MAESTRIA OFFICE
ActiveSummary
MAESTRIA OFFICE has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €843k and a net result of €101k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 85% of 686 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▼-4
Solvency94▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 3.31 against 3.12 in 2023; short-term debt: 26.5% and cash: 71.4% of total assets), and 30.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
69.2%
Return on assets
8.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
34 d early
2022
21 d early
2021
12 d early
2020
43 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€101k▼ 28.1%
2023 · €140k
2018: €134k
2019: €131k
2020: €112k
2021: €123k
2022: €144k
2023: €140k
2018 → 2024
Working capital
€747k▲ 3.6%
2023 · €720k
2018: €682k
2019: €677k
2020: €688k
2021: €745k
2022: €734k
2023: €720k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€735k-€758k▲ 3.2%€802k▲ 5.9%€842k▲ 5.0%€843k▲ 0.1%
Operating result€192k-€147k▼ 23.4%€195k▲ 32.5%€189k▼ 3.2%€120k▼ 36.3%
Net result€112k-€123k▲ 9.7%€144k▲ 17.2%€140k▼ 3.1%€101k▼ 28.1%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 36% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.22M
Fixed assets
€149k ▼ 18.0%
Current assets
€1.07M ▲ 0.9%
Equity and liabilities €1.22M
Equity
€843k ▲ 0.1%
Debt
€376k ▼ 5.9%
Debt's share of the balance-sheet total falls from 32.1% to 30.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€175k▼
2023 · €219k
Cash flow
€155k▼
2023 · €170k
Current ratio
3.31▲
2023 · 3.12
Debt to equity
0.45▼
2023 · 0.47
ROE
11.9%▼
2023 · 16.6%
ROA
8.3%▼
2023 · 11.3%
Interest coverage
349.22▲
2023 · 235.27
Debt ≤ 1 year
€323k▼
2023 · €340k
Income taxes
€41k▼
2023 · €48k
Staff costs
€2.32M▼
2023 · €2.33M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 55 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.24M€1.22M▼
Fixed assets21/28€181k€149k▼
Tangible fixed assets22/27€181k€148k▼
Plant, machinery and equipment23€8k€7k▼
Furniture and vehicles24€173k€141k▼
Financial fixed assets28€620€620=
Current assets29/58€1.06M€1.07M▲
Amounts receivable within one year40/41€217k€195k▼
Trade receivables40€217k€188k▼
Other amounts receivable41-€7k
Current investments50/53€400k-
Cash at bank and in hand54/58€440k€871k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.24M€1.22M▼
Equity10/15€842k€843k▲
Contributions10/11€88k€88k=
Capital10€88k€88k=
Issued capital100€88k€88k=
Outside capital11€101€101=
Share premium1100/10€101€101=
Reserves13€701k€701k▲
Non-distributable reserves130/1€9k€9k=
Legal reserve130€9k€9k=
Distributable reserves133€692k€693k▲
Profit (loss) carried forward14€53k€53k=
Amounts payable17/49€399k€376k▼
Amounts payable within one year42/48€340k€323k▼
Trade debts44€8k€3k▼
Suppliers440/4€8k€3k▼
Taxes, remuneration and social security45€161k€136k▼
Taxes450/3€16k-
Remuneration and social security454/9€145k€136k▼
Other amounts payable47/48€171k€184k▲
Accrued charges and deferred income492/3€59k€52k▼
Income statement
Code20232024
Remuneration, social security and pensions62€2.33M€2.32M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€54k▲
Other operating charges640/8€6k€7k▲
Gross operating margin9900€2.56M€2.50M▼
Operating profit (loss)9901€189k€120k▼
Financial income75/76B€233€22k▲
Recurring financial income75€233€22k▲
Financial charges65/66B€929€500▼
Recurring financial charges65€929€500▼
Profit (loss) for the period before taxes9903€188k€141k▼
Income taxes67/77€48k€41k▼
Profit (loss) for the period9904€140k€101k▼
Profit (loss) for the period to be appropriated9905€140k€101k▼
Appropriation of the result
Profit (loss) to be appropriated9906€193k€154k▼
Profit (loss) brought forward from the previous period14P€53k€53k=
Transfer from equity791/2€100k€100k=
Transfer to equity691/2€140k€101k▼
To other reserves6921€140k€101k▼
Profit to be distributed694/7€100k€100k=
Return on contributions (dividend)694€100k€100k=
Social balance
Average headcount (FTE)908763.161.1▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €101k ▼28.1%
Net result drops to €101k, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €144k ▲17.2%
Net result €144k, the highest in the series.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 14 days late
2016
25-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Genappe · 1 establishment unit since 1996
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.
Rue de la Forge 101470 GenappeGround area
4,222 m²
Building footprint
571 m²
Volume, LiDAR
4,398 m³
2 parcels, Brussels, Wallonia · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Geelvinkenlaan 53, 1160 Oudergem
since 19962.037.225.969
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25013E0183/00L000 | Wallonia | 3,842 m² | 1 · 438 m² | 9.9 m · 2 fl. |
| 21332B0494/00K007 | Brussels | 379 m² | 1 · 133 m² | 14.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Van Laecke - De Muynck
BE 0821.774.595
Assenede · Eq €842k
ALVEOLE MEDICALE
BE 0812.152.987
Namur · Eq €841k
B&H Group
BE 0501.793.074
Gent · Eq €846k
SPECIAL CLEANING BENELUX
BE 0455.644.632
Tienen · Eq €834k
ACA - CLEANING
BE 0446.942.247
Wielsbeke · Eq €854k
Of 7,013 companies in sector 81220 we hold annual accounts for 2,416. 1,032 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-05-1986
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:02/675.22.13