ACTIVE

MANDELLEX

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Financial year 2025 · closed on 30/06/2025
Net result
141,9 k €
-3.9% YoY
Gross margin
245,8 k €
-1.3% YoY
Equity
272,9 k €
+55.0% YoY

What does MANDELLEX do?

MANDELLEX is a Private limited company incorporated in 2015. Its registered office is in Schaerbeek.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0589.936.281
Incorporation
30/01/2015
Legal form
Private limited company
Registered office
Boulevard Auguste Reyers 41 box 8
1030 Schaerbeek · BruxellesSee on map
Contributed capital
20 460,00 €
Latest accounts
30/06/2025
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin245,8 k €249 k €108,1 k €104,4 k €81,1 k €63,3 k €52,5 k €87,5 k €51,1 k €106,5 k €
EBITDA241,8 k €248,5 k €63,7 k €104,1 k €80,6 k €63,3 k €52 k €87,2 k €50,5 k €105,7 k €
Operating result205,1 k €214,1 k €53,8 k €103,2 k €80,1 k €48,3 k €22 k €52,5 k €11,3 k €46,9 k €
Net result141,9 k €147,6 k €37,4 k €81,1 k €63,5 k €37,5 k €16,6 k €36,3 k €7 k €32,3 k €
Balance sheet
Equity272,9 k €176 k €128,4 k €131 k €109,9 k €71,3 k €57,6 k €88 k €51,7 k €44,7 k €
Total assets934,4 k €752,1 k €644 k €200,5 k €137,9 k €112 k €118,5 k €123 k €131,1 k €152 k €
Cash197,3 k €125,5 k €42,5 k €173,8 k €112,1 k €90 k €68,1 k €51,1 k €51,3 k €32,3 k €
Debts661,5 k €576,1 k €513,5 k €69,6 k €28 k €40,5 k €60,8 k €34,8 k €77,8 k €105,6 k €
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 30/06/2025 · 1 active · 1 ended

Active mandates

Céline MANDELBLAT

Director · since 29 janvier 2015

Active

Ended mandates

Céline MANDELBLAT

Manager · since 29 janvier 2015

Ended
At this address

Other companies at this address

CompanyCBE no.
BENJAMIN WETS & SIMON WETS, NOTAIRES ASSOCIES● Active
0567.994.089
INTERNATIONAL ASSOCIATION FOR ARCHAEOLOGICAL RESEARCH IN WESTERN & CENTRAL ASIA● Active
0756.584.657
MANDELBLAT● Active
0445.606.617
Research Center for Upper Mesopotamian Studies● Active
0447.756.651
WETS BENJAMIN● Active
0759.928.286
WETS SIMON● Active
0759.928.088
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/01/202620/12/202419/12/202319/12/202217/12/202118/12/2020
General meeting19/12/202520/12/202415/12/202316/12/202217/12/202118/12/2020
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
Micro modelCorrection30/06/202519/12/202530/01/2026FrenchPDF
Micro model30/06/202519/12/202519/12/2025FrenchPDF
Micro model30/06/202420/12/202420/12/2024FrenchPDF
Micro model30/06/202315/12/202319/12/2023FrenchPDF
Micro model30/06/202216/12/202219/12/2022FrenchPDF
Micro model30/06/202117/12/202117/12/2021FrenchPDF
Micro model30/06/202018/12/202018/12/2020FrenchPDF
Micro model30/06/201920/12/201920/12/2019FrenchPDF
Micro model30/06/201821/12/201821/12/2018FrenchPDF
Micro model30/06/201715/12/201715/12/2017FrenchPDF
Abridged model30/06/201616/12/201602/01/2017FrenchPDF
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 30/06/2025 · 1 active · 1 ended

Active mandates

Céline MANDELBLAT

Director · since 29 janvier 2015

Active

Ended mandates

Céline MANDELBLAT

Manager · since 29 janvier 2015

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
    PDF
  • Other03/02/2015
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025141,9 k €↓
  2. 2024
    Annual accounts 2024147,6 k €↑
  3. 2023
    Annual accounts 202337,4 k €↓
  4. 2022
    Annual accounts 202281,1 k €↑
  5. 2021
    Annual accounts 202163,5 k €↑
  6. 2020
    Annual accounts 202037,5 k €↑
  7. 2019
    Annual accounts 201916,6 k €↓
  8. 2018
    Annual accounts 201836,3 k €↑
  9. 2017
    Annual accounts 20177 k €↓
  10. 2016
    Annual accounts 201632,3 k €
  11. 30/01/2015
    IncorporationPrivate limited company