ACTIVE

MAZONE

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Financial year 2025 · closed on 31/12/2025

Net result

2,9 €

+100.0% YoY

Gross margin

703,9 k €

+1.7% YoY

Equity

79,3 k €

+0.0% YoY

Workforce

19,6 ETP

+3.7% YoY

What does MAZONE do?

MAZONE is a Private limited company incorporated in 2005. Its registered office is in La Hulpe. It employs on average 19,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0876.474.083

Incorporation

05/10/2005

Legal form

Private limited company

Registered office

Rue de Genval 51
1310 La Hulpe · WallonieSee on map

Contributed capital

34 100,00 €

Latest accounts

31/12/2025

Average workforce

19,6 ETP

Joint committees (1)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2014		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	703,9 k €	+1.7%	692 k €	+0.5%	688,2 k €	+6.3%	647,3 k €	-15.8%	768,3 k €	+25.8%	610,7 k €	+18.5%	515,5 k €	+3.3%	499,2 k €	+3.9%	480,4 k €	+3.4%	464,4 k €	+0.8%	460,5 k €	-1.0%	465 k €	-0.7%	468,5 k €	+12.2%	417,4 k €	+1.3%	412,1 k €	-0.2%	412,8 k €	+2.4%	403,3 k €	+22.3%	329,6 k €	+20.8%	272,9 k €	-18.2%	333,6 k €
EBITDA	10,2 k €	+152%	-19,4 k €	-143%	45,1 k €	+17.9%	38,3 k €	-83.1%	226,6 k €	+51.5%	149,6 k €	+303%	37,1 k €	-4.8%	39 k €	+154%	15,3 k €	-18.6%	18,8 k €	-7.0%	20,3 k €	+3507%	-594,5 €	-101%	53 k €	+182%	-64,2 k €	-403%	21,2 k €	+42.8%	14,9 k €	-76.6%	63,5 k €	+2767%	-2,4 k €	+93.0%	-33,8 k €	-224%	27,3 k €
Operating result	7,5 k €	+260%	2,1 k €	-95.2%	43,1 k €	+15.2%	37,4 k €	-83.5%	226 k €	+51.5%	149,1 k €	+416%	28,9 k €	+10.5%	26,1 k €	+91.9%	13,6 k €	-4.4%	14,3 k €	+126%	6,3 k €	+300%	-3,1 k €	-106%	50,2 k €	+172%	-69,8 k €	-610%	13,7 k €	+278%	3,6 k €	-93.0%	51,9 k €	+500%	-13 k €	+69.4%	-42,4 k €	-308%	20,4 k €
Net result	2,9 €	+100%	-6,6 k €	-118%	36,8 k €	+21.2%	30,3 k €	-86.1%	218,5 k €	+51.5%	144,3 k €	+482%	24,8 k €	+60.9%	15,4 k €	+167%	5,8 k €	-38.3%	9,3 k €	+8.1%	8,6 k €	+998%	-962,4 €	-102%	51,6 k €	+176%	-67,8 k €	-691%	11,5 k €	+1.5%	11,3 k €	-77.2%	49,6 k €	+380%	-17,7 k €	+67.0%	-53,6 k €	-430%	16,2 k €
Balance sheet
Equity	79,3 k €	+0.0%	79,3 k €	-11.8%	89,9 k €	+2.0%	88,2 k €	+0.4%	87,8 k €	+26.8%	69,3 k €	+6.6%	65 k €	-7.4%	70,2 k €	+28.1%	54,8 k €	+11.8%	49,1 k €	+23.5%	39,7 k €	+27.8%	31,1 k €	-3.0%	32 k €	+264%	-19,5 k €	-140%	48,3 k €	+31.2%	36,8 k €	+44.3%	25,5 k €	+206%	-24,1 k €	-277%	-6,4 k €	-114%	47,2 k €
Total assets	252 k €	-24.2%	332,3 k €	-10.0%	369,1 k €	-29.4%	522,7 k €	-15.1%	615,5 k €	+61.0%	382,4 k €	+46.7%	260,6 k €	+9.6%	237,9 k €	+20.8%	196,9 k €	+1.1%	194,8 k €	+24.0%	157,1 k €	-2.5%	161,1 k €	-6.1%	171,6 k €	+29.4%	132,6 k €	-35.8%	206,5 k €	+29.0%	160,1 k €	+17.3%	136,5 k €	-8.7%	149,5 k €	+15.1%	129,9 k €	-14.1%	151,2 k €
Cash	123,8 k €	+15.5%	107,2 k €	-37.9%	172,6 k €	+2.3%	168,7 k €	+11.2%	151,6 k €	+186%	53,1 k €	-29.3%	75,1 k €	+17.2%	64,1 k €	-9.5%	70,8 k €	-0.5%	71,2 k €	+76.0%	40,5 k €	-26.1%	54,8 k €	+1.1%	54,1 k €	+122%	24,3 k €	-69.0%	78,5 k €	+36.8%	57,4 k €	-20.4%	72,1 k €	+0.3%	71,9 k €	+27.1%	56,6 k €	-47.5%	107,8 k €
Debts	172,7 k €	-31.8%	253 k €	-0.6%	254,7 k €	-37.9%	410,1 k €	-18.5%	503,2 k €	+74.3%	288,6 k €	+68.7%	171,1 k €	+20.1%	142,6 k €	+0.4%	142 k €	-2.5%	145,7 k €	+29.7%	112,4 k €	-13.6%	130 k €	-6.8%	139,5 k €	-8.3%	152,1 k €	-3.9%	158,2 k €	+29.0%	122,7 k €	+10.6%	111 k €	-36.0%	173,5 k €	+27.3%	136,3 k €	+31.1%	103,9 k €
Other
Workforce	19,6 ETP	+3.7%	18,9 ETP	+16.0%	16,3 ETP	-4.7%	17,1 ETP	+15.5%	14,8 ETP	+20.3%	12,3 ETP	-8.2%	13,4 ETP	+7.2%	12,5 ETP	-8.8%	13,7 ETP	+11.4%	12,3 ETP	+1.7%	12,1 ETP	+0.8%	12,0 ETP	-3.2%	12,4 ETP	-19.0%	15,3 ETP	+10.1%	13,9 ETP	+10.3%	12,6 ETP	+7.7%	11,7 ETP	-23.5%	15,3 ETP	+37.8%	11,1 ETP	+6.7%	10,4 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 · 4 ended

Active mandates

EVOLUTION CONSULTING

Director · 0716.804.363

Represented by André CUSTERS

Active

Ended mandates

EVOLUTION CONSULTING

Manager · since 22 décembre 2018 · 0716.804.363

Represented by André CUSTERS

Ended

André CUSTERS

Manager · since 05 octobre 2005

Ended

André CUSTERS

Manager

Ended

EVOLUTION CONSULTING

Manager · 0716.804.363

Represented by André CUSTERS

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	29/08/2026	30/08/2025	31/08/2024	31/08/2023	31/08/2022	28/08/2021
General meeting	08/06/2026	09/06/2025	10/06/2024	12/06/2023	13/06/2022	14/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	08/06/2026	29/08/2026	French	PDF
Abridged model	31/12/2024	09/06/2025	30/08/2025	French	PDF
Abridged model	31/12/2023	10/06/2024	31/08/2024	French	PDF
Abridged model	31/12/2022	12/06/2023	31/08/2023	French	PDF
Abridged model	31/12/2021	13/06/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	14/06/2021	28/08/2021	French	PDF
Abridged model	31/12/2019	08/06/2020	31/08/2020	French	PDF
Abridged model	31/12/2018	10/06/2019	30/08/2019	French	PDF
Abridged model	31/12/2017	11/06/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	12/06/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	13/06/2016	31/07/2016	French	PDF
Abridged model	31/12/2014	08/06/2015	31/07/2015	French	PDF
Abridged model	31/01/2014	10/07/2014	29/09/2014	French	PDF
Abridged model	31/12/2012	10/06/2013	31/08/2013	French	PDF
Abridged model	31/12/2011	11/06/2012	29/08/2012	French	PDF
Abridged model	31/12/2010	14/06/2011	23/08/2011	French	PDF
Abridged model	31/12/2009	14/06/2010	17/06/2010	French	PDF
Abridged model	31/12/2008	08/06/2009	22/06/2009	French	PDF
Abridged model	31/12/2007	09/06/2008	18/12/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	30/10/2007	French	PDF

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 · 4 ended

Active mandates

EVOLUTION CONSULTING

Director · 0716.804.363

Represented by André CUSTERS

Active

Ended mandates

EVOLUTION CONSULTING

Manager · since 22 décembre 2018 · 0716.804.363

Represented by André CUSTERS

Ended

André CUSTERS

Manager · since 05 octobre 2005

Ended

André CUSTERS

Manager

Ended

EVOLUTION CONSULTING

Manager · 0716.804.363

Represented by André CUSTERS

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates19/11/2020
DEMISSIONS, NOMINATIONS
PDF
Registered office16/01/2007
SIEGE SOCIAL
PDF
Other14/10/2005
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 20252,9 €↑
2024
Annual accounts 2024-6,6 k €↓
2023
Annual accounts 202336,8 k €↑
2022
Annual accounts 202230,3 k €↓
2021
Annual accounts 2021218,5 k €↑
2020
Annual accounts 2020144,3 k €↑
2019
Annual accounts 201924,8 k €↑
2018
Annual accounts 201815,4 k €↑
2017
Annual accounts 20175,8 k €↓
2016
Annual accounts 20169,3 k €↑
2015
Annual accounts 20158,6 k €↑
2014
Annual accounts 2014-962,4 €↓
2014
Annual accounts 201451,6 k €↑
2012
Annual accounts 2012-67,8 k €↓
2011
Annual accounts 201111,5 k €↑
2010
Annual accounts 201011,3 k €↓
2009
Annual accounts 200949,6 k €↑
2008
Annual accounts 2008-17,7 k €↑
2007
Annual accounts 2007-53,6 k €↓
2006
Annual accounts 200616,2 k €
05/10/2005
IncorporationPrivate 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

MAZONE

Overview

What does MAZONE do?

Trend over 20 financial years

Indicative valuation

Board of directors

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