ACTIVE

MAOWA

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Financial year 2025 · closed on 31/12/2025

Net result

45,7 €

-99.1% YoY

Gross margin

11,5 k €

-57.4% YoY

Equity

-26,2 k €

+0.2% YoY

What does MAOWA do?

MAOWA is a Private limited company incorporated in 2016. Its main activity is: Retail sale of clothing in specialised stores. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0653.746.445

Incorporation

03/05/2016

Legal form

Private limited company

Registered office

Chaussée de Wavre 51
1050 Ixelles · BruxellesSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

47712Retail sale of clothing in specialised stores· main 47712Retail sale of clothing in specialised stores 47252Retail sale of beverages in specialised stores 47252Retail sale of beverages in specialised stores 47260Retail sale of tobacco products in specialised stores 47260Retail sale of tobacco products in specialised stores

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017
Income statement
Gross margin	11,5 k €	-57.4%	27,1 k €	+25.2%	21,6 k €	+137%	9,1 k €	-52.6%	19,3 k €	+188%	-21,9 k €	-301%	10,9 k €	+90.3%	5,7 k €	-84.6%	37,2 k €
EBITDA	10,9 k €	-37.3%	17,3 k €	-9.4%	19,1 k €	+110%	9,1 k €	+201%	-9,1 k €	+73.6%	-34,4 k €	-612%	6,7 k €	+68.0%	4 k €	-59.0%	9,7 k €
Operating result	10,8 k €	-25.4%	14,5 k €	+36.8%	10,6 k €	+15.7%	9,1 k €	+183%	-11,1 k €	+69.9%	-36,8 k €	-1310%	3 k €	+849%	320,1 €	-96.0%	7,9 k €
Net result	45,7 €	-99.1%	5,2 k €	-22.2%	6,7 k €	+23.1%	5,5 k €	+142%	-13,2 k €	+66.5%	-39,4 k €	-5496%	730,6 €	+145%	-1,6 k €	-145%	3,6 k €
Balance sheet
Equity	-26,2 k €	+0.2%	-26,3 k €	+16.7%	-31,5 k €	+17.6%	-38,3 k €	+12.5%	-43,7 k €	-43.2%	-30,5 k €	-444%	8,9 k €	+9.0%	8,2 k €	-16.5%	9,8 k €
Total assets	78,8 k €	-46.8%	148,2 k €	+156%	57,9 k €	-62.0%	152,2 k €	-9.6%	168,4 k €	+113%	78,9 k €	+0.1%	78,8 k €	+9.5%	72 k €	-17.5%	87,3 k €
Cash	807,1 €	-90.7%	8,7 k €	+123%	3,9 k €	+140%	1,6 k €	-95.6%	37 k €	+652%	4,9 k €	-15.5%	5,8 k €	-61.6%	15,2 k €	+68.1%	9 k €
Debts	105 k €	-39.8%	174,5 k €	+95.1%	89,4 k €	-53.1%	190,5 k €	-10.2%	212,2 k €	+93.8%	109,5 k €	+69.1%	64,7 k €	+1.4%	63,8 k €	-17.6%	77,5 k €

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 31/12/2025 · 1 active · 6 ended

Active mandates

ADBUL ISLAM SYED

Mandate

Active

Ended mandates

Akmal SHAHZAD

Director · since 10 juillet 2018

Ended

Akmal SHAHZAD

Manager · since 10 juillet 2018

Ended

Ali ASGHAR

Director · since 15 septembre 2016

Ended

Ali ASGHAR

Manager · since 15 septembre 2016

Ended

At this address

Other companies at this address

Company	CBE no.
CENTRE D'ENTRAIDE POUR LES CONGOLAIS DIVORCES● Active	0472.043.669
GLOIRE A DIEU● Bankrupt	0474.323.763

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro 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	21/08/2026	07/10/2025	31/08/2024	01/09/2023	31/08/2022	28/07/2021
General meeting	21/05/2026	07/10/2025	31/07/2024	02/08/2023	19/05/2022	20/05/2021
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

9 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	21/05/2026	21/08/2026	French	PDF
Micro model	31/12/2024	07/10/2025	07/10/2025	French	PDF
Micro model	31/12/2023	31/07/2024	31/08/2024	French	PDF
Micro model	31/12/2022	02/08/2023	01/09/2023	French	PDF
Micro model	31/12/2021	19/05/2022	31/08/2022	French	PDF
Micro model	31/12/2020	20/05/2021	28/07/2021	French	PDF
Micro model	31/12/2019	21/05/2020	28/10/2020	French	PDF
Micro model	31/12/2018	16/05/2019	27/08/2019	French	PDF
Abridged model	31/12/2017	17/05/2018	31/07/2018	French	PDF

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 31/12/2025 · 1 active · 6 ended

Active mandates

ADBUL ISLAM SYED

Mandate

Active

Ended mandates

Akmal SHAHZAD

Director · since 10 juillet 2018

Ended

Akmal SHAHZAD

Manager · since 10 juillet 2018

Ended

Ali ASGHAR

Director · since 15 septembre 2016

Ended

Ali ASGHAR

Manager · since 15 septembre 2016

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/03/2026
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates28/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates01/12/2020
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
PDF
Mandates15/05/2019
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates20/12/2018
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates24/07/2018
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Capital / shares14/11/2016
CAPITAL, ACTIONS
PDF
Mandates10/10/2016
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
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 202545,7 €↓
2024
Annual accounts 20245,2 k €↓
2023
Annual accounts 20236,7 k €↑
2022
Annual accounts 20225,5 k €↑
2021
Annual accounts 2021-13,2 k €↑
2020
Annual accounts 2020-39,4 k €↓
2019
Annual accounts 2019730,6 €↑
2018
Annual accounts 2018-1,6 k €↓
2017
Annual accounts 20173,6 k €
03/05/2016
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

MAOWA

Overview

What does MAOWA do?

Trend over 9 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