ACTIVE

MAYEKAWA EUROPE

Financial year 2025 · Closed on 31/12/2025

Net result7,2 M €-26,4 %over 1 year
Revenue107,2 M €+4,5 %over 1 year
Equity76,1 M €+10,4 %over 1 year
Workforce85,9 ETP+4,2 %over 1 year

Identity

Source · BCE/KBO

MAYEKAWA EUROPE is a Public limited company incorporated in 1971. Its main activity is: Manufacture of non-domestic cooling and ventilation equipment. Its registered office is in Zaventem. It employs on average 85,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0408.415.035
Incorporation
17/06/1971
Legal form
Public limited company
Registered office
Leuvensesteenweg 605
1930 Zaventem · FlandreSee on map
Contributed capital
3 687 000,00 €
Latest accounts
31/12/2025
Average workforce
85,9 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 25 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue107,2 M €102,6 M €91,1 M €77,9 M €85,2 M €
EBITDA9,8 M €13,4 M €13 M €4,6 M €8,1 M €
Operating result9,7 M €13,2 M €11,6 M €4,9 M €7,7 M €
Net result7,2 M €9,8 M €8,4 M €3,9 M €5,8 M €
Balance sheet
Equity76,1 M €68,9 M €59,2 M €50,8 M €46,9 M €
Total assets102 M €95,6 M €84,9 M €74,5 M €69 M €
Cash21,4 M €8,1 M €16,5 M €13,9 M €17,7 M €
Debts22,2 M €23 M €21,9 M €20,4 M €17,3 M €
Other
Workforce85,9 ETP82,4 ETP81,8 ETP83,1 ETP83,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 15 ended

Active mandates

DirectorMandates in this companyPeriod
Shin Maekawa
Director21/01/2010 → 27/11/2026

Ended mandates

DirectorMandates in this companyPeriod
Kosei Tamura
Director21/12/2017 → 20/12/2023
Takeshi Sato
Director15/07/2017 → 14/07/2023

Other companies at this address

Leuvensesteenweg 605 1930 Zaventem
CompanyCBE no.
0422.943.457

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/07/202622/07/202519/07/202420/07/202326/07/202229/07/2021
General meeting30/06/202630/06/202528/06/202430/06/202330/06/202230/06/2021
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, 25 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202627/07/2026DutchPDF
Full model31/12/202430/06/202522/07/2025DutchPDF
Consolidated accounts31/12/202403/09/202530/10/2025DutchPDF
Full model31/12/202328/06/202419/07/2024DutchPDF
Consolidated accounts31/12/202303/09/202405/08/2025DutchPDF
Full model31/12/202230/06/202320/07/2023DutchPDF
Consolidated accounts31/12/202208/09/202318/07/2025DutchPDF
Full model31/12/202130/06/202226/07/2022DutchPDF
Full model31/12/202030/06/202129/07/2021DutchPDF
Full model31/12/201915/06/202014/07/2020DutchPDF
Consolidated accounts31/12/201917/07/202027/11/2020DutchPDF
Full model31/12/201828/06/201909/07/2019DutchPDF
Consolidated accounts31/12/201827/06/201927/11/2020DutchPDF
Full model31/12/201729/06/201826/07/2018DutchPDF
Full model31/12/201614/07/201727/07/2017DutchPDF
Full model31/12/201530/06/201616/08/2016DutchPDF
Full model31/12/201404/12/201524/01/2016DutchPDF
Full model31/12/201330/06/201419/08/2014DutchPDF
Full model31/12/201231/05/201324/07/2013DutchPDF
Full model31/12/201129/06/201202/08/2012DutchPDF
Full model31/12/201030/06/201109/08/2011DutchPDF
Full model31/12/200926/07/201030/09/2010DutchPDF
Full model31/12/200818/08/200928/08/2009DutchPDF
Full model31/12/200730/06/200814/08/2008DutchPDF
Full model31/12/200630/04/200703/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 31/12/2025

1 active · 15 ended

Active mandates

DirectorMandates in this companyPeriod
Shin Maekawa
Director21/01/2010 → 27/11/2026

Ended mandates

DirectorMandates in this companyPeriod
Kosei Tamura
Director21/12/2017 → 20/12/2023
Takeshi Sato
Director15/07/2017 → 14/07/2023

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/07/2026
    Hernieuwing mandaat enig bestuurder
    PDF
  • Mandates13/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/02/2022
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Mandates31/01/2022
    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
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
Shin Maekawa
Kosei Tamura
Takeshi Sato
Tsuyoshi HATTANDA
M. MAEKAWA
Hiroshi UCHIROKAWA
Katsuhiro YAMAGUCHI
T. SATO
Yoshifumi KAWABATA
Tomoyuki SASAKI
Toshio YAGITANI
Yoshiomi YAMAWAKI
and 4 more mandates
19711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
MAYEKAWA EUROPE
Leuvensesteenweg 605, 1930 Zaventem
Director
Director
Director
Managing director
Director
Director
DirectorManaging director
Director
Director
Director
Managing directorDirector
DirectorManaging director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Leuvensesteenweg 605, 1930 ZaventemCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00381384

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MAYEKAWA EUROPECurrent
accounts 2006 → 2025
Accounts 2025 · 2026-00381384

Events

  1. 2025
    Annual accounts 20257,2 M €↓
  2. 30/06/2025
    reconductionGeert Keunen · commissaris
  3. 2024
    Annual accounts 20249,8 M €↑
  4. 2023
    Annual accounts 20238,4 M €↑
  5. 23/06/2023
    nominationMaria Paloma RODRIGUEZ GARCIA · lasthebber
  6. 2022
    Annual accounts 20223,9 M €↓
  7. 30/06/2022
    reconductionVRC BEDRIJFSREVISOREN CVBA · commissaris
  8. 30/06/2022
    nominationKEUNEN Geert · vertegenwoordiger van de commissaris
  9. 2021
    Annual accounts 20215,8 M €↑
  10. 2018
    Annual accounts 20182,3 M €↓
  11. 2017
    Annual accounts 20173,7 M €↓
  12. 2016
    Annual accounts 20166 M €↑
  13. 2015
    Annual accounts 20152,9 M €↓
  14. 2014
    Annual accounts 20144,1 M €↑
  15. 2013
    Annual accounts 20133,1 M €↑
  16. 2012
    Annual accounts 20128,3 k €↑
  17. 2011
    Annual accounts 2011-1,3 M €↓
  18. 2010
    Annual accounts 2010447,8 k €↓
  19. 2009
    Annual accounts 20091,2 M €↓
  20. 2008
    Annual accounts 20081,7 M €↓
  21. 2007
    Annual accounts 20071,8 M €↓
  22. 2006
    Annual accounts 20062,8 M €
  23. 17/06/1971
    IncorporationPublic limited company