Profit
9 profitable years in a row. Profit 2025: €321,900.
9 profitable years in a row. Profit 2025: €321,900.
Short-term debts fell from €641,615 to €135,866.
The last five annual accounts were filed 8 to 45 days before the end of the period.
Shares in 3 companies, including MOTMANS & PARTNERS and Motmans & Partners Antwerpen
Board & ownershipAbsorbed by FUTUHR in February 2026. The last annual accounts are for financial year 2025. The company was dissolved without liquidation.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
Total assets20/58 |
2.0m | 2.3m | 1.9m | 2.0m | 2.2m | 2.4m | 2.2m | 1.9m | 1.9m | 2.6m | |
Fixed assets21/28 |
1.7m | 1.7m | 1.7m | 1.7m | 2.1m | 2.1m | 1.8m | 1.8m | 1.8m | 2.5m | |
Tangible fixed assets22/27 |
- | - | - | - | - | - | 15,037 | 30,074 | 45,111 | 60,148 | |
Furniture and vehicles24 |
- | - | - | - | - | - | 15,037 | 30,074 | 45,111 | 60,148 | |
Financial fixed assets28 |
1.7m | 1.7m | 1.7m | 1.7m | 2.1m | 2.1m | 1.8m | 1.8m | 1.7m | 2.4m | |
Current assets29/58 |
336,270 | 615,518 | 199,175 | 321,799 | 85,289 | 228,894 | 331,553 | 49,557 | 107,435 | 125,632 | |
Amounts receivable within one year40/41 |
333,558 | 609,593 | 181,474 | 224,415 | 77,574 | 101,167 | 321,477 | 47,670 | 74,371 | 112,000 | |
Trade receivables40 |
- | 2,989 | 70,825 | 214,466 | 76,458 | 95,167 | 48,329 | 27,670 | 74,371 | 112,000 | |
Other amounts receivable41 |
333,558 | 606,605 | 110,649 | 9,950 | 1,116 | 6,000 | 273,149 | 20,000 | - | - | |
Cash at bank and in hand54/58 |
2,711 | 5,925 | 17,701 | 97,384 | 7,715 | 125,533 | 8,271 | - | 31,214 | 11,662 | |
Deferred charges and accrued income490/1 |
- | - | - | - | - | 2,195 | 1,804 | 1,887 | 1,850 | 1,970 | |
| Balance sheet: equity and liabilities | |||||||||||
Total equity and liabilities10/49 |
2.0m | 2.3m | 1.9m | 2.0m | 2.2m | 2.4m | 2.2m | 1.9m | 1.9m | 2.6m | |
Equity10/15 |
1.9m | 1.6m | 1.6m | 901,489 | 966,090 | 745,161 | 535,659 | 312,281 | 55,362 | 22,061 | |
Contributions10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
Issued capital100 |
- | - | - | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | |
Reserves13 |
1.5m | 1.5m | 1.5m | 881,489 | 946,090 | 725,161 | 515,659 | 292,281 | 35,362 | 2,061 | |
Non-distributable reserves130/1 |
- | - | - | 2,000 | 2,000 | 2,000 | - | - | - | - | |
Legal reserve130 |
- | - | - | - | - | - | 2,000 | 2,000 | 2,000 | 1,703 | |
Reserves not available under the articles1311 |
- | - | - | 2,000 | 2,000 | 2,000 | - | - | - | - | |
Distributable reserves133 |
1.5m | 1.5m | 1.5m | 879,489 | 944,090 | 723,161 | 513,659 | 290,281 | 33,362 | 358 | |
Profit (loss) carried forward14 |
321,900 | - | - | - | - | - | - | - | - | - | |
Amounts payable17/49 |
159,795 | 760,942 | 344,599 | 1.1m | 1.3m | 1.6m | 1.6m | 1.6m | 1.8m | 2.6m | |
Amounts payable after more than one year17 |
23,929 | 118,752 | 212,615 | 304,187 | 1.0m | 1.2m | 1.2m | 1.2m | 1.5m | 2.2m | |
Financial debts170/4 |
23,929 | 118,752 | 212,615 | 304,187 | 1.0m | 1.2m | 1.2m | 1.2m | 1.5m | 2.2m | |
Amounts payable within one year42/48 |
135,866 | 641,615 | 131,582 | 817,586 | 230,779 | 412,397 | 413,569 | 331,243 | 373,729 | 330,013 | |
Current portion of amounts payable after more than one year42 |
102,661 | 101,134 | 99,179 | 98,571 | 182,648 | 179,599 | 176,014 | 150,958 | 127,853 | 137,146 | |
Financial debts43 |
8,372 | 8,361 | 8,368 | - | 18,324 | 64,195 | - | 279 | - | - | |
Credit institutions430/8 |
8,372 | 8,361 | 8,368 | - | 18,324 | 64,195 | - | 279 | - | - | |
Trade debts44 |
2,200 | 6,633 | 539 | 174,613 | 9,749 | 12,972 | 10,618 | 5,476 | 25,288 | 123,453 | |
Suppliers440/4 |
2,200 | 6,633 | 539 | 174,613 | 9,749 | 12,972 | 10,618 | 5,476 | 25,288 | 123,453 | |
Taxes, remuneration and social security45 |
- | - | 23,497 | 3,351 | 2,059 | 81,094 | 112,542 | 63,620 | 39,297 | 21,743 | |
Taxes450/3 |
- | - | 23,497 | 3,351 | 2,059 | 81,094 | 111,825 | 60,389 | 36,177 | 18,933 | |
Remuneration and social security454/9 |
- | - | - | - | - | - | 717 | 3,232 | 3,120 | 2,810 | |
Other amounts payable47/48 |
22,632 | 525,488 | - | 541,052 | 18,000 | 74,538 | 114,395 | 110,909 | 181,291 | 47,672 | |
Accrued charges and deferred income492/3 |
- | 575 | 403 | 528 | - | 62 | 42 | 3 | 9 | 3 | |
| Income statement | |||||||||||
Non-recurring operating income76A |
- | - | - | - | - | 6,963 | - | - | - | - | |
Gross operating margin9900 |
-9,712 | -5,496 | 49,935 | 24,293 | 79,108 | 276,674 | 155,214 | 165,018 | 115,757 | 94,391 | |
Remuneration, social security and pensions62 |
- | - | - | - | 346 | 320 | 21,473 | 23,165 | 36,144 | 17,635 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
- | - | - | - | - | - | 15,037 | 15,037 | 15,037 | 15,037 | |
Other operating charges640/8 |
1,060 | 1,030 | 1,022 | 930 | 1,812 | 6,382 | 2,298 | 3,353 | 1,419 | 1,936 | |
Operating profit (loss)9901 |
-10,772 | -6,526 | 48,912 | 23,363 | 76,951 | 269,971 | 116,406 | 123,463 | 63,157 | 59,783 | |
Financial income75/76B |
356,304 | 304,933 | 622,851 | 727,013 | 175,383 | 79,977 | 201,149 | 235,865 | 27,143 | - | |
Recurring financial income75 |
356,304 | 304,933 | 622,851 | 727,013 | 175,383 | 79,977 | 201,149 | 235,865 | 27,143 | - | |
Financial charges65/66B |
3,632 | 6,771 | 5,773 | 11,627 | 12,350 | 10,401 | 15,498 | 13,503 | 19,010 | 18,114 | |
Recurring financial charges65 |
3,632 | 6,771 | 5,773 | 11,626 | 12,350 | 10,401 | 15,498 | 13,503 | 19,010 | 18,114 | |
Non-recurring financial charges66B |
- | - | - | 0 | - | - | - | - | - | - | |
Profit (loss) for the period before taxes9903 |
341,900 | 291,636 | 665,990 | 738,750 | 239,983 | 339,548 | 302,057 | 345,825 | 71,290 | 41,669 | |
Income taxes67/77 |
20,000 | - | 10,913 | 3,351 | 19,053 | 73,509 | 37,729 | 49,996 | 14,825 | 7,608 | |
Profit (loss) for the period9904 |
321,900 | 291,636 | 655,077 | 735,399 | 220,930 | 266,039 | 264,328 | 295,828 | 56,465 | 34,061 | |
Profit (loss) for the period to be appropriated9905 |
321,900 | 291,636 | 655,077 | 735,399 | 220,930 | 266,039 | 264,328 | 295,828 | 56,465 | 34,061 | |
