Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 15.4 to 12.8.
Financials
Financial year 2025
MESTDAGH from Veurne, company number BE0419817087, closed financial year 2025 with a result of € -205,456 after tax. For that financial year MESTDAGH recorded a gross margin of € 663,005 and equity of € 320,260. Compared with financial year 2024, the result moved from € -389,936 to € -205,456. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.
€ 320,260
▲ € 644,544 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -205,456
▲ 47 % less loss than in 2024
Profit after tax over the fiscal year.
€ 37,492
▲ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -591,240.
People and assets in 2025
12.8
▼ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 695,895
▼ 11% vs 2024
€ 54,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 59,024
▲ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 907,086
▲ 60% vs 2024
€ 71,227 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 150,301
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 112,621
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,084,075 | € 824,364 | € 611,853 | € 663,005 | ▲ 8% |
| Profit after taxes | € 109,519 | € -262,367 | € -389,936 | € -205,456 | ▲ € 184,480 |
| Equity | € 492,612 | € 230,245 | € -324,284 | € 320,260 | ▲ € 644,544 |
| Total debts | € 1,998,697 | € 1,902,935 | € 2,127,998 | € 1,219,878 | ▼ 43% |
| Cash | € 304,796 | € 153,195 | € 28,138 | € 37,492 | ▲ 33% |
| Land & buildings | € 207,151 | € 158,213 | € 0 | - | |
| Retained profit | € 292,612 | € 30,245 | € -385,784 | € -591,240 | ▼ € 205,456 |
| Bank debt | € 1,106,806 | € 752,956 | € 567,107 | € 907,086 | ▲ 60% |
| Balance sheet total | € 2,491,309 | € 2,133,180 | € 1,803,713 | € 1,540,138 | ▼ 15% |
| Employees (FTE) | 15 | 15.4 | 14.6 | 12.8 | ▼ 1.8 |
Key figures of MESTDAGH, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MESTDAGH?
What happened at MESTDAGH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Thomas Haspeslagh stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 205,456. Source: NBB ↗
- Real Foods & Co BV stepped down as director. NBB
- Thomas Haspeslagh became a director. NBB
- Real Foods & Co BV became a director. NBB
- New establishment in Veurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 109,519 profit in 2022 to € 205,456 loss in 2025.
Paid € 3,180 in corporate taxes since 2022.
Best year ever: 2022, with € 109,519 profit.
On average € 51,800 of value added per employee in 2025.
Management
The stake of REAL FOODS & CO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MESTDAGHThe shares are held by REAL FOODS & CO (100%).
Directors
According to the 2025 annual accounts
Director · represented by Thomas Haspeslagh
since 2024 · until 2025
Thomas Haspeslagh
Director
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koksijdestraat 17 box A
8630 Veurne
Koksijdestraat 17 A
8630 Veurne
Active since 1 November 1979
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0419.817.087
- VAT number
- BE 0419.817.087
- Registered office
- Koksijdestraat 17 bus A, 8630 Veurne
- Names & denominations
- MESTDAGH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 1979
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
Vervaardiging van andere voedingsmiddelen, neg
Vervaardiging van overige voedingsmiddelen, n.e.g.
Vervaardiging van roomijs en ander consumptie-ijs
Vervaardiging van consumptie-ijs
Overige detailhandel in voedingsmiddelen, neg
Overige detailhandel in voedings- en genotmiddelen in gespecialiseerde winkels, n.e.g.
Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.