ACTIVE

MTM

Financial year 2025 · closed on 31/12/2025
Net result
-10,7 k €
+5.8% YoY
Gross margin
-3,4 k €
+16.6% YoY
Equity
-4,4 k €
-169.6% YoY

What does MTM do?

MTM is a Private company with limited liability incorporated in 2011. Its main activity is: Production of electricity. Its registered office is in Amel.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0834.246.322
Incorporation
02/03/2011
Legal form
Private company with limited liability
Registered office
Iveldingen,Im Uhrenfeld 13
4770 Amel · WallonieSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Signals
Good liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201620152014201320122011
Income statement
Gross margin-3,4 k €-4 k €-3,9 k €-2,1 k €-608 €-1,7 k €442,3 €1,8 k €6,8 k €3,1 k €-3,6 k €-2,6 k €-2,2 k €-3,4 k €
EBITDA-3,8 k €-4,4 k €-4,3 k €-2,5 k €-988,5 €-2,1 k €8,7 €1,5 k €6,3 k €2,8 k €-4 k €-3 k €-2,6 k €-3,4 k €
Operating result-10,6 k €-11,3 k €-11,2 k €-10,4 k €-8,8 k €-9,6 k €-7,4 k €-5,9 k €3,3 k €-567,6 €-7,3 k €-6,4 k €-4,5 k €-3,8 k €
Net result-10,7 k €-11,4 k €-11,3 k €-10,5 k €-8,8 k €-10,4 k €-8,1 k €-6,7 k €2 k €-582,7 €-8 k €-7,1 k €-5,2 k €-3,8 k €
Balance sheet
Equity-4,4 k €6,3 k €17,7 k €28,9 k €39,4 k €48,3 k €58,7 k €66,8 k €77,4 k €75,3 k €75,9 k €83,9 k €91 k €96,2 k €
Total assets115,2 k €111,4 k €122,7 k €134,2 k €144,5 k €115,8 k €122,4 k €125,1 k €117,6 k €115,5 k €114,8 k €124,4 k €135,8 k €108,2 k €
Cash13,5 k €1,8 k €6,7 k €11,7 k €23,7 k €5,7 k €2,3 k €1,2 k €1,7 k €4,3 k €41 €807 €17,3 k €15,8 k €
Debts119,6 k €105,1 k €105 k €105,3 k €105 k €67,5 k €63,8 k €58,2 k €40,2 k €40,2 k €37,6 k €39,8 k €44,8 k €12 k €
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Christian THEISSEN

Director · since 19 juin 2026

Active
Georg BACKES

Director · since 02 mars 2011 · until 19 juin 2026

Active

Ended mandates

GEORG BACKES

Manager · since 10 décembre 2015

Ended
GEORG BACKES

Manager · since 01 janvier 2015

Ended
Sylvie GLODT

Manager · since 20 décembre 2013 · until 31 décembre 2014

Ended
Sylvie GLODT

Manager · since 20 décembre 2013

Ended
Annual accounts

Full financial information

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 date08/07/202604/07/202503/07/202426/07/202322/07/202209/08/2021
General meeting19/06/202631/05/202521/06/202430/06/202330/06/202227/07/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202519/06/202608/07/2026GermanPDF
Micro model31/12/202431/05/202504/07/2025GermanPDF
Micro model31/12/202321/06/202403/07/2024GermanPDF
Micro model31/12/202230/06/202326/07/2023GermanPDF
Micro model31/12/202130/06/202222/07/2022GermanPDF
Micro model31/12/202027/07/202109/08/2021GermanPDF
Micro model31/12/201919/06/202022/06/2020GermanPDF
Micro model31/12/201821/06/201908/07/2019GermanPDF
Micro model31/12/201616/06/201709/08/2017GermanPDF
Abridged model31/12/201512/08/201624/08/2016GermanPDF
Abridged model31/12/201419/06/201527/08/2015GermanPDF
Abridged model31/12/201320/06/201427/08/2014GermanPDF
Abridged model31/12/201221/06/201327/08/2013GermanPDF
Abridged model31/12/201115/06/201216/08/2012GermanPDF
Estimate

Indicative valuation

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 · 8 ended

Active mandates

Christian THEISSEN

Director · since 19 juin 2026

Active
Georg BACKES

Director · since 02 mars 2011 · until 19 juin 2026

Active

Ended mandates

GEORG BACKES

Manager · since 10 décembre 2015

Ended
GEORG BACKES

Manager · since 01 janvier 2015

Ended
Sylvie GLODT

Manager · since 20 décembre 2013 · until 31 décembre 2014

Ended
Sylvie GLODT

Manager · since 20 décembre 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other09/07/2026
    PDF
  • Mandates31/12/2015
    ENTLASSUNG - ERNENNUNG
    PDF
  • Mandates04/03/2014
    ENTLASSUNG - ERNENNUNG
    PDF
  • Registered office29/03/2013
    GESELLSCHAFTSSITZ
    PDF
  • Other15/03/2011
    RUBRIK GRUENDUNG (NEUE RECHTSPERSON, EROEFFNUNG FILIALE, USW)
    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 2025-10,7 k €
  2. 2024
    Annual accounts 2024-11,4 k €
  3. 2023
    Annual accounts 2023-11,3 k €
  4. 2022
    Annual accounts 2022-10,5 k €
  5. 2021
    Annual accounts 2021-8,8 k €
  6. 2021
    Name changeMTM GmbH
  7. 2020
    Annual accounts 2020-10,4 k €
  8. 2019
    Annual accounts 2019-8,1 k €
  9. 2018
    Annual accounts 2018-6,7 k €
  10. 2016
    Annual accounts 20162 k €
  11. 2015
    Annual accounts 2015-582,7 €
  12. 2014
    Annual accounts 2014-8 k €
  13. 2013
    Annual accounts 2013-7,1 k €
  14. 2012
    Annual accounts 2012-5,2 k €
  15. 2011
    Annual accounts 2011-3,8 k €
  16. 02/03/2011
    IncorporationPrivate company with limited liability
  17. 2011
    Name changeMTM