Financials
Financial year 2025
M-CARGO from Middelkerke, company number BE0720786709, closed financial year 2025 with a result of € 51,537 after tax. For that financial year M-CARGO recorded a gross margin of € 98,600 and equity of € 130,238. Compared with financial year 2024, the result moved from € 46,820 to € 51,537. 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 29, 2026.
€ 130,238
▲ 65% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 51,537
▲ 10% vs 2024
Profit after tax over the fiscal year.
€ 87,946
▼ 7% 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 € 100,238.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 57,193
▲ 55% 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.
€ 306
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,966
▼ 40% 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 | € 88,226 | € 97,128 | € 98,483 | € 98,600 | |
| Profit after taxes | € 48,532 | € 43,117 | € 46,820 | € 51,537 | ▲ 10% |
| Equity | € 208,412 | € 133,881 | € 78,701 | € 130,238 | ▲ 65% |
| Total debts | € 9,523 | € 138,394 | € 114,067 | € 88,003 | ▼ 23% |
| Cash | € 80,829 | € 130,182 | € 94,538 | € 87,946 | ▼ 7% |
| Retained profit | € 178,412 | € 103,881 | € 48,701 | € 100,238 | ▲ 106% |
| Dividend | € 0 | € 117,647 | € 102,000 | € 0 | ▼ 100% |
| Balance sheet total | € 217,934 | € 272,275 | € 192,768 | € 218,240 | ▲ 13% |
Key figures of M-CARGO, 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 M-CARGO?
What happened at M-CARGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 51,537 (▲ 10% vs 2024). Source: NBB ↗
- New establishment in Middelkerke. KBO
- Yves Bracke became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 48,532 profit in 2022 to € 51,537 profit in 2025.
Paid € 58,182 in corporate taxes since 2022.
Best year ever: 2025, with € 51,537 profit.
Paid out € 219,647 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 M-CARGO is Yves Bracke. Yves Bracke is also behind LOTRACO.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Koninginnelaan 52 box .0206
8430 Middelkerke
Koninginnelaan 52 box 206
8430 Middelkerke
Active since 15 February 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0720.786.709
- VAT number
- BE 0720.786.709
- Registered office
- Koninginnelaan 52 bus .0206, 8430 Middelkerke
- Names & denominations
- M-CARGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 February 2019
- Peppol
- Active · Active since 3 Jul 2025
- Activities · NACE
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