Financials
Financial year 2025
MAHY from Gent, company number BE0727810794, closed financial year 2025 with a result of € -23,659 after tax. For that financial year MAHY recorded a gross margin of € 312,637 and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 2.9 million to € -23,659. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 4.6 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,659
▼ still € 2.9 million profit in 2024
Profit after tax over the fiscal year.
€ 736,366
▲ € 576,128 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.6 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 8.8 million
Loans from banks and other lenders, long and short.
€ 66,142
▲ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,380
▼ 99% 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 | € 2,310,022 | € 577,798 | € 366,313 | € 312,637 | ▼ 15% |
| Profit after taxes | € 1,618,715 | € 482,883 | € 2,881,379 | € -23,659 | ▼ € 2.9 million |
| Equity | € 1,861,871 | € 2,344,753 | € 4,606,132 | € 4,582,473 | ▼ 1% |
| Total debts | € 5,725,344 | € 190,183 | € 9,083,233 | € 8,949,511 | ▼ 1% |
| Cash | € 217,129 | € 318,239 | € 160,239 | € 736,366 | ▲ € 576,128 |
| Land & buildings | € 1,853,579 | € 0 | - | - | |
| Retained profit | € 1,841,871 | € 2,324,753 | € 4,586,132 | € 4,562,473 | ▼ 1% |
| Dividend | € 800 | € 0 | € 620,000 | € 0 | ▼ 100% |
| Bank debt | € 5,061,773 | € 0 | € 8,750,009 | € 8,750,000 | |
| Balance sheet total | € 7,587,215 | € 2,534,937 | € 13,689,365 | € 13,531,985 | ▼ 1% |
Key figures of MAHY, 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 MAHY?
What happened at MAHY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 23,659 (▼ € 2.9 million vs 2024). filed late Source: NBB ↗
- ManaMax BV became a director. NBB
- LPGM BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.6 million profit in 2022 to € 23,659 loss in 2025.
Paid € 734,452 in corporate taxes since 2022.
Best year ever: 2024, with € 2.9 million profit.
Paid out € 620,800 in dividends to the owners in total.
Management
The stake of TER LEMBEEK INTERNATIONAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAHYBehind MAHY are ManaMax BV and LPGM BV. The shares are held by TER LEMBEEK INTERNATIONAL (50%).
Directors
According to the 2025 annual accounts
Director · represented by Maxime De Clerck
Also active at: TER LEMBEEK INTERNATIONAL, Beaulieu Real Estate, BURCHTDAM, IMMOWILLCO, CEFIMA, BERCOFIN, AMPLA HOUSE PROPERTIES, Lease Estate +2 more
since 2024
since 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pantserschipstraat 155
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
renaultmahy.eu
Registrar
Combell NV
Website info
Features
Security
Details
- Company number
- 0727.810.794
- VAT number
- BE 0727.810.794
- Registered office
- Pantserschipstraat 155, 9000 Gent
- Names & denominations
- MAHY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 2019
- Peppol
- Active · Active since 12 Mar 2025
- Contact
- renaultmahy.eu [email protected]
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen