ACTIVE

M.C.E.

Financial year 2025 · closed on 30/09/2025
Net result
-53,1 k €
+68.0% YoY
Gross margin
121,2 k €
+143.9% YoY
Equity
1,5 M €
-3.5% YoY

What does M.C.E. do?

M.C.E. is a Private company with limited liability incorporated in 1997. Its registered office is in Ieper.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0461.179.372
Incorporation
18/07/1997
Legal form
Private company with limited liability
Registered office
Dehemlaan 17C
8900 Ieper · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
30/09/2025
Signals
Positive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin121,2 k €49,7 k €124,6 k €96,8 k €482,5 k €422,2 k €335,9 k €295,3 k €458,7 k €390,4 k €244,5 k €413,3 k €236,8 k €288,1 k €245,4 k €251,3 k €352,3 k €213,4 k €2,8 k €153,4 k €
EBITDA111,7 k €38,4 k €120,2 k €91,4 k €429 k €370,8 k €275,9 k €237,3 k €399,5 k €358,5 k €241 k €409,7 k €232,1 k €284,9 k €244,1 k €249,7 k €351 k €212,4 k €95,1 k €141,9 k €
Operating result-23,6 k €-167,2 k €19,6 k €-16,1 k €322,5 k €169,4 k €201,2 k €200,8 k €362,9 k €322 k €204,4 k €358,9 k €197,4 k €203,6 k €228,2 k €213,3 k €315,2 k €201 k €86,5 k €129,2 k €
Net result-53,1 k €-166,2 k €13 k €887,7 €193,7 k €101,7 k €332,5 k €113,4 k €199,9 k €152,5 k €122,7 k €233,1 k €129,7 k €121,9 k €157,2 k €133,4 k €204,1 k €128,8 k €53 k €84,4 k €
Balance sheet
Equity1,5 M €1,5 M €1,7 M €1,7 M €1,7 M €1,5 M €1,4 M €1,5 M €1,4 M €1,2 M €1,1 M €949,6 k €771,5 k €641,8 k €519,9 k €662,7 k €532,2 k €334,1 k €461,3 k €408,3 k €
Total assets5,2 M €4,9 M €4 M €3,3 M €3,3 M €3,2 M €3,1 M €2,4 M €2,3 M €2 M €1,5 M €1,4 M €1,3 M €1,2 M €1,1 M €1,1 M €956,4 k €830,8 k €701,1 k €794,9 k €
Cash386,8 k €86,6 k €166,9 k €195,4 k €68,5 k €61,7 k €458,8 k €486,7 k €418 k €29,5 k €133,5 k €10,2 k €196,1 k €78,2 k €213,9 k €140,2 k €177,8 k €163,2 k €17,6 k €17 k €
Debts3,7 M €3,4 M €2,3 M €1,6 M €1,6 M €1,7 M €1,7 M €808,5 k €865,8 k €765,1 k €438,2 k €444,6 k €535,5 k €579,5 k €536 k €409,9 k €424,2 k €496,7 k €237,2 k €290,9 k €
Other
Workforce0,9 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active

Active mandates

Lieve Capoen

Manager

Active
Luc Markey

Manager

Active
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date22/05/202627/04/202514/05/202402/05/202305/05/202204/05/2021
General meeting31/03/202631/03/202514/05/202431/03/202301/03/202202/03/2021
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
Abridged model30/09/202531/03/202622/05/2026DutchPDF
Abridged model30/09/202431/03/202527/04/2025DutchPDF
Abridged model30/09/202314/05/202414/05/2024DutchPDF
Abridged model30/09/202231/03/202302/05/2023DutchPDF
Abridged model30/09/202101/03/202205/05/2022DutchPDF
Abridged model30/09/202002/03/202104/05/2021DutchPDF
Abridged model30/09/201903/03/202005/05/2020DutchPDF
Abridged model30/09/201805/03/201908/05/2019DutchPDF
Abridged model30/09/201706/03/201802/05/2018DutchPDF
Abridged model30/09/201607/03/201708/05/2017DutchPDF
Abridged model30/09/201508/03/201622/04/2016DutchPDF
Abridged model30/09/201410/03/201527/04/2015DutchPDF
Abridged model30/09/201311/03/201405/05/2014DutchPDF
Abridged model30/09/201212/03/201306/05/2013DutchPDF
Abridged model30/09/201110/11/201116/05/2012DutchPDF
Abridged model30/09/201008/03/201126/04/2011DutchPDF
Abridged model30/09/200909/03/201022/04/2010DutchPDF
Abridged model30/09/200810/03/200920/04/2009DutchPDF
Abridged model30/09/200711/03/200801/04/2008DutchPDF
Abridged model30/09/200603/04/200729/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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

Active mandates

Lieve Capoen

Manager

Active
Luc Markey

Manager

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office19/03/2021
    MAATSCHAPPELIJKE ZETEL - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares10/05/2019
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares20/10/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025-53,1 k €
  2. 2024
    Annual accounts 2024-166,2 k €
  3. 2023
    Annual accounts 202313 k €
  4. 2022
    Annual accounts 2022887,7 €
  5. 2021
    Annual accounts 2021193,7 k €
  6. 2020
    Annual accounts 2020101,7 k €
  7. 2019
    Annual accounts 2019332,5 k €
  8. 2018
    Annual accounts 2018113,4 k €
  9. 2017
    Annual accounts 2017199,9 k €
  10. 2016
    Annual accounts 2016152,5 k €
  11. 2015
    Annual accounts 2015122,7 k €
  12. 2014
    Annual accounts 2014233,1 k €
  13. 2013
    Annual accounts 2013129,7 k €
  14. 2012
    Annual accounts 2012121,9 k €
  15. 2011
    Annual accounts 2011157,2 k €
  16. 2010
    Annual accounts 2010133,4 k €
  17. 2009
    Annual accounts 2009204,1 k €
  18. 2008
    Annual accounts 2008128,8 k €
  19. 2007
    Annual accounts 200753 k €
  20. 2006
    Annual accounts 200684,4 k €
  21. 18/07/1997
    IncorporationPrivate company with limited liability