Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 34.3 to 28.9.
Financials
Financial year 2025
Maes Ind. from Herentals, company number BE0883188265, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year Maes Ind. recorded a gross margin of € 4 million and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 523,845 to € 1.2 million. 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 12, 2026.
€ 2.2 million
▲ 111% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▲ 124% vs 2024
Profit after tax over the fiscal year.
€ 318,689
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.2 million.
People and assets in 2025
28.9
▼ 3.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▼ 3% vs 2024
€ 77,800 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.
€ 296,954
▲ € 291,768 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 855,725
▼ 10% vs 2024
€ 318,098 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 943,669
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 268,284
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,763,406 | € 8,005,560 | - | - | |
| Gross margin | - | - | € 3,166,100 | € 4,049,852 | ▲ 28% |
| Profit after taxes | € 503,585 | € 60,933 | € 523,845 | € 1,172,825 | ▲ 124% |
| Equity | € 4,221,736 | € 4,282,670 | € 1,056,514 | € 2,229,339 | ▲ 111% |
| Total debts | € 3,846,599 | € 3,085,223 | € 2,486,593 | € 2,436,329 | ▼ 2% |
| Cash | € 459,510 | € 440,482 | € 577,029 | € 318,689 | ▼ 45% |
| Land & buildings | € 1,514,635 | € 0 | - | - | |
| Retained profit | € 4,203,136 | € 4,264,070 | € 1,037,914 | € 2,210,739 | ▲ 113% |
| Dividend | € 0 | € 0 | € 3,750,000 | € 0 | ▼ 100% |
| Bank debt | € 2,087,210 | € 1,560,396 | € 949,734 | € 855,725 | ▼ 10% |
| Balance sheet total | € 8,076,803 | € 7,367,893 | € 3,543,107 | € 4,665,668 | ▲ 32% |
| Employees (FTE) | 36.1 | 34.3 | 32.2 | 28.9 | ▼ 3.3 |
Key figures of Maes Ind., 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 Ind.?
What happened at Maes Ind. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.2 million (▲ 124% vs 2024). Source: NBB ↗
- M & M BV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Herentals. KBO
In short
From € 503,585 profit in 2022 to € 1.2 million profit in 2025.
Paid € 850,824 in corporate taxes since 2022.
Best year ever: 2025, with € 1.2 million profit.
On average € 140,100 of value added per employee in 2025.
A new publication or filing at Maes Ind.? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of HVAC INVESTMENT PARTNERS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Maes Ind.Behind Maes Ind. is M & M BV. The shares are held by Kempen Industries and HVAC INVESTMENT PARTNERS (100%).
Directors
According to the 2025 annual accounts
Director · represented by Jimmy Maes
Also active at: WPN ALGEMENE DAKWERKEN, GeoCalor, Kempen Real Estate, Kempen Industries, MAASFORTBAAN, Noaco
since 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hemeldonk(HRT) 1
2200 Herentals
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0883.188.265
- VAT number
- BE 0883.188.265
- Registered office
- Hemeldonk(HRT) 1, 2200 Herentals
- Names & denominations
- Maes Ind.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 August 2006
- Peppol
- Active · Active since 30 Jan 2026
- Activities · NACE
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