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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 4.7 to 3.4.
Financials
Financial year 2025
ENTREPRISE DE MENUISERIE MAHIEU from Chièvres, company number BE0421042653, closed financial year 2025 with a result of € -12,386 after tax. For that financial year ENTREPRISE DE MENUISERIE MAHIEU recorded a gross margin of € 160,051 and equity of € 712,936. Compared with financial year 2024, the result moved from € -7,166 to € -12,386. The company made a loss. The buffer shrank hard: equity is 51 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 22, 2026.
€ 712,936
▼ 51% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,386
▼ 73 % more loss than in 2024
Profit after tax over the fiscal year.
€ 376,698
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 650,936.
People and assets in 2025
3.4
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 138,245
▼ 31% vs 2024
€ 40,700 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.
€ 31,582
▼ 60% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,071
▼ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 153,159
▲ € 140,545 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 404,556 | € 565,362 | € 262,034 | € 160,051 | ▼ 39% |
| Profit after taxes | € 55,877 | € 223,729 | € -7,166 | € -12,386 | ▼ € 5,220 |
| Equity | € 1,474,827 | € 1,620,872 | € 1,468,032 | € 712,936 | ▼ 51% |
| Total debts | € 364,503 | € 180,591 | € 267,534 | € 753,248 | ▲ 182% |
| Cash | € 1,092,707 | € 1,168,780 | € 479,048 | € 376,698 | ▼ 21% |
| Land & buildings | € 14,346 | € 5,239 | € 474,048 | € 474,000 | |
| Retained profit | € 1,410,962 | € 1,558,191 | € 1,406,025 | € 650,936 | ▼ 54% |
| Dividend | € 0 | € 76,500 | € 145,000 | € 742,703 | ▲ € 597,703 |
| Bank debt | € 0 | € 0 | € 58,996 | € 0 | ▼ 100% |
| Balance sheet total | € 1,840,322 | € 1,802,455 | € 1,736,557 | € 1,467,176 | ▼ 16% |
| Employees (FTE) | 6 | 4.7 | 3.9 | 3.4 | ▼ 0.5 |
Key figures of ENTREPRISE DE MENUISERIE MAHIEU, 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 ENTREPRISE DE MENUISERIE MAHIEU?
What happened at ENTREPRISE DE MENUISERIE MAHIEU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- BERNARD MAHIEU stepped down as director. NBB
- PASCAL MAHIEU stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 12,386. Source: NBB ↗
- PASCAL MAHIEU became a director. NBB
- BERNARD MAHIEU became a director. NBB
- New establishment in Chièvres. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,877 profit in 2022 to € 12,386 loss in 2025.
Paid € 124,067 in corporate taxes since 2022.
Best year ever: 2023, with € 223,729 profit.
On average € 47,100 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
BERNARD MAHIEU
Director
since 2021 · until 2028
PASCAL MAHIEU
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Rue des Ruelles 49
7950 Chièvres
Rue des Ruelles 45
7950 Chièvres
Active since 4 December 1980
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.042.653
- VAT number
- BE 0421.042.653
- Registered office
- Rue des Ruelles 49, 7950 Chièvres
- Names & denominations
- ENTREPRISE DE MENUISERIE MAHIEU
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 1980
- Peppol
- Active · Active since 13 May 2025
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof