Financials
Financial year 2025
MANAGEMENT & INVESTMENT COMPANY from Knokke-Heist, company number BE0477667590, closed financial year 2025 with a result of € -132,660 after tax. For that financial year MANAGEMENT & INVESTMENT COMPANY recorded a gross margin of € 549,604 and equity of € 4.9 million. Compared with financial year 2024, the result moved from € 46,827 to € -132,660. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 4.9 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -132,660
▼ still € 46,827 profit in 2024
Profit after tax over the fiscal year.
€ 5,113
▼ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.2 million.
People and assets in 2025
€ 546
▼ 98% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7 million
▲ 23% vs 2024
€ 376,408 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 46,691
▼ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 57,817
▲ 110% vs 2024
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 | € 367,968 | € 436,080 | € 511,464 | € 549,604 | ▲ 7% |
| Profit after taxes | € 114,746 | € 171,303 | € 46,827 | € -132,660 | ▼ € 179,487 |
| Equity | € 4,855,156 | € 5,026,458 | € 5,073,285 | € 4,940,625 | ▼ 3% |
| Total debts | € 1,522,210 | € 2,361,843 | € 5,962,827 | € 7,149,451 | ▲ 20% |
| Cash | € 24,668 | € 155,236 | € 56,633 | € 5,113 | ▼ 91% |
| Land & buildings | € 4,563,200 | € 4,663,105 | € 4,527,880 | € 11,046,676 | ▲ 144% |
| Retained profit | € 1,107,156 | € 1,278,458 | € 1,325,285 | € 1,192,625 | ▼ 10% |
| Bank debt | € 1,462,904 | € 2,023,093 | € 5,725,628 | € 7,044,943 | ▲ 23% |
| Balance sheet total | € 6,709,843 | € 7,719,188 | € 11,358,243 | € 12,402,554 | ▲ 9% |
Key figures of MANAGEMENT & INVESTMENT COMPANY, 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 MANAGEMENT & INVESTMENT COMPANY?
What happened at MANAGEMENT & INVESTMENT COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jules Smet stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 132,660 (▼ € 179,487 vs 2024). Source: NBB ↗
- Philip Smet stepped down as director. NBB
- Annick Reynders stepped down as director. NBB
- Jules Smet became a director. NBB
- Philip Smet became a director. NBB
- Annick Reynders became a director. NBB
- New establishment in Knokke-Heist. KBO
In short
From € 114,746 profit in 2022 to € 132,660 loss in 2025.
Paid € 1,804 in corporate taxes since 2022.
Best year ever: 2023, with € 171,303 profit.
Management
The stake of JAMJULEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MANAGEMENT & INVESTMENT COMPANYThe shares are held by JAMJULEST (93.4%). It owns 10.5% of BLACK SWAN itself.
Directors
According to the 2025 annual accounts
Shareholders
93.4%
Participations
10.5%
Establishments
Establishment units
Physical locations of this company
Prinsjespad 4
8301 Knokke-Heist
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.667.590
- VAT number
- BE 0477.667.590
- Registered office
- Prinsjespad 4, 8301 Knokke-Heist
- Names & denominations
- MANAGEMENT & INVESTMENT COMPANY · M.I.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 June 2002
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
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