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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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MEHAIGNE from Kortrijk, company number BE0468466646, closed financial year 2025 with a result of € 22,503 after tax. For that financial year MEHAIGNE recorded a gross margin of € 30,274 and equity of € 512,017. Compared with financial year 2024, the result moved from € 41 to € 22,503. 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 July 20, 2026.
€ 512,017
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,503
▲ € 22,462 vs 2024
Profit after tax over the fiscal year.
€ 2,796
▲ € 2,590 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 20,000 paid out
89 % of the profit went to the shareholders, mostly to Agri-LL-Invest (100 % of the shares). That is where the money ends up.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,334
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 89
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 | € 41,419 | € 2,531 | € 5,084 | € 30,274 | ▲ € 25,190 |
| Profit after taxes | € 35,640 | € -2,263 | € 41 | € 22,503 | ▲ € 22,462 |
| Equity | € 511,736 | € 509,474 | € 509,514 | € 512,017 | |
| Total debts | € 34,350 | € 1,199 | € 8,076 | € 82,475 | ▲ € 74,399 |
| Cash | € 49,158 | € 510 | € 207 | € 2,796 | ▲ € 2,590 |
| Land & buildings | € 431,297 | € 431,297 | € 431,297 | € 431,297 | |
| Retained profit | € 65,528 | € 63,265 | € 63,306 | € 65,808 | ▲ 4% |
| Dividend | € 33,500 | € 0 | € 0 | € 20,000 | |
| Balance sheet total | € 546,086 | € 510,672 | € 517,590 | € 594,492 | ▲ 15% |
Key figures of MEHAIGNE, 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 MEHAIGNE?
What happened at MEHAIGNE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,503 (▲ € 22,462 vs 2024). Source: NBB ↗
- J. Hemelaere & Cie SARL became a director. NBB
- Agri-LL-Invest BV became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,640 profit in 2022 to € 22,503 profit in 2025.
Paid € 1,024 in corporate taxes since 2022.
Best year ever: 2022, with € 35,640 profit.
Paid out € 53,500 in dividends to the owners in total.
Management
The stake of Agri-LL-Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MEHAIGNEBehind MEHAIGNE are J. Hemelaere & Cie SARL and Agri-LL-Invest BV. The shares are held by Agri-LL-Invest (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Johan Hemelaere
Also active at: Agri-LL-Invest
since 2020
Managing director · represented by Joost Van Cauwenberge
since 2020
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
O.-L.-Vrouwestraat(Kor) 40
8500 Kortrijk
Koningsstraat 35
1000 Brussel
Active since 30 June 2000
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 →Horatius Capital Partners
€ -721,674 gross margin · 2026
CONSCIENCE
€ 83,820 gross margin · 2025
Agri-LL-Invest same network
€ 545,713 gross margin · 2025
A&M
RE:THRIVE
+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
- 0468.466.646
- VAT number
- BE 0468.466.646
- Registered office
- O.-L.-Vrouwestraat(Kor) 40, 8500 Kortrijk
- Names & denominations
- MEHAIGNE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1999
- Peppol
- Active · Active since 12 Feb 2026
- Activities · NACE
Verhuur en exploitatie van terreinen