Financials
Financial year 2024
MWESTO LABS from Liège, company number BE0698968934, closed financial year 2024 with a result of € -3,743 after tax. For that financial year MWESTO LABS recorded a gross margin of € 593 and equity of € 25,434. Compared with financial year 2023, the result moved from € 1,669 to € -3,743. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2025.
€ 25,434
▼ 13% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,743
▼ still € 1,669 profit in 2023
Profit after tax over the fiscal year.
€ 26,809
▲ € 22,512 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 6,834.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 12,630
▲ € 12,062 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 11,600
€ 4,339 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 615
▼ 88% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 16,031
▲ 111% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 16,574 | € 13,922 | € 4,647 | € 593 | ▼ 87% |
| Profit after taxes | € 574 | € 2,457 | € 1,669 | € -3,743 | ▼ € 5,412 |
| Equity | € 25,050 | € 27,507 | € 29,177 | € 25,434 | ▼ 13% |
| Total debts | € 33,535 | € 10,223 | € 19,093 | € 49,496 | ▲ 159% |
| Cash | € 17,242 | € 7,416 | € 4,297 | € 26,809 | ▲ € 22,512 |
| Retained profit | € 6,450 | € 8,907 | € 10,577 | € 6,834 | ▼ 35% |
| Bank debt | € 0 | € 0 | € 0 | € 11,600 | |
| Balance sheet total | € 58,585 | € 37,730 | € 48,269 | € 74,930 | ▲ 55% |
Key figures of MWESTO LABS, 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 MWESTO LABS?
What happened at MWESTO LABS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 3,743 (▼ € 5,412 vs 2023). Source: NBB ↗
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 574 profit in 2021 to € 3,743 loss in 2024.
Paid € 653 in corporate taxes since 2021.
Best year ever: 2022, with € 2,457 profit.
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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 MWESTO LABS is Maxime WESTHOVEN. It owns 25% of ALTAB itself.
Establishments
Establishment units
Physical locations of this company
Rue de l'Ermitage 41
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Website info
Features
Security
Network
Details
- Company number
- 0698.968.934
- VAT number
- BE 0698.968.934
- Registered office
- Rue de l'Ermitage 41, 4000 Liège
- Names & denominations
- MWESTO LABS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2018
- Peppol
- Active · Active since 2 Dec 2025
- Contact
- mwesto.be
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