ACTIVE

MERVEILLE

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Financial year 2025 · closed on 31/12/2025

Net result

194,1 k €

+1.5% YoY

Gross margin

6,2 M €

-8.0% YoY

Equity

1,9 M €

+11.6% YoY

Workforce

52,7 ETP

-0.6% YoY

What does MERVEILLE do?

MERVEILLE is a Public limited company incorporated in 1992. Its main activity is: Media representation. Its registered office is in Chièvres. It employs on average 52,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.296.197

Incorporation

06/05/1992

Legal form

Public limited company

Registered office

Rue de la Liberté 31
7950 Chièvres · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

52,7 ETP

Activities (NACE)

73120Media representation· main 73120Media representation 74402Other professional, scientific and technical activities 90021Support activities to performing arts 90391Creative, arts and entertainment activities

Joint committees (1)

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	6,2 M €	-8.0%	6,7 M €	-5.9%	7,1 M €	-6.3%	7,6 M €	+39.5%	5,4 M €	+63.2%	3,3 M €	-31.2%	4,8 M €	-21.0%	6,1 M €	-1.9%	6,3 M €	+17.4%	5,3 M €	-2.6%	5,5 M €	+11.3%	4,9 M €	+7.0%	4,6 M €	+4.9%	4,4 M €	-5.4%	4,6 M €	-3.9%	4,8 M €	+10.5%	4,4 M €	-23.2%	5,7 M €	-3.7%	5,9 M €	+16.6%	5,1 M €
EBITDA	337 k €	+2.6%	328,5 k €	-38.4%	533,5 k €	-32.3%	788,5 k €	+41.0%	559,2 k €	+7555%	7,3 k €	-95.9%	178,9 k €	-63.1%	485,1 k €	-8.9%	532,7 k €	+67.1%	318,9 k €	+18.0%	270,1 k €	+24.7%	216,7 k €	+12.5%	192,7 k €	+33.1%	144,8 k €	-37.7%	232,6 k €	-26.0%	314,2 k €	+23.1%	255,3 k €	-40.9%	432,1 k €	-2.3%	442,4 k €	+22.0%	362,7 k €
Operating result	267,6 k €	-7.6%	289,6 k €	-41.4%	493,9 k €	-25.6%	663,7 k €	+26.5%	524,9 k €	+1800%	-30,9 k €	-121%	144,2 k €	-68.3%	455,1 k €	-10.5%	508,6 k €	+70.8%	297,8 k €	+18.8%	250,6 k €	+30.3%	192,4 k €	+15.2%	166,9 k €	+57.1%	106,3 k €	-43.4%	187,8 k €	-30.5%	270,2 k €	+27.0%	212,7 k €	-45.3%	388,6 k €	-4.1%	405,2 k €	+73.2%	233,9 k €
Net result	194,1 k €	+1.5%	191,2 k €	-46.0%	354 k €	-19.3%	438,5 k €	+27.3%	344,4 k €	+1094%	-34,6 k €	-139%	88 k €	-71.1%	304,5 k €	-2.2%	311,4 k €	+76.3%	176,7 k €	+13.4%	155,8 k €	+21.5%	128,3 k €	+34.0%	95,8 k €	+27.0%	75,4 k €	-3.6%	78,2 k €	-59.6%	193,9 k €	-1.7%	197,2 k €	-33.3%	295,8 k €	+11.7%	264,8 k €	+66.2%	159,3 k €
Balance sheet
Equity	1,9 M €	+11.6%	1,7 M €	-3.3%	1,7 M €	+25.6%	1,4 M €	+4.8%	1,3 M €	-2.3%	1,3 M €	-9.1%	1,5 M €	0.0%	1,5 M €	+0.3%	1,5 M €	+0.8%	1,5 M €	+0.1%	1,5 M €	+0.1%	1,5 M €	+0.6%	1,5 M €	-1.6%	1,5 M €	+1.1%	1,5 M €	-0.1%	1,5 M €	+10.0%	1,3 M €	+13.4%	1,2 M €	+27.8%	920,9 k €	+32.3%	696,2 k €
Total assets	2,8 M €	+1.5%	2,8 M €	-6.4%	3 M €	+2.0%	2,9 M €	+16.5%	2,5 M €	+20.4%	2,1 M €	-3.0%	2,2 M €	-17.3%	2,6 M €	-10.0%	2,9 M €	+11.6%	2,6 M €	+2.2%	2,5 M €	+1.6%	2,5 M €	+5.3%	2,4 M €	+3.5%	2,3 M €	-0.6%	2,3 M €	+1.5%	2,3 M €	+13.2%	2 M €	-0.6%	2 M €	+8.7%	1,9 M €	+15.4%	1,6 M €
Cash	528,8 k €	+11.6%	473,9 k €	-58.3%	1,1 M €	-14.6%	1,3 M €	-14.6%	1,6 M €	+34.8%	1,2 M €	+12.0%	1 M €	-28.2%	1,4 M €	-6.9%	1,5 M €	+7.8%	1,4 M €	-4.2%	1,5 M €	+11.3%	1,3 M €	-3.3%	1,4 M €	+17.6%	1,2 M €	+4.2%	1,1 M €	+17.6%	964,4 k €	+23.4%	781,6 k €	+9.5%	714,1 k €	+16.4%	613,7 k €	+71.4%	358 k €
Debts	970,5 k €	-13.6%	1,1 M €	-10.7%	1,3 M €	-19.1%	1,6 M €	+29.3%	1,2 M €	+61.6%	743,2 k €	+10.4%	673 k €	-40.2%	1,1 M €	-20.7%	1,4 M €	+25.5%	1,1 M €	+5.0%	1,1 M €	+3.8%	1 M €	+12.8%	919,5 k €	+12.9%	814,2 k €	-3.4%	842,8 k €	+4.6%	806 k €	+19.5%	674,4 k €	-20.0%	843,3 k €	-10.1%	937,6 k €	+2.5%	915 k €
Other
Workforce	52,7 ETP	-0.6%	53,0 ETP	-32.3%	78,3 ETP	+14.8%	68,2 ETP	+35.3%	50,4 ETP	+47.8%	34,1 ETP	-18.0%	41,6 ETP	-17.3%	50,3 ETP	-18.2%	61,5 ETP	+21.5%	50,6 ETP	-5.4%	53,5 ETP	+3.9%	51,5 ETP	-1.0%	52,0 ETP	+32.0%	39,4 ETP	-27.2%	54,1 ETP	+3.0%	52,5 ETP	-6.9%	56,4 ETP	-8.6%	61,7 ETP	-14.5%	72,2 ETP	+9.4%	66,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 7 ended

Active mandates

CM Management

Mandate · 1025.382.446

Represented by MERVEILLE Carla

Active

MERVEILLE Carla.

Mandate

Active

MERVEILLE David

Mandate

Active

MERVEILLE Vincent

Mandate

Active

Ended mandates

David MERVEILLE

Director

Ended

Emmanuel MERVEILLE

Managing director

Ended

Florence BOULANGER

Managing director

Ended

MERVEILLE Carla

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
CM Management● Active	1025.382.446
MERVEILLE PLUS INTERIM● Active	0477.334.921

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	01/01/2025	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	18/08/2026	25/08/2025	26/08/2024	16/05/2023	02/06/2022	15/06/2021
General meeting	23/07/2026	09/07/2025	19/07/2024	11/05/2023	05/05/2022	06/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	23/07/2026	18/08/2026	French	PDF
Abridged model	31/12/2024	09/07/2025	25/08/2025	French	PDF
Abridged model	31/12/2023	19/07/2024	26/08/2024	French	PDF
Abridged model	31/12/2022	11/05/2023	16/05/2023	French	PDF
Abridged model	31/12/2021	05/05/2022	02/06/2022	French	PDF
Abridged model	31/12/2020	06/05/2021	15/06/2021	French	PDF
Abridged model	31/12/2019	28/05/2020	15/06/2020	French	PDF
Abridged model	31/12/2018	02/05/2019	24/06/2019	French	PDF
Abridged model	31/12/2017	03/05/2018	25/05/2018	French	PDF
Abridged model	31/12/2016	04/05/2017	23/06/2017	French	PDF
Abridged model	31/12/2015	12/05/2016	24/06/2016	French	PDF
Abridged model	31/12/2014	07/05/2015	24/06/2015	French	PDF
Abridged model	31/12/2013	05/06/2014	04/07/2014	French	PDF
Abridged model	31/12/2012	02/05/2013	18/06/2013	French	PDF
Abridged model	31/12/2011	03/05/2012	27/06/2012	French	PDF
Abridged model	31/12/2010	05/05/2011	08/06/2011	French	PDF
Abridged model	31/12/2009	06/05/2010	21/06/2010	French	PDF
Abridged model	31/12/2008	07/05/2009	24/06/2009	French	PDF
Abridged model	31/12/2007	05/05/2008	25/06/2008	French	PDF
Abridged model	31/12/2006	03/05/2007	06/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 7 ended

Active mandates

CM Management

Mandate · 1025.382.446

Represented by MERVEILLE Carla

Active

MERVEILLE Carla.

Mandate

Active

MERVEILLE David

Mandate

Active

MERVEILLE Vincent

Mandate

Active

Ended mandates

David MERVEILLE

Director

Ended

Emmanuel MERVEILLE

Managing director

Ended

Florence BOULANGER

Managing director

Ended

MERVEILLE Carla

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates05/12/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates30/08/2024
DEMISSIONS, NOMINATIONS
PDF
Other24/12/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates10/06/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates30/06/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates13/06/2006
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
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 2025194,1 k €↑
2024
Annual accounts 2024191,2 k €↓
2023
Annual accounts 2023354 k €↓
2022
Annual accounts 2022438,5 k €↑
2021
Annual accounts 2021344,4 k €↑
2020
Annual accounts 2020-34,6 k €↓
2019
Annual accounts 201988 k €↓
2018
Annual accounts 2018304,5 k €↓
2017
Annual accounts 2017311,4 k €↑
2016
Annual accounts 2016176,7 k €↑
2015
Annual accounts 2015155,8 k €↑
2014
Annual accounts 2014128,3 k €↑
2013
Annual accounts 201395,8 k €↑
2012
Annual accounts 201275,4 k €↓
2011
Annual accounts 201178,2 k €↓
2010
Annual accounts 2010193,9 k €↓
2009
Annual accounts 2009197,2 k €↓
2008
Annual accounts 2008295,8 k €↑
2007
Annual accounts 2007264,8 k €↑
2006
Annual accounts 2006159,3 k €
06/05/1992
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

MERVEILLE

Overview

What does MERVEILLE do?

Trend over 20 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