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 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAJON from Waterloo, company number BE0451731968, closed financial year 2025 with a result of € 36,808 after tax. For that financial year MAJON recorded a gross margin of € 78,478 and equity of € 222,050. Compared with financial year 2024, the result moved from € 39,800 to € 36,808. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 222,050
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36,808
▼ 8% vs 2024
Profit after tax over the fiscal year.
€ 1,783
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 109,677 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 901
▼ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,530
▲ 31% 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 | € 83,237 | € 83,581 | € 82,443 | € 78,478 | ▼ 5% |
| Profit after taxes | € 37,626 | € 37,674 | € 39,800 | € 36,808 | ▼ 8% |
| Equity | € 311,770 | € 292,161 | € 294,919 | € 222,050 | ▼ 25% |
| Total debts | € 129,531 | € 60,226 | € 105,674 | € 65,316 | ▼ 38% |
| Cash | € 38,101 | € 5,577 | € 100,568 | € 1,783 | ▼ 98% |
| Land & buildings | € 265,394 | € 253,153 | € 253,348 | € 246,972 | ▼ 3% |
| Retained profit | € 249,770 | € 230,161 | € 232,919 | € 160,050 | ▼ 31% |
| Dividend | € 0 | € 57,283 | € 37,042 | € 109,677 | ▲ 196% |
| Balance sheet total | € 441,302 | € 352,387 | € 400,592 | € 287,366 | ▼ 28% |
Key figures of MAJON, 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 MAJON?
What happened at MAJON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 36,808 (▼ 8% vs 2024). Source: NBB ↗
- Michel Majon became a director. NBB
- Marie Seeldrayers became a director. NBB
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,626 profit in 2022 to € 36,808 profit in 2025.
Paid € 69,668 in corporate taxes since 2022.
Best year ever: 2024, with € 39,800 profit.
Paid out € 204,003 in dividends to the owners in total.
Management
Behind MAJON are Michel Majon and Marie Seeldrayers. Michel Majon is also behind CENTRE DENTAIRE MEISER.
Directors
According to the 2025 annual accounts
since 2006
Marie Seeldrayers
Director
since 2006
Establishments
Establishment units
Physical locations of this company
Avenue Prince Royal 16
1410 Waterloo
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
- 0451.731.968
- VAT number
- BE 0451.731.968
- Registered office
- Avenue Prince Royal 16, 1410 Waterloo
- Names & denominations
- MAJON
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 January 1994
- Peppol
- Active · Active since 19 Jan 2026
- Activities · NACE
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