Financials
Financial year 2025
MAHIN FRERES from Wellin, company number BE0472505905, closed financial year 2025 with a result of € 10,524 after tax. For that financial year MAHIN FRERES recorded a gross margin of € 85,621 and equity of € 61,320. Compared with financial year 2024, the result moved from € 3,511 to € 10,524. Profitable, and profit is growing. 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 May 28, 2026.
€ 61,320
▼ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,524
▲ 200% vs 2024
Profit after tax over the fiscal year.
€ 13,621
▼ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 25,250 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 61,330
▼ 20% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 9,272
▲ € 7,425 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 24,547
▼ 19% vs 2024
€ 5,957 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 3,240
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,139
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 104,520 | € 103,858 | € 90,856 | € 85,621 | ▼ 6% |
| Profit after taxes | € -6,686 | € -2,544 | € 3,511 | € 10,524 | ▲ 200% |
| Equity | € 75,711 | € 72,956 | € 76,256 | € 61,320 | ▼ 20% |
| Total debts | € 61,336 | € 49,007 | € 40,624 | € 57,189 | ▲ 41% |
| Cash | € 1,492 | € 14,017 | € 19,783 | € 13,621 | ▼ 31% |
| Retained profit | € 55,031 | € 52,487 | € 55,998 | € 41,272 | ▼ 26% |
| Dividend | € 0 | € 0 | € 0 | € 25,250 | |
| Bank debt | € 41,729 | € 36,114 | € 30,388 | € 24,547 | ▼ 19% |
| Balance sheet total | € 137,046 | € 121,963 | € 116,881 | € 118,509 | ▲ 1% |
Key figures of MAHIN FRERES, 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 MAHIN FRERES?
What happened at MAHIN FRERES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,524 (▲ 200% vs 2024). Source: NBB ↗
- Marina GEORGES became a director. NBB
- Stéphane MAHIN became a director. NBB
- New establishment in Wellin. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,686 loss in 2022 to € 10,524 profit in 2025.
Paid € 3,049 in corporate taxes since 2022.
Best year ever: 2025, with € 10,524 profit.
Paid out € 25,250 in dividends to the owners in total.
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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 MAHIN FRERES are Marina GEORGES and Stéphane MAHIN.
Directors
According to the 2025 annual accounts
Marina GEORGES
Director
since 2023
Stéphane MAHIN
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Coputienne 15
6920 Wellin
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0472.505.905
- VAT number
- BE 0472.505.905
- Registered office
- Coputienne 15, 6920 Wellin
- Names & denominations
- MAHIN FRERES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 August 2000
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen
Overige gespecialiseerde bouwwerkzaamheden