MAKART
0443.513.197 · rovalta.com · 23/09/2026
ACTIVE
MAKART
Financial year 2024 · closed on 31/12/2024
Net result
352,8 k €
-70.6% YoY
Revenue
20,3 M €
+1.2% YoY
Equity
6,3 M €
-3.3% YoY
Workforce
39,6 ETP
+2.6% YoY
Overview
What does MAKART do?
MAKART is a Public limited company incorporated in 1991. Its registered office is in Ans. It employs on average 39,6 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0443.513.197
Incorporation
11/03/1991
Legal form
Public limited company
Registered office
Avenue Alfred Deponthière 54
4431 Ans · WallonieSee on map
4431 Ans · WallonieSee on map
Contributed capital
173 525,47 €
Latest accounts
31/12/2024
Average workforce
39,6 ETP
Joint committees (2)
- 119
- 201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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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 | |||||||||||||||||||||||||||||||||||||
| Revenue | 20,3 M € | +1.2% | 20,1 M € | +7.6% | 18,7 M € | +36.8% | 13,6 M € | +27.4% | 10,7 M € | -37.5% | 17,1 M € | -1.1% | 17,3 M € | +1.5% | 17,1 M € | +0.5% | 17 M € | -1.5% | 17,2 M € | +1.2% | 17 M € | +7.4% | 15,9 M € | -2.6% | 16,3 M € | +4.4% | 15,6 M € | +12.6% | 13,8 M € | -9.5% | 15,3 M € | +6.1% | 14,4 M € | +8.0% | 13,4 M € | +4.7% | 12,8 M € |
| EBITDA | 977,4 k € | -47.9% | 1,9 M € | +76.8% | 1,1 M € | -24.0% | 1,4 M € | +32.3% | 1,1 M € | -32.8% | 1,6 M € | +11.4% | 1,4 M € | -22.8% | 1,8 M € | +53.1% | 1,2 M € | -10.2% | 1,3 M € | +90.0% | 698 k € | -30.5% | 1 M € | -28.2% | 1,4 M € | +31.5% | 1,1 M € | +82.7% | 582 k € | +262% | 160,7 k € | -86.2% | 1,2 M € | +37.6% | 844 k € | -12.1% | 959,8 k € |
| Operating result | 496,5 k € | -68.6% | 1,6 M € | +202% | 523,1 k € | -45.5% | 960,7 k € | +18.8% | 808,7 k € | -17.2% | 977,3 k € | -7.5% | 1,1 M € | -13.3% | 1,2 M € | +66.1% | 733,5 k € | -16.5% | 878 k € | +169% | 325,8 k € | +23.8% | 263,1 k € | -68.2% | 827,6 k € | +37.4% | 602,3 k € | +302% | 150 k € | +177% | -196 k € | -125% | 790,5 k € | +54.7% | 511 k € | -17.8% | 621,7 k € |
| Net result | 352,8 k € | -70.6% | 1,2 M € | +167% | 449,8 k € | -34.5% | 687,2 k € | -5.6% | 728 k € | -12.5% | 832,3 k € | +9.8% | 757,8 k € | -31.5% | 1,1 M € | +61.3% | 686 k € | -14.3% | 800,8 k € | +154% | 314,9 k € | +61.0% | 195,6 k € | -69.5% | 640,9 k € | +124% | 285,6 k € | +182% | 101,2 k € | -60.9% | 259,1 k € | -57.8% | 613,7 k € | +78.0% | 344,9 k € | -36.4% | 542,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 6,3 M € | -3.3% | 6,5 M € | +8.9% | 6 M € | +4.2% | 5,8 M € | +13.3% | 5,1 M € | +1.4% | 5 M € | +4.6% | 4,8 M € | +3.2% | 4,7 M € | +11.8% | 4,2 M € | +1.7% | 4,1 M € | +6.5% | 3,8 M € | +0.9% | 3,8 M € | +0.9% | 3,8 M € | +9.5% | 3,4 M € | +7.4% | 3,2 M € | +2.9% | 3,1 M € | +20.6% | 2,6 M € | +12.8% | 2,3 M € | +16.6% | 2 M € |
| Total assets | 13 M € | +9.8% | 11,8 M € | +15.1% | 10,3 M € | +11.5% | 9,2 M € | +0.9% | 9,1 M € | -12.2% | 10,4 M € | +2.0% | 10,2 M € | -5.3% | 10,8 M € | -0.2% | 10,8 M € | -0.6% | 10,9 M € | +5.6% | 10,3 M € | +3.6% | 9,9 M € | -5.7% | 10,5 M € | +22.8% | 8,6 M € | +4.4% | 8,2 M € | -7.9% | 8,9 M € | +3.5% | 8,6 M € | +21.1% | 7,1 M € | +5.8% | 6,7 M € |
| Cash | 2,5 M € | +22.9% | 2 M € | +10.3% | 1,8 M € | -19.0% | 2,2 M € | +14.6% | 2 M € | +0.3% | 2 M € | +23.9% | 1,6 M € | -23.1% | 2,1 M € | +29.4% | 1,6 M € | +1.1% | 1,6 M € | +20.0% | 1,3 M € | +6.0% | 1,2 M € | -19.7% | 1,5 M € | +73.7% | 884,3 k € | -57.1% | 2,1 M € | +114% | 964 k € | -22.2% | 1,2 M € | +37.7% | 899,8 k € | -12.2% | 1 M € |
| Debts | 6,4 M € | +23.6% | 5,2 M € | +24.9% | 4,2 M € | +25.5% | 3,3 M € | -15.6% | 3,9 M € | -23.9% | 5,2 M € | -1.8% | 5,3 M € | -11.6% | 6 M € | -7.7% | 6,5 M € | -2.0% | 6,6 M € | +5.3% | 6,3 M € | +5.8% | 5,9 M € | -9.4% | 6,5 M € | +33.9% | 4,9 M € | -0.6% | 4,9 M € | -13.8% | 5,7 M € | -3.6% | 5,9 M € | +26.3% | 4,7 M € | +1.8% | 4,6 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 39,6 ETP | +2.6% | 38,6 ETP | +12.5% | 34,3 ETP | +10.6% | 31,0 ETP | -6.1% | 33,0 ETP | +2.5% | 32,2 ETP | 0.0% | 32,2 ETP | +3.5% | 31,1 ETP | +8.0% | 28,8 ETP | +0.3% | 28,7 ETP | +7.1% | 26,8 ETP | +1.5% | 26,4 ETP | +3.5% | 25,5 ETP | +3.2% | 24,7 ETP | -0.8% | 24,9 ETP | +0.8% | 24,7 ETP | +18.7% | 20,8 ETP | -1.9% | 21,2 ETP | +6.0% | 20,0 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 2 active · 22 ended
Active mandates
Active
Active
Ended mandates
At this address
Other companies at this address
Financials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full 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 | 17/12/2025 | 27/11/2024 | 25/10/2023 | 13/10/2022 | 28/10/2021 | 03/11/2020 |
| General meeting | 16/12/2025 | 07/10/2024 | 29/09/2023 | 23/08/2022 | 26/10/2021 | 08/09/2020 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2024 | 16/12/2025 | 17/12/2025 | French | |
| Full model | 31/12/2023 | 07/10/2024 | 27/11/2024 | French | |
| Full model | 31/12/2022 | 29/09/2023 | 25/10/2023 | French | |
| Full model | 31/12/2021 | 23/08/2022 | 13/10/2022 | French | |
| Full model | 31/12/2020 | 26/10/2021 | 28/10/2021 | French | |
| Full model | 31/12/2019 | 08/09/2020 | 03/11/2020 | French | |
| Full model | 31/12/2018 | 28/06/2019 | 02/10/2019 | French | |
| Full model | 31/12/2017 | 29/06/2018 | 20/09/2018 | French | |
| Full model | 31/12/2016 | 30/06/2017 | 25/09/2017 | French | |
| Full model | 31/12/2015 | 30/05/2016 | 29/08/2016 | French | |
| Full model | 31/12/2014 | 26/05/2015 | 04/08/2015 | French | |
| Full model | 31/12/2013 | 30/06/2014 | 17/10/2014 | French | |
| Full model | 31/12/2012 | 28/06/2013 | 05/08/2013 | French | |
| Full model | 31/12/2011 | 30/06/2012 | 19/09/2012 | French | |
| Full modelCorrection | 31/12/2010 | 31/07/2011 | 01/12/2011 | French | |
| Full model | 31/12/2010 | 30/06/2011 | 30/08/2011 | French | |
| Full model | 31/12/2009 | 30/08/2010 | 31/08/2010 | French | |
| Full model | 31/12/2008 | 30/06/2009 | 28/08/2009 | French | |
| Full model | 31/12/2007 | 30/06/2008 | 04/08/2008 | French | |
| Full model | 31/12/2006 | 29/06/2007 | 02/08/2007 | French |
Valuation
Estimate
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2024 · 2 active · 22 ended
Active mandates
Active
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates28/02/2025DEMISSIONS, NOMINATIONS
- Mandates16/01/2025DEMISSIONS, NOMINATIONS
- Mandates24/10/2023DEMISSIONS, NOMINATIONS
- Mandates09/03/2023DEMISSIONS, NOMINATIONS
- Mandates08/11/2022DEMISSIONS, NOMINATIONS
- Mandates10/12/2020DEMISSIONS, NOMINATIONS
- Mandates29/11/2018DEMISSIONS, NOMINATIONS
- Mandates12/10/2017DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 2024352,8 k €↓
- 2023Annual accounts 20231,2 M €↑
- 2022Annual accounts 2022449,8 k €↓
- 2021Annual accounts 2021687,2 k €↓
- 2020Annual accounts 2020728 k €↓
- 2019Annual accounts 2019832,3 k €↑
- 2018Annual accounts 2018757,8 k €↓
- 2017Annual accounts 20171,1 M €↑
- 2016Annual accounts 2016686 k €↓
- 2015Annual accounts 2015800,8 k €↑
- 2014Annual accounts 2014314,9 k €↑
- 2013Annual accounts 2013195,6 k €↓
- 2012Annual accounts 2012640,9 k €↑
- 2011Annual accounts 2011285,6 k €↑
- 2010Annual accounts 2010101,2 k €↓
- 2009Annual accounts 2009259,1 k €↓
- 2008Annual accounts 2008613,7 k €↑
- 2007Annual accounts 2007344,9 k €↓
- 2006Annual accounts 2006542,3 k €
- 11/03/1991IncorporationPublic limited company