ACTIVE

M-A

Export PDF
Financial year 2025 · closed on 30/09/2025
Net result
-17 k €
+59.7% YoY
Gross margin
-213,7 €
+97.8% YoY
Equity
-151,1 k €
-12.7% YoY

What does M-A do?

M-A is a Cooperative company with limited liability incorporated in 2013. Its main activity is: Retail sale of furniture, lighting equipment and other household articles in specialised stores. Its registered office is in Beauvechain.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0534.807.718
Incorporation
27/05/2013
Legal form
Cooperative company with limited liability
Registered office
Avenue des Cerisiers,H.-M. 24
1320 Beauvechain · WallonieSee on map
Contributed capital
340 000,00 €
Latest accounts
30/09/2025
Activities (NACE)
47594Retail sale of furniture, lighting equipment and other household articles in specialised stores· main47690Retail sale of cultural and recreation goods in specialised stores77229Rental of video tapes and disks77299Rental and leasing of other personal and household goods
Signals
Good liquidity
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin-213,7 €-9,6 k €16,6 k €50,3 k €79,7 k €46,3 k €-2,1 k €138,1 k €15,7 k €111,7 k €77,2 k €48,2 k €
EBITDA-614,7 €-16,9 k €-48,4 k €2,5 k €26,1 k €21,2 k €-25 k €82,6 k €-81,3 k €11,5 k €72,6 k €20,5 k €
Operating result-16,9 k €-42,1 k €-48,4 k €-29,5 k €-9,7 k €-16,6 k €-96,9 k €6,1 k €-161,9 k €-58,3 k €5 k €-5,5 k €
Net result-17 k €-42,3 k €-48,5 k €-29,7 k €-8,4 k €-22,2 k €-98 k €4,4 k €-167,7 k €-58,9 k €3 k €-5,9 k €
Balance sheet
Equity-151,1 k €-134 k €-91,8 k €-43,3 k €-13,6 k €-5,2 k €17 k €15 k €10,6 k €38,3 k €17,2 k €14,1 k €
Total assets101,5 k €118,6 k €130,2 k €138,9 k €174 k €208,4 k €270 k €303,5 k €261,1 k €279,9 k €310,3 k €189,6 k €
Cash66,8 €982 €11,1 k €33 k €39,9 k €41,4 k €9,9 k €27,8 k €17 k €43,4 k €15,2 k €24,7 k €
Debts252,5 k €252,7 k €221,7 k €181 k €186,4 k €211,4 k €253 k €250,7 k €201,7 k €238,4 k €290 k €175,5 k €
Other
Workforce––––––––4,0 ETP4,1 ETP––
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 3 ended

Active mandates

PIERRE-YVES CUVELIER

Director

Active

Ended mandates

PIERRE-YVES CUVELIER

Director · since 27 mai 2013

Ended
PIERRE YVES CUVELIER

Manager

Ended
YVES CUVELIER

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
MusicAction● Active
0465.035.816
VIVADIS-DIRECT● Active
0659.816.962
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/04/202630/06/202531/05/202429/04/202329/04/202230/04/2021
General meeting27/03/202628/03/202529/03/202424/03/202325/03/202209/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202527/03/202628/04/2026FrenchPDF
Micro model30/09/202428/03/202530/06/2025FrenchPDF
Micro model30/09/202329/03/202431/05/2024FrenchPDF
Micro model30/09/202224/03/202329/04/2023FrenchPDF
Micro model30/09/202125/03/202229/04/2022FrenchPDF
Micro model30/09/202009/04/202130/04/2021FrenchPDF
Micro model30/09/201926/06/202008/07/2020FrenchPDF
Micro model30/09/201802/07/201905/07/2019FrenchPDF
Abridged model30/09/201705/03/201812/04/2018FrenchPDF
Abridged model30/09/201605/03/201703/04/2017FrenchPDF
Abridged model30/09/201505/03/201630/05/2016FrenchPDF
Abridged model30/09/201427/03/201520/12/2015FrenchPDF
Estimate

Indicative valuation

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 · 3 ended

Active mandates

PIERRE-YVES CUVELIER

Director

Active

Ended mandates

PIERRE-YVES CUVELIER

Director · since 27 mai 2013

Ended
PIERRE YVES CUVELIER

Manager

Ended
YVES CUVELIER

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
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 2025-17 k €↑
  2. 2024
    Annual accounts 2024-42,3 k €↑
  3. 2023
    Annual accounts 2023-48,5 k €↓
  4. 2022
    Annual accounts 2022-29,7 k €↓
  5. 2021
    Annual accounts 2021-8,4 k €↑
  6. 2020
    Annual accounts 2020-22,2 k €↑
  7. 2019
    Annual accounts 2019-98 k €↓
  8. 2018
    Annual accounts 20184,4 k €↑
  9. 2017
    Annual accounts 2017-167,7 k €↓
  10. 2016
    Annual accounts 2016-58,9 k €↓
  11. 2015
    Annual accounts 20153 k €↑
  12. 2014
    Annual accounts 2014-5,9 k €
  13. 27/05/2013
    IncorporationCooperative company with limited liability