ACTIVE

M.P.L.

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Financial year 2025 · Closed on 31/12/2025

Net result700,2 k €+2,2 %over 1 year

Gross margin1,8 M €-0,2 %over 1 year

Equity4 M €+21,0 %over 1 year

Workforce11,2 ETP+0,9 %over 1 year

Identity

Source · BCE/KBO

M.P.L. is a Private limited company incorporated in 2002. Its main activity is: Wholesale of beverages. Its registered office is in Ciney. It employs on average 11,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0477.899.402
Incorporation: 03/07/2002
Legal form: Private limited company
Registered office: Avenue Schlogel 84
5590 Ciney · WallonieSee on map
Contributed capital: 30 460,00 €
Latest accounts: 31/12/2025
Average workforce: 11,2 ETP

Activities (NACE)

46349Wholesale of beverages· main 46349Wholesale of beverages 51340Air transport 46370Wholesale of coffee, tea, cocoa and spices 46370Wholesale of coffee, tea, cocoa and spices 47252Retail sale of beverages in specialised stores+6

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,8 M €	-0.2%	1,8 M €	+1.4%	1,7 M €	+47.2%	1,2 M €	+31.5%	900,6 k €
EBITDA	1 M €	-3.1%	1,1 M €	+5.0%	1 M €	+72.0%	592,9 k €	+29.6%	457,6 k €
Operating result	942,6 k €	+0.6%	936,9 k €	+5.1%	891,6 k €	+81.6%	490,9 k €	+21.3%	404,8 k €
Net result	700,2 k €	+2.2%	685,5 k €	+7.8%	635,6 k €	+80.9%	351,4 k €	+23.2%	285,1 k €
Balance sheet
Equity	4 M €	+21.0%	3,3 M €	+25.9%	2,6 M €	+31.6%	2 M €	+21.2%	1,7 M €
Total assets	6,6 M €	+1.4%	6,6 M €	+10.0%	6 M €	+11.4%	5,3 M €	+25.7%	4,3 M €
Cash	1,3 M €	-6.2%	1,4 M €	+25.1%	1,1 M €	+8.3%	1 M €	+75.4%	595 k €
Debts	2,6 M €	-19.0%	3,2 M €	-2.6%	3,3 M €	-0.6%	3,3 M €	+28.4%	2,6 M €
Other
Workforce	11,2 ETP	+0.9%	11,1 ETP	-11.9%	12,6 ETP	+5.9%	11,9 ETP	+3.5%	11,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Isabelle Bacq	Directorsince 19/12/2025
MAPOLERepresented by Raphael Ledecq	Directorsince 19/12/2025
Maurice Poncelet	Manager01/06/2002 → 19/12/2025

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Philippe Mathieu	Manager01/06/2002 → 13/11/2023
Raphael LEDECQ	Manager01/06/2002 → 2012 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/06/2026	22/07/2025	18/07/2024	04/08/2023	25/07/2022	26/07/2021
General meeting	26/05/2026	25/06/2025	27/06/2024	10/05/2023	10/05/2022	17/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/05/2026	02/06/2026	French	PDF
Abridged model	31/12/2024	25/06/2025	22/07/2025	French	PDF
Abridged model	31/12/2023	27/06/2024	18/07/2024	French	PDF
Abridged model	31/12/2022	10/05/2023	04/08/2023	French	PDF
Abridged model	31/12/2021	10/05/2022	25/07/2022	French	PDF
Abridged model	31/12/2020	17/06/2021	26/07/2021	French	PDF
Abridged model	31/12/2019	17/06/2020	17/08/2020	French	PDF
Abridged model	31/12/2018	17/06/2019	21/06/2019	French	PDF
Abridged model	31/12/2017	09/06/2018	10/07/2018	French	PDF
Abridged model	31/12/2016	09/06/2017	03/07/2017	French	PDF
Abridged model	31/12/2015	02/06/2016	20/06/2016	French	PDF
Abridged model	31/12/2014	10/06/2015	19/06/2015	French	PDF
Abridged model	31/12/2013	04/06/2014	30/06/2014	French	PDF
Abridged model	31/12/2012	04/06/2013	26/06/2013	French	PDF
Abridged model	31/12/2011	07/06/2012	29/06/2012	French	PDF
Abridged model	31/12/2010	06/06/2011	16/06/2011	French	PDF
Abridged model	31/12/2009	06/07/2010	17/08/2010	French	PDF
Abridged model	31/12/2008	07/07/2009	15/07/2009	French	PDF
Abridged model	31/12/2007	20/04/2008	27/08/2008	French	PDF
Abridged model	31/12/2006	27/04/2007	16/08/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

3 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Isabelle Bacq	Directorsince 19/12/2025
MAPOLERepresented by Raphael Ledecq	Directorsince 19/12/2025
Maurice Poncelet	Manager01/06/2002 → 19/12/2025

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Philippe Mathieu	Manager01/06/2002 → 13/11/2023
Raphael LEDECQ	Manager01/06/2002 → 2012 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates12/02/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates27/11/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS - SIEGE SOCIAL - CAPITAL, ACTIONS
PDF
Capital / shares23/01/2019
CAPITAL, ACTIONS
PDF
Capital / shares27/01/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates02/08/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates27/11/2012
DEMISSIONS, NOMINATIONS
PDF

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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

MAPOLE

Isabelle Bacq

Maurice Poncelet

Raphael LEDECQ

Philippe Mathieu

2002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

MPL

Avenue Schlogel 84, 5590 Ciney

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue Schlogel 84, 5590 CineyCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00135742

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
M.P.L.Current		CBE
MPL	accounts 2023 → 2025	Accounts 2025 · 2026-00135742
MPL LA CAVE A GRAINS	accounts 2022	Accounts 2022 · 2023-00317268
M.P.L.	accounts 2021	Accounts 2021 · 2022-20225230

Events

2025
Annual accounts 2025700,2 k €↑
2024
Annual accounts 2024685,5 k €↑
2023
Annual accounts 2023635,6 k €↑
2023
Name changeMPL
2022
Annual accounts 2022351,4 k €↑
2022
Name changeMPL LA CAVE A GRAINS
2021
Annual accounts 2021285,1 k €↑
2020
Annual accounts 20209,7 k €↓
2019
Annual accounts 2019165,4 k €↑
2018
Annual accounts 2018153,1 k €↑
2017
Annual accounts 2017136,3 k €↑
2016
Annual accounts 2016123,3 k €↓
2015
Annual accounts 2015161,1 k €↑
2014
Annual accounts 2014137,4 k €↑
2013
Annual accounts 2013118 k €↓
2012
Annual accounts 2012213,5 k €↑
2011
Annual accounts 2011153,9 k €↑
2010
Annual accounts 2010125,1 k €↑
2009
Annual accounts 200974,9 k €↑
2008
Annual accounts 200867,2 k €↑
2007
Annual accounts 200751,7 k €↑
2006
Annual accounts 200648,8 k €
03/07/2002
IncorporationPrivate limited company

M.P.L.

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline

Registered offices

Company names

Events