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 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAFICON from Riemst, company number BE0463774222, closed financial year 2025 with a result of € 116,528 after tax. For that financial year MAFICON recorded a gross margin of € 130,737 and equity of € 358,049. Compared with financial year 2024, the result moved from € 96,000 to € 116,528. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2026.
€ 358,049
▲ 48% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 116,528
▲ 21% vs 2024
Profit after tax over the fiscal year.
€ 15,818
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 339,449.
Debts at end 2025
€ 2.7 million
▲ 2% vs 2024
€ 245,820 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 5,676
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 751
▼ 21% 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 | € 151,142 | € 124,734 | € 113,484 | € 130,737 | ▲ 15% |
| Profit after taxes | € -63,663 | € -46,757 | € 96,000 | € 116,528 | ▲ 21% |
| Equity | € 192,280 | € 145,521 | € 241,521 | € 358,049 | ▲ 48% |
| Total debts | € 3,603,432 | € 3,514,551 | € 3,593,329 | € 3,700,492 | ▲ 3% |
| Cash | € 69,521 | € 38,784 | € 30,724 | € 15,818 | ▼ 49% |
| Land & buildings | € 984,114 | € 878,808 | € 773,501 | € 668,195 | ▼ 14% |
| Retained profit | € 173,680 | € 126,921 | € 222,921 | € 339,449 | ▲ 52% |
| Bank debt | € 2,761,561 | € 2,520,475 | € 2,644,583 | € 2,698,763 | ▲ 2% |
| Balance sheet total | € 3,797,327 | € 3,661,284 | € 3,835,658 | € 4,058,945 | ▲ 6% |
Key figures of MAFICON, 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 MAFICON?
What happened at MAFICON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 116,528 (▲ 21% vs 2024). filed late Source: NBB ↗
- New establishment in Riemst. KBO
- Start of the company according to the CBE. KBO
- Danny Lenaerts became a director. NBB
In short
From € 63,663 loss in 2022 to € 116,528 profit in 2025.
Paid € 1,115 in corporate taxes since 2022.
Best year ever: 2025, with € 116,528 profit.
Management
Behind MAFICON are Kris Lenaerts, Frederick Duchateau and Danny Lenaerts. It owns 100% of Key Lock & Cie, 100% of Isapp, 100% of Polymetall SPZOO, 100% of Mavaro and 100% of Isap itself.
Establishments
Establishment units
Physical locations of this company
Krekelgrachtstraat 14A
3770 Riemst
Krekelgrachtstraat 14 A
3770 Riemst
Active since 20 July 1998
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
- 0463.774.222
- VAT number
- BE 0463.774.222
- Registered office
- Krekelgrachtstraat 14A, 3770 Riemst
- Names & denominations
- MAFICON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 1998
- Peppol
- Active · Active since 18 Dec 2025
- Contact
- [email protected]
- Activities · NACE
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