ACTIVE

MAVAM

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Financial year 2025 · closed on 31/12/2025

Net result

832 k €

+898.1% YoY

Gross margin

68,6 k €

-62.4% YoY

Equity

2,7 M €

+13.9% YoY

What does MAVAM do?

MAVAM is a Public limited company incorporated in 2003. Its main activity is: Buying and selling of own real estate. Its registered office is in Veurne.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.686.576

Incorporation

03/03/2003

Legal form

Public limited company

Registered office

Duinkerkestraat 20
8630 Veurne · FlandreSee on map

Contributed capital

157 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

68100Buying and selling of own real estate· main 68110Buying and selling of own real estate 70120Activities of head offices

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	68,6 k €	-62.4%	182,7 k €	-22.0%	234,1 k €	+184%	82,3 k €	+304%	20,4 k €	-87.9%	169 k €	+752%	19,8 k €	-34.7%	30,4 k €	-72.1%	109 k €	+1.8%	107 k €	-84.1%	671,8 k €	+38.0%	486,9 k €	+74.3%	279,3 k €	+12396%	-2,3 k €	+55.9%	-5,2 k €	+51.2%	-10,6 k €	-104%	-5,2 k €	+60.4%	-13,1 k €	-102%	727,7 k €
EBITDA	66 k €	-63.3%	179,5 k €	-20.7%	226,2 k €	+192%	77,5 k €	+330%	18 k €	-88.3%	154,1 k €	+2815%	5,3 k €	-60.6%	13,4 k €	-87.6%	107,8 k €	+1.8%	105,8 k €	-84.2%	669,2 k €	+38.3%	483,9 k €	+75.7%	275,4 k €	+5217%	-5,4 k €	+33.3%	-8,1 k €	+39.8%	-13,4 k €	-59.4%	-8,4 k €	+50.0%	-16,8 k €	-102%	722,3 k €
Operating result	21,8 k €	-83.1%	129 k €	-26.5%	175,4 k €	+540%	27,4 k €	+163%	-43,2 k €	-128%	154,1 k €	+2815%	5,3 k €	-60.6%	13,4 k €	-87.6%	107,8 k €	+1.8%	105,8 k €	-84.2%	669,2 k €	+38.3%	483,9 k €	+75.7%	275,4 k €	+5217%	-5,4 k €	+33.3%	-8,1 k €	+39.8%	-13,4 k €	-48.7%	-9 k €	+53.0%	-19,2 k €	-103%	719,9 k €
Net result	832 k €	+898%	83,4 k €	-25.9%	112,5 k €	+34.3%	83,8 k €	-90.4%	870,4 k €	+821%	94,6 k €	+1759%	5,1 k €	-42.1%	8,8 k €	-77.1%	38,3 k €	-27.7%	53 k €	-87.6%	428,8 k €	+17.1%	366,2 k €	+32.5%	276,2 k €	+9686%	2,8 k €	+319%	-1,3 k €	-131%	4,2 k €	-74.9%	16,7 k €	-74.2%	64,6 k €	-87.5%	517,4 k €
Balance sheet
Equity	2,7 M €	+13.9%	2,4 M €	+1.1%	2,4 M €	-0.6%	2,4 M €	-5.1%	2,5 M €	+65.6%	1,5 M €	+6.7%	1,4 M €	-46.8%	2,7 M €	+0.3%	2,7 M €	+1.5%	2,6 M €	+2.1%	2,6 M €	+20.1%	2,1 M €	+11.3%	1,9 M €	+16.9%	1,6 M €	+0.2%	1,6 M €	-0.1%	1,6 M €	+0.3%	1,6 M €	+1.0%	1,6 M €	-41.0%	2,7 M €
Total assets	3,8 M €	+27.8%	2,9 M €	-0.7%	3 M €	+17.6%	2,5 M €	-17.1%	3 M €	+57.7%	1,9 M €	+31.7%	1,5 M €	-46.9%	2,8 M €	+2.6%	2,7 M €	+1.9%	2,6 M €	-10.9%	3 M €	+29.5%	2,3 M €	+16.6%	2 M €	+19.4%	1,6 M €	+0.0%	1,6 M €	+0.0%	1,6 M €	+0.2%	1,6 M €	-0.6%	1,6 M €	-44.6%	3 M €
Cash	317,3 k €	-3.0%	327 k €	-30.4%	470 k €	+7.3%	438,2 k €	-44.4%	787,4 k €	-43.6%	1,4 M €	+43.4%	973,7 k €	-54.7%	2,1 M €	+10.6%	1,9 M €	+22.7%	1,6 M €	-19.5%	2 M €	+35.0%	1,5 M €	+114%	679,5 k €	-10.3%	757,5 k €	-1.1%	766,1 k €	-0.3%	768,3 k €	+2622%	28,2 k €	-47.4%	53,7 k €	-93.0%	771,4 k €
Debts	1 M €	+87.9%	552,2 k €	-7.8%	598,6 k €	+320%	142,5 k €	-73.4%	534,8 k €	+44.5%	370,2 k €	+692%	46,7 k €	-49.8%	93 k €	+215%	29,5 k €	+52.4%	19,4 k €	-95.1%	394,2 k €	+162%	150,5 k €	+271%	40,6 k €	+23720%	170,3 €	-93.9%	2,8 k €		–		704 €	-93.5%	10,8 k €	-82.2%	60,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 28 ended

