Active · per the CBE, 16 September 2026

MAI 68

BE0874938515

Rechtspersoon Private limited company 1 establishment

MAI 68 is a logistics company in Grâce-Hollogne. Private Limited, started on 7 July 2005, 1 establishment.

Rue de Loncin 234, 4460 Grâce-Hollogne

Behind the company: Fabienne Grutman .

Active for

21 year, 2 months

Financials

Financial year 2025

MAI 68 from Grâce-Hollogne, company number BE0874938515, closed financial year 2025 with a result of € 63,159 after tax. For that financial year MAI 68 recorded a gross margin of € 387,573 and equity of € 789,963. Compared with financial year 2024, the result moved from € 36,454 to € 63,159. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.

What it is worth Growing

€ 789,963

▲ 9% vs 2024

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

Profit Growing

€ 63,159

▲ 73% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 188,699

▲ 5% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 714,963.

People and assets in 2025

Full-time equivalents

4.5

▲ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 157,151

▲ 2% vs 2024

€ 34,900 per full-time equivalent. 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

€ 954

▼ 78% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 594,853

▼ 20% vs 2024

€ 148,942 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 42,885

▼ 70% vs 2024

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

Taxes and wages

€ 57,446

▲ 22% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 322,931 € 365,350 € 349,521 € 387,573 ▲ 11%
Profit after taxes € 138,385 € 54,349 € 36,454 € 63,159 ▲ 73%
Equity € 636,001 € 690,350 € 726,804 € 789,963 ▲ 9%
Total debts € 1,517,282 € 1,383,493 € 1,207,892 € 984,607 ▼ 18%
Cash € 213,526 € 285,110 € 179,585 € 188,699 ▲ 5%
Land & buildings € 1,379,719 € 1,260,545 € 1,143,478 € 1,025,846 ▼ 10%
Retained profit € 561,001 € 615,350 € 651,804 € 714,963 ▲ 10%
Bank debt € 1,032,931 € 888,342 € 742,323 € 594,853 ▼ 20%
Balance sheet total € 2,153,283 € 2,073,843 € 1,934,696 € 1,774,570 ▼ 8%
Employees (FTE) - 5.3 4.4 4.5 ▲ 0.1

Key figures of MAI 68, 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 MAI 68?

What happened at MAI 68 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 63,159 (▲ 73% vs 2024). Source: NBB ↗
  • New establishment in Waremme. KBO
  • Start of the company according to the CBE. KBO

In short

From € 138,385 profit in 2022 to € 63,159 profit in 2025.

Paid € 105,138 in corporate taxes since 2022.

Best year ever: 2022, with € 138,385 profit.

On average € 86,100 of value added per employee in 2025.

Management

The stake of HG HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MAI 68

Behind MAI 68 is Fabienne Grutman . The shares are held by HG HOLDING (99%).

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Directors

According to the 2025 annual accounts

Fabienne Grutman

Director

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de Loncin 234

4460 Grâce-Hollogne

2.148.787.946

Chaussée Romaine (War) 222 box B

4300 Waremme

Active since 1 September 2005

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

Details

Company number
0874.938.515
VAT number
BE 0874.938.515
Registered office
Rue de Loncin 234, 4460 Grâce-Hollogne
Names & denominations
MAI 68
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
7 July 2005
Peppol
Active · Active since 11 Jun 2026
Activities · NACE

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Frequently asked questions

What does MAI 68 do?
MAI 68 is a logistics company in Grâce-Hollogne. Private Limited, started on 7 July 2005, 1 establishment.
What is the address of MAI 68?
The registered office of MAI 68 is located at Rue de Loncin 234, 4460 Grâce-Hollogne.
Is MAI 68 still active?
Yes. According to the CBE (16 September 2026) MAI 68 is active, legal situation “Normale toestand”, started on 7 July 2005.
Is MAI 68 registered on Peppol?
Yes, MAI 68 is registered on the Peppol network with ID 0208:0874938515.
What is the enterprise number of MAI 68?
The enterprise number of MAI 68 is BE0874938515.
When was MAI 68 founded?
MAI 68 was founded on 7 July 2005.