MALDEX
0416.873.633 · rovalta.com · 23/09/2026
ACTIVE
MALDEX
Financial year 2025 · closed on 31/12/2025
Net result
181 k €
+3.9% YoY
Gross margin
1,9 M €
-5.1% YoY
Equity
2 M €
+2.4% YoY
Workforce
23,9 ETP
-5.5% YoY
Overview
What does MALDEX do?
MALDEX is a Public limited company incorporated in 1977. Its main activity is: Manufacture of other builders' carpentry and joinery. Its registered office is in Evergem. It employs on average 23,9 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0416.873.633
Incorporation
01/01/1977
Legal form
Public limited company
Registered office
Hooiwege 38
9940 Evergem · FlandreSee on map
9940 Evergem · FlandreSee on map
Contributed capital
61 973,38 €
Latest accounts
31/12/2025
Average workforce
23,9 ETP
Activities (NACE)
16230Manufacture of other builders' carpentry and joinery· main16230Manufacture of other builders' carpentry and joinery20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics43320Joinery installation43320Joinery installation45422Sale, maintenance and repair of motorcycles and related parts and accessories+3
Joint committees (3)
- 124
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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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 | 1,9 M € | -5.1% | 2,1 M € | -1.4% | 2,1 M € | +9.2% | 1,9 M € | -1.0% | 1,9 M € | +10.8% | 1,7 M € | -4.7% | 1,8 M € | +6.9% | 1,7 M € | +1.2% | 1,7 M € | -0.6% | 1,7 M € | +4.6% | 1,6 M € | -0.8% | 1,6 M € | +4.9% | 1,6 M € | -7.4% | 1,7 M € | +19.1% | 1,4 M € | -21.5% | 1,8 M € | +6.1% | 1,7 M € | -1.2% | 1,7 M € | +2.5% | 1,7 M € | +10.0% | 1,5 M € |
| EBITDA | 362,4 k € | +2.4% | 354 k € | -0.4% | 355,3 k € | +0.9% | 352,1 k € | -17.9% | 428,9 k € | +24.2% | 345,3 k € | -0.5% | 347 k € | +11.5% | 311,2 k € | -10.4% | 347,4 k € | -0.2% | 348 k € | -16.9% | 419 k € | +53.1% | 273,7 k € | -10.4% | 305,6 k € | -36.1% | 478,6 k € | +2156% | -23,3 k € | -107% | 357,8 k € | +7.6% | 332,7 k € | -10.4% | 371,4 k € | +38.4% | 268,4 k € | -13.3% | 309,6 k € |
| Operating result | 233 k € | -5.9% | 247,5 k € | +18.4% | 209 k € | +5.3% | 198,5 k € | -9.6% | 219,7 k € | -1.5% | 223,1 k € | +31.8% | 169,2 k € | +16.9% | 144,7 k € | +47.9% | 97,9 k € | -32.3% | 144,5 k € | -36.2% | 226,4 k € | +137% | 95,4 k € | -38.1% | 154,1 k € | -51.8% | 319,5 k € | +296% | -162,8 k € | -184% | 193,1 k € | -10.2% | 215 k € | +75.0% | 122,9 k € | -10.0% | 136,6 k € | -18.3% | 167,1 k € |
| Net result | 181 k € | +3.9% | 174,3 k € | +10.0% | 158,4 k € | -2.4% | 162,3 k € | -16.2% | 193,6 k € | +2.8% | 188,3 k € | +41.2% | 133,4 k € | +10.9% | 120,2 k € | +59.3% | 75,5 k € | -18.1% | 92,1 k € | -21.4% | 117,2 k € | +35.5% | 86,5 k € | -9.1% | 95,2 k € | -59.1% | 233 k € | +241% | -165 k € | -135% | 470,5 k € | +313% | 113,9 k € | +48.9% | 76,5 k € | -17.1% | 92,3 k € | -17.7% | 112,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 2 M € | +2.4% | 2 M € | +2.8% | 1,9 M € | +4.6% | 1,8 M € | +4.0% | 1,7 M € | +12.5% | 1,6 M € | +13.8% | 1,4 M € | +10.8% | 1,2 M € | +10.8% | 1,1 M € | +7.3% | 1 M € | +9.8% | 944,6 k € | +6.8% | 884,8 k € | +10.8% | 798,3 k € | +8.6% | 735,1 k € | +46.2% | 503 k € | -24.7% | 667,9 k € | +237% | 198,2 k € | -81.5% | 1,1 M € | +7.6% | 995,3 k € | -17.3% | 1,2 M € |
| Total assets | 2,6 M € | -3.4% | 2,7 M € | -2.6% | 2,7 M € | +6.1% | 2,6 M € | +4.1% | 2,5 M € | +20.9% | 2,1 M € | +17.4% | 1,8 M € | -5.5% | 1,9 M € | -6.5% | 2 M € | +28.5% | 1,5 M € | -14.7% | 1,8 M € | -3.1% | 1,9 M € | -12.2% | 2,1 M € | -11.1% | 2,4 M € | +16.7% | 2 M € | -13.2% | 2,4 M € | -16.7% | 2,8 M € | +6.9% | 2,7 M € | +13.6% | 2,3 M € | +1.3% | 2,3 M € |
| Cash | 372,5 k € | +38.2% | 269,5 k € | +40.4% | 191,9 k € | +180% | 68,5 k € | -78.9% | 325,1 k € | -24.6% | 431,2 k € | +188% | 149,7 k € | +40.7% | 106,4 k € | +380% | 22,2 k € | -60.5% | 56,1 k € | +24.6% | 45 k € | -39.8% | 74,8 k € | -53.9% | 162,4 k € | +134% | 69,4 k € | -63.6% | 190,7 k € | -55.9% | 432,3 k € | +21.3% | 356,5 k € | +67.3% | 213,1 k € | -53.1% | 454,6 k € | -12.9% | 521,9 k € |
| Debts | 577 k € | -19.4% | 716,2 k € | -15.0% | 842,7 k € | +9.6% | 769,1 k € | +4.4% | 736,7 k € | +46.9% | 501,6 k € | +30.0% | 385,9 k € | -37.8% | 620,8 k € | -28.6% | 869,4 k € | +82.8% | 475,6 k € | -44.9% | 863 k € | -11.7% | 977,1 k € | -26.3% | 1,3 M € | -13.5% | 1,5 M € | +12.4% | 1,4 M € | -4.2% | 1,4 M € | -36.2% | 2,2 M € | +57.3% | 1,4 M € | +19.0% | 1,2 M € | +14.9% | 1 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 23,9 ETP | -5.5% | 25,3 ETP | -10.6% | 28,3 ETP | 0.0% | 28,3 ETP | -2.1% | 28,9 ETP | +4.3% | 27,7 ETP | -8.0% | 30,1 ETP | +7.1% | 28,1 ETP | +1.4% | 27,7 ETP | 0.0% | 27,7 ETP | +9.1% | 25,4 ETP | -4.9% | 26,7 ETP | +5.5% | 25,3 ETP | -0.4% | 25,4 ETP | +3.3% | 24,6 ETP | +0.4% | 24,5 ETP | -2.4% | 25,1 ETP | +0.4% | 25,0 ETP | +4.2% | 24,0 ETP | +4.3% | 23,0 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 10 ended
Active mandates
Danny CLAUS
ActiveLaura CLAUS
ActiveEnded mandates
Danny Claus
EndedDanny Claus
EndedDanny Claus
EndedLouis Claus
EndedFinancials
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 | 17/07/2026 | 27/08/2025 | 13/08/2024 | 30/08/2023 | 16/08/2022 | 06/07/2021 |
| General meeting | 15/07/2026 | 29/07/2025 | 11/05/2024 | 05/05/2023 | 06/05/2022 | 07/05/2021 |
| 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 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 15/07/2026 | 17/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 29/07/2025 | 27/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 11/05/2024 | 13/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 05/05/2023 | 30/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 06/05/2022 | 16/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 07/05/2021 | 06/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 08/05/2020 | 10/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 11/05/2019 | 29/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 12/05/2018 | 05/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 13/05/2017 | 05/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 14/05/2016 | 14/09/2016 | Dutch | |
| Abridged model | 31/12/2014 | 09/05/2015 | 31/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 10/05/2014 | 29/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 11/05/2013 | 31/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 12/05/2012 | 30/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 14/05/2011 | 30/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 08/05/2010 | 22/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 09/05/2009 | 06/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 13/05/2008 | 25/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 12/05/2007 | 31/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 10 ended
Active mandates
Danny CLAUS
ActiveLaura CLAUS
ActiveEnded mandates
Danny Claus
EndedDanny Claus
EndedDanny Claus
EndedLouis Claus
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025181 k €↑
- 2024Annual accounts 2024174,3 k €↑
- 2023Annual accounts 2023158,4 k €↓
- 2022Annual accounts 2022162,3 k €↓
- 2021Annual accounts 2021193,6 k €↑
- 2020Annual accounts 2020188,3 k €↑
- 2019Annual accounts 2019133,4 k €↑
- 2018Annual accounts 2018120,2 k €↑
- 2017Annual accounts 201775,5 k €↓
- 2016Annual accounts 201692,1 k €↓
- 2015Annual accounts 2015117,2 k €↑
- 2014Annual accounts 201486,5 k €↓
- 2013Annual accounts 201395,2 k €↓
- 2012Annual accounts 2012233 k €↑
- 2011Annual accounts 2011-165 k €↓
- 2010Annual accounts 2010470,5 k €↑
- 2009Annual accounts 2009113,9 k €↑
- 2008Annual accounts 200876,5 k €↓
- 2007Annual accounts 200792,3 k €↓
- 2006Annual accounts 2006112,1 k €
- 01/01/1977IncorporationPublic limited company