ACTIVE

MAX OSTERRIETH & C° (successeurs)

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Financial year 2025 · closed on 31/12/2025

Net result

3,3 k €

-33.3% YoY

Gross margin

39 k €

+8.2% YoY

Equity

118,7 k €

+2.8% YoY

Workforce

0,4 ETP

What does MAX OSTERRIETH & C° (successeurs) do?

MAX OSTERRIETH & C° (successeurs) is a Private limited company incorporated in 1939. Its registered office is in Kapellen. It employs on average 0,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0404.845.237

Incorporation

04/07/1939

Legal form

Private limited company

Registered office

Kapelsestraat 47
2950 Kapellen · FlandreSee on map

Contributed capital

25 000,00 €

Latest accounts

31/12/2025

Average workforce

0,4 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	39 k €	+8.2%	36,1 k €	+11.0%	32,5 k €	+14.9%	28,3 k €	-0.9%	28,5 k €	+32.9%	21,4 k €	-42.9%	37,6 k €	+68.4%	22,3 k €	+250%	-14,9 k €	-145%	32,9 k €	+4.3%	31,5 k €	+10.2%	28,6 k €	-6.3%	30,5 k €	+5.1%	29 k €	-38.5%	47,3 k €	+69.0%	28 k €	-9.3%	30,8 k €	+9.0%	28,3 k €	+25.5%	22,5 k €	+10.0%	20,5 k €
EBITDA	11,4 k €	+12.8%	10,1 k €	+45.8%	6,9 k €	+36.2%	5,1 k €	-27.3%	7 k €	+381%	-2,5 k €	-115%	17 k €	+638%	2,3 k €	+106%	-37,3 k €	-368%	13,9 k €	+10.0%	12,6 k €	+29.2%	9,8 k €	-20.6%	12,3 k €	+15.7%	10,6 k €	-62.3%	28,2 k €	+170%	10,4 k €	-29.4%	14,8 k €	+46.9%	10,1 k €	+18.8%	8,5 k €	+29.0%	6,6 k €
Operating result	10,9 k €	+13.5%	9,6 k €	+49.4%	6,4 k €	+40.1%	4,6 k €	-29.3%	6,5 k €	+317%	-3 k €	-118%	16,5 k €	+814%	1,8 k €	+105%	-37,8 k €	-672%	6,6 k €	+23.5%	5,3 k €	+115%	2,5 k €	-45.7%	4,6 k €	+57.3%	2,9 k €	-85.8%	20,5 k €	+745%	2,4 k €	-64.3%	6,8 k €	+230%	2,1 k €	-52.6%	4,3 k €	+78.4%	2,4 k €
Net result	3,3 k €	-33.3%	4,9 k €	+119%	2,2 k €	+10.3%	2 k €	-59.5%	5 k €	+220%	-4,2 k €	-129%	14,5 k €	+181%	5,2 k €	+47.1%	3,5 k €	+23.4%	2,8 k €	+7.5%	2,6 k €	-58.3%	6,3 k €	+219%	2 k €	+17.6%	1,7 k €	-88.1%	14,3 k €	+1105%	1,2 k €	-55.1%	2,6 k €	+165%	995,6 €	-44.5%	1,8 k €	+185%	629,4 €
Balance sheet
Equity	118,7 k €	+2.8%	115,5 k €	+4.4%	110,6 k €	+2.1%	108,4 k €	+1.9%	106,3 k €	+4.9%	101,4 k €	-3.9%	105,5 k €	+15.9%	91 k €	+6.0%	85,9 k €	+4.3%	82,4 k €	+3.6%	79,5 k €	+3.4%	76,9 k €	+9.0%	70,5 k €	+2.9%	68,5 k €	+2.5%	66,8 k €	+27.1%	52,6 k €	+2.3%	51,4 k €	+6.9%	48,1 k €	+2.1%	47,1 k €	+4.0%	45,3 k €
Total assets	143,3 k €	+1.3%	141,4 k €	+5.2%	134,5 k €	-1.4%	136,4 k €	+12.6%	121,1 k €	+5.7%	114,5 k €	+3.3%	110,8 k €	-17.3%	134 k €	+42.9%	93,8 k €	-0.1%	93,9 k €	+5.9%	88,7 k €	-44.6%	160,2 k €	+115%	74,5 k €	-78.5%	346,6 k €	+345%	78 k €	-78.9%	370,1 k €	+25.5%	294,8 k €	+50.1%	196,4 k €	+32.3%	148,5 k €	+9.3%	135,9 k €
Cash	72,6 k €	+63.0%	44,5 k €	-39.4%	73,5 k €	+1.2%	72,6 k €	+12.0%	64,8 k €	+6.5%	60,9 k €	-7.2%	65,6 k €	+16.3%	56,4 k €	-25.2%	75,4 k €	+43.7%	52,5 k €	+0.7%	52,1 k €	+2.4%	50,9 k €	+30.8%	38,9 k €	+3.5%	37,6 k €	-11.0%	42,3 k €	-87.3%	333,7 k €	+3433%	9,4 k €	-24.7%	12,5 k €	-38.3%	20,3 k €	-15.6%	24,1 k €
Debts	17,4 k €	-7.4%	18,8 k €	+12.4%	16,7 k €	-19.7%	20,8 k €	+176%	7,5 k €	+26.5%	6 k €	+12.7%	5,3 k €	-87.7%	43 k €	+1086%	3,6 k €	-49.5%	7,2 k €	+27.0%	5,7 k €	-92.9%	79,7 k €	+1900%	4 k €	-98.5%	270,9 k €	+2336%	11,1 k €	-96.5%	317,5 k €	+30.4%	243,4 k €	+64.1%	148,3 k €	+46.3%	101,4 k €	+11.9%	90,6 k €
Other
Workforce	0,4 ETP		–		0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	-20.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	+25.0%	0,4 ETP	-20.0%	0,5 ETP	-50.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

OSTERRIETH INVEST

Director · since 01 octobre 2004 · 0866.408.651

Represented by Jean Osterrieth

Active

Ended mandates

OSTERRIETH INVEST

Manager · since 01 octobre 2004 · 0866.408.651

Represented by Jean Osterrieth

Ended

OSTERRIETH INVEST

Director · since 01 octobre 2004 · 0866.408.651

Represented by Jean Osterrieth

Ended

OSTERRIETH INVEST

Manager · since 01 octobre 2004 · 0866.408.651

Represented by Jean Osterrieth

Ended

OSTERRIETH INVEST

Director · since 14 juillet 2004 · 0866.408.651

Represented by Jean OSTERRIETH

Ended

At this address

Other companies at this address

Company	CBE no.
OSTERRIETH INVEST● Active	0866.408.651
Osterrieth Invest Burgerlijke Maatschap● Active	0717.925.704

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	29/08/2025	21/08/2024	28/08/2023	29/08/2022	30/08/2021
General meeting	26/08/2026	31/07/2025	07/05/2024	30/06/2023	30/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/08/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	31/07/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	07/05/2024	21/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	28/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	29/08/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	31/07/2020	20/08/2020	Dutch	PDF
Abridged model	31/12/2018	02/05/2019	27/08/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	27/08/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	04/05/2016	08/07/2016	Dutch	PDF
Abridged model	31/12/2014	06/05/2015	25/08/2015	Dutch	PDF
Abridged model	31/12/2013	07/05/2014	25/08/2014	Dutch	PDF
Abridged model	31/12/2012	02/05/2013	05/07/2013	Dutch	PDF
Abridged model	31/12/2011	02/05/2012	16/07/2012	Dutch	PDF
Abridged model	31/12/2010	04/05/2011	25/07/2011	Dutch	PDF
Abridged model	31/12/2009	05/05/2010	26/07/2010	Dutch	PDF
Abridged model	31/12/2008	06/05/2009	09/07/2009	Dutch	PDF
Abridged model	31/12/2007	07/05/2008	28/05/2008	Dutch	PDF
Abridged model	31/12/2006	02/05/2007	06/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

OSTERRIETH INVEST

Director · since 01 octobre 2004 · 0866.408.651

Represented by Jean Osterrieth

Active

Ended mandates

OSTERRIETH INVEST

Manager · since 01 octobre 2004 · 0866.408.651

Represented by Jean Osterrieth

Ended

OSTERRIETH INVEST

Director · since 01 octobre 2004 · 0866.408.651

Represented by Jean Osterrieth

Ended

OSTERRIETH INVEST

Manager · since 01 octobre 2004 · 0866.408.651

Represented by Jean Osterrieth

Ended

OSTERRIETH INVEST

Director · since 14 juillet 2004 · 0866.408.651

Represented by Jean OSTERRIETH

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/11/2025
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/06/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/11/2004
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20253,3 k €↓
2024
Annual accounts 20244,9 k €↑
2023
Annual accounts 20232,2 k €↑
2022
Annual accounts 20222 k €↓
2022
Name changeMax Osterrieth
2021
Annual accounts 20215 k €↑
2021
Name changeMax Osterrieth & C°
2020
Annual accounts 2020-4,2 k €↓
2019
Annual accounts 201914,5 k €↑
2018
Annual accounts 20185,2 k €↑
2017
Annual accounts 20173,5 k €↑
2016
Annual accounts 20162,8 k €↑
2015
Annual accounts 20152,6 k €↓
2014
Annual accounts 20146,3 k €↑
2013
Annual accounts 20132 k €↑
2012
Annual accounts 20121,7 k €↓
2011
Annual accounts 201114,3 k €↑
2010
Annual accounts 20101,2 k €↓
2009
Annual accounts 20092,6 k €↑
2008
Annual accounts 2008995,6 €↓
2007
Annual accounts 20071,8 k €↑
2006
Annual accounts 2006629,4 €
04/07/1939
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MAX OSTERRIETH & C° (successeurs)

Overview

What does MAX OSTERRIETH & C° (successeurs) do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline