Financials
Financial year 2025
M.MANDART from Overijse, company number BE0428238172, closed financial year 2025 with a result of € 214,825 after tax. For that financial year M.MANDART recorded a gross margin of € 289,328 and equity of € 709,272. Compared with financial year 2024, the result moved from € 241,017 to € 214,825. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 5, 2026.
€ 709,272
▼ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 214,825
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 504,223
▼ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 608,543 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 29,849
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 638
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 78,439
▼ 10% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 306,898 | € 349,764 | € 348,301 | € 289,328 | ▼ 17% |
| Profit after taxes | € 206,543 | € 231,842 | € 241,017 | € 214,825 | ▼ 11% |
| Equity | € 665,631 | € 897,473 | € 1,102,990 | € 709,272 | ▼ 36% |
| Total debts | € 83,428 | € 97,121 | € 144,680 | € 715,182 | ▲ € 570,502 |
| Cash | € 678,665 | € 937,064 | € 540,316 | € 504,223 | ▼ 7% |
| Land & buildings | € 3,506 | € 3,005 | € 0 | - | |
| Retained profit | € 647,031 | € 878,873 | € 1,084,390 | € 690,672 | ▼ 36% |
| Dividend | € 0 | € 0 | € 35,500 | € 608,543 | ▲ € 573,043 |
| Balance sheet total | € 749,059 | € 994,593 | € 1,247,669 | € 1,424,454 | ▲ 14% |
Key figures of M.MANDART, 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 M.MANDART?
What happened at M.MANDART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 214,825 (▼ 11% vs 2024). Source: NBB ↗
- Maximilien Mandart became a director. NBB
- New establishment in Overijse. KBO
- Start of the company according to the CBE. KBO
In short
From € 206,543 profit in 2022 to € 214,825 profit in 2025.
Paid € 399,353 in corporate taxes since 2022.
Best year ever: 2024, with € 241,017 profit.
Paid out € 644,043 in dividends to the owners in total.
Management
Behind M.MANDART is Maximilien Mandart.
Directors
According to the 2025 annual accounts
Maximilien Mandart
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Vossebeekweg 34
3090 Overijse
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.238.172
- VAT number
- BE 0428.238.172
- Registered office
- Vossebeekweg 34, 3090 Overijse
- Names & denominations
- M.MANDART
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 1986
- Peppol
- Active · Active since 27 Mar 2025
- Activities · NACE
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