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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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAENHOUT from Brugge, company number BE0434581576, closed financial year 2025 with a result of € 35,115 after tax. For that financial year MAENHOUT recorded a gross margin of € 180,685 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 90,201 to € 35,115. The company is profitable. 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 February 10, 2026.
€ 1.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 35,115
▼ 61% vs 2024
Profit after tax over the fiscal year.
€ 39,906
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 32,412 paid out
92 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 382
▼ 99% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 136,951
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 204,502
▼ 20% vs 2024
€ 50,267 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 25,347
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,819
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 329,587 | € 390,542 | € 295,667 | € 180,685 | ▼ 39% |
| Profit after taxes | € 182,284 | € 228,718 | € 90,201 | € 35,115 | ▼ 61% |
| Equity | € 734,908 | € 963,626 | € 1,052,968 | € 1,055,671 | |
| Total debts | € 688,244 | € 527,577 | € 654,787 | € 575,557 | ▼ 12% |
| Cash | € 209,009 | € 92,674 | € 63,054 | € 39,906 | ▼ 37% |
| Land & buildings | € 935,570 | € 1,179,224 | € 1,277,917 | € 1,235,535 | ▼ 3% |
| Retained profit | € 367,563 | € 596,281 | € 685,623 | € 688,325 | |
| Dividend | € 98,723 | € 0 | € 859 | € 32,412 | ▲ € 31,553 |
| Bank debt | € 351,945 | € 303,346 | € 254,206 | € 204,502 | ▼ 20% |
| Balance sheet total | € 1,423,152 | € 1,491,203 | € 1,707,755 | € 1,631,227 | ▼ 4% |
Key figures of MAENHOUT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MAENHOUT?
What happened at MAENHOUT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 35,115 (▼ 61% vs 2024). filed late Source: NBB ↗
- Carla Els Pillen became a director. NBB
- Woodric CommV became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 182,284 profit in 2022 to € 35,115 profit in 2025.
Paid € 216,496 in corporate taxes since 2022.
Best year ever: 2023, with € 228,718 profit.
Paid out € 131,994 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MAENHOUT are Woodric CommV, Philippe Maenhout and Carla Els Pillen. Woodric CommV is also behind MAENHOUT CLEANMOOD and MOONWOOD.
Directors
According to the 2025 annual accounts
Director · represented by Cédric MAENHOUT
Also active at: MAENHOUT CLEANMOOD, MOONWOOD
since 2024
Philippe Maenhout
Director
Carla Els Pillen
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Oostendse Steenweg 162-164
8000 Brugge
Oostendse Steenweg 162
8000 Brugge
Active since 4 July 1988
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0434.581.576
- VAT number
- BE 0434.581.576
- Registered office
- Oostendse Steenweg 162-164, 8000 Brugge
- Names & denominations
- MAENHOUT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 1988
- Peppol
- Active · Active since 19 Feb 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen