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MAES-CORYN

Active
Private limited companyfounded 199629 yrs activeHillarestraat 43, 9160 Lokeren, BelgiumKBO/BCE: BE 0459.222.051

MAES-CORYN has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.26M and a net result of €94k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
88 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 42.46 against 34.56 in 2024; short-term debt: 2.1% and cash: 16.9% of total assets), and 2.3% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 29 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
97.7%
Return on assets
7.2%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-02-2026, 5 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
5 d late
2024
4 d late
2023
16 d late
2022
2 d late
2021
16 d late
2020
4 d late
2019
on the day
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close20-09-2026 today31-01-2027 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 2025, micro schema

Equity
€1.26M▲ 8.0%
2024 · €1.17M
2019: €723k 2020: €735k 2021: €1.47M 2022: €1.56M 2023: €1.69M 2024: €1.17M
2019 → 2025
Total assets
€1.29M▲ 7.1%
2024 · €1.21M
2019: €1.28M 2020: €1.19M 2021: €1.62M 2022: €1.60M 2023: €1.73M 2024: €1.21M
2019 → 2025
Net result
€94k▼ 31.2%
2024 · €136k
2019: €36k 2020: €12k 2021: €743k 2022: €92k 2023: €123k 2024: €136k
2019 → 2025
Working capital
€1.13M▲ 10.8%
2024 · €1.02M
2019: €-175k 2020: €-206k 2021: €1.24M 2022: €1.35M 2023: €1.50M 2024: €1.02M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.47M-€1.56M▲ 6.2%€1.69M▲ 7.8%€1.17M▼ 30.5%€1.26M▲ 8.0%
Operating result€-86k-€2k€41k▲ 2,583%€46k▲ 11.6%€77k▲ 68.3%
Net result€743k-€92k▼ 87.6%€123k▲ 33.7%€136k▲ 11.1%€94k▼ 31.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-250k€0€250k€500k€750kOperating result 2021: €-86k€-86kNet result 2021: €743k€743kOperating result 2022: €2k€2kNet result 2022: €92k€92kOperating result 2023: €41k€41kNet result 2023: €123k€123kOperating result 2024: €46k€46kNet result 2024: €136k€136kOperating result 2025: €77k€77kNet result 2025: €94k€94k20212022202320242025
The operating result has risen four years in a row; 2025 is 68% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.29M
Fixed assets €136k▼ 13.5%
Current assets €1.16M▲ 10.2%
Equity and liabilities €1.29M
Equity €1.26M▲ 8.0%
Provisions €1k▼ 19.9%
Debt €29k▼ 20.3%
The debt ratio falls from 3.0% to 2.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€107k
2024 · €78k
Cash flow
€124k
2024 · €168k
Solvency
97.7%
2024 · 96.8%
Current ratio
42.46
2024 · 34.56
Quick ratio
42.46
2024 · 33.97
Debt / equity
0.02
2024 · 0.03
ROE
7.4%
2024 · 11.6%
ROA
7.2%
2024 · 11.3%
Interest coverage
124.51
2024 · 92.25
Debt
€29k
2024 · €36k
Debt ≤ 1 year
€27k
2024 · €30k
Income taxes
€29k
2024 · €30k
Staff costs
€535
2024 · €8k
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€1.21M€1.29M
Fixed assets21/28€157k€136k
Tangible fixed assets22/27€157k€136k
Land and buildings22€145k€119k
Plant, machinery and equipment23€5k€12k
Furniture and vehicles24€7k€4k
Financial fixed assets28€50€50=
Current assets29/58€1.05M€1.16M
Stocks and contracts in progress3€18k-
Stocks30/36€18k-
Amounts receivable within one year40/41€473k€528k
Trade receivables40€3k€10k
Other amounts receivable41€470k€518k
Current investments50/53€410k€410k=
Cash at bank and in hand54/58€148k€219k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€1.21M€1.29M
Equity10/15€1.17M€1.26M
Contributions10/11€1k€1k=
Reserves13€1.17M€1.26M
Tax-exempt reserves132€6k€4k
Distributable reserves133€1.16M€1.26M
Profit (loss) carried forward14€657€756
Provisions and deferred taxes16€2k€1k
Deferred taxes168€2k€1k
Amounts payable17/49€36k€29k
Amounts payable within one year42/48€30k€27k
Trade debts44€582€12k
Suppliers440/4€582€12k
Taxes, remuneration and social security45€30k€15k
Taxes450/3€30k€15k
Accrued charges and deferred income492/3€6k€2k
Income statement Code20242025
Non-recurring operating income76A-€5k
Remuneration, social security and pensions62€8k€535
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€30k
Other operating charges640/8€1k€11k
Gross operating margin9900€87k€119k
Operating profit (loss)9901€46k€77k
Financial income75/76B€121k€47k
Recurring financial income75€121k€47k
Financial charges65/66B€844€860
Recurring financial charges65€844€860
Profit (loss) for the period before taxes9903€165k€123k
Transfer from deferred taxes780€371€371=
Income taxes67/77€30k€29k
Profit (loss) for the period9904€136k€94k
Transfer from tax-exempt reserves789€1k€1k=
Profit (loss) for the period to be appropriated9905€137k€95k
Appropriation of the result
Profit (loss) to be appropriated9906€161k€96k
Profit (loss) brought forward from the previous period14P€23k€657
Transfer from equity791/2€92k-
Transfer to equity691/2€137k€95k
To other reserves6921€137k€95k
Profit to be distributed694/7€115k-
Return on contributions (dividend)694€115k-

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
05-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
04-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
16-02
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 16 days late
2023
02-02
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
30-06
Financial Liquidity quadruplescurrent ratio 46.02
Current ratio from 10.35 to 46.02; short-term debt falls from €132k to €30k.
16-02
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 16 days late
2021
30-06
Financial Highest result since 2019net €743k ▲6108%
Net result €743k, the highest in the series.
30-06
Financial Liquidity times 20current ratio 10.35
Current ratio from 0.52 to 10.35; short-term debt falls from €425k to €132k.
30-06
Financial Equity above €1MEq €1.47M ▲100%
3 profitable years in a row build equity to €1.47M.
04-02
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 4 days late
2020
30-06
Financial Weakest financial yearnet €12k ▼66.9%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
31-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
05-02
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 5 days late
2018
29-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
22-12
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
5 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, Lokeren · 1 establishment unit since 1999
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.

Hillarestraat 439160 Lokeren
Ground area
1,730 m²
Building footprint
487 m²
Volume, LiDAR
2,496 m³
Parcel 46384C0993/00D000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hillarestraat 43, 9160 Lokeren
Air transport
since 19992.079.874.394
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46384C0993/00D000 Flanders 1,730 m² 1 · 487 m² 7.4 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

2024 · 1 entry · 1,387 EUR awarded · 1,387 EUR paid
Year Entries awardedpaid
2024 1 1,387 EUR1,387 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 1,387 EUR · 1,387 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

875500DF4UMQDHXWGL03
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 25,271 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded15-11-1996
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
64200Holdings
64210Activities of holding companies
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.