Summary
MAENHOUT is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €203,517 and a net result of -€4,389. Equity has been stable since 2018 (±1.9% per year). Its solvency ranks better than 24% of 6,692 sector peers (NACE 64, financial year 2025). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-02-2002 Normal situation
- Activity
- Activities of holding companies NACE 64210and 3 others
- Establishment unit
- 2.115.511.206 8000 Brugge, since 18-12-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Financial position
- Loss
- €4,389
- Equity
- €203,517
- ▼ 2.1%
- Total assets
- €931,990
- ▼ 7.4%
- 2025 accounts filed 31 days after the deadline
Signalsraises riskWeak solvency compared with the sector2025 accounts filed 31 days lateShow the evidence
Checked score
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
The company filed its last 7 accounts on average 32 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00493232.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 24 filings
Every figure per financial year
The operating result for 2025 is 11% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €471,155 | €424,028 | €463,749 | €531,692 | €472,961 |
| Mortgages, amount registered | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 |
| Mortgage mandates | €832,000 | €832,000 | €832,000 | €832,000 | €832,000 |
| Carrying value of the mortgaged assets | €625,865 | €596,754 | €567,643 | €538,531 | €702,961 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €28 | €77,938 | €199,529 |
| Financial fixed assets | - | €30,000 | - | - | - |
| Depreciation and write-downs of the year | €30,379 | €30,379 | €30,407 | €32,977 | €51,955 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €413 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36,026 | €36,026 | €29,537 | €30,379 | €30,379 | €30,407 | €32,977 | €51,955 | ▲ 57.5% |
| Other operating charges640/8 | - | - | - | €1,405 | €1,086 | €911 | €3,734 | €9,941 | ▲ 166% |
| Gross operating margin9900 | €69,561 | €47,374 | €46,390 | €19,626 | €28,553 | €41,980 | €71,663 | €100,583 | ▲ 40.4% |
| Operating profit (loss)9901 | €32,820 | €5,597 | €16,072 | -€12,159 | -€2,912 | €10,661 | €34,951 | €38,687 | ▲ 10.7% |
| Financial income75/76B | - | - | - | €1,287 | €226 | €845 | €2,246 | €10 | ▼ 99.5% |
| Recurring financial income75 | €1,377 | €835 | €2,281 | €1,287 | €226 | €845 | €2,246 | €10 | ▼ 99.5% |
| Financial charges65/66B | - | - | - | €8,662 | €6,170 | €9,693 | €27,619 | €43,828 | ▲ 58.7% |
| Recurring financial charges65 | €19,102 | €15,918 | €11,450 | €8,662 | €6,170 | €9,693 | €27,619 | €43,828 | ▲ 58.7% |
| Profit (loss) for the period before taxes9903 | €15,096 | -€9,486 | €6,903 | -€19,534 | -€8,857 | €1,814 | €9,578 | -€5,131 | - |
| Transfer from deferred taxes780 | - | - | - | €1,713 | €1,713 | €1,713 | €1,713 | €1,713 | = |
| Income taxes67/77 | €3,013 | €622 | €3,781 | €237 | €260 | €2,931 | €4,634 | €971 | ▼ 79.0% |
| Profit (loss) for the period9904 | €13,795 | -€8,396 | €4,834 | -€18,058 | -€7,404 | €595 | €6,657 | -€4,389 | - |
| Transfer from tax-exempt reserves789 | - | - | - | €5,144 | €5,144 | €5,144 | €5,144 | €5,144 | = |
| Profit (loss) for the period to be appropriated9905 | €18,939 | -€3,252 | €9,978 | -€12,914 | -€2,260 | €5,739 | €11,801 | €755 | ▼ 93.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.1m | €0.9m | €0.8m | €0.8m | €0.8m | €1.0m | €1.0m | €0.9m | ▼ 7.4% |
| Fixed assets21/28 | €0.8m | €0.8m | €0.8m | €0.7m | €0.7m | €0.7m | €0.8m | €0.9m | ▲ 19.7% |
| Tangible fixed assets22/27 | €0.7m | €0.7m | €0.7m | €0.6m | €0.6m | €0.6m | €0.6m | €0.8m | ▲ 23.8% |
| Land and buildings22 | - | - | - | €0.6m | €0.6m | €0.6m | €0.5m | €0.7m | ▲ 30.5% |
| Leasing and similar rights25 | - | - | - | - | - | - | €0.08m | €0.06m | ▼ 20.7% |
| Other tangible fixed assets26 | - | - | - | €0.01m | €0.01m | €0.008m | €0.007m | €0.006m | ▼ 17.7% |
| Financial fixed assets28 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Current assets29/58 | €0.2m | €0.1m | €0.08m | €0.03m | €0.04m | €0.3m | €0.3m | €0.03m | ▼ 86.6% |
| Stocks and contracts in progress3 | €0.08m | - | - | - | - | €0.2m | €0.2m | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | - | - | €0.2m | €0.2m | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €0.08m | €0.09m | €0.08m | €0.03m | €0.04m | €0.08m | €0.06m | €0.03m | ▼ 50.5% |
| Trade receivables40 | - | - | - | €0.003m | €0.02m | €0.006m | €0.001m | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €0.02m | €0.02m | €0.07m | €0.06m | €0.03m | ▼ 49.7% |
| Current investments50/53 | €172 | €172 | €172 | €172 | €172 | €173 | - | - | - |
| Cash at bank and in hand54/58 | €0.003m | €0.02m | €0.003m | €325 | €0.002m | €252 | €173 | €0.002m | ▲ 13× |
| Deferred charges and accrued income490/1 | - | - | - | €55 | €163 | €159 | €0 | €301 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.1m | €0.9m | €0.8m | €0.8m | €0.8m | €1.0m | €1.0m | €0.9m | ▼ 7.4% |
| Equity10/15 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 2.1% |
| Contributions10/11 | €0.01m | €0.01m | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 2.2% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | - | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.05m | €0.04m | €0.04m | €0.03m | €0.03m | ▼ 16.7% |
| Distributable reserves133 | - | - | - | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 0.5% |
| Provisions and deferred taxes16 | €0.02m | €0.02m | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | €0.009m | ▼ 16.7% |
| Deferred taxes168 | - | - | - | €0.02m | €0.01m | €0.01m | €0.01m | €0.009m | ▼ 16.7% |
| Amounts payable17/49 | €0.8m | €0.7m | €0.6m | €0.5m | €0.6m | €0.8m | €0.8m | €0.7m | ▼ 8.7% |
| Amounts payable after more than one year17 | €0.6m | €0.5m | €0.5m | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 18.5% |
| Financial debts170/4 | - | - | - | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 18.5% |
| Amounts payable within one year42/48 | €0.2m | €0.1m | €0.1m | €0.1m | €0.2m | €0.4m | €0.5m | €0.4m | ▼ 2.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.05m | €0.05m | €0.05m | €0.07m | €0.07m | ▼ 1.0% |
| Financial debts43 | - | - | - | - | - | €0.09m | €0.2m | €0.2m | ▼ 7.2% |
| Credit institutions430/8 | - | - | - | - | - | €0.09m | €0.2m | €0.2m | ▼ 7.2% |
| Trade debts44 | €0.004m | €0.02m | €0.01m | €0.009m | €0.006m | €0.02m | €0.01m | €0.003m | ▼ 80.1% |
| Suppliers440/4 | - | - | - | €0.009m | €0.006m | €0.02m | €0.01m | €0.003m | ▼ 80.1% |
| Advances received on contracts in progress46 | - | - | - | - | - | €0.003m | €0 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.006m | €0.005m | €0.009m | €0.009m | €0.01m | ▲ 17.5% |
| Taxes450/3 | - | - | - | €0.004m | €0.005m | €0.009m | €0.009m | €0.01m | ▲ 17.5% |
| Remuneration and social security454/9 | - | - | - | €0.002m | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.05m | €0.1m | €0.3m | €0.2m | €0.2m | ▲ 8.2% |
| Accrued charges and deferred income492/3 | - | - | - | €0.006m | €0.003m | €0.003m | €0.003m | €0.007m | ▲ 132% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,795 | -€8,396 | €4,834 | -€18,058 | -€7,404 | €595 | €6,657 | -€4,389 | - |
| + Depreciation and write-downs630 | €36,026 | €36,026 | €29,537 | €30,379 | €30,379 | €30,407 | €32,977 | €51,955 | ▲ 57.5% |
| Operating cash flow (approximation) | €49,821 | €27,631 | €34,371 | €12,321 | €22,975 | €31,002 | €39,635 | €47,566 | ▲ 20.0% |
| Investment in fixed assets (approximation) | - | €0 | -€12,683 | €0 | -€30,000 | -€28 | -€77,938 | -€199,484 | ▼ 156% |
| Change in cash | - | €14,634 | -€15,482 | -€2,240 | €2,126 | -€2,199 | -€79 | €2,109 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00493232 | |
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00433372 | |
| 31-12-2023 | abbreviated format | 30-08-2024 | 2024-00409025 | |
| 31-12-2022 | abbreviated format | 30-08-2023 | 2023-00374934 | |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20369069 | |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-58500202 | |
| 31-12-2019 | abbreviated format | 14-09-2020 | 2020-52600430 | |
| 31-12-2018 | abbreviated format | 29-08-2019 | 2019-53400315 | |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-55300008 | |
| 31-12-2016 | abbreviated format | 29-08-2017 | 2017-49100301 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 30-11-2022 Converted to available equity
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, onbepaalde duur”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Voor helft ten laste overdrager en helft ten laste koper(s), na aftrek van aandelen waarvan overdracht wordt voorgesteld”
Articles of association, deed of 30-11-2022 (in Dutch)
Network & group
Holdings and subsidiaries
2 holdingsHoldings 2
Source for every holding own accounts 2025
- MAENHOUT RENOVEERT APPARTEMENTENsubsidiaryEquity €82,718 Profit of €4,974 in 2025 (profit of €22,367 in 2024) Checked score 50100%
- VAN OOST RENOVATIESsubsidiaryEquity €67,848 Loss of €88,931 in 2024 (profit of €18,575 in 2023) Checked score 1999%
Board mandates elsewhere
1 board mandateCompanies at the same address
1 other companyConnections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Timeline
Acts, filings and financial milestones
28-05
Gazette deed
Registered office moved within BruggeNew seat: Langerei 62, 8000 Brugge · Previous seat: Krom Genthof 6 bus 6, 8000 Brugge2 points ▸
- Board meeting, 13-05-2025
- Registered-office move, Langerei 62,8000 Brugge
30-11
Gazette deed
Registered office moved within BruggeNew seat: 8000 Brugge, Krom Genthof 6 bus 6 · Previous seat: 8000 Brugge, Pater Damiaanstraat 18 · Resignation: MAENHOUT Kristof (director)11 points ▸
- General meeting, 21-10-2022
- Incorporation, 28-01-2002
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “beschikbaar voor toekomstige uitkeringen” (deed in Dutch)
- Director resignation, MAENHOUT Kristof (director)
- Director discharge, MAENHOUT Kristof (director)
- Director reappointment, MAENHOUT Kristof (director)
- Purpose change
- Registered-office move, 8000 Brugge,Krom Genthof 6 bus 6
- Capital
- Power of attorney
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBEnvironmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31804D0955/00X000 | Flanders | 411 m² | 1 · 141 m² | 12.4 m · 1 |
| 31805E0323/00L000 | Flanders | 158 m² | 1 · 91 m² | 19.2 m · 5 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.