ACTIVE

MWingz

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Financial year 2025 · closed on 31/12/2025
Net result
2 M €
+12.9% YoY
Equity
3,2 M €
0.0% YoY
Workforce
108,3 ETP
+5.7% YoY

What does MWingz do?

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· main62900Computer programming, consultancy and related activities
Joint committees (1)
  • 200
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232020
Income statement
EBITDA3,4 M €3,3 M €3,1 M €1,2 M €
Operating result2,6 M €2,5 M €2,4 M €1,1 M €
Net result2 M €1,8 M €1,6 M €795 k €
Balance sheet
Equity3,2 M €3,2 M €3,2 M €4 M €
Total assets16,1 M €15 M €18,7 M €8,5 M €
Cash544,7 k €771 k €13,4 M €4,9 M €
Debts12,9 M €11,8 M €15,5 M €4,5 M €
Other
Workforce108,3 ETP102,5 ETP103,0 ETP101,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2023 · 6 active

Active mandates

Ben Appel

Director · since 01 septembre 2023 · until 09 mai 2025

Active
Jelle Jacquet

Director · since 01 octobre 2021 · until 09 mai 2025

Active
Mark Reid

Director · since 16 juillet 2021 · until 09 mai 2025

Active
Antoine Chouc

Director · since 01 mars 2021 · until 09 mai 2025

Active
Jan Van Acoleyen

Director · since 12 décembre 2019 · until 09 mai 2025

Active
Paul-Marie Dessart

Chairman of the board of directors · since 12 décembre 2019 · until 09 mai 2025

Active
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202112/12/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months13 months
Filing date12/05/202616/05/202522/05/202426/05/202315/06/202211/06/2021
General meeting08/05/202609/05/202510/05/202412/05/202313/05/202221/05/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202508/05/202612/05/2026DutchPDF
Full model31/12/202508/05/202612/05/2026FrenchPDF
Full model31/12/202409/05/202516/05/2025FrenchPDF
Full model31/12/202409/05/202516/05/2025DutchPDF
Full model31/12/202310/05/202422/05/2024DutchPDF
Full model31/12/202310/05/202422/05/2024FrenchPDF
Full model31/12/202212/05/202326/05/2023DutchPDF
Full model31/12/202212/05/202326/05/2023FrenchPDF
Full model31/12/202113/05/202215/06/2022FrenchPDF
Full model31/12/202113/05/202209/06/2022DutchPDF
Full model31/12/202021/05/202111/06/2021FrenchPDF
Full model31/12/202021/05/202111/06/2021DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2023 · 6 active

Active mandates

Ben Appel

Director · since 01 septembre 2023 · until 09 mai 2025

Active
Jelle Jacquet

Director · since 01 octobre 2021 · until 09 mai 2025

Active
Mark Reid

Director · since 16 juillet 2021 · until 09 mai 2025

Active
Antoine Chouc

Director · since 01 mars 2021 · until 09 mai 2025

Active
Jan Van Acoleyen

Director · since 12 décembre 2019 · until 09 mai 2025

Active
Paul-Marie Dessart

Chairman of the board of directors · since 12 décembre 2019 · until 09 mai 2025

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/07/2026
    ONTSLAGEN - BENOEMINGEN
    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

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. 2025
    Annual accounts 20252 M €↑
  2. 2024
    Annual accounts 20241,8 M €↑
  3. 2023
    Annual accounts 20231,6 M €↑
  4. 2020
    Annual accounts 2020795 k €
  5. 12/12/2019
    IncorporationPrivate limited company