Warning lights
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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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
34 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MC BOUW from Tielt, company number BE0556731597, closed financial year 2025 with a result of € 800,164 after tax. For that financial year MC BOUW recorded a gross margin of € 78,833 and equity of € 787,252. Compared with financial year 2024, the result moved from € 1.3 million to € 800,164. The company is profitable. 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 October 30, 2025.
€ 787,252
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 800,164
▼ 39% vs 2024
Profit after tax over the fiscal year.
€ 95,167
▲ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 680,000 paid out
85 % of the profit went to the shareholders, mostly to Vlaemynck Invest (50 % of the shares). That is where the money ends up.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 47,719
€ 47,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,270
▼ 70% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 263,459
▼ 51% vs 2024
€ 86,375 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 302,460
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,537
▼ 43% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 917,017 | € 675,062 | € 1,530,337 | € 78,833 | ▼ 95% |
| Profit after taxes | € 937,836 | € 784,357 | € 1,322,115 | € 800,164 | ▼ 39% |
| Equity | € 386,616 | € 506,973 | € 667,088 | € 787,252 | ▲ 18% |
| Total debts | € 7,824,841 | € 9,819,826 | € 4,772,931 | € 5,769,396 | ▲ 21% |
| Cash | € 825,042 | € 903,033 | € 72,130 | € 95,167 | ▲ 32% |
| Land & buildings | - | - | € 53,238 | € 165,591 | ▲ 211% |
| Retained profit | € 366,616 | € 486,973 | € 647,088 | € 767,252 | ▲ 19% |
| Dividend | € 818,000 | € 664,000 | € 1,162,000 | € 680,000 | ▼ 41% |
| Bank debt | € 309,359 | € 248,415 | € 533,683 | € 263,459 | ▼ 51% |
| Balance sheet total | € 8,211,457 | € 10,326,799 | € 5,440,019 | € 6,556,647 | ▲ 21% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of MC BOUW, 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 October 2026.
What happened to MC BOUW?
What happened at MC BOUW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 800,164 (▼ 39% vs 2024). Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 937,836 profit in 2022 to € 800,164 profit in 2025.
Paid € 42,457 in corporate taxes since 2022.
Best year ever: 2024, with € 1.3 million profit.
On average € 78,800 of value added per employee in 2025.
Management
The stake of Vlaemynck Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MC BOUWBehind MC BOUW are Certipunt BV, Vlaemynck Invest BV and DF Invest CommV. The shares are held by Vlaemynck Invest (50%). It owns 50% of Lambert Invest, 33.3% of Wevelgem Invest, 25% of Manitoba-Muylle, 16.7% of 't Park Tielt Constrcut and 16.7% of 't Park Tielt itself.
Directors
According to the 2025 annual accounts
Director · represented by Frederick Meulebrouck
Also active at: P-PROPERTY, MENEN INVEST
Director · represented by Karel Vlaemynck
Also active at: West - Buro, MANITOBA - MUYLLE, CASTRA, P-PROPERTY, VVM WESTKUST, HULLYNCK INVEST, VVM Master, VVM Westhoek +9 more
Shareholders
50%
Participations
50%
33.3%
25%
16.7%
16.7%
Establishments
Establishment units
Physical locations of this company
Sint-Janstraat 185
8700 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 34 companies are registered at this address.
All companies at this address →MANITOBA - MUYLLE same network
€ -3,571 gross margin · 2025
DE SNEPPE
HULLYNCK
€ 681,856 gross margin · 2025
CASTRA same network
€ 23,369 gross margin · 2025
Spartathlon and more same network
€ 5,668 gross margin · 2025
+29 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
- 0556.731.597
- VAT number
- BE 0556.731.597
- Registered office
- Sint-Janstraat 185, 8700 Tielt
- Names & denominations
- MC BOUW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 July 2014
- Peppol
- Active · Active since 28 Nov 2025
- Activities · NACE
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