| Appropriation of the result | |||||||||||
Profit (loss) to be appropriated9906 |
321,900 | 291,636 | 655,077 | 735,399 | 220,930 | 266,039 | 264,328 | 295,828 | 56,465 | 34,061 | |
Transfer from equity791/2 |
- | - | - | 300,000 | - | - | - | - | - | - | |
Transfer to equity691/2 |
- | - | 655,077 | 235,399 | 220,930 | 209,502 | 223,378 | 256,919 | 33,301 | 2,061 | |
To the legal reserve6920 |
- | - | - | - | - | - | - | - | 297 | 1,703 | |
To other reserves6921 |
- | - | 655,077 | 235,399 | 220,930 | 209,502 | 223,378 | 256,919 | 33,004 | 358 | |
Profit to be distributed694/7 |
- | 291,636 | - | 800,000 | - | 56,538 | 40,950 | 38,909 | 23,164 | 32,000 | |
Return on contributions (dividend)694 |
- | 291,636 | - | 800,000 | - | - | - | - | - | - | |
Directors or managers695 |
- | - | - | - | - | 56,538 | 40,950 | 38,909 | 23,164 | 32,000 | |
| Social balance sheet | |||||||||||
Average staff (FTE)9087 |
- | - | - | - | - | - | 0.5 | 0.5 | 0.9 | 0.4 | |
Hours worked1013 |
- | - | - | - | - | - | 827 | 830 | 1,698 | 708 | |
| Document | |||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 23-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 23-07-2026 | 2026-00336236 | |
| 31-12-2024 | abbreviated format | 01-07-2025 | 2025-00228575 | |
| 31-12-2023 | abbreviated format | 09-07-2024 | 2024-00225412 | |
| 31-12-2022 | abbreviated format | 19-06-2023 | 2023-00139240 | |
| 31-12-2021 | abbreviated format | 16-06-2022 | 2022-20070393 | |
| 31-12-2020 | abbreviated format | 01-07-2021 | 2021-30300174 | |
| 31-12-2019 | abbreviated format | 29-07-2020 | 2020-36300081 | |
| 31-12-2018 | abbreviated format | 26-07-2019 | 2019-39300410 | |
| 31-12-2017 | abbreviated format | 18-06-2018 | 2018-20200482 | |
| 31-12-2016 | abbreviated format | 12-07-2017 | 2017-30600083 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | - | - | - | - | - | - | 131,443 | 138,500 | 78,194 | 74,820 | |
| Cash flow | - | - | - | - | - | - | 279,365 | 310,865 | 71,502 | 49,098 | |
| Investment in fixed assets (approximation) | - | - | - | - | - | 344,828 | -3,750 | 125,250 | 136,500 | 2.5m | |
| Change in cash | -3,213 | -11,776 | -79,683 | 89,669 | -117,817 | 117,262 | - | - | 19,552 | - | |
| Working capital | 200,404 | -26,098 | 67,593 | -495,787 | -145,489 | -183,503 | -82,017 | -281,686 | -266,295 | -204,381 | |
| Solvency | 92.2% | 67.2% | 81.9% | 44.5% | 43.5% | 31.5% | 24.9% | 16.5% | 2.9% | 0.9% | |
| Current ratio | 2.48 | 0.96 | 1.51 | 0.39 | 0.37 | 0.56 | 0.80 | 0.15 | 0.29 | 0.38 | |
| Debt to equity | 0.09 | 0.49 | 0.22 | 1.24 | 1.30 | 2.17 | 3.02 | 5.05 | 32.97 | - | |
| ROE | 17.1% | 18.7% | 42.1% | 81.6% | 22.9% | 35.7% | 49.3% | 94.7% | 102.0% | 154.4% | |
| ROA | 15.8% | 12.6% | 34.5% | 36.3% | 9.9% | 11.2% | 12.3% | 15.6% | 3.0% | 1.3% |
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.
The operating result for 2025 is a loss of €10,772, larger than the loss of €6,526 in 2024. It is the lowest result since 2016.
Debt's share of the balance-sheet total falls from 32.8% to 7.8%. Equity is higher and debt is lower.
Source: parent in its own accounts, lists of holdings in the owners' accounts
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
Part of the group STELLAR Group, risk and exposure| Transformics via M-MANAGEMENT (at NETWORK until 2026), MAD (at NETWORK until 2026) and Tejest Invest (at NETWORK until 2024) · Director · deed of 18-03-2024 founded in 2015 · negative equity (2025) · group STELLAR |
7,231 FTE (2025) |
| Ariël Facilitaire Diensten via Tejest Invest, at NETWORK until 2024 · Director · deed of 16-05-2023 founded in 1983 · negative equity (2025) · group STELLAR |
278 FTE (2025) |
| Solid Media via M-MANAGEMENT (at NETWORK until 2026), MAD (at NETWORK until 2026) and Tejest Invest (at NETWORK until 2024) · deed of 25-09-2023 founded in 2020 · negative equity (2025) · group STELLAR |
6.2 FTE (2025) |
| SEDONA via M-MANAGEMENT (at NETWORK until 2026) and MAD (at NETWORK until 2026) · Director · deed of 10-01-2023 founded in 2012 · negative equity (2025) |
total assets €262,448 (2025) |
| RCA X NIGHTINGALE via M-MANAGEMENT (at NETWORK until 2026) and MAD (at NETWORK until 2026) · Director · deed of 24-06-2025 founded in 2022 · negative equity (2025) · group STELLAR |
total assets €40,918 (2025) |
| DIENSTENBEDRIJF EASY LIFE via M-MANAGEMENT (at NETWORK until 2026), MAD (at NETWORK until 2026) and Tejest Invest (at NETWORK until 2024) · Director · deed of 06-05-2024 founded in 2009 · group STELLAR |
2,241 FTE (2025) |
| SIVAC via M-MANAGEMENT (at NETWORK until 2026), MAD (at NETWORK until 2026) and Tejest Invest (at NETWORK until 2024) · Director · deed of 23-04-2024 founded in 1968 · group STELLAR |
891 FTE (2025) |
| DILITO via M-MANAGEMENT (at NETWORK until 2026), MAD (at NETWORK until 2026) and Tejest Invest (at NETWORK until 2024) · Director · deed of 17-04-2024 founded in 1986 · group STELLAR |
455 FTE (2025) |
| SYNTRAPXL via O&S, at NETWORK until 2026 · Director · deed of 05-04-2023 founded in 1969 |
140 FTE (2025) |
| Job Expert via M-MANAGEMENT (at NETWORK until 2026), MAD (at NETWORK until 2026) and Tejest Invest (at NETWORK until 2024) · Director · deeds of 02-02-2023 and 20-12-2021 founded in 1993 · group STELLAR |
264 FTE (2025) |
| QUANTUM SERVICES via M-MANAGEMENT (at NETWORK until 2026) and MAD (at NETWORK until 2026) · Director · deed of 10-06-2022 founded in 2017 · group STELLAR |
218 FTE (2025) |
| Sinek via Tejest Invest, at NETWORK until 2024 · Director · deed of 06-02-2024 founded in 2024 · group STELLAR |
total assets €22.0m (2025) |
| RCA via M-MANAGEMENT (at NETWORK until 2026) and MAD (at NETWORK until 2026) · Director · deed of 23-06-2025 founded in 2005 · group STELLAR |
51 FTE (2025) |
| OZIE via M-MANAGEMENT (at NETWORK until 2026) and MAD (at NETWORK until 2026) · deeds of 09-01-2024 and 11-08-2021 founded in 2004 |
1.3 FTE (2025) |
| RCA 38 via M-MANAGEMENT (at NETWORK until 2026) and MAD (at NETWORK until 2026) · Director · deed of 24-06-2025 founded in 2019 · group STELLAR |
turnover €1.2m (2025) |
| IZIKO via M-MANAGEMENT (at NETWORK until 2026), MAD (at NETWORK until 2026) and Tejest Invest (at NETWORK until 2024) · Director · deed of 18-03-2024 founded in 2018 · group STELLAR |
51 FTE (2025) |
