ACTIVE

MAMMOET (BELGIUM)

Financial year 2024 · Closed on 31/12/2024

Net result-1 M €-245,2 %over 1 year
Revenue22 M €-16,9 %over 1 year
Equity9,5 M €-9,8 %over 1 year
Workforce88,9 ETP+3,4 %over 1 year

Identity

Source · BCE/KBO

MAMMOET (BELGIUM) is a Public limited company incorporated in 1946. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Gent. It employs on average 88,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0405.255.310
Incorporation
01/04/1946
Legal form
Public limited company
Registered office
Knippegroen 1
9042 Gent · FlandreSee on map
Contributed capital
4 215 881,83 €
Latest accounts
31/12/2024
Average workforce
88,9 ETP
Joint committees (4)
  • 111
  • 11103
  • 209
  • 20900
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 13 financial years

20242023202220212019
Income statement
Revenue22 M €26,5 M €23,4 M €29,3 M €12,4 M €
EBITDA1,6 M €3,2 M €1,5 M €2,2 M €130,3 k €
Operating result-582,9 k €900,1 k €452 k €581,2 k €-902,6 k €
Net result-1 M €707,7 k €553,8 k €427,8 k €4,6 M €
Balance sheet
Equity9,5 M €10,5 M €9,8 M €9,3 M €14,2 M €
Total assets29,5 M €29,9 M €28,7 M €27,8 M €18,4 M €
Cash793,1 k €1,5 M €427 k €1,3 M €1,2 M €
Debts20 M €19,3 M €18,9 M €18,5 M €4,2 M €
Other
Workforce88,9 ETP86,0 ETP89,6 ETP90,4 ETP71,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 27 ended

Active mandates

Luc Smulders

Director · since 07 février 2025 · until 06 février 2031

Active
Steven Huylebroeck

Managing director · since 07 février 2025 · until 06 février 2031

Active

Ended mandates

Steven Huylebroeck

Managing director · since 17 juillet 2023 · until 01 juin 2029

Ended
Ulrich Van De Woestyne

Director · since 01 avril 2020 · until 01 juin 2026

Ended
Ulrich Van De Woestyne

Managing director · since 01 avril 2020 · until 01 juin 2026

Ended
Luc Smulders

Director · since 31 mai 2019 · until 02 juin 2025

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/07/202510/12/202419/07/202303/03/202316/03/202205/10/2020
General meeting30/06/202529/11/202414/07/202324/02/202310/03/202230/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202430/06/202502/07/2025DutchPDF
Full model31/12/202329/11/202410/12/2024DutchPDF
Full model31/12/202214/07/202319/07/2023DutchPDF
Full model31/12/202124/02/202303/03/2023DutchPDF
Full model31/12/202010/03/202216/03/2022DutchPDF
Full model31/12/201930/09/202005/10/2020DutchPDF
Full model31/12/201820/12/201907/01/2020DutchPDF
Full model31/12/201727/09/201828/09/2018DutchPDF
Full model31/12/201620/09/201726/09/2017DutchPDF
Full model31/12/201530/06/201605/07/2016DutchPDF
Full model31/12/201422/06/201507/07/2015DutchPDF
Full model31/12/201330/06/201429/07/2014DutchPDF
Full model31/12/201203/06/201312/06/2013DutchPDF
Full model31/12/201101/06/201213/07/2012DutchPDF
Full model31/12/201030/06/201120/07/2011DutchPDF
Full model31/12/200918/05/201018/06/2010DutchPDF
Full model31/12/200822/06/200927/07/2009DutchPDF
Full model31/12/200723/06/200815/07/2008DutchPDF
Full model31/12/200601/06/200707/09/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 27 ended

Active mandates

Luc Smulders

Director · since 07 février 2025 · until 06 février 2031

Active
Steven Huylebroeck

Managing director · since 07 février 2025 · until 06 février 2031

Active

Ended mandates

Steven Huylebroeck

Managing director · since 17 juillet 2023 · until 01 juin 2029

Ended
Ulrich Van De Woestyne

Director · since 01 avril 2020 · until 01 juin 2026

Ended
Ulrich Van De Woestyne

Managing director · since 01 avril 2020 · until 01 juin 2026

Ended
Luc Smulders

Director · since 31 mai 2019 · until 02 juin 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates12/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/02/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates17/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/02/2019
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-1 M €↓
  2. 2023
    Annual accounts 2023707,7 k €↑
  3. 2022
    Annual accounts 2022553,8 k €↑
  4. 2021
    Annual accounts 2021427,8 k €↓
  5. 2019
    Annual accounts 20194,6 M €↑
  6. 2018
    Annual accounts 2018-93,8 k €↑
  7. 2015
    Annual accounts 2015-133,4 k €↓
  8. 2012
    Annual accounts 2012-67,5 k €↓
  9. 2011
    Annual accounts 2011721,8 k €↑
  10. 2009
    Annual accounts 2009308,8 k €↑
  11. 2008
    Annual accounts 2008187,6 k €↓
  12. 2007
    Annual accounts 2007792,1 k €↑
  13. 2006
    Annual accounts 2006344,6 k €
  14. 01/04/1946
    IncorporationPublic limited company