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 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Mth Construct from Sombreffe, company number BE0775711176, closed financial year 2025 with a result of € -59,234 after tax. For that financial year Mth Construct recorded a gross margin of € 65,106 and equity of € 52,357. Compared with financial year 2024, the result moved from € 3,213 to € -59,234. The company made a loss. The buffer shrank hard: equity is 58 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 7, 2026.
€ 52,357
▼ 58% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -59,234
▼ still € 3,213 profit in 2024
Profit after tax over the fiscal year.
€ 2,962
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 46,357.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 148,993
▼ 60% vs 2024
Of which on lease € 7,467.
Debts at end 2025
€ 133,849
▼ 59% vs 2024
€ 59,536 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 27,938
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 110,777 | € 145,896 | € 101,130 | € 65,106 | ▼ 36% |
| Profit after taxes | € 50,322 | € 63,821 | € 3,213 | € -59,234 | ▼ € 62,448 |
| Equity | € 56,322 | € 120,143 | € 123,356 | € 52,357 | ▼ 58% |
| Total debts | € 251,215 | € 391,218 | € 365,637 | € 162,215 | ▼ 56% |
| Cash | € 21,268 | € 62,764 | € 39,168 | € 2,962 | ▼ 92% |
| Retained profit | € 50,322 | € 114,143 | € 117,356 | € 46,357 | ▼ 60% |
| Dividend | € 0 | € 0 | € 0 | € 11,765 | |
| Bank debt | € 188,675 | € 304,112 | € 324,411 | € 133,849 | ▼ 59% |
| Balance sheet total | € 307,537 | € 511,361 | € 488,994 | € 214,572 | ▼ 56% |
Key figures of Mth Construct, 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 Mth Construct?
What happened at Mth Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 59,234 (▼ € 62,448 vs 2024). filed late Source: NBB ↗
- New establishment in Sombreffe. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,322 profit in 2022 to € 59,234 loss in 2025.
Paid € 19,864 in corporate taxes since 2022.
Best year ever: 2023, with € 63,821 profit.
Paid out € 11,765 in dividends to the owners in total.
Management
Behind Mth Construct is Mathieu Derijcke. Mathieu Derijcke is also behind Mth Agri.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue des Communes 13
5140 Sombreffe
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0775.711.176
- VAT number
- BE 0775.711.176
- Registered office
- Rue des Communes 13, 5140 Sombreffe
- Names & denominations
- Mth Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 October 2021
- Peppol
- Active · Active since 14 Nov 2025
- Activities · NACE
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