ACTIVE

Maxcel

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

40,1 k €

-55.1% YoY

Gross margin

222,6 k €

-5.7% YoY

Equity

650,2 k €

+6.6% YoY

What does Maxcel do?

Maxcel is a Private limited company incorporated in 1968. Its main activity is: Television programming and broadcasting activities. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0404.998.457

Incorporation

01/01/1968

Legal form

Private limited company

Registered office

Jan Van Rijswijcklaan 71 box 1
2018 Antwerpen · FlandreSee on map

Contributed capital

49 587,00 €

Latest accounts

31/12/2025

Activities (NACE)

60230Television programming and broadcasting activities· main 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate 49320Taxi operation 49390Other passenger land transport n.e.c.

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ 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	222,6 k €	-5.7%	236,1 k €	+17.6%	200,8 k €	+7.7%	186,4 k €	+11.0%	167,9 k €	-4.4%	175,6 k €	+0.4%	174,8 k €	+26.8%	137,9 k €	-49.2%	271,6 k €	+141%	112,6 k €	-10.9%	126,4 k €	+45.6%	86,8 k €	-36.5%	136,7 k €	-4.1%	142,6 k €	+27.5%	111,8 k €	+10.2%	101,5 k €	+4.1%	97,5 k €	+41.0%	69,2 k €	-7.1%	74,5 k €	+58.5%	47 k €
EBITDA	208,4 k €	-6.3%	222,3 k €	+62.6%	136,7 k €	-22.3%	175,9 k €	+17.5%	149,7 k €	-8.7%	163,9 k €	+52.4%	107,6 k €	-30.6%	154,9 k €	-23.1%	201,6 k €	+114%	94,1 k €	+3.3%	91 k €	+29.0%	70,6 k €	-39.2%	116,1 k €	+7.4%	108,1 k €	+27.7%	84,7 k €	+7.3%	78,9 k €	-9.8%	87,4 k €	+42.7%	61,2 k €	+1.7%	60,2 k €	+52.9%	39,4 k €
Operating result	128,4 k €	-8.7%	140,5 k €	+123%	63 k €	-33.9%	95,3 k €	+38.2%	69 k €	-27.3%	94,9 k €	+133%	40,8 k €	-21.8%	52,1 k €	+97.5%	26,4 k €	+292%	6,7 k €	-20.7%	8,5 k €	+156%	-15,1 k €	-147%	32,1 k €	+61.3%	19,9 k €	+50.3%	13,3 k €	-75.3%	53,7 k €	+1.0%	53,1 k €	+155%	20,9 k €	-1.5%	21,2 k €	+1888%	-1,2 k €
Net result	40,1 k €	-55.1%	89,5 k €	+17713%	-508 €	-101%	73,1 k €	+42.6%	51,2 k €	-35.0%	78,8 k €	+214%	25,1 k €	-18.1%	30,6 k €	+334%	-13,1 k €	-123%	58 k €	+229%	-45,1 k €	+36.4%	-70,9 k €	-167%	-26,6 k €	-21.0%	-22 k €	+9.0%	-24,1 k €	-239%	17,3 k €	-51.5%	35,7 k €	+263%	9,8 k €	+30.0%	7,6 k €	+129%	-26,1 k €
Balance sheet
Equity	650,2 k €	+6.6%	610 k €	+17.2%	520,6 k €	-0.1%	521,1 k €	+16.3%	448 k €	+12.9%	396,7 k €	+24.8%	317,9 k €	+8.6%	292,9 k €	+11.7%	262,2 k €	+54.9%	169,3 k €	-41.9%	291,3 k €	-13.4%	336,4 k €	-17.4%	407,3 k €	-41.2%	693,1 k €	-3.1%	715 k €	-3.3%	739,1 k €	+2.4%	721,8 k €	+5.2%	686,1 k €	+38.3%	496,3 k €	+1.5%	488,7 k €
Total assets	2,5 M €	-2.6%	2,6 M €	-3.0%	2,7 M €	-6.5%	2,9 M €	-1.9%	2,9 M €	+7.6%	2,7 M €	+9.3%	2,5 M €	-1.5%	2,5 M €	-4.5%	2,6 M €	-3.0%	2,7 M €	+5.1%	2,6 M €	-5.7%	2,8 M €	-8.3%	3 M €	-4.4%	3,1 M €	+42.7%	2,2 M €	+6.9%	2,1 M €	+24.0%	1,7 M €	+17.9%	1,4 M €	+13.8%	1,2 M €	-8.9%	1,4 M €
Cash	28,3 k €	-71.4%	98,8 k €	+1.5%	97,3 k €	-37.2%	155 k €	-27.3%	213,2 k €	-15.2%	251,3 k €	-16.5%	301 k €	+130777%	230 €	-97.0%	7,6 k €	-92.7%	104,6 k €	+1603%	6,1 k €	+397%	1,2 k €	-97.4%	47,2 k €	+1423%	3,1 k €	-97.4%	121,3 k €	-0.7%	122,2 k €	+9650%	1,3 k €	-31.0%	1,8 k €	-58.7%	4,4 k €	-45.0%	8 k €
Debts	1,6 M €	-5.2%	1,6 M €	-7.4%	1,8 M €	-8.4%	1,9 M €	-5.2%	2,1 M €	+9.0%	1,9 M €	+10.3%	1,7 M €	-2.0%	1,7 M €	-4.9%	1,8 M €	-2.4%	1,9 M €	+9.4%	1,7 M €	-6.0%	1,8 M €	-8.8%	2 M €	-17.5%	2,4 M €	+66.1%	1,5 M €	+13.1%	1,3 M €	+42.4%	906 k €	+31.8%	687,4 k €	-2.3%	703,9 k €	-15.2%	830,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

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

Active mandates

Jean Paul Van Honsebrouck

Director

Active

Ended mandates

Jean Paul Van Honsebrouck

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
MY● Active	0885.660.478
Pulse Collective● Active	1005.386.192
STAM PROJECT● Active	1003.469.651
V.M.E. JAN VAN RIJSWIJCKLAAN 71● Active	0850.395.634

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	27/08/2025	14/08/2024	30/08/2023	26/08/2022	30/08/2021
General meeting	25/06/2026	25/06/2025	25/06/2024	30/06/2023	30/06/2022	31/07/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	25/06/2026	31/08/2026	Dutch	PDF
Micro model	31/12/2024	25/06/2025	27/08/2025	Dutch	PDF
Micro model	31/12/2023	25/06/2024	14/08/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	30/08/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	26/08/2022	Dutch	PDF
Micro model	31/12/2020	31/07/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	31/07/2020	28/09/2020	Dutch	PDF
Micro model	31/12/2018	30/06/2019	28/08/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	10/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	29/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	28/08/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	25/09/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/07/2007	28/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 1 ended

Active mandates

Jean Paul Van Honsebrouck

Director

Active

Ended mandates

Jean Paul Van Honsebrouck

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/10/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office01/07/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates22/08/2013
ONTSLAGEN - BENOEMINGEN
PDF
Registered office29/03/2011
MAATSCHAPPELIJKE ZETEL
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 202540,1 k €↓
2024
Annual accounts 202489,5 k €↑
2023
Annual accounts 2023-508 €↓
2022
Annual accounts 202273,1 k €↑
2022
Name changeMaxcel
2021
Annual accounts 202151,2 k €↓
2021
Name changeGARAGE J.P.C. HUIS VERWILT B.V.B.A.
2020
Annual accounts 202078,8 k €↑
2019
Annual accounts 201925,1 k €↓
2018
Annual accounts 201830,6 k €↑
2017
Annual accounts 2017-13,1 k €↓
2016
Annual accounts 201658 k €↑
2015
Annual accounts 2015-45,1 k €↑
2014
Annual accounts 2014-70,9 k €↓
2013
Annual accounts 2013-26,6 k €↓
2012
Annual accounts 2012-22 k €↑
2011
Annual accounts 2011-24,1 k €↓
2010
Annual accounts 201017,3 k €↓
2009
Annual accounts 200935,7 k €↑
2008
Annual accounts 20089,8 k €↑
2007
Annual accounts 20077,6 k €↑
2006
Annual accounts 2006-26,1 k €
01/01/1968
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

Maxcel

Overview

What does Maxcel 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