ACTIVE

Max Terminals

Financial year 2025 · closed on 31/12/2025
Net result
294,6 k €
+242.0% YoY
Revenue
8,9 M €
+49.0% YoY
Equity
2,8 M €
+11.8% YoY

What does Max Terminals do?

Max Terminals is a Public limited company incorporated in 2019. Its main activity is: Support activities for transportation. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0718.650.927
Incorporation
14/01/2019
Legal form
Public limited company
Registered office
Christoffel Columbuslaan 31
9042 Gent · FlandreSee on map
Contributed capital
1 562 100,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Revenue8,9 M €5,9 M €
EBITDA6,3 M €4,7 M €3,2 M €3,1 M €2,4 M €-127,9 k €
Operating result2 M €1,5 M €1,3 M €1,2 M €736,1 k €-129,5 k €
Net result294,6 k €86,2 k €225 k €554,8 k €359,5 k €-285,4 k €
Balance sheet
Equity2,8 M €2,5 M €2,4 M €2,2 M €1,6 M €1,3 M €
Total assets46,1 M €38,6 M €31,6 M €20,6 M €19,3 M €13,2 M €
Cash3,8 M €633,6 k €485,7 k €4,1 M €1,5 M €71,6 k €
Debts43 M €36 M €29,1 M €18,4 M €17,5 M €11,9 M €
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 · 3 active · 6 ended

Active mandates

Roderick Gadsby

Director · since 23 mai 2025 · until 13 mai 2031

Active
Thomas Bawden

Director · since 23 mai 2025 · until 13 mai 2031

Active
Yves Bienfet

Managing director · since 23 mai 2025 · until 13 mai 2031

Active

Ended mandates

Heiko Voelker

Director · since 19 décembre 2019 · until 13 mai 2025

Ended
Heiko Voelker

Director · since 19 décembre 2019 · until 23 mai 2025

Ended
Roderick Gadsby

Director · since 19 décembre 2019 · until 13 mai 2025

Ended
Roderick Gadsby

Director · since 19 décembre 2019 · until 23 mai 2025

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202109/01/2019
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 months24 months
Filing date26/05/202623/06/202528/06/202403/07/202305/07/202204/06/2021
General meeting12/05/202623/05/202521/06/202406/06/202330/06/202211/05/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/05/202626/05/2026DutchPDF
Abridged model31/12/202423/05/202523/06/2025DutchPDF
Abridged model31/12/202321/06/202428/06/2024DutchPDF
Abridged model31/12/202206/06/202303/07/2023DutchPDF
Abridged model31/12/202130/06/202205/07/2022DutchPDF
Abridged model31/12/202011/05/202104/06/2021DutchPDF
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 · 3 active · 6 ended

Active mandates

Roderick Gadsby

Director · since 23 mai 2025 · until 13 mai 2031

Active
Thomas Bawden

Director · since 23 mai 2025 · until 13 mai 2031

Active
Yves Bienfet

Managing director · since 23 mai 2025 · until 13 mai 2031

Active

Ended mandates

Heiko Voelker

Director · since 19 décembre 2019 · until 13 mai 2025

Ended
Heiko Voelker

Director · since 19 décembre 2019 · until 23 mai 2025

Ended
Roderick Gadsby

Director · since 19 décembre 2019 · until 13 mai 2025

Ended
Roderick Gadsby

Director · since 19 décembre 2019 · until 23 mai 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/09/2026
    Ontslag + benoeming bestuurders
    PDF
  • Mandates17/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares27/04/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates16/01/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    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 2025294,6 k €
  2. 2024
    Annual accounts 202486,2 k €
  3. 2023
    Annual accounts 2023225 k €
  4. 2022
    Annual accounts 2022554,8 k €
  5. 2021
    Annual accounts 2021359,5 k €
  6. 2020
    Annual accounts 2020-285,4 k €
  7. 14/01/2019
    IncorporationPublic limited company