Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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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 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAH&CO from Ternat, company number BE0791819908, closed financial year 2025 with a result of € -23,359 after tax. For that financial year MAH&CO recorded revenue of € 6,624 and equity of € -11,438. Compared with financial year 2024, the result moved from € -3,365 to € -23,359. 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 August 30, 2026.
€ -11,438
▼ € 23,359 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,359
▼ 594 % more loss than in 2024
Profit after tax over the fiscal year.
€ 883
▼ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -13,938.
People and assets in 2025
€ 16,510
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,481
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 32,604 | € 22,902 | € 6,624 | ▼ 71% |
| Gross margin | € 19,040 | € 8,464 | € -4,193 | ▼ € 12,657 |
| Profit after taxes | € 12,786 | € -3,365 | € -23,359 | ▼ € 19,993 |
| Equity | € 15,286 | € 11,921 | € -11,438 | ▼ € 23,359 |
| Total debts | € 22,770 | € 29,464 | € 31,045 | ▲ 5% |
| Cash | € 20,732 | € 4,949 | € 883 | ▼ 82% |
| Retained profit | € 12,786 | € 9,421 | € -13,938 | ▼ € 23,359 |
| Balance sheet total | € 38,056 | € 41,385 | € 19,607 | ▼ 53% |
By revenue, MAH&CO ranks 98th of 100 companies with main activity “Diensten voor personenvervoer op aanvraag per voertuig met chauffeur” in Flemish Brabant that publish figures (fiscal year 2025).
Key figures of MAH&CO, 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.
Ask about MAH&CO the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to MAH&CO?
What happened at MAH&CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 23,359. filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Vilvoorde. KBO
In short
From € 12,786 profit in 2023 to € 23,359 loss in 2025.
Paid € 1,042 in corporate taxes since 2023.
Best year ever: 2023, with € 12,786 profit.
Establishments
Establishment units
Physical locations of this company
Hertigemstraat 18
1742 Ternat
Stationlei 78 box 3.2
1800 Vilvoorde
Active since 4 October 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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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 ↗- MAHMOUDI Amine(oprichter) 34%
- MAHMOUDI Reda Abdellah(oprichter) 33%
- MAHMOUDI Adel(oprichter) 33%
Details
- Company number
- 0791.819.908
- VAT number
- BE 0791.819.908
- Registered office
- Hertigemstraat 18, 1742 Ternat
- Names & denominations
- MAH&CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 2022
- Peppol
- Active · Active since 1 Jan 2026
- Activities · NACE
Diensten voor personenvervoer op aanvraag per voertuig met chauffeur
Exploitatie van taxi's
Personenvervoer over de weg zonder dienstregeling
Diensten in verband met vervoer te land
Overig personenvervoer te land, n.e.g.