What does M-PAINTING do?

M-PAINTING is a painting contractor in Hasselt. Private Limited, started on 9 November 2010, 1 establishment.

What is the address of M-PAINTING?

The registered office of M-PAINTING is located at Winkelstraat 4, 3720 Hasselt.

Is M-PAINTING still active?

Yes. According to the CBE (29 October 2026) M-PAINTING is active, legal situation “Normale toestand”, started on 9 November 2010.

Is M-PAINTING registered on Peppol?

Yes, M-PAINTING is registered on the Peppol network with ID 0208:0831004344.

What is the enterprise number of M-PAINTING?

The enterprise number of M-PAINTING is BE0831004344.

When was M-PAINTING founded?

M-PAINTING was founded on 9 November 2010.

Who are the directors of M-PAINTING?

According to the 2025 annual accounts, the directors of M-PAINTING are: MIKAN CONSULTING, BPAINT.

Is M-PAINTING a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 November 2010; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did M-PAINTING make in 2025?

M-PAINTING posted a profit after taxes of € 29,036 in financial year 2025.

What is the revenue of M-PAINTING?

As a small company, M-PAINTING is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,990,342.

How much does an employee at M-PAINTING earn?

The average wage cost per full-time employee at M-PAINTING was € 64,800 in 2025: staff costs of € 1.8 million for 28 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does M-PAINTING have?

According to the 2025 annual accounts, M-PAINTING has 28 full-time equivalents (FTE).

M-PAINTING (Private Limited) - Hasselt - BE0831004344

Dossier M-PAINTING, printed on 29 October 2026 from databakkes.be/en/0831004344/m-painting. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

M-PAINTING from Hasselt, company number BE0831004344, closed financial year 2025 with a result of € 29,036 after tax. For that financial year M-PAINTING recorded a gross margin of € 2 million and equity of € 398,552. Compared with financial year 2024, the result moved from € 18,212 to € 29,036. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.

What it is worth Growing

€ 398,552

▲ 8% vs 2024

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

Profit Growing

€ 29,036

▲ 59% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 153,884

▲ 60% 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 € 357,632.

People and assets in 2025

Full-time equivalents

▲ 2.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.8 million

▲ 18% vs 2024

€ 64,800 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.

Vehicles and equipment

€ 71,211

▼ 17% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 16 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.

€ 279,438

▼ 18% vs 2024

€ 17,505 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.

Owed to suppliers

€ 595,068

▲ 3% vs 2024

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

Wages and social charges

€ 61,851

▲ 228% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,408,276 Gross margin 2022: € 1,408,276 First fiscal year in the series	€ 1,754,512 Gross margin 2023: € 1,754,512 ▲ 25% vs 2022 (€ 1,408,276) Favourable step	€ 1,674,700 Gross margin 2024: € 1,674,700 ▼ 5% vs 2023 (€ 1,754,512) Unfavourable step	€ 1,990,342 Gross margin 2025: € 1,990,342 ▲ 19% vs 2024 (€ 1,674,700) Favourable step	▲ 19%
Profit after taxes	€ 210,886 Profit after taxes 2022: € 210,886 First fiscal year in the series	€ 178,253 Profit after taxes 2023: € 178,253 ▼ 15% vs 2022 (€ 210,886) Unfavourable step	€ 18,212 Profit after taxes 2024: € 18,212 ▼ 90% vs 2023 (€ 178,253) Unfavourable step	€ 29,036 Profit after taxes 2025: € 29,036 ▲ 59% vs 2024 (€ 18,212) Favourable step	▲ 59%
Equity	€ 273,051 Equity 2022: € 273,051 First fiscal year in the series	€ 351,304 Equity 2023: € 351,304 ▲ 29% vs 2022 (€ 273,051) Favourable step	€ 369,516 Equity 2024: € 369,516 ▲ 5% vs 2023 (€ 351,304) Favourable step	€ 398,552 Equity 2025: € 398,552 ▲ 8% vs 2024 (€ 369,516) Favourable step	▲ 8%
Total debts	€ 644,588 Total debts 2022: € 644,588 First fiscal year in the series	€ 838,427 Total debts 2023: € 838,427 ▲ 30% vs 2022 (€ 644,588) Unfavourable step	€ 950,740 Total debts 2024: € 950,740 ▲ 13% vs 2023 (€ 838,427) Unfavourable step	€ 964,392 Total debts 2025: € 964,392 ▲ 1% vs 2024 (€ 950,740) Unfavourable step	▲ 1%
Cash	€ 21,408 Cash 2022: € 21,408 First fiscal year in the series	€ 204,774 Cash 2023: € 204,774 ▲ € 183,366 vs 2022 (€ 21,408) Favourable step	€ 96,415 Cash 2024: € 96,415 ▼ 53% vs 2023 (€ 204,774) Unfavourable step	€ 153,884 Cash 2025: € 153,884 ▲ 60% vs 2024 (€ 96,415) Favourable step	▲ 60%
Retained profit	€ 232,131 Retained profit 2022: € 232,131 First fiscal year in the series	€ 310,384 Retained profit 2023: € 310,384 ▲ 34% vs 2022 (€ 232,131) Favourable step	€ 328,596 Retained profit 2024: € 328,596 ▲ 6% vs 2023 (€ 310,384) Favourable step	€ 357,632 Retained profit 2025: € 357,632 ▲ 9% vs 2024 (€ 328,596) Favourable step	▲ 9%
Dividend	€ 140,000 Dividend 2022: € 140,000 First fiscal year in the series	€ 100,000 Dividend 2023: € 100,000 ▼ 29% vs 2022 (€ 140,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 100,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 261,757 Bank debt 2022: € 261,757 First fiscal year in the series	€ 465,255 Bank debt 2023: € 465,255 ▲ 78% vs 2022 (€ 261,757) Unfavourable step	€ 340,841 Bank debt 2024: € 340,841 ▼ 27% vs 2023 (€ 465,255) Favourable step	€ 279,438 Bank debt 2025: € 279,438 ▼ 18% vs 2024 (€ 340,841) Favourable step	▼ 18%
Balance sheet total	€ 917,639 Balance sheet total 2022: € 917,639 First fiscal year in the series	€ 1,189,731 Balance sheet total 2023: € 1,189,731 ▲ 30% vs 2022 (€ 917,639) Unchanged	€ 1,320,256 Balance sheet total 2024: € 1,320,256 ▲ 11% vs 2023 (€ 1,189,731) Unchanged	€ 1,362,945 Balance sheet total 2025: € 1,362,945 ▲ 3% vs 2024 (€ 1,320,256) Unchanged	▲ 3%
Employees (FTE)	19 Employees (FTE) 2022: 19 First fiscal year in the series	23.5 Employees (FTE) 2023: 23.5 ▲ 4.5 vs 2022 (19) Unchanged	25.5 Employees (FTE) 2024: 25.5 ▲ 2 vs 2023 (23.5) Unchanged	28 Employees (FTE) 2025: 28 ▲ 2.5 vs 2024 (25.5) Unchanged	▲ 2.5

Key figures of M-PAINTING, 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 M-PAINTING?

What happened at M-PAINTING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 26, 2026 New annual accounts for financial year 2025: profit of € 29,036 (▲ 59% vs 2024). Source: NBB ↗
Jan 1, 2011 New establishment in Hasselt. KBO
Nov 9, 2010 Start of the company according to the CBE. KBO

In short

From € 210,886 profit in 2022 to € 29,036 profit in 2025.

Paid € 85,237 in corporate taxes since 2022.

Best year ever: 2022, with € 210,886 profit.

On average € 71,100 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

bpaint 50%

The stake of bpaint comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

M-PAINTING

Behind M-PAINTING are MIKAN CONSULTING and BPAINT. The shares are held by bpaint (50%).

Directors

According to the 2025 annual accounts

MIKAN CONSULTING

Director · represented by Mikal Vielvoije

Also active at: MK FLOOR

BPAINT

Director · represented by Olaf Bousse

Also active at: JBA TRADING, DE VERFGROOTHANDEL, UNIT1 INVEST, MAALI, PROFcoat, de lakkerij

Shareholders

bpaint

50%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Winkelstraat 4

3720 Hasselt

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

MK FLOOR same network

€ 351,493 gross margin · 2025

MIKARA

€ 78,842 gross margin · 2025

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

Details

Company number

0831.004.344

VAT number

BE 0831.004.344

Registered office

Winkelstraat 4, 3720 Hasselt

Names & denominations

M-PAINTING

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

9 November 2010

Peppol

Active · Active since 23 May 2025

Activities · NACE

Schilderen van gebouwen

Installatie van isolatie

Stukadoorswerk

Interieurontwerp

Plaatsen van vloer- en wandtegels

Waterdichtingswerken van muren

Detailhandel in verf en verfwaren

Isolatiewerkzaamheden

View on CBE Public ↗ Annual accounts (NBB) ↗

M-PAINTING

Financials

What happened to M-PAINTING?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions