ACTIVE

MAHER

Financial year 2025 · closed on 31/12/2025
Net result
-69 k €
+70.4% YoY
Gross margin
-7,7 k €
+95.4% YoY
Equity
-1,8 M €
-4.1% YoY

What does MAHER do?

MAHER is a Public limited company incorporated in 2007. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0889.838.507
Incorporation
05/06/2007
Legal form
Public limited company
Registered office
Pelikaanstraat 78 box 88
2018 Antwerpen · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin-7,7 k €-168,7 k €-49,7 k €-24,9 k €-25,2 k €-18,3 k €-9,2 k €-8,1 k €-9 k €-20,4 k €-13,9 k €3,8 k €295,4 k €106 k €112,6 k €349,2 k €210,8 k €480,4 k €
EBITDA-10,2 k €-172,5 k €-62,5 k €-27,6 k €-31,9 k €-20 k €-11,8 k €-10,6 k €-11,3 k €-24,8 k €-16,7 k €761,8 €290,6 k €87,5 k €45 k €322,2 k €95,4 k €452,6 k €
Operating result-12,3 k €-174,6 k €-64,6 k €-30,3 k €-34,6 k €-22,7 k €-14,5 k €-13,3 k €-14 k €-27,5 k €-27,7 k €-10,2 k €279,6 k €57,1 k €-11,8 k €232,7 k €-45,8 k €266,7 k €
Net result-69 k €-232,9 k €-142,3 k €-84,1 k €-82,5 k €-64,8 k €-59 k €-67,4 k €-67,9 k €-71,4 k €-50 k €-56,9 k €245,4 k €-30,3 k €-95,9 k €-36 k €-451,6 k €-406,1 k €
Balance sheet
Equity-1,8 M €-1,7 M €-1,5 M €-1,3 M €-1,2 M €-1,2 M €-1,1 M €-1 M €-959,2 k €-891,4 k €-820 k €-770 k €-713,1 k €-958,4 k €-928,1 k €-832,2 k €-796,2 k €-344,6 k €
Total assets2 M €1,8 M €1,8 M €1,9 M €1,9 M €1,5 M €1,7 M €1,7 M €1,7 M €1,8 M €446,5 k €471,1 k €504,2 k €1,2 M €2,5 M €4,1 M €6,4 M €9,8 M €
Cash3,7 k €3,2 k €6,7 k €5,8 k €10,2 k €72,2 k €211,6 k €247,1 k €279,1 k €313,8 k €395 €14 k €11,6 k €13,2 k €44,6 k €100,9 k €18,9 k €986,5 k €
Debts3,8 M €3,5 M €3,3 M €3,2 M €3,1 M €2,7 M €2,8 M €2,7 M €2,7 M €2,7 M €1,3 M €1,2 M €1,2 M €2,2 M €3,4 M €4,9 M €7,2 M €10,2 M €
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 15 ended

Active mandates

Charles Goldberg

Director · since 04 décembre 2023 · until 04 décembre 2029

Active
Renilde Vleugels

Managing director · since 04 décembre 2023 · until 04 décembre 2029

Active
Vivian Nutkewitz

Director · since 04 décembre 2023 · until 04 décembre 2029

Active

Ended mandates

Charles Goldberg

Persoon belast met dagelijks bestuur · since 04 décembre 2023 · until 04 décembre 2029

Ended
Charles Goldberg

Director · since 16 mai 2019 · until 16 mai 2025

Ended
Renilde Vleugels

Managing director · since 16 mai 2019 · until 16 mai 2025

Ended
Vivian Nutkewitz

Director · since 16 mai 2019 · until 16 mai 2025

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 date02/07/202621/08/202513/09/202422/08/202303/11/202214/09/2021
General meeting21/05/202621/08/202522/08/202404/08/202306/10/202220/08/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/05/202602/07/2026DutchPDF
Abridged model31/12/202421/08/202521/08/2025DutchPDF
Abridged model31/12/202322/08/202413/09/2024DutchPDF
Abridged model31/12/202204/08/202322/08/2023DutchPDF
Abridged model31/12/202106/10/202203/11/2022DutchPDF
Abridged model31/12/202020/08/202114/09/2021DutchPDF
Abridged model31/12/201924/06/202024/07/2020DutchPDF
Abridged model31/12/201816/05/201914/06/2019DutchPDF
Abridged model31/12/201728/06/201825/07/2018DutchPDF
Abridged model31/12/201603/08/201731/08/2017DutchPDF
Abridged model31/12/201531/07/201608/09/2016DutchPDF
Abridged model31/12/201421/05/201509/07/2015DutchPDF
Abridged model31/12/201315/05/201412/09/2014DutchPDF
Abridged model31/12/201216/05/201311/10/2013DutchPDF
Abridged model31/12/201118/05/201216/11/2012DutchPDF
Abridged model31/12/201019/05/201118/07/2011DutchPDF
Abridged model31/12/200920/05/201024/08/2010DutchPDF
Abridged model31/12/200822/05/200920/07/2009DutchPDF
Estimate

Indicative valuation

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 · 3 active · 15 ended

Active mandates

Charles Goldberg

Director · since 04 décembre 2023 · until 04 décembre 2029

Active
Renilde Vleugels

Managing director · since 04 décembre 2023 · until 04 décembre 2029

Active
Vivian Nutkewitz

Director · since 04 décembre 2023 · until 04 décembre 2029

Active

Ended mandates

Charles Goldberg

Persoon belast met dagelijks bestuur · since 04 décembre 2023 · until 04 décembre 2029

Ended
Charles Goldberg

Director · since 16 mai 2019 · until 16 mai 2025

Ended
Renilde Vleugels

Managing director · since 16 mai 2019 · until 16 mai 2025

Ended
Vivian Nutkewitz

Director · since 16 mai 2019 · until 16 mai 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/12/2023
    DIVERS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/07/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/02/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/01/2014
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/03/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/01/2008
    DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Other30/11/2007
    Rechtzetting
    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 2025-69 k €
  2. 2024
    Annual accounts 2024-232,9 k €
  3. 2023
    Annual accounts 2023-142,3 k €
  4. 2022
    Annual accounts 2022-84,1 k €
  5. 2021
    Annual accounts 2021-82,5 k €
  6. 2020
    Annual accounts 2020-64,8 k €
  7. 2019
    Annual accounts 2019-59 k €
  8. 2018
    Annual accounts 2018-67,4 k €
  9. 2017
    Annual accounts 2017-67,9 k €
  10. 2016
    Annual accounts 2016-71,4 k €
  11. 2015
    Annual accounts 2015-50 k €
  12. 2014
    Annual accounts 2014-56,9 k €
  13. 2013
    Annual accounts 2013245,4 k €
  14. 2012
    Annual accounts 2012-30,3 k €
  15. 2011
    Annual accounts 2011-95,9 k €
  16. 2010
    Annual accounts 2010-36 k €
  17. 2009
    Annual accounts 2009-451,6 k €
  18. 2008
    Annual accounts 2008-406,1 k €
  19. 05/06/2007
    IncorporationPublic limited company