Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 18.1 to 15.4.
Financials
Financial year 2025
MKM WORKS from Kinrooi, company number BE0893518369, closed financial year 2025 with a result of € 1,038 after tax. For that financial year MKM WORKS recorded a gross margin of € 848,413 and equity of € 188,859. Compared with financial year 2024, the result moved from € 14,566 to € 1,038. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 25, 2026.
€ 188,859
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,038
▼ 93% vs 2024
Profit after tax over the fiscal year.
€ 262,472
▼ 30% 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 € 163,859.
People and assets in 2025
15.4
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 822,219
▲ 11% vs 2024
€ 53,400 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.
€ 5,856
▲ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 80,000
▼ 61% vs 2024
Loans from banks and other lenders, long and short.
€ 2.4 million
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 59,197
▲ 110% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 770,583 | € 812,349 | € 789,703 | € 848,413 | ▲ 7% |
| Profit after taxes | € 12,927 | € 15,902 | € 14,566 | € 1,038 | ▼ 93% |
| Equity | € 157,353 | € 173,254 | € 187,820 | € 188,859 | ▲ 1% |
| Total debts | € 2,162,198 | € 2,665,424 | € 2,559,301 | € 2,541,343 | ▼ 1% |
| Cash | € 56,449 | € 163,370 | € 373,685 | € 262,472 | ▼ 30% |
| Land & buildings | - | - | € 10,842 | € 9,637 | ▼ 11% |
| Retained profit | € 132,353 | € 148,254 | € 162,820 | € 163,859 | ▲ 1% |
| Bank debt | € 145,000 | € 224,805 | € 204,805 | € 80,000 | ▼ 61% |
| Balance sheet total | € 2,375,936 | € 2,895,064 | € 2,803,506 | € 2,786,587 | ▼ 1% |
| Employees (FTE) | 15.5 | 18.1 | 16.7 | 15.4 | ▼ 1.3 |
Key figures of MKM WORKS, 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 MKM WORKS?
What happened at MKM WORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,038 (▼ 93% vs 2024). filed late Source: NBB ↗
- New establishment in Kinrooi. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,927 profit in 2022 to € 1,038 profit in 2025.
Paid € 24,472 in corporate taxes since 2022.
Best year ever: 2023, with € 15,902 profit.
On average € 55,100 of value added per employee in 2025.
A new publication or filing at MKM WORKS? We notify you, reason included.
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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
VITAL KIGGEN
Director
Establishments
Establishment units
Physical locations of this company
Leuerbroek (Oph) 1056
3640 Kinrooi
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
- 0893.518.369
- VAT number
- BE 0893.518.369
- Registered office
- Leuerbroek (Oph) 1056, 3640 Kinrooi
- Names & denominations
- MKM WORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 November 2007
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
Verspanend bewerken van metalen
Algemene metaalbewerking
Vervaardiging van metalen constructiewerken en delen daarvan
Goederenvervoer over de weg