ACTIVE

MHI Power Aero Europe

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Financial year 2026 · Closed on 31/03/2026

Net result41,4 k €-23,7 %over 1 year

Revenue1,3 M €+6,6 %over 1 year

Equity303 k €+15,8 %over 1 year

Workforce3,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

MHI Power Aero Europe is a Private limited company incorporated in 2015. Its main activity is: Manufacture of gas. Its registered office is in Auderghem. It employs on average 3,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0644.406.929
Incorporation: 10/12/2015
Legal form: Private limited company
Registered office: Avenue Herrmann-Debroux 54
1160 Auderghem · BruxellesSee on map
Contributed capital: 18 550,00 €
Latest accounts: 31/03/2026
Average workforce: 3,0 ETP

Activities (NACE)

35210Manufacture of gas· main 35210Manufacture of gas 46643Wholesale of machinery for the textile industry and of sewing and knitting machines 46693Wholesale of other machinery and equipment

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 11 filings

Trend over 11 financial years

	2026		2025		2024		2023		2022
Income statement
Revenue	1,3 M €	+6.6%	1,2 M €	+11.0%	1,1 M €		–		–
EBITDA	62,3 k €	-20.7%	78,6 k €	+50.9%	52,1 k €	+12.6%	46,2 k €	+41.0%	32,8 k €
Operating result	61,9 k €	-20.7%	78 k €	+51.0%	51,7 k €	+12.0%	46,1 k €	+40.6%	32,8 k €
Net result	41,4 k €	-23.7%	54,2 k €	+72.9%	31,3 k €	+10.2%	28,4 k €	+33.0%	21,4 k €
Balance sheet
Equity	303 k €	+15.8%	261,6 k €	+26.1%	207,4 k €	+17.8%	176,1 k €	+19.3%	147,6 k €
Total assets	496,5 k €	+4.1%	476,8 k €	+7.3%	444,2 k €	+24.2%	357,6 k €	+11.5%	320,8 k €
Cash	94,2 k €	-69.1%	305 k €	+53.1%	199,2 k €	-1.4%	202 k €	+30.2%	155,2 k €
Debts	118,5 k €	-35.5%	183,7 k €	-20.6%	231,2 k €	+31.9%	175,3 k €	+17.5%	149,1 k €
Other
Workforce	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	+50.0%	2,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/03/2026

3 active · 13 ended

Active mandates

Nimesh Jayantkumar Patel

Director · since 01 avril 2022

Active

Christopher Dale Jones

Director · since 01 avril 2018

Active

Raul Pereda

Director · since 01 avril 2017

Active

Ended mandates

Christopher Dale Jones

Manager · since 01 avril 2018

Ended

Matthew Sutherland Spaeder

Director · since 01 avril 2018

Ended

Matthew Sutherland Spaeder

Manager · since 01 avril 2018

Ended

Paul Pereda

Director · since 01 avril 2017

Ended

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Avenue Herrmann-Debroux 54 1160 Auderghem

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Full financial information

Source · NBB

	2026	2025	2024	2023	2022	2021
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/09/2026	30/10/2025	12/12/2024	03/06/2024	04/04/2023	25/05/2022
General meeting	04/09/2026	27/10/2025	29/11/2024	31/10/2023	31/03/2023	23/05/2022
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 11 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2026	04/09/2026	11/09/2026	French	PDF
Abridged model	31/03/2025	27/10/2025	30/10/2025	French	PDF
Abridged model	31/03/2024	29/11/2024	12/12/2024	French	PDF
Abridged model	31/03/2023	31/10/2023	03/06/2024	French	PDF
Abridged model	31/03/2022	31/03/2023	04/04/2023	French	PDF
Abridged model	31/03/2021	23/05/2022	25/05/2022	French	PDF
Abridged model	31/03/2020	26/01/2021	29/01/2021	French	PDF
Abridged model	31/03/2019	30/10/2019	31/10/2019	French	PDF
Abridged model	31/03/2018	11/10/2018	11/10/2018	French	PDF
Abridged model	31/03/2017	18/01/2018	19/02/2018	French	PDF
Full model	31/03/2016	31/10/2016	07/12/2016	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Board of directors

Source · NBB, accounts to 31/03/2026

3 active · 13 ended

Active mandates

Nimesh Jayantkumar Patel

Director · since 01 avril 2022

Active

Christopher Dale Jones

Director · since 01 avril 2018

Active

Raul Pereda

Director · since 01 avril 2017

Active

Ended mandates

Christopher Dale Jones

Manager · since 01 avril 2018

Ended

Matthew Sutherland Spaeder

Director · since 01 avril 2018

Ended

Matthew Sutherland Spaeder

Manager · since 01 avril 2018

Ended

Paul Pereda

Director · since 01 avril 2017

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates03/09/2025
DEMISSIONS, NOMINATIONS
PDF
Registered office31/05/2024
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
PDF
Mandates09/06/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates11/04/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates21/04/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION
PDF
Mandates05/03/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates29/05/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates16/06/2017
DEMISSIONS, NOMINATIONS
PDF

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

See the Business plan

Timeline

2026
Annual accounts 202641,4 k €↓
2025
Annual accounts 202554,2 k €↑
2024
Annual accounts 202431,3 k €↑
2023
Annual accounts 202328,4 k €↑
2022
Annual accounts 202221,4 k €↓
2021
Annual accounts 202121,5 k €↑
2020
Annual accounts 202018,3 k €↓
2019
Annual accounts 201923,8 k €↑
2018
Annual accounts 201819,2 k €↑
2017
Annual accounts 201718,7 k €↑
2016
Annual accounts 20166,1 k €
10/12/2015
IncorporationPrivate limited company

MHI Power Aero Europe

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline