Skip to content

MAES

Active
Private limited companyfounded 1994active for 31 yearsVosselarestraat 73, 9850 Deinze, Belgium17 active companies are registered at this addressKBO/BCE: BE 0453.953.961
Summary

MAES has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,386 and a net result of -€25,101. Equity is shrinking by about 21% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 13% of 34,356 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Floor and wall tiling
NACE 43331
1 site
Size
€372,826total assets 2025
Equity
€28,386
Loss
-€25,101
Turnover not published (abbreviated or micro format)
Financial health
65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Structure
Accounts filed 16 days late0 of 4 deeds read
Why 65raises riskSector: Specialised construction activities (NACE 43)Loss of €25,101, the second in a row (financial year 2025)lowers riskSize: total assets €372,826Founded in 1994Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 13% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 33-3
equity 7.6% of total assets
Liquidity 11-6
short-term debt 74.4% · cash 1.0%
Profitability 45+41
return on assets -6.7%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,571 companies, NACE 43, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024lowest value 01-2025: 0.9%▲ +0.2 percentage points vs 12-2024 02-2025: 1.1%▲ +0.2 percentage points vs 01-2025 03-2025: 1.3%▲ +0.2 percentage points vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.5%▲ +0.2 percentage points vs 12-2025 02-2026: 2.0%▲ +0.5 percentage points vs 01-2026highest value 03-2026: 0.9%▼ -1.1 percentage points vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 0.9%● unchanged vs 07-2026 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.34, compared with 0.39 in 2024, below 1; short-term debt: 74.4% and cash: 1% of total assets), and 92.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (NACE 43, micro): better than 12% on solvency, 7% on liquidity, 22% on profitability and 9% on growth.

The bankruptcy probability was computed on 17-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €372,826
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €25,101, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 1994
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€25,101
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 34356 sector peers (2025).
NBB · sector comparison
Position among 34356 sector peers
Solvency
better than 13%
← weakest strongest →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-02-2026, 16 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
16 days late
2024
on the day
2023
on the day
2022
1 day early
2021
on the day
2020
20 days early
2019
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end17-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Weakest financial yearnet -€67,834

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€25,101 View
  • Caution: Among the weakest 6% on net resultsector median €10,255 · 34,343 companies -€25,101 View
  • Active since 1994founded 05-12-1994 31 years View

By topic

Financials

Financial year
2025
Total assets
€372,826
Loss
-€25,101
Solvency
7.6%
Total assets▼ 20.4%
Net result
20192025
Go to Financials

Timeline

Events
32
Since
1997
Next accounts
by 31-01-2027
  1. 31-01-2024Annual accounts filed
  2. 30-01-2023Annual accounts filed
  3. 30-06-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Floor and wall tilingNACE 43331
Founded
05-12-1994
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.