Financials
Financial year 2025
M&M De Waele from Lochristi, company number BE0862242007, closed financial year 2025 with a result of € 271,707 after tax. For that financial year M&M De Waele recorded a gross margin of € 5.5 million and equity of € 926,810. Compared with financial year 2024, the result moved from € 425,251 to € 271,707. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 9, 2026.
€ 926,810
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 271,707
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 401,510
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 277,089 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
121.3
▲ 44.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.5 million
▲ 13% vs 2024
€ 36,800 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.
€ 1 million
▲ 1% vs 2024
Of which on lease € 744,195.
Debts at end 2025
€ 1.6 million
▲ 54% vs 2024
€ 550,376 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 216,752
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 641,674
▲ 42% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,491,217 | € 3,852,191 | € 5,254,531 | € 5,486,282 | ▲ 4% |
| Profit after taxes | € 76,760 | € 526,673 | € 425,251 | € 271,707 | ▼ 36% |
| Equity | € 663,868 | € 840,541 | € 932,192 | € 926,810 | ▼ 1% |
| Total debts | € 1,106,325 | € 1,945,250 | € 2,026,226 | € 2,679,395 | ▲ 32% |
| Cash | € 414,393 | € 938,026 | € 784,224 | € 401,510 | ▼ 49% |
| Land & buildings | € 410,592 | € 388,002 | € 358,850 | € 335,254 | ▼ 7% |
| Retained profit | € 645,268 | € 821,941 | € 913,592 | € 908,210 | ▼ 1% |
| Dividend | € 0 | € 350,000 | € 333,600 | € 277,089 | ▼ 17% |
| Bank debt | € 650,820 | € 948,903 | € 1,055,030 | € 1,626,480 | ▲ 54% |
| Balance sheet total | € 1,770,193 | € 2,785,791 | € 2,958,418 | € 3,606,205 | ▲ 22% |
| Employees (FTE) | 47.5 | 63.4 | 76.7 | 121.3 | ▲ 44.6 |
Key figures of M&M De Waele, 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&M De Waele?
What happened at M&M De Waele in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Lochristi. KBO
- New establishment in Brugge. KBO
- New annual accounts for financial year 2025: profit of € 271,707 (▼ 36% vs 2024). Source: NBB ↗
- TDW BV became a director. NBB
- New establishment in Zelzate. KBO
- Start of the company according to the CBE. KBO
In short
From € 76,760 profit in 2022 to € 271,707 profit in 2025.
Paid € 249,735 in corporate taxes since 2022.
Best year ever: 2023, with € 526,673 profit.
On average € 45,200 of value added per employee in 2025.
Management
Behind M&M De Waele is TDW BV. The shares are held by Thierry De Waele. It owns 100% of Rent Travel Service itself.
Directors
According to the 2025 annual accounts
since 2022
Shareholders
Thierry De Waele
Participations
100%
Establishments
Establishment units
Physical locations of this company
Walderdonk 91A
9185 Lochristi
Onteigeningsstraat 2/B000
9060 Zelzate
Active since 17 December 2003
Kustlaan 252
8380 Brugge
Active since 1 June 2026
Walderdonk 91 box A
9185 Lochristi
Active since 1 August 2026
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE - Google LLC, US
Website info
Features
Security
Details
- Company number
- 0862.242.007
- VAT number
- BE 0862.242.007
- Registered office
- Walderdonk 91A, 9185 Lochristi
- Names & denominations
- M&M De Waele
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 2003
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- taxi-dewaele.be
- Activities · NACE
Patiëntenvervoer per ambulance
Diensten voor personenvervoer op aanvraag per voertuig met chauffeur
Exploitatie van taxi's
Ziekenvervoer
Goederenvervoer over de weg