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 6 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
MB VASTGOED from Blankenberge, company number BE0745693141, closed financial year 2026 with a result of € 1,713 after tax. For that financial year MB VASTGOED recorded a gross margin of € 174,116 and equity of € 94,716. Compared with financial year 2025, the result moved from € 197 to € 1,713. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 27, 2026.
€ 94,716
▲ 2% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,713
▲ € 1,517 vs 2025
Profit after tax over the fiscal year.
€ 7,725
▼ 7% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 74,716.
People and assets in 2026
€ 38,633
▲ 2% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 68,504
▼ 55% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 776,056
▲ 14% vs 2025
€ 82,616 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 257
▼ 85% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 1,722
▲ 76% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 113,210 | € 173,612 | € 176,158 | € 174,116 | ▼ 1% |
| Profit after taxes | € 8,036 | € 1,440 | € 197 | € 1,713 | ▲ € 1,517 |
| Equity | € 91,367 | € 92,807 | € 93,003 | € 94,716 | ▲ 2% |
| Total debts | € 1,567,575 | € 1,472,463 | € 1,573,983 | € 1,701,146 | ▲ 8% |
| Cash | € 7,826 | € 11,092 | € 8,344 | € 7,725 | ▼ 7% |
| Land & buildings | € 1,348,021 | € 1,301,964 | € 1,431,515 | € 1,651,796 | ▲ 15% |
| Retained profit | € 71,367 | € 72,807 | € 73,003 | € 74,716 | ▲ 2% |
| Bank debt | € 805,961 | € 742,704 | € 678,231 | € 776,056 | ▲ 14% |
| Balance sheet total | € 1,658,942 | € 1,565,270 | € 1,666,986 | € 1,795,863 | ▲ 8% |
By gross margin, MB VASTGOED ranks 5th of 28 companies with main activity “Activiteiten van holdings” in Blankenberge that publish figures (fiscal year 2026).
Key figures of MB VASTGOED, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
Ask about MB VASTGOED the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to MB VASTGOED?
What happened at MB VASTGOED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 1,713 (▲ € 1,517 vs 2025). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Blankenberge. KBO
- Manuel Bouche became a director. NBB
In short
From € 8,036 profit in 2023 to € 1,713 profit in 2026.
Paid € 6,463 in corporate taxes since 2023.
Best year ever: 2023, with € 8,036 profit.
Management
Behind MB VASTGOED is Manuel Bouche. Manuel Bouche is also behind CC VASTGOED and M BOUCHE.
Directors
According to the 2026 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Kerkstraat 448
8370 Blankenberge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- BOUCHE Manuel Marie Albert Annie(oprichter) 100%
Details
- Company number
- 0745.693.141
- VAT number
- BE 0745.693.141
- Registered office
- Kerkstraat 448, 8370 Blankenberge
- Names & denominations
- MB VASTGOED
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 2020
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van syndici van onroerend goed
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen