ACTIVE

MAATSCHAPPIJ TOT EXPLOITATIE VAN IMMOBILIEN

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Financial year 2025 · Closed on 31/12/2025

Net result131,7 M €+625,2 %over 1 year

Revenue28,3 M €-3,1 %over 1 year

Equity327,2 M €+11,8 %over 1 year

Workforce83,8 ETP-15,1 %over 1 year

Identity

Source · BCE/KBO

MAATSCHAPPIJ TOT EXPLOITATIE VAN IMMOBILIEN is a Public limited company incorporated in 1945. Its main activity is: Development of building projects. Its registered office is in Waregem. It employs on average 83,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0405.580.655
Incorporation: 10/07/1945
Legal form: Public limited company
Registered office: Franklin Rooseveltlaan 180
8790 Waregem · FlandreSee on map
Contributed capital: 23 000 000,00 €
Latest accounts: 31/12/2025
Average workforce: 83,8 ETP

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 70100Activities of head offices 70100Activities of head offices 70111Activities of head offices 68100Buying and selling of own real estate+1

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 32 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	28,3 M €	-3.1%	29,2 M €	-8.7%	32 M €	-9.2%	35,3 M €	+20.4%	29,3 M €
EBITDA	127 M €	+2603%	4,7 M €	-21.9%	6 M €	+22.1%	4,9 M €	+82.1%	2,7 M €
Operating result	136,4 M €	+2725%	-5,2 M €	-190%	5,8 M €	+24.5%	4,6 M €	+92.4%	2,4 M €
Net result	131,7 M €	+625%	-25,1 M €	-855%	3,3 M €	-80.2%	16,7 M €	+383%	-5,9 M €
Balance sheet
Equity	327,2 M €	+11.8%	292,5 M €	-7.9%	317,6 M €	+1.1%	314,3 M €	-1.0%	317,4 M €
Total assets	1,1 Md €	+23.8%	896,8 M €	-15.5%	1,1 Md €	-2.2%	1,1 Md €	-0.2%	1,1 Md €
Cash	10,2 M €	-15.2%	12 M €	-16.9%	14,5 M €	+753%	1,7 M €	-95.2%	35,8 M €
Debts	781,6 M €	+31.8%	593,1 M €	-20.2%	743,1 M €	-3.4%	769,5 M €	+0.1%	768,8 M €
Other
Workforce	83,8 ETP	-15.1%	98,7 ETP	-14.8%	115,9 ETP	-6.8%	124,3 ETP	+2.3%	121,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 18 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Godelieve Mostrey	Director02/10/2024 → 05/06/2028
Dorebor0631.932.531Represented by Karel Van Eetvelt	Director26/05/2015 → 05/06/2028
NG 53 Consult BVRepresented by Walter De Boer	Director06/06/2017 → 05/06/2028
SdL ADVICE0830.460.154Represented by Sonja Rottiers	Director06/05/2020 → 05/06/2028
BRUNIM0442.802.129Represented by Bruno Vande Vyvere	Director01/06/2013 → 05/06/2028
NIMMOBO0436.373.207Represented by Bénédicte Vande Vyvere	Director01/06/2013 → 05/06/2028
VAUBAN0838.114.246Represented by Gaëtan Hannecart	Managing director01/06/2013 → 05/06/2028Director01/06/2013 → 30/06/2022endedChairman of the board of directors01/12/2011 → 05/06/2017ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JHI CONSULT0802.836.237Represented by Jean Hilgers	Director01/03/2024 → 05/06/2028
JoVB0631.735.759Represented by Jo Van Biesbroeck	Director30/06/2021 → 07/06/2027

Other companies at this address

Franklin Rooseveltlaan 180 8790 Waregem

Company	CBE no.
Antwerp Tower● Active	0406.301.029
DE BURKEL● Active	0438.188.887
DENDER DEVELOPMENT● Active	0839.991.888
DENDER DEVELOPMENT II● Active	0674.897.096
DENDER LAND● Active	0839.990.997
DE PORRE● Active	1028.224.249
GALERIE DES CARMES● Active	0439.239.655
HET SCHEPENHOF- LES JARDINS DE L'ECHEVINAGE● Liquidation	0442.345.635
HOOGLATEM● Active	0884.210.824
Immo B-Hive● Active	1017.696.284
KEIZER VASTGOED● Active	0474.402.056
Leopoldskazerne● Active	0691.653.253
MATEXI CITY DEVELOPMENT● Active	0460.631.818
MATEXI GROUP● Active	0776.928.428
MATEXI PROJECTS● Active	0821.445.389
MATEXI REAL ESTATE FINANCE● Active	0462.300.812
MATEXI WEST-VLAANDEREN● Active	0540.738.574
METROPOOL VASTGOED● Active	0474.818.067
Neighbourhood Improvement Fund● Active	1029.791.194
Nieuw Brugge● Active	0899.111.014

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	27/07/2026	30/06/2025	18/06/2024	04/07/2023	05/07/2022	01/07/2021
General meeting	29/06/2026	30/06/2025	11/06/2024	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 32 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/06/2026	27/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	30/06/2025	Dutch	PDF
Full modelCorrection	31/12/2023	11/06/2024	18/06/2024	Dutch	PDF
Full model	31/12/2023	11/06/2024	12/06/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	04/07/2023	Dutch	PDF
Consolidated accounts	31/12/2022	30/06/2023	06/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	05/07/2022	Dutch	PDF
Consolidated accounts	31/12/2021	30/06/2022	08/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	01/07/2021	Dutch	PDF
Consolidated accounts	31/12/2020	30/06/2021	01/07/2021	Dutch	PDF
Full model	31/12/2019	17/06/2020	26/06/2020	Dutch	PDF
Consolidated accounts	31/12/2019	29/06/2020	02/07/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	15/07/2019	Dutch	PDF
Consolidated accounts	31/12/2018	28/06/2019	11/07/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	02/07/2018	Dutch	PDF
Consolidated accounts	31/12/2017	29/06/2018	03/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	17/08/2017	Dutch	PDF
Consolidated accounts	31/12/2016	30/06/2017	23/08/2017	Dutch	PDF
Full model	31/12/2015	24/05/2016	02/06/2016	Dutch	PDF
Consolidated accounts	31/12/2015	24/05/2016	30/05/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	28/08/2015	Dutch	PDF
Consolidated accounts	31/12/2014	30/06/2015	26/11/2015	Dutch	PDF
Full model	31/12/2013	02/06/2014	12/08/2014	Dutch	PDF
Consolidated accounts	31/12/2013	02/06/2014	18/07/2014	Dutch	PDF
Full model	31/12/2012	06/06/2013	02/09/2013	Dutch	PDF
Full model	31/12/2011	29/06/2012	06/07/2012	Dutch	PDF
Full model	31/12/2010	01/06/2011	20/07/2011	Dutch	PDF
Full model	31/12/2009	07/06/2010	23/07/2010	Dutch	PDF
Full modelCorrection	31/12/2008	19/06/2009	26/08/2009	Dutch	PDF
Full model	31/12/2008	19/06/2009	24/07/2009	Dutch	PDF
Full model	31/12/2007	02/06/2008	24/07/2008	Dutch	PDF
Full model	31/12/2006	04/06/2007	20/07/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 18 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Godelieve Mostrey	Director02/10/2024 → 05/06/2028
Dorebor0631.932.531Represented by Karel Van Eetvelt	Director26/05/2015 → 05/06/2028
NG 53 Consult BVRepresented by Walter De Boer	Director06/06/2017 → 05/06/2028
SdL ADVICE0830.460.154Represented by Sonja Rottiers	Director06/05/2020 → 05/06/2028
BRUNIM0442.802.129Represented by Bruno Vande Vyvere	Director01/06/2013 → 05/06/2028
NIMMOBO0436.373.207Represented by Bénédicte Vande Vyvere	Director01/06/2013 → 05/06/2028
VAUBAN0838.114.246Represented by Gaëtan Hannecart	Managing director01/06/2013 → 05/06/2028Director01/06/2013 → 30/06/2022endedChairman of the board of directors01/12/2011 → 05/06/2017ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JHI CONSULT0802.836.237Represented by Jean Hilgers	Director01/03/2024 → 05/06/2028
JoVB0631.735.759Represented by Jo Van Biesbroeck	Director30/06/2021 → 07/06/2027

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates25/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other26/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates06/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/10/2021
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation1945

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Godelieve Mostrey

Dorebor

SdL ADVICE

NG 53 Consult BV

NIMMOBO

BRUNIM

VAUBAN

JHI CONSULT

JoVB

Vybros Real Estate

BCCONSEIL

FINANCIERE DES CYTISES

and 13 more mandates

196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

Matexi NVMATEXI afkorting van MAATSCHAPPIJ TOT EXPLOITATIE IMMOBILIEN

Franklin Rooseveltlaan 180, 8790 Waregem

Director

Managing directorDirectorChairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Franklin Rooseveltlaan 180, 8790 WaregemCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00360573

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MAATSCHAPPIJ TOT EXPLOITATIE VAN IMMOBILIENCurrent		CBE
Matexi NV	accounts 2021 → 2025	Accounts 2025 · 2026-00360573
MATEXI afkorting van MAATSCHAPPIJ TOT EXPLOITATIE IMMOBILIEN	accounts 2006 → 2020	Accounts 2020 · 2021-32300464

Events

2025
Annual accounts 2025131,7 M €↑
2024
Annual accounts 2024-25,1 M €↓
02/10/2024
nominationGodelieve Mostrey · bestuurder
28/03/2024
reconductionDorebor BV · bestuurder
28/03/2024
reconductionNG53 Consult BV · bestuurder
28/03/2024
reconductionSdl Advice BV · bestuurder
01/03/2024
nominationJHI Consult BV · bestuurder
01/01/2024
nominationVauban NV · Uitvoerend Voorzitter
2023
Annual accounts 20233,3 M €↓
16/10/2023
nominationBOOST+ BV · lid van het directiecomité
2022
Annual accounts 202216,7 M €↑
2021
Annual accounts 2021-5,9 M €↓
2021
Name changeMatexi NV
2020
Annual accounts 2020-3,7 M €↓
2019
Annual accounts 2019-2 M €↓
2018
Annual accounts 201825 M €↑
2017
Annual accounts 2017-10,2 M €↓
2016
Annual accounts 2016-9,9 M €↓
2015
Annual accounts 20152,4 M €↓
2014
Annual accounts 201430,3 M €↓
2013
Annual accounts 2013180,5 M €↑
2012
Annual accounts 201271,3 M €↑
2011
Annual accounts 20119 M €↓
2010
Annual accounts 201024,7 M €↑
2009
Annual accounts 200913,4 M €↓
2008
Annual accounts 200816,4 M €↓
2007
Annual accounts 200743,8 M €↑
2006
Annual accounts 200618,3 M €
10/07/1945
IncorporationPublic limited company

MAATSCHAPPIJ TOT EXPLOITATIE VAN IMMOBILIEN

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events