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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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAAJ from Kampenhout, company number BE0691629695, closed financial year 2025 with a result of € 479,393 after tax. For that financial year MAAJ recorded a gross margin of € 449,460 and equity of € 253,181. Compared with financial year 2024, the result moved from € 320,168 to € 479,393. Profitable, and profit is growing. The buffer shrank hard: equity is 74 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 253,181
▼ 74% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 479,393
▲ 50% vs 2024
Profit after tax over the fiscal year.
€ 433,930
▲ 229% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 25,664
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.3 million
▲ € 3.3 million vs 2024
€ 57,779 is repaid this year. At this pace the long-term loan is gone in ≈ 33 years.
€ 26,861
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,912
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 633,960 | € 285,940 | € 449,460 | ▲ 57% |
| Profit after taxes | € 380,065 | € 320,168 | € 479,393 | ▲ 50% |
| Equity | € 653,619 | € 973,787 | € 253,181 | ▼ 74% |
| Total debts | € 763,965 | € 1,558,887 | € 5,488,845 | ▲ 252% |
| Cash | € 84,039 | € 131,838 | € 433,930 | ▲ 229% |
| Land & buildings | € 601,260 | € 777,348 | € 1,019,448 | ▲ 31% |
| Retained profit | € 628,619 | € 948,787 | € 228,181 | ▼ 76% |
| Dividend | € 0 | € 0 | € 1,200,000 | |
| Bank debt | € 712,895 | € 947,800 | € 4,296,100 | ▲ € 3.3 million |
| Balance sheet total | € 1,417,584 | € 2,532,674 | € 5,742,026 | ▲ 127% |
Key figures of MAAJ, fiscal years 2023 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 MAAJ?
What happened at MAAJ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 479,393 (▲ 50% vs 2024). Source: NBB ↗
- Jeroen Van Riet became a director. NBB
- New establishment in Knokke-Heist. KBO
- New establishment in Kampenhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 380,065 profit in 2023 to € 479,393 profit in 2025.
Paid € 355,138 in corporate taxes since 2023.
Best year ever: 2025, with € 479,393 profit.
Paid out € 1.2 million in dividends to the owners in total.
Management
Behind MAAJ is Jeroen Van Riet. It owns 100% of MAAJ CONSTRUCT itself.
Directors
According to the 2025 annual accounts
Jeroen Van Riet
Director
Also active at: MAAJ CONSTRUCT, GROEP BOVARI, J&J INVEST GROUP, J&J Construct
since 2022
Establishments
Establishment units
Physical locations of this company
Lepelstraat 5
1910 Kampenhout
Diksmuidestraat 38 box D1
8300 Knokke-Heist
Active since 23 December 2020
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
- 0691.629.695
- VAT number
- BE 0691.629.695
- Registered office
- Lepelstraat 5, 1910 Kampenhout
- Names & denominations
- MAAJ
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 March 2018
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Activiteiten van syndici van onroerend goed
Ontwikkeling van niet-residentiële bouwprojecten
Ontwikkeling van residentiële bouwprojecten
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis