MAENHOUT KOEN
ActiveMAENHOUT KOEN has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.42M and a net result of €144k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 6994 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270k at 30 days acceptable
Liquidity ample (current ratio 86.56 against 29.41 in 2024; short-term debt: 1% and cash: 1.6% of total assets), and 1.1% 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○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.9%
Return on assets
4.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
22 d early
2023
21 d early
2022
17 d early
2021
52 d early
2020
10 d late
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3.42M▲ 4.4%
2024 · €3.28M
2018: €1.82M
2019: €1.91M
2020: €2.01M
2021: €2.12M
2022: €3.28M
2023: €3.26M
2024: €3.28M
2018 → 2025
Total assets
€3.46M▲ 2.3%
2024 · €3.38M
2018: €1.83M
2019: €1.91M
2020: €2.02M
2021: €2.13M
2022: €3.30M
2023: €3.34M
2024: €3.38M
2018 → 2025
Net result
€144k▲ 40.2%
2024 · €103k
2018: €63k
2019: €87k
2020: €99k
2021: €110k
2022: €2.33M
2023: €105k
2024: €103k
2018 → 2025
Working capital
€3.08M▲ 4.9%
2024 · €2.93M
2018: €861k
2019: €978k
2020: €1.11M
2021: €1.20M
2022: €2.94M
2023: €2.89M
2024: €2.93M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.12M-€3.28M▲ 54.9%€3.26M▼ 0.5%€3.28M▲ 0.5%€3.42M▲ 4.4%
Operating result€82k-€33k▼ 59.4%€129k▲ 289%€120k▼ 6.6%€179k▲ 49.0%
Net result€110k-€2.33M▲ 2,027%€105k▼ 95.5%€103k▼ 2.3%€144k▲ 40.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 49% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.46M
Fixed assets
€344k▼ 0.3%
Current assets
€3.11M▲ 2.6%
Equity and liabilities €3.46M
Equity
€3.42M▲ 4.4%
Debt
€39k▼ 63.4%
The debt ratio falls from 3.1% to 1.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€220k▲
2024 · €159k
Cash flow
€185k▲
2024 · €141k
Solvency
98.9%▲
2024 · 96.9%
Current ratio
86.56▲
2024 · 29.41
Quick ratio
86.56▲
2024 · 29.41
Debt / equity
0.01▼
2024 · 0.03
ROE
4.2%▲
2024 · 3.1%
ROA
4.2%▲
2024 · 3.0%
Interest coverage
949.43▼
2024 · 3856.42
Debt
€39k▼
2024 · €106k
Debt ≤ 1 year
€36k▼
2024 · €103k
Income taxes
€62k▲
2024 · €42k
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€3.38M€3.46M▲
Fixed assets21/28€345k€344k▼
Tangible fixed assets22/27€345k€344k▼
Land and buildings22€303k€316k▲
Plant, machinery and equipment23€13k€11k▼
Furniture and vehicles24€29k€17k▼
Current assets29/58€3.04M€3.11M▲
Amounts receivable after more than one year29€1.85M€1.95M▲
Other amounts receivable291€1.85M€1.95M▲
Amounts receivable within one year40/41-€6k
Trade receivables40-€6k
Other amounts receivable41-€267
Current investments50/53€1.10M€1.10M=
Cash at bank and in hand54/58€84k€57k▼
Deferred charges and accrued income490/1€2k€918▼
Equity and liabilities
Total equity and liabilities10/49€3.38M€3.46M▲
Equity10/15€3.28M€3.42M▲
Contributions10/11€12k€12k=
Reserves13€3.26M€3.41M▲
Distributable reserves133€3.26M€3.41M▲
Amounts payable17/49€106k€39k▼
Amounts payable within one year42/48€103k€36k▼
Trade debts44€3k€18k▲
Suppliers440/4€3k€18k▲
Taxes, remuneration and social security45€13k€18k▲
Taxes450/3€13k€18k▲
Other amounts payable47/48€87k-
Accrued charges and deferred income492/3€3k€3k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€41k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€161k€222k▲
Operating profit (loss)9901€120k€179k▲
Financial income75/76B€24k€27k▲
Recurring financial income75€24k€27k▲
Financial charges65/66B€41€232▲
Recurring financial charges65€41€232▲
Profit (loss) for the period before taxes9903€145k€206k▲
Income taxes67/77€42k€62k▲
Profit (loss) for the period9904€103k€144k▲
Profit (loss) for the period to be appropriated9905€103k€144k▲
Appropriation of the result
Profit (loss) to be appropriated9906€103k€144k▲
Transfer from equity791/2€87k-
Transfer to equity691/2€103k€144k▲
To other reserves6921€103k€144k▲
Profit to be distributed694/7€87k-
Return on contributions (dividend)694€87k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity triplescurrent ratio 86.56
Current ratio from 29.41 to 86.56; short-term debt falls from €103k to €36k.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €2.33M ▲2027%
Net result €2.33M, the highest in the series.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial
Equity above €2MEq €2.01M ▲5.2%
3 profitable years in a row build equity to €2.01M.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2010
29-07
State Gazette act
General meeting · Merger
Dissolution · Real estate · Christian Vanhyfte
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Maldegem · 1 establishment unit since 2004
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.
Waterpolder 29992 MaldegemGround area
542 m²
Building footprint
94 m²
Volume, LiDAR
101 m³
Parcel 43011A0741/00K002, Flanders · tallest building 5.9 m. Linked by address, not a title deed.
1 establishment unit
Maenhout Koen
since 20042.134.608.427
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43011A0741/00K002 | Flanders | 542 m² | 1 · 94 m² | 5.9 m |
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.
Recognitions · licences · registrations
Legal Entity Identifier
984500ZF7A5837410761
Similar companies · same sector, comparable size
Michaël Penninckx
BE 0822.524.861
Jodoigne · Eq €3.43M
PANTECH
BE 0432.876.158
Ukkel · Eq €3.44M
CICAM
BE 0451.117.702
Kraainem · Eq €3.38M
SCHUMAN ASSOCIATES
BE 0438.937.371
Brussel · Eq €3.48M
SENSGROUP
BE 0461.626.562
Lubbeek · Eq €3.36M
Of 2,716 companies in sector 73200 we hold annual accounts for 1,785. 657 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2003
Fiscal year end31-12
Activities, NACEBEL
73200Market research and public opinion polling
74131
64200Holdings
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
74142
74151
74855
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.