MAHA is a property company in Elsene. Public Limited, started on 2 September 1991, 1 establishment.

What is the address of MAHA?

The registered office of MAHA is located at Boondaalse Steenweg 425, 1050 Elsene.

Is MAHA still active?

Yes. According to the CBE (1 October 2026) MAHA is active, legal situation “Normale toestand”, started on 2 September 1991.

Is MAHA registered on Peppol?

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

What is the enterprise number of MAHA?

The enterprise number of MAHA is BE0445047084.

When was MAHA founded?

MAHA was founded on 2 September 1991.

Who are the directors of MAHA?

According to the 2025 annual accounts, the directors of MAHA are: MOHAMMED AWAD, MARIAM ZEITOUN, MOUNA AWAD.

Is MAHA a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 September 1991; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did MAHA make in 2025?

MAHA posted a profit after taxes of € 17,353 in financial year 2025.

What is the revenue of MAHA?

As a small company, MAHA is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 172,047.

MAHA (Public Limited) - Elsene - BE0445047084

Dossier MAHA, printed on 1 October 2026 from databakkes.be/en/0445047084/maha. 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.

Tight liquidity NBB

Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Not on Peppol Peppol

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

Financials

Financial year 2025

MAHA from Elsene, company number BE0445047084, closed financial year 2025 with a result of € 17,353 after tax. For that financial year MAHA recorded a gross margin of € 172,047 and equity of € 776,443. Compared with financial year 2024, the result moved from € 185,050 to € 17,353. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 5, 2026.

What it is worth Growing

€ 776,443

▲ 2% vs 2024

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

Profit Healthy

€ 17,353

▼ 91% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 433,601

▼ 45% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 713,943.

People and assets in 2025

Vehicles and equipment

€ 86,214

▼ 23% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 9 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.

€ 169,101

▼ 9% vs 2024

€ 19,583 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 48

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

Taxes

€ 13,592

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 8,900 Revenue 2022: € 8,900 First fiscal year in the series	€ 17,087 Revenue 2023: € 17,087 ▲ 92% vs 2022 (€ 8,900) Favourable step	€ 252,746 Revenue 2024: € 252,746 ▲ € 235,659 vs 2023 (€ 17,087) Favourable step	-
Gross margin	€ 268,020 Gross margin 2022: € 268,020 First fiscal year in the series	€ 299,404 Gross margin 2023: € 299,404 ▲ 12% vs 2022 (€ 268,020) Favourable step	€ 397,789 Gross margin 2024: € 397,789 ▲ 33% vs 2023 (€ 299,404) Favourable step	€ 172,047 Gross margin 2025: € 172,047 ▼ 57% vs 2024 (€ 397,789) Unfavourable step	▼ 57%
Profit after taxes	€ 101,060 Profit after taxes 2022: € 101,060 First fiscal year in the series	€ 123,772 Profit after taxes 2023: € 123,772 ▲ 22% vs 2022 (€ 101,060) Favourable step	€ 185,050 Profit after taxes 2024: € 185,050 ▲ 50% vs 2023 (€ 123,772) Favourable step	€ 17,353 Profit after taxes 2025: € 17,353 ▼ 91% vs 2024 (€ 185,050) Unfavourable step	▼ 91%
Equity	€ 450,267 Equity 2022: € 450,267 First fiscal year in the series	€ 574,039 Equity 2023: € 574,039 ▲ 27% vs 2022 (€ 450,267) Favourable step	€ 759,089 Equity 2024: € 759,089 ▲ 32% vs 2023 (€ 574,039) Favourable step	€ 776,443 Equity 2025: € 776,443 ▲ 2% vs 2024 (€ 759,089) Favourable step	▲ 2%
Total debts	€ 2,668,443 Total debts 2022: € 2,668,443 First fiscal year in the series	€ 2,601,455 Total debts 2023: € 2,601,455 ▼ 3% vs 2022 (€ 2,668,443) Favourable step	€ 2,546,885 Total debts 2024: € 2,546,885 ▼ 2% vs 2023 (€ 2,601,455) Favourable step	€ 2,499,238 Total debts 2025: € 2,499,238 ▼ 2% vs 2024 (€ 2,546,885) Favourable step	▼ 2%
Cash	€ 386,993 Cash 2022: € 386,993 First fiscal year in the series	€ 479,950 Cash 2023: € 479,950 ▲ 24% vs 2022 (€ 386,993) Favourable step	€ 788,452 Cash 2024: € 788,452 ▲ 64% vs 2023 (€ 479,950) Favourable step	€ 433,601 Cash 2025: € 433,601 ▼ 45% vs 2024 (€ 788,452) Unfavourable step	▼ 45%
Land & buildings	€ 2,693,200 Land & buildings 2022: € 2,693,200 First fiscal year in the series	€ 2,598,184 Land & buildings 2023: € 2,598,184 ▼ 4% vs 2022 (€ 2,693,200) Unchanged	€ 2,360,674 Land & buildings 2024: € 2,360,674 ▼ 9% vs 2023 (€ 2,598,184) Unchanged	€ 2,682,137 Land & buildings 2025: € 2,682,137 ▲ 14% vs 2024 (€ 2,360,674) Unchanged	▲ 14%
Retained profit	€ 387,767 Retained profit 2022: € 387,767 First fiscal year in the series	€ 511,539 Retained profit 2023: € 511,539 ▲ 32% vs 2022 (€ 387,767) Favourable step	€ 696,589 Retained profit 2024: € 696,589 ▲ 36% vs 2023 (€ 511,539) Favourable step	€ 713,943 Retained profit 2025: € 713,943 ▲ 2% vs 2024 (€ 696,589) Favourable step	▲ 2%
Bank debt	€ 220,984 Bank debt 2022: € 220,984 First fiscal year in the series	€ 202,434 Bank debt 2023: € 202,434 ▼ 8% vs 2022 (€ 220,984) Favourable step	€ 186,688 Bank debt 2024: € 186,688 ▼ 8% vs 2023 (€ 202,434) Favourable step	€ 169,101 Bank debt 2025: € 169,101 ▼ 9% vs 2024 (€ 186,688) Favourable step	▼ 9%
Balance sheet total	€ 3,118,710 Balance sheet total 2022: € 3,118,710 First fiscal year in the series	€ 3,175,494 Balance sheet total 2023: € 3,175,494 ▲ 2% vs 2022 (€ 3,118,710) Unchanged	€ 3,305,974 Balance sheet total 2024: € 3,305,974 ▲ 4% vs 2023 (€ 3,175,494) Unchanged	€ 3,275,681 Balance sheet total 2025: € 3,275,681 ▼ 1% vs 2024 (€ 3,305,974) Unchanged	▼ 1%

Key figures of MAHA, 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 MAHA?

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

Jul 5, 2026 New annual accounts for financial year 2025: profit of € 17,353 (▼ 91% vs 2024). Source: NBB ↗
Oct 1, 2011 New establishment in Elsene. KBO
Sep 2, 1991 Start of the company according to the CBE. KBO

In short

From € 101,060 profit in 2022 to € 17,353 profit in 2025.

Paid € 142,197 in corporate taxes since 2022.

Best year ever: 2024, with € 185,050 profit.

Original PDFs at the National Bank ↗

A new publication or filing at MAHA? 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

MOHAMMED AWAD MARIAM ZEITOUN MOUNA AWAD

MAHA

Behind MAHA are MOHAMMED AWAD, MARIAM ZEITOUN and MOUNA AWAD.

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Directors

According to the 2025 annual accounts

MOHAMMED AWAD

Managing director

MARIAM ZEITOUN

Director

MOUNA AWAD

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Boondaalse Steenweg 425

1050 Elsene

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

Details

Company number: 0445.047.084
VAT number: BE 0445.047.084
Registered office: Boondaalse Steenweg 425, 1050 Elsene
Names & denominations: MAHA
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 2 September 1991
Peppol: Not registered
Activities · NACE: Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

View on CBE Public ↗ Annual accounts (NBB) ↗