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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Busy address KBO
38 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MITEL BELGIUM from Mechelen, company number BE0860042580, closed financial year 2025 with a result of € 437,034 after tax. For that financial year MITEL BELGIUM recorded a gross margin of € 5.8 million and equity of € 4.9 million. Compared with financial year 2024, the result moved from € 128,874 to € 437,034. Profitable, and profit is growing. 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 9, 2026.
€ 4.9 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 437,034
▲ 239% vs 2024
Profit after tax over the fiscal year.
€ 330,082
▼ 16% 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 € 1.1 million.
People and assets in 2025
23.5
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.5 million
▲ 43% vs 2024
€ 235,300 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 807,751
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2.2 million
▲ 85% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,266,731 | € 4,075,229 | € 4,329,440 | € 5,824,642 | ▲ 35% |
| Profit after taxes | € 201,333 | € 150,475 | € 128,874 | € 437,034 | ▲ 239% |
| Equity | € 4,222,803 | € 4,373,278 | € 4,502,152 | € 4,939,208 | ▲ 10% |
| Total debts | € 6,402,999 | € 3,827,549 | € 2,811,035 | € 3,331,458 | ▲ 19% |
| Cash | € 145,919 | € 335,106 | € 392,010 | € 330,082 | ▼ 16% |
| Retained profit | € 394,535 | € 545,010 | € 673,884 | € 1,110,919 | ▲ 65% |
| Dividend | € 4,500,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 10,740,001 | € 12,090,980 | € 9,436,064 | € 8,620,159 | ▼ 9% |
| Employees (FTE) | 18.7 | 19.3 | 25 | 23.5 | ▼ 1.5 |
Key figures of MITEL BELGIUM, 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 MITEL BELGIUM?
What happened at MITEL BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alain Huys stepped down as director. NBB
- Gregory HISCOCK stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 437,034 (▲ 239% vs 2024). Source: NBB ↗
- Alain Huys became a director. NBB
- Gregory HISCOCK became a director. NBB
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 201,333 profit in 2022 to € 437,034 profit in 2025.
Paid € 499,726 in corporate taxes since 2022.
Best year ever: 2025, with € 437,034 profit.
On average € 247,900 of value added per employee in 2025.
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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
Directors
According to the 2025 annual accounts
Alain Huys
Director
since 2024 · until 2031
Gregory HISCOCK
Director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Kardinaal Mercierplein 2
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 38 companies are registered at this address.
All companies at this address →FRUTAROM BELGIUM
€ 2.2 million revenue · 2025
Motorola Solutions Belgium
€ 931,294 gross margin · 2025
ESKENS BENELUX
€ 276,312 gross margin · 2025
HERA
€ 477,015 gross margin · 2025
ICON Clinical Research Belgium
€ 42.5 million revenue · 2024
+33 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0860.042.580
- VAT number
- BE 0860.042.580
- Registered office
- Kardinaal Mercierplein 2, 2800 Mechelen
- Names & denominations
- MITEL BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 August 2003
- Peppol
- Active · Active since 13 Apr 2026
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