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.
Financials
Financial year 2025
MBT-HOLDING from Zwevegem, company number BE0879299357, closed financial year 2025 with a result of € -990,340 after tax. For that financial year MBT-HOLDING recorded a gross margin of € 53,717 and equity of € 2.6 million. Compared with financial year 2024, the result moved from € -19,257 to € -990,340. 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 June 29, 2026.
€ 2.6 million
▼ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -990,340
▼ 5043 % more loss than in 2024
Profit after tax over the fiscal year.
€ 94,503
▲ € 94,491 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -383,362.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 586,940
€ 77,810 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 309
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,595
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 | € -7,079 | € -9,308 | € -6,620 | € 53,717 | ▲ € 60,337 |
| Profit after taxes | € -70,553 | € 146,363 | € -19,257 | € -990,340 | ▼ € 971,082 |
| Equity | € 3,454,872 | € 3,601,234 | € 3,581,977 | € 2,591,638 | ▼ 28% |
| Total debts | € 4,071,132 | € 3,816,288 | € 3,823,431 | € 3,216,198 | ▼ 16% |
| Cash | € 3,263 | € 3,373 | € 11 | € 94,503 | ▲ € 94,491 |
| Land & buildings | - | - | - | € 122,411 | |
| Retained profit | € 479,872 | € 626,234 | € 606,977 | € -383,362 | ▼ € 990,340 |
| Bank debt | € 350,000 | € 0 | € 0 | € 586,940 | |
| Balance sheet total | € 7,526,004 | € 7,417,522 | € 7,405,408 | € 5,807,835 | ▼ 22% |
Key figures of MBT-HOLDING, 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 MBT-HOLDING?
What happened at MBT-HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 990,340. Source: NBB ↗
- New establishment in Zwevegem. KBO
- Start of the company according to the CBE. KBO
- Luc Bertrem became a director. NBB
In short
From € 70,553 loss in 2022 to € 990,340 loss in 2025.
Paid € 443 in corporate taxes since 2022.
Best year ever: 2023, with € 146,363 profit.
Management
Behind MBT-HOLDING is Luc Bertrem. It owns 99.7% of B&T Vastgoed, 99.5% of MB Fashion, 50% of Living Wetteren, 50% of B&T Projects and 50% of SQR Invest itself.
Directors
According to the 2025 annual accounts
since 2006
Establishments
Establishment units
Physical locations of this company
Keiberg(H) 10
8551 Zwevegem
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 →B&T VASTGOED same network
€ -4,770 gross margin · 2025
Living Wetteren same network
€ 1,444 gross margin · 2025
MB - FASHION same network
€ 112,030 gross margin · 2025
De Zwaene same network
€ 70,091 gross margin · 2025
SQR INVEST same network
+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
- 0879.299.357
- VAT number
- BE 0879.299.357
- Registered office
- Keiberg(H) 10, 8551 Zwevegem
- Names & denominations
- MBT-HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 February 2006
- Peppol
- Active · Active since 30 Sept 2025
- Activities · NACE
Activiteiten van holdings