ACTIVE

M & R

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Financial year 2025 · closed on 30/06/2025
Net result
-128,6 k €
-255.6% YoY
Gross margin
24,6 k €
-74.2% YoY
Equity
818 k €
-13.6% YoY
Workforce
0,0 ETP

What does M & R do?

M & R is a Private limited company incorporated in 2001. Its main activity is: Construction of roads and motorways. Its registered office is in Knokke-Heist.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0476.024.728
Incorporation
07/11/2001
Legal form
Private limited company
Registered office
Elizabetlaan 241
8300 Knokke-Heist · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
30/06/2025
Average workforce
0,0 ETP
Activities (NACE)
42110Construction of roads and motorways· main42110Construction of roads and motorways45230Maintenance and repair of motor vehicles42220Construction of utility projects for electricity and telecommunications42220Construction of utility projects for electricity and telecommunications42911Construction of water projects+6
Joint committees (1)
  • 218
Signals
Low riskGood liquidityPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220202019201820172016201520142013201220112010200920082007
Income statement
Gross margin24,6 k €95,2 k €557,8 k €202 k €156,4 k €196,2 k €404,6 k €312,8 k €311,6 k €350,6 k €375 k €358,6 k €321,4 k €241,1 k €194,9 k €173,7 k €183 k €156 k €
EBITDA11 k €84,4 k €551,7 k €195,3 k €150,8 k €189,7 k €286 k €68,1 k €119,1 k €128,1 k €131,5 k €156,2 k €191,9 k €98,4 k €73,1 k €85,9 k €83,1 k €67,4 k €
Operating result-39,3 k €-16,5 k €526,2 k €161,6 k €104,4 k €151,8 k €248,1 k €30,8 k €53,1 k €68 k €71,4 k €103,1 k €133 k €-67 k €33,8 k €46,6 k €43,7 k €28,1 k €
Net result-128,6 k €-36,2 k €372,2 k €97,1 k €35,2 k €83,7 k €140,9 k €-17,1 k €1,1 k €3,4 k €11,2 k €167,2 k €96,9 k €-102,7 k €4,4 k €15 k €9,6 k €-6,9 k €
Balance sheet
Equity818 k €946,6 k €982,8 k €610,5 k €433,1 k €397,8 k €314,1 k €173,2 k €190,3 k €189,2 k €185,8 k €174,6 k €7,4 k €-89,5 k €13,2 k €8,8 k €-6,2 k €-15,8 k €
Total assets2,9 M €3,2 M €1,9 M €1,8 M €1,9 M €1,9 M €1,9 M €2 M €2 M €2,1 M €2 M €2,1 M €2,3 M €2,3 M €602,1 k €637,7 k €669,8 k €707,4 k €
Cash134,7 €3,9 €10 k €11,1 k €119,2 €228,7 €600,2 €78,9 €–26 k €2,3 k €915,6 €266 €–37,8 €3,7 k €7,8 k €7,9 k €
Debts2 M €2,1 M €808 k €1,2 M €1,4 M €1,5 M €1,6 M €1,7 M €1,7 M €1,8 M €1,8 M €1,9 M €2,3 M €2,3 M €588,9 k €628,9 k €676 k €723,2 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP––0,1 ETP5,4 ETP5,4 ETP1,6 ETP3,2 ETP3,2 ETP2,9 ETP2,6 ETP2,0 ETP1,8 ETP1,8 ETP1,8 ETP1,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 4 ended

Active mandates

PETER DE SMET

Director · since 29 juillet 2004

Active

Ended mandates

Peter De Smet

Director

Ended
PETER DE SMET

Manager

Ended
Peter Desmet

Director

Ended
Peter Desmet

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/12/202530/01/202531/01/202430/01/202331/01/202207/01/2021
General meeting19/12/202531/12/202424/01/202426/01/202325/01/202222/12/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202519/12/202526/12/2025DutchPDF
Abridged model30/06/202431/12/202430/01/2025DutchPDF
Abridged model30/06/202324/01/202431/01/2024DutchPDF
Abridged model30/06/202226/01/202330/01/2023DutchPDF
Abridged model30/06/202125/01/202231/01/2022DutchPDF
Abridged model30/06/202022/12/202007/01/2021DutchPDF
Abridged model30/06/201931/10/201928/11/2019DutchPDF
Abridged model30/06/201831/10/201827/11/2018DutchPDF
Abridged model30/06/201721/11/201728/11/2017DutchPDF
Abridged model30/06/201631/10/201629/11/2016DutchPDF
Abridged model30/06/201520/11/201529/12/2015DutchPDF
Abridged model30/06/201431/10/201427/11/2014DutchPDF
Abridged model30/06/201327/12/201321/01/2014DutchPDF
Abridged model30/06/201231/10/201228/12/2012DutchPDF
Abridged model30/06/201131/10/201116/02/2012DutchPDF
Abridged model30/06/201002/11/201013/01/2011DutchPDF
Abridged model30/06/200931/10/200923/12/2009DutchPDF
Abridged model30/06/200831/10/200823/12/2008DutchPDF
Abridged model30/06/200731/10/200728/01/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 4 ended

Active mandates

PETER DE SMET

Director · since 29 juillet 2004

Active

Ended mandates

Peter De Smet

Director

Ended
PETER DE SMET

Manager

Ended
Peter Desmet

Director

Ended
Peter Desmet

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/02/2024
    WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office13/10/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other06/08/2004
    DOEL - 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 2025-128,6 k €↓
  2. 2024
    Annual accounts 2024-36,2 k €↓
  3. 2023
    Annual accounts 2023372,2 k €↑
  4. 2022
    Annual accounts 202297,1 k €↑
  5. 2020
    Annual accounts 202035,2 k €↓
  6. 2019
    Annual accounts 201983,7 k €↓
  7. 2018
    Annual accounts 2018140,9 k €↑
  8. 2017
    Annual accounts 2017-17,1 k €↓
  9. 2016
    Annual accounts 20161,1 k €↓
  10. 2015
    Annual accounts 20153,4 k €↓
  11. 2014
    Annual accounts 201411,2 k €↓
  12. 2013
    Annual accounts 2013167,2 k €↑
  13. 2012
    Annual accounts 201296,9 k €↑
  14. 2011
    Annual accounts 2011-102,7 k €↓
  15. 2010
    Annual accounts 20104,4 k €↓
  16. 2009
    Annual accounts 200915 k €↑
  17. 2008
    Annual accounts 20089,6 k €↑
  18. 2007
    Annual accounts 2007-6,9 k €
  19. 07/11/2001
    IncorporationPrivate limited company