ACTIVE

Men

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Financial year 2025 · closed on 31/12/2025

Net result

-90,7 k €

-5.5% YoY

Gross margin

210,3 k €

-1.8% YoY

Equity

149,8 k €

-37.7% YoY

Workforce

0,0 ETP

What does Men do?

Men is a Public limited company incorporated in 1975. Its main activity is: Wholesale of information and communication equipment. Its registered office is in Watermael-Boitsfort.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0414.362.323

Incorporation

04/02/1975

Legal form

Public limited company

Registered office

Chaussée de La Hulpe 150
1170 Watermael-Boitsfort · BruxellesSee on map

Contributed capital

61 973,38 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

46500Wholesale of information and communication equipment· main 46660Wholesale of other office machinery and equipment 51850Air transport 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate

Joint committees (1)

Signals

Good liquidityPositive 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		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	210,3 k €	-1.8%	214,1 k €	+4.4%	205,1 k €	+4.7%	195,8 k €	+5.3%	186 k €	+8.5%	171,4 k €	+24.5%	137,7 k €	-2.0%	140,6 k €	+9.2%	128,7 k €	-26.0%	173,9 k €	-7.1%	187,2 k €	+5.5%	177,4 k €	+222%	55,1 k €	-55.2%	123 k €	-37.4%	196,4 k €	-17.4%	237,9 k €	+122%	107,1 k €	+60.7%	66,6 k €	+11.8%	59,6 k €
EBITDA	193,1 k €	-2.9%	199 k €	+7.0%	186 k €	+7.4%	173,1 k €	+26.5%	136,8 k €	-9.2%	150,6 k €	+38.2%	109 k €	+9.4%	99,6 k €	-13.4%	115 k €	-5.3%	121,5 k €	-30.1%	173,9 k €	+5.5%	164,8 k €	+418%	31,8 k €	-68.7%	101,8 k €	-38.0%	164 k €	-20.4%	206 k €	+120%	93,7 k €	+56.1%	60 k €	+12.9%	53,1 k €
Operating result	-51 k €	-18.0%	-43,2 k €	+21.7%	-55,2 k €	+12.5%	-63,1 k €	+26.5%	-85,8 k €	-281%	-22,5 k €	+32.4%	-33,3 k €	-526%	7,8 k €	-71.3%	27,3 k €	-19.1%	33,7 k €	-61.2%	86,9 k €	+10.2%	78,8 k €	+200%	-78,9 k €	-255%	50,8 k €	-37.7%	81,6 k €	+27.2%	64,1 k €	+195%	-67,3 k €	-248%	45,6 k €	+19.5%	38,2 k €
Net result	-90,7 k €	-5.5%	-86 k €	+14.2%	-100,1 k €	+12.2%	-114 k €	+14.0%	-132,5 k €	-85.6%	-71,4 k €	+40.4%	-119,8 k €	-121%	-54,3 k €	+76.3%	-228,8 k €	-932%	-22,2 k €	-179%	28,2 k €	+191%	-30,8 k €	+86.6%	-229,9 k €	-149%	473,6 k €	+4010%	-12,1 k €	+89.3%	-113,1 k €	+55.2%	-252,4 k €	-2729%	9,6 k €	+129%	4,2 k €
Balance sheet
Equity	149,8 k €	-37.7%	240,5 k €	-26.3%	326,4 k €	-23.5%	426,6 k €	-21.1%	540,6 k €	-28.7%	758,6 k €	-8.6%	830 k €	-12.6%	949,8 k €	-5.4%	1 M €	-18.6%	1,2 M €	-1.8%	1,3 M €	+2.3%	1,2 M €	-2.4%	1,3 M €	-15.5%	1,5 M €	+46.7%	1 M €	-1.2%	1 M €	-9.9%	1,1 M €	+3036%	36,3 k €	+35.9%	26,7 k €
Total assets	2,2 M €	-9.8%	2,4 M €	-9.2%	2,7 M €	-7.6%	2,9 M €	+4.5%	2,8 M €	-33.3%	4,1 M €	+6.7%	3,9 M €	+16.0%	3,3 M €	-1.4%	3,4 M €	-7.2%	3,7 M €	-2.6%	3,8 M €	-1.0%	3,8 M €	-1.6%	3,9 M €	-7.8%	4,2 M €	-9.4%	4,6 M €	+11.0%	4,2 M €	+9.4%	3,8 M €	+517%	615,7 k €	-2.3%	630,1 k €
Cash	14 k €	-36.9%	22,3 k €	-63.3%	60,7 k €	-18.9%	74,9 k €	+154%	29,5 k €	-13.3%	34 k €	-42.6%	59,2 k €	+137%	25 k €	+116%	11,6 k €	-21.2%	14,7 k €	+3.5%	14,2 k €	+84.9%	7,7 k €	+4014%	187 €	-99.6%	44,9 k €	+491%	7,6 k €	-21.7%	9,7 k €	+14.8%	8,5 k €		–		–
Debts	2 M €	-6.8%	2,2 M €	-7.0%	2,3 M €	-4.8%	2,5 M €	+10.6%	2,2 M €	-34.1%	3,4 M €	+11.1%	3 M €	+27.3%	2,4 M €	+0.5%	2,4 M €	-1.6%	2,4 M €	-3.0%	2,5 M €	-2.6%	2,6 M €	-1.3%	2,6 M €	-3.7%	2,7 M €	-25.2%	3,6 M €	+15.1%	3,1 M €	+17.6%	2,7 M €	+359%	579,4 k €	-4.0%	603,4 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 23 ended

Active mandates

Sybille Raskin

Director

Active

Ended mandates

Sybille Raskin

Director · since 21 février 2022 · until 30 juin 2028

Ended

Sybille Raskin

Director · since 06 octobre 2016 · until 30 juin 2022

Ended

BRUGEVAL

Director · since 03 octobre 2016 · until 30 juin 2022 · 0454.334.736

Represented by Sybille Raskin

Ended

Sybille Raskin

Director · since 03 octobre 2016 · until 30 juin 2022

Ended

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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	31/08/2026	26/08/2025	30/08/2024	31/07/2023	29/07/2022	29/06/2021
General meeting	27/08/2026	21/08/2025	14/08/2024	30/06/2023	28/06/2022	21/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/08/2026	31/08/2026	French	PDF
Abridged model	31/12/2024	21/08/2025	26/08/2025	French	PDF
Abridged model	31/12/2023	14/08/2024	30/08/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	31/07/2023	French	PDF
Abridged model	31/12/2021	28/06/2022	29/07/2022	French	PDF
Abridged model	31/12/2020	21/06/2021	29/06/2021	French	PDF
Abridged model	31/12/2019	21/10/2020	30/10/2020	French	PDF
Abridged model	31/12/2018	25/06/2019	01/07/2019	French	PDF
Abridged model	31/12/2017	26/07/2018	30/07/2018	French	PDF
Abridged model	31/12/2016	20/06/2017	31/07/2017	French	PDF
Abridged modelCorrection	31/12/2015	22/08/2016	30/09/2016	French	PDF
Abridged model	31/12/2015	22/08/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	19/10/2015	26/10/2015	French	PDF
Abridged model	31/12/2013	23/09/2014	13/10/2014	French	PDF
Abridged model	31/12/2012	20/03/2013	28/03/2013	French	PDF
Abridged model	31/12/2011	27/03/2012	17/08/2012	French	PDF
Abridged model	31/12/2010	29/03/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	30/03/2010	20/08/2010	French	PDF
Abridged model	31/12/2008	31/03/2009	21/08/2009	French	PDF
Abridged model	31/12/2007	25/03/2008	21/08/2008	French	PDF
Abridged model	31/12/2006	27/03/2007	30/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 23 ended

Active mandates

Sybille Raskin

Director

Active

Ended mandates

Sybille Raskin

Director · since 21 février 2022 · until 30 juin 2028

Ended

Sybille Raskin

Director · since 06 octobre 2016 · until 30 juin 2022

Ended

BRUGEVAL

Director · since 03 octobre 2016 · until 30 juin 2022 · 0454.334.736

Represented by Sybille Raskin

Ended

Sybille Raskin

Director · since 03 octobre 2016 · until 30 juin 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/03/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates17/11/2016
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates22/04/2013
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates22/04/2013
DEMISSIONS, NOMINATIONS
PDF
Registered office10/04/2013
SIEGE SOCIAL
PDF
Capital / shares08/02/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates09/11/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates10/04/2008
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
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 2025-90,7 k €↓
2024
Annual accounts 2024-86 k €↑
2023
Annual accounts 2023-100,1 k €↑
2022
Annual accounts 2022-114 k €↑
2021
Annual accounts 2021-132,5 k €↓
2019
Annual accounts 2019-71,4 k €↑
2018
Annual accounts 2018-119,8 k €↓
2017
Annual accounts 2017-54,3 k €↑
2016
Annual accounts 2016-228,8 k €↓
2015
Annual accounts 2015-22,2 k €↓
2014
Annual accounts 201428,2 k €↑
2013
Annual accounts 2013-30,8 k €↑
2012
Annual accounts 2012-229,9 k €↓
2011
Annual accounts 2011473,6 k €↑
2010
Annual accounts 2010-12,1 k €↑
2009
Annual accounts 2009-113,1 k €↑
2008
Annual accounts 2008-252,4 k €↓
2007
Annual accounts 20079,6 k €↑
2006
Annual accounts 20064,2 k €
04/02/1975
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

Men

Overview

What does Men 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