ACTIVE

MTE

Financial year 2022 · closed on 31/12/2022
Net result
-264 k €
-17895.9% YoY
Gross margin
-2,5 k €
-101.0% YoY
Equity
241,2 k €
-52.3% YoY

What does MTE do?

MTE is a Limited partnership incorporated in 1984. Its registered office is in Brugge.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0427.924.507
Incorporation
31/12/1984
Legal form
Limited partnership
Registered office
Langerei 66
8000 Brugge · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2022
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin-2,5 k €257,2 k €296,7 k €242,2 k €492,2 k €8,2 k €9,5 k €14,8 k €14 k €16,2 k €10,9 k €6,8 k €9,4 k €8,9 k €8,6 k €7,9 k €
EBITDA-4,6 k €255,2 k €294,7 k €240,3 k €491,2 k €6,2 k €7,6 k €12,8 k €12,2 k €14,2 k €8,9 k €4,9 k €7,4 k €7,3 k €7,1 k €7,1 k €
Operating result-225,6 k €33,4 k €90,8 k €74,3 k €434,9 k €2,8 k €4,1 k €7,2 k €8,8 k €13,7 k €6,3 k €-1,5 k €1,1 k €936,9 €710,3 €752,8 €
Net result-264 k €-1,5 k €52,9 k €54,2 k €283,7 k €1 k €2,1 k €14,7 k €15,8 k €19,5 k €10,9 k €3,5 k €6,8 k €6,7 k €6,6 k €685 €
Balance sheet
Equity241,2 k €505,3 k €506,7 k €453,8 k €399,6 k €115,9 k €114,9 k €112,8 k €361,1 k €245,3 k €225,8 k €214,9 k €211,4 k €204,5 k €197,8 k €191,2 k €
Total assets3,2 M €3,3 M €3,2 M €1,6 M €562,3 k €150,7 k €154,9 k €157,5 k €363 k €247,3 k €228,2 k €221,1 k €213,1 k €205,9 k €198,7 k €347,2 k €
Cash1,1 k €21,2 k €786,1 k €154,8 k €93,7 k €2,3 k €3,1 k €1,5 k €458,1 €206,8 €885,4 €294,7 €3,3 €1,2 k €1,4 k €1 k €
Debts3 M €2,8 M €2,7 M €1,2 M €162,7 k €33,9 k €37,2 k €44,7 k €1,8 k €1,9 k €2,4 k €6,2 k €1,6 k €625,5 €140,8 €154,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active · 6 ended

Active mandates

COBAN

Manager · 0463.074.139

Represented by Barend Van den Brande

Active

Ended mandates

COBAN

Manager · since 01 juillet 2017 · 0463.074.139

Represented by Barend Van den Brande

Ended
COBAN

Manager · 0463.074.139

Represented by Barend Van den Brande

Ended
COBAN

Director · 0463.074.139

Represented by Barend Van den Brande

Ended
COBAN

Manager · 0463.074.139

Represented by Barend Van den Brande

Ended
At this address

Other companies at this address

CompanyCBE no.
AnbaActive
0743.714.440
COBANActive
0463.074.139
Coban VCActive
1024.908.829
Annual accounts

Full financial information

202220212020201920182017
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/07/201701/07/2016
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201830/06/2017
Length of the financial year12 months12 months12 months12 months18 months12 months
Filing date29/08/202329/07/202231/08/202116/07/202028/08/201903/01/2018
General meeting06/06/202307/06/202201/06/202102/06/202004/06/201902/10/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202206/06/202329/08/2023DutchPDF
Micro model31/12/202107/06/202229/07/2022DutchPDF
Micro model31/12/202001/06/202131/08/2021DutchPDF
Micro model31/12/201902/06/202016/07/2020DutchPDF
Micro model31/12/201804/06/201928/08/2019DutchPDF
Micro model30/06/201702/10/201703/01/2018DutchPDF
Abridged model30/06/201617/12/201631/01/2017DutchPDF
Abridged model30/06/201519/12/201522/12/2015DutchPDF
Abridged model30/06/201420/12/201408/01/2015DutchPDF
Abridged model30/06/201321/12/201330/12/2013DutchPDF
Abridged model30/06/201215/12/201208/01/2013DutchPDF
Abridged model30/06/201117/12/201117/01/2012DutchPDF
Abridged model30/06/201018/12/201010/01/2011DutchPDF
Abridged model30/06/200930/12/200929/01/2010DutchPDF
Abridged model30/06/200830/12/200829/01/2009DutchPDF
Abridged model30/06/200729/12/200721/01/2008DutchPDF
Abridged model30/06/200630/12/200629/01/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2022 · 1 active · 6 ended

Active mandates

COBAN

Manager · 0463.074.139

Represented by Barend Van den Brande

Active

Ended mandates

COBAN

Manager · since 01 juillet 2017 · 0463.074.139

Represented by Barend Van den Brande

Ended
COBAN

Manager · 0463.074.139

Represented by Barend Van den Brande

Ended
COBAN

Director · 0463.074.139

Represented by Barend Van den Brande

Ended
COBAN

Manager · 0463.074.139

Represented by Barend Van den Brande

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/01/2024
    WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates29/11/2017
    BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares18/02/2015
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates12/09/2003
    ONTSLAGEN - BENOEMINGEN - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN
    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

Timeline

  1. 2022
    Annual accounts 2022-264 k €
  2. 2021
    Annual accounts 2021-1,5 k €
  3. 2020
    Annual accounts 202052,9 k €
  4. 2019
    Annual accounts 201954,2 k €
  5. 2018
    Annual accounts 2018283,7 k €
  6. 2017
    Annual accounts 20171 k €
  7. 2017
    Name changeMTE
  8. 2016
    Annual accounts 20162,1 k €
  9. 2015
    Annual accounts 201514,7 k €
  10. 2014
    Annual accounts 201415,8 k €
  11. 2013
    Annual accounts 201319,5 k €
  12. 2012
    Annual accounts 201210,9 k €
  13. 2011
    Annual accounts 20113,5 k €
  14. 2010
    Annual accounts 20106,8 k €
  15. 2009
    Annual accounts 20096,7 k €
  16. 2008
    Annual accounts 20086,6 k €
  17. 2007
    Annual accounts 2007685 €
  18. 2007
    Name changeV.D.S.
  19. 31/12/1984
    IncorporationLimited partnership