ACTIVE

MAX MEAT

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Financial year 2025 · closed on 31/12/2025

Net result

238,3 k €

+0.3% YoY

Gross margin

383,5 k €

-0.6% YoY

Equity

1,5 M €

+19.3% YoY

What does MAX MEAT do?

MAX MEAT is a Public limited company incorporated in 2001. Its main activity is: Wholesale of meat and meat products. Its registered office is in Wevelgem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0473.945.265

Incorporation

29/01/2001

Legal form

Public limited company

Registered office

Hugo Verriestlaan 107 box 1
8560 Wevelgem · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

46321Wholesale of meat and meat products· main 46321Wholesale of meat and meat products 51321Air transport 47221Retail sale of meat and meat products in specialised stores 47221Retail sale of meat and meat products in specialised stores 52220Service activities incidental to water transportation

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive 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	383,5 k €	-0.6%	385,9 k €	-17.7%	468,8 k €	+24.4%	376,9 k €	+32.7%	284 k €	+3.6%	274,2 k €	-37.9%	441,9 k €	-11.7%	500,1 k €	+31.9%	379,1 k €	-13.3%	437 k €	+53.0%	285,7 k €	-28.4%	399,2 k €	+6.6%	374,4 k €	-32.2%	552 k €	+113%	258,6 k €	+41.0%	183,4 k €	+39.6%	131,4 k €	+347%	29,4 k €	-73.1%	109,4 k €	+11.7%	97,9 k €
EBITDA	376,9 k €	-0.6%	379 k €	-17.8%	461,3 k €	+24.6%	370,2 k €	+32.1%	280,2 k €	+4.3%	268,7 k €	-38.4%	436 k €	-11.6%	493,2 k €	+31.8%	374,2 k €	-13.7%	433,7 k €	+53.0%	283,5 k €	-28.5%	396,7 k €	+6.8%	371,3 k €	+2.3%	363 k €	+42.4%	255 k €	+41.3%	180,4 k €	+43.7%	125,5 k €	+372%	26,6 k €	-75.1%	106,5 k €	+11.1%	95,9 k €
Operating result	341,6 k €	-0.6%	343,7 k €	-20.6%	432,7 k €	+27.6%	339 k €	+32.6%	255,8 k €	+4.4%	245 k €	-40.4%	410,9 k €	-10.7%	460,2 k €	+30.8%	351,8 k €	-15.3%	415,5 k €	+51.4%	274,4 k €	-29.3%	387,9 k €	+9.0%	356 k €	+5.7%	336,9 k €	+47.5%	228,4 k €	+49.2%	153,1 k €	+54.3%	99,2 k €	+817%	10,8 k €	-89.3%	101,3 k €	+24.7%	81,3 k €
Net result	238,3 k €	+0.3%	237,5 k €	-20.3%	298,2 k €	+35.3%	220,3 k €	+24.7%	176,7 k €	+3.6%	170,5 k €	-42.8%	298,3 k €	-1.9%	304,1 k €	+42.3%	213,7 k €	-8.8%	234,4 k €	+48.3%	158 k €	-35.9%	246,4 k €	+0.7%	244,8 k €	+29.5%	189,1 k €	+19.7%	157,9 k €	+91.8%	82,3 k €	+6.5%	77,4 k €	+207%	25,2 k €	-68.3%	79,5 k €	+30.9%	60,7 k €
Balance sheet
Equity	1,5 M €	+19.3%	1,2 M €	-5.1%	1,3 M €	-27.1%	1,8 M €	-1.4%	1,8 M €	-8.6%	2 M €	-3.7%	2,1 M €	+17.0%	1,8 M €	+20.9%	1,5 M €	-19.9%	1,8 M €	+14.9%	1,6 M €	+11.1%	1,4 M €	+21.0%	1,2 M €	+19.6%	981,4 k €	+23.9%	792,3 k €	+24.9%	634,4 k €	+14.9%	552 k €	+16.3%	474,7 k €	+5.6%	449,4 k €	+21.5%	370 k €
Total assets	1,6 M €	+12.4%	1,5 M €	-23.1%	1,9 M €	-7.9%	2,1 M €	+6.0%	1,9 M €	-16.9%	2,3 M €	+6.8%	2,2 M €	+11.6%	2 M €	-6.8%	2,1 M €	-3.7%	2,2 M €	+33.8%	1,6 M €	+10.0%	1,5 M €	+21.4%	1,2 M €	+7.3%	1,1 M €	-20.3%	1,4 M €	+57.0%	912,8 k €	+39.3%	655,1 k €	+17.6%	557 k €	+8.8%	511,7 k €	+21.7%	420,6 k €
Cash	775,9 k €	+139%	325 k €	-40.8%	549 k €	-31.7%	803,9 k €	+19.5%	672,9 k €	-56.6%	1,5 M €	+74.5%	887,6 k €	-4.6%	930,8 k €	-11.0%	1 M €	-19.5%	1,3 M €	+53.8%	844,5 k €	-10.8%	947,2 k €	+107%	458,4 k €	+5.7%	433,8 k €	-44.1%	775,3 k €	+458%	138,9 k €	-52.6%	292,9 k €	+80.0%	162,8 k €	+153%	64,3 k €	-68.6%	204,8 k €
Debts	172,6 k €	-24.5%	228,6 k €	-62.1%	602,6 k €	+114%	281 k €	+101%	140 k €	-61.9%	367 k €	+161%	140,7 k €	-33.3%	210,9 k €	-68.0%	658,2 k €	+73.6%	379,1 k €	+538%	59,4 k €	-12.9%	68,2 k €	+31.3%	51,9 k €	-67.7%	160,6 k €	-74.9%	640,5 k €	+130%	278,4 k €	+171%	102,8 k €	+25.2%	82,1 k €	+32.5%	61,9 k €	+22.4%	50,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 12 ended

Active mandates

Etienne Roger Luyckx

Managing director · since 27 juin 2020

Active

Frédéric Delmotte

Director · since 27 juin 2020

Active

Jacqueline Jeannine Devos

Director · since 27 juin 2020

Active

Ended mandates

Frédéric Delmotte

Director · since 01 janvier 2015

Ended

Etienne Luyckx

Managing director · since 12 mai 2012 · until 12 mai 2018

Ended

Jacqueline Devos

Director · since 12 mai 2012 · until 12 mai 2018

Ended

Etienne Luyckx

Managing director · since 13 mai 2006 · until 09 mai 2012

Ended

At this address

Other companies at this address

Company	CBE no.
Vereniging van mede-eigenaars Residentie De Pastorie te Wevelgem (Gullegem), Hugo Verriestlaan 107● Active	0680.514.485

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	29/06/2026	25/08/2025	28/08/2024	28/06/2023	27/06/2022	20/07/2021
General meeting	27/06/2026	28/06/2025	29/06/2024	24/06/2023	25/06/2022	26/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/06/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	28/06/2025	25/08/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	28/08/2024	Dutch	PDF
Abridged model	31/12/2022	24/06/2023	28/06/2023	Dutch	PDF
Abridged model	31/12/2021	25/06/2022	27/06/2022	Dutch	PDF
Abridged model	31/12/2020	26/06/2021	20/07/2021	Dutch	PDF
Abridged model	31/12/2019	27/06/2020	29/06/2020	Dutch	PDF
Abridged model	31/12/2018	11/05/2019	02/07/2019	Dutch	PDF
Abridged model	31/12/2017	12/05/2018	05/06/2018	Dutch	PDF
Abridged model	31/12/2016	13/05/2017	12/06/2017	Dutch	PDF
Abridged model	31/12/2015	14/05/2016	24/05/2016	Dutch	PDF
Abridged model	31/12/2014	09/05/2015	08/06/2015	Dutch	PDF
Abridged model	31/12/2013	10/05/2014	20/05/2014	Dutch	PDF
Abridged model	31/12/2012	11/05/2013	05/06/2013	Dutch	PDF
Abridged model	31/12/2011	04/08/2012	08/08/2012	Dutch	PDF
Abridged model	31/12/2010	14/01/2012	17/01/2012	Dutch	PDF
Abridged model	31/12/2009	29/05/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	09/05/2009	11/05/2009	Dutch	PDF
Abridged model	31/12/2007	10/05/2008	27/05/2008	Dutch	PDF
Abridged model	31/12/2006	12/05/2007	23/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 3 active · 12 ended

Active mandates

Etienne Roger Luyckx

Managing director · since 27 juin 2020

Active

Frédéric Delmotte

Director · since 27 juin 2020

Active

Jacqueline Jeannine Devos

Director · since 27 juin 2020

Active

Ended mandates

Frédéric Delmotte

Director · since 01 janvier 2015

Ended

Etienne Luyckx

Managing director · since 12 mai 2012 · until 12 mai 2018

Ended

Jacqueline Devos

Director · since 12 mai 2012 · until 12 mai 2018

Ended

Etienne Luyckx

Managing director · since 13 mai 2006 · until 09 mai 2012

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other25/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates31/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares07/02/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office18/10/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates03/02/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates05/11/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/08/2006
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 2025238,3 k €↑
2024
Annual accounts 2024237,5 k €↓
2023
Annual accounts 2023298,2 k €↑
2022
Annual accounts 2022220,3 k €↑
2021
Annual accounts 2021176,7 k €↑
2020
Annual accounts 2020170,5 k €↓
2019
Annual accounts 2019298,3 k €↓
2018
Annual accounts 2018304,1 k €↑
2017
Annual accounts 2017213,7 k €↓
2016
Annual accounts 2016234,4 k €↑
2015
Annual accounts 2015158 k €↓
2014
Annual accounts 2014246,4 k €↑
2013
Annual accounts 2013244,8 k €↑
2012
Annual accounts 2012189,1 k €↑
2011
Annual accounts 2011157,9 k €↑
2010
Annual accounts 201082,3 k €↑
2009
Annual accounts 200977,4 k €↑
2008
Annual accounts 200825,2 k €↓
2007
Annual accounts 200779,5 k €↑
2006
Annual accounts 200660,7 k €
29/01/2001
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

MAX MEAT

Overview

What does MAX MEAT 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