M-TEC
Annual accounts 2020
abbreviated format, filed on 12-03-2021, 141 days before the deadlineTurnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.1m. Estimated: probably between €630,000 and €1.8m.
Money flows
no detail for 2020Balance sheet
balance sheet total €1.3m on 31-12-2020in €m
in euro
Staff
€33,631
Staff costs divided by the average number of full-time equivalents.
Blue and white collar
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||
20/58 |
1.3m | 856,089 | 695,948 | 467,182 | 303,924 | 94,341 | 72,894 | 1.4m | 1.4m | 1.4m | 1.5m | 1.5m | 1.7m | 1.8m | 2.1m | |
21/28 |
- | - | - | - | - | - | - | - | 1,518 | 1,518 | 1,518 | 1,518 | 1,518 | 1,518 | 17,777 | |
28 |
- | - | - | - | - | - | - | - | 1,518 | 1,518 | 1,518 | 1,518 | 1,518 | 1,518 | 17,777 | |
284/8 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,518 | 1,518 | 17,777 | |
285/8 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,518 | 1,518 | 17,777 | |
29/58 |
1.3m | 856,089 | 695,948 | 467,182 | 303,924 | 94,341 | 72,894 | 1.4m | 1.4m | 1.4m | 1.5m | 1.5m | 1.7m | 1.8m | 2.1m | |
29 |
423,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
291 |
423,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
3 |
- | - | - | - | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 10,000 | 10,000 | |
30/36 |
- | - | - | - | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 10,000 | 10,000 | |
34 |
- | - | - | - | - | - | - | - | - | - | - | - | 1 | 10,000 | 10,000 | |
40/41 |
8,518 | 18,169 | 135,327 | 32,599 | 30,731 | 54,017 | 47,155 | 1.4m | 1.4m | 1.4m | 1.5m | 1.4m | 1.4m | 1.6m | 1.9m | |
40 |
2,118 | 18,169 | 135,327 | 32,599 | 30,731 | 54,017 | - | 1.4m | 1.4m | 1.4m | 1.4m | 1.4m | 1.4m | 1.6m | 1.8m | |
41 |
6,400 | - | - | - | - | - | 47,155 | 10,128 | 14,811 | 16,931 | 31,374 | 5,379 | 2,694 | 37,340 | 43,400 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | 59,135 | 58,624 | 56,622 | 54,921 | |
51/53 |
- | - | - | - | - | - | - | - | - | - | - | - | 58,624 | 56,622 | 54,921 | |
54/58 |
827,100 | 837,920 | 560,621 | 434,583 | 273,193 | 40,324 | 25,739 | 5,248 | 2,965 | 13,277 | 9,768 | 14,072 | 163,602 | 158,439 | 160,404 | |
| Balance sheet: equity and liabilities | ||||||||||||||||
10/49 |
1.3m | 856,089 | 695,948 | 467,182 | 303,924 | 94,341 | 72,894 | 1.4m | 1.4m | 1.4m | 1.5m | 1.5m | 1.7m | 1.8m | 2.1m | |
10/15 |
1.2m | 831,718 | 668,986 | 444,115 | 290,290 | 78,517 | 72,400 | 311,157 | -1.7m | -1.7m | -1.7m | -1.7m | -1.6m | -1.6m | -1.4m | |
10/11 |
61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 250,000 | 250,000 | 250,000 | 250,000 | 250,000 | 250,000 | 250,000 | 250,000 | |
100 |
61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 61,500 | 250,000 | 250,000 | 250,000 | 250,000 | 250,000 | 250,000 | 250,000 | 250,000 | |
13 |
6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 1.2m | |
130/1 |
6,150 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | |
132 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,975 | |
133 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.2m | |
14 |
1.2m | 764,068 | 601,336 | 376,465 | 222,640 | 10,867 | 4,750 | 36,157 | -2.0m | -2.0m | -2.0m | -1.9m | -1.8m | -1.9m | -2.9m | |
16 |
- | - | - | - | - | - | - | - | 2.5m | 2.5m | 2.5m | 2.5m | 2.5m | 2.5m | 2.5m | |
160/5 |
- | - | - | - | - | - | - | - | 2.5m | 2.5m | 2.5m | 2.5m | 2.5m | 2.5m | 2.5m | |
164/5 |
- | - | - | - | - | - | - | - | - | - | - | - | 2.5m | 2.5m | 2.5m | |
17/49 |
13,611 | 24,371 | 26,962 | 23,067 | 13,634 | 15,824 | 494 | 1.1m | 667,700 | 673,025 | 672,135 | 697,462 | 728,239 | 986,487 | 1.1m | |
42/48 |
13,611 | 24,371 | 26,962 | 23,067 | 13,634 | 12,874 | 130 | 1.1m | 667,700 | 673,025 | 672,135 | 697,462 | 728,239 | 983,430 | 1.1m | |
44 |
2,327 | 4,915 | 7,136 | 750 | 6,050 | 500 | 130 | 1.1m | 667,700 | 673,025 | 670,254 | 674,831 | 692,351 | 982,451 | 1.1m | |
440/4 |
2,327 | 4,915 | 7,136 | 750 | 6,050 | 500 | 130 | 1.1m | 667,700 | 673,025 | 670,254 | 674,831 | 692,351 | 982,451 | 1.1m | |
45 |
5,576 | 8,040 | 17,522 | 14 | 5,281 | 9,924 | - | - | - | - | 1,881 | 1,976 | 1,831 | 979 | - | |
450/3 |
3 | 2,458 | 15,947 | 14 | 5,281 | 9,924 | - | - | - | - | - | 1,976 | 862 | 99 | - | |
454/9 |
5,573 | 5,582 | 1,575 | - | - | - | - | - | - | - | 1,881 | - | 969 | 880 | - | |
47/48 |
5,708 | 11,416 | 2,304 | 22,303 | 2,303 | 2,450 | - | - | - | - | - | 20,655 | 34,057 | - | 24,507 | |
492/3 |
- | - | - | - | - | 2,950 | 364 | - | - | - | - | - | - | 3,057 | - | |
| Income statement | ||||||||||||||||
70/76A |
- | - | - | - | - | - | - | - | - | - | - | - | 39,129 | 33,782 | 2.5m | |
70 |
- | - | - | - | - | - | - | - | - | - | - | - | 34,568 | 30,000 | 2.4m | |
76A |
- | - | - | - | - | - | - | 567,701 | - | - | - | - | 154,096 | 31,210 | 2.7m | |
9900 |
446,112 | 207,663 | 227,299 | 177,875 | 211,998 | 9,104 | 9,927 | -15,164 | -7,010 | -28,693 | -764 | -103,791 | - | - | - | |
60/66A |
- | - | - | - | - | - | - | - | - | - | - | - | 113,611 | 217,824 | 4.5m | |
60 |
- | - | - | - | - | - | - | - | - | - | - | - | 9,999 | - | 2.4m | |
600/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.1m | |
609 |
- | - | - | - | - | - | - | - | - | - | - | - | 9,999 | - | 1.3m | |
61 |
- | - | - | - | - | - | - | - | - | - | - | - | 130,037 | 177,937 | 1.0m | |
62 |
26,905 | 44,961 | 2,384 | - | - | - | - | - | - | 2,036 | 12,463 | 12,498 | 12,520 | 24,231 | 1.6m | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | -39,046 | - | -369,893 | |
635/8 |
- | - | - | - | - | - | - | -2.5m | - | -13,000 | - | - | - | 13,000 | -191,894 | |
640/8 |
448 | 498 | 496 | 4,313 | 144 | 3,095 | 144 | 142 | 56 | 54 | 54 | 76 | 101 | 2,656 | 17,369 | |
66A |
- | - | - | - | - | - | - | 995,929 | - | - | 1,485 | 126 | - | 39,800 | 1.1m | |
9901 |
418,759 | 162,204 | 224,419 | 173,562 | 211,854 | 6,009 | 9,783 | 2.5m | -7,066 | -17,783 | -13,281 | -116,365 | -74,482 | -184,042 | -2.0m | |
75/76B |
8,349 | 528 | 452 | 263 | 34 | 131 | 4 | 18 | 17 | 1 | 41 | 894 | 3,580 | 2,548 | 18,305 | |
75 |
8,349 | 528 | 452 | 263 | 34 | 131 | 4 | 18 | 17 | 1 | 41 | 894 | 3,580 | 2,548 | 18,305 | |
750 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 2,429 | - | |
751 |
- | - | - | - | - | - | - | - | - | - | - | - | 3,580 | - | 5,236 | |
752/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 119 | 13,069 | |
65/66B |
