ACTIVE

M-Cube Belgium

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Financial year 2023 · Closed on 31/12/2023

Net result
160,5 k €
+161,3 %over 1 year
Gross margin
3,3 M €
+10,2 %over 1 year
Equity
-94,7 k €
+62,9 %over 1 year
Workforce
25,8 ETP
-7,5 %over 1 year

Identity

Source · BCE/KBO

M-Cube Belgium is a Private limited company incorporated in 2015. Its registered office is in Anderlecht. It employs on average 25,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0628.915.435
Incorporation
27/04/2015
Legal form
Private limited company
Registered office
Boulevard International 55
1070 Anderlecht · BruxellesSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2023
Average workforce
25,8 ETP
Joint committees (1)
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 10 filings

Trend over 7 financial years

20232022202120202017
Income statement
Gross margin3,3 M €3 M €2,2 M €2,9 M €2,5 M €
EBITDA1,3 M €1,1 M €696,3 k €1 M €1 M €
Operating result369,4 k €195 k €-173,9 k €112,6 k €-17 k €
Net result160,5 k €61,4 k €-276,9 k €144,2 k €-67,6 k €
Balance sheet
Equity-94,7 k €-255,2 k €-316,6 k €-39,8 k €-58,4 k €
Total assets4,2 M €3,4 M €3 M €2,8 M €3,1 M €
Cash51,1 k €27,2 k €61,4 k €156 k €53,3 k €
Debts3,6 M €3,7 M €3,3 M €2,8 M €3,1 M €
Other
Workforce25,8 ETP27,9 ETP20,9 ETP20,4 ETP22,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2023

1 active · 3 ended

Active mandates

Storever

Director · since 17 janvier 2017 · 0666.834.913

Represented by Manlio ROMANELLI

Active

Ended mandates

Alexandre Jean-Paul SABOUNDJIAN

Manager

Ended
Storever

Mandate · 0666.834.913

Represented by Alexandre Jean-Paul SABOUNDJIAN

Ended
Storever

Mandate · 0666.834.913

Represented by Manlio ROMANELLI

Ended

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Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date21/10/202510/07/202405/07/202316/11/202217/08/202103/07/2020
General meeting30/06/202528/06/202430/06/202321/10/202208/06/202119/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 10 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202521/10/2025FrenchPDF
Abridged model31/12/202328/06/202410/07/2024FrenchPDF
Abridged model31/12/202230/06/202305/07/2023FrenchPDF
Abridged model31/12/202121/10/202216/11/2022FrenchPDF
Abridged model31/12/202008/06/202117/08/2021FrenchPDF
Abridged model31/12/201919/05/202003/07/2020FrenchPDF
Abridged model31/12/201821/05/201910/07/2019FrenchPDF
Abridged model31/12/201715/05/201822/05/2018FrenchPDF
Micro model31/12/201616/05/201707/07/2017FrenchPDF
Abridged model31/12/201517/05/201607/06/2016FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2023

1 active · 3 ended

Active mandates

Storever

Director · since 17 janvier 2017 · 0666.834.913

Represented by Manlio ROMANELLI

Active

Ended mandates

Alexandre Jean-Paul SABOUNDJIAN

Manager

Ended
Storever

Mandate · 0666.834.913

Represented by Alexandre Jean-Paul SABOUNDJIAN

Ended
Storever

Mandate · 0666.834.913

Represented by Manlio ROMANELLI

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/07/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/02/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/02/2017
    DENOMINATION - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares12/08/2015
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Restructuring26/05/2015
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Other29/04/2015
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023160,5 k €↑
  2. 2022
    Annual accounts 202261,4 k €↑
  3. 2021
    Annual accounts 2021-276,9 k €↓
  4. 2021
    Name changeM-Cube Belgium
  5. 2020
    Annual accounts 2020144,2 k €↑
  6. 2017
    Annual accounts 2017-67,6 k €↓
  7. 2016
    Annual accounts 2016-2,4 k €↑
  8. 2016
    Name changeStorever Belgium
  9. 2015
    Annual accounts 2015-8 k €
  10. 27/04/2015
    IncorporationPrivate limited company
  11. 2015
    Name changeMusicMatic Belgium