ACTIVE

MediaNation

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Financial year 2024 · Closed on 31/12/2024

Net result-811 k €+90,2 %over 1 year
Revenue1,1 M €
Equity1,5 M €+107,7 %over 1 year
Workforce2,5 ETP-37,5 %over 1 year

Identity

Source · BCE/KBO

MediaNation is a Public limited company incorporated in 1998. Its main activity is: Other publishing activities. Its registered office is in Gent. It employs on average 2,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0464.231.310
Incorporation
06/10/1998
Legal form
Public limited company
Registered office
Ottergemsesteenweg-Zuid 808 box 103
9000 Gent · FlandreSee on map
Contributed capital
10 618 032,01 €
Latest accounts
31/12/2024
Average workforce
2,5 ETP
Joint committees (1)
  • 200
Contacts
1 public detail availableLog in to view
Signals
Solid equityPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20242023202220212018
Income statement
Revenue1,1 M €––––
EBITDA487,3 k €-5,5 M €-3,4 M €-1,3 M €144,9 k €
Operating result-257,4 k €-6,8 M €-4,6 M €-2,3 M €-37,9 k €
Net result-811 k €-8,3 M €-5 M €-2,5 M €-101,8 k €
Balance sheet
Equity1,5 M €-19,8 M €-11,5 M €-6,5 M €-99,6 k €
Total assets2,1 M €3,2 M €8,4 M €10 M €4 M €
Cash9 k €26,6 k €31 k €108,3 k €286,9 k €
Debts542,2 k €23 M €19,5 M €16 M €4,1 M €
Other
Workforce2,5 ETP4,0 ETP7,7 ETP19,0 ETP5,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 43 ended

Active mandates

Christiaan Heggerick

Director · since 29 mai 2024 · until 13 juin 2030

Active
Philippe Pannier

Director · since 29 mai 2024 · until 13 juin 2030

Active
Paul Gheysens

Director · since 13 juin 2019 · until 12 juin 2025

Active

Ended mandates

Leasyprint Belgium

Director · since 11 août 2020 · until 12 juin 2025 · 0525.799.386

Represented by Wouter VERSCHELDEN

Ended
Michel Van Loon

Director · since 11 août 2020 · until 12 juin 2025

Ended
KAIZEN

Managing director · since 13 juin 2019 · until 12 juin 2025 · 0887.569.103

Represented by Dominique TANAKA

Ended
VerDe Company

Director · since 13 juin 2019 · until 12 juin 2025 · 0534.448.224

Represented by Xavier Verellen

Ended

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Full financial information

Source · NBB
202420232022202120202019
Type of accountFull 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 date11/07/202516/07/202410/07/202307/07/202209/07/202116/10/2020
General meeting12/06/202513/06/202408/06/202330/06/202210/06/202108/09/2020
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
Full model31/12/202412/06/202511/07/2025DutchPDF
Abridged model31/12/202313/06/202416/07/2024DutchPDF
Abridged model31/12/202208/06/202310/07/2023DutchPDF
Abridged model31/12/202130/06/202207/07/2022DutchPDF
Abridged model31/12/202010/06/202109/07/2021DutchPDF
Abridged model31/12/201908/09/202016/10/2020DutchPDF
Abridged model31/12/201813/06/201925/07/2019DutchPDF
Abridged model31/12/201714/06/201820/08/2018DutchPDF
Abridged model31/12/201630/06/201710/07/2017DutchPDF
Abridged model31/12/201525/04/201623/05/2016DutchPDF
Abridged model31/08/201406/03/201526/03/2015DutchPDF
Abridged model31/08/201306/09/201312/09/2013DutchPDF
Abridged model31/12/201224/05/201306/06/2013DutchPDF
Abridged model31/12/201110/02/201227/02/2012DutchPDF
Abridged model31/12/201029/08/201131/08/2011DutchPDF
Abridged model31/12/200924/06/201005/07/2010DutchPDF
Abridged model31/12/200821/04/200922/04/2009DutchPDF
Abridged model31/12/200723/06/200803/07/2008DutchPDF
Abridged model31/12/200611/05/200704/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 43 ended

Active mandates

Christiaan Heggerick

Director · since 29 mai 2024 · until 13 juin 2030

Active
Philippe Pannier

Director · since 29 mai 2024 · until 13 juin 2030

Active
Paul Gheysens

Director · since 13 juin 2019 · until 12 juin 2025

Active

Ended mandates

Leasyprint Belgium

Director · since 11 août 2020 · until 12 juin 2025 · 0525.799.386

Represented by Wouter VERSCHELDEN

Ended
Michel Van Loon

Director · since 11 août 2020 · until 12 juin 2025

Ended
KAIZEN

Managing director · since 13 juin 2019 · until 12 juin 2025 · 0887.569.103

Represented by Dominique TANAKA

Ended
VerDe Company

Director · since 13 juin 2019 · until 12 juin 2025 · 0534.448.224

Represented by Xavier Verellen

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/09/2025
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Mandates14/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/06/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Mandates24/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/07/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

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 2024-811 k €↑
  2. 2023
    Annual accounts 2023-8,3 M €↓
  3. 2022
    Annual accounts 2022-5 M €↓
  4. 2021
    Annual accounts 2021-2,5 M €↓
  5. 2020
    Name changeMediaNation
  6. 2018
    Annual accounts 2018-101,8 k €↑
  7. 2017
    Annual accounts 2017-124,9 k €↑
  8. 2016
    Annual accounts 2016-1 M €↓
  9. 2016
    Name changeGMGroup
  10. 2015
    Annual accounts 2015-987 k €↓
  11. 2014
    Annual accounts 2014-341 k €↓
  12. 2013
    Annual accounts 201332,9 k €↓
  13. 2013
    Name changeDEFINITIVE GROOVE
  14. 2012
    Annual accounts 201266,7 k €↑
  15. 2011
    Annual accounts 201140,2 k €↑
  16. 2010
    Annual accounts 20106,8 k €↓
  17. 2009
    Annual accounts 200937,4 k €↑
  18. 2008
    Annual accounts 2008-3,1 k €↑
  19. 2007
    Annual accounts 2007-3,4 k €↑
  20. 2006
    Annual accounts 2006-45,6 k €
  21. 2006
    Name changeA Propos
  22. 06/10/1998
    IncorporationPublic limited company