Financials
Financial year 2025
Grondwerken Maes from Wevelgem, company number BE0417791074, closed financial year 2025 with a result of € 35,561 after tax. For that financial year Grondwerken Maes recorded a gross margin of € 665,350 and equity of € 802,407. Compared with financial year 2024, the result moved from € 41,980 to € 35,561. The company is profitable. 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 July 27, 2026.
€ 802,407
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 35,561
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 150,487
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 59,785 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
5.8
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 370,713
▼ 1% vs 2024
€ 63,900 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.
€ 205,818
▼ 17% vs 2024
Of which on lease € 179,242.
Debts at end 2025
€ 274,112
▼ 34% vs 2024
€ 114,731 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 67,395
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,093
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 532,736 | € 477,192 | € 646,140 | € 665,350 | ▲ 3% |
| Profit after taxes | € -65,004 | € -118,828 | € 41,980 | € 35,561 | ▼ 15% |
| Equity | € 906,616 | € 785,788 | € 826,769 | € 802,407 | ▼ 3% |
| Total debts | € 768,873 | € 725,300 | € 672,718 | € 594,659 | ▼ 12% |
| Cash | € 116,548 | € 78,533 | € 187,209 | € 150,487 | ▼ 20% |
| Land & buildings | € 429,899 | € 381,626 | € 327,008 | € 274,700 | ▼ 16% |
| Retained profit | € 828,302 | € 709,474 | € 751,455 | € 728,007 | ▼ 3% |
| Dividend | € 0 | € 0 | € 0 | € 59,785 | |
| Bank debt | € 577,766 | € 478,415 | € 417,287 | € 274,112 | ▼ 34% |
| Balance sheet total | € 1,700,900 | € 1,537,080 | € 1,531,761 | € 1,430,493 | ▼ 7% |
| Employees (FTE) | 5.3 | 5.1 | 5.9 | 5.8 | ▼ 0.1 |
Key figures of Grondwerken 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 Grondwerken Maes?
What happened at Grondwerken Maes in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 35,561 (▼ 15% vs 2024). Source: NBB ↗
- New establishment in Wevelgem. KBO
- Danny Maes & Vanneste Hilde became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,005 loss in 2022 to € 35,561 profit in 2025.
Paid € 8,586 in corporate taxes since 2022.
Best year ever: 2024, with € 41,980 profit.
On average € 114,700 of value added per employee in 2025.
Management
Behind Grondwerken Maes is Danny Maes & Vanneste Hilde.
Directors
According to the 2025 annual accounts
Danny Maes & Vanneste Hilde
Director
since 1985
Establishments
Establishment units
Physical locations of this company
Vrijstraat 92
8560 Wevelgem
Nijverheidslaan 13
8560 Wevelgem
Active since 1 October 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
XENIUS, BE
Website info
Features
Security
Details
- Company number
- 0417.791.074
- VAT number
- BE 0417.791.074
- Registered office
- Vrijstraat 92, 8560 Wevelgem
- Names & denominations
- Grondwerken Maes
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1977
- Peppol
- Active · Active since 23 Jan 2024
- Contact
- maesgrondwerken.be [email protected]
- Activities · NACE
Grondverzet
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