ACTIVE

Bouwonderneming Maenhout T

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Financial year 2025 · closed on 31/12/2025

Net result

-472,4 k €

-2266.3% YoY

Gross margin

1 M €

-27.7% YoY

Equity

1,5 M €

-24.5% YoY

Workforce

19,5 ETP

-3.5% YoY

What does Bouwonderneming Maenhout T do?

Bouwonderneming Maenhout T is a Public limited company incorporated in 1988. Its main activity is: Construction of buildings. Its registered office is in Beernem. It employs on average 19,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.145.265

Incorporation

26/08/1988

Legal form

Public limited company

Registered office

Industriepark Oost 28
8730 Beernem · FlandreSee on map

Contributed capital

250 000,00 €

Latest accounts

31/12/2025

Average workforce

19,5 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.45211Maintenance and repair of motor vehicles 45250Maintenance and repair of motor vehicles+3

Joint committees (1)

Signals

Solid equityLow riskGood liquidityHealthy social debts

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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	1 M €	-27.7%	1,4 M €	-6.3%	1,5 M €	-20.8%	1,9 M €	+13.9%	1,7 M €	-2.9%	1,8 M €	+16.4%	1,5 M €	+30.6%	1,2 M €	-10.5%	1,3 M €	+40.9%	919,6 k €	+3.2%	891,3 k €	-0.4%	894,5 k €	+6.3%	841,5 k €	-0.7%	847,3 k €	-7.4%	915,1 k €	+27.4%	718,5 k €	+19.1%	603,5 k €	+5.8%	570,5 k €	-2.2%	583,1 k €	-9.5%	644 k €
EBITDA	-197,3 k €	-177%	257,2 k €	+72.3%	149,3 k €	-66.5%	445,7 k €	+82.3%	244,5 k €	-34.4%	373 k €	+15.7%	322,5 k €	+51.6%	212,7 k €	-57.5%	500,5 k €	+141%	207,3 k €	+17.4%	176,7 k €	+4.8%	168,6 k €	-20.2%	211,3 k €	-0.0%	211,3 k €	-13.1%	243,3 k €	+45.0%	167,8 k €	+1.5%	165,3 k €	+4.8%	157,7 k €	-6.1%	167,9 k €	-12.2%	191,4 k €
Operating result	-400,1 k €	-923%	48,6 k €	+153%	-91,3 k €	-136%	250,1 k €	+371%	53,1 k €	-72.4%	192,5 k €	+39.3%	138,2 k €	-7.1%	148,7 k €	-65.3%	429,1 k €	+596%	61,7 k €	+9.8%	56,2 k €	+22.9%	45,7 k €	-51.9%	95 k €	+23.4%	77 k €	+3.9%	74,2 k €	-9.3%	81,7 k €	-21.9%	104,6 k €	-13.0%	120,2 k €	+1.7%	118,3 k €	-30.1%	169,3 k €
Net result	-472,4 k €	-2266%	-20 k €	+82.3%	-112,6 k €	-152%	215,4 k €	+499%	36 k €	-70.8%	123,1 k €	+4.8%	117,4 k €	+7.6%	109,1 k €	-61.1%	280,3 k €	+651%	37,3 k €	+8.5%	34,4 k €	+39.3%	24,7 k €	-47.8%	47,3 k €	-19.6%	58,8 k €	+5.5%	55,7 k €	+0.9%	55,2 k €	-31.6%	80,7 k €	-8.9%	88,6 k €	-8.7%	97 k €	-21.4%	123,3 k €
Balance sheet
Equity	1,5 M €	-24.5%	1,9 M €	-1.0%	1,9 M €	-5.5%	2,1 M €	+8.7%	1,9 M €	-0.4%	1,9 M €	+6.9%	1,8 M €	+7.1%	1,7 M €	+6.9%	1,6 M €	+21.5%	1,3 M €	+3.0%	1,2 M €	+2.4%	1,2 M €	-0.6%	1,2 M €	+1.3%	1,2 M €	+2.3%	1,2 M €	+5.0%	1,1 M €	+5.7%	1,1 M €	+8.2%	980,1 k €	+9.9%	891,6 k €	+12.2%	794,6 k €
Total assets	3,9 M €	-10.4%	4,3 M €	-5.7%	4,6 M €	-2.5%	4,7 M €	+13.6%	4,1 M €	+20.8%	3,4 M €	-4.9%	3,6 M €	+20.5%	3 M €	+7.4%	2,8 M €	+32.3%	2,1 M €	+16.0%	1,8 M €	+1.0%	1,8 M €	-2.4%	1,8 M €	-14.7%	2,1 M €	+13.3%	1,9 M €	+2.1%	1,9 M €	+9.0%	1,7 M €	+22.4%	1,4 M €	+7.4%	1,3 M €	+3.4%	1,3 M €
Cash	90,6 k €	-71.8%	321,5 k €	+53.6%	209,3 k €	-60.5%	529,7 k €	+214%	168,8 k €	-81.0%	887,1 k €	-9.5%	980,7 k €	+67.8%	584,5 k €	-30.1%	836,1 k €	+29.9%	643,7 k €	+3.7%	620,6 k €	+29.3%	479,8 k €	+40.9%	340,5 k €	-45.0%	619,4 k €	-11.8%	702,5 k €	-14.6%	822,3 k €	-15.4%	972,4 k €	+241%	285,4 k €	-48.0%	548,6 k €	+21.7%	450,7 k €
Debts	2,3 M €	+1.0%	2,3 M €	-9.2%	2,6 M €	+0.6%	2,5 M €	+18.5%	2,1 M €	+49.3%	1,4 M €	-17.1%	1,7 M €	+39.9%	1,2 M €	+9.2%	1,1 M €	+42.0%	800,7 k €	+45.4%	550,7 k €	-3.5%	570,4 k €	-5.9%	606,5 k €	-35.2%	936,3 k €	+33.2%	702,9 k €	-3.1%	725,4 k €	+14.3%	634,4 k €	+58.8%	399,5 k €	+1.6%	393,3 k €	-12.1%	447,5 k €
Other
Workforce	19,5 ETP	-3.5%	20,2 ETP	-9.8%	22,4 ETP	-11.8%	25,4 ETP	-4.2%	26,5 ETP	+5.6%	25,1 ETP	+8.7%	23,1 ETP	+25.5%	18,4 ETP	+19.5%	15,4 ETP	+4.8%	14,7 ETP	-0.7%	14,8 ETP	-1.3%	15,0 ETP	+11.1%	13,5 ETP	+1.5%	13,3 ETP	-7.0%	14,3 ETP	+3.6%	13,8 ETP	+25.5%	11,0 ETP	+19.6%	9,2 ETP	-4.2%	9,6 ETP	-13.5%	11,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 14 ended

Active mandates

TM Building

Director · since 01 janvier 2021 · 0759.702.713

Represented by Maenhout Thomas Gentil

Active

Ended mandates

Henk MAENHOUT

Director · since 26 février 2021 · until 01 juin 2026

Ended

Patrick MAENHOUT

Director · since 26 février 2021 · until 01 juin 2026

Ended

TM Building

Director · since 01 janvier 2021 · 0759.702.713

Represented by Maenhout THOMAS GENTIL

Ended

TM Building

Managing director · since 01 janvier 2021 · until 01 juin 2026 · 0759.702.713

Ended

At this address

Other companies at this address

Company	CBE no.
TM Building● Active	0759.702.713

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	27/08/2026	12/09/2025	30/09/2024	29/08/2023	01/08/2022	26/08/2021
General meeting	31/07/2026	31/07/2025	31/07/2024	31/07/2023	30/06/2022	26/07/2021
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
Abridged model	31/12/2025	31/07/2026	27/08/2026	Dutch	PDF
Abridged model	31/12/2024	31/07/2025	12/09/2025	Dutch	PDF
Abridged model	31/12/2023	31/07/2024	30/09/2024	Dutch	PDF
Abridged model	31/12/2022	31/07/2023	29/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	01/08/2022	Dutch	PDF
Abridged model	31/12/2020	26/07/2021	26/08/2021	Dutch	PDF
Abridged model	31/12/2019	23/06/2020	10/07/2020	Dutch	PDF
Abridged model	31/12/2018	31/07/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	31/07/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	27/06/2017	22/09/2017	Dutch	PDF
Abridged model	31/12/2015	18/07/2016	26/08/2016	Dutch	PDF
Abridged model	31/12/2014	31/07/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	23/06/2014	04/07/2014	Dutch	PDF
Abridged model	31/12/2012	31/07/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	04/07/2012	25/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/07/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	30/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	10/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	13/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 14 ended

Active mandates

TM Building

Director · since 01 janvier 2021 · 0759.702.713

Represented by Maenhout Thomas Gentil

Active

Ended mandates

Henk MAENHOUT

Director · since 26 février 2021 · until 01 juin 2026

Ended

Patrick MAENHOUT

Director · since 26 février 2021 · until 01 juin 2026

Ended

TM Building

Director · since 01 janvier 2021 · 0759.702.713

Represented by Maenhout THOMAS GENTIL

Ended

TM Building

Managing director · since 01 janvier 2021 · until 01 juin 2026 · 0759.702.713

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/02/2024
BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office01/10/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates07/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/06/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/04/2004
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
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 2025-472,4 k €↓
2024
Annual accounts 2024-20 k €↑
2023
Annual accounts 2023-112,6 k €↓
2023
Name changeBouwonderneming Maenhout T
2022
Annual accounts 2022215,4 k €↑
2021
Annual accounts 202136 k €↓
2021
Name changeGEBROEDERS MAENHOUT P. & H.
2020
Annual accounts 2020123,1 k €↑
2019
Annual accounts 2019117,4 k €↑
2018
Annual accounts 2018109,1 k €↓
2017
Annual accounts 2017280,3 k €↑
2016
Annual accounts 201637,3 k €↑
2015
Annual accounts 201534,4 k €↑
2014
Annual accounts 201424,7 k €↓
2013
Annual accounts 201347,3 k €↓
2012
Annual accounts 201258,8 k €↑
2011
Annual accounts 201155,7 k €↑
2010
Annual accounts 201055,2 k €↓
2009
Annual accounts 200980,7 k €↓
2008
Annual accounts 200888,6 k €↓
2007
Annual accounts 200797 k €↓
2006
Annual accounts 2006123,3 k €
26/08/1988
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

Bouwonderneming Maenhout T

Overview

What does Bouwonderneming Maenhout T 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