ACTIVE

M.T.C.

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Financial year 2025 · closed on 31/12/2025

Net result

-106,5 k €

+3.7% YoY

Gross margin

26 k €

+30.7% YoY

Equity

825,9 k €

-11.4% YoY

Workforce

1,0 ETP

0.0% YoY

What does M.T.C. do?

M.T.C. is a Public limited company incorporated in 1997. Its registered office is in Malle. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0460.606.577

Incorporation

30/04/1997

Legal form

Public limited company

Registered office

Meirenstraat 10
2390 Malle · FlandreSee on map

Contributed capital

198 314,00 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Joint committees (2)

Signals

Solid equityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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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
Gross margin	26 k €	+30.7%	19,9 k €	+235%	5,9 k €	+419%	1,1 k €	+105%	-23,8 k €	-116%	147,9 k €	+815%	16,2 k €	-96.9%	514,5 k €	-36.2%	806,2 k €	+1503%	50,3 k €	+0.9%	49,9 k €	+4.8%	47,6 k €	-17.7%	57,9 k €	-8.7%	63,4 k €	+5.1%	60,3 k €	+4.4%	57,7 k €	-1.0%	58,3 k €	-11.7%	66,1 k €	+11.8%	59,1 k €	+5.5%	56 k €
EBITDA	-25,9 k €	+14.5%	-30,2 k €	+31.9%	-44,4 k €	-19.0%	-37,3 k €	+32.8%	-55,6 k €	-156%	99,2 k €	+721%	12,1 k €	-97.6%	498,3 k €	-37.6%	798,4 k €	+1693%	44,5 k €	+0.6%	44,3 k €	+5.4%	42 k €	-18.7%	51,7 k €	-10.9%	58 k €	+6.2%	54,6 k €	+4.7%	52,2 k €	-0.5%	52,4 k €	-13.5%	60,6 k €	+13.6%	53,3 k €	+5.2%	50,7 k €
Operating result	-117,3 k €	+3.6%	-121,7 k €	+4.8%	-127,9 k €	-13.1%	-113,1 k €	-7.3%	-105,4 k €	-240%	75,5 k €	+3957%	-2 k €	-100%	416,7 k €	-47.0%	785,9 k €	+3435%	22,2 k €	+1.3%	21,9 k €	+7.3%	20,5 k €	-34.3%	31,1 k €	-17.0%	37,5 k €	+10.0%	34,1 k €	+7.8%	31,6 k €	-0.3%	31,7 k €	-18.2%	38,8 k €	+28.7%	30,1 k €	+15.8%	26 k €
Net result	-106,5 k €	+3.7%	-110,6 k €	+9.7%	-122,5 k €	-12.8%	-108,6 k €	-9.6%	-99,1 k €	-223%	80,6 k €	+813%	-11,3 k €	-104%	265,8 k €	-47.4%	505,5 k €	+3419%	14,4 k €	+3.7%	13,9 k €	-6.0%	14,7 k €	-30.1%	21,1 k €	-13.9%	24,5 k €	+26.8%	19,3 k €	-2.9%	19,9 k €	-5.2%	21 k €	-11.4%	23,7 k €	+46.1%	16,2 k €	+41.5%	11,5 k €
Balance sheet
Equity	825,9 k €	-11.4%	932,4 k €	-10.6%	1 M €	-10.5%	1,2 M €	-8.5%	1,3 M €	-7.2%	1,4 M €	+11.1%	1,2 M €	-0.6%	1,2 M €	+32.0%	941,2 k €	+116%	435,7 k €	+3.4%	421,3 k €	+3.4%	407,5 k €	+3.8%	392,7 k €	+5.7%	371,7 k €	+7.1%	347,2 k €	+5.9%	327,8 k €	+6.5%	307,9 k €	+7.3%	286,9 k €	+9.0%	263,2 k €	+6.6%	247 k €
Total assets	1,6 M €	-8.2%	1,7 M €	-7.8%	1,9 M €	-9.4%	2,1 M €	-0.0%	2,1 M €	+3.9%	2 M €	+13.0%	1,8 M €	+1.3%	1,8 M €	+30.4%	1,3 M €	+142%	555,8 k €	+1.5%	547,7 k €	+5.7%	517,9 k €	+1.5%	510,1 k €	-13.1%	586,7 k €	-10.8%	657,8 k €	+6.9%	615,4 k €	-12.0%	699,2 k €	+4.2%	670,9 k €	-8.3%	731,8 k €	+2.1%	717 k €
Cash	109,9 k €	-23.1%	143 k €	-30.3%	205,1 k €	-43.0%	360 k €	+132%	155,4 k €	-74.5%	608,6 k €	-22.9%	789,2 k €	-23.7%	1 M €	+248%	297,4 k €	+140%	123,7 k €	+35.0%	91,6 k €	+107%	44,3 k €	+53.2%	28,9 k €	-64.9%	82,4 k €	-39.5%	136,3 k €	+83.4%	74,3 k €	-47.4%	141,2 k €	+610%	19,9 k €	-49.0%	39 k €	+44.2%	27 k €
Debts	503,3 k €	-4.0%	524,3 k €	-3.2%	541,6 k €	-10.1%	602,5 k €	+24.6%	483,5 k €	+59.9%	302,4 k €	+98.8%	152,1 k €	+21.8%	124,9 k €	-1.6%	126,9 k €	+7.1%	118,5 k €	-0.3%	118,8 k €	+12.9%	105,2 k €	-7.4%	113,6 k €	-46.7%	213,1 k €	-30.7%	307,6 k €	+8.3%	284,1 k €	-27.0%	389,4 k €	+1.8%	382,3 k €	-15.6%	452,9 k €	-3.3%	468,2 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 22 ended

Active mandates

K.C.M.-BEHEER

Managing director · since 19 décembre 2023 · until 19 décembre 2029 · 0862.924.965

Represented by Carl Mintjens

Active

Verena Van Bavel

Managing director · since 19 décembre 2023 · until 19 décembre 2029

Active

Ended mandates

Verena Van Bavel

Managing director · since 02 janvier 2020 · until 02 janvier 2026

Ended

K.C.M.-BEHEER

Director · since 14 juin 2019 · until 14 juin 2025 · 0862.924.965

Represented by Carl Mintjens

Ended

K.C.M.-BEHEER

Managing director · since 14 juin 2019 · until 14 juin 2025 · 0862.924.965

Represented by Carl Mintjens

Ended

Carl Mintjens

Managing director · since 12 juin 2015 · until 02 janvier 2020

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged 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	03/08/2026	31/07/2025	21/08/2024	20/07/2023	23/08/2022	10/08/2021
General meeting	12/06/2026	13/06/2025	14/06/2024	09/06/2023	10/06/2022	11/06/2021
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
Abridged model	31/12/2025	12/06/2026	03/08/2026	Dutch	PDF
Abridged model	31/12/2024	13/06/2025	31/07/2025	Dutch	PDF
Abridged model	31/12/2023	14/06/2024	21/08/2024	Dutch	PDF
Abridged model	31/12/2022	09/06/2023	20/07/2023	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	23/08/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	10/08/2021	Dutch	PDF
Abridged model	31/12/2019	12/06/2020	27/08/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	08/06/2018	21/08/2018	Dutch	PDF
Abridged model	31/12/2016	09/06/2017	04/07/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	23/06/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	20/08/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	08/06/2012	02/07/2012	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	29/06/2011	Dutch	PDF
Abridged model	31/12/2009	11/06/2010	14/06/2010	Dutch	PDF
Abridged model	31/12/2008	12/06/2009	17/06/2009	Dutch	PDF
Abridged model	31/12/2007	13/06/2008	26/06/2008	Dutch	PDF
Abridged model	31/12/2006	08/06/2007	06/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2025 · 2 active · 22 ended

Active mandates

K.C.M.-BEHEER

Managing director · since 19 décembre 2023 · until 19 décembre 2029 · 0862.924.965

Represented by Carl Mintjens

Active

Verena Van Bavel

Managing director · since 19 décembre 2023 · until 19 décembre 2029

Active

Ended mandates

Verena Van Bavel

Managing director · since 02 janvier 2020 · until 02 janvier 2026

Ended

K.C.M.-BEHEER

Director · since 14 juin 2019 · until 14 juin 2025 · 0862.924.965

Represented by Carl Mintjens

Ended

K.C.M.-BEHEER

Managing director · since 14 juin 2019 · until 14 juin 2025 · 0862.924.965

Represented by Carl Mintjens

Ended

Carl Mintjens

Managing director · since 12 juin 2015 · until 02 janvier 2020

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates28/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/03/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/07/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/07/2013
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/01/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates29/06/2009
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares28/07/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025-106,5 k €↑
2025
Name changeMTC
2024
Annual accounts 2024-110,6 k €↑
2023
Annual accounts 2023-122,5 k €↓
2022
Annual accounts 2022-108,6 k €↓
2021
Annual accounts 2021-99,1 k €↓
2021
Name changeM.T.C.
2020
Annual accounts 202080,6 k €↑
2019
Annual accounts 2019-11,3 k €↓
2018
Annual accounts 2018265,8 k €↓
2017
Annual accounts 2017505,5 k €↑
2016
Annual accounts 201614,4 k €↑
2015
Annual accounts 201513,9 k €↓
2014
Annual accounts 201414,7 k €↓
2013
Annual accounts 201321,1 k €↓
2012
Annual accounts 201224,5 k €↑
2011
Annual accounts 201119,3 k €↓
2010
Annual accounts 201019,9 k €↓
2009
Annual accounts 200921 k €↓
2008
Annual accounts 200823,7 k €↑
2007
Annual accounts 200716,2 k €↑
2006
Annual accounts 200611,5 k €
30/04/1997
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

M.T.C.

Overview

What does M.T.C. do?

Trend over 20 financial years

Indicative valuation

Board of directors

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