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MAESTRO PUMPS

Active
Private limited companyfounded 200422 yrs activeEdemolenlaan 20, 9810 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0865.070.843

MAESTRO PUMPS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.40M and a net result of €1.60M. Equity is growing by ~65.6% per year across the filed fiscal years. Its solvency ranks better than 64% of 1027 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
100 / 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency98▲+2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550k at 30 days acceptable
Liquidity ample (current ratio 2.11 against 2.07 in 2024), and 42.2% 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 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 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies more bankruptcies →
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
57.8%
Return on assets
17.2%
Age of the figures
11 mo
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 22 years 0 30 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-04-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 d early
2024
2 d early
2023
15 d early
2022
18 d early
2021
2 d early
2020
29 d early
2019
28 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
15-09-2026 today30-09-2026 close30-04-2027 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, abbreviated schema

Equity
€5.40M▲ 42.2%
2024 · €3.79M
2019: €262k 2020: €429k 2021: €930k 2022: €1.69M 2023: €2.37M 2024: €3.79M
2019 → 2025
Total assets
€9.34M▲ 25.0%
2024 · €7.47M
2019: €1.41M 2020: €2.04M 2021: €2.71M 2022: €3.57M 2023: €4.46M 2024: €7.47M
2019 → 2025
Net result
€1.60M▲ 12.2%
2024 · €1.43M
2019: €82k 2020: €167k 2021: €501k 2022: €762k 2023: €924k 2024: €1.43M
2019 → 2025
Working capital
€3.27M▲ 6.0%
2024 · €3.08M
2019: €138k 2020: €257k 2021: €773k 2022: €1.42M 2023: €2.02M 2024: €3.08M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€930k-€1.69M▲ 82.0%€2.37M▲ 39.8%€3.79M▲ 60.4%€5.40M▲ 42.2%
Operating result€681k-€1.07M▲ 56.5%€1.26M▲ 18.6%€1.97M▲ 55.8%€2.20M▲ 11.7%
Net result€501k-€762k▲ 52.2%€924k▲ 21.2%€1.43M▲ 54.6%€1.60M▲ 12.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€1.00M€2.00MOperating result 2021: €681k€681kNet result 2021: €501k€501kOperating result 2022: €1.07M€1.07MNet result 2022: €762k€762kOperating result 2023: €1.26M€1.26MNet result 2023: €924k€924kOperating result 2024: €1.97M€1.97MNet result 2024: €1.43M€1.43MOperating result 2025: €2.20M€2.20MNet result 2025: €1.60M€1.60M20212022202320242025
The operating result has risen four years in a row; 2025 is 12% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.34M
Fixed assets €3.14M▲ 110%
Current assets €6.20M▲ 3.8%
Equity and liabilities €9.34M
Equity €5.40M▲ 42.2%
Debt €3.94M▲ 7.2%
The debt ratio falls from 49.2% to 42.2%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2.71M
2024 · €2.33M
Cash flow
€2.12M
2024 · €1.79M
Solvency
57.8%
2024 · 50.8%
Current ratio
2.11
2024 · 2.07
Quick ratio
1.67
2024 · 1.62
Debt / equity
0.73
2024 · 0.97
ROE
29.7%
2024 · 37.6%
ROA
17.2%
2024 · 19.1%
Interest coverage
38.00
2024 · 37.25
Debt
€3.94M
2024 · €3.68M
Debt ≤ 1 year
€2.93M
2024 · €2.89M
Debt > 1 year
€1.01M
2024 · €785k
Income taxes
€561k
2024 · €498k
Staff costs
€1.49M
2024 · €1.06M
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€7.47M€9.34M
Fixed assets21/28€1.50M€3.14M
Intangible fixed assets21-€9k
Tangible fixed assets22/27€1.49M€2.11M
Land and buildings22€0-
Plant, machinery and equipment23€574k€917k
Furniture and vehicles24€92k€105k
Leasing and similar rights25€637k€859k
Other tangible fixed assets26€186k€232k
Financial fixed assets28€6k€1.02M
Current assets29/58€5.98M€6.20M
Stocks and contracts in progress3€1.29M€1.31M
Stocks30/36€240k€257k
Contracts in progress37€1.05M€1.06M
Amounts receivable within one year40/41€3.21M€3.39M
Trade receivables40€3.08M€3.06M
Other amounts receivable41€130k€332k
Cash at bank and in hand54/58€1.41M€1.48M
Deferred charges and accrued income490/1€55k€22k
Equity and liabilities
Total equity and liabilities10/49€7.47M€9.34M
Equity10/15€3.79M€5.40M
Contributions10/11€8k€8k=
Reserves13€921k€921k=
Tax-exempt reserves132€56k€0
Distributable reserves133€866k€921k
Profit (loss) carried forward14€2.86M€4.47M
Amounts payable17/49€3.68M€3.94M
Amounts payable after more than one year17€785k€1.01M
Financial debts170/4€785k€1.01M
Amounts payable within one year42/48€2.89M€2.93M
Current portion of amounts payable after more than one year42€314k€497k
Financial debts43€38k€64k
Credit institutions430/8€38k€64k
Trade debts44€2.34M€2.09M
Suppliers440/4€2.34M€2.09M
Taxes, remuneration and social security45€205k€281k
Taxes450/3€62k€76k
Remuneration and social security454/9€143k€204k
Other amounts payable47/48€0-
Income statement Code20242025
Remuneration, social security and pensions62€1.06M€1.49M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€358k€515k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€12k€22k
Non-recurring operating charges66A€22k€0
Gross operating margin9900€3.42M€4.22M
Operating profit (loss)9901€1.97M€2.20M
Financial income75/76B€20k€36k
Recurring financial income75€20k€36k
Financial charges65/66B€62k€71k
Recurring financial charges65€62k€71k
Profit (loss) for the period before taxes9903€1.93M€2.16M
Income taxes67/77€498k€561k
Profit (loss) for the period9904€1.43M€1.60M
Transfer from tax-exempt reserves789€24k€56k
Profit (loss) for the period to be appropriated9905€1.45M€1.66M
Appropriation of the result
Profit (loss) to be appropriated9906€2.89M€4.52M
Profit (loss) brought forward from the previous period14P€1.44M€2.86M
Transfer to equity691/2€24k€56k
To other reserves6921€24k€56k
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)908715.519.5

The notes to these accounts (26 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

Next filing, fiscal year 2026, expected by 30-04-2027
2026
16-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial Highest result since 2019net €1.60M ▲12.2%
Operating result €2.20M, net result €1.60M, both a record.
30-09
Financial Equity above €5MEq €5.40M ▲42.2%
7 profitable years in a row build equity to €5.40M.
28-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
15-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial Equity above €2MEq €2.37M ▲39.8%
5 profitable years in a row build equity to €2.37M.
12-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial Equity above €1MEq €1.69M ▲82%
4 profitable years in a row build equity to €1.69M.
2021
29-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial Equity above €500kEq €930k ▲117%
3 profitable years in a row build equity to €930k.
2020
02-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
03-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
08-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
02-10
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
30-09
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
10 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, Nazareth-De Pinte · 1 establishment unit since 2004
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.

Edemolenlaan 209810 Nazareth-De Pinte
Ground area
1.1 ha
Building footprint
3,412 m²
Volume, LiDAR
10,801 m³
Parcel 44048H0632/00D002, Flanders · tallest building 8.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MAESTRO PUMPS
Edemolenlaan 20, 9810 Nazareth-De PinteManufacture of machinery and equipment not elsewhere classified
since 20042.136.921.381
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44048H0632/00D002 Flanders 1.1 ha 1 · 3,411 m² 8.3 m · 1 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 to 2025 · 2 entries · 1,591 EUR awarded · 1,591 EUR paid
Year Entries awardedpaid
2025 1 690 EUR690 EUR
2024 1 901 EUR901 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 1,591 EUR · 1,591 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

5 categories
MAESTRO PUMPS BV#10340
category K, class 4
decision 05-03-2026 · valid until 04-11-2027
MAESTRO PUMPS BV36588
category L1, class 1 · category L2, class 5 · category M1, class 1 · category V, class 4
decision 05-03-2026

Similar companies · same sector, comparable size

Of 3,447 companies in sector 25530 we hold annual accounts for 1,644. 532 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded03-05-2004
Fiscal year end30-09
Activities, NACEBEL
25530Machining of metals
28520
46643Wholesale of electrical equipment, including installation materials
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.