| Media38 via M-MANAGEMENT (at NETWORK until 2026) and MAD (at NETWORK until 2026) · Director · deed of 19-06-2025 founded in 2003 · group STELLAR |
total assets €8.3m (2025) |
| HEAD OFFICE via M-MANAGEMENT (at NETWORK until 2026) and MAD (at NETWORK until 2026) · Director · deed of 06-08-2025 founded in 2002 · group STELLAR |
18 FTE (2025) |
| HQ38 via M-MANAGEMENT (at NETWORK until 2026) and MAD (at NETWORK until 2026) · Director · deed of 26-06-2025 founded in 1987 · group STELLAR |
turnover €199,861 (2025) |
| Faresa via O&S, at NETWORK until 2026 · Director · deed of 25-06-2026 founded in 2009 |
5.7 FTE (2025) |
| Isobvious via M-MANAGEMENT (at NETWORK until 2026) and MAD (at NETWORK until 2026) · Director (not named in the articles) · deed of 15-03-2023 founded in 2023 · group STELLAR |
18 FTE (2025) |
| sQills via M-MANAGEMENT (at NETWORK until 2026) and MAD (at NETWORK until 2026) · Director · deed of 02-05-2025 founded in 1995 · group STELLAR |
turnover €1.4m (2025) |
| CONCEPTZ via M-MANAGEMENT (at NETWORK until 2026), MAD (at NETWORK until 2026) and Tejest Invest (at NETWORK until 2024) · Director · deed of 06-05-2024 founded in 2016 · group STELLAR |
8 FTE (2025) |
| NEAT SERVICES via M-MANAGEMENT (at NETWORK until 2026) and MAD (at NETWORK until 2026) · Director · deed of 11-08-2021 founded in 2017 · group STELLAR |
total assets €797,811 (2025) |
| WORK WIZARDS via MAD, at NETWORK until 2026 · Director · deed of 11-08-2021 founded in 2017 · group STELLAR |
0.6 FTE (2025) |
| TOP GUN ACADEMY via MAD, at NETWORK until 2026 · Director · deed of 11-08-2021 founded in 2017 · group STELLAR |
4.1 FTE (2025) |
| Kast STAK via M-MANAGEMENT (at NETWORK until 2026) and MAD (at NETWORK until 2026) · Director · deed of 19-12-2023 |
founded in 2023 |
| Het Poetsbureau via M-MANAGEMENT (at NETWORK until 2026) and MAD (at NETWORK until 2026) · Director · deed of 11-08-2021 No longer active |
1,253 FTE (2024) |
| De Vlijtige Mier via M-MANAGEMENT (at NETWORK until 2026) and MAD (at NETWORK until 2026) · Director · deed of 14-07-2022 No longer active |
527 FTE (2024) |
| MOJO via M-MANAGEMENT (at NETWORK until 2026), MAD (at NETWORK until 2026) and Tejest Invest (at NETWORK until 2024) · Director · deed of 08-03-2023 No longer active · group STELLAR |
160 FTE (2023) |
| MONJO via M-MANAGEMENT (at NETWORK until 2026), MAD (at NETWORK until 2026) and Tejest Invest (at NETWORK until 2024) · Director · deed of 08-02-2023 No longer active · group STELLAR |
1.3 FTE (2023) |
| Branson via M-MANAGEMENT, at NETWORK until 2026 · Director · deed of 11-08-2021 No longer active |
total assets €3,067 (2020) |
Source for every holding own accounts 2025
| Name | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| MOTMANS & PARTNERS | 100% | 97.32% | ||||||||
| Motmans & Partners Antwerpen | 51% | 95.33% | ||||||||
| MOTMANS & PARTNERS HR RESOURCES | 53.5% | 51% | ||||||||
| ODYN | 90% | 60% | ||||||||
| Engenius | 33% | |||||||||
Source: list of holdings in its own accounts
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
deed of 08-01-2024 (in Dutch)
NETWORK is no longer in the KBO register. FUTUHR took it over in a merger by absorption, published in the Belgian Official Gazette on 5 March 2026.
If something looks wrong or is missing, please tell us.