ACTIVE

MTEC

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Financial year 2024 · closed on 31/12/2024
Net result
6 k €
+1737.4% YoY
Gross margin
534,2 k €
+11.7% YoY
Equity
32 k €
+23.1% YoY
Workforce
6,4 ETP

What does MTEC do?

MTEC is a Private limited company incorporated in 2016. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 6,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0662.869.888
Incorporation
22/09/2016
Legal form
Private limited company
Registered office
Hogenakkerhoekstraat 7
9150 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2024
Average workforce
6,4 ETP
Joint committees (2)
  • 14003
  • 2260
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20242023202220212020201920182017
Income statement
Gross margin534,2 k €478 k €467,6 k €364,3 k €262,2 k €296,7 k €54,4 k €-6,7 k €
EBITDA30,5 k €29,8 k €155,3 k €95,6 k €21 k €59,6 k €-131,5 k €-90,4 k €
Operating result12 k €21,1 k €155,1 k €82,8 k €2,7 k €42,8 k €-148,3 k €-113,9 k €
Net result6 k €-367 €153,3 k €80,5 k €523 €38,6 k €-149,6 k €-115,4 k €
Balance sheet
Equity32 k €26 k €26,4 k €-133,1 k €-213,6 k €-214,1 k €-252,7 k €-103 k €
Total assets1,1 M €614,4 k €649 k €456,7 k €339,4 k €413,1 k €218,7 k €160,2 k €
Cash38,4 k €39,8 k €70,5 k €41,2 k €29,7 k €44,3 k €23,1 k €8,2 k €
Debts1 M €588,4 k €622,6 k €589,7 k €553,1 k €627,2 k €471,4 k €262,1 k €
Other
Workforce6,4 ETP–––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 4 ended

Active mandates

Stijn Favest

Director · since 01 février 2024

Active
David Williams

Director · since 09 septembre 2016

Active

Ended mandates

DAVID ROYSTON (001-001) WILLIAMS

Director

Ended
DAVID ROYSTON (001-001) WILLIAMS

Manager

Ended
DAVID ROYSTON WILLIAMS

Manager

Ended
Stijn Favest

Director

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/08/202501/07/202423/06/202330/06/202206/07/202130/07/2020
General meeting06/06/202506/06/202406/06/202306/06/202206/06/202125/07/2020
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202406/06/202527/08/2025DutchPDF
Abridged model31/12/202306/06/202401/07/2024DutchPDF
Abridged model31/12/202206/06/202323/06/2023DutchPDF
Abridged model31/12/202106/06/202230/06/2022DutchPDF
Abridged model31/12/202006/06/202106/07/2021DutchPDF
Abridged model31/12/201925/07/202030/07/2020DutchPDF
Abridged model31/12/201806/06/201921/06/2019DutchPDF
Abridged modelCorrection31/12/201703/07/201805/07/2018DutchPDF
Abridged model31/12/201706/06/201825/06/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2024 · 2 active · 4 ended

Active mandates

Stijn Favest

Director · since 01 février 2024

Active
David Williams

Director · since 09 septembre 2016

Active

Ended mandates

DAVID ROYSTON (001-001) WILLIAMS

Director

Ended
DAVID ROYSTON (001-001) WILLIAMS

Manager

Ended
DAVID ROYSTON WILLIAMS

Manager

Ended
Stijn Favest

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/04/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/09/2016
    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. 2024
    Annual accounts 20246 k €↑
  2. 2023
    Annual accounts 2023-367 €↓
  3. 2022
    Annual accounts 2022153,3 k €↑
  4. 2021
    Annual accounts 202180,5 k €↑
  5. 2020
    Annual accounts 2020523 €↓
  6. 2019
    Annual accounts 201938,6 k €↑
  7. 2018
    Annual accounts 2018-149,6 k €↓
  8. 2017
    Annual accounts 2017-115,4 k €
  9. 22/09/2016
    IncorporationPrivate limited company