ACTIVE

MANGELEX

Financial year 2025 · closed on 31/12/2025
Net result
-15 k €
-100.6% YoY
Gross margin
-2,9 k €
-2.1% YoY
Equity
4,6 M €
-40.1% YoY
Workforce
0,0 ETP

What does MANGELEX do?

MANGELEX is a Private limited company incorporated in 2020. Its registered office is in Etterbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0747.707.474
Incorporation
28/05/2020
Legal form
Private limited company
Registered office
Boulevard Saint-Michel 125
1040 Etterbeek · BruxellesSee on map
Contributed capital
4 591 347,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
Solid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin-2,9 k €-2,9 k €-3,3 k €-2,9 k €-2,8 k €
EBITDA-15,9 k €-12,4 k €-4,2 k €-3,8 k €-3,1 k €
Operating result-15,9 k €-12,4 k €-4,2 k €-3,8 k €-3,1 k €
Net result-15 k €2,6 M €1,2 M €-3,8 k €-2,1 M €
Balance sheet
Equity4,6 M €7,7 M €5,1 M €3,9 M €3,9 M €
Total assets7,7 M €7,7 M €5,1 M €3,9 M €3,9 M €
Cash978,3 €466,7 €65,7 k €28,9 k €31 k €
Debts3,1 M €3 k €2,1 k €1,9 k €159,4 €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Frédéric de BREM

Director

Active
Stéphane OBADIA

Director

Active

Ended mandates

CLEALEX MANAGEMENT SARL

Director · since 27 mai 2020

Represented by Frédéric de BREM

Ended
MANGENIE

Director · since 27 mai 2020 · 0660.988.484

Represented by OBADIA STÉPHANE

Ended
MANGENIE

Director · since 27 mai 2020 · 0660.988.484

Represented by OBADIA STÉPHANE

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202128/05/2020
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 months8 months
Filing date27/07/202630/07/202510/07/202425/08/202320/07/202218/08/2021
General meeting03/03/202616/06/202517/06/202419/06/202320/06/202221/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202503/03/202627/07/2026FrenchPDF
Abridged model31/12/202416/06/202530/07/2025FrenchPDF
Abridged model31/12/202317/06/202410/07/2024FrenchPDF
Abridged model31/12/202219/06/202325/08/2023FrenchPDF
Abridged model31/12/202120/06/202220/07/2022FrenchPDF
Abridged model31/12/202021/06/202118/08/2021FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/12/2025 · 2 active · 3 ended

Active mandates

Frédéric de BREM

Director

Active
Stéphane OBADIA

Director

Active

Ended mandates

CLEALEX MANAGEMENT SARL

Director · since 27 mai 2020

Represented by Frédéric de BREM

Ended
MANGENIE

Director · since 27 mai 2020 · 0660.988.484

Represented by OBADIA STÉPHANE

Ended
MANGENIE

Director · since 27 mai 2020 · 0660.988.484

Represented by OBADIA STÉPHANE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other10/03/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS
    PDF
  • Other02/06/2020
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025-15 k €
  2. 2024
    Annual accounts 20242,6 M €
  3. 2023
    Annual accounts 20231,2 M €
  4. 2022
    Annual accounts 2022-3,8 k €
  5. 2021
    Annual accounts 2021-2,1 M €
  6. 28/05/2020
    IncorporationPrivate limited company