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 1 of the last 4 fiscal years.
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Busy address KBO
94 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
MEMO-M from Gent, company number BE0669693047, closed financial year 2024 with a result of € -120,247 after tax. For that financial year MEMO-M recorded a gross margin of € 96,419 and equity of € -50,083. Compared with financial year 2023, the result moved from € 48,820 to € -120,247. 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 September 30, 2025.
€ -50,083
▼ € 120,248 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -120,247
▼ still € 48,820 profit in 2023
Profit after tax over the fiscal year.
€ 19,807
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -58,683.
People and assets in 2024
€ 191,438
▲ 1% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 53,470
▲ 17% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 250,294
▲ € 188,836 vs 2023
€ 12,363 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.
€ 90,137
▲ 80% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 145,221
▼ 12% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 273,898 | € 333,336 | € 288,930 | € 96,419 | ▼ 67% |
| Profit after taxes | € 29,352 | € -1,816 | € 48,820 | € -120,247 | ▼ € 169,067 |
| Equity | € 23,162 | € 21,345 | € 70,165 | € -50,083 | ▼ € 120,248 |
| Total debts | € 401,999 | € 496,655 | € 373,477 | € 584,972 | ▲ 57% |
| Cash | € 60,867 | € 16,823 | - | € 19,807 | |
| Retained profit | € 14,562 | € 12,745 | € 61,565 | € -58,683 | ▼ € 120,248 |
| Bank debt | € 207,505 | € 164,618 | € 61,458 | € 250,294 | ▲ € 188,836 |
| Balance sheet total | € 425,161 | € 518,001 | € 443,642 | € 534,889 | ▲ 21% |
Key figures of MEMO-M, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MEMO-M?
What happened at MEMO-M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 120,248 (▼ € 169,067 vs 2023). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,352 profit in 2021 to € 120,248 loss in 2024.
Paid € 71,042 in corporate taxes since 2021.
Best year ever: 2023, with € 48,820 profit.
Management
Behind MEMO-M is Mehmet Malcikan.
Directors
According to the 2024 annual accounts
Mehmet Malcikan
Manager
Establishments
Establishment units
Physical locations of this company
Oktrooiplein 1 box 201
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 94 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0669.693.047
- VAT number
- BE 0669.693.047
- Registered office
- Oktrooiplein 1 bus 201, 9000 Gent
- Names & denominations
- MEMO-M
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 2017
- Peppol
- Active · Active since 15 Jan 2026
- Activities · NACE
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