ACTIVE

MINGLE GROUP

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Financial year 2025 · closed on 31/12/2025

Net result

578 k €

+948.2% YoY

Gross margin

1,1 M €

+141.5% YoY

Equity

1,3 M €

+576.9% YoY

What does MINGLE GROUP do?

MINGLE GROUP is a Private limited company incorporated in 2015. Its main activity is: Hotels and similar accommodation. Its registered office is in Watermael-Boitsfort.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0644.627.752

Incorporation

17/12/2015

Legal form

Private limited company

Registered office

Avenue Charle-Albert 6
1170 Watermael-Boitsfort · BruxellesSee on map

Contributed capital

625 003,00 €

Latest accounts

31/12/2025

Activities (NACE)

55100Hotels and similar accommodation· main 55100Hotels and similar accommodation 82100Office administrative and support activities 82110Combined office administrative service activities 55100Hotels and similar accommodation 55100Hotels and similar accommodation+9

Joint committees (5)

100
1000
200
2000
302

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

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016
Income statement
Gross margin	1,1 M €	+141%	454,8 k €	+38.9%	327,4 k €	+44.9%	225,9 k €	+49.9%	150,7 k €	-17.1%	181,8 k €	-12.2%	207,2 k €	-5.4%	219 k €	+16.4%	188,2 k €	+46.6%	128,3 k €
EBITDA	702 k €	+735%	84,1 k €	+158%	32,5 k €	+82.3%	17,8 k €	+36.3%	13,1 k €	-10.5%	14,6 k €	-15.4%	17,3 k €	+156%	6,7 k €	-55.2%	15 k €	+102%	7,5 k €
Operating result	683,8 k €	+769%	78,7 k €	+269%	21,3 k €	+1741%	1,2 k €	+575%	171,4 €	-93.9%	2,8 k €	-48.5%	5,5 k €	+227%	-4,3 k €	-200%	4,3 k €	+637%	-800,4 €
Net result	578 k €	+948%	55,1 k €	+519%	8,9 k €	+711%	-1,5 k €	-760%	-169,7 €	-118%	920,9 €	-59.9%	2,3 k €	+149%	-4,6 k €	-441%	1,4 k €	+408%	-442,6 €
Balance sheet
Equity	1,3 M €	+577%	186,9 k €	+636%	25,4 k €	+37.3%	18,5 k €	-7.3%	19,9 k €	-5.6%	21,1 k €	-0.4%	21,2 k €	+6.5%	19,9 k €	-22.1%	25,6 k €	+1.4%	25,2 k €
Total assets	1,4 M €	+347%	307,8 k €	+115%	143,3 k €	+102%	71 k €	-6.9%	76,3 k €	-21.5%	97,2 k €	-41.2%	165,4 k €	+0.8%	164,1 k €	+8.5%	151,3 k €	+33.0%	113,8 k €
Cash	285,2 k €	+37.0%	208,1 k €	+102%	103,2 k €	+254%	29,1 k €	-16.9%	35,1 k €	+12.2%	31,3 k €	-63.8%	86,3 k €	-22.5%	111,4 k €	+3.3%	107,8 k €	+39.1%	77,5 k €
Debts	110,7 k €	-8.4%	120,9 k €	+2.5%	118 k €	+125%	52,5 k €	-6.8%	56,3 k €	-26.0%	76,1 k €	-47.3%	144,2 k €	+0.0%	144,2 k €	+14.7%	125,7 k €	+41.9%	88,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 5 ended

Active mandates

Corentin POELS

Director

Active

Jean-Michel ANDRE

Director

Active

René BELTJENS

Représentant Légal

Active

Ended mandates

jean-Michel ANDRE

Director · since 24 septembre 2019

Ended

MICHEL ANDRE JEAN

Director · since 24 septembre 2019

Ended

JEAN MICHEL ANDRE

Director · since 17 janvier 2019

Ended

PHILIPPE BONNET

Director · since 17 janvier 2015

Ended

At this address

Other companies at this address

Company	CBE no.
BORAN● Active	0467.033.818
MIX F&B● Active	0760.433.280
MIX GYM GRAND-PLACE● Active	1024.213.201
MIX GYM IXELLES● Active	1024.213.003
MIX HOTEL GRAND-PLACE● Active	1024.213.102
MIX HOUSING GRAND-PLACE● Active	0792.661.828
SHAKER HOTEL● Active	1024.213.397

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/05/2026	11/06/2025	05/08/2024	01/09/2023	31/08/2022	30/08/2021
General meeting	19/03/2026	23/05/2025	31/05/2024	30/06/2023	30/06/2022	24/08/2021
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
Micro model	31/12/2025	19/03/2026	13/05/2026	French	PDF
Micro model	31/12/2024	23/05/2025	11/06/2025	French	PDF
Micro model	31/12/2023	31/05/2024	05/08/2024	French	PDF
Micro model	31/12/2022	30/06/2023	01/09/2023	French	PDF
Micro model	31/12/2021	30/06/2022	31/08/2022	French	PDF
Micro model	31/12/2020	24/08/2021	30/08/2021	French	PDF
Micro model	31/12/2019	26/06/2020	05/10/2020	French	PDF
Micro model	31/12/2018	29/06/2019	31/07/2019	French	PDF
Micro model	31/12/2017	30/06/2018	20/08/2018	French	PDF
Micro model	31/12/2016	30/06/2017	17/08/2017	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 5 ended

Active mandates

Corentin POELS

Director

Active

Jean-Michel ANDRE

Director

Active

René BELTJENS

Représentant Légal

Active

Ended mandates

jean-Michel ANDRE

Director · since 24 septembre 2019

Ended

MICHEL ANDRE JEAN

Director · since 24 septembre 2019

Ended

JEAN MICHEL ANDRE

Director · since 17 janvier 2019

Ended

PHILIPPE BONNET

Director · since 17 janvier 2015

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/04/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates26/06/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - DIVERS - SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates04/07/2023
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates30/01/2020
DEMISSIONS, NOMINATIONS
PDF
Registered office12/08/2019
SIEGE SOCIAL
PDF
Registered office20/10/2016
SIEGE SOCIAL
PDF
Other21/12/2015
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

2025
Annual accounts 2025578 k €↑
2024
Annual accounts 202455,1 k €↑
2024
Name changeMINGLE GROUP
2023
Annual accounts 20238,9 k €↑
2022
Annual accounts 2022-1,5 k €↓
2021
Annual accounts 2021-169,7 €↓
2021
Name changeLIMITED EDITION HOTELS
2020
Annual accounts 2020920,9 €↓
2019
Annual accounts 20192,3 k €↑
2018
Annual accounts 2018-4,6 k €↓
2017
Annual accounts 20171,4 k €↑
2016
Annual accounts 2016-442,6 €
17/12/2015
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

MINGLE GROUP

Overview

What does MINGLE GROUP do?

Trend over 10 financial years

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