What does MB REAL ESTATE do?

MB REAL ESTATE is a property company in Brugge. Private Limited, started on 25 June 2021, 1 establishment.

What is the address of MB REAL ESTATE?

The registered office of MB REAL ESTATE is located at Spiegelrei 7, 8000 Brugge.

Is MB REAL ESTATE still active?

Yes. According to the CBE (29 October 2026) MB REAL ESTATE is active, legal situation “Normale toestand”, started on 25 June 2021.

Is MB REAL ESTATE registered on Peppol?

Yes, MB REAL ESTATE is registered on the Peppol network with ID 0208:0770337475.

What is the enterprise number of MB REAL ESTATE?

The enterprise number of MB REAL ESTATE is BE0770337475.

When was MB REAL ESTATE founded?

MB REAL ESTATE was founded on 25 June 2021.

Who are the directors of MB REAL ESTATE?

According to the 2025 annual accounts, the directors of MB REAL ESTATE are: KADEEM BV, MAXIME CAUS MANAGEMENT BV.

Is MB REAL ESTATE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 June 2021; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MB REAL ESTATE make in 2025?

MB REAL ESTATE posted a profit after taxes of € 376,357 in financial year 2025.

What is the revenue of MB REAL ESTATE?

As a small company, MB REAL ESTATE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 668,041.

MB REAL ESTATE (Private Limited) - Brugge - BE0770337475

Dossier MB REAL ESTATE, printed on 29 October 2026 from databakkes.be/en/0770337475/mb-real-estate. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 46 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MB REAL ESTATE from Brugge, company number BE0770337475, closed financial year 2025 with a result of € 376,357 after tax. For that financial year MB REAL ESTATE recorded a gross margin of € 668,041 and equity of € 48,038. Compared with financial year 2024, the result moved from € -354,480 to € 376,357. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.

What it is worth Growing

€ 48,038

▲ € 376,357 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 376,357

▲ still € 354,480 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 40,525

▲ 181% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 43,038.

People and assets in 2025

Wage cost

€ 92,506

▼ 14% vs 2024

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

Bank debt ≈ 23 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3.4 million

▼ 4% vs 2024

€ 146,714 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.

Owed to suppliers

€ 76,692

▼ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 21,646

▼ 10% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 11,886 Gross margin 2022: € 11,886 First fiscal year in the series	€ 145,877 Gross margin 2023: € 145,877 ▲ € 133,991 vs 2022 (€ 11,886) Favourable step	€ 247,227 Gross margin 2024: € 247,227 ▲ 69% vs 2023 (€ 145,877) Favourable step	€ 668,041 Gross margin 2025: € 668,041 ▲ 170% vs 2024 (€ 247,227) Favourable step	▲ 170%
Profit after taxes	€ -39,739 Profit after taxes 2022: € -39,739 First fiscal year in the series	€ 60,900 Profit after taxes 2023: € 60,900 ▲ € 100,640 vs 2022 (€ -39,739) Favourable step	€ -354,480 Profit after taxes 2024: € -354,480 ▼ € 415,380 vs 2023 (€ 60,900) Unfavourable step	€ 376,357 Profit after taxes 2025: € 376,357 ▲ € 730,837 vs 2024 (€ -354,480) Favourable step	▲ € 730,837
Equity	€ -34,739 Equity 2022: € -34,739 First fiscal year in the series	€ 26,161 Equity 2023: € 26,161 ▲ € 60,900 vs 2022 (€ -34,739) Favourable step	€ -328,319 Equity 2024: € -328,319 ▼ € 354,480 vs 2023 (€ 26,161) Unfavourable step	€ 48,038 Equity 2025: € 48,038 ▲ € 376,357 vs 2024 (€ -328,319) Favourable step	▲ € 376,357
Total debts	€ 96,549 Total debts 2022: € 96,549 First fiscal year in the series	€ 63,306 Total debts 2023: € 63,306 ▼ 34% vs 2022 (€ 96,549) Favourable step	€ 4,205,705 Total debts 2024: € 4,205,705 ▲ € 4.1 million vs 2023 (€ 63,306) Unfavourable step	€ 4,055,771 Total debts 2025: € 4,055,771 ▼ 4% vs 2024 (€ 4,205,705) Favourable step	▼ 4%
Cash	€ 5,936 Cash 2022: € 5,936 First fiscal year in the series	€ 29,784 Cash 2023: € 29,784 ▲ € 23,848 vs 2022 (€ 5,936) Favourable step	€ 14,424 Cash 2024: € 14,424 ▼ 52% vs 2023 (€ 29,784) Unfavourable step	€ 40,525 Cash 2025: € 40,525 ▲ 181% vs 2024 (€ 14,424) Favourable step	▲ 181%
Land & buildings	€ 12,107 Land & buildings 2022: € 12,107 First fiscal year in the series	€ 13,717 Land & buildings 2023: € 13,717 ▲ 13% vs 2022 (€ 12,107) Unchanged	€ 3,825,263 Land & buildings 2024: € 3,825,263 ▲ € 3.8 million vs 2023 (€ 13,717) Unchanged	€ 3,716,873 Land & buildings 2025: € 3,716,873 ▼ 3% vs 2024 (€ 3,825,263) Unchanged	▼ 3%
Retained profit	€ -39,739 Retained profit 2022: € -39,739 First fiscal year in the series	€ 21,161 Retained profit 2023: € 21,161 ▲ € 60,900 vs 2022 (€ -39,739) Favourable step	€ -333,319 Retained profit 2024: € -333,319 ▼ € 354,480 vs 2023 (€ 21,161) Unfavourable step	€ 43,038 Retained profit 2025: € 43,038 ▲ € 376,357 vs 2024 (€ -333,319) Favourable step	▲ € 376,357
Bank debt	€ 18,274 Bank debt 2022: € 18,274 First fiscal year in the series	€ 5,429 Bank debt 2023: € 5,429 ▼ 70% vs 2022 (€ 18,274) Favourable step	€ 3,500,000 Bank debt 2024: € 3,500,000 ▲ € 3.5 million vs 2023 (€ 5,429) Unfavourable step	€ 3,361,243 Bank debt 2025: € 3,361,243 ▼ 4% vs 2024 (€ 3,500,000) Favourable step	▼ 4%
Balance sheet total	€ 61,809 Balance sheet total 2022: € 61,809 First fiscal year in the series	€ 89,467 Balance sheet total 2023: € 89,467 ▲ 45% vs 2022 (€ 61,809) Unchanged	€ 3,877,386 Balance sheet total 2024: € 3,877,386 ▲ € 3.8 million vs 2023 (€ 89,467) Unchanged	€ 4,103,809 Balance sheet total 2025: € 4,103,809 ▲ 6% vs 2024 (€ 3,877,386) Unchanged	▲ 6%

Key figures of MB REAL ESTATE, 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 MB REAL ESTATE?

What happened at MB REAL ESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 30, 2026 New annual accounts for financial year 2025: profit of € 376,357. filed late Source: NBB ↗
Jun 25, 2021 New establishment in Brugge. KBO
Jun 25, 2021 Start of the company according to the CBE. KBO

In short

From € 39,739 loss in 2022 to € 376,357 profit in 2025.

Paid € 9,850 in corporate taxes since 2022.

Best year ever: 2025, with € 376,357 profit.

Original PDFs at the National Bank ↗

Management

KADEEM BV MAXIME CAUS MANAGEMENT BV

BEDEVAART

First Klaas Estate

MB REAL ESTATE

ISG BELGIUM

Behind MB REAL ESTATE are KADEEM BV and MAXIME CAUS MANAGEMENT BV. KADEEM BV is also behind BEDEVAART, First Klaas Estate, MAXINI, JULARD and AXTON PROPERTIES. MAXIME CAUS MANAGEMENT BV is also behind ISG BELGIUM, HARBOUR ACTIVITIES, INDEPENDENT MARINE SURVEY and INTERNATIONAL SURVEY GROUP.

Directors

According to the 2025 annual accounts

KADEEM BV

Director · represented by Klaas De Muyt

Also active at: BEDEVAART, First Klaas Estate, MAXINI, JULARD, AXTON PROPERTIES, POWERZONE

MAXIME CAUS MANAGEMENT BV

Director · represented by Maxime Caus

Also active at: ISG BELGIUM, HARBOUR ACTIVITIES, INDEPENDENT MARINE SURVEY, INTERNATIONAL SURVEY GROUP

Establishments

Establishment units

Physical locations of this company

Registered office

Spiegelrei 7

8000 Brugge

2.318.941.782

O.-L.-Vrouwekerkhof-Zuid 18

8000 Brugge

Active since 25 June 2021

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

HARBOUR ACTIVITIES same network

€ 187,654 gross margin · 2025

MAXIME CAUS MANAGEMENT same network

€ 41,732 gross margin · 2025

MAISON BON BON

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0770.337.475

VAT number

BE 0770.337.475

Registered office

Spiegelrei 7, 8000 Brugge

Names & denominations

MB REAL ESTATE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

25 June 2021

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

View on CBE Public ↗ Annual accounts (NBB) ↗

MB REAL ESTATE

Warning lights

Financials

What happened to MB REAL ESTATE?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions