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MK Projects

Active Private limited companyfounded 2020active for 6 yearsBevrijdingslaan 7, 3630 MaasmechelenKBO/BCE: BE 0753.495.010
MK Projects
Financial year 2025
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Annual accounts 2025

micro format, filed on 28-07-2026, 3 days before the deadline
€217,214
▲ 8.1%
€100,844
▲ 59.6%
€75,630
▲ 69.3%
€191,810
▲ 52.5%
24.8%
▲ 5.7 percentage points
1.37
▲ 0.05

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €650,000. Estimated: probably between €440,000 and €790,000.

Balance sheet

balance sheet total €731,050 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

24.8%

Higher than 26% of 35,136 companies in 2025.

1.37

Higher than 36% of 34,510 companies in 2025.

10.3%

Higher than 59% of 34,711 companies in 2025.

MK Projects Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Staff

€34,895

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, 1 person joined and 1 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 731,050553,860288,413278,92969,412
21/28 20,49929,05925,37239,0982,332
22/27 20,49929,05925,37239,0982,332
23 3,6644,4943,9853,2262,332
24 16,83524,56521,38835,871-
29/58 710,551524,801263,041239,83167,080
29 10,000----
291 10,000----
3 36,8523,41540,7879,80016,350
30/36 36,8523,41540,7879,80016,350
40/41 624,962417,925192,719172,34248,081
40 603,673411,974174,813172,10447,376
41 21,2905,95117,906238705
54/58 38,649103,26227,55455,9972,649
490/1 871991,9811,691-
Balance sheet: equity and liabilities
10/49 731,050553,860288,413278,92969,412
10/15 181,103105,47360,80556,0585,739
10/11 3,0003,0003,0003,0003,000
13 178,103102,47357,80553,0582,739
133 178,103102,47357,80553,0582,739
17/49 549,946448,386227,608222,87163,673
17 31,20549,35334,12925,06913,535
170/4 31,20549,35334,12925,06913,535
42/48 518,741399,033193,479197,80250,139
42 3,3762,857467560-
44 460,925261,307182,615163,83248,379
440/4 460,925261,307182,615163,83248,379
46 -86,335---
45 51,44045,5347,39730,4101,759
450/3 40,20822,8863,56726,5171,759
454/9 11,23222,6493,8303,893-
47/48 3,0003,0003,0003,000-
Income statement
76A 2,000----
9900 217,214200,97276,30687,6176,970
62 94,217101,17347,4425,197-
630 13,21917,90913,6987,531292
631/4 6,93015,0002,100--
640/8 1,6673,7142,7017632,303
66A 338-2,857--
9901 100,84463,1777,50874,1264,375
75/76B 350263184254
75 350263184254
65/66B 1,2421,263401387664
65 1,2421,263401387664
9903 99,95262,1777,29173,7403,766
67/77 24,32217,5092,54323,4211,027
9904 75,63044,6684,74850,3192,739
9905 75,63044,6684,74850,3192,739
Appropriation of the result
9906 75,63044,6684,74850,3192,739
691/2 75,63044,6684,74850,3192,739
6921 75,63044,6684,74850,3192,739
Social balance sheet
9087 2.72.110.2-
Hours worked1013 3,2783,4881,650250-
Document PDFPDFPDFPDFPDF

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 28-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 28-07-2026 2026-00358118 PDF
31-12-2024 micro format 31-08-2025 2025-00453918 PDF
31-12-2023 micro format 16-08-2024 2024-00348891 PDF
31-12-2022 micro format 15-01-2024 2024-00002039 PDF
31-12-2021 micro format 30-08-2022 2022-20405084 PDF

Subsidies and aid

Flemish government 2022, 1 entry, €262 awarded, €262 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€262

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
114,06381,08521,20781,6564,667
88,84962,57718,44657,8503,030
4,99721,5956,13644,2962,624
-64,61375,708-28,44353,349-
191,810125,76869,56242,02916,941
24.8%19.0%21.1%20.1%8.3%
1.371.321.361.211.34
1.301.311.151.161.01
3.044.253.743.9811.10
41.8%42.4%7.8%89.8%47.7%
10.3%8.1%1.6%18.0%3.9%
91.8764.2152.83over 1007.03

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-2022
Employees at the balance-sheet date3311
full-time2211
part-time11--
in full-time equivalents2.62.911
2.72.110.2
On a permanent contract2311
Joined13-1
Left11-0

Source: social balance sheet in the 2022 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Carrying value of the other pledged assets-€15,360---

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€4,997€21,595€6,136€44,296€2,624
€13,219€17,909€13,698€7,531€292

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on MK Projects

The operating result for 2025 is 60% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total falls from 81.0% to 75.2%. Equity and debt are higher.

Next steps

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