ACTIVE

MECHANICAL ENGINEERING SOLUTIONS

Financial year 2024 · closed on 31/12/2024
Net result
61,3 k €
-9.5% YoY
Gross margin
113,8 k €
+8.6% YoY
Equity
289,8 k €
+26.9% YoY

What does MECHANICAL ENGINEERING SOLUTIONS do?

MECHANICAL ENGINEERING SOLUTIONS is a Private limited company incorporated in 2008. Its main activity is: Activities of holding companies. Its registered office is in Essen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0808.217.757
Incorporation
05/12/2008
Legal form
Private limited company
Registered office
Heikantstraat 68
2910 Essen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202420232022202120202018201720162015201420132012201120102009
Income statement
Gross margin113,8 k €104,8 k €52,2 k €50 k €8,7 k €52,6 k €21,4 k €20,8 k €7,1 k €16,8 k €16,6 k €19,2 k €13,8 k €11,6 k €
EBITDA113,4 k €103,6 k €51,8 k €35,3 k €49,6 k €8,3 k €25,3 k €20,4 k €20,3 k €6,5 k €16,3 k €16,1 k €18,1 k €13,1 k €11 k €
Operating result99,3 k €100,3 k €48,1 k €33,5 k €47,8 k €4,7 k €23,7 k €11,2 k €16,6 k €2,4 k €12,1 k €12 k €14,4 k €11,4 k €9,3 k €
Net result61,3 k €67,8 k €25,3 k €21,2 k €29,2 k €1,8 k €17,2 k €6,3 k €11 k €-2,2 k €5,7 k €5,8 k €7,3 k €5 k €4,1 k €
Balance sheet
Equity289,8 k €228,4 k €160,6 k €129,1 k €107,9 k €74,3 k €72,5 k €55,3 k €49 k €38 k €40,2 k €34,6 k €28,8 k €21,5 k €16,5 k €
Total assets523,6 k €650,5 k €649,2 k €381,1 k €362,1 k €92,6 k €94 k €104,4 k €73 k €65,5 k €68 k €66,6 k €55 k €45,1 k €38,6 k €
Cash14 k €9,9 k €25 k €39 k €39,5 k €41 k €22,9 k €25,7 k €39,2 k €22,6 k €23 k €21,4 k €4,1 k €5,4 k €1,4 k €
Debts233,8 k €422,1 k €488,6 k €252 k €254,1 k €18,4 k €21,6 k €49,1 k €23,9 k €27,5 k €27,8 k €32 k €26,2 k €23,6 k €22 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 4 ended

Active mandates

David Early

Director · since 05 décembre 2008

Active

Ended mandates

David Early

Manager · since 04 décembre 2008

Ended
DAVID JAMES EARLY

Director · since 01 décembre 2008

Ended
EARLY DAVID JAMES

Manager · since 01 décembre 2008

Ended
David Early

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
EMPOWERActive
0414.490.797
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelFull modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/07/202512/03/202424/05/202304/06/202221/06/202120/08/2020
General meeting30/06/202521/02/202426/04/202331/05/202231/05/202119/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202510/07/2025DutchPDF
Abridged model31/12/202321/02/202412/03/2024DutchPDF
Abridged model31/12/202226/04/202324/05/2023DutchPDF
Full model31/12/202131/05/202204/06/2022DutchPDF
Abridged model31/12/202031/05/202121/06/2021DutchPDF
Abridged model31/12/201919/06/202020/08/2020DutchPDF
Abridged model31/12/201821/06/201924/06/2019DutchPDF
Abridged model31/12/201715/06/201809/07/2018DutchPDF
Abridged model31/12/201616/06/201729/08/2017DutchPDF
Abridged model31/12/201517/06/201629/07/2016DutchPDF
Abridged model31/12/201419/06/201501/07/2015DutchPDF
Abridged model31/12/201320/06/201404/09/2014DutchPDF
Abridged model31/12/201221/06/201331/07/2013DutchPDF
Abridged model31/12/201115/06/201227/06/2012DutchPDF
Abridged model31/12/201017/06/201128/06/2011DutchPDF
Abridged model31/12/200918/06/201029/06/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/12/2024 · 1 active · 4 ended

Active mandates

David Early

Director · since 05 décembre 2008

Active

Ended mandates

David Early

Manager · since 04 décembre 2008

Ended
DAVID JAMES EARLY

Director · since 01 décembre 2008

Ended
EARLY DAVID JAMES

Manager · since 01 décembre 2008

Ended
David Early

Director

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/10/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/12/2008
    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

Timeline

  1. 2024
    Annual accounts 202461,3 k €
  2. 2023
    Annual accounts 202367,8 k €
  3. 2022
    Annual accounts 202225,3 k €
  4. 2021
    Annual accounts 202121,2 k €
  5. 2020
    Annual accounts 202029,2 k €
  6. 2018
    Annual accounts 20181,8 k €
  7. 2017
    Annual accounts 201717,2 k €
  8. 2016
    Annual accounts 20166,3 k €
  9. 2015
    Annual accounts 201511 k €
  10. 2014
    Annual accounts 2