Financials
Financial year 2025
M-WORKZ from Oudenburg, company number BE0801483581, closed financial year 2025 with a result of € 11,629 after tax. For that financial year M-WORKZ recorded a gross margin of € 33,468 and equity of € 36,599. Compared with financial year 2024, the result moved from € 22,470 to € 11,629. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.
€ 36,599
▲ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,629
▼ 48% vs 2024
Profit after tax over the fiscal year.
€ 34,986
▲ € 28,947 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 34,099.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 43,261
▲ € 37,883 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 39,464
€ 9,061 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 18,415
Supplier invoices still open on the last day of the fiscal year.
€ 8,795
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Revenue | € 241,068 | - | |
| Gross margin | € 34,547 | € 33,468 | ▼ 3% |
| Profit after taxes | € 22,470 | € 11,629 | ▼ 48% |
| Equity | € 24,970 | € 36,599 | ▲ 47% |
| Total debts | € 12,131 | € 68,711 | ▲ € 56,580 |
| Cash | € 6,039 | € 34,986 | ▲ € 28,947 |
| Retained profit | € 22,470 | € 34,099 | ▲ 52% |
| Bank debt | € 0 | € 39,464 | |
| Balance sheet total | € 37,102 | € 105,310 | ▲ 184% |
Key figures of M-WORKZ, fiscal years 2024 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 M-WORKZ?
What happened at M-WORKZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,629 (▼ 48% vs 2024). Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,470 profit in 2024 to € 11,629 profit in 2025.
Paid € 15,173 in corporate taxes since 2024.
Best year ever: 2024, with € 22,470 profit.
Management
Behind M-WORKZ is Ignace Maenhout.
Directors
According to the 2025 annual accounts
Ignace Maenhout
Director
Establishments
Establishment units
Physical locations of this company
Karpelhofstraat 34
8460 Oudenburg
Oudenburgsesteenweg 31 box Loods G12
8400 Oostende
Active since 5 May 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0801.483.581
- VAT number
- BE 0801.483.581
- Registered office
- Karpelhofstraat 34, 8460 Oudenburg
- Names & denominations
- M-WORKZ
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 May 2023
- Peppol
- Active · Active since 30 Aug 2023
- Activities · NACE
Verspanend bewerken van metalen
Installatie van isolatie
Isolatiewerkzaamheden