Financials
Financial year 2025
M&K Design from Horebeke, company number BE0745456084, closed financial year 2025 with a result of € 22,581 after tax. For that financial year M&K Design recorded a gross margin of € 33,943 and equity of € 101,506. Compared with financial year 2024, the result moved from € 52,114 to € 22,581. The company is profitable. 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 October 30, 2025.
€ 101,506
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,581
▼ 57% vs 2024
Profit after tax over the fiscal year.
€ 3,183
▼ 15% 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 € 91,506.
People and assets in 2025
€ 755
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 50,000
Loans from banks and other lenders, long and short.
€ 46,564
▲ € 36,276 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,886
▼ 22% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -362 | € 27,678 | € 72,404 | € 33,943 | ▼ 53% |
| Profit after taxes | € -3,750 | € 15,080 | € 52,114 | € 22,581 | ▼ 57% |
| Equity | € 11,731 | € 26,811 | € 78,925 | € 101,506 | ▲ 29% |
| Total debts | € 70,108 | € 79,756 | € 78,117 | € 110,640 | ▲ 42% |
| Cash | € 3,740 | € 6,394 | € 3,723 | € 3,183 | ▼ 15% |
| Land & buildings | - | - | - | € 5,708 | |
| Retained profit | € 1,731 | € 16,811 | € 68,925 | € 91,506 | ▲ 33% |
| Bank debt | € 50,000 | € 50,000 | € 50,000 | € 50,000 | |
| Balance sheet total | € 81,839 | € 106,568 | € 157,042 | € 212,147 | ▲ 35% |
Key figures of M&K Design, 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 October 2026.
What happened to M&K Design?
What happened at M&K Design in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,581 (▼ 57% vs 2024). Source: NBB ↗
- New establishment in Horebeke. KBO
- Start of the company according to the CBE. KBO
- Mahdi Gardabou became a director. NBB
- Karen Schelstraete became a director. NBB
In short
From € 3,750 loss in 2022 to € 22,581 profit in 2025.
Paid € 29,296 in corporate taxes since 2022.
Best year ever: 2024, with € 52,114 profit.
Management
Behind M&K Design are Mahdi Gardabou and Karen Schelstraete.
Directors
According to the 2025 annual accounts
Mahdi Gardabou
Director
since 2020
Karen Schelstraete
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Broekestraat 70 box A
9667 Horebeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0745.456.084
- VAT number
- BE 0745.456.084
- Registered office
- Broekestraat 70 bus A, 9667 Horebeke
- Names & denominations
- M&K Design
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 2020
- Peppol
- Active · Active since 16 Apr 2025
- Contact
- mk-design.be
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