What does Wegeniswerken Adiel Maes do?

Wegeniswerken Adiel Maes is a road construction company in Lichtervelde. Public Limited, started on 31 October 1960, 2 establishments.

What is the address of Wegeniswerken Adiel Maes?

The registered office of Wegeniswerken Adiel Maes is located at Brugsebaan 2, 8810 Lichtervelde.

Is Wegeniswerken Adiel Maes still active?

Yes. According to the CBE (29 October 2026) Wegeniswerken Adiel Maes is active, legal situation “Normale toestand”, started on 31 October 1960.

Is Wegeniswerken Adiel Maes registered on Peppol?

Yes, Wegeniswerken Adiel Maes is registered on the Peppol network with ID 0208:0405197902.

What is the enterprise number of Wegeniswerken Adiel Maes?

The enterprise number of Wegeniswerken Adiel Maes is BE0405197902.

When was Wegeniswerken Adiel Maes founded?

Wegeniswerken Adiel Maes was founded on 31 October 1960.

Who are the directors of Wegeniswerken Adiel Maes?

According to the 2025 annual accounts, the directors of Wegeniswerken Adiel Maes are: Manon Maes, Maxim Maes, Axel Maes.

Is Wegeniswerken Adiel Maes a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 October 1960; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did Wegeniswerken Adiel Maes make in 2025?

Wegeniswerken Adiel Maes posted a profit after taxes of € 662,829 in financial year 2025.

What is the revenue of Wegeniswerken Adiel Maes?

As a small company, Wegeniswerken Adiel Maes is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,402,204.

How much does an employee at Wegeniswerken Adiel Maes earn?

The average wage cost per full-time employee at Wegeniswerken Adiel Maes was € 64,500 in 2025: staff costs of € 1 million for 15.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Wegeniswerken Adiel Maes have?

According to the 2025 annual accounts, Wegeniswerken Adiel Maes has 15.7 full-time equivalents (FTE).

Wegeniswerken Adiel Maes (Public Limited) - Lichtervelde

Dossier Wegeniswerken Adiel Maes, printed on 29 October 2026 from databakkes.be/en/0405197902/wegeniswerken-adiel-maes. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 19.8 to 15.7.

Financials

Financial year 2025

Wegeniswerken Adiel Maes from Lichtervelde, company number BE0405197902, closed financial year 2025 with a result of € 662,829 after tax. For that financial year Wegeniswerken Adiel Maes recorded a gross margin of € 2.4 million and equity of € 5.9 million. Compared with financial year 2024, the result moved from € 183,786 to € 662,829. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.

What it is worth Growing

€ 5.9 million

▲ 13% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 662,829

▲ 261% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.3 million

▲ € 1.8 million vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 5.2 million.

People and assets in 2025

Full-time equivalents

15.7

▼ 1.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1 million

▼ 12% vs 2024

€ 64,500 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.

Vehicles and equipment

€ 520,895

▲ 1% vs 2024

Of which on lease € 99,390.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 131,520

▼ 35% vs 2024

€ 67,363 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 1 million

▼ 44% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 215,855

▲ 198% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,703,147 Gross margin 2022: € 1,703,147 First fiscal year in the series	€ 1,459,233 Gross margin 2023: € 1,459,233 ▼ 14% vs 2022 (€ 1,703,147) Unfavourable step	€ 1,887,758 Gross margin 2024: € 1,887,758 ▲ 29% vs 2023 (€ 1,459,233) Favourable step	€ 2,402,204 Gross margin 2025: € 2,402,204 ▲ 27% vs 2024 (€ 1,887,758) Favourable step	▲ 27%
Profit after taxes	€ 30,796 Profit after taxes 2022: € 30,796 First fiscal year in the series	€ -335,125 Profit after taxes 2023: € -335,125 ▼ € 365,922 vs 2022 (€ 30,796) Unfavourable step	€ 183,786 Profit after taxes 2024: € 183,786 ▲ € 518,912 vs 2023 (€ -335,125) Favourable step	€ 662,829 Profit after taxes 2025: € 662,829 ▲ 261% vs 2024 (€ 183,786) Favourable step	▲ 261%
Equity	€ 5,543,161 Equity 2022: € 5,543,161 First fiscal year in the series	€ 5,208,035 Equity 2023: € 5,208,035 ▼ 6% vs 2022 (€ 5,543,161) Unfavourable step	€ 5,276,822 Equity 2024: € 5,276,822 ▲ 1% vs 2023 (€ 5,208,035) Favourable step	€ 5,939,651 Equity 2025: € 5,939,651 ▲ 13% vs 2024 (€ 5,276,822) Favourable step	▲ 13%
Total debts	€ 1,998,698 Total debts 2022: € 1,998,698 First fiscal year in the series	€ 1,926,128 Total debts 2023: € 1,926,128 ▼ 4% vs 2022 (€ 1,998,698) Favourable step	€ 2,281,950 Total debts 2024: € 2,281,950 ▲ 18% vs 2023 (€ 1,926,128) Unfavourable step	€ 1,393,487 Total debts 2025: € 1,393,487 ▼ 39% vs 2024 (€ 2,281,950) Favourable step	▼ 39%
Cash	€ 877,483 Cash 2022: € 877,483 First fiscal year in the series	€ 721,933 Cash 2023: € 721,933 ▼ 18% vs 2022 (€ 877,483) Unfavourable step	€ 493,582 Cash 2024: € 493,582 ▼ 32% vs 2023 (€ 721,933) Unfavourable step	€ 2,301,014 Cash 2025: € 2,301,014 ▲ € 1.8 million vs 2024 (€ 493,582) Favourable step	▲ € 1.8 million
Land & buildings	€ 1,145,195 Land & buildings 2022: € 1,145,195 First fiscal year in the series	€ 1,113,607 Land & buildings 2023: € 1,113,607 ▼ 3% vs 2022 (€ 1,145,195) Unchanged	€ 1,082,020 Land & buildings 2024: € 1,082,020 ▼ 3% vs 2023 (€ 1,113,607) Unchanged	€ 246,640 Land & buildings 2025: € 246,640 ▼ 77% vs 2024 (€ 1,082,020) Unchanged	▼ 77%
Retained profit	€ 4,799,161 Retained profit 2022: € 4,799,161 First fiscal year in the series	€ 4,464,035 Retained profit 2023: € 4,464,035 ▼ 7% vs 2022 (€ 4,799,161) Unfavourable step	€ 4,532,822 Retained profit 2024: € 4,532,822 ▲ 2% vs 2023 (€ 4,464,035) Favourable step	€ 5,195,651 Retained profit 2025: € 5,195,651 ▲ 15% vs 2024 (€ 4,532,822) Favourable step	▲ 15%
Dividend	€ 36,000 Dividend 2022: € 36,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 36,000) Unchanged	€ 115,000 Dividend 2024: € 115,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 115,000) Unchanged	▼ 100%
Bank debt	€ 125,000 Bank debt 2022: € 125,000 First fiscal year in the series	€ 269,359 Bank debt 2023: € 269,359 ▲ 115% vs 2022 (€ 125,000) Unfavourable step	€ 201,996 Bank debt 2024: € 201,996 ▼ 25% vs 2023 (€ 269,359) Favourable step	€ 131,520 Bank debt 2025: € 131,520 ▼ 35% vs 2024 (€ 201,996) Favourable step	▼ 35%
Balance sheet total	€ 7,541,859 Balance sheet total 2022: € 7,541,859 First fiscal year in the series	€ 7,134,163 Balance sheet total 2023: € 7,134,163 ▼ 5% vs 2022 (€ 7,541,859) Unchanged	€ 7,558,772 Balance sheet total 2024: € 7,558,772 ▲ 6% vs 2023 (€ 7,134,163) Unchanged	€ 7,333,138 Balance sheet total 2025: € 7,333,138 ▼ 3% vs 2024 (€ 7,558,772) Unchanged	▼ 3%
Employees (FTE)	20.9 Employees (FTE) 2022: 20.9 First fiscal year in the series	19.8 Employees (FTE) 2023: 19.8 ▼ 1.1 vs 2022 (20.9) Unchanged	17.5 Employees (FTE) 2024: 17.5 ▼ 2.3 vs 2023 (19.8) Unchanged	15.7 Employees (FTE) 2025: 15.7 ▼ 1.8 vs 2024 (17.5) Unchanged	▼ 1.8

Key figures of Wegeniswerken Adiel Maes, fiscal years 2022 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 Wegeniswerken Adiel Maes?

What happened at Wegeniswerken Adiel Maes in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Manon Maes stepped down as director. NBB
2027 Maxim Maes stepped down as director. NBB
2027 Axel Maes stepped down as director. NBB
Jun 22, 2026 New annual accounts for financial year 2025: profit of € 662,829 (▲ 261% vs 2024). Source: NBB ↗
Jun 18, 2026 New establishment in Zedelgem. KBO
2022 Manon Maes became a director. NBB
2021 Maxim Maes became a director. NBB
2021 Axel Maes became a director. NBB

In short

From € 30,796 profit in 2022 to € 662,829 profit in 2025.

Paid € 176,584 in corporate taxes since 2022.

Best year ever: 2025, with € 662,829 profit.

On average € 153,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Wegeniswerken Adiel Maes

Vlam Wegenbouw 100%

Scredema SA 20%

It owns 100% of Vlam Wegenbouw and 20% of Scredema SA itself.

Directors

According to the 2025 annual accounts

Manon Maes

Director

Also active at: TRANSPORT A. MAES

since 2022 · until 2028

Maxim Maes

Managing director

Also active at: TRANSPORT A. MAES

since 2021 · until 2027

Axel Maes

Managing director

Also active at: TRANSPORT A. MAES

since 2021 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Brugsebaan 2

8810 Lichtervelde

2.392.058.996

Schatting 56

8210 Zedelgem

Active since 18 June 2026

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 →

Maes Oswald

TRANSPORT A. MAES same network

€ 197,817 gross margin · 2025

Vlam Wegenbouw same network

€ 78,849 gross margin · 2025

Maes - Verhegge

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0405.197.902

VAT number

BE 0405.197.902

Registered office

Brugsebaan 2, 8810 Lichtervelde

Names & denominations

Wegeniswerken Adiel Maes

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

31 October 1960

Peppol

Active · Active since 20 Oct 2025

Activities · NACE

Bouw van autowegen en andere wegen

Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

Wegeniswerken Adiel Maes

Warning lights

Financials

What happened to Wegeniswerken Adiel Maes?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions