Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 7.5 to 6.1.
Financials
Financial year 2025
MAKEEN Gas Equipment Belgium from Wavre, company number BE0783867094, closed financial year 2025 with a result of € -21,324 after tax. For that financial year MAKEEN Gas Equipment Belgium recorded a gross margin of € 592,119 and equity of € 29,176. Compared with financial year 2024, the result moved from € 33,193 to € -21,324. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 29,176
▼ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,324
▼ still € 33,193 profit in 2024
Profit after tax over the fiscal year.
€ 167,564
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -170,824.
People and assets in 2025
6.1
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 508,204
▼ 6% vs 2024
€ 83,300 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.
€ 7,018
▲ € 6,625 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 800,000
Loans from banks and other lenders, long and short.
€ 495,140
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 47,334
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 591,115 | € 941,276 | € 733,906 | € 592,119 | ▼ 19% |
| Profit after taxes | € 62,018 | € -244,711 | € 33,193 | € -21,324 | ▼ € 54,518 |
| Equity | € 262,018 | € 17,307 | € 50,501 | € 29,176 | ▼ 42% |
| Total debts | € 1,475,354 | € 1,764,020 | € 1,578,181 | € 1,397,789 | ▼ 11% |
| Cash | € 194,933 | € 180,815 | € 165,435 | € 167,564 | ▲ 1% |
| Retained profit | € 62,018 | € -182,693 | € -149,499 | € -170,824 | ▼ € 21,324 |
| Bank debt | € 650,000 | € 800,000 | € 800,000 | € 800,000 | |
| Balance sheet total | € 1,737,373 | € 1,781,328 | € 1,628,682 | € 1,426,965 | ▼ 12% |
| Employees (FTE) | 6.8 | 7.5 | 6.9 | 6.1 | ▼ 0.8 |
Key figures of MAKEEN Gas Equipment Belgium, 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 MAKEEN Gas Equipment Belgium?
What happened at MAKEEN Gas Equipment Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MAKEEN GAS EQUIPMENT ApS stepped down as director. NBB
- Tiago BARBOSA LEAO DE JACINTO MACHADO stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 21,324 (▼ € 54,518 vs 2024). Source: NBB ↗
- New establishment in Wavre. KBO
- MAKEEN GAS EQUIPMENT ApS became a director. NBB
- Tiago BARBOSA LEAO DE JACINTO MACHADO became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 62,018 profit in 2022 to € 21,324 loss in 2025.
Paid € 27,259 in corporate taxes since 2022.
Best year ever: 2022, with € 62,018 profit.
On average € 97,100 of value added per employee 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
The shares are held by MAKEEN GAS EQUIPMENT ApS (100%).
Directors
According to the 2025 annual accounts
Chairman of the board · represented by Soren MIKKELSEN
since 2022 · until 2028
Tiago BARBOSA LEAO DE JACINTO MACHADO
Managing director
since 2022 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Lavoisier 6
1300 Wavre
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
- 0783.867.094
- VAT number
- BE 0783.867.094
- Registered office
- Avenue Lavoisier 6, 1300 Wavre
- Names & denominations
- MAKEEN Gas Equipment Belgium · Kroch Equipment SA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 2022
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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