ACTIVE

4MN

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Financial year 2025 · closed on 30/09/2025

Net result

63,1 k €

+51.3% YoY

Gross margin

166,2 k €

+17.6% YoY

Equity

595 k €

+11.9% YoY

What does 4MN do?

4MN is a Private company with limited liability incorporated in 2008. Its main activity is: Wholesale of waste and scrap. Its registered office is in Schelle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0808.044.345

Incorporation

27/11/2008

Legal form

Private company with limited liability

Registered office

Brandekensweg 54
2627 Schelle · FlandreSee on map

Contributed capital

250 000,00 €

Latest accounts

30/09/2025

Activities (NACE)

46772Wholesale of waste and scrap· main 46872Wholesale trade, except of motor vehicles and motorcycles

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2025		2024		2023		2022		2015		2013		2012		2011		2010		2009
Income statement
Gross margin	166,2 k €	+17.6%	141,3 k €	-12.8%	162 k €	-0.3%	162,5 k €	-17.5%	197 k €	+129%	85,9 k €	-14.9%	101 k €	-13.2%	116,3 k €	+0.3%	115,9 k €	+0.4%	115,5 k €
EBITDA	153,6 k €	+9.7%	140 k €	-12.9%	160,8 k €	-0.9%	162,2 k €	-16.4%	194 k €	+129%	84,7 k €	-15.2%	99,9 k €	-13.2%	115 k €	-0.3%	115,4 k €	+0.8%	114,5 k €
Operating result	125,6 k €	+28.4%	97,9 k €	+8.4%	90,3 k €	-1.6%	91,7 k €	-23.1%	119,3 k €	+40.8%	84,7 k €	-15.2%	99,9 k €	-13.2%	115 k €	-0.3%	115,4 k €	+433%	-34,7 k €
Net result	63,1 k €	+51.3%	41,7 k €	+12.5%	37,1 k €	-6.9%	39,9 k €	+88.6%	21,1 k €	-10.2%	23,5 k €	-40.6%	39,6 k €	-25.5%	53,2 k €	+14.2%	46,6 k €	+145%	-104,4 k €
Balance sheet
Equity	595 k €	+11.9%	531,9 k €	+8.5%	490,2 k €	+8.2%	453,1 k €	+37.4%	329,7 k €	+6.9%	308,5 k €	+8.3%	285 k €	+16.1%	245,4 k €	+27.7%	192,2 k €	+32.0%	145,6 k €
Total assets	1,7 M €	-4.4%	1,8 M €	+1.9%	1,8 M €	-0.2%	1,8 M €	-9.4%	1,9 M €	+30.7%	1,5 M €	-4.8%	1,6 M €	-1.3%	1,6 M €	+1.9%	1,5 M €	+1.5%	1,5 M €
Cash	114,9 k €	+30.7%	87,9 k €	-9.4%	97 k €	+117%	44,7 k €	+36.8%	32,7 k €	+307%	8 k €	+120%	3,7 k €	-63.6%	10 k €	-50.5%	20,2 k €	+13.0%	17,9 k €
Debts	1,1 M €	-11.4%	1,3 M €	-0.1%	1,3 M €	-3.2%	1,3 M €	-19.2%	1,6 M €	+37.2%	1,2 M €	-8.2%	1,3 M €	-4.5%	1,3 M €	-1.7%	1,4 M €	-1.7%	1,4 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 7 ended

Active mandates

1M_2

Director · since 01 septembre 2018 · 0703.985.913

Represented by Luc Moortgat

Active

Ended mandates

1M_2

Director · since 01 septembre 2018 · 0703.985.913

Represented by Luc MOORTGAT

Ended

1M_2

Manager · since 01 septembre 2018 · 0703.985.913

Represented by Luc Moortgat

Ended

Manager · since 18 décembre 2014 · 0505.938.043

Represented by Luc Moortgat

Ended

Luc Moortgat

Manager · since 26 novembre 2008

Ended

At this address

Other companies at this address

Company	CBE no.
MCR● Active	0463.135.309
VERMETAL● Active	0416.835.625

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/03/2026	31/03/2025	29/04/2024	21/03/2023	31/03/2022	10/03/2021
General meeting	10/03/2026	11/03/2025	31/03/2024	14/03/2023	08/03/2022	09/03/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	10/03/2026	17/03/2026	Dutch	PDF
Abridged model	30/09/2024	11/03/2025	31/03/2025	Dutch	PDF
Abridged model	30/09/2023	31/03/2024	29/04/2024	Dutch	PDF
Abridged model	30/09/2022	14/03/2023	21/03/2023	Dutch	PDF
Abridged model	30/09/2021	08/03/2022	31/03/2022	Dutch	PDF
Abridged model	30/09/2020	09/03/2021	10/03/2021	Dutch	PDF
Abridged model	30/09/2019	31/03/2020	29/04/2020	Dutch	PDF
Abridged model	30/09/2018	12/03/2019	13/03/2019	Dutch	PDF
Abridged model	30/09/2017	30/03/2018	27/04/2018	Dutch	PDF
Abridged model	30/09/2016	14/03/2017	25/04/2017	Dutch	PDF
Abridged model	30/09/2015	08/03/2016	21/03/2016	Dutch	PDF
Abridged model	31/12/2013	08/04/2014	11/07/2014	Dutch	PDF
Abridged model	31/12/2012	09/04/2013	18/06/2013	Dutch	PDF
Abridged model	31/12/2011	10/04/2012	14/05/2012	Dutch	PDF
Abridged model	31/12/2010	12/04/2011	10/05/2011	Dutch	PDF
Abridged model	31/12/2009	12/05/2010	26/05/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 30/09/2025 · 1 active · 7 ended

Active mandates

1M_2

Director · since 01 septembre 2018 · 0703.985.913

Represented by Luc Moortgat

Active

Ended mandates

1M_2

Director · since 01 septembre 2018 · 0703.985.913

Represented by Luc MOORTGAT

Ended

1M_2

Manager · since 01 septembre 2018 · 0703.985.913

Represented by Luc Moortgat

Ended

Manager · since 18 décembre 2014 · 0505.938.043

Represented by Luc Moortgat

Ended

Luc Moortgat

Manager · since 26 novembre 2008

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Court decision02/10/2018
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
PDF
Mandates06/01/2015
ONTSLAGEN - BENOEMINGEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other05/12/2008
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2025
Annual accounts 202563,1 k €↑
2024
Annual accounts 202441,7 k €↑
2023
Annual accounts 202337,1 k €↓
2022
Annual accounts 202239,9 k €↑
2015
Annual accounts 201521,1 k €↓
2013
Annual accounts 201323,5 k €↓
2012
Annual accounts 201239,6 k €↓
2011
Annual accounts 201153,2 k €↑
2010
Annual accounts 201046,6 k €↑
2009
Annual accounts 2009-104,4 k €
27/11/2008
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

4MN

Overview

What does 4MN do?

Trend over 10 financial years

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