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 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Mk Glorieux from Zwevegem, company number BE0750832557, closed financial year 2025 with a result of € -25,311 after tax. For that financial year Mk Glorieux recorded a gross margin of € 9,677 and equity of € 30,249. Compared with financial year 2024, the result moved from € 1,272 to € -25,311. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 30,249
▼ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,311
▼ still € 1,272 profit in 2024
Profit after tax over the fiscal year.
€ 103
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -31,251.
People and assets in 2025
€ 32,755
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 116,828
▼ 14% vs 2024
€ 19,665 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 14,384
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,721
▲ € 8,078 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,533 | € 27,148 | € 31,651 | € 9,677 | ▼ 69% |
| Profit after taxes | € -11,639 | € 1,246 | € 1,272 | € -25,311 | ▼ € 26,583 |
| Equity | € 53,042 | € 54,289 | € 55,560 | € 30,249 | ▼ 46% |
| Total debts | € 185,596 | € 189,705 | € 207,075 | € 189,289 | ▼ 9% |
| Cash | € 3,775 | € 2,374 | € 3,619 | € 103 | ▼ 97% |
| Land & buildings | € 134,704 | € 127,951 | € 120,267 | € 112,584 | ▼ 6% |
| Retained profit | € -8,458 | € -7,211 | € -5,940 | € -31,251 | ▼ € 25,311 |
| Bank debt | € 173,633 | € 155,052 | € 136,117 | € 116,828 | ▼ 14% |
| Balance sheet total | € 238,638 | € 243,993 | € 262,636 | € 219,538 | ▼ 16% |
Key figures of Mk Glorieux, 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 Mk Glorieux?
What happened at Mk Glorieux in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 25,311 (▼ € 26,583 vs 2024). Source: NBB ↗
- New establishment in Zwevegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,639 loss in 2022 to € 25,311 loss in 2025.
Paid € 685 in corporate taxes since 2022.
Best year ever: 2024, with € 1,272 profit.
Management
Behind Mk Glorieux are Frederic Glorieux and Maaike Vandendriessche.
Directors
According to the 2025 annual accounts
Frederic Glorieux
Statutaire Bestuurder
Maaike Vandendriessche
Director
Establishments
Establishment units
Physical locations of this company
Molenstraat(H) 5
8551 Zwevegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0750.832.557
- VAT number
- BE 0750.832.557
- Registered office
- Molenstraat(H) 5, 8551 Zwevegem
- Names & denominations
- Mk Glorieux
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 July 2020
- Peppol
- Active · Active since 18 Nov 2025
- Contact
- mkglorieux.be [email protected]
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