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 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Transporten Maes from Meerhout, company number BE0711937834, closed financial year 2025 with a result of € 21,499 after tax. For that financial year Transporten Maes recorded a gross margin of € 1.2 million and equity of € 16,311. Compared with financial year 2024, the result moved from € -50,179 to € 21,499. Profitable, and profit is growing. 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 June 25, 2026.
€ 16,311
▲ € 21,499 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,499
▲ still € 50,179 loss in 2024
Profit after tax over the fiscal year.
€ 3,041
▲ 102% 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 € 10,111.
People and assets in 2025
11.9
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 811,902
▼ 3% vs 2024
€ 68,200 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.
€ 567,047
▼ 20% vs 2024
Of which on lease € 475,546.
Debts at end 2025
€ 583,588
▼ 16% vs 2024
€ 109,221 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 170,560
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 114,622
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 498,081 | € 680,513 | € 998,555 | € 1,181,641 | ▲ 18% |
| Profit after taxes | € -40,524 | € 49,009 | € -50,179 | € 21,499 | ▲ € 71,679 |
| Equity | € -4,018 | € 44,991 | € -5,188 | € 16,311 | ▲ € 21,499 |
| Total debts | € 496,469 | € 581,766 | € 1,109,657 | € 887,040 | ▼ 20% |
| Cash | € 17,905 | € 20,445 | € 1,507 | € 3,041 | ▲ 102% |
| Retained profit | € -10,218 | € 38,791 | € -11,388 | € 10,111 | ▲ € 21,499 |
| Bank debt | € 332,873 | € 357,035 | € 690,815 | € 583,588 | ▼ 16% |
| Balance sheet total | € 492,450 | € 626,757 | € 1,104,469 | € 903,352 | ▼ 18% |
| Employees (FTE) | - | 8.9 | 13.9 | 11.9 | ▼ 2 |
Key figures of Transporten Maes, 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 Transporten Maes?
What happened at Transporten Maes in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,499. Source: NBB ↗
- New establishment in Meerhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 40,524 loss in 2022 to € 21,499 profit in 2025.
Paid € 11,267 in corporate taxes since 2022.
Best year ever: 2023, with € 49,009 profit.
On average € 99,300 of value added per employee in 2025.
Management
Behind Transporten Maes is Sander Maes.
Directors
According to the 2025 annual accounts
Sander Maes
Director
Establishments
Establishment units
Physical locations of this company
Bevrijdingslaan 182
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
- 0711.937.834
- VAT number
- BE 0711.937.834
- Registered office
- Bevrijdingslaan 182, 2450 Meerhout
- Names & denominations
- Transporten Maes
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 October 2018
- Peppol
- Active · Active since 19 Sept 2025
- Activities · NACE
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