ACTIVE

MENAPY

Financial year 2025 · Closed on 31/12/2025

Net result1,1 M €+636,2 %over 1 year

Gross margin199,6 k €+165,7 %over 1 year

Equity4,7 M €+31,2 %over 1 year

Identity

Source · BCE/KBO

MENAPY is a Public limited company incorporated in 2017. Its main activity is: Other professional, scientific and technical activities n.e.c.. Its registered office is in Lede.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0677.914.291
Incorporation: 05/07/2017
Legal form: Public limited company
Registered office: Stationsstraat 3
9340 Lede · FlandreSee on map
Contributed capital: 4 733 255,00 €
Latest accounts: 31/12/2025

Activities (NACE)

74909Other professional, scientific and technical activities n.e.c.· main 74999Other professional, scientific and technical activities n.e.c.64200Activities of holding companies 64210Activities of holding companies 70200Management consultancy activities 70220Business and other management consultancy activities+2

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 8 filings

Trend over 8 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	199,6 k €	+166%	-303,8 k €	-190%	-104,6 k €	+71.4%	-366,2 k €	-644%	-49,3 k €
EBITDA	198,5 k €	+165%	-304,8 k €	-188%	-105,7 k €	+71.3%	-367,9 k €	-632%	-50,3 k €
Operating result	198,1 k €	+165%	-305,3 k €	-187%	-106,2 k €	+71.1%	-368,1 k €	-632%	-50,3 k €
Net result	1,1 M €	+636%	-209,3 k €	+50.7%	-424,3 k €	-234%	-127,2 k €	-672%	22,2 k €
Balance sheet
Equity	4,7 M €	+31.2%	3,6 M €	-5.5%	3,8 M €	-10.0%	4,2 M €	+12.8%	3,8 M €
Total assets	7,7 M €	-33.5%	11,6 M €	+2.3%	11,3 M €	+10.9%	10,2 M €	+48.1%	6,9 M €
Cash	970,4 k €	+81.8%	533,8 k €	-4.0%	556,3 k €	+247%	160,3 k €	-60.2%	403,2 k €
Debts	3 M €	-62.6%	7,9 M €	+5.7%	7,5 M €	+26.0%	5,9 M €	+91.6%	3,1 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
RMM Services0757.846.449Represented by Stefan MARIEN	Directorsince 20/11/2020
HOLDEN0811.866.541Represented by Tom POLLYN	Managing directorsince 05/07/2017

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FARADAY INVEST0600.966.171Represented by Piet VAN WAES	Director18/06/2018 → 18/09/2023
EAGLE NV0466.831.504Represented by Stefan MARIEN	Director05/07/2017 → 20/11/2020

Other companies at this address

Stationsstraat 3 9340 Lede

Company	CBE no.
HOLDEN● Active	0811.866.541
SolVla● Active	0704.857.131

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	14/07/2026	17/06/2025	09/09/2024	28/09/2023	31/08/2022	23/07/2021
General meeting	30/06/2026	02/06/2025	03/09/2024	28/09/2023	31/08/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 8 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	14/07/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	17/06/2025	Dutch	PDF
Abridged model	31/12/2023	03/09/2024	09/09/2024	Dutch	PDF
Abridged model	31/12/2022	28/09/2023	28/09/2023	Dutch	PDF
Abridged model	31/12/2021	31/08/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	23/07/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	03/06/2020	Dutch	PDF
Abridged model	31/12/2018	17/06/2019	18/06/2019	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
RMM Services0757.846.449Represented by Stefan MARIEN	Directorsince 20/11/2020
HOLDEN0811.866.541Represented by Tom POLLYN	Managing directorsince 05/07/2017

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FARADAY INVEST0600.966.171Represented by Piet VAN WAES	Director18/06/2018 → 18/09/2023
EAGLE NV0466.831.504Represented by Stefan MARIEN	Director05/07/2017 → 20/11/2020

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Capital / shares07/09/2026
KAPITAAL, AANDELEN
PDF
Mandates04/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares15/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Other18/07/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates08/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/09/2020
MAATSCHAPPELIJKE ZETEL
PDF
Other09/12/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other09/12/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
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

Filings8 filings

Mandates

RMM Services

HOLDEN

FARADAY INVEST

EAGLE NV

Vadepar

2017201820192020202120222023202420252026

MENAPY

Stationsstraat 3, 9340 Lede

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Stationsstraat 3, 9340 LedeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00291239

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MENAPYCurrent	accounts 2018 → 2025	Accounts 2025 · 2026-00291239

Events

2025
Annual accounts 20251,1 M €↑
2024
Annual accounts 2024-209,3 k €↑
2023
Annual accounts 2023-424,3 k €↓
2022
Annual accounts 2022-127,2 k €↓
2021
Annual accounts 202122,2 k €↓
2020
Annual accounts 2020125,3 k €↑
2019
Annual accounts 2019-238,6 k €↑
2018
Annual accounts 2018-283,5 k €
05/07/2017
IncorporationPublic limited company

MENAPY

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

Registered offices

Company names

Events