NORMAL SITUATION

M & S INVEST

Financial year 2024 · closed on 31/12/2024
Net result
-41,9 k €
-1858.1% YoY
Gross margin
606,4 k €
-9.0% YoY
Equity
82,8 k €
-33.6% YoY
Workforce
10,7 ETP
-23.0% YoY

Company — Normal situation.

Strike-off: 21 août 2026

What does M & S INVEST do?

M & S INVEST is a Private limited company incorporated in 1994. It employs on average 10,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0453.772.631
Incorporation
07/11/1994
Legal form
Private limited company
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Average workforce
10,7 ETP
Joint committees (3)
  • 140
  • 226
  • 302
Signals
Positive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin606,4 k €666,5 k €621 k €523 k €446,1 k €445,4 k €362,2 k €222,6 k €262,6 k €310 k €362,4 k €368,3 k €345,7 k €185 k €79,5 k €18,1 k €77,7 k €49,6 k €112 k €
EBITDA63,2 k €70,9 k €132,8 k €9,9 k €54 k €80,4 k €68,1 k €15,4 k €51,9 k €120,4 k €120,6 k €169,6 k €174,8 k €75,3 k €15,2 k €-48,9 k €19,1 k €-15,5 k €-22 €
Operating result-20,7 k €7,8 k €48 k €9,9 k €28,1 k €31,3 k €11,3 k €10,4 k €14,3 k €50 k €17,8 k €13,6 k €23,6 k €52,9 k €2,3 k €-48,9 k €19,1 k €-15,5 k €-22 €
Net result-41,9 k €2,4 k €38,8 k €5,5 k €18,5 k €25,4 k €5,3 k €4,1 k €2,1 k €12,2 k €1,6 k €17,4 k €10,5 k €10,7 k €-3,3 k €-45,6 k €10,1 k €3,7 k €3,8 k €
Balance sheet
Equity82,8 k €124,7 k €122,4 k €83,6 k €78,1 k €59,6 k €88,6 k €83,3 k €79,2 k €77,1 k €64,9 k €63,3 k €46 k €35,5 k €24,8 k €28,1 k €73,7 k €65,8 k €62,1 k €
Total assets290,5 k €612,8 k €545,7 k €461,1 k €439 k €429,2 k €352,8 k €284,4 k €282 k €341,2 k €427,5 k €423 k €384,6 k €277,4 k €324,6 k €245 k €254,9 k €192,4 k €306,4 k €
Cash21 k €23,2 k €25,3 k €10,6 k €39,6 k €12,1 k €11,2 k €11,2 k €8,7 k €25,3 k €8,9 k €55,2 k €20,5 k €13,7 k €18,4 k €24,4 k €5,4 k €1,4 k €6,1 k €
Debts207,6 k €488 k €390,4 k €377,5 k €360,9 k €368,8 k €264,2 k €198,7 k €200,8 k €264,1 k €362,6 k €359,7 k €338,6 k €239,9 k €299,8 k €216,9 k €181,2 k €126,5 k €244,3 k €
Other
Workforce10,7 ETP13,9 ETP11,8 ETP13,3 ETP13,3 ETP10,9 ETP9,0 ETP6,8 ETP6,6 ETP6,5 ETP7,8 ETP7,2 ETP6,0 ETP4,8 ETP1,8 ETP3,1 ETP1,7 ETP2,1 ETP3,6 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 3 ended

Active mandates

KEREL

Director · since 26 novembre 2024 · 0657.910.418

Represented by Kristof Gouvaerts

Active
LUMA

Director · since 26 novembre 2024 · 0631.734.571

Represented by Rafaël Lambrix

Active
Steven Marien

Director · until 26 novembre 2024

Active

Ended mandates

Steven Marien

Director

Ended
Steven Marien

Manager

Ended
STEVEN MARIEN

Mandate

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/07/202601/07/202413/07/202326/07/202213/07/202130/07/2020
General meeting11/08/202530/03/202431/03/202323/06/202224/06/202125/06/2020
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged modelCorrection31/12/202411/08/202502/07/2026DutchPDF
Abridged model31/12/202411/08/202512/08/2025DutchPDF
Abridged model31/12/202330/03/202401/07/2024DutchPDF
Abridged model31/12/202231/03/202313/07/2023DutchPDF
Abridged model31/12/202123/06/202226/07/2022DutchPDF
Abridged model31/12/202024/06/202113/07/2021DutchPDF
Abridged model31/12/201925/06/202030/07/2020DutchPDF
Abridged model31/12/201827/06/201925/07/2019DutchPDF
Abridged model31/12/201728/06/201831/07/2018DutchPDF
Abridged model31/12/201629/06/201727/07/2017DutchPDF
Abridged model31/12/201530/06/201629/07/2016DutchPDF
Abridged model31/12/201425/06/201528/07/2015DutchPDF
Abridged model31/12/201326/06/201424/07/2014DutchPDF
Abridged model31/12/201227/06/201311/07/2013DutchPDF
Abridged model31/12/201128/06/201213/07/2012DutchPDF
Abridged model31/12/201030/06/201130/08/2011DutchPDF
Abridged model31/12/200930/06/201016/11/2010DutchPDF
Abridged model31/12/200831/03/200917/10/2009DutchPDF
Abridged model31/12/200717/06/200830/09/2008DutchPDF
Abridged model31/12/200618/06/200728/09/2007DutchPDF
Estimate

Indicative valuation

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 · 3 active · 3 ended

Active mandates

KEREL

Director · since 26 novembre 2024 · 0657.910.418

Represented by Kristof Gouvaerts

Active
LUMA

Director · since 26 novembre 2024 · 0631.734.571

Represented by Rafaël Lambrix

Active
Steven Marien

Director · until 26 novembre 2024

Active

Ended mandates

Steven Marien

Director

Ended
Steven Marien

Manager

Ended
STEVEN MARIEN

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring01/09/2026
    VERRICHTING GELIJKGESTELD MET EEN FUSIE DOOR OVERNEMING
    PDF
  • Restructuring10/04/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/06/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates24/04/2025
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Mandates23/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office02/12/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/10/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/03/2015
    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 2024-41,9 k €
  2. 2023
    Annual accounts 20232,4 k €
  3. 2022
    Annual accounts 202238,8 k €
  4. 2021
    Annual accounts 20215,5 k €
  5. 2020
    Annual accounts 202018,5 k €
  6. 2019
    Annual accounts 201925,4 k €
  7. 2018
    Annual accounts 20185,3 k €
  8. 2017
    Annual accounts 20174,1 k €
  9. 2016
    Annual accounts 20162,1 k €
  10. 2015
    Annual accounts 201512,2 k €
  11. 2014
    Annual accounts 20141,6 k €
  12. 2013
    Annual accounts 201317,4 k €
  13. 2012
    Annual accounts 201210,5 k €
  14. 2011
    Annual accounts 201110,7 k €
  15. 2010
    Annual accounts 2010-3,3 k €
  16. 2009
    Annual accounts 2009-45,6 k €
  17. 2008
    Annual accounts 200810,1 k €
  18. 2007
    Annual accounts 20073,7 k €
  19. 2006
    Annual accounts 20063,8 k €
  20. 07/11/1994
    IncorporationPrivate limited company