ACTIVE

MAES - RAEMDONCK

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Financial year 2025 · Closed on 31/12/2025

Net result454,3 k €-37,8 %over 1 year
Gross margin5,7 M €+19,1 %over 1 year
Equity1 M €+82,5 %over 1 year
Workforce70,5 ETP+13,0 %over 1 year

Identity

Source · BCE/KBO

MAES - RAEMDONCK is a Private limited company incorporated in 2015. Its main activity is: Construction of roads and motorways. Its registered office is in Zele. It employs on average 70,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0635.813.818
Incorporation
27/08/2015
Legal form
Private limited company
Registered office
Vaartstraat 31
9240 Zele · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Average workforce
70,5 ETP
Joint committees (2)
  • 124
  • 200
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 10 filings

Trend over 7 financial years

20252024202320222018
Income statement
Gross margin5,7 M €4,8 M €4,2 M €2,8 M €1,1 M €
EBITDA964,7 k €1 M €1,1 M €366,2 k €132,1 k €
Operating result695,4 k €815,9 k €947,1 k €226,7 k €41,8 k €
Net result454,3 k €730,3 k €865,9 k €184,8 k €16,8 k €
Balance sheet
Equity1 M €550,7 k €540,5 k €583,6 k €121 k €
Total assets5,6 M €5,3 M €4 M €2,8 M €508,3 k €
Cash226,4 k €182,6 k €115,2 k €421,6 k €6 k €
Debts4,6 M €4,8 M €3,5 M €2,3 M €387,3 k €
Other
Workforce70,5 ETP62,4 ETP50,5 ETP40,9 ETP18,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 6 ended

Active mandates

Armajura

Bestuurder · since 01 juillet 2022 · 0780.589.286

Represented by Aron MAES

Active

Ended mandates

Aron MAES

Bestuurder · since 27 août 2015 · until 01 juillet 2022

Ended
Julie RAEMDONCK

Bestuurder · since 27 août 2015 · until 01 juillet 2022

Ended
Aron Maes

Director · since 26 août 2015

Ended
Aron Maes

Manager · since 26 août 2015

Ended

Other companies at this address

Vaartstraat 31 9240 Zele
CompanyCBE no.
Armajura● Active
0780.589.286
Helvin● Active
0676.876.985
Maes-Raemdonck - Verbraeken Infra● Active
0758.540.097

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/07/202629/07/202529/07/202428/07/202328/02/202209/07/2021
General meeting30/06/202628/07/202525/07/202430/06/202324/02/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 10 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/07/2026DutchPDF
Abridged model31/12/202428/07/202529/07/2025DutchPDF
Abridged model31/12/202325/07/202429/07/2024DutchPDF
Abridged model31/12/202230/06/202328/07/2023DutchPDF
Abridged model31/12/202124/02/202228/02/2022DutchPDF
Abridged model31/12/202025/06/202109/07/2021DutchPDF
Abridged model31/12/201926/06/202027/07/2020DutchPDF
Abridged model31/12/201828/06/201929/07/2019DutchPDF
Micro model31/12/201722/02/201827/03/2018DutchPDF
Abridged model31/12/201630/01/201731/01/2017DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 6 ended

Active mandates

Armajura

Bestuurder · since 01 juillet 2022 · 0780.589.286

Represented by Aron MAES

Active

Ended mandates

Aron MAES

Bestuurder · since 27 août 2015 · until 01 juillet 2022

Ended
Julie RAEMDONCK

Bestuurder · since 27 août 2015 · until 01 juillet 2022

Ended
Aron Maes

Director · since 26 août 2015

Ended
Aron Maes

Manager · since 26 août 2015

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other07/10/2024
    WIJZIGING RECHTSVORM
    PDF
  • Mandates19/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/08/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 2025454,3 k €↓
  2. 2024
    Annual accounts 2024730,3 k €↓
  3. 2023
    Annual accounts 2023865,9 k €↑
  4. 2022
    Annual accounts 2022184,8 k €↑
  5. 2018
    Annual accounts 201816,8 k €↓
  6. 2017
    Annual accounts 201724,7 k €↓
  7. 2016
    Annual accounts 201659,6 k €
  8. 27/08/2015
    IncorporationPrivate limited company