ACTIVE

MARGATES

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Financial year 2019 · closed on 31/03/2019

Net result

18 M €

+609.8% YoY

Gross margin

453,2 k €

+28.3% YoY

Equity

29,5 M €

+156.7% YoY

What does MARGATES do?

MARGATES is a Limited partnership incorporated in 2001. Its main activity is: Management consultancy activities. Its registered office is in Sint-Martens-Latem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0474.717.505

Incorporation

30/04/2001

Legal form

Limited partnership

Registered office

Zuylenveld 12
9830 Sint-Martens-Latem · FlandreSee on map

Latest accounts

31/03/2019

Activities (NACE)

70200Management consultancy activities· main 70210Public relations and communication activities 70220Business and other management consultancy activities 73300Advertising and market research 74141Specialised design activities 70200Management consultancy activities+5

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	453,2 k €	+28.3%	353,3 k €	+14.1%	309,6 k €	+14.9%	269,5 k €	-1.3%	273,2 k €	+1.8%	268,4 k €	+14.0%	235,4 k €	+20.6%	195,2 k €	+41.2%	138,3 k €	+15.9%	119,3 k €	+24.9%	95,6 k €	+27.0%	75,2 k €	+5.5%	71,3 k €
EBITDA	448,8 k €	+27.9%	350,9 k €	+14.4%	306,7 k €	+14.1%	268,8 k €	-1.3%	272,4 k €	+1.8%	267,6 k €	+14.2%	234,3 k €	+20.7%	194,1 k €	+41.3%	137,4 k €	+16.0%	118,4 k €	+25.0%	94,7 k €	+27.1%	74,5 k €	+5.5%	70,7 k €
Operating result	-586,9 k €	-275%	336,3 k €	+15.1%	292,2 k €	+12.7%	259,3 k €	-1.4%	263 k €	+1.9%	258,2 k €	+14.5%	225,5 k €	+21.7%	185,4 k €	+34.9%	137,4 k €	+22.2%	112,4 k €	+26.7%	88,7 k €	+29.5%	68,5 k €	+5.6%	64,8 k €
Net result	18 M €	+610%	2,5 M €	+166%	953,4 k €	-81.2%	5,1 M €	+73.6%	2,9 M €	+3406%	83,4 k €	-43.2%	146,8 k €	+17.3%	125,1 k €	+39.6%	89,6 k €	+23.6%	72,5 k €	+26.3%	57,4 k €	+31.6%	43,6 k €	-6.0%	46,4 k €
Balance sheet
Equity	29,5 M €	+157%	11,5 M €	+28.3%	9 M €	+11.9%	8 M €	+173%	2,9 M €	+34312%	8,5 k €	+4.5%	8,1 k €	+0.1%	8,1 k €	-4.9%	8,6 k €	+1.1%	8,5 k €	-0.1%	8,5 k €	-0.9%	8,6 k €	-4.2%	8,9 k €
Total assets	31 M €	+153%	12,3 M €	+30.6%	9,4 M €	+16.0%	8,1 M €	+31.8%	6,1 M €	+101%	3,1 M €	+21.7%	2,5 M €	+1265%	184,1 k €	+67.1%	110,2 k €	+16.5%	94,6 k €	+14.6%	82,5 k €	+15.3%	71,5 k €	-19.5%	88,9 k €
Cash	12,3 M €	+272%	3,3 M €	-2.4%	3,4 M €	+30.3%	2,6 M €	+295%	660,9 k €	+47.2%	449,1 k €	+171%	165,9 k €	+58.6%	104,6 k €	+31.8%	79,4 k €	+3.9%	76,4 k €	+18.5%	64,5 k €	+49.8%	43,1 k €	-27.8%	59,6 k €
Debts	1,4 M €	+91.7%	752,8 k €	+72.8%	435,6 k €	+350%	96,8 k €	-97.0%	3,2 M €	+5.8%	3 M €	+21.1%	2,5 M €	+1323%	176 k €	+73.7%	101,3 k €	+17.7%	86,1 k €	+16.3%	74 k €	+17.5%	63 k €	-20.7%	79,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2019 · 1 active · 1 ended

Active mandates

Cedric Van Cauwenberghe

Manager · since 26 avril 2001

Active

Ended mandates

Cédric Van Cauwenberghe

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
VALCO● Active	0454.761.635

Annual accounts

Full financial information

	2019	2018	2017	2016	2015	2014
Type of account	Abridged model	Abridged model	Micro model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2018	01/04/2017	01/04/2016	01/04/2015	01/04/2014	01/04/2013
Closing of the financial year	31/03/2019	31/03/2018	31/03/2017	31/03/2016	31/03/2015	31/03/2014
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/09/2019	11/09/2018	22/05/2017	29/09/2016	22/09/2015	29/09/2014
General meeting	02/09/2019	03/09/2018	15/05/2017	05/09/2016	07/09/2015	01/09/2014
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

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Filings

Annual accounts filings

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2019	02/09/2019	09/09/2019	Dutch	PDF
Abridged model	31/03/2018	03/09/2018	11/09/2018	Dutch	PDF
Micro model	31/03/2017	15/05/2017	22/05/2017	Dutch	PDF
Abridged model	31/03/2016	05/09/2016	29/09/2016	Dutch	PDF
Abridged model	31/03/2015	07/09/2015	22/09/2015	Dutch	PDF
Abridged model	31/03/2014	01/09/2014	29/09/2014	Dutch	PDF
Abridged model	31/03/2013	02/09/2013	05/09/2013	Dutch	PDF
Abridged model	31/03/2012	05/09/2012	11/09/2012	Dutch	PDF
Abridged model	31/03/2011	06/09/2011	30/09/2011	Dutch	PDF
Abridged model	31/03/2010	06/09/2010	30/09/2010	Dutch	PDF
Abridged model	31/03/2009	07/09/2009	06/10/2009	Dutch	PDF
Abridged model	31/03/2008	01/09/2008	22/09/2008	Dutch	PDF
Abridged model	31/03/2007	03/09/2007	18/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/03/2019 · 1 active · 1 ended

Active mandates

Cedric Van Cauwenberghe

Manager · since 26 avril 2001

Active

Ended mandates

Cédric Van Cauwenberghe

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other07/04/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Registered office15/07/2019
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares27/10/2006
ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office02/10/2006
Transfert du siège social :
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

2019
Annual accounts 201918 M €↑
2018
Annual accounts 20182,5 M €↑
2017
Annual accounts 2017953,4 k €↓
2016
Annual accounts 20165,1 M €↑
2015
Annual accounts 20152,9 M €↑
2014
Annual accounts 201483,4 k €↓
2013
Annual accounts 2013146,8 k €↑
2012
Annual accounts 2012125,1 k €↑
2011
Annual accounts 201189,6 k €↑
2010
Annual accounts 201072,5 k €↑
2009
Annual accounts 200957,4 k €↑
2008
Annual accounts 200843,6 k €↓
2007
Annual accounts 200746,4 k €
30/04/2001
IncorporationLimited partnership

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MARGATES

Overview

What does MARGATES do?

Trend over 13 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline