What is the address of MAFI?

The registered office of MAFI is located at Orbanlaan 225, 1150 Sint-Pieters-Woluwe.

Is MAFI still active?

Yes. According to the CBE (16 September 2026) MAFI is active, legal situation “Normale toestand”, started on 31 October 1989.

Is MAFI registered on Peppol?

No, MAFI is currently not registered on the Peppol network.

What is the enterprise number of MAFI?

The enterprise number of MAFI is BE0438832651.

When was MAFI founded?

MAFI was founded on 31 October 1989.

Who are the directors of MAFI?

According to the 2024 annual accounts, the directors of MAFI are: Liliane Van Bouchaute, Serge Picrit.

Is MAFI a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 October 1989; 4 annual accounts filed, latest fiscal year 2024; 2 directors known from the annual account.

How much profit did MAFI make in 2024?

MAFI recorded a loss after taxes of € 84,444 in financial year 2024.

What is the revenue of MAFI?

As a small company, MAFI is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 216,254.

MAFI (Public Limited) - Sint-Pieters-Woluwe

Dossier MAFI, printed on 16 September 2026 from databakkes.be/en/0438832651/mafi. 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.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2023 and 2024.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2024

MAFI from Sint-Pieters-Woluwe, company number BE0438832651, closed financial year 2024 with a result of € -84,444 after tax. For that financial year MAFI recorded a gross margin of € 216,254 and equity of € -727,045. Compared with financial year 2023, the result moved from € -60,384 to € -84,444. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2025.

What it is worth Caution

€ -727,045

▼ € 84,444 vs 2023

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

Loss Caution

€ -84,444

▼ 40 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 178,998

▲ 174% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -828,682.

People and assets in 2024

Vehicles and equipment

€ 2,232

▲ € 1,802 vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 55 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.5 million

▼ 2% vs 2023

€ 45,317 is repaid this year. At this pace the long-term loan is gone in ≈ 55 years.

Owed to suppliers

€ 6,263

▲ € 5,712 vs 2023

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

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Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 226,495 Gross margin 2021: € 226,495 First fiscal year in the series	€ 220,354 Gross margin 2022: € 220,354 ▼ 3% vs 2021 (€ 226,495) Unfavourable step	€ 183,015 Gross margin 2023: € 183,015 ▼ 17% vs 2022 (€ 220,354) Unfavourable step	€ 216,254 Gross margin 2024: € 216,254 ▲ 18% vs 2023 (€ 183,015) Favourable step	▲ 18%
Profit after taxes	€ -69,647 Profit after taxes 2021: € -69,647 First fiscal year in the series	€ -28,421 Profit after taxes 2022: € -28,421 ▲ € 41,226 vs 2021 (€ -69,647) Favourable step	€ -60,384 Profit after taxes 2023: € -60,384 ▼ € 31,963 vs 2022 (€ -28,421) Unfavourable step	€ -84,444 Profit after taxes 2024: € -84,444 ▼ € 24,060 vs 2023 (€ -60,384) Unfavourable step	▼ € 24,060
Equity	€ -553,796 Equity 2021: € -553,796 First fiscal year in the series	€ -582,217 Equity 2022: € -582,217 ▼ € 28,421 vs 2021 (€ -553,796) Unfavourable step	€ -642,601 Equity 2023: € -642,601 ▼ € 60,384 vs 2022 (€ -582,217) Unfavourable step	€ -727,045 Equity 2024: € -727,045 ▼ € 84,444 vs 2023 (€ -642,601) Unfavourable step	▼ € 84,444
Total debts	€ 2,864,603 Total debts 2021: € 2,864,603 First fiscal year in the series	€ 2,810,152 Total debts 2022: € 2,810,152 ▼ 2% vs 2021 (€ 2,864,603) Favourable step	€ 2,755,020 Total debts 2023: € 2,755,020 ▼ 2% vs 2022 (€ 2,810,152) Favourable step	€ 2,708,380 Total debts 2024: € 2,708,380 ▼ 2% vs 2023 (€ 2,755,020) Favourable step	▼ 2%
Cash	€ 114,921 Cash 2021: € 114,921 First fiscal year in the series	€ 113,236 Cash 2022: € 113,236 ▼ 1% vs 2021 (€ 114,921) Unfavourable step	€ 65,286 Cash 2023: € 65,286 ▼ 42% vs 2022 (€ 113,236) Unfavourable step	€ 178,998 Cash 2024: € 178,998 ▲ 174% vs 2023 (€ 65,286) Favourable step	▲ 174%
Land & buildings	€ 1,869,978 Land & buildings 2021: € 1,869,978 First fiscal year in the series	€ 1,766,848 Land & buildings 2022: € 1,766,848 ▼ 6% vs 2021 (€ 1,869,978) Unchanged	€ 1,665,446 Land & buildings 2023: € 1,665,446 ▼ 6% vs 2022 (€ 1,766,848) Unchanged	€ 1,565,059 Land & buildings 2024: € 1,565,059 ▼ 6% vs 2023 (€ 1,665,446) Unchanged	▼ 6%
Retained profit	€ -655,432 Retained profit 2021: € -655,432 First fiscal year in the series	€ -683,854 Retained profit 2022: € -683,854 ▼ € 28,421 vs 2021 (€ -655,432) Unfavourable step	€ -744,238 Retained profit 2023: € -744,238 ▼ € 60,384 vs 2022 (€ -683,854) Unfavourable step	€ -828,682 Retained profit 2024: € -828,682 ▼ € 84,444 vs 2023 (€ -744,238) Unfavourable step	▼ € 84,444
Bank debt	€ 2,638,611 Bank debt 2021: € 2,638,611 First fiscal year in the series	€ 2,590,450 Bank debt 2022: € 2,590,450 ▼ 2% vs 2021 (€ 2,638,611) Favourable step	€ 2,541,843 Bank debt 2023: € 2,541,843 ▼ 2% vs 2022 (€ 2,590,450) Favourable step	€ 2,492,616 Bank debt 2024: € 2,492,616 ▼ 2% vs 2023 (€ 2,541,843) Favourable step	▼ 2%
Balance sheet total	€ 2,310,807 Balance sheet total 2021: € 2,310,807 First fiscal year in the series	€ 2,227,935 Balance sheet total 2022: € 2,227,935 ▼ 4% vs 2021 (€ 2,310,807) Unchanged	€ 2,112,419 Balance sheet total 2023: € 2,112,419 ▼ 5% vs 2022 (€ 2,227,935) Unchanged	€ 1,981,334 Balance sheet total 2024: € 1,981,334 ▼ 6% vs 2023 (€ 2,112,419) Unchanged	▼ 6%

Key figures of MAFI, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to MAFI?

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

2030 Liliane Van Bouchaute stepped down as director. NBB
2030 Serge Picrit stepped down as director. NBB
Aug 28, 2025 New annual accounts for financial year 2024: loss of € 84,444. filed late Source: NBB ↗
2019 Liliane Van Bouchaute became a director. NBB
2019 Serge Picrit became a director. NBB
Jan 26, 1990 New establishment in Sint-Pieters-Woluwe. KBO
Oct 31, 1989 Start of the company according to the CBE. KBO

In short

From € 69,647 loss in 2021 to € 84,444 loss in 2024.

Original PDFs at the National Bank ↗

A new publication or filing at MAFI? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Directors

According to the 2024 annual accounts

Liliane Van Bouchaute

Director

since 2019 · until 2030

Serge Picrit

Director

since 2019 · until 2030

Establishments

Establishment units

Physical locations of this company

Registered office

Orbanlaan 225

1150 Sint-Pieters-Woluwe

2.046.824.417

Orbanlaan 229

1150 Sint-Pieters-Woluwe

Active since 26 January 1990

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 →

Union belge d'Aïkido

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

Details

Company number: 0438.832.651
VAT number: BE 0438.832.651
Registered office: Orbanlaan 225, 1150 Sint-Pieters-Woluwe
Names & denominations: MAFI
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 31 October 1989
Peppol: Not registered

View on CBE Public ↗ Annual accounts (NBB) ↗

MAFI