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 4 of the last 4 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 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAF INVEST from Kortrijk, company number BE0770595615, closed financial year 2025 with a result of € -6,978 after tax. For that financial year MAF INVEST recorded a gross margin of € 44,805 and equity of € -85,023. Compared with financial year 2024, the result moved from € -2,504 to € -6,978. 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 June 2, 2026.
€ -85,023
▼ € 6,978 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,978
▼ 179 % more loss than in 2024
Profit after tax over the fiscal year.
€ 7,388
▲ 115% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -90,023.
People and assets in 2025
€ 3,925
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 677,076
▼ 5% vs 2024
€ 35,476 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 4,195
▲ € 3,310 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,567
▲ € 1,546 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -11,238 | € 35,513 | € 44,014 | € 44,805 | ▲ 2% |
| Profit after taxes | € -72,867 | € -7,673 | € -2,504 | € -6,978 | ▼ € 4,474 |
| Equity | € -67,867 | € -75,540 | € -78,044 | € -85,023 | ▼ € 6,978 |
| Total debts | € 883,782 | € 908,668 | € 924,362 | € 905,154 | ▼ 2% |
| Cash | € 27,653 | € 5,559 | € 3,431 | € 7,388 | ▲ 115% |
| Land & buildings | € 747,341 | € 825,569 | € 842,887 | € 808,818 | ▼ 4% |
| Retained profit | € -72,867 | € -80,540 | € -83,044 | € -90,023 | ▼ € 6,978 |
| Bank debt | € 709,521 | € 742,136 | € 709,140 | € 677,076 | ▼ 5% |
| Balance sheet total | € 815,914 | € 833,127 | € 846,317 | € 820,131 | ▼ 3% |
Key figures of MAF INVEST, 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 MAF INVEST?
What happened at MAF INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,978. Source: NBB ↗
- New establishment in Kortrijk. KBO
- Maxim Grimonprez became a director. NBB
- Fien Breyne became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 72,867 loss in 2022 to € 6,978 loss in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MAF INVEST are Maxim Grimonprez and Fien Breyne. Maxim Grimonprez is also behind ARTALO.
Directors
According to the 2025 annual accounts
since 2021
Fien Breyne
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Meubelmakersdreef(Bel) 10
8510 Kortrijk
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
- 0770.595.615
- VAT number
- BE 0770.595.615
- Registered office
- Meubelmakersdreef(Bel) 10, 8510 Kortrijk
- Names & denominations
- MAF INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2021
- Peppol
- Active · Active since 26 Sept 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Detailhandel in tapijten en andere vloerbedekking en wandbekleding
Groothandel in niet-elektrische huishoudelijke artikelen
Ontwerpen van textielpatronen, kleding, juwelen, meubels en decoratieartikelen
Activiteiten van interieurarchitecten
Detailhandel in verlichtingsartikelen
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