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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAHEI from Pepinster, company number BE0453954357, closed financial year 2025 with a result of € -19,729 after tax. For that financial year MAHEI recorded a gross margin of € 13,921 and equity of € 112. Compared with financial year 2024, the result moved from € -22,018 to € -19,729. The company made a loss. The buffer shrank hard: equity is 99 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 112
▼ 99% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,729
▲ 10 % less loss than in 2024
Profit after tax over the fiscal year.
€ 7,896
▲ € 7,167 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -427,308.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,815
▲ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,569 | € 16,475 | € 12,524 | € 13,921 | ▲ 11% |
| Profit after taxes | € -27,903 | € -14,648 | € -22,018 | € -19,729 | ▲ € 2,288 |
| Equity | € 56,508 | € 41,859 | € 19,842 | € 112 | ▼ 99% |
| Total debts | € 357,092 | € 345,532 | € 386,303 | € 381,518 | ▼ 1% |
| Cash | € 1,645 | € 3,399 | € 729 | € 7,896 | ▲ € 7,167 |
| Land & buildings | € 408,481 | € 379,053 | € 400,382 | € 368,599 | ▼ 8% |
| Retained profit | € -370,912 | € -385,561 | € -407,578 | € -427,308 | ▼ € 19,729 |
| Bank debt | € 0 | € 9 | € 0 | € 0 | |
| Balance sheet total | € 413,600 | € 387,392 | € 406,145 | € 381,631 | ▼ 6% |
Key figures of MAHEI, 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 April 2027.
What happened to MAHEI?
What happened at MAHEI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 19,729. Source: NBB ↗
- New establishment in Pepinster. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,903 loss in 2022 to € 19,729 loss in 2025.
Paid € 302 in corporate taxes since 2022.
Management
Behind MAHEI are MAGI SA and Noël GILET.
Directors
According to the 2025 annual accounts
MAGI SA
Director · represented by GILET Johann
Noël GILET
Director
Establishments
Establishment units
Physical locations of this company
Grand'Ry Cornesse 205
4860 Pepinster
Rue Grand'Ry 205
4860 Pepinster
Active since 7 July 1997
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.954.357
- VAT number
- BE 0453.954.357
- Registered office
- Grand'Ry Cornesse 205, 4860 Pepinster
- Names & denominations
- MAHEI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 1994
- Peppol
- Active · Active since 4 Mar 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen