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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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Hades-M from Begijnendijk, company number BE0803979055, closed financial year 2025 with a result of € 15,249 after tax. For that financial year Hades-M recorded a gross margin of € 59,286 and equity of € 629,912. Compared with financial year 2024, the result moved from € 114,663 to € 15,249. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 629,912
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,249
▼ 87% vs 2024
Profit after tax over the fiscal year.
€ 19,037
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 129,912.
People and assets in 2025
€ 2,965
▲ 96% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.2 million
▲ 114% vs 2024
Loans from banks and other lenders, long and short.
€ 60,662
▲ € 60,108 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,303
▼ 65% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 188,423 | € 59,286 | ▼ 69% |
| Profit after taxes | € 114,663 | € 15,249 | ▼ 87% |
| Equity | € 614,663 | € 629,912 | ▲ 2% |
| Total debts | € 2,690,530 | € 5,819,836 | ▲ 116% |
| Cash | € 17,353 | € 19,037 | ▲ 10% |
| Retained profit | € 114,663 | € 129,912 | ▲ 13% |
| Bank debt | € 2,447,606 | € 5,247,606 | ▲ 114% |
| Balance sheet total | € 3,305,193 | € 6,449,748 | ▲ 95% |
Key figures of Hades-M, fiscal years 2024 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 Hades-M?
What happened at Hades-M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,249 (▼ 87% vs 2024). Source: NBB ↗
- New establishment in Begijnendijk. KBO
- Maxime Geerinckx became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 114,663 profit in 2024 to € 15,249 profit in 2025.
Paid € 68,741 in corporate taxes since 2024.
Best year ever: 2024, with € 114,663 profit.
Management
Behind Hades-M is Maxime Geerinckx. It owns 100% of ALCO and 11% of THE FIRMM itself.
Establishments
Establishment units
Physical locations of this company
Soelstraat 97
3130 Begijnendijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0803.979.055
- VAT number
- BE 0803.979.055
- Registered office
- Soelstraat 97, 3130 Begijnendijk
- Names & denominations
- Hades-M
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 2023
- Peppol
- Active · Active since 21 Oct 2026
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