ACTIVE

M GROUP

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Financial year 2024 · closed on 31/12/2024
Net result
6,9 k €
+4890.3% YoY
Gross margin
7 k €
+2745.5% YoY
Equity
1,4 k €
+125.4% YoY

What does M GROUP do?

M GROUP is a Private limited company incorporated in 2018. Its registered office is in Zaventem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0690.519.046
Incorporation
12/02/2018
Legal form
Private limited company
Registered office
Excelsiorlaan 31
1930 Zaventem · FlandreSee on map
Contributed capital
21 000,00 €
Latest accounts
31/12/2024
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202420232022202120202019
Income statement
Gross margin7 k €247,1 €-14,8 k €-2,2 k €5,7 k €1,1 k €
EBITDA6,9 k €138,1 €-14,8 k €-2,5 k €5,4 k €770,5 €
Operating result6,9 k €138,1 €-14,8 k €-2,5 k €5,4 k €770,5 €
Net result6,9 k €138,1 €-14,8 k €-2,7 k €4,9 k €406 €
Balance sheet
Equity1,4 k €-5,5 k €-5,6 k €9,2 k €11,8 k €6,9 k €
Total assets13,2 k €722,1 €13,8 k €22,1 k €17,8 k €24,1 k €
Cash1,1 k €–4,8 k €9,5 k €5,1 k €22,6 k €
Debts11,8 k €6,2 k €19,4 k €13 k €6 k €17,2 k €
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 · 7 ended

Active mandates

Mustafa Akbayir

Director

Active

Ended mandates

Kübra Akbayir

Director · since 28 février 2023

Ended
Mustafa Akbayir

Director · since 11 juin 2019

Ended
Mustafa AKBAYIR

Administrator - manager · since 11 juin 2019

Ended
Mustafa AKBAYIR

Manager · since 11 juin 2019

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/11/202527/08/202421/09/202322/08/202213/09/202101/10/2020
General meeting08/05/202509/05/202411/05/202312/05/202213/05/202114/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202408/05/202528/11/2025DutchPDF
Micro model31/12/202309/05/202427/08/2024DutchPDF
Micro model31/12/202211/05/202321/09/2023DutchPDF
Micro model31/12/202112/05/202222/08/2022DutchPDF
Micro model31/12/202013/05/202113/09/2021DutchPDF
Micro model31/12/201914/05/202001/10/2020DutchPDF
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 · 7 ended

Active mandates

Mustafa Akbayir

Director

Active

Ended mandates

Kübra Akbayir

Director · since 28 février 2023

Ended
Mustafa Akbayir

Director · since 11 juin 2019

Ended
Mustafa AKBAYIR

Administrator - manager · since 11 juin 2019

Ended
Mustafa AKBAYIR

Manager · since 11 juin 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/01/2026
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/10/2024
    WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/04/2023
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/01/2021
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates01/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/02/2018
    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 20246,9 k €↑
  2. 2024
    Name changeM Group
  3. 2023
    Annual accounts 2023138,1 €↑
  4. 2022
    Annual accounts 2022-14,8 k €↓
  5. 2021
    Annual accounts 2021-2,7 k €↓
  6. 2021
    Name changeYilsa
  7. 2020
    Annual accounts 20204,9 k €↑
  8. 2019
    Annual accounts 2019406 €
  9. 12/02/2018
    IncorporationPrivate limited company