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Maiwe

Active
Private limited companyfounded 2024active for 1 yearDodoensstraat 36, 2140 Antwerpen, BelgiumKBO/BCE: BE 1016.861.490
Summary

Maiwe has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48,054 and a net result of €45,054. Its solvency ranks better than 41% of 13,511 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Wholesale of perfume and cosmetics
NACE 46450
1 site
Size
€162,748total assets 2025
Staff
0.5 FTE
Equity
€48,054
Profit
€45,054
Turnover not published (micro format)
Financial health
71 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Accounts 36 days early
Why 71raises riskFounded in 2024Size: total assets €162,748lowers riskLiquidity: current ratio 2.60, cash €60,849Figures for financial year 2025 (filed 25-06-2026)Show the evidence

Checked score

Score 2025
71 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 73% of its sector peers (NACE 46, micro)
Financial strength
Strong
Solvency 55
equity 29.5% of total assets
Liquidity 81
short-term debt 35.1% · cash 37.4%
Profitability 100
return on assets 27.7%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,872 companies, NACE 46, micro)
Last 24 months 01-2026: 1.6% 02-2026: 1.7%▲ +0.1 percentage points vs 01-2026 03-2026: 2.0%▲ +0.3 percentage points vs 02-2026 04-2026: 2.1%▲ +0.1 percentage points vs 03-2026 05-2026: 2.4%▲ +0.3 percentage points vs 04-2026highest value 06-2026: 2.4%● unchanged vs 05-2026highest value 07-2026: 0.6%▼ -1.8 percentage points vs 06-2026lowest value 08-2026: 0.7%▲ +0.1 percentage points vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.6, above the usual 1.5; short-term debt: 35.1% and cash: 37.4% of total assets), but 70.5% 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, micro): better than 40% on solvency, 83% on liquidity and 95% on profitability.

The bankruptcy probability was computed on 16-10-2026 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).

Credit check for your own amount and term

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 2.60, cash €60,849
NBB · annual accounts
raises risk · Size: total assets €162,748
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 25-06-2026)
NBB · annual accounts
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 25-06-2026, 36 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
36 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: RUYFFELAERE Maayke (director) ·…

Financials · financial year 2025, micro format

Equity
€48,054
Total assets
€162,748
Net result
€45,054
Working capital
€91,446

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €162,748
Fixed assets €14,168
Current assets €148,581
Equity and liabilities €162,748
Equity €48,054
Debt €114,695
Debt finances 70.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€61,295
Cash flow
€47,628
Current ratio
2.60
Quick ratio
1.50
Debt to equity
2.39
ROE
93.8%
ROA
27.7%
Interest coverage
32.76
Debt ≤ 1 year
€57,135
Debt > 1 year
€57,560
Income taxes
€11,801
Staff costs
€15,221

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,390 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 46 lines
Balance sheet Code2025
Assets
Total assets20/58€162,748
Fixed assets21/28€14,168
Intangible fixed assets21€12,576
Tangible fixed assets22/27€1,591
Plant, machinery and equipment23€260
Furniture and vehicles24€1,331
Current assets29/58€148,581
Stocks and contracts in progress3€62,617
Stocks30/36€62,617
Amounts receivable within one year40/41€21,865
Trade receivables40€21,865
Cash at bank and in hand54/58€60,849
Deferred charges and accrued income490/1€3,250
Equity and liabilities
Total equity and liabilities10/49€162,748
Equity10/15€48,054
Contributions10/11€3,000
Reserves13€45,054
Distributable reserves133€45,054
Amounts payable17/49€114,695
Amounts payable after more than one year17€57,560
Financial debts170/4€31,322
Other amounts payable178/9€26,238
Amounts payable within one year42/48€57,135
Current portion of amounts payable after more than one year42€16,270
Trade debts44€28,188
Suppliers440/4€28,188
Advances received on contracts in progress46€225
Taxes, remuneration and social security45€12,451
Taxes450/3€10,136
Remuneration and social security454/9€2,315
Income statement Code2025
Remuneration, social security and pensions62€15,221
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,574
Other operating charges640/8€966
Gross operating margin9900€77,482
Operating profit (loss)9901€58,720
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€1,871
Recurring financial charges65€1,871
Profit (loss) for the period before taxes9903€56,855
Income taxes67/77€11,801
Profit (loss) for the period9904€45,054
Profit (loss) for the period to be appropriated9905€45,054
Appropriation of the result
Profit (loss) to be appropriated9906€45,054
Transfer to equity691/2€45,054
To other reserves6921€45,054

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€15,221
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,574
Other operating charges640/8€966
Gross operating margin9900€77,482
Operating profit (loss)9901€58,720
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€1,871
Recurring financial charges65€1,871
Profit (loss) for the period before taxes9903€56,855
Income taxes67/77€11,801
Profit (loss) for the period9904€45,054
Profit (loss) for the period to be appropriated9905€45,054
Line2025
Assets
Total assets20/58€162,748
Fixed assets21/28€14,168
Intangible fixed assets21€12,576
Tangible fixed assets22/27€1,591
Plant, machinery and equipment23€260
Furniture and vehicles24€1,331
Current assets29/58€148,581
Stocks and contracts in progress3€62,617
Stocks30/36€62,617
Amounts receivable within one year40/41€21,865
Trade receivables40€21,865
Cash at bank and in hand54/58€60,849
Deferred charges and accrued income490/1€3,250
Equity and liabilities
Total equity and liabilities10/49€162,748
Equity10/15€48,054
Contributions10/11€3,000
Reserves13€45,054
Distributable reserves133€45,054
Amounts payable17/49€114,695
Amounts payable after more than one year17€57,560
Financial debts170/4€31,322
Other amounts payable178/9€26,238
Amounts payable within one year42/48€57,135
Current portion of amounts payable after more than one year42€16,270
Trade debts44€28,188
Suppliers440/4€28,188
Advances received on contracts in progress46€225
Taxes, remuneration and social security45€12,451
Taxes450/3€10,136
Remuneration and social security454/9€2,315
Line2025
Profit (loss) for the period9904€45,054
+ Depreciation and write-downs630€2,574
Operating cash flow (approximation)€47,628

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 25-06-2026 2026-00211643

Similar companies · same sector, comparable size

Of the 779 active companies whose main activity is wholesale of perfume and cosmetics (NACE 46450), figures are known for 454. 315 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 to 2025 · 3 entries · €37,500 awarded · €12,500 paid
Year Entries AwardedPaid
2025 2 €0€12,500
2024 1 €37,500€0
Schemes
3 entries · €37,500 · €12,500 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No sitting directors in the Gazette act read. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 2 December 2024, Maiwe was incorporated as a private limited company.1 The company has filed annual accounts once, for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
25-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2024
04-12
Gazette deed Incorporation
Appointment: RUYFFELAERE Maayke (director) · Founder · Founding capital8 facts ▸
  • Incorporation, 28-11-2024
  • Founder, RUYFFELAERE Maayke
  • Founding capital, “euro 3.000” (deed in Dutch)
  • Bank account, “bijzondere rekening, storting inbrengen” (deed in Dutch)
  • Other provision, “overgangsbepalingen-inwerkingtreding, comparant” (deed in Dutch)
  • Registered office clause, “2140 Antwerpen-Borgerhout,Dodoensstraat 36 101” (deed in Dutch)
  • Director appointment, RUYFFELAERE Maayke (director)
  • Pre-incorporation commitments, Maiwe
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded02-12-2024
Financial year end31-12
Activities, NACEBEL 2025
46450Wholesale of perfume and cosmetics
47120Other non-specialised retail sale
47750Retail sale of cosmetics and toilet articles
55204Guest rooms (bed and breakfast)
55900Accommodation
82300Organisation of conventions and trade shows
E-invoicing
Reachable via Peppol
Peppol ID 0208:1016861490
Also 9925:BE1016861490
Registered 31-12-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 17 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
71 m²
Building footprint
75 m²
Building volume
1,150 m³
Parcel 11006A0398/00S000, Flanders · tallest building 16.8 m. Linked by address, not a title deed.
1 establishment unit
Maiwe
Dodoensstraat 36, 2140 AntwerpenWholesale of perfume and cosmetics
since 2024unit no. 2.367.226.206
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
11006A0398/00S000 Flanders 71 m² 1 · 75 m² 16.8 m · 5
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Groothandel in parfumerieën en cosmetica,toiletartikelen,zoals toiletzepen,tandpasta,haarshampoos,enz; Detailhandel in cosmetica en…” (deed in Dutch)
14 activities (deed in Dutch)
  1. Groothandel in parfumerieën en cosmetica,toiletartikelen,zoals toiletzepen,tandpasta,haarshampoos,enz.
  2. Detailhandel in cosmetica en toiletartikelen in gespecialiseerde winkels
  3. Detailhandel van bepaalde producten in verband met mondhygiëne
  4. Detailhandel via postorderbedrijven of via internet
  5. Webshop voor dergelijke artikelen
  6. Het uitbaten en organiseren van galerijen,evenementen,tentoonstellingen,seminaries,happenings enzovoorts
  7. Het verwerven,inrichten,beheren,exploiteren,ter beschikking stellen,huren en verhuren van allerhande ruimten,accommodaties,zalen en terreinen,multifunctionele centra en evenementenhallen
  8. Het verhuren en uitbaten van kamers,gastenkamers(chambre d’hôtes,maisons d’hôtes,bed & breakfast)en andere overnachtingsgelegenheden in de ruimste zin van het woord
  9. Tussenpersoon in de handel
  10. Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen;de aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van roerende en onroerende goederen
  11. Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verplichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen
  12. Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borgstellen of haar aval verlenen,in de meest ruime zin,alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen
  13. Het uitoefenen van de functie van bestuurder,gedelegeerd bestuurder,directeur of andere leidende en uitvoerende functies,al dan niet bezoldigd in alle vormen,ook buitenlandse,van vennootschappen,verenigingen of samenwerkingsverbanden zowel in België als in het buitenland
  14. Alle vormen van consultancy en adviesverlening,voor zover deze niet voorbehouden zijn aan de gereglementeerde beroepen,tenzij de vennootschap zelf voldoet aan de wettelijke vereisten terzake

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Maiwe
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, bestuursorgaan is bevoegd om bij gewoon besluit bijkantoren,bedrijfs- en administratieve…” (deed in Dutch)

deed of 04-12-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Algemene vergadering die bestuurder(s) benoemt, een of meer bestuurders” (deed in Dutch)

deed of 04-12-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Dag verdeling aandelen of afgifte legaten, op naam” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Prijs vermeld in oorspronkelijke bekendmaking of bij betwisting prijs bepaald door deskundige, na aftrek van rechten waarvan overdracht…” (deed in Dutch)

deed of 04-12-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Algemene vergadering beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Om welke reden en op welk ogenblik ook, bestuurder(s) in functie krachtens statuten indien geen andere benoemd” (deed in Dutch)

deed of 04-12-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Stortingsplicht, tenzij uitgiftevoorwaarden anders bepalen” (deed in Dutch)
Other provision: “Eerst aan bestaande aandeelhouders, nieuwe aandelen waarop in geld wordt ingeschreven” (deed in Dutch)
Other provision: “Bevoegdheden bestuursorgaan – vertegenwoordiging – dagelijks bestuur, bestuursorgaan bepaalt of zij alleen dan wel gezamenlijk optreden” (deed in Dutch)
Other provision: “Organisatie,bijeenroeping,schriftelijke besluitvorming en elektronische deelname algemene vergadering, ondertekende goedkeuringen verliezen…” (deed in Dutch)
Other provision: “Toegang tot algemene vergadering, houder van effecten op naam ingeschreven in register van effecten op naam voor eigen categorie” (deed in Dutch)
Other provision: “Zittingen-processen-verbaal, bestuurder,zoniet aanwezige aandeelhouder met meeste aandelen,bij pariteit oudste” (deed in Dutch)
Other provision: “Beraadslagingen algemene vergadering, meerderheid van stemmen ongeacht vertegenwoordigde effecten,tenzij wet of statuten anders” (deed in Dutch)
Other provision: “Bestuursorgaan tijdens zitting, verdaging algemene vergadering” (deed in Dutch)
Other provision: “Wetboek van Vennootschappen en Verenigingen, bevoegdheden algemene vergadering” (deed in Dutch)
Other provision: “Bestemming winst-reserves, verminderd met overgedragen verlies of vermeerderd met overgedragen winst” (deed in Dutch)
Other provision: “Keuze van woonplaats, in buitenland wonende aandeelhouder,bestuurder,commissaris,vereffenaar of obligatiehouder” (deed in Dutch)
Other provision: “Gerechtelijke bevoegdheid, tussen vennootschap,aandeelhouders,bestuurders,commissarissen en vereffenaars over zaken vennootschap en…” (deed in Dutch)
Other provision: “Gemeen recht” (deed in Dutch)
Other provision: “E-mailadres en website, aandeelhouders,houders van effecten,houders van certificaten met medewerking vennootschap” (deed in Dutch)
5 more provisions in the deed, see the deed of 04-12-2024

deed of 04-12-2024