Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GOODWILL M + G from Kontich, company number BE0429586274, closed financial year 2025 with a result of € 79,623 after tax. For that financial year GOODWILL M + G recorded a gross margin of € 2.4 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € -60,379 to € 79,623. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 1.9 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 79,623
▲ still € 60,379 loss in 2024
Profit after tax over the fiscal year.
€ 350,917
▼ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.8 million.
People and assets in 2025
24
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
€ 73,400 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.
€ 61,313
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2 million
▼ 15% vs 2024
€ 228,747 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.3 million
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 231,506
▼ 29% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,106,480 | € 3,440,821 | € 2,334,619 | € 2,422,773 | ▲ 4% |
| Profit after taxes | € 793,397 | € 823,274 | € -60,379 | € 79,623 | ▲ € 140,002 |
| Equity | € 1,814,401 | € 2,115,100 | € 1,796,823 | € 1,868,548 | ▲ 4% |
| Total debts | € 4,208,079 | € 3,987,434 | € 4,594,243 | € 4,219,502 | ▼ 8% |
| Cash | € 430,259 | € 327,136 | € 511,192 | € 350,917 | ▼ 31% |
| Land & buildings | € 1,534,065 | € 1,420,940 | € 1,316,368 | € 1,219,574 | ▼ 7% |
| Retained profit | € 1,771,636 | € 2,080,233 | € 1,769,854 | € 1,849,477 | ▲ 4% |
| Dividend | € 485,000 | € 485,000 | € 250,000 | € 0 | ▼ 100% |
| Bank debt | € 2,020,091 | € 1,903,233 | € 2,312,464 | € 1,957,735 | ▼ 15% |
| Balance sheet total | € 6,039,210 | € 6,113,798 | € 6,396,864 | € 6,088,382 | ▼ 5% |
| Employees (FTE) | 26.3 | 26.7 | 23.9 | 24 | ▲ 0.1 |
Key figures of GOODWILL M + G, 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 GOODWILL M + G?
What happened at GOODWILL M + G in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 79,623. Source: NBB ↗
- FAMO stepped down as director. NBB
- New establishment in Kontich. KBO
- Start of the company according to the CBE. KBO
In short
From € 793,397 profit in 2022 to € 79,623 profit in 2025.
Paid € 710,178 in corporate taxes since 2022.
Best year ever: 2023, with € 823,274 profit.
On average € 100,900 of value added per employee in 2025.
Management
The stake of GOODWILL INVEST & BEHEER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GOODWILL M + GBehind GOODWILL M + G is VM VALUE BV. The shares are held by GOODWILL INVEST & BEHEER (100%). It owns 100% of GOODWILL M&G Holiday Decor Inc. and 100% of GOODWILL Asia-Pacific Ltd itself.
Directors
According to the 2025 annual accounts
Director · represented by Van Maercke Johan Luc
Also active at: GOODWILL INVEST & BEHEER
Director · represented by MOORKENS Axel
Also active at: VERVLOET, Alcopa Capital Development, International Cycling Parts Services, Whitestone Group, HEYLEN NATUUR- & GROENBEDRIJF, VERVLOET INTERNATIONAL, Cycling Parts Testing, NATURE FOREVER +8 more
· until 2026
Shareholders
Participations
GOODWILL M&G Holiday Decor Inc.
100%
GOODWILL Asia-Pacific Ltd
100%
Establishments
Establishment units
Physical locations of this company
Veldkant 6
2550 Kontich
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLDIN-NL Your Hosting B.V. part of Your.Online, NL
Website info
Features
Security
Details
- Company number
- 0429.586.274
- VAT number
- BE 0429.586.274
- Registered office
- Veldkant 6, 2550 Kontich
- Names & denominations
- GOODWILL M + G
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 October 1986
- Peppol
- Active · Active since 16 Sept 2025
- Contact
- goodwill.be [email protected]
- Activities · NACE
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