ACTIVE

MA.be

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-26,1 k €

+60.7% YoY

Gross margin

-18,7 k €

+38.8% YoY

Equity

40,8 k €

-39.0% YoY

What does MA.be do?

MA.be is a Public limited company incorporated in 1998. Its main activity is: Manufacture of other general-purpose machinery n.e.c.. Its registered office is in Heist-op-den-Berg.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0463.069.981

Incorporation

06/04/1998

Legal form

Public limited company

Registered office

Industriepark Zone B 4 box 5
2220 Heist-op-den-Berg · FlandreSee on map

Contributed capital

61 973,38 €

Latest accounts

31/12/2025

Activities (NACE)

28299Manufacture of other general-purpose machinery n.e.c.· main 28299Manufacture of other general-purpose machinery n.e.c.29247Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers

Joint committees (4)

106
10602
200
218

Signals

Solid equityGood liquidityHealthy 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 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-18,7 k €	+38.8%	-30,6 k €	-124%	124,9 k €	-12.9%	143,3 k €	-18.2%	175,2 k €	+69.4%	103,4 k €	-32.6%	153,5 k €	+18.3%	129,7 k €	-8.2%	141,3 k €	-15.4%	167 k €	+51.8%	110 k €	-25.8%	148,3 k €	+68.3%	88,1 k €	+336%	-37,3 k €	-564%	-5,6 k €	-115%	38,6 k €	+4.3%	37 k €	-50.7%	75 k €	+345%	-30,7 k €	-450%	-5,6 k €
EBITDA	-19,7 k €	+46.3%	-36,6 k €	-199%	37,1 k €	-32.1%	54,7 k €	-21.5%	69,7 k €	+278%	18,4 k €	-46.7%	34,6 k €	+241%	10,2 k €	-66.7%	30,5 k €	-45.8%	56,3 k €	+2861%	1,9 k €	-95.6%	43,4 k €	+562%	-9,4 k €	+84.0%	-58,6 k €	-873%	-6 k €	-116%	38,2 k €	+4.4%	36,6 k €	-51.0%	74,6 k €	+2027%	3,5 k €	+159%	-6 k €
Operating result	-24,3 k €	+60.3%	-61,3 k €	-1101%	6,1 k €	-67.8%	19 k €	-51.8%	39,4 k €	+439%	7,3 k €	-70.0%	24,4 k €	+320%	5,8 k €	-80.3%	29,4 k €	-38.7%	47,9 k €	+5250%	-930,4 €	-102%	40,5 k €	+396%	-13,7 k €	+77.7%	-61,3 k €	-484%	-10,5 k €	-137%	28,2 k €	+21.5%	23,2 k €	-62.1%	61,2 k €	+710%	-10 k €	+40.7%	-16,9 k €
Net result	-26,1 k €	+60.7%	-66,4 k €	-86775%	76,6 €	-99.4%	12,8 k €	-64.8%	36,5 k €	+883%	3,7 k €	-74.5%	14,5 k €	+191%	5 k €	-79.4%	24,3 k €	-50.1%	48,7 k €	+1616%	-3,2 k €	-108%	38,9 k €	+356%	-15,2 k €	+75.0%	-60,9 k €	-541%	-9,5 k €	-132%	29,2 k €	-68.9%	94 k €	+65.1%	57 k €	+558%	-12,4 k €	+26.8%	-17 k €
Balance sheet
Equity	40,8 k €	-39.0%	66,9 k €	-49.8%	133,3 k €	+0.1%	133,2 k €	+10.7%	120,3 k €	+43.5%	83,8 k €	+4.6%	80,1 k €	+22.1%	65,6 k €	+8.2%	60,6 k €	+66.8%	36,3 k €	+394%	-12,3 k €	-35.1%	-9,1 k €	+81.0%	-48 k €	-46.2%	-32,9 k €	-217%	28 k €	-25.3%	37,5 k €	+352%	8,3 k €	+110%	-85,7 k €	+39.9%	-142,7 k €	-9.6%	-130,2 k €
Total assets	58,8 k €	-53.0%	125 k €	-59.3%	307,2 k €	-8.5%	335,6 k €	-3.6%	348,3 k €	+65.1%	211 k €	-35.5%	327,1 k €	+41.1%	231,8 k €	-9.2%	255,4 k €	+49.3%	171 k €	+22.8%	139,3 k €	-20.7%	175,6 k €	+12.7%	155,8 k €	+48.7%	104,8 k €	-12.9%	120,2 k €	-10.6%	134,5 k €	-38.0%	217 k €	+203%	71,6 k €	-43.8%	127,4 k €	+47.5%	86,4 k €
Cash	–		36 k €		–		4,3 k €	-60.2%	10,8 k €	-51.7%	22,4 k €	-4.4%	23,4 k €	+1435%	1,5 k €	-90.2%	15,6 k €	-36.8%	24,7 k €	+138308%	17,8 €	-99.8%	9,5 k €	+169%	3,5 k €	-51.5%	7,3 k €	+562%	1,1 k €	-93.7%	17,5 k €	+104%	8,6 k €	+351%	1,9 k €	-86.7%	14,3 k €	+2901%	476,9 €
Debts	18 k €	-69.1%	58,2 k €	-66.6%	173,9 k €	-14.1%	202,4 k €	-11.2%	228 k €	+79.3%	127,2 k €	-48.5%	246,9 k €	+48.6%	166,2 k €	-14.7%	194,8 k €	+44.6%	134,7 k €	-11.2%	151,6 k €	-17.9%	184,7 k €	-9.4%	203,8 k €	+48.1%	137,6 k €	+49.3%	92,2 k €	-5.0%	97 k €	-53.5%	208,7 k €	+32.7%	157,3 k €	-41.8%	270,1 k €	+48.3%	182,2 k €
Other
Workforce	–		–		–		–		–		–		2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-4.8%	2,1 ETP	+5.0%	2,0 ETP	0.0%	2,0 ETP	+5.3%	1,9 ETP	+533%	0,3 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 31/12/2025 · 1 active · 17 ended

