ACTIVE

MTH-IMMO

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Financial year 2025 · closed on 30/06/2025

Net result

112,9 k €

+7.0% YoY

Gross margin

197,9 k €

+21.1% YoY

Equity

4,3 M €

+2.7% YoY

What does MTH-IMMO do?

MTH-IMMO is a Private limited company incorporated in 1983. Its registered office is in Grez-Doiceau.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0423.599.592

Incorporation

01/01/1983

Legal form

Private limited company

Registered office

Vivier Hanquet 12
1390 Grez-Doiceau · WallonieSee on map

Contributed capital

18 592,01 €

Latest accounts

30/06/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2008		2007		2006
Income statement
Gross margin	197,9 k €	+21.1%	163,5 k €	+10.7%	147,7 k €	-97.1%	5 M €	+1767%	269 k €	-42.5%	467,8 k €	+20.7%	387,5 k €	+62.1%	239 k €	-88.9%	2,2 M €	+494%	363,7 k €	+54.3%	235,6 k €	-37.8%	378,6 k €	+7.4%	352,5 k €	+1.4%	347,5 k €	+2.2%	339,8 k €	-1.9%	346,3 k €	+46.5%	236,5 k €	+0.1%	236,3 k €	+0.3%	235,6 k €
EBITDA	172,3 k €	+23.6%	139,4 k €	+16.4%	119,7 k €	-97.6%	5 M €	+2251%	211,2 k €	-48.7%	411,9 k €	+26.2%	326,4 k €	+66.5%	196 k €	-89.4%	1,9 M €	+551%	284,4 k €	+79.2%	158,7 k €	-47.5%	302,5 k €	+6.6%	283,7 k €	+3.0%	275,6 k €	+0.8%	273,2 k €	-3.1%	282,1 k €	+61.3%	174,9 k €	-0.8%	176,3 k €	+0.7%	175,1 k €
Operating result	104,1 k €	+45.2%	71,7 k €	+35.9%	52,8 k €	-98.9%	4,9 M €	+9299%	52,1 k €	-77.3%	230,1 k €	+60.0%	143,8 k €	+970%	13,4 k €	-99.2%	1,7 M €	+835%	187 k €	+205%	61,2 k €	-70.1%	205 k €	+11.1%	184,6 k €	+6.1%	174 k €	+1.3%	171,7 k €	-2.2%	175,6 k €	+66.0%	105,7 k €	-1.4%	107,2 k €	+19.4%	89,8 k €
Net result	112,9 k €	+7.0%	105,5 k €	+59.5%	66,1 k €	-98.2%	3,7 M €	+27296%	13,4 k €	-88.7%	118,2 k €	+70.6%	69,3 k €	+327%	-30,6 k €	-103%	1,1 M €	+784%	129,5 k €	-64.5%	364,6 k €	+189%	126,1 k €	+22.7%	102,8 k €	+25.9%	81,7 k €	+6.8%	76,5 k €	+17.2%	65,3 k €	+13.8%	57,3 k €	+170%	21,2 k €	+8.1%	19,7 k €
Balance sheet
Equity	4,3 M €	+2.7%	4,2 M €	-34.4%	6,4 M €	+1.0%	6,3 M €	+140%	2,6 M €	+0.5%	2,6 M €	+4.7%	2,5 M €	+2.8%	2,4 M €	-1.2%	2,5 M €	+87.0%	1,3 M €	+10.9%	1,2 M €	+44.4%	822,1 k €	+18.1%	696 k €	+17.3%	593,2 k €	+16.0%	511,5 k €	+17.6%	435 k €	+17.6%	369,8 k €	+18.4%	312,4 k €	+7.3%	291,2 k €
Total assets	4,4 M €	+2.5%	4,3 M €	-38.5%	7 M €	+1.6%	6,9 M €	+110%	3,3 M €	-31.3%	4,8 M €	+3.1%	4,6 M €	+0.5%	4,6 M €	-22.6%	6 M €	+171%	2,2 M €	-3.4%	2,3 M €	+8.9%	2,1 M €	-3.7%	2,2 M €	-6.5%	2,3 M €	-8.4%	2,5 M €	+7.1%	2,4 M €	+35.0%	1,8 M €	-7.3%	1,9 M €	-3.3%	2 M €
Cash	1,8 M €	+1245%	131,7 k €	-96.3%	3,5 M €	-16.5%	4,2 M €	+763%	487,7 k €	-74.1%	1,9 M €	+530%	298,6 k €	+207%	97,3 k €	-26.0%	131,5 k €	+329%	30,7 k €	+185%	10,8 k €	+5.8%	10,2 k €	+7.8%	9,4 k €	-35.2%	14,6 k €	-72.1%	52,2 k €	+1540%	3,2 k €	+586%	464 €	-90.5%	4,9 k €	+121600%	4 €
Debts	129,4 k €	-3.1%	133,5 k €	-78.9%	634 k €	+6.9%	593 k €	-9.4%	654,5 k €	-69.8%	2,2 M €	+1.1%	2,1 M €	-1.7%	2,2 M €	-37.7%	3,5 M €	+300%	873,7 k €	-19.2%	1,1 M €	-14.2%	1,3 M €	-14.0%	1,5 M €	-14.4%	1,7 M €	-15.0%	2 M €	+5.0%	1,9 M €	+39.8%	1,4 M €	-12.5%	1,6 M €	-4.9%	1,6 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 1 ended

