ACTIVE

AERTS & MAEX

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Financial year 2025 · closed on 31/12/2025

Net result

-3,2 k €

-136.6% YoY

Gross margin

11,1 k €

-65.3% YoY

Equity

318,1 k €

-1.0% YoY

What does AERTS & MAEX do?

AERTS & MAEX is a Private limited company incorporated in 2000. Its registered office is in Houthalen-Helchteren.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.144.242

Incorporation

22/02/2000

Legal form

Private limited company

Registered office

Rozenstraat 8
3530 Houthalen-Helchteren · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

Solid equityLow riskGood liquidityPositive EBITDA

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Health score

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✦ 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	11,1 k €	-65.3%	32,2 k €	-41.0%	54,5 k €	-55.4%	122,3 k €	-26.7%	166,8 k €	+101%	83 k €	-37.7%	133,3 k €	+17.1%	113,8 k €	-18.7%	140,1 k €	+22.7%	114,2 k €	-17.8%	138,8 k €	+29.7%	107,1 k €	-26.3%	145,2 k €	+14.0%	127,4 k €	+6.1%	120 k €	-11.1%	135 k €	-13.5%	156 k €	+4.3%	149,6 k €	+10.9%	134,9 k €	+1.2%	133,3 k €
EBITDA	6,6 k €	-76.3%	28,1 k €	-18.0%	34,2 k €	-65.3%	98,6 k €	-16.7%	118,3 k €	+188%	41,1 k €	-51.4%	84,5 k €	+26.7%	66,7 k €	-22.1%	85,6 k €	+41.8%	60,4 k €	-25.1%	80,6 k €	+14.6%	70,4 k €	-21.3%	89,5 k €	+18.8%	75,3 k €	+10.4%	68,2 k €	-20.8%	86,2 k €	-20.4%	108,3 k €	+4.1%	104 k €	+13.7%	91,5 k €	-7.3%	98,7 k €
Operating result	3,4 k €	-85.7%	24,1 k €	-13.9%	28 k €	-68.1%	87,7 k €	-1.6%	89,1 k €	+2925%	2,9 k €	-91.8%	36,1 k €	+20.0%	30,1 k €	-35.3%	46,4 k €	+249%	13,3 k €	-67.1%	40,4 k €	+19.0%	34 k €	-33.6%	51,2 k €	+47.2%	34,8 k €	+28.7%	27 k €	-40.3%	45,3 k €	+22.2%	37 k €	+15.5%	32,1 k €	+65.9%	19,3 k €	+2.7%	18,8 k €
Net result	-3,2 k €	-137%	8,8 k €	-6.5%	9,4 k €	-82.0%	52,3 k €	+36.7%	38,3 k €	+614%	-7,4 k €	-148%	15,6 k €	+35.1%	11,5 k €	-55.1%	25,7 k €	+2105%	-1,3 k €	-106%	20,9 k €	+2.1%	20,4 k €	-42.5%	35,5 k €	+127%	15,7 k €	+30.0%	12 k €	-49.6%	23,9 k €	+56.4%	15,3 k €	+49.8%	10,2 k €	+381%	2,1 k €	+4523%	-48 €
Balance sheet
Equity	318,1 k €	-1.0%	321,3 k €	+2.3%	314,2 k €	+2.6%	306,4 k €	+19.8%	255,7 k €	+3.9%	246 k €	-3.5%	255,1 k €	+5.8%	241,1 k €	+4.3%	231,2 k €	+12.5%	205,5 k €	-0.6%	206,8 k €	+8.5%	190,6 k €	+12.0%	170,1 k €	+21.0%	140,6 k €	+25.6%	111,9 k €	+12.1%	99,9 k €	+21.2%	82,4 k €	+22.8%	67,1 k €	+17.9%	56,9 k €	+3.9%	54,8 k €
Total assets	519,2 k €	-3.5%	538,1 k €	-6.3%	574,1 k €	-3.0%	591,7 k €	+11.9%	528,9 k €	+19.1%	444,2 k €	+3.9%	427,3 k €	+6.2%	402,4 k €	-2.4%	412,2 k €	+2.5%	402,1 k €	+1.2%	397,1 k €	+9.5%	362,6 k €	+4.7%	346,5 k €	-12.5%	395,8 k €	-4.2%	413,2 k €	-0.8%	416,4 k €	+7.4%	387,6 k €	-0.1%	388 k €	-5.1%	408,8 k €	-10.9%	459 k €
Cash	359,4 k €	+201%	119,5 k €	-76.5%	508,3 k €	-5.4%	537,5 k €	+23.4%	435,6 k €	+36.3%	319,5 k €	+14.8%	278,2 k €	+8.2%	257,2 k €	-12.6%	294,3 k €	+13.0%	260,5 k €	+9.1%	238,7 k €	+20.2%	198,5 k €	-9.4%	219,2 k €	-8.2%	238,8 k €	+8.4%	220,3 k €	+21.0%	182,1 k €	+28.7%	141,5 k €	+62.2%	87,3 k €	+58.4%	55,1 k €	+43.2%	38,5 k €
Debts	201,1 k €	-7.3%	216,8 k €	-16.6%	259,9 k €	-8.9%	285,3 k €	+4.4%	273,2 k €	+37.9%	198,1 k €	+15.1%	172,2 k €	+6.8%	161,2 k €	-10.9%	181 k €	-7.9%	196,6 k €	+3.3%	190,3 k €	+10.6%	172,1 k €	-2.4%	176,3 k €	-30.9%	255,2 k €	-15.3%	301,2 k €	-4.8%	316,5 k €	+3.7%	305,2 k €	-4.9%	320,9 k €	-8.8%	351,9 k €	-12.9%	404,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,0 ETP	-23.1%	1,3 ETP	+30.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 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 31/12/2025 · 2 active · 2 ended

Active mandates

Christiane Maex

Director

Active

Guido Aerts

Director

Active

Ended mandates

Christiane Maex

Manager

Ended

Guido Aerts

Manager

Ended

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	02/09/2026	28/08/2025	30/08/2024	31/08/2023	31/08/2022	31/08/2021
General meeting	27/03/2026	28/03/2025	29/03/2024	31/03/2023	25/03/2022	26/03/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	27/03/2026	02/09/2026	Dutch	PDF
Micro model	31/12/2024	28/03/2025	28/08/2025	Dutch	PDF
Micro model	31/12/2023	29/03/2024	30/08/2024	Dutch	PDF
Micro model	31/12/2022	31/03/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	25/03/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	26/03/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	20/03/2020	06/10/2020	Dutch	PDF
Micro model	31/12/2018	29/03/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	30/03/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	31/03/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	25/03/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	27/03/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	28/03/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	29/03/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	30/03/2012	24/08/2012	Dutch	PDF
Abridged model	31/12/2010	25/03/2011	22/07/2011	Dutch	PDF
Abridged model	31/12/2009	26/03/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	27/03/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	28/03/2008	27/06/2008	Dutch	PDF
Abridged model	31/12/2006	30/03/2007	21/06/2007	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 31/12/2025 · 2 active · 2 ended

Active mandates

Christiane Maex

Director

Active

Guido Aerts

Director

Active

Ended mandates

Christiane Maex

Manager

Ended

Guido Aerts

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/05/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - 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 2025-3,2 k €↓
2024
Annual accounts 20248,8 k €↓
2023
Annual accounts 20239,4 k €↓
2022
Annual accounts 202252,3 k €↑
2021
Annual accounts 202138,3 k €↑
2020
Annual accounts 2020-7,4 k €↓
2019
Annual accounts 201915,6 k €↑
2018
Annual accounts 201811,5 k €↓
2017
Annual accounts 201725,7 k €↑
2016
Annual accounts 2016-1,3 k €↓
2015
Annual accounts 201520,9 k €↑
2014
Annual accounts 201420,4 k €↓
2013
Annual accounts 201335,5 k €↑
2012
Annual accounts 201215,7 k €↑
2011
Annual accounts 201112 k €↓
2010
Annual accounts 201023,9 k €↑
2009
Annual accounts 200915,3 k €↑
2008
Annual accounts 200810,2 k €↑
2007
Annual accounts 20072,1 k €↑
2006
Annual accounts 2006-48 €
22/02/2000
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

AERTS & MAEX

Overview

What does AERTS & MAEX do?

Trend over 20 financial years

Indicative valuation

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