Financials
Financial year 2025
MnM from Zwevegem, company number BE0474768973, closed financial year 2025 with a result of € 99,769 after tax. For that financial year MnM recorded a gross margin of € 347,083 and equity of € 1 million. Compared with financial year 2024, the result moved from € 169,586 to € 99,769. The company is profitable. 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 February 18, 2026.
€ 1 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 99,769
▼ 41% vs 2024
Profit after tax over the fiscal year.
€ 35,892
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 77,600 paid out
78 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0.5
Average over the fiscal year, from the social balance sheet.
€ 19,626
▲ 4% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 94,024
▲ 101% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▲ 40% vs 2024
€ 182,901 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 65,426
▲ 193% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 91,467
▼ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 434,392 | € 411,454 | € 433,466 | € 347,083 | ▼ 20% |
| Profit after taxes | € 143,329 | € 117,296 | € 169,586 | € 99,769 | ▼ 41% |
| Equity | € 826,563 | € 928,159 | € 1,011,745 | € 1,033,914 | ▲ 2% |
| Total debts | € 1,109,792 | € 1,268,754 | € 1,156,177 | € 1,625,205 | ▲ 41% |
| Cash | € 21,238 | € 82,398 | € 53,697 | € 35,892 | ▼ 33% |
| Land & buildings | € 1,605,273 | € 1,750,528 | € 1,752,730 | € 2,079,059 | ▲ 19% |
| Retained profit | € 721,563 | € 823,159 | € 906,745 | € 928,914 | ▲ 2% |
| Dividend | € 20,000 | € 15,700 | € 86,000 | € 77,600 | ▼ 10% |
| Bank debt | € 964,118 | € 1,071,849 | € 908,306 | € 1,273,320 | ▲ 40% |
| Balance sheet total | € 1,936,355 | € 2,196,913 | € 2,167,922 | € 2,659,119 | ▲ 23% |
| Employees (FTE) | 0.5 | 0.5 | 0.5 | 0.5 |
Key figures of MnM, 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 January 2027.
What happened to MnM?
What happened at MnM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 99,769 (▼ 41% vs 2024). filed late Source: NBB ↗
- New establishment in Zwevegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 143,329 profit in 2022 to € 99,769 profit in 2025.
Paid € 238,543 in corporate taxes since 2022.
Best year ever: 2024, with € 169,586 profit.
Paid out € 199,300 in dividends to the owners in total.
Management
Behind MnM is Danny Wiels. Danny Wiels is also behind WIELS.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Otegemstraat(Z) 417A
8550 Zwevegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0474.768.973
- VAT number
- BE 0474.768.973
- Registered office
- Otegemstraat(Z) 417A, 8550 Zwevegem
- Names & denominations
- MnM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 May 2001
- Peppol
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