Financials
Financial year 2025
MAHADEVA from Kortrijk, company number BE0439850755, closed financial year 2025 with a result of € 32,535 after tax. For that financial year MAHADEVA recorded a gross margin of € 48,423 and equity of € 208,662. Compared with financial year 2024, the result moved from € 16,478 to € 32,535. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ 208,662
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,535
▲ 97% vs 2024
Profit after tax over the fiscal year.
€ 7,124
▲ 125% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 53,045 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 2,140
▲ 78% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 42,141
▲ € 39,141 vs 2024
€ 5,724 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 8,334
▲ € 8,296 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,262
▲ 188% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -449 | € 1,553 | € 19,693 | € 48,423 | ▲ 146% |
| Profit after taxes | € 3,142 | € 4,966 | € 16,478 | € 32,535 | ▲ 97% |
| Equity | € 209,217 | € 213,553 | € 229,172 | € 208,662 | ▼ 9% |
| Total debts | € 6,296 | € 8,883 | € 9,989 | € 66,944 | ▲ € 56,955 |
| Cash | € 2,410 | € 4,494 | € 3,172 | € 7,124 | ▲ 125% |
| Retained profit | € 190,617 | € 194,953 | € 210,572 | € 190,062 | ▼ 10% |
| Dividend | € 0 | € 0 | € 859 | € 53,045 | ▲ € 52,186 |
| Bank debt | € 3,000 | € 3,000 | € 3,000 | € 42,141 | ▲ € 39,141 |
| Balance sheet total | € 215,513 | € 222,436 | € 239,160 | € 275,606 | ▲ 15% |
Key figures of MAHADEVA, 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 April 2027.
What happened to MAHADEVA?
What happened at MAHADEVA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,535 (▲ 97% vs 2024). Source: NBB ↗
- Christel Meulebroeck became a director. NBB
- New establishment in Kortrijk. KBO
- Benny Demeulenaere became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 3,142 profit in 2022 to € 32,535 profit in 2025.
Paid € 28,960 in corporate taxes since 2022.
Best year ever: 2025, with € 32,535 profit.
Paid out € 53,904 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 MAHADEVA are Christel Meulebroeck and Benny Demeulenaere.
Directors
According to the 2025 annual accounts
Christel Meulebroeck
Director
since 2024
Benny Demeulenaere
Director
since 1993
Establishments
Establishment units
Physical locations of this company
Lange Munteplein(Kor) 4
8500 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.850.755
- VAT number
- BE 0439.850.755
- Registered office
- Lange Munteplein(Kor) 4, 8500 Kortrijk
- Names & denominations
- MAHADEVA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1989
- Peppol
- Active · Active since 6 Nov 2025
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