Equity
€85,428 ▼ 3.3%
M&N Projects paid out €67,774 in dividends. That is 105% of the 2025 profit.
M&N Projects
Lifetime
7 annual accounts with figures on one time axispeak €52,799 (2025)
€52,799▲ 55.3%
lowest -€7,662 (2020)
€64,828▲ 21.7%
peak €88,374 (2024)
€85,428▼ 3.3%
€54,075▲ 477%
Board2 names since 2019
2 directors and 1 other
Documentsfilings and deeds
27-07-20264 days before the deadline
2025micro format
Gross margin from €34,007 to €52,799Dividend €67,774Debts from €9,372 to €54,075Cash from €37,423 to €63,681
Key points
from the 2025 annual accountsTurnover
≈ €110,000 estimated
The micro format states no turnover.
Investments
€18,698 12.7 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 14.7% higher than in 2024.
Liquidity
2.51 was 9.72 in 2024
Short-term debts rose from €9,372 to €52,717.
Filings
7 annual accounts 2 late
The 2019 accounts came latest: 91 days after the end of the period.
Position in the sector
€64,828
Higher net result than 85% of companies in real estate. Sector median €5,854 · 19,790 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,969 companies had the same profile as M&N Projects has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,969 companies, not a prediction for M&N Projects. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
Director
- founderdeed of 11-02-2019
- founderdeed of 11-02-2019
Recent changes
Change of role: , from manager to director
Appointment: (director) · “De uitoefening voor rekening van derden van de activiteit van vastgoedmakelaar,zijnde activiteiten van…” (deed in Dutch) · Director discharge: (manager) · General meeting of 27-11-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0719944985
Incorporation
Founding capital of €18,600 · Founders: and · 5 shares · Appointment: (manager) · published on 11-02-2019 · Gazette deed
First establishment
Amandinaweg 125, Herk-de-Stad
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| M&N Projects Herk-de-Stad | €139,503 | €52,799 | 61.2% | - |
| immovadis Bilzen-Hoeselt | €123,706 | €47,176 | -2.7% | - |
| Groep Dausi Pelt | €160,336 | €65,146 | 87.8% | - |
| W & W CLE Nivelles | €140,576 | €48,699 | 13.2% | - |
| CITY GLOBAL REAL ESTATE Grimbergen | €159,596 | €55,111 | 50.6% | - |
| DLM Consulting Mol | €133,724 | €57,991 | 7.5% | - |
| Immo Arnou Deinze | €137,799 | €55,672 | 46.6% | - |
These companies have the same main activity as M&N Projects: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €124,000 and €160,000, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 07-02-2019Normal situation
- Activity
- Real estate agency activitiesNACE 68310and 1 other
- Establishment unit
- 2.287.228.2273540 Herk-de-Stad, since 07-02-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 30-10-2023
Annual accounts 2025
- €139,503▲ 42.7%
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Insights on M&N Projects
M&N Projects files the micro format. That format states no turnover. The gross margin rose from €21,239 in 2019 to €52,799 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about M&N Projects
- What is the company number of M&N Projects?
- The company number of M&N Projects is 0719.944.985. The VAT number is the same number with BE in front: BE 0719.944.985.
- Where is M&N Projects based?
- The registered office is at Amandinaweg 125, 3540 Herk-de-Stad.Company details
- What does M&N Projects do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of M&N Projects?
- M&N Projects is a private limited company (BV).
- When was M&N Projects founded?
- M&N Projects was founded on 07-02-2019.
- Is M&N Projects still active?
- Yes, M&N Projects is an active enterprise in the KBO register.
- What is the turnover of M&N Projects?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €52,799 and 32 comparable companies (NACE 683). It probably lies between €72,000 and €150,000.Financials
- Is M&N Projects profitable?
- In financial year 2025, M&N Projects made a profit of €64,828.
- Where can I find the annual accounts of M&N Projects?
- M&N Projects filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of M&N Projects due?
- M&N Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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