ACTIVE

Phyto Mahieu

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Financial year 2024 · closed on 31/12/2024

Net result

270,6 k €

-16.4% YoY

Gross margin

703,3 k €

-10.8% YoY

Equity

3,1 M €

+9.6% YoY

Workforce

1,7 ETP

0.0% YoY

What does Phyto Mahieu do?

Phyto Mahieu is a Public limited company incorporated in 1986. Its registered office is in Langemark-Poelkapelle. It employs on average 1,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0429.889.944

Incorporation

28/11/1986

Legal form

Public limited company

Registered office

Haezeweidestraat 12
8920 Langemark-Poelkapelle · FlandreSee on map

Contributed capital

376 500,00 €

Latest accounts

31/12/2024

Average workforce

1,7 ETP

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	703,3 k €	-10.8%	788,8 k €	+36.7%	576,9 k €	+10.6%	521,6 k €	-13.0%	599,4 k €	-37.5%	959 k €	+5.8%	906,4 k €	+41.7%	639,6 k €	-8.9%	701,7 k €	+29.4%	542,3 k €	-29.8%	772,7 k €	+95.7%	394,9 k €	+36.1%	290,2 k €	+5.5%	275,2 k €	-21.2%	349,4 k €	+89.6%	184,3 k €	+2.5%	179,7 k €	+5.3%	170,6 k €	+78.8%	95,4 k €
EBITDA	616,4 k €	-12.0%	700,5 k €	+54.9%	452,1 k €	+27.0%	355,9 k €	-22.8%	460,9 k €	-47.6%	879,1 k €	+3.1%	852,4 k €	+45.2%	587 k €	-14.3%	685,2 k €	+37.2%	499,6 k €	-31.8%	732,7 k €	+103%	360,2 k €	+35.9%	265,1 k €	+1.8%	260,4 k €	-16.2%	310,6 k €	+90.5%	163,1 k €	+11.1%	146,8 k €	+4.5%	140,5 k €	+120%	63,8 k €
Operating result	361,6 k €	-20.2%	452,9 k €	+122%	203,9 k €	+88.6%	108,1 k €	-49.1%	212,5 k €	-65.9%	623,5 k €	+5.7%	590,1 k €	+72.2%	342,8 k €	-15.6%	406,3 k €	+38.4%	293,5 k €	-41.4%	501 k €	+276%	133,3 k €	-2.4%	136,6 k €	-9.5%	150,9 k €	-36.0%	235,7 k €	+254%	66,6 k €	-23.8%	87,3 k €	+15.7%	75,5 k €	+141%	31,3 k €
Net result	270,6 k €	-16.4%	323,5 k €	+145%	132,2 k €	+126%	58,4 k €	-57.5%	137,2 k €	-66.2%	406,1 k €	+4.3%	389,3 k €	+131%	168,3 k €	-40.1%	280,8 k €	+104%	137,6 k €	-49.7%	273,4 k €	+392%	55,5 k €	-20.1%	69,5 k €	-14.8%	81,5 k €	-49.8%	162,3 k €	+271%	43,7 k €	-25.7%	58,8 k €	-12.3%	67,1 k €	+316%	16,1 k €
Balance sheet
Equity	3,1 M €	+9.6%	2,8 M €	+12.9%	2,5 M €	+5.6%	2,4 M €	+2.5%	2,3 M €	+6.3%	2,2 M €	+22.9%	1,8 M €	+28.1%	1,4 M €	+13.8%	1,2 M €	+30.0%	935,4 k €	+17.3%	797,8 k €	+281%	209,4 k €	-58.4%	503,9 k €	+16.0%	434,4 k €	+23.1%	352,9 k €	+85.2%	190,6 k €	+29.8%	146,9 k €	+66.8%	88 k €	+320%	21 k €
Total assets	4 M €	+5.5%	3,8 M €	-8.0%	4,1 M €	-0.7%	4,2 M €	-2.8%	4,3 M €	-1.5%	4,3 M €	+5.2%	4,1 M €	-7.3%	4,5 M €	+7.6%	4,1 M €	+11.9%	3,7 M €	+4.2%	3,6 M €	+5.6%	3,4 M €	+43.8%	2,3 M €	+43.3%	1,6 M €	+46.8%	1,1 M €	+22.2%	910,3 k €	+43.7%	633,3 k €	-33.1%	946,7 k €	+11.0%	852,8 k €
Cash	52,7 k €	-4.8%	55,4 k €	+46.4%	37,8 k €	-35.2%	58,4 k €	+35.1%	43,2 k €	-25.6%	58,1 k €	+131%	25,1 k €	-35.5%	38,9 k €	+3.8%	37,5 k €	+270%	10,1 k €	-64.1%	28,2 k €	-52.3%	59,2 k €	+313%	14,3 k €	-9.5%	15,8 k €	-44.4%	28,5 k €	-26.9%	39 k €	+186%	13,6 k €	-36.9%	21,6 k €	-35.2%	33,4 k €
Debts	888,5 k €	-7.5%	960,8 k €	-40.5%	1,6 M €	-9.1%	1,8 M €	-9.1%	2 M €	-8.8%	2,1 M €	-8.1%	2,3 M €	-22.4%	3 M €	+3.3%	2,9 M €	+7.6%	2,7 M €	+0.2%	2,7 M €	-13.4%	3,1 M €	+72.9%	1,8 M €	+53.8%	1,2 M €	+55.2%	755,5 k €	+5.6%	715,4 k €	+48.4%	482,2 k €	-43.6%	854,6 k €	+2.8%	831,4 k €
Other
Workforce	1,7 ETP	0.0%	1,7 ETP	-37.0%	2,7 ETP	-30.8%	3,9 ETP	+39.3%	2,8 ETP	+64.7%	1,7 ETP		–		0,8 ETP		–		0,8 ETP	0.0%	0,8 ETP	+14.3%	0,7 ETP	+75.0%	0,4 ETP	+300%	0,1 ETP	-87.5%	0,8 ETP	-11.1%	0,9 ETP	-10.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 11 ended

Active mandates

Edwin Mahieu

Director

Active

Sabine Derudder

Director

Active

Ended mandates

MAHIEU INVEST

Managing director · since 27 mars 2014 · 0832.118.161

Represented by Edwin Mahieu

Ended

Stephanie Mahieu

Director · since 26 février 2007 · until 05 juin 2013

Ended

Edwin Mahieu

Managing director · since 07 juin 2003 · until 07 juin 2009

Ended

Robert Mahieu

Director · since 07 juin 2003 · until 07 juin 2009

Ended

At this address

Other companies at this address

Company	CBE no.
PANNESCHEURE● Active	0655.954.877

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/09/2025	07/10/2024	21/08/2023	23/09/2022	29/10/2021	28/10/2020
General meeting	30/06/2025	30/06/2024	03/06/2023	04/06/2022	05/06/2021	06/06/2020
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
Abridged model	31/12/2024	30/06/2025	30/09/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	07/10/2024	Dutch	PDF
Abridged model	31/12/2022	03/06/2023	21/08/2023	Dutch	PDF
Abridged model	31/12/2021	04/06/2022	23/09/2022	Dutch	PDF
Abridged model	31/12/2020	05/06/2021	29/10/2021	Dutch	PDF
Abridged model	31/12/2019	06/06/2020	28/10/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	23/09/2019	Dutch	PDF
Abridged model	31/12/2017	02/06/2018	25/09/2018	Dutch	PDF
Abridged model	31/12/2016	03/06/2017	23/09/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	04/10/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	25/08/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	18/08/2009	Dutch	PDF
Abridged model	31/12/2007	07/06/2008	30/07/2008	Dutch	PDF
Abridged model	31/12/2006	02/06/2007	30/08/2007	Dutch	PDF
Abridged model	31/12/2005	16/12/2006	01/02/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

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 31/12/2024 · 2 active · 11 ended

Active mandates

Edwin Mahieu

Director

Active

Sabine Derudder

Director

Active

Ended mandates

MAHIEU INVEST

Managing director · since 27 mars 2014 · 0832.118.161

Represented by Edwin Mahieu

Ended

Stephanie Mahieu

Director · since 26 février 2007 · until 05 juin 2013

Ended

Edwin Mahieu

Managing director · since 07 juin 2003 · until 07 juin 2009

Ended

Robert Mahieu

Director · since 07 juin 2003 · until 07 juin 2009

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/04/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/05/2016
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/05/2014
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates29/03/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/10/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2007
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring23/01/2004
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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

2024
Annual accounts 2024270,6 k €↓
2023
Annual accounts 2023323,5 k €↑
2022
Annual accounts 2022132,2 k €↑
2021
Annual accounts 202158,4 k €↓
2020
Annual accounts 2020137,2 k €↓
2019
Annual accounts 2019406,1 k €↑
2018
Annual accounts 2018389,3 k €↑
2017
Annual accounts 2017168,3 k €↓
2016
Annual accounts 2016280,8 k €↑
2015
Annual accounts 2015137,6 k €↓
2014
Annual accounts 2014273,4 k €↑
2013
Annual accounts 201355,5 k €↓
2012
Annual accounts 201269,5 k €↓
2011
Annual accounts 201181,5 k €↓
2010
Annual accounts 2010162,3 k €↑
2009
Annual accounts 200943,7 k €↓
2008
Annual accounts 200858,8 k €↓
2007
Annual accounts 200767,1 k €↑
2006
Annual accounts 200616,1 k €
28/11/1986
IncorporationPublic 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

Phyto Mahieu

Overview

What does Phyto Mahieu do?

Trend over 19 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