What does GRONDWERKEN MICHAEL MAES do?

GRONDWERKEN MICHAEL MAES is an earthmoving contractor in Zwevegem. Private Limited, started on 28 June 2011, 1 establishment.

What is the address of GRONDWERKEN MICHAEL MAES?

The registered office of GRONDWERKEN MICHAEL MAES is located at Zwevegemstraat(O) 74, 8553 Zwevegem.

Is GRONDWERKEN MICHAEL MAES still active?

Yes. According to the CBE (31 October 2026) GRONDWERKEN MICHAEL MAES is active, legal situation “Normale toestand”, started on 28 June 2011.

Is GRONDWERKEN MICHAEL MAES registered on Peppol?

Yes, GRONDWERKEN MICHAEL MAES is registered on the Peppol network with ID 0208:0837652012.

What is the enterprise number of GRONDWERKEN MICHAEL MAES?

The enterprise number of GRONDWERKEN MICHAEL MAES is BE0837652012.

When was GRONDWERKEN MICHAEL MAES founded?

GRONDWERKEN MICHAEL MAES was founded on 28 June 2011.

Who are the directors of GRONDWERKEN MICHAEL MAES?

According to the 2025 annual accounts, the directors of GRONDWERKEN MICHAEL MAES are: Stefanie Deschuijmere, Michael Maes.

Is GRONDWERKEN MICHAEL MAES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 June 2011; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did GRONDWERKEN MICHAEL MAES make in 2025?

GRONDWERKEN MICHAEL MAES posted a profit after taxes of € 66,665 in financial year 2025.

What is the revenue of GRONDWERKEN MICHAEL MAES?

As a small company, GRONDWERKEN MICHAEL MAES is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 279,882.

How much does an employee at GRONDWERKEN MICHAEL MAES earn?

The average wage cost per full-time employee at GRONDWERKEN MICHAEL MAES was € 62,300 in 2024: staff costs of € 80,935 for 1.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

Does GRONDWERKEN MICHAEL MAES have a website?

Yes, GRONDWERKEN MICHAEL MAES has a website at michaelmaes.be.

GRONDWERKEN MICHAEL MAES (Private Limited) - Zwevegem

Dossier GRONDWERKEN MICHAEL MAES, printed on 31 October 2026 from databakkes.be/en/0837652012/grondwerken-michael-maes. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

GRONDWERKEN MICHAEL MAES from Zwevegem, company number BE0837652012, closed financial year 2025 with a result of € 66,665 after tax. For that financial year GRONDWERKEN MICHAEL MAES recorded a gross margin of € 279,882 and equity of € 299,496. Compared with financial year 2024, the result moved from € 41,194 to € 66,665. Profitable, and profit is growing. 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 April 22, 2026.

What it is worth Healthy

€ 299,496

▼ 6% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 66,665

▲ 62% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 98,333

▲ 96% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 86,284 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Wage cost

€ 71,084

▼ 12% 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.

Vehicles and equipment

€ 40,211

▼ 38% vs 2024

Of which on lease € 18,515.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 313,930

▼ 24% vs 2024

€ 73,261 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 113,795

▲ 84% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 37,971

▲ 52% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 375,039 Gross margin 2022: € 375,039 First fiscal year in the series	€ 264,328 Gross margin 2023: € 264,328 ▼ 30% vs 2022 (€ 375,039) Unfavourable step	€ 249,979 Gross margin 2024: € 249,979 ▼ 5% vs 2023 (€ 264,328) Unfavourable step	€ 279,882 Gross margin 2025: € 279,882 ▲ 12% vs 2024 (€ 249,979) Favourable step	▲ 12%
Profit after taxes	€ 69,585 Profit after taxes 2022: € 69,585 First fiscal year in the series	€ 16,695 Profit after taxes 2023: € 16,695 ▼ 76% vs 2022 (€ 69,585) Unfavourable step	€ 41,194 Profit after taxes 2024: € 41,194 ▲ 147% vs 2023 (€ 16,695) Favourable step	€ 66,665 Profit after taxes 2025: € 66,665 ▲ 62% vs 2024 (€ 41,194) Favourable step	▲ 62%
Equity	€ 318,076 Equity 2022: € 318,076 First fiscal year in the series	€ 334,771 Equity 2023: € 334,771 ▲ 5% vs 2022 (€ 318,076) Favourable step	€ 319,115 Equity 2024: € 319,115 ▼ 5% vs 2023 (€ 334,771) Unfavourable step	€ 299,496 Equity 2025: € 299,496 ▼ 6% vs 2024 (€ 319,115) Unfavourable step	▼ 6%
Total debts	€ 959,322 Total debts 2022: € 959,322 First fiscal year in the series	€ 735,694 Total debts 2023: € 735,694 ▼ 23% vs 2022 (€ 959,322) Favourable step	€ 558,995 Total debts 2024: € 558,995 ▼ 24% vs 2023 (€ 735,694) Favourable step	€ 551,980 Total debts 2025: € 551,980 ▼ 1% vs 2024 (€ 558,995) Favourable step	▼ 1%
Cash	€ 4,192 Cash 2022: € 4,192 First fiscal year in the series	€ 40,514 Cash 2023: € 40,514 ▲ € 36,322 vs 2022 (€ 4,192) Favourable step	€ 50,107 Cash 2024: € 50,107 ▲ 24% vs 2023 (€ 40,514) Favourable step	€ 98,333 Cash 2025: € 98,333 ▲ 96% vs 2024 (€ 50,107) Favourable step	▲ 96%
Land & buildings	€ 526,324 Land & buildings 2022: € 526,324 First fiscal year in the series	€ 497,658 Land & buildings 2023: € 497,658 ▼ 5% vs 2022 (€ 526,324) Unchanged	€ 470,528 Land & buildings 2024: € 470,528 ▼ 5% vs 2023 (€ 497,658) Unchanged	€ 444,250 Land & buildings 2025: € 444,250 ▼ 6% vs 2024 (€ 470,528) Unchanged	▼ 6%
Retained profit	€ 299,476 Retained profit 2022: € 299,476 First fiscal year in the series	€ 316,171 Retained profit 2023: € 316,171 ▲ 6% vs 2022 (€ 299,476) Favourable step	€ 300,515 Retained profit 2024: € 300,515 ▼ 5% vs 2023 (€ 316,171) Unfavourable step	€ 280,896 Retained profit 2025: € 280,896 ▼ 7% vs 2024 (€ 300,515) Unfavourable step	▼ 7%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 56,850 Dividend 2024: € 56,850 Unchanged (€ 0) Unchanged	€ 86,284 Dividend 2025: € 86,284 ▲ 52% vs 2024 (€ 56,850) Unchanged	▲ 52%
Bank debt	€ 744,335 Bank debt 2022: € 744,335 First fiscal year in the series	€ 550,891 Bank debt 2023: € 550,891 ▼ 26% vs 2022 (€ 744,335) Favourable step	€ 415,219 Bank debt 2024: € 415,219 ▼ 25% vs 2023 (€ 550,891) Favourable step	€ 313,930 Bank debt 2025: € 313,930 ▼ 24% vs 2024 (€ 415,219) Favourable step	▼ 24%
Balance sheet total	€ 1,277,398 Balance sheet total 2022: € 1,277,398 First fiscal year in the series	€ 1,070,465 Balance sheet total 2023: € 1,070,465 ▼ 16% vs 2022 (€ 1,277,398) Unchanged	€ 878,110 Balance sheet total 2024: € 878,110 ▼ 18% vs 2023 (€ 1,070,465) Unchanged	€ 851,476 Balance sheet total 2025: € 851,476 ▼ 3% vs 2024 (€ 878,110) Unchanged	▼ 3%
Employees (FTE)	2 Employees (FTE) 2022: 2 First fiscal year in the series	2 Employees (FTE) 2023: 2 Unchanged (2) Unchanged	1.3 Employees (FTE) 2024: 1.3 ▼ 0.7 vs 2023 (2) Unchanged	-

Key figures of GRONDWERKEN MICHAEL MAES, fiscal years 2022 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 GRONDWERKEN MICHAEL MAES?

What happened at GRONDWERKEN MICHAEL MAES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 22, 2026 New annual accounts for financial year 2025: profit of € 66,665 (▲ 62% vs 2024). Source: NBB ↗
Jul 7, 2011 New establishment in Zwevegem. KBO
Jun 28, 2011 Start of the company according to the CBE. KBO

In short

From € 69,585 profit in 2022 to € 66,665 profit in 2025.

Paid € 61,846 in corporate taxes since 2022.

Best year ever: 2022, with € 69,585 profit.

On average € 192,300 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Stefanie Deschuijmere Michael Maes

GRONDWERKEN MICHAEL MAES

Behind GRONDWERKEN MICHAEL MAES are Stefanie Deschuijmere and Michael Maes.

Directors

According to the 2025 annual accounts

Stefanie Deschuijmere

Director

Michael Maes

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Zwevegemstraat(O) 74

8553 Zwevegem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS michaelmaes.be

Technologies

Apache

Hosting & Email

Email provider

Microsoft 365

Hosting

KNOWNSRV, GB

Website info

HTTPS Ja

Languages NL

Features

Security

✓ HTTPS

✓ SPF

✗ DMARC

Details

Company number

0837.652.012

VAT number

BE 0837.652.012

Registered office

Zwevegemstraat(O) 74, 8553 Zwevegem

Names & denominations

GRONDWERKEN MICHAEL MAES

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

28 June 2011

Peppol

Active · Active since 31 Aug 2023

Contact

michaelmaes.be

Activities · NACE

Bouwrijp maken van terreinen

Algemene bouw van andere niet-residentiële gebouwen

Algemene elektrotechnische installatiewerken

Slopen

View on CBE Public ↗ Annual accounts (NBB) ↗

GRONDWERKEN MICHAEL MAES

Financials

What happened to GRONDWERKEN MICHAEL MAES?

Management

Directors

Establishments

Establishment units

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions