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 4 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MAASDAL from Lanaken, company number BE0434712923, closed financial year 2025 with a result of € -41,493 after tax. For that financial year MAASDAL recorded a gross margin of € 32,618 and equity of € 202,839. Compared with financial year 2024, the result moved from € 19,952 to € -41,493. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ 202,839
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -41,493
▼ still € 19,952 profit in 2024
Profit after tax over the fiscal year.
€ 8,726
▼ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 129,389.
Debts at end 2025
€ 619,752
▲ 15% vs 2024
€ 17,370 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 11,106
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 18,744 | € 159,505 | € 89,834 | € 32,618 | ▼ 64% |
| Profit after taxes | € 9,870 | € 95,488 | € 19,952 | € -41,493 | ▼ € 61,445 |
| Equity | € 1,003,892 | € 224,380 | € 244,332 | € 202,839 | ▼ 17% |
| Total debts | € 215,431 | € 980,927 | € 649,249 | € 715,330 | ▲ 10% |
| Cash | € 1,603 | € 3,130 | € 25,286 | € 8,726 | ▼ 65% |
| Land & buildings | € 136,123 | € 124,610 | € 209,366 | € 267,081 | ▲ 28% |
| Retained profit | € 211,892 | € 150,930 | € 170,882 | € 129,389 | ▼ 24% |
| Dividend | € 0 | € 156,450 | € 0 | € 0 | |
| Bank debt | € 0 | € 705,000 | € 540,000 | € 619,752 | ▲ 15% |
| Balance sheet total | € 1,219,323 | € 1,205,307 | € 893,581 | € 918,169 | ▲ 3% |
Key figures of MAASDAL, 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 MAASDAL?
What happened at MAASDAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 41,493 (▼ € 61,445 vs 2024). filed late Source: NBB ↗
- New establishment in Lanaken. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,870 profit in 2022 to € 41,493 loss in 2025.
Paid € 48,018 in corporate taxes since 2022.
Best year ever: 2023, with € 95,488 profit.
Paid out € 156,450 in dividends to the owners in total.
Management
The stake of BOGAERTS VASTGOED comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAASDALBehind MAASDAL are Sofie Timmermans and Eric Bogaerts. The shares are held by BOGAERTS VASTGOED (99%).
Directors
According to the 2025 annual accounts
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Putstraat 32
3620 Lanaken
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
- 0434.712.923
- VAT number
- BE 0434.712.923
- Registered office
- Putstraat 32, 3620 Lanaken
- Names & denominations
- MAASDAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 1988
- Peppol
- Not registered