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 24.5 to 14.7.
Financials
Financial year 2025
MABRU from Brussel, company number BE0446940267, closed financial year 2025 with a result of € 65,677 after tax. For that financial year MABRU recorded revenue of € 4.7 million and equity of € 4.2 million. Compared with financial year 2024, the result moved from € -52,542 to € 65,677. Profitable, and profit is growing. 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.
€ 4.2 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 65,677
▲ still € 52,542 loss in 2024
Profit after tax over the fiscal year.
€ 1.4 million
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
14.7
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▲ 9% vs 2024
€ 108,700 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.
€ 88,907
▲ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.5 million
▼ 14% vs 2024
€ 488,617 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 236,302
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 346,025
▲ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,108,981 | € 4,366,929 | € 4,419,922 | € 4,731,093 | ▲ 7% |
| Gross margin | € 2,793,104 | € 2,516,086 | € 2,616,430 | € 2,729,744 | ▲ 4% |
| Profit after taxes | € 437,204 | € 16,674 | € -52,542 | € 65,677 | ▲ € 118,218 |
| Equity | € 4,255,237 | € 4,244,202 | € 4,163,951 | € 4,201,919 | ▲ 1% |
| Total debts | € 4,854,467 | € 4,173,295 | € 3,887,529 | € 3,518,187 | ▼ 10% |
| Cash | € 1,762,769 | € 1,347,851 | € 1,456,402 | € 1,365,795 | ▼ 6% |
| Land & buildings | € 6,313,006 | € 5,937,722 | € 5,524,539 | € 5,015,667 | ▼ 9% |
| Retained profit | € 3,749,692 | € 3,766,366 | € 3,713,824 | € 3,779,501 | ▲ 2% |
| Bank debt | € 3,727,118 | € 3,344,170 | € 2,942,427 | € 2,525,401 | ▼ 14% |
| Balance sheet total | € 9,109,705 | € 8,417,497 | € 8,051,480 | € 7,720,106 | ▼ 4% |
| Employees (FTE) | 23 | 24.5 | 15.3 | 14.7 | ▼ 0.6 |
Key figures of MABRU, 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 MABRU?
What happened at MABRU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sevket TEMIZ stepped down as director. NBB
- Zaccaria MOUDDEN RIDAI stepped down as director. NBB
- Yasmine GUELFF stepped down as director. NBB
- Bernard DHONDT stepped down as director. NBB
- Mohamed OURIAGHLI stepped down as director. NBB
- Floriane BONNIER stepped down as director. NBB
- Stefan BOSMANS stepped down as director. NBB
- Lionel RIGOLET stepped down as director. NBB
In short
From € 437,204 profit in 2022 to € 65,677 profit in 2025.
Best year ever: 2022, with € 437,204 profit.
On average € 185,700 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Sevket TEMIZ
Chairman of the board
since 2025 · until 2031
Zaccaria MOUDDEN RIDAI
Director
since 2025 · until 2031
Yasmine GUELFF
Director
Also active at: ENTREPRENDRE BRUXELLES, PROMOTION DES COMMERCES ET ENTREPRISES DE LA VILLE DE BRUXELLES
since 2025 · until 2031
Bernard DHONDT
Director
since 2025 · until 2031
Mohamed OURIAGHLI
Director
since 2025 · until 2031
Floriane BONNIER
Vice-chairman of the board
Also active at: SIBELGA, INTERFIN, Jeunesse à Bruxelles, FINANCIERE REYERS, BRUSSELS NETWORK OPERATIONS
since 2025 · until 2031
since 2025 · until 2031
since 2025 · until 2031
Michel LEFEVER
Director
since 2025 · until 2031
since 2025 · until 2031
Deniz TOKO
Director
since 2025 · until 2031
Willem THEUS
Director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Werkhuizenkaai 22
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →CLEM-INTER
€ -21,497 gross margin · 2025
CAR TRUCK MARKET
€ 101,496 gross margin · 2025
J & D DELICATESSEN
€ 158,040 gross margin · 2025
EXCELLENT FRUIT
€ 35,330 gross margin · 2025
GREEN MIX
€ 278,202 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.940.267
- VAT number
- BE 0446.940.267
- Registered office
- Werkhuizenkaai 22, 1000 Brussel
- Names & denominations
- MABRU
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 19 March 1992
- Peppol
- Active · Active since 19 Oct 2026
- Activities · NACE
Organisatie van congressen en beurzen
Organisatie van salons, tentoonstellingen en beurzen
De organisatie van diverse particuliere markten, inclusief rommelmarkten