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 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
M-Powerment from Sint-Gillis-Waas, company number BE0878229387, closed financial year 2025 with a result of € 72,891 after tax. For that financial year M-Powerment recorded a gross margin of € 244,092 and equity of € 405,435. Compared with financial year 2024, the result moved from € 8,538 to € 72,891. 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 February 19, 2026.
€ 405,435
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 72,891
▲ € 64,353 vs 2024
Profit after tax over the fiscal year.
€ 50,990
▼ 50% 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 € 386,835.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 31,391
▲ 42% vs 2024
€ 31,400 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.
€ 59,660
▲ 219% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 236,529
▲ 26% vs 2024
€ 49,812 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 149,092
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 118,792
▲ 108% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 286,389 | € 180,311 | € 136,384 | € 244,092 | ▲ 79% |
| Profit after taxes | € 19,684 | € -6,500 | € 8,538 | € 72,891 | ▲ € 64,353 |
| Equity | € 332,505 | € 326,005 | € 332,544 | € 405,435 | ▲ 22% |
| Total debts | € 1,035,696 | € 987,683 | € 827,061 | € 705,290 | ▼ 15% |
| Cash | € 87,121 | € 153,221 | € 102,813 | € 50,990 | ▼ 50% |
| Land & buildings | € 519,407 | € 475,624 | € 440,371 | € 398,591 | ▼ 9% |
| Retained profit | € 313,905 | € 307,405 | € 313,944 | € 386,835 | ▲ 23% |
| Dividend | € 0 | € 0 | € 2,000 | € 0 | ▼ 100% |
| Bank debt | € 268,851 | € 227,501 | € 188,075 | € 236,529 | ▲ 26% |
| Balance sheet total | € 1,390,838 | € 1,329,829 | € 1,172,281 | € 1,120,233 | ▼ 4% |
| Employees (FTE) | 2 | 1.7 | 1 | 1 |
Key figures of M-Powerment, 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 M-Powerment?
What happened at M-Powerment in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 72,891 (▲ € 64,353 vs 2024). filed late Source: NBB ↗
- New establishment in Tournai. KBO
- Michael Cop became a director. NBB
- Joël Vinck became a director. NBB
- New establishment in Sint-Gillis-Waas. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,684 profit in 2022 to € 72,891 profit in 2025.
Paid € 98,588 in corporate taxes since 2022.
Best year ever: 2025, with € 72,891 profit.
On average € 244,100 of value added per employee in 2025.
A new publication or filing at M-Powerment? We notify you, reason included.
Follow M-PowermentDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Behind M-Powerment are Joël Vinck and Michael Cop. It owns 50% of Leisure Pools Noord NV itself.
Directors
According to the 2025 annual accounts
Joël Vinck
Director
since 2012
Michael Cop
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Kluizenmeersen(SGW) 12
9170 Sint-Gillis-Waas
Rue de la Terre à Briques(MAR) 22A
7522 Tournai
Active since 20 August 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0878.229.387
- VAT number
- BE 0878.229.387
- Registered office
- Kluizenmeersen(SGW) 12, 9170 Sint-Gillis-Waas
- Names & denominations
- M-Powerment
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 2005
- Peppol
- Active · Active since 8 Apr 2026
- Activities · NACE
Groothandel in andere machines en werktuigen, neg
Detailhandel in sanitaire artikelen en sanitair installatiemateriaal
Gespecialiseerde detailhandel in kantoormachines en -meubelen, computers en standaardprogrammatuur en telecommunicatieapparatuur
Groothandel in andere machines en werktuigen, n.e.g.
Samenstellen en uitzenden van televisieprogramma’s en distributie van video’s
Detailhandel in ICT-apparatuur
Overige detailhandel in nieuwe artikelen neg
Algemene elektrotechnische installatiewerken
+7