ACTIVE

M & E

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Financial year 2023 · closed on 31/12/2023

Net result

26,7 k €

+61.2% YoY

Gross margin

27,3 k €

+63.8% YoY

Equity

20,5 k €

+426.6% YoY

What does M & E do?

M & E is a Private company with limited liability incorporated in 1991. Its main activity is: Manufacture of corrugated paper and paperboard and of containers of paper and paperboard. Its registered office is in Maasmechelen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0443.973.057

Incorporation

25/04/1991

Legal form

Private company with limited liability

Registered office

Leemkuilstraat(O) 9 box 7
3630 Maasmechelen · FlandreSee on map

Contributed capital

24 789,35 €

Latest accounts

31/12/2023

Activities (NACE)

17210Manufacture of corrugated paper and paperboard and of containers of paper and paperboard· main 22220Manufacture of plastic packing goods 47910Retail sale via mail order houses or via Internet

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	27,3 k €	+63.8%	16,7 k €	+671%	-2,9 k €	+57.0%	-6,8 k €	-260%	-1,9 k €	+6.9%	-2 k €	+21.1%	-2,6 k €	+86.8%	-19,5 k €	-1883%	-982 €	-105%	20,2 k €	+11.3%	18,1 k €	+1754%	977,7 €	+112%	-8 k €	-144%	18,3 k €	+21.8%	15 k €	+46.7%	10,3 k €	+86.1%	5,5 k €	+218%	-4,7 k €
EBITDA	26,8 k €	+65.3%	16,2 k €	+582%	-3,4 k €	+53.4%	-7,2 k €	-210%	-2,3 k €	+5.6%	-2,5 k €	+17.9%	-3 k €	+84.9%	-19,9 k €	-1300%	-1,4 k €	-107%	19,7 k €	+11.6%	17,7 k €	+2980%	574,2 €	+107%	-8,4 k €	-147%	17,9 k €	+22.4%	14,6 k €	+48.6%	9,9 k €	+104%	4,8 k €	+193%	-5,2 k €
Operating result	26,8 k €	+65.3%	16,2 k €	+582%	-3,4 k €	+53.4%	-7,2 k €	-210%	-2,3 k €	+5.6%	-2,5 k €	+17.9%	-3 k €	+84.9%	-19,9 k €	-1193%	-1,5 k €	-108%	19,6 k €	+11.7%	17,6 k €	+2959%	574,2 €	+107%	-8,6 k €	-148%	17,7 k €	+23.1%	14,4 k €	+52.9%	9,4 k €	+94.3%	4,8 k €	+193%	-5,2 k €
Net result	26,7 k €	+61.2%	16,6 k €	+652%	-3 k €	+55.8%	-6,8 k €	-268%	-1,8 k €	+6.7%	-2 k €	+19.4%	-2,5 k €	+87.3%	-19,4 k €	-2162%	-855,7 €	-104%	19,5 k €	+14.2%	17 k €	+31869%	53,3 €	+101%	-8,6 k €	-148%	18,1 k €	+24.6%	14,5 k €	+54.6%	9,4 k €	+94.7%	4,8 k €	+192%	-5,2 k €
Balance sheet
Equity	20,5 k €	+427%	-6,3 k €	+72.6%	-22,9 k €	-15.1%	-19,9 k €	-52.2%	-13 k €	-16.5%	-11,2 k €	-21.5%	-9,2 k €	-36.4%	-6,8 k €	-154%	12,6 k €	-6.4%	13,5 k €	+324%	-6 k €	+73.9%	-23,1 k €	+0.2%	-23,1 k €	-59.2%	-14,5 k €	+55.4%	-32,6 k €	+30.8%	-47,1 k €	+16.6%	-56,5 k €	+7.9%	-61,3 k €
Total assets	20,5 k €	-20.3%	25,7 k €	+28.5%	20 k €	+47.8%	13,5 k €	+14.3%	11,8 k €	-19.5%	14,7 k €	-10.3%	16,4 k €	+2.0%	16,1 k €	-40.6%	27 k €	+7.3%	25,2 k €	+1.6%	24,8 k €	+125%	11 k €	+31.7%	8,4 k €	-72.9%	30,9 k €	+4.2%	29,6 k €	+39.7%	21,2 k €	+186%	7,4 k €	+464%	1,3 k €
Cash	–		14,7 k €	+53.6%	9,6 k €	+215%	3 k €	+781%	344,8 €	-70.7%	1,2 k €	+48.4%	793,9 €	+68.0%	472,6 €	-95.2%	9,8 k €	+16.3%	8,4 k €	-63.2%	22,9 k €	+138%	9,6 k €	+18.1%	8,1 k €	-58.2%	19,5 k €	+5.4%	18,5 k €	-8.5%	20,2 k €	+230%	6,1 k €	+705%	760,7 €
Debts	–		31,9 k €	-25.4%	42,8 k €	+28.4%	33,4 k €	+34.2%	24,9 k €	-4.0%	25,9 k €	+1.1%	25,6 k €	+12.2%	22,8 k €	+58.1%	14,4 k €	+23.0%	11,7 k €	-61.4%	30,4 k €	-9.9%	33,8 k €	+7.3%	31,5 k €	-30.6%	45,4 k €	-27.0%	62,2 k €	-8.9%	68,3 k €	+6.9%	63,9 k €	+2.1%	62,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 4 ended

Active mandates

Yüksel Yilmaz

Director · since 21 février 2024

Active

Ended mandates

Eddy De Swert

Director · since 25 avril 1991

Ended

Eddy De Swert

Manager · since 25 avril 1991

Ended

EDDY DE SWERT

Director

Ended

EDDY DE SWERT

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
DMK INTERIOR● Active	0502.375.668
PANNEMANS DAVY ELEKTRO SERVICE BVBA● Active	0809.180.037
VEZA● Active	1016.908.705

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	21/11/2024	06/06/2023	27/06/2022	07/07/2021	05/08/2020	11/06/2019
General meeting	18/11/2024	08/05/2023	29/05/2022	10/06/2021	31/07/2020	13/05/2019
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2023	18/11/2024	21/11/2024	Dutch	PDF
Micro model	31/12/2022	08/05/2023	06/06/2023	Dutch	PDF
Micro model	31/12/2021	29/05/2022	27/06/2022	Dutch	PDF
Micro model	31/12/2020	10/06/2021	07/07/2021	Dutch	PDF
Micro model	31/12/2019	31/07/2020	05/08/2020	Dutch	PDF
Micro model	31/12/2018	13/05/2019	11/06/2019	Dutch	PDF
Micro model	31/12/2017	14/06/2018	04/07/2018	Dutch	PDF
Micro model	31/12/2016	08/05/2017	25/07/2017	Dutch	PDF
Abridged model	31/12/2015	09/05/2016	20/06/2016	Dutch	PDF
Abridged model	31/12/2014	11/05/2015	01/06/2015	Dutch	PDF
Abridged model	31/12/2013	12/05/2014	04/06/2014	Dutch	PDF
Abridged model	31/12/2012	13/05/2013	11/06/2013	Dutch	PDF
Abridged model	31/12/2011	14/05/2012	31/05/2012	Dutch	PDF
Abridged model	31/12/2010	20/06/2011	05/07/2011	Dutch	PDF
Abridged model	31/12/2009	10/05/2010	02/06/2010	Dutch	PDF
Abridged model	31/12/2008	11/05/2009	12/05/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	20/06/2008	Dutch	PDF
Abridged model	31/12/2006	27/06/2007	27/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2023 · 1 active · 4 ended

Active mandates

Yüksel Yilmaz

Director · since 21 février 2024

Active

Ended mandates

Eddy De Swert

Director · since 25 avril 1991

Ended

Eddy De Swert

Manager · since 25 avril 1991

Ended

EDDY DE SWERT

Director

Ended

EDDY DE SWERT

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/03/2024
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/02/2020
MAATSCHAPPELIJKE ZETEL
PDF
Registered office11/04/2008
BENAMING - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates09/07/2004
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/10/2003
ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
PDF
Mandates08/08/2003
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

2023
Annual accounts 202326,7 k €↑
2022
Annual accounts 202216,6 k €↑
2021
Annual accounts 2021-3 k €↑
2020
Annual accounts 2020-6,8 k €↓
2019
Annual accounts 2019-1,8 k €↑
2018
Annual accounts 2018-2 k €↑
2017
Annual accounts 2017-2,5 k €↑
2016
Annual accounts 2016-19,4 k €↓
2015
Annual accounts 2015-855,7 €↓
2014
Annual accounts 201419,5 k €↑
2013
Annual accounts 201317 k €↑
2012
Annual accounts 201253,3 €↑
2011
Annual accounts 2011-8,6 k €↓
2010
Annual accounts 201018,1 k €↑
2009
Annual accounts 200914,5 k €↑
2008
Annual accounts 20089,4 k €↑
2007
Annual accounts 20074,8 k €↑
2007
Name changeM & E
2006
Annual accounts 2006-5,2 k €
2006
Name changeM en E AUTOMATEN
25/04/1991
IncorporationPrivate company with limited liability

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 & E

Overview

What does M & E do?

Trend over 18 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