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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MKO IMMO from Herstal, company number BE1010390404, closed financial year 2025 with a result of € -42,637 after tax. For that financial year MKO IMMO recorded a gross margin of € 86,029 and equity of € -134,678. Compared with financial year 2024, the result moved from € -112,041 to € -42,637. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ -134,678
▼ € 42,637 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -42,637
▲ 62 % less loss than in 2024
Profit after tax over the fiscal year.
€ 18,995
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -154,678.
People and assets in 2025
€ 3,139
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 20,443
▼ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▲ 19% vs 2024
€ 42,724 is repaid this year. At this pace the long-term loan is gone in ≈ 28 years.
€ 38,161
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 12,366 | € 86,029 | ▲ € 73,663 |
| Profit after taxes | € -112,041 | € -42,637 | ▲ € 69,403 |
| Equity | € -92,041 | € -134,678 | ▼ € 42,637 |
| Total debts | € 1,079,255 | € 1,250,004 | ▲ 16% |
| Cash | € 25,645 | € 18,995 | ▼ 26% |
| Land & buildings | € 896,512 | € 1,056,480 | ▲ 18% |
| Retained profit | € -112,041 | € -154,678 | ▼ € 42,637 |
| Bank debt | € 1,020,000 | € 1,209,678 | ▲ 19% |
| Balance sheet total | € 987,215 | € 1,115,326 | ▲ 13% |
Key figures of MKO IMMO, fiscal years 2024 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 MKO IMMO?
What happened at MKO IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 42,637. Source: NBB ↗
- New establishment in Herstal. KBO
- YUSUF OZKAN became a director. NBB
- MICHAEL OZKAN became a director. NBB
- KERIM OZKAN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 112,041 loss in 2024 to € 42,637 loss in 2025.
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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 MKO IMMO are YUSUF OZKAN, MICHAEL OZKAN and KERIM OZKAN. YUSUF OZKAN is also behind ART ET HAUTEUR. KERIM OZKAN is also behind KERIM IMMO.
Directors
According to the 2025 annual accounts
since 2024
MICHAEL OZKAN
Director
since 2024
since 2024
Establishments
Establishment units
Physical locations of this company
Parc Ind. des Hauts Sarts, 4e av 2
4040 Herstal
Parc Ind. des Hauts Sarts, 4e av 2 box D
4040 Herstal
Active since 17 September 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 1010.390.404
- VAT number
- BE 1010.390.404
- Registered office
- Parc Ind. des Hauts Sarts, 4e av 2, 4040 Herstal
- Names & denominations
- MKO IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 2024
- Peppol
- Active · Active since 9 Jul 2024
- Activities · NACE
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