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
58 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
MAY-GROUP from Brussel, company number BE0895682459, closed financial year 2024 with a result of € -7,968 after tax. For that financial year MAY-GROUP recorded a gross margin of € 639,941 and equity of € 398,767. Compared with financial year 2023, the result moved from € 26,509 to € -7,968. The company made a loss. 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 September 19, 2025.
€ 398,767
▼ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,968
▼ still € 26,509 profit in 2023
Profit after tax over the fiscal year.
€ 89,938
▼ 41% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 380,167.
People and assets in 2024
12.7
▼ 1.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 567,105
▼ 8% vs 2023
€ 44,700 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.
Debts at end 2024
€ 340,206
▲ € 303,834 vs 2023
€ 30,695 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 9,518
▼ 85% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 43,228
▼ 53% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 466,008 | € 633,250 | € 706,471 | € 639,941 | ▼ 9% |
| Profit after taxes | € 17,941 | € 6,049 | € 26,509 | € -7,968 | ▼ € 34,477 |
| Equity | € 374,177 | € 380,226 | € 406,735 | € 398,767 | ▼ 2% |
| Total debts | € 245,685 | € 236,833 | € 189,919 | € 554,325 | ▲ 192% |
| Cash | € 108,916 | € 147,252 | € 151,328 | € 89,938 | ▼ 41% |
| Land & buildings | - | - | - | € 447,375 | |
| Retained profit | € 355,577 | € 361,626 | € 388,135 | € 380,167 | ▼ 2% |
| Bank debt | € 66,372 | € 66,372 | € 36,372 | € 340,206 | ▲ € 303,834 |
| Balance sheet total | € 642,361 | € 617,059 | € 596,654 | € 953,093 | ▲ 60% |
| Employees (FTE) | 13.2 | 13.1 | 14.2 | 12.7 | ▼ 1.5 |
Key figures of MAY-GROUP, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MAY-GROUP?
What happened at MAY-GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 7,968 (▼ € 34,477 vs 2023). filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Abdullah OKKUSCU became a director. NBB
- Mehmet KOYUN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 17,941 profit in 2021 to € 7,968 loss in 2024.
Paid € 197,476 in corporate taxes since 2021.
Best year ever: 2023, with € 26,509 profit.
On average € 50,400 of value added per employee in 2024.
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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 MAY-GROUP are Abdullah OKKUSCU and Mehmet KOYUN.
Directors
According to the 2024 annual accounts
Abdullah OKKUSCU
Bestuurder
since 2008
Mehmet KOYUN
Bestuurder
since 2008
Establishments
Establishment units
Physical locations of this company
Marnixlaan 23
1000 Brussel
Leopoldstraat 69
2000 Antwerpen
Active since 13 February 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 58 companies are registered at this address.
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+53 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
- 0895.682.459
- VAT number
- BE 0895.682.459
- Registered office
- Marnixlaan 23, 1000 Brussel
- Names & denominations
- MAY-GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 January 2008
- Peppol
- Active · Active since 13 Feb 2026
- Activities · NACE
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Vervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding