Financials
Financial year 2025
MAHY CONSTRUCT from Gent, company number BE0727902648, closed financial year 2025 with a result of € -103,082 after tax. For that financial year MAHY CONSTRUCT recorded a gross margin of € -78,785 and equity of € 135,127. Compared with financial year 2024, the result moved from € 1.4 million to € -103,082. 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 August 31, 2026.
€ 135,127
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -103,082
▼ still € 1.4 million profit in 2024
Profit after tax over the fiscal year.
€ 5,744
▼ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 134,127.
Debts at end 2025
€ 210,000
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 35,328 | € 2,672,767 | € 1,921,036 | € -78,785 | ▼ € 2 million |
| Profit after taxes | € -71,807 | € 2,053,452 | € 1,447,623 | € -103,082 | ▼ € 1.6 million |
| Equity | € 37,133 | € 1,690,585 | € 238,209 | € 135,127 | ▼ 43% |
| Total debts | € 53,753 | € 2,641,649 | € 633,601 | € 642,748 | ▲ 1% |
| Cash | € 6,985 | € 1,728,413 | € 35,552 | € 5,744 | ▼ 84% |
| Retained profit | € 36,133 | € 1,689,585 | € 237,209 | € 134,127 | ▼ 43% |
| Dividend | € 210,000 | € 400,000 | € 2,900,000 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 104,685 | € 0 | € 210,000 | |
| Balance sheet total | € 90,886 | € 4,332,235 | € 871,810 | € 777,875 | ▼ 11% |
Key figures of MAHY CONSTRUCT, 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 CONSTRUCT?
What happened at MAHY CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 103,082 (▼ € 1.6 million vs 2024). filed late Source: NBB ↗
- LPGM BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 71,807 loss in 2022 to € 103,082 loss in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2023, with € 2.1 million profit.
Paid out € 3.5 million in dividends to the owners in total.
Management
The stake of MAHY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAHY CONSTRUCTBehind MAHY CONSTRUCT is LPGM BV. The shares are held by MAHY (100%).
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.
Details
- Company number
- 0727.902.648
- VAT number
- BE 0727.902.648
- Registered office
- Pantserschipstraat 155, 9000 Gent
- Names & denominations
- MAHY CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 June 2019
- Peppol
- Active · Active since 12 Mar 2025
- Contact
- [email protected]
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Ontwikkeling van niet-residentiële bouwprojecten