ACTIVE

MAXANE

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Financial year 2025 · closed on 31/12/2025

Net result

1,2 M €

+872.6% YoY

Gross margin

173,6 k €

-0.1% YoY

Equity

1,4 M €

-48.1% YoY

What does MAXANE do?

MAXANE is a Private limited company incorporated in 2001. Its main activity is: Activities of holding companies. Its registered office is in Sprimont.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.337.009

Incorporation

17/12/2001

Legal form

Private limited company

Registered office

Rue Ménage 26
4140 Sprimont · WallonieSee on map

Contributed capital

7 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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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	173,6 k €	-0.1%	173,8 k €	-9.2%	191,4 k €	+9.8%	174,3 k €	+0.9%	172,7 k €	-2.5%	177,2 k €	+0.2%	176,8 k €	+1.8%	173,7 k €	-5.3%	183,5 k €	+2.7%	178,7 k €	+1.6%	175,9 k €	+3.9%	169,3 k €	+99.7%	84,8 k €	+6.5%	79,6 k €	-0.1%	79,7 k €	+0.3%	79,5 k €	-1.1%	80,4 k €	+0.1%	80,3 k €	+0.9%	79,6 k €	-0.0%	79,6 k €
EBITDA	171,5 k €	-0.2%	171,8 k €	-8.9%	188,6 k €	+11.1%	169,7 k €	-0.9%	171,2 k €	-2.5%	175,7 k €	+0.2%	175,4 k €	+1.8%	172,4 k €	-5.2%	181,8 k €	+2.4%	177,6 k €	+1.6%	174,7 k €	+4.0%	168,1 k €	+101%	83,7 k €	+6.7%	78,4 k €	-0.1%	78,5 k €	+0.1%	78,5 k €	-2.3%	80,3 k €	+0.1%	80,2 k €	+0.8%	79,6 k €	-0.0%	79,6 k €
Operating result	144 k €	-1.1%	145,6 k €	-11.4%	164,4 k €	+8.2%	151,9 k €	-5.4%	160,6 k €	-4.6%	168,2 k €	+0.2%	168 k €	+1.9%	164,9 k €	-5.4%	174,3 k €	-1.2%	176,5 k €	+3.9%	169,9 k €	+4.3%	162,9 k €	+105%	79,4 k €	+7.8%	73,6 k €	+0.1%	73,5 k €	-5.5%	77,8 k €	-0.4%	78,1 k €	+0.1%	78 k €	+0.1%	77,9 k €	-0.0%	77,9 k €
Net result	1,2 M €	+873%	124,6 k €	-7.8%	135,2 k €	-63.8%	373,9 k €	-36.0%	584,5 k €	+63.8%	356,8 k €	-24.1%	470,1 k €	+358%	102,6 k €	-49.4%	202,7 k €	-2.2%	207,3 k €	+104%	101,7 k €	-69.6%	334,4 k €	+861%	34,8 k €	-23.0%	45,2 k €	-5.7%	47,9 k €	-1.6%	48,7 k €	-3.4%	50,4 k €	+8.8%	46,3 k €	+3.1%	44,9 k €	+1.0%	44,5 k €
Balance sheet
Equity	1,4 M €	-48.1%	2,7 M €	-14.0%	3,1 M €	+4.5%	3 M €	+14.4%	2,6 M €	+29.0%	2 M €	+21.5%	1,7 M €	+39.4%	1,2 M €	+9.4%	1,1 M €	+14.5%	951,6 k €	+0.0%	951,3 k €	+12.0%	849,6 k €	+64.9%	515,2 k €	+7.2%	480,4 k €	+10.4%	435,2 k €	+12.4%	387,3 k €	+14.4%	338,6 k €	+17.5%	288,2 k €	+19.1%	241,9 k €	+22.8%	197 k €
Total assets	3,9 M €	+23.2%	3,2 M €	+0.3%	3,1 M €	+3.9%	3 M €	+11.5%	2,7 M €	+25.3%	2,2 M €	+17.8%	1,8 M €	+31.4%	1,4 M €	-1.6%	1,4 M €	-1.5%	1,4 M €	-1.7%	1,5 M €	-2.8%	1,5 M €	+25.3%	1,2 M €	-0.1%	1,2 M €	+76.4%	685,6 k €	+2.9%	666,1 k €	-0.1%	666,9 k €	+0.1%	666,2 k €	-0.2%	667,8 k €	-0.2%	669,4 k €
Cash	2,5 M €	+43.0%	1,7 M €	+2.0%	1,7 M €	+6.4%	1,6 M €	+35.1%	1,2 M €	+53.7%	775,7 k €	+64.4%	471,7 k €	+1775%	25,2 k €	-51.6%	51,9 k €	-27.9%	72 k €	-38.2%	116,6 k €	-25.2%	155,8 k €	+263%	42,9 k €	+6.7%	40,2 k €	+89.5%	21,2 k €	+11.2%	19,1 k €	-3.1%	19,7 k €	+3.4%	19,1 k €	-4.4%	19,9 k €	+0.3%	19,9 k €
Debts	2,5 M €	+420%	481 k €	+1184%	37,5 k €	-30.7%	54,1 k €	-53.2%	115,6 k €	-23.3%	150,8 k €	-15.9%	179,3 k €	-14.5%	209,7 k €	-37.3%	334,5 k €	-32.3%	493,8 k €	-5.0%	519,5 k €	-21.7%	663,4 k €	-4.2%	692,8 k €	-5.0%	729,1 k €	+191%	250,4 k €	-10.2%	278,9 k €	-15.0%	328,3 k €	-13.2%	378 k €	-11.2%	425,9 k €	-9.8%	472,4 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 · 1 active · 2 ended

