ACTIVE

MB CONSULTING

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Financial year 2024 · closed on 31/12/2024

Net result

72 k €

-29.3% YoY

Gross margin

171,9 k €

-24.1% YoY

Equity

470,9 k €

+6.7% YoY

Workforce

0,7 ETP

0.0% YoY

What does MB CONSULTING do?

MB CONSULTING is a Private limited company incorporated in 2003. Its registered office is in Zwalm. It employs on average 0,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0480.444.760

Incorporation

28/05/2003

Legal form

Private limited company

Registered office

S.V.D. Veldestraat(SML) 7
9630 Zwalm · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2024

Average workforce

0,7 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	171,9 k €	-24.1%	226,3 k €	-9.7%	250,5 k €	+25.9%	198,9 k €	+109%	95,1 k €	-11.1%	106,9 k €	+1.0%	105,9 k €	-24.8%	140,8 k €	+9.6%	128,5 k €	+5.6%	121,7 k €	+49.7%	81,3 k €	-41.2%	138,3 k €	-1.1%	139,9 k €	+60.8%	87 k €	+68.6%	51,6 k €	-38.4%	83,8 k €	-2.6%	86 k €	+18.2%	72,8 k €
EBITDA	145,3 k €	-26.1%	196,7 k €	-12.7%	225,2 k €	+27.0%	177,4 k €	+88.5%	94,1 k €	+5.0%	89,7 k €	-13.9%	104,2 k €	-18.0%	127,1 k €	+2.4%	124,1 k €	+3.5%	120 k €	+50.4%	79,7 k €	-41.6%	136,6 k €	-1.1%	138,2 k €	+65.9%	83,3 k €	+86.0%	44,8 k €	-11.4%	50,5 k €	-6.9%	54,3 k €	-4.6%	56,9 k €
Operating result	107,7 k €	-32.4%	159,3 k €	-16.4%	190,5 k €	+27.7%	149,2 k €	+111%	70,6 k €	+21.3%	58,2 k €	-25.8%	78,4 k €	-23.2%	102,1 k €	+1.9%	100,2 k €	+6.4%	94,2 k €	+71.9%	54,8 k €	-51.2%	112,4 k €	+1.4%	110,8 k €	+104%	54,2 k €	+183%	19,1 k €	-29.3%	27,1 k €	-8.1%	29,4 k €	+110%	14 k €
Net result	72 k €	-29.3%	101,9 k €	-20.6%	128,3 k €	+11.6%	114,9 k €	+161%	44 k €	+3.7%	42,4 k €	-7.5%	45,9 k €	-19.6%	57,1 k €	-2.7%	58,6 k €	+7.3%	54,6 k €	+69.9%	32,1 k €	-52.3%	67,4 k €	+6.0%	63,5 k €	+113%	29,8 k €	+861%	3,1 k €	-70.6%	10,5 k €	-11.2%	11,9 k €	+540%	1,9 k €
Balance sheet
Equity	470,9 k €	+6.7%	441,3 k €	+14.5%	385,3 k €	-15.6%	456,3 k €	+27.7%	357,2 k €	+14.0%	313,2 k €	+15.7%	270,8 k €	+20.4%	225 k €	+34.0%	167,9 k €	+53.7%	109,3 k €	+100.0%	54,6 k €	+143%	22,5 k €	+1.7%	22,1 k €	-57.5%	52,1 k €	+134%	22,3 k €	-46.7%	41,9 k €	+27.5%	32,8 k €	+46.2%	22,4 k €
Total assets	818 k €	+7.3%	762,7 k €	-6.7%	817,7 k €	+3.6%	789,3 k €	+72.1%	458,7 k €	+8.5%	422,8 k €	+1.8%	415,4 k €	+8.7%	382,1 k €	+14.1%	334,8 k €	+14.7%	292 k €	+19.5%	244,3 k €	-25.0%	325,5 k €	-3.1%	335,9 k €	+11.2%	302 k €	+10.3%	273,8 k €	-6.8%	293,7 k €	-4.5%	307,5 k €	+12.5%	273,4 k €
Cash	57,2 k €	-10.2%	63,7 k €	+29.6%	49,2 k €	-47.4%	93,4 k €	-4.5%	97,8 k €	+19.1%	82,1 k €	-42.7%	143,3 k €	+2.3%	140,1 k €	+42.4%	98,4 k €	+102%	48,7 k €	+543%	7,6 k €	-79.4%	36,8 k €	-37.9%	59,2 k €	+1592%	3,5 k €	-85.4%	23,9 k €	-57.2%	55,8 k €	+76.6%	31,6 k €	+5.4%	30 k €
Debts	344,7 k €	+8.1%	318,9 k €	-26.2%	432 k €	+29.8%	332,9 k €	+228%	101,5 k €	-7.3%	109,5 k €	-24.0%	144,1 k €	-8.3%	157,1 k €	-5.9%	166,9 k €	-8.6%	182,7 k €	-3.6%	189,6 k €	-37.4%	303 k €	-3.3%	313,5 k €	+25.4%	249,9 k €	-0.6%	251,5 k €	-0.2%	251,9 k €	-8.3%	274,7 k €	+9.5%	251 k €
Other
Workforce	0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP		–		–		–		–		–		–		–		–		–		–		0,3 ETP	-70.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 3 ended

Active mandates

Martijn Busselen

Manager

Active

Ended mandates

Martijn Busselen

Director · since 28 mai 2003

Ended

Martijn Busselen

Manager · since 14 mai 2003

Ended

Martijn Busselen

Director

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/10/2025	31/08/2024	31/08/2023	31/08/2022	31/08/2021	23/10/2020
General meeting	15/09/2025	31/08/2024	31/07/2023	18/06/2022	15/07/2021	08/09/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	15/09/2025	10/10/2025	Dutch	PDF
Abridged model	31/12/2023	31/08/2024	31/08/2024	Dutch	PDF
Abridged model	31/12/2022	31/07/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	18/06/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	15/07/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	08/09/2020	23/10/2020	Dutch	PDF
Micro model	31/12/2018	15/06/2019	31/08/2019	Dutch	PDF
Micro model	31/12/2017	27/09/2018	27/09/2018	Dutch	PDF
Micro model	31/12/2016	07/09/2017	18/09/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	12/07/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	13/08/2015	Dutch	PDF
Abridged model	31/12/2013	04/08/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	25/06/2013	Dutch	PDF
Abridged model	31/12/2011	26/11/2012	30/11/2012	Dutch	PDF
Abridged model	31/12/2010	26/09/2011	30/09/2011	Dutch	PDF
Abridged model	31/12/2009	17/09/2010	27/09/2010	Dutch	PDF
Abridged model	31/12/2008	20/06/2009	09/07/2009	Dutch	PDF
Abridged model	31/12/2007	21/06/2008	18/09/2008	Dutch	PDF
Abridged model	31/12/2006	16/06/2007	27/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 3 ended

Active mandates

Martijn Busselen

Manager

Active

Ended mandates

Martijn Busselen

Director · since 28 mai 2003

Ended

Martijn Busselen

Manager · since 14 mai 2003

Ended

Martijn Busselen

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/12/2005
MAATSCHAPPELIJKE ZETEL
PDF
Registered office15/09/2003
MAATSCHAPPELIJKE ZETEL
PDF
Other10/06/2003
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

2024
Annual accounts 202472 k €↓
2023
Annual accounts 2023101,9 k €↓
2022
Annual accounts 2022128,3 k €↑
2021
Annual accounts 2021114,9 k €↑
2019
Annual accounts 201944 k €↑
2018
Annual accounts 201842,4 k €↓
2017
Annual accounts 201745,9 k €↓
2016
Annual accounts 201657,1 k €↓
2015
Annual accounts 201558,6 k €↑
2014
Annual accounts 201454,6 k €↑
2013
Annual accounts 201332,1 k €↓
2012
Annual accounts 201267,4 k €↑
2011
Annual accounts 201163,5 k €↑
2010
Annual accounts 201029,8 k €↑
2009
Annual accounts 20093,1 k €↓
2008
Annual accounts 200810,5 k €↓
2007
Annual accounts 200711,9 k €↑
2006
Annual accounts 20061,9 k €
28/05/2003
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

MB CONSULTING

Overview

What does MB CONSULTING do?

Trend over 18 financial years

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