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 36 % 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
MA - LEN from Zutendaal, company number BE0437463466, closed financial year 2025 with a result of € 151,491 after tax. For that financial year MA - LEN recorded a gross margin of € 436,845 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 397,384 to € 151,491. 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 2, 2026.
€ 1.8 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 151,491
▼ 62% vs 2024
Profit after tax over the fiscal year.
€ 65,231
▼ 81% 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 € 1.5 million.
People and assets in 2025
€ 3,617
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 14,717
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1 million
▼ 13% vs 2024
€ 724,203 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 6,279
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,270
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 264,580 | € 941,845 | € 780,279 | € 436,845 | ▼ 44% |
| Profit after taxes | € 115,072 | € 612,529 | € 397,384 | € 151,491 | ▼ 62% |
| Equity | € 636,639 | € 1,249,167 | € 1,646,552 | € 1,798,043 | ▲ 9% |
| Total debts | € 1,001,751 | € 873,552 | € 1,522,536 | € 1,254,077 | ▼ 18% |
| Cash | € 55,417 | € 869,556 | € 345,298 | € 65,231 | ▼ 81% |
| Land & buildings | € 1,503,182 | € 1,364,016 | € 3,037,333 | € 2,943,430 | ▼ 3% |
| Retained profit | € 380,639 | € 993,167 | € 1,390,552 | € 1,542,043 | ▲ 11% |
| Bank debt | € 746,500 | € 627,466 | € 1,190,349 | € 1,041,098 | ▼ 13% |
| Balance sheet total | € 1,638,390 | € 2,311,508 | € 3,498,309 | € 3,374,189 | ▼ 4% |
Key figures of MA - LEN, 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 MA - LEN?
What happened at MA - LEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Petrus Maessen stepped down as director. NBB
- Monique Lenz stepped down as director. NBB
- Evi Maessen stepped down as director. NBB
- Ine Maessen stepped down as director. NBB
- Kim Angela Maessen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 151,491 (▼ 62% vs 2024). filed late Source: NBB ↗
- Petrus Maessen became a director. NBB
- Monique Lenz became a director. NBB
In short
From € 115,072 profit in 2022 to € 151,491 profit in 2025.
Paid € 47,303 in corporate taxes since 2022.
Best year ever: 2023, with € 612,529 profit.
Management
It owns 25% of Maessen projects itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Molenblookstraat 70
3690 Zutendaal
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
- 0437.463.466
- VAT number
- BE 0437.463.466
- Registered office
- Molenblookstraat 70, 3690 Zutendaal
- Names & denominations
- MA - LEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 May 1989
- Peppol
- Not registered
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen