Financials
Financial year 2025
MUTEC from Waregem, company number BE0810416291, closed financial year 2025 with a result of € 29,800 after tax. For that financial year MUTEC recorded revenue of € 13.4 million and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 184,247 to € 29,800. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 2.4 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 29,800
▼ 84% vs 2024
Profit after tax over the fiscal year.
€ 782,376
▲ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.2 million.
People and assets in 2025
31.2
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▲ 12% vs 2024
€ 71,600 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.
€ 388,043
▲ 62% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.7 million
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 83 days on average.
€ 179,532
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 17,897,419 | € 17,039,921 | € 15,034,136 | € 13,415,652 | ▼ 11% |
| Profit after taxes | € 1,414,860 | € 537,381 | € 184,247 | € 29,800 | ▼ 84% |
| Equity | € 3,625,919 | € 2,163,301 | € 2,347,548 | € 2,377,348 | ▲ 1% |
| Total debts | € 3,651,572 | € 5,584,597 | € 3,882,553 | € 3,603,751 | ▼ 7% |
| Cash | € 3,391,091 | € 2,546,922 | € 551,363 | € 782,376 | ▲ 42% |
| Land & buildings | - | € 10,319 | € 8,032 | € 5,745 | ▼ 28% |
| Retained profit | € 3,407,369 | € 1,944,751 | € 2,128,998 | € 2,158,798 | ▲ 1% |
| Dividend | € 0 | € 2,000,000 | € 0 | € 0 | |
| Balance sheet total | € 7,277,492 | € 7,747,897 | € 6,230,101 | € 5,981,099 | ▼ 4% |
| Employees (FTE) | 27.9 | 28.4 | 30.3 | 31.2 | ▲ 0.9 |
Key figures of MUTEC, 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 MUTEC?
What happened at MUTEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VEERLE NAESSENS stepped down as director. NBB
- SEM NAESSENS stepped down as director. NBB
- FILIP VAN HAUTEGEM stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 29,800 (▼ 84% vs 2024). Source: NBB ↗
- INGELBEEN BV became a director. NBB
- VEERLE NAESSENS became a director. NBB
- SEM NAESSENS became a director. NBB
- FILIP VAN HAUTEGEM became a director. NBB
In short
From € 1.4 million profit in 2022 to € 29,800 profit in 2025.
Paid € 821,327 in corporate taxes since 2022.
Best year ever: 2022, with € 1.4 million profit.
Paid out € 2 million in dividends to the owners in total.
A new publication or filing at MUTEC? 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
The stake of WILLY NAESSENS BUILD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MUTECBehind MUTEC are INGELBEEN BV and DEROOSE PROJECTS NV. The shares are held by WILLY NAESSENS BUILD (100%).
Directors
According to the 2025 annual accounts
Director · represented by Dennis Ingelbeen
Also active at: Megaton, Groeninghe, Bekaert Depla, URTEX, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW, BELTAP, EDIBO +35 more
since 2025
Director · represented by Dirk Deroose
Also active at: Megaton, Groeninghe, UpFresh, Bekaert Depla, URTEX, FRANKY, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW +61 more
since 2019
VEERLE NAESSENS
Director
Also active at: Megaton, Groeninghe, UpFresh, Bekaert Depla, URTEX, FRANKY, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW +50 more
since 2023 · until 2029
SEM NAESSENS
Director
Also active at: Megaton, Groeninghe, Bekaert Depla, URTEX, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW, BELTAP, OLYMPIC FIRE +43 more
since 2023 · until 2029
FILIP VAN HAUTEGEM
Director
Also active at: Megaton, Groeninghe, Bekaert Depla, URTEX, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW, BELTAP, OLYMPIC FIRE +38 more
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Eugène Bekaertlaan 55
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0810.416.291
- VAT number
- BE 0810.416.291
- Registered office
- Eugène Bekaertlaan 55, 8790 Waregem
- Names & denominations
- MUTEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 March 2009
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
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