Financials
Financial year 2025
Maes Projects from Gent, company number BE0803110015, closed financial year 2025 with a result of € -22,577 after tax. For that financial year Maes Projects recorded a gross margin of € -6,665 and equity of € 9,282. Compared with financial year 2024, the result moved from € 26,860 to € -22,577. The company made a loss. The buffer shrank hard: equity is 71 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 5, 2026.
€ 9,282
▼ 71% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,577
▼ still € 26,860 profit in 2024
Profit after tax over the fiscal year.
€ 403
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4,282.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 305
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 27,076
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 29,197
▼ 17% vs 2024
€ 6,575 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1,666
▲ 122% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,571
▼ 74% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 45,447 | € -6,665 | ▼ € 52,112 |
| Profit after taxes | € 26,860 | € -22,577 | ▼ € 49,437 |
| Equity | € 31,860 | € 9,282 | ▼ 71% |
| Total debts | € 51,581 | € 37,765 | ▼ 27% |
| Cash | € 24,626 | € 403 | ▼ 98% |
| Land & buildings | € 0 | € 2,177 | |
| Retained profit | € 26,860 | € 4,282 | ▼ 84% |
| Bank debt | € 35,306 | € 29,197 | ▼ 17% |
| Balance sheet total | € 83,441 | € 47,047 | ▼ 44% |
Key figures of Maes Projects, 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 April 2027.
What happened to Maes Projects?
What happened at Maes Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 22,577 (▼ € 49,437 vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- Tom Maes became a director. NBB
- New establishment in Gent. KBO
In short
From € 26,860 profit in 2024 to € 22,577 loss in 2025.
Paid € 9,691 in corporate taxes since 2024.
Best year ever: 2024, with € 26,860 profit.
Management
Behind Maes Projects is Tom Maes.
Directors
According to the 2025 annual accounts
Tom Maes
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Pijkestraat 53
9041 Gent
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 ↗- MAES, Tom(oprichter) 100%
Details
- Company number
- 0803.110.015
- VAT number
- BE 0803.110.015
- Registered office
- Pijkestraat 53, 9041 Gent
- Names & denominations
- Maes Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2023
- Peppol
- Active · Active since 9 Sept 2025
- Activities · NACE
Verspanend bewerken van metalen
Reparatie en onderhoud van andere civiele transportmiddelen
Vervaardiging van buizen, pijpen, holle profielen en fittings daarvoor, van staal
Reparatie en onderhoud van machines