ACTIVE

Eqwal Meise

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Financial year 2025 · Closed on 30/09/2025

Net result819 k €-12,4 %over 1 year
Gross margin1,8 M €+0,8 %over 1 year
Equity1,9 M €+75,0 %over 1 year
Workforce7,4 ETP-6,3 %over 1 year

Identity

Source · BCE/KBO

Eqwal Meise is a Private limited company incorporated in 1993. Its registered office is in Meise. It employs on average 7,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0449.997.450
Incorporation
27/04/1993
Legal form
Private limited company
Registered office
Nieuwelaan 11
1860 Meise · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
30/09/2025
Average workforce
7,4 ETP
Joint committees (5)
  • 12806
  • 200
  • 218
  • 340
  • 3400
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 16 financial years

20252024202320222017
Income statement
Gross margin1,8 M €1,8 M €1,8 M €1,7 M €1,3 M €
EBITDA1,1 M €1,2 M €1,2 M €1,1 M €816,6 k €
Operating result1,1 M €1,2 M €1,2 M €1,1 M €758,8 k €
Net result819 k €934,5 k €869,6 k €800 k €483,5 k €
Balance sheet
Equity1,9 M €1,1 M €1,1 M €1,7 M €521,6 k €
Total assets3,4 M €2,7 M €3,3 M €2,2 M €703,4 k €
Cash206,6 €2,8 k €215,2 k €881,7 k €20,8 k €
Debts1,5 M €1,6 M €2,2 M €505,2 k €181,8 k €
Other
Workforce7,4 ETP7,9 ETP7,5 ETP8,4 ETP7,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 9 ended

Active mandates

Ovalie Développement 2 SAS

Director · since 28 juillet 2021

Represented by Jean-Pierre Mahe

Active

Ended mandates

Ovalie Développement 2 SAS

Director · since 09 février 2021

Represented by Jean-Pierre Mahe

Ended
Luc Leunen

Manager · since 01 avril 2014

Ended
Marc Leunen

Manager · since 01 avril 2014

Ended
Frank Kabbert

Mandate

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/01/202101/01/2020
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202131/12/2020
Length of the financial year12 months12 months12 months12 months9 months12 months
Filing date10/09/202626/05/202530/04/202428/04/202331/03/202224/06/2021
General meeting28/08/202630/04/202526/04/202414/04/202317/03/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202528/08/202610/09/2026DutchPDF
Abridged model30/09/202430/04/202526/05/2025DutchPDF
Abridged model30/09/202326/04/202430/04/2024DutchPDF
Abridged model30/09/202214/04/202328/04/2023DutchPDF
Abridged model30/09/202117/03/202231/03/2022DutchPDF
Abridged model31/12/202004/06/202124/06/2021DutchPDF
Abridged model31/12/201905/06/202005/06/2020DutchPDF
Abridged model31/12/201807/06/201902/07/2019DutchPDF
Abridged model31/12/201701/06/201826/06/2018DutchPDF
Abridged model31/12/201630/06/201719/07/2017DutchPDF
Abridged model31/12/201503/06/201613/06/2016DutchPDF
Abridged model31/12/201405/06/201530/06/2015DutchPDF
Abridged model31/12/201327/03/201431/03/2014DutchPDF
Abridged model31/12/201217/06/201326/09/2013DutchPDF
Abridged model31/12/201130/06/201229/11/2012DutchPDF
Abridged model31/12/201030/06/201124/11/2011DutchPDF
Abridged model31/12/200930/06/201006/10/2010DutchPDF
Abridged model31/12/200830/06/200926/10/2009DutchPDF
Abridged model31/12/200730/06/200830/09/2008DutchPDF
Abridged model31/12/200630/06/200731/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

1 active · 9 ended

Active mandates

Ovalie Développement 2 SAS

Director · since 28 juillet 2021

Represented by Jean-Pierre Mahe

Active

Ended mandates

Ovalie Développement 2 SAS

Director · since 09 février 2021

Represented by Jean-Pierre Mahe

Ended
Luc Leunen

Manager · since 01 avril 2014

Ended
Marc Leunen

Manager · since 01 avril 2014

Ended
Frank Kabbert

Mandate

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other13/10/2025
    BENAMING
    PDF
  • Mandates23/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates31/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/07/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates26/04/2021
    ONTSLAGEN - BENOEMINGEN
    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 2025819 k €↓
  2. 2025
    Name changeEqwal Meise
  3. 2024
    Annual accounts 2024934,5 k €↑
  4. 2023
    Annual accounts 2023869,6 k €↑
  5. 2022
    Annual accounts 2022800 k €↑
  6. 2022
    Name changeAqtor! Brussels
  7. 2017
    Annual accounts 2017483,5 k €↑
  8. 2016
    Annual accounts 2016389,1 k €↓
  9. 2015
    Annual accounts 2015566,7 k €↑
  10. 2014
    Annual accounts 201458,4 k €↓
  11. 2013
    Annual accounts 2013299,1 k €↑
  12. 2012
    Annual accounts 2012268,9 k €↑
  13. 2011
    Annual accounts 2011231,7 k €↑
  14. 2010
    Annual accounts 2010230,9 k €↓
  15. 2009
    Annual accounts 2009249,8 k €↑
  16. 2008
    Annual accounts 2008146,1 k €↑
  17. 2007
    Annual accounts 2007109 k €↑
  18. 2006
    Annual accounts 200667,4 k €
  19. 2006
    Name changeORTHO APPLICATIONS
  20. 27/04/1993
    IncorporationPrivate limited company