Financials
Financial year 2025
ML Projects from Vleteren, company number BE0563988088, closed financial year 2025 with a result of € 34,224 after tax. For that financial year ML Projects recorded a gross margin of € 80,226 and equity of € 154,346. Compared with financial year 2024, the result moved from € 49,889 to € 34,224. 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 January 27, 2026.
€ 154,346
▲ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,224
▼ 31% vs 2024
Profit after tax over the fiscal year.
€ 62,446
▼ 19% 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 € 135,746.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 10,945
▼ 20% vs 2024
Of which on lease € 6,286.
Debts at end 2025
€ 17,544
▼ 47% vs 2024
€ 16,194 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 5,146
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,026
▲ € 13,826 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 36,994 | € 65,410 | € 85,813 | € 80,226 | ▼ 7% |
| Profit after taxes | € 14,836 | € 36,652 | € 49,889 | € 34,224 | ▼ 31% |
| Equity | € 48,581 | € 77,733 | € 120,122 | € 154,346 | ▲ 28% |
| Total debts | € 105,398 | € 116,176 | € 83,193 | € 59,915 | ▼ 28% |
| Cash | € 20,768 | € 37,485 | € 77,291 | € 62,446 | ▼ 19% |
| Land & buildings | € 63,690 | € 56,870 | € 50,259 | € 59,618 | ▲ 19% |
| Retained profit | € 29,981 | € 59,133 | € 101,522 | € 135,746 | ▲ 34% |
| Dividend | € 0 | € 7,500 | € 7,500 | € 0 | ▼ 100% |
| Bank debt | € 71,349 | € 58,621 | € 33,132 | € 17,544 | ▼ 47% |
| Balance sheet total | € 154,654 | € 194,415 | € 203,652 | € 214,430 | ▲ 5% |
Key figures of ML 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 January 2027.
What happened to ML Projects?
What happened at ML Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 34,224 (▼ 31% vs 2024). Source: NBB ↗
- New establishment in Vleteren. KBO
- Start of the company according to the CBE. KBO
- Mathias LEMAHIEU became a director. NBB
In short
From € 14,836 profit in 2022 to € 34,224 profit in 2025.
Paid € 55,609 in corporate taxes since 2022.
Best year ever: 2024, with € 49,889 profit.
Paid out € 15,000 in dividends to the owners in total.
Management
Behind ML Projects is Mathias LEMAHIEU.
Directors
According to the 2025 annual accounts
Mathias LEMAHIEU
Manager
since 2014
Establishments
Establishment units
Physical locations of this company
Steenstraat(Woes) 54
8640 Vleteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0563.988.088
- VAT number
- BE 0563.988.088
- Registered office
- Steenstraat(Woes) 54, 8640 Vleteren
- Names & denominations
- ML Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 2014
- Peppol
- Active · Active since 27 Oct 2025
- Contact
- [email protected]
- Activities · NACE
Sanitaire werkzaamheden
Algemene bouw van kantoorgebouwen
Algemene bouw van residentiële gebouwen
Algemene bouw van andere niet-residentiële gebouwen
Algemene elektrotechnische installatiewerken
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)