Financials
Financial year 2024
MAEHDROS from Huy, company number BE0875036901, closed financial year 2024 with a result of € 312,885 after tax. For that financial year MAEHDROS recorded a gross margin of € 475,234 and equity of € 337,087. Compared with financial year 2023, the result moved from € 11,842 to € 312,885. 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 October 13, 2025.
€ 337,087
▲ 107% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 312,885
▲ € 301,044 vs 2023
Profit after tax over the fiscal year.
€ 127,887
▲ € 120,108 vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 138,500 paid out
44 % of the profit went to the shareholders, mostly to Telinvia SRL (100 % of the shares). That is where the money ends up.
People and assets in 2024
1.8
Average over the fiscal year, from the social balance sheet.
€ 93,079
▼ 62% vs 2023
€ 51,700 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.
€ 147,787
▲ 79% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 378,572
▲ 38% vs 2023
€ 116,647 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 14,391
▼ 80% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 24,372
▲ 42% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 356,429 | € 365,886 | € 416,876 | € 475,234 | ▲ 14% |
| Profit after taxes | € 38,246 | € 19,723 | € 11,842 | € 312,885 | ▲ € 301,044 |
| Equity | € -40,814 | € 181,732 | € 162,702 | € 337,087 | ▲ 107% |
| Total debts | € 485,537 | € 495,598 | € 448,435 | € 451,917 | ▲ 1% |
| Cash | € 67,416 | € 108,147 | € 7,779 | € 127,887 | ▲ € 120,108 |
| Land & buildings | - | - | € 191,850 | € 187,441 | ▼ 2% |
| Retained profit | € -234,164 | € -214,442 | € -272,384 | € -97,999 | ▲ € 174,385 |
| Dividend | € 0 | € 0 | € 70,000 | € 138,500 | ▲ 98% |
| Bank debt | € 103,848 | € 147,932 | € 274,005 | € 378,572 | ▲ 38% |
| Balance sheet total | € 444,723 | € 677,330 | € 611,137 | € 789,005 | ▲ 29% |
| Employees (FTE) | 4.9 | 5 | - | 1.8 |
Key figures of MAEHDROS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MAEHDROS?
What happened at MAEHDROS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 312,885 (▲ € 301,044 vs 2023). filed late Source: NBB ↗
- New establishment in Huy. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,246 profit in 2021 to € 312,885 profit in 2024.
Paid € 4,013 in corporate taxes since 2021.
Best year ever: 2024, with € 312,885 profit.
On average € 264,000 of value added per employee in 2024.
Establishments
Establishment units
Physical locations of this company
Rue Rioul 11 box RCH2
4500 Huy
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
Self-hosted
Hosting
MAEHDROS-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0875.036.901
- VAT number
- BE 0875.036.901
- Registered office
- Rue Rioul 11 bus RCH2, 4500 Huy
- Names & denominations
- MAEHDROS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 July 2005
- Peppol
- Active · Active since 21 Feb 2025
- Contact
- maehdros.be [email protected] 085236863
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