MAE (0821.175.571): annual accounts, directors and company register

MAE

Antwerp ·KBO/BCE: BE 0821.175.571

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

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	3.0%	3.1%
10	5.6%	6.2%

Company
MAE Antwerp	€664,779	€254,667	91.0%	-
The LAB+ Antwerp	€735,768	€266,075	22.9%	-
OUTLETBELGIUM Geel	€739,445	€222,376	42.8%	2.5
DOWNTOWN Ghent	€636,156	€267,572	11.6%	-
HALLEUX Liège	€690,771	€261,870	79.8%	3.3
FOYRTEX Verviers	€601,136	€218,670	47.6%	-
CARRETEX Namur	€624,013	€261,966	43.2%	-

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Balance sheet: assets
`20/58`	664,779	685,204	732,371	691,621	544,537	425,708	456,248	382,126	356,648	304,428	305,187	268,970	251,447	231,765	262,279	161,904
`21/28`	9,178	12,664	15,302	11,583	11,674	12,873	1,593	11,381	23,152	31,891	43,817	55,439	69,520	80,321	94,930	103,094
`21`	-	-	-	-	-	0	0	2,133	4,692	7,251	9,811	12,370	14,929	17,489	20,048	22,607
`22/27`	9,178	12,664	15,302	11,583	11,674	12,873	1,593	9,248	18,460	24,640	34,006	43,069	54,591	62,833	74,882	80,486
`23`	428	913	445	772	1,099	1,969	1,087	8,170	16,661	23,387	32,286	42,474	53,692	60,855	71,825	76,351
`24`	441	1,853	3,371	2,441	1,065	253	507	1,078	1,799	1,253	1,720	595	899	1,978	3,056	4,135
`26`	8,308	9,897	11,486	8,370	9,510	10,651	0	-	-	-	-	-	-	-	-	-
`29/58`	655,601	672,540	717,069	680,038	532,863	412,834	454,655	370,745	333,496	272,537	261,370	213,531	181,927	151,444	167,349	58,810
`3`	255,975	274,223	233,296	217,702	124,535	135,832	104,479	77,559	144,636	101,474	148,039	146,402	120,616	98,740	106,623	43,600
`30/36`	255,975	274,223	233,296	217,702	124,535	135,832	104,479	77,559	144,636	101,474	148,039	146,402	120,616	98,740	106,623	43,600
`40/41`	55,703	55,446	27,059	30,287	28,905	80,090	142,055	125,221	18,231	5,563	9,363	10,314	4,560	19,368	5,002	5,668
`40`	8,029	0	2,516	0	642	2,521	-	1,875	6,485	289	289	1,191	-	14,054	-	666
`41`	47,674	55,446	24,543	30,287	28,263	77,569	142,055	123,346	11,746	5,273	9,074	9,123	4,560	5,313	5,002	5,002
`54/58`	338,053	337,486	451,927	426,779	378,450	195,235	207,694	167,965	170,629	164,983	102,968	56,815	56,751	33,336	55,724	8,142
`490/1`	5,871	5,385	4,788	5,270	973	1,677	427	-	-	518	1,000	-	-	-	-	1,400
Balance sheet: equity and liabilities
`10/49`	664,779	685,204	732,371	691,621	544,537	425,708	456,248	382,126	356,648	304,428	305,187	268,970	251,447	231,765	262,279	161,904
`10/15`	604,827	546,075	630,524	516,725	393,402	315,434	287,319	280,826	241,383	203,780	159,619	109,005	107,605	65,574	60,012	2,913
`10/11`	8,720	8,720	8,720	8,720	8,720	8,720	8,720	8,720	8,720	8,720	8,720	8,720	8,720	8,720	8,720	8,720
`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
`101`	-	-	-	-	-	-	9,880	9,880	9,880	9,880	9,880	9,880	9,880	9,880	9,880	9,880
`13`	455,207	398,315	482,765	368,965	245,643	167,675	139,559	133,067	93,623	56,020	1,860	1,860	1,860	1,860	1,860	-
`130/1`	-	-	0	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	-
`1311`	-	-	0	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-
`133`	455,207	398,315	482,765	367,105	243,783	165,815	137,699	131,207	91,763	54,160	-	-	-	-	-	-
`14`	140,899	139,039	139,039	139,039	139,039	139,039	139,039	139,039	139,039	139,039	149,039	98,425	97,025	54,994	49,432	-5,807
`17/49`	59,952	139,129	101,847	174,896	151,134	110,273	168,930	101,299	115,265	100,649	145,568	159,965	143,842	166,191	202,267	158,991
`17`	-	-	-	-	-	-	-	-	-	-	-	5,620	27,406	48,126	67,823	86,565
`170/4`	-	-	-	-	-	-	-	-	-	-	-	5,620	27,406	48,126	67,823	86,565
`42/48`	59,952	139,129	101,847	174,896	151,134	110,273	168,930	101,299	115,265	100,649	144,524	154,345	116,437	118,065	134,444	72,425
`43`	0	10,099	10,177	13,879	18,450	19,625	13,321	8,421	6,737	6,737	6,737	5,196	1,740	1,757	1,749	1,755
`430/8`	0	10,099	10,177	13,879	18,450	19,625	13,321	8,421	6,737	6,737	6,737	5,196	1,740	1,757	1,749	1,755
`44`	18,536	64,090	4,363	62,730	77,075	70,790	107,065	49,237	76,830	36,829	100,659	64,035	80,320	61,116	48,700	10,390
`440/4`	18,536	64,090	4,363	62,730	77,075	70,790	107,065	49,237	76,830	36,829	100,659	64,035	80,320	61,116	48,700	10,390
`45`	40,133	63,657	83,636	92,067	49,544	12,845	43,674	39,167	29,319	47,924	35,188	48,315	29,263	25,973	44,777	18,024
`450/3`	17,013	45,861	59,906	66,831	34,781	1,734	16,692	8,817	2,407	29,329	15,927	28,235	12,170	9,266	30,887	18,024
`454/9`	23,120	17,796	23,729	25,237	14,763	11,111	26,982	30,350	26,911	18,595	19,261	20,080	17,092	16,707	13,890	-
`47/48`	1,283	1,283	3,671	6,220	6,066	7,014	4,869	4,475	2,380	9,160	1,940	36,799	5,114	29,219	39,219	42,257
`492/3`	-	-	-	-	-	-	-	-	-	-	1,044	-	-	-	-	-
Income statement
`9900`	254,667	229,419	330,672	329,237	242,023	119,139	197,803	217,158	224,136	262,648	233,457	234,238	220,090	160,322	249,164	106,102
`62`	155,927	148,032	151,619	137,366	124,479	90,473	155,032	147,210	148,903	161,270	144,500	151,749	139,136	132,923	140,962	88,153
`630`	3,486	3,740	3,207	2,007	2,698	1,760	9,788	11,771	12,723	11,926	13,215	15,323	15,560	14,608	14,608	15,539
`640/8`	3,723	3,809	5,443	5,897	3,867	2,572	2,540	914	1,160	587	588	501	290	349	344	751
`9901`	91,532	73,837	170,404	183,967	110,978	24,334	30,443	57,263	61,351	88,866	75,154	66,665	65,104	12,442	93,250	1,659
`75/76B`	0	112	82	0	0	13,370	2	-	-	26	18	30	39	49	39	64
`75`	0	112	82	0	0	13,370	2	-	-	26	18	30	39	49	39	64
`65/66B`	9,444	8,237	8,606	6,717	1,702	2,153	15,802	1,734	1,739	2,655	2,394	3,005	3,841	4,840	6,086	7,531
`65`	9,444	8,237	8,606	6,717	1,702	2,153	15,802	1,734	1,739	2,655	2,394	3,005	3,841	4,840	6,086	7,531
`9903`	82,088	65,712	161,879	177,250	109,276	35,551	14,643	55,529	59,611	86,236	72,779	63,689	61,302	7,650	87,203	-5,807
`67/77`	23,336	18,955	48,080	53,928	31,308	7,435	8,151	16,086	22,008	32,076	22,164	22,289	19,271	2,088	30,104	-
`9904`	58,752	46,758	113,799	123,322	77,968	28,116	6,492	39,444	37,603	54,160	50,614	41,400	42,031	5,562	57,099	-5,807
`9905`	58,752	46,758	113,799	123,322	77,968	28,116	6,492	39,444	37,603	54,160	50,614	41,400	42,031	5,562	57,099	-5,807
Appropriation of the result
`9906`	197,791	185,797	252,839	262,362	217,008	167,155	145,532	178,483	176,643	203,200	149,039	138,425	97,025	54,994	51,292	-5,807
`14P`	139,039	139,039	139,039	139,039	139,039	-	-	-	-	-	-	-	-	-	-	-
`791/2`	1,860	131,207	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	58,752	46,758	113,799	123,322	77,968	28,116	6,492	39,444	37,603	54,160	-	-	-	-	1,860	-
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,860	-
`6921`	58,752	46,758	113,799	123,322	77,968	28,116	6,492	39,444	37,603	54,160	-	-	-	-	-	-
`694/7`	0	131,207	-	-	-	-	-	-	-	10,000	-	40,000	-	-	-	-
`694`	0	131,207	-	-	-	-	-	-	-	10,000	-	40,000	-	-	-	-
Social balance sheet
`9087`	3.9	2.3	2.1	2.3	1.9	2	2.8	2.9	3	2.4	2.4	2.4	2.4	2	2	1
Hours worked`1013`	4,201	3,807	3,902	3,715	3,193	2,549	5,050	5,017	5,016	4,064	4,064	4,064	4,064	3,340	3,340	1,670
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	31-08-2026	2026-00464056	PDF
31-12-2024	micro format	29-08-2025	2025-00435783	PDF
31-12-2023	abbreviated format	30-10-2024	2024-00519630	PDF
31-12-2022	abbreviated format	05-10-2023	2023-00479533	PDF
31-12-2021	abbreviated format	23-09-2022	2022-20434078	PDF
31-12-2020	abbreviated format	11-10-2021	2021-71600188	PDF
31-12-2019	abbreviated format	14-11-2020	2020-70600001	PDF
31-12-2018	micro format	22-08-2019	2019-48900083	PDF
31-12-2017	micro format	23-08-2018	2018-48700237	PDF
31-12-2016	micro format	17-08-2017	2017-44400097	PDF
31-12-2015	abbreviated format	02-08-2016	2016-39100237	PDF
31-12-2014	abbreviated format	26-08-2015	2015-49200222	PDF
31-12-2013	abbreviated format	07-07-2014	2014-28100143	PDF
31-12-2012	abbreviated format	14-08-2013	2013-42600316	PDF
31-12-2011	abbreviated format	04-07-2012	2012-26300320	PDF
31-12-2010	abbreviated format	11-07-2011	2011-28000580	PDF

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
95,018	77,577	173,611	185,975	113,676	26,094	40,231	69,034	74,073	100,792	88,369	81,988	80,664	27,050	107,858	17,199
62,238	50,498	117,006	125,330	80,667	29,876	16,280	51,215	50,326	66,086	63,829	56,723	57,591	20,170	71,707	9,732
0	1,101	6,926	1,916	1,499	13,040	0	0	3,983	0	1,593	1,242	4,759	0	6,444	118,633
567	-114,441	25,148	48,329	183,215	-12,459	39,729	-2,664	5,646	62,016	46,152	65	23,414	-22,388	47,582	-
595,649	533,411	615,222	505,141	381,728	302,561	285,725	269,445	218,231	171,888	116,846	59,186	65,490	33,379	32,906	-13,615
91.0%	79.7%	86.1%	74.7%	72.2%	74.1%	63.0%	73.5%	67.7%	66.9%	52.3%	40.5%	42.8%	28.3%	22.9%	1.8%
10.94	4.83	7.04	3.89	3.53	3.74	2.69	3.66	2.89	2.71	1.81	1.38	1.56	1.28	1.24	0.81
6.67	2.86	4.75	2.64	2.70	2.51	2.07	2.89	1.64	1.70	0.78	0.43	0.53	0.45	0.45	0.21
0.10	0.25	0.16	0.34	0.38	0.35	0.59	0.36	0.48	0.49	0.91	1.47	1.34	2.53	3.37	54.58
9.7%	8.6%	18.0%	23.9%	19.8%	8.9%	2.3%	14.0%	15.6%	26.6%	31.7%	38.0%	39.1%	8.5%	95.1%	-199.3%
8.8%	6.8%	15.5%	17.8%	14.3%	6.6%	1.4%	10.3%	10.5%	17.8%	16.6%	15.4%	16.7%	2.4%	21.8%	-3.6%
10.06	9.42	20.17	27.69	66.80	-	-	-	-	-	-	-	-	-	-	-

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	4	4	4	3	3
full-time	1	1	1	1	1
part-time	3	3	3	2	2
in full-time equivalents	3.8	3.8	2.5	2.3	2.8
	3.9	2.3	2.1	2.3	1.9
On a permanent contract	1	2	4	3	3
Joined	11	14	31	17	2
Left	11	14	30	17	1
Training hours	7	5	5	7	8

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	€1,101	€6,926	€1,916	€1,499
Financial fixed assets	€0	-	-	-	-
	€3,486	€3,740	€3,207	€2,007	€2,698

Overview

Lifetime

Key points

Equity

Turnover

Staff

Liquidity

Filings

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on MAE

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency91.0%

Current ratio10.94

Return on assets8.8%

Staff

Staff cost per FTE€39,981

Joined and leftlevel

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on MAE

Board & ownership

Board

Mandates through the years

Control

Capital

Owners through the years

Articles of association

Shareholders

Owners 2

Network & group

No group

Connections & network

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Location

in euro

in euro

91.0%

10.94

8.8%

€39,981

level