Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 7.7 to 6.3.
Financials
Financial year 2025
MAHDANI from Tournai, company number BE0444695312, closed financial year 2025 with a result of € 64,546 after tax. For that financial year MAHDANI recorded a gross margin of € 506,808 and equity of € 600,656. Compared with financial year 2024, the result moved from € 106,027 to € 64,546. 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 August 17, 2026.
€ 600,656
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 64,546
▼ 39% vs 2024
Profit after tax over the fiscal year.
€ 659,269
▲ 4% 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 € 566,571.
People and assets in 2025
6.3
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 373,661
▼ 6% vs 2024
€ 59,300 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.
€ 76,689
▲ 78% 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.
€ 156,649
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 52,739
▲ 17% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 488,236 | € 499,301 | € 590,084 | € 506,808 | ▼ 14% |
| Profit after taxes | € 22,245 | € 34,132 | € 106,027 | € 64,546 | ▼ 39% |
| Equity | € 395,951 | € 430,083 | € 536,110 | € 600,656 | ▲ 12% |
| Total debts | € 268,076 | € 437,325 | € 316,725 | € 312,480 | ▼ 1% |
| Cash | € 299,233 | € 392,706 | € 632,730 | € 659,269 | ▲ 4% |
| Land & buildings | € 64,507 | € 59,805 | € 55,102 | € 50,400 | ▼ 9% |
| Retained profit | € 364,964 | € 399,096 | € 502,025 | € 566,571 | ▲ 13% |
| Bank debt | € 61,056 | € 31,333 | € 14,426 | € 0 | ▼ 100% |
| Balance sheet total | € 664,027 | € 867,408 | € 852,835 | € 913,136 | ▲ 7% |
| Employees (FTE) | 9 | 7.7 | 7.4 | 6.3 | ▼ 1.1 |
Key figures of MAHDANI, 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 MAHDANI?
What happened at MAHDANI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 64,546 (▼ 39% vs 2024). filed late Source: NBB ↗
- New establishment in Tournai. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,245 profit in 2022 to € 64,546 profit in 2025.
Paid € 86,999 in corporate taxes since 2022.
Best year ever: 2024, with € 106,027 profit.
On average € 80,400 of value added per employee in 2025.
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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
Behind MAHDANI are Justin KUBAT and Najib MAHDANI.
Directors
According to the 2025 annual accounts
Justin KUBAT
Director
Najib MAHDANI
Director
Establishments
Establishment units
Physical locations of this company
Chaussée de Saint-Amand(CH) 209
7521 Tournai
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.695.312
- VAT number
- BE 0444.695.312
- Registered office
- Chaussée de Saint-Amand(CH) 209, 7521 Tournai
- Names & denominations
- MAHDANI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 1991
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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