ACTIVE

N.V.MAES

Financial year 2025 · Closed on 31/12/2025

Net result174,3 k €+8,3 %over 1 year

Gross margin495,4 k €-4,5 %over 1 year

Equity6 M €-0,8 %over 1 year

Identity

Source · BCE/KBO

N.V.MAES is a Public limited company incorporated in 1980. Its main activity is: Architectural and engineering activities; technical testing and analysis. Its registered office is in Zandhoven.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0420.422.744
Incorporation: 25/03/1980
Legal form: Public limited company
Registered office: Moerstraat 12
2242 Zandhoven · FlandreSee on map
Contributed capital: 1 527 680,41 €
Latest accounts: 31/12/2025

Activities (NACE)

71320Architectural and engineering activities; technical testing and analysis· main 77320Rental and leasing of construction and civil engineering machinery and equipment 77320Rental and leasing of construction and civil engineering machinery and equipment 43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.45250Maintenance and repair of motor vehicles+3

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	495,4 k €	-4.5%	518,5 k €	+16.7%	444,3 k €	-35.0%	683,5 k €	-73.9%	2,6 M €
EBITDA	437,7 k €	+0.6%	435 k €	+32.7%	327,9 k €	-48.4%	635,6 k €	-75.4%	2,6 M €
Operating result	160,6 k €	-10.3%	179 k €	+54.6%	115,8 k €	-14.8%	135,9 k €	-94.0%	2,3 M €
Net result	174,3 k €	+8.3%	161 k €	+37.7%	116,9 k €	+192%	40 k €	-97.7%	1,7 M €
Balance sheet
Equity	6 M €	-0.8%	6,1 M €	+0.0%	6,1 M €	-9.2%	6,7 M €	-3.2%	6,9 M €
Total assets	6,6 M €	-2.0%	6,7 M €	-0.5%	6,8 M €	-10.1%	7,5 M €	-20.6%	9,5 M €
Cash	3,3 M €	-1.2%	3,3 M €	+4.7%	3,2 M €	+19.0%	2,7 M €	-7.7%	2,9 M €
Debts	493,9 k €	-11.7%	559,3 k €	-2.9%	575,7 k €	-17.8%	700,6 k €	-71.0%	2,4 M €

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 31/12/2025

3 active · 18 ended

Active mandates

Godelieve Winkelmans

Managing director · since 25 juillet 2022 · until 24 juin 2029

Active

GREET MAES

Managing director · since 28 mai 2019 · until 24 juin 2029 · 0461.962.696

Represented by Greet Maes

Active

Maes International N.V.

Managing director · since 30 mai 2017 · until 24 juin 2029 · 0438.630.634

Represented by Albert Maes

Active

Ended mandates

Godelieve Winkelmans

Managing director · since 25 juillet 2022 · until 23 juin 2023

Ended

Albert Maes

Managing director · since 28 mai 2019 · until 01 janvier 2020

Ended

GREET MAES

Managing director · since 28 mai 2019 · until 24 avril 2025 · 0461.962.696

Represented by Maes GREET

Ended

GREET MAES

Managing director · since 28 mai 2019 · until 27 mai 2025 · 0461.962.696

Represented by Maes Greet

Ended

Other companies at this address

Moerstraat 12 2242 Zandhoven

Company	CBE no.
Clan Maes● Active	0724.864.667

Full financial information

Source · NBB

	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	16/07/2026	14/07/2025	02/07/2024	30/06/2023	01/07/2022	27/07/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	23/06/2023	03/06/2022	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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	16/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	14/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	02/07/2024	Dutch	PDF
Abridged model	31/12/2022	23/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	01/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	27/07/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	08/10/2020	Dutch	PDF
Abridged model	31/12/2018	28/05/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	22/05/2018	26/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/05/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	26/07/2016	Dutch	PDF
Abridged model	31/12/2014	26/05/2015	24/07/2015	Dutch	PDF
Abridged model	31/12/2013	27/05/2014	30/07/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	05/08/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	30/07/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	28/07/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	27/07/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	22/07/2009	Dutch	PDF
Abridged model	31/12/2007	27/05/2008	14/07/2008	Dutch	PDF
Abridged model	31/12/2006	22/05/2007	25/07/2007	Dutch	PDF

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 31/12/2025

3 active · 18 ended

Active mandates

Godelieve Winkelmans

Managing director · since 25 juillet 2022 · until 24 juin 2029

Active

GREET MAES

Managing director · since 28 mai 2019 · until 24 juin 2029 · 0461.962.696

Represented by Greet Maes

Active

Maes International N.V.

Managing director · since 30 mai 2017 · until 24 juin 2029 · 0438.630.634

Represented by Albert Maes

Active

Ended mandates

Godelieve Winkelmans

Managing director · since 25 juillet 2022 · until 23 juin 2023

Ended

Albert Maes

Managing director · since 28 mai 2019 · until 01 janvier 2020

Ended

GREET MAES

Managing director · since 28 mai 2019 · until 24 avril 2025 · 0461.962.696

Represented by Maes GREET

Ended

GREET MAES

Managing director · since 28 mai 2019 · until 27 mai 2025 · 0461.962.696

Represented by Maes Greet

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates31/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/07/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares09/08/2016
KAPITAAL - AANDELEN
PDF
Capital / shares17/06/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/09/2011
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025174,3 k €↑
2024
Annual accounts 2024161 k €↑
2023
Annual accounts 2023116,9 k €↑
2022
Annual accounts 202240 k €↓
2021
Annual accounts 20211,7 M €↑
2018
Annual accounts 2018101,9 k €↑
2017
Annual accounts 201770,6 k €↓
2016
Annual accounts 2016141,7 k €↓
2015
Annual accounts 2015468,5 k €↑
2014
Annual accounts 2014199,4 k €↑
2013
Annual accounts 2013188,6 k €↓
2012
Annual accounts 2012199,5 k €↓
2011
Annual accounts 2011207,6 k €↑
2010
Annual accounts 2010167,3 k €↑
2009
Annual accounts 2009128,2 k €↑
2008
Annual accounts 2008-261,1 k €↓
2007
Annual accounts 2007-119,1 k €↓
2006
Annual accounts 20061,3 M €
25/03/1980
IncorporationPublic limited company

N.V.MAES

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