Financials
Financial year 2025
MAAT SECURITY from Lummen, company number BE0552866346, closed financial year 2025 with a result of € 137,401 after tax. For that financial year MAAT SECURITY recorded revenue of € 24.7 million and equity of € 416,012. Compared with financial year 2024, the result moved from € 250,029 to € 137,401. The company is profitable. 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 July 31, 2026.
€ 416,012
▲ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 137,401
▼ 45% vs 2024
Profit after tax over the fiscal year.
€ 841,899
▲ € 822,399 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 € -1.2 million.
People and assets in 2025
386.4
▲ 100.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 22.4 million
▲ 45% vs 2024
€ 57,900 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.
€ 2,534
▲ 162% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 256,000
Loans from banks and other lenders, long and short.
€ 1 million
▲ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 120 days on average.
€ 4.8 million
▲ 89% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,405,758 | € 13,063,087 | € 17,318,464 | € 24,687,415 | ▲ 43% |
| Profit after taxes | € -504,761 | € -412,143 | € 250,029 | € 137,401 | ▼ 45% |
| Equity | € -759,276 | € 28,581 | € 278,611 | € 416,012 | ▲ 49% |
| Total debts | € 3,073,438 | € 3,660,385 | € 3,931,894 | € 6,876,201 | ▲ 75% |
| Cash | € 443,098 | € 335,100 | € 19,500 | € 841,899 | ▲ € 822,399 |
| Retained profit | € -1,159,276 | € -1,571,419 | € -1,321,389 | € -1,183,988 | ▲ € 137,401 |
| Bank debt | € 726,000 | € 1,035,325 | € 256,000 | € 256,000 | |
| Balance sheet total | € 2,314,162 | € 3,688,967 | € 4,210,504 | € 7,329,586 | ▲ 74% |
| Employees (FTE) | 233.2 | 233.2 | 286.3 | 386.4 | ▲ 100.1 |
Key figures of MAAT SECURITY, 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 MAAT SECURITY?
What happened at MAAT SECURITY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 137,401 (▼ 45% vs 2024). Source: NBB ↗
- KEEPITSIMPLE BV became a director. NBB
- Aimé Lyagre became a director. NBB
- JSW Consult BV stepped down as director. NBB
- Christof Mpitzilis became a director. NBB
- JSW Consult BV became a director. NBB
- New establishment in Lummen. KBO
- Start of the company according to the CBE. KBO
In short
From € 504,761 loss in 2022 to € 137,401 profit in 2025.
Paid € 70,804 in corporate taxes since 2022.
Best year ever: 2024, with € 250,029 profit.
Pays suppliers within 120 days on average.
Management
The stake of MAAT Group, JSW Consult comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAAT SECURITYBehind MAAT SECURITY are KEEPITSIMPLE BV, Aimé Lyagre and Christof Mpitzilis. The shares are held by MAAT Group (75%) and JSW Consult (25%).
Directors
According to the 2025 annual accounts
since 2026
since 2026
Christof Mpitzilis
Director
since 2023
since 2015 · until 2026
Shareholders
75%
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Klaverbladstraat 19A
3560 Lummen
Klaverbladstraat 19 box A
3560 Lummen
Active since 13 May 2014
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.
Website
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Hosting & Email
Email provider
Microsoft 365
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Website info
Features
Security
Details
- Company number
- 0552.866.346
- VAT number
- BE 0552.866.346
- Registered office
- Klaverbladstraat 19A, 3560 Lummen
- Names & denominations
- MAAT SECURITY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 May 2014
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- maatsecurity.be
- Activities · NACE
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