ACTIVE

MB SYSTEMS

Financial year 2025 · closed on 30/06/2025
Net result
-3,7 k €
+28.3% YoY
Gross margin
-2 k €
+53.1% YoY
Equity
-37,4 k €
-10.9% YoY

What does MB SYSTEMS do?

MB SYSTEMS is a Public limited company incorporated in 1981. Its registered office is in Oostrozebeke.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0422.269.902
Incorporation
18/12/1981
Legal form
Public limited company
Registered office
Ingelmunstersteenweg 158
8780 Oostrozebeke · FlandreSee on map
Contributed capital
229 301,51 €
Latest accounts
30/06/2025
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222019201820172016201520142013201220112010200920082007
Income statement
Gross margin-2 k €-4,3 k €-2 k €-1,5 k €-1,1 k €-796,2 €-1,3 k €-650 €-4,7 k €5,9 k €-14,9 k €-8,3 k €-15,3 k €20,8 k €31,7 k €27,1 k €22,2 k €
EBITDA-8,2 k €-5 k €-2,5 k €-1,9 k €-1,9 k €-1,4 k €-1,9 k €-1,2 k €-5,4 k €1,3 k €-21,1 k €-14,9 k €-25,6 k €16,3 k €27,6 k €23,1 k €18,3 k €
Operating result-3,6 k €-5 k €-2,5 k €-1,9 k €-1,9 k €-1,4 k €-1,9 k €-1,2 k €-5,4 k €-12,6 k €-34,9 k €-28,7 k €-314 €-11,1 k €27,3 k €23,1 k €18,3 k €
Net result-3,7 k €-5,1 k €-2,6 k €-2,7 k €-5,5 k €-4,6 k €-4,8 k €-378,5 k €2,1 k €359,9 k €-69,7 k €-35,1 k €1,6 k €-8,7 k €25,8 k €20,8 k €14,4 k €
Balance sheet
Equity-37,4 k €-33,7 k €-28,5 k €-26 k €-149,6 k €-144,1 k €-139,5 k €-134,7 k €243,9 k €241,7 k €66,5 k €136,2 k €171,3 k €169,6 k €178,4 k €152,5 k €131,7 k €
Total assets404 €411,3 €1,2 k €424,1 €50,6 k €49,3 k €60,8 k €59,8 k €430 k €453,2 k €305,4 k €378,2 k €453,2 k €348,8 k €429,1 k €305,5 k €276,4 k €
Cash113,6 €135,3 €6,5 €148,1 €1,5 k €1,6 k €1,7 k €1,8 k €1,8 k €1,8 k €188 €26 €36,1 k €26,4 k €14 k €2,3 k €2,3 k €
Debts37,8 k €34,1 k €29,4 k €26,1 k €199,1 k €192,8 k €200,3 k €194,4 k €186,1 k €211,4 k €238,4 k €241,9 k €279,5 k €177,2 k €248,8 k €149,8 k €141,9 k €
Other
Workforce0,0 ETP
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 21 ended

Active mandates

Johan Meulebroeck

Managing director · since 19 octobre 2023

Active

Ended mandates

Johan Meulebroeck

Director · since 19 octobre 2023

Ended
Ivette Buyse

Director · since 31 décembre 2022 · until 09 octobre 2023

Ended
Raphaël Meulebroeck

Director · since 31 décembre 2022 · until 09 octobre 2023

Ended
Ivette Buyse

Director · since 26 novembre 2016 · until 26 novembre 2022

Ended
At this address

Other companies at this address

CompanyCBE no.
0413.269.686
0445.204.858
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date12/12/202513/01/202505/01/202413/02/202328/01/202228/01/2021
General meeting29/11/202517/12/202425/11/202331/12/202227/11/202128/11/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202529/11/202512/12/2025DutchPDF
Abridged model30/06/202417/12/202413/01/2025DutchPDF
Abridged model30/06/202325/11/202305/01/2024DutchPDF
Abridged model30/06/202231/12/202213/02/2023DutchPDF
Abridged model30/06/202127/11/202128/01/2022DutchPDF
Abridged model30/06/202028/11/202028/01/2021DutchPDF
Abridged model30/06/201930/11/201923/12/2019DutchPDF
Abridged model30/06/201831/12/201830/01/2019DutchPDF
Abridged model30/06/201731/12/201731/01/2018DutchPDF
Abridged model30/06/201626/11/201613/01/2017DutchPDF
Abridged model30/06/201526/12/201508/01/2016DutchPDF
Abridged model30/06/201429/11/201423/12/2014DutchPDF
Abridged model30/06/201330/11/201304/12/2013DutchPDF
Abridged model30/06/201224/11/201220/12/2012DutchPDF
Abridged model30/06/201131/12/201123/01/2012DutchPDF
Abridged model30/06/201031/12/201014/02/2011DutchPDF
Abridged model30/06/200931/12/200929/01/2010DutchPDF
Abridged model30/06/200829/11/200816/12/2008DutchPDF
Abridged model30/06/200724/11/200704/12/2007DutchPDF
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 30/06/2025 · 1 active · 21 ended

Active mandates

Johan Meulebroeck

Managing director · since 19 octobre 2023

Active

Ended mandates

Johan Meulebroeck

Director · since 19 octobre 2023

Ended
Ivette Buyse

Director · since 31 décembre 2022 · until 09 octobre 2023

Ended
Raphaël Meulebroeck

Director · since 31 décembre 2022 · until 09 octobre 2023

Ended
Ivette Buyse

Director · since 26 novembre 2016 · until 26 novembre 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/11/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office07/09/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates23/02/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/02/2013
    MAATSCHAPPELIJKE ZETEL - BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office09/11/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates10/06/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/02/2009
    ONTSLAGEN - BENOEMINGEN
    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 2025-3,7 k €
  2. 2024
    Annual accounts 2024-5,1 k €
  3. 2023
    Annual accounts 2023-2,6 k €
  4. 2022
    Annual accounts 2022-2,7 k €
  5. 2019
    Annual accounts 2019-5,5 k €
  6. 2018
    Annual accounts 2018-4,6 k €
  7. 2017
    Annual accounts 2017-4,8 k €
  8. 2016
    Annual accounts 2016-378,5 k €
  9. 2015
    Annual accounts 20152,1 k €
  10. 2014
    Annual accounts 2014359,9 k €
  11. 2013
    Annual accounts 2013-69,7 k €
  12. 2012
    Annual accounts 2012-35,1 k €
  13. 2011
    Annual accounts 20111,6 k €
  14. 2010
    Annual accounts 2010-8,7 k €
  15. 2009
    Annual accounts 200925,8 k €
  16. 2008
    Annual accounts 200820,8 k €
  17. 2007
    Annual accounts 200714,4 k €
  18. 18/12/1981
    IncorporationPublic limited company