Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
M&B Projects from Tienen, company number BE0809948119, closed financial year 2025 with a result of € 17,791 after tax. For that financial year M&B Projects recorded a gross margin of € 49,501 and equity of € -66,148. Compared with financial year 2024, the result moved from € -6,520 to € 17,791. Profitable, and profit is growing. 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 September 30, 2025.
€ -66,148
▲ € 17,791 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,791
▲ still € 6,520 loss in 2024
Profit after tax over the fiscal year.
€ 2,023
▲ 55% 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 € -84,748.
People and assets in 2025
€ 1,549
▲ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 305,080
▼ 6% vs 2024
€ 18,106 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 27,002
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -7,268 | € 12,800 | € 23,491 | € 49,501 | ▲ 111% |
| Profit after taxes | € -37,336 | € -15,860 | € -6,520 | € 17,791 | ▲ € 24,311 |
| Equity | € -61,559 | € -77,419 | € -83,939 | € -66,148 | ▲ € 17,791 |
| Total debts | € 673,939 | € 725,435 | € 739,503 | € 769,215 | ▲ 4% |
| Cash | € 1,108 | € 1,405 | € 1,301 | € 2,023 | ▲ 55% |
| Land & buildings | € 433,947 | € 434,847 | € 424,205 | € 414,021 | ▼ 2% |
| Retained profit | € -80,159 | € -96,019 | € -102,539 | € -84,748 | ▲ € 17,791 |
| Bank debt | € 357,578 | € 340,376 | € 322,879 | € 305,080 | ▼ 6% |
| Balance sheet total | € 612,380 | € 648,017 | € 655,564 | € 703,067 | ▲ 7% |
Key figures of M&B Projects, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 28 September 2026.
What happened to M&B Projects?
What happened at M&B Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,791. filed late Source: NBB ↗
- New establishment in Tienen. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,337 loss in 2022 to € 17,791 profit in 2025.
Best year ever: 2025, with € 17,791 profit.
A new publication or filing at M&B Projects? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind M&B Projects is MARIJKE BOECKAERTS.
Directors
According to the 2025 annual accounts
MARIJKE BOECKAERTS
Director
Establishments
Establishment units
Physical locations of this company
Houtemstraat 176
3300 Tienen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0809.948.119
- VAT number
- BE 0809.948.119
- Registered office
- Houtemstraat 176, 3300 Tienen
- Names & denominations
- M&B Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 2009
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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