ACTIVE

MMS Communications Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result-2,4 M €-70,9 %over 1 year
Revenue32,5 M €-2,3 %over 1 year
Equity-8,2 M €-41,2 %over 1 year
Workforce200,5 ETP+6,2 %over 1 year

Identity

Source · BCE/KBO

MMS Communications Belgium is a Private limited company incorporated in 1985. Its main activity is: Advertising agencies. Its registered office is in Saint-Josse-ten-Noode. It employs on average 200,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0427.878.975
Incorporation
26/09/1985
Legal form
Private limited company
Registered office
Avenue du Boulevard 21
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Contributed capital
16 758 010,97 €
Latest accounts
31/12/2025
Average workforce
200,5 ETP
Joint committees (1)
  • 200
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 26 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue32,5 M €33,2 M €164,5 M €154,1 M €106,8 M €
EBITDA-1,8 M €43,7 k €-8,9 M €492,6 k €-347,5 k €
Operating result-2,1 M €-637,7 k €-4,8 M €165,6 k €-776 k €
Net result-2,4 M €-1,4 M €-5,5 M €-97,4 k €-857,1 k €
Balance sheet
Equity-8,2 M €-5,8 M €-4,4 M €1,1 M €-15,1 M €
Total assets61,1 M €58,8 M €60,3 M €69,2 M €42 M €
Cash63,5 €100,8 k €572,4 k €1,3 M €820,7 k €
Debts68,8 M €63,9 M €64,7 M €68,1 M €57,1 M €
Other
Workforce200,5 ETP188,8 ETP192,9 ETP163,7 ETP143,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 36 ended

Active mandates

Charlotte FRIJNS

Director · since 22 octobre 2025 · until 30 juillet 2026

Active
Gautier PICQUET

Managing director · since 22 octobre 2025 · until 30 juillet 2026

Active

Ended mandates

Charlotte FRIJNS

Director · since 01 février 2024 · until 31 juillet 2025

Ended
Charlotte FRIJNS

Director · since 01 février 2024

Ended
Gautier PICQUET

Managing director · since 01 février 2024 · until 31 juillet 2025

Ended
Gautier PICQUET

Managing director · since 01 février 2024

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date30/07/202604/11/202520/11/202431/07/202312/07/202222/07/2021
General meeting30/07/202622/10/202504/11/202431/07/202330/06/202220/07/2021
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, 26 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/07/202630/07/2026FrenchPDF
Full model31/12/202422/10/202504/11/2025FrenchPDF
Full model31/12/202304/11/202420/11/2024FrenchPDF
Full model31/12/202231/07/202331/07/2023FrenchPDF
Full model31/12/202130/06/202212/07/2022FrenchPDF
Full model31/12/202020/07/202122/07/2021FrenchPDF
Full model31/12/201915/12/202015/12/2020FrenchPDF
Full model31/12/201831/12/201909/03/2020FrenchPDF
Full model31/12/201722/03/201904/04/2019FrenchPDF
Abridged model31/12/201630/08/201731/08/2017FrenchPDF
Full model31/12/201529/12/201620/01/2017FrenchPDF
Full modelCorrection31/12/201430/06/201531/08/2015FrenchPDF
Full model31/12/201430/06/201512/08/2015FrenchPDF
Full model31/12/201316/04/201428/08/2014FrenchPDF
Full model31/12/201217/04/201314/05/2013FrenchPDF
Full model31/12/201118/04/201224/05/2012FrenchPDF
Full model31/12/201020/04/201110/05/2011FrenchPDF
Consolidated accounts31/12/201007/06/201108/07/2011FrenchPDF
Full model31/12/200921/04/201011/05/2010FrenchPDF
Consolidated accounts31/12/200901/06/201025/06/2010FrenchPDF
Full model31/12/200815/04/200904/05/2009FrenchPDF
Consolidated accounts31/12/200809/06/200926/06/2009FrenchPDF
Full model31/12/200716/04/200815/05/2008FrenchPDF
Consolidated accounts31/12/200701/01/999928/08/2008FrenchPDF

View all 26 filings

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 36 ended

Active mandates

Charlotte FRIJNS

Director · since 22 octobre 2025 · until 30 juillet 2026

Active
Gautier PICQUET

Managing director · since 22 octobre 2025 · until 30 juillet 2026

Active

Ended mandates

Charlotte FRIJNS

Director · since 01 février 2024 · until 31 juillet 2025

Ended
Charlotte FRIJNS

Director · since 01 février 2024

Ended
Gautier PICQUET

Managing director · since 01 février 2024 · until 31 juillet 2025

Ended
Gautier PICQUET

Managing director · since 01 février 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other29/07/2026
    DIVERS
    PDF
  • Mandates08/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office16/01/2026
    SIEGE SOCIAL
    PDF
  • Mandates25/11/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/06/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/05/2024
    DEMISSIONS, NOMINATIONS
    PDF

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

See the Business plan

Timeline

  1. 28/04/2026
    nominationDavy Mariette Hubert Caluwaerts — personne déléguée à la gestion journalière (Chief Executive Officer)
  2. 2025
    Annual accounts 2025-2,4 M €↓
  3. 01/02/2025
    nominationMarc Chevènement — Directeur Général de Division de Re:Sources
  4. 2024
    Annual accounts 2024-1,4 M €↑
  5. 04/11/2024
    nominationFabian Branswyk — commissaire aux comptes
  6. 04/11/2024
    reconductionGautier Picquet — administrateur
  7. 04/11/2024
    reconductionCharlotte Frijns — administrateur
  8. 01/02/2024
    nominationCharlotte Frijns — administrateur
  9. 01/02/2024
    nominationGautier Picquet — administrateur
  10. 2023
    Annual accounts 2023-5,5 M €↓
  11. 14/03/2023
    revocationChristopher Mark Crowther — Directeur Général de Division de Re:Sources
  12. 14/03/2023
    reconductionTheodoros Birmpoutsoukis — Directeur Général de Division de Kekst CNC
  13. 14/03/2023
    nominationChristopher Mark Crowther — Directeur Général de Division
  14. 14/03/2023
    reconductionTheodoros Birmpoutsoukis — Directeur Général de Division
  15. 14/03/2023
    nominationChristopher Mark Crowther — Directeur Général de Division de Re:Sources
  16. 2022
    Annual accounts 2022-97,4 k €↑
  17. 2021
    Annual accounts 2021-857,1 k €↑
  18. 2020
    Annual accounts 2020-3,4 M €↓
  19. 2019
    Annual accounts 2019359,3 k €↓
  20. 2018
    Annual accounts 20181,8 M €↑
  21. 2017
    Annual accounts 2017-15,3 M €↓
  22. 2016
    Annual accounts 2016135 k €↓
  23. 2015
    Annual accounts 2015158,8 k €↓
  24. 2014
    Annual accounts 2014162,1 k €↓
  25. 2013
    Annual accounts 2013169,2 k €↓
  26. 2012
    Annual accounts 2012208,9 k €↓
  27. 2011
    Annual accounts 2011214 k €↑
  28. 2010
    Annual accounts 2010-2,1 M €↓
  29. 2009
    Annual accounts 2009117,5 k €↓
  30. 2008
    Annual accounts 2008535,9 k €↑
  31. 2007
    Annual accounts 2007-246,7 k €↓
  32. 2006
    Annual accounts 20061,8 M €
  33. 26/09/1985
    IncorporationPrivate limited company