Financials
Financial year 2025
M.J.H. Associates from Gent, company number BE0447895025, closed financial year 2025 with a result of € 306,135 after tax. For that financial year M.J.H. Associates recorded a gross margin of € 269,946 and equity of € 502,793. Compared with financial year 2024, the result moved from € 189,727 to € 306,135. 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 May 12, 2026.
€ 502,793
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 306,135
▲ 61% vs 2024
Profit after tax over the fiscal year.
€ 40,720
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
98 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 3,064
▼ 3% 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.
€ 5,712
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,094
▲ 31% 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 | € 107,132 | € 197,052 | € 250,526 | € 269,946 | ▲ 8% |
| Profit after taxes | € 87,607 | € 173,799 | € 189,727 | € 306,135 | ▲ 61% |
| Equity | € 644,625 | € 556,930 | € 496,657 | € 502,793 | ▲ 1% |
| Total debts | € 33,670 | € 214,074 | € 271,379 | € 322,806 | ▲ 19% |
| Cash | € 167,343 | € 260,476 | € 278,683 | € 40,720 | ▼ 85% |
| Retained profit | € 582,651 | € 494,957 | € 434,684 | € 440,819 | ▲ 1% |
| Dividend | € 58,434 | € 261,494 | € 250,000 | € 300,000 | ▲ 20% |
| Balance sheet total | € 678,294 | € 771,004 | € 768,037 | € 825,599 | ▲ 7% |
Key figures of M.J.H. Associates, 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.J.H. Associates?
What happened at M.J.H. Associates in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Félix DE HEMPTINNE stepped down as director. NBB
- Marie-Francoise WYVEKENS stepped down as director. NBB
- Henri DE HEMPTINNE stepped down as director. NBB
- Boris DE HEMPTINNE stepped down as director. NBB
- Maxime DE HEMPTINNE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 306,135 (▲ 61% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 87,607 profit in 2022 to € 306,135 profit in 2025.
Paid € 183,099 in corporate taxes since 2022.
Best year ever: 2025, with € 306,135 profit.
Paid out € 869,928 in dividends to the owners in total.
Management
It owns 21% of VEDIS itself.
Directors
According to the 2025 annual accounts
Félix DE HEMPTINNE
Director
Also active at: VANDEN POEL MOTORS, CARROSSERIE BIJLOKE ((Carrosserie Byloke))
· until 2028
Marie-Francoise WYVEKENS
Director
· until 2028
· until 2028
Boris DE HEMPTINNE
Director
· until 2028
Maxime DE HEMPTINNE
Director
· until 2028
Establishments
Establishment units
Physical locations of this company
Veurestraat 42
9051 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.895.025
- VAT number
- BE 0447.895.025
- Registered office
- Veurestraat 42, 9051 Gent
- Names & denominations
- M.J.H. Associates
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 August 1992
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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