ACTIVE

M - CON

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Financial year 2025 · closed on 30/09/2025

Net result

4,3 k €

+75.0% YoY

Gross margin

21 k €

-3.2% YoY

Equity

32,2 k €

+15.4% YoY

What does M - CON do?

M - CON is a Private limited company incorporated in 2002. Its main activity is: Management consultancy activities. Its registered office is in Schilde.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0478.569.393

Incorporation

15/10/2002

Legal form

Private limited company

Registered office

Riemstraat 73
2970 Schilde · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/09/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	21 k €	-3.2%	21,7 k €	-9.3%	23,9 k €	+11.0%	21,6 k €	+200%	-21,5 k €	+41.8%	-37 k €	-189%	41,8 k €	-5.9%	44,4 k €	-13.5%	51,4 k €	-31.2%	74,7 k €	+149%	30 k €	-8.3%	32,7 k €	+22.5%	26,7 k €	+303%	6,6 k €	-64.5%	18,7 k €	+129%	-63,5 k €	-83.8%	-34,5 k €	-140%	86,3 k €
EBITDA	20,3 k €	-4.1%	21,1 k €	-6.1%	22,5 k €	+5.2%	21,4 k €	+194%	-22,8 k €	+43.2%	-40,2 k €	-199%	40,6 k €	-7.6%	43,9 k €	-13.6%	50,9 k €	-31.4%	74,1 k €	+152%	29,4 k €	-8.8%	32,2 k €	+31.1%	24,6 k €	+373%	5,2 k €	-69.6%	17,1 k €	+126%	-65 k €	-78.4%	-36,4 k €	-167%	54,3 k €
Operating result	4,6 k €	-15.0%	5,4 k €	-54.3%	11,9 k €	+222%	3,7 k €	+109%	-40,7 k €	+15.4%	-48,1 k €	-294%	24,8 k €	-17.7%	30,2 k €	-15.6%	35,8 k €	-41.0%	60,7 k €	+241%	17,8 k €	-15.5%	21,1 k €	+58.1%	13,3 k €	+177%	-17,3 k €	-448%	5 k €	+106%	-77,1 k €	-58.2%	-48,8 k €	-216%	41,9 k €
Net result	4,3 k €	+75.0%	2,5 k €	-71.8%	8,7 k €	+854%	912,9 €	+102%	-43,6 k €	+11.1%	-49,1 k €	-374%	17,9 k €	-15.6%	21,2 k €	-16.9%	25,5 k €	-54.4%	56 k €	+406%	11,1 k €	-19.5%	13,7 k €	+99.5%	6,9 k €	+170%	-9,8 k €	-75.4%	-5,6 k €	+92.9%	-78,6 k €	-96.2%	-40,1 k €	-236%	29,5 k €
Balance sheet
Equity	32,2 k €	+15.4%	27,9 k €	+9.7%	25,4 k €	+52.1%	16,7 k €	+5.8%	15,8 k €	-73.4%	59,5 k €	-45.2%	108,6 k €	+19.8%	90,6 k €	+30.6%	69,4 k €	+58.2%	43,9 k €	+463%	-12,1 k €	+47.8%	-23,1 k €	+46.3%	-43,1 k €	+13.8%	-49,9 k €	-24.5%	-40,1 k €	-16.3%	-34,5 k €	-178%	44,1 k €	-47.6%	84,1 k €
Total assets	250,1 k €	-3.3%	258,8 k €	-3.1%	267,1 k €	+16.0%	230,2 k €	+1.9%	225,8 k €	-23.1%	293,8 k €	-12.5%	335,9 k €	-8.4%	366,9 k €	+7.2%	342,2 k €	+1.4%	337,6 k €	+21.3%	278,4 k €	+12.5%	247,4 k €	+10.2%	224,4 k €	+4.2%	215,3 k €	+403%	42,8 k €	-13.4%	49,4 k €	-54.4%	108,4 k €	-36.1%	169,8 k €
Cash	1,7 k €	-8.1%	1,9 k €	+289%	476,6 €	+3.6%	459,8 €	-91.8%	5,6 k €	-90.8%	61,5 k €	+163%	23,3 k €	+25.5%	18,6 k €	-19.4%	23,1 k €	+28.6%	17,9 k €	+1359%	1,2 k €	-62.7%	3,3 k €	+24.3%	2,7 k €	-40.2%	4,4 k €	+253%	1,3 k €	-80.5%	6,4 k €	-61.9%	16,9 k €	+34.8%	12,5 k €
Debts	217,9 k €	-5.6%	230,9 k €	-4.5%	241,7 k €	+13.2%	213,5 k €	+1.7%	210 k €	-10.4%	234,3 k €	+18.8%	197,3 k €	-19.9%	246,2 k €	+1.4%	242,7 k €	-8.0%	263,7 k €	+1.2%	260,5 k €	+8.3%	240,5 k €	+1.3%	237,5 k €	+1.1%	234,9 k €	+344%	52,9 k €	-1.9%	53,9 k €	+57.0%	34,4 k €	-38.3%	55,7 k €

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 30/09/2025 · 1 active · 4 ended

Active mandates

Nico Verbaeten

Director · since 01 janvier 2020

Active

Ended mandates

Nico Verbaeten

Director · since 09 octobre 2002

Ended

Nico Verbaeten

Manager · since 09 octobre 2002

Ended

Nico Verbaeten

Director

Ended

Nico Verbaeten

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ALIUD Milieutechnieken● Active	0896.214.474

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/03/2026	28/04/2025	28/04/2024	24/03/2023	25/04/2022	31/03/2021
General meeting	02/03/2026	31/03/2025	29/03/2024	01/03/2023	26/03/2022	01/03/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	02/03/2026	31/03/2026	Dutch	PDF
Micro model	30/09/2024	31/03/2025	28/04/2025	Dutch	PDF
Micro model	30/09/2023	29/03/2024	28/04/2024	Dutch	PDF
Micro model	30/09/2022	01/03/2023	24/03/2023	Dutch	PDF
Micro model	30/09/2021	26/03/2022	25/04/2022	Dutch	PDF
Micro model	30/09/2020	01/03/2021	31/03/2021	Dutch	PDF
Micro model	30/09/2019	02/03/2020	31/03/2020	Dutch	PDF
Micro model	30/09/2018	01/03/2019	02/04/2019	Dutch	PDF
Micro model	30/09/2017	01/03/2018	31/03/2018	Dutch	PDF
Abridged model	30/09/2016	01/03/2017	28/03/2017	Dutch	PDF
Abridged model	30/09/2015	01/03/2016	25/03/2016	Dutch	PDF
Abridged model	30/09/2014	25/03/2015	26/04/2015	Dutch	PDF
Abridged model	30/09/2013	25/03/2014	25/04/2014	Dutch	PDF
Abridged model	30/09/2012	01/03/2013	12/04/2013	Dutch	PDF
Abridged model	30/09/2011	01/03/2012	02/03/2012	Dutch	PDF
Abridged model	30/09/2010	01/03/2011	12/04/2011	Dutch	PDF
Abridged model	30/09/2009	01/03/2010	04/03/2010	Dutch	PDF
Abridged model	30/09/2008	02/03/2009	24/04/2009	Dutch	PDF
Abridged model	30/09/2007	03/03/2008	25/03/2008	Dutch	PDF
Abridged model	30/09/2006	19/12/2006	19/01/2007	Dutch	PDF

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 30/09/2025 · 1 active · 4 ended

Active mandates

Nico Verbaeten

Director · since 01 janvier 2020

Active

Ended mandates

Nico Verbaeten

Director · since 09 octobre 2002

Ended

Nico Verbaeten

Manager · since 09 octobre 2002

Ended

Nico Verbaeten

Director

Ended

Nico Verbaeten

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/08/2011
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Other22/10/2002
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2025
Annual accounts 20254,3 k €↑
2024
Annual accounts 20242,5 k €↓
2023
Annual accounts 20238,7 k €↑
2022
Annual accounts 2022912,9 €↑
2021
Annual accounts 2021-43,6 k €↑
2020
Annual accounts 2020-49,1 k €↓
2019
Annual accounts 201917,9 k €↓
2018
Annual accounts 201821,2 k €↓
2017
Annual accounts 201725,5 k €↓
2016
Annual accounts 201656 k €↑
2015
Annual accounts 201511,1 k €↓
2014
Annual accounts 201413,7 k €↑
2013
Annual accounts 20136,9 k €↑
2012
Annual accounts 2012-9,8 k €↓
2011
Annual accounts 2011-5,6 k €↑
2010
Annual accounts 2010-78,6 k €↓
2009
Annual accounts 2009-40,1 k €↓
2008
Annual accounts 200829,5 k €
15/10/2002
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

M - CON

Overview

What does M - CON do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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