Financials
Financial year 2025
Maendeleo from Aarschot, company number BE0795291815, closed financial year 2025 with a result of € -93,041 after tax. For that financial year Maendeleo recorded a gross margin of € -184,626 and equity of € 16.4 million. Compared with financial year 2024, the result moved from € 9.6 million to € -93,041. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 22, 2026.
€ 16.4 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -93,041
▼ still € 9.6 million profit in 2024
Profit after tax over the fiscal year.
€ 940,898
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 9.5 million.
People and assets in 2025
€ 108,721
▲ 117% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 194,412
▲ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 297
Loans from banks and other lenders, long and short.
€ 6,371
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,327
▼ 98% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -168,458 | € -184,626 | ▼ € 16,168 |
| Profit after taxes | € 9,603,962 | € -93,041 | ▼ € 9.7 million |
| Equity | € 16,496,837 | € 16,403,796 | ▼ 1% |
| Total debts | € 941,559 | € 149,051 | ▼ 84% |
| Cash | € 919,068 | € 940,898 | ▲ 2% |
| Land & buildings | - | € 111,360 | |
| Retained profit | € 9,603,962 | € 9,510,921 | ▼ 1% |
| Bank debt | € 0 | € 297 | |
| Balance sheet total | € 17,438,396 | € 16,552,847 | ▼ 5% |
Key figures of Maendeleo, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Maendeleo?
What happened at Maendeleo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 93,041 (▼ € 9.7 million vs 2024). Source: NBB ↗
- New establishment in Aarschot. KBO
- Start of the company according to the CBE. KBO
In short
From € 9.6 million profit in 2024 to € 93,041 loss in 2025.
Paid € 961,083 in corporate taxes since 2024.
Best year ever: 2024, with € 9.6 million profit.
A new publication or filing at Maendeleo? We notify you, reason included.
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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 Maendeleo are Tom Maex, Jeff Maex, Egidius Maex and Kim Maex. Jeff Maex is also behind Music Is The Answer.
Directors
According to the 2025 annual accounts
Tom Maex
Director
Egidius Maex
Director
Kim Maex
Director
Establishments
Establishment units
Physical locations of this company
Blakerstraat 44
3201 Aarschot
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0795.291.815
- VAT number
- BE 0795.291.815
- Registered office
- Blakerstraat 44, 3201 Aarschot
- Names & denominations
- Maendeleo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2022
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Activiteiten van geldmarkt- en niet-geldmarktbeleggingsfondsen
Beleggingstrusts en -fondsen en vergelijkbare financiële instellingen