ACTIVE

MALDOY

Export PDF

Financial year 2025 · closed on 31/03/2025

Net result

62,1 k €

+83.2% YoY

Gross margin

1,3 M €

+2.8% YoY

Equity

3,8 M €

+1.6% YoY

Workforce

17,9 ETP

-6.3% YoY

What does MALDOY do?

MALDOY is a Public limited company incorporated in 1996. Its registered office is in Sint-Katelijne-Waver. It employs on average 17,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0457.893.448

Incorporation

26/04/1996

Legal form

Public limited company

Registered office

Dreefvelden 15
2860 Sint-Katelijne-Waver · FlandreSee on map

Contributed capital

86 762,73 €

Latest accounts

31/03/2025

Average workforce

17,9 ETP

Joint committees (5)

124
149
14904
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2008
Income statement
Gross margin	1,3 M €	+2.8%	1,3 M €	-0.7%	1,3 M €	-21.7%	1,6 M €	-22.8%	2,1 M €	+66.0%	1,3 M €	+1.4%	1,3 M €	-3.5%	1,3 M €	-48.8%	2,6 M €	+146%	1 M €	+16.1%	892 k €	+1.3%	881 k €	-5.9%	936,1 k €	+25.5%	745,8 k €	+24.7%	598,2 k €	-35.0%	919,8 k €	+93.6%	475 k €
EBITDA	200,5 k €	+5.3%	190,4 k €	-31.1%	276,3 k €	-53.0%	588,1 k €	-43.7%	1 M €	+122%	471,7 k €	+10.8%	425,8 k €	-6.1%	453,5 k €	-71.3%	1,6 M €	+787%	-230,3 k €	-271%	134,5 k €	-15.4%	158,9 k €	-33.8%	240,2 k €	+219%	75,4 k €	+645%	10,1 k €	-94.4%	182 k €	+60.3%	113,5 k €
Operating result	137,2 k €	+48.6%	92,3 k €	-22.2%	118,7 k €	-72.5%	432 k €	-1.7%	439,6 k €	+19.4%	368,2 k €	+7.0%	344,1 k €	-7.5%	372,2 k €	-74.7%	1,5 M €	+537%	-336,9 k €	-2452%	14,3 k €	-79.0%	68,3 k €	-52.2%	142,9 k €	+1688%	-9 k €	+88.4%	-77,3 k €	-165%	118,6 k €	+90.8%	62,2 k €
Net result	62,1 k €	+83.2%	33,9 k €	-50.1%	68 k €	-78.8%	320,5 k €	-6.6%	343,3 k €	+31.3%	261,5 k €	+2.7%	254,6 k €	-0.1%	254,7 k €	-76.1%	1,1 M €	+447%	-307,5 k €	-1279%	26,1 k €	-53.4%	55,9 k €	-47.7%	107 k €	+784%	-15,6 k €	+88.0%	-130,5 k €	-389%	45,2 k €	+212%	14,5 k €
Balance sheet
Equity	3,8 M €	+1.6%	3,8 M €	+0.9%	3,7 M €	+1.9%	3,7 M €	+9.6%	3,3 M €	+48.8%	2,3 M €	+13.1%	2 M €	+14.7%	1,7 M €	+17.2%	1,5 M €	+258%	413 k €	-42.7%	720,5 k €	+3.8%	694,5 k €	+8.8%	638,5 k €	+20.1%	531,5 k €	-2.9%	547,1 k €	-19.3%	677,6 k €	+7.1%	632,4 k €
Total assets	6,3 M €	+3.4%	6 M €	-1.4%	6,1 M €	+6.6%	5,8 M €	-1.8%	5,9 M €	+26.8%	4,6 M €	-0.7%	4,7 M €	+12.8%	4,1 M €	+7.1%	3,9 M €	+62.9%	2,4 M €	+14.1%	2,1 M €	+5.4%	2 M €	-9.9%	2,2 M €	-8.8%	2,4 M €	+8.2%	2,2 M €	+44.9%	1,5 M €	-3.7%	1,6 M €
Cash	326,6 k €	+108%	157 k €	-17.8%	191 k €	-12.0%	216,9 k €	-27.1%	297,5 k €	+215%	94,4 k €	-39.8%	156,8 k €	+13.4%	138,3 k €	-9.7%	153,1 k €	+171%	56,5 k €	-48.7%	110,2 k €	+167%	41,3 k €	-32.1%	60,8 k €	-48.6%	118,3 k €	+50.0%	78,8 k €	+68.2%	46,9 k €	+27.4%	36,8 k €
Debts	2,4 M €	+6.3%	2,3 M €	-4.9%	2,4 M €	+14.9%	2,1 M €	-16.9%	2,5 M €	+6.0%	2,4 M €	-11.1%	2,7 M €	+11.5%	2,4 M €	+0.7%	2,4 M €	+21.6%	2 M €	+45.9%	1,3 M €	+5.1%	1,3 M €	-15.6%	1,5 M €	-19.0%	1,9 M €	+11.8%	1,7 M €	+96.2%	848,5 k €	-10.9%	952,3 k €
Other
Workforce	17,9 ETP	-6.3%	19,1 ETP	-0.5%	19,2 ETP	-7.2%	20,7 ETP	-7.6%	22,4 ETP	+32.5%	16,9 ETP	+0.6%	16,8 ETP	-1.2%	17,0 ETP	-0.6%	17,1 ETP	+6.2%	16,1 ETP	+3.9%	15,5 ETP	-2.5%	15,9 ETP	+10.4%	14,4 ETP	-5.3%	15,2 ETP	+15.2%	13,2 ETP	+18.9%	11,1 ETP	+42.3%	7,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 18 ended

Active mandates

ELCEMA

Managing director · since 30 juin 2023 · 0419.817.285

Represented by Martine Agnes Verworst

Active

Ended mandates

ELCEMA

Director · since 30 juin 2023 · until 29 juin 2029 · 0419.817.285

Represented by Martine Agnes Verworst

Ended

ELCEMA

Director · since 30 juin 2023 · 0419.817.285

Ended

CEDRIC MALDOY

Director · since 28 novembre 2019 · until 28 novembre 2025

Ended

ELINE MALDOY

Director · since 01 juillet 2018 · until 30 juin 2024

Ended

At this address

Other companies at this address

Company	CBE no.
ELCEMA● Active	0419.817.285
JMEC-BTWE● Active	0841.120.751
J.M.I.● Active	0446.090.627

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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/09/2025	26/09/2024	27/09/2023	29/09/2022	05/10/2021	10/08/2020
General meeting	06/09/2025	07/09/2024	02/09/2023	03/09/2022	24/09/2021	04/08/2020
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 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	06/09/2025	24/09/2025	Dutch	PDF
Abridged model	31/03/2024	07/09/2024	26/09/2024	Dutch	PDF
Abridged model	31/03/2023	02/09/2023	27/09/2023	Dutch	PDF
Abridged model	31/03/2022	03/09/2022	29/09/2022	Dutch	PDF
Abridged model	31/03/2021	24/09/2021	05/10/2021	Dutch	PDF
Abridged model	31/03/2020	04/08/2020	10/08/2020	Dutch	PDF
Abridged model	31/03/2019	07/09/2019	03/10/2019	Dutch	PDF
Abridged model	31/03/2018	01/09/2018	21/09/2018	Dutch	PDF
Abridged model	31/03/2017	15/09/2017	21/09/2017	Dutch	PDF
Abridged model	31/03/2016	15/07/2016	28/07/2016	Dutch	PDF
Abridged model	31/03/2015	01/07/2015	16/07/2015	Dutch	PDF
Abridged model	31/03/2014	21/08/2014	26/08/2014	Dutch	PDF
Abridged model	31/03/2013	03/08/2013	08/08/2013	Dutch	PDF
Abridged model	31/03/2012	29/09/2012	07/11/2012	Dutch	PDF
Abridged model	31/03/2011	03/09/2011	14/10/2011	Dutch	PDF
Abridged model	31/03/2010	04/09/2010	29/09/2010	Dutch	PDF
Abridged model	30/09/2008	07/03/2009	23/03/2009	Dutch	PDF
Abridged model	30/09/2007	01/03/2008	31/03/2008	Dutch	PDF
Abridged model	30/09/2006	03/03/2007	21/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/03/2025 · 1 active · 18 ended

Active mandates

ELCEMA

Managing director · since 30 juin 2023 · 0419.817.285

Represented by Martine Agnes Verworst

Active

Ended mandates

ELCEMA

Director · since 30 juin 2023 · until 29 juin 2029 · 0419.817.285

Represented by Martine Agnes Verworst

Ended

ELCEMA

Director · since 30 juin 2023 · 0419.817.285

Ended

CEDRIC MALDOY

Director · since 28 novembre 2019 · until 28 novembre 2025

Ended

ELINE MALDOY

Director · since 01 juillet 2018 · until 30 juin 2024

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring28/10/2020
ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring07/07/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates17/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring12/02/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates18/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/06/2018
MAATSCHAPPELIJKE ZETEL - 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 202562,1 k €↑
2024
Annual accounts 202433,9 k €↓
2024
Name changeMaldoy
2023
Annual accounts 202368 k €↓
2022
Annual accounts 2022320,5 k €↓
2022
Name changeJemal
2021
Annual accounts 2021343,3 k €↑
2020
Annual accounts 2020261,5 k €↑
2019
Annual accounts 2019254,6 k €↓
2018
Annual accounts 2018254,7 k €↓
2017
Annual accounts 20171,1 M €↑
2016
Annual accounts 2016-307,5 k €↓
2015
Annual accounts 201526,1 k €↓
2014
Annual accounts 201455,9 k €↓
2013
Annual accounts 2013107 k €↑
2012
Annual accounts 2012-15,6 k €↑
2011
Annual accounts 2011-130,5 k €↓
2010
Annual accounts 201045,2 k €↑
2008
Annual accounts 200814,5 k €
26/04/1996
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

MALDOY

Overview

What does MALDOY do?

Trend over 17 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