ACTIVE

M-Services

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Financial year 2025 · closed on 31/12/2025

Net result

41,7 k €

+11.0% YoY

Gross margin

364,6 k €

-45.6% YoY

Equity

260 k €

+19.1% YoY

Workforce

7,1 ETP

-2.7% YoY

What does M-Services do?

M-Services is a Public limited company incorporated in 1988. Its registered office is in Brasschaat. It employs on average 7,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0436.489.310

Incorporation

01/09/1988

Legal form

Public limited company

Registered office

Dennenlei 8
2930 Brasschaat · FlandreSee on map

Contributed capital

92 000,00 €

Latest accounts

31/12/2025

Average workforce

7,1 ETP

Joint committees (2)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	364,6 k €	-45.6%	669,7 k €	+2.2%	655 k €	+69.6%	386,1 k €	-30.3%	554,2 k €	+25.7%	440,9 k €	+25.9%	350,2 k €	-16.1%	417,5 k €	+41.7%	294,7 k €	+0.4%	293,5 k €	-18.4%	359,7 k €	-2.8%	370,1 k €	-0.8%	373,2 k €	-5.4%	394,3 k €	+41.4%	278,8 k €	+11.8%	249,5 k €
EBITDA	96,7 k €	-58.6%	233,8 k €	+22.5%	190,8 k €	+99.9%	95,4 k €	-46.4%	178 k €	+530%	28,2 k €	-20.5%	35,5 k €	+38.2%	25,7 k €	+183%	-31 k €	-224%	25 k €	+22.9%	20,3 k €	-26.0%	27,5 k €	-6.2%	29,3 k €	-56.7%	67,7 k €	+12.2%	60,3 k €	-11.1%	67,8 k €
Operating result	69,8 k €	-42.6%	121,7 k €	+31.0%	92,9 k €	+6830%	-1,4 k €	+98.5%	-92,5 k €	-462%	25,6 k €	-28.0%	35,5 k €	+54.1%	23 k €	+168%	-34,1 k €	-296%	17,4 k €	+532%	-4 k €	-251%	2,7 k €	+121%	-12,5 k €	-155%	22,7 k €	+76.3%	12,9 k €	-64.7%	36,5 k €
Net result	41,7 k €	+11.0%	37,5 k €	+48.7%	25,2 k €	+170%	-35,9 k €	+85.5%	-246,7 k €	-2033%	12,8 k €	-63.3%	34,7 k €	+2031%	-1,8 k €	-463%	496 €	+11.5%	445 €	+103%	-17,7 k €	-1931%	965,5 €	+103%	-32,2 k €	-3078%	1,1 k €	+110%	-10,4 k €	-11.6%	-9,3 k €
Balance sheet
Equity	260 k €	+19.1%	218,3 k €	+20.8%	180,8 k €	+16.2%	155,6 k €	-92.9%	2,2 M €	+887%	222 k €	+6.1%	209,3 k €	+19.9%	174,5 k €	-1.0%	176,3 k €	+0.3%	175,8 k €	+0.3%	175,4 k €	-9.2%	193,1 k €	+0.5%	192,1 k €	-14.4%	224,3 k €	+0.5%	223,2 k €	-4.5%	233,6 k €
Total assets	884,4 k €	-7.3%	953,9 k €	-14.8%	1,1 M €	-2.4%	1,1 M €	-62.3%	3 M €	+86.7%	1,6 M €	+7.2%	1,5 M €	+6.6%	1,4 M €	+5.0%	1,4 M €	+8.3%	1,3 M €	-1.8%	1,3 M €	+3.1%	1,2 M €	+15.6%	1,1 M €	+4.8%	1 M €	-2.2%	1 M €	+13.0%	924,5 k €
Cash	11,6 k €	-75.0%	46,4 k €	-41.6%	79,5 k €	-18.3%	97,3 k €	+3583%	2,6 k €	+479%	456 €	-53.3%	976 €	+226%	299 €	-99.4%	46,7 k €	+977%	4,3 k €	+43.0%	3 k €	-43.3%	5,4 k €	+32364%	16,5 €	-47.5%	31,4 €	-95.9%	760,3 €	+38.7%	548 €
Debts	624,4 k €	-15.1%	735,5 k €	-21.7%	939,1 k €	-5.3%	991,4 k €	+34.5%	737,1 k €	-43.4%	1,3 M €	+0.5%	1,3 M €	+3.4%	1,3 M €	+8.1%	1,2 M €	+12.3%	1 M €	-4.6%	1,1 M €	+5.3%	1 M €	+20.4%	852,2 k €	+8.7%	784 k €	-2.0%	799,7 k €	+22.2%	654,5 k €
Other
Workforce	7,1 ETP	-2.7%	7,3 ETP	-16.1%	8,7 ETP	-35.6%	13,5 ETP	+90.1%	7,1 ETP		–		7,2 ETP	-17.2%	8,7 ETP	+20.8%	7,2 ETP	-8.9%	7,9 ETP	-26.2%	10,7 ETP	+5.9%	10,1 ETP	-2.9%	10,4 ETP	+1.0%	10,3 ETP	+25.6%	8,2 ETP	+17.1%	7,0 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 · 3 active · 43 ended

Active mandates

Marc Mortier

Managing director · since 02 novembre 2020 · until 24 juin 2025

Active

Maxime Mortier

Director · since 02 novembre 2020 · until 24 juin 2025

Active

AGAMAX

Director · 0861.692.174

Represented by Marc Mortier

Active

Ended mandates

AGAMAX

Director · since 02 novembre 2020 · until 05 novembre 2026 · 0861.692.174

Represented by Marianne Wyckmans

Ended

Marc Mortier

Managing director · since 02 novembre 2020 · until 05 novembre 2026

Ended

Maxime Mortier

Director · since 02 novembre 2020 · until 05 novembre 2026

Ended

Marc Mortier

Director · since 01 avril 2015

Ended

At this address

Other companies at this address

Company	CBE no.
AGAMAX● Active	0861.692.174

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	31/12/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	18 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/08/2026	30/01/2025	29/01/2024	31/01/2023	28/02/2022	08/04/2021
General meeting	26/05/2026	07/11/2024	02/11/2023	03/11/2022	02/11/2021	02/11/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/05/2026	29/08/2026	Dutch	PDF
Abridged model	30/06/2024	07/11/2024	30/01/2025	Dutch	PDF
Abridged model	30/06/2023	02/11/2023	29/01/2024	Dutch	PDF
Abridged model	30/06/2022	03/11/2022	31/01/2023	Dutch	PDF
Abridged model	30/06/2021	02/11/2021	28/02/2022	Dutch	PDF
Abridged model	30/06/2020	02/11/2020	08/04/2021	Dutch	PDF
Abridged model	30/06/2019	02/11/2019	25/02/2020	Dutch	PDF
Abridged model	30/06/2018	02/11/2018	25/03/2019	Dutch	PDF
Micro model	30/06/2017	02/11/2017	20/12/2017	Dutch	PDF
Abridged model	30/06/2016	03/11/2016	13/12/2016	Dutch	PDF
Abridged model	30/06/2015	02/11/2015	31/01/2016	Dutch	PDF
Abridged model	30/06/2014	02/11/2014	29/01/2015	Dutch	PDF
Abridged model	30/06/2013	02/11/2013	31/01/2014	Dutch	PDF
Abridged model	30/06/2012	02/11/2012	28/02/2013	Dutch	PDF
Abridged model	30/06/2011	03/11/2011	09/01/2012	Dutch	PDF
Abridged model	30/06/2010	04/11/2010	26/01/2011	Dutch	PDF
Abridged model	30/06/2009	05/11/2009	27/11/2009	Dutch	PDF
Abridged model	30/06/2008	06/11/2008	27/11/2008	Dutch	PDF
Abridged model	30/06/2007	23/11/2007	02/01/2008	Dutch	PDF

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 · 3 active · 43 ended

Active mandates

Marc Mortier

Managing director · since 02 novembre 2020 · until 24 juin 2025

Active

Maxime Mortier

Director · since 02 novembre 2020 · until 24 juin 2025

Active

AGAMAX

Director · 0861.692.174

Represented by Marc Mortier

Active

Ended mandates

AGAMAX

Director · since 02 novembre 2020 · until 05 novembre 2026 · 0861.692.174

Represented by Marianne Wyckmans

Ended

Marc Mortier

Managing director · since 02 novembre 2020 · until 05 novembre 2026

Ended

Maxime Mortier

Director · since 02 novembre 2020 · until 05 novembre 2026

Ended

Marc Mortier

Director · since 01 avril 2015

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/07/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates24/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring25/01/2018
BENAMING - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring22/11/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates10/01/2017
ONTSLAGEN - BENOEMINGEN
PDF
Other08/07/2016
DIVERSEN
PDF
Mandates21/05/2015
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

2025
Annual accounts 202541,7 k €↑
2025
Name changeM-Services
2024
Annual accounts 202437,5 k €↑
2023
Annual accounts 202325,2 k €↑
2022
Annual accounts 2022-35,9 k €↑
2018
Annual accounts 2018-246,7 k €↓
2018
Name changeBrabants Feestverhuur
2017
Annual accounts 201712,8 k €↓
2016
Annual accounts 201634,7 k €↑
2015
Annual accounts 2015-1,8 k €↓
2014
Annual accounts 2014496 €↑
2013
Annual accounts 2013445 €↑
2012
Annual accounts 2012-17,7 k €↓
2011
Annual accounts 2011965,5 €↑
2010
Annual accounts 2010-32,2 k €↓
2009
Annual accounts 20091,1 k €↑
2008
Annual accounts 2008-10,4 k €↓
2007
Annual accounts 2007-9,3 k €
2007
Name changeBRABANTS OPSLAGBEDRIJF
01/09/1988
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

M-Services

Overview

What does M-Services do?

Trend over 16 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