Equity
€1.3m ▲ 96.1%
MAINVEST paid out €184,900 in dividends. That is 22% of the 2025 profit.
MAINVEST
Lifetime
20 annual accounts with figures on one time axis, 25 filings since 2001peak €481,724 (2017)
€367,848▲ 74.4%
lowest -€113,575 (2015)
€837,739▲ 469%
peak €2.0m (2017)
€1.3m▲ 96.1%
€260,261▲ 4.4%
Board1 name since 2000
1 directorMathé Frans
Documentsfilings and deeds
18-06-202643 days before the deadline
2025abbreviated format
Gross margin from €210,902 to €367,848Result from €147,339 to €837,739Dividend €184,900Equity from €679,188 to €1.3mInvestments €67,674Cash from €203,614 to €138,093
Key points
from the 2025 annual accountsResult
€837,739 ▲ 469%
The result rose in 2025 from €147,339 to €837,739.
Investments
€67,674 10.4 × depreciation
Green is investment, beige is depreciation.
Liquidity
5.68 was 3.51 in 2024
Short-term debts rose from €249,248 to €260,261.
Filings
25 annual accounts since 2001
The last five annual accounts were filed 34 to 43 days before the end of the period.
Position in the sector
€837,739
Higher net result than 95% of companies in wholesale trade. Sector median €26,728 · 9,880 companies.
Checked score
98
Excellent
Financially stronger than 85% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: 0.1%▲ +0.1 percentage points vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025highest value
07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Founded in 2000
Equity €1.3m (83.7% of total assets)
Size: total assets €1.6m
Figures for financial year 2025 (filed on 18-06-2026)
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 46, micro). It does better than 90% of them on solvency, 63% on liquidity, 95% on profitability and 93% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as MAINVEST has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of MAINVEST itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 20,137 companies, not a prediction for MAINVEST. 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
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.68 (3.51 in 2024), above the usual 1.5. Short-term debt is 16.3% and cash 8.7% of total assets. 16.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
6 signals, none raises the risk
Six signals.
lowers riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.3m
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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 days early
2024
36 days early
2023
36 days early
2022
34 days early
2021
34 days early
2020
58 days early
2019
1 day 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 35 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 26 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0473447991
Appointment: Mathé Frans (director)
General meeting of 26-04-2023 · Gazette deed
Capital decrease of €627,133.14 to €20,000
Capital from €647,133.14 to €20,000 · General meeting of 14-05-2018 · Gazette deed
First establishment
Beemdstraat 20, Maaseik
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAINVEST Maaseik | €1.6m | €367,848 | 83.7% | - |
| EUROBIZZ Bruges | €1.3m | €299,041 | 60.8% | 1 |
| CARDINAELS JACKY Pelt | €1.6m | €453,082 | 29.5% | 3.8 |
| BELONG Beringen | €1.2m | €502,931 | 79.8% | 3.9 |
| Herema Peer | €1.6m | €326,364 | 50.5% | 2.2 |
| C-BEAR Peer | €1.8m | €257,208 | 97.9% | - |
| BEFRA BELGIUM Westerlo | €1.5m | €390,808 | 63.2% | - |
These companies have the same main activity as MAINVEST: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €1.2m and €1.8m, founded between 1999 and 2007.
Official details
Source: KBO- Status
- Active since 07-12-2000Normal situation
- Activity
- Agents specialised in the wholesale of other particular productsNACE 46180
- Establishment unit
- 2.101.261.3123680 Maaseik, since 05-04-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 26-08-2025
Annual accounts 2025
- ≈ €1.9mestimated
- €1.6m▲ 71.5%
- Filing
- Filed on 18-06-2026, 43 days before the end of the filing period
Insights on MAINVEST
MAINVEST files the abbreviated format. That format states no turnover. The gross margin rose from €275,290 in 2006 to €367,848 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 MAINVEST
- What is the company number of MAINVEST?
- The company number of MAINVEST is 0473.447.991. The VAT number is the same number with BE in front: BE 0473.447.991.
- Where is MAINVEST based?
- The registered office is at Beemdstraat 20, 3680 Maaseik.Company details
- What does MAINVEST do?
- According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
- What is the legal form of MAINVEST?
- MAINVEST is a private limited company (BV).
- When was MAINVEST founded?
- MAINVEST was founded on 07-12-2000.
- Is MAINVEST still active?
- Yes, MAINVEST is an active enterprise in the KBO register.
- What is the turnover of MAINVEST?
- The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €367,848 and 139 comparable companies (NACE 46). It probably lies between €1.2m and €3.2m.Financials
- Is MAINVEST profitable?
- In financial year 2025, MAINVEST made a profit of €837,739.
- Where can I find the annual accounts of MAINVEST?
- MAINVEST filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAINVEST due?
- MAINVEST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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