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 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MARGO & CO from Veurne, company number BE0892139187, closed financial year 2025 with a result of € 34,373 after tax. For that financial year MARGO & CO recorded a gross margin of € 80,953 and equity of € 87,452. Compared with financial year 2024, the result moved from € 8,623 to € 34,373. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 7, 2026.
€ 87,452
▲ 65% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,373
▲ 299% vs 2024
Profit after tax over the fiscal year.
€ 27,088
▼ 38% 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 € 81,252.
People and assets in 2025
€ 1,170
▼ 94% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 20,748
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 169,858
▲ 4% vs 2024
€ 20,973 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 14,380
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,224
▲ 51% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 61,073 | € 58,536 | € 74,768 | € 80,953 | ▲ 8% |
| Profit after taxes | € 21,240 | € -15,051 | € 8,623 | € 34,373 | ▲ 299% |
| Equity | € 59,507 | € 44,456 | € 53,078 | € 87,452 | ▲ 65% |
| Total debts | € 36,659 | € 249,287 | € 285,368 | € 259,619 | ▼ 9% |
| Cash | € 68,506 | € 41,255 | € 43,360 | € 27,088 | ▼ 38% |
| Land & buildings | - | € 196,242 | € 230,889 | € 274,242 | ▲ 19% |
| Retained profit | € 53,307 | € 38,256 | € 46,878 | € 81,252 | ▲ 73% |
| Bank debt | € 0 | € 178,779 | € 163,806 | € 169,858 | ▲ 4% |
| Balance sheet total | € 96,166 | € 293,743 | € 338,446 | € 347,071 | ▲ 3% |
Key figures of MARGO & CO, 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 MARGO & CO?
What happened at MARGO & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 34,373 (▲ 299% vs 2024). Source: NBB ↗
- New establishment in Veurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,240 profit in 2022 to € 34,373 profit in 2025.
Paid € 13,978 in corporate taxes since 2022.
Best year ever: 2025, with € 34,373 profit.
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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
Behind MARGO & CO are Elias Vandenberghe, Veerle Janssens and Eddy Vermeulen.
Directors
According to the 2025 annual accounts
Elias Vandenberghe
Director
Veerle Janssens
Director
Eddy Vermeulen
Director
Establishments
Establishment units
Physical locations of this company
Statiestraat 18
8630 Veurne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Website info
Features
Details
- Company number
- 0892.139.187
- VAT number
- BE 0892.139.187
- Registered office
- Statiestraat 18, 8630 Veurne
- Names & denominations
- MARGO & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 September 2007
- Peppol
- Active · Active since 22 Oct 2024
- Activities · NACE
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