ACTIVE

MAXAM

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Financial year 2025 · closed on 30/06/2025

Net result

18,7 k €

+112.9% YoY

Gross margin

232,6 k €

+139.5% YoY

Equity

1,5 M €

+1.2% YoY

What does MAXAM do?

MAXAM is a Public limited company incorporated in 2003. Its main activity is: Holiday and other short-stay accommodation. Its registered office is in Knokke-Heist.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0860.037.434

Incorporation

03/07/2003

Legal form

Public limited company

Registered office

Beiaardlaan 9
8301 Knokke-Heist · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

30/06/2025

Activities (NACE)

55204Holiday and other short-stay accommodation· main 55204Holiday and other short-stay accommodation 70113Activities of head offices 41102Development of building projects 68100Buying and selling of own real estate 68110Buying and selling of own real estate+14

Joint committees (4)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	232,6 k €	+139%	97,2 k €	+16.4%	83,5 k €	+18.7%	70,3 k €	+157%	-124,2 k €	-150%	247,4 k €	-84.0%	1,5 M €	+237%	458,6 k €	-8.7%	502,3 k €	+18.4%	424,2 k €	-13.1%	488,2 k €	-2.4%	500,4 k €	+5.3%	475,1 k €	+5.0%	452,4 k €	-7.3%	488,2 k €	+22.2%	399,7 k €	-2.7%	410,8 k €	+19.0%	345,2 k €	-0.6%	347,5 k €
EBITDA	209,2 k €	+301%	52,1 k €	-22.6%	67,4 k €	+28.2%	52,6 k €	+134%	-152,6 k €	-173%	208,1 k €	-85.1%	1,4 M €	+255%	394,2 k €	-13.4%	454,9 k €	+18.4%	384,2 k €	-14.4%	448,6 k €	+0.8%	444,9 k €	+6.0%	419,7 k €	+6.8%	392,8 k €	-12.3%	448 k €	+24.6%	359,5 k €	-2.6%	369,3 k €	+18.9%	310,6 k €	-2.5%	318,5 k €
Operating result	24,8 k €	+118%	-138,3 k €	-25.1%	-110,5 k €	+9.2%	-121,7 k €	+62.0%	-320,2 k €	-1791%	18,9 k €	-98.5%	1,2 M €	+624%	169,3 k €	+0.9%	167,8 k €	+488%	-43,3 k €	-130%	143 k €	-52.9%	303,6 k €	+5.5%	287,7 k €	+25.3%	229,6 k €	-5.6%	243,3 k €	+67.4%	145,4 k €	-38.1%	234,8 k €	+92.2%	122,2 k €	-57.8%	289,8 k €
Net result	18,7 k €	+113%	-144,7 k €	-24.9%	-115,9 k €	+8.4%	-126,5 k €	-99.0%	-63,6 k €	-1187%	5,8 k €	-99.5%	1,1 M €	+942%	103,2 k €	-9.2%	113,6 k €	-48.9%	222,4 k €	+29.0%	172,3 k €	-59.7%	427,7 k €	+35.9%	314,7 k €	-10.3%	350,6 k €	+35.7%	258,4 k €	-9.2%	284,4 k €	-14.0%	330,7 k €	-2.1%	337,8 k €	+102%	167,3 k €
Balance sheet
Equity	1,5 M €	+1.2%	1,5 M €	-8.8%	1,6 M €	-6.6%	1,8 M €	-20.0%	2,2 M €	-9.5%	2,4 M €	-41.1%	4,1 M €	+35.2%	3,1 M €	+3.5%	2,9 M €	+4.0%	2,8 M €	+8.5%	2,6 M €	+7.1%	2,4 M €	-6.7%	2,6 M €	+13.7%	2,3 M €	+18.0%	2 M €	-4.3%	2 M €	+16.2%	1,8 M €	+23.2%	1,4 M €	+31.1%	1,1 M €
Total assets	2 M €	-10.1%	2,3 M €	-11.5%	2,6 M €	-7.3%	2,8 M €	-10.1%	3,1 M €	-23.7%	4 M €	-27.4%	5,5 M €	+7.1%	5,2 M €	-2.9%	5,3 M €	-2.6%	5,5 M €	+15.0%	4,8 M €	+25.2%	3,8 M €	+2.0%	3,7 M €	-4.8%	3,9 M €	+1.9%	3,8 M €	-2.3%	3,9 M €	+1.8%	3,9 M €	+27.4%	3 M €	+63.5%	1,9 M €
Cash	8 k €	-17.2%	9,7 k €	-84.8%	63,8 k €	-20.9%	80,6 k €	+238%	23,9 k €	-96.8%	754,1 k €	-56.3%	1,7 M €	+1971%	83,4 k €	+10.3%	75,6 k €	+9.6%	69 k €	-83.3%	413,7 k €	-11.1%	465,3 k €	-11.9%	528 k €	+1086%	44,5 k €	-40.1%	74,3 k €	-88.0%	619,5 k €	-18.7%	761,6 k €	+90.4%	400,1 k €	+6680%	5,9 k €
Debts	515,1 k €	-32.2%	759,3 k €	-16.4%	908,3 k €	-8.7%	995,3 k €	+14.6%	868,4 k €	-45.2%	1,6 M €	+13.2%	1,4 M €	-30.0%	2 M €	-12.7%	2,3 M €	-10.5%	2,6 M €	+23.6%	2,1 M €	+60.5%	1,3 M €	+24.7%	1 M €	-35.4%	1,6 M €	-15.2%	1,9 M €	+0.3%	1,9 M €	-10.0%	2,1 M €	+31.0%	1,6 M €	+110%	759,3 k €
Other
Workforce	–		–		–		–		–		0,8 ETP	+33.3%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	-50.0%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	+50.0%	0,8 ETP	+33.3%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 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 30/06/2025 · 3 active · 9 ended

Active mandates

Frank Desmedt

Managing director · since 30 mars 2020 · until 04 décembre 2026

Active

Maxine Desmedt

Director · since 30 mars 2020 · until 04 décembre 2026

Active

Pascale Vandewalle

Director · since 30 mars 2020 · until 04 décembre 2026

Active

Ended mandates

Frank Desmedt

Managing director · since 30 mars 2020 · until 30 mars 2026

Ended

Maxine Caroline Desmedt

Director · since 30 mars 2020 · until 04 décembre 2026

Ended

Maxine Desmedt

Director · since 30 mars 2020 · until 30 mars 2026

Ended

Pascale Vandewalle

Director · since 30 mars 2020 · until 30 mars 2026

Ended

At this address

Other companies at this address

Company	CBE no.
Saltwater● Active	0759.805.156

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/01/2026	04/02/2025	20/12/2023	04/12/2022	26/01/2022	29/01/2021
General meeting	05/12/2025	06/12/2024	01/12/2023	02/12/2022	03/12/2021	31/12/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	05/12/2025	28/01/2026	Dutch	PDF
Micro model	30/06/2024	06/12/2024	04/02/2025	Dutch	PDF
Micro model	30/06/2023	01/12/2023	20/12/2023	Dutch	PDF
Micro model	30/06/2022	02/12/2022	04/12/2022	Dutch	PDF
Micro model	30/06/2021	03/12/2021	26/01/2022	Dutch	PDF
Abridged model	30/06/2020	31/12/2020	29/01/2021	Dutch	PDF
Abridged model	30/06/2019	31/12/2019	31/01/2020	Dutch	PDF
Abridged model	30/06/2018	07/12/2018	04/01/2019	Dutch	PDF
Abridged model	30/06/2017	30/12/2017	30/01/2018	Dutch	PDF
Abridged model	30/06/2016	23/12/2016	24/01/2017	Dutch	PDF
Abridged model	30/06/2015	04/12/2015	04/01/2016	Dutch	PDF
Abridged model	30/06/2014	29/12/2014	08/01/2015	Dutch	PDF
Abridged model	30/06/2013	06/12/2013	24/12/2013	Dutch	PDF
Abridged model	30/06/2012	28/12/2012	16/01/2013	Dutch	PDF
Abridged model	30/06/2011	02/12/2011	28/12/2011	Dutch	PDF
Abridged model	30/06/2010	24/12/2010	13/01/2011	Dutch	PDF
Abridged model	30/06/2009	04/12/2009	30/12/2009	Dutch	PDF
Abridged model	30/06/2008	26/12/2008	20/01/2009	Dutch	PDF
Abridged model	30/06/2007	07/12/2007	10/12/2007	Dutch	PDF

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 30/06/2025 · 3 active · 9 ended

Active mandates

Frank Desmedt

Managing director · since 30 mars 2020 · until 04 décembre 2026

Active

Maxine Desmedt

Director · since 30 mars 2020 · until 04 décembre 2026

Active

Pascale Vandewalle

Director · since 30 mars 2020 · until 04 décembre 2026

Active

Ended mandates

Frank Desmedt

Managing director · since 30 mars 2020 · until 30 mars 2026

Ended

Maxine Caroline Desmedt

Director · since 30 mars 2020 · until 04 décembre 2026

Ended

Maxine Desmedt

Director · since 30 mars 2020 · until 30 mars 2026

Ended

Pascale Vandewalle

Director · since 30 mars 2020 · until 30 mars 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/04/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/10/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/06/2014
KAPITAAL - AANDELEN
PDF
Capital / shares15/02/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office19/05/2011
MAATSCHAPPELIJKE ZETEL
PDF
Other03/07/2003
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

2025
Annual accounts 202518,7 k €↑
2024
Annual accounts 2024-144,7 k €↓
2023
Annual accounts 2023-115,9 k €↑
2022
Annual accounts 2022-126,5 k €↓
2021
Annual accounts 2021-63,6 k €↓
2020
Annual accounts 20205,8 k €↓
2019
Annual accounts 20191,1 M €↑
2018
Annual accounts 2018103,2 k €↓
2017
Annual accounts 2017113,6 k €↓
2016
Annual accounts 2016222,4 k €↑
2015
Annual accounts 2015172,3 k €↓
2014
Annual accounts 2014427,7 k €↑
2013
Annual accounts 2013314,7 k €↓
2012
Annual accounts 2012350,6 k €↑
2011
Annual accounts 2011258,4 k €↓
2010
Annual accounts 2010284,4 k €↓
2009
Annual accounts 2009330,7 k €↓
2008
Annual accounts 2008337,8 k €↑
2007
Annual accounts 2007167,3 k €
03/07/2003
IncorporationPublic 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

MAXAM

Overview

What does MAXAM do?

Trend over 19 financial years

Indicative valuation

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