Financials
Financial year 2025
M & N from Harelbeke, company number BE0465871006, closed financial year 2025 with a result of € 111 after tax. For that financial year M & N recorded a gross margin of € 2,820 and equity of € 10,451. Compared with financial year 2024, the result moved from € -3,465 to € 111. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 27, 2026.
€ 10,451
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 111
▲ still € 3,465 loss in 2024
Profit after tax over the fiscal year.
€ 21,748
▲ 34% 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 € -8,149.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 10,000
Loans from banks and other lenders, long and short.
€ 2,568
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,515 | € 2,397 | € -711 | € 2,820 | ▲ € 3,531 |
| Profit after taxes | € 704 | € 402 | € -3,465 | € 111 | ▲ € 3,576 |
| Equity | € 13,404 | € 13,806 | € 10,341 | € 10,451 | ▲ 1% |
| Total debts | € 22,726 | € 27,840 | € 23,160 | € 26,290 | ▲ 14% |
| Cash | € 20,104 | € 21,740 | € 16,234 | € 21,748 | ▲ 34% |
| Retained profit | € -5,196 | € -4,794 | € -8,259 | € -8,149 | ▲ € 111 |
| Bank debt | € 10,000 | € 10,000 | € 10,000 | € 10,000 | |
| Balance sheet total | € 36,130 | € 41,646 | € 33,500 | € 36,741 | ▲ 10% |
Key figures of M & N, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to M & N?
What happened at M & N in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 111. Source: NBB ↗
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 704 profit in 2022 to € 111 profit in 2025.
Best year ever: 2022, with € 704 profit.
Management
Behind M & N is Norbert Braeckman.
Directors
According to the 2025 annual accounts
Norbert Braeckman
Director
Establishments
Establishment units
Physical locations of this company
Marktstraat 62
8530 Harelbeke
Marktstraat 56
8530 Harelbeke
Active since 2 June 1999
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.871.006
- VAT number
- BE 0465.871.006
- Registered office
- Marktstraat 62, 8530 Harelbeke
- Names & denominations
- M & N
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 1999
- Peppol
- Active · Active since 11 Mar 2025
- Activities · NACE
Activiteiten van fotografen, met uitzondering van persfotografen
Fotostudio's en overige fotografische activiteiten
Detailhandel in corrigerende brillen, lenzen en zonnebrillen
Gespecialiseerde detailhandel in optische en fotografische artikelen, foto- en filmapparatuur, optische en precisie-instrumenten
Detailhandel in fotografische en optische artikelen en in precisieinstrumenten in gespecialiseerde winkels