Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MITEM from Wavre, company number BE0718791873, closed financial year 2025 with a result of € 24,531 after tax. For that financial year MITEM recorded a gross margin of € 11,013 and equity of € 252,250. Compared with financial year 2024, the result moved from € 3,714 to € 24,531. Profitable, and profit is growing. 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 August 31, 2026.
€ 252,250
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24,531
▲ € 20,817 vs 2024
Profit after tax over the fiscal year.
€ 4,777
▲ € 3,945 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 239,850.
People and assets in 2025
€ 534
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 505,320
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 70,221
▼ 58% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 122,587 | € 34,166 | € 113,457 | € 11,013 | ▼ 90% |
| Profit after taxes | € 24,084 | € 29,282 | € 3,714 | € 24,531 | ▲ € 20,817 |
| Equity | € 108,904 | € 224,005 | € 227,719 | € 252,250 | ▲ 11% |
| Total debts | € 1,760,573 | € 1,502,246 | € 1,376,299 | € 1,437,737 | ▲ 4% |
| Cash | € 105,887 | € 4,002 | € 832 | € 4,777 | ▲ € 3,945 |
| Retained profit | € 96,504 | € 211,605 | € 215,319 | € 239,850 | ▲ 11% |
| Bank debt | € 60,961 | € 36,811 | € 14,193 | € 0 | ▼ 100% |
| Balance sheet total | € 1,869,477 | € 1,726,251 | € 1,604,018 | € 1,689,987 | ▲ 5% |
Key figures of MITEM, 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 MITEM?
What happened at MITEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 24,531 (▲ € 20,817 vs 2024). filed late Source: NBB ↗
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,084 profit in 2022 to € 24,531 profit in 2025.
Paid € 27,159 in corporate taxes since 2022.
Best year ever: 2023, with € 29,282 profit.
Management
Behind MITEM is Michel TEMAN. Michel TEMAN is also behind IT & M BELGIQUE.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue de Genval 12
1301 Wavre
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0718.791.873
- VAT number
- BE 0718.791.873
- Registered office
- Rue de Genval 12, 1301 Wavre
- Names & denominations
- MITEM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 2019
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
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