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 61 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
MK METAAL from Tongeren-Borgloon, company number BE0765175194, closed financial year 2026 with a result of € 240,013 after tax. For that financial year MK METAAL recorded a gross margin of € 1.2 million and equity of € 197,628. Compared with financial year 2025, the result moved from € 223,324 to € 240,013. Profitable, and profit is growing. The buffer shrank hard: equity is 73 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 197,628
▼ 73% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 240,013
▲ 7% vs 2025
Profit after tax over the fiscal year.
€ 169,242
▼ 52% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 772,235 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
€ 703,500
▲ 24% 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.
€ 602,561
▼ 14% vs 2025
Of which on lease € 522,962.
Debts at end 2026
€ 495,515
▼ 20% vs 2025
€ 105,609 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 90,034
▼ 47% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 33,754
▼ 46% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 579,393 | € 775,930 | € 1,047,821 | € 1,226,550 | ▲ 17% |
| Profit after taxes | € 180,934 | € 185,655 | € 223,324 | € 240,013 | ▲ 7% |
| Equity | € 320,872 | € 506,527 | € 729,850 | € 197,628 | ▼ 73% |
| Total debts | € 361,599 | € 901,465 | € 857,879 | € 1,121,727 | ▲ 31% |
| Cash | € 109,216 | € 165,367 | € 354,038 | € 169,242 | ▼ 52% |
| Land & buildings | € 7,615 | € 6,092 | € 4,569 | € 3,046 | ▼ 33% |
| Retained profit | € 310,872 | € 496,527 | € 719,850 | € 187,628 | ▼ 74% |
| Dividend | € 0 | € 0 | € 0 | € 772,235 | |
| Bank debt | € 138,960 | € 739,384 | € 621,768 | € 495,515 | ▼ 20% |
| Balance sheet total | € 682,471 | € 1,407,992 | € 1,587,729 | € 1,319,356 | ▼ 17% |
Key figures of MK METAAL, 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.
What happened to MK METAAL?
What happened at MK METAAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 240,013 (▲ 7% vs 2025). Source: NBB ↗
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 180,934 profit in 2023 to € 240,013 profit in 2026.
Paid € 261,051 in corporate taxes since 2023.
Best year ever: 2026, with € 240,013 profit.
Paid out € 772,235 in dividends to the owners in total.
Management
Behind MK METAAL is Kris Martens.
Directors
According to the 2026 annual accounts
Kris Martens
Director
Establishments
Establishment units
Physical locations of this company
Warandestraat 5
3840 Tongeren-Borgloon
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0765.175.194
- VAT number
- BE 0765.175.194
- Registered office
- Warandestraat 5, 3840 Tongeren-Borgloon
- Names & denominations
- MK METAAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 March 2021
- Peppol
- Active · Active since 3 Nov 2023
- Activities · NACE
Overige bouwinstallatie
Vervaardiging van metalen constructiewerken en delen daarvan
Overige bouwinstallatie, n.e.g.