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MAES RETAIL

Active
Public limited companyfounded 2025active for 1 yearReedonk(BOR) 12, 2880 Bornem, BelgiumKBO/BCE: BE 1028.438.936
Summary

MAES RETAIL has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25.6m and a net result of €9.0m. Its solvency ranks better than 11% of 6,056 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Activity
Wholesale of solid, liquid and gaseous fuels and related products
NACE 46810Retail sale of automotive fuel NACE 47300
2nd largest company by total assets in Bornem, Wholesale and retail trade sector266 sites
Size
€455.8mturnover 2025
Staff
29.6 FTE
Equity
€25.6m
Profit
€9.0m
Financial health
62 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Structure
Parent
Tankstation Beheer België · 100%
  • ESTREINDirector · permanent representative VAN RENS Gilbert Pierre Marie
Auditor: VCLJ BEDRIJFSREVISORENAccounts filed 31 days late
Why 62raises riskLiquidity: current ratio 1.07, cash €12.2mFounded in 2025Equity €25.6m (7.3% of total assets)lowers riskLegal form: public limited companyShow the evidence

Checked score

Score 2025
62 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 19% of its sector peers (NACE 46, small)
Financial strength
Weak
Solvency 32
equity 7.3% of total assets
Liquidity 4
short-term debt 92.6% · cash 3.5%
Profitability 58
return on assets 2.6%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,379 companies, NACE 46, small)
Credit of up to €1,550,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity tight (current ratio 1.07, below the usual 1.5; short-term debt: 92.6% and cash: 3.5% of total assets), and 92.7% 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 46, small): better than 10% on solvency, 4% on liquidity and 42% on profitability.

The bankruptcy probability was computed on 15-10-2026 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).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.07, cash €12.2m
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Equity €25.6m (7.3% of total assets)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 6056 sector peers (2025).
NBB · sector comparison
Position among 6056 sector peers
Solvency
better than 11%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
31 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. IncorporationAppointments: Estrein (director) and VCLJ…

Key points

  • Caution: Among the weakest 11% on solvencysector median 45.5% · 6,056 companies 7.3% View
  • Founded 12 months agofounded 01-10-2025 12 months View
  • Controlled by Tankstation Beheer Belgiëultimately: Hametha BV 100% View

By topic

Financials

Financial year
2025
Turnover
€455.8m
Profit
€9.0m
Solvency
7.3%
Go to Financials

Board & ownership

Board
1 member
Parent
Tankstation Beheer België · 100%
Auditor
VCLJ BEDRIJFSREVISOREN
  • ESTREINDirector
Go to Board & ownership

Company details

Sites
266
Legal form
Public limited company
Activity
Wholesale of solid, liquid and gaseous fuels and…NACE 46810
Founded
01-10-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
42
Who signs
Each director alone
Annual meeting
Third Friday of May at 19:00
Purpose
“Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen…” (deed in Dutch)
Go to Articles of association

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