Summary
MWM has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €12.08M and a net result of €371k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 51% of 3200 sector peers (fiscal year 2025). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Credit check for your own amount and term
Signals
Checked, nothing found (2)
Financials · fiscal year 2025, full schema
Filed annual accounts As filed with the NBB · 2025 against 2024 · 80 lines
The notes to these accounts (77 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €1.37M | €1.53M | €2.12M | €1.76M | €1.93M | ▲ 9.9% |
| Turnover70 | €1.22M | €1.37M | €1.86M | €1.59M | €1.45M | ▼ 8.9% |
| Other operating income74 | €156k | €167k | €191k | €156k | €229k | ▲ 47.2% |
| Non-recurring operating income76A | €0 | - | €64k | €9k | €251k | ▲ 2,852% |
| Operating charges60/66A | €763k | €903k | €1.04M | €811k | €981k | ▲ 21.0% |
| Services and other goods61 | €105k | €172k | €157k | €162k | €300k | ▲ 85.3% |
| Remuneration, social security and pensions62 | €543k | €613k | €743k | €538k | €498k | ▼ 7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €90k | €93k | €122k | €106k | €162k | ▲ 53.1% |
| Other operating charges640/8 | €26k | €29k | €29k | €19k | €38k | ▲ 101% |
| Non-recurring operating charges66A | €-794 | €-5k | €-9k | €-13k | €-17k | ▼ 29.8% |
| Operating profit (loss)9901 | €612k | €631k | €1.08M | €945k | €949k | ▲ 0.4% |
| Financial income75/76B | €290k | €819k | €202k | €156k | €137k | ▼ 12.3% |
| Recurring financial income75 | €290k | €819k | €201k | €156k | €137k | ▼ 12.3% |
| Income from financial fixed assets750 | €267k | €796k | €160k | €100k | €100k | = |
| Income from current assets751 | €23k | €23k | €41k | €56k | €37k | ▼ 33.9% |
| Other financial income752/9 | - | - | €0 | €396 | €0 | ▼ 100% |
| Non-recurring financial income76B | - | - | €218 | €0 | - | - |
| Financial charges65/66B | €420k | €428k | €567k | €696k | €620k | ▼ 11.0% |
| Recurring financial charges65 | €420k | €428k | €567k | €696k | €620k | ▼ 11.0% |
| Debt charges650 | €420k | €425k | €567k | €696k | €618k | ▼ 11.2% |
| Other financial charges652/9 | €117 | €3k | €357 | €853 | €2k | ▲ 156% |
| Profit (loss) for the period before taxes9903 | €481k | €1.02M | €710k | €405k | €465k | ▲ 15.0% |
| Transfer from deferred taxes780 | €113 | €114 | €114 | €114 | €1k | ▲ 799% |
| Transfer to deferred taxes680 | - | - | - | - | €63k | - |
| Income taxes67/77 | €58k | €62k | €144k | €80k | €33k | ▼ 58.5% |
| Taxes670/3 | €58k | €62k | €144k | €80k | €33k | ▼ 58.5% |
| Profit (loss) for the period9904 | €423k | €960k | €566k | €325k | €371k | ▲ 14.0% |
| Transfer from tax-exempt reserves789 | €338 | €341 | €341 | €341 | €3k | ▲ 799% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €188k | - |
| Profit (loss) for the period to be appropriated9905 | €424k | €961k | €566k | €325k | €186k | ▼ 43.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €20.41M | €21.64M | €23.06M | €22.67M | €22.29M | ▼ 1.7% |
| Fixed assets21/28 | €18.60M | €19.52M | €21.11M | €21.13M | €21.15M | ▲ 0.1% |
| Intangible fixed assets21 | - | - | - | - | €253k | - |
| Tangible fixed assets22/27 | €3.59M | €4.12M | €4.19M | €4.22M | €3.94M | ▼ 6.5% |
| Land and buildings22 | €3.58M | €4.12M | €4.14M | €4.05M | €3.72M | ▼ 8.3% |
| Furniture and vehicles24 | €10k | €7k | €55k | €162k | €227k | ▲ 40.3% |
| Financial fixed assets28 | €15.01M | €15.40M | €16.92M | €16.92M | €16.96M | ▲ 0.2% |
| Affiliated companies280/1 | €11.76M | €12.13M | €13.65M | €12.90M | €12.94M | ▲ 0.3% |
| Participating interests280 | €11.76M | €12.13M | €13.65M | €12.90M | €12.94M | ▲ 0.3% |
| Companies linked by participating interests282/3 | €3.25M | €3.26M | €3.26M | €4.01M | €4.01M | = |
| Participating interests282 | €3.25M | €3.26M | €3.26M | €4.01M | €4.01M | = |
| Other financial fixed assets284/8 | €2k | €2k | €0 | - | - | - |
| Shares284 | €2k | €2k | €0 | - | - | - |
| Current assets29/58 | €1.81M | €2.12M | €1.95M | €1.54M | €1.14M | ▼ 26.0% |
| Amounts receivable after more than one year29 | €854k | €785k | €785k | €785k | €360k | ▼ 54.1% |
| Trade receivables290 | €854k | €0 | - | - | - | - |
| Other amounts receivable291 | - | €785k | €785k | €785k | €360k | ▼ 54.1% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €723k | €555k | €737k | €533k | €417k | ▼ 21.7% |
| Trade receivables40 | €237k | €295k | €517k | €265k | €147k | ▼ 44.8% |
| Other amounts receivable41 | €487k | €260k | €220k | €268k | €271k | ▲ 1.2% |
| Current investments50/53 | - | - | €250k | €0 | - | - |
| Other investments51/53 | - | - | €250k | €0 | - | - |
| Cash at bank and in hand54/58 | €233k | €780k | €174k | €219k | €352k | ▲ 60.3% |
| Deferred charges and accrued income490/1 | €270 | €954 | €2k | €950 | €9k | ▲ 887% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €20.41M | €21.64M | €23.06M | €22.67M | €22.29M | ▼ 1.7% |
| Equity10/15 | €9.86M | €10.82M | €11.38M | €11.71M | €12.08M | ▲ 3.2% |
| Contributions10/11 | €1.38M | €1.38M | €1.38M | €1.38M | €1.38M | = |
| Reserves13 | €8.48M | €9.44M | €10.00M | €10.33M | €10.70M | ▲ 3.6% |
| Non-distributable reserves130/1 | €138k | €138k | €0 | - | - | - |
| Reserves not available under the articles1311 | €138k | €138k | €0 | - | - | - |
| Tax-exempt reserves132 | €30k | €30k | €31k | €30k | €216k | ▲ 609% |
| Distributable reserves133 | €8.31M | €9.27M | €9.97M | €10.30M | €10.48M | ▲ 1.8% |
| Provisions and deferred taxes16 | €4.14M | €4.14M | €4.13M | €4.11M | €4.16M | ▲ 1.1% |
| Provisions for liabilities and charges160/5 | €4.14M | €4.13M | €4.12M | €4.11M | €4.09M | ▼ 0.4% |
| Other liabilities and charges164/5 | €4.14M | €4.13M | €4.12M | €4.11M | €4.09M | ▼ 0.4% |
| Deferred taxes168 | €6k | €5k | €4k | €4k | €66k | ▲ 1,589% |
| Amounts payable17/49 | €6.41M | €6.69M | €7.55M | €6.85M | €6.05M | ▼ 11.6% |
| Amounts payable after more than one year17 | €1.86M | €1.67M | €2.45M | €1.85M | €4.87M | ▲ 163% |
| Financial debts170/4 | €1.86M | €1.66M | €2.45M | €1.85M | €873k | ▼ 52.9% |
| Credit institutions173 | €1.86M | €1.66M | €2.45M | €1.85M | €873k | ▼ 52.9% |
| Other amounts payable178/9 | - | €1k | €2k | €510 | €4.00M | ▲ 784,317% |
| Amounts payable within one year42/48 | €4.30M | €4.78M | €5.10M | €4.99M | €1.18M | ▼ 76.3% |
| Current portion of amounts payable after more than one year42 | €478k | €396k | €490k | €434k | €344k | ▼ 20.8% |
| Trade debts44 | €99k | €218k | €53k | €18k | €46k | ▲ 156% |
| Suppliers440/4 | €99k | €218k | €53k | €18k | €46k | ▲ 156% |
| Taxes, remuneration and social security45 | €59k | €91k | €134k | €96k | €97k | ▲ 0.5% |
| Taxes450/3 | €27 | €28k | €49k | €40k | €31k | ▼ 22.8% |
| Remuneration and social security454/9 | €59k | €63k | €85k | €57k | €66k | ▲ 16.8% |
| Other amounts payable47/48 | €3.66M | €4.07M | €4.42M | €4.45M | €695k | ▼ 84.4% |
| Accrued charges and deferred income492/3 | €252k | €251k | €813 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €423k | €960k | €566k | €325k | €371k | ▲ 14.0% |
| + Depreciation and write-downs630 | €90k | €93k | €122k | €106k | €162k | ▲ 53.1% |
| Operating cash flow (approximation) | €513k | €1.05M | €688k | €431k | €532k | ▲ 23.6% |
| Investment in fixed assets (approximation) | - | €-1.01M | €-1.71M | €-128k | €-183k | ▼ 43.3% |
| Change in cash | - | €548k | €-606k | €46k | €132k | ▲ 190% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
08-09
State Gazette act
Capital & shares · Resignations & appointments · RestructuringAppointments: CALLENS VANDELANOTTE, Bloom Management and 4 others · Permanent representatives: MATTHYS Charlotte, MATTHYS Justin and MATTHYS Valérie · Auditor report43 facts ▸
- General meeting, 16-07-2026
- Other statement, TWEEDE BESLUIT – KENNISNAME WIJZIGING VERMOGENSTOESTAND
- Other statement, DERDE BESLUIT - AFSTAND VAN DE SPLITSINGSVERSLAGEN - KENNISNAME EN BESPREKING VAN STUKKEN EN VERSLAGEN, af te zien van de verslaggeving door de commissaris, een…
- Other statement, af te zien van de verslaggeving door de bestuursorganen inzake de geruisloze partiële splitsing, met het akkoord van zowel de enige aandeelhouder van de Te Spli…
- Other statement, B.1. Voorstel tot geruisloze partiële splitsing, de vergaderingen aanvaarden de uiteenzetting vervat in het voormelde voorstel tot geruisloze partiële splitsing
- Auditor appointment, CALLENS VANDELANOTTE (company auditor)
- Auditor report, 09-06-2026
- Shareholding
- Shareholding
- Demerger, geruisloze partiële splitsing, implementation confirmed
- Shareholding, 2520
- Share issue, no new shares, no exchange of shares
- +31 further facts in this act
17-08
State Gazette act
Capital & shares · Statutes amendment · RestructuringAppointment: Matthys Wim (non-statutory director) · Demerger · Net-asset statement14 facts ▸
- General meeting, 16/07/2026
- Demerger, geruisloze partiële splitsing door overdracht van activabestanddelen
- Demerger, geruisloze partiële splitsing door overdracht van activabestanddelen
- Net-asset statement, waarde inbreng MATTHYS NV
- Net-asset statement, waarde inbreng MGC Subcontracting BV
- Net-asset statement, totale weerhouden waarde inbreng
- Statutes amendment, 10
- Statutes amendment, 11
- Statutes amendment, 12
- Statutes amendment, 14
- Statutes amendment, 20
- Director appointment, Matthys Wim (non-statutory director)
- +2 further facts in this act
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 2 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34018C0719/00D000 | Flanders | 4,027 m² | 1 · 424 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Statutory auditor
1 auditor| Callens VandelanotteCurrent Company auditor | 08-09-2026 → present |
Articles of association
Full text
Elke gedelegeerd bestuurder (i.e. elke persoon gelast met het dagelijks bestuur) zal in deze hoedanigheid beschikken over alle machten van en over de maatschappelijke handtekening voor alle handelingen van het dagelijks bestuur, zonder beperking van bedrag. Algemene vertegenwoordigingsbevoegdheid In geval van een college van bestuurders (3 of meer bestuurders) wordt de vennootschap in en buiten rechte vertegenwoordigd door hetzij door één gedelegeerd bestuurder, hetzij door de voorzitter van het college van bestuurders, hetzij door twee bestuurders, samen optredend.
Structure & network
Ownership & control
1 board mandateAcquisitions and mergers
3 transactionsPublic money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 1,376 EUR awarded · 1,376 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,331 EUR | 1,331 EUR |
| 2022 | 1 | 45 EUR | 45 EUR |
Similar companies · same sector, comparable size
Identification & contact
Scores and ratios are computed by Checked and are not a credit decision.