ACTIVE

MAUDE

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Financial year 2025 · closed on 30/09/2025

Net result

-79,5 k €

-2911.9% YoY

Gross margin

580,2 k €

-9.3% YoY

Equity

-377 k €

-26.7% YoY

Workforce

15,8 ETP

What does MAUDE do?

MAUDE is a Private limited company incorporated in 2008. Its main activity is: Retail sale of clothing in specialised stores. Its registered office is in Bruxelles. It employs on average 15,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0806.933.496

Incorporation

08/10/2008

Legal form

Private limited company

Registered office

Rue de la Presse 4
1000 Bruxelles · BruxellesSee on map

Contributed capital

20 000,00 €

Latest accounts

30/09/2025

Average workforce

15,8 ETP

Activities (NACE)

47716Retail sale of clothing in specialised stores· main 47716Retail sale of clothing in specialised stores 46160Agents involved in the sale of textiles, clothing, fur, footwear and leather goods 46160Agents involved in the sale of textiles, clothing, fur, footwear and leather goods 46190Agents involved in the sale of a variety of goods 46190Agents involved in the sale of a variety of goods+6

Joint committees (3)

1000
1090
2010

Signals

Healthy social debts

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	580,2 k €	-9.3%	639,8 k €	-4.9%	672,5 k €	+4.4%	644,4 k €	+32.1%	487,9 k €	-0.6%	491 k €	-0.6%	494,2 k €	+21.8%	405,7 k €	-11.6%	459 k €	-19.7%	571,7 k €	+104%	280,5 k €	+5838%	-4,9 k €	-178%	6,3 k €	+168%	-9,2 k €	-526%	-1,5 k €	-117%	8,7 k €	-45.7%	16 k €
EBITDA	-54,9 k €	-303%	27,1 k €	+105534%	-25,7 €	-100%	58,7 k €	+27.5%	46,1 k €	+247%	-31,3 k €	+70.5%	-105,8 k €	+10.3%	-117,9 k €	-136%	-49,9 k €	-183%	60,5 k €	+53.2%	39,5 k €	+834%	-5,4 k €	-196%	5,6 k €	+157%	-9,9 k €	-335%	-2,3 k €	-129%	7,9 k €	-47.5%	15,1 k €
Operating result	-73,3 k €	-901%	9,2 k €	+162%	-14,9 k €	-135%	42,3 k €	+42.1%	29,8 k €	+164%	-46,7 k €	+61.2%	-120,3 k €	-109%	-57,6 k €	-2.6%	-56,2 k €	-1406%	-3,7 k €	-113%	28,5 k €	+629%	-5,4 k €	-22.2%	-4,4 k €	+78.0%	-20 k €	-36.7%	-14,7 k €	-96.0%	-7,5 k €	-53.5%	-4,9 k €
Net result	-79,5 k €	-2912%	2,8 k €	+113%	-21,7 k €	-162%	34,9 k €	+47.5%	23,6 k €	+143%	-54,7 k €	+59.0%	-133,4 k €	-79.4%	-74,4 k €	-7.7%	-69,1 k €	-231%	-20,8 k €	-131%	67,9 k €	+1081%	-6,9 k €	-3.1%	-6,7 k €	+71.7%	-23,7 k €	-26.7%	-18,7 k €	-68.2%	-11,1 k €	-106%	-5,4 k €
Balance sheet
Equity	-377 k €	-26.7%	-297,5 k €	+0.9%	-300,3 k €	-7.8%	-278,6 k €	+11.1%	-313,5 k €	+7.0%	-337,1 k €	-19.4%	-282,4 k €	-89.6%	-149 k €	-99.8%	-74,6 k €	-1260%	-5,5 k €	-136%	15,4 k €	+129%	-52,6 k €	-15.2%	-45,7 k €	-17.2%	-38,9 k €	-156%	-15,2 k €	-537%	3,5 k €	-76.2%	14,6 k €
Total assets	2,9 M €	+7.9%	2,7 M €	-4.9%	2,8 M €	+14.7%	2,4 M €	+5.9%	2,3 M €	-4.0%	2,4 M €	-8.4%	2,6 M €	+13.4%	2,3 M €	+27.3%	1,8 M €	-1.2%	1,8 M €	+14.6%	1,6 M €	+127389%	1,3 k €	-96.3%	33,9 k €	-17.4%	41,1 k €	-28.0%	57 k €	-23.8%	74,8 k €	-11.9%	84,9 k €
Cash	23,6 k €	-5.9%	25 k €	-76.3%	105,7 k €	+65.2%	64 k €	-13.0%	73,5 k €	-18.5%	90,2 k €	+19.0%	75,8 k €	+109%	36,3 k €	-51.9%	75,3 k €	+249%	21,6 k €	-48.6%	42 k €	+117606%	35,7 €	-17.9%	43,5 €	+119%	19,9 €	-0.8%	20 €	-99.7%	6,1 k €	+102%	3 k €
Debts	3,3 M €	+10.6%	2,9 M €	-5.2%	3,1 M €	+14.0%	2,7 M €	+3.9%	2,6 M €	-4.4%	2,7 M €	-5.7%	2,9 M €	+18.0%	2,5 M €	+30.1%	1,9 M €	+2.5%	1,8 M €	+16.1%	1,6 M €	+2926%	52,5 k €	-33.4%	78,9 k €	-1.3%	79,9 k €	+10.8%	72,2 k €	+1.2%	71,3 k €	+1.5%	70,3 k €
Other
Workforce	15,8 ETP		–		16,4 ETP	+3.1%	15,9 ETP	+6.7%	14,9 ETP	-8.0%	16,2 ETP	-10.5%	18,1 ETP	+5.2%	17,2 ETP	-2.3%	17,6 ETP	-4.9%	18,5 ETP	+40.2%	13,2 ETP		–		–		–		–		–		–

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 7 ended

Active mandates

Vincenza TRAMONTANA

Director · since 15 juillet 2015

Active

Emanuela CULOT

Director · since 12 mars 2015

Active

Ended mandates

Arlette Poliart

Manager · since 01 octobre 2013

Ended

Arlette Poliart

Manager · since 01 juillet 2013

Ended

Fabienne Allart

Manager · since 01 octobre 2009 · until 30 juin 2013

Ended

Fabienne Allart

Manager · since 01 octobre 2009

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	25/05/2026	30/04/2025	15/04/2024	20/04/2023	31/03/2022	15/04/2021
General meeting	28/03/2026	29/03/2025	30/03/2024	25/03/2023	26/03/2022	27/03/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	28/03/2026	25/05/2026	French	PDF
Micro model	30/09/2024	29/03/2025	30/04/2025	French	PDF
Abridged model	30/09/2023	30/03/2024	15/04/2024	French	PDF
Abridged model	30/09/2022	25/03/2023	20/04/2023	French	PDF
Abridged model	30/09/2021	26/03/2022	31/03/2022	French	PDF
Abridged model	30/09/2020	27/03/2021	15/04/2021	French	PDF
Abridged model	30/09/2019	28/03/2020	26/05/2020	French	PDF
Abridged model	30/09/2018	30/03/2019	27/06/2019	French	PDF
Abridged model	30/09/2017	31/03/2018	31/05/2018	French	PDF
Abridged model	30/09/2016	25/03/2017	27/04/2017	French	PDF
Abridged model	30/09/2015	26/03/2016	01/04/2016	French	PDF
Abridged model	30/09/2014	16/01/2015	31/03/2015	French	PDF
Abridged model	30/09/2013	29/03/2014	30/04/2014	French	PDF
Abridged model	30/09/2012	30/03/2013	22/04/2013	French	PDF
Abridged model	30/09/2011	31/03/2012	24/04/2012	French	PDF
Abridged model	30/09/2010	26/03/2011	28/03/2011	French	PDF
Abridged model	30/09/2009	27/03/2010	29/03/2010	French	PDF

Estimate

Indicative valuation

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 · 2 active · 7 ended

Active mandates

Vincenza TRAMONTANA

Director · since 15 juillet 2015

Active

Emanuela CULOT

Director · since 12 mars 2015

Active

Ended mandates

Arlette Poliart

Manager · since 01 octobre 2013

Ended

Arlette Poliart

Manager · since 01 juillet 2013

Ended

Fabienne Allart

Manager · since 01 octobre 2009 · until 30 juin 2013

Ended

Fabienne Allart

Manager · since 01 octobre 2009

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/08/2026
Démission
PDF
Mandates24/01/2025
MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates07/08/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates10/04/2015
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates22/08/2013
DEMISSIONS, NOMINATIONS
PDF
Other09/02/2009
DIVERS
PDF
Other21/10/2008
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 2025-79,5 k €↓
2024
Annual accounts 20242,8 k €↑
2023
Annual accounts 2023-21,7 k €↓
2022
Annual accounts 202234,9 k €↑
2021
Annual accounts 202123,6 k €↑
2020
Annual accounts 2020-54,7 k €↑
2019
Annual accounts 2019-133,4 k €↓
2018
Annual accounts 2018-74,4 k €↓
2017
Annual accounts 2017-69,1 k €↓
2016
Annual accounts 2016-20,8 k €↓
2015
Annual accounts 201567,9 k €↑
2014
Annual accounts 2014-6,9 k €↓
2013
Annual accounts 2013-6,7 k €↑
2012
Annual accounts 2012-23,7 k €↓
2011
Annual accounts 2011-18,7 k €↓
2010
Annual accounts 2010-11,1 k €↓
2009
Annual accounts 2009-5,4 k €
08/10/2008
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

MAUDE

Overview

What does MAUDE do?

Trend over 17 financial years

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