Financials
Financial year 2025
MAZOUT EXPRES COMPANY from Oostkamp, company number BE0873880621, closed financial year 2025 with a result of € 1 million after tax. For that financial year MAZOUT EXPRES COMPANY recorded revenue of € 81.9 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 750,010 to € 1 million. 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 January 15, 2026.
€ 3.4 million
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▲ 36% vs 2024
Profit after tax over the fiscal year.
€ 357,531
▲ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 470,000 paid out
46 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
4.1
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 274,966
▲ 25% vs 2024
€ 67,100 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.
€ 343,050
▲ 67% vs 2024
Of which on lease € 322,597.
Debts at end 2025
€ 464,759
▲ 180% vs 2024
€ 108,496 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 3.2 million
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 14 days on average.
€ 122,622
▲ 209% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 94,281,258 | € 99,084,707 | € 93,434,742 | € 81,882,208 | ▼ 12% |
| Profit after taxes | € 852,782 | € 819,025 | € 750,010 | € 1,022,238 | ▲ 36% |
| Equity | € 2,053,149 | € 2,472,174 | € 2,847,184 | € 3,399,422 | ▲ 19% |
| Total debts | € 7,928,012 | € 5,016,508 | € 4,754,679 | € 4,220,108 | ▼ 11% |
| Cash | € 196,004 | € 374,725 | € 272,506 | € 357,531 | ▲ 31% |
| Land & buildings | € 34,390 | € 29,600 | € 67,257 | € 89,062 | ▲ 32% |
| Retained profit | € 1,153,149 | € 1,572,174 | € 1,947,184 | € 2,499,422 | ▲ 28% |
| Dividend | € 390,000 | € 400,000 | € 375,000 | € 470,000 | ▲ 25% |
| Bank debt | € 485,393 | € 296,262 | € 166,048 | € 464,759 | ▲ 180% |
| Balance sheet total | € 9,985,286 | € 7,489,630 | € 7,601,863 | € 7,619,530 | |
| Employees (FTE) | 4.4 | 4.6 | 3.9 | 4.1 | ▲ 0.2 |
Key figures of MAZOUT EXPRES COMPANY, 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 MAZOUT EXPRES COMPANY?
What happened at MAZOUT EXPRES COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bram Lambert stepped down as director. NBB
- LIEVEN BUYSE BV stepped down as director. NBB
- TBL Trading Company BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1 million (▲ 36% vs 2024). Source: NBB ↗
- Bram Lambert became a director. NBB
- LIEVEN BUYSE BV became a director. NBB
- TBL Trading Company BV became a director. NBB
- New establishment in Oudenburg. KBO
In short
From € 852,782 profit in 2022 to € 1 million profit in 2025.
Paid € 611,157 in corporate taxes since 2022.
Best year ever: 2025, with € 1 million profit.
Paid out € 1.6 million in dividends to the owners in total.
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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
Directors
According to the 2025 annual accounts
since 2023 · until 2028
Director · represented by Lieven BUYSE
since 2023 · until 2028
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Legeweg 151
8020 Oostkamp
Albrecht Rodenbachstraat 39
8020 Oostkamp
Active since 1 January 2013
Vaartstraat 15
8630 Veurne
Active since 1 January 2013
Brugsesteenweg 73
8460 Oudenburg
Active since 6 November 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0873.880.621
- VAT number
- BE 0873.880.621
- Registered office
- Legeweg 151, 8020 Oostkamp
- Names & denominations
- MAZOUT EXPRES COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 May 2005
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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