MAFAR is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 17 June 1983, 2 establishments.

What is the address of MAFAR?

The registered office of MAFAR is located at Louizalaan 143 box 4, 1050 Elsene.

Is MAFAR still active?

Yes. According to the CBE (29 October 2026) MAFAR is active, legal situation “Normale toestand”, started on 17 June 1983.

Is MAFAR registered on Peppol?

Yes, MAFAR is registered on the Peppol network with ID 0208:0424509414.

What is the enterprise number of MAFAR?

The enterprise number of MAFAR is BE0424509414.

When was MAFAR founded?

MAFAR was founded on 17 June 1983.

Who are the directors of MAFAR?

According to the 2025 annual accounts, the directors of MAFAR are: Marc ROELANDT.

Is MAFAR a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 17 June 1983; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did MAFAR make in 2025?

MAFAR posted a profit after taxes of € 60,164 in financial year 2025.

What is the revenue of MAFAR?

As a small company, MAFAR is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -40,069.

How many employees does MAFAR have?

According to the 2025 annual accounts, MAFAR has 0 full-time equivalents (FTE).

MAFAR (Public Limited) - Elsene - BE0424509414

Dossier MAFAR, printed on 29 October 2026 from databakkes.be/en/0424509414/mafar. 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.

Tight liquidity NBB

Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

41 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

MAFAR from Elsene, company number BE0424509414, closed financial year 2025 with a result of € 60,164 after tax. For that financial year MAFAR recorded a gross margin of € -40,069 and equity of € 4.4 million. Compared with financial year 2024, the result moved from € -145,292 to € 60,164. 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 27, 2026.

What it is worth Growing

€ 4.4 million

▲ 1% vs 2024

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

Profit Growing

€ 60,164

▲ still € 145,292 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 99,049

▼ 14% 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 € 3.8 million.

People and assets in 2025

Full-time equivalents

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

Vehicles and equipment

€ 24,931

▼ 42% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 13,696

▼ 91% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -166,329 Gross margin 2022: € -166,329 First fiscal year in the series	€ 868,167 Gross margin 2023: € 868,167 ▲ € 1 million vs 2022 (€ -166,329) Favourable step	€ -203,889 Gross margin 2024: € -203,889 ▼ € 1.1 million vs 2023 (€ 868,167) Unfavourable step	€ -40,069 Gross margin 2025: € -40,069 ▲ € 163,820 vs 2024 (€ -203,889) Favourable step	▲ € 163,820
Profit after taxes	€ -356,287 Profit after taxes 2022: € -356,287 First fiscal year in the series	€ 393,283 Profit after taxes 2023: € 393,283 ▲ € 749,570 vs 2022 (€ -356,287) Favourable step	€ -145,292 Profit after taxes 2024: € -145,292 ▼ € 538,575 vs 2023 (€ 393,283) Unfavourable step	€ 60,164 Profit after taxes 2025: € 60,164 ▲ € 205,456 vs 2024 (€ -145,292) Favourable step	▲ € 205,456
Equity	€ 4,119,775 Equity 2022: € 4,119,775 First fiscal year in the series	€ 4,513,058 Equity 2023: € 4,513,058 ▲ 10% vs 2022 (€ 4,119,775) Favourable step	€ 4,367,766 Equity 2024: € 4,367,766 ▼ 3% vs 2023 (€ 4,513,058) Unfavourable step	€ 4,427,930 Equity 2025: € 4,427,930 ▲ 1% vs 2024 (€ 4,367,766) Favourable step	▲ 1%
Total debts	€ 329,151 Total debts 2022: € 329,151 First fiscal year in the series	€ 235,397 Total debts 2023: € 235,397 ▼ 28% vs 2022 (€ 329,151) Favourable step	€ 292,477 Total debts 2024: € 292,477 ▲ 24% vs 2023 (€ 235,397) Unfavourable step	€ 419,715 Total debts 2025: € 419,715 ▲ 44% vs 2024 (€ 292,477) Unfavourable step	▲ 44%
Cash	€ 739,111 Cash 2022: € 739,111 First fiscal year in the series	€ 109,794 Cash 2023: € 109,794 ▼ 85% vs 2022 (€ 739,111) Unfavourable step	€ 115,303 Cash 2024: € 115,303 ▲ 5% vs 2023 (€ 109,794) Favourable step	€ 99,049 Cash 2025: € 99,049 ▼ 14% vs 2024 (€ 115,303) Unfavourable step	▼ 14%
Land & buildings	€ 2,208,778 Land & buildings 2022: € 2,208,778 First fiscal year in the series	€ 33,776 Land & buildings 2023: € 33,776 ▼ 98% vs 2022 (€ 2,208,778) Unchanged	€ 172,802 Land & buildings 2024: € 172,802 ▲ € 139,026 vs 2023 (€ 33,776) Unchanged	€ 157,393 Land & buildings 2025: € 157,393 ▼ 9% vs 2024 (€ 172,802) Unchanged	▼ 9%
Retained profit	€ 3,509,775 Retained profit 2022: € 3,509,775 First fiscal year in the series	€ 3,903,058 Retained profit 2023: € 3,903,058 ▲ 11% vs 2022 (€ 3,509,775) Favourable step	€ 3,757,766 Retained profit 2024: € 3,757,766 ▼ 4% vs 2023 (€ 3,903,058) Unfavourable step	€ 3,817,930 Retained profit 2025: € 3,817,930 ▲ 2% vs 2024 (€ 3,757,766) Favourable step	▲ 2%
Balance sheet total	€ 4,579,064 Balance sheet total 2022: € 4,579,064 First fiscal year in the series	€ 5,192,615 Balance sheet total 2023: € 5,192,615 ▲ 13% vs 2022 (€ 4,579,064) Unchanged	€ 5,104,403 Balance sheet total 2024: € 5,104,403 ▼ 2% vs 2023 (€ 5,192,615) Unchanged	€ 5,291,805 Balance sheet total 2025: € 5,291,805 ▲ 4% vs 2024 (€ 5,104,403) Unchanged	▲ 4%

Key figures of MAFAR, 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 MAFAR?

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

Aug 27, 2026 New annual accounts for financial year 2025: profit of € 60,164. filed late Source: NBB ↗
2020 Marc ROELANDT became a director. NBB
Dec 19, 1990 New establishment in Brussel. KBO
Sep 1, 1983 New establishment in Antwerpen. KBO
Jun 17, 1983 Start of the company according to the CBE. KBO

In short

From € 356,287 loss in 2022 to € 60,164 profit in 2025.

Paid € 219,049 in corporate taxes since 2022.

Best year ever: 2023, with € 393,283 profit.

Original PDFs at the National Bank ↗

Management

Marc ROELANDT

MAFAR

Behind MAFAR is Marc ROELANDT.

Directors

According to the 2025 annual accounts

Marc ROELANDT

Managing director

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 143 box 4

1050 Elsene

2.022.828.397

Helenalei 19

2018 Antwerpen

Active since 1 September 1983

2.129.793.564

Franklin Rooseveltlaan 49

1050 Brussel

Active since 19 December 1990

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 41 companies are registered at this address.

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

Details

Company number

0424.509.414

VAT number

BE 0424.509.414

Registered office

Louizalaan 143 bus 4, 1050 Elsene

Names & denominations

MAFAR

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

17 June 1983

Peppol

Active · Active since 16 Dec 2025

Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Projectontwikkeling voor woningbouw

View on CBE Public ↗ Annual accounts (NBB) ↗

MAFAR

Warning lights

Financials

What happened to MAFAR?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions