in the series	€ 27,667 Profit after taxes 2023: € 27,667 ▼ 28% vs 2022 (€ 38,597) Unfavourable step	€ -14,127 Profit after taxes 2024: € -14,127 ▼ € 41,794 vs 2023 (€ 27,667) Unfavourable step	€ -178,595 Profit after taxes 2025: € -178,595 ▼ € 164,468 vs 2024 (€ -14,127) Unfavourable step	▼ € 164,468
Equity	€ 138,007 Equity 2022: € 138,007 First fiscal year in the series	€ 165,674 Equity 2023: € 165,674 ▲ 20% vs 2022 (€ 138,007) Favourable step	€ 151,547 Equity 2024: € 151,547 ▼ 9% vs 2023 (€ 165,674) Unfavourable step	€ -27,048 Equity 2025: € -27,048 ▼ € 178,595 vs 2024 (€ 151,547) Unfavourable step	▼ € 178,595
Total debts	€ 825,637 Total debts 2022: € 825,637 First fiscal year in the series	€ 974,421 Total debts 2023: € 974,421 ▲ 18% vs 2022 (€ 825,637) Unfavourable step	€ 912,851 Total debts 2024: € 912,851 ▼ 6% vs 2023 (€ 974,421) Favourable step	€ 870,540 Total debts 2025: € 870,540 ▼ 5% vs 2024 (€ 912,851) Favourable step	▼ 5%
Cash	€ 43,886 Cash 2022: € 43,886 First fiscal year in the series	€ 37,042 Cash 2023: € 37,042 ▼ 16% vs 2022 (€ 43,886) Unfavourable step	€ 58,772 Cash 2024: € 58,772 ▲ 59% vs 2023 (€ 37,042) Favourable step	€ 26,501 Cash 2025: € 26,501 ▼ 55% vs 2024 (€ 58,772) Unfavourable step	▼ 55%
Retained profit	€ 18,007 Retained profit 2022: € 18,007 First fiscal year in the series	€ 45,674 Retained profit 2023: € 45,674 ▲ 154% vs 2022 (€ 18,007) Favourable step	€ 31,547 Retained profit 2024: € 31,547 ▼ 31% vs 2023 (€ 45,674) Unfavourable step	€ -147,048 Retained profit 2025: € -147,048 ▼ € 178,595 vs 2024 (€ 31,547) Unfavourable step	▼ € 178,595
Bank debt	€ 56,016 Bank debt 2022: € 56,016 First fiscal year in the series	€ 26,775 Bank debt 2023: € 26,775 ▼ 52% vs 2022 (€ 56,016) Favourable step	€ 80,444 Bank debt 2024: € 80,444 ▲ 200% vs 2023 (€ 26,775) Unfavourable step	€ 74,471 Bank debt 2025: € 74,471 ▼ 7% vs 2024 (€ 80,444) Favourable step	▼ 7%
Balance sheet total	€ 963,645 Balance sheet total 2022: € 963,645 First fiscal year in the series	€ 1,140,095 Balance sheet total 2023: € 1,140,095 ▲ 18% vs 2022 (€ 963,645) Unchanged	€ 1,064,398 Balance sheet total 2024: € 1,064,398 ▼ 7% vs 2023 (€ 1,140,095) Unchanged	€ 843,492 Balance sheet total 2025: € 843,492 ▼ 21% vs 2024 (€ 1,064,398) Unchanged	▼ 21%
Employees (FTE)	3.5 Employees (FTE) 2022: 3.5 First fiscal year in the series	3 Employees (FTE) 2023: 3 ▼ 0.5 vs 2022 (3.5) Unchanged	3.8 Employees (FTE) 2024: 3.8 ▲ 0.8 vs 2023 (3) Unchanged	4 Employees (FTE) 2025: 4 ▲ 0.2 vs 2024 (3.8) Unchanged	▲ 0.2

Key figures of MTM Car Parts, 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 MTM Car Parts?

What happened at MTM Car Parts in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 15, 2026 New annual accounts for financial year 2025: loss of € 178,595. filed late Source: NBB ↗
Jul 13, 2017 New establishment in Gent. KBO
Jul 13, 2017 Start of the company according to the CBE. KBO

In short

From € 38,597 profit in 2022 to € 178,595 loss in 2025.

Paid € 26,238 in corporate taxes since 2022.

Best year ever: 2022, with € 38,597 profit.

On average € 58,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

GEMINI - 4 76%

DOYEN AUTO 24%

The stake of GEMINI - 4, DOYEN AUTO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MTM Car Parts

Behind MTM Car Parts are Matthieu Maes and Thomas Maes. The shares are held by GEMINI - 4 (76%) and DOYEN AUTO (24%).

Directors

According to the 2025 annual accounts

Matthieu Maes

Managing director

Also active at: GEMINI - 4

Thomas Maes

Managing director

Also active at: GEMINI - 4, GEMINI TRANSMISSION PRODUCTS

Shareholders

GEMINI - 4

76%

DOYEN AUTO

24%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Korte Magerstraat 3

9050 Gent

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 →

GEMINI - 4 same network

€ 34,460 gross margin · 2025

GEMINI TRANSMISSION PRODUCTS same network

€ -13,380 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0678.578.346

VAT number

BE 0678.578.346

Registered office

Korte Magerstraat 3, 9050 Gent

Names & denominations

MTM Car Parts · API Gent

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

13 July 2017

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Groothandel in delen en toebehoren van motorvoertuigen

Detailhandel in onderdelen en accessoires van motorvoertuigen

Handelsbemiddeling en groothandel in onderdelen en accessoires van motorvoertuigen

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige rechtskundige dienstverlening

Overige zakelijke dienstverlening, neg

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