M68
0461.393.663 · rovalta.com · 23/09/2026
ACTIVE
M68
Financial year 2024 · closed on 31/12/2024
Net result
182,8 k €
+155.8% YoY
Gross margin
260,4 k €
+187.1% YoY
Equity
190,8 k €
+1050.2% YoY
Overview
What does M68 do?
M68 is a Limited partnership incorporated in 1997. Its main activity is: Electrical installation. Its registered office is in Brasschaat.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0461.393.663
Incorporation
08/09/1997
Legal form
Limited partnership
Registered office
Bloemaard 18
2930 Brasschaat · FlandreSee on map
2930 Brasschaat · FlandreSee on map
Contributed capital
8 676,27 €
Latest accounts
31/12/2024
Activities (NACE)
Joint committees (3)
- 14901
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 16 financial years
| 2024 | 2023 | 2022 | 2021 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||
| Gross margin | 260,4 k € | +187% | 90,7 k € | +7357% | -1,2 k € | +48.4% | -2,4 k € | -102% | 105,2 k € | +8.5% | 96,9 k € | +20.7% | 80,3 k € | -11.8% | 91 k € | -5.7% | 96,5 k € | +9.6% | 88,1 k € | +0.3% | 87,8 k € | -4.5% | 92 k € | +13.8% | 80,8 k € | -0.4% | 81,1 k € | +14.5% | 70,8 k € | +133% | 30,4 k € |
| EBITDA | 259,9 k € | +189% | 89,9 k € | +6747% | -1,4 k € | +57.2% | -3,2 k € | -173% | 4,3 k € | -1.8% | 4,4 k € | +30.3% | 3,4 k € | -37.1% | 5,4 k € | +45.0% | 3,7 k € | +63.0% | 2,3 k € | +174% | 831,1 € | -72.7% | 3 k € | +538% | 476,8 € | -42.3% | 826,3 € | -9.9% | 916,9 € | -84.2% | 5,8 k € |
| Operating result | 259,9 k € | +189% | 89,9 k € | +3293% | 2,6 k € | +137% | -7,2 k € | -265% | 4,3 k € | -1.8% | 4,4 k € | +30.3% | 3,4 k € | -37.1% | 5,4 k € | +45.0% | 3,7 k € | +63.0% | 2,3 k € | +174% | 831,1 € | -72.7% | 3 k € | +538% | 476,8 € | -42.3% | 826,3 € | -9.9% | 916,9 € | -84.2% | 5,8 k € |
| Net result | 182,8 k € | +156% | 71,5 k € | +16064% | 442,2 € | +104% | -10,4 k € | -3792% | 281 € | -66.2% | 832,2 € | +1110% | -82,4 € | -107% | 1,2 k € | +140% | 519,2 € | -38.3% | 842,1 € | +110% | 401,9 € | -78.6% | 1,9 k € | +602% | -374,3 € | -140% | 925,9 € | +11.7% | 829,2 € | -61.3% | 2,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||
| Equity | 190,8 k € | +1050% | 16,6 k € | +2349% | 677,4 € | +188% | 235,3 € | -99.1% | 25,5 k € | +1.1% | 25,2 k € | +3.4% | 24,4 k € | -0.3% | 24,5 k € | +5.4% | 23,2 k € | +2.3% | 22,7 k € | +3.8% | 21,9 k € | +1.9% | 21,5 k € | +9.6% | 19,6 k € | -1.9% | 20 k € | +4.9% | 19 k € | +4.6% | 18,2 k € |
| Total assets | 220,2 k € | +78.6% | 123,3 k € | +268% | 33,5 k € | +6.2% | 31,5 k € | -72.8% | 115,8 k € | +10.1% | 105,1 k € | +8.3% | 97,1 k € | -15.5% | 114,9 k € | +59.5% | 72,1 k € | +2.5% | 70,3 k € | -40.1% | 117,4 k € | +15.5% | 101,6 k € | +13.7% | 89,3 k € | -29.9% | 127,4 k € | +32.0% | 96,5 k € | +66.4% | 58 k € |
| Cash | 157,7 k € | +202% | 52,2 k € | +5674% | 904,5 € | +257% | 253,1 € | -78.4% | 1,2 k € | +4.8% | 1,1 k € | -26.7% | 1,5 k € | -70.8% | 5,2 k € | +200% | 1,7 k € | -70.6% | 5,9 k € | -39.9% | 9,8 k € | +296% | 2,5 k € | +77.0% | 1,4 k € | -92.5% | 18,6 k € | +10.7% | 16,8 k € | +91.5% | 8,8 k € |
| Debts | 29,4 k € | -72.5% | 106,7 k € | +236% | 31,7 k € | +16.3% | 27,3 k € | -69.8% | 90,3 k € | +13.0% | 79,9 k € | +9.9% | 72,7 k € | -19.6% | 90,5 k € | +85.2% | 48,8 k € | +2.6% | 47,6 k € | -50.1% | 95,5 k € | +19.1% | 80,2 k € | +14.9% | 69,7 k € | -35.1% | 107,4 k € | +38.7% | 77,4 k € | +97.2% | 39,3 k € |
| Other | |||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | 2,0 ETP | 0.0% | 2,0 ETP | 0.0% | 2,0 ETP | 0.0% | 2,0 ETP | 0.0% | 2,0 ETP | 0.0% | 2,0 ETP | 0.0% | 2,0 ETP | 0.0% | 2,0 ETP | +11.1% | 1,8 ETP | +80.0% | 1,0 ETP | ||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 1 active · 3 ended
Active mandates
Johan Hendrik Van der Auwera
ActiveEnded mandates
Ivo Hubert Bruynseels
EndedIvo Bruynseels
EndedIvo Bruynseels
EndedFinancials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 22/05/2025 | 09/08/2024 | 07/08/2023 | 30/08/2022 | 24/08/2021 | 29/10/2020 |
| General meeting | 21/05/2025 | 10/06/2024 | 12/06/2023 | 13/06/2022 | 14/06/2021 | 09/06/2020 |
| 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
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2024 | 21/05/2025 | 22/05/2025 | Dutch | |
| Micro model | 31/12/2023 | 10/06/2024 | 09/08/2024 | Dutch | |
| Micro model | 31/12/2022 | 12/06/2023 | 07/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 13/06/2022 | 30/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 14/06/2021 | 24/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 09/06/2020 | 29/10/2020 | Dutch | |
| Abridged model | 31/12/2018 | 11/06/2019 | 26/08/2019 | Dutch | |
| Micro model | 31/12/2017 | 11/06/2018 | 30/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 12/06/2017 | 30/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 13/06/2016 | 22/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 08/06/2015 | 31/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 10/06/2014 | 14/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 10/06/2013 | 29/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 11/06/2012 | 12/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 14/06/2011 | 19/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 14/06/2010 | 22/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 08/06/2009 | 20/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 09/06/2008 | 10/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 11/06/2007 | 13/06/2007 | Dutch |
Valuation
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.
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 31/12/2024 · 1 active · 3 ended
Active mandates
Johan Hendrik Van der Auwera
ActiveEnded mandates
Ivo Hubert Bruynseels
EndedIvo Bruynseels
EndedIvo Bruynseels
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
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
- 2024Annual accounts 2024182,8 k €↑
- 2023Annual accounts 202371,5 k €↑
- 2022Annual accounts 2022442,2 €↑
- 2022Name changeM68
- 2021Annual accounts 2021-10,4 k €↓
- 2017Annual accounts 2017281 €↓
- 2016Annual accounts 2016832,2 €↑
- 2015Annual accounts 2015-82,4 €↓
- 2014Annual accounts 20141,2 k €↑
- 2013Annual accounts 2013519,2 €↓
- 2012Annual accounts 2012842,1 €↑
- 2011Annual accounts 2011401,9 €↓
- 2010Annual accounts 20101,9 k €↑
- 2009Annual accounts 2009-374,3 €↓
- 2008Annual accounts 2008925,9 €↑
- 2007Annual accounts 2007829,2 €↓
- 2006Annual accounts 20062,1 k €
- 2006Name changeIbelec Automation
- 08/09/1997IncorporationLimited partnership