ACTIVE

MBE

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Financial year 2025 · closed on 31/12/2025
Net result
7,2 M €
-8.2% YoY
Revenue
1,6 M €
+1.0% YoY
Equity
14,1 M €
+103.5% YoY

What does MBE do?

MBE is a Private company with limited liability incorporated in 2014. Its main activity is: Management consultancy activities. Its registered office is in Thimister-Clermont.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0550.559.033
Incorporation
10/04/2014
Legal form
Private company with limited liability
Registered office
Rue du Tiege 9
4890 Thimister-Clermont · WallonieSee on map
Contributed capital
6 315 672,14 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities64200Activities of holding companies64210Activities of holding companies
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Revenue1,6 M €1,6 M €1,6 M €1,6 M €1,6 M €––––––
EBITDA1,1 M €1,1 M €727 k €753,5 k €1,3 M €1,2 M €1,2 M €1,2 M €1,1 M €1,1 M €686,5 k €
Operating result1,1 M €1,1 M €711,4 k €732,2 k €1,2 M €1,2 M €1,2 M €1,2 M €1,1 M €1,1 M €683,3 k €
Net result7,2 M €7,8 M €7 M €4 M €3,7 M €2,9 M €2,6 M €816,3 k €703,8 k €662 k €3,8 M €
Balance sheet
Equity14,1 M €6,9 M €6,3 M €7,1 M €10,1 M €9,9 M €9,7 M €9,9 M €11,1 M €10,7 M €10,2 M €
Total assets14,2 M €14,2 M €14,2 M €15,7 M €15,7 M €15 M €14,8 M €13,5 M €13,4 M €13,5 M €13,5 M €
Cash110,6 k €41,2 k €38,2 k €1,8 M €472 k €1,6 M €1,4 M €209,5 k €59,4 k €127 k €154,7 k €
Debts118,9 k €7,3 M €7,8 M €8,6 M €5,5 M €5 M €5,1 M €3,7 M €2,3 M €2,8 M €3,3 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 7 ended

Active mandates

Bénédicte MEURENS

Director · since 28 juin 2022

Active
Bruno MEURENS

Director · since 28 juin 2022

Active
Léopold MEURENS

Director · since 28 juin 2022

Active

Ended mandates

LEOPOLD MEURENS

Director · since 01 août 2014 · until 01 août 2020

Ended
LEOPOLD MEURENS

Manager · since 01 août 2014 · until 01 août 2020

Ended
BENEDICTE MEURENS

Director

Ended
BENEDICTE MEURENS

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/08/202614/08/202530/08/202422/08/202329/09/202208/07/2021
General meeting26/06/202627/06/202528/06/202423/06/202324/06/202225/06/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/06/202627/08/2026FrenchPDF
Full model31/12/202427/06/202514/08/2025FrenchPDF
Consolidated accounts31/12/202427/06/202518/08/2025FrenchPDF
Full model31/12/202328/06/202430/08/2024FrenchPDF
Consolidated accounts31/12/202328/06/202417/09/2024FrenchPDF
Full model31/12/202223/06/202322/08/2023FrenchPDF
Consolidated accounts31/12/202223/06/202313/09/2024FrenchPDF
Full model31/12/202124/06/202229/09/2022FrenchPDF
Consolidated accounts31/12/202124/06/202213/10/2022FrenchPDF
Abridged model31/12/202025/06/202108/07/2021FrenchPDF
Abridged model31/12/201907/08/202026/10/2020FrenchPDF
Abridged model31/12/201828/06/201927/08/2019FrenchPDF
Abridged model31/12/201722/06/201817/08/2018FrenchPDF
Abridged model31/12/201623/06/201721/08/2017FrenchPDF
Abridged model31/12/201524/06/201629/08/2016FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2025 · 3 active · 7 ended

Active mandates

Bénédicte MEURENS

Director · since 28 juin 2022

Active
Bruno MEURENS

Director · since 28 juin 2022

Active
Léopold MEURENS

Director · since 28 juin 2022

Active

Ended mandates

LEOPOLD MEURENS

Director · since 01 août 2014 · until 01 août 2020

Ended
LEOPOLD MEURENS

Manager · since 01 août 2014 · until 01 août 2020

Ended
BENEDICTE MEURENS

Director

Ended
BENEDICTE MEURENS

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring22/07/2022
    DENOMINATION - SIEGE SOCIAL - MODIFICATION FORME JURIDIQUE - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates14/07/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring13/05/2022
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates02/12/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/10/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares10/10/2014
    CAPITAL, ACTIONS
    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 20257,2 M €↓
  2. 2024
    Annual accounts 20247,8 M €↑
  3. 2023
    Annual accounts 20237 M €↑
  4. 2022
    Annual accounts 20224 M €↑
  5. 2022
    Name changeMBE
  6. 2021
    Annual accounts 20213,7 M €↑
  7. 2021
    Name changeMEURENS HOLDING
  8. 2020
    Annual accounts 20202,9 M €↑
  9. 2019
    Annual accounts 20192,6 M €↑
  10. 2018
    Annual accounts 2018816,3 k €↑
  11. 2017
    Annual accounts 2017703,8 k €↑
  12. 2016
    Annual accounts 2016662 k €↓
  13. 2015
    Annual accounts 20153,8 M €
  14. 10/04/2014
    IncorporationPrivate company with limited liability