MEZZANINE PARTNERS 2
0686.554.023 · rovalta.com · 26/09/2026
ACTIVE
MEZZANINE PARTNERS 2
Financial year 2025 · Closed on 31/12/2025
Net result1 M €-9,9 %over 1 year
Revenue38 k €+85,6 %over 1 year
Equity7,2 M €-28,2 %over 1 year
Overview
Identity
Source · BCE/KBOMEZZANINE PARTNERS 2 is a Public limited company incorporated in 2017. Its registered office is in Bruxelles.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0686.554.023
- Incorporation
- 18/12/2017
- Legal form
- Public limited company
- Registered office
- Rue du Vieux Marché aux Grains 63
1000 Bruxelles · BruxellesSee on map - Contributed capital
- 4 426 620,81 €
- Latest accounts
- 31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
Financials
Source · NBB, 8 filingsTrend over 5 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 38 k € | +85.6% | 20,5 k € | -94.5% | 373,8 k € | -25.4% | 500,8 k € | -9.1% | 551 k € |
| EBITDA | -170 k € | +45.5% | -312,1 k € | +33.9% | -472 k € | -1220% | 42,1 k € | +32.3% | 31,9 k € |
| Operating result | -317,8 k € | -1.8% | -312,1 k € | +33.9% | -472 k € | -1220% | 42,1 k € | +32.3% | 31,9 k € |
| Net result | 1 M € | -9.9% | 1,2 M € | +2587% | -46,5 k € | -108% | 552,4 k € | -34.3% | 840,2 k € |
| Balance sheet | |||||||||
| Equity | 7,2 M € | -28.2% | 10 M € | -0.5% | 10,1 M € | +6.1% | 9,5 M € | +11.2% | 8,6 M € |
| Total assets | 23,5 M € | -32.6% | 34,8 M € | -24.9% | 46,3 M € | +36.7% | 33,9 M € | -11.6% | 38,3 M € |
| Cash | 3 M € | +153% | 1,2 M € | +101% | 596,7 k € | -93.3% | 8,9 M € | +226% | 2,7 M € |
| Debts | 16,2 M € | -34.4% | 24,8 M € | -31.4% | 36,1 M € | +48.3% | 24,4 M € | -18.1% | 29,7 M € |
Valuation
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20251 active · 5 ended
Active mandates
Ended mandates
Mezzanine Partners Management 2 BV
EndedOther companies at this address
Rue du Vieux Marché aux Grains 63 1000 Bruxelles| Company | CBE no. |
|---|---|
ARKimedes-Fonds● Liquidation | 0874.381.358 |
ARKIMEDES MANAGEMENT● Active | 0863.557.445 |
Aurora Pyxis● Active | 1030.884.326 |
Avante Biocapital Advisers● Active | 1015.606.925 |
AWT Gent● Active | 0695.459.118 |
Belgian Growth Fund I● Active | 0725.901.280 |
Belgian Growth Fund II● Active | 1017.591.960 |
BGF II Management● Active | 1016.285.133 |
BGF Management● Active | 0725.850.010 |
BIOTECH FONDS VLAANDEREN● Active | 0454.215.168 |
CASUAL CYCLING CLUB● Active | 1008.954.903 |
Circeaulair I● Active | 0802.470.607 |
EPICO Co-Investment Platform● Active | 0671.568.414 |
EPICo II● Active | 0786.413.840 |
EPICo II Water● Active | 0802.109.727 |
EPICo II Wind● Active | 0787.696.121 |
| 0671.531.097 | |
Fietsersbond● Active | 0455.348.880 |
Flanders Future Techfund● Active | 0729.794.445 |
GIGARANT● Active | 0811.389.162 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full 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 | 29/05/2026 | 18/06/2025 | 19/06/2024 | 12/06/2023 | 15/06/2022 | 15/06/2021 |
| General meeting | 18/05/2026 | 19/05/2025 | 21/05/2024 | 15/05/2023 | 16/05/2022 | 17/05/2021 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 8 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 18/05/2026 | 29/05/2026 | Dutch | |
| Full model | 31/12/2024 | 19/05/2025 | 18/06/2025 | Dutch | |
| Full model | 31/12/2023 | 21/05/2024 | 19/06/2024 | Dutch | |
| Full model | 31/12/2022 | 15/05/2023 | 12/06/2023 | Dutch | |
| Full model | 31/12/2021 | 16/05/2022 | 15/06/2022 | Dutch | |
| Full model | 31/12/2020 | 17/05/2021 | 15/06/2021 | Dutch | |
| Full model | 31/12/2019 | 18/05/2020 | 18/06/2020 | Dutch | |
| Full model | 31/12/2018 | 20/05/2019 | 04/06/2019 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20251 active · 5 ended
Active mandates
Ended mandates
Mezzanine Partners Management 2 BV
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates22/01/2026ONTSLAGEN - BENOEMINGEN
- Capital / shares31/12/2025STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Capital / shares14/10/2025STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Mandates21/11/2024ONTSLAGEN - BENOEMINGEN
- Capital / shares02/08/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Other02/04/2024DIVERSEN
- Other03/11/2023DIVERSEN
- Other25/10/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251 M €↓
- 2024Annual accounts 20241,2 M €↑
- 2023Annual accounts 2023-46,5 k €↓
- 2022Annual accounts 2022552,4 k €↓
- 2021Annual accounts 2021840,2 k €
- 18/12/2017IncorporationPublic limited company