ACTIVE

MKE

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Financial year 2025 · closed on 31/12/2025
Net result
114,7 k €
-94.4% YoY
Gross margin
97 k €
-95.9% YoY
Equity
2,9 M €
+4.2% YoY
Workforce
0,0 ETP

What does MKE do?

MKE is a Private limited company incorporated in 2015. Its main activity is: Other education n.e.c.. Its registered office is in Brasschaat.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0644.803.243
Incorporation
23/12/2015
Legal form
Private limited company
Registered office
Frilinglei 111
2930 Brasschaat · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
85599Other education n.e.c.· main85599Other education n.e.c.85592Other education n.e.c.85592Other education n.e.c.
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin97 k €2,4 M €276,8 k €-3,6 k €-2,9 k €-1,5 k €-2,8 k €-2,1 k €-3 k €-5,1 k €163,4 k €
EBITDA73,4 k €2,4 M €267,4 k €-23,8 k €-3,3 k €-1,9 k €-3,1 k €-2,5 k €-3 k €-5,1 k €163,4 k €
Operating result60,1 k €2,4 M €267,4 k €-23,8 k €-3,3 k €-1,9 k €-3,1 k €-2,5 k €-3 k €-5,1 k €136,7 k €
Net result114,7 k €2,1 M €987,8 k €-25,6 k €164,3 €315,8 k €-5,5 k €539,7 k €-13,3 k €442,6 €114,2 k €
Balance sheet
Equity2,9 M €2,7 M €684 k €-3,7 k €136,8 k €156,7 k €82,8 k €343,3 k €28,6 k €107 k €267,1 k €
Total assets3,4 M €4,1 M €1,4 M €573,2 k €471,4 k €435,3 k €285,2 k €568,3 k €326,2 k €300,1 k €270,4 k €
Cash138,7 k €1,1 M €127,3 k €135,2 k €87 k €77,4 k €19,9 k €91,8 k €10,8 k €31,7 k €40,5 k €
Debts540,5 k €1,4 M €673,1 k €576,9 k €334,6 k €278,6 k €202,3 k €225 k €297,6 k €193,1 k €3,3 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP––––––––
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 · 1 active · 4 ended

Active mandates

Pieter Avontroodt

Director

Active

Ended mandates

P.J.J.A.P. Avontroodt

Manager · since 02 décembre 2015

Ended
P.J.J.A.P. Avontroodt

Manager · since 01 décembre 2015

Ended
P.J.J.A.P. Avontroodt

Administrator - manager

Ended
P.J.J.A.P. Avontroodt

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date20/07/202627/06/202502/07/202415/06/202329/07/202201/07/2021
General meeting30/06/202602/06/202503/06/202405/06/202330/06/202207/06/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202620/07/2026DutchPDF
Abridged model31/12/202402/06/202527/06/2025DutchPDF
Abridged model31/12/202303/06/202402/07/2024DutchPDF
Abridged model31/12/202205/06/202315/06/2023DutchPDF
Abridged model31/12/202130/06/202229/07/2022DutchPDF
Abridged model31/12/202007/06/202101/07/2021DutchPDF
Abridged model31/12/201901/06/202025/06/2020DutchPDF
Abridged model31/12/201803/06/201927/06/2019DutchPDF
Abridged model31/12/201704/06/201804/06/2018DutchPDF
Micro model31/12/201606/06/201727/06/2017DutchPDF
Abridged model31/12/201530/06/201623/08/2016DutchPDF
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 · 1 active · 4 ended

Active mandates

Pieter Avontroodt

Director

Active

Ended mandates

P.J.J.A.P. Avontroodt

Manager · since 02 décembre 2015

Ended
P.J.J.A.P. Avontroodt

Manager · since 01 décembre 2015

Ended
P.J.J.A.P. Avontroodt

Administrator - manager

Ended
P.J.J.A.P. Avontroodt

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office25/07/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates02/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/08/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/01/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025114,7 k €↓
  2. 2024
    Annual accounts 20242,1 M €↑
  3. 2023
    Annual accounts 2023987,8 k €↑
  4. 2022
    Annual accounts 2022-25,6 k €↓
  5. 2021
    Annual accounts 2021164,3 €↓
  6. 2020
    Annual accounts 2020315,8 k €↑
  7. 2019
    Annual accounts 2019-5,5 k €↓
  8. 2018
    Annual accounts 2018539,7 k €↑
  9. 2017
    Annual accounts 2017-13,3 k €↓
  10. 2016
    Annual accounts 2016442,6 €↓
  11. 2015
    Annual accounts 2015114,2 k €
  12. 23/12/2015
    IncorporationPrivate limited company