ACTIVE

COMMSQUARE

Financial year 2025 · closed on 31/12/2025
Net result
403,8 k €
+2041.2% YoY
Revenue
7 M €
Equity
866,5 k €
+87.3% YoY
Workforce
9,5 ETP
+11.8% YoY

What does COMMSQUARE do?

COMMSQUARE is a Public limited company incorporated in 2001. 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
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue7 M €4,1 M €3,9 M €4,6 M €2,3 M €5,1 M €4,7 M €3,3 M €
EBITDA782,3 k €432,7 k €563,9 k €378,5 k €-328,5 k €62,6 k €193,2 k €82,9 k €399,3 k €150,2 k €792 k €896 k €428,6 k €403,5 k €134,4 k €242,7 k €265,7 k €132,9 k €76,4 k €187,6 k €
Operating result351,7 k €64,9 k €245,8 k €134,3 k €-670,5 k €-242,3 k €-71,1 k €-172,4 k €118,7 k €-23,1 k €363,6 k €550,3 k €341 k €199,1 k €-40 k €70,9 k €102,1 k €63 k €35,9 k €158,7 k €
Net result403,8 k €-20,8 k €164,6 k €174,9 k €-713,4 k €-234,7 k €46,2 k €-86 k €40,1 k €51,4 k €240,9 k €319,7 k €278,9 k €102,7 k €-93,9 k €14,3 k €39,4 k €4,7 k €16,1 k €104,9 k €
Balance sheet
Equity866,5 k €462,6 k €483,5 k €318,8 k €-286,6 k €426,9 k €661,5 k €572,4 k €658,3 k €658,3 k €658,3 k €799,8 k €480,1 k €201,2 k €98,5 k €52,4 k €430,6 k €391,2 k €386,5 k €370,4 k €
Total assets3,7 M €3,1 M €3,1 M €2,4 M €1,6 M €1,9 M €2 M €2,4 M €2,5 M €2,3 M €2,5 M €2,4 M €1,7 M €1,3 M €1,1 M €1,4 M €1,5 M €1,3 M €1,1 M €801,9 k €
Cash194,2 k €371,6 k €242,3 k €419,4 k €170,2 k €374,9 k €43,5 k €21,9 k €32,4 k €336,2 k €334,4 k €882,4 k €114,3 k €92,2 k €109 k €99,8 k €52 k €64,2 k €241,5 k €185,3 k €
Debts2,4 M €2,4 M €2,4 M €1,9 M €1,7 M €1,3 M €1,2 M €1,7 M €1,6 M €1,4 M €1,7 M €1,6 M €1,2 M €1,1 M €963,2 k €1,4 M €1,1 M €914 k €670 k €428,3 k €
Other
Workforce9,5 ETP8,5 ETP7,4 ETP6,6 ETP9,4 ETP8,6 ETP7,7 ETP9,8 ETP14,1 ETP18,7 ETP17,3 ETP16,7 ETP13,0 ETP7,0 ETP6,7 ETP13,6 ETP15,8 ETP17,3 ETP18,5 ETP13,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

MIMCO

Director · since 08 décembre 2022 · 0870.330.817

Represented by Stefan Engels

Active

Ended mandates

MIMCO

Director · since 13 décembre 2019 · 0870.330.817

Represented by Stefan Engels

Ended
Leszek Mazurek

Manager · since 15 mars 2019 · until 28 mai 2019

Ended
MIMCO

Manager · since 01 mai 2008 · 0870.330.817

Represented by Stefan Engels

Ended
MIMCO

Director · since 01 mai 2008 · 0870.330.817

Represented by Stefan Engels

Ended
Annual accounts

Full financial information

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
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

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
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

MIMCO

Director · since 08 décembre 2022 · 0870.330.817

Represented by Stefan Engels

Active

Ended mandates

MIMCO

Director · since 13 décembre 2019 · 0870.330.817

Represented by Stefan Engels

Ended
Leszek Mazurek

Manager · since 15 mars 2019 · until 28 mai 2019

Ended
MIMCO

Manager · since 01 mai 2008 · 0870.330.817

Represented by Stefan Engels

Ended
MIMCO

Director · since 01 mai 2008 · 0870.330.817

Represented by Stefan Engels

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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
  • Mandates28/04/2017
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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

Timeline

  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