What does MAES ELECTRIC SERVICES do?

MAES ELECTRIC SERVICES is an electrical contractor in Gent. Private Limited, started on 21 June 1994, 1 establishment.

What is the address of MAES ELECTRIC SERVICES?

The registered office of MAES ELECTRIC SERVICES is located at David Tenierslaan 5, 9051 Gent.

Is MAES ELECTRIC SERVICES still active?

Yes. According to the CBE (31 October 2026) MAES ELECTRIC SERVICES is active, legal situation “Normale toestand”, started on 21 June 1994.

Is MAES ELECTRIC SERVICES registered on Peppol?

Yes, MAES ELECTRIC SERVICES is registered on the Peppol network with ID 0208:0452823912.

What is the enterprise number of MAES ELECTRIC SERVICES?

The enterprise number of MAES ELECTRIC SERVICES is BE0452823912.

When was MAES ELECTRIC SERVICES founded?

MAES ELECTRIC SERVICES was founded on 21 June 1994.

Who are the directors of MAES ELECTRIC SERVICES?

According to the 2025 annual accounts, the directors of MAES ELECTRIC SERVICES are: Greenlegacy management CommV.

Is MAES ELECTRIC SERVICES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 June 1994; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MAES ELECTRIC SERVICES make in 2025?

MAES ELECTRIC SERVICES posted a profit after taxes of € 6,188 in financial year 2025.

What is the revenue of MAES ELECTRIC SERVICES?

As a small company, MAES ELECTRIC SERVICES is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 247,672.

MAES ELECTRIC SERVICES (Private Limited) - Gent

Dossier MAES ELECTRIC SERVICES, printed on 1 November 2026 from databakkes.be/en/0452823912/maes-electric-services. 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 54 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MAES ELECTRIC SERVICES from Gent, company number BE0452823912, closed financial year 2025 with a result of € 6,188 after tax. For that financial year MAES ELECTRIC SERVICES recorded a gross margin of € 247,672 and equity of € 73,394. Compared with financial year 2024, the result moved from € 1,454 to € 6,188. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 3, 2026.

What it is worth Growing

€ 73,394

▲ 9% vs 2024

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

Profit Growing

€ 6,188

▲ € 4,734 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 19,063

▼ 39% 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 € 54,794.

People and assets in 2025

Wage cost

€ 177,916

▲ 100% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 25,219

▼ 4% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 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.

€ 131,137

▲ 1% vs 2024

€ 15,128 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 210,832

▲ 6% vs 2024

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

Taxes and wages

€ 26,064

▼ 6% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 920,685 Revenue 2022: € 920,685 First fiscal year in the series	€ 1,492,444 Revenue 2023: € 1,492,444 ▲ 62% vs 2022 (€ 920,685) Favourable step	€ 831,848 Revenue 2024: € 831,848 ▼ 44% vs 2023 (€ 1,492,444) Unfavourable step	-
Gross margin	€ 122,677 Gross margin 2022: € 122,677 First fiscal year in the series	€ 246,844 Gross margin 2023: € 246,844 ▲ 101% vs 2022 (€ 122,677) Favourable step	€ 136,786 Gross margin 2024: € 136,786 ▼ 45% vs 2023 (€ 246,844) Unfavourable step	€ 247,672 Gross margin 2025: € 247,672 ▲ 81% vs 2024 (€ 136,786) Favourable step	▲ 81%
Profit after taxes	€ 6,009 Profit after taxes 2022: € 6,009 First fiscal year in the series	€ 51,971 Profit after taxes 2023: € 51,971 ▲ € 45,962 vs 2022 (€ 6,009) Favourable step	€ 1,454 Profit after taxes 2024: € 1,454 ▼ 97% vs 2023 (€ 51,971) Unfavourable step	€ 6,188 Profit after taxes 2025: € 6,188 ▲ € 4,734 vs 2024 (€ 1,454) Favourable step	▲ € 4,734
Equity	€ 13,780 Equity 2022: € 13,780 First fiscal year in the series	€ 65,751 Equity 2023: € 65,751 ▲ € 51,971 vs 2022 (€ 13,780) Favourable step	€ 67,206 Equity 2024: € 67,206 ▲ 2% vs 2023 (€ 65,751) Favourable step	€ 73,394 Equity 2025: € 73,394 ▲ 9% vs 2024 (€ 67,206) Favourable step	▲ 9%
Total debts	€ 309,339 Total debts 2022: € 309,339 First fiscal year in the series	€ 314,566 Total debts 2023: € 314,566 ▲ 2% vs 2022 (€ 309,339) Unfavourable step	€ 381,328 Total debts 2024: € 381,328 ▲ 21% vs 2023 (€ 314,566) Unfavourable step	€ 386,972 Total debts 2025: € 386,972 ▲ 1% vs 2024 (€ 381,328) Unfavourable step	▲ 1%
Cash	€ 66,959 Cash 2022: € 66,959 First fiscal year in the series	€ 23,996 Cash 2023: € 23,996 ▼ 64% vs 2022 (€ 66,959) Unfavourable step	€ 31,119 Cash 2024: € 31,119 ▲ 30% vs 2023 (€ 23,996) Favourable step	€ 19,063 Cash 2025: € 19,063 ▼ 39% vs 2024 (€ 31,119) Unfavourable step	▼ 39%
Retained profit	€ -4,820 Retained profit 2022: € -4,820 First fiscal year in the series	€ 47,151 Retained profit 2023: € 47,151 ▲ € 51,971 vs 2022 (€ -4,820) Favourable step	€ 48,606 Retained profit 2024: € 48,606 ▲ 3% vs 2023 (€ 47,151) Favourable step	€ 54,794 Retained profit 2025: € 54,794 ▲ 13% vs 2024 (€ 48,606) Favourable step	▲ 13%
Bank debt	€ 69,550 Bank debt 2022: € 69,550 First fiscal year in the series	€ 49,624 Bank debt 2023: € 49,624 ▼ 29% vs 2022 (€ 69,550) Favourable step	€ 129,340 Bank debt 2024: € 129,340 ▲ 161% vs 2023 (€ 49,624) Unfavourable step	€ 131,137 Bank debt 2025: € 131,137 ▲ 1% vs 2024 (€ 129,340) Unfavourable step	▲ 1%
Balance sheet total	€ 323,119 Balance sheet total 2022: € 323,119 First fiscal year in the series	€ 380,317 Balance sheet total 2023: € 380,317 ▲ 18% vs 2022 (€ 323,119) Unchanged	€ 448,534 Balance sheet total 2024: € 448,534 ▲ 18% vs 2023 (€ 380,317) Unchanged	€ 460,365 Balance sheet total 2025: € 460,365 ▲ 3% vs 2024 (€ 448,534) Unchanged	▲ 3%

Key figures of MAES ELECTRIC SERVICES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to MAES ELECTRIC SERVICES?

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

Feb 3, 2026 New annual accounts for financial year 2025: profit of € 6,188 (▲ € 4,734 vs 2024). filed late Source: NBB ↗
2016 Greenlegacy management CommV became a director. NBB
Jun 28, 1994 New establishment in Gent. KBO
Jun 21, 1994 Start of the company according to the CBE. KBO

In short

From € 6,009 profit in 2022 to € 6,188 profit in 2025.

Paid € 48,820 in corporate taxes since 2022.

Best year ever: 2023, with € 51,971 profit.

Original PDFs at the National Bank ↗

Management

Greenlegacy management CommV

MAES ELECTRIC SERVICES

Behind MAES ELECTRIC SERVICES is Greenlegacy management CommV.

Directors

According to the 2025 annual accounts

Greenlegacy management CommV

Director · represented by Olivier MAES

since 2016

Establishments

Establishment units

Physical locations of this company

Registered office

David Tenierslaan 5

9051 Gent

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 →

Greenlegacy management same network

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

Details

Company number

0452.823.912

VAT number

BE 0452.823.912

Registered office

David Tenierslaan 5, 9051 Gent

Names & denominations

MAES ELECTRIC SERVICES · MES

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

21 June 1994

Peppol

Active · Active since 1 Jan 2001

Contact

[email protected]

Activities · NACE

Algemene elektrotechnische installatiewerken

Elektrotechnische installatiewerken van nijverheidsinrichtingen

View on CBE Public ↗ Annual accounts (NBB) ↗