ACTIVE

MENATAM

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Financial year 2025 · Closed on 31/12/2025

Net result1,4 M €-15,0 %over 1 year
Revenue132,1 M €+3,9 %over 1 year
Equity27,1 M €-2,3 %over 1 year
Workforce299,9 ETP-1,3 %over 1 year

Identity

Source · BCE/KBO

MENATAM is a Public limited company incorporated in 1980. Its main activity is: Joinery installation. Its registered office is in Namur. It employs on average 299,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0421.312.867
Incorporation
18/12/1980
Legal form
Public limited company
Registered office
Rue du Réemploi(RH) 4
5020 Namur · WallonieSee on map
Contributed capital
6 172 972,00 €
Latest accounts
31/12/2025
Average workforce
299,9 ETP
Joint committees (4)
  • 124
  • 14901
  • 201
  • 311
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 41 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue132,1 M €127,2 M €133,9 M €139,8 M €141,8 M €
EBITDA3 M €4,1 M €6,5 M €7,8 M €10,5 M €
Operating result2 M €466,7 k €3 M €4,1 M €7,4 M €
Net result1,4 M €1,6 M €3,4 M €3,9 M €6,4 M €
Balance sheet
Equity27,1 M €27,7 M €26 M €22,6 M €19,8 M €
Total assets80,9 M €71,7 M €73,8 M €70,1 M €70,3 M €
Cash5,3 M €3,1 M €9,8 M €11,7 M €18 M €
Debts49,4 M €39,6 M €43,8 M €43,6 M €47,7 M €
Other
Workforce299,9 ETP303,9 ETP320,0 ETP329,1 ETP311,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2021

8 active · 42 ended

Last known composition, from the accounts closed on 31/12/2021, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Christopher Stenzel

Director · since 01 janvier 2022 · until 30 juin 2028

Active
Françoise Burlet

Director · since 23 juin 2021 · until 30 juin 2023

Active
Matthias KEUDEL

Director · since 01 janvier 2021 · until 30 juin 2024

Active
Marc DAEFFLER

Director · since 25 juin 2020 · until 24 juin 2022

Active
Paul DAVID

Director · since 01 mars 2020 · until 30 juin 2026

Active
IMETAM

Managing director · since 29 juin 2017 · until 30 juin 2023 · 0433.658.690

Represented by Philippe TAMINIAUX

Active
Karsten RISSER

Director · since 29 juin 2017 · until 31 décembre 2021

Active
SOMATAM

Director · since 29 juin 2017 · until 28 juin 2023 · 0503.810.278

Represented by Frédéric TAMINIAUX

Active

Ended mandates

Matthias Keudel

Director · since 01 janvier 2021

Ended
Marc Daeffler

Director · since 25 juin 2020 · until 30 juin 2022

Ended
Oliver Streit

Director · since 01 janvier 2018 · until 31 décembre 2020

Ended
Oliver STREIT

Director · since 01 janvier 2018 · until 28 juin 2023

Ended

Other companies at this address

Rue du Réemploi(RH) 4 5020 Namur
CompanyCBE no.
EGGO GROUP● Active
0864.980.969
FESTIVAL NATURE NAMUR● Active
0455.449.246
IMETAM● Active
0433.658.690
SENETAM● Active
0666.944.680
Tam Invest● Active
1010.661.311
UNITE T.V.A. LEE● Active
0845.546.228
VERL PROPRIETAIRE , SERVICE ET ADMINISTRATION● Active
0873.822.322

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelConsolidated accountsFull modelConsolidated accountsFull modelConsolidated accounts
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 date14/07/202623/07/202511/07/202425/07/202319/07/202209/07/2021
General meeting05/06/202630/06/202527/06/202422/06/202324/06/202223/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 41 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/06/202614/07/2026FrenchPDF
Full model31/12/202430/06/202522/07/2025FrenchPDF
Consolidated accounts31/12/202430/06/202523/07/2025FrenchPDF
Full model31/12/202327/06/202411/07/2024FrenchPDF
Consolidated accounts31/12/202327/06/202410/07/2024FrenchPDF
Full model31/12/202222/06/202310/07/2023FrenchPDF
Consolidated accounts31/12/202222/06/202325/07/2023FrenchPDF
Full modelCorrection31/12/202124/06/202219/12/2022FrenchPDF
Full model31/12/202124/06/202219/07/2022FrenchPDF
Consolidated accounts31/12/202115/07/202220/07/2022FrenchPDF
Full model31/12/202023/06/202108/07/2021FrenchPDF
Consolidated accounts31/12/202023/06/202109/07/2021FrenchPDF
Full model31/12/201925/06/202012/08/2020FrenchPDF
Consolidated accounts31/12/201925/06/202012/08/2020FrenchPDF
Full model31/12/201826/06/201924/07/2019FrenchPDF
Consolidated accounts31/12/201826/06/201924/07/2019FrenchPDF
Full model31/12/201722/06/201819/07/2018FrenchPDF
Consolidated accounts31/12/201722/06/201808/08/2018FrenchPDF
Full modelCorrection31/12/201629/06/201727/11/2017FrenchPDF
Full model31/12/201629/06/201729/09/2017FrenchPDF
Consolidated accountsCorrection31/12/201629/06/201727/11/2017FrenchPDF
Consolidated accounts31/12/201629/06/201729/09/2017FrenchPDF
Full model31/12/201527/06/201626/08/2016FrenchPDF
Consolidated accounts31/12/201527/06/201626/08/2016FrenchPDF

View all 41 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/12/2021

8 active · 42 ended

Last known composition, from the accounts closed on 31/12/2021, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Christopher Stenzel

Director · since 01 janvier 2022 · until 30 juin 2028

Active
Françoise Burlet

Director · since 23 juin 2021 · until 30 juin 2023

Active
Matthias KEUDEL

Director · since 01 janvier 2021 · until 30 juin 2024

Active
Marc DAEFFLER

Director · since 25 juin 2020 · until 24 juin 2022

Active
Paul DAVID

Director · since 01 mars 2020 · until 30 juin 2026

Active
IMETAM

Managing director · since 29 juin 2017 · until 30 juin 2023 · 0433.658.690

Represented by Philippe TAMINIAUX

Active
Karsten RISSER

Director · since 29 juin 2017 · until 31 décembre 2021

Active
SOMATAM

Director · since 29 juin 2017 · until 28 juin 2023 · 0503.810.278

Represented by Frédéric TAMINIAUX

Active

Ended mandates

Matthias Keudel

Director · since 01 janvier 2021

Ended
Marc Daeffler

Director · since 25 juin 2020 · until 30 juin 2022

Ended
Oliver Streit

Director · since 01 janvier 2018 · until 31 décembre 2020

Ended
Oliver STREIT

Director · since 01 janvier 2018 · until 28 juin 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/08/2026
    Nomination d'un Commissaire-réviseur d'entreprises
    PDF
  • Mandates24/02/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office20/06/2024
    SIEGE SOCIAL
    PDF
  • Mandates04/03/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/09/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/09/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/08/2023
    DEMISSIONS, NOMINATIONS
    PDF

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 20251,4 M €↓
  2. 31/01/2025
    split
  3. 2024
    Annual accounts 20241,6 M €↓
  4. 2023
    Annual accounts 20233,4 M €↓
  5. 01/09/2023
    nominationMélanie Adorante — commissaire
  6. 03/07/2023
    nominationSRL SOMATAM — administrateur-délégué
  7. 22/06/2023
    reconductionIMETAM SA — administrateur
  8. 22/06/2023
    reconductionSOMATAM SRL — administrateur
  9. 22/06/2023
    reconductionFrançoise Burlet — administrateur
  10. 22/06/2023
    nominationPhilippe Giovanni — administrateur
  11. 2022
    Annual accounts 20223,9 M €↓
  12. 01/01/2022
    nominationChristopher STENZEL — administrateur
  13. 2021
    Annual accounts 20216,4 M €↑
  14. 23/06/2021
    nominationFrançoise Burlet — administrateur indépendant
  15. 2020
    Annual accounts 20204,8 M €↓
  16. 2019
    Annual accounts 20195,6 M €↑
  17. 2018
    Annual accounts 20184,5 M €↑
  18. 2017
    Annual accounts 20174 M €↑
  19. 2016
    Annual accounts 2016506,6 k €↑
  20. 2015
    Annual accounts 2015-2,8 M €↓
  21. 2014
    Annual accounts 2014-1 k €↓
  22. 2013
    Annual accounts 20131,2 M €↑
  23. 2012
    Annual accounts 2012769,7 k €↓
  24. 2011
    Annual accounts 2011979,8 k €↑
  25. 2010
    Annual accounts 2010937,2 k €↑
  26. 2010
    Name changeEGGO
  27. 2009
    Annual accounts 2009-131,2 k €↓
  28. 2008
    Annual accounts 2008-93,9 k €↓
  29. 2007
    Annual accounts 2007191,9 k €
  30. 2007
    Name changeMENATAM
  31. 18/12/1980
    IncorporationPublic limited company