ACTIVE

MABED

Financial year 2025 · Closed on 31/12/2025

Net result425,4 k €+45,9 %over 1 year

Gross margin363 k €-14,6 %over 1 year

Equity1,9 M €+16,4 %over 1 year

Identity

Source · BCE/KBO

MABED is a Public limited company incorporated in 1989. Its main activity is: Management consultancy activities. Its registered office is in Erpe-Mere.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0439.359.322
Incorporation: 28/12/1989
Legal form: Public limited company
Registered office: Oostdorpstraat 183
9420 Erpe-Mere · FlandreSee on map
Contributed capital: 30 987,00 €
Latest accounts: 31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	363 k €	-14.6%	425,2 k €	+13.6%	374,4 k €	+149%	150,5 k €	-41.9%	259 k €
EBITDA	361,8 k €	-14.7%	424,1 k €	+13.6%	373,2 k €	+150%	149,4 k €	-42.0%	257,8 k €
Operating result	355,1 k €	-13.5%	410,5 k €	+12.8%	364,1 k €	+159%	140,3 k €	-43.3%	247,5 k €
Net result	425,4 k €	+45.9%	291,5 k €	+14.9%	253,6 k €	+128%	111,4 k €	-37.0%	176,8 k €
Balance sheet
Equity	1,9 M €	+16.4%	1,6 M €	+33.5%	1,2 M €	+34.2%	903,9 k €	+14.1%	792,4 k €
Total assets	2,2 M €	+32.0%	1,7 M €	+34.9%	1,3 M €	+19.6%	1,1 M €	+4.3%	1 M €
Cash	26,4 k €	+198%	8,9 k €	-81.3%	47,3 k €	-90.8%	514,3 k €	+141%	213,8 k €
Debts	358,8 k €	+334%	82,7 k €	+70.2%	48,6 k €	-67.4%	149 k €	-31.9%	218,7 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PHILIPPE BLANCKAERT	Managing directorsince 05/04/2014Directoruntil 15/11/2009ended
LIU TING	DirectorMandate2021 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
WIRA0462.229.942Represented by FRANK AMEYE	Director25/05/2007 → 28/08/2009
BERNARD BLANCKAERT	Director2024 accounts
PHIMAN BVBA0457.556.918Represented by PHILIPPE BLANCKAERT	Managing directoruntil 05/04/2014

Other companies at this address

Oostdorpstraat 183 9420 Erpe-Mere

Company	CBE no.
M.D.B.● Active	0726.869.104
PGBL● Active	0837.139.593

Full financial information

Source · NBB

	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	20/07/2026	17/08/2025	29/08/2024	24/07/2023	30/08/2022	30/08/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	22/04/2022	28/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	20/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	17/08/2025	Dutch	PDF
Abridged model	31/12/2023	31/05/2024	29/08/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	24/07/2023	Dutch	PDF
Abridged model	31/12/2021	22/04/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	12/06/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	09/07/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	21/07/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	23/08/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	27/08/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	02/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	24/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	25/08/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	08/08/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	05/07/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	01/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	29/08/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PHILIPPE BLANCKAERT	Managing directorsince 05/04/2014Directoruntil 15/11/2009ended
LIU TING	DirectorMandate2021 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
WIRA0462.229.942Represented by FRANK AMEYE	Director25/05/2007 → 28/08/2009
BERNARD BLANCKAERT	Director2024 accounts
PHIMAN BVBA0457.556.918Represented by PHILIPPE BLANCKAERT	Managing directoruntil 05/04/2014

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates24/07/2026
ONTSLAGEN, BENOEMINGEN
PDF
Mandates26/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/08/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office28/11/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/06/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/04/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/10/2009
ONTSLAG BESTUURDER
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

PHILIPPE BLANCKAERT

LIU TING

WIRA

PHIMAN BVBA

BERNARD BLANCKAERT

19891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

MABED

Oostdorpstraat 183, 9420 Erpe-Mere

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Oostdorpstraat 183, 9420 Erpe-MereCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00324601

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MABEDCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00324601

Events

2025
Annual accounts 2025425,4 k €↑
2024
Annual accounts 2024291,5 k €↑
2023
Annual accounts 2023253,6 k €↑
2022
Annual accounts 2022111,4 k €↓
2021
Annual accounts 2021176,8 k €↑
2020
Annual accounts 2020141,3 k €↑
2019
Annual accounts 2019138 k €↑
2018
Annual accounts 2018103,3 k €↓
2017
Annual accounts 2017120 k €↑
2016
Annual accounts 201678,9 k €↑
2015
Annual accounts 201571,2 k €↑
2014
Annual accounts 201420,6 k €↓
2013
Annual accounts 20131,2 M €↑
2012
Annual accounts 2012179,4 k €↑
2011
Annual accounts 2011103,1 k €↓
2010
Annual accounts 2010132,9 k €↑
2009
Annual accounts 2009103,5 k €↑
2008
Annual accounts 20083,9 k €↓
2007
Annual accounts 2007111,2 k €↑
2006
Annual accounts 200689,7 k €
28/12/1989
IncorporationPublic limited company

MABED

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events