ACTIVE

Menerga

Financial year 2025 · Closed on 30/04/2025

Net result-270,9 k €+40,4 %over 1 year
Gross margin1,4 M €+32,1 %over 1 year
Equity645,6 k €+873,5 %over 1 year
Workforce15,7 ETP+9,0 %over 1 year

Identity

Source · BCE/KBO

Menerga is a Public limited company incorporated in 1998. Its registered office is in Aarschot. It employs on average 15,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0463.715.131
Incorporation
06/07/1998
Legal form
Public limited company
Registered office
Nieuwlandlaan 133
3200 Aarschot · FlandreSee on map
Contributed capital
1 080 565,40 €
Latest accounts
30/04/2025
Average workforce
15,7 ETP
Joint committees (3)
  • 14904
  • 200
  • 218
Signals
Positive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin1,4 M €1,1 M €1,4 M €927,1 k €1,1 M €
EBITDA59,1 k €-190,2 k €260 k €-136,9 k €10,3 k €
Operating result-36 k €-342,6 k €182,4 k €-246,8 k €-81,7 k €
Net result-270,9 k €-454,4 k €134,2 k €-279,2 k €-116,7 k €
Balance sheet
Equity645,6 k €-83,5 k €370,9 k €236,7 k €516 k €
Total assets2,9 M €2,8 M €2,8 M €2,7 M €2,5 M €
Cash164,6 k €147,2 k €198,6 k €211,2 k €375,5 k €
Debts2,2 M €2,9 M €2,3 M €2,2 M €1,9 M €
Other
Workforce15,7 ETP14,4 ETP13,6 ETP12,9 ETP13,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/04/2025

3 active · 17 ended

Active mandates

Kurt Helmut Maurer

Director · since 15 septembre 2022 · until 16 septembre 2027

Active
Niall Horgan

Director · since 15 septembre 2022 · until 16 septembre 2027

Active
EMX

Managing director · since 21 novembre 2021 · until 16 septembre 2027 · 0642.548.190

Represented by Johan Verplaetsen

Active

Ended mandates

Augustyniak Arkadiusz

Director · since 30 avril 2019 · until 16 septembre 2021

Ended
Karl-Olof Glassel

Director · since 30 avril 2019 · until 16 septembre 2021

Ended
EMX

Managing director · since 29 décembre 2015 · until 16 septembre 2021 · 0642.548.190

Represented by Johan Verplaetsen

Ended
EMX

Managing director · since 29 décembre 2015 · until 16 septembre 2021 · 0642.548.190

Represented by Johan Verplaetsen

Ended

Other companies at this address

Nieuwlandlaan 133 3200 Aarschot
CompanyCBE no.
SYSTEMAIR● Active
0438.835.324

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/05/202401/05/202301/05/202201/05/202101/05/202001/05/2019
Closing of the financial year30/04/202530/04/202430/04/202330/04/202230/04/202130/04/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/11/202516/10/202419/10/202319/10/202229/11/202115/10/2020
General meeting08/10/202519/09/202421/09/202315/09/202212/11/202117/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/04/202508/10/202507/11/2025DutchPDF
Abridged model30/04/202419/09/202416/10/2024DutchPDF
Abridged model30/04/202321/09/202319/10/2023DutchPDF
Abridged model30/04/202215/09/202219/10/2022DutchPDF
Abridged model30/04/202112/11/202129/11/2021DutchPDF
Abridged model30/04/202017/09/202015/10/2020DutchPDF
Abridged model30/04/201919/09/201922/11/2019DutchPDF
Abridged model30/04/201820/09/201831/10/2018DutchPDF
Abridged model30/04/201721/09/201730/10/2017DutchPDF
Abridged model30/04/201615/09/201630/11/2016DutchPDF
Abridged model31/12/201408/05/201529/07/2015DutchPDF
Abridged model31/12/201319/05/201431/07/2014DutchPDF
Abridged model31/12/201218/06/201302/07/2013DutchPDF
Abridged model31/12/201105/06/201224/08/2012DutchPDF
Abridged model31/12/201025/05/201123/08/2011DutchPDF
Abridged model31/12/200921/06/201026/08/2010DutchPDF
Abridged model31/12/200825/05/200906/08/2009DutchPDF
Abridged model31/12/200721/05/200819/07/2008DutchPDF
Abridged model31/12/200625/05/200717/08/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/04/2025

3 active · 17 ended

Active mandates

Kurt Helmut Maurer

Director · since 15 septembre 2022 · until 16 septembre 2027

Active
Niall Horgan

Director · since 15 septembre 2022 · until 16 septembre 2027

Active
EMX

Managing director · since 21 novembre 2021 · until 16 septembre 2027 · 0642.548.190

Represented by Johan Verplaetsen

Active

Ended mandates

Augustyniak Arkadiusz

Director · since 30 avril 2019 · until 16 septembre 2021

Ended
Karl-Olof Glassel

Director · since 30 avril 2019 · until 16 septembre 2021

Ended
EMX

Managing director · since 29 décembre 2015 · until 16 septembre 2021 · 0642.548.190

Represented by Johan Verplaetsen

Ended
EMX

Managing director · since 29 décembre 2015 · until 16 septembre 2021 · 0642.548.190

Represented by Johan Verplaetsen

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/09/2026
    ONTSLAGEN, BENOEMINGEN
    PDF
  • Capital / shares04/02/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Other28/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates27/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/01/2016
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates09/08/2012
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025-270,9 k €↑
  2. 2024
    Annual accounts 2024-454,4 k €↓
  3. 2023
    Annual accounts 2023134,2 k €↑
  4. 2022
    Annual accounts 2022-279,2 k €↓
  5. 2021
    Annual accounts 2021-116,7 k €↓
  6. 2020
    Annual accounts 2020295,1 k €↑
  7. 2019
    Annual accounts 2019-166,7 k €↓
  8. 2018
    Annual accounts 2018228,6 k €↑
  9. 2017
    Annual accounts 2017119,8 k €↑
  10. 2016
    Annual accounts 201614,9 k €↓
  11. 2014
    Annual accounts 2014152,7 k €↑
  12. 2013
    Annual accounts 2013-9,3 k €↓
  13. 2012
    Annual accounts 201241,9 k €↑
  14. 2011
    Annual accounts 201125,8 k €↓
  15. 2010
    Annual accounts 2010183 k €↑
  16. 2009
    Annual accounts 2009146,9 k €↑
  17. 2008
    Annual accounts 200817,9 k €↓
  18. 2007
    Annual accounts 200732,7 k €↑
  19. 2006
    Annual accounts 200621,6 k €
  20. 06/07/1998
    IncorporationPublic limited company