ACTIVE

MAES

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Financial year 2025 · closed on 30/06/2025

Net result

-25,1 k €

+63.0% YoY

Gross margin

60 k €

+665.3% YoY

Equity

28,4 k €

-46.9% YoY

What does MAES do?

MAES is a Private limited company incorporated in 1994. Its main activity is: Floor and wall covering. Its registered office is in Deinze.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.953.961

Incorporation

05/12/1994

Legal form

Private limited company

Registered office

Vosselarestraat 73 box 8
9850 Deinze · FlandreSee on map

Contributed capital

11 331,72 €

Latest accounts

30/06/2025

Activities (NACE)

43331Floor and wall covering· main 43331Floor and wall covering 45431Sale, maintenance and repair of motorcycles and related parts and accessories 43120Site preparation 43120Site preparation 43320Joinery installation+8

Signals

Positive cashflowPositive EBITDA

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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	60 k €	+665%	7,8 k €	-50.4%	15,8 k €	-95.0%	313,1 k €	+5347%	5,7 k €	-76.7%	24,7 k €	-65.0%	70,5 k €	-21.9%	90,3 k €	+60.4%	56,3 k €	-22.3%	72,4 k €	-24.2%	95,5 k €	+23.3%	77,5 k €	+30.6%	59,3 k €	+777%	6,8 k €	-96.8%	214,4 k €	+72.3%	124,5 k €	+34.3%	92,7 k €	-23.6%	121,3 k €	+19.6%	101,4 k €
EBITDA	47,5 k €	+1152%	3,8 k €	-67.7%	11,8 k €	-96.0%	290,9 k €	+17150%	1,7 k €	-90.7%	18,2 k €	-72.7%	66,7 k €	-23.0%	86,6 k €	+64.6%	52,6 k €	-24.0%	69,3 k €	-23.8%	90,8 k €	+24.3%	73,1 k €	+31.5%	55,6 k €	+113627%	-49 €	-100%	168,3 k €	+145%	68,6 k €	+59.1%	43,1 k €	-41.1%	73,2 k €	+25.3%	58,4 k €
Operating result	-14,8 k €	+74.5%	-58 k €	-27.0%	-45,6 k €	-119%	246,2 k €	+613%	-48 k €	-54.8%	-31 k €	-414%	9,9 k €	-69.6%	32,4 k €	+212%	10,4 k €	-69.4%	34 k €	-53.4%	72,9 k €	+79.0%	40,7 k €	+22.3%	33,3 k €	+230%	-25,6 k €	-122%	115,5 k €	+805%	12,8 k €	+20.4%	10,6 k €	-77.1%	46,2 k €	+156%	18,1 k €
Net result	-25,1 k €	+63.0%	-67,8 k €	-23.0%	-55,1 k €	-131%	180,5 k €	+396%	-61,1 k €	-44.3%	-42,3 k €	-1447%	-2,7 k €	-118%	15,4 k €	+1019%	1,4 k €	-91.4%	15,9 k €	-68.5%	50,5 k €	+52.7%	33,1 k €	-24.5%	43,8 k €	+215%	-38 k €	-153%	71,3 k €	+786%	8 k €	+235%	2,4 k €	-92.1%	30,5 k €	+1002%	-3,4 k €
Balance sheet
Equity	28,4 k €	-46.9%	53,5 k €	-79.0%	254,5 k €	-17.8%	309,7 k €	+29.4%	239,3 k €	-20.3%	300,4 k €	-12.3%	342,7 k €	-0.8%	345,4 k €	+4.7%	330 k €	+0.4%	328,7 k €	+5.1%	312,7 k €	+19.3%	262,2 k €	+7.5%	243,9 k €	+21.9%	200,1 k €	-16.0%	238,1 k €	+42.7%	166,9 k €	+5.1%	158,8 k €	+1.5%	156,4 k €	+24.2%	125,9 k €
Total assets	372,8 k €	-20.4%	468,2 k €	-9.9%	519,8 k €	-25.4%	697,1 k €	-33.0%	1 M €	+29.4%	803,9 k €	+13.8%	706,4 k €	+0.7%	701,2 k €	-5.5%	742,4 k €	+2.6%	723,7 k €	+39.4%	519,2 k €	+0.1%	518,6 k €	-1.4%	525,8 k €	-8.3%	573,4 k €	-9.3%	632,5 k €	+18.1%	535,5 k €	+6.4%	503,2 k €	-9.4%	555,2 k €	+2.1%	543,7 k €
Cash	3,9 k €	-79.5%	18,9 k €	-66.3%	56,2 k €	-73.7%	213,9 k €	+364%	46,1 k €	-12.3%	52,6 k €	-43.3%	92,9 k €	+16.6%	79,6 k €	-20.6%	100,2 k €	-2.7%	103 k €	-43.4%	182 k €	+8247%	2,2 k €	+22.9%	1,8 k €	-77.9%	8 k €		–		–		–		–		–
Debts	344,4 k €	-16.9%	414,2 k €	+56.1%	265,3 k €	-31.5%	387,5 k €	-51.6%	801,2 k €	+59.1%	503,6 k €	+38.4%	363,7 k €	+2.2%	355,8 k €	-13.7%	412,4 k €	+4.4%	395 k €	+91.4%	206,4 k €	-19.5%	256,4 k €	-9.1%	281,9 k €	-23.8%	370,1 k €	-5.5%	391,6 k €	+7.1%	365,7 k €	+7.1%	341,4 k €	-13.9%	396,6 k €	-4.8%	416,4 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 10 ended

Active mandates

Björn Maes

Director

Active

Kenneth Maes

Director

Active

Ended mandates

Bjorn Maes

Manager

Ended

Joseph Maes

Director · until 30 novembre 2023

Ended

Joseph Maes

Director

Ended

Joseph Maes

Manager

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Abridged model	Micro model	Micro 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	16/02/2026	31/01/2025	31/01/2024	30/01/2023	31/01/2022	11/01/2021
General meeting	31/12/2025	31/12/2024	29/12/2023	30/12/2022	30/12/2021	11/12/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	31/12/2025	16/02/2026	Dutch	PDF
Micro model	30/06/2024	31/12/2024	31/01/2025	Dutch	PDF
Micro model	30/06/2023	29/12/2023	31/01/2024	Dutch	PDF
Abridged model	30/06/2022	30/12/2022	30/01/2023	Dutch	PDF
Micro model	30/06/2021	30/12/2021	31/01/2022	Dutch	PDF
Micro model	30/06/2020	11/12/2020	11/01/2021	Dutch	PDF
Micro model	30/06/2019	30/12/2019	28/01/2020	Dutch	PDF
Micro model	30/06/2018	14/12/2018	31/01/2019	Dutch	PDF
Micro model	30/06/2017	08/12/2017	30/01/2018	Dutch	PDF
Abridged model	30/06/2016	09/12/2016	31/01/2017	Dutch	PDF
Abridged model	30/06/2015	11/12/2015	13/01/2016	Dutch	PDF
Abridged model	30/06/2014	12/12/2014	28/01/2015	Dutch	PDF
Abridged model	30/06/2013	13/12/2013	14/02/2014	Dutch	PDF
Abridged model	30/06/2012	14/12/2012	08/02/2013	Dutch	PDF
Abridged model	30/06/2011	09/12/2011	02/02/2012	Dutch	PDF
Abridged model	30/06/2010	10/12/2010	04/02/2011	Dutch	PDF
Abridged model	30/06/2009	11/12/2009	10/02/2010	Dutch	PDF
Abridged model	30/06/2008	12/12/2008	24/12/2008	Dutch	PDF
Abridged model	30/06/2007	14/12/2007	15/02/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

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 30/06/2025 · 2 active · 10 ended

Active mandates

Björn Maes

Director

Active

Kenneth Maes

Director

Active

Ended mandates

Bjorn Maes

Manager

Ended

Joseph Maes

Director · until 30 novembre 2023

Ended

Joseph Maes

Director

Ended

Joseph Maes

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/02/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/09/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Registered office10/12/2019
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares15/07/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates18/09/2009
ONTSLAGEN - BENOEMINGEN
PDF
Registered office01/03/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL
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 2025-25,1 k €↑
2024
Annual accounts 2024-67,8 k €↓
2023
Annual accounts 2023-55,1 k €↓
2022
Annual accounts 2022180,5 k €↑
2021
Annual accounts 2021-61,1 k €↓
2020
Annual accounts 2020-42,3 k €↓
2019
Annual accounts 2019-2,7 k €↓
2018
Annual accounts 201815,4 k €↑
2017
Annual accounts 20171,4 k €↓
2016
Annual accounts 201615,9 k €↓
2015
Annual accounts 201550,5 k €↑
2014
Annual accounts 201433,1 k €↓
2013
Annual accounts 201343,8 k €↑
2012
Annual accounts 2012-38 k €↓
2011
Annual accounts 201171,3 k €↑
2010
Annual accounts 20108 k €↑
2009
Annual accounts 20092,4 k €↓
2008
Annual accounts 200830,5 k €↑
2007
Annual accounts 2007-3,4 k €
05/12/1994
IncorporationPrivate 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

MAES

Overview

What does MAES 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