ACTIVE

88MLB

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Financial year 2024 · closed on 31/12/2024
Net result
2,9 k €
+103.5% YoY
Gross margin
50 k €
+453.0% YoY
Equity
2,5 M €
+0.1% YoY

What does 88MLB do?

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
31/12/2024
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 2 financial years

20242023
Income statement
Gross margin50 k €-14,2 k €
EBITDA6,1 k €-74,2 k €
Operating result6,1 k €-80,5 k €
Net result2,9 k €-83,4 k €
Balance sheet
Equity2,5 M €2,5 M €
Total assets4,4 M €4,4 M €
Cash5,3 k €66 k €
Debts1,9 M €1,9 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 3 ended

Active mandates

DE AHORN

Director · since 13 juillet 2023 · 0435.640.163

Represented by Philippe Huyzentruyt

Active

Ended mandates

DE AHORN

Director · since 23 mars 2023 · 0435.640.163

Represented by Philippe Huyzentruyt

Ended
UPGRADE ESTATE

Manager · since 07 juillet 2017 · until 23 mars 2023 · 0840.066.124

Represented by Nele Van Damme

Ended
Growing-UP

Manager · since 18 avril 2017 · until 23 mars 2023 · 0466.421.332

Represented by Koenraad Belsack

Ended
At this address

Other companies at this address

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1033.953.286
ALTEBRA WAREGEM● Active
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GH Capital Partners I Construct 1● Active
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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
Groep Huyzentruyt● Active
0722.906.356
GROEP HUYZENTRUYT INVEST 2● Active
0773.988.041
HDI HUYZENTRUYT DEVELOPMENT & INVESTMENTS● Active
0465.190.125
Huyzentruyt Development & Investments 7● Active
1042.178.886
ILUVIA● Active
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ORONA● Active
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Annual accounts

Full financial information

20242023
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202401/09/2022
Closing of the financial year31/12/202431/12/2023
Length of the financial year12 months16 months
Filing date20/06/202525/06/2024
General meeting06/06/202507/06/2024
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202406/06/202520/06/2025DutchPDF
Abridged model31/12/202307/06/202425/06/2024DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 3 ended

Active mandates

DE AHORN

Director · since 13 juillet 2023 · 0435.640.163

Represented by Philippe Huyzentruyt

Active

Ended mandates

DE AHORN

Director · since 23 mars 2023 · 0435.640.163

Represented by Philippe Huyzentruyt

Ended
UPGRADE ESTATE

Manager · since 07 juillet 2017 · until 23 mars 2023 · 0840.066.124

Represented by Nele Van Damme

Ended
Growing-UP

Manager · since 18 avril 2017 · until 23 mars 2023 · 0466.421.332

Represented by Koenraad Belsack

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

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