ACTIVE

PIANO'S MAENE

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Financial year 2025 · Closed on 31/12/2025

Net result440 k €+111,2 %over 1 year
Revenue17,4 M €-2,5 %over 1 year
Equity3,7 M €+10,1 %over 1 year
Workforce43,0 ETP-15,7 %over 1 year

Identity

Source · BCE/KBO

PIANO'S MAENE is a Public limited company incorporated in 1990. Its main activity is: Wholesale of other household goods. Its registered office is in Wingene. It employs on average 43,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0440.262.115
Incorporation
22/02/1990
Legal form
Public limited company
Registered office
Industriestraat 42
8755 Wingene · FlandreSee on map
Contributed capital
255 000,00 €
Latest accounts
31/12/2025
Average workforce
43,0 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue17,4 M €17,9 M €17,8 M €15,8 M €16,6 M €
EBITDA1,2 M €922 k €859,1 k €961,1 k €1,1 M €
Operating result748,6 k €435,6 k €396,2 k €429,3 k €604,2 k €
Net result440 k €208,4 k €188,2 k €283,6 k €418,9 k €
Balance sheet
Equity3,7 M €3,4 M €3,3 M €3,2 M €3,1 M €
Total assets13 M €12,7 M €13,1 M €13 M €12,3 M €
Cash443,9 k €264,9 k €459,2 k €461,9 k €777 k €
Debts9,1 M €9,2 M €9,7 M €9,6 M €9,1 M €
Other
Workforce43,0 ETP51,0 ETP51,7 ETP52,2 ETP54,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 24 ended

Active mandates

FJZ

Managing director · since 27 mai 2025 · until 26 mai 2031 · 0712.649.793

Represented by Frederic Maene

Active
FULLMOONSCONCEPT

Managing director · since 27 mai 2025 · until 26 mai 2031 · 0712.647.320

Represented by Dominique Maene

Active
MAENE-DOUTRELIGNE

Director · since 09 mars 2021 · until 08 mars 2027 · 0422.221.204

Represented by Christiaan Maene

Active

Ended mandates

FJZ

Managing director · since 27 mai 2019 · until 26 mai 2025 · 0712.649.793

Represented by Frederic Maene

Ended
FJZ

Managing director · since 27 mai 2019 · until 26 mai 2025 · 0712.649.793

Represented by Frederic Maene

Ended
FULLMOONSCONCEPT

Managing director · since 27 mai 2019 · until 26 mai 2025 · 0712.647.320

Represented by Dominique Maene

Ended
FULLMOONSCONCEPT

Managing director · since 27 mai 2019 · until 26 mai 2025 · 0712.647.320

Represented by Dominique Maene

Ended

Other companies at this address

Industriestraat 42 8755 Wingene
CompanyCBE no.
MAENE-DOUTRELIGNE● Active
0422.221.204
Steinway Piano Competition Belgium● Active
0656.528.266

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date18/06/202619/06/202520/06/202407/07/202323/06/202210/12/2021
General meeting17/06/202613/06/202518/06/202421/06/202315/06/202209/06/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202517/06/202618/06/2026DutchPDF
Full model31/12/202413/06/202519/06/2025DutchPDF
Full model31/12/202318/06/202420/06/2024DutchPDF
Full model31/12/202221/06/202307/07/2023DutchPDF
Full model31/12/202115/06/202223/06/2022DutchPDF
Full modelCorrection31/12/202009/06/202110/12/2021DutchPDF
Full model31/12/202009/06/202118/06/2021DutchPDF
Full model31/12/201919/08/202020/08/2020DutchPDF
Full model31/12/201819/06/201928/06/2019DutchPDF
Full model31/12/201720/06/201810/07/2018DutchPDF
Full model31/12/201621/06/201714/07/2017DutchPDF
Full model31/12/201530/06/201610/08/2016DutchPDF
Full model31/12/201417/06/201524/06/2015DutchPDF
Full model31/12/201330/06/201402/07/2014DutchPDF
Full model31/12/201229/06/201310/07/2013DutchPDF
Abridged model31/12/201120/06/201211/07/2012DutchPDF
Abridged model31/12/201015/06/201113/07/2011DutchPDF
Abridged model31/12/200916/06/201007/07/2010DutchPDF
Abridged model31/03/200926/09/200923/10/2009DutchPDF
Abridged model31/03/200830/09/200830/10/2008DutchPDF
Abridged model31/03/200701/09/200705/11/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

3 active · 24 ended

Active mandates

FJZ

Managing director · since 27 mai 2025 · until 26 mai 2031 · 0712.649.793

Represented by Frederic Maene

Active
FULLMOONSCONCEPT

Managing director · since 27 mai 2025 · until 26 mai 2031 · 0712.647.320

Represented by Dominique Maene

Active
MAENE-DOUTRELIGNE

Director · since 09 mars 2021 · until 08 mars 2027 · 0422.221.204

Represented by Christiaan Maene

Active

Ended mandates

FJZ

Managing director · since 27 mai 2019 · until 26 mai 2025 · 0712.649.793

Represented by Frederic Maene

Ended
FJZ

Managing director · since 27 mai 2019 · until 26 mai 2025 · 0712.649.793

Represented by Frederic Maene

Ended
FULLMOONSCONCEPT

Managing director · since 27 mai 2019 · until 26 mai 2025 · 0712.647.320

Represented by Dominique Maene

Ended
FULLMOONSCONCEPT

Managing director · since 27 mai 2019 · until 26 mai 2025 · 0712.647.320

Represented by Dominique Maene

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/03/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/11/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/12/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/07/2017
    ONTSLAGEN - BENOEMINGEN
    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 2025440 k €↑
  2. 2024
    Annual accounts 2024208,4 k €↑
  3. 2023
    Annual accounts 2023188,2 k €↓
  4. 2022
    Annual accounts 2022283,6 k €↓
  5. 2021
    Annual accounts 2021418,9 k €↑
  6. 2020
    Annual accounts 2020213,9 k €↑
  7. 2019
    Annual accounts 201968,8 k €↑
  8. 2018
    Annual accounts 201835,8 k €↓
  9. 2017
    Annual accounts 201765,4 k €↑
  10. 2016
    Annual accounts 2016-5,8 k €↓
  11. 2015
    Annual accounts 2015175,2 k €↓
  12. 2014
    Annual accounts 2014316,2 k €↑
  13. 2013
    Annual accounts 2013137,2 k €↑
  14. 2012
    Annual accounts 2012-45,2 k €↓
  15. 2011
    Annual accounts 201119,2 k €↑
  16. 2010
    Annual accounts 2010-9 k €↓
  17. 2009
    Annual accounts 20094 k €↓
  18. 2009
    Annual accounts 200931,2 k €↓
  19. 2008
    Annual accounts 2008448,2 k €↑
  20. 2007
    Annual accounts 200730 k €
  21. 22/02/1990
    IncorporationPublic limited company