219 | - | - | - | 115 | 23 | 43 | 160 | 57 | 344 | 2,291 | 324 | 4,897 | 16,111 | 56,723 | |
65 |
219 | - | - | - | 115 | 23 | 43 | 160 | 57 | 344 | 2,291 | 324 | 4,897 | 16,111 | 56,723 | |
650 |
- | - | - | - | - | - | - | - | - | - | - | - | 4,353 | 13,011 | 26,100 | |
652/9 |
- | - | - | - | - | - | - | - | - | - | - | - | 544 | 3,100 | 30,624 | |
9903 |
426,889 | 162,732 | 224,871 | 173,825 | 211,773 | 6,117 | 9,744 | 2.0m | -7,106 | -18,126 | -17,016 | -115,921 | 78,297 | -206,195 | -359,654 | |
67/77 |
13,600 | - | - | - | - | - | 1 | - | - | - | - | -364 | -535 | - | - | |
77 |
- | - | - | - | - | - | - | - | - | - | - | - | 535 | - | - | |
9904 |
413,289 | 162,732 | 224,871 | 173,825 | 211,773 | 6,117 | 9,743 | 2.0m | -7,106 | -18,126 | -17,016 | -115,557 | 78,832 | -206,195 | -359,654 | |
789 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 2,975 | - | |
9905 |
413,289 | 162,732 | 224,871 | 173,825 | 211,773 | 6,117 | 9,743 | 2.0m | -7,106 | -18,126 | -17,016 | -115,557 | 78,832 | -203,220 | -359,654 | |
| Appropriation of the result | ||||||||||||||||
9906 |
1.2m | 764,068 | 601,336 | 396,465 | 222,640 | 10,867 | 45,900 | 36,157 | -2.0m | -2.0m | -2.0m | -1.9m | -1.8m | -3.1m | -2.9m | |
791/2 |
- | - | - | - | - | - | 18,850 | - | - | - | - | - | - | 1.2m | - | |
792 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1.2m | - | |
694/7 |
- | - | - | 20,000 | - | - | 60,000 | - | - | - | - | - | - | - | - | |
694 |
- | - | - | - | - | - | 60,000 | - | - | - | - | - | - | - | - | |
695 |
- | - | - | 20,000 | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||
9087 |
0.8 | 1 | 0.1 | - | - | - | - | - | - | - | - | - | - | - | 46.4 | |
Hours worked1013 |
840 | 1,674 | 92 | - | - | - | - | - | - | - | - | - | - | - | 10,616 | |
| Document | ||||||||||||||||
The accounts for 29 older financial years (1977-2005) were filed as documents without figures as data, scans for example.
Source: Annual accounts 2020 (PDF), filed on 12-03-2021.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | abbreviated format | 12-03-2021 | 2021-07400405 | |
| 31-12-2019 | abbreviated format | 29-09-2020 | 2020-56900478 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-57500157 | |
| 31-12-2017 | abbreviated format | 27-08-2018 | 2018-53400348 | |
| 31-12-2016 | abbreviated format | 20-07-2017 | 2017-35400459 | |
| 31-12-2015 | abbreviated format | 15-06-2016 | 2016-18900220 | |
| 31-12-2014 | abbreviated format | 30-07-2015 | 2015-37300256 | |
| 31-12-2013 | abbreviated format | 30-08-2014 | 2014-54500018 | |
| 31-12-2012 | abbreviated format | 27-09-2013 | 2013-59800461 | |
| 31-12-2011 | abbreviated format | 28-08-2012 | 2012-46400364 | |
| 31-12-2010 | abbreviated format | 06-09-2011 | 2011-53600392 | |
| 31-12-2009 | abbreviated format | 31-08-2010 | 2010-51600554 | |
| 31-12-2008 | full format | 09-07-2009 | 2009-40000069 | |
| 31-12-2007 | full format | 16-07-2008 | 2008-42600078 | |
| 31-12-2006 | full format | 30-07-2007 | 2007-51600275 | |
| 31-12-2005 | full format | 23-08-2006 | 2006-66201706 | |
| 31-12-2004 | full format | 21-06-2005 | 2005-27600259 | |
| 31-12-2003 | full format | 09-07-2004 | 2004-42300034 | |
| 31-12-2002 | full format | 01-07-2003 | 2003-32800130 | |
| 31-12-2001 | full format | 27-06-2002 | 2002-27400034 | |
| 31-12-2000 | full format | 03-07-2001 | 2001-31100154 | |
| 31-12-1999 | full format | 02-05-2000 | 2000-11200029 | |
| 31-12-1998 | full format | 06-05-1999 | 1999-09204128 | |
| 31-12-1997 | full format | 19-06-1998 | 1998-19502231 | |
| 31-12-1996 | full format | 29-04-1997 | 1997-06602184 | |
| 31-12-1995 | full format | 03-05-1996 | 1996-07203170 | |
| 31-12-1994 | unclassified schema | 28-06-1995 | 1995-30503897 | |
| 30-06-1994 | full format | 23-05-1995 | 1995-09301310 | |
| 31-12-1993 | full format | 05-05-1994 | 1994-07503268 | |
| 31-12-1992 | full format | 06-07-1993 | 1993-22904941 | |
| 31-12-1991 | full format | 30-04-1992 | 1992-04903952 | |
| 31-12-1990 | full format | 26-07-1991 | 1991-20104898 | |
| 31-12-1989 | abbreviated format | 01-06-1990 | 1990-06504509 | |
| 31-12-1988 | abbreviated format | 27-04-1989 | 1989-03204418 | |
| 31-12-1987 | abbreviated format | 11-05-1988 | 1988-03504546 | |
| 31-12-1986 | abbreviated format | 13-05-1987 | 1987-06001511 | |
| 31-12-1985 | abbreviated format | 13-06-1986 | 1986-14001705 | |
| 31-12-1984 | full format | 30-05-1985 | 1985-06701945 | |
| 31-12-1983 | unclassified schema | 18-05-1984 | 1984-03301142 | |
| 31-12-1982 | unclassified schema | 11-05-1983 | 1983-02701534 | |
| 31-12-1981 | unclassified schema | 13-05-1982 | 1982-02701397 | |
| 31-12-1980 | unclassified schema | 13-05-1981 | 1981-02501856 | |
| 31-12-1979 | unclassified schema | 24-04-1980 | 1980-01702344 | |
| 31-12-1978 | unclassified schema | 04-05-1979 | 1979-02300590 | |
| 31-12-1977 | unclassified schema | 03-05-1978 | 1978-00201881 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,750 | ||
| -10,820 | 277,299 | 126,038 | 161,390 | 232,869 | 14,585 | 20,491 | 2,283 | -10,312 | 3,509 | -4,304 | -149,530 | 5,163 | -1,965 | - | ||
| 1.2m | 831,718 | 668,986 | 444,115 | 290,290 | 81,467 | 72,764 | 311,157 | 753,315 | 760,421 | 791,547 | 808,563 | 924,120 | 848,345 | 1.0m | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | -81.9% | ||
| 98.9% | 97.2% | 96.1% | 95.1% | 95.5% | 83.2% | 99.3% | 21.9% | -120.3% | -118.8% | -115.1% | -110.7% | -93.9% | -89.0% | -67.1% | ||
| 92.47 | 35.13 | 25.81 | 20.25 | 22.29 | 7.33 | - | 1.28 | 2.13 | 2.13 | 2.18 | 2.16 | 2.27 | 1.86 | 1.94 | ||
| 92.47 | 35.13 | 25.81 | 20.25 | 22.29 | 7.33 | - | 1.28 | 2.13 | 2.13 | 2.18 | 2.16 | 2.27 | 1.85 | 1.93 | ||
| 0.01 | 0.03 | 0.04 | 0.05 | 0.05 | 0.20 | 0.01 | 3.56 | - | - | - | - | - | - | - | ||
| 33.2% | 19.6% | 33.6% | 39.1% | 73.0% | 7.8% | 13.5% | 650.0% | - | - | - | - | - | - | - | ||
| 32.8% | 19.0% | 32.3% | 37.2% | 69.7% | 6.5% | 13.4% | 142.6% | -0.5% | -1.3% | -1.2% | -7.7% | 4.8% | -11.2% | -16.9% | ||
| - | - | - | - | - | - | - | - | - | - | - | - | 15072 days | 19094 days | 278 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | 1805 days | 2015 days | 113 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on M-TEC
The operating result for 2020 is 158% higher than in 2019 and the highest since 2013. It is a recovery after the fall in 2019.
Debt's share of the balance-sheet total falls from 2.8% to 1.1%. Equity is higher and debt is lower.