Financials
Financial year 2025
MK ENGINEERING from Elsene, company number BE0442393244, closed financial year 2025 with a result of € 40,928 after tax. For that financial year MK ENGINEERING recorded a gross margin of € 1.2 million and equity of € 339,150. Compared with financial year 2024, the result moved from € 53,039 to € 40,928. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 339,150
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,928
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 269,203
▲ 135% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 30,000 paid out
73 % of the profit went to the shareholders, mostly to ALT-O (100 % of the shares). That is where the money ends up.
People and assets in 2025
14.6
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
▲ 3% vs 2024
€ 70,400 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.
€ 48,066
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 126,259
▼ 18% vs 2024
€ 12,630 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 194,069
▲ 116% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 170,647
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 827,778 | € 877,628 | € 1,107,645 | € 1,170,805 | ▲ 6% |
| Profit after taxes | € 97,236 | € 58,888 | € 53,039 | € 40,928 | ▼ 23% |
| Equity | € 216,296 | € 275,183 | € 328,222 | € 339,150 | ▲ 3% |
| Total debts | € 383,956 | € 357,254 | € 447,814 | € 528,476 | ▲ 18% |
| Cash | € 206,494 | € 70,469 | € 114,417 | € 269,203 | ▲ 135% |
| Retained profit | € 197,704 | € 256,591 | € 309,630 | € 320,558 | ▲ 4% |
| Dividend | € 90,000 | € 0 | € 0 | € 30,000 | |
| Bank debt | € 78,060 | € 115,570 | € 154,109 | € 126,259 | ▼ 18% |
| Balance sheet total | € 600,252 | € 632,438 | € 776,036 | € 867,625 | ▲ 12% |
| Employees (FTE) | 11.8 | 12 | 15 | 14.6 | ▼ 0.4 |
Key figures of MK ENGINEERING, 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 MK ENGINEERING?
What happened at MK ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 40,928 (▼ 23% vs 2024). Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 97,236 profit in 2022 to € 40,928 profit in 2025.
Paid € 112,415 in corporate taxes since 2022.
Best year ever: 2022, with € 97,236 profit.
On average € 80,200 of value added per employee in 2025.
A new publication or filing at MK ENGINEERING? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of ALT-O comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MK ENGINEERINGBehind MK ENGINEERING are Corentin VOGLAIRE, Piotr WIERUSZ-KOWALSKI and Katia LINARES. The shares are held by ALT-O (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Waterloose Steenweg 412F
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.393.244
- VAT number
- BE 0442.393.244
- Registered office
- Waterloose Steenweg 412F, 1050 Elsene
- Names & denominations
- MK ENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 January 1991
- Peppol
- Active · Active since 21 Oct 2025
- Activities · NACE
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