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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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Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MECHELEN ZUID PROJECTS from Vilvoorde, company number BE0478860789, closed financial year 2025 with a result of € 70,343 after tax. For that financial year MECHELEN ZUID PROJECTS recorded a gross margin of € 239,912 and equity of € 257,606. Compared with financial year 2024, the result moved from € 51,434 to € 70,343. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 257,606
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 70,343
▲ 37% vs 2024
Profit after tax over the fiscal year.
€ 2,856
▲ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 120,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,895
▼ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42
▼ 99% 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 | € 230,974 | € 212,486 | € 225,155 | € 239,912 | ▲ 7% |
| Profit after taxes | € 79,628 | € 44,409 | € 51,434 | € 70,343 | ▲ 37% |
| Equity | € 211,420 | € 255,829 | € 307,263 | € 257,606 | ▼ 16% |
| Total debts | € 903,854 | € 792,107 | € 897,511 | € 905,885 | ▲ 1% |
| Cash | € 4,902 | € 2,590 | € 2,022 | € 2,856 | ▲ 41% |
| Land & buildings | € 1,091,903 | € 1,029,377 | € 1,028,534 | € 1,038,282 | ▲ 1% |
| Retained profit | € 19,220 | € 63,629 | € 115,063 | € 65,406 | ▼ 43% |
| Dividend | € 145,953 | € 0 | € 0 | € 120,000 | |
| Bank debt | € 652,537 | € 687,572 | € 0 | € 0 | |
| Balance sheet total | € 1,115,274 | € 1,047,936 | € 1,204,774 | € 1,163,491 | ▼ 3% |
Key figures of MECHELEN ZUID PROJECTS, 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 MECHELEN ZUID PROJECTS?
What happened at MECHELEN ZUID PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philippe Van der Beken stepped down as director. NBB
- Lien Standaert stepped down as director. NBB
- Hans Ongena stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 70,343 (▲ 37% vs 2024). Source: NBB ↗
- Philippe Van der Beken became a director. NBB
- Lien Standaert became a director. NBB
- Hans Ongena became a director. NBB
- New establishment in Vilvoorde. KBO
In short
From € 79,628 profit in 2022 to € 70,343 profit in 2025.
Paid € 73,068 in corporate taxes since 2022.
Best year ever: 2022, with € 79,628 profit.
Paid out € 265,953 in dividends to the owners in total.
Management
The shares are held by Celogix Belgium Properties NV (100%).
Directors
According to the 2025 annual accounts
Lien Standaert
Director
Also active at: Canal Logistic Center, BEL ASTRE, MECHELEN ZUID INVESTMENTS, MECHELEN ZUID LOGISTICS, MECHELEN ZUID Estate, C€LOGIX BELGIUM PROPERTIES, GELF Arbo Logistics (Belgium), GOODMAN VILVOORDE LOGISTICS (BELGIUM) +7 more
since 2024 · until 2030
Hans Ongena
Director
Also active at: Canal Logistic Center, BEL ASTRE, MECHELEN ZUID INVESTMENTS, MECHELEN ZUID LOGISTICS, MECHELEN ZUID Estate, C€LOGIX BELGIUM PROPERTIES, GELF Arbo Logistics (Belgium), JUPITER LOGISTIC HOLDING +2 more
since 2021 · until 2027
Philippe Van der Beken
Director
Also active at: Canal Logistic Center, BEL ASTRE, MECHELEN ZUID INVESTMENTS, MECHELEN ZUID LOGISTICS, MECHELEN ZUID Estate, C€LOGIX BELGIUM PROPERTIES, GELF Arbo Logistics (Belgium), GOODMAN VILVOORDE LOGISTICS (BELGIUM) +8 more
since 2025 · until 2031
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Medialaan 50
1800 Vilvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
All companies at this address →BACARDI - MARTINI BELGIUM
€ 81.4 million revenue · 2026
Canal Logistic Center same network
€ 2.4 million gross margin · 2025
CARRO INVEST WAREHOUSING
€ 2.5 million gross margin · 2025
ORACLE BELGIUM
€ 58.1 million revenue · 2025
OGEDA
€ 5.9 million gross margin · 2025
+24 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
- 0478.860.789
- VAT number
- BE 0478.860.789
- Registered office
- Medialaan 50, 1800 Vilvoorde
- Names & denominations
- MECHELEN ZUID PROJECTS · MZP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 2002
- Peppol
- Active · Active since 3 Oct 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Handel in eigen onroerend goed