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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Maecenas Group from Hasselt, company number BE0835693897, closed financial year 2025 with a result of € -41,885 after tax. For that financial year Maecenas Group recorded a gross margin of € 18,841 and equity of € 4.9 million. Compared with financial year 2024, the result moved from € -268,736 to € -41,885. 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 July 31, 2026.
€ 4.9 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -41,885
▲ 84 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,265
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.2 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 2.3 million
▲ 10% vs 2024
Loans from banks and other lenders, long and short.
€ 66,083
▲ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -17,401 | € -5,437 | € -6,099 | € 18,841 | ▲ € 24,940 |
| Profit after taxes | € -83,476 | € -76,368 | € -268,736 | € -41,885 | ▲ € 226,851 |
| Equity | € 5,248,012 | € 5,171,644 | € 4,902,909 | € 4,861,024 | ▼ 1% |
| Total debts | € 1,327,308 | € 2,038,330 | € 2,291,162 | € 2,390,375 | ▲ 4% |
| Cash | € 2,384 | € 2,049 | € 3,367 | € 3,265 | ▼ 3% |
| Retained profit | € 3,582,314 | € 3,505,946 | € 3,237,210 | € 3,195,326 | ▼ 1% |
| Bank debt | € 1,195,692 | € 1,979,047 | € 2,100,093 | € 2,310,168 | ▲ 10% |
| Balance sheet total | € 6,575,320 | € 7,209,974 | € 7,194,071 | € 7,251,399 | ▲ 1% |
Key figures of Maecenas Group, 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 Maecenas Group?
What happened at Maecenas Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- RAPHAEL VANSWARTENBROUCK stepped down as director. NBB
- ESO BV stepped down as director. NBB
- NAS BV stepped down as director. NBB
- THE BEEHIVE stepped down as director. NBB
- STEPHAN VANSWARTENBROUCK stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 41,885. Source: NBB ↗
- RAPHAEL VANSWARTENBROUCK became a director. NBB
- ESO BV became a director. NBB
In short
From € 83,476 loss in 2022 to € 41,885 loss in 2025.
A new publication or filing at Maecenas Group? 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
The stake of NAS, ESO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Maecenas GroupThe shares are held by NAS (37.5%) and ESO (25%). It owns 200% of ODIN VENTURES itself.
Directors
According to the 2025 annual accounts
RAPHAEL VANSWARTENBROUCK
Director
Also active at: LIBRECO, ASBECO, Asbest Care, Care For Future Group, FireWise
since 2024 · until 2030
since 2024 · until 2030
Director · represented by COENEN JONAS
Also active at: DeltaBlue, ODIN VENTURES, GUARDWAY, UMITAL
since 2024 · until 2030
Director · represented by VANDORMAEL DIMITRI
since 2024 · until 2030
STEPHAN VANSWARTENBROUCK
Director
Also active at: LIBRECO, SVM CONSULTING, ASBECO, Asbest Care, Care For Future Group, FireWise
since 2024 · until 2030
Participations
200%
Establishments
Establishment units
Physical locations of this company
Kempische steenweg 305 box 203
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →CORDIER BE
€ 1.9 million gross margin · 2025
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€ 18.8 million revenue · 2025
DeltaBlue same network
€ 1.5 million gross margin · 2025
KISWE MOBILE
€ 612,383 gross margin · 2025
NEWPOINT PROFESSIONALS
€ 3 million gross margin · 2025
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
Domain
Domain
maecenasgroup.com
Registered
2013-08-15
Registrar
Key-Systems GmbH
Expires
2026-08-15
Website info
Features
Security
Network
Details
- Company number
- 0835.693.897
- VAT number
- BE 0835.693.897
- Registered office
- Kempische steenweg 305 bus 203, 3500 Hasselt
- Names & denominations
- Maecenas Group
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 April 2011
- Peppol
- Not registered