ACTIVE

MAX & BO

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Financial year 2025 · closed on 31/12/2025

Net result

116,4 k €

+44.7% YoY

Gross margin

460,1 k €

+16.2% YoY

Equity

1,9 M €

-1.5% YoY

Workforce

1,4 ETP

+55.6% YoY

What does MAX & BO do?

MAX & BO is a Private limited company incorporated in 1998. Its main activity is: Manufacture of made-up textile articles, except apparel. Its registered office is in Tielt. It employs on average 1,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0463.155.006

Incorporation

14/04/1998

Legal form

Private limited company

Registered office

Kanegemstraat 29
8700 Tielt · FlandreSee on map

Contributed capital

6 205,32 €

Latest accounts

31/12/2025

Average workforce

1,4 ETP

Activities (NACE)

13929Manufacture of made-up textile articles, except apparel· main 13929Manufacture of made-up textile articles, except apparel 70200Management consultancy activities 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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		2021		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	460,1 k €	+16.2%	396,1 k €	-29.6%	562,4 k €	+4.2%	539,9 k €	+69.7%	318,1 k €	+2.6%	309,9 k €	-3.4%	320,7 k €	+108%	154,3 k €	+6.5%	144,9 k €	-18.1%	176,9 k €	-11.6%	200,1 k €	-13.2%	230,5 k €	+13.6%	202,8 k €	-26.4%	275,6 k €	-33.6%	415 k €	+9.8%	377,8 k €
EBITDA	351,5 k €	+13.6%	309,5 k €	-32.7%	459,8 k €	+5.8%	434,6 k €	+86.2%	233,3 k €	-18.3%	285,4 k €	+31.0%	217,9 k €	+66.3%	131,1 k €	+7.9%	121,5 k €	-22.5%	156,6 k €	-12.5%	179 k €	-15.0%	210,5 k €	+14.1%	184,4 k €	-28.1%	256,4 k €	-34.1%	389,2 k €	+6.8%	364,6 k €
Operating result	121,4 k €	+37.8%	88,1 k €	-63.6%	241,8 k €	+21.7%	198,7 k €	+500%	33,1 k €	-82.3%	186,8 k €	+49.9%	124,6 k €	+108%	59,8 k €	+23.4%	48,5 k €	-40.4%	81,3 k €	-27.2%	111,8 k €	-24.7%	148,5 k €	+18.4%	125,4 k €	-36.4%	197,2 k €	-40.3%	330,3 k €	+8.7%	303,8 k €
Net result	116,4 k €	+44.7%	80,4 k €	-55.2%	179,4 k €	+52.0%	118 k €	+181%	42 k €	-68.0%	131,2 k €	+75.2%	74,9 k €	+148%	30,2 k €	+100%	15,1 k €	-61.2%	38,8 k €	-17.0%	46,8 k €	-23.8%	61,4 k €	+57.6%	39 k €	-47.3%	74 k €	-50.7%	150 k €	+41.0%	106,4 k €
Balance sheet
Equity	1,9 M €	-1.5%	1,9 M €	-3.2%	2 M €	+5.0%	1,9 M €	+2.1%	1,8 M €	+5.2%	1,8 M €	+7.3%	1,6 M €	+18.1%	1,4 M €	+2.2%	1,4 M €	+1.1%	1,3 M €	+3.0%	1,3 M €	+3.7%	1,3 M €	+5.1%	1,2 M €	+3.4%	1,2 M €	+6.8%	1,1 M €	+16.1%	931,9 k €
Total assets	3,2 M €	+15.6%	2,8 M €	+8.4%	2,6 M €	+1.7%	2,5 M €	-3.2%	2,6 M €	+12.9%	2,3 M €	-1.2%	2,3 M €	+19.6%	2 M €	-3.8%	2 M €	-8.8%	2,2 M €	-7.7%	2,4 M €	-7.6%	2,6 M €	-5.4%	2,8 M €	-7.6%	3 M €	-4.9%	3,2 M €	-9.3%	3,5 M €
Cash	388,7 k €	+568%	58,2 k €	-82.2%	327,7 k €	+79.3%	182,8 k €	+21.8%	150,1 k €	-64.1%	418,1 k €	-45.5%	767,8 k €	+728%	92,7 k €	+739%	11,1 k €	-96.6%	327,1 k €	+1818%	17,1 k €	-90.7%	183,5 k €	+1970%	8,9 k €	+411%	1,7 k €	-70.8%	5,9 k €	-35.8%	9,3 k €
Debts	1,3 M €	+54.0%	870,8 k €	+48.6%	586 k €	-7.4%	632,4 k €	-15.6%	749,5 k €	+43.5%	522,2 k €	-21.4%	664,3 k €	+17.1%	567,3 k €	-16.0%	675 k €	-24.0%	888,3 k €	-20.3%	1,1 M €	-18.6%	1,4 M €	-13.4%	1,6 M €	-14.2%	1,8 M €	-11.4%	2,1 M €	-18.5%	2,6 M €
Other
Workforce	1,4 ETP	+55.6%	0,9 ETP	-40.0%	1,5 ETP	0.0%	1,5 ETP	+25.0%	1,2 ETP		–		–		–		–		–		–		–		–		–		–		–

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 31/12/2025 · 2 active · 3 ended

Active mandates

Hilde Willems

Director

Active

Philippe Lampe

Director

Active

Ended mandates

Philippe Lampe

Director · since 01 mars 2023

Ended

Hilde Willems

Manager · since 31 mars 1998

Ended

Hilde Willems

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
LAMPE TEXTILES● Active	0434.792.107
MBLAM● Active	0700.539.344
Space Cadet● Active	1005.454.290

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	01/01/2025	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	15/06/2026	03/07/2025	07/06/2024	17/07/2023	18/07/2022	15/07/2021
General meeting	05/06/2026	30/06/2025	07/06/2024	30/06/2023	30/06/2022	30/06/2021
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

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Filings

Annual accounts filings

27 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	15/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	03/07/2025	Dutch	PDF
Abridged model	31/12/2023	07/06/2024	07/06/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	17/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	18/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	15/07/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	27/06/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	06/06/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	23/06/2017	Dutch	PDF
Abridged model	31/05/2015	20/11/2015	24/11/2015	Dutch	PDF
Abridged model	31/05/2014	21/11/2014	24/11/2014	Dutch	PDF
Abridged model	31/05/2013	15/11/2013	18/11/2013	Dutch	PDF
Abridged model	31/05/2012	16/11/2012	19/11/2012	Dutch	PDF
Abridged model	31/05/2011	18/11/2011	29/11/2011	Dutch	PDF
Abridged model	31/05/2010	19/11/2010	24/11/2010	Dutch	PDF
Abridged model	31/05/2009	20/11/2009	01/12/2009	Dutch	PDF
Abridged model	31/05/2008	21/11/2008	02/12/2008	Dutch	PDF
Abridged model	31/05/2007	16/11/2007	27/11/2007	Dutch	PDF
Abridged model	31/05/2006	17/11/2006	29/11/2006	Dutch	PDF
Abridged model	31/05/2005	18/11/2005	25/11/2005	Dutch	PDF
Abridged model	31/05/2004	19/11/2004	29/11/2004	Dutch	PDF
Abridged model	31/05/2003	21/11/2003	28/11/2003	Dutch	PDF
Abridged model	31/05/2002	15/11/2002	22/11/2002	Dutch	PDF

View all 27 filings

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 31/12/2025 · 2 active · 3 ended

Active mandates

Hilde Willems

Director

Active

Philippe Lampe

Director

Active

Ended mandates

Philippe Lampe

Director · since 01 mars 2023

Ended

Hilde Willems

Manager · since 31 mars 1998

Ended

Hilde Willems

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/03/2023
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Other22/01/2016
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025116,4 k €↑
2024
Annual accounts 202480,4 k €↓
2023
Annual accounts 2023179,4 k €↑
2022
Annual accounts 2022118 k €↑
2021
Annual accounts 202142 k €↓
2018
Annual accounts 2018131,2 k €↑
2017
Annual accounts 201774,9 k €↑
2015
Annual accounts 201530,2 k €↑
2014
Annual accounts 201415,1 k €↓
2013
Annual accounts 201338,8 k €↓
2012
Annual accounts 201246,8 k €↓
2011
Annual accounts 201161,4 k €↑
2010
Annual accounts 201039 k €↓
2009
Annual accounts 200974 k €↓
2008
Annual accounts 2008150 k €↑
2007
Annual accounts 2007106,4 k €
14/04/1998
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

MAX & BO

Overview

What does MAX & BO do?

Trend over 16 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