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.
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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAKASTEFLO from Grobbendonk, company number BE0646731068, closed financial year 2025 with a result of € -56,169 after tax. For that financial year MAKASTEFLO recorded a gross margin of € 23,327 and equity of € 176,463. Compared with financial year 2024, the result moved from € -112,248 to € -56,169. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 176,463
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -56,169
▲ 50 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,421
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 164,063.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 42,418
▲ 6% vs 2024
€ 42,400 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.
€ 16,939
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 9% vs 2024
€ 99,550 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 10,519
▲ 201% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,826
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -5,030 | € 1,110 | € -11,271 | € 23,327 | ▲ € 34,598 |
| Profit after taxes | € -54,264 | € -61,115 | € -112,248 | € -56,169 | ▲ € 56,079 |
| Equity | € 405,995 | € 344,881 | € 232,632 | € 176,463 | ▼ 24% |
| Total debts | € 1,990,863 | € 2,052,841 | € 1,598,955 | € 1,578,776 | ▼ 1% |
| Cash | € 1,322 | € 2,487 | € 3,401 | € 1,421 | ▼ 58% |
| Retained profit | € 393,595 | € 332,481 | € 220,232 | € 164,063 | ▼ 26% |
| Bank debt | € 1,384,139 | € 1,273,549 | € 1,175,684 | € 1,074,797 | ▼ 9% |
| Balance sheet total | € 2,396,858 | € 2,397,722 | € 1,831,587 | € 1,755,239 | ▼ 4% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of MAKASTEFLO, 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 MAKASTEFLO?
What happened at MAKASTEFLO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 56,169. Source: NBB ↗
- New establishment in Grobbendonk. KBO
- Start of the company according to the CBE. KBO
In short
From € 54,264 loss in 2022 to € 56,169 loss in 2025.
Paid € 566 in corporate taxes since 2022.
On average € 23,300 of value added per employee in 2025.
Management
Behind MAKASTEFLO is Koenraad De Bie. It owns 100% of Peko itself.
Establishments
Establishment units
Physical locations of this company
Hazelaardreef 5
2280 Grobbendonk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0646.731.068
- VAT number
- BE 0646.731.068
- Registered office
- Hazelaardreef 5, 2280 Grobbendonk
- Names & denominations
- MAKASTEFLO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2016
- Peppol
- Active · Active since 18 Sept 2025
- Activities · NACE
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