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 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAVEGO from Wervik, company number BE0443834485, closed financial year 2025 with a result of € 70,651 after tax. For that financial year MAVEGO recorded a gross margin of € 121,776 and equity of € 830,611. Compared with financial year 2024, the result moved from € 402 to € 70,651. 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 17, 2026.
€ 830,611
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 70,651
▲ € 70,250 vs 2024
Profit after tax over the fiscal year.
€ 1,408
▼ 99% 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 € 347,190.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 12,834
▲ € 12,694 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 38,915
▲ € 35,323 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 | € 359,693 | € 252,189 | € 15,781 | € 121,776 | ▲ € 105,995 |
| Profit after taxes | € 324,256 | € 161,198 | € 402 | € 70,651 | ▲ € 70,250 |
| Equity | € 598,360 | € 759,558 | € 759,960 | € 830,611 | ▲ 9% |
| Total debts | € 179,842 | € 92,560 | € 98,967 | € 85,996 | ▼ 13% |
| Cash | € 3,206 | € 135,288 | € 114,281 | € 1,408 | ▼ 99% |
| Land & buildings | € 409,695 | € 386,889 | € 364,268 | € 345,395 | ▼ 5% |
| Retained profit | € 114,939 | € 276,137 | € 276,539 | € 347,190 | ▲ 26% |
| Bank debt | € 0 | € 75,592 | € 20,748 | € 0 | ▼ 100% |
| Balance sheet total | € 791,607 | € 861,669 | € 864,621 | € 918,446 | ▲ 6% |
Key figures of MAVEGO, 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 MAVEGO?
What happened at MAVEGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 70,651 (▲ € 70,250 vs 2024). Source: NBB ↗
- New establishment in Wervik. KBO
- Start of the company according to the CBE. KBO
In short
From € 324,256 profit in 2022 to € 70,651 profit in 2025.
Paid € 134,218 in corporate taxes since 2022.
Best year ever: 2022, with € 324,256 profit.
Management
Behind MAVEGO is Marc Goemaere. Marc Goemaere is also behind WEST PROJECTS, MARC GOEMAERE PROFESSIONAL and DE LEIE OEVER.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Geluwesesteenweg 150
8940 Wervik
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
- 0443.834.485
- VAT number
- BE 0443.834.485
- Registered office
- Geluwesesteenweg 150, 8940 Wervik
- Names & denominations
- MAVEGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 1991
- Peppol
- Active · Active since 21 Jul 2025