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 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ALSO MD from Boechout, company number BE0693727568, closed financial year 2025 with a result of € 238,759 after tax. For that financial year ALSO MD recorded a gross margin of € 370,610 and equity of € 18,600. Compared with financial year 2024, the result moved from € 330,671 to € 238,759. The company is profitable. The buffer shrank hard: equity is 95 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 18,600
▼ 95% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 238,759
▼ 28% vs 2024
Profit after tax over the fiscal year.
€ 202,056
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 577,550 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 15,650
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11,352
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,319
▲ € 66,055 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 463,142 | € 427,871 | € 493,750 | € 370,610 | ▼ 25% |
| Profit after taxes | € 310,176 | € 285,189 | € 330,671 | € 238,759 | ▼ 28% |
| Equity | € 331,531 | € 336,720 | € 357,391 | € 18,600 | ▼ 95% |
| Total debts | € 380,300 | € 316,297 | € 358,278 | € 623,247 | ▲ 74% |
| Cash | € 328,808 | € 302,745 | € 460,669 | € 202,056 | ▼ 56% |
| Retained profit | € 312,931 | € 318,120 | € 338,791 | € 0 | ▼ 100% |
| Dividend | € 343,000 | € 280,000 | € 310,000 | € 577,550 | ▲ 86% |
| Balance sheet total | € 711,831 | € 653,017 | € 715,669 | € 641,847 | ▼ 10% |
Key figures of ALSO MD, 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 July 2027.
What happened to ALSO MD?
What happened at ALSO MD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 238,759 (▼ 28% vs 2024). Source: NBB ↗
- Sofie Van Grieken became a director. NBB
- Alexander De Smet became a director. NBB
- New establishment in Boechout. KBO
- Start of the company according to the CBE. KBO
In short
From € 310,176 profit in 2022 to € 238,759 profit in 2025.
Paid € 371,324 in corporate taxes since 2022.
Best year ever: 2024, with € 330,671 profit.
Paid out € 1.5 million in dividends to the owners in total.
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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
Management
Behind ALSO MD are Sofie Van Grieken and Alexander De Smet.
Directors
According to the 2025 annual accounts
Sofie Van Grieken
Director
since 2023
Alexander De Smet
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Dr. Theo Tutsstraat 26
2530 Boechout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0693.727.568
- VAT number
- BE 0693.727.568
- Registered office
- Dr. Theo Tutsstraat 26, 2530 Boechout
- Names & denominations
- ALSO MD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 2018
- Peppol
- Active · Active since 20 Aug 2025
- Activities · NACE
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