ACTIVE

MB NIVELLES

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Financial year 2025 · Closed on 31/12/2025

Net result308,1 k €-21,5 %over 1 year

Revenue4,1 M €-7,4 %over 1 year

Equity1,2 M €+0,9 %over 1 year

Workforce10,9 ETP-8,4 %over 1 year

Identity

Source · BCE/KBO

MB NIVELLES is a Public limited company incorporated in 1949. Its main activity is: Retail sale of hardware, paints and glass in specialised stores. Its registered office is in Namur. It employs on average 10,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0401.575.842
Incorporation: 17/04/1949
Legal form: Public limited company
Registered office: Rue des Morgelines(NN) 8
5100 Namur · WallonieSee on map
Contributed capital: 133 007,21 €
Latest accounts: 31/12/2025
Average workforce: 10,9 ETP

Activities (NACE)

47521Retail sale of hardware, paints and glass in specialised stores· main 47521Retail sale of hardware, paints and glass in specialised stores 52461Warehousing and support activities for transportation 47120Retail sale in non-specialised stores 47910Retail sale via mail order houses or via Internet

Joint committees (5)

100
14904
201
2010
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	4,1 M €	-7.4%	4,4 M €	-1.4%	4,5 M €	-0.6%	4,5 M €	-9.9%	5 M €
EBITDA	587,4 k €	-16.8%	706,1 k €	-11.1%	794,1 k €	+4.9%	756,6 k €	-26.7%	1 M €
Operating result	414,4 k €	-20.6%	521,9 k €	-16.5%	624,7 k €	+9.6%	569,9 k €	-32.4%	843,1 k €
Net result	308,1 k €	-21.5%	392,5 k €	-16.5%	470,2 k €	+15.1%	408,5 k €	-35.4%	632,7 k €
Balance sheet
Equity	1,2 M €	+0.9%	1,1 M €	+6.0%	1,1 M €	+8.2%	997,3 k €	+11.2%	896,9 k €
Total assets	2,7 M €	-7.9%	2,9 M €	-4.4%	3 M €	-16.3%	3,6 M €	-2.3%	3,7 M €
Cash	30,7 k €	-26.8%	42 k €	-12.8%	48,1 k €	-90.5%	505,8 k €	-0.3%	507,4 k €
Debts	1,5 M €	-13.7%	1,7 M €	-10.2%	1,9 M €	-25.7%	2,6 M €	-6.6%	2,8 M €
Other
Workforce	10,9 ETP	-8.4%	11,9 ETP	-9.2%	13,1 ETP	+1.6%	12,9 ETP	-3.0%	13,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PROVA0434.001.061Represented by Réginald De Woot	Directorsince 21/12/2023Managing director24/06/2013 → 2021 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Luc Goessens	Director27/06/2019 → 2023 accounts
RDW MANAGEMENT0864.212.986Represented by Réginald de Woot	Director24/06/2013 → 2017 accounts

Other companies at this address

Rue des Morgelines(NN) 8 5100 Namur

Company	CBE no.
MB BRAINE-L'ALLEUD● Active	0557.921.036
MB CHIÈVRES● Active	0885.467.369
MB FRAMERIES● Active	0473.993.270
MB GENVAL● Active	0557.922.620
MB JODOIGNE● Active	0450.485.519
MB LIBRAMONT● Active	0422.427.179
MB PERWEZ● Active	0419.716.921
MB SOIGNIES● Active	0668.491.831
MELTEMI● Active	0889.570.271
OSSIMO● Active	0521.789.823
PROVA● Active	0434.001.061
UNITE TVA PROVA● Active	0643.622.516

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	22/06/2026	07/07/2025	05/07/2024	28/06/2023	07/07/2022	07/07/2021
General meeting	11/06/2026	11/06/2025	12/06/2024	08/06/2023	09/06/2022	10/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	11/06/2026	22/06/2026	French	PDF
Full model	31/12/2024	11/06/2025	07/07/2025	French	PDF
Full model	31/12/2023	12/06/2024	05/07/2024	French	PDF
Full model	31/12/2022	08/06/2023	28/06/2023	French	PDF
Full model	31/12/2021	09/06/2022	07/07/2022	French	PDF
Full model	31/12/2020	10/06/2021	07/07/2021	French	PDF
Full model	31/12/2019	25/06/2020	03/07/2020	French	PDF
Full model	31/12/2018	27/06/2019	17/07/2019	French	PDF
Full model	31/12/2017	21/06/2018	12/07/2018	French	PDF
Full model	31/12/2016	15/06/2017	13/07/2017	French	PDF
Full model	31/12/2015	16/06/2016	08/07/2016	French	PDF
Full model	31/12/2014	03/06/2015	25/06/2015	French	PDF
Full model	31/12/2013	04/06/2014	19/06/2014	French	PDF
Full model	31/12/2012	31/05/2013	02/07/2013	French	PDF
Full model	31/12/2011	29/05/2012	26/07/2012	French	PDF
Abridged model	31/12/2010	30/05/2011	12/07/2011	French	PDF
Abridged model	31/12/2009	31/05/2010	02/07/2010	French	PDF
Abridged model	31/12/2008	25/05/2009	08/07/2009	French	PDF
Abridged model	31/12/2007	26/05/2008	14/08/2008	French	PDF
Abridged model	31/12/2006	28/05/2007	02/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PROVA0434.001.061Represented by Réginald De Woot	Directorsince 21/12/2023Managing director24/06/2013 → 2021 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Luc Goessens	Director27/06/2019 → 2023 accounts
RDW MANAGEMENT0864.212.986Represented by Réginald de Woot	Director24/06/2013 → 2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates29/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - DIVERS - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates09/03/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates13/08/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates19/07/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates31/08/2017
DEMISSIONS, NOMINATIONS
PDF
Other13/04/2017
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates07/05/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates05/01/2015
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation1949

Name

Registered office

Annual accounts

Filings17 filings

Mandates

PROVA

Luc Goessens

RDW MANAGEMENT

AMS Equity

LAGUSSE

Baudouin de Hemptinne

Catherine Delacroix

Olivier Legrain

CLAUDIA DE CESCO

REWISE

1966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

MB NIVELLESBrinivellesEtablissements Alexandre et Co

Rue des Morgelines(NN) 8, 5100 Jambes (Namur)

DirectorManaging director

Director

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue des Morgelines(NN) 8, 5100 Jambes (Namur)Current	accounts 2021 → 2025	Accounts 2025 · 2026-00212498

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MB NIVELLESCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00212498
Brinivelles	accounts 2015 → 2022	Accounts 2022 · 2023-00185396
Etablissements Alexandre et Co	accounts 2006 → 2013	Accounts 2013 · 2014-19300290

Events

2025
Annual accounts 2025308,1 k €↓
2024
Annual accounts 2024392,5 k €↓
2023
Annual accounts 2023470,2 k €↑
2023
Name changeMB NIVELLES
2022
Annual accounts 2022408,5 k €↓
2021
Annual accounts 2021632,7 k €↑
2018
Annual accounts 2018149,7 k €↓
2017
Annual accounts 2017156,6 k €↓
2016
Annual accounts 2016182,3 k €↑
2015
Annual accounts 2015-179,9 k €↓
2015
Name changeBrinivelles
2013
Annual accounts 201359,9 k €↓
2012
Annual accounts 2012277,8 k €↑
2011
Annual accounts 2011137,1 k €↑
2010
Annual accounts 2010-39,2 k €↑
2009
Annual accounts 2009-118,5 k €↓
2008
Annual accounts 2008-1,4 k €↓
2007
Annual accounts 2007396 k €↑
2006
Annual accounts 2006134,5 k €
17/04/1949
IncorporationPublic limited company

MB NIVELLES

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events