ACTIVE

MANGROVE TREE

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Financial year 2024 · closed on 31/12/2024

Net result

199 k €

+289.3% YoY

Gross margin

801,6 k €

+16.1% YoY

Equity

340,4 k €

+140.7% YoY

Workforce

12,2 ETP

+8.0% YoY

What does MANGROVE TREE do?

MANGROVE TREE is a Private limited company incorporated in 2014. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Bruxelles. It employs on average 12,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0546.811.764

Incorporation

24/02/2014

Legal form

Private limited company

Registered office

Rue du Pont de la Carpe 13
1000 Bruxelles · BruxellesSee on map

Contributed capital

18 589,99 €

Latest accounts

31/12/2024

Average workforce

12,2 ETP

Activities (NACE)

56101Restaurants and mobile food service activities· main 56102Restaurants and mobile food service activities 56111Restaurants and mobile food service activities 56112Restaurants and mobile food service activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015
Income statement
Gross margin	801,6 k €	+16.1%	690,1 k €	+13.7%	606,7 k €	+17.8%	514,9 k €	+743%	61,1 k €	-92.8%	852 k €	+61.6%	527,3 k €	+48.3%	355,5 k €	+91.1%	186 k €	+57.0%	118,5 k €
EBITDA	363,5 k €	+62.2%	224,2 k €	-13.3%	258,6 k €	-26.2%	350,3 k €	+380%	-125 k €	-129%	426,5 k €	+165%	161,2 k €	+59.8%	100,9 k €	+175%	36,6 k €	+27.8%	28,7 k €
Operating result	311,9 k €	+156%	122 k €	+315%	29,4 k €	-84.1%	184,1 k €	+163%	-290,2 k €	-209%	267 k €	+422%	51,1 k €	+85.9%	27,5 k €	+116%	12,7 k €	-31.1%	18,4 k €
Net result	199 k €	+289%	51,1 k €	+330%	11,9 k €	-94.1%	201,3 k €	+161%	-328,8 k €	-326%	145,6 k €	+10486%	1,4 k €	-79.2%	6,6 k €	-23.2%	8,6 k €	-52.2%	18 k €
Balance sheet
Equity	340,4 k €	+141%	141,4 k €	+56.6%	90,3 k €	+15.2%	78,4 k €	+164%	-122,9 k €	-160%	205,9 k €	+241%	60,4 k €	+2.3%	59 k €	+12.6%	52,4 k €	+19.6%	43,8 k €
Total assets	1 M €	-19.1%	1,3 M €	+9.1%	1,2 M €	+54.8%	767 k €	+22.5%	626,2 k €	-15.7%	743,1 k €	+26.3%	588,5 k €	+8.7%	541,6 k €	+135%	230,2 k €	+93.8%	118,8 k €
Cash	51,6 k €	-66.5%	154,2 k €	+12.2%	137,4 k €	-56.4%	314,8 k €	+290%	80,6 k €	+44.8%	55,7 k €	-52.2%	116,4 k €	+270%	31,5 k €	+113%	14,8 k €	+28.9%	11,5 k €
Debts	707,9 k €	-34.7%	1,1 M €	+5.6%	1 M €	+65.9%	619,2 k €	-8.9%	679,8 k €	+45.4%	467,6 k €	-11.5%	528,1 k €	+14.6%	460,8 k €	+159%	177,8 k €	+137%	75 k €
Other
Workforce	12,2 ETP	+8.0%	11,3 ETP	+6.6%	10,6 ETP	-23.2%	13,8 ETP	-6.1%	14,7 ETP		–		10,8 ETP	+13.7%	9,5 ETP	+63.8%	5,8 ETP	+65.7%	3,5 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

Arben LALA

Director · since 24 février 2014

Active

Ended mandates

Arben LALA

Director · since 07 février 2014

Ended

Arben LALA

Mandate

Ended

Arben LALA

Administrator - manager

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	14/10/2025	14/10/2024	11/10/2023	31/08/2022	03/12/2021	27/11/2020
General meeting	07/10/2025	10/10/2024	01/09/2023	01/08/2022	28/05/2021	07/08/2020
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

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	07/10/2025	14/10/2025	French	PDF
Abridged model	31/12/2023	10/10/2024	14/10/2024	French	PDF
Abridged model	31/12/2022	01/09/2023	11/10/2023	French	PDF
Abridged model	31/12/2021	01/08/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	28/05/2021	03/12/2021	French	PDF
Abridged model	31/12/2019	07/08/2020	27/11/2020	French	PDF
Abridged model	31/12/2018	30/06/2019	02/08/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	20/11/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	20/09/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	24/03/2017	French	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

Arben LALA

Director · since 24 février 2014

Active

Ended mandates

Arben LALA

Director · since 07 février 2014

Ended

Arben LALA

Mandate

Ended

Arben LALA

Administrator - manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/03/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Capital / shares11/02/2026
CAPITAL, ACTIONS - DIVERS
PDF
Mandates20/04/2023
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates24/02/2022
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates12/11/2020
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates27/07/2020
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates04/09/2019
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates16/04/2019
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
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 2024199 k €↑
2023
Annual accounts 202351,1 k €↑
2022
Annual accounts 202211,9 k €↓
2021
Annual accounts 2021201,3 k €↑
2020
Annual accounts 2020-328,8 k €↓
2019
Annual accounts 2019145,6 k €↑
2018
Annual accounts 20181,4 k €↓
2017
Annual accounts 20176,6 k €↓
2016
Annual accounts 20168,6 k €↓
2015
Annual accounts 201518 k €
24/02/2014
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

MANGROVE TREE

Overview

What does MANGROVE TREE do?

Trend over 10 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