ACTIVE

MAKSES

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Financial year 2025 · closed on 31/12/2025
Net result
3,4 k €
-99.8% YoY
Gross margin
356,1 k €
-67.0% YoY
Equity
1,9 M €
+0.2% YoY
Workforce
0,0 ETP

What does MAKSES do?

MAKSES is a Private limited company incorporated in 2011. Its main activity is: Real estate agencies. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0836.300.049
Incorporation
11/05/2011
Legal form
Private limited company
Registered office
Rue du Congrès 35
1000 Bruxelles · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
68310Real estate agencies· main68311Real estate agencies46160Agents involved in the sale of textiles, clothing, fur, footwear and leather goods46160Agents involved in the sale of textiles, clothing, fur, footwear and leather goods46170Agents involved in the sale of food, beverages and tobacco46170Agents involved in the sale of food, beverages and tobacco
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222019201820172015201420132012
Income statement
Gross margin356,1 k €1,1 M €176,1 k €436,3 k €47,3 k €53,2 k €155,8 k €26,9 k €16,3 k €5,2 k €-7,2 k €
EBITDA176,1 k €1,1 M €152,2 k €433,5 k €45,7 k €50,5 k €151,1 k €26 k €14,9 k €4,6 k €-7,3 k €
Operating result159,9 k €1 M €101,2 k €403,6 k €20,3 k €45,7 k €92,6 k €21,3 k €10,8 k €1,8 k €-11,4 k €
Net result3,4 k €1,4 M €-37,6 k €234,2 k €7,4 k €22 k €131,8 k €12 k €5,1 k €610,9 €-11,5 k €
Balance sheet
Equity1,9 M €1,9 M €458,8 k €496,4 k €86 k €93,6 k €71,6 k €24,9 k €12,8 k €7,7 k €7,1 k €
Total assets4,3 M €5 M €2,7 M €3 M €666,4 k €641,3 k €488,9 k €66,7 k €63,6 k €38,8 k €26,8 k €
Cash657,5 k €268,6 k €50,4 k €31,6 k €77,5 k €121,5 k €59,3 k €51,9 k €49,6 k €18,6 k €624,5 €
Debts2,4 M €3,1 M €2,2 M €2,4 M €580,4 k €547,7 k €417,3 k €41,8 k €50,8 k €31,1 k €19,7 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP––––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

MVEST

Director · since 01 octobre 2016 · 0662.506.337

Represented by Van Hauwaert Maxim

Active

Ended mandates

BV MVEST

Director · since 01 octobre 2016

Ended
MVEST

Director · since 01 octobre 2016 · 0662.506.337

Represented by Van HAUWAERT MAXIM

Ended
Maxim Van Hauwaert

Manager · since 11 mai 2011

Ended
Maxim Van Hauwaert

Manager

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/12/202531/12/202431/12/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months21 months12 months12 months12 months
Filing date14/07/202617/06/202509/07/202424/10/202218/10/202130/10/2020
General meeting02/05/202603/05/202504/05/202410/09/202211/09/202112/09/2020
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/05/202614/07/2026DutchPDF
Abridged model31/12/202403/05/202517/06/2025DutchPDF
Abridged model31/12/202304/05/202409/07/2024DutchPDF
Abridged model31/03/202210/09/202224/10/2022DutchPDF
Micro model31/03/202111/09/202118/10/2021DutchPDF
Micro model31/03/202012/09/202030/10/2020DutchPDF
Micro model31/03/201907/09/201924/09/2019DutchPDF
Micro model31/03/201830/09/201820/11/2018DutchPDF
Abridged model31/03/201702/09/201731/10/2017DutchPDF
Abridged model30/06/201512/12/201514/01/2016DutchPDF
Abridged model30/06/201413/12/201412/01/2015DutchPDF
Abridged model30/06/201314/12/201312/02/2014DutchPDF
Abridged model30/06/201208/12/201214/02/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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

MVEST

Director · since 01 octobre 2016 · 0662.506.337

Represented by Van Hauwaert Maxim

Active

Ended mandates

BV MVEST

Director · since 01 octobre 2016

Ended
MVEST

Director · since 01 octobre 2016 · 0662.506.337

Represented by Van HAUWAERT MAXIM

Ended
Maxim Van Hauwaert

Manager · since 11 mai 2011

Ended
Maxim Van Hauwaert

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/04/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates08/01/2021
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Registered office27/08/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates12/04/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office11/08/2016
    MAATSCHAPPELIJKE ZETEL - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other26/05/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20253,4 k €↓
  2. 2024
    Annual accounts 20241,4 M €↑
  3. 2023
    Annual accounts 2023-37,6 k €↓
  4. 2022
    Annual accounts 2022234,2 k €↑
  5. 2019
    Annual accounts 20197,4 k €↓
  6. 2018
    Annual accounts 201822 k €↓
  7. 2017
    Annual accounts 2017131,8 k €↑
  8. 2015
    Annual accounts 201512 k €↑
  9. 2014
    Annual accounts 20145,1 k €↑
  10. 2013
    Annual accounts 2013610,9 €↑
  11. 2012
    Annual accounts 2012-11,5 k €
  12. 11/05/2011
    IncorporationPrivate limited company