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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Busy address KBO
26 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MBM Cogeval from Oudergem, company number BE0876743408, closed financial year 2025 with a result of € 19,567 after tax. For that financial year MBM Cogeval recorded a gross margin of € 23,785 and equity of € 64,617. Compared with financial year 2024, the result moved from € -2,462 to € 19,567. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 64,617
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,567
▲ still € 2,462 loss in 2024
Profit after tax over the fiscal year.
€ 31,103
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 34,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 800
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,235
▲ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,005
▲ € 4,010 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 | € 95,809 | € 20,619 | € -2,336 | € 23,785 | ▲ € 26,120 |
| Profit after taxes | € 27,549 | € 5,169 | € -2,462 | € 19,567 | ▲ € 22,029 |
| Equity | € 76,343 | € 81,512 | € 79,050 | € 64,617 | ▼ 18% |
| Total debts | € 41,758 | € 11,411 | € 4,141 | € 43,240 | ▲ € 39,099 |
| Cash | € 86,839 | € 49,792 | € 64,671 | € 31,103 | ▼ 52% |
| Retained profit | € 63,943 | € 69,112 | € 66,650 | € 52,217 | ▼ 22% |
| Dividend | € 18,000 | € 0 | € 0 | € 34,000 | |
| Balance sheet total | € 118,100 | € 92,922 | € 83,192 | € 107,858 | ▲ 30% |
| Employees (FTE) | 1 | 0.1 | - | - |
Key figures of MBM Cogeval, 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 MBM Cogeval?
What happened at MBM Cogeval in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,567. Source: NBB ↗
- VV FINANCE SRL became a director. NBB
- THIERRY GRAULICH became a director. NBB
- MBM GROUPE SPRL became a director. NBB
- New establishment in Oudergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,549 profit in 2022 to € 19,567 profit in 2025.
Paid € 8,391 in corporate taxes since 2022.
Best year ever: 2022, with € 27,549 profit.
On average € 95,800 of value added per employee in 2022.
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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 MBM Groupe comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MBM CogevalBehind MBM Cogeval are THIERRY GRAULICH, VV FINANCE SRL and MBM GROUPE SPRL. The shares are held by MBM Groupe (100%).
Directors
According to the 2025 annual accounts
THIERRY GRAULICH
Manager
Also active at: MBM PHARMA, MBM Groupe, KUNZEA, MBM Medical, MASTERED BUSINESS MANAGEMENT & EDITION, IMMO TEDESCO
since 2013
Director · represented by JEAN-PHILIPPE WYDOCK
Also active at: MBM PHARMA, MBM Groupe, MBM Medical
since 2024
since 2013
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tedescolaan 7
1160 Oudergem
Tedescolaan 7 box 4
1160 Oudergem
Active since 1 January 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 26 companies are registered at this address.
All companies at this address →BV GROUP
€ 36,957 gross margin · 2025
BECOVA
€ -10,483 gross margin · 2025
MBM PHARMA same network
€ 1 million gross margin · 2025
Xirius Public
€ 131,503 gross margin · 2024
AMAND & CO
€ 34,452 gross margin · 2025
+21 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
- 0876.743.408
- VAT number
- BE 0876.743.408
- Registered office
- Tedescolaan 7, 1160 Oudergem
- Names & denominations
- MBM Cogeval
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 October 2005
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants
Boekhouders
Boekhouders en boekhouders-fiscalisten
Belastingconsulenten
Accountants en belastingconsulenten