ACTIVE

WERNER MAES

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

79,1 k €

-0.6% YoY

Gross margin

502,7 k €

+9.2% YoY

Equity

352,9 k €

+7.7% YoY

Workforce

8,0 ETP

+14.3% YoY

What does WERNER MAES do?

WERNER MAES is a Private company with limited liability incorporated in 1986. Its registered office is in Sint-Niklaas. It employs on average 8,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0428.781.075

Incorporation

27/03/1986

Legal form

Private company with limited liability

Registered office

Kernemelkstraat 138
9112 Sint-Niklaas · FlandreSee on map

Contributed capital

40 000,00 €

Latest accounts

31/12/2025

Average workforce

8,0 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ 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	502,7 k €	+9.2%	460,5 k €	-3.9%	479,3 k €	+5.4%	454,8 k €	+7.9%	421,4 k €	+16.2%	362,7 k €	-24.3%	478,8 k €	+2.5%	467,1 k €	-10.6%	522,7 k €	+3.4%	505,6 k €	-4.1%	527 k €	+4.5%	504,1 k €	+9.3%	461,1 k €	-0.5%	463,5 k €	+3.3%	448,9 k €	+13.7%	394,9 k €	+21.5%	324,9 k €	+18.2%	275 k €	+0.7%	272,9 k €	+7.2%	254,7 k €
EBITDA	115,2 k €	-0.6%	115,8 k €	-11.8%	131,4 k €	-14.6%	153,8 k €	+20.2%	127,9 k €	+34.2%	95,3 k €	-28.5%	133,3 k €	+28.5%	103,8 k €	-25.8%	139,9 k €	-8.6%	153 k €	-5.6%	162,2 k €	+18.4%	137 k €	-6.6%	146,7 k €	-2.9%	151,2 k €	+11.2%	136 k €	+19.1%	114,2 k €	+18.5%	96,3 k €	+64.7%	58,5 k €	-5.2%	61,7 k €	+17.6%	52,4 k €
Operating result	108,1 k €	-4.5%	113,2 k €	-12.8%	129,8 k €	-10.7%	145,3 k €	+12.6%	129 k €	+72.5%	74,8 k €	-23.4%	97,7 k €	+12.8%	86,6 k €	-20.5%	108,9 k €	-18.2%	133,2 k €	-5.3%	140,6 k €	+35.5%	103,8 k €	-14.8%	121,7 k €	-3.4%	126 k €	+8.1%	116,6 k €	+23.1%	94,7 k €	+6.5%	88,9 k €	+70.8%	52,1 k €	+3.1%	50,5 k €	+23.0%	41,1 k €
Net result	79,1 k €	-0.6%	79,6 k €	-15.1%	93,7 k €	-11.1%	105,4 k €	+6.9%	98,6 k €	+79.3%	55 k €	-21.4%	69,9 k €	+5.3%	66,4 k €	-3.2%	68,6 k €	-17.0%	82,7 k €	+0.9%	81,9 k €	+30.3%	62,9 k €	-21.0%	79,6 k €	-7.2%	85,8 k €	+5.9%	81,1 k €	+26.2%	64,2 k €	+5.5%	60,8 k €	+73.7%	35 k €	+10.2%	31,8 k €	+19.8%	26,5 k €
Balance sheet
Equity	352,9 k €	+7.7%	327,8 k €	+3.4%	317,2 k €	+15.4%	274,8 k €	+20.5%	228,1 k €	-10.9%	255,9 k €	-9.8%	283,8 k €	+2.2%	277,8 k €	+6.3%	261,3 k €	+7.7%	242,7 k €	+15.5%	210,1 k €	+17.9%	178,2 k €	+7.8%	165,3 k €	+10.1%	150,2 k €	+12.0%	134,1 k €	+29.8%	103,3 k €	+22.8%	84,1 k €	+23.2%	68,3 k €	-0.3%	68,5 k €	-11.3%	77,3 k €
Total assets	486,8 k €	-1.0%	491,9 k €	+8.3%	454,4 k €	-0.8%	458,2 k €	-6.6%	490,4 k €	+11.0%	442 k €	+6.5%	414,9 k €	-2.0%	423,3 k €	+4.9%	403,7 k €	+11.8%	361 k €	+0.2%	360,2 k €	-6.0%	383,4 k €	+3.6%	370 k €	+4.3%	354,7 k €	-30.7%	512,3 k €	+75.8%	291,4 k €	+29.4%	225,3 k €	+23.2%	182,9 k €	-7.8%	198,4 k €	+14.4%	173,4 k €
Cash	199,5 k €	+20.2%	165,9 k €	-9.4%	183,1 k €	+19.9%	152,7 k €	-23.3%	199,1 k €	+7.4%	185,4 k €	-5.1%	195,4 k €	+11.4%	175,3 k €	+6.1%	165,2 k €	-3.4%	171,1 k €	+11.2%	153,9 k €	+16.2%	132,4 k €	-21.8%	169,3 k €	+81.8%	93,1 k €	-73.2%	346,9 k €	+364%	74,7 k €	-16.3%	89,3 k €	+35.5%	65,9 k €	-23.0%	85,6 k €	+92.5%	44,5 k €
Debts	132,4 k €	-18.6%	162,6 k €	+19.8%	135,7 k €	-25.4%	181,9 k €	-30.3%	260,9 k €	+41.4%	184,4 k €	+42.3%	129,6 k €	-10.1%	144,1 k €	+2.3%	140,9 k €	+20.7%	116,7 k €	-21.5%	148,6 k €	-27.0%	203,7 k €	+0.3%	203,2 k €	+0.1%	203,1 k €	-46.1%	376,6 k €	+102%	186,6 k €	+33.6%	139,6 k €	+23.5%	113,1 k €	-11.6%	127,9 k €	+35.2%	94,6 k €
Other
Workforce	8,0 ETP	+14.3%	7,0 ETP	-6.7%	7,5 ETP	-2.6%	7,7 ETP	0.0%	7,7 ETP	+5.5%	7,3 ETP	+9.0%	6,7 ETP	+4.7%	6,4 ETP	-11.1%	7,2 ETP	+5.9%	6,8 ETP	-4.2%	7,1 ETP	0.0%	7,1 ETP	+22.4%	5,8 ETP	-3.3%	6,0 ETP	0.0%	6,0 ETP	+3.4%	5,8 ETP	+26.1%	4,6 ETP	+7.0%	4,3 ETP	-4.4%	4,5 ETP	0.0%	4,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Wim Maes

Director · since 01 août 2008

Active

Ended mandates

Wim Maes

Manager · since 01 août 2008

Ended

Werner Maes

Director · since 27 mars 1986 · until 31 mars 2025

Ended

Werner Maes

Director · since 27 mars 1986

Ended

Werner Maes

Manager · since 27 mars 1986

Ended

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	01/07/2026	17/06/2025	13/06/2024	14/06/2023	20/06/2022	13/07/2021
General meeting	10/06/2026	10/06/2025	10/06/2024	10/06/2023	10/06/2022	10/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	10/06/2026	01/07/2026	Dutch	PDF
Abridged model	31/12/2024	10/06/2025	17/06/2025	Dutch	PDF
Abridged model	31/12/2023	10/06/2024	13/06/2024	Dutch	PDF
Abridged model	31/12/2022	10/06/2023	14/06/2023	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	20/06/2022	Dutch	PDF
Abridged model	31/12/2020	10/06/2021	13/07/2021	Dutch	PDF
Abridged model	31/12/2019	10/06/2020	17/06/2020	Dutch	PDF
Abridged model	31/12/2018	10/06/2019	28/06/2019	Dutch	PDF
Abridged model	31/12/2017	22/05/2018	24/05/2018	Dutch	PDF
Abridged model	31/12/2016	10/06/2017	28/06/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	15/06/2016	Dutch	PDF
Abridged model	31/12/2014	10/06/2015	16/07/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	25/07/2014	Dutch	PDF
Abridged model	31/12/2012	10/06/2013	12/06/2013	Dutch	PDF
Abridged model	31/12/2011	10/06/2012	14/06/2012	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	24/06/2011	Dutch	PDF
Abridged model	31/12/2009	10/06/2010	11/06/2010	Dutch	PDF
Abridged model	31/12/2008	10/06/2009	11/06/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	11/06/2008	Dutch	PDF
Abridged model	31/12/2006	10/06/2007	14/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Wim Maes

Director · since 01 août 2008

Active

Ended mandates

Wim Maes

Manager · since 01 août 2008

Ended

Werner Maes

Director · since 27 mars 1986 · until 31 mars 2025

Ended

Werner Maes

Director · since 27 mars 1986

Ended

Werner Maes

Manager · since 27 mars 1986

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/07/2025
Ontslag bestuurder
PDF
Mandates19/08/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/10/2005
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 202579,1 k €↓
2024
Annual accounts 202479,6 k €↓
2023
Annual accounts 202393,7 k €↓
2022
Annual accounts 2022105,4 k €↑
2021
Annual accounts 202198,6 k €↑
2020
Annual accounts 202055 k €↓
2019
Annual accounts 201969,9 k €↑
2018
Annual accounts 201866,4 k €↓
2017
Annual accounts 201768,6 k €↓
2016
Annual accounts 201682,7 k €↑
2015
Annual accounts 201581,9 k €↑
2014
Annual accounts 201462,9 k €↓
2013
Annual accounts 201379,6 k €↓
2012
Annual accounts 201285,8 k €↑
2011
Annual accounts 201181,1 k €↑
2010
Annual accounts 201064,2 k €↑
2009
Annual accounts 200960,8 k €↑
2008
Annual accounts 200835 k €↑
2007
Annual accounts 200731,8 k €↑
2006
Annual accounts 200626,5 k €
27/03/1986
IncorporationPrivate company with limited liability

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

WERNER MAES

Overview

What does WERNER MAES do?

Trend over 20 financial years

Indicative valuation

Board of directors

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