Equity
€134,438 from €573,874 in 2010
Equity fell by 77% in 15 years.
MAAF
Lifetime
20 annual accounts with figures on one time axis, 23 filings since 2003peak €2.0m (2013)
€29,389▼ 23.7%
lowest -€96,186 (2016)
-€5,156▼ €3,865
peak €573,874 (2010)
€134,438▼ 3.7%
€69,995▲ 7.0%
peak 39.8 FTE (2013)
-not published
Board1 name since 2021
1 director
Documentsfilings and deeds
24-08-202624 days late
2025micro format
Gross margin from €38,542 to €29,389Loss of €5,156Cash from €22,619 to €32,141
Key points
from the 2025 annual accountsLosses
-€76,830 in five years
Every financial year from 2021 to 2025 closed with a loss. 2021 was the heaviest.
Staff
1 FTE from 39.8 in 2013
Between 2013 and 2025, 97% of the full-time equivalents disappeared.
Payment terms
615 days to suppliers
MAAF pays its suppliers 107 days earlier than in 2024. Customers pay 28 days earlier.
Filings
23 annual accounts since 2003
Seven of the last ten came late. The 2019 accounts came latest: 88 days after the end of the period.
Position in the sector
-€5,156
Lower net result than 84% of companies in building services and landscaping. Sector median €9,246 · 6,141 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as MAAF has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.5%
stopped another way
0.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for MAAF. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0479595615
First establishment
Albert Giraudlaan 75, Schaerbeek
Incorporation
published on 28-02-2003 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAAF Schaerbeek | €204,433 | €29,389 | 65.8% | - |
| CILDIR CLEAN Saint-Josse-ten-Noode | €199,169 | €34,157 | 38.1% | - |
| A&A Cleaning Services Vilvoorde | €198,435 | €32,587 | 96.5% | - |
| TED SERVICES Charleroi | €170,037 | €28,275 | 72.3% | - |
| 't KABOUTERLAND Temse | €224,974 | €32,244 | 65.4% | - |
| YOSS CLEANING Vilvoorde | €239,034 | €24,125 | 95.6% | - |
| T.A. CLEANING Schaerbeek | €237,710 | €29,387 | 95.1% | - |
These companies have the same main activity as MAAF: other building cleaning and industrial cleaning (NACE 81220). They are comparable in size and age: total assets between €170,000 and €239,000, founded between 2000 and 2008.
Official details
Source: KBO- Status
- Active since 20-02-2003Normal situation
- Activity
- Other building cleaning and industrial cleaningNACE 81220
- Establishment unit
- 2.126.935.1331030 Schaerbeek, since 04-04-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 23-03-2026
Insights on MAAF
MAAF files the micro format. That format states no turnover. The gross margin fell from €228,687 in 2006 to €29,389 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MAAF
- What is the company number of MAAF?
- The company number of MAAF is 0479.595.615. The VAT number is the same number with BE in front: BE 0479.595.615.
- Where is MAAF based?
- The registered office is at Albert Giraudlaan 75, 1030 Schaerbeek.Company details
- What does MAAF do?
- According to the KBO register, the main activity is other building cleaning and industrial cleaning (NACE 81220).
- What is the legal form of MAAF?
- MAAF is a private limited company (pre-2019) (BVBA).
- When was MAAF founded?
- MAAF was founded on 20-02-2003.
- Is MAAF still active?
- Yes, MAAF is an active enterprise in the KBO register.
- How many employees does MAAF have?
- MAAF had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MAAF?
- The turnover of MAAF was €48,370 in financial year 2025, according to the filed annual accounts.
- Is MAAF profitable?
- In financial year 2025, MAAF made a loss of €5,156.
- Where can I find the annual accounts of MAAF?
- MAAF filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAAF due?
- MAAF must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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