ACTIVE

MANGROVE

Financial year 2024 · closed on 31/12/2024
Net result
14 k €
+146.8% YoY
Gross margin
51,3 k €
+45.6% YoY
Equity
333,6 k €
+4.4% YoY

What does MANGROVE do?

MANGROVE is a Private limited company incorporated in 1993. Its main activity is: Manufacture of rubber products. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0451.358.024
Incorporation
22/11/1993
Legal form
Private limited company
Registered office
Bisschoppenhoflaan 93
2100 Antwerpen · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2024202320222021202020192018201720162012201120102009200820072006
Income statement
Gross margin51,3 k €35,2 k €45,2 k €61,5 k €47,4 k €37,9 k €29,7 k €40,7 k €44,6 k €46,6 k €28,9 k €52,1 k €47,9 k €24,7 k €26,2 k €14,6 k €
EBITDA42,6 k €32,6 k €43,6 k €59 k €46 k €36,5 k €28 k €39,1 k €41,4 k €45,7 k €25,5 k €50,7 k €44,8 k €22,9 k €24,8 k €12,8 k €
Operating result21 k €10,4 k €21 k €36,5 k €24,1 k €10,1 k €2,4 k €8,9 k €12,5 k €32,5 k €1,2 k €24,9 k €22,7 k €-157,5 €-1,6 k €-28,3 k €
Net result14 k €5,7 k €13,9 k €23,6 k €13,8 k €5,9 k €-9,4 k €3 k €12 k €12,3 k €-4,4 k €12,6 k €15,6 k €-7,4 k €-10,1 k €91,6 k €
Balance sheet
Equity333,6 k €319,7 k €314 k €300,1 k €276,5 k €262,6 k €256,7 k €266,1 k €263,1 k €159,8 k €147,5 k €151,9 k €139,4 k €123,8 k €131,2 k €141,3 k €
Total assets528,2 k €420,1 k €409,2 k €389 k €384,2 k €365,1 k €370 k €403,7 k €422,7 k €470,9 k €494 k €472,7 k €466,1 k €464,4 k €443,1 k €474,4 k €
Cash99,4 €99 €1,6 k €4,2 k €100,1 €100,1 €100,1 €4,4 k €11,4 k €8,9 k €12 k €2,3 k €4,5 k €22,1 k €1,4 k €29,1 k €
Debts166,3 k €70,3 k €63,2 k €55 k €71,5 k €64,8 k €73,7 k €96,1 k €113,8 k €259,9 k €292,8 k €266 k €269,5 k €280,9 k €249,7 k €269 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Stijn Jacobs

Director

Active

Ended mandates

Stijn Jacobs

Administrator - manager

Ended
Stijn Jacobs

Manager

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202431/12/202231/12/202131/12/202031/12/201931/12/2018
Closing of the financial year31/12/202431/12/202330/12/202230/12/202130/12/202030/12/2019
Length of the financial year12 months13 months13 months13 months13 months13 months
Filing date30/09/202523/09/202428/07/202312/07/202225/06/202129/06/2020
General meeting22/09/202516/09/202424/07/202320/05/202221/05/202115/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202422/09/202530/09/2025DutchPDF
Micro model31/12/202316/09/202423/09/2024DutchPDF
Micro model30/12/202224/07/202328/07/2023DutchPDF
Micro model30/12/202120/05/202212/07/2022DutchPDF
Micro model30/12/202021/05/202125/06/2021DutchPDF
Micro model30/12/201915/05/202029/06/2020DutchPDF
Micro model30/12/201817/05/201928/06/2019DutchPDF
Micro model31/12/201718/05/201827/06/2018DutchPDF
Abridged model30/12/201628/06/201710/07/2017DutchPDF
Abridged model30/12/201520/05/201628/06/2016DutchPDF
Abridged model30/12/201429/06/201530/06/2015DutchPDF
Abridged model30/12/201330/06/201428/07/2014DutchPDF
Abridged model30/12/201207/06/201301/07/2013DutchPDF
Abridged model30/12/201115/06/201202/07/2012DutchPDF
Abridged model30/12/201016/05/201109/06/2011DutchPDF
Abridged model30/12/200930/06/201005/07/2010DutchPDF
Abridged modelCorrection30/12/200816/05/200923/07/2009DutchPDF
Abridged model30/12/200816/05/200929/06/2009DutchPDF
Abridged model30/12/200729/06/200825/07/2008DutchPDF
Abridged modelCorrection31/12/200631/07/200724/09/2007DutchPDF
Abridged model31/12/200631/07/200730/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2024 · 1 active · 2 ended

Active mandates

Stijn Jacobs

Director

Active

Ended mandates

Stijn Jacobs

Administrator - manager

Ended
Stijn Jacobs

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
    PDF
  • Registered office18/08/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office28/09/2007
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    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

Timeline

  1. 2024
    Annual accounts 202414 k €
  2. 2023
    Annual accounts 20235,7 k €
  3. 2022
    Annual accounts 202213,9 k €
  4. 2021
    Annual accounts 202123,6 k €
  5. 2020
    Annual accounts 202013,8 k €
  6. 2019
    Annual accounts 20195,9 k €
  7. 2018
    Annual accounts 2018-9,4 k €
  8. 2017
    Annual accounts 20173 k €
  9. 2016
    Annual accounts 201612 k €
  10. 2012
    Annual accounts 201212,3 k €
  11. 2011
    Annual accounts 2011-4,4 k €
  12. 2010
    Annual accounts 201012,6 k €
  13. 2009
    Annual accounts 200915,6 k €
  14. 2008
    Annual accounts 2008-7,4 k €
  15. 2007
    Annual accounts 2007-10,1 k €
  16. 2006
    Annual accounts 200691,6 k €
  17. 22/11/1993
    IncorporationPrivate limited company