Active · per the CBE, 29 October 2026

MtM

BE0753930619

Rechtspersoon Private limited company 1 establishment

MtM is a construction company in Gent. Private Limited, started on 10 September 2020, 1 establishment.

Kortrijksesteenweg 1168 box 101, 9051 Gent

Behind the company: Gustaaf VOF, Valérie Vanermen.

Active for

6 year, 1 month

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 3 of the last 4 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MtM from Gent, company number BE0753930619, closed financial year 2025 with a result of € 99,900 after tax. For that financial year MtM recorded a gross margin of € 118,155 and equity of € -175,477. Compared with financial year 2024, the result moved from € 58,132 to € 99,900. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.

What it is worth Caution

€ -175,477

▲ € 99,900 vs 2024

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

Profit Growing

€ 99,900

▲ 72% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2,288

▲ € 1,854 vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -375,477.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2025

Bank debt

€ 193,259

▼ 91% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 13,247

▼ 66% vs 2024

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

Taxes

€ 40

▼ 99% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 207,959 € -279,254 € 187,914 € 118,155 ▼ 37%
Profit after taxes € 152,451 € -500,472 € 58,132 € 99,900 ▲ 72%
Equity € 166,964 € -333,508 € -275,377 € -175,477 ▲ € 99,900
Total debts € 3,188,691 € 4,164,671 € 2,156,742 € 207,770 ▼ 90%
Cash € 8,857 € 205,669 € 434 € 2,288 ▲ € 1,854
Retained profit € -33,036 € -533,508 € -475,377 € -375,477 ▲ € 99,900
Dividend € 150,000 € 0 € 0 € 0
Bank debt € 3,127,188 € 3,966,371 € 2,112,315 € 193,259 ▼ 91%
Balance sheet total € 3,355,655 € 3,831,163 € 1,881,365 € 32,293 ▼ 98%

Key figures of MtM, 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 MtM?

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

  • New annual accounts for financial year 2025: profit of € 99,900 (▲ 72% vs 2024). Source: NBB ↗
  • Gustaaf VOF became a director. NBB
  • Valérie Vanermen became a director. NBB
  • New establishment in Gent. KBO
  • Start of the company according to the CBE. KBO

In short

From € 152,451 profit in 2022 to € 99,900 profit in 2025.

Best year ever: 2022, with € 152,451 profit.

Paid out € 150,000 in dividends to the owners in total.

Management

LIEMAX 33.5%
Milhouse 23.5%

The stake of LIEMAX, Milhouse comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MtM

Behind MtM are Gustaaf VOF and Valérie Vanermen. The shares are held by LIEMAX (33.5%) and Milhouse (23.5%).

Directors

According to the 2025 annual accounts

Gustaaf VOF

Director · represented by Julie Vanermen

since 2021

Valérie Vanermen

Director

since 2021

Shareholders

LIEMAX

33.5%

Milhouse

23.5%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Kortrijksesteenweg 1168 box 101

9051 Gent

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

Details

Company number
0753.930.619
VAT number
BE 0753.930.619
Registered office
Kortrijksesteenweg 1168 bus 101, 9051 Gent
Names & denominations
MtM
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
10 September 2020
Peppol
Active · Active since 2 Dec 2025
Activities · NACE

Algemene bouw van residentiële gebouwen

Frequently asked questions

What does MtM do?
MtM is a construction company in Gent. Private Limited, started on 10 September 2020, 1 establishment.
What is the address of MtM?
The registered office of MtM is located at Kortrijksesteenweg 1168 box 101, 9051 Gent.
Is MtM still active?
Yes. According to the CBE (29 October 2026) MtM is active, legal situation “Normale toestand”, started on 10 September 2020.
Is MtM registered on Peppol?
Yes, MtM is registered on the Peppol network with ID 0208:0753930619.
What is the enterprise number of MtM?
The enterprise number of MtM is BE0753930619.
When was MtM founded?
MtM was founded on 10 September 2020.