Active mandates

Bart VAN GAEL

Director · since 11 juin 1993

Active

Ended mandates

BART VAN GAEL

Manager · since 11 juin 1993

Ended

At this address

Other companies at this address

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G.M. PAINT CARROSSERIE SERVICE● Active	0473.079.391

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/02/2026	13/02/2025	01/02/2024	31/01/2023	08/02/2022	02/02/2021
General meeting	02/12/2025	03/12/2024	05/12/2023	06/12/2022	07/12/2021	01/12/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	02/12/2025	02/02/2026	French	PDF
Abridged model	30/06/2024	03/12/2024	13/02/2025	French	PDF
Abridged model	30/06/2023	05/12/2023	01/02/2024	French	PDF
Micro model	30/06/2022	06/12/2022	31/01/2023	French	PDF
Micro model	30/06/2021	07/12/2021	08/02/2022	French	PDF
Abridged model	30/06/2020	01/12/2020	02/02/2021	French	PDF
Abridged model	30/06/2019	03/12/2019	31/01/2020	French	PDF
Abridged model	30/06/2018	04/12/2018	19/02/2019	French	PDF
Abridged model	30/06/2017	05/12/2017	30/01/2018	French	PDF
Abridged model	30/06/2016	06/12/2016	24/01/2017	French	PDF
Abridged model	30/06/2015	01/12/2015	27/01/2016	French	PDF
Abridged model	30/06/2014	02/12/2014	09/02/2015	French	PDF
Abridged model	30/06/2013	03/12/2013	15/01/2014	French	PDF
Abridged model	30/06/2012	04/12/2012	16/01/2013	French	PDF
Abridged model	30/06/2011	06/12/2011	25/01/2012	French	PDF
Abridged model	30/06/2010	07/12/2010	25/01/2011	French	PDF
Abridged model	31/12/2008	15/06/2009	26/06/2009	French	PDF
Abridged model	31/12/2007	16/06/2008	26/06/2008	French	PDF
Abridged model	31/12/2006	18/06/2007	02/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 1 ended

Active mandates

Bart VAN GAEL

Director · since 11 juin 1993

Active

Ended mandates

BART VAN GAEL

Manager · since 11 juin 1993

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/02/2024
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office29/08/2017
SIEGE SOCIAL
PDF
Mandates09/10/2009
DENOMINATION - OBJET - CAPITAL, ACTIONS - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025112,9 k €↑
2024
Annual accounts 2024105,5 k €↑
2023
Annual accounts 202366,1 k €↓
2022
Annual accounts 20223,7 M €↑
2021
Annual accounts 202113,4 k €↓
2020
Annual accounts 2020118,2 k €↑
2019
Annual accounts 201969,3 k €↑
2018
Annual accounts 2018-30,6 k €↓
2017
Annual accounts 20171,1 M €↑
2016
Annual accounts 2016129,5 k €↓
2015
Annual accounts 2015364,6 k €↑
2014
Annual accounts 2014126,1 k €↑
2013
Annual accounts 2013102,8 k €↑
2012
Annual accounts 201281,7 k €↑
2011
Annual accounts 201176,5 k €↑
2010
Annual accounts 201065,3 k €↑
2008
Annual accounts 200857,3 k €↑
2007
Annual accounts 200721,2 k €↑
2006
Annual accounts 200619,7 k €
01/01/1983
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MTH-IMMO

Overview

What does MTH-IMMO do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline