Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MBTG ET ASSOCIES from Couvin, company number BE0864442026, closed financial year 2025 with a result of € -21,372 after tax. For that financial year MBTG ET ASSOCIES recorded a gross margin of € 30,436 and equity of € 704,071. Compared with financial year 2024, the result moved from € -51,235 to € -21,372. 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 August 27, 2026.
€ 704,071
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,372
▲ 58 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,293
▼ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 628,666.
Debts at end 2025
€ 45,223
▼ 33% vs 2024
€ 25,053 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 604
▲ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -678 | € 14,733 | € 33,436 | € 30,436 | ▼ 9% |
| Profit after taxes | € -59,078 | € -114,018 | € -51,235 | € -21,372 | ▲ € 29,863 |
| Equity | € 890,696 | € 776,679 | € 725,443 | € 704,071 | ▼ 3% |
| Total debts | € 412,895 | € 450,392 | € 425,541 | € 59,531 | ▼ 86% |
| Cash | € 169,511 | € 509,979 | € 26,651 | € 3,293 | ▼ 88% |
| Land & buildings | € 574,061 | € 709,948 | € 635,240 | € 587,184 | ▼ 8% |
| Retained profit | € 822,146 | € 701,274 | € 650,038 | € 628,666 | ▼ 3% |
| Bank debt | € 100,000 | € 86,502 | € 67,230 | € 45,223 | ▼ 33% |
| Balance sheet total | € 1,303,591 | € 1,227,071 | € 1,150,984 | € 763,602 | ▼ 34% |
Key figures of MBTG ET ASSOCIES, 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 MBTG ET ASSOCIES?
What happened at MBTG ET ASSOCIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 21,372. filed late Source: NBB ↗
- MARTINE HOLLERTT became a director. NBB
- New establishment in Couvin. KBO
- Start of the company according to the CBE. KBO
In short
From € 59,078 loss in 2022 to € 21,372 loss in 2025.
A new publication or filing at MBTG ET ASSOCIES? 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 MBTG ET ASSOCIES is MARTINE HOLLERTT. MARTINE HOLLERTT is also behind MH MEDICAL.
Directors
According to the 2025 annual accounts
since 2011
Establishments
Establishment units
Physical locations of this company
Rue de l' Eau-Blanche, Mar. 7
5660 Couvin
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
- 0864.442.026
- VAT number
- BE 0864.442.026
- Registered office
- Rue de l' Eau-Blanche, Mar. 7, 5660 Couvin
- Names & denominations
- MBTG ET ASSOCIES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 2004
- Peppol
- Active · Active since 19 Mar 2025