ACTIVE

MTECH

Financial year 2025 · Closed on 31/12/2025

Net result6,2 k €-80,9 %over 1 year
Gross margin23,4 k €-57,3 %over 1 year
Equity116,5 k €+5,7 %over 1 year

Identity

Source · BCE/KBO

MTECH is a Private company with limited liability incorporated in 2017. Its main activity is: Electrical installation. Its registered office is in Herselt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0686.560.060
Incorporation
18/12/2017
Legal form
Private company with limited liability
Registered office
Limberg 122
2230 Herselt · FlandreSee on map
Contributed capital
6 200,33 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20252024202320222021
Income statement
Gross margin23,4 k €54,7 k €14,3 k €24,1 k €26,6 k €
EBITDA19,8 k €53,8 k €13,8 k €22,9 k €25,8 k €
Operating result13,2 k €50,7 k €13,2 k €22,9 k €25,8 k €
Net result6,2 k €32,7 k €8,7 k €14,7 k €18,3 k €
Balance sheet
Equity116,5 k €110,3 k €77,5 k €68,9 k €54,2 k €
Total assets149,9 k €145,7 k €130,3 k €109,1 k €77,5 k €
Cash2,5 k €997,7 €12,5 k €46 k €32,3 k €
Debts33,4 k €33,2 k €52,7 k €40,2 k €23,1 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriod
Merlijn Vets
DirectorAdministrator - manager2022 accountsended

Other companies at this address

Limberg 122 2230 Herselt
CompanyCBE no.
VM Real Estate● Active
1033.103.547

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date23/07/202618/07/202520/07/202418/08/202322/08/202230/08/2021
General meeting19/06/202620/06/202521/06/202416/06/202317/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202519/06/202623/07/2026DutchPDF
Micro model31/12/202420/06/202518/07/2025DutchPDF
Micro model31/12/202321/06/202420/07/2024DutchPDF
Micro model31/12/202216/06/202318/08/2023DutchPDF
Micro model31/12/202117/06/202222/08/2022DutchPDF
Micro model31/12/202018/06/202130/08/2021DutchPDF
Micro model31/12/201919/06/202017/08/2020DutchPDF
Micro model31/12/201821/06/201919/07/2019DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriod
Merlijn Vets
DirectorAdministrator - manager2022 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office10/08/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other20/12/2017
    Uit een akte verleden voor, Meester BART VAN THIELEN, Notaris te Herselt, op 13 december 2017,
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings8 filings
Mandates
Merlijn Vets
2017201820192020202120222023202420252026
MTECH
Limberg 122, 2230 Herselt
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Limberg 122, 2230 HerseltCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00323167

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MTECHCurrent
accounts 2018 → 2025
Accounts 2025 · 2026-00323167

Events

  1. 2025
    Annual accounts 20256,2 k €↓
  2. 2024
    Annual accounts 202432,7 k €↑
  3. 2023
    Annual accounts 20238,7 k €↓
  4. 2022
    Annual accounts 202214,7 k €↓
  5. 2021
    Annual accounts 202118,3 k €↑
  6. 2020
    Annual accounts 2020169,4 €↓
  7. 2019
    Annual accounts 201920,5 k €↑
  8. 2018
    Annual accounts 20189,1 k €
  9. 18/12/2017
    IncorporationPrivate company with limited liability