ACTIVE

COMMSQUARE

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Financial year 2025 · Closed on 31/12/2025

Net result403,8 k €+2 041,2 %over 1 year
Revenue7 M €
Equity866,5 k €+87,3 %over 1 year
Workforce9,5 ETP+11,8 %over 1 year

Identity

Source · BCE/KBO

COMMSQUARE is a Public limited company incorporated in 2001. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Mechelen. It employs on average 9,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0474.941.989
Incorporation
07/06/2001
Legal form
Public limited company
Registered office
Dellingstraat 34 box 1
2800 Mechelen · FlandreSee on map
Contributed capital
115 000,00 €
Latest accounts
31/12/2025
Average workforce
9,5 ETP
Joint committees (1)
  • 200
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222022
Income statement
Revenue7 M €––––
EBITDA782,3 k €432,7 k €563,9 k €378,5 k €-328,5 k €
Operating result351,7 k €64,9 k €245,8 k €134,3 k €-670,5 k €
Net result403,8 k €-20,8 k €164,6 k €174,9 k €-713,4 k €
Balance sheet
Equity866,5 k €462,6 k €483,5 k €318,8 k €-286,6 k €
Total assets3,7 M €3,1 M €3,1 M €2,4 M €1,6 M €
Cash194,2 k €371,6 k €242,3 k €419,4 k €170,2 k €
Debts2,4 M €2,4 M €2,4 M €1,9 M €1,7 M €
Other
Workforce9,5 ETP8,5 ETP7,4 ETP6,6 ETP9,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
MIMCO0870.330.817Represented by Stefan Engels
Directorsince 01/05/2008Manager01/05/2008 → 2009 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Leszek Mazurek
Manager15/03/2019 → 28/05/2019
Stefan Engels
Manageruntil 01/05/2008

Full financial information

Source · NBB
202520242023202220222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/04/202201/04/202101/04/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/03/202231/03/2021
Length of the financial year12 months12 months12 months9 months12 months12 months
Filing date24/06/202625/09/202510/06/202415/03/202327/10/202229/10/2021
General meeting22/06/202625/09/202503/06/202414/03/202329/09/202228/10/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202522/06/202624/06/2026DutchPDF
Abridged model31/12/202425/09/202525/09/2025DutchPDF
Abridged model31/12/202303/06/202410/06/2024DutchPDF
Abridged model31/12/202214/03/202315/03/2023DutchPDF
Abridged model31/03/202229/09/202227/10/2022DutchPDF
Abridged model31/03/202128/10/202129/10/2021DutchPDF
Abridged model31/03/202031/07/202003/08/2020DutchPDF
Full model31/03/201926/08/201920/09/2019DutchPDF
Full model31/03/201814/08/201822/08/2018DutchPDF
Full model31/03/201715/09/201702/11/2017DutchPDF
Abridged model30/09/201603/03/201708/03/2017DutchPDF
Abridged model30/09/201504/03/201616/03/2016DutchPDF
Abridged model30/09/201406/03/201531/03/2015DutchPDF
Abridged model30/09/201321/04/201430/04/2014DutchPDF
Abridged model30/09/201230/04/201317/05/2013DutchPDF
Abridged model30/09/201122/11/201110/05/2012DutchPDF
Abridged model30/09/201004/03/201129/04/2011DutchPDF
Abridged model30/09/200905/03/201002/04/2010DutchPDF
Abridged model30/09/200806/03/200931/03/2009DutchPDF
Abridged model30/09/200731/03/200830/04/2008DutchPDF
Abridged model30/09/200602/03/200730/03/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2025

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
MIMCO0870.330.817Represented by Stefan Engels
Directorsince 01/05/2008Manager01/05/2008 → 2009 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Leszek Mazurek
Manager15/03/2019 → 28/05/2019
Stefan Engels
Manageruntil 01/05/2008

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates13/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/12/2022
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates22/12/2021
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Capital / shares31/12/2019
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates25/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/02/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/04/2017
    Statutenwijziging
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
MIMCO
Leszek Mazurek
Stefan Engels
20012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
COMMSQUARE
Dellingstraat 34 bte 1, 2800 Mechelen
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Dellingstraat 34 bte 1, 2800 MechelenCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00196492

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
COMMSQUARECurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00196492

Events

  1. 2025
    Annual accounts 2025403,8 k €↑
  2. 2024
    Annual accounts 2024-20,8 k €↓
  3. 2023
    Annual accounts 2023164,6 k €↓
  4. 2022
    Annual accounts 2022174,9 k €↑
  5. 2022
    Annual accounts 2022-713,4 k €↓
  6. 2021
    Annual accounts 2021-234,7 k €↓
  7. 2020
    Annual accounts 202046,2 k €↑
  8. 2019
    Annual accounts 2019-86 k €↓
  9. 2018
    Annual accounts 201840,1 k €↓
  10. 2017
    Annual accounts 201751,4 k €↓
  11. 2016
    Annual accounts 2016240,9 k €↓
  12. 2015
    Annual accounts 2015319,7 k €↑
  13. 2014
    Annual accounts 2014278,9 k €↑
  14. 2013
    Annual accounts 2013102,7 k €↑
  15. 2012
    Annual accounts 2012-93,9 k €↓
  16. 2011
    Annual accounts 201114,3 k €↓
  17. 2010
    Annual accounts 201039,4 k €↑
  18. 2009
    Annual accounts 20094,7 k €↓
  19. 2008
    Annual accounts 200816,1 k €↓
  20. 2007
    Annual accounts 2007104,9 k €
  21. 07/06/2001
    IncorporationPublic limited company