Active mandates

Conchita D.A.

Director · 0736.756.966

Represented by Ludovic Meynckens

Active

Ended mandates

Conchita D.A.

Managing director · since 18 décembre 2019 · 0736.756.966

Represented by Ludo Meynckens

Ended

ELECON

Director · since 18 décembre 2019 · 0727.580.172

Represented by Carl De Ryck

Ended

Ben De Ryck

Director · since 18 mars 2016

Ended

ELEKTRO DERMO

Director · since 11 février 2016 · until 18 mars 2016 · 0449.174.039

Represented by Carl De Ryck

Ended

At this address

Other companies at this address

Company	CBE no.
INTRACIET● Active	0897.040.954

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	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/07/2026	30/09/2025	30/07/2024	05/06/2023	23/02/2022	21/05/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	01/06/2023	18/02/2022	21/05/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	16/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	30/09/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	30/07/2024	Dutch	PDF
Micro model	31/12/2022	01/06/2023	05/06/2023	Dutch	PDF
Micro model	31/12/2021	18/02/2022	23/02/2022	Dutch	PDF
Micro model	31/12/2020	21/05/2021	21/05/2021	Dutch	PDF
Abridged model	31/12/2019	04/06/2020	23/06/2020	Dutch	PDF
Abridged model	31/12/2018	06/06/2019	19/06/2019	Dutch	PDF
Abridged model	31/12/2017	28/06/2018	13/07/2018	Dutch	PDF
Abridged model	31/12/2016	01/06/2017	04/08/2017	Dutch	PDF
Abridged model	31/12/2015	02/06/2016	01/07/2016	Dutch	PDF
Abridged model	31/12/2014	04/06/2015	26/06/2015	Dutch	PDF
Abridged model	31/12/2013	05/06/2014	20/06/2014	Dutch	PDF
Abridged model	31/12/2012	06/06/2013	05/07/2013	Dutch	PDF
Abridged model	31/12/2011	21/06/2012	12/07/2012	Dutch	PDF
Abridged model	31/12/2010	23/06/2011	19/07/2011	Dutch	PDF
Abridged model	31/12/2009	03/06/2010	30/06/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	30/07/2009	Dutch	PDF
Abridged model	31/12/2007	28/06/2008	28/07/2008	Dutch	PDF
Abridged model	31/12/2006	30/07/2007	29/08/2007	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 31/12/2025 · 1 active · 17 ended

Active mandates

Conchita D.A.

Director · 0736.756.966

Represented by Ludovic Meynckens

Active

Ended mandates

Conchita D.A.

Managing director · since 18 décembre 2019 · 0736.756.966

Represented by Ludo Meynckens

Ended

ELECON

Director · since 18 décembre 2019 · 0727.580.172

Represented by Carl De Ryck

Ended

Ben De Ryck

Director · since 18 mars 2016

Ended

ELEKTRO DERMO

Director · since 11 février 2016 · until 18 mars 2016 · 0449.174.039

Represented by Carl De Ryck

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office01/07/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates30/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/06/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/01/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/07/2006
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares19/09/2005
BENAMING - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates02/07/2004
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 2025-26,1 k €↑
2024
Annual accounts 2024-66,4 k €↓
2023
Annual accounts 202376,6 €↓
2022
Annual accounts 202212,8 k €↓
2021
Annual accounts 202136,5 k €↑
2020
Annual accounts 20203,7 k €↓
2019
Annual accounts 201914,5 k €↑
2018
Annual accounts 20185 k €↓
2017
Annual accounts 201724,3 k €↓
2016
Annual accounts 201648,7 k €↑
2015
Annual accounts 2015-3,2 k €↓
2014
Annual accounts 201438,9 k €↑
2013
Annual accounts 2013-15,2 k €↑
2012
Annual accounts 2012-60,9 k €↓
2011
Annual accounts 2011-9,5 k €↓
2010
Annual accounts 201029,2 k €↓
2009
Annual accounts 200994 k €↑
2008
Annual accounts 200857 k €↑
2007
Annual accounts 2007-12,4 k €↑
2006
Annual accounts 2006-17 k €
06/04/1998
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

MA.be

Overview

What does MA.be do?

Trend over 20 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