Active mandates

CHRISTIAN CREUVEN

Manager

Active

Ended mandates

CHRISTIAN CREUVEN

Managing director

Ended

CHRISTIAN CREUVEN

Associate

Ended

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	25/08/2026	29/09/2025	22/07/2024	30/08/2023	19/07/2022	31/08/2021
General meeting	16/07/2026	26/09/2025	30/06/2024	22/08/2023	30/06/2022	18/08/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/07/2026	25/08/2026	French	PDF
Abridged model	31/12/2024	26/09/2025	29/09/2025	French	PDF
Abridged model	31/12/2023	30/06/2024	22/07/2024	French	PDF
Abridged model	31/12/2022	22/08/2023	30/08/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	19/07/2022	French	PDF
Abridged modelCorrection	31/12/2020	18/08/2021	31/08/2021	French	PDF
Abridged model	31/12/2020	18/08/2021	25/08/2021	French	PDF
Abridged model	31/12/2019	17/09/2020	30/09/2020	French	PDF
Abridged model	31/12/2018	20/08/2019	31/08/2019	French	PDF
Abridged model	31/12/2017	29/08/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	30/08/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	17/08/2016	26/08/2016	French	PDF
Abridged model	31/12/2014	09/08/2015	30/09/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	25/08/2014	French	PDF
Abridged model	31/12/2012	25/09/2013	27/09/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	28/08/2012	French	PDF
Abridged model	31/12/2010	23/09/2011	30/09/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	29/12/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	22/08/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	24/08/2007	French	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 · 1 active · 2 ended

Active mandates

CHRISTIAN CREUVEN

Manager

Active

Ended mandates

CHRISTIAN CREUVEN

Managing director

Ended

CHRISTIAN CREUVEN

Associate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/07/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Restructuring04/03/2014
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring24/12/2013
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
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 20251,2 M €↑
2024
Annual accounts 2024124,6 k €↓
2023
Annual accounts 2023135,2 k €↓
2022
Annual accounts 2022373,9 k €↓
2021
Annual accounts 2021584,5 k €↑
2020
Annual accounts 2020356,8 k €↓
2019
Annual accounts 2019470,1 k €↑
2018
Annual accounts 2018102,6 k €↓
2017
Annual accounts 2017202,7 k €↓
2016
Annual accounts 2016207,3 k €↑
2015
Annual accounts 2015101,7 k €↓
2014
Annual accounts 2014334,4 k €↑
2013
Annual accounts 201334,8 k €↓
2012
Annual accounts 201245,2 k €↓
2011
Annual accounts 201147,9 k €↓
2010
Annual accounts 201048,7 k €↓
2009
Annual accounts 200950,4 k €↑
2008
Annual accounts 200846,3 k €↑
2007
Annual accounts 200744,9 k €↑
2006
Annual accounts 200644,5 k €
17/12/2001
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

MAXANE

Overview

What does MAXANE 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