Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Makita Engineering from Heist-op-den-Berg, company number BE0770595417, closed financial year 2025 with a result of € -7,564 after tax. For that financial year Makita Engineering recorded a gross margin of € 1,094 and equity of € -3,255. Compared with financial year 2024, the result moved from € -31,705 to € -7,564. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 26, 2026.
€ -3,255
▼ € 7,564 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,564
▲ 76 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,895
▲ 216% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3,255.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 9,621
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10,765
▼ 44% vs 2024
€ 8,682 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 2,902
▼ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 212
▼ 16% vs 2024
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 | € 8,786 | € -22,154 | € 1,094 | ▲ € 23,248 |
| Profit after taxes | € -1,438 | € -31,705 | € -7,564 | ▲ € 24,140 |
| Equity | € 36,014 | € 4,309 | € -3,255 | ▼ € 7,564 |
| Total debts | € 35,954 | € 30,301 | € 20,855 | ▼ 31% |
| Cash | € 13,585 | € 915 | € 2,895 | ▲ 216% |
| Land & buildings | € 5,657 | € 5,370 | € 5,084 | ▼ 5% |
| Retained profit | € 36,014 | € 4,309 | € -3,255 | ▼ € 7,564 |
| Bank debt | € 26,391 | € 19,121 | € 10,765 | ▼ 44% |
| Balance sheet total | € 71,968 | € 34,610 | € 17,600 | ▼ 49% |
Key figures of Makita Engineering, 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 Makita Engineering?
What happened at Makita Engineering in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,564. filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Heist-op-den-Berg. KBO
- Marius Make Mandela became a director. NBB
In short
From € 1,438 loss in 2023 to € 7,564 loss in 2025.
Paid € 1,018 in corporate taxes since 2023.
Management
Behind Makita Engineering is Marius Make Mandela.
Directors
According to the 2025 annual accounts
Marius Make Mandela
Manager
since 2021
Establishments
Establishment units
Physical locations of this company
Mechelbaan 130
2220 Heist-op-den-Berg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Make Mandela Marius(gecommanditeerde vennoot) 99.8%
- Ishimwe Felicity(stille vennoot) 0.2%
Details
- Company number
- 0770.595.417
- VAT number
- BE 0770.595.417
- Registered office
- Mechelbaan 130, 2220 Heist-op-den-Berg
- Names & denominations
- Makita Engineering
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2021
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
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