Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
41 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
MTL Innovations from Etterbeek, company number BE0689934175, closed financial year 2024 with a result of € 2,164 after tax. For that financial year MTL Innovations recorded a gross margin of € 4,616 and equity of € 62,005. Compared with financial year 2023, the result moved from € -1,820 to € 2,164. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2025.
€ 62,005
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,164
▲ still € 1,820 loss in 2023
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 49,605.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
€ 10,139
▼ 45% vs 2023
Loans from banks and other lenders, long and short.
€ 27,288
▲ 13% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 14,853
▼ 14% 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 | € 20,041 | € -14,208 | € 3,183 | € 4,616 | ▲ 45% |
| Profit after taxes | € 17,343 | € -16,295 | € -1,820 | € 2,164 | ▲ € 3,984 |
| Equity | € 77,956 | € 61,661 | € 59,841 | € 62,005 | ▲ 4% |
| Total debts | € 51,450 | € 42,098 | € 59,606 | € 52,667 | ▼ 12% |
| Cash | - | - | € 2,750 | - | |
| Retained profit | € 65,556 | € 49,261 | € 47,441 | € 49,605 | ▲ 5% |
| Bank debt | € 19,350 | € 13,918 | € 18,288 | € 10,139 | ▼ 45% |
| Balance sheet total | € 129,406 | € 103,759 | € 119,448 | € 114,672 | ▼ 4% |
Key figures of MTL Innovations, 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 MTL Innovations?
What happened at MTL Innovations in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 2,164. filed late Source: NBB ↗
- New establishment in Rixensart. KBO
- Marie Terese LETORNEY became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 17,343 profit in 2021 to € 2,164 profit in 2024.
Best year ever: 2021, with € 17,343 profit.
A new publication or filing at MTL Innovations? 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 MTL Innovations is Marie Terese LETORNEY.
Directors
According to the 2024 annual accounts
Marie Terese LETORNEY
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Sint-Michielslaan 47
1040 Etterbeek
Rue Tombeek Beauseant 2 box 12
1331 Rixensart
Active since 8 February 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 41 companies are registered at this address.
All companies at this address →E. Fischer et Cie
€ -650 gross margin · 2025
American Chamber of Commerce in Belgium
€ 1.3 million revenue · 2025
AUTONETWORK DEVELOPPEMENT
€ -400 gross margin · 2025
INDIGO
€ 6,166 gross margin · 2025
A.N.F.R.A. SERVICES
€ -3,061 gross margin · 2024
+36 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0689.934.175
- VAT number
- BE 0689.934.175
- Registered office
- Sint-Michielslaan 47, 1040 Etterbeek
- Names & denominations
- MTL Innovations
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 2018
- Peppol
- Active · Active since 8 Dec 2025
- Contact
- [email protected] 0475480230
- Activities · NACE
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