Financials
Financial year 2025
MFL REAL ESTATE DEVELOPMENT from Walcourt, company number BE0755536958, closed financial year 2025 with a result of € 12,974 after tax. For that financial year MFL REAL ESTATE DEVELOPMENT recorded a gross margin of € 75,804 and equity of € 514,317. Compared with financial year 2024, the result moved from € 31,871 to € 12,974. 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 August 10, 2026.
€ 514,317
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,974
▼ 59% vs 2024
Profit after tax over the fiscal year.
€ 20,443
▼ 93% 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 € 134,317.
Debts at end 2025
€ 1.3 million
▲ 97% vs 2024
€ 65,251 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 2,946
▲ 205% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 107,342 | € 94,000 | € 93,532 | € 75,804 | ▼ 19% |
| Profit after taxes | € 40,417 | € 30,784 | € 31,871 | € 12,974 | ▼ 59% |
| Equity | € 438,687 | € 469,472 | € 501,343 | € 514,317 | ▲ 3% |
| Total debts | € 781,075 | € 710,556 | € 649,237 | € 1,268,860 | ▲ 95% |
| Cash | € 33,473 | € 362,095 | € 311,714 | € 20,443 | ▼ 93% |
| Land & buildings | € 824,400 | € 801,431 | € 778,463 | € 755,494 | ▼ 3% |
| Retained profit | € 58,687 | € 89,472 | € 121,343 | € 134,317 | ▲ 11% |
| Bank debt | € 764,688 | € 703,519 | € 641,031 | € 1,263,923 | ▲ 97% |
| Balance sheet total | € 1,219,762 | € 1,180,028 | € 1,150,580 | € 1,783,177 | ▲ 55% |
Key figures of MFL REAL ESTATE DEVELOPMENT, 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 MFL REAL ESTATE DEVELOPMENT?
What happened at MFL REAL ESTATE DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,974 (▼ 59% vs 2024). filed late Source: NBB ↗
- New establishment in Charleroi. KBO
- New establishment in Walcourt. KBO
- Start of the company according to the CBE. KBO
In short
From € 40,417 profit in 2022 to € 12,974 profit in 2025.
Paid € 39,538 in corporate taxes since 2022.
Best year ever: 2022, with € 40,417 profit.
Management
Behind MFL REAL ESTATE DEVELOPMENT is MOHAMED FEROUAL. MOHAMED FEROUAL is also behind MFL ENERGY.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue de la Thyria(Thy) 45
5651 Walcourt
Rue de Montigny 184
6000 Charleroi
Active since 2 November 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0755.536.958
- VAT number
- BE 0755.536.958
- Registered office
- Rue de la Thyria(Thy) 45, 5651 Walcourt
- Names & denominations
- MFL REAL ESTATE DEVELOPMENT · MFL RED SRL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 2020
- Peppol
- Active · Active since 24 Dec 2025
- Contact
- [email protected] +32473742808
- Activities · NACE
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