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MAET MANAGEMENT

Active
Private limited company (pre-2019)founded 201213 yrs activeFazantenlaan 11, 9250 Waasmunster, BelgiumKBO/BCE: BE 0508.594.160

MAET MANAGEMENT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €390k and a net result of €80k. Equity is growing by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 68% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
59 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▼-1
Solvency99▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days only on tighter terms
Liquidity ample (current ratio 2.02 against 1.81 in 2023; short-term debt: 26% and cash: 3.2% of total assets), and 26% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
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 13 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
74%
Return on assets
15.2%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2026, 336 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
336 d late
2023
275 d late
2022
72 d late
2021
242 d late
2020
607 d late
2019
122 d late
← before the deadline after the 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 2024, micro schema

Equity
€390k▲ 4.5%
2023 · €373k
2018: €174k 2019: €209k 2020: €226k 2021: €287k 2022: €351k 2023: €373k
2018 → 2024
Total assets
€527k▲ 1.1%
2023 · €522k
2018: €346k 2019: €367k 2020: €400k 2021: €420k 2022: €439k 2023: €522k
2018 → 2024
Net result
€80k▼ 2.9%
2023 · €83k
2018: €61k 2019: €63k 2020: €66k 2021: €66k 2022: €83k 2023: €83k
2018 → 2024
Working capital
€139k▲ 15.7%
2023 · €120k
2018: €127k 2019: €130k 2020: €116k 2021: €147k 2022: €215k 2023: €120k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€226k-€287k▲ 26.8%€351k▲ 22.3%€373k▲ 6.3%€390k▲ 4.5%
Operating result€89k-€91k▲ 1.6%€119k▲ 31.1%€114k▼ 4.3%€100k▼ 12.0%
Net result€66k-€66k▲ 0.3%€83k▲ 26.4%€83k▼ 0.6%€80k▼ 2.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2020: €89k€89kNet result 2020: €66k€66kOperating result 2021: €91k€91kNet result 2021: €66k€66kOperating result 2022: €119k€119kNet result 2022: €83k€83kOperating result 2023: €114k€114kNet result 2023: €83k€83kOperating result 2024: €100k€100kNet result 2024: €80k€80k20202021202220232024
The operating result has fallen two years in a row; 2024 is 12% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €527k
Fixed assets €251k▼ 0.8%
Current assets €276k▲ 2.8%
Equity and liabilities €527k
Equity €390k▲ 4.5%
Debt €137k▼ 7.6%
The debt ratio falls from 28.4% to 26.0%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€121k
2023 · €126k
Cash flow
€101k
2023 · €95k
Solvency
74.0%
2023 · 71.6%
Current ratio
2.02
2023 · 1.81
Quick ratio
2.02
2023 · 1.81
Debt / equity
0.35
2023 · 0.40
ROE
20.6%
2023 · 22.2%
ROA
15.2%
2023 · 15.9%
Interest coverage
256.14
2023 · 815.12
Debt
€137k
2023 · €148k
Debt ≤ 1 year
€137k
2023 · €148k
Income taxes
€32k
2023 · €35k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€522k€527k
Fixed assets21/28€253k€251k
Tangible fixed assets22/27€253k€251k
Land and buildings22€253k€241k
Plant, machinery and equipment23-€2k
Furniture and vehicles24-€8k
Current assets29/58€269k€276k
Amounts receivable within one year40/41€200k€259k
Other amounts receivable41€200k€259k
Cash at bank and in hand54/58€69k€17k
Deferred charges and accrued income490/1-€310
Equity and liabilities
Total equity and liabilities10/49€522k€527k
Equity10/15€373k€390k
Contributions10/11€12k€12k=
Reserves13€361k€378k
Non-distributable reserves130/1€2k€1k
Reserves not available under the articles1311€2k€1k
Distributable reserves133€359k€377k
Amounts payable17/49€148k€137k
Amounts payable within one year42/48€148k€137k
Current portion of amounts payable after more than one year42-€15k
Trade debts44€4k€945
Suppliers440/4€4k€945
Taxes, remuneration and social security45€84k€58k
Taxes450/3€84k€58k
Other amounts payable47/48€61k€63k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€21k
Other operating charges640/8€1k€1k
Gross operating margin9900€127k€122k
Operating profit (loss)9901€114k€100k
Financial income75/76B€4k€13k
Recurring financial income75€4k€13k
Financial charges65/66B€154€472
Recurring financial charges65€154€472
Profit (loss) for the period before taxes9903€118k€112k
Income taxes67/77€35k€32k
Profit (loss) for the period9904€83k€80k
Profit (loss) for the period to be appropriated9905€83k€80k
Appropriation of the result
Profit (loss) to be appropriated9906€83k€80k
Transfer from equity791/2€61k€63k
Transfer to equity691/2€83k€80k
To other reserves6921€83k€80k
Profit to be distributed694/7€61k€63k
Return on contributions (dividend)694€61k€63k

The notes to these accounts (7 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

2026
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 336 days late
2025
02-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 275 days late
2023
11-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 72 days late
30-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 242 days late
30-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 607 days late
2022
31-12
Financial Highest result since 2018net €83k ▲26.4%
Operating result €119k, net result €83k, both a record.
2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial Equity above €200kEq €209k ▲19.9%
2 profitable years in a row build equity to €209k.
23-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 54 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
23-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
2016
24-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Waasmunster · 1 establishment unit since 2013
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.

Fazantenlaan 119250 Waasmunster
Ground area
1,988 m²
Building footprint
143 m²
Volume, LiDAR
747 m³
Parcel 42023A1100/00D000, Flanders · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Maet Management
Fazantenlaan 11, 9250 WaasmunsterBusiness consulting
since 20132.215.281.050
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42023A1100/00D000 Flanders 1,987 m² 1 · 143 m² 12.2 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

2025 · 1 entry · 135 EUR awarded · 135 EUR paid
Year Entries awardedpaid
2025 1 135 EUR135 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 135 EUR · 135 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 944 companies in sector 69203 we hold annual accounts for 660. 529 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded20-12-2012
Fiscal year end31-12
Activities, NACEBEL
69203Activities of company auditors
Sources
Crossroads Bank for EnterprisesNational Bank · 12 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.