MAUPAS
0472.989.222 · rovalta.com · 22/09/2026
ACTIVE
MAUPAS
Financial year 2025 · closed on 30/06/2025
Net result
35 k €
-55.0% YoY
Gross margin
67,1 k €
-43.5% YoY
Equity
432,1 k €
-0.7% YoY
Overview
What does MAUPAS do?
MAUPAS is a Private limited company incorporated in 2000. Its main activity is: Air transport. Its registered office is in Hamme (Vl.).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0472.989.222
Incorporation
09/10/2000
Legal form
Private limited company
Registered office
Killestraat 15
9220 Hamme (Vl.) · FlandreSee on map
9220 Hamme (Vl.) · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
30/06/2025
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 67,1 k € | -43.5% | 118,9 k € | -2.8% | 122,3 k € | +45.0% | 84,4 k € | -7.9% | 91,7 k € | -16.8% | 110,2 k € | +42.4% | 77,4 k € | +41.1% | 54,8 k € | +14.3% | 48 k € | -9.0% | 52,7 k € | -42.4% | 91,6 k € | +27.6% | 71,7 k € | +122% | 32,3 k € | +195% | 11 k € | -78.7% | 51,5 k € | -24.5% | 68,2 k € | -2.2% | 69,7 k € | +14.0% | 61,2 k € |
| EBITDA | 59,2 k € | -47.8% | 113,4 k € | -2.4% | 116,3 k € | +51.7% | 76,6 k € | -14.7% | 89,8 k € | -15.6% | 106,5 k € | +45.6% | 73,1 k € | +38.1% | 53 k € | +24.5% | 42,5 k € | -8.0% | 46,2 k € | -46.4% | 86,3 k € | +25.5% | 68,8 k € | +153% | 27,2 k € | +240% | 8 k € | -83.9% | 49,7 k € | -25.0% | 66,3 k € | -3.0% | 68,3 k € | +14.7% | 59,5 k € |
| Operating result | 58,4 k € | -48.2% | 112,6 k € | +2.0% | 110,4 k € | +47.8% | 74,7 k € | -15.7% | 88,6 k € | -15.6% | 105 k € | +48.2% | 70,8 k € | +39.7% | 50,7 k € | +76.6% | 28,7 k € | +40.6% | 20,4 k € | -71.5% | 71,7 k € | +32.8% | 54 k € | +328% | 12,6 k € | +130% | 5,5 k € | -85.5% | 38 k € | -13.2% | 43,8 k € | -5.2% | 46,2 k € | +34.4% | 34,3 k € |
| Net result | 35 k € | -55.0% | 77,7 k € | +11.2% | 69,9 k € | +55.3% | 45 k € | -20.9% | 56,9 k € | -30.7% | 82 k € | +90.5% | 43 k € | +38.0% | 31,2 k € | +140% | 13 k € | +883% | -1,7 k € | -104% | 42,8 k € | +72.5% | 24,8 k € | +799% | -3,6 k € | +71.7% | -12,6 k € | -197% | 13 k € | -48.8% | 25,3 k € | -20.1% | 31,7 k € | +25.7% | 25,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 432,1 k € | -0.7% | 435,2 k € | +21.7% | 357,5 k € | +8.1% | 330,6 k € | +15.7% | 285,7 k € | +24.9% | 228,8 k € | +29.4% | 176,8 k € | +9.3% | 161,7 k € | +7.4% | 150,5 k € | +9.4% | 137,6 k € | -1.2% | 139,2 k € | +23.9% | 112,4 k € | +17.6% | 95,5 k € | -3.6% | 99,1 k € | -11.2% | 111,6 k € | +5.1% | 106,2 k € | +9.0% | 97,4 k € | +18.3% | 82,4 k € |
| Total assets | 465,1 k € | -6.5% | 497,4 k € | +18.7% | 419 k € | +4.6% | 400,6 k € | +4.3% | 384,1 k € | +0.7% | 381,5 k € | -5.2% | 402,5 k € | +1.5% | 396,7 k € | -5.4% | 419,6 k € | -19.1% | 518,6 k € | -0.3% | 519,9 k € | +5.2% | 494 k € | +2.2% | 483,5 k € | -4.7% | 507,3 k € | +0.3% | 505,8 k € | -10.1% | 562,3 k € | +12.5% | 499,8 k € | +94.1% | 257,5 k € |
| Cash | 22,5 k € | +142% | 9,3 k € | -48.2% | 17,9 k € | +7695% | 230 € | +198% | 77,1 € | -72.1% | 276,4 € | +263% | 76,1 € | -97.3% | 2,8 k € | -70.2% | 9,5 k € | +694% | 1,2 k € | +25.3% | 956 € | +671% | 124 € | -74.3% | 482 € | -79.1% | 2,3 k € | +213% | 739 € | +1845% | 38 € | -98.5% | 2,6 k € | +922% | 256 € |
| Debts | 32,4 k € | -48.0% | 62,3 k € | +1.3% | 61,5 k € | -12.1% | 69,9 k € | -24.6% | 92,8 k € | -37.9% | 149,4 k € | -32.7% | 221,9 k € | -3.7% | 230,4 k € | -13.2% | 265,4 k € | -9.9% | 294,6 k € | -21.3% | 374,4 k € | +0.0% | 374,4 k € | -2.5% | 383,9 k € | -4.8% | 403,2 k € | +2.7% | 392,4 k € | -13.7% | 454,8 k € | +13.4% | 400,9 k € | +133% | 172,4 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/06/2025 · 1 active · 4 ended
Active mandates
Maurice Vander Linden
ActiveEnded mandates
MAURICE VAN DER LINDEN
EndedPASCALE PEELMAN
EndedPASCALE PEELMAN
EndedMAURICE VANDER LINDEN
EndedFinancials
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 | 01/07/2024 | 01/07/2023 | 01/07/2022 | 01/07/2021 | 01/07/2020 | 01/07/2019 |
| Closing of the financial year | 30/06/2025 | 30/06/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 | 30/06/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 09/12/2025 | 06/01/2025 | 29/01/2024 | 30/01/2023 | 30/12/2021 | 15/12/2020 |
| General meeting | 03/12/2025 | 13/12/2024 | 30/12/2023 | 31/12/2022 | 10/09/2021 | 11/12/2020 |
| 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 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/06/2025 | 03/12/2025 | 09/12/2025 | Dutch | |
| Micro model | 30/06/2024 | 13/12/2024 | 06/01/2025 | Dutch | |
| Micro model | 30/06/2023 | 30/12/2023 | 29/01/2024 | Dutch | |
| Micro model | 30/06/2022 | 31/12/2022 | 30/01/2023 | Dutch | |
| Micro model | 30/06/2021 | 10/09/2021 | 30/12/2021 | Dutch | |
| Micro model | 30/06/2020 | 11/12/2020 | 15/12/2020 | Dutch | |
| Micro model | 30/06/2019 | 06/12/2019 | 24/12/2019 | Dutch | |
| Micro model | 30/06/2018 | 07/12/2018 | 10/12/2018 | Dutch | |
| Micro model | 30/06/2017 | 08/12/2017 | 14/12/2017 | Dutch | |
| Abridged model | 30/06/2016 | 09/12/2016 | 15/12/2016 | Dutch | |
| Abridged model | 30/09/2014 | 23/02/2015 | 25/02/2015 | Dutch | |
| Abridged model | 30/09/2013 | 24/02/2014 | 28/02/2014 | Dutch | |
| Abridged model | 30/09/2012 | 25/02/2013 | 18/03/2013 | Dutch | |
| Abridged model | 30/09/2011 | 27/02/2012 | 13/03/2012 | Dutch | |
| Abridged model | 30/09/2010 | 28/03/2011 | 27/04/2011 | Dutch | |
| Abridged model | 30/09/2009 | 22/02/2010 | 01/03/2010 | Dutch | |
| Abridged model | 30/09/2008 | 23/02/2009 | 27/02/2009 | Dutch | |
| Abridged model | 30/09/2007 | 25/02/2008 | 03/03/2008 | Dutch | |
| Abridged model | 30/09/2006 | 26/02/2007 | 13/03/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/06/2025 · 1 active · 4 ended
Active mandates
Maurice Vander Linden
ActiveEnded mandates
MAURICE VAN DER LINDEN
EndedPASCALE PEELMAN
EndedPASCALE PEELMAN
EndedMAURICE VANDER LINDEN
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202535 k €↓
- 2024Annual accounts 202477,7 k €↑
- 2023Annual accounts 202369,9 k €↑
- 2022Annual accounts 202245 k €↓
- 2021Annual accounts 202156,9 k €↓
- 2020Annual accounts 202082 k €↑
- 2019Annual accounts 201943 k €↑
- 2018Annual accounts 201831,2 k €↑
- 2017Annual accounts 201713 k €↑
- 2016Annual accounts 2016-1,7 k €↓
- 2014Annual accounts 201442,8 k €↑
- 2013Annual accounts 201324,8 k €↑
- 2012Annual accounts 2012-3,6 k €↑
- 2011Annual accounts 2011-12,6 k €↓
- 2010Annual accounts 201013 k €↓
- 2009Annual accounts 200925,3 k €↓
- 2008Annual accounts 200831,7 k €↑
- 2007Annual accounts 200725,2 k €
- 09/10/2000IncorporationPrivate limited company