ACTIVE

M NINER

Financial year 2025 · closed on 31/03/2025
Net result
-3,5 k €
-113.7% YoY
Gross margin
12,5 k €
-32.2% YoY
Equity
224,8 k €
-1.5% YoY

What does M NINER do?

M NINER is a Private limited company incorporated in 2013. Its main activity is: Management consultancy activities. Its registered office is in Horebeke.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0534.945.201
Incorporation
05/06/2013
Legal form
Private limited company
Registered office
Steenberg 4
9667 Horebeke · FlandreSee on map
Contributed capital
2 033 550,00 €
Latest accounts
31/03/2025
Signals
Solid equityGood liquidityPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin12,5 k €18,4 k €21,6 k €21,4 k €18,9 k €-5,4 k €-6,2 k €-6,9 k €-5,7 k €-3,3 k €-3,6 k €
EBITDA2,9 k €17,8 k €20,1 k €21,1 k €18,5 k €-6,7 k €-7,2 k €-8 k €-7,1 k €-4 k €-4,7 k €
Operating result2,9 k €17,8 k €20,1 k €21,1 k €18,5 k €-6,7 k €-7,2 k €-8 k €-7,1 k €-4 k €-10,3 k €
Net result-3,5 k €25,9 k €47,8 k €15,1 k €18,2 k €-3,2 M €-8 k €2,5 k €13,3 k €-1,5 k €1,2 M €
Balance sheet
Equity224,8 k €228,3 k €202,4 k €154,7 k €139,5 k €271,3 k €3,6 M €3,6 M €3,6 M €4,1 M €4,1 M €
Total assets336,9 k €336,9 k €276,5 k €275,8 k €292,4 k €452,5 k €3,7 M €3,8 M €4,2 M €4,7 M €4,6 M €
Cash4,9 k €9,9 k €27,4 k €98 k €249,7 k €172,4 k €40 k €46 k €144,1 k €2,5 k €13,9 k €
Debts107,7 k €104,2 k €69,7 k €119,5 k €151,2 k €179 k €52 k €142,9 k €597,9 k €575,8 k €493,8 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 31/03/2025 · 1 active · 2 ended

Active mandates

Kris Maertens

Director · since 03 juin 2013

Active

Ended mandates

Kris Maertens

Administrator - manager · since 03 juin 2013

Ended
Kris Maertens

Manager · since 03 juin 2013

Ended
At this address

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M Triple NinerActive
0536.421.480
VASTMAActive
0676.870.453
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/11/202521/10/202424/10/202317/10/202215/10/202127/07/2020
General meeting18/10/202521/09/202430/09/202317/09/202218/09/202129/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202518/10/202514/11/2025DutchPDF
Abridged model31/03/202421/09/202421/10/2024DutchPDF
Abridged model31/03/202330/09/202324/10/2023DutchPDF
Abridged model31/03/202217/09/202217/10/2022DutchPDF
Abridged model31/03/202118/09/202115/10/2021DutchPDF
Abridged model31/03/202029/06/202027/07/2020DutchPDF
Abridged model31/03/201930/09/201928/10/2019DutchPDF
Abridged model31/03/201815/09/201805/10/2018DutchPDF
Abridged model31/03/201716/09/201725/09/2017DutchPDF
Abridged model31/03/201617/09/201604/10/2016DutchPDF
Abridged model31/03/201519/09/201530/09/2015DutchPDF
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 31/03/2025 · 1 active · 2 ended

Active mandates

Kris Maertens

Director · since 03 juin 2013

Active

Ended mandates

Kris Maertens

Administrator - manager · since 03 juin 2013

Ended
Kris Maertens

Manager · since 03 juin 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/09/2020
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares20/05/2019
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares06/01/2017
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other14/06/2013
    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

Timeline

  1. 2025
    Annual accounts 2025-3,5 k €
  2. 2024
    Annual accounts 202425,9 k €
  3. 2023
    Annual accounts 202347,8 k €
  4. 2022
    Annual accounts 202215,1 k €
  5. 2021
    Annual accounts 202118,2 k €
  6. 2020
    Annual accounts 2020-3,2 M €
  7. 2019
    Annual accounts 2019-8 k €
  8. 2018
    Annual accounts 20182,5 k €
  9. 2017
    Annual accounts 201713,3 k €
  10. 2016
    Annual accounts 2016-1,5 k €
  11. 2015
    Annual accounts 20151,2 M €
  12. 05/06/2013
    IncorporationPrivate limited company