ACTIVE

MABECON

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Financial year 2025 · closed on 31/12/2025
Net result
-116,5 k €
-52.0% YoY
Gross margin
113,5 k €
-1.6% YoY
Equity
651,6 k €
-15.2% YoY
Workforce
2,0 ETP
0.0% YoY

What does MABECON do?

MABECON is a Public limited company incorporated in 1981. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Antwerpen. It employs on average 2,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0421.581.301
Incorporation
23/04/1981
Legal form
Public limited company
Registered office
Mediaplein 1
2018 Antwerpen · FlandreSee on map
Contributed capital
1 022 808,68 €
Latest accounts
31/12/2025
Average workforce
2,0 ETP
Activities (NACE)
69203Accounting, bookkeeping and auditing activities; tax consultancy· main69203Accounting, bookkeeping and auditing activities; tax consultancy70200Management consultancy activities70220Business and other management consultancy activities74123Specialised design activities
Joint committees (1)
  • 100
Signals
Solid equityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin113,5 k €115,4 k €83 k €116 k €99,5 k €105,5 k €103,5 k €96,6 k €106,9 k €99,7 k €102,7 k €104,1 k €89,2 k €79,2 k €103,4 k €95,6 k €88,8 k €93,1 k €
EBITDA-44,1 k €-37 k €-67,1 k €-31,3 k €-41,7 k €45,9 k €57,2 k €42,5 k €52,5 k €52 k €63,7 k €64,6 k €77,4 k €66,6 k €81,6 k €73,8 k €69,2 k €58,6 k €
Operating result-120,6 k €-77,2 k €-103,2 k €-73,3 k €-94,5 k €-18,5 k €10,3 k €-4,1 k €8,1 k €14,8 k €25,3 k €36,2 k €54,7 k €41,9 k €33,7 k €3,7 k €-7,8 k €-16,1 k €
Net result-116,5 k €-76,7 k €-103,3 k €-72,9 k €-94,3 k €-14,8 k €13,1 k €-2,5 k €12,9 k €24,1 k €37,2 k €49,8 k €61,1 k €45,6 k €39 k €4,2 k €-12,8 k €-16,7 k €
Balance sheet
Equity651,6 k €768,2 k €844,8 k €948,1 k €1 M €1,2 M €1,2 M €1,2 M €1,2 M €1,2 M €1,2 M €1,1 M €1,1 M €1 M €960,9 k €921,9 k €917,6 k €930,4 k €
Total assets1,3 M €1,1 M €1,1 M €1,1 M €1 M €1,2 M €1,2 M €1,2 M €1,2 M €1,2 M €1,2 M €1,1 M €1,1 M €1 M €971,9 k €959,1 k €1 M €1,1 M €
Cash75 k €80,3 k €50,8 k €80,9 k €15 k €110,4 k €189,8 k €163,2 k €219,4 k €121,9 k €95,1 k €–78,6 k €–––––
Debts689,6 k €342 k €208,7 k €129,7 k €24,1 k €24,4 k €18,5 k €12,8 k €18,5 k €24,7 k €4,9 k €6,4 k €11,6 k €11,3 k €11,1 k €37 k €111,9 k €138 k €
Other
Workforce2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP–––0,8 ETP0,8 ETP0,5 ETP0,5 ETP–1,4 ETP1,4 ETP1,4 ETP1,4 ETP1,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 9 ended

Active mandates

Caroline Van Thillo

Director · since 26 mai 2021 · until 26 mai 2027

Active
Christian Van Thillo

Managing director · since 26 mai 2021 · until 26 mai 2027

Active
Christophe Convent

Director · since 26 mai 2021 · until 26 mai 2027

Active
Emmanuel Van Thillo

Director · since 26 mai 2021 · until 26 mai 2027

Active

Ended mandates

Caroline Van Thillo

Director · since 23 juin 2015 · until 26 mai 2021

Ended
Christian Van Thillo

Managing director · since 23 juin 2015 · until 26 mai 2021

Ended
Christophe Convent

Director · since 23 juin 2015 · until 26 mai 2021

Ended
Emmanuel Van Thillo

Director · since 23 juin 2015 · until 26 mai 2021

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 date28/05/202616/06/202522/07/202406/07/202324/06/202225/06/2021
General meeting27/05/202628/05/202528/06/202430/06/202325/05/202226/05/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/05/202628/05/2026DutchPDF
Abridged model31/12/202428/05/202516/06/2025DutchPDF
Abridged model31/12/202328/06/202422/07/2024DutchPDF
Abridged model31/12/202230/06/202306/07/2023DutchPDF
Abridged model31/12/202125/05/202224/06/2022DutchPDF
Abridged model31/12/202026/05/202125/06/2021DutchPDF
Abridged model31/12/201922/06/202003/07/2020DutchPDF
Micro model31/12/201830/06/201930/07/2019DutchPDF
Micro model31/12/201731/07/201822/08/2018DutchPDF
Micro model31/12/201604/08/201725/08/2017DutchPDF
Abridged model31/12/201529/06/201611/07/2016DutchPDF
Abridged model31/12/201423/06/201531/08/2015DutchPDF
Abridged model31/12/201330/06/201420/08/2014DutchPDF
Abridged model31/12/201214/06/201329/08/2013DutchPDF
Abridged model31/12/201120/06/201227/08/2012DutchPDF
Abridged model31/12/201025/05/201122/08/2011DutchPDF
Abridged model31/12/200926/05/201022/07/2010DutchPDF
Abridged model31/12/200827/05/200931/07/2009DutchPDF
Abridged modelCorrection31/12/200718/09/200826/09/2008DutchPDF
Abridged model31/12/200728/05/200819/08/2008DutchPDF
Abridged model31/12/200631/05/200707/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 9 ended

Active mandates

Caroline Van Thillo

Director · since 26 mai 2021 · until 26 mai 2027

Active
Christian Van Thillo

Managing director · since 26 mai 2021 · until 26 mai 2027

Active
Christophe Convent

Director · since 26 mai 2021 · until 26 mai 2027

Active
Emmanuel Van Thillo

Director · since 26 mai 2021 · until 26 mai 2027

Active

Ended mandates

Caroline Van Thillo

Director · since 23 juin 2015 · until 26 mai 2021

Ended
Christian Van Thillo

Managing director · since 23 juin 2015 · until 26 mai 2021

Ended
Christophe Convent

Director · since 23 juin 2015 · until 26 mai 2021

Ended
Emmanuel Van Thillo

Director · since 23 juin 2015 · until 26 mai 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office03/07/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office22/10/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other11/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office26/09/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/10/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/07/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/01/2010
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025-116,5 k €↓
  2. 2024
    Annual accounts 2024-76,7 k €↑
  3. 2023
    Annual accounts 2023-103,3 k €↓
  4. 2022
    Annual accounts 2022-72,9 k €↑
  5. 2021
    Annual accounts 2021-94,3 k €↓
  6. 2018
    Annual accounts 2018-14,8 k €↓
  7. 2017
    Annual accounts 201713,1 k €↑
  8. 2016
    Annual accounts 2016-2,5 k €↓
  9. 2015
    Annual accounts 201512,9 k €↓
  10. 2014
    Annual accounts 201424,1 k €↓
  11. 2013
    Annual accounts 201337,2 k €↓
  12. 2012
    Annual accounts 201249,8 k €↓
  13. 2011
    Annual accounts 201161,1 k €↑
  14. 2010
    Annual accounts 201045,6 k €↑
  15. 2009
    Annual accounts 200939 k €↑
  16. 2008
    Annual accounts 20084,2 k €↑
  17. 2007
    Annual accounts 2007-12,8 k €↑
  18. 2006
    Annual accounts 2006-16,7 k €
  19. 23/04/1981
    IncorporationPublic limited company