Financials
Financial year 2025
MAES from Wortegem-Petegem, company number BE0424230785, closed financial year 2025 with a result of € 68,398 after tax. For that financial year MAES recorded a gross margin of € 180,196 and equity of € 725,539. Compared with financial year 2024, the result moved from € 22,108 to € 68,398. 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 August 31, 2026.
€ 725,539
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 68,398
▲ 209% vs 2024
Profit after tax over the fiscal year.
€ 111,105
▲ 109% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 30,000 paid out
44 % of the profit went to the shareholders, mostly to Maesterre (100 % of the shares). That is where the money ends up.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 121,573
▲ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 150,676
▼ 20% vs 2024
€ 75,753 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 37,566
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 300,962 | € 234,672 | € 125,770 | € 180,196 | ▲ 43% |
| Profit after taxes | € 167,452 | € 123,488 | € 22,108 | € 68,398 | ▲ 209% |
| Equity | € 571,544 | € 665,033 | € 687,141 | € 725,539 | ▲ 6% |
| Total debts | € 521,912 | € 419,966 | € 545,737 | € 396,433 | ▼ 27% |
| Cash | € 161,032 | € 255,521 | € 53,121 | € 111,105 | ▲ 109% |
| Land & buildings | € 322,375 | € 292,822 | € 282,616 | € 250,264 | ▼ 11% |
| Retained profit | € 500,631 | € 594,120 | € 616,228 | € 654,626 | ▲ 6% |
| Dividend | € 0 | € 30,000 | € 0 | € 30,000 | |
| Bank debt | € 280,647 | € 195,461 | € 188,826 | € 150,676 | ▼ 20% |
| Balance sheet total | € 1,093,457 | € 1,084,999 | € 1,232,878 | € 1,121,972 | ▼ 9% |
Key figures of 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 MAES?
What happened at 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 € 68,398 (▲ 209% vs 2024). filed late Source: NBB ↗
- MAESTERRE BV became a director. NBB
- New establishment in Wortegem-Petegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 167,452 profit in 2022 to € 68,398 profit in 2025.
Paid € 93,735 in corporate taxes since 2022.
Best year ever: 2022, with € 167,452 profit.
Paid out € 60,000 in dividends to the owners in total.
Management
The stake of Maesterre comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAESBehind MAES are Alain MAES, Carina DE WAELE and MAESTERRE BV. The shares are held by Maesterre (100%).
Directors
According to the 2025 annual accounts
Alain MAES
Managing director
Carina DE WAELE
Director
Director · represented by Pieter MAES
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Elsegemplein (E.) 1
9790 Wortegem-Petegem
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.
Details
- Company number
- 0424.230.785
- VAT number
- BE 0424.230.785
- Registered office
- Elsegemplein (E.) 1, 9790 Wortegem-Petegem
- Names & denominations
- MAES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 1983
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
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Fokvarkenshouderijen
Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen
Gespecialiseerde detailhandel in bloemen en planten, zaden en kunstmeststoffen
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