MAHIEU
0449.748.220 · rovalta.com · 23/09/2026
ACTIVE
MAHIEU
Financial year 2025 · closed on 30/06/2025
Net result
9,9 k €
+141.2% YoY
Gross margin
323,2 k €
+9.5% YoY
Equity
132,8 k €
+8.1% YoY
Overview
What does MAHIEU do?
MAHIEU is a Private limited company incorporated in 1993. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Izegem.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0449.748.220
Incorporation
24/03/1993
Legal form
Private limited company
Registered office
Ambachtenstraat 28
8870 Izegem · FlandreSee on map
8870 Izegem · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
30/06/2025
Activities (NACE)
Joint committees (2)
- 124
- 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 323,2 k € | +9.5% | 295,1 k € | -15.5% | 349,2 k € | +21.5% | 287,5 k € | +0.6% | 285,8 k € | -1.7% | 290,7 k € | -1.3% | 294,5 k € | -14.9% | 346,1 k € | -8.8% | 379,3 k € | +3.5% | 366,5 k € | -12.7% | 419,7 k € | -2.7% | 431,5 k € | -5.1% | 454,9 k € | +16.2% | 391,3 k € | -7.3% | 422,2 k € | +48.2% | 284,9 k € | -34.1% | 432,3 k € | +2.9% | 420 k € | -9.1% | 462 k € |
| EBITDA | 50,3 k € | +4.7% | 48 k € | -30.0% | 68,6 k € | +17.0% | 58,7 k € | -9.3% | 64,7 k € | +5.3% | 61,4 k € | -3.0% | 63,3 k € | +67.5% | 37,8 k € | -39.1% | 62,1 k € | -9.6% | 68,7 k € | -25.7% | 92,4 k € | +5.9% | 87,3 k € | -8.7% | 95,6 k € | +49.2% | 64,1 k € | -46.4% | 119,4 k € | +554% | -26,3 k € | -130% | 86,3 k € | -4.7% | 90,5 k € | -40.1% | 151,2 k € |
| Operating result | 17,3 k € | +106% | 8,4 k € | -74.9% | 33,5 k € | +39.2% | 24,1 k € | -0.6% | 24,2 k € | +16.3% | 20,8 k € | -14.9% | 24,5 k € | +329% | 5,7 k € | -48.0% | 11 k € | -48.2% | 21,2 k € | -52.4% | 44,5 k € | +18.8% | 37,5 k € | -16.3% | 44,8 k € | +37.5% | 32,6 k € | -61.7% | 85 k € | +230% | -65,6 k € | -258% | 41,4 k € | -19.7% | 51,5 k € | -58.0% | 122,7 k € |
| Net result | 9,9 k € | +141% | 4,1 k € | -82.8% | 24 k € | +264% | 6,6 k € | +24.9% | 5,3 k € | +111% | 2,5 k € | -58.6% | 6,1 k € | +193% | -6,5 k € | -5162% | 128,8 € | -98.5% | 8,6 k € | -49.0% | 16,9 k € | -8.2% | 18,4 k € | +15.9% | 15,9 k € | -7.4% | 17,1 k € | -76.2% | 72,1 k € | +196% | -75,2 k € | -415% | 23,8 k € | -17.5% | 28,9 k € | -60.8% | 73,8 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 132,8 k € | +8.1% | 122,9 k € | +3.5% | 118,7 k € | +34.0% | 88,6 k € | +8.0% | 82,1 k € | +6.9% | 76,8 k € | +3.4% | 74,3 k € | -75.8% | 306,7 k € | -2.1% | 313,2 k € | +0.0% | 313,1 k € | +2.8% | 304,5 k € | +5.9% | 287,6 k € | -2.7% | 295,7 k € | +5.7% | 279,8 k € | +6.5% | 262,7 k € | +37.8% | 190,6 k € | -28.3% | 265,8 k € | +9.9% | 242 k € | +13.6% | 213,1 k € |
| Total assets | 689,4 k € | -4.9% | 724,7 k € | +6.1% | 682,9 k € | +3.5% | 659,9 k € | -7.7% | 715,3 k € | -11.3% | 806,6 k € | +2.5% | 787,2 k € | -11.5% | 889 k € | +1.6% | 875,1 k € | -5.1% | 922 k € | +1.1% | 912,1 k € | -7.4% | 985 k € | -15.5% | 1,2 M € | +19.5% | 975 k € | +34.3% | 725,7 k € | +2.9% | 705,2 k € | -10.8% | 790,7 k € | +7.3% | 736,8 k € | +2.7% | 717,6 k € |
| Cash | 67,2 k € | +108% | 32,3 k € | -32.7% | 48 k € | +52.1% | 31,6 k € | -47.3% | 59,8 k € | +32.8% | 45,1 k € | +204% | 14,8 k € | -85.7% | 103,5 k € | +69.2% | 61,2 k € | +0.7% | 60,7 k € | +82.8% | 33,2 k € | +210% | 10,7 k € | -87.4% | 85,4 k € | -52.2% | 178,6 k € | +197% | 60,1 k € | +19.7% | 50,2 k € | -43.8% | 89,3 k € | +16.0% | 77 k € | -54.6% | 169,6 k € |
| Debts | 314,2 k € | -11.4% | 354,4 k € | +11.5% | 317,8 k € | -2.4% | 325,5 k € | -16.1% | 388,2 k € | -20.7% | 489,4 k € | +3.1% | 474,8 k € | +39.4% | 340,7 k € | +6.9% | 318,7 k € | -15.3% | 376,5 k € | +1.2% | 371,9 k € | -19.3% | 461 k € | -27.2% | 633 k € | +36.8% | 462,8 k € | +101% | 229,9 k € | -19.2% | 284,4 k € | -2.0% | 290,2 k € | +1.3% | 286,4 k € | -9.8% | 317,5 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | 4,1 ETP | -4.7% | 4,3 ETP | +10.3% | 3,9 ETP | +5.4% | 3,7 ETP | -11.9% | 4,2 ETP | -2.3% | 4,3 ETP | -21.8% | 5,5 ETP | -14.1% | 6,4 ETP | +10.3% | 5,8 ETP | -9.4% | 6,4 ETP | -8.6% | 7,0 ETP | -4.1% | 7,3 ETP | -5.2% | 7,7 ETP | -3.7% | 8,0 ETP | +3.9% | 7,7 ETP | +1.3% | 7,6 ETP | +2.7% | 7,4 ETP | +2.8% | 7,2 ETP | |
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/06/2025 · 1 active · 1 ended
Active mandates
GEERT MAHIEU
ActiveEnded mandates
Geert Mahieu
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/07/2024 | 01/07/2023 | 01/07/2022 | 01/07/2021 | 01/07/2020 | 01/07/2019 |
| Closing of the financial year | 30/06/2025 | 30/06/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 | 30/06/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 26/01/2026 | 12/02/2025 | 15/01/2024 | 30/01/2023 | 14/02/2022 | 29/01/2021 |
| General meeting | 20/12/2025 | 21/12/2024 | 16/12/2023 | 17/12/2022 | 18/12/2021 | 12/09/2020 |
| 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
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/06/2025 | 20/12/2025 | 26/01/2026 | Dutch | |
| Abridged model | 30/06/2024 | 21/12/2024 | 12/02/2025 | Dutch | |
| Abridged model | 30/06/2023 | 16/12/2023 | 15/01/2024 | Dutch | |
| Abridged model | 30/06/2022 | 17/12/2022 | 30/01/2023 | Dutch | |
| Abridged model | 30/06/2021 | 18/12/2021 | 14/02/2022 | Dutch | |
| Abridged model | 30/06/2020 | 12/09/2020 | 29/01/2021 | Dutch | |
| Abridged model | 30/06/2019 | 14/09/2019 | 19/12/2019 | Dutch | |
| Abridged model | 30/06/2018 | 08/09/2018 | 20/12/2018 | Dutch | |
| Abridged model | 30/06/2017 | 09/12/2017 | 01/02/2018 | Dutch | |
| Abridged model | 30/06/2016 | 10/09/2016 | 26/10/2016 | Dutch | |
| Abridged model | 30/06/2015 | 12/09/2015 | 27/10/2015 | Dutch | |
| Abridged model | 30/06/2014 | 12/09/2014 | 05/11/2014 | Dutch | |
| Abridged model | 30/06/2013 | 14/09/2013 | 06/12/2013 | Dutch | |
| Abridged model | 30/06/2012 | 24/11/2012 | 30/11/2012 | Dutch | |
| Abridged model | 30/06/2011 | 10/09/2011 | 29/11/2011 | Dutch | |
| Abridged model | 30/06/2010 | 11/09/2010 | 13/12/2010 | Dutch | |
| Abridged model | 30/06/2009 | 12/09/2009 | 09/12/2009 | Dutch | |
| Abridged model | 30/06/2008 | 29/12/2008 | 05/02/2009 | Dutch | |
| Abridged model | 30/06/2007 | 16/01/2008 | 13/02/2008 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 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.
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 30/06/2025 · 1 active · 1 ended
Active mandates
GEERT MAHIEU
ActiveEnded mandates
Geert Mahieu
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates21/09/2021STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
- Capital / shares23/08/2018KAPITAAL - AANDELEN
- Capital / shares24/07/2014KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Registered office25/04/2013MAATSCHAPPELIJKE ZETEL
- Registered office15/04/2004DOEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL
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
- 2025Annual accounts 20259,9 k €↑
- 2024Annual accounts 20244,1 k €↓
- 2023Annual accounts 202324 k €↑
- 2022Annual accounts 20226,6 k €↑
- 2021Annual accounts 20215,3 k €↑
- 2020Annual accounts 20202,5 k €↓
- 2019Annual accounts 20196,1 k €↑
- 2018Annual accounts 2018-6,5 k €↓
- 2017Annual accounts 2017128,8 €↓
- 2016Annual accounts 20168,6 k €↓
- 2015Annual accounts 201516,9 k €↓
- 2014Annual accounts 201418,4 k €↑
- 2013Annual accounts 201315,9 k €↓
- 2012Annual accounts 201217,1 k €↓
- 2011Annual accounts 201172,1 k €↑
- 2010Annual accounts 2010-75,2 k €↓
- 2009Annual accounts 200923,8 k €↓
- 2008Annual accounts 200828,9 k €↓
- 2007Annual accounts 200773,8 k €
- 24/03/1993IncorporationPrivate limited company