Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
K. & T. MEYNS from Torhout, company number BE0479275020, closed financial year 2025 with a result of € 9,607 after tax. For that financial year K. & T. MEYNS recorded a gross margin of € 185,457 and equity of € 716,524. Compared with financial year 2024, the result moved from € 30,387 to € 9,607. 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 July 7, 2026.
€ 716,524
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,607
▼ 68% vs 2024
Profit after tax over the fiscal year.
€ 124,287
▼ 72% 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 € 686,524.
People and assets in 2025
€ 23,197
▼ 57% 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.
€ 20,998
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 326,333
€ 22,000 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 15,237
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 432,098 | € 357,257 | € 241,068 | € 185,457 | ▼ 23% |
| Profit after taxes | € 133,523 | € 113,748 | € 30,387 | € 9,607 | ▼ 68% |
| Equity | € 662,781 | € 716,529 | € 706,916 | € 716,524 | ▲ 1% |
| Total debts | € 635,788 | € 406,541 | € 412,549 | € 572,433 | ▲ 39% |
| Cash | € 186,937 | € 361,890 | € 436,552 | € 124,287 | ▼ 72% |
| Land & buildings | - | € 398,894 | € 388,309 | € 982,334 | ▲ 153% |
| Retained profit | € 632,781 | € 686,529 | € 676,916 | € 686,524 | ▲ 1% |
| Dividend | € 0 | € 60,000 | € 40,000 | € 0 | ▼ 100% |
| Bank debt | € 223,500 | € 0 | € 0 | € 326,333 | |
| Balance sheet total | € 1,298,569 | € 1,123,070 | € 1,119,465 | € 1,288,956 | ▲ 15% |
Key figures of K. & T. MEYNS, 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 K. & T. MEYNS?
What happened at K. & T. MEYNS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,607 (▼ 68% vs 2024). Source: NBB ↗
- TOMMY MEYNS became a director. NBB
- KOEN MEYNS became a director. NBB
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 133,523 profit in 2022 to € 9,607 profit in 2025.
Paid € 86,896 in corporate taxes since 2022.
Best year ever: 2022, with € 133,523 profit.
Paid out € 100,000 in dividends to the owners in total.
Management
Behind K. & T. MEYNS are TOMMY MEYNS and KOEN MEYNS. TOMMY MEYNS is also behind MTLV.
Directors
According to the 2025 annual accounts
since 2023
KOEN MEYNS
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Kersouwkensstraat 13
8820 Torhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.275.020
- VAT number
- BE 0479.275.020
- Registered office
- Kersouwkensstraat 13, 8820 Torhout
- Names & denominations
- K. & T. MEYNS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 2003
- Peppol
- Active · Active since 30 Oct 2025
- Activities · NACE
Ondersteunende activiteiten in verband met de teelt van gewassen
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken
Bouwrijp maken van terreinen
Goederenvervoer over de weg
Grondverzet