Financials
Financial year 2025
M.P.V.E. from Koekelare, company number BE0745535961, closed financial year 2025 with a result of € 48,564 after tax. For that financial year M.P.V.E. recorded a gross margin of € 746,629 and equity of € 318,236. Compared with financial year 2024, the result moved from € 74,865 to € 48,564. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.
€ 318,236
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,564
▼ 35% vs 2024
Profit after tax over the fiscal year.
€ 157,113
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,718 paid out
4 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 570,167
▲ 46% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 161,673
▲ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 737,758
▲ 8% vs 2024
€ 84,918 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 40,439
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,498
▲ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 257,491 | € 351,260 | € 656,383 | € 746,629 | ▲ 14% |
| Profit after taxes | € 73,946 | € 116,127 | € 74,865 | € 48,564 | ▼ 35% |
| Equity | € 81,231 | € 197,358 | € 271,390 | € 318,236 | ▲ 17% |
| Total debts | € 259,757 | € 208,769 | € 832,015 | € 865,350 | ▲ 4% |
| Cash | € 57,907 | € 86,066 | € 159,683 | € 157,113 | ▼ 2% |
| Land & buildings | - | - | € 558,635 | € 599,056 | ▲ 7% |
| Retained profit | € 78,231 | € 194,358 | € 268,390 | € 315,236 | ▲ 17% |
| Dividend | € 800 | € 0 | € 833 | € 1,718 | ▲ 106% |
| Bank debt | € 114,000 | € 106,545 | € 686,107 | € 737,758 | ▲ 8% |
| Balance sheet total | € 340,988 | € 406,127 | € 1,103,405 | € 1,183,586 | ▲ 7% |
Key figures of M.P.V.E., 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.P.V.E.?
What happened at M.P.V.E. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 48,564 (▼ 35% vs 2024). Source: NBB ↗
- New establishment in Kortemark. KBO
- Michelle Kinget became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 73,946 profit in 2022 to € 48,564 profit in 2025.
Paid € 115,406 in corporate taxes since 2022.
Best year ever: 2023, with € 116,127 profit.
Paid out € 3,351 in dividends to the owners in total.
Management
Behind M.P.V.E. is Michelle Kinget. Michelle Kinget is also behind MKDS.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Noordstraat 74
8680 Koekelare
Koekelarestraat 97
8610 Kortemark
Active since 23 March 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0745.535.961
- VAT number
- BE 0745.535.961
- Registered office
- Noordstraat 74, 8680 Koekelare
- Names & denominations
- M.P.V.E.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 2020
- Peppol
- Active · Active since 18 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Overige reiniging van gebouwen; industriële reiniging
Andere reinigingsactiviteiten