ACTIVE

MAES & ASSOCIATES

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Financial year 2024 · closed on 31/12/2024
Net result
199,4 k €
+94.5% YoY
Gross margin
211,6 k €
+28.0% YoY
Equity
1,1 M €
+12.8% YoY

What does MAES & ASSOCIATES do?

MAES & ASSOCIATES is a Public limited company incorporated in 1993. Its main activity is: Real estate agencies. Its registered office is in Wetteren.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0451.917.753
Incorporation
29/12/1993
Legal form
Public limited company
Registered office
Schooldreef 14
9230 Wetteren · FlandreSee on map
Contributed capital
92 960,07 €
Latest accounts
31/12/2024
Activities (NACE)
68310Real estate agencies· main68311Real estate agencies70311Activities of head offices; management consultancy activities71111Architectural activities71111Architectural activities74201Photographic activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin211,6 k €165,4 k €163,8 k €164,8 k €213 k €160 k €140,9 k €112 k €101,1 k €82,5 k €75,9 k €89 k €46,7 k €37,9 k €21,5 k €29,9 k €41,5 k €19 k €17,3 k €
EBITDA208,7 k €162,4 k €161,3 k €162,4 k €199,8 k €157,6 k €138,6 k €109,9 k €99,1 k €80,4 k €73,8 k €87,1 k €44,8 k €36,3 k €19,9 k €28,1 k €39,8 k €17,3 k €15,6 k €
Operating result190,2 k €141,7 k €134,2 k €121,7 k €174,2 k €132,1 k €113,7 k €98,1 k €75,5 k €50,5 k €44,5 k €62,3 k €27,8 k €23,9 k €7,6 k €15,7 k €27,2 k €4,7 k €1,5 k €
Net result199,4 k €102,5 k €96,3 k €88,4 k €124,8 k €104,4 k €77 k €62,7 k €52,5 k €32,9 k €30,4 k €45,2 k €21,7 k €21,1 k €6,2 k €12,8 k €19 k €11,1 k €9,4 k €
Balance sheet
Equity1,1 M €959,8 k €919,9 k €876,2 k €820,6 k €726,2 k €621,8 k €544,8 k €482,2 k €429,6 k €400,9 k €370,5 k €325,3 k €304,2 k €283,1 k €276,9 k €264,1 k €245,1 k €234 k €
Total assets1,1 M €983,9 k €973,4 k €926,7 k €896,9 k €782,4 k €708,7 k €614,8 k €558,7 k €474,4 k €437,4 k €429,2 k €352,6 k €309,7 k €290,2 k €305,8 k €302,6 k €278,5 k €280,5 k €
Cash3,4 k €140,5 k €266,2 k €425,2 k €567,7 k €71,9 k €136,3 k €302,5 k €316,1 k €269 k €235 k €157,5 k €101,5 k €91 k €87,2 k €––8 k €2,3 k €
Debts17,3 k €24,1 k €53,5 k €50,5 k €76,3 k €56,2 k €86,9 k €69,9 k €76,6 k €44,7 k €32,4 k €58,7 k €27,4 k €5,5 k €7,1 k €28,9 k €38,4 k €33,4 k €46,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2024 · 2 active · 7 ended

Active mandates

Gudrun Van Renterghem

Director · until 31 décembre 2027

Active
HUBERT MAES

Managing director · until 31 décembre 2027

Active

Ended mandates

CARINE HASERIJN

Director

Ended
CARINE HASERIJN

Associate

Ended
GUDRUN VAN RENTERGHEM

Director · until 29 décembre 2021

Ended
HUBERT MAES

Managing director · until 29 décembre 2021

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/07/202515/07/202421/09/202309/08/202211/08/202124/09/2020
General meeting25/06/202531/05/202411/09/202309/07/202230/06/202130/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202425/06/202504/07/2025DutchPDF
Micro model31/12/202331/05/202415/07/2024DutchPDF
Micro model31/12/202211/09/202321/09/2023DutchPDF
Micro model31/12/202109/07/202209/08/2022DutchPDF
Micro model31/12/202030/06/202111/08/2021DutchPDF
Micro model31/12/201930/06/202024/09/2020DutchPDF
Micro model31/12/201830/06/201908/08/2019DutchPDF
Micro model31/12/201730/06/201822/08/2018DutchPDF
Micro model31/12/201627/06/201707/08/2017DutchPDF
Abridged model31/12/201529/06/201631/08/2016DutchPDF
Abridged model31/12/201429/06/201524/08/2015DutchPDF
Abridged model31/12/201329/06/201412/08/2014DutchPDF
Abridged model31/12/201229/06/201316/08/2013DutchPDF
Abridged model31/12/201131/05/201201/08/2012DutchPDF
Abridged model31/12/201016/06/201117/06/2011DutchPDF
Abridged model31/12/200930/06/201019/08/2010DutchPDF
Abridged model31/12/200830/06/200903/09/2009DutchPDF
Abridged model31/12/200730/06/200830/07/2008DutchPDF
Abridged model31/12/200630/06/200725/07/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 7 ended

Active mandates

Gudrun Van Renterghem

Director · until 31 décembre 2027

Active
HUBERT MAES

Managing director · until 31 décembre 2027

Active

Ended mandates

CARINE HASERIJN

Director

Ended
CARINE HASERIJN

Associate

Ended
GUDRUN VAN RENTERGHEM

Director · until 29 décembre 2021

Ended
HUBERT MAES

Managing director · until 29 décembre 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/08/2016
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    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

Timeline

  1. 2024
    Annual accounts 2024199,4 k €↑
  2. 2023
    Annual accounts 2023102,5 k €↑
  3. 2022
    Annual accounts 202296,3 k €↑
  4. 2021
    Annual accounts 202188,4 k €↓
  5. 2021
    Name changeMaes & Associates
  6. 2020
    Annual accounts 2020124,8 k €↑
  7. 2019
    Annual accounts 2019104,4 k €↑
  8. 2018
    Annual accounts 201877 k €↑
  9. 2017
    Annual accounts 201762,7 k €↑
  10. 2016
    Annual accounts 201652,5 k €↑
  11. 2015
    Annual accounts 201532,9 k €↑
  12. 2014
    Annual accounts 201430,4 k €↓
  13. 2013
    Annual accounts 201345,2 k €↑
  14. 2012
    Annual accounts 201221,7 k €↑
  15. 2011
    Annual accounts 201121,1 k €↑
  16. 2010
    Annual accounts 20106,2 k €↓
  17. 2009
    Annual accounts 200912,8 k €↓
  18. 2008
    Annual accounts 200819 k €↑
  19. 2007
    Annual accounts 200711,1 k €↑
  20. 2006
    Annual accounts 20069,4 k €
  21. 2006
    Name changeMAES and ASSOCIATES
  22. 29/12/1993
    IncorporationPublic limited company