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 52 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 7.8 to 6.8.
Financials
Financial year 2025
Allg. Bauunternehmung Walter MAASSEN und Söhne from Raeren, company number BE0436189501, closed financial year 2025 with a result of € 27,778 after tax. For that financial year Allg. Bauunternehmung Walter MAASSEN und Söhne recorded a gross margin of € 453,321 and equity of € 121,155. Compared with financial year 2024, the result moved from € -51,607 to € 27,778. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.
€ 121,155
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,778
▲ still € 51,607 loss in 2024
Profit after tax over the fiscal year.
€ 72,796
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 95,708.
People and assets in 2025
6.8
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 335,783
▼ 2% vs 2024
€ 49,400 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.
€ 113,448
▼ 28% vs 2024
Of which on lease € 75,994.
Debts at end 2025
€ 90,409
▼ 43% vs 2024
€ 40,489 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 45,906
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,879
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 382,534 | € 442,056 | € 382,234 | € 453,321 | ▲ 19% |
| Profit after taxes | € 3,037 | € -8,047 | € -51,607 | € 27,778 | ▲ € 79,385 |
| Equity | € 155,442 | € 146,591 | € 94,181 | € 121,155 | ▲ 29% |
| Total debts | € 238,359 | € 398,535 | € 386,661 | € 313,138 | ▼ 19% |
| Cash | € 45,017 | € 34,364 | € 75,451 | € 72,796 | ▼ 4% |
| Land & buildings | € 157,985 | € 159,087 | € 142,594 | € 128,518 | ▼ 10% |
| Retained profit | € 127,584 | € 119,537 | € 67,930 | € 95,708 | ▲ 41% |
| Bank debt | € 49,608 | € 173,302 | € 159,283 | € 90,409 | ▼ 43% |
| Balance sheet total | € 397,492 | € 548,491 | € 483,880 | € 437,007 | ▼ 10% |
| Employees (FTE) | 8.1 | 7.8 | 7.6 | 6.8 | ▼ 0.8 |
Key figures of Allg. Bauunternehmung Walter MAASSEN und Söhne, 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 Allg. Bauunternehmung Walter MAASSEN und Söhne?
What happened at Allg. Bauunternehmung Walter MAASSEN und Söhne in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,778. Source: NBB ↗
- New establishment in Raeren. KBO
- MICHAEL MAASSEN became a director. NBB
- Jürgen Maassen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 3,037 profit in 2022 to € 27,778 profit in 2025.
Paid € 2,778 in corporate taxes since 2022.
Best year ever: 2025, with € 27,778 profit.
On average € 66,700 of value added per employee in 2025.
Management
Behind Allg. Bauunternehmung Walter MAASSEN und Söhne are MICHAEL MAASSEN and Jürgen Maassen.
Directors
According to the 2025 annual accounts
MICHAEL MAASSEN
Director
since 1988
Jürgen Maassen
Director
since 1988
Establishments
Establishment units
Physical locations of this company
Gewerbestrasse 6
4731 Raeren
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
- 0436.189.501
- VAT number
- BE 0436.189.501
- Registered office
- Gewerbestrasse 6, 4731 Raeren
- Names & denominations
- Allg. Bauunternehmung Walter MAASSEN und Söhne
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1988
- Peppol
- Active · Active since 14 Oct 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Groothandel in bouwmaterialen, algemeen assortiment
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis