ACTIVE

ADAM ET MENTEN

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Financial year 2025 · Closed on 31/12/2025

Net result3,6 M €+98,0 %over 1 year

Gross margin5,4 M €+72,4 %over 1 year

Equity11,7 M €+44,6 %over 1 year

Workforce11,9 ETP+14,4 %over 1 year

Identity

Source · BCE/KBO

ADAM ET MENTEN is a Private limited company incorporated in 1991. Its registered office is in Visé. It employs on average 11,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0444.377.784
Incorporation: 31/05/1991
Legal form: Private limited company
Registered office: Rempart des Arquebusiers(VIS) 41
4600 Visé · WallonieSee on map
Contributed capital: 209 000,00 €
Latest accounts: 31/12/2025
Average workforce: 11,9 ETP

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	5,4 M €	+72.4%	3,1 M €	-6.0%	3,3 M €	+13.1%	2,9 M €	+20.0%	2,4 M €
EBITDA	4,6 M €	+86.8%	2,5 M €	-10.6%	2,8 M €	+14.1%	2,4 M €	+20.3%	2 M €
Operating result	4,6 M €	+87.5%	2,5 M €	-10.7%	2,7 M €	+14.0%	2,4 M €	+20.7%	2 M €
Net result	3,6 M €	+98.0%	1,8 M €	-11.4%	2,1 M €	+14.4%	1,8 M €	+20.9%	1,5 M €
Balance sheet
Equity	11,7 M €	+44.6%	8,1 M €	+29.1%	6,3 M €	+20.4%	5,2 M €	-41.1%	8,9 M €
Total assets	13,6 M €	+33.8%	10,2 M €	+8.0%	9,4 M €	-22.1%	12,1 M €	+26.7%	9,6 M €
Cash	7,2 M €	+153%	2,9 M €	+12.4%	2,5 M €	-50.6%	5,2 M €	+25.1%	4,1 M €
Debts	1,9 M €	-8.7%	2,1 M €	-33.9%	3,1 M €	-54.6%	6,9 M €	+914%	679,3 k €
Other
Workforce	11,9 ETP	+14.4%	10,4 ETP	+11.8%	9,3 ETP	+5.7%	8,8 ETP	+17.3%	7,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 4 ended

Active mandates

Emmanuel MALMENDIER

Mandate

Active

Francis MALMENDIER

Mandate

Active

Vincent MALMENDIER

Mandate

Active

Xavier MALMENDIER

Mandate

Active

Ended mandates

Vincent MALMENDIER

Director · since 25 décembre 2003

Ended

VINCENT MALMENDIER

Manager · since 25 décembre 2003

Ended

Francis MALMENDIER

Director · since 31 mai 1995

Ended

FRANCIS MALMENDIER

Manager · since 31 mai 1995

Ended

Full financial information

Source · NBB

	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	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	29/08/2025	30/08/2024	08/06/2023	20/06/2022	30/03/2022
General meeting	21/06/2026	28/06/2025	28/06/2024	03/06/2023	11/06/2022	20/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	21/06/2026	31/08/2026	French	PDF
Abridged model	31/12/2024	28/06/2025	29/08/2025	French	PDF
Abridged model	31/12/2023	28/06/2024	30/08/2024	French	PDF
Abridged model	31/12/2022	03/06/2023	08/06/2023	French	PDF
Abridged model	31/12/2021	11/06/2022	20/06/2022	French	PDF
Abridged model	31/12/2020	20/06/2021	30/03/2022	French	PDF
Abridged model	31/12/2019	22/06/2020	24/06/2022	French	PDF
Abridged model	31/12/2018	13/04/2019	24/06/2022	French	PDF
Abridged model	31/12/2016	26/04/2017	27/04/2017	French	PDF
Abridged model	31/12/2015	18/06/2016	20/06/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	07/07/2015	French	PDF
Abridged model	31/12/2013	03/06/2014	03/06/2014	French	PDF
Abridged model	31/12/2012	01/06/2013	27/06/2013	French	PDF
Abridged model	31/12/2011	15/05/2012	16/05/2012	French	PDF
Abridged model	31/12/2010	29/06/2011	30/06/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	08/09/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	30/07/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	30/07/2008	French	PDF
Abridged model	31/12/2006	02/06/2007	26/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/12/2025

4 active · 4 ended

Active mandates

Emmanuel MALMENDIER

Mandate

Active

Francis MALMENDIER

Mandate

Active

Vincent MALMENDIER

Mandate

Active

Xavier MALMENDIER

Mandate

Active

Ended mandates

Vincent MALMENDIER

Director · since 25 décembre 2003

Ended

VINCENT MALMENDIER

Manager · since 25 décembre 2003

Ended

Francis MALMENDIER

Director · since 31 mai 1995

Ended

FRANCIS MALMENDIER

Manager · since 31 mai 1995

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates18/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Registered office29/01/2016
SIEGE SOCIAL - CAPITAL, ACTIONS - ANNEE COMPTABLE
PDF
Registered office02/09/2009
TRANSFERT DU SIEGE SOCIAL
PDF
Mandates16/01/2004
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

2025
Annual accounts 20253,6 M €↑
2024
Annual accounts 20241,8 M €↓
2023
Annual accounts 20232,1 M €↑
2022
Annual accounts 20221,8 M €↑
2021
Annual accounts 20211,5 M €↑
2020
Annual accounts 2020844,2 k €↓
2019
Annual accounts 2019853 k €↓
2018
Annual accounts 20181 M €↑
2016
Annual accounts 2016626,3 k €↑
2015
Annual accounts 2015576,8 k €↑
2014
Annual accounts 2014555,5 k €↑
2013
Annual accounts 2013332 k €↓
2012
Annual accounts 2012353 k €↓
2011
Annual accounts 2011374 k €↓
2010
Annual accounts 2010386,3 k €↑
2009
Annual accounts 2009276,6 k €↑
2008
Annual accounts 2008173,9 k €↑
2007
Annual accounts 2007108,5 k €↑
2006
Annual accounts 2006100,4 k €
31/05/1991
IncorporationPrivate limited company

ADAM ET MENTEN

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline