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 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Mahy Invest from Gent, company number BE0442937533, closed financial year 2025 with a result of € 13,708 after tax. For that financial year Mahy Invest recorded a gross margin of € 263,023 and equity of € 5.1 million. Compared with financial year 2024, the result moved from € 89,044 to € 13,708. 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 September 30, 2026.
€ 5.1 million
▲ € 4.8 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,708
▼ 85% vs 2024
Profit after tax over the fiscal year.
€ 153,640
▲ 12% 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 € 21,351.
People and assets in 2025
€ 20,289
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▼ 8% vs 2024
€ 67,874 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 7,802
▼ 20% vs 2024
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 | € 263,096 | € 266,713 | € 379,529 | € 263,023 | ▼ 31% |
| Profit after taxes | € 29,422 | € 56 | € 89,044 | € 13,708 | ▼ 85% |
| Equity | € 261,543 | € 261,599 | € 355,694 | € 5,127,902 | ▲ € 4.8 million |
| Total debts | € 2,500,334 | € 2,335,458 | € 2,222,993 | € 2,083,557 | ▼ 6% |
| Cash | € 85,688 | € 71,636 | € 137,153 | € 153,640 | ▲ 12% |
| Land & buildings | € 2,562,127 | € 2,426,894 | € 2,361,683 | € 6,988,417 | ▲ 196% |
| Retained profit | € -81,457 | € -81,401 | € 7,644 | € 21,351 | ▲ 179% |
| Bank debt | € 1,977,405 | € 1,823,020 | € 1,666,974 | € 1,536,339 | ▼ 8% |
| Balance sheet total | € 2,761,877 | € 2,597,057 | € 2,578,687 | € 7,211,459 | ▲ 180% |
Key figures of Mahy Invest, 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 Mahy Invest?
What happened at Mahy Invest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,708 (▼ 85% vs 2024). filed late Source: NBB ↗
- Boris Mahy became a director. NBB
- Philip Mahy became a director. NBB
- Louis Mahy became a director. NBB
- Patrick Mahy became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,422 profit in 2022 to € 13,708 profit in 2025.
Paid € 2,142 in corporate taxes since 2022.
Best year ever: 2024, with € 89,044 profit.
Management
Behind Mahy Invest are Philip Mahy, Patrick Mahy, Boris Mahy and Louis Mahy. Louis Mahy is also behind MAHY, MAHY CONSTRUCT and LPGM.
Directors
According to the 2025 annual accounts
Philip Mahy
Director
since 2010
Patrick Mahy
Director
since 2005
Boris Mahy
Director
since 2011
since 2010
Establishments
Establishment units
Physical locations of this company
Pantserschipstraat 155
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0442.937.533
- VAT number
- BE 0442.937.533
- Registered office
- Pantserschipstraat 155, 9000 Gent
- Names & denominations
- Mahy Invest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 January 1991
- Peppol
- Active · Active since 20 Mar 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen