MAENE
ActiveMAENE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €323k and a net result of €33k. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 18016 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +30 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▲+51
Solvency100=
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 4.91 against 2.37 in 2024), and 4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
96%
Return on assets
9.8%
Age of the figures
8 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
3 d early
2023
2 d early
2022
6 d early
2021
5 d early
2020
31 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€323k▲ 11.4%
2024 · €290k
2018: €398k
2019: €398k
2020: €406k
2021: €374k
2022: €327k
2023: €323k
2024: €290k
2018 → 2025
Total assets
€337k▼ 19.9%
2024 · €420k
2018: €484k
2019: €480k
2020: €476k
2021: €425k
2022: €524k
2023: €470k
2024: €420k
2018 → 2025
Net result
€33k
2024 · €-21k
2018: €12k
2019: €479
2020: €23k
2021: €-10k
2022: €-10k
2023: €17k
2024: €-21k
2018 → 2025
Working capital
€48k▼ 28.8%
2024 · €67k
2018: €171k
2019: €184k
2020: €166k
2021: €125k
2022: €95k
2023: €74k
2024: €67k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€374k-€327k▼ 12.6%€323k▼ 1.1%€290k▼ 10.2%€323k▲ 11.4%
Operating result€-4k-€-5k▼ 20.1%€34k€-17k€40k
Net result€-10k-€-10k▲ 0.7%€17k€-21k€33k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €40k after a loss of €17k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €337k
Fixed assets
€276k▼ 9.0%
Current assets
€60k▼ 48.4%
Equity and liabilities €337k
Equity
€323k▲ 11.4%
Debt
€13k▼ 89.7%
The debt ratio falls from 31.0% to 4.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€79k▲
2024 · €30k
Cash flow
€73k▲
2024 · €26k
Solvency
96.0%▲
2024 · 69.0%
Current ratio
4.91▲
2024 · 2.37
Quick ratio
4.91▲
2024 · 1.25
Debt / equity
0.04▼
2024 · 0.45
ROE
10.3%▲
2024 · -7.4%
ROA
9.8%▲
2024 · -5.1%
Interest coverage
20.56▲
2024 · 3.97
Debt
€13k▼
2024 · €130k
Debt ≤ 1 year
€12k▼
2024 · €49k
Debt > 1 year
€0▼
2024 · €78k
Income taxes
€5k▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€420k€337k▼
Fixed assets21/28€304k€276k▼
Tangible fixed assets22/27€304k€276k▼
Land and buildings22€141k€122k▼
Plant, machinery and equipment23€15k€12k▼
Furniture and vehicles24€29k€137k▲
Leasing and similar rights25€114k€0▼
Other tangible fixed assets26€4k€4k=
Current assets29/58€117k€60k▼
Stocks and contracts in progress3€55k€0▼
Stocks30/36€55k€0▼
Amounts receivable within one year40/41€3k€114▼
Trade receivables40€90€90=
Other amounts receivable41€3k€24▼
Cash at bank and in hand54/58€47k€54k▲
Deferred charges and accrued income490/1€11k€6k▼
Equity and liabilities
Total equity and liabilities10/49€420k€337k▼
Equity10/15€290k€323k▲
Contributions10/11€6k€6k=
Reserves13€284k€317k▲
Distributable reserves133€284k€317k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€130k€13k▼
Amounts payable after more than one year17€78k€0▼
Financial debts170/4€78k€0▼
Amounts payable within one year42/48€49k€12k▼
Current portion of amounts payable after more than one year42€27k€0▼
Trade debts44€12k€950▼
Suppliers440/4€12k€950▼
Advances received on contracts in progress46€10k€0▼
Taxes, remuneration and social security45€91€11k▲
Taxes450/3€91€11k▲
Remuneration and social security454/9€0-
Other amounts payable47/48-€559
Accrued charges and deferred income492/3€3k€1k▼
Income statement
Code20242025
Non-recurring operating income76A€0€126k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€39k▼
Other operating charges640/8€10k€7k▼
Non-recurring operating charges66A€30k€2k▼
Gross operating margin9900€70k€88k▲
Operating profit (loss)9901€-17k€40k▲
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Financial charges65/66B€8k€4k▼
Recurring financial charges65€8k€4k▼
Profit (loss) for the period before taxes9903€-21k€38k▲
Income taxes67/77€0€5k▲
Profit (loss) for the period9904€-21k€33k▲
Profit (loss) for the period to be appropriated9905€-21k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€33k▲
Transfer from equity791/2€33k€0▼
Transfer to equity691/2€0€33k▲
To other reserves6921€0€33k▲
Profit to be distributed694/7€12k€0▼
Return on contributions (dividend)694€12k€0▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 4.91
Current ratio from 2.37 to 4.91; short-term debt falls from €49k to €12k.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-21k ▼226%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zedelgem · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brugsestraat 698211 ZedelgemGround area
1,161 m²
Building footprint
620 m²
Volume, LiDAR
3,250 m³
Parcel 31001B1174/00W002, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Maene
since 20002.061.207.042
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31001B1174/00W002 | Flanders | 1,161 m² | 1 · 620 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 211 companies in sector 47527 we hold annual accounts for 143. 105 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-03-1993
Fiscal year end31-12
Activities, NACEBEL
47527Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.