ACTIVE

Maecenas Group

Financial year 2025 · closed on 31/12/2025
Net result
-41,9 k €
+84.4% YoY
Gross margin
18,8 k €
+408.9% YoY
Equity
4,9 M €
-0.9% YoY
Workforce
0,0 ETP

What does Maecenas Group do?

Maecenas Group is a Public limited company incorporated in 2011. Its registered office is in Hasselt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0835.693.897
Incorporation
14/04/2011
Legal form
Public limited company
Registered office
Kempische steenweg 305 box 203
3500 Hasselt · FlandreSee on map
Contributed capital
1 665 698,08 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Joint committees (1)
  • 200
Contacts
4 public details availableLog in to view
Signals
Solid equityPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212018201720162015201420132012
Income statement
Gross margin18,8 k €-6,1 k €-5,4 k €-17,4 k €-1,5 k €-133,4 k €-101 k €-9,5 k €139,5 k €5 k €22,7 k €8,2 k €
EBITDA17,8 k €-48,1 k €-9,2 k €-18,8 k €-23,6 k €-233,7 k €-186,9 k €-129,1 k €81,1 k €-10,2 k €22,6 k €8 k €
Operating result137,8 k €-14,3 k €-27,9 k €-39,2 k €-45,5 k €-296,1 k €-219,3 k €-180,1 k €18,6 k €-27 k €13,1 k €-2,4 k €
Net result-41,9 k €-268,7 k €-76,4 k €-83,5 k €-85,5 k €19,6 k €-256,9 k €4 M €22,1 k €-29,6 k €7,7 k €-6 k €
Balance sheet
Equity4,9 M €4,9 M €5,2 M €5,2 M €5,3 M €5 M €4,7 M €4,4 M €527,6 k €505,5 k €41,7 k €34 k €
Total assets7,3 M €7,2 M €7,2 M €6,6 M €6,4 M €6,2 M €5,8 M €5,5 M €1,2 M €831,5 k €233,1 k €234 k €
Cash3,3 k €3,4 k €2 k €2,4 k €5,1 k €9,7 k €32,6 k €46 k €4 k €47,5 k €342,1 €3,3 k €
Debts2,4 M €2,3 M €2 M €1,3 M €1,1 M €1,2 M €1,1 M €1 M €612,8 k €325,1 k €191,4 k €199,9 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP0,0 ETP0,0 ETP2,8 ETP1,6 ETP1,5 ETP1,3 ETP0,5 ETP
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 · 5 active · 31 ended

Active mandates

ESO

Director · since 29 janvier 2024 · until 29 janvier 2030 · 0841.180.931

Represented by HAYEN PIETER

Active
NAS

Director · since 29 janvier 2024 · until 29 janvier 2030 · 0888.069.939

Represented by COENEN JONAS

Active
RAPHAEL VANSWARTENBROUCK

Director · since 29 janvier 2024 · until 29 janvier 2030

Active
STEPHAN VANSWARTENBROUCK

Director · since 29 janvier 2024 · until 29 janvier 2030

Active
THE BEEHIVE

Director · since 29 janvier 2024 · until 29 janvier 2030 · 0654.872.833

Represented by VANDORMAEL DIMITRI

Active

Ended mandates

ESO

Director · since 29 janvier 2024 · until 07 juin 2030 · 0841.180.931

Represented by Pieter HAYEN

Ended
ESO

Director · since 29 janvier 2024 · until 07 juin 2030 · 0841.180.931

Represented by Pieter HAYEN

Ended
NAS

Director · since 29 janvier 2024 · until 07 juin 2030 · 0888.069.939

Represented by Jonas COENEN

Ended
Raphael Vanswartenbrouck

Director · since 29 janvier 2024 · until 07 juin 2030

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 date31/07/202629/08/202530/08/202401/09/202330/08/202231/08/2021
General meeting30/06/202626/08/202527/08/202430/06/202330/06/202230/06/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/07/2026DutchPDF
Abridged model31/12/202426/08/202529/08/2025DutchPDF
Abridged model31/12/202327/08/202430/08/2024DutchPDF
Abridged model31/12/202230/06/202301/09/2023DutchPDF
Abridged model31/12/202130/06/202230/08/2022DutchPDF
Abridged model31/12/202030/06/202131/08/2021DutchPDF
Abridged model31/12/201930/06/202030/07/2020DutchPDF
Abridged model31/12/201807/06/201928/08/2019DutchPDF
Abridged model31/12/201730/06/201831/08/2018DutchPDF
Abridged model31/12/201630/06/201731/08/2017DutchPDF
Abridged model30/06/201528/12/201513/01/2016DutchPDF
Abridged model30/06/201429/12/201406/01/2015DutchPDF
Abridged model30/06/201305/08/201307/02/2014DutchPDF
Abridged model30/06/201205/08/201231/01/2013DutchPDF
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 · 5 active · 31 ended

Active mandates

ESO

Director · since 29 janvier 2024 · until 29 janvier 2030 · 0841.180.931

Represented by HAYEN PIETER

Active
NAS

Director · since 29 janvier 2024 · until 29 janvier 2030 · 0888.069.939

Represented by COENEN JONAS

Active
RAPHAEL VANSWARTENBROUCK

Director · since 29 janvier 2024 · until 29 janvier 2030

Active
STEPHAN VANSWARTENBROUCK

Director · since 29 janvier 2024 · until 29 janvier 2030

Active
THE BEEHIVE

Director · since 29 janvier 2024 · until 29 janvier 2030 · 0654.872.833

Represented by VANDORMAEL DIMITRI

Active

Ended mandates

ESO

Director · since 29 janvier 2024 · until 07 juin 2030 · 0841.180.931

Represented by Pieter HAYEN

Ended
ESO

Director · since 29 janvier 2024 · until 07 juin 2030 · 0841.180.931

Represented by Pieter HAYEN

Ended
NAS

Director · since 29 janvier 2024 · until 07 juin 2030 · 0888.069.939

Represented by Jonas COENEN

Ended
Raphael Vanswartenbrouck

Director · since 29 janvier 2024 · until 07 juin 2030

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/09/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/05/2019
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates20/09/2017
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Other15/06/2017
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates28/07/2016
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates08/07/2016
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/11/2015
    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 2025-41,9 k €
  2. 2024
    Annual accounts 2024-268,7 k €
  3. 2023
    Annual accounts 2023-76,4 k €
  4. 2022
    Annual accounts 2022-83,5 k €
  5. 2021
    Annual accounts 2021-85,5 k €
  6. 2018
    Annual accounts 201819,6 k €
  7. 2017
    Annual accounts 2017-256,9 k €
  8. 2016
    Annual accounts 20164 M €
  9. 2015
    Annual accounts 201522,1 k €
  10. 2014
    Annual accounts 2014-29,6 k €
  11. 2013
    Annual accounts 20137,7 k €
  12. 2012
    Annual accounts 2012-6 k €
  13. 14/04/2011
    IncorporationPublic limited company