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Maes & Hens

Active
Private limited companyfounded 2014active for 12 yearsDauwstraat(KEM) 66, 9190 Stekene, BelgiumKBO/BCE: BE 0543.932.844
Summary

The computed 12-month bankruptcy probability of Maes & Hens is 2.3% (moderate). The annual accounts of Maes & Hens for financial year 2025 show a net loss of 65% of the equity at the start of that year. The 2025 annual accounts show equity of €11,979 and a net result of -€22,466. Equity has been shrinking by about 9.4% per year since 2018. Its solvency ranks better than 12% of 34,972 sector peers (NACE 43, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 09-01-2014 Normal situation
Activity
Joinery installation NACE 43320and 7 others
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2024
Establishment unit
2.233.495.868 9190 Stekene, since 01-01-2014
Financial year end
31 December
Peppol
Reachable since 03-09-2025

Board and ownership

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.3%
Annual accounts 2025
Gross margin
-€11,149
Loss
€22,466
Equity
€11,979
▼ 65.2%
Total assets
€205,005
▲ 44.5%
Turnover not published (abbreviated or micro format)
Score breakdownraises riskLoss of €22,466 (financial year 2025)1 change of registered office in 24 monthsSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €205,005Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 8% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 31-18
equity 5.8% of total assets
Liquidity 4-26
short-term debt 91.3% · cash 2.9%
Profitability 5-81
return on assets -11.0%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 12-2024: 2.0% 01-2025: 2.0%● unchanged vs 12-2024 02-2025: 2.0%● unchanged vs 01-2025 03-2025: 2.0%● unchanged vs 02-2025 04-2025: 1.4%▼ -0.6 percentage points vs 03-2025 05-2025: 1.3%▼ -0.1 percentage points vs 04-2025 06-2025: 0.6%▼ -0.7 percentage points vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.5%▼ -0.1 percentage points vs 09-2025lowest value 11-2025: 0.9%▲ +0.4 percentage points vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 1.1%▲ +0.2 percentage points vs 03-2026 05-2026: 1.3%▲ +0.2 percentage points vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.4%▲ +0.1 percentage points vs 06-2026 08-2026: 2.3%▲ +0.9 percentage points vs 07-2026highest value 09-2026: 2.3%● unchanged vs 08-2026highest value 10-2026: 2.3%● unchanged vs 09-2026highest value 11-2026: 2.3%● unchanged vs 10-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.05 (1.65 in 2024), below the usual 1.5. Short-term debt is 91.3% and cash 2.9% of total assets. 94.2% of the assets are financed with debt and provisions.
Calculation

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 (NACE 43, micro). It does better than 11% of them on solvency, 4% on liquidity, 10% on profitability and 7% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €22,466 (financial year 2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €205,005
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 34972 sector peers (2025).
NBB · sector comparison
Position among 34972 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 filings
Deviation from the deadline
2025
7 days early
2024
87 days early
2023
29 days early
2022
24 days late
2021
33 days early
2020
9 days early
2019
14 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (4 of the last 5 accounts filed within 52 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 93% of companies in specialised constructionsector median €10,221 · 34,960 companies -€22,466 View

Recent changes

  1. · Gazette deed Registered office moved from Sint-Gillis-Waas to KemzekeNew seat: Dauwstraat66, 9190 Kemzeke · Previous seat: Reepstraat(SGW)194, 9170 Sint-Gillis-Waas · Resignation: Serge Hens (director)
  2. · Gazette deed 3 directors resigning, 3 reappointedResignations: HENS Serge Alois Dianne, HENS Karolien and MAES Pascal Gino Lea · Reappointments: HENS Serge Alois Dianne, HENS Karolien and MAES Pascal Gino Lea
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as Maes & Hens: joinery installation (NACE 43320). They are comparable in size and age: total assets between €203,000 and €244,000, founded between 2012 and 2015.

CompanyTotal assetsGross margin
Maes & Hens Stekene€205,005-€11,149
URPACO TRADING Zwevegem€203,507-€28,463
COMES SECURITY CENTER Lessines€202,652-€10,774
BELILIEGE Hasselt€233,916-€25,977
Houtcreatie Ghekiere Hooglede€226,929-€13,938
EUROCONST Schaarbeek€206,990-€115,023
Isovera Hasselt€243,976-€198,064
Full comparison

Key facts about Maes & Hens

What is the company number of Maes & Hens?
The company number of Maes & Hens is 0543.932.844. The VAT number is the same number with BE in front: BE 0543.932.844.
Where is Maes & Hens based?
The registered office is at Dauwstraat(KEM) 66, 9190 Stekene.Company details
What does Maes & Hens do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of Maes & Hens?
The legal form of Maes & Hens is Private limited company (BV).
When was Maes & Hens founded?
Maes & Hens was founded on 09-01-2014.
Is Maes & Hens still active?
Yes, Maes & Hens is an active enterprise in the KBO register.
How many employees does Maes & Hens have?
Maes & Hens had an average of 0.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does Maes & Hens fall under?
In its 2024 annual accounts, Maes & Hens states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of Maes & Hens?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
Is Maes & Hens profitable?
In financial year 2025, Maes & Hens made a loss of €22,466.
Where can I find the annual accounts of Maes & Hens?
Maes & Hens filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Maes & Hens due?
Maes & Hens must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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