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MAES

Active
Private limited companyfounded 199728 yrs activeTurnhoutsebaan 65, 2400 Mol, BelgiumKBO/BCE: BE 0461.943.989

MAES has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €102k and a net result of €19k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 65% of 18938 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2024
81 / 100
Excellent▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability94▼-6
Solvency77▲+5
Growth78=
Stability100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.44 in 2023), and 53.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 28 years 0 30 y
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €102k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
46 d late
2023
86 d late
2022
50 d late
2021
95 d late
2020
61 d late
2019
25 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€102k▲ 23.2%
2023 · €83k
2018: €14k 2019: €19k 2020: €-26k 2021: €13k 2022: €47k 2023: €83k
2018 → 2024
Total assets
€220k▲ 6.5%
2023 · €207k
2018: €54k 2019: €71k 2020: €63k 2021: €94k 2022: €117k 2023: €207k
2018 → 2024
Net result
€19k▼ 46.8%
2023 · €36k
2018: €-6k 2019: €5k 2020: €-45k 2021: €39k 2022: €34k 2023: €36k
2018 → 2024
Working capital
€38k▼ 10.3%
2023 · €42k
2018: €10k 2019: €8k 2020: €-41k 2021: €-5k 2022: €31k 2023: €42k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€-26k-€13k€47k▲ 254%€83k▲ 77.2%€102k▲ 23.2%
Operating result€-42k-€45k€52k▲ 14.3%€57k▲ 10.4%€39k▼ 31.4%
Net result€-45k-€39k€34k▼ 13.8%€36k▲ 7.6%€19k▼ 46.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50kOperating result 2020: €-42k€-42kNet result 2020: €-45k€-45kOperating result 2021: €45k€45kNet result 2021: €39k€39kOperating result 2022: €52k€52kNet result 2022: €34k€34kOperating result 2023: €57k€57kNet result 2023: €36k€36kOperating result 2024: €39k€39kNet result 2024: €19k€19k20202021202220232024
The operating result falls in 2024; 2024 is 31% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €220k
Fixed assets €75k▲ 8.8%
Current assets €145k▲ 5.4%
Equity and liabilities €220k
Equity €102k▲ 23.2%
Debt €118k▼ 4.7%
The debt ratio falls from 59.8% to 53.6%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€50k
2023 · €64k
Cash flow
€30k
2023 · €43k
Solvency
46.4%
2023 · 40.2%
Current ratio
1.35
2023 · 1.44
Quick ratio
1.27
2023 · 1.39
Debt / equity
1.15
2023 · 1.49
ROE
18.8%
2023 · 43.6%
ROA
8.7%
2023 · 17.5%
Interest coverage
5.50
2023 · 15.85
Debt
€118k
2023 · €124k
Debt ≤ 1 year
€107k
2023 · €96k
Debt > 1 year
€11k
2023 · €28k
Income taxes
€11k
2023 · €17k
Staff costs
€77k
2023 · €67k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€207k€220k
Fixed assets21/28€69k€75k
Tangible fixed assets22/27€69k€75k
Plant, machinery and equipment23€7k€4k
Furniture and vehicles24€3k€17k
Other tangible fixed assets26€59k€54k
Current assets29/58€138k€145k
Stocks and contracts in progress3€5k€9k
Stocks30/36€5k€9k
Amounts receivable within one year40/41€109k€105k
Trade receivables40€11k€4k
Other amounts receivable41€98k€100k
Cash at bank and in hand54/58€5k€6k
Deferred charges and accrued income490/1€18k€26k
Equity and liabilities
Total equity and liabilities10/49€207k€220k
Equity10/15€83k€102k
Contributions10/11€19k€19k=
Reserves13€1k€1k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€63k€83k
Amounts payable17/49€124k€118k
Amounts payable after more than one year17€28k€11k
Financial debts170/4€28k€11k
Amounts payable within one year42/48€96k€107k
Current portion of amounts payable after more than one year42€16k€18k
Financial debts43€13k€2k
Credit institutions430/8€13k€2k
Trade debts44€36k€54k
Suppliers440/4€36k€54k
Taxes, remuneration and social security45€31k€32k
Taxes450/3€28k€28k
Remuneration and social security454/9€3k€4k
Accrued charges and deferred income492/3€296€48
Income statement Code20232024
Remuneration, social security and pensions62€67k€77k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€11k
Other operating charges640/8€3k€6k
Gross operating margin9900€133k€133k
Operating profit (loss)9901€57k€39k
Financial income75/76B€0€26
Recurring financial income75€0€26
Financial charges65/66B€4k€9k
Recurring financial charges65€4k€9k
Profit (loss) for the period before taxes9903€53k€30k
Income taxes67/77€17k€11k
Profit (loss) for the period9904€36k€19k
Profit (loss) for the period to be appropriated9905€36k€19k
Appropriation of the result
Profit (loss) to be appropriated9906€63k€83k
Profit (loss) brought forward from the previous period14P€27k€63k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
15-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
31-12
Financial Equity above €100kEq €102k ▲23.2%
4 profitable years in a row build equity to €102k.
25-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 86 days late
2023
19-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 50 days late
2022
03-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 95 days late
2021
31-12
Financial Back to profitnet €39k
Net result €39k after one loss-making year.
30-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial Weakest financial yearnet €-45k ▼1087%
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
25-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
31-12
Financial Back to profitnet €5k
Net result €5k after one loss-making year.
20-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 51 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
25-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
2016
22-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
12 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, Mol · 1 establishment unit since 2012
establishment The establishment unit on the map
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.

Turnhoutsebaan 652400 Mol
Ground area
411 m²
Building footprint
145 m²
Volume, LiDAR
863 m³
Parcel 13432B0729/00L000, Flanders · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MAES
Turnhoutsebaan 65, 2400 MolFood and beverage service activities
since 20122.208.884.691
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13432B0729/00L000 Flanders 411 m² 1 · 145 m² 12.2 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.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid
Year Entries awardedpaid
2023 1 2,000 EUR2,000 EUR
Schemes
Hinderpremie bij openbare werken
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Mol2.208.884.691
1 permission
Toelating · Pita-house, pita-bar · since 01-03-2012

Dual-learning approval

2 ended

Similar companies · same sector, comparable size

Of 20,234 companies in sector 56111 we hold annual accounts for 11,312. 9,433 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-11-1997
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 25 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.