ACTIVE

MAFFF

Financial year 2025 · Closed on 31/12/2025

Net result-48,8 k €-265,7 %over 1 year

Gross margin16,3 k €+563,7 %over 1 year

Equity-848,3 k €-6,1 %over 1 year

Identity

Source · BCE/KBO

MAFFF is a Private limited company incorporated in 2010. Its main activity is: Activities of holding companies. Its registered office is in Rotselaar.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0828.433.151
Incorporation: 05/08/2010
Legal form: Private limited company
Registered office: Steenweg op Gelrode 106
3110 Rotselaar · FlandreSee on map
Contributed capital: 262 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 47781Other retail sale of new goods in specialised stores 47990Other retail sale not in stores, stalls or markets 68100Buying and selling of own real estate 68110Buying and selling of own real estate+6

Financials

Source · NBB, 15 filings

Trend over 15 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	16,3 k €	+564%	2,5 k €	+111%	-22 k €	+67.7%	-68,2 k €	-27.6%	-53,5 k €
EBITDA	-39,2 k €	-4086%	983,2 €	+104%	-22,4 k €	+74.1%	-86,4 k €	-38.3%	-62,5 k €
Operating result	-48,4 k €	-267%	-13,2 k €	+65.8%	-38,7 k €	+62.1%	-102 k €	-28.1%	-79,6 k €
Net result	-48,8 k €	-266%	-13,3 k €	+65.6%	-38,8 k €	+58.9%	-94,3 k €	-24.5%	-75,8 k €
Balance sheet
Equity	-848,3 k €	-6.1%	-799,5 k €	-1.7%	-786,1 k €	-5.2%	-747,3 k €	-14.4%	-653 k €
Total assets	628,8 k €	+577%	92,9 k €	+6.1%	87,6 k €	-70.5%	297,2 k €	-2.4%	304,5 k €
Cash	518,7 k €	+2558%	19,5 k €	+63.7%	11,9 k €	+17.7%	10,1 k €	+1654%	577,6 €
Debts	1,5 M €	+65.5%	892,4 k €	+2.1%	873,7 k €	-16.3%	1 M €	+9.1%	957,4 k €

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Fiona Alicia Westheim	Andere functie
Floris Johannes Westheim	Andere functie

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Marcel Westheim	Manager05/08/2010 → 2016 accounts
Marcel Johannes Westheim	Director2024 accountsManager2018 accounts

Other companies at this address

Steenweg op Gelrode 106 3110 Rotselaar

Company	CBE no.
2B Fixed● Active	1018.880.872
Auron● Active	0443.630.290
Boekhoudkantoor Carl Van Gestel● Active	0428.562.232
C-CONSULTANTS● Active	0456.363.818
JBT Consulting● Active	1009.857.496
KTL Solutions● Active	1018.812.180
W-Fin● Active	0708.990.123
Wolfron● Active	0789.305.331
Yxof● Active	0789.847.343

Full financial information

Source · NBB

	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	11/08/2026	14/08/2025	27/09/2024	29/09/2023	21/07/2022	30/09/2021
General meeting	25/06/2026	25/06/2025	25/06/2024	17/05/2023	17/05/2022	30/09/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	25/06/2026	11/08/2026	Dutch	PDF
Micro model	31/12/2024	25/06/2025	14/08/2025	Dutch	PDF
Micro model	31/12/2023	25/06/2024	27/09/2024	Dutch	PDF
Micro model	31/12/2022	17/05/2023	29/09/2023	Dutch	PDF
Micro model	31/12/2021	17/05/2022	21/07/2022	Dutch	PDF
Micro model	31/12/2020	30/09/2021	30/09/2021	Dutch	PDF
Micro model	31/12/2019	16/05/2020	23/11/2020	Dutch	PDF
Micro model	31/12/2018	26/06/2019	16/09/2019	Dutch	PDF
Abridged model	31/12/2017	26/06/2018	15/07/2019	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	17/07/2017	Dutch	PDF
Abridged model	31/12/2015	19/05/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	21/05/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	29/06/2014	30/09/2014	Dutch	PDF
Abridged model	31/12/2012	16/05/2013	27/10/2013	Dutch	PDF
Abridged model	31/12/2011	18/05/2012	21/08/2012	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Fiona Alicia Westheim	Andere functie
Floris Johannes Westheim	Andere functie

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Marcel Westheim	Manager05/08/2010 → 2016 accounts
Marcel Johannes Westheim	Director2024 accountsManager2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates16/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/02/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates18/02/2020
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office27/09/2016
Verplaatsing zetel
PDF
Other23/08/2010
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings15 filings

Mandates

Floris Johannes Westheim

Fiona Alicia Westheim

Marcel Westheim

Marcel Johannes Westheim

20102011201220132014201520162017201820192020202120222023202420252026

MAFFF

Steenweg op Gelrode 106, 3110 Rotselaar

Andere functie

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Steenweg op Gelrode 106, 3110 RotselaarCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00392140

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MAFFFCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00392140

Events

2025
Annual accounts 2025-48,8 k €↓
2024
Annual accounts 2024-13,3 k €↑
2023
Annual accounts 2023-38,8 k €↑
2022
Annual accounts 2022-94,3 k €↓
2021
Annual accounts 2021-75,8 k €↓
2020
Annual accounts 202080,6 k €↓
2019
Annual accounts 201997,2 k €↑
2018
Annual accounts 201870,4 k €↑
2017
Annual accounts 201739 k €↓
2016
Annual accounts 2016136,4 k €↑
2015
Annual accounts 2015-1,2 M €↓
2014
Annual accounts 201436,5 k €↓
2013
Annual accounts 2013704,6 k €↑
2012
Annual accounts 2012-793,7 k €↓
2011
Annual accounts 2011-27,5 k €
05/08/2010
IncorporationPrivate limited company

MAFFF

Overview

Identity

Financials

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

Timeline

Registered offices

Company names

Events