Financials
Financial year 2025
M & S CONSTRUCT from Walhain, company number BE0476164585, closed financial year 2025 with a result of € 20,606 after tax. For that financial year M & S CONSTRUCT recorded a gross margin of € 35,384 and equity of € 60,215. Compared with financial year 2024, the result moved from € -4,005 to € 20,606. 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 22, 2026.
€ 60,215
▲ 52% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,606
▲ still € 4,005 loss in 2024
Profit after tax over the fiscal year.
€ 49,530
▲ € 38,877 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 € 41,215.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,503
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 4,840
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11,000
Loans from banks and other lenders, long and short.
€ 5,337
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,261
▲ 86% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,500 | € 45,344 | € 7,453 | € 35,384 | ▲ € 27,931 |
| Profit after taxes | € 1,655 | € 26,646 | € -4,005 | € 20,606 | ▲ € 24,611 |
| Equity | € 16,967 | € 43,614 | € 39,609 | € 60,215 | ▲ 52% |
| Total debts | € 58,197 | € 59,178 | € 23,102 | € 95,748 | ▲ € 72,646 |
| Cash | € 16,416 | € 20,351 | € 10,652 | € 49,530 | ▲ € 38,877 |
| Retained profit | € -2,033 | € 24,614 | € 20,609 | € 41,215 | ▲ 100% |
| Bank debt | € 40,000 | € 40,000 | € 11,000 | € 11,000 | |
| Balance sheet total | € 75,165 | € 102,791 | € 62,711 | € 155,963 | ▲ 149% |
Key figures of M & S CONSTRUCT, 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 & S CONSTRUCT?
What happened at M & S CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,606. Source: NBB ↗
- New establishment in Walhain. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,655 profit in 2022 to € 20,606 profit in 2025.
Paid € 20,212 in corporate taxes since 2022.
Best year ever: 2023, with € 26,646 profit.
Management
Behind M & S CONSTRUCT is ANTOINE PIESSEVAUX.
Directors
According to the 2025 annual accounts
ANTOINE PIESSEVAUX
Manager
Establishments
Establishment units
Physical locations of this company
Place Saint-Vincent(NSV) 7
1457 Walhain
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.164.585
- VAT number
- BE 0476.164.585
- Registered office
- Place Saint-Vincent(NSV) 7, 1457 Walhain
- Names & denominations
- M & S CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 2001
- Peppol
- Active · Active since 13 Nov 2025
- Activities · NACE
Stukadoorswerk