ACTIVE

MTH DEMIR

Financial year 2025 · closed on 31/12/2025
Net result
627 k €
+807.3% YoY
Gross margin
1,9 M €
+95.5% YoY
Equity
830,8 k €
+158.5% YoY
Workforce
17,7 ETP
+2.3% YoY

What does MTH DEMIR do?

MTH DEMIR is a Private limited company incorporated in 2021. Its main activity is: Construction of roads and motorways. Its registered office is in Saint-Josse-ten-Noode. It employs on average 17,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0764.352.674
Incorporation
25/02/2021
Legal form
Private limited company
Registered office
Rue Verbist 93
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2025
Average workforce
17,7 ETP
Joint committees (2)
  • 124
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin1,9 M €996,6 k €416,2 k €359,8 k €
EBITDA984,5 k €234 k €156,1 k €284,5 k €
Operating result913,2 k €148,8 k €105,3 k €228,6 k €
Net result627 k €69,1 k €66,6 k €180,7 k €
Balance sheet
Equity830,8 k €321,4 k €252,3 k €185,7 k €
Total assets1,4 M €628,4 k €552,1 k €290,3 k €
Cash257 k €49,6 k €19,9 k €42,9 k €
Debts564 k €307 k €299,8 k €104,6 k €
Other
Workforce17,7 ETP17,3 ETP7,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

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

Active mandates

Hüseyin Demir

Mandate

Active
Tuncay Demir

Mandate

Active
At this address

Other companies at this address

CompanyCBE no.
T&H Demir IMMOActive
1034.890.822
Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202325/02/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months23 months
Filing date11/08/202624/09/202501/10/202431/08/2023
General meeting29/06/202630/06/202524/06/202426/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202611/08/2026FrenchPDF
Abridged model31/12/202430/06/202524/09/2025FrenchPDF
Abridged model31/12/202324/06/202401/10/2024FrenchPDF
Micro model31/12/202226/06/202331/08/2023FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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

Active mandates

Hüseyin Demir

Mandate

Active
Tuncay Demir

Mandate

Active
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other01/03/2021
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025627 k €
  2. 2024
    Annual accounts 202469,1 k €
  3. 2023
    Annual accounts 202366,6 k €
  4. 2022
    Annual accounts 2022180,7 k €
  5. 25/02/2021
    IncorporationPrivate limited company