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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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAËL from Gent, company number BE0877003031, closed financial year 2025 with a result of € -9,294 after tax. For that financial year MAËL recorded a gross margin of € 14,900 and equity of € 56,089. Compared with financial year 2024, the result moved from € -3,625 to € -9,294. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 8, 2025.
€ 56,089
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,294
▼ 156 % more loss than in 2024
Profit after tax over the fiscal year.
€ 230
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5,411.
Debts at end 2025
€ 20,903
▼ 49% vs 2024
€ 19,448 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 459
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 500
▲ € 420 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 25,693 | € 23,844 | € 16,904 | € 14,900 | ▼ 12% |
| Profit after taxes | € 4,227 | € 1,835 | € -3,625 | € -9,294 | ▼ € 5,669 |
| Equity | € 67,174 | € 69,009 | € 65,384 | € 56,089 | ▼ 14% |
| Total debts | € 168,037 | € 152,099 | € 134,128 | € 137,038 | ▲ 2% |
| Cash | € 2,282 | € 7,207 | € 216 | € 230 | ▲ 6% |
| Land & buildings | € 225,001 | € 210,928 | € 196,855 | € 189,782 | ▼ 4% |
| Retained profit | € 5,674 | € 7,509 | € 3,884 | € -5,411 | ▼ € 9,294 |
| Bank debt | € 79,874 | € 60,938 | € 41,290 | € 20,903 | ▼ 49% |
| Balance sheet total | € 235,211 | € 221,108 | € 199,512 | € 193,128 | ▼ 3% |
Key figures of MAËL, 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 January 2027.
What happened to MAËL?
What happened at MAËL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Peter DE CLERCQ stepped down as director. NBB
- Nancy SMETS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 9,294. Source: NBB ↗
- Peter DE CLERCQ became a director. NBB
- Nancy SMETS became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,227 profit in 2022 to € 9,294 loss in 2025.
Paid € 2,137 in corporate taxes since 2022.
Best year ever: 2022, with € 4,227 profit.
Management
Directors
According to the 2025 annual accounts
Peter DE CLERCQ
Director
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Botestraat 84
9032 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0877.003.031
- VAT number
- BE 0877.003.031
- Registered office
- Botestraat 84, 9032 Gent
- Names & denominations
- MAËL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 October 2005
- Peppol
- Active · Active since 20 Feb 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen