ACTIVE

MTLV

Financial year 2025 · closed on 31/12/2025
Net result
34,3 k €
+107.0% YoY
Gross margin
180,1 k €
+61.0% YoY
Equity
154,7 k €
-16.3% YoY
Workforce
2,0 ETP
+100.0% YoY

What does MTLV do?

MTLV is a Private limited company incorporated in 2013. Its main activity is: Freight transport by road. Its registered office is in Ichtegem. It employs on average 2,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0541.579.902
Incorporation
28/10/2013
Legal form
Private limited company
Registered office
Oostendesteenweg(FICH) 106
8480 Ichtegem · FlandreSee on map
Contributed capital
39 200,00 €
Latest accounts
31/12/2025
Average workforce
2,0 ETP
Joint committees (1)
  • 14003
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021201920182017201620152014
Income statement
Gross margin180,1 k €111,9 k €108 k €116,7 k €89,1 k €74,7 k €73 k €43,4 k €59,7 k €49,5 k €38,8 k €
EBITDA92,5 k €64 k €55 k €56,7 k €36,9 k €72,8 k €71,3 k €42,7 k €57,5 k €49 k €37,6 k €
Operating result50,3 k €24,6 k €14,5 k €25,5 k €13,9 k €44,4 k €46,4 k €16,8 k €24,8 k €14,8 k €13,7 k €
Net result34,3 k €16,6 k €9,1 k €19,2 k €9,9 k €32 k €31,9 k €8,7 k €14,9 k €9 k €8,3 k €
Balance sheet
Equity154,7 k €184,7 k €168,1 k €188,2 k €169,1 k €139,5 k €109,1 k €78,8 k €71,4 k €56,5 k €26,9 k €
Total assets395,2 k €354,3 k €288,4 k €270,5 k €247 k €205,7 k €216 k €221,6 k €230,9 k €211,6 k €131,8 k €
Cash168,3 k €74,3 k €70,4 k €47 k €47,5 k €66,3 k €57,6 k €81,9 k €20 k €31,8 k €43,1 k €
Debts163,5 k €78,2 k €118,9 k €81,4 k €76,6 k €64,2 k €100 k €139,6 k €157 k €153,4 k €103,8 k €
Other
Workforce2,0 ETP1,0 ETP1,0 ETP0,8 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 · 1 active · 3 ended

Active mandates

Tommy Meyns

Director · since 13 novembre 2013

Active

Ended mandates

Tommy Meyns

Director · since 28 octobre 2013

Ended
Tommy Meyns

Manager · since 28 octobre 2013

Ended
MEYNS TOMMY

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/07/202630/09/202530/09/202422/06/202327/06/202228/10/2021
General meeting30/06/202608/09/202530/08/202411/06/202313/06/202231/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/07/2026DutchPDF
Abridged model31/12/202408/09/202530/09/2025DutchPDF
Abridged model31/12/202330/08/202430/09/2024DutchPDF
Abridged model31/12/202211/06/202322/06/2023DutchPDF
Abridged model31/12/202113/06/202227/06/2022DutchPDF
Abridged model31/12/202031/08/202128/10/2021DutchPDF
Micro model31/12/201903/08/202010/08/2020DutchPDF
Micro model31/12/201830/08/201930/08/2019DutchPDF
Micro model31/12/201710/08/201813/08/2018DutchPDF
Abridged model31/12/201622/07/201724/08/2017DutchPDF
Abridged model31/12/201531/05/201623/06/2016DutchPDF
Abridged modelCorrection31/12/201420/07/201531/08/2015DutchPDF
Abridged model31/12/201426/05/201527/05/2015DutchPDF
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 · 1 active · 3 ended

Active mandates

Tommy Meyns

Director · since 13 novembre 2013

Active

Ended mandates

Tommy Meyns

Director · since 28 octobre 2013

Ended
Tommy Meyns

Manager · since 28 octobre 2013

Ended
MEYNS TOMMY

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/01/2016
    KAPITAAL - AANDELEN
    PDF
  • Other13/11/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2025
    Annual accounts 202534,3 k €
  2. 2024
    Annual accounts 202416,6 k €
  3. 2023
    Annual accounts 20239,1 k €
  4. 2022
    Annual accounts 202219,2 k €
  5. 2021
    Annual accounts 20219,9 k €
  6. 2019
    Annual accounts 201932 k €
  7. 2018
    Annual accounts 201831,9 k €
  8. 2017
    Annual accounts 20178,7 k €
  9. 2016
    Annual accounts 201614,9 k €
  10. 2015
    Annual accounts 20159 k €
  11. 2014
    Annual accounts 20148,3 k €
  12. 28/10/2013
    IncorporationPrivate limited company