Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MV-TECH from Eeklo, company number BE0738383893, closed financial year 2025 with a result of € 50,961 after tax. For that financial year MV-TECH recorded a gross margin of € 539,495 and equity of € 177,097. Compared with financial year 2024, the result moved from € 37,922 to € 50,961. 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 May 13, 2026.
€ 177,097
▲ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,961
▲ 34% vs 2024
Profit after tax over the fiscal year.
€ 14,455
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 167,097.
People and assets in 2025
8.2
▲ 3.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 399,439
▲ 50% vs 2024
€ 48,700 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.
€ 19,117
▲ € 18,890 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 187,466
▼ 28% vs 2024
Loans from banks and other lenders, long and short.
€ 828,485
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 77,383
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 287,471 | € 375,825 | € 443,977 | € 539,495 | ▲ 22% |
| Profit after taxes | € 23,285 | € 27,599 | € 37,922 | € 50,961 | ▲ 34% |
| Equity | € 60,614 | € 88,213 | € 126,135 | € 177,097 | ▲ 40% |
| Total debts | € 1,329,414 | € 1,059,855 | € 1,089,589 | € 1,167,270 | ▲ 7% |
| Cash | € 29,879 | - | - | € 14,455 | |
| Land & buildings | € 32,739 | € 29,200 | € 25,661 | € 22,122 | ▼ 14% |
| Retained profit | € 50,614 | € 78,213 | € 116,135 | € 167,097 | ▲ 44% |
| Bank debt | € 400,220 | € 295,308 | € 259,079 | € 187,466 | ▼ 28% |
| Balance sheet total | € 1,390,028 | € 1,148,068 | € 1,215,724 | € 1,344,367 | ▲ 11% |
| Employees (FTE) | 3.5 | 4.3 | 4.6 | 8.2 | ▲ 3.6 |
Key figures of MV-TECH, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to MV-TECH?
What happened at MV-TECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 50,961 (▲ 34% vs 2024). filed late Source: NBB ↗
- New establishment in Eeklo. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,285 profit in 2022 to € 50,961 profit in 2025.
Paid € 41,839 in corporate taxes since 2022.
Best year ever: 2025, with € 50,961 profit.
On average € 65,800 of value added per employee in 2025.
A new publication or filing at MV-TECH? 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 MV-TECH are Isabel Maes and Mathias Vandevoorde. Mathias Vandevoorde is also behind IMMATHO, M.V.T. TRANS and KAAI WOESTIJNE.
Directors
According to the 2025 annual accounts
Isabel Maes
Director
Establishments
Establishment units
Physical locations of this company
Zeelaan 11
9900 Eeklo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →SCOPIC
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€ 1.3 million gross margin · 2025
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€ 1.4 million gross margin · 2025
THOMAS VANDEVOORDE
€ 25.3 million revenue · 2025
M.V.T. TRANS same network
€ 4.4 million gross margin · 2025
+2 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
- 0738.383.893
- VAT number
- BE 0738.383.893
- Registered office
- Zeelaan 11, 9900 Eeklo
- Names & denominations
- MV-TECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 November 2019
- Peppol
- Active · Active since 15 Jan 2026
- Activities · NACE
Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)
Carrosserieherstelling (inclusief spuiten en verven)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Carrosserieherstelling
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)