Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 26 to 15.6.
Financials
Financial year 2025
M Technologies Belux from Merelbeke-Melle, company number BE0869518688, closed financial year 2025 with a result of € 64,918 after tax. For that financial year M Technologies Belux recorded revenue of € 4.9 million and equity of € 563,796. Compared with financial year 2024, the result moved from € -115,202 to € 64,918. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 563,796
▲ € 1.6 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 64,918
▲ still € 115,202 loss in 2024
Profit after tax over the fiscal year.
€ 20,933
▲ 41% 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 € 102,296.
People and assets in 2025
15.6
▼ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▼ 13% vs 2024
€ 91,600 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.
€ 13,363
▲ 71% 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.
€ 839,205
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 86 days on average.
€ 294,649
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,353,667 | € 7,906,833 | € 7,243,805 | € 4,921,148 | ▼ 32% |
| Profit after taxes | € -412,190 | € -1,446,391 | € -115,202 | € 64,918 | ▲ € 180,120 |
| Equity | € 557,249 | € -889,142 | € -1,004,344 | € 563,796 | ▲ € 1.6 million |
| Total debts | € 4,042,562 | € 3,812,522 | € 3,270,163 | € 1,133,854 | ▼ 65% |
| Cash | € 190,283 | € 136,406 | € 14,862 | € 20,933 | ▲ 41% |
| Land & buildings | € 32,347 | € 35,839 | € 30,818 | € 25,797 | ▼ 16% |
| Retained profit | € 95,749 | € -1,350,642 | € -1,465,844 | € 102,296 | ▲ € 1.6 million |
| Balance sheet total | € 4,613,625 | € 3,280,292 | € 2,466,819 | € 1,738,649 | ▼ 30% |
| Employees (FTE) | 25.4 | 26 | 18 | 15.6 | ▼ 2.4 |
Key figures of M Technologies Belux, 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 M Technologies Belux?
What happened at M Technologies Belux in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- M13 Investissements SAS stepped down as director. NBB
- M14 Investissements SAS stepped down as director. NBB
- M12 Investissements SAS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 64,918. Source: NBB ↗
- M13 Investissements SAS became a director. NBB
- New establishment in Merelbeke-Melle. KBO
- M14 Investissements SAS became a director. NBB
- M12 Investissements SAS became a director. NBB
In short
From € 412,190 loss in 2022 to € 64,918 profit in 2025.
Paid € 11,787 in corporate taxes since 2022.
Best year ever: 2025, with € 64,918 profit.
Pays suppliers within 86 days on average.
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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 shares are held by M TECHNOLOGIES SAS and BERGERAT MONNOYEUR NV.
Directors
According to the 2025 annual accounts
Director · represented by Laure Thoraval
since 2026 · until 2030
Director · represented by Olivier Ferrand
Also active at: Bergerat Monnoyeur
since 2018 · until 2030
Managing director · represented by Philippe Monnoyeur
Also active at: Bergerat Monnoyeur
since 2018 · until 2030
Shareholders
M TECHNOLOGIES SAS
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gontrode Heirweg 304
9090 Merelbeke-Melle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0869.518.688
- VAT number
- BE 0869.518.688
- Registered office
- Gontrode Heirweg 304, 9090 Merelbeke-Melle
- Names & denominations
- M Technologies Belux
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 2004
- Peppol
- Active · Active since 2 Feb 2026
- Activities · NACE
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Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen
Handelsbemiddeling in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen
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Groothandel in machines voor mijnbouw, de bouwnijverheid en de weg- en waterbouw
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