Maes & Hens
ActiveMaes & Hens has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €-22k. Equity is shrinking by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 12% of 27407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency16▼-34
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.05 against 1.65 in 2024), and 94.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5.8%
Return on assets
-11%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 27407 sector peers (2025).
NBB · sector comparisonPosition among 27407 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
87 d early
2023
29 d early
2022
24 d late
2021
33 d early
2020
9 d early
2019
14 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▼ 65.2%
2024 · €34k
2018: €24k
2019: €32k
2020: €25k
2021: €66k
2022: €76k
2023: €15k
2024: €34k
2018 → 2025
Total assets
€205k▲ 44.5%
2024 · €142k
2018: €167k
2019: €127k
2020: €95k
2021: €151k
2022: €194k
2023: €217k
2024: €142k
2018 → 2025
Net result
€-22k
2024 · €19k
2018: €11k
2019: €7k
2020: €-6k
2021: €41k
2022: €10k
2023: €-61k
2024: €19k
2018 → 2025
Working capital
€9k▼ 82.3%
2024 · €49k
2018: €15k
2019: €16k
2020: €11k
2021: €49k
2022: €59k
2023: €-6k
2024: €49k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€66k-€76k▲ 14.6%€15k▼ 80.2%€34k▲ 128%€12k▼ 65.2%
Operating result€44k-€11k▼ 75.0%€-56k€24k€-20k
Net result€41k-€10k▼ 76.4%€-61k€19k€-22k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €20k after €24k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €205k
Fixed assets
€9k▼ 48.6%
Current assets
€196k▲ 58.1%
Equity and liabilities €205k
Equity
€12k▼ 65.2%
Debt
€193k▲ 79.7%
The debt ratio rises from 75.7% to 94.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-12k▼
2024 · €33k
Cash flow
€-14k▼
2024 · €28k
Solvency
5.8%▼
2024 · 24.3%
Current ratio
1.05▼
2024 · 1.65
Quick ratio
1.05▼
2024 · 1.65
Debt / equity
16.11▲
2024 · 3.12
ROE
-187.5%▼
2024 · 56.2%
ROA
-11.0%▼
2024 · 13.6%
Interest coverage
-5.31▼
2024 · 6.98
Debt
€193k▲
2024 · €107k
Debt ≤ 1 year
€187k▲
2024 · €75k
Debt > 1 year
€6k▼
2024 · €25k
Staff costs
€0▼
2024 · €27k
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€142k€205k▲
Fixed assets21/28€18k€9k▼
Tangible fixed assets22/27€18k€9k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€9k€3k▼
Other tangible fixed assets26€4k€2k▼
Financial fixed assets28€450€450=
Current assets29/58€124k€196k▲
Stocks and contracts in progress3€0-
Contracts in progress37€0-
Amounts receivable within one year40/41€115k€189k▲
Trade receivables40€114k€188k▲
Other amounts receivable41€596€596=
Cash at bank and in hand54/58€8k€6k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€142k€205k▲
Equity10/15€34k€12k▼
Contributions10/11€40k€40k=
Reserves13€36k€36k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€35k€35k=
Profit (loss) carried forward14€-42k€-64k▼
Amounts payable17/49€107k€193k▲
Amounts payable after more than one year17€25k€6k▼
Financial debts170/4€25k€6k▼
Amounts payable within one year42/48€75k€187k▲
Current portion of amounts payable after more than one year42€19k€19k▼
Trade debts44€21k€94k▲
Suppliers440/4€21k€94k▲
Taxes, remuneration and social security45€5k€84▼
Taxes450/3€5k€84▼
Remuneration and social security454/9€0-
Other amounts payable47/48€30k€75k▲
Accrued charges and deferred income492/3€8k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€27k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Other operating charges640/8€528€414▼
Non-recurring operating charges66A€154€0▼
Gross operating margin9900€61k€-11k▼
Operating profit (loss)9901€24k€-20k▼
Financial income75/76B€25€40▲
Recurring financial income75€25€40▲
Financial charges65/66B€5k€2k▼
Recurring financial charges65€5k€2k▼
Profit (loss) for the period before taxes9903€19k€-22k▼
Profit (loss) for the period9904€19k€-22k▼
Profit (loss) for the period to be appropriated9905€19k€-22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-42k€-64k▼
Profit (loss) brought forward from the previous period14P€-61k€-42k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-61k ▼730%
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 49 days late
2018
01-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 32 days late
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-04-2024
Resigned as Director
Location & real-estate footprint
Registered office, Stekene · 1 establishment unit since 2014
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.
Dauwstraat(KEM) 669190 StekeneGround area
484 m²
Building footprint
96 m²
Volume, LiDAR
420 m³
Parcel 46011A0437/00M000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Maes & Hens
since 20142.233.495.868
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46011A0437/00M000 | Flanders | 484 m² | 1 · 96 m² | 6.9 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 to 2024 · 2 entries · 224 EUR awarded · 179 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 107 EUR | 62 EUR |
| 2023 | 1 | 117 EUR | 117 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
DMD DECOMOB DESIGN
BE 1001.301.405
Asse · Eq €12k
DK INTERIEUR
BE 0759.694.496
Ronse · Eq €12k
PORTABEL
BE 0890.177.908
Herstal · Eq €12k
MRW Belgium
BE 0718.833.544
Peer · Eq €12k
SW NOVO
BE 0800.024.920
Herk-de-Stad · Eq €12k
Of 19,947 companies in sector 43320 we hold annual accounts for 9,084. 5,020 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2014
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
16230Manufacture of other builders' carpentry and joinery
31002Manufacture of furniture
31004Manufacture of dining room, living room, bedroom and bathroom furniture
41001General construction of residential buildings
43230Insulation installation
43291Specialised construction activities
43332Laying of wooden floor and wall coverings
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 12 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.