ACTIVE

M&S ASSOCIES

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Financial year 2025 · Closed on 31/12/2025

Net result672,6 k €+156,8 %over 1 year
Gross margin1,1 M €+151,5 %over 1 year
Equity1,1 M €+175,8 %over 1 year

Identity

Source · BCE/KBO

M&S ASSOCIES is a Private limited company incorporated in 2022. Its registered office is in Tournai.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0793.343.402
Incorporation
07/11/2022
Legal form
Private limited company
Registered office
Rue de l'Yser(TOU) 22
7500 Tournai · WallonieSee on map
Contributed capital
40 000,00 €
Latest accounts
31/12/2025
Contacts
1 public detail availableLog in to view
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202520242023
Income statement
Gross margin1,1 M €424,6 k €163,7 k €
EBITDA1 M €415,6 k €153,4 k €
Operating result1 M €390,4 k €125,4 k €
Net result672,6 k €261,9 k €80,6 k €
Balance sheet
Equity1,1 M €382,5 k €120,6 k €
Total assets4,3 M €2,1 M €551,8 k €
Cash96,7 k €27,4 k €85 k €
Debts3,2 M €1,7 M €431,2 k €

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

2 active

Active mandates

Martin FONTAINE

Director · since 07 novembre 2022

Active
Sébastien DE LEEUW

Director · since 07 novembre 2022

Active

Other companies at this address

Rue de l'Yser(TOU) 22 7500 Tournai
CompanyCBE no.
Association des copropriétaires de la résidence YSER 22● Active
1040.025.288
Le Chemin d'Orphée● Active
0768.332.545

Full financial information

Source · NBB
202520242023
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/11/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months14 months
Filing date28/08/202629/08/202508/08/2024
General meeting27/08/202628/08/202514/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202527/08/202628/08/2026FrenchPDF
Micro model31/12/202428/08/202529/08/2025FrenchPDF
Micro model31/12/202314/06/202408/08/2024FrenchPDF

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

2 active

Active mandates

Martin FONTAINE

Director · since 07 novembre 2022

Active
Sébastien DE LEEUW

Director · since 07 novembre 2022

Active

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office07/10/2025
    SIEGE SOCIAL
    PDF
  • Registered office30/12/2024
    SIEGE SOCIAL
    PDF
  • Other09/11/2022
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

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 2025672,6 k €↑
  2. 2024
    Annual accounts 2024261,9 k €↑
  3. 2023
    Annual accounts 202380,6 k €
  4. 07/11/2022
    IncorporationPrivate limited company