Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MANDEW from Avelgem, company number BE0844331550, closed financial year 2025 with a result of € -3,481 after tax. For that financial year MANDEW recorded a gross margin of € 21,578 and equity of € 15,486. Compared with financial year 2024, the result moved from € 8,093 to € -3,481. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.
€ 15,486
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,481
▼ still € 8,093 profit in 2024
Profit after tax over the fiscal year.
€ 2,395
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4,514.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 170,251
▼ 13% vs 2024
€ 25,565 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 6,313
▲ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 27,587 | € 32,470 | € 38,485 | € 21,578 | ▼ 44% |
| Profit after taxes | € 1,921 | € 6,538 | € 8,093 | € -3,481 | ▼ € 11,573 |
| Equity | € 4,336 | € 10,874 | € 18,967 | € 15,486 | ▼ 18% |
| Total debts | € 263,262 | € 247,649 | € 228,754 | € 204,633 | ▼ 11% |
| Cash | € 8,170 | € 12,996 | € 16,095 | € 2,395 | ▼ 85% |
| Land & buildings | € 259,429 | € 245,528 | € 231,626 | € 217,725 | ▼ 6% |
| Retained profit | € -15,664 | € -9,126 | € -1,033 | € -4,514 | ▼ € 3,481 |
| Bank debt | € 247,993 | € 221,380 | € 195,815 | € 170,251 | ▼ 13% |
| Balance sheet total | € 267,598 | € 258,524 | € 247,721 | € 220,120 | ▼ 11% |
Key figures of MANDEW, fiscal years 2022 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 MANDEW?
What happened at MANDEW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,481 (▼ € 11,573 vs 2024). Source: NBB ↗
- New establishment in Deerlijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,921 profit in 2022 to € 3,481 loss in 2025.
Best year ever: 2024, with € 8,093 profit.
A new publication or filing at MANDEW? 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 MANDEW is Karel Deweer-Taelman. Karel Deweer-Taelman is also behind TAELMAN EN C°, VDT Projects, Tentz, K.M.-INVEST and CONSTRUCT L & A.
Directors
According to the 2025 annual accounts
Karel Deweer-Taelman
Director
Also active at: TAELMAN EN C°, VDT Projects, Tentz, K.M.-INVEST, CONSTRUCT L & A
Establishments
Establishment units
Physical locations of this company
Krevelstraat 20
8581 Avelgem
Harelbekestraat 112
8540 Deerlijk
Active since 1 March 2017
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
- 0844.331.550
- VAT number
- BE 0844.331.550
- Registered office
- Krevelstraat 20, 8581 Avelgem
- Names & denominations
- MANDEW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 March 2012
- Peppol
- Not registered