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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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
MITIMO from Herstal, company number BE0866447649, closed financial year 2025 with a result of € -9,399 after tax. For that financial year MITIMO recorded a gross margin of € 41,834 and equity of € 331,922. Compared with financial year 2024, the result moved from € -10,313 to € -9,399. 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 April 29, 2026.
€ 331,922
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,399
▲ 9 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -250,778.
Debts at end 2025
€ 326,167
▲ € 257,134 vs 2024
€ 22,549 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 47,942
▼ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 565
▲ 28% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 31,005 | € 40,813 | € 35,768 | € 41,834 | ▲ 17% |
| Profit after taxes | € -21,556 | € -9,800 | € -10,313 | € -9,399 | ▲ € 914 |
| Equity | € 361,433 | € 351,633 | € 341,321 | € 331,922 | ▼ 3% |
| Total debts | € 125,875 | € 132,006 | € 280,026 | € 388,475 | ▲ 39% |
| Cash | - | € 4,634 | - | - | |
| Land & buildings | € 398,209 | € 364,640 | € 433,345 | € 577,043 | ▲ 33% |
| Retained profit | € -221,267 | € -231,067 | € -241,379 | € -250,778 | ▼ € 9,399 |
| Bank debt | € 29,785 | € 49,958 | € 69,033 | € 326,167 | ▲ € 257,134 |
| Balance sheet total | € 487,308 | € 483,640 | € 621,346 | € 720,397 | ▲ 16% |
Key figures of MITIMO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to MITIMO?
What happened at MITIMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- INTERNATIONAL TRADE CORPORATION stepped down as director. NBB
- Joseph DAOU stepped down as director. NBB
- Maroun HABID stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 9,399. Source: NBB ↗
- INTERNATIONAL TRADE CORPORATION became a director. NBB
- Joseph DAOU became a director. NBB
- Maroun HABID became a director. NBB
- New establishment in Herstal. KBO
In short
From € 21,556 loss in 2022 to € 9,399 loss in 2025.
Management
The stake of INTERNATIONAL TRADE CORPORATION comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MITIMOThe shares are held by INTERNATIONAL TRADE CORPORATION (37.3%).
Directors
According to the 2025 annual accounts
INTERNATIONAL TRADE CORPORATION
Director · represented by Joseph DAOU
since 2021 · until 2027
since 2021 · until 2027
Maroun HABID
Director
since 2021 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Pierre Joseph Antoine 79 box 1
4040 Herstal
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →INTERNATIONAL TRADE CORPORATION same network
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€ -4,349 gross margin · 2025
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€ 1.4 million gross margin · 2025
JAMAR FRERES
€ 44,733 gross margin · 2025
ASTRA - AUTOS SERVICES TRANSIT
€ 6,548 gross margin · 2022
+3 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
- 0866.447.649
- VAT number
- BE 0866.447.649
- Registered office
- Rue Pierre Joseph Antoine 79 bus 1, 4040 Herstal
- Names & denominations
- MITIMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 2004
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
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