MUTEC
0810.416.291 · rovalta.com · 21/09/2026
ACTIVE
MUTEC
Financial year 2025 · closed on 31/12/2025
Net result
29,8 k €
-83.8% YoY
Revenue
13,4 M €
-10.8% YoY
Equity
2,4 M €
+1.3% YoY
Workforce
31,2 ETP
+3.0% YoY
Overview
What does MUTEC do?
MUTEC is a Private limited company incorporated in 2009. Its registered office is in Waregem. It employs on average 31,2 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0810.416.291
Incorporation
13/03/2009
Legal form
Private limited company
Registered office
Eugène Bekaertlaan 55
8790 Waregem · FlandreSee on map
8790 Waregem · FlandreSee on map
Contributed capital
218 550,00 €
Latest accounts
31/12/2025
Average workforce
31,2 ETP
Joint committees (3)
- 124
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 16 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||
| Revenue | 13,4 M € | -10.8% | 15 M € | -11.8% | 17 M € | -4.8% | 17,9 M € | +25.7% | 14,2 M € | +9.6% | 13 M € | +12.9% | 11,5 M € | +20.1% | 9,6 M € | +0.1% | 9,6 M € | +18.0% | 8,1 M € | +4.0% | 7,8 M € | +9.4% | 7,1 M € | +4.4% | 6,8 M € | – | – | – | |||
| EBITDA | 212,5 k € | -31.6% | 310,8 k € | -61.9% | 815,7 k € | -59.2% | 2 M € | +567% | 299,5 k € | -64.5% | 844,6 k € | +14.0% | 740,7 k € | -2.4% | 759,3 k € | +497% | 127,2 k € | -77.1% | 555,9 k € | -13.6% | 643,5 k € | +397% | 129,5 k € | +275% | -73,8 k € | -149% | 151,7 k € | -71.2% | 527,1 k € | +723% | 64 k € |
| Operating result | 100,3 k € | -58.0% | 238,9 k € | -67.9% | 743,7 k € | -61.1% | 1,9 M € | +909% | 189,4 k € | -73.6% | 717,5 k € | +15.3% | 622,5 k € | -3.1% | 642,6 k € | +2662% | 23,3 k € | -95.2% | 483,3 k € | -15.3% | 570,4 k € | +842% | 60,5 k € | +131% | -193,2 k € | -458% | 54 k € | -87.1% | 419,5 k € | +1045% | -44,4 k € |
| Net result | 29,8 k € | -83.8% | 184,2 k € | -65.7% | 537,4 k € | -62.0% | 1,4 M € | +995% | 129,3 k € | -75.5% | 527,2 k € | +26.3% | 417,3 k € | +11.7% | 373,7 k € | +1103% | 31,1 k € | -87.0% | 238,2 k € | -24.0% | 313,4 k € | +201% | 104 k € | +149% | -211,7 k € | -926% | 25,6 k € | -90.0% | 257,2 k € | +293% | -133 k € |
| Balance sheet | |||||||||||||||||||||||||||||||
| Equity | 2,4 M € | +1.3% | 2,3 M € | +8.5% | 2,2 M € | -40.3% | 3,6 M € | +64.0% | 2,2 M € | +6.2% | 2,1 M € | +33.9% | 1,6 M € | +36.7% | 1,1 M € | +48.9% | 763,6 k € | +4.2% | 732,6 k € | +48.2% | 494,4 k € | +173% | 181 k € | +135% | 77 k € | +0.8% | 76,4 k € | +50.5% | 50,8 k € | +140% | -126,8 k € |
| Total assets | 6 M € | -4.0% | 6,2 M € | -19.6% | 7,7 M € | +6.5% | 7,3 M € | +3.3% | 7 M € | +19.1% | 5,9 M € | +25.3% | 4,7 M € | +49.3% | 3,2 M € | +0.7% | 3,1 M € | -7.0% | 3,4 M € | +4.3% | 3,2 M € | +48.4% | 2,2 M € | -25.8% | 2,9 M € | +69.0% | 1,7 M € | +25.4% | 1,4 M € | +59.5% | 870 k € |
| Cash | 782,4 k € | +41.9% | 551,4 k € | -78.4% | 2,5 M € | -24.9% | 3,4 M € | +23.5% | 2,7 M € | -18.0% | 3,4 M € | +141% | 1,4 M € | +120% | 631 k € | +306% | 155,4 k € | -83.9% | 964,3 k € | +55.8% | 618,9 k € | -11.7% | 700,9 k € | -1.6% | 712,6 k € | +252% | 202,4 k € | +55.0% | 130,6 k € | +60.5% | 81,4 k € |
| Debts | 3,6 M € | -7.3% | 3,9 M € | -30.4% | 5,6 M € | +52.9% | 3,6 M € | -24.5% | 4,8 M € | +26.3% | 3,8 M € | +21.0% | 3,2 M € | +56.5% | 2 M € | -14.0% | 2,3 M € | -8.2% | 2,6 M € | -6.5% | 2,7 M € | +36.6% | 2 M € | -30.1% | 2,9 M € | +72.2% | 1,7 M € | +32.0% | 1,3 M € | +32.6% | 949,8 k € |
| Other | |||||||||||||||||||||||||||||||
| Workforce | 31,2 ETP | +3.0% | 30,3 ETP | +6.7% | 28,4 ETP | +1.8% | 27,9 ETP | -5.7% | 29,6 ETP | -8.4% | 32,3 ETP | +13.3% | 28,5 ETP | -9.2% | 31,4 ETP | +27.1% | 24,7 ETP | -9.5% | 27,3 ETP | +41.5% | 19,3 ETP | +36.9% | 14,1 ETP | +76.3% | 8,0 ETP | +35.6% | 5,9 ETP | -26.2% | 8,0 ETP | -2.4% | 8,2 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 5 active · 26 ended
Active mandates
Active
Filip Van Hautegem
ActiveSem Naessens
ActiveVEERLE NAESSENS
ActiveActive
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
EMRECO● Active | 0647.855.872 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full 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 | 15/07/2026 | 24/06/2025 | 24/07/2024 | 17/07/2023 | 11/07/2022 | 15/10/2021 |
| General meeting | 30/06/2026 | 21/06/2025 | 10/07/2024 | 09/06/2023 | 10/06/2022 | 13/10/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
16 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 30/06/2026 | 15/07/2026 | Dutch | |
| Full model | 31/12/2024 | 21/06/2025 | 24/06/2025 | Dutch | |
| Full model | 31/12/2023 | 10/07/2024 | 24/07/2024 | Dutch | |
| Full model | 31/12/2022 | 09/06/2023 | 17/07/2023 | Dutch | |
| Full model | 31/12/2021 | 10/06/2022 | 11/07/2022 | Dutch | |
| Full model | 31/12/2020 | 13/10/2021 | 15/10/2021 | Dutch | |
| Full model | 31/12/2019 | 12/06/2020 | 13/07/2020 | Dutch | |
| Full model | 31/12/2018 | 28/06/2019 | 30/07/2019 | Dutch | |
| Full model | 31/12/2017 | 29/06/2018 | 20/07/2018 | Dutch | |
| Full model | 31/12/2016 | 09/06/2017 | 28/06/2017 | Dutch | |
| Full model | 31/12/2015 | 10/06/2016 | 30/06/2016 | Dutch | |
| Full model | 31/12/2014 | 12/06/2015 | 10/07/2015 | Dutch | |
| Full model | 31/12/2013 | 13/06/2014 | 24/07/2014 | Dutch | |
| Abridged model | 31/08/2012 | 07/12/2012 | 14/12/2012 | Dutch | |
| Abridged model | 31/08/2011 | 30/09/2011 | 23/11/2011 | Dutch | |
| Abridged model | 31/08/2010 | 24/09/2010 | 15/12/2010 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 5 active · 26 ended
Active mandates
Active
Filip Van Hautegem
ActiveSem Naessens
ActiveVEERLE NAESSENS
ActiveActive
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates27/08/2025ONTSLAGEN - BENOEMINGEN
- Capital / shares08/02/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN
- Mandates25/01/2024ONTSLAGEN - BENOEMINGEN
- Mandates10/01/2023ONTSLAGEN - BENOEMINGEN
- Mandates08/01/2020ONTSLAGEN - BENOEMINGEN
- Mandates22/02/2017ONTSLAGEN - BENOEMINGEN
- Mandates21/01/2015ONTSLAGEN - BENOEMINGEN
- Mandates07/11/2014MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202529,8 k €↓
- 2024Annual accounts 2024184,2 k €↓
- 2023Annual accounts 2023537,4 k €↓
- 2022Annual accounts 20221,4 M €↑
- 2021Annual accounts 2021129,3 k €↓
- 2020Annual accounts 2020527,2 k €↑
- 2019Annual accounts 2019417,3 k €↑
- 2018Annual accounts 2018373,7 k €↑
- 2017Annual accounts 201731,1 k €↓
- 2016Annual accounts 2016238,2 k €↓
- 2015Annual accounts 2015313,4 k €↑
- 2014Annual accounts 2014104 k €↑
- 2013Annual accounts 2013-211,7 k €↓
- 2013Name changeMUTEC
- 2012Annual accounts 201225,6 k €↓
- 2011Annual accounts 2011257,2 k €↑
- 2010Annual accounts 2010-133 k €
- 2010Name changeV-DAK
- 13/03/2009IncorporationPrivate limited company