Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
MAVE Management from Genk, company number BE0451479570, closed financial year 2025 with a result of € 20,313 after tax. For that financial year MAVE Management recorded a gross margin of € 43,491 and equity of € -91,398. Compared with financial year 2024, the result moved from € 25,468 to € 20,313. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ -91,398
▲ € 20,313 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,313
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 31,864
▲ 104% 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 € -417,398.
People and assets in 2025
€ 22,573
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 194,925
▼ 3% vs 2024
€ 7,608 is repaid this year. At this pace the long-term loan is gone in ≈ 25 years.
€ 3,321
Supplier invoices still open on the last day of the fiscal year.
€ 9,244
▲ 10% 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 | € 95,437 | € 44,495 | € 47,872 | € 43,491 | ▼ 9% |
| Profit after taxes | € 86,800 | € 22,276 | € 25,468 | € 20,313 | ▼ 20% |
| Equity | € -159,455 | € -137,179 | € -111,711 | € -91,398 | ▲ € 20,313 |
| Total debts | € 303,677 | € 314,153 | € 268,586 | € 264,790 | ▼ 1% |
| Cash | € 9,847 | € 7,713 | € 15,640 | € 31,864 | ▲ 104% |
| Retained profit | € -485,455 | € -463,179 | € -437,711 | € -417,398 | ▲ € 20,313 |
| Bank debt | € 171,808 | € 210,861 | € 201,520 | € 194,925 | ▼ 3% |
| Balance sheet total | € 144,222 | € 176,974 | € 156,874 | € 173,392 | ▲ 11% |
Key figures of MAVE Management, 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 MAVE Management?
What happened at MAVE Management in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,313 (▼ 20% vs 2024). Source: NBB ↗
- New establishment in Genk. KBO
- Martine Kellens became a director. NBB
- Vera Kellens became a director. NBB
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
In short
From € 86,800 profit in 2022 to € 20,313 profit in 2025.
Paid € 3,224 in corporate taxes since 2022.
Best year ever: 2022, with € 86,800 profit.
A new publication or filing at MAVE Management? 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 HIVEMA KELLENS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAVE ManagementBehind MAVE Management are Martine Kellens and Vera Kellens. The shares are held by HIVEMA KELLENS (81%).
Directors
According to the 2025 annual accounts
since 2023
Vera Kellens
Director
since 2023
Shareholders
81%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Herenstraat 205
3600 Genk
Molenstraat 47
3600 Genk
Active since 20 August 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0451.479.570
- VAT number
- BE 0451.479.570
- Registered office
- Herenstraat 205, 3600 Genk
- Names & denominations
- MAVE Management
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 November 1993
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Detailhandel in schoeisel