Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
MTI from Hamme (Vl.), company number BE0754868351, closed financial year 2025 with a result of € -10,786 after tax. For that financial year MTI recorded revenue of € 215,501 and equity of € 44,105. Compared with financial year 2024, the result moved from € 14,862 to € -10,786. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 1, 2026.
€ 44,105
▼ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,786
▼ still € 14,862 profit in 2024
Profit after tax over the fiscal year.
€ 39,831
▲ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 14,105.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 33,872
▼ 64% 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.
€ 39,532
▼ 38% vs 2024
Of which on lease € 29,342.
Debts at end 2025
€ 30,191
▼ 46% vs 2024
€ 18,517 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 14,782
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,267
▼ 44% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 306,797 | - | € 422,869 | € 215,501 | ▼ 49% |
| Gross margin | € 115,997 | € 148,546 | € 161,820 | € 59,114 | ▼ 63% |
| Profit after taxes | € 16,552 | € -9,280 | € 14,862 | € -10,786 | ▼ € 25,648 |
| Equity | € 49,309 | € 40,029 | € 54,891 | € 44,105 | ▼ 20% |
| Total debts | € 179,256 | € 155,164 | € 110,566 | € 60,240 | ▼ 46% |
| Cash | € 14,208 | € 22,353 | € 25,802 | € 39,831 | ▲ 54% |
| Retained profit | € 19,309 | € 10,029 | € 24,891 | € 14,105 | ▼ 43% |
| Bank debt | € 126,205 | € 82,662 | € 55,571 | € 30,191 | ▼ 46% |
| Balance sheet total | € 228,565 | € 195,194 | € 165,458 | € 104,345 | ▼ 37% |
Key figures of MTI, 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.
Ask about MTI the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
Connect ChatGPT or Claude for free- ChatGPT
- Claude
Free account, no payment card. Key figures unlimited, the annual accounts and deeds of 10 companies a month. Need more? Get in touch, we are looking for our first pilot users.
What happened to MTI?
What happened at MTI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,786 (▼ € 25,648 vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Hamme (Vl.). KBO
- Mustafa Sezgin Mustafa became a director. NBB
In short
From € 16,552 profit in 2022 to € 10,786 loss in 2025.
Paid € 8,358 in corporate taxes since 2022.
Best year ever: 2022, with € 16,552 profit.
Management
Behind MTI is Mustafa Sezgin Mustafa.
Directors
According to the 2025 annual accounts
Mustafa Sezgin Mustafa
Bestuurder
since 2020
Establishments
Establishment units
Physical locations of this company
Mandemakerstraat 69
9220 Hamme (Vl.)
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- MUSTAFA Mustafa(oprichter) 100%
Details
- Company number
- 0754.868.351
- VAT number
- BE 0754.868.351
- Registered office
- Mandemakerstraat 69, 9220 Hamme (Vl.)
- Names & denominations
- MTI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 2020
- Peppol
- Active · Active since 20 Apr 2025
- Activities · NACE
Goederenvervoer over de weg
Overige posterijen en koeriers