Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
M PROJET from Brussel, company number BE0757531101, closed financial year 2025 with a result of € -13,554 after tax. For that financial year M PROJET recorded a gross margin of € 27,819 and equity of € 23,430. Compared with financial year 2024, the result moved from € 68 to € -13,554. 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 June 11, 2026.
€ 23,430
▼ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,554
▼ still € 68 profit in 2024
Profit after tax over the fiscal year.
€ 29,912
▼ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 13,430.
Debts at end 2025
€ 546,693
▲ 135% vs 2024
€ 35,624 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 18,707
▲ € 17,729 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 40,391 | € 5,209 | € 26,365 | € 27,819 | ▲ 6% |
| Profit after taxes | € -2,652 | € -23,364 | € 68 | € -13,554 | ▼ € 13,622 |
| Equity | € -17,071 | € 36,917 | € 36,984 | € 23,430 | ▼ 37% |
| Total debts | € 685,204 | € 410,845 | € 393,817 | € 729,373 | ▲ 85% |
| Cash | € 20,265 | € 143,405 | € 102,011 | € 29,912 | ▼ 71% |
| Land & buildings | € 647,868 | € 330,140 | € 311,599 | € 733,540 | ▲ 135% |
| Retained profit | € -27,071 | € 26,917 | € 26,984 | € 13,430 | ▼ 50% |
| Bank debt | € 506,490 | € 249,476 | € 232,385 | € 546,693 | ▲ 135% |
| Balance sheet total | € 668,133 | € 473,545 | € 456,585 | € 777,556 | ▲ 70% |
Key figures of M PROJET, 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 M PROJET?
What happened at M PROJET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,554 (▼ € 13,622 vs 2024). Source: NBB ↗
- New establishment in Brussel. KBO
- Mehmet KUCUK became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,652 loss in 2022 to € 13,554 loss in 2025.
Best year ever: 2024, with € 68 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind M PROJET is Mehmet KUCUK. Mehmet KUCUK is also behind KCS CLEANING.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Rode Kruislaan 11
1020 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0757.531.101
- VAT number
- BE 0757.531.101
- Registered office
- Rode Kruislaan 11, 1020 Brussel
- Names & denominations
- M PROJET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 2020
- Peppol
- Active · Active since 10 Nov 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen