ACTIVE

MAHU MEAT

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Financial year 2025 · closed on 31/12/2025
Net result
71 k €
-11.1% YoY
Gross margin
1,8 M €
+19.2% YoY
Equity
822,6 k €
-1.1% YoY
Workforce
28,3 ETP
+33.5% YoY

What does MAHU MEAT do?

MAHU MEAT is a Private limited company incorporated in 2011. Its main activity is: Retail sale of meat and meat products in specialised stores. Its registered office is in Brugge. It employs on average 28,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0837.979.040
Incorporation
19/07/2011
Legal form
Private limited company
Registered office
Leopold I-laan 98
8000 Brugge · FlandreSee on map
Contributed capital
30 000,00 €
Latest accounts
31/12/2025
Average workforce
28,3 ETP
Activities (NACE)
47221Retail sale of meat and meat products in specialised stores· main47221Retail sale of meat and meat products in specialised stores47222Retail sale of meat and meat products in specialised stores47222Retail sale of meat and meat products in specialised stores47230Retail sale of fish, crustaceans and molluscs in specialised stores47230Retail sale of fish, crustaceans and molluscs in specialised stores+6
Joint committees (2)
  • 119
  • 201
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120192018201720162015201420132012
Income statement
Gross margin1,8 M €1,5 M €1,4 M €904,6 k €683,2 k €626,3 k €656,4 k €546,5 k €374,4 k €397,7 k €309 k €225,9 k €213,4 k €
EBITDA489,1 k €408,9 k €609,4 k €276,7 k €163,2 k €272,7 k €309,2 k €261,3 k €119,5 k €169,9 k €123,5 k €92,9 k €112,4 k €
Operating result180,1 k €158,7 k €377,7 k €61,4 k €16,5 k €124 k €188,8 k €163,9 k €33,4 k €99,5 k €55,8 k €26,7 k €50,5 k €
Net result71 k €79,9 k €306,2 k €27,6 k €-8,1 k €80,6 k €135 k €93,4 k €2,3 k €55,7 k €22,5 k €3,2 k €23,1 k €
Balance sheet
Equity822,6 k €831,5 k €751,6 k €445,4 k €417,8 k €370,8 k €290,2 k €230,2 k €136,8 k €134,5 k €78,8 k €56,3 k €53,1 k €
Total assets3,7 M €3,6 M €2,8 M €2,8 M €1,4 M €1,2 M €1,1 M €1,1 M €894,7 k €865,9 k €808,7 k €865,5 k €766,5 k €
Cash398,6 k €408,1 k €390,8 k €236 k €190,6 k €221,7 k €229,3 k €229 k €138,9 k €228,1 k €125,5 k €136,6 k €151,5 k €
Debts2,9 M €2,7 M €2 M €2,3 M €949,9 k €821,2 k €767,7 k €817,4 k €748,3 k €728,5 k €727,2 k €807,5 k €710,7 k €
Other
Workforce28,3 ETP21,2 ETP20,0 ETP15,9 ETP15,5 ETP10,4 ETP10,0 ETP8,8 ETP5,8 ETP7,0 ETP6,0 ETP5,8 ETP9,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Bart Maertens

Director · since 19 juillet 2011

Active
Lore Huyghebaert

Director · since 19 juillet 2011

Active

Ended mandates

Lore Huyghebaert

Manager · since 19 juillet 2011

Ended
Bart Maertens

Manager · since 13 juillet 2011

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 date14/07/202630/09/202519/07/202428/08/202318/08/202222/07/2021
General meeting26/06/202630/06/202528/06/202430/06/202328/07/202230/06/2021
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 model31/12/202526/06/202614/07/2026DutchPDF
Abridged model31/12/202430/06/202530/09/2025DutchPDF
Abridged model31/12/202328/06/202419/07/2024DutchPDF
Abridged model31/12/202230/06/202328/08/2023DutchPDF
Abridged model31/12/202128/07/202218/08/2022DutchPDF
Abridged model31/12/202030/06/202122/07/2021DutchPDF
Abridged model31/12/201930/06/202023/07/2020DutchPDF
Abridged model31/12/201831/05/201923/07/2019DutchPDF
Abridged model31/12/201725/05/201818/06/2018DutchPDF
Abridged model31/12/201626/05/201730/08/2017DutchPDF
Abridged model31/12/201527/05/201625/08/2016DutchPDF
Abridged model31/12/201429/05/201524/07/2015DutchPDF
Abridged model31/12/201330/05/201431/07/2014DutchPDF
Abridged model31/12/201231/05/201322/07/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 · 2 active · 2 ended

Active mandates

Bart Maertens

Director · since 19 juillet 2011

Active
Lore Huyghebaert

Director · since 19 juillet 2011

Active

Ended mandates

Lore Huyghebaert

Manager · since 19 juillet 2011

Ended
Bart Maertens

Manager · since 13 juillet 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office02/09/2020
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF
  • Other22/07/2011
    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 202571 k €↓
  2. 2024
    Annual accounts 202479,9 k €↓
  3. 2023
    Annual accounts 2023306,2 k €↑
  4. 2022
    Annual accounts 202227,6 k €↑
  5. 2021
    Annual accounts 2021-8,1 k €↓
  6. 2019
    Annual accounts 201980,6 k €↓
  7. 2018
    Annual accounts 2018135 k €↑
  8. 2017
    Annual accounts 201793,4 k €↑
  9. 2016
    Annual accounts 20162,3 k €↓
  10. 2015
    Annual accounts 201555,7 k €↑
  11. 2014
    Annual accounts 201422,5 k €↑
  12. 2013
    Annual accounts 20133,2 k €↓
  13. 2012
    Annual accounts 201223,1 k €
  14. 19/07/2011
    IncorporationPrivate limited company