ACTIVE

Meuse Bidco

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result65 M €-58,9 %over 1 year

Revenue2,2 M €-41,3 %over 1 year

Equity729,9 M €+9,8 %over 1 year

Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

Meuse Bidco is a Public limited company incorporated in 2021. Its main activity is: Activities of holding companies. Its registered office is in Liège. It employs on average 1,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0778.683.336
Incorporation: 15/12/2021
Legal form: Public limited company
Registered office: Rue des Guillemins 129
4000 Liège · WallonieSee on map
Contributed capital: 556 197 491,44 €
Latest accounts: 31/12/2025
Average workforce: 1,0 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (1)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 4 filings

Trend over 3 financial years

	2025		2024		2022
Income statement
Revenue	2,2 M €	-41.3%	3,7 M €		–
EBITDA	281,5 k €	-85.7%	2 M €	+112%	-16,4 M €
Operating result	281,2 k €	-85.7%	2 M €	+112%	-16,4 M €
Net result	65 M €	-58.9%	158,1 M €	+757%	-24,1 M €
Balance sheet
Equity	729,9 M €	+9.8%	664,9 M €	+62.3%	409,6 M €
Total assets	736,3 M €	-22.8%	953,9 M €	+12.3%	849,2 M €
Debts	6,4 M €	-97.8%	288,9 M €	-34.3%	439,5 M €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Emmanuel MEWISSEN	Managing director07/07/2022 → 12/06/2028
Nicolas LEONARD	Managing director07/07/2022 → 12/06/2028
Sylvain BONIVER	Director07/07/2022 → 12/06/2028

Other companies at this address

Rue des Guillemins 129 4000 Liège

Company	CBE no.
ALLIN1● Active	1009.334.983
ARDENT BETTING● Active	0459.573.924
ARDENT CASINO INTERNATIONAL● Active	0700.809.954
BIGB GAMING● Active	0779.530.008
CIRCUS BELGIUM● Active	0451.000.609
CIRCUS SERVICES● Active	0864.036.507
CORTEX HOLDING● Active	0555.947.679
EURO 78● Active	0423.111.426
Fondation Privée FOUNDATION1● Active	0788.196.759
FOUNDATION ALLIN1● Active	1009.343.594
GAMBLING MANAGEMENT● Active	0859.984.677
GAMBLING REAL ESTATE● Active	0700.808.271
GAMES SERVICES● Active	0423.669.076
GAMING ARDENT● Active	0667.768.487
HQ1● Active	0738.871.467
IP Trade● Active	0473.113.837
LUCKY BET● Active	0843.750.342
Meuse Finco● Active	0778.734.311
Meuse Midco● Active	0778.513.684
NAMUR CASINO RESORT● Active	0654.871.150

Full financial information

Source · NBB

	2025	2024	2023	2022
Type of account	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	14/12/2021
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Length of the financial year	12 months	12 months	12 months	13 months
Filing date	15/06/2026	26/06/2025	01/07/2024	07/07/2023
General meeting	08/06/2026	10/06/2025	28/06/2024	12/06/2023
Currency of the financial year	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 4 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	08/06/2026	15/06/2026	French	PDF
Full model	31/12/2024	10/06/2025	26/06/2025	French	PDF
Full model	31/12/2023	28/06/2024	01/07/2024	French	PDF
Full model	31/12/2022	12/06/2023	07/07/2023	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Emmanuel MEWISSEN	Managing director07/07/2022 → 12/06/2028
Nicolas LEONARD	Managing director07/07/2022 → 12/06/2028
Sylvain BONIVER	Director07/07/2022 → 12/06/2028

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/07/2026
Renouvellement du mandat du commissaire
PDF
Capital / shares11/02/2026
CAPITAL, ACTIONS
PDF
Mandates19/05/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates17/03/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates25/09/2024
DEMISSIONS, NOMINATIONS
PDF
Capital / shares16/05/2024
CAPITAL, ACTIONS
PDF
Mandates05/01/2024
DEMISSIONS, NOMINATIONS
PDF
Capital / shares01/09/2023
CAPITAL, ACTIONS
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

Filings3 filings

Mandates

Sylvain BONIVER

Nicolas LEONARD

Emmanuel MEWISSEN

20212022202320242025202620272028

Meuse Bidco

Rue des Guillemins 129, 4000 Liège

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue des Guillemins 129, 4000 LiègeCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00178285

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Meuse BidcoCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00178285

Events

05/02/2026
reduction_capital
2025
Annual accounts 202565 M €↓
14/04/2025
nominationSteven SCHEERS · mandataire special
2024
Annual accounts 2024158,1 M €↑
17/07/2024
nominationCatheline DUVIVIER · mandataire spécial (ressources humaines)
17/07/2024
nominationAnne LAMBERT · mandataire spécial (ressources humaines)
17/07/2024
nominationJulien PETITNIOT · mandataire spécial (ressources humaines)
17/07/2024
nominationDorian VERFAILLE · mandataire spécial (ressources humaines)
01/01/2024
augmentation_capital
12/10/2023
reconductionBDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES · commissaire
12/10/2023
nominationChristian Schmetz · représentant permanent
21/08/2023
augmentation_capital
15/06/2023
augmentation_capital
2022
Annual accounts 2022-24,1 M €
07/07/2022
nominationSonia AREZKI · mandataire spécial aux fins d'accomplir, au nom et pour le compte de la société les pouvoirs spéciaux limitativement énumérés ci-dessous
07/07/2022
nominationEmmanuel Mewissen · délégué à la gestion journalière
07/07/2022
nominationNicolas Léonard · délégué à la gestion journalière
07/07/2022
apportMeuse Midco
06/07/2022
augmentation_capital
15/12/2021
IncorporationPublic limited company

Meuse Bidco

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