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 23 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
84 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Mitec 181 from Watermaal-Bosvoorde, company number BE0839926265, closed financial year 2025 with a result of € -75,504 after tax. For that financial year Mitec 181 recorded a gross margin of € 41,575 and equity of € 351,563. Compared with financial year 2024, the result moved from € 22,336 to € -75,504. 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 May 29, 2026.
€ 351,563
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -75,504
▼ still € 22,336 profit in 2024
Profit after tax over the fiscal year.
€ 55,356
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 351,463.
People and assets in 2025
€ 2,659
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 277,800
▲ 13% vs 2024
€ 92,314 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 25,412
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,366
▼ 78% 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 | € 213,088 | € 265,249 | € 164,986 | € 41,575 | ▼ 75% |
| Profit after taxes | € 53,877 | € 107,029 | € 22,336 | € -75,504 | ▼ € 97,841 |
| Equity | € 297,701 | € 404,731 | € 427,067 | € 351,563 | ▼ 18% |
| Total debts | € 575,001 | € 484,689 | € 340,945 | € 336,262 | ▼ 1% |
| Cash | € 68,209 | € 110,038 | € 82,433 | € 55,356 | ▼ 33% |
| Land & buildings | € 748,754 | € 700,393 | € 654,950 | € 623,346 | ▼ 5% |
| Retained profit | € 279,101 | € 404,631 | € 426,967 | € 351,463 | ▼ 18% |
| Bank debt | € 452,120 | € 338,490 | € 246,555 | € 277,800 | ▲ 13% |
| Balance sheet total | € 872,703 | € 889,420 | € 768,012 | € 687,825 | ▼ 10% |
Key figures of Mitec 181, 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 Mitec 181?
What happened at Mitec 181 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 75,504 (▼ € 97,841 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 53,877 profit in 2022 to € 75,504 loss in 2025.
Paid € 74,613 in corporate taxes since 2022.
Best year ever: 2023, with € 107,029 profit.
A new publication or filing at Mitec 181? 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 HUGUES CISELET, THIERRY EVRARD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Mitec 181Behind Mitec 181 are Immopub SRL, Thierry Evrard SRL, Hugues Ciselet SRL and Harmont Invest SRL. The shares are held by HUGUES CISELET (25%) and THIERRY EVRARD (25%).
Directors
According to the 2025 annual accounts
Director · represented by Thierry Evrard
Director · represented by Hugues Ciselet
Also active at: GIL et CO INTERNATIONAL, CETIM PROJECTS, CETIM
Shareholders
25%
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 181 box 22
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 84 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0839.926.265
- VAT number
- BE 0839.926.265
- Registered office
- Terhulpsesteenweg 181 bus 22, 1170 Watermaal-Bosvoorde
- Names & denominations
- Mitec 181
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 September 2011
- Peppol
- Not registered