Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 5 to 3.9.
Financials
Financial year 2025
M&K from Dendermonde, company number BE0870496311, closed financial year 2025 with a result of € 655,184 after tax. For that financial year M&K recorded a gross margin of € 2.2 million and equity of € 13.7 million. Compared with financial year 2024, the result moved from € 482,759 to € 655,184. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 13.7 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 655,184
▲ 36% vs 2024
Profit after tax over the fiscal year.
€ 472,041
▲ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 6.3 million.
People and assets in 2025
3.9
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 237,054
▼ 6% vs 2024
€ 60,800 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.
€ 120,533
▲ 216% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.5 million
▲ 137% vs 2024
Loans from banks and other lenders, long and short.
€ 176,128
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 174,647
▲ 199% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,394,768 | € 1,694,955 | € 1,711,195 | € 2,205,108 | ▲ 29% |
| Profit after taxes | € 366,600 | € 489,412 | € 482,759 | € 655,184 | ▲ 36% |
| Equity | € 12,067,821 | € 12,557,233 | € 13,039,991 | € 13,695,175 | ▲ 5% |
| Total debts | € 4,276,605 | € 4,931,969 | € 4,868,911 | € 5,751,882 | ▲ 18% |
| Cash | € 1,125,896 | € 677,832 | € 351,138 | € 472,041 | ▲ 34% |
| Land & buildings | € 12,076,398 | € 13,732,713 | € 14,102,508 | € 16,590,654 | ▲ 18% |
| Retained profit | € 4,694,821 | € 5,184,233 | € 5,666,991 | € 6,322,175 | ▲ 12% |
| Bank debt | € 1,242,670 | € 1,462,670 | € 1,462,670 | € 3,462,670 | ▲ 137% |
| Balance sheet total | € 17,089,949 | € 18,204,663 | € 18,594,185 | € 20,547,057 | ▲ 11% |
| Employees (FTE) | 5 | 5 | 4.2 | 3.9 | ▼ 0.3 |
Key figures of M&K, 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 April 2027.
What happened to M&K?
What happened at M&K in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Augusta Cool stepped down as director. NBB
- Kristiaan De Kimpe stepped down as director. NBB
- Marc De Kimpe stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 655,184 (▲ 36% vs 2024). Source: NBB ↗
- Augusta Cool became a director. NBB
- Kristiaan De Kimpe became a director. NBB
- Marc De Kimpe became a director. NBB
- New establishment in Waasmunster. KBO
In short
From € 366,600 profit in 2022 to € 655,184 profit in 2025.
Paid € 716,281 in corporate taxes since 2022.
Best year ever: 2025, with € 655,184 profit.
On average € 565,400 of value added per employee in 2025.
Management
It owns 50% of D.R. Fresh NV itself.
Directors
According to the 2025 annual accounts
since 2026 · until 2031
since 2026 · until 2031
since 2026 · until 2031
Establishments
Establishment units
Physical locations of this company
Hofstraat 176
9200 Dendermonde
Veldstraat 32 box 7
9250 Waasmunster
Active since 1 December 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →KIMCO same network
€ 53.8 million revenue · 2025
KIMCO INVEST same network
€ 2.8 million gross margin · 2025
DE KIMPE-COOL same network
€ 3.3 million revenue · 2025
GROEP DE KIMPE-COOL
MACO
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0870.496.311
- VAT number
- BE 0870.496.311
- Registered office
- Hofstraat 176, 9200 Dendermonde
- Names & denominations
- M&K
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 2004
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Holdings
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Overige zakelijke dienstverlening, neg
Handel in eigen onroerend goed
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Handel in onroerend goed
+1