NORMAL SITUATION

MABEX

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Financial year 2025 · closed on 30/06/2025

Net result

5,3 k €

+43.1% YoY

Gross margin

-1,6 k €

-1.4% YoY

Equity

3 M €

+0.2% YoY

Company — Normal situation.

What does MABEX do?

MABEX is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0457.075.282

Legal form

Private limited company

Contributed capital

18 550,00 €

Latest accounts

30/06/2025

Signals

ProfitableSolid equityGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-1,6 k €	-1.4%	-1,5 k €	+52.5%	-3,2 k €	+52.9%	-6,8 k €	-108%	81,6 k €	-9.2%	89,9 k €	+1.2%	88,8 k €	-52.6%	187,3 k €	+1.8%	184,1 k €	-1.0%	186 k €	+3.3%	180 k €	+3.6%	173,7 k €	+3.4%	168 k €	+0.9%	166,5 k €	+0.5%	165,7 k €	+7.5%	154,2 k €
EBITDA	-2,7 k €	+2.8%	-2,8 k €	+35.1%	-4,3 k €	+45.2%	-7,9 k €	-111%	72,2 k €	-18.7%	88,8 k €	+1.2%	87,8 k €	-52.9%	186,2 k €	+1.7%	183 k €	-1.1%	185 k €	+3.3%	179,1 k €	+3.6%	172,8 k €	+3.4%	167,1 k €	+0.9%	165,6 k €	+0.5%	164,8 k €	+7.5%	153,3 k €
Operating result	-2,7 k €	+2.8%	-2,8 k €	+35.1%	-4,3 k €	+45.2%	-7,9 k €	-111%	72,2 k €	-18.7%	88,8 k €	+1.2%	87,8 k €	-52.9%	186,2 k €	+1.7%	183 k €	-1.1%	185 k €	+3.3%	179,1 k €	+3.6%	172,8 k €	+3.4%	167,1 k €	+0.9%	165,6 k €	+0.5%	164,8 k €	+7.5%	153,3 k €
Net result	5,3 k €	+43.1%	3,7 k €	+35.2%	2,7 k €	+430%	-828,3 €	-100%	192,3 k €	+228%	58,5 k €	+1.6%	57,6 k €	-84.8%	378,6 k €	+55.1%	244,1 k €	+158%	94,8 k €	+8.8%	87,1 k €	+8.0%	80,6 k €	+8.3%	74,5 k €	+15.5%	64,5 k €	+7.8%	59,8 k €	+19.8%	49,9 k €
Balance sheet
Equity	3 M €	+0.2%	3 M €	+0.1%	3 M €	+0.1%	3 M €	+35.3%	2,2 M €	-2.4%	2,3 M €	+2.6%	2,2 M €	+2.7%	2,2 M €	+21.2%	1,8 M €	+15.9%	1,5 M €	+6.6%	1,4 M €	+6.4%	1,4 M €	+6.3%	1,3 M €	+6.2%	1,2 M €	+5.7%	1,1 M €	+5.6%	1,1 M €
Total assets	3,3 M €	+10.4%	3 M €	+0.2%	3 M €	+0.1%	3 M €	+34.4%	2,2 M €	-2.5%	2,3 M €	+2.2%	2,2 M €	-0.1%	2,2 M €	-4.4%	2,4 M €	+3.3%	2,3 M €	+0.1%	2,3 M €	+0.4%	2,3 M €	+1.0%	2,2 M €	-0.1%	2,2 M €	-2.4%	2,3 M €	-2.2%	2,4 M €
Cash	1,3 k €	+41.8%	886,1 €	-76.8%	3,8 k €	-88.5%	33,2 k €	+28.3%	25,8 k €	-65.9%	75,8 k €	+354%	16,7 k €	-41.4%	28,5 k €	-78.3%	131,4 k €	+270%	35,5 k €	-34.1%	53,8 k €	+55.4%	34,7 k €	+49.0%	23,3 k €	+46.5%	15,9 k €	+147%	6,4 k €	-52.6%	13,5 k €
Debts	310,5 k €	+9424%	3,3 k €	+83.3%	1,8 k €	+58.9%	1,1 k €	-93.3%	16,6 k €	-13.5%	19,2 k €	-34.0%	29,1 k €	-56.1%	66,4 k €	-87.7%	539,7 k €	-23.4%	704,6 k €	-11.3%	794 k €	-9.6%	878,5 k €	-9.3%	968,1 k €	-7.4%	1 M €	-10.3%	1,2 M €	-8.7%	1,3 M €

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 7 ended

Active mandates

APOVSK

Director · since 06 juillet 2021 · 0704.738.553

Represented by Vansteenkiste Margaux

Active

Ended mandates

APOVSK

Director · since 06 juillet 2021 · 0704.738.553

Represented by Vansteenkiste MARGAUX

Ended

Katrien Maes

Director · since 02 janvier 2003

Ended

Rik Vansteenkiste

Director · since 20 février 1996

Ended

APOVSK

Director · 0704.738.553

Represented by Margaux VANSTEENKISTE

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged 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	27/10/2025	31/01/2025	19/12/2023	30/12/2022	05/01/2022	30/11/2020
General meeting	25/10/2025	31/12/2024	16/12/2023	10/12/2022	11/12/2021	21/11/2020
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

30 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	25/10/2025	27/10/2025	Dutch	PDF
Abridged model	30/06/2024	31/12/2024	31/01/2025	Dutch	PDF
Abridged model	30/06/2023	16/12/2023	19/12/2023	Dutch	PDF
Abridged model	30/06/2022	10/12/2022	30/12/2022	Dutch	PDF
Abridged model	30/06/2021	11/12/2021	05/01/2022	Dutch	PDF
Abridged model	30/06/2020	21/11/2020	30/11/2020	Dutch	PDF
Abridged model	30/06/2019	20/12/2019	14/01/2020	Dutch	PDF
Abridged model	30/06/2018	17/11/2018	08/01/2019	Dutch	PDF
Abridged model	30/06/2017	08/12/2017	28/12/2017	Dutch	PDF
Abridged model	30/06/2016	19/11/2016	12/12/2016	Dutch	PDF
Abridged model	30/06/2015	21/11/2015	24/11/2015	Dutch	PDF
Abridged model	30/06/2014	15/11/2014	02/12/2014	Dutch	PDF
Abridged model	30/06/2013	16/11/2013	06/01/2014	Dutch	PDF
Abridged model	30/06/2012	17/11/2012	19/12/2012	Dutch	PDF
Abridged model	30/06/2011	19/11/2011	17/02/2012	Dutch	PDF
Abridged model	30/06/2010	20/11/2010	08/12/2010	Dutch	PDF
Abridged model	30/06/2009	21/11/2009	03/12/2009	Dutch	PDF
Abridged model	30/06/2008	15/11/2008	03/12/2008	Dutch	PDF
Abridged model	30/06/2007	17/11/2007	22/11/2007	Dutch	PDF
Abridged modelCorrection	30/06/2006	18/11/2006	25/01/2007	Dutch	PDF
Abridged model	30/06/2006	18/11/2006	28/11/2006	Dutch	PDF
Abridged model	30/06/2005	19/11/2005	30/01/2006	Dutch	PDF
Abridged model	30/06/2004	20/11/2004	29/11/2004	Dutch	PDF
Abridged model	30/06/2003	15/11/2003	15/12/2003	Dutch	PDF

View all 30 filings

Estimate

Indicative valuation

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 · 1 active · 7 ended

Active mandates

APOVSK

Director · since 06 juillet 2021 · 0704.738.553

Represented by Vansteenkiste Margaux

Active

Ended mandates

APOVSK

Director · since 06 juillet 2021 · 0704.738.553

Represented by Vansteenkiste MARGAUX

Ended

Katrien Maes

Director · since 02 janvier 2003

Ended

Rik Vansteenkiste

Director · since 20 février 1996

Ended

APOVSK

Director · 0704.738.553

Represented by Margaux VANSTEENKISTE

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring23/02/2026
VERRICHTING GELIJKGESTELD MET EEN FUSIE DOOR OVERNEMING
PDF
Restructuring21/11/2025
FUSIEVOORSTEL waarvan de tekst luidt als volgt
PDF
Mandates21/03/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates02/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/02/2018
KAPITAAL - AANDELEN
PDF
Registered office07/07/2003
MAATSCHAPPELIJKE ZETEL
PDF
Mandates07/07/2003
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 20255,3 k €↑
2024
Annual accounts 20243,7 k €↑
2023
Annual accounts 20232,7 k €↑
2022
Annual accounts 2022-828,3 €↓
2018
Annual accounts 2018192,3 k €↑
2017
Annual accounts 201758,5 k €↑
2016
Annual accounts 201657,6 k €↓
2015
Annual accounts 2015378,6 k €↑
2014
Annual accounts 2014244,1 k €↑
2013
Annual accounts 201394,8 k €↑
2012
Annual accounts 201287,1 k €↑
2011
Annual accounts 201180,6 k €↑
2010
Annual accounts 201074,5 k €↑
2009
Annual accounts 200964,5 k €↑
2008
Annual accounts 200859,8 k €↑
2007
Annual accounts 200749,9 k €

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

MABEX

Overview

What does MABEX do?

Trend over 16 financial years

Board of directors

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