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 40 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MB PROJECTS from Hasselt, company number BE0820848741, closed financial year 2024 with a result of € 329,508 after tax. For that financial year MB PROJECTS recorded a gross margin of € 1.1 million and equity of € -1.9 million. Compared with financial year 2023, the result moved from € 560,701 to € 329,508. The company is profitable. 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 November 30, 2025.
€ -1.9 million
▲ € 329,508 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 329,508
▼ 41% vs 2023
Profit after tax over the fiscal year.
€ 10,171
▼ 85% 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 € -2 million.
People and assets in 2024
1
Average over the fiscal year, from the social balance sheet.
€ 66,829
▼ 1% vs 2023
€ 66,800 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.
€ 16,712
▼ 32% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1,325
▼ 80% vs 2023
Loans from banks and other lenders, long and short.
€ 32,540
▼ 35% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 7,416
▲ 6% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,573,420 | € 1,169,834 | € 892,197 | € 1,125,128 | ▲ 26% |
| Profit after taxes | € -458,691 | € 322,196 | € 560,701 | € 329,508 | ▼ 41% |
| Equity | € -3,103,996 | € -2,781,800 | € -2,221,099 | € -1,891,592 | ▲ € 329,508 |
| Total debts | € 11,132,643 | € 12,020,419 | € 12,152,208 | € 12,182,512 | |
| Cash | € 7,011 | € 10,358 | € 68,272 | € 10,171 | ▼ 85% |
| Land & buildings | € 3,533,070 | € 2,916,246 | € 2,506,246 | € 2,506,246 | |
| Retained profit | € -3,203,996 | € -2,881,800 | € -2,330,750 | € -2,001,242 | ▲ € 329,508 |
| Bank debt | € 641,562 | € 11,785 | € 6,589 | € 1,325 | ▼ 80% |
| Balance sheet total | € 8,028,648 | € 9,238,619 | € 9,931,108 | € 10,290,920 | ▲ 4% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of MB PROJECTS, fiscal years 2021 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 MB PROJECTS?
What happened at MB PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 329,508 (▼ 41% vs 2023). filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 458,691 loss in 2021 to € 329,508 profit in 2024.
Paid € 4,120 in corporate taxes since 2021.
Best year ever: 2023, with € 560,701 profit.
On average € 1.1 million of value added per employee in 2024.
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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 MB PROJECTS are Group MC NV and Viclo BV. It owns 99% of MB DEVELOPMENTS and 50% of Bonnefant itself.
Directors
According to the 2024 annual accounts
Director · represented by Caroline Maesen
Also active at: MB Developments, STUVEX INTERNATIONAL, IExT, ISMA, CAROLUS TREES, Carsort, LAND, Torino Holding +4 more
Director · represented by Willem Broux
Also active at: MB Developments, STUVEX INTERNATIONAL, IExT, ISMA, BONNEFANT, Torino Holding, SHOPCO IMMO, IRMACO
Establishments
Establishment units
Physical locations of this company
Aldestraat 44
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0820.848.741
- VAT number
- BE 0820.848.741
- Registered office
- Aldestraat 44, 3500 Hasselt
- Names & denominations
- MB PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 2009
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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