ACTIVE

88MLB

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Financial year 2025 · Closed on 31/12/2025

Net result13,3 k €+361,3 %over 1 year
Gross margin53,6 k €+7,2 %over 1 year
Equity2,5 M €+0,5 %over 1 year

Identity

Source · BCE/KBO

88MLB is a Private limited company incorporated in 2017. Its registered office is in Waregem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0674.609.660
Incorporation
18/04/2017
Legal form
Private limited company
Registered office
Textielstraat 34 box 5
8790 Waregem · FlandreSee on map
Contributed capital
2 509 387,70 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202520242023
Income statement
Gross margin53,6 k €50 k €-14,2 k €
EBITDA5,3 k €6,1 k €-74,2 k €
Operating result5,3 k €6,1 k €-80,5 k €
Net result13,3 k €2,9 k €-83,4 k €
Balance sheet
Equity2,5 M €2,5 M €2,5 M €
Total assets4,5 M €4,4 M €4,4 M €
Cash323,1 €5,3 k €66 k €
Debts2 M €1,9 M €1,9 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DE AHORN0435.640.163Represented by Philippe Huyzentruyt
Directorsince 23/03/2023

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
UPGRADE ESTATE0840.066.124Represented by Nele Van Damme
Manager07/07/2017 → 23/03/2023
Growing-UP0466.421.332Represented by Koenraad Belsack
Manager18/04/2017 → 23/03/2023

Other companies at this address

Textielstraat 34 8790 Waregem
CompanyCBE no.
Altebra - Safe & Sound● Active
1033.953.286
ALTEBRA WAREGEM● Active
1005.498.931
ANTEMM REAL ESTATE● Active
0447.132.188
GH Capital Partners I Construct 1● Active
1017.782.990
GH Capital Partners I Construct 2● Active
1017.783.287
GH Capital Partners I Construct 3● Active
1017.783.881
GH Capital Partners I Construct 4● Active
1017.784.277
GH Capital Partners II● Active
1026.780.038
GH Capital Partners II Construct 1● Active
1032.294.784
GH Capital Partners II Construct 2● Active
1042.178.985
GH Development België● Active
1005.582.073
GH INTERNATIONAL INVESTMENTS● Active
0750.714.969
GH INTERNATIONAL INVESTMENTS 2● Active
0777.642.367
GH International Investments Gdansk● Active
1010.862.239
GH Investment België● Active
1006.026.095
Groep Huyzentruyt● Active
0722.906.356
GROEP HUYZENTRUYT● Active
0424.720.537
GROEP HUYZENTRUYT INVEST 2● Active
0773.988.041
Haaltert/Kuurne construct● Active
1009.337.458
Haaltert/Kuurne land● Active
1009.203.935

Full financial information

Source · NBB
202520242023
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/09/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months16 months
Filing date06/07/202620/06/202525/06/2024
General meeting05/06/202606/06/202507/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202606/07/2026DutchPDF
Abridged model31/12/202406/06/202520/06/2025DutchPDF
Abridged model31/12/202307/06/202425/06/2024DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DE AHORN0435.640.163Represented by Philippe Huyzentruyt
Directorsince 23/03/2023

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
UPGRADE ESTATE0840.066.124Represented by Nele Van Damme
Manager07/07/2017 → 23/03/2023
Growing-UP0466.421.332Represented by Koenraad Belsack
Manager18/04/2017 → 23/03/2023

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/09/2026
    Herbenoeming commissaris - zetelverplaatsing
    PDF
  • Mandates15/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/05/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other09/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates18/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares28/08/2017
    KAPITAAL - AANDELEN
    PDF
  • Other20/04/2017
    Oprichting
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings3 filings
Mandates
DE AHORN
UPGRADE ESTATE
Growing-UP
2017201820192020202120222023202420252026
88MLB
Wagenaarstraat 33, 8791 Beveren (Leie)
Director
Manager
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Textielstraat 34 bte 5, 8790 WaregemCurrent
CBE
Wagenaarstraat 33, 8791 Beveren (Leie)
accounts 2023 → 2025
Accounts 2025 · 2026-00261240

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
88MLBCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00261240

Events

  1. 2025
    Annual accounts 202513,3 k €↑
  2. 2024
    Annual accounts 20242,9 k €↑
  3. 2023
    Annual accounts 2023-83,4 k €
  4. 18/04/2017
    IncorporationPrivate limited company