ACTIVE

mrcd

Financial year 2025 · closed on 30/09/2025
Net result
10,2 k €
+213.1% YoY
Gross margin
45,7 k €
+9.7% YoY
Equity
-279,1 k €
+3.5% YoY

What does mrcd do?

mrcd is a Public limited company incorporated in 1996. Its main activity is: Specialised design activities. Its registered office is in Lier.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0457.642.535
Incorporation
28/03/1996
Legal form
Public limited company
Registered office
Antwerpsesteenweg 168
2500 Lier · FlandreSee on map
Contributed capital
1 313 835,68 €
Latest accounts
30/09/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222012201120102009200820072006
Income statement
Gross margin45,7 k €41,6 k €-42,4 k €177,2 k €149,8 k €172,9 k €165 k €154,3 k €199,5 k €213,7 k €146,8 k €
EBITDA38,3 k €34,6 k €-49,1 k €171 k €141,9 k €160,2 k €161,7 k €151,5 k €196,8 k €191,9 k €138,8 k €
Operating result25,6 k €22,2 k €-54,5 k €159,2 k €79,8 k €94,3 k €96,7 k €100,7 k €140,7 k €131,9 k €84 k €
Net result10,2 k €3,2 k €-75,9 k €112,8 k €20,5 k €-17,3 k €-14,9 k €7 k €32,4 k €280,2 k €-64,9 k €
Balance sheet
Equity-279,1 k €-289,2 k €-292,5 k €-216,6 k €410 k €389,5 k €406,8 k €421,7 k €414,7 k €382,3 k €102,1 k €
Total assets189 k €221,9 k €263 k €467,1 k €2,1 M €2,1 M €2,1 M €1,7 M €1,8 M €1,8 M €1,6 M €
Cash22,1 k €26,2 k €67,8 k €150,9 k €24,6 k €19,4 k €51,8 k €93 k €37,9 k €122,4 k €72,4 k €
Debts467,6 k €510,8 k €555,1 k €683,3 k €1,7 M €1,7 M €1,7 M €1,3 M €1,4 M €1,4 M €1,5 M €
Other
Workforce0,6 ETP1,0 ETP
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 30/09/2025 · 2 active · 18 ended

Active mandates

Ann MICHIELSEN

Bestuurder · since 01 mars 2021 · until 01 mars 2027

Active
Marc DE NEVE

Gedelegeerd bestuurder · since 01 mars 2021 · until 01 mars 2027

Active

Ended mandates

Ann MICHIELSEN

Director · since 01 mars 2021 · until 28 février 2027

Ended
Ann MICHIELSEN

Director · since 01 mars 2021 · until 01 mars 2027

Ended
Marc DE NEVE

Managing director · since 01 mars 2021 · until 28 février 2027

Ended
Marc DE NEVE

Managing director · since 01 mars 2021 · until 01 mars 2027

Ended
At this address

Other companies at this address

CompanyCBE no.
MICHIELSENActive
0463.047.019
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/03/202613/03/202525/03/202426/04/202330/03/202229/04/2021
General meeting02/03/202603/03/202504/03/202430/03/202307/03/202201/03/2021
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
Micro model30/09/202502/03/202623/03/2026DutchPDF
Micro model30/09/202403/03/202513/03/2025DutchPDF
Micro model30/09/202304/03/202425/03/2024DutchPDF
Micro model30/09/202230/03/202326/04/2023DutchPDF
Micro model30/09/202107/03/202230/03/2022DutchPDF
Abridged model30/09/202001/03/202129/04/2021DutchPDF
Abridged model30/09/201930/03/202021/04/2020DutchPDF
Abridged model30/09/201804/03/201926/03/2019DutchPDF
Abridged model30/09/201705/03/201805/04/2018DutchPDF
Abridged model30/09/201606/03/201705/04/2017DutchPDF
Abridged model30/09/201507/03/201630/03/2016DutchPDF
Abridged model30/09/201402/03/201524/03/2015DutchPDF
Abridged model30/09/201327/05/201428/05/2014DutchPDF
Abridged model30/09/201204/03/201314/03/2013DutchPDF
Abridged model30/09/201105/03/201230/03/2012DutchPDF
Abridged model30/09/201007/03/201130/04/2011DutchPDF
Abridged model30/09/200901/03/201029/04/2010DutchPDF
Abridged model30/09/200802/03/200931/03/2009DutchPDF
Abridged model30/09/200703/03/200829/04/2008DutchPDF
Abridged model30/09/200605/03/200719/04/2007DutchPDF
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 30/09/2025 · 2 active · 18 ended

Active mandates

Ann MICHIELSEN

Bestuurder · since 01 mars 2021 · until 01 mars 2027

Active
Marc DE NEVE

Gedelegeerd bestuurder · since 01 mars 2021 · until 01 mars 2027

Active

Ended mandates

Ann MICHIELSEN

Director · since 01 mars 2021 · until 28 février 2027

Ended
Ann MICHIELSEN

Director · since 01 mars 2021 · until 01 mars 2027

Ended
Marc DE NEVE

Managing director · since 01 mars 2021 · until 28 février 2027

Ended
Marc DE NEVE

Managing director · since 01 mars 2021 · until 01 mars 2027

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring03/01/2019
    BENAMING - DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring29/10/2018
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates29/04/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/01/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/04/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/05/2009
    ONTSLAGEN - BENOEMINGEN
    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. 2025
    Annual accounts 202510,2 k €
  2. 2024
    Annual accounts 20243,2 k €
  3. 2023
    Annual accounts 2023-75,9 k €
  4. 2022
    Annual accounts 2022112,8 k €
  5. 2012
    Annual accounts 201220,5 k €
  6. 2011
    Annual accounts 2011-17,3 k €
  7. 2010
    Annual accounts 2010-14,9 k €
  8. 2009
    Annual accounts 20097 k €
  9. 2008
    Annual accounts 200832,4 k €
  10. 2007
    Annual accounts 2007280,2 k €
  11. 2006
    Annual accounts 2006-64,9 k €
  12. 28/03/1996
    IncorporationPublic limited company