ACTIVE

PF Mahy

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Financial year 2025 · closed on 31/12/2025

Net result

-17,8 k €

-332.9% YoY

Gross margin

73,8 k €

-22.0% YoY

Equity

863,3 k €

-2.2% YoY

What does PF Mahy do?

PF Mahy is a Private limited company incorporated in 1985. Its registered office is in Schaerbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0428.149.684

Incorporation

18/12/1985

Legal form

Private limited company

Registered office

Rue des Mimosas 8
1030 Schaerbeek · BruxellesSee on map

Contributed capital

458 200,00 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

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	73,8 k €	-22.0%	94,6 k €	-19.8%	118 k €	+4.8%	112,7 k €	-32.1%	165,9 k €	+22.7%	135,2 k €	-9.4%	149,3 k €	-6.9%	160,4 k €	-17.7%	194,8 k €	+18.0%	165,1 k €	+24.6%	132,5 k €	-9.7%	146,7 k €	-28.8%	206,2 k €	-2.6%	211,6 k €	+41.4%	149,6 k €	-13.8%	173,6 k €	+18.2%	146,8 k €	-10.8%	164,7 k €	+16.2%	141,7 k €	+1.1%	140,2 k €
EBITDA	65 k €	-25.1%	86,7 k €	-20.5%	109,1 k €	+2.7%	106,2 k €	-32.1%	156,4 k €	+24.0%	126,1 k €	-11.5%	142,5 k €	+4.0%	137,1 k €	-4.1%	142,9 k €	+62.9%	87,7 k €	+142%	36,2 k €	-15.6%	42,9 k €	-54.3%	93,9 k €	-12.2%	107 k €	+104%	52,4 k €	-37.8%	84,3 k €	+40.4%	60 k €	-19.1%	74,2 k €	+2423%	2,9 k €	-52.8%	6,2 k €
Operating result	-13,6 k €	-175%	18 k €	-48.1%	34,7 k €	+205%	-33,2 k €	-139%	85,4 k €	+119%	39 k €	-43.0%	68,5 k €	+34.9%	50,8 k €	-60.1%	127,3 k €	+60.9%	79,1 k €	+272%	21,3 k €	+101%	10,6 k €	-82.9%	61,9 k €	-20.7%	78,1 k €	+245%	22,6 k €	-64.8%	64,2 k €	+21.9%	52,6 k €	-20.7%	66,4 k €	+526%	-15,6 k €	-10.5%	-14,1 k €
Net result	-17,8 k €	-333%	7,6 k €	-62.2%	20,2 k €	+156%	-36,1 k €	-150%	71,9 k €	+105%	35 k €	-42.2%	60,5 k €	+43.1%	42,3 k €	-58.9%	103 k €	+57.9%	65,3 k €	+258%	18,2 k €	+107%	8,8 k €	-85.1%	59 k €	-12.1%	67,1 k €	+242%	19,6 k €	-68.6%	62,4 k €	+15.0%	54,3 k €	-19.3%	67,3 k €	+584%	-13,9 k €	+8.2%	-15,1 k €
Balance sheet
Equity	863,3 k €	-2.2%	882,9 k €	-1.3%	894,1 k €	+0.3%	891,7 k €	-9.0%	979,9 k €	+2.8%	953,5 k €	+66.6%	572,4 k €	+11.1%	515,3 k €	+104%	253 k €	+29.8%	195 k €	-14.4%	227,7 k €	+0.1%	227,5 k €	+0.2%	227,1 k €	+2.2%	222,1 k €	+1.0%	220 k €	+0.1%	219,9 k €	+6.0%	207,5 k €	+4.7%	198,2 k €	+15.3%	171,9 k €	-7.5%	185,8 k €
Total assets	1 M €	+12.4%	930,2 k €	-1.2%	941,9 k €	-2.3%	963,7 k €	-10.7%	1,1 M €	-1.3%	1,1 M €	+57.9%	692,6 k €	+3.4%	670,1 k €	+66.8%	401,6 k €	-15.8%	477,1 k €	+5.5%	452,1 k €	-3.0%	466,2 k €	-14.0%	542,4 k €	-4.0%	564,8 k €	+6.8%	528,6 k €	-0.3%	530 k €	+12.6%	470,7 k €	+7.0%	440 k €	+10.0%	400 k €	+52.1%	263 k €
Cash	43 k €	-19.1%	53,1 k €	+103%	26,2 k €	-4.8%	27,5 k €	+102%	13,6 k €	-56.4%	31,1 k €	-72.2%	112 k €	+184%	39,4 k €	-61.8%	103,2 k €	-17.4%	124,9 k €	+39.8%	89,3 k €	+81.6%	49,2 k €	-40.4%	82,6 k €	-1.2%	83,5 k €	+30.7%	63,9 k €	-1.8%	65,1 k €	-6.6%	69,6 k €	-4.3%	72,8 k €	+79.4%	40,6 k €	+20.5%	33,7 k €
Debts	182,6 k €	+286%	47,3 k €	-0.9%	47,8 k €	-33.7%	72,1 k €	-27.7%	99,6 k €	-28.8%	139,9 k €	+16.3%	120,2 k €	-22.3%	154,8 k €	+4.2%	148,6 k €	-47.3%	282,2 k €	+25.8%	224,4 k €	-6.0%	238,7 k €	-24.3%	315,3 k €	-8.0%	342,7 k €	+11.0%	308,6 k €	-0.5%	310,2 k €	+17.8%	263,2 k €	+8.8%	241,8 k €	+6.1%	228 k €	+196%	77,1 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		1,3 ETP	-27.8%	1,8 ETP	-10.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	+5.3%	1,9 ETP	+5.6%	1,8 ETP	-37.9%	2,9 ETP	-3.3%	3,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

Jean-Valéry DE REUS

Director

Active

Ended mandates

KARIN STEVENS

Director · since 01 avril 2016 · until 16 mai 2024

Ended

KARIN STEVENS

Director · since 01 avril 2016

Ended

JEAN-VALERY DE REUS

Director · since 04 mars 2016

Ended

Jean-Valéry DE REUS

Managing director · since 04 mars 2016

Ended

At this address

Other companies at this address

Company	CBE no.
CVMO AUDIT● Active	0680.661.074

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	25/08/2026	25/08/2025	28/08/2024	25/07/2023	04/08/2022	09/08/2021
General meeting	20/06/2026	21/06/2025	15/06/2024	17/06/2023	18/06/2022	19/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	20/06/2026	25/08/2026	French	PDF
Micro model	31/12/2024	21/06/2025	25/08/2025	French	PDF
Micro model	31/12/2023	15/06/2024	28/08/2024	French	PDF
Micro model	31/12/2022	17/06/2023	25/07/2023	French	PDF
Micro model	31/12/2021	18/06/2022	04/08/2022	French	PDF
Micro model	31/12/2020	19/06/2021	09/08/2021	French	PDF
Micro model	31/12/2019	20/06/2020	14/09/2020	French	PDF
Micro model	31/12/2018	15/06/2019	12/07/2019	French	PDF
Micro model	31/12/2017	16/06/2018	06/07/2018	French	PDF
Abridged model	31/12/2016	17/06/2017	29/08/2017	French	PDF
Abridged model	31/12/2015	18/06/2016	13/07/2016	French	PDF
Abridged model	31/12/2014	20/06/2015	16/07/2015	French	PDF
Abridged model	31/12/2013	21/06/2014	11/07/2014	French	PDF
Abridged model	31/12/2012	15/06/2013	27/08/2013	French	PDF
Abridged model	31/12/2011	16/06/2012	10/07/2012	French	PDF
Abridged model	31/12/2010	18/06/2011	18/07/2011	French	PDF
Abridged model	31/12/2009	19/06/2010	30/08/2010	French	PDF
Abridged model	31/12/2008	20/06/2009	14/07/2009	French	PDF
Abridged model	31/12/2007	21/06/2008	24/07/2008	French	PDF
Abridged model	31/12/2006	16/06/2007	29/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

Jean-Valéry DE REUS

Director

Active

Ended mandates

KARIN STEVENS

Director · since 01 avril 2016 · until 16 mai 2024

Ended

KARIN STEVENS

Director · since 01 avril 2016

Ended

JEAN-VALERY DE REUS

Director · since 04 mars 2016

Ended

Jean-Valéry DE REUS

Managing director · since 04 mars 2016

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office31/07/2026
SIEGE SOCIAL
PDF
Mandates04/06/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates03/12/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates30/03/2016
DEMISSIONS, NOMINATIONS
PDF
Other17/01/2012
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates25/09/2006
DEMISSIONS, NOMINATIONS
PDF
Mandates29/08/2003
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-17,8 k €↓
2024
Annual accounts 20247,6 k €↓
2023
Annual accounts 202320,2 k €↑
2022
Annual accounts 2022-36,1 k €↓
2021
Annual accounts 202171,9 k €↑
2020
Annual accounts 202035 k €↓
2019
Annual accounts 201960,5 k €↑
2018
Annual accounts 201842,3 k €↓
2017
Annual accounts 2017103 k €↑
2016
Annual accounts 201665,3 k €↑
2015
Annual accounts 201518,2 k €↑
2014
Annual accounts 20148,8 k €↓
2013
Annual accounts 201359 k €↓
2012
Annual accounts 201267,1 k €↑
2011
Annual accounts 201119,6 k €↓
2010
Annual accounts 201062,4 k €↑
2009
Annual accounts 200954,3 k €↓
2008
Annual accounts 200867,3 k €↑
2007
Annual accounts 2007-13,9 k €↑
2006
Annual accounts 2006-15,1 k €
18/12/1985
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PF Mahy

Overview

What does PF Mahy do?

Trend over 20 financial years

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