Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MAES INDUSTRIELE VERLICHTING from Zandhoven, company number BE0440442950, closed financial year 2025 with a result of € 54,779 after tax. For that financial year MAES INDUSTRIELE VERLICHTING recorded a gross margin of € 995,953 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 24,139 to € 54,779. Profitable, and profit is growing. 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 July 16, 2026.
€ 1.1 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 54,779
▲ 127% vs 2024
Profit after tax over the fiscal year.
€ 167,102
▲ € 135,144 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 € 845,869.
People and assets in 2025
13.2
▼ 5.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 893,279
▼ 31% vs 2024
€ 67,700 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.
€ 48,185
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 619,864
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 127,021
▼ 45% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,374,807 | € 1,362,953 | € 1,362,919 | € 995,953 | ▼ 27% |
| Profit after taxes | € 145,479 | € 84,057 | € 24,139 | € 54,779 | ▲ 127% |
| Equity | € 1,001,000 | € 1,015,057 | € 1,039,197 | € 1,093,976 | ▲ 5% |
| Total debts | € 1,234,441 | € 1,053,737 | € 1,050,975 | € 746,976 | ▼ 29% |
| Cash | € 583,131 | € 187,205 | € 31,958 | € 167,102 | ▲ € 135,144 |
| Retained profit | € 752,894 | € 766,951 | € 791,090 | € 845,869 | ▲ 7% |
| Dividend | € 150,000 | € 70,000 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 18,467 | € 0 | ▼ 100% |
| Balance sheet total | € 2,235,442 | € 2,068,794 | € 2,090,172 | € 1,840,952 | ▼ 12% |
| Employees (FTE) | 18.1 | 16.3 | 18.3 | 13.2 | ▼ 5.1 |
Key figures of MAES INDUSTRIELE VERLICHTING, 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 MAES INDUSTRIELE VERLICHTING?
What happened at MAES INDUSTRIELE VERLICHTING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Caroline Nicolaï stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 54,779 (▲ 127% vs 2024). Source: NBB ↗
- Lars Franken became a director. NBB
- Caroline Nicolaï became a director. NBB
- New establishment in Zandhoven. KBO
- Start of the company according to the CBE. KBO
In short
From € 145,479 profit in 2022 to € 54,779 profit in 2025.
Paid € 137,877 in corporate taxes since 2022.
Best year ever: 2022, with € 145,479 profit.
On average € 75,500 of value added per employee in 2025.
A new publication or filing at MAES INDUSTRIELE VERLICHTING? We notify you, reason included.
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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
The stake of GREET MAES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAES INDUSTRIELE VERLICHTINGBehind MAES INDUSTRIELE VERLICHTING are Lars Franken, Greet Maes BV and Geert Van Staeyen. The shares are held by GREET MAES (100%).
Directors
According to the 2025 annual accounts
since 2023
Managing director · represented by Greet Maes
Also active at: N.V.MAES, GARAGE DE CNODDER, TRAFFIC SIGNS, MAES ELEKTRO NV, Maes International N.V., MONTACO, MAES LOGISTICS, Maes Rent & Sale +1 more
Geert Van Staeyen
Managing director
Also active at: TRAFFIC SIGNS, GREET MAES, MAES HOOGWERKERS, MONTACO, MAVASTA, TRANS ELEKTRO
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Boudewijnlaan 5
2243 Zandhoven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →GARAGE DE CNODDER same network
€ 514,552 gross margin · 2025
Ludo Lysen
€ 56,621 gross margin · 2025
ACCESS PLATFORMS
€ 276,453 gross margin · 2025
Maes Rijplaten same network
€ 41,336 gross margin · 2025
Maes International N.V. same network
€ 620,296 gross margin · 2025
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
A2HOSTING - A2 Hosting, Inc., US
Website info
Features
Security
Details
- Company number
- 0440.442.950
- VAT number
- BE 0440.442.950
- Registered office
- Boudewijnlaan 5, 2243 Zandhoven
- Names & denominations
- MAES INDUSTRIELE VERLICHTING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 1990
- Peppol
- Active · Active since 23 Dec 2025
- Contact
- maesiv.be
- Activities · NACE
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