Active · per the CBE, 2 October 2026

MET

BE0693936515

Rechtspersoon Private limited company 1 establishment

MET is a hospitality business in Brugge. Private Limited, started on 5 April 2018, 1 establishment.

Walstraat 11, 8000 Brugge

Behind the company: Tecel Ulutürk.

Active for

8 year, 5 months

Financials

Financial year 2025

MET from Brugge, company number BE0693936515, closed financial year 2025 with a result of € 84,296 after tax. For that financial year MET recorded a gross margin of € 466,005 and equity of € 198,881. Compared with financial year 2024, the result moved from € 27,967 to € 84,296. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.

What it is worth Growing

€ 198,881

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

Profit Growing

€ 84,296

▲ 201% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 193,797

▲ 46% vs 2024

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

Where the profit goes Pays out

€ 83,824 paid out

99 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Wage cost

€ 281,938

▲ 4% 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.

Vehicles and equipment

€ 47,826

▲ € 46,364 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 9 years to go

€ 463,816

€ 53,854 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 51,434

▲ 265% vs 2024

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

Taxes and wages

€ 34,993

▲ 95% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 341,502 € 343,952 € 367,665 € 466,005 ▲ 27%
Profit after taxes € 99,119 € 41,631 € 27,967 € 84,296 ▲ 201%
Equity € 222,928 € 264,559 € 198,409 € 198,881
Total debts € 116,667 € 504,208 € 496,410 € 582,260 ▲ 17%
Cash € 275,165 € 270,007 € 132,721 € 193,797 ▲ 46%
Land & buildings € 390 € 418,056 € 437,290 € 440,200 ▲ 1%
Retained profit € 192,928 € 234,559 € 168,409 € 168,881
Dividend € 0 € 0 € 94,118 € 83,824 ▼ 11%
Bank debt € 68,640 € 446,663 € 462,968 € 463,816
Balance sheet total € 339,595 € 768,767 € 694,819 € 781,141 ▲ 12%

Key figures of MET, 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 MET?

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

  • New annual accounts for financial year 2025: profit of € 84,296 (▲ 201% vs 2024). Source: NBB ↗
  • New establishment in Brugge. KBO
  • Tecel Ulutürk became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 99,119 profit in 2022 to € 84,296 profit in 2025.

Paid € 87,087 in corporate taxes since 2022.

Best year ever: 2022, with € 99,119 profit.

Paid out € 177,941 in dividends to the owners in total.

Management

Tecel Ulutürk
MET

Behind MET is Tecel Ulutürk. Tecel Ulutürk is also behind TU.

See the full network in the app

Directors

According to the 2025 annual accounts

Tecel Ulutürk

Director

Also active at: TU

since 2018

Establishments

Establishment units

Physical locations of this company

Registered office

Walstraat 11

8000 Brugge

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

Details

Company number
0693.936.515
VAT number
BE 0693.936.515
Registered office
Walstraat 11, 8000 Brugge
Names & denominations
MET
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
5 April 2018
Peppol
Active · Active since 24 Nov 2023
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Frequently asked questions

What does MET do?
MET is a hospitality business in Brugge. Private Limited, started on 5 April 2018, 1 establishment.
What is the address of MET?
The registered office of MET is located at Walstraat 11, 8000 Brugge.
Is MET still active?
Yes. According to the CBE (2 October 2026) MET is active, legal situation “Normale toestand”, started on 5 April 2018.
Is MET registered on Peppol?
Yes, MET is registered on the Peppol network with ID 0208:0693936515.
What is the enterprise number of MET?
The enterprise number of MET is BE0693936515.
When was MET founded?
MET was founded on 5 April 2018.