Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAMO from Koksijde, company number BE0846583534, closed financial year 2025 with a result of € -13,989 after tax. For that financial year MAMO recorded a gross margin of € 97,359 and equity of € 325,931. Compared with financial year 2024, the result moved from € -4,138 to € -13,989. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 325,931
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,989
▼ 238 % more loss than in 2024
Profit after tax over the fiscal year.
€ 42,712
▲ € 32,699 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 125,931.
Debts at end 2025
€ 1.4 million
▼ 6% vs 2024
€ 121,596 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 23,100
▲ 165% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,871
▲ 196% vs 2024
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 | € 94,057 | € 167,447 | € 134,389 | € 97,359 | ▼ 28% |
| Profit after taxes | € 53,402 | € 56,084 | € -4,138 | € -13,989 | ▼ € 9,850 |
| Equity | € 287,974 | € 344,058 | € 339,920 | € 325,931 | ▼ 4% |
| Total debts | € 2,672,182 | € 1,875,531 | € 1,789,861 | € 1,696,096 | ▼ 5% |
| Cash | € 32,605 | € 21,971 | € 10,014 | € 42,712 | ▲ € 32,699 |
| Land & buildings | € 1,650,742 | € 1,602,237 | € 1,553,430 | € 1,483,519 | ▼ 5% |
| Retained profit | € 87,974 | € 144,058 | € 139,920 | € 125,931 | ▼ 10% |
| Bank debt | € 2,125,867 | € 1,626,124 | € 1,522,553 | € 1,432,889 | ▼ 6% |
| Balance sheet total | € 2,960,156 | € 2,219,589 | € 2,129,781 | € 2,022,028 | ▼ 5% |
Key figures of MAMO, 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 MAMO?
What happened at MAMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,989. Source: NBB ↗
- Miek Geerardyn BV became a director. NBB
- Devan Holding BV became a director. NBB
- New establishment in Koksijde. KBO
- Start of the company according to the CBE. KBO
In short
From € 53,402 profit in 2022 to € 13,989 loss in 2025.
Paid € 38,499 in corporate taxes since 2022.
Best year ever: 2023, with € 56,084 profit.
A new publication or filing at MAMO? 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
The stake of DEVAN HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAMOBehind MAMO are Devan Holding BV and Miek Geerardyn BV. The shares are held by DEVAN HOLDING (50%).
Directors
According to the 2025 annual accounts
Director · represented by Steve Degrieck
Also active at: BELFAS, KOBE PROJECTS, Groep Caenen Capital Fund, GROEP CAENEN CAPITAL FUND II, Eagle Fund I, GROEP CAENEN CAPITAL FUND III, EAGLE FUND II, SEAPARK +19 more
since 2016
Director · represented by Miek Geerardyn
Also active at: GT MANAGEMENT, GT BOBBY, BRICKS INVEST, GT METAVAN, METAVAN REELS
since 2024
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Witte Burg(Odk) 52
8670 Koksijde
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0846.583.534
- VAT number
- BE 0846.583.534
- Registered office
- Witte Burg(Odk) 52, 8670 Koksijde
- Names & denominations
- MAMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 2012
- Peppol
- Active · Active since 15 May 2025
- Activities · NACE
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