MICADO
0453.345.930 · rovalta.com · 22/09/2026
ACTIVE
MICADO
Financial year 2025 · closed on 31/12/2025
Net result
31,1 k €
+39.4% YoY
Gross margin
34,6 k €
+21.0% YoY
Equity
-67,7 k €
+31.5% YoY
Overview
What does MICADO do?
MICADO is a Private limited company incorporated in 1994. Its main activity is: Advertising agencies. Its registered office is in Uccle.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0453.345.930
Incorporation
08/09/1994
Legal form
Private limited company
Registered office
Avenue de Sumatra 12
1180 Uccle · BruxellesSee on map
1180 Uccle · BruxellesSee on map
Contributed capital
93 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
Available with a Rovalta subscriptionTry for 7 days
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 | 34,6 k € | +21.0% | 28,6 k € | +930% | -3,4 k € | +76.4% | -14,6 k € | -45.9% | -10 k € | -56.0% | -6,4 k € | -569% | 1,4 k € | -96.3% | 37,3 k € | +94.4% | 19,2 k € | -45.2% | 35 k € | +771% | 4 k € | -72.4% | 14,5 k € | -47.0% | 27,5 k € | -45.8% | 50,7 k € | +76.1% | 28,8 k € | -78.4% | 133,3 k € | -22.1% | 171,1 k € | -8.9% | 187,7 k € | +1.8% | 184,3 k € | +129% | 80,4 k € |
| EBITDA | 33,6 k € | +28.5% | 26,2 k € | +773% | -3,9 k € | +74.5% | -15,2 k € | +46.9% | -28,7 k € | -92.2% | -14,9 k € | -1592% | 1 k € | -97.3% | 37,1 k € | +99.9% | 18,6 k € | -43.1% | 32,7 k € | +881% | 3,3 k € | -76.2% | 14 k € | -47.9% | 26,8 k € | +167% | 10 k € | +129% | -35 k € | -154% | 65,1 k € | -48.8% | 126,9 k € | +41.9% | 89,5 k € | +18.5% | 75,5 k € | +266% | -45,3 k € |
| Operating result | 33,6 k € | +28.5% | 26,2 k € | +773% | -3,9 k € | +74.5% | -15,2 k € | +54.5% | -33,5 k € | -117% | -15,4 k € | -3136% | 507,9 € | -98.6% | 37,1 k € | +99.9% | 18,6 k € | -43.1% | 32,7 k € | +881% | 3,3 k € | -76.2% | 14 k € | -43.3% | 24,7 k € | +262% | 6,8 k € | +117% | -40 k € | -179% | 50,4 k € | -57.1% | 117,3 k € | +46.2% | 80,2 k € | +15.1% | 69,7 k € | +238% | -50,4 k € |
| Net result | 31,1 k € | +39.4% | 22,3 k € | +721% | -3,6 k € | +76.8% | -15,5 k € | +54.8% | -34,4 k € | -105% | -16,8 k € | -9606% | 176,7 € | -99.5% | 36,4 k € | +109% | 17,5 k € | -46.7% | 32,8 k € | +2939% | 1,1 k € | -87.8% | 8,9 k € | +338% | -3,7 k € | +81.7% | -20,4 k € | +69.3% | -66,4 k € | -1531% | 4,6 k € | -92.6% | 62,5 k € | +1885% | 3,1 k € | +12.7% | 2,8 k € | +103% | -95,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | -67,7 k € | +31.5% | -98,8 k € | +18.4% | -121,2 k € | -3.1% | -117,6 k € | -15.2% | -102 k € | -50.8% | -67,7 k € | -33.0% | -50,9 k € | +0.3% | -51 k € | +41.7% | -87,5 k € | +16.6% | -104,9 k € | +23.8% | -137,7 k € | +0.8% | -138,8 k € | +6.0% | -147,7 k € | -2.6% | -143,9 k € | -16.5% | -123,5 k € | -116% | -57,1 k € | +7.5% | -61,8 k € | +50.3% | -124,2 k € | +2.5% | -127,4 k € | +2.1% | -130,2 k € |
| Total assets | 81,2 k € | +76.5% | 46 k € | +207% | 15 k € | -10.2% | 16,7 k € | -38.9% | 27,3 k € | -58.4% | 65,6 k € | -33.3% | 98,3 k € | -24.8% | 130,8 k € | -5.6% | 138,6 k € | -5.1% | 146 k € | +43.5% | 101,7 k € | -24.7% | 135 k € | +39.2% | 97 k € | -18.8% | 119,5 k € | -62.4% | 317,7 k € | -30.1% | 454,6 k € | -9.2% | 500,8 k € | -9.2% | 551,7 k € | -6.2% | 588,3 k € | +44.2% | 408 k € |
| Cash | 43,1 k € | +32.2% | 32,6 k € | +672% | 4,2 k € | -13.7% | 4,9 k € | +28.5% | 3,8 k € | -79.0% | 18,1 k € | +9.6% | 16,5 k € | -43.5% | 29,2 k € | -24.1% | 38,5 k € | -6.6% | 41,3 k € | +99.3% | 20,7 k € | -32.2% | 30,6 k € | +308% | 7,5 k € | +27.2% | 5,9 k € | -77.6% | 26,3 k € | +29.0% | 20,4 k € | -85.6% | 142 k € | +594% | 20,5 k € | +702% | 2,6 k € | -96.4% | 70,5 k € |
| Debts | 145,2 k € | +1.6% | 143 k € | +5.0% | 136,2 k € | +1.4% | 134,3 k € | +3.8% | 129,4 k € | -2.9% | 133,3 k € | -10.6% | 149,1 k € | -18.0% | 181,8 k € | -19.6% | 226,1 k € | -9.9% | 250,9 k € | +4.8% | 239,4 k € | -12.6% | 273,8 k € | +11.9% | 244,7 k € | -7.1% | 263,5 k € | -40.3% | 441,2 k € | -13.8% | 511,7 k € | -9.0% | 562,5 k € | -16.8% | 676 k € | -5.5% | 715,6 k € | +33.0% | 538,1 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | 0,6 ETP | -40.0% | 1,0 ETP | -9.1% | 1,1 ETP | +10.0% | 1,0 ETP | -47.4% | 1,9 ETP | -9.5% | 2,1 ETP | -19.2% | 2,6 ETP | |||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 5 ended
Active mandates
Arielle MARGAUX
ActiveEnded mandates
Arielle Margaux
EndedHelene Cohen
EndedHelene Cohen
EndedHelene Cohen
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 06/05/2026 | 12/06/2025 | 22/10/2024 | 24/07/2023 | 01/02/2023 | 01/02/2023 |
| General meeting | 04/05/2026 | 05/06/2025 | 27/09/2024 | 17/07/2023 | 30/06/2022 | 20/10/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 04/05/2026 | 06/05/2026 | French | |
| Micro model | 31/12/2024 | 05/06/2025 | 12/06/2025 | French | |
| Micro model | 31/12/2023 | 27/09/2024 | 22/10/2024 | French | |
| Micro model | 31/12/2022 | 17/07/2023 | 24/07/2023 | French | |
| Micro model | 31/12/2021 | 30/06/2022 | 01/02/2023 | French | |
| Micro model | 31/12/2020 | 20/10/2021 | 01/02/2023 | French | |
| Micro model | 31/12/2019 | 15/12/2020 | 17/12/2020 | French | |
| Micro model | 31/12/2018 | 31/07/2019 | 31/08/2019 | French | |
| Micro model | 31/12/2017 | 29/06/2018 | 30/08/2018 | French | |
| Micro model | 31/12/2016 | 29/09/2017 | 29/09/2017 | French | |
| Abridged model | 31/12/2015 | 28/04/2016 | 31/08/2016 | French | |
| Abridged model | 31/12/2014 | 23/04/2015 | 28/08/2015 | French | |
| Abridged model | 31/12/2013 | 24/04/2014 | 24/06/2014 | French | |
| Abridged model | 31/12/2012 | 25/04/2013 | 01/07/2013 | French | |
| Abridged model | 31/12/2011 | 26/04/2012 | 30/08/2012 | French | |
| Abridged model | 31/12/2010 | 28/04/2011 | 25/07/2011 | French | |
| Abridged model | 31/12/2009 | 22/04/2010 | 15/07/2010 | French | |
| Abridged model | 31/12/2008 | 23/04/2009 | 22/07/2009 | French | |
| Abridged model | 31/12/2007 | 24/04/2008 | 22/07/2008 | French | |
| Abridged model | 31/12/2006 | 27/04/2007 | 23/07/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 5 ended
Active mandates
Arielle MARGAUX
ActiveEnded mandates
Arielle Margaux
EndedHelene Cohen
EndedHelene Cohen
EndedHelene Cohen
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates29/03/2024STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
- Registered office30/12/2021SIEGE SOCIAL
- Registered office25/06/2015SIEGE SOCIAL
- Registered office10/10/2012SIEGE SOCIAL
- Registered office11/06/2010SIEGE SOCIAL
- Registered office10/06/2009SIEGE SOCIAL
- Registered office13/03/2006SIEGE SOCIAL
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202531,1 k €↑
- 2024Annual accounts 202422,3 k €↑
- 2023Annual accounts 2023-3,6 k €↑
- 2022Annual accounts 2022-15,5 k €↑
- 2021Annual accounts 2021-34,4 k €↓
- 2020Annual accounts 2020-16,8 k €↓
- 2019Annual accounts 2019176,7 €↓
- 2018Annual accounts 201836,4 k €↑
- 2017Annual accounts 201717,5 k €↓
- 2016Annual accounts 201632,8 k €↑
- 2015Annual accounts 20151,1 k €↓
- 2014Annual accounts 20148,9 k €↑
- 2013Annual accounts 2013-3,7 k €↑
- 2012Annual accounts 2012-20,4 k €↑
- 2011Annual accounts 2011-66,4 k €↓
- 2010Annual accounts 20104,6 k €↓
- 2009Annual accounts 200962,5 k €↑
- 2008Annual accounts 20083,1 k €↑
- 2007Annual accounts 20072,8 k €↑
- 2006Annual accounts 2006-95,2 k €
- 08/09/1994IncorporationPrivate limited company