Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Busy address KBO
24 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
M Z PRODUCTION from Elsene, company number BE0464911694, closed financial year 2024 with a result of € 25,816 after tax. For that financial year M Z PRODUCTION recorded a gross margin of € 47,217 and equity of € -6,798. Compared with financial year 2023, the result moved from € -16,930 to € 25,816. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2025.
€ -6,798
▲ € 25,816 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,816
▲ still € 16,930 loss in 2023
Profit after tax over the fiscal year.
€ 55,373
▲ 83% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -32,787.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 10,138
▼ 39% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 42,004
▲ 77% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 31,623
▼ 6% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 36,084 | € 53,060 | € -6,150 | € 47,217 | ▲ € 53,367 |
| Profit after taxes | € 23,134 | € 39,012 | € -16,930 | € 25,816 | ▲ € 42,745 |
| Equity | € -54,695 | € -15,684 | € -32,613 | € -6,798 | ▲ € 25,816 |
| Total debts | € 141,580 | € 176,421 | € 133,352 | € 122,871 | ▼ 8% |
| Cash | € 16,755 | € 58,842 | € 30,226 | € 55,373 | ▲ 83% |
| Land & buildings | € 7,286 | € 6,137 | € 4,988 | € 3,839 | ▼ 23% |
| Retained profit | € -80,685 | € -41,673 | € -58,603 | € -32,787 | ▲ € 25,816 |
| Bank debt | € 0 | € 0 | € 5,568 | € 0 | ▼ 100% |
| Balance sheet total | € 86,884 | € 160,738 | € 100,739 | € 116,073 | ▲ 15% |
Key figures of M Z PRODUCTION, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to M Z PRODUCTION?
What happened at M Z PRODUCTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 25,816. filed late Source: NBB ↗
- New establishment in Overijse. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,134 profit in 2021 to € 25,816 profit in 2024.
Paid € 15,670 in corporate taxes since 2021.
Best year ever: 2022, with € 39,012 profit.
Management
Behind M Z PRODUCTION is Carmen Bornheimer.
Directors
According to the 2024 annual accounts
Carmen Bornheimer
Director
Establishments
Establishment units
Physical locations of this company
Louizalaan 188
1050 Elsene
Valkenweg 115 box B
3090 Overijse
Active since 9 July 1999
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.
All companies at this address →RODAPA BEHEER
€ -41,410 gross margin · 2025
METALS AND CHEMICALS
€ -3,140 gross margin · 2025
NORIN
€ -4,960 gross margin · 2025
QUIRAL BELGIQUE
€ 7 million revenue · 2026
SYMBIOS Belgium
€ 522,913 gross margin · 2025
+19 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
- 0464.911.694
- VAT number
- BE 0464.911.694
- Registered office
- Louizalaan 188, 1050 Elsene
- Names & denominations
- M Z PRODUCTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 1998
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
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