Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAES from Deinze, company number BE0453953961, closed financial year 2025 with a result of € -25,101 after tax. For that financial year MAES recorded a gross margin of € 59,951 and equity of € 28,386. Compared with financial year 2024, the result moved from € -67,834 to € -25,101. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 16, 2026.
€ 28,386
▼ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,101
▲ 63 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,871
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 17,054.
People and assets in 2025
€ 51,116
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 144,805
▼ 15% vs 2024
€ 19,701 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 115,878
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 85
▼ 99% 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 | € 313,061 | € 15,805 | € 7,834 | € 59,951 | ▲ € 52,117 |
| Profit after taxes | € 180,502 | € -55,149 | € -67,834 | € -25,101 | ▲ € 42,733 |
| Equity | € 309,670 | € 254,521 | € 53,487 | € 28,386 | ▼ 47% |
| Total debts | € 387,463 | € 265,304 | € 414,678 | € 344,440 | ▼ 17% |
| Cash | € 213,867 | € 56,204 | € 18,921 | € 3,871 | ▼ 80% |
| Land & buildings | € 260,912 | € 242,868 | € 228,958 | € 210,059 | ▼ 8% |
| Retained profit | € 165,138 | € 109,989 | € 42,155 | € 17,054 | ▼ 60% |
| Dividend | € 110,121 | € 0 | € 0 | € 0 | |
| Bank debt | € 293,251 | € 210,789 | € 170,775 | € 144,805 | ▼ 15% |
| Balance sheet total | € 697,132 | € 519,825 | € 468,165 | € 372,826 | ▼ 20% |
Key figures of MAES, 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?
What happened at MAES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 25,101. filed late Source: NBB ↗
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 180,502 profit in 2022 to € 25,101 loss in 2025.
Paid € 48,785 in corporate taxes since 2022.
Best year ever: 2022, with € 180,502 profit.
Paid out € 110,121 in dividends to the owners in total.
Management
Behind MAES are Kenneth Maes and Björn Maes.
Directors
According to the 2025 annual accounts
Kenneth Maes
Director
Björn Maes
Director
Establishments
Establishment units
Physical locations of this company
Vosselarestraat 73 box 8
9850 Deinze
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →VERENIGING VAN MEDE-EIGENAARS VAN HET MG KMO PARK LANDEGEM, VOSSELARESTRAAT 73, 9850 LANDEGEM
In4Cars
€ 206,904 gross margin · 2025
SONAR BRANDS
€ -54 gross margin · 2025
ARAUCHEMIA
€ -41,879 gross margin · 2024
TARTISTE
€ 503,046 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.953.961
- VAT number
- BE 0453.953.961
- Registered office
- Vosselarestraat 73 bus 8, 9850 Deinze
- Names & denominations
- MAES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 1994
- Peppol
- Active · Active since 5 Oct 2025
- Activities · NACE
Plaatsen van vloer- en wandtegels
Bouwrijp maken van terreinen
Metselwerk
Goederenvervoer over de weg
Schrijnwerk
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Uitvoeren van metsel- en voegwerken
+1