Financials
Financial year 2025
MAHU-projects from Affligem, company number BE0690784411, closed financial year 2025 with a result of € 22,273 after tax. For that financial year MAHU-projects recorded a gross margin of € 61,902 and equity of € 182,007. Compared with financial year 2024, the result moved from € 61,152 to € 22,273. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 182,007
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,273
▼ 64% vs 2024
Profit after tax over the fiscal year.
€ 9,139
▼ 78% 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 € 163,407.
People and assets in 2025
€ 64,379
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 97,034
▼ 24% vs 2024
€ 32,274 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4,097
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,507
▼ 50% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 105,997 | € 108,810 | € 113,478 | € 61,902 | ▼ 45% |
| Profit after taxes | € 66,838 | € 67,672 | € 61,152 | € 22,273 | ▼ 64% |
| Equity | € 126,204 | € 193,876 | € 159,734 | € 182,007 | ▲ 14% |
| Total debts | € 163,064 | € 128,578 | € 162,604 | € 113,642 | ▼ 30% |
| Cash | € 70,841 | € 6,489 | € 40,696 | € 9,139 | ▼ 78% |
| Retained profit | € 107,604 | € 175,276 | € 141,134 | € 163,407 | ▲ 16% |
| Dividend | € 0 | € 0 | € 95,294 | € 0 | ▼ 100% |
| Bank debt | € 115,000 | € 78,440 | € 128,315 | € 97,034 | ▼ 24% |
| Balance sheet total | € 289,268 | € 322,454 | € 322,339 | € 295,649 | ▼ 8% |
Key figures of MAHU-projects, 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 MAHU-projects?
What happened at MAHU-projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,273 (▼ 64% vs 2024). filed late Source: NBB ↗
- New establishment in Affligem. KBO
- Peter Mannaert became a director. NBB
- Joke Huysmans became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 66,838 profit in 2022 to € 22,273 profit in 2025.
Paid € 103,052 in corporate taxes since 2022.
Best year ever: 2023, with € 67,672 profit.
Paid out € 95,294 in dividends to the owners in total.
Management
Behind MAHU-projects are Peter Mannaert and Joke Huysmans. It owns 25.6% of Retail Projects Europe itself.
Directors
According to the 2025 annual accounts
since 2018
Joke Huysmans
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Vogelzangstraat 26
1790 Affligem
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
- 0690.784.411
- VAT number
- BE 0690.784.411
- Registered office
- Vogelzangstraat 26, 1790 Affligem
- Names & denominations
- MAHU-projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 2018
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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