ACTIVE

L'ECURIE DE MANON

Financial year 2025 · Closed on 30/09/2025

Net result229,2 k €-20,5 %over 1 year
Gross margin341 k €-18,2 %over 1 year
Equity1,2 M €+22,9 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

L'ECURIE DE MANON is a Public limited company incorporated in 1991. Its main activity is: Manufacture of engines and turbines, except aircraft, vehicle and cycle engines. Its registered office is in Waregem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0443.455.888
Incorporation
01/03/1991
Legal form
Public limited company
Registered office
Kruishoutemseweg 179
8790 Waregem · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
30/09/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin341 k €416,9 k €337,8 k €250,4 k €227,7 k €
EBITDA316,8 k €414,3 k €336 k €248,8 k €222,8 k €
Operating result301,1 k €391 k €324,4 k €221 k €191,2 k €
Net result229,2 k €288,3 k €221,4 k €148,2 k €113,9 k €
Balance sheet
Equity1,2 M €1 M €785 k €634,5 k €586,4 k €
Total assets1,5 M €1,4 M €1,1 M €1,2 M €1 M €
Cash211,3 k €295,4 k €758,4 k €624 k €431,3 k €
Debts231,7 k €387,7 k €340,9 k €526,5 k €440 k €
Other
Workforce0,0 ETP0,0 ETP–––

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 27 ended

Active mandates

Gregory Marcel Pauwels

Managing director · since 26 décembre 2023

Active
Ilse Lieve Andries

Director · since 26 décembre 2023

Active

Ended mandates

Gregory Pauwels

Managing director · since 17 février 2021 · until 17 février 2027

Ended
Gregory Pauwels

Managing director · since 17 février 2021 · until 17 mars 2027

Ended
Ilse Andries

Director · since 17 février 2021 · until 17 février 2027

Ended
Ilse Andries

Director · since 17 février 2021 · until 17 mars 2027

Ended

Other companies at this address

Kruishoutemseweg 179 8790 Waregem
CompanyCBE no.
0443.701.160
0890.763.074

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/04/202628/04/202529/05/202416/03/202329/03/202228/05/2021
General meeting22/04/202623/04/202519/05/202415/03/202316/03/202217/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202522/04/202623/04/2026DutchPDF
Abridged model30/09/202423/04/202528/04/2025DutchPDF
Abridged model30/09/202319/05/202429/05/2024DutchPDF
Abridged model30/09/202215/03/202316/03/2023DutchPDF
Abridged model30/09/202116/03/202229/03/2022DutchPDF
Abridged model30/09/202017/03/202128/05/2021DutchPDF
Abridged model30/09/201918/03/202031/03/2020DutchPDF
Abridged model30/09/201820/03/201929/03/2019DutchPDF
Abridged model30/09/201721/03/201827/03/2018DutchPDF
Abridged model30/09/201615/03/201724/03/2017DutchPDF
Abridged model31/08/201517/02/201629/03/2016FrenchPDF
Abridged model31/08/201418/02/201510/03/2015FrenchPDF
Abridged model31/08/201319/02/201428/02/2014FrenchPDF
Abridged model31/08/201220/02/201307/03/2013FrenchPDF
Abridged model31/08/201115/02/201212/03/2012FrenchPDF
Abridged model31/08/201016/02/201108/03/2011DutchPDF
Abridged model30/09/200825/03/200903/04/2009FrenchPDF
Abridged model30/09/200726/03/200801/04/2008DutchPDF
Abridged model30/09/200628/03/200729/03/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 30/09/2025

2 active · 27 ended

Active mandates

Gregory Marcel Pauwels

Managing director · since 26 décembre 2023

Active
Ilse Lieve Andries

Director · since 26 décembre 2023

Active

Ended mandates

Gregory Pauwels

Managing director · since 17 février 2021 · until 17 février 2027

Ended
Gregory Pauwels

Managing director · since 17 février 2021 · until 17 mars 2027

Ended
Ilse Andries

Director · since 17 février 2021 · until 17 février 2027

Ended
Ilse Andries

Director · since 17 février 2021 · until 17 mars 2027

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/03/2024
    DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates23/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/10/2016
    Statutenwijziging
    PDF
  • Registered office11/10/2016
    SIEGE SOCIAL
    PDF
  • Mandates22/04/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/07/2012
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates25/03/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Other29/10/2009
    ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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 2025229,2 k €↓
  2. 2024
    Annual accounts 2024288,3 k €↑
  3. 2023
    Annual accounts 2023221,4 k €↑
  4. 2022
    Annual accounts 2022148,2 k €↑
  5. 2021
    Annual accounts 2021113,9 k €↓
  6. 2020
    Annual accounts 2020158,3 k €↑
  7. 2019
    Annual accounts 2019101,9 k €↑
  8. 2018
    Annual accounts 201871,8 k €↓
  9. 2017
    Annual accounts 2017170,4 k €↑
  10. 2016
    Annual accounts 2016111,1 k €↓
  11. 2015
    Annual accounts 2015160,2 k €↑
  12. 2014
    Annual accounts 2014133,9 k €↑
  13. 2013
    Annual accounts 201375,2 k €↓
  14. 2012
    Annual accounts 2012100 k €↑
  15. 2011
    Annual accounts 20118,3 k €↑
  16. 2010
    Annual accounts 20107,6 k €↑
  17. 2008
    Annual accounts 20087,2 k €↑
  18. 2007
    Annual accounts 20076,3 k €
  19. 01/03/1991
    IncorporationPublic limited company