Financials
Financial year 2025
MTM bouw & afwerking from Wevelgem, company number BE0755805687, closed financial year 2025 with a result of € 23,696 after tax. For that financial year MTM bouw & afwerking recorded a gross margin of € 54,602 and equity of € 159,549. Compared with financial year 2024, the result moved from € 41,557 to € 23,696. The company is profitable. 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 May 26, 2026.
€ 159,549
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,696
▼ 43% vs 2024
Profit after tax over the fiscal year.
€ 65,052
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 35,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 457
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,379
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 225,508
▼ 10% vs 2024
€ 24,422 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 1,612
▲ € 1,383 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,428
▼ 3% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 60,536 | € 84,793 | € 75,267 | € 54,602 | ▼ 27% |
| Profit after taxes | € 35,351 | € 48,908 | € 41,557 | € 23,696 | ▼ 43% |
| Equity | € 107,388 | € 156,296 | € 170,853 | € 159,549 | ▼ 7% |
| Total debts | € 270,107 | € 263,600 | € 275,524 | € 251,313 | ▼ 9% |
| Cash | € 54,926 | € 47,102 | € 101,935 | € 65,052 | ▼ 36% |
| Land & buildings | € 292,155 | € 280,825 | € 269,495 | € 258,165 | ▼ 4% |
| Retained profit | € 92,388 | € 141,296 | € 155,853 | € 144,549 | ▼ 7% |
| Dividend | € 0 | € 0 | € 27,000 | € 35,000 | ▲ 30% |
| Bank debt | € 252,724 | € 236,204 | € 249,508 | € 225,508 | ▼ 10% |
| Balance sheet total | € 377,495 | € 419,896 | € 446,378 | € 410,863 | ▼ 8% |
Key figures of MTM bouw & afwerking, 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 MTM bouw & afwerking?
What happened at MTM bouw & afwerking in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,696 (▼ 43% vs 2024). filed late Source: NBB ↗
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
- Michiel Tytgat became a director. NBB
In short
From € 35,351 profit in 2022 to € 23,696 profit in 2025.
Paid € 36,613 in corporate taxes since 2022.
Best year ever: 2023, with € 48,908 profit.
Paid out € 62,000 in dividends to the owners in total.
A new publication or filing at MTM bouw & afwerking? 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 MTM bouw & afwerking is Michiel Tytgat.
Directors
According to the 2025 annual accounts
Michiel Tytgat
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Normandiëstraat 225
8560 Wevelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0755.805.687
- VAT number
- BE 0755.805.687
- Registered office
- Normandiëstraat 225, 8560 Wevelgem
- Names & denominations
- MTM bouw & afwerking
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 October 2020
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Chapewerken
Overige gespecialiseerde bouwactiviteiten, neg
Slopen
Overige gespecialiseerde bouwwerkzaamheden