ACTIVE

MWingz

Financial year 2025 · Closed on 31/12/2025

Net result2 M €+12,9 %over 1 year

Equity3,2 M €0,0 %over 1 year

Workforce108,3 ETP+5,7 %over 1 year

Identity

Source · BCE/KBO

MWingz is a Private limited company incorporated in 2019. Its main activity is: Other information technology and computer service activities. Its registered office is in Schaerbeek. It employs on average 108,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0738.987.372
Incorporation: 12/12/2019
Legal form: Private limited company
Registered office: Boulevard du Roi AlbertII 37
1030 Schaerbeek · BruxellesSee on map
Contributed capital: 3 200 000,00 €
Latest accounts: 31/12/2025
Average workforce: 108,3 ETP

Activities (NACE)

62090Other information technology and computer service activities· main 62900Computer programming, consultancy and related activities

Joint committees (1)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 12 filings

Trend over 4 financial years

	2025		2024		2023		2020
Income statement
EBITDA	3,4 M €	+4.0%	3,3 M €	+6.4%	3,1 M €	+152%	1,2 M €
Operating result	2,6 M €	+1.5%	2,5 M €	+5.6%	2,4 M €	+109%	1,1 M €
Net result	2 M €	+12.9%	1,8 M €	+9.3%	1,6 M €	+102%	795 k €
Balance sheet
Equity	3,2 M €	0.0%	3,2 M €	0.0%	3,2 M €	-19.9%	4 M €
Total assets	16,1 M €	+7.3%	15 M €	-20.0%	18,7 M €	+120%	8,5 M €
Cash	544,7 k €	-29.4%	771 k €	-94.2%	13,4 M €	+172%	4,9 M €
Debts	12,9 M €	+9.3%	11,8 M €	-24.2%	15,5 M €	+244%	4,5 M €
Other
Workforce	108,3 ETP	+5.7%	102,5 ETP	-0.5%	103,0 ETP	+1.4%	101,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2023

6 active

Last known composition, from the accounts closed on 31/12/2023, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ben Appel	Director01/09/2023 → 09/05/2025
Jelle Jacquet	Director01/10/2021 → 09/05/2025
Mark Reid	Director16/07/2021 → 09/05/2025
Antoine Chouc	Director01/03/2021 → 09/05/2025
Jan Van Acoleyen	Director12/12/2019 → 09/05/2025
Paul-Marie Dessart	Chairman of the board of directors12/12/2019 → 09/05/2025

Other companies at this address

Boulevard du Roi AlbertII 37 1030 Schaerbeek

Company	CBE no.
ATRIAS● Active	0836.258.873
Entreprise publique des Technologies Numériques de l'Information et de la Communication de la Communauté française● Active	0536.164.530
IBCOL Technical Services Belgium● Active	1021.609.146
International Network of Insurance● Active	0848.530.066
LINEAS● Active	0896.067.192
LINEAS GROUP● Active	0822.966.806
Luisterpuntbibliotheek● Active	0895.917.239
Modal Shifters● Active	0638.877.236
MSIG EUROPE● Active	0644.921.425
MSIG Specialty Marine● Active	0670.726.393
NMBS LOGISTICS GROEP● Active	0838.084.354
Stichting Modal Shifters● Active	0681.706.003
Zefier● Active	0680.832.904

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	12/12/2019
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	13 months
Filing date	12/05/2026	16/05/2025	22/05/2024	26/05/2023	15/06/2022	11/06/2021
General meeting	08/05/2026	09/05/2025	10/05/2024	12/05/2023	13/05/2022	21/05/2021
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 · NBB

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Annual accounts filings

Source · NBB, 12 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	08/05/2026	12/05/2026	Dutch	PDF
Full model	31/12/2025	08/05/2026	12/05/2026	French	PDF
Full model	31/12/2024	09/05/2025	16/05/2025	French	PDF
Full model	31/12/2024	09/05/2025	16/05/2025	Dutch	PDF
Full model	31/12/2023	10/05/2024	22/05/2024	Dutch	PDF
Full model	31/12/2023	10/05/2024	22/05/2024	French	PDF
Full model	31/12/2022	12/05/2023	26/05/2023	Dutch	PDF
Full model	31/12/2022	12/05/2023	26/05/2023	French	PDF
Full model	31/12/2021	13/05/2022	15/06/2022	French	PDF
Full model	31/12/2021	13/05/2022	09/06/2022	Dutch	PDF
Full model	31/12/2020	21/05/2021	11/06/2021	French	PDF
Full model	31/12/2020	21/05/2021	11/06/2021	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/12/2023

6 active

Last known composition, from the accounts closed on 31/12/2023, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ben Appel	Director01/09/2023 → 09/05/2025
Jelle Jacquet	Director01/10/2021 → 09/05/2025
Mark Reid	Director16/07/2021 → 09/05/2025
Antoine Chouc	Director01/03/2021 → 09/05/2025
Jan Van Acoleyen	Director12/12/2019 → 09/05/2025
Paul-Marie Dessart	Chairman of the board of directors12/12/2019 → 09/05/2025

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other16/07/2026
Divers
PDF
Other16/07/2026
Divers
PDF
Mandates25/03/2026
DEMISSIONS, NOMINATIONS
PDF
Registered office25/03/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates10/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/06/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates26/06/2025
ONTSLAGEN - BENOEMINGEN
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

Filings4 filings

Mandates

Ben Appel

Jelle Jacquet

Mark Reid

Antoine Chouc

Jan Van Acoleyen

Paul-Marie Dessart

20192020202120222023202420252026

MWingz

Director

Chairman of the board of directors

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Boulevard du Roi AlbertII 37, 1030 SchaerbeekCurrent		CBE
boulevard Simon Bolivar 36, 1000 Brussels	accounts 2023	Accounts 2023 · 2024-00095695

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MWingzCurrent	accounts 2020 → 2025	Accounts 2025 · 2026-00110621

Events

2025
Annual accounts 20252 M €↑
2024
Annual accounts 20241,8 M €↑
2023
Annual accounts 20231,6 M €↑
2020
Annual accounts 2020795 k €
12/12/2019
IncorporationPrivate limited company

MWingz

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