Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 19.1 to 16.9.
Financials
Financial year 2026
MALDOY from Sint-Katelijne-Waver, company number BE0457893448, closed financial year 2026 with a result of € 34,514 after tax. For that financial year MALDOY recorded a gross margin of € 1.3 million and equity of € 3.9 million. Compared with financial year 2025, the result moved from € 62,139 to € 34,514. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 1, 2026.
€ 3.9 million
▲ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,514
▼ 44% vs 2025
Profit after tax over the fiscal year.
€ 356,693
▲ 9% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 3.8 million.
People and assets in 2026
16.9
▼ 1 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 999,856
▼ 5% vs 2025
€ 59,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 92,578
▼ 24% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 819,984
▼ 4% vs 2025
€ 13,218 is repaid this year. At this pace the long-term loan is gone in ≈ 60 years.
€ 377,764
▲ 23% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 202,098
▼ 16% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,284,308 | € 1,275,746 | € 1,311,202 | € 1,261,262 | ▼ 4% |
| Profit after taxes | € 68,028 | € 33,916 | € 62,139 | € 34,514 | ▼ 44% |
| Equity | € 3,737,774 | € 3,771,689 | € 3,833,828 | € 3,868,342 | ▲ 1% |
| Total debts | € 2,395,452 | € 2,277,981 | € 2,423,343 | € 2,531,610 | ▲ 4% |
| Cash | € 190,983 | € 156,966 | € 326,564 | € 356,693 | ▲ 9% |
| Land & buildings | € 24,129 | € 17,206 | € 12,093 | € 6,980 | ▼ 42% |
| Retained profit | € 3,651,011 | € 3,684,926 | € 3,747,066 | € 3,781,580 | ▲ 1% |
| Bank debt | € 1,415,346 | € 938,160 | € 856,196 | € 819,984 | ▼ 4% |
| Balance sheet total | € 6,133,225 | € 6,049,670 | € 6,257,172 | € 6,399,952 | ▲ 2% |
| Employees (FTE) | 19.2 | 19.1 | 17.9 | 16.9 | ▼ 1 |
Key figures of MALDOY, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to MALDOY?
What happened at MALDOY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 34,514 (▼ 44% vs 2025). Source: NBB ↗
- Elcema became a director. NBB
- New establishment in Sint-Katelijne-Waver. KBO
- Start of the company according to the CBE. KBO
In short
From € 68,028 profit in 2023 to € 34,514 profit in 2026.
Paid € 109,605 in corporate taxes since 2023.
Best year ever: 2023, with € 68,028 profit.
On average € 74,600 of value added per employee in 2026.
Management
The stake of ELCEMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MALDOYBehind MALDOY is Elcema. The shares are held by ELCEMA (100%).
Establishments
Establishment units
Physical locations of this company
Dreefvelden 15
2860 Sint-Katelijne-Waver
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0457.893.448
- VAT number
- BE 0457.893.448
- Registered office
- Dreefvelden 15, 2860 Sint-Katelijne-Waver
- Names & denominations
- MALDOY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 1996
- Peppol
- Active · Active since 22 Sept 2025
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