What does MAES-VANRUSSELT do?

MAES-VANRUSSELT is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 27 September 2005, 1 establishment.

What is the address of MAES-VANRUSSELT?

The registered office of MAES-VANRUSSELT is located at Hovenierstraat 13, 3800 Sint-Truiden.

Is MAES-VANRUSSELT still active?

Yes. According to the CBE (2 November 2026) MAES-VANRUSSELT is active, legal situation “Normale toestand”, started on 27 September 2005.

Is MAES-VANRUSSELT registered on Peppol?

Yes, MAES-VANRUSSELT is registered on the Peppol network with ID 0208:0876293644.

What is the enterprise number of MAES-VANRUSSELT?

The enterprise number of MAES-VANRUSSELT is BE0876293644.

When was MAES-VANRUSSELT founded?

MAES-VANRUSSELT was founded on 27 September 2005.

Who are the directors of MAES-VANRUSSELT?

According to the 2025 annual accounts, the directors of MAES-VANRUSSELT are: Frederik Maes, Ann Vanrusselt.

Is MAES-VANRUSSELT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 September 2005; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MAES-VANRUSSELT make in 2025?

MAES-VANRUSSELT posted a profit after taxes of € 57,120 in financial year 2025.

What is the revenue of MAES-VANRUSSELT?

As a small company, MAES-VANRUSSELT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 51,878.

MAES-VANRUSSELT (Private Limited) - Sint-Truiden

Dossier MAES-VANRUSSELT, printed on 2 November 2026 from databakkes.be/en/0876293644/maes-vanrusselt. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MAES-VANRUSSELT from Sint-Truiden, company number BE0876293644, closed financial year 2025 with a result of € 57,120 after tax. For that financial year MAES-VANRUSSELT recorded a gross margin of € 51,878 and equity of € 422,843. Compared with financial year 2024, the result moved from € 42,553 to € 57,120. 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 26, 2026.

What it is worth Growing

€ 422,843

▲ 16% vs 2024

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

Profit Growing

€ 57,120

▲ 34% vs 2024

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 277,243.

Debts at end 2025

Bank debt ≈ 3 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.

€ 94,114

▼ 24% vs 2024

€ 33,330 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 648

▼ 19% vs 2024

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

Taxes

€ 7,293

▼ 3% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 52,815 Gross margin 2022: € 52,815 First fiscal year in the series	€ 34,003 Gross margin 2023: € 34,003 ▼ 36% vs 2022 (€ 52,815) Unfavourable step	€ 76,671 Gross margin 2024: € 76,671 ▲ 125% vs 2023 (€ 34,003) Favourable step	€ 51,878 Gross margin 2025: € 51,878 ▼ 32% vs 2024 (€ 76,671) Unfavourable step	▼ 32%
Profit after taxes	€ 28,569 Profit after taxes 2022: € 28,569 First fiscal year in the series	€ 14,539 Profit after taxes 2023: € 14,539 ▼ 49% vs 2022 (€ 28,569) Unfavourable step	€ 42,553 Profit after taxes 2024: € 42,553 ▲ 193% vs 2023 (€ 14,539) Favourable step	€ 57,120 Profit after taxes 2025: € 57,120 ▲ 34% vs 2024 (€ 42,553) Favourable step	▲ 34%
Equity	€ 308,631 Equity 2022: € 308,631 First fiscal year in the series	€ 323,170 Equity 2023: € 323,170 ▲ 5% vs 2022 (€ 308,631) Favourable step	€ 365,723 Equity 2024: € 365,723 ▲ 13% vs 2023 (€ 323,170) Favourable step	€ 422,843 Equity 2025: € 422,843 ▲ 16% vs 2024 (€ 365,723) Favourable step	▲ 16%
Total debts	€ 363,013 Total debts 2022: € 363,013 First fiscal year in the series	€ 351,769 Total debts 2023: € 351,769 ▼ 3% vs 2022 (€ 363,013) Favourable step	€ 325,083 Total debts 2024: € 325,083 ▼ 8% vs 2023 (€ 351,769) Favourable step	€ 300,321 Total debts 2025: € 300,321 ▼ 8% vs 2024 (€ 325,083) Favourable step	▼ 8%
Cash	-	€ 11,956 Cash 2023: € 11,956 First fiscal year in the series	€ 0 Cash 2024: € 0 ▼ 100% vs 2023 (€ 11,956) Unfavourable step	-
Retained profit	€ 163,031 Retained profit 2022: € 163,031 First fiscal year in the series	€ 177,570 Retained profit 2023: € 177,570 ▲ 9% vs 2022 (€ 163,031) Favourable step	€ 220,123 Retained profit 2024: € 220,123 ▲ 24% vs 2023 (€ 177,570) Favourable step	€ 277,243 Retained profit 2025: € 277,243 ▲ 26% vs 2024 (€ 220,123) Favourable step	▲ 26%
Bank debt	€ 169,534 Bank debt 2022: € 169,534 First fiscal year in the series	€ 142,781 Bank debt 2023: € 142,781 ▼ 16% vs 2022 (€ 169,534) Favourable step	€ 123,650 Bank debt 2024: € 123,650 ▼ 13% vs 2023 (€ 142,781) Favourable step	€ 94,114 Bank debt 2025: € 94,114 ▼ 24% vs 2024 (€ 123,650) Favourable step	▼ 24%
Balance sheet total	€ 671,644 Balance sheet total 2022: € 671,644 First fiscal year in the series	€ 674,939 Balance sheet total 2023: € 674,939 Unchanged (€ 671,644) Unchanged	€ 690,806 Balance sheet total 2024: € 690,806 ▲ 2% vs 2023 (€ 674,939) Unchanged	€ 723,165 Balance sheet total 2025: € 723,165 ▲ 5% vs 2024 (€ 690,806) Unchanged	▲ 5%

Key figures of MAES-VANRUSSELT, 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 MAES-VANRUSSELT?

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

May 26, 2026 New annual accounts for financial year 2025: profit of € 57,120 (▲ 34% vs 2024). Source: NBB ↗
Oct 24, 2005 New establishment in Sint-Truiden. KBO
Sep 27, 2005 Start of the company according to the CBE. KBO
2005 Frederik Maes became a director. NBB
2005 Ann Vanrusselt became a director. NBB

In short

From € 28,569 profit in 2022 to € 57,120 profit in 2025.

Paid € 42,705 in corporate taxes since 2022.

Best year ever: 2025, with € 57,120 profit.

Original PDFs at the National Bank ↗

Management

Frederik Maes

Ann Vanrusselt

MAES-VANRUSSELT

Brustempoort apotheek 100%

Behind MAES-VANRUSSELT are Frederik Maes and Ann Vanrusselt. It owns 100% of Brustempoort apotheek itself.

Directors

According to the 2025 annual accounts

Frederik Maes

Director

since 2005

Ann Vanrusselt

Director

Also active at: APOTHEEK BRUSTEMPOORT

since 2005

Establishments

Establishment units

Physical locations of this company

Registered office

Hovenierstraat 13

3800 Sint-Truiden

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

Details

Company number

0876.293.644

VAT number

BE 0876.293.644

Registered office

Hovenierstraat 13, 3800 Sint-Truiden

Names & denominations

MAES-VANRUSSELT

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

27 September 2005

Peppol

Active · Active since 24 Nov 2023

Activities · NACE

Activiteiten van holdings

Managementactiviteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

MAES-VANRUSSELT

Warning lights

Financials

What happened to MAES-VANRUSSELT?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions