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 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
The M Factory from Boom, company number BE0715992434, closed financial year 2025 with a result of € 30,457 after tax. For that financial year The M Factory recorded a gross margin of € 138,743 and equity of € 191,253. Compared with financial year 2024, the result moved from € 23,088 to € 30,457. Profitable, and profit is growing. 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 July 27, 2026.
€ 191,253
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,457
▲ 32% vs 2024
Profit after tax over the fiscal year.
€ 18,602
▲ 132% 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 € 185,053.
People and assets in 2025
€ 48,264
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 64,114
▲ € 56,095 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 187,941
▼ 22% vs 2024
€ 155,259 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 17,843
▲ 289% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,997
▲ € 21,559 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 77,037 | € 84,861 | € 57,999 | € 138,743 | ▲ 139% |
| Profit after taxes | € 46,837 | € 47,521 | € 23,088 | € 30,457 | ▲ 32% |
| Equity | € 90,188 | € 137,709 | € 160,797 | € 191,253 | ▲ 19% |
| Total debts | € 135,822 | € 268,274 | € 272,051 | € 250,853 | ▼ 8% |
| Cash | € 3,028 | € 14,201 | € 8,016 | € 18,602 | ▲ 132% |
| Retained profit | € 83,988 | € 131,509 | € 154,597 | € 185,053 | ▲ 20% |
| Bank debt | € 121,842 | € 224,191 | € 240,000 | € 187,941 | ▼ 22% |
| Balance sheet total | € 226,010 | € 405,983 | € 432,847 | € 442,106 | ▲ 2% |
Key figures of The M Factory, 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 The M Factory?
What happened at The M Factory in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 30,457 (▲ 32% vs 2024). Source: NBB ↗
- New establishment in Boom. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,837 profit in 2022 to € 30,457 profit in 2025.
Paid € 54,346 in corporate taxes since 2022.
Best year ever: 2023, with € 47,521 profit.
Management
Behind The M Factory are Benjamin-John Cokelbergh and Bart Van Damme.
Directors
According to the 2025 annual accounts
Benjamin-John Cokelbergh
Director
Bart Van Damme
Director
Establishments
Establishment units
Physical locations of this company
Anjerstraat 11
2850 Boom
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0715.992.434
- VAT number
- BE 0715.992.434
- Registered office
- Anjerstraat 11, 2850 Boom
- Names & denominations
- The M Factory
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2018
- Peppol
- Active · Active since 22 Jan 2026
- Activities · NACE
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Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
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