ACTIVE

KAREL MAES

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result66,1 k €+4,2 %over 1 year
Gross margin352,5 k €+3,0 %over 1 year
Equity521 k €+14,5 %over 1 year
Workforce3,6 ETP-2,7 %over 1 year

Identity

Source · BCE/KBO

KAREL MAES is a Private limited company incorporated in 2000. Its main activity is: Joinery installation. Its registered office is in Geel. It employs on average 3,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0471.643.395
Incorporation
11/04/2000
Legal form
Private limited company
Registered office
Bruul 66
2440 Geel · FlandreSee on map
Contributed capital
100 000,02 €
Latest accounts
31/12/2025
Average workforce
3,6 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin352,5 k €342,3 k €418,5 k €397,1 k €385,8 k €
EBITDA122,9 k €118,7 k €157,6 k €113,4 k €113 k €
Operating result89,6 k €85,4 k €115,1 k €65,1 k €61,7 k €
Net result66,1 k €63,5 k €88 k €49,3 k €49,3 k €
Balance sheet
Equity521 k €454,9 k €391,4 k €303,4 k €254,1 k €
Total assets556 k €532,2 k €517,9 k €640,3 k €644,2 k €
Cash275,3 k €230,6 k €213,9 k €218,4 k €239 k €
Debts35 k €77,3 k €126,5 k €336,9 k €389,7 k €
Other
Workforce3,6 ETP3,7 ETP4,3 ETP5,5 ETP6,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Karel Maes

Director · since 01 avril 2000

Active
Leo Maes

Director · since 01 avril 2000

Active

Ended mandates

Karel Maes

Manager · since 01 avril 2000

Ended
LEO MAES

Manager · since 01 avril 2000

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/07/202630/06/202520/06/202429/06/202330/06/202228/06/2021
General meeting05/06/202606/06/202530/05/202402/06/202303/06/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202601/07/2026DutchPDF
Abridged model31/12/202406/06/202530/06/2025DutchPDF
Abridged model31/12/202330/05/202420/06/2024DutchPDF
Abridged model31/12/202202/06/202329/06/2023DutchPDF
Abridged model31/12/202103/06/202230/06/2022DutchPDF
Abridged model31/12/202004/06/202128/06/2021DutchPDF
Abridged model31/12/201905/06/202025/06/2020DutchPDF
Abridged model31/12/201807/06/201901/07/2019DutchPDF
Abridged model31/12/201701/06/201821/06/2018DutchPDF
Micro model31/12/201602/06/201727/06/2017DutchPDF
Abridged model31/12/201503/06/201615/06/2016DutchPDF
Abridged model31/12/201405/06/201509/07/2015DutchPDF
Abridged model31/12/201306/06/201427/06/2014DutchPDF
Abridged model31/12/201207/06/201328/06/2013DutchPDF
Abridged model31/12/201115/06/201212/07/2012DutchPDF
Abridged model31/12/201003/06/201127/06/2011DutchPDF
Abridged model31/12/200904/06/201006/09/2010DutchPDF
Abridged model31/12/200805/06/200920/07/2009DutchPDF
Abridged model31/12/200710/08/200822/08/2008DutchPDF
Abridged model31/12/200610/08/200716/08/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Karel Maes

Director · since 01 avril 2000

Active
Leo Maes

Director · since 01 avril 2000

Active

Ended mandates

Karel Maes

Manager · since 01 avril 2000

Ended
LEO MAES

Manager · since 01 avril 2000

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/01/2024
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Capital / shares04/12/2017
    KAPITAAL - AANDELEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202566,1 k €↑
  2. 2024
    Annual accounts 202463,5 k €↓
  3. 2023
    Annual accounts 202388 k €↑
  4. 2022
    Annual accounts 202249,3 k €↓
  5. 2021
    Annual accounts 202149,3 k €↑
  6. 2020
    Annual accounts 202033,5 k €↓
  7. 2019
    Annual accounts 201957 k €↑
  8. 2018
    Annual accounts 201841,6 k €↑
  9. 2017
    Annual accounts 20178,3 k €↑
  10. 2016
    Annual accounts 2016485 €↓
  11. 2015
    Annual accounts 20151,6 k €↑
  12. 2014
    Annual accounts 20141,1 k €↑
  13. 2013
    Annual accounts 20131,1 k €↑
  14. 2012
    Annual accounts 2012-1,5 k €↑
  15. 2011
    Annual accounts 2011-2,5 k €↓
  16. 2010
    Annual accounts 201010,1 k €↑
  17. 2009
    Annual accounts 20098,4 k €↓
  18. 2008
    Annual accounts 200819 k €↓
  19. 2007
    Annual accounts 200723,9 k €↑
  20. 2006
    Annual accounts 20061,9 k €
  21. 11/04/2000
    IncorporationPrivate limited company