ACTIVE

Makejovan

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Financial year 2025 · closed on 30/09/2025

Net result

484,1 k €

-48.3% YoY

Gross margin

614,4 k €

-60.7% YoY

Equity

2,6 M €

+23.3% YoY

What does Makejovan do?

Makejovan is a Public limited company incorporated in 1993. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Schaerbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0450.901.629

Incorporation

16/09/1993

Legal form

Public limited company

Registered office

Avenue Eugène Plasky 68
1030 Schaerbeek · BruxellesSee on map

Contributed capital

545 365,75 €

Latest accounts

30/09/2025

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

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	614,4 k €	-60.7%	1,6 M €	-43.8%	2,8 M €	+879%	283,9 k €	-1.0%	286,8 k €	-8.3%	312,9 k €	+12.4%	278,3 k €	-9.5%	307,7 k €	+18.1%	260,5 k €	-10.9%	292,2 k €	+29.9%	225 k €	+0.4%	224,1 k €	-10.4%	250,2 k €	+32.5%	188,8 k €	+36.9%	137,8 k €	+80.5%	76,4 k €	-29.9%	108,9 k €	+17.8%	92,4 k €	+47.4%	62,7 k €
EBITDA	585 k €	-61.6%	1,5 M €	-44.4%	2,7 M €	+1036%	241,1 k €	-3.0%	248,6 k €	+51.3%	164,3 k €	+44.5%	113,7 k €	+7.6%	105,7 k €	+50.2%	70,3 k €	-30.6%	101,3 k €	+238%	30 k €	-9.9%	33,3 k €	-34.2%	50,6 k €	+153%	20 k €	+202%	-19,6 k €	+60.3%	-49,4 k €	-583%	-7,2 k €	+31.8%	-10,6 k €	+74.6%	-41,8 k €
Operating result	450,9 k €	-66.7%	1,4 M €	-47.0%	2,6 M €	+8763%	28,8 k €	-29.8%	41,1 k €	-36.9%	65,1 k €	+473%	11,4 k €	+372%	-4,2 k €	+90.2%	-42,7 k €	+27.8%	-59,1 k €	+16.8%	-71,1 k €	+24.2%	-93,9 k €	-1136%	9,1 k €	+116%	-57,3 k €	+41.7%	-98,3 k €	+17.2%	-118,7 k €	-59.2%	-74,6 k €	+0.1%	-74,7 k €	+24.0%	-98,2 k €
Net result	484,1 k €	-48.3%	936,5 k €	-59.1%	2,3 M €	+7835%	28,9 k €	-29.6%	41 k €	-37.0%	65 k €	+477%	11,3 k €	+1642%	646,9 €	+102%	-42,6 k €	+27.5%	-58,8 k €	+16.5%	-70,5 k €	+24.1%	-92,8 k €	-1082%	9,5 k €	+118%	-53,5 k €	+46.2%	-99,4 k €	+15.9%	-118,3 k €	-58.6%	-74,6 k €	+0.3%	-74,8 k €	+24.2%	-98,7 k €
Balance sheet
Equity	2,6 M €	+23.3%	2,1 M €	+82.1%	1,1 M €	+199%	-1,1 M €	+2.4%	-1,2 M €	+3.4%	-1,2 M €	+5.1%	-1,3 M €	+0.9%	-1,3 M €	+0.0%	-1,3 M €	-3.4%	-1,3 M €	-4.9%	-1,2 M €	-6.3%	-1,1 M €	-9.0%	-1 M €	+0.9%	-1 M €	-5.4%	-986,9 k €	-11.2%	-887,5 k €	-15.4%	-769,3 k €	-10.7%	-694,7 k €	-12.1%	-619,9 k €
Total assets	4,7 M €	+1.8%	4,6 M €	+12.3%	4,1 M €	+20.0%	3,4 M €	+4.3%	3,3 M €	+5.0%	3,1 M €	+5.6%	3 M €	+5.2%	2,8 M €	+3.2%	2,7 M €	+3.1%	2,6 M €	+2.1%	2,6 M €	+6.3%	2,4 M €	+2.9%	2,4 M €	+5.9%	2,2 M €	+3.0%	2,2 M €	+12.6%	1,9 M €	+12.5%	1,7 M €	+9.8%	1,6 M €	+16.3%	1,3 M €
Cash	141,2 k €	+33.6%	105,6 k €	-96.3%	2,9 M €	+78.5%	1,6 M €	+17.0%	1,4 M €	+21.6%	1,1 M €	+30.3%	870 k €	+41.5%	615 k €	+49.6%	411 k €	+84.8%	222,4 k €	-50.9%	453,2 k €	+89.7%	238,9 k €	-19.0%	294,9 k €	+121%	133,6 k €	+575%	19,8 k €	+89.2%	10,5 k €	-62.2%	27,7 k €	+91.1%	14,5 k €	+1348%	1 k €
Debts	1,9 M €	-20.4%	2,4 M €	-12.8%	2,8 M €	+11.9%	2,5 M €	-0.3%	2,5 M €	+0.3%	2,5 M €	-0.5%	2,5 M €	-0.1%	2,5 M €	-1.3%	2,5 M €	+0.2%	2,5 M €	-0.6%	2,5 M €	+3.9%	2,4 M €	+1.2%	2,4 M €	-0.1%	2,4 M €	-0.1%	2,4 M €	+10.5%	2,2 M €	+11.8%	2 M €	+7.3%	1,8 M €	+12.8%	1,6 M €
Other
Workforce	–		–		–		–		–		–		–		–		–		1,4 ETP	0.0%	1,4 ETP	0.0%	1,4 ETP	+7.7%	1,3 ETP	+8.3%	1,2 ETP	+20.0%	1,0 ETP	0.0%	1,0 ETP	+100%	0,5 ETP		–		0,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 11 ended

Active mandates

John VANDE MEULEBROECKE

Managing director · since 24 février 2017 · until 24 février 2029

Active

Kenneth VANDE MEULEBROECKE

Director · since 24 février 2017 · until 24 février 2029

Active

Ended mandates

John VANDE MEULEBROECKE

Managing director · since 24 février 2017 · until 24 février 2023

Ended

Kenneth VANDE MEULEBROECKE

Director · since 24 février 2017 · until 24 février 2023

Ended

Mireille VANDEN MEULEBROECKE

Director · since 24 février 2017 · until 24 février 2023

Ended

Kenneth VANDE MEULEBROECKE

Director · since 27 février 2015 · until 26 mai 2017

Ended

At this address

Other companies at this address

Company	CBE no.
MAKEVAN● Active	0431.285.358
VANDE MEULEBROECKE● Active	0730.603.604

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/05/2026	30/04/2025	30/04/2024	27/04/2023	29/04/2022	26/04/2021
General meeting	27/02/2026	28/02/2025	23/02/2024	24/02/2023	25/02/2022	26/02/2021
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
Micro model	30/09/2025	27/02/2026	20/05/2026	Dutch	PDF
Micro model	30/09/2024	28/02/2025	30/04/2025	French	PDF
Micro model	30/09/2023	23/02/2024	30/04/2024	Dutch	PDF
Micro model	30/09/2022	24/02/2023	27/04/2023	Dutch	PDF
Micro model	30/09/2021	25/02/2022	29/04/2022	French	PDF
Micro model	30/09/2020	26/02/2021	26/04/2021	Dutch	PDF
Micro model	30/09/2019	28/02/2020	01/04/2020	Dutch	PDF
Micro model	30/09/2018	22/02/2019	28/03/2019	Dutch	PDF
Micro model	30/09/2017	23/02/2018	30/03/2018	Dutch	PDF
Abridged model	30/09/2016	24/02/2017	30/03/2017	Dutch	PDF
Abridged model	30/09/2015	26/02/2016	31/03/2016	Dutch	PDF
Abridged model	30/09/2014	27/02/2015	23/03/2015	Dutch	PDF
Abridged model	30/09/2013	28/02/2014	28/04/2014	Dutch	PDF
Abridged model	30/09/2012	08/04/2013	06/05/2013	Dutch	PDF
Abridged model	30/09/2011	30/03/2012	18/06/2012	Dutch	PDF
Abridged model	30/09/2010	31/05/2011	16/06/2011	Dutch	PDF
Abridged model	30/09/2009	26/03/2010	10/06/2010	Dutch	PDF
Abridged model	30/09/2008	13/03/2009	27/03/2009	Dutch	PDF
Abridged model	30/09/2007	29/02/2008	27/06/2008	Dutch	PDF
Abridged model	30/09/2006	23/02/2007	26/03/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 11 ended

Active mandates

John VANDE MEULEBROECKE

Managing director · since 24 février 2017 · until 24 février 2029

Active

Kenneth VANDE MEULEBROECKE

Director · since 24 février 2017 · until 24 février 2029

Active

Ended mandates

John VANDE MEULEBROECKE

Managing director · since 24 février 2017 · until 24 février 2023

Ended

Kenneth VANDE MEULEBROECKE

Director · since 24 février 2017 · until 24 février 2023

Ended

Mireille VANDEN MEULEBROECKE

Director · since 24 février 2017 · until 24 février 2023

Ended

Kenneth VANDE MEULEBROECKE

Director · since 27 février 2015 · until 26 mai 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/03/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/06/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/06/2011
ONTSLAGEN - BENOEMINGEN
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 2025484,1 k €↓
2024
Annual accounts 2024936,5 k €↓
2023
Annual accounts 20232,3 M €↑
2022
Annual accounts 202228,9 k €↓
2021
Annual accounts 202141 k €↓
2020
Annual accounts 202065 k €↑
2019
Annual accounts 201911,3 k €↑
2018
Annual accounts 2018646,9 €↑
2017
Annual accounts 2017-42,6 k €↑
2016
Annual accounts 2016-58,8 k €↑
2015
Annual accounts 2015-70,5 k €↑
2014
Annual accounts 2014-92,8 k €↓
2013
Annual accounts 20139,5 k €↑
2012
Annual accounts 2012-53,5 k €↑
2011
Annual accounts 2011-99,4 k €↑
2010
Annual accounts 2010-118,3 k €↓
2009
Annual accounts 2009-74,6 k €↑
2008
Annual accounts 2008-74,8 k €↑
2007
Annual accounts 2007-98,7 k €
16/09/1993
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

Makejovan

Overview

What does Makejovan do?

Trend over 19 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