ACTIVE

MA-VA

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Financial year 2025 · closed on 30/09/2025
Net result
-6,4 k €
-309.1% YoY
Gross margin
-3,9 k €
-193.4% YoY
Equity
19,6 k €
-24.5% YoY

What does MA-VA do?

MA-VA is a Private limited company incorporated in 2012. Its main activity is: Retail sale of footwear and leather goods in specialised stores. Its registered office is in Beernem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0501.539.488
Incorporation
26/11/2012
Legal form
Private limited company
Registered office
Stijn Streuvelsstraat 18
8730 Beernem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Activities (NACE)
47722Retail sale of footwear and leather goods in specialised stores· main47722Retail sale of footwear and leather goods in specialised stores47750Retail sale of cosmetic and toilet articles in specialised stores47750Retail sale of cosmetic and toilet articles in specialised stores
Joint committees (1)
  • 2010
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin-3,9 k €4,1 k €17,6 k €4,5 k €54,3 k €30 k €61,8 k €67 k €64,2 k €39 k €72,3 k €18,8 k €
EBITDA-4,5 k €3,4 k €6,1 k €-8,2 k €42,5 k €9,9 k €16,6 k €18,5 k €19 k €-4,3 k €26,7 k €11,1 k €
Operating result-6 k €2,2 k €3,1 k €-13,5 k €35,8 k €818,3 €3,3 k €4,2 k €2,8 k €-17,6 k €13,5 k €-3,8 k €
Net result-6,4 k €3,1 k €2,5 k €-15,3 k €31,3 k €-2 k €435,7 €-127,8 €-2,1 k €-8,6 k €5,2 k €-7,1 k €
Balance sheet
Equity19,6 k €26 k €23 k €20,5 k €35,7 k €4,4 k €6,4 k €5,9 k €6,1 k €8,1 k €16,7 k €11,5 k €
Total assets27,5 k €36 k €82,5 k €82 k €94,8 k €72,3 k €115 k €130,3 k €148,3 k €165,4 k €173,6 k €111,1 k €
Cash16,6 k €21,1 k €21,4 k €26,1 k €33,4 k €3,8 k €4,4 k €1,6 k €2,5 k €3,6 k €7,5 k €3,8 k €
Debts7,8 k €9,9 k €59,5 k €60,9 k €58,4 k €60,2 k €108,6 k €121,2 k €139,4 k €154,7 k €153 k €99,6 k €
Other
Workforce–––––––––2,0 ETP2,1 ETP0,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 3 ended

Active mandates

Kathy Maenhout

Director

Active

Ended mandates

Kathy Maenhout

Director · since 27 juin 2013

Ended
Kathy Maenhout

Manager

Ended
Wim Vandenbrande

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
VANDENBRANDE-MAENHOUT● Active
0878.088.540
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/03/202607/04/202510/04/202430/03/202315/04/202223/04/2021
General meeting20/03/202621/03/202515/03/202417/03/202318/03/202231/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202520/03/202623/03/2026DutchPDF
Micro model30/09/202421/03/202507/04/2025DutchPDF
Micro model30/09/202315/03/202410/04/2024DutchPDF
Micro model30/09/202217/03/202330/03/2023DutchPDF
Micro model30/09/202118/03/202215/04/2022DutchPDF
Micro model30/09/202031/03/202123/04/2021DutchPDF
Micro model30/09/201920/03/202020/04/2020DutchPDF
Micro model30/09/201815/03/201911/04/2019DutchPDF
Micro model30/09/201716/03/201810/04/2018DutchPDF
Abridged model30/09/201631/03/201721/04/2017DutchPDF
Abridged model30/09/201518/03/201621/03/2016DutchPDF
Abridged model30/09/201420/03/201524/03/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

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 30/09/2025 · 1 active · 3 ended

Active mandates

Kathy Maenhout

Director

Active

Ended mandates

Kathy Maenhout

Director · since 27 juin 2013

Ended
Kathy Maenhout

Manager

Ended
Wim Vandenbrande

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/11/2025
    ONTSLAGEN, BENOEMINGEN, STATUTEN (VERTALING,
    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

Timeline

  1. 2025
    Annual accounts 2025-6,4 k €↓
  2. 2024
    Annual accounts 20243,1 k €↑
  3. 2023
    Annual accounts 20232,5 k €↑
  4. 2022
    Annual accounts 2022-15,3 k €↓
  5. 2021
    Annual accounts 202131,3 k €↑
  6. 2020
    Annual accounts 2020-2 k €↓
  7. 2019
    Annual accounts 2019435,7 €↑
  8. 2018
    Annual accounts 2018-127,8 €↑
  9. 2017
    Annual accounts 2017-2,1 k €↑
  10. 2016
    Annual accounts 2016-8,6 k €↓
  11. 2015
    Annual accounts 20155,2 k €↑
  12. 2014
    Annual accounts 2014-7,1 k €
  13. 26/11/2012
    IncorporationPrivate limited company