ACTIVE

M-Fellow

Financial year 2025 · Closed on 31/12/2025

Net result19,8 k €+40,1 %over 1 year
Gross margin27,9 k €+47,1 %over 1 year
Equity-3,4 k €+85,3 %over 1 year

Identity

Source · BCE/KBO

M-Fellow is a Private limited company incorporated in 1994. Its main activity is: Advertising agencies. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0452.775.511
Incorporation
27/05/1994
Legal form
Private limited company
Registered office
Jozef Ickxstraat 43
2180 Antwerpen · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Joint committees (1)
  • 119
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin27,9 k €19 k €1,5 k €17,5 k €17 k €
EBITDA27,5 k €18,5 k €1,1 k €17,2 k €16,5 k €
Operating result26,5 k €18,1 k €729,1 €17,1 k €10,7 k €
Net result19,8 k €14,2 k €-854,6 €12,4 k €7,4 k €
Balance sheet
Equity-3,4 k €-23,3 k €-37,4 k €-36,6 k €-49 k €
Total assets23,1 k €12,5 k €11,2 k €15,8 k €18 k €
Cash6,6 k €1,4 k €718,5 €4 k €5 k €
Debts26,5 k €34 k €48,6 k €52,4 k €67,1 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Bart Brouns

Director

Active

Ended mandates

Bart Brouns

Director · since 28 octobre 2011

Ended
Bart Brouns

Manager · since 28 octobre 2011

Ended
RENE SEGERS

Administrator - manager

Ended

Other companies at this address

Jozef Ickxstraat 43 2180 Antwerpen
CompanyCBE no.
0467.171.497

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/08/202630/08/202531/07/202431/08/202308/08/202226/07/2021
General meeting30/06/202601/06/202528/06/202430/06/202330/06/202230/06/2021
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
Micro model31/12/202530/06/202628/08/2026DutchPDF
Micro model31/12/202401/06/202530/08/2025DutchPDF
Micro model31/12/202328/06/202431/07/2024DutchPDF
Micro model31/12/202230/06/202331/08/2023DutchPDF
Micro model31/12/202130/06/202208/08/2022DutchPDF
Micro model31/12/202030/06/202126/07/2021DutchPDF
Micro model31/12/201917/08/202028/08/2020DutchPDF
Micro model31/12/201828/06/201922/07/2019DutchPDF
Micro model31/12/201711/05/201830/08/2018DutchPDF
Micro model31/12/201612/05/201731/08/2017DutchPDF
Abridged model31/12/201513/05/201631/08/2016DutchPDF
Abridged model31/12/201408/05/201531/08/2015DutchPDF
Abridged model31/12/201309/05/201425/07/2014DutchPDF
Abridged model31/12/201210/05/201325/07/2013DutchPDF
Abridged model31/12/201111/05/201223/08/2012DutchPDF
Abridged model31/12/201001/06/201108/07/2011DutchPDF
Abridged model31/12/200901/06/201029/07/2010DutchPDF
Abridged model31/12/200801/06/200910/07/2009DutchPDF
Abridged model31/12/200701/06/200816/07/2008DutchPDF
Abridged model31/12/200601/06/200704/06/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Bart Brouns

Director

Active

Ended mandates

Bart Brouns

Director · since 28 octobre 2011

Ended
Bart Brouns

Manager · since 28 octobre 2011

Ended
RENE SEGERS

Administrator - manager

Ended

Ownership and network

Looking for more information about this company?

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office05/08/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates13/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office14/12/2012
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates16/12/2011
    MAATSCHAPPELIJKE ZETEL - 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 202519,8 k €↑
  2. 2024
    Annual accounts 202414,2 k €↑
  3. 2023
    Annual accounts 2023-854,6 €↓
  4. 2022
    Annual accounts 202212,4 k €↑
  5. 2021
    Annual accounts 20217,4 k €↑
  6. 2019
    Annual accounts 20196,6 k €↑
  7. 2018
    Annual accounts 20181,9 k €↓
  8. 2017
    Annual accounts 20174,9 k €↑
  9. 2016
    Annual accounts 20161,1 k €↑
  10. 2015
    Annual accounts 2015352,2 €↓
  11. 2014
    Annual accounts 201419,5 k €↓
  12. 2013
    Annual accounts 201327,8 k €↑
  13. 2012
    Annual accounts 2012-6,8 k €↓
  14. 2011
    Annual accounts 2011
  15. 2010
    Annual accounts 2010-553,1 €↑
  16. 2009
    Annual accounts 2009
  17. 2008
    Annual accounts 2008-61,9 k €↓
  18. 2007
    Annual accounts 200710,9 k €↑
  19. 2006
    Annual accounts 20061,2 k €
  20. 27/05/1994
    IncorporationPrivate limited company