Financials
Financial year 2024
MAES from Genk, company number BE0472188872, closed financial year 2024 with a result of € -127,796 after tax. For that financial year MAES recorded a gross margin of € -68,151 and equity of € 175,207. Compared with financial year 2023, the result moved from € 41,060 to € -127,796. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2025.
€ 175,207
▼ 42% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -127,796
▼ still € 41,060 profit in 2023
Profit after tax over the fiscal year.
€ 19,614
▼ 88% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 54,207.
People and assets in 2024
1
Average over the fiscal year, from the social balance sheet.
€ 43,153
▲ 4% vs 2023
€ 43,200 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.
€ 45,468
▼ 16% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 159,390
▼ 47% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 5,296
▼ 98% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 107,359 | € 158,725 | € 1,101,637 | € -68,151 | ▼ € 1.2 million |
| Profit after taxes | € 19,850 | € 51,559 | € 41,060 | € -127,796 | ▼ € 168,856 |
| Equity | € 895,384 | € 946,943 | € 303,003 | € 175,207 | ▼ 42% |
| Total debts | € 718,614 | € 785,351 | € 1,000,714 | € 195,276 | ▼ 80% |
| Cash | € 11,168 | € 72,485 | € 161,838 | € 19,614 | ▼ 88% |
| Land & buildings | € 470,332 | € 432,791 | € 49,457 | € 44,360 | ▼ 10% |
| Retained profit | € 774,384 | € 825,943 | € 182,003 | € 54,207 | ▼ 70% |
| Dividend | € 0 | € 0 | € 685,000 | € 0 | ▼ 100% |
| Bank debt | € 568,802 | € 515,496 | € 0 | € 0 | |
| Balance sheet total | € 1,775,365 | € 1,880,855 | € 1,439,473 | € 493,432 | ▼ 66% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of MAES, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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 2024: loss of € 127,796 (▼ € 168,856 vs 2023). Source: NBB ↗
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,850 profit in 2021 to € 127,796 loss in 2024.
Paid € 8,573 in corporate taxes since 2021.
Best year ever: 2022, with € 51,559 profit.
On average € 1.1 million of value added per employee in 2023.
A new publication or filing at MAES? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MAES is Christ Maes. Christ Maes is also behind MAES TOTAALPROJECTEN.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Horizonlaan 26
3600 Genk
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
- 0472.188.872
- VAT number
- BE 0472.188.872
- Registered office
- Horizonlaan 26, 3600 Genk
- Names & denominations
- MAES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 June 2000
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie
Productie van elektriciteit uit niet-hernieuwbare bronnen
Handel in elektriciteit
Groothandel in elektrisch materiaal, inclusief installatiemateriaal