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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2025 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
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Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
MKM from Sint-Joost-ten-Node, company number BE0656997430, closed financial year 2025 with a result of € -593,441 after tax. For that financial year MKM recorded a gross margin of € 243,112 and equity of € -12.9 million. Compared with financial year 2025, the result moved from € -7.8 million to € -593,441. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 12, 2025.
€ -12.9 million
▼ € 593,441 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -593,441
▲ 92 % less loss than in 2025
Profit after tax over the fiscal year.
€ 102,724
▼ 2% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -13.4 million.
People and assets in 2025
43.2
Average over the fiscal year, from the social balance sheet.
€ 190,205
▼ 96% vs 2025
€ 4,400 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.
€ 7,822
▼ 37% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1 million
▼ 2% vs 2025
€ 127,935 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1.7 million
Supplier invoices still open on the last day of the fiscal year.
€ 4.1 million
▲ 1% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2025 | Change 2025 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,095,981 | € 7,243,502 | € 6,384,528 | - | |
| Gross margin | € 2,503,440 | € 4,985,143 | € 575,685 | € 243,112 | ▼ 58% |
| Profit after taxes | € -854,100 | € 686,384 | € -7,793,297 | € -593,441 | ▲ € 7.2 million |
| Equity | € -5,230,572 | € -4,544,188 | € -12,337,485 | € -12,930,927 | ▼ € 593,441 |
| Total debts | € 12,431,566 | € 9,790,951 | € 13,421,925 | € 13,406,938 | |
| Cash | € 425,086 | € 406,633 | € 104,447 | € 102,724 | ▼ 2% |
| Retained profit | € -5,730,572 | € -5,044,188 | € -12,837,485 | € -13,430,927 | ▼ € 593,441 |
| Bank debt | € 3,816,766 | € 2,200,531 | € 1,053,866 | € 1,031,690 | ▼ 2% |
| Balance sheet total | € 7,200,994 | € 5,246,763 | € 1,132,440 | € 501,011 | ▼ 56% |
| Employees (FTE) | 41.8 | 42.6 | 43.2 | 43.2 |
Key figures of MKM, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 7 October 2026.
What happened to MKM?
What happened at MKM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MKM is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: loss of € 7.8 million (▼ € 8.5 million vs 2024). filed late Source: NBB ↗
- New establishment in Elsene. KBO
- New establishment in Aalst. KBO
- New establishment in Sint-Joost-ten-Node. KBO
- New establishment in Sint-Joost-ten-Node. KBO
- New establishment in Elsene. KBO
- New establishment in Sint-Jans-Molenbeek. KBO
- New establishment in Sint-Joost-ten-Node. KBO
In short
From € 854,100 loss in 2023 to € 593,441 loss in 2025.
Paid € 9,447 in corporate taxes since 2023.
Best year ever: 2024, with € 686,384 profit.
On average € 5,600 of value added per employee in 2025.
A new publication or filing at MKM? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Tweetorenstraat 69-71
1210 Sint-Joost-ten-Node
Baljuwstraat 89
1050 Elsene
Active since 1 July 2016
Gentse steenweg 180
9300 Aalst
Active since 1 July 2016
de Liedekerkestraat 113
1210 Sint-Joost-ten-Node
Active since 1 July 2016
Tweetorenstraat 67
1210 Sint-Joost-ten-Node
Active since 1 July 2016
Baljuwstraat 86
1050 Elsene
Active since 1 July 2016
Gentsesteenweg 391 box A
1080 Sint-Jans-Molenbeek
Active since 1 July 2016
Tweetorenstraat 69 box 7
1210 Sint-Joost-ten-Node
Active since 1 July 2016
Baljuwstraat 91
1050 Elsene
Active since 1 July 2016
Louizalaan 179
1050 Brussel
Active since 1 July 2016
de Liedekerkestraat 103
1210 Sint-Joost-ten-Node
Active since 1 July 2016
de Liedekerkestraat 109
1210 Sint-Joost-ten-Node
Active since 1 July 2016
de Liedekerkestraat 105
1210 Sint-Joost-ten-Node
Active since 1 July 2016
Baljuwstraat 64
1050 Elsene
Active since 1 July 2016
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0656.997.430
- VAT number
- BE 0656.997.430
- Registered office
- Tweetorenstraat 69-71, 1210 Sint-Joost-ten-Node
- Names & denominations
- MKM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 27 June 2016
- Peppol
- Active · Active since 13 Jan 2026
- Activities · NACE
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Detailhandel in schoeisel
Groothandel in kleding, met uitzondering van werk- en onderkleding
Detailhandel in baby- en kinderbovenkleding
Detailhandel in damesbovenkleding
Detailhandel in herenbovenkleding
Detailhandel in tweedehandskleding
Detailhandel in kledingaccessoires
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