Active mandates

Marijke Beyl

Director · since 15 décembre 2020

Active

Marijn Vanhoutte

Director · since 01 février 2017

Active

Ended mandates

Marijn Vanhoutte

Director · since 15 décembre 2020

Ended

Marijn Vanhoutte

Managing director · since 15 décembre 2020

Ended

Marijn Vanhoutte

Managing director · since 01 avril 2017 · until 11 juillet 2021

Ended

Woonn BVBA

Director · since 01 avril 2017 · until 15 décembre 2020 · 0673.579.678

Represented by Marijn Vanhoutte

Ended

At this address

Other companies at this address

Company	CBE no.
LANDD● Active	0637.809.048
WOONN● Active	0749.588.779

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Abridged model	Abridged model	Abridged model	Abridged 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	31/08/2026	31/07/2025	31/08/2024	07/07/2023	23/08/2022	17/06/2021
General meeting	31/08/2026	13/06/2025	14/06/2024	09/06/2023	10/06/2022	11/06/2021
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
Micro model	31/12/2025	31/08/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	13/06/2025	31/07/2025	Dutch	PDF
Abridged model	31/12/2023	14/06/2024	31/08/2024	Dutch	PDF
Abridged model	31/12/2022	09/06/2023	07/07/2023	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	23/08/2022	Dutch	PDF
Micro model	31/12/2020	11/06/2021	17/06/2021	Dutch	PDF
Micro model	31/12/2019	12/06/2020	28/08/2020	Dutch	PDF
Micro model	31/12/2018	14/06/2019	25/07/2019	Dutch	PDF
Micro model	31/12/2017	08/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	09/06/2017	23/06/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	21/06/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	17/07/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	18/07/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	03/07/2013	Dutch	PDF
Abridged model	31/12/2011	08/06/2012	16/07/2012	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	23/06/2011	Dutch	PDF
Abridged model	31/12/2009	11/06/2010	12/07/2010	Dutch	PDF
Abridged model	31/12/2008	12/06/2009	19/06/2009	Dutch	PDF
Abridged model	31/12/2007	13/06/2008	26/06/2008	Dutch	PDF
Abridged model	31/12/2006	28/02/2007	10/04/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active · 28 ended

Active mandates

Marijke Beyl

Director · since 15 décembre 2020

Active

Marijn Vanhoutte

Director · since 01 février 2017

Active

Ended mandates

Marijn Vanhoutte

Director · since 15 décembre 2020

Ended

Marijn Vanhoutte

Managing director · since 15 décembre 2020

Ended

Marijn Vanhoutte

Managing director · since 01 avril 2017 · until 11 juillet 2021

Ended

Woonn BVBA

Director · since 01 avril 2017 · until 15 décembre 2020 · 0673.579.678

Represented by Marijn Vanhoutte

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring31/12/2020
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring05/11/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares12/02/2018
KAPITAAL - AANDELEN
PDF
Mandates24/04/2017
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/02/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/08/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/01/2014
KAPITAAL - AANDELEN
PDF
Registered office03/11/2009
MAATSCHAPPELIJKE ZETEL
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 2025832 k €↑
2024
Annual accounts 202483,4 k €↓
2023
Annual accounts 2023112,5 k €↑
2022
Annual accounts 202283,8 k €↓
2021
Annual accounts 2021870,4 k €↑
2019
Annual accounts 201994,6 k €↑
2018
Annual accounts 20185,1 k €↓
2017
Annual accounts 20178,8 k €↓
2016
Annual accounts 201638,3 k €↓
2015
Annual accounts 201553 k €↓
2014
Annual accounts 2014428,8 k €↑
2013
Annual accounts 2013366,2 k €↑
2012
Annual accounts 2012276,2 k €↑
2011
Annual accounts 20112,8 k €↑
2010
Annual accounts 2010-1,3 k €↓
2009
Annual accounts 20094,2 k €↓
2008
Annual accounts 200816,7 k €↓
2007
Annual accounts 200764,6 k €↓
2006
Annual accounts 2006517,4 k €
03/03/2003
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

MAVAM

Overview

What does MAVAM do?

Trend over 19 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