ACTIVE

M.S.F. Metalldesign

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Financial year 2025 · Closed on 31/12/2025

Net result3,2 k €+270,7 %over 1 year

Gross margin231,5 k €+21,1 %over 1 year

Equity263,7 k €-0,3 %over 1 year

Workforce2,6 ETP-7,1 %over 1 year

Identity

Source · BCE/KBO

M.S.F. Metalldesign is a Private limited company incorporated in 2002. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Gouvy. It employs on average 2,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0479.007.774
Incorporation: 12/12/2002
Legal form: Private limited company
Registered office: Courtil 1834
6671 Gouvy · WallonieSee on map
Contributed capital: 72 352,66 €
Latest accounts: 31/12/2025
Average workforce: 2,6 ETP

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 25110Manufacture of metal structures and parts of structures 25401Manufacture of weapons and ammunition 25501Forging, pressing, stamping and roll-forming of metal; powder metallurgy 33120Repair of machinery 33120Repair of machinery+2

Joint committees (2)

Contacts

2 public details availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	231,5 k €	+21.1%	191,1 k €	-18.8%	235,4 k €	-3.4%	243,8 k €	+15.0%	211,9 k €
EBITDA	101,8 k €	+3.7%	98,1 k €	-26.2%	133 k €	+27.7%	104,2 k €	+13.7%	91,6 k €
Operating result	19,8 k €	+23.6%	16 k €	-67.8%	49,6 k €	+65.9%	29,9 k €	+70.6%	17,5 k €
Net result	3,2 k €	+271%	-1,9 k €	-105%	37,1 k €	+32.5%	28 k €	+157%	10,9 k €
Balance sheet
Equity	263,7 k €	-0.3%	264,5 k €	-2.2%	270,4 k €	+13.9%	237,4 k €	+65.4%	143,5 k €
Total assets	1,1 M €	+3.3%	1 M €	+2.5%	1 M €	-6.9%	1,1 M €	+3.4%	1 M €
Cash	26,7 k €	+450%	4,9 k €	-78.5%	22,5 k €	+88.7%	11,9 k €	-62.5%	31,8 k €
Debts	802,4 k €	+4.6%	767,2 k €	+4.2%	736,1 k €	-12.8%	843,9 k €	-6.5%	902,7 k €
Other
Workforce	2,6 ETP	-7.1%	2,8 ETP	-24.3%	3,7 ETP	-9.8%	4,1 ETP	+13.9%	3,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

GAUTHIER FERRO

Director

Active

MIKE STELLMANN

Director

Active

Ended mandates

Gauthier Ferro

Mandate

Ended

Gauthier FERRO

Manager

Ended

Mike Stellmann

Mandate

Ended

MIKE STELLMANN

Manager

Ended

Other companies at this address

Courtil 1834 6671 Gouvy

Company	CBE no.
Courtil Adventure● Active	1031.185.422

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	29/08/2026	28/08/2025	09/08/2024	28/07/2023	25/05/2022	16/09/2021
General meeting	27/03/2026	28/03/2025	29/03/2024	31/03/2023	25/03/2022	26/03/2021
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

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	27/03/2026	29/08/2026	French	PDF
Abridged model	31/12/2024	28/03/2025	28/08/2025	French	PDF
Abridged model	31/12/2023	29/03/2024	09/08/2024	French	PDF
Abridged model	31/12/2022	31/03/2023	28/07/2023	French	PDF
Abridged model	31/12/2021	25/03/2022	25/05/2022	French	PDF
Abridged model	31/12/2020	26/03/2021	16/09/2021	French	PDF
Abridged model	31/12/2019	27/03/2020	31/12/2020	French	PDF
Abridged model	31/12/2018	29/03/2019	24/07/2019	German	PDF
Abridged model	31/12/2017	30/03/2018	13/04/2018	German	PDF
Abridged model	31/12/2016	31/03/2017	26/04/2017	German	PDF
Abridged model	31/12/2015	25/03/2016	07/06/2016	German	PDF
Abridged model	31/12/2014	27/03/2015	14/07/2015	German	PDF
Abridged model	31/12/2013	28/03/2014	29/07/2014	German	PDF
Abridged model	31/12/2012	29/03/2013	06/07/2013	German	PDF
Abridged model	31/12/2011	30/03/2012	12/07/2012	German	PDF
Abridged model	31/12/2010	25/03/2011	07/07/2011	German	PDF
Abridged model	31/12/2009	26/03/2010	28/07/2010	German	PDF
Abridged model	31/12/2008	27/03/2009	09/07/2009	German	PDF
Abridged model	31/12/2007	28/03/2008	03/07/2008	German	PDF
Abridged model	31/12/2006	30/03/2007	07/06/2007	German	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

GAUTHIER FERRO

Director

Active

MIKE STELLMANN

Director

Active

Ended mandates

Gauthier Ferro

Mandate

Ended

Gauthier FERRO

Manager

Ended

Mike Stellmann

Mandate

Ended

MIKE STELLMANN

Manager

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates12/06/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Registered office23/04/2019
SIEGE SOCIAL
PDF
Mandates14/02/2017
GESELLSCHAFTSNAME - GESELLSCHAFTSSITZ - GEGENSTAND - ENTLASSUNG - ERNENNUNG - SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, )
PDF
Registered office06/08/2013
GESELLSCHAFTSSITZ
PDF
Mandates30/01/2004
ENTLASSUNG - ERNENNUNG
PDF
Other19/12/2002
RUBRIK GRUENDUNG (NEUE RECHTSPERSON, EROEFFNUNG FILIALE, USW)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

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Timeline

2025
Annual accounts 20253,2 k €↑
2024
Annual accounts 2024-1,9 k €↓
2024
Name changeM.S.F. Metalldesign Srl
2023
Annual accounts 202337,1 k €↑
2022
Annual accounts 202228 k €↑
2021
Annual accounts 202110,9 k €↓
2021
Name changeM.S.F. Srl
2020
Annual accounts 202020,6 k €↑
2019
Annual accounts 20197,1 k €↓
2018
Annual accounts 201830,1 k €↑
2017
Annual accounts 201723,2 k €↑
2016
Annual accounts 201619,3 k €↑
2015
Annual accounts 2015-14,2 k €↓
2014
Annual accounts 2014-7 k €↓
2013
Annual accounts 20131,9 k €↑
2012
Annual accounts 2012-2,7 k €↓
2011
Annual accounts 20113 k €↑
2010
Annual accounts 2010353,1 €↓
2009
Annual accounts 20094,9 k €↑
2008
Annual accounts 2008-10,2 k €↓
2007
Annual accounts 20076,4 k €↑
2006
Annual accounts 2006-7,4 k €
12/12/2002
IncorporationPrivate limited company

M.S.F. Metalldesign

Overview

Identity

Financials

Valuation

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

Timeline