What does MK PROJECTS do?

MK PROJECTS is an engineering firm in Veurne. Private Limited, started on 7 November 2013, 1 establishment.

What is the address of MK PROJECTS?

The registered office of MK PROJECTS is located at Vaartstraat 48, 8630 Veurne.

Is MK PROJECTS still active?

Yes. According to the CBE (29 October 2026) MK PROJECTS is active, legal situation “Normale toestand”, started on 7 November 2013.

Is MK PROJECTS registered on Peppol?

Yes, MK PROJECTS is registered on the Peppol network with ID 0208:0541714712.

What is the enterprise number of MK PROJECTS?

The enterprise number of MK PROJECTS is BE0541714712.

When was MK PROJECTS founded?

MK PROJECTS was founded on 7 November 2013.

Who are the directors of MK PROJECTS?

According to the 2025 annual accounts, the directors of MK PROJECTS are: Sigrid Pauwelyn, Martin Kerschbaumer.

Is MK PROJECTS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 November 2013; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MK PROJECTS make in 2025?

MK PROJECTS posted a profit after taxes of € 78,729 in financial year 2025.

What is the revenue of MK PROJECTS?

As a small company, MK PROJECTS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 223,414.

How much does an employee at MK PROJECTS earn?

The average wage cost per full-time employee at MK PROJECTS was € 62,900 in 2023: staff costs of € 62,906 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MK PROJECTS have?

According to the 2025 annual accounts, MK PROJECTS has 0 full-time equivalents (FTE).

MK PROJECTS (Private Limited) - Veurne - BE0541714712

Dossier MK PROJECTS, printed on 29 October 2026 from databakkes.be/en/0541714712/mk-projects. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 7 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 1 to 0.

Financials

Financial year 2025

MK PROJECTS from Veurne, company number BE0541714712, closed financial year 2025 with a result of € 78,729 after tax. For that financial year MK PROJECTS recorded a gross margin of € 223,414 and equity of € 186,829. Compared with financial year 2024, the result moved from € -60,764 to € 78,729. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 17, 2026.

What it is worth Growing

€ 186,829

▲ 73% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 78,729

▲ still € 60,764 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 15,394

▼ 77% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 180,629.

People and assets in 2025

Full-time equivalents

▼ 0.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Vehicles and equipment

€ 506

▼ 90% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 12 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.7 million

▼ 8% vs 2024

€ 142,346 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.

Owed to suppliers

€ 31,661

▲ 159% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 16,329

▲ 118% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 137,710 Gross margin 2022: € 137,710 First fiscal year in the series	€ 189,127 Gross margin 2023: € 189,127 ▲ 37% vs 2022 (€ 137,710) Favourable step	€ 152,052 Gross margin 2024: € 152,052 ▼ 20% vs 2023 (€ 189,127) Unfavourable step	€ 223,414 Gross margin 2025: € 223,414 ▲ 47% vs 2024 (€ 152,052) Favourable step	▲ 47%
Profit after taxes	€ -67,289 Profit after taxes 2022: € -67,289 First fiscal year in the series	€ 44,451 Profit after taxes 2023: € 44,451 ▲ € 111,739 vs 2022 (€ -67,289) Favourable step	€ -60,764 Profit after taxes 2024: € -60,764 ▼ € 105,215 vs 2023 (€ 44,451) Unfavourable step	€ 78,729 Profit after taxes 2025: € 78,729 ▲ € 139,493 vs 2024 (€ -60,764) Favourable step	▲ € 139,493
Equity	€ 124,414 Equity 2022: € 124,414 First fiscal year in the series	€ 168,864 Equity 2023: € 168,864 ▲ 36% vs 2022 (€ 124,414) Favourable step	€ 108,101 Equity 2024: € 108,101 ▼ 36% vs 2023 (€ 168,864) Unfavourable step	€ 186,829 Equity 2025: € 186,829 ▲ 73% vs 2024 (€ 108,101) Favourable step	▲ 73%
Total debts	€ 1,694,699 Total debts 2022: € 1,694,699 First fiscal year in the series	€ 1,553,558 Total debts 2023: € 1,553,558 ▼ 8% vs 2022 (€ 1,694,699) Favourable step	€ 2,477,693 Total debts 2024: € 2,477,693 ▲ 59% vs 2023 (€ 1,553,558) Unfavourable step	€ 2,168,265 Total debts 2025: € 2,168,265 ▼ 12% vs 2024 (€ 2,477,693) Favourable step	▼ 12%
Cash	€ 19,572 Cash 2022: € 19,572 First fiscal year in the series	€ 14,749 Cash 2023: € 14,749 ▼ 25% vs 2022 (€ 19,572) Unfavourable step	€ 68,228 Cash 2024: € 68,228 ▲ € 53,479 vs 2023 (€ 14,749) Favourable step	€ 15,394 Cash 2025: € 15,394 ▼ 77% vs 2024 (€ 68,228) Unfavourable step	▼ 77%
Land & buildings	€ 1,563,532 Land & buildings 2022: € 1,563,532 First fiscal year in the series	€ 1,531,192 Land & buildings 2023: € 1,531,192 ▼ 2% vs 2022 (€ 1,563,532) Unchanged	€ 2,243,014 Land & buildings 2024: € 2,243,014 ▲ 46% vs 2023 (€ 1,531,192) Unchanged	€ 2,177,451 Land & buildings 2025: € 2,177,451 ▼ 3% vs 2024 (€ 2,243,014) Unchanged	▼ 3%
Retained profit	€ 118,214 Retained profit 2022: € 118,214 First fiscal year in the series	€ 162,664 Retained profit 2023: € 162,664 ▲ 38% vs 2022 (€ 118,214) Favourable step	€ 101,901 Retained profit 2024: € 101,901 ▼ 37% vs 2023 (€ 162,664) Unfavourable step	€ 180,629 Retained profit 2025: € 180,629 ▲ 77% vs 2024 (€ 101,901) Favourable step	▲ 77%
Bank debt	€ 1,206,913 Bank debt 2022: € 1,206,913 First fiscal year in the series	€ 1,107,387 Bank debt 2023: € 1,107,387 ▼ 8% vs 2022 (€ 1,206,913) Favourable step	€ 1,791,476 Bank debt 2024: € 1,791,476 ▲ 62% vs 2023 (€ 1,107,387) Unfavourable step	€ 1,651,978 Bank debt 2025: € 1,651,978 ▼ 8% vs 2024 (€ 1,791,476) Favourable step	▼ 8%
Balance sheet total	€ 1,819,113 Balance sheet total 2022: € 1,819,113 First fiscal year in the series	€ 1,722,422 Balance sheet total 2023: € 1,722,422 ▼ 5% vs 2022 (€ 1,819,113) Unchanged	€ 2,585,793 Balance sheet total 2024: € 2,585,793 ▲ 50% vs 2023 (€ 1,722,422) Unchanged	€ 2,355,095 Balance sheet total 2025: € 2,355,095 ▼ 9% vs 2024 (€ 2,585,793) Unchanged	▼ 9%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	1 Employees (FTE) 2023: 1 Unchanged (1) Unchanged	0.2 Employees (FTE) 2024: 0.2 ▼ 0.8 vs 2023 (1) Unchanged	0 Employees (FTE) 2025: 0 ▼ 0.2 vs 2024 (0.2) Unchanged	▼ 0.2

Key figures of MK 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 30 April 2027.

What happened to MK PROJECTS?

What happened at MK PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 17, 2026 New annual accounts for financial year 2025: profit of € 78,729. Source: NBB ↗
Nov 14, 2013 New establishment in Veurne. KBO
Nov 7, 2013 Start of the company according to the CBE. KBO

In short

From € 67,289 loss in 2022 to € 78,729 profit in 2025.

Paid € 16,317 in corporate taxes since 2022.

Best year ever: 2025, with € 78,729 profit.

On average € 189,100 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

Sigrid Pauwelyn

Martin Kerschbaumer

MK PROJECTS

Environ Engineering 100%

Behind MK PROJECTS are Sigrid Pauwelyn and Martin Kerschbaumer. It owns 100% of Environ Engineering itself.

Directors

According to the 2025 annual accounts

Sigrid Pauwelyn

Director

Also active at: MAATWERKBEDRIJF INTERWEST, PAUWELYN-CHRISTIAENS, TROTEC, Environ Engineering NV, SICCO, DC LOGISTICS, DOSI-INVEST, HoPo

Martin Kerschbaumer

Director

Also active at: LEVERAGE INCORPORATED, Environ Engineering NV

Establishments

Establishment units

Physical locations of this company

Registered office

Vaartstraat 48

8630 Veurne

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

SICCO Invest

SICCO same network

€ 431,775 gross margin · 2026

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0541.714.712

VAT number

BE 0541.714.712

Registered office

Vaartstraat 48, 8630 Veurne

Names & denominations

MK PROJECTS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

7 November 2013

Peppol

Active · Active since 12 Dec 2025

Activities · NACE

Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Detailhandel in dranken, algemeen assortiment

Groothandel in wijnen en geestrijke dranken

View on CBE Public ↗ Annual accounts (NBB) ↗

MK PROJECTS

Warning lights

Financials

What happened to MK PROJECTS?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions