ACTIVE

M&S 51

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Financial year 2025 · Closed on 30/06/2025

Net result63,4 k €+28,8 %over 1 year
Gross margin121,5 k €+22,3 %over 1 year
Equity318,7 k €+24,8 %over 1 year

Identity

Source · BCE/KBO

M&S 51 is a Private limited company incorporated in 2017. Its main activity is: Freight transport by road. Its registered office is in Sint-Niklaas.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0680.890.114
Incorporation
11/09/2017
Legal form
Private limited company
Registered office
Hoge Bokstraat 52
9111 Sint-Niklaas · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
30/06/2025
Joint committees (1)
  • 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20252024202320222021
Income statement
Gross margin121,5 k €99,4 k €70 k €79,8 k €133,4 k €
EBITDA97,6 k €82,6 k €52,9 k €61,2 k €113,5 k €
Operating result86,8 k €71,8 k €32,8 k €44,1 k €96 k €
Net result63,4 k €49,2 k €18,7 k €28,5 k €73,4 k €
Balance sheet
Equity318,7 k €255,3 k €206,1 k €187,4 k €159 k €
Total assets556,4 k €388,9 k €326,5 k €346,2 k €323,5 k €
Cash228,6 k €192,4 k €113,5 k €84,8 k €71,1 k €
Debts219,6 k €133,6 k €120,3 k €158,8 k €164,6 k €

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 30/06/2025

2 active · 1 ended

Active mandates

Levent Akdogan

Director

Active
Muammer Akdogan

Director

Active

Ended mandates

Muammer Akdogan

Manager

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/12/202523/09/202518/12/202303/02/202331/01/202202/02/2021
General meeting03/12/202504/12/202406/12/202307/12/202201/12/202102/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202503/12/202509/12/2025DutchPDF
Micro model30/06/202404/12/202423/09/2025DutchPDF
Micro model30/06/202306/12/202318/12/2023DutchPDF
Micro model30/06/202207/12/202203/02/2023DutchPDF
Micro model30/06/202101/12/202131/01/2022DutchPDF
Micro model30/06/202002/12/202002/02/2021DutchPDF
Micro model30/06/201904/12/201917/12/2019DutchPDF

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 30/06/2025

2 active · 1 ended

Active mandates

Levent Akdogan

Director

Active
Muammer Akdogan

Director

Active

Ended mandates

Muammer Akdogan

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office26/03/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares06/01/2026
    KAPITAAL - AANDELEN
    PDF
  • Mandates19/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/04/2022
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/09/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other13/09/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 202563,4 k €↑
  2. 2024
    Annual accounts 202449,2 k €↑
  3. 2023
    Annual accounts 202318,7 k €↓
  4. 2022
    Annual accounts 202228,5 k €↓
  5. 2021
    Annual accounts 202173,4 k €↑
  6. 2020
    Annual accounts 202022,5 k €↓
  7. 2019
    Annual accounts 201950,6 k €
  8. 11/09/2017
    IncorporationPrivate limited company