ACTIVE

MT

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Financial year 2025 · closed on 31/12/2025

Net result

15,7 k €

+170.7% YoY

Revenue

622,6 k €

Equity

3,8 M €

+0.4% YoY

What does MT do?

MT is a Public limited company incorporated in 1995. Its main activity is: Management consultancy activities. Its registered office is in Waterloo.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.368.874

Incorporation

30/05/1995

Legal form

Public limited company

Registered office

Chaussée de Bruxelles 231
1410 Waterloo · WallonieSee on map

Contributed capital

402 314,81 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 70311Activities of head offices; management consultancy activities 68310Real estate agencies 68311Real estate agencies 74142Specialised design activities

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	622,6 k €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	551 k €	+7.6%	512,1 k €	-16.2%	610,9 k €	+20.3%	507,6 k €	-11.7%	574,6 k €	+27.3%	451,5 k €	+8.1%	417,7 k €	-6.3%	445,9 k €	+8.8%	409,7 k €	+16.8%	350,8 k €	+33.9%	262 k €	+14.6%	228,7 k €	+3.4%	221,1 k €	-13.3%	255 k €	-3.3%	263,6 k €	+26.3%	208,6 k €	-17.3%	252,3 k €	+38.0%	182,8 k €	+17.9%	155,1 k €	+9.7%	141,3 k €
Operating result	188,3 k €	+40.1%	134,4 k €	-39.5%	222 k €	+22.8%	180,8 k €	-58.2%	432,4 k €	+43.5%	301,3 k €	+14.7%	262,8 k €	-3.8%	273,3 k €	+11.0%	246,3 k €	+22.0%	201,9 k €	+39.5%	144,7 k €	+10.5%	130,9 k €	-0.2%	131,2 k €	-18.7%	161,5 k €	-4.8%	169,6 k €	+32.1%	128,5 k €	-21.2%	163,1 k €	+45.3%	112,2 k €	+30.1%	86,3 k €	-6.7%	92,4 k €
Net result	15,7 k €	+171%	-22,2 k €	-245%	15,4 k €	-95.0%	306,8 k €	-79.8%	1,5 M €	+781%	172,9 k €	+17.8%	146,7 k €	-7.8%	159,1 k €	+28.9%	123,4 k €	+26.9%	97,3 k €	+46.4%	66,4 k €	+8.1%	61,5 k €	+12.8%	54,5 k €	-26.8%	74,4 k €	-8.1%	81 k €	-20.8%	102,3 k €	+40.6%	72,8 k €	+50.4%	48,4 k €	+43.2%	33,8 k €	-35.9%	52,7 k €
Balance sheet
Equity	3,8 M €	+0.4%	3,8 M €	-0.6%	3,8 M €	+0.4%	3,8 M €	+8.9%	3,5 M €	+78.9%	1,9 M €	+9.8%	1,8 M €	+24.9%	1,4 M €	+12.8%	1,2 M €	+11.0%	1,1 M €	+9.5%	1 M €	+6.9%	959,9 k €	+6.8%	898,4 k €	+6.5%	843,9 k €	+9.7%	769,5 k €	+11.8%	688,5 k €	+17.5%	586,2 k €	+14.2%	513,4 k €	+10.4%	465 k €	+7.8%	431,2 k €
Total assets	7,1 M €	-5.6%	7,5 M €	-5.3%	7,9 M €	-4.2%	8,3 M €	-6.2%	8,8 M €	+18.2%	7,5 M €	+13.7%	6,6 M €	+92.4%	3,4 M €	+4.5%	3,3 M €	+9.0%	3 M €	+10.3%	2,7 M €	+27.0%	2,1 M €	+5.7%	2 M €	-6.1%	2,2 M €	-2.4%	2,2 M €	+22.1%	1,8 M €	-10.7%	2 M €	+20.9%	1,7 M €	+11.6%	1,5 M €	+28.1%	1,2 M €
Cash	263,2 k €	-24.6%	349,3 k €	+44.8%	241,3 k €	-42.7%	421,2 k €	-39.3%	693,5 k €	+155%	272,5 k €	+48.5%	183,4 k €	-64.0%	509,1 k €	+38.0%	368,8 k €	+205%	120,9 k €	-54.2%	263,9 k €	+52.8%	172,8 k €	+462%	30,8 k €	-83.8%	190,1 k €	-6.5%	203,3 k €	+242%	59,4 k €	+24.1%	47,9 k €	+39.6%	34,3 k €	+111%	16,3 k €	+112%	7,7 k €
Debts	3,3 M €	-11.7%	3,7 M €	-9.9%	4,1 M €	-9.4%	4,5 M €	-15.9%	5,4 M €	-3.0%	5,5 M €	+15.0%	4,8 M €	+140%	2 M €	-0.7%	2 M €	+7.9%	1,9 M €	+10.8%	1,7 M €	+43.7%	1,2 M €	+4.6%	1,1 M €	-14.2%	1,3 M €	-8.9%	1,4 M €	+28.4%	1,1 M €	-22.2%	1,4 M €	+23.9%	1,2 M €	+12.1%	1 M €	+40.0%	739,2 k €
Other
Workforce	–		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 13 ended

Active mandates

Sébastien T'jean

Director · since 12 juin 2025 · until 12 juin 2031

Active

MILENA MARCON

Managing director · since 28 avril 2004 · until 12 juin 2031

Active

ROBERT T'JEAN

Director · since 28 avril 2004

Active

Ended mandates

Milena MARCON

Director

Ended

Milena MARCON

Managing director

Ended

MILENA MARCON

Managing director · until 21 novembre 2025

Ended

ROBERT T JEAN

Director · until 21 novembre 2015

Ended

At this address

Other companies at this address

Company	CBE no.
BW FUNERAL● Active	0792.850.284
BW IMMO● Active	0538.697.715
TM● Active	0450.715.151

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/07/2026	25/07/2025	30/08/2024	18/07/2023	01/07/2022	11/06/2021
General meeting	11/06/2026	12/06/2025	13/06/2024	08/06/2023	09/06/2022	10/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	11/06/2026	28/07/2026	French	PDF
Abridged model	31/12/2024	12/06/2025	25/07/2025	French	PDF
Abridged model	31/12/2023	13/06/2024	30/08/2024	French	PDF
Abridged model	31/12/2022	08/06/2023	18/07/2023	French	PDF
Abridged model	31/12/2021	09/06/2022	01/07/2022	French	PDF
Abridged model	31/12/2020	10/06/2021	11/06/2021	French	PDF
Abridged model	31/12/2019	11/06/2020	07/07/2020	French	PDF
Abridged model	31/12/2018	14/06/2019	17/06/2019	French	PDF
Abridged model	31/12/2017	14/06/2018	13/07/2018	French	PDF
Abridged model	31/12/2016	08/06/2017	16/08/2017	French	PDF
Abridged model	31/12/2015	09/06/2016	25/08/2016	French	PDF
Abridged model	31/12/2014	11/06/2015	20/08/2015	French	PDF
Abridged model	31/12/2013	12/06/2014	05/08/2014	French	PDF
Abridged model	31/12/2012	13/06/2013	06/08/2013	French	PDF
Abridged model	31/12/2011	14/06/2012	10/08/2012	French	PDF
Abridged model	31/12/2010	09/06/2011	16/08/2011	French	PDF
Abridged model	31/12/2009	10/06/2010	13/08/2010	French	PDF
Abridged model	31/12/2008	11/06/2009	13/08/2009	French	PDF
Abridged model	31/12/2007	12/06/2008	30/07/2008	French	PDF
Abridged model	31/12/2006	14/06/2007	03/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2025 · 3 active · 13 ended

Active mandates

Sébastien T'jean

Director · since 12 juin 2025 · until 12 juin 2031

Active

MILENA MARCON

Managing director · since 28 avril 2004 · until 12 juin 2031

Active

ROBERT T'JEAN

Director · since 28 avril 2004

Active

Ended mandates

Milena MARCON

Director

Ended

Milena MARCON

Managing director

Ended

MILENA MARCON

Managing director · until 21 novembre 2025

Ended

ROBERT T JEAN

Director · until 21 novembre 2015

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other03/09/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES
PDF
Mandates24/03/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates24/07/2023
DEMISSIONS, NOMINATIONS
PDF
Restructuring08/07/2022
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring26/04/2022
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
PDF
Mandates27/10/2021
DEMISSIONS, NOMINATIONS
PDF
Capital / shares09/12/2019
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates12/11/2019
DEMISSIONS, NOMINATIONS
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 202515,7 k €↑
2024
Annual accounts 2024-22,2 k €↓
2023
Annual accounts 202315,4 k €↓
2022
Annual accounts 2022306,8 k €↓
2021
Annual accounts 20211,5 M €↑
2020
Annual accounts 2020172,9 k €↑
2019
Annual accounts 2019146,7 k €↓
2018
Annual accounts 2018159,1 k €↑
2017
Annual accounts 2017123,4 k €↑
2016
Annual accounts 201697,3 k €↑
2015
Annual accounts 201566,4 k €↑
2014
Annual accounts 201461,5 k €↑
2013
Annual accounts 201354,5 k €↓
2012
Annual accounts 201274,4 k €↓
2011
Annual accounts 201181 k €↓
2010
Annual accounts 2010102,3 k €↑
2009
Annual accounts 200972,8 k €↑
2008
Annual accounts 200848,4 k €↑
2007
Annual accounts 200733,8 k €↓
2006
Annual accounts 200652,7 k €
30/05/1995
IncorporationPublic 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

MT

Overview

What does MT do?

Trend over 20 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