ACTIVE

M-SKILLS

Financial year 2025 · Closed on 31/12/2025

Net result3,3 k €+21,7 %over 1 year
Gross margin-1,9 k €-86,3 %over 1 year
Equity186,5 k €+1,8 %over 1 year

Identity

Source · BCE/KBO

M-SKILLS is a Public limited company incorporated in 2000. Its main activity is: Computer programming activities. Its registered office is in Etterbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0473.595.273
Incorporation
22/12/2000
Legal form
Public limited company
Registered office
Rue des Francs 79
1040 Etterbeek · BruxellesSee on map
Contributed capital
250 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 20 filings

Trend over 14 financial years

20252024202320222021
Income statement
Gross margin-1,9 k €-1 k €–––
EBITDA-1,9 k €-1 k €-1,5 k €-21,4 k €-1,5 k €
Operating result-1,9 k €-1 k €-1,5 k €-22,7 k €-3,1 k €
Net result3,3 k €2,7 k €-1,5 k €-23,7 k €-3,7 k €
Balance sheet
Equity186,5 k €183,2 k €180,5 k €182 k €205,7 k €
Total assets188,3 k €183,5 k €180,8 k €365,3 k €398,2 k €
Cash6,8 k €6,9 k €8,1 k €189,1 k €76,7 k €
Debts1,8 k €296 €248,3 €183,3 k €192,5 k €
Other
Workforce–––3,0 ETP3,0 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 31/12/2025

4 active · 29 ended

Active mandates

Benoit Thonnard

Director · since 26 juin 2024 · until 25 juin 2030

Active
François le Hodey

Managing director · since 26 juin 2024 · until 26 juin 2030

Active
Denis Pierrard

Director · since 21 juin 2021 · until 25 avril 2027

Active
Patrice le Hodey

Director · since 15 juin 2021 · until 25 avril 2027

Active

Ended mandates

Denis Pierrard

Director · since 15 juin 2021 · until 25 avril 2027

Ended
Benoit Thonnard

Director · since 21 juin 2018 · until 25 avril 2024

Ended
François le Hodey

Managing director · since 21 juin 2018 · until 25 avril 2024

Ended
IPM Group

Director · since 21 juin 2018 · until 15 juin 2021 · 0403.508.716

Represented by Wim De Naeyer

Ended

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Rue des Francs 79 1040 Etterbeek
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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/07/202601/07/202522/07/202428/07/202325/07/202227/07/2021
General meeting29/05/202624/04/202526/06/202417/06/202323/06/202223/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202627/07/2026FrenchPDF
Abridged model31/12/202424/04/202501/07/2025FrenchPDF
Full model31/12/202326/06/202422/07/2024FrenchPDF
Full model31/12/202217/06/202328/07/2023FrenchPDF
Full model31/12/202123/06/202225/07/2022FrenchPDF
Full model31/12/202023/06/202127/07/2021FrenchPDF
Full model31/12/201924/06/202030/07/2020FrenchPDF
Full model31/12/201825/04/201924/07/2019FrenchPDF
Full model31/12/201721/06/201826/07/2018FrenchPDF
Full model31/12/201606/06/201712/07/2017FrenchPDF
Full model31/12/201523/06/201613/07/2016FrenchPDF
Full model31/12/201425/06/201515/07/2015FrenchPDF
Full model31/12/201312/06/201409/07/2014FrenchPDF
Full model31/12/201225/04/201318/07/2013FrenchPDF
Full model31/12/201126/04/201226/06/2012FrenchPDF
Full model31/12/201028/04/201131/05/2011FrenchPDF
Full model31/12/200907/06/201014/07/2010FrenchPDF
Full model31/12/200823/04/200930/07/2009FrenchPDF
Full model31/12/200724/04/200831/07/2008FrenchPDF
Full model31/12/200626/04/200706/07/2007FrenchPDF

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 31/12/2025

4 active · 29 ended

Active mandates

Benoit Thonnard

Director · since 26 juin 2024 · until 25 juin 2030

Active
François le Hodey

Managing director · since 26 juin 2024 · until 26 juin 2030

Active
Denis Pierrard

Director · since 21 juin 2021 · until 25 avril 2027

Active
Patrice le Hodey

Director · since 15 juin 2021 · until 25 avril 2027

Active

Ended mandates

Denis Pierrard

Director · since 15 juin 2021 · until 25 avril 2027

Ended
Benoit Thonnard

Director · since 21 juin 2018 · until 25 avril 2024

Ended
François le Hodey

Managing director · since 21 juin 2018 · until 25 avril 2024

Ended
IPM Group

Director · since 21 juin 2018 · until 15 juin 2021 · 0403.508.716

Represented by Wim De Naeyer

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/08/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/10/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/09/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/10/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/10/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/08/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/08/2016
    DEMISSIONS, NOMINATIONS
    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 20253,3 k €↑
  2. 2024
    Annual accounts 20242,7 k €↑
  3. 2023
    Annual accounts 2023-1,5 k €↑
  4. 2022
    Annual accounts 2022-23,7 k €↓
  5. 2021
    Annual accounts 2021-3,7 k €↓
  6. 2020
    Annual accounts 20207,9 k €↑
  7. 2019
    Annual accounts 20193,2 k €↓
  8. 2018
    Annual accounts 20184 k €↑
  9. 2017
    Annual accounts 2017636,6 €↑
  10. 2016
    Annual accounts 2016-2,3 k €↑
  11. 2015
    Annual accounts 2015-11,2 k €↓
  12. 2014
    Annual accounts 20141 k €↓
  13. 2013
    Annual accounts 201314,6 k €↑
  14. 2011
    Annual accounts 2011-11,6 k €
  15. 22/12/2000
    IncorporationPublic limited company