Financials
Financial year 2024
M FOR STYLE DRIVING from Knokke-Heist, company number BE0785814717, closed financial year 2024 with a result of € 19,097 after tax. For that financial year M FOR STYLE DRIVING recorded a gross margin of € 43,422 and equity of € 49,901. Compared with financial year 2023, the result moved from € 1,491 to € 19,097. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2025.
€ 49,901
▲ 62% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,097
▲ € 17,606 vs 2023
Profit after tax over the fiscal year.
€ 790
▼ 82% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 44,901.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 41,328
▼ 24% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 29,150
▼ 29% vs 2023
€ 14,680 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 5,734
▼ 4% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 10,216
▼ 30% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 25,872 | € 32,027 | € 43,422 | ▲ 36% |
| Profit after taxes | € 24,312 | € 1,491 | € 19,097 | ▲ € 17,606 |
| Equity | € 29,312 | € 30,804 | € 49,901 | ▲ 62% |
| Total debts | € 5,714 | € 61,981 | € 45,100 | ▼ 27% |
| Cash | € 4,204 | € 4,451 | € 790 | ▼ 82% |
| Retained profit | € 24,312 | € 25,804 | € 44,901 | ▲ 74% |
| Bank debt | € 0 | € 41,265 | € 29,150 | ▼ 29% |
| Balance sheet total | € 35,026 | € 92,785 | € 95,001 | ▲ 2% |
Key figures of M FOR STYLE DRIVING, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to M FOR STYLE DRIVING?
What happened at M FOR STYLE DRIVING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 19,097 (▲ € 17,606 vs 2023). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Mario Doubels became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 24,312 profit in 2022 to € 19,097 profit in 2024.
Paid € 13,428 in corporate taxes since 2022.
Best year ever: 2022, with € 24,312 profit.
Management
Behind M FOR STYLE DRIVING is Mario Doubels.
Directors
According to the 2024 annual accounts
Mario Doubels
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Paul Baumstraat 1 box 21
8300 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0785.814.717
- VAT number
- BE 0785.814.717
- Registered office
- Paul Baumstraat 1 bus 21, 8300 Knokke-Heist
- Names & denominations
- M FOR STYLE DRIVING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 May 2022
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
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