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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KFC MANDEL UNITED from Izegem, company number BE0766335335, closed financial year 2025 with a result of € -702,174 after tax. For that financial year KFC MANDEL UNITED recorded a gross margin of € 25,520 and equity of € -1.8 million. Compared with financial year 2024, the result moved from € -743,149 to € -702,174. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 2, 2026.
€ -1.8 million
▼ € 702,174 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -702,174
▲ 6 % less loss than in 2024
Profit after tax over the fiscal year.
€ 32,070
▲ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.3 million.
People and assets in 2025
11
▲ 3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 611,699
▲ 8% vs 2024
€ 55,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 20,000
▼ 48% vs 2024
Loans from banks and other lenders, long and short.
€ 365,024
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 125,125
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 55,466 | € -46,490 | € -6,524 | € 25,520 | ▲ € 32,044 |
| Profit after taxes | € -1,278,877 | € -609,750 | € -743,149 | € -702,174 | ▲ € 40,975 |
| Equity | € 25,982 | € -346,976 | € -1,076,967 | € -1,779,141 | ▼ € 702,174 |
| Total debts | € 905,939 | € 1,230,083 | € 1,878,767 | € 2,524,980 | ▲ 34% |
| Cash | € 8,898 | € 23,182 | € 16,852 | € 32,070 | ▲ 90% |
| Retained profit | € -1,278,877 | € -1,888,627 | € -2,631,777 | € -3,333,951 | ▼ € 702,174 |
| Bank debt | € 23,750 | € 47,500 | € 38,750 | € 20,000 | ▼ 48% |
| Balance sheet total | € 931,922 | € 883,108 | € 801,800 | € 745,839 | ▼ 7% |
| Employees (FTE) | 12.4 | 14.6 | 8 | 11 | ▲ 3 |
Key figures of KFC MANDEL UNITED, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to KFC MANDEL UNITED?
What happened at KFC MANDEL UNITED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 702,174. filed late Source: NBB ↗
- F.V. MGT BV became a director. NBB
- Infinity Management BV became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.3 million loss in 2022 to € 702,174 loss in 2025.
Paid € 70,678 in corporate taxes since 2022.
On average € 2,300 of value added per employee in 2025.
Management
The stake of F.V. MGT, DAVID & EHRIG comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KFC MANDEL UNITEDBehind KFC MANDEL UNITED are F.V. MGT BV and Infinity Management BV. The shares are held by F.V. MGT (28%) and DAVID & EHRIG (24.9%).
Directors
According to the 2025 annual accounts
Director · represented by Frederick VERHELST
Also active at: Waterfields Brewery, COPUS PROJECTSOURCING, Padel Dôme, Potz – Music is Love, VV Real Estate, RENDEER, hellohelloradio.com
since 2022
Director · represented by Annelies VAN HAMME
Also active at: INFINITY JOBS, INFINITY CONSTRUCT
since 2022
Shareholders
28%
24.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Katteboomstraat 80
8870 Izegem
Sint-Jorisstraat 64 box 2
8870 Izegem
Active since 2 April 2021
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0766.335.335
- VAT number
- BE 0766.335.335
- Registered office
- Katteboomstraat 80, 8870 Izegem
- Names & denominations
- KFC MANDEL UNITED
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 April 2021
- Peppol
- Active · Active since 15 Dec 2025
- Contact
- kfcmandelunited.be [email protected]
- Activities · NACE
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