Equity
Equity fell by 79% in 19 years.
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 31% of them on solvency, 13% on liquidity and 19% on profitability.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 2,450 companies had the same profile as Maes has now. Each dot stands for 7 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Maes itself is lower: 0.2% within 12 months. It rests on far more data about Maes than the profile alone.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,450 companies, not a prediction for Maes. 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.
Liquidity is insufficient, with a current ratio of 0.13 (0.11 in 2023), below 1. Short-term debt is 73.4% and cash 9.9% of total assets. 73.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 12 days before the deadline. The Belgian median for financial year 2023 was 3 days before the deadline, and 40% of all filings were late.
Maes files the abbreviated format. That format states no turnover. The gross margin rose from -€25,717 in 2006 to €17,606 in 2025.
The balance sheet grew most from 2012 to 2014 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €50,000 and €300,000.
| Line | Trend | 2025 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
217,815 | 276,095 | 311,080 | 351,686 | 386,855 | 442,068 | 448,302 | 464,408 | 515,197 | 383,606 | 394,934 | 302,917 | 264,329 | 261,474 | 264,216 | 247,044 | 251,153 | 279,072 | 285,796 | |
21/28 |
196,281 | 253,270 | 281,789 | 311,446 | 353,848 | 392,620 | 420,492 | 436,796 | 443,149 | 321,550 | 335,674 | 222,635 | 182,464 | 183,531 | 41,158 | 15,856 | 29,475 | 37,958 | 19,351 | |
22/27 |
196,281 | 253,270 | 281,789 | 311,446 | 353,848 | 392,620 | 420,492 | 436,796 | 443,149 | 321,550 | 335,674 | 222,635 | 182,464 | 183,531 | 41,158 | 15,856 | 29,475 | 37,958 | 19,351 | |
22 |
184,989 | 235,443 | 266,697 | 292,557 | 318,417 | 345,836 | 373,603 | 401,371 | 397,483 | 257,573 | 273,102 | 133,872 | 144,009 | 154,694 | 3,806 | 3,032 | 4,833 | - | - | |
23 |
11,292 | 17,827 | 15,092 | 18,888 | 24,534 | 30,440 | 12,595 | 10,425 | 8,166 | 10,707 | 17,823 | 25,100 | 9,377 | 4,837 | 1,608 | 5,335 | 13,410 | 17,464 | 2,309 | |
24 |
- | - | - | - | 10,897 | 16,345 | 34,293 | 25,000 | 37,500 | 53,269 | 44,748 | 63,663 | 29,077 | 24,000 | 35,744 | 7,489 | 11,232 | 16,799 | 13,657 | |
26 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,695 | 3,385 | |
29/58 |
21,534 | 22,825 | 29,291 | 40,241 | 33,007 | 49,448 | 27,810 | 27,612 | 72,048 | 62,057 | 59,260 | 80,282 | 81,865 | 77,943 | 223,058 | 231,188 | 221,678 | 241,114 | 266,445 | |
3 |
- | - | - | - | - | 8,365 | 16,162 | - | 11,716 | 33,481 | 27,062 | 18,053 | 39,459 | 8,395 | 19,753 | 19,376 | 19,840 | - | - | |
30/36 |
- | - | - | - | - | 8,365 | 16,162 | - | 11,716 | 33,481 | 27,062 | 18,053 | 39,459 | 8,395 | 19,753 | 19,376 | 19,840 | - | - | |
40/41 |
- | - | 116 | - | - | - | 1,286 | 235 | 18,409 | 631 | 980 | 17,200 | 1,921 | 3,048 | 6,224 | 6,457 | 23,133 | 12,702 | 9,000 | |
40 |
- | - | 116 | - | - | - | 900 | - | 17,200 | - | - | 15,909 | - | - | - | - | - | 10,157 | 4,771 | |
41 |
- | - | - | - | - | - | 386 | 235 | 1,209 | 631 | 980 | 1,291 | 1,921 | 3,048 | 6,224 | 6,457 | 23,133 | 2,545 | 4,229 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 195,000 | 150,000 | - | - | |
54/58 |
21,534 | 22,446 | 28,796 | 39,803 | 32,115 | 40,915 | 9,328 | 19,317 | 41,922 | 27,832 | 31,218 | 45,029 | 40,317 | 66,500 | 197,081 | 10,355 | 28,705 | 228,389 | 257,445 | |
490/1 |
- | 379 | 379 | 438 | 892 | 169 | 1,034 | 8,060 | - | 112 | - | - | 169 | - | - | - | - | 23 | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
217,815 | 276,095 | 311,080 | 351,686 | 386,855 | 442,068 | 448,302 | 464,408 | 515,197 | 383,606 | 394,934 | 302,917 | 264,329 | 261,474 | 264,216 | 247,044 | 251,153 | 279,072 | 285,796 | |
10/15 |
58,032 | 73,807 | 88,393 | 103,612 | 115,076 | 140,329 | 144,783 | 141,859 | 173,404 | 215,518 | 210,541 | 262,628 | 261,403 | 260,568 | 263,260 | 244,942 | 249,210 | 267,610 | 274,920 | |
10/11 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
10 |
62,000 | 62,000 | 62,000 | 62,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
13 |
26,393 | 26,393 | 26,393 | 41,612 | 53,076 | 78,329 | 82,783 | 79,859 | 111,404 | 153,518 | 148,541 | 200,628 | 199,403 | 198,568 | 201,260 | 182,942 | 187,210 | 86,226 | 86,226 | |
130/1 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 3,099 | 3,099 | |
132 |
14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | 14,874 | |
133 |
5,319 | 5,319 | 5,319 | 20,539 | 32,003 | 57,256 | 61,709 | 58,785 | 90,330 | 132,444 | 127,467 | 179,555 | 178,329 | 177,495 | 180,186 | 161,868 | 166,136 | 68,253 | 68,253 | |
14 |
-30,361 | -14,586 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 119,384 | 126,694 | |
17/49 |
159,783 | 202,288 | 222,688 | 248,074 | 271,778 | 301,739 | 303,519 | 322,549 | 341,793 | 168,089 | 184,393 | 40,288 | 2,926 | 906 | 956 | 2,102 | 1,943 | 11,462 | 10,876 | |
42/48 |
159,783 | 202,288 | 222,688 | 248,074 | 271,778 | 301,739 | 303,519 | 322,549 | 337,107 | 163,403 | 184,393 | 40,288 | 2,627 | 465 | 847 | 363 | 1,943 | 11,462 | 10,876 | |
44 |
- | - | - | 1,138 | - | 675 | 301 | 1,920 | 20,108 | 1,192 | 9,670 | 18,389 | 809 | 465 | - | 16 | 854 | 9,968 | 3,985 | |
440/4 |
- | - | - | 1,138 | - | 675 | 301 | 1,920 | 20,108 | 1,192 | 9,670 | 18,389 | 809 | 465 | - | 16 | 854 | 9,968 | 3,985 | |
45 |
- | - | - | - | - | 6,600 | 604 | 387 | 817 | 821 | - | - | 1,818 | - | 847 | 347 | 1,089 | 1,182 | 1,182 | |
450/3 |
- | - | - | - | - | 6,600 | 604 | 387 | 817 | 821 | - | - | 1,818 | - | 847 | 347 | 1,089 | 1,182 | 1,182 | |
47/48 |
159,783 | 202,288 | 222,688 | 246,936 | 271,778 | 294,463 | 302,614 | 320,242 | 316,182 | 161,389 | 174,723 | 21,899 | - | - | - | - | - | 312 | 5,709 | |
492/3 |
- | - | - | - | - | - | - | - | 4,686 | 4,686 | - | - | 300 | 441 | 109 | 1,739 | - | - | - | |
| Income statement | ||||||||||||||||||||
76A |
2,731 | - | - | 4,103 | - | 12,500 | - | 4,400 | - | 21,790 | - | - | 2,066 | 0 | 12,250 | - | - | 486 | 13,000 | |
9900 |
17,606 | 13,934 | 17,306 | 22,878 | 16,627 | 37,162 | 48,675 | 13,863 | 25,497 | 28,317 | 11,400 | 38,628 | 25,412 | 25,434 | 19,100 | 9,998 | 1,842 | -537 | -25,717 | |
630 |
28,470 | 28,519 | 29,656 | 31,505 | 38,773 | 39,121 | 49,246 | 42,923 | 48,759 | 42,384 | 46,961 | 36,329 | 25,436 | 24,353 | 14,697 | 13,619 | 15,504 | 15,963 | 7,935 | |
635/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -22,254 | |
640/8 |
- | - | 2,487 | 2,477 | 3,044 | 2,502 | 2,465 | 2,862 | 2,559 | 2,401 | 891 | 1,591 | 2,496 | 2,125 | 2,068 | 2,009 | 14,137 | 1,127 | 1,087 | |
66A |
- | - | - | - | - | - | - | - | 16,500 | - | 16,000 | - | - | 2,400 | - | - | - | - | - | |
9901 |
-10,864 | -14,586 | -14,838 | -11,104 | -25,189 | -4,461 | -3,036 | -31,922 | -42,320 | -16,468 | -36,452 | 707 | -2,519 | -1,044 | 2,335 | -5,630 | -27,799 | -17,627 | -12,485 | |
75/76B |
- | - | 0 | 0 | 103 | 444 | 6,351 | 118 | 391 | 435 | 505 | 689 | 1,298 | 1,418 | 3,875 | 1,485 | 9,608 | 9,940 | 4,305 | |
75 |
- | - | 0 | 0 | 103 | 444 | 701 | 118 | 391 | 435 | 505 | 689 | 1,298 | 1,418 | 3,875 | 1,485 | 9,608 | 9,940 | 4,305 | |
76B |
- | - | - | - | - | - | 5,650 | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
- | - | 250 | 172 | 141 | 129 | 136 | 165 | 141 | 139 | 140 | 171 | 405 | 271 | 142 | 123 | 209 | 109 | 138 | |
65 |
- | - | 250 | 172 | 141 | 129 | 136 | 165 | 141 | 139 | 140 | 171 | 405 | 271 | 142 | 123 | 209 | 109 | 138 | |
9903 |
-10,864 | -14,586 | -15,088 | -11,276 | -25,226 | -4,145 | 3,178 | -31,969 | -42,070 | 5,618 | -52,087 | 1,226 | 439 | -2,296 | 18,318 | -4,268 | -18,400 | -7,310 | 4,682 | |
67/77 |
- | - | 132 | 188 | 27 | 308 | 254 | -424 | 44 | 641 | - | - | -395 | 395 | - | - | - | - | - | |
9904 |
-10,864 | -14,586 | -15,219 | -11,464 | -25,253 | -4,454 | 2,924 | -31,545 | -42,114 | 4,977 | -52,087 | 1,226 | 834 | -2,692 | 18,318 | -4,268 | -18,400 | -7,310 | 4,682 | |
9905 |
-10,864 | -14,586 | -15,219 | -11,464 | -25,253 | -4,454 | 2,924 | -31,545 | -42,114 | 4,977 | -52,087 | 1,226 | 834 | -2,692 | 18,318 | -4,268 | -18,400 | -7,310 | 4,682 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-30,361 | -14,586 | -15,219 | -11,464 | -25,253 | -4,454 | 2,924 | -31,545 | -42,114 | 4,977 | -52,087 | 1,226 | 834 | -2,692 | 18,318 | -4,268 | 100,984 | 119,384 | 126,694 | |
14P |
-19,497 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | 15,219 | 11,464 | 25,253 | 4,454 | - | 31,545 | 42,114 | - | 52,087 | - | - | 2,692 | - | 4,268 | - | - | - | |
691/2 |
- | - | - | - | - | - | 2,924 | - | - | 4,977 | - | 1,226 | 834 | - | 18,318 | - | 100,984 | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,101 | - | - | |
6921 |
- | - | - | - | - | - | 2,924 | - | - | 4,977 | - | 1,226 | 834 | - | 18,318 | - | 97,883 | - | - | |
| Document | ||||||||||||||||||||
The accounts for 25 older financial years (1980-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-10-2026.
2025 annual accounts filed 90 days after the deadline. Filed on 29 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00600090.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-10-2026 | 2026-00600090 | |
| 31-12-2023 | micro format | 27-08-2024 | 2024-00400786 | |
| 31-12-2022 | micro format | 29-06-2023 | 2023-00203366 | |
| 31-12-2021 | micro format | 09-06-2022 | 2022-20057756 | |
| 31-12-2020 | micro format | 10-06-2021 | 2021-19600495 | |
| 31-12-2019 | micro format | 25-06-2020 | 2020-21400292 | |
| 31-12-2018 | micro format | 04-07-2019 | 2019-27900202 | |
| 31-12-2017 | micro format | 28-06-2018 | 2018-23700469 | |
| 31-12-2016 | micro format | 30-06-2017 | 2017-24700013 | |
| 31-12-2015 | abbreviated format | 15-07-2016 | 2016-31800536 | |
| 31-12-2014 | abbreviated format | 16-07-2015 | 2015-31200204 | |
| 31-12-2013 | abbreviated format | 09-07-2014 | 2014-28500049 | |
| 31-12-2012 | abbreviated format | 05-07-2013 | 2013-28800384 | |
| 31-12-2011 | abbreviated format | 18-07-2012 | 2012-30800132 | |
| 31-12-2010 | abbreviated format | 24-06-2011 | 2011-19700579 | |
| 31-12-2009 | abbreviated format | 22-07-2010 | 2010-33300186 | |
| 31-12-2008 | abbreviated format | 31-07-2009 | 2009-50700321 | |
| 31-12-2007 | abbreviated format | 31-10-2008 | 2008-80800205 | |
| 31-12-2006 | abbreviated format | 31-10-2008 | 2008-80800210 | |
| 31-12-2005 | abbreviated format | 30-10-2006 | 2006-86203475 | |
| 31-12-2004 | abbreviated format | 07-10-2005 | 2005-81605019 | |
| 30-06-2003 | abbreviated format | 20-01-2004 | 2004-02003186 | |
| 30-06-2002 | abbreviated format | 15-01-2003 | 2003-01401713 | |
| 30-06-2001 | abbreviated format | 15-01-2002 | 2002-01305234 | |
| 30-06-2000 | abbreviated format | 17-01-2001 | 2001-02000322 | |
| 30-06-1999 | abbreviated format | 20-01-2000 | 2000-02100872 | |
| 30-06-1998 | abbreviated format | 18-01-1999 | 1999-01403427 | |
| 30-06-1997 | abbreviated format | 31-12-1997 | 1997-59502406 | |
| 30-06-1996 | abbreviated format | 31-12-1996 | 1996-55805219 | |
| 30-06-1995 | abbreviated format | 30-04-1996 | 1996-07300389 | |
| 30-06-1994 | abbreviated format | 07-02-1995 | 1995-02105197 | |
| 30-06-1993 | abbreviated format | 29-12-1993 | 1993-47804357 | |
| 30-06-1992 | abbreviated format | 23-12-1992 | 1992-41301205 | |
| 30-06-1991 | abbreviated format | 10-01-1992 | 1992-00500831 | |
| 30-06-1990 | abbreviated format | 06-12-1990 | 1990-29101490 | |
| 30-06-1989 | abbreviated format | 13-11-1989 | 1989-25504588 | |
| 30-06-1988 | abbreviated format | 14-10-1988 | 1988-22203439 | |
| 30-06-1986 | abbreviated format | 31-07-1987 | 1987-19404408 | |
| 30-06-1985 | abbreviated format | 02-12-1986 | 1986-44601339 | |
| 30-06-1984 | unclassified schema | 16-04-1985 | 1985-02001146 | |
| 30-06-1983 | unclassified schema | 05-03-1984 | 1984-00902154 | |
| 30-06-1982 | unclassified schema | 06-04-1983 | 1983-01402495 | |
| 30-06-1981 | unclassified schema | 25-03-1982 | 1982-01100883 | |
| 30-06-1980 | unclassified schema | 20-02-1981 | 1981-00601380 |
| Line | Trend | 2025 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 17,606 | 13,934 | 14,819 | 20,401 | 13,583 | 34,661 | 46,210 | 11,001 | 6,438 | 25,916 | 10,509 | 37,037 | 22,916 | 23,308 | 17,032 | 7,989 | -12,295 | -1,664 | -4,550 | ||
| 17,606 | 13,934 | 14,437 | 20,041 | 13,520 | 34,668 | 52,170 | 11,378 | 6,645 | 47,361 | -5,127 | 37,555 | 26,270 | 21,661 | 33,015 | 9,351 | -2,896 | 8,653 | 12,617 | ||
| - | 0 | 0 | -10,897 | 0 | 23,750 | 32,942 | 41,170 | 170,358 | 66,470 | 160,000 | 76,500 | 24,368 | 166,726 | 40,000 | 0 | 7,021 | 42,761 | - | ||
| - | -6,350 | -11,006 | 7,688 | -8,800 | 31,586 | -9,989 | -22,605 | 14,090 | -3,385 | -13,811 | 4,712 | -26,184 | -130,581 | 186,726 | -18,350 | -199,684 | -29,056 | - | ||
| -138,249 | -179,463 | -193,396 | -207,833 | -238,771 | -252,291 | -275,709 | -294,937 | -265,059 | -101,346 | -125,133 | 39,994 | 79,238 | 77,478 | 222,211 | 230,825 | 219,735 | 229,652 | 255,569 | ||
| 26.6% | 26.7% | 28.4% | 29.5% | 29.7% | 31.7% | 32.3% | 30.5% | 33.7% | 56.2% | 53.3% | 86.7% | 98.9% | 99.7% | 99.6% | 99.1% | 99.2% | 95.9% | 96.2% | ||
| 0.13 | 0.11 | 0.13 | 0.16 | 0.12 | 0.16 | 0.09 | 0.09 | 0.21 | 0.38 | 0.32 | 1.99 | 31.17 | - | - | - | - | 21.04 | 24.50 | ||
| 0.13 | 0.11 | 0.13 | 0.16 | 0.12 | 0.14 | 0.04 | 0.09 | 0.18 | 0.17 | 0.17 | 1.54 | 16.14 | - | - | - | - | 21.04 | 24.50 | ||
| 2.75 | 2.74 | 2.52 | 2.39 | 2.36 | 2.15 | 2.10 | 2.27 | 1.97 | 0.78 | 0.88 | 0.15 | 0.01 | 0.00 | 0.00 | 0.01 | 0.01 | 0.04 | 0.04 | ||
| -18.7% | -19.8% | -17.2% | -11.1% | -21.9% | -3.2% | 2.0% | -22.2% | -24.3% | 2.3% | -24.7% | 0.5% | 0.3% | -1.0% | 7.0% | -1.7% | -7.4% | -2.7% | 1.7% | ||
| -5.0% | -5.3% | -4.9% | -3.3% | -6.5% | -1.0% | 0.7% | -6.8% | -8.2% | 1.3% | -13.2% | 0.4% | 0.3% | -1.0% | 6.9% | -1.7% | -7.3% | -2.6% | 1.6% | ||
| - | - | 59.26 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is a loss of €10,864, against a loss of €14,586 in 2023. Comparable figures for the intervening years are unavailable.
Debt's share of the balance-sheet total is 73.4%.
Maes has no parent and no holdings in its annual accounts. Annie Van Mieghem is the only director. Maes shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Kouterstraat 151 registered office 9130 Beveren-Kruibeke-Zwijndrecht | ||
| Grote Kouterstraat 151 9120 Beveren-Kruibeke-Zwijndrecht 01110 Growing of cereals (except rice), leguminous crops and oil seeds | 01-07-1979 | 2.036.155.308 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 46012D0035/00D000 | 2,154 m² | 1 · 194 m² | 6.8 m · 1 |
| 46028C0586/00K000 | 766 m² | 1 · 153 m² | 6.6 m · 1 |
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