ACTIVE

M.A.Z.

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Financial year 2025 · Closed on 31/12/2025

Net result-1,1 M €-482,1 %over 1 year
Gross margin1,3 M €+13,7 %over 1 year
Equity5,3 M €-19,4 %over 1 year
Workforce26,7 ETP+2,3 %over 1 year

Identity

Source · BCE/KBO

M.A.Z. is a Private limited company incorporated in 1988. Its main activity is: Retail sale of hardware, paints and glass in specialised stores. Its registered office is in Antwerpen. It employs on average 26,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0434.424.891
Incorporation
30/05/1988
Legal form
Private limited company
Registered office
Noorderlaan 133 box 7
2030 Antwerpen · FlandreSee on map
Contributed capital
1 712 404,29 €
Latest accounts
31/12/2025
Average workforce
26,7 ETP
Joint committees (1)
  • 201
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin1,3 M €1,1 M €1,1 M €1,6 M €–
EBITDA-1,2 M €-290,9 k €-254,5 k €225,6 k €-164,3 k €
Operating result-1,3 M €-388,6 k €-356,2 k €120,2 k €-274,5 k €
Net result-1,1 M €-193,4 k €-96,8 k €276,3 k €-204,2 k €
Balance sheet
Equity5,3 M €6,5 M €6,7 M €6,8 M €6,5 M €
Total assets7,9 M €7,7 M €8,1 M €8,4 M €7,9 M €
Cash28,2 k €43 k €67,6 k €67,7 k €49,1 k €
Debts2,6 M €1,1 M €1,4 M €1,6 M €1,4 M €
Other
Workforce26,7 ETP26,1 ETP26,8 ETP27,9 ETP32,7 ETP

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

6 active · 34 ended

Active mandates

Annabelle Bourrelier

bestuurder · since 06 décembre 2023 · until 23 juin 2028

Active
Jean-Claude Bourrelier

bestuurder · since 06 décembre 2023 · until 23 juin 2028

Active
Jean-Michel Bourrelier

bestuurder · since 06 décembre 2023 · until 23 juin 2028

Active
Michèle Boury

bestuurder · since 06 décembre 2023 · until 23 juin 2028

Active
Yann Le Teno

bestuurder · since 06 décembre 2023 · until 23 juin 2028

Active
Yoann Bourrelier

bestuurder · since 06 décembre 2023 · until 23 juin 2028

Active

Ended mandates

Annabelle Bourrelier

Director · since 06 décembre 2023 · until 23 juin 2028

Ended
Jean-Claude Bourrelier

Director · since 06 décembre 2023 · until 23 juin 2028

Ended
Jean-Michel Bourrelier

Director · since 06 décembre 2023 · until 23 juin 2028

Ended
Michèle Boury

Director · since 06 décembre 2023 · until 23 juin 2028

Ended

Other companies at this address

Noorderlaan 133 2030 Antwerpen
CompanyCBE no.
Adapteo● Active
0771.846.123
ADE CONSULTANTS● Active
0463.783.130
ANDENNE BRICOLAGE● Active
0436.096.558
ARBE LOGISTICS● Active
0860.429.392
BELGIUM PROPERTIES RETAILERS● Active
0462.489.565
BG REAL ESTATE● Active
1024.293.769
BG RETAIL● Active
0412.562.873
BH SHIPPING AND TRADING ANTWERP● Active
0885.765.594
Biskwit● Active
0753.801.549
BLUE SKIES● Active
0474.628.621
BOCO● Active
0453.374.337
BOUHA INVEST● Active
0878.300.455
BOUWMAR● Active
0421.247.442
B.P.L. INTERNATIONAL● Active
0458.231.661
BROEKMAN LOGISTICS● Active
0423.002.152
C.B. BOUWMARKTEN● Active
0444.848.730
CENTRAL SHIPPING (BELGIUM)● Active
0477.819.228
DE GOUDEN LEGENDE SECUNDO● Active
0467.042.627
deugro (Belgium)● Active
1031.423.269
DIY RETAIL SERVICES● Active
0435.223.360

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelFull modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/09/202628/08/202530/08/202430/08/202331/08/202204/08/2021
General meeting31/07/202627/06/202528/06/202430/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/07/202609/09/2026DutchPDF
Abridged model31/12/202427/06/202528/08/2025DutchPDF
Abridged model31/12/202328/06/202430/08/2024DutchPDF
Abridged model31/12/202230/06/202330/08/2023DutchPDF
Full model31/12/202124/06/202231/08/2022DutchPDF
Abridged model31/12/202025/06/202104/08/2021DutchPDF
Abridged model31/12/201926/06/202017/07/2020DutchPDF
Abridged model31/12/201828/06/201924/07/2019DutchPDF
Abridged model31/12/201716/08/201829/08/2018DutchPDF
Full model31/12/201623/06/201720/07/2017DutchPDF
Full model31/12/201524/06/201613/07/2016DutchPDF
Full model31/12/201426/06/201513/07/2015DutchPDF
Full model31/12/201327/06/201424/07/2014DutchPDF
Full model31/12/201228/06/201326/07/2013DutchPDF
Full model31/12/201122/06/201220/07/2012DutchPDF
Full model31/12/201024/06/201119/07/2011DutchPDF
Full model31/12/200925/06/201020/07/2010DutchPDF
Full model31/12/200826/06/200923/07/2009DutchPDF
Full model31/12/200727/06/200817/07/2008DutchPDF
Full model31/12/200629/06/200725/07/2007DutchPDF

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

6 active · 34 ended

Active mandates

Annabelle Bourrelier

bestuurder · since 06 décembre 2023 · until 23 juin 2028

Active
Jean-Claude Bourrelier

bestuurder · since 06 décembre 2023 · until 23 juin 2028

Active
Jean-Michel Bourrelier

bestuurder · since 06 décembre 2023 · until 23 juin 2028

Active
Michèle Boury

bestuurder · since 06 décembre 2023 · until 23 juin 2028

Active
Yann Le Teno

bestuurder · since 06 décembre 2023 · until 23 juin 2028

Active
Yoann Bourrelier

bestuurder · since 06 décembre 2023 · until 23 juin 2028

Active

Ended mandates

Annabelle Bourrelier

Director · since 06 décembre 2023 · until 23 juin 2028

Ended
Jean-Claude Bourrelier

Director · since 06 décembre 2023 · until 23 juin 2028

Ended
Jean-Michel Bourrelier

Director · since 06 décembre 2023 · until 23 juin 2028

Ended
Michèle Boury

Director · since 06 décembre 2023 · until 23 juin 2028

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring28/01/2026
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office05/11/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring18/03/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring07/11/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Capital / shares25/10/2024
    KAPITAAL - AANDELEN
    PDF
  • Mandates18/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/03/2021
    MAATSCHAPPELIJKE ZETEL
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-1,1 M €↓
  2. 2024
    Annual accounts 2024-193,4 k €↓
  3. 2023
    Annual accounts 2023-96,8 k €↓
  4. 2022
    Annual accounts 2022276,3 k €↑
  5. 2021
    Annual accounts 2021-204,2 k €↓
  6. 2020
    Annual accounts 2020441,3 k €↑
  7. 2019
    Annual accounts 2019-194,3 k €↓
  8. 2018
    Annual accounts 2018-175,7 k €↑
  9. 2017
    Annual accounts 2017-277,2 k €↓
  10. 2016
    Annual accounts 20169,9 k €↓
  11. 2015
    Annual accounts 201585,6 k €↓
  12. 2014
    Annual accounts 2014187,2 k €↓
  13. 2013
    Annual accounts 2013444,1 k €↓
  14. 2012
    Annual accounts 2012512,5 k €↑
  15. 2011
    Annual accounts 2011434,7 k €↑
  16. 2010
    Annual accounts 2010390,2 k €↑
  17. 2009
    Annual accounts 2009176,4 k €↓
  18. 2008
    Annual accounts 2008228,1 k €↑
  19. 2007
    Annual accounts 2007207 k €↓
  20. 2006
    Annual accounts 2006603,7 k €
  21. 30/05/1988
    IncorporationPrivate limited company