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.
Financials
Financial year 2025
MAES VERWARMING from Meerhout, company number BE0472802546, closed financial year 2025 with a result of € -47,079 after tax. For that financial year MAES VERWARMING recorded a gross margin of € -16,694 and equity of € 53,956. Compared with financial year 2024, the result moved from € -102,840 to € -47,079. 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 30, 2026.
€ 53,956
▼ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -47,079
▲ 54 % less loss than in 2024
Profit after tax over the fiscal year.
€ 60,304
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 35,356.
People and assets in 2025
€ 9,534
▼ 91% 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.
€ 18,005
▼ 34% vs 2024
Of which on lease € 17,699.
Debts at end 2025
€ 19,071
▼ 30% vs 2024
€ 8,526 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,453
▼ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,889
▼ 82% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 105,307 | € 118,538 | € 17,797 | € -16,694 | ▼ € 34,491 |
| Profit after taxes | € 39,723 | € 39,913 | € -102,840 | € -47,079 | ▲ € 55,762 |
| Equity | € 203,863 | € 203,875 | € 101,035 | € 53,956 | ▼ 47% |
| Total debts | € 168,190 | € 132,926 | € 139,950 | € 53,640 | ▼ 62% |
| Cash | € 126,246 | € 136,750 | € 183,251 | € 60,304 | ▼ 67% |
| Land & buildings | € 899 | € 749 | € 599 | € 450 | ▼ 25% |
| Retained profit | € 185,263 | € 185,275 | € 82,435 | € 35,356 | ▼ 57% |
| Dividend | € 39,700 | € 39,900 | € 0 | € 0 | |
| Bank debt | € 389 | € 35,265 | € 27,308 | € 19,071 | ▼ 30% |
| Balance sheet total | € 372,053 | € 336,801 | € 240,985 | € 107,596 | ▼ 55% |
Key figures of MAES VERWARMING, 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 MAES VERWARMING?
What happened at MAES VERWARMING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 47,079. Source: NBB ↗
- TTI BV became a director. NBB
- New establishment in Meerhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,723 profit in 2022 to € 47,079 loss in 2025.
Paid € 326 in corporate taxes since 2022.
Best year ever: 2023, with € 39,913 profit.
Paid out € 79,600 in dividends to the owners in total.
Management
The stake of TTI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAES VERWARMINGBehind MAES VERWARMING is TTI BV. The shares are held by TTI (100%).
Establishments
Establishment units
Physical locations of this company
Bevrijdingslaan 197 box A
2450 Meerhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0472.802.546
- VAT number
- BE 0472.802.546
- Registered office
- Bevrijdingslaan 197 bus A, 2450 Meerhout
- Names & denominations
- MAES VERWARMING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 2000
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2