NORMAL SITUATION

M&N Fin

Company — Normal situation.

Financial year 2024 · Closed on 30/11/2024

Net result9,8 k €+128,1 %over 1 year
Gross margin11,6 k €+135,4 %over 1 year
Equity-262,4 k €+3,6 %over 1 year

Identity

Source · BCE/KBO

M&N Fin is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0475.288.122
Legal form
Public limited company
Contributed capital
63 400,00 €
Latest accounts
30/11/2024
Joint committees (1)
  • 14904
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 23 filings

Trend over 17 financial years

20242023202220212020
Income statement
Gross margin11,6 k €-32,9 k €27,8 k €89,5 k €101,1 k €
EBITDA11,5 k €-33,1 k €27,7 k €81,4 k €67,1 k €
Operating result11,5 k €-33,1 k €27,7 k €81,4 k €67,1 k €
Net result9,8 k €-34,9 k €26,2 k €82,3 k €63,9 k €
Balance sheet
Equity-262,4 k €-272,2 k €-237,3 k €-263,5 k €-345,8 k €
Total assets73,9 k €406,6 k €872,5 k €944,1 k €881 k €
Cash19,2 k €67,2 k €177,3 k €212,6 k €269,6 k €
Debts336,2 k €678,7 k €1,1 M €1,2 M €1,2 M €
Other
Workforce––––0,5 ETP

Board of directors

Source · NBB, accounts to 30/11/2024

2 active · 15 ended

Active mandates

Nadia Thielemans

Director

Active
Torfs Marc

Director

Active

Ended mandates

COMPACT MACHINERY

Director · since 27 mai 2016 · until 08 mai 2020 · 0891.830.569

Represented by Marc Torfs

Ended
Marc Torfs

Managing director · since 27 mai 2016 · until 08 mai 2020

Ended
COMPACT MACHINERY

Director · since 01 octobre 2013 · 0891.830.569

Represented by Marc Torfs

Ended
COMPACT MACHINERY

Mandate · since 01 octobre 2013 · 0891.830.569

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/12/202301/12/202201/12/202101/12/202001/12/201901/12/2018
Closing of the financial year30/11/202430/11/202330/11/202230/11/202130/11/202030/11/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/06/202528/06/202430/06/202322/06/202230/06/202123/05/2020
General meeting09/05/202531/05/202430/05/202313/05/202214/05/202108/05/2020
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, 23 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/11/202409/05/202504/06/2025DutchPDF
Abridged model30/11/202331/05/202428/06/2024DutchPDF
Abridged model30/11/202230/05/202330/06/2023DutchPDF
Abridged model30/11/202113/05/202222/06/2022DutchPDF
Abridged model30/11/202014/05/202130/06/2021DutchPDF
Abridged model30/11/201908/05/202023/05/2020DutchPDF
Abridged model30/11/201810/05/201927/05/2019DutchPDF
Abridged model30/11/201712/12/201718/12/2017DutchPDF
Abridged model30/11/201612/05/201719/05/2017DutchPDF
Abridged model31/12/201429/05/201503/06/2015DutchPDF
Abridged model31/12/201330/05/201402/06/2014DutchPDF
Abridged model31/12/201231/05/201303/06/2013DutchPDF
Abridged model31/12/201125/05/201229/05/2012DutchPDF
Abridged model31/12/201027/05/201120/07/2011DutchPDF
Abridged model31/12/200928/05/201001/06/2010DutchPDF
Abridged model31/12/200829/05/200912/06/2009DutchPDF
Abridged model31/12/200730/05/200805/08/2008DutchPDF
Abridged model31/12/200625/05/200722/06/2007DutchPDF
Abridged model31/12/200526/05/200606/06/2006DutchPDF
Abridged model31/12/200427/05/200506/06/2005DutchPDF
Abridged modelCorrection31/12/200328/05/200429/09/2004DutchPDF
Abridged model31/12/200328/05/200418/06/2004DutchPDF
Abridged model31/12/200230/05/200305/06/2003DutchPDF

Indicative valuation

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 30/11/2024

2 active · 15 ended

Active mandates

Nadia Thielemans

Director

Active
Torfs Marc

Director

Active

Ended mandates

COMPACT MACHINERY

Director · since 27 mai 2016 · until 08 mai 2020 · 0891.830.569

Represented by Marc Torfs

Ended
Marc Torfs

Managing director · since 27 mai 2016 · until 08 mai 2020

Ended
COMPACT MACHINERY

Director · since 01 octobre 2013 · 0891.830.569

Represented by Marc Torfs

Ended
COMPACT MACHINERY

Mandate · since 01 octobre 2013 · 0891.830.569

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution30/03/2026
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Mandates17/10/2023
    BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office27/02/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office01/02/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office26/01/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/10/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/04/2016
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates23/12/2013
    ONTSLAGEN - BENOEMINGEN
    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 20249,8 k €↑
  2. 2023
    Annual accounts 2023-34,9 k €↓
  3. 2023
    Name changeM&N Fin
  4. 2022
    Annual accounts 202226,2 k €↓
  5. 2021
    Annual accounts 202182,3 k €↑
  6. 2021
    Name changeTORFS MACHINERY
  7. 2020
    Annual accounts 202063,9 k €↓
  8. 2019
    Annual accounts 2019125,1 k €↑
  9. 2018
    Annual accounts 201881,2 k €↑
  10. 2017
    Annual accounts 2017-24,8 k €↑
  11. 2016
    Annual accounts 2016-693,3 k €↓
  12. 2014
    Annual accounts 20146,2 k €↑
  13. 2013
    Annual accounts 2013-43,5 k €↓
  14. 2012
    Annual accounts 20123,3 k €↑
  15. 2011
    Annual accounts 20111,1 k €↑
  16. 2010
    Annual accounts 2010-46,5 k €↓
  17. 2009
    Annual accounts 200926,7 k €↑
  18. 2008
    Annual accounts 200813 k €↓
  19. 2007
    Annual accounts 200715 k €