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MAI

Active Private limited companyfounded 2009active for 17 yearsBoondaalse Steenweg 489, 1050 IxellesKBO/BCE: BE 0812.386.480

Lifetime

16 annual accounts with figures on one time axis
peak €196,238 (2025)
€196,238▲ 4.3%
lowest -€116,474 (2012)
€36,997▲ €66,537
peak €100,977 (2010)
€74,716▲ 98.1%
€91,992▲ 6.9%
peak 3 FTE (2023)
-not published
Board6 names since 2015
3 directors and 2 others
Owners
37%
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Back to profit: €36,997Equity from €37,719 to €74,716Investments €14,198Cash from €62,030 to €90,343

Key points

from the 2025 annual accounts

Result

€36,997 €36,997
-€29,5002024€37,0002025

Back in profit in 2025, after a loss of €29,541 in 2024.

Turnover

≈ €490,000 estimated

The accounts state no turnover.

Investments

€13,998 2.5 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Filings

16 annual accounts since 2010
AprilJune31 JulyOctober2010201520202025

Five of the last ten came late. The 2024 accounts came latest: 39 days after the end of the period.

Position in the sector

€36,997

Higher net result than 83% of companies in creative and performing arts. Sector median €6,114 · 2,603 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,806 companies had the same profile as MAI has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,806 companies, not a prediction for MAI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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

Signals

Board and ownership

Director, since 01-10-2018
Director
Director
  • 37%score equity €974,068 (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0812386480
Appointments: (director) and (director) General meeting of 01-10-2024 · Gazette deed
Reappointment: (director) “La production, l’organisation et la diffusion de spectacles vivants; Toutes prestations en ce compris la…” (deed in French) · General meeting of 03-07-2024 · Gazette deed
Resignation: (manager) Director discharge: (manager) · General meeting of 30-09-2019 · Gazette deed
All 31 events

Comparable companies

same main activity, similar in size and age
Company
MAI Ixelles - - 44.8% -
EXTRA & ORDINARY PEOPLE! Watermael-Boitsfort €204,521 2.1% -11.4% -
PROPA Ixelles - - 28.0% -
Auguste Orts Anderlecht €53,281 -11.8% 45.9% -
AOVD Groep Knokke-Heist - - 66.0% -
E.W. PRODUCTION Vielsalm - - 40.1% -
IN LIVE Mons - - 14.2% -

These companies have the same main activity as MAI: promotion and organisation of arts and performing arts events (NACE 90391). They are comparable in size and age: total assets between €132,000 and €221,000, founded between 2005 and 2011.

Official details

Source: KBO
Status
Active since 19-06-2009Normal situation
Activity
Promotion and organisation of arts and performing arts eventsNACE 90391and 2 others
Establishment unit
2.179.815.3751050 Ixelles, since 15-08-2009
Financial year end
31 December
Peppol
Reachable since 22-12-2025
Company details

Annual accounts 2025

€166,707▲ 34.7%
Employeeson 31-12-2025
12=
Filing
Filed on 27-08-2026
Financials

Insights on MAI

MAI files the micro format. That format states no turnover. The gross margin rose from €140,783 in 2010 to €196,238 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MAI

What is the company number of MAI?
The company number of MAI is 0812.386.480. The VAT number is the same number with BE in front: BE 0812.386.480.
Where is MAI based?
The registered office is at Boondaalse Steenweg 489, 1050 Ixelles.Company details
What does MAI do?
According to the KBO register, the main activity is promotion and organisation of arts and performing arts events (NACE 90391).
What is the legal form of MAI?
MAI is a private limited company (BV).
When was MAI founded?
MAI was founded on 19-06-2009.
Is MAI still active?
Yes, MAI is an active enterprise in the KBO register.
How many employees does MAI have?
MAI had an average of 17.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MAI?
The turnover in financial year 2025 is ≈ €490,000. This figure is estimated from the gross margin of €196,238 and 2,204 comparable companies of the same size. It probably lies between €330,000 and €760,000. It is a rough estimate.
Is MAI profitable?
In financial year 2025, MAI made a profit of €36,997.
Where can I find the annual accounts of MAI?
MAI filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAI due?
MAI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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