Financials
Financial year 2025
MELLOW from Koksijde, company number BE0476735796, closed financial year 2025 with a result of € 37,752 after tax. For that financial year MELLOW recorded a gross margin of € 61,275 and equity of € 169,598. Compared with financial year 2024, the result moved from € 21,065 to € 37,752. 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 July 6, 2026.
€ 169,598
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,752
▲ 79% vs 2024
Profit after tax over the fiscal year.
€ 228,888
▲ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 24,000 paid out
64 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 14,967
▲ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 233,503
▼ 4% vs 2024
€ 22,837 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 26,019
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 96,873
▲ 60% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 84,472 | € 73,909 | € 58,360 | € 61,275 | ▲ 5% |
| Profit after taxes | € 44,410 | € 36,437 | € 21,065 | € 37,752 | ▲ 79% |
| Equity | € 131,344 | € 144,781 | € 155,846 | € 169,598 | ▲ 9% |
| Total debts | € 836,523 | € 720,260 | € 655,821 | € 572,020 | ▼ 13% |
| Cash | € 192,937 | € 251,669 | € 202,568 | € 228,888 | ▲ 13% |
| Land & buildings | € 303,262 | € 294,801 | € 297,011 | € 288,220 | ▼ 3% |
| Retained profit | € 106,344 | € 119,781 | € 130,846 | € 144,598 | ▲ 11% |
| Dividend | € 22,000 | € 23,000 | € 10,000 | € 24,000 | ▲ 140% |
| Bank debt | € 358,665 | € 246,687 | € 244,108 | € 233,503 | ▼ 4% |
| Balance sheet total | € 995,468 | € 892,642 | € 839,268 | € 769,218 | ▼ 8% |
| Employees (FTE) | 0.1 | 0.2 | 0.1 | - |
Key figures of MELLOW, 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 MELLOW?
What happened at MELLOW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 37,752 (▲ 79% vs 2024). Source: NBB ↗
- New establishment in Koksijde. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,410 profit in 2022 to € 37,752 profit in 2025.
Paid € 31,736 in corporate taxes since 2022.
Best year ever: 2022, with € 44,410 profit.
Paid out € 79,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Geatan Geluck
Director
Establishments
Establishment units
Physical locations of this company
Albert I Laan(Odk) 32 box A
8670 Koksijde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.735.796
- VAT number
- BE 0476.735.796
- Registered office
- Albert I Laan(Odk) 32 bus A, 8670 Koksijde
- Names & denominations
- MELLOW · FLY HIGH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 February 2002
- Peppol
- Active · Active since 22 Oct 2025
- Activities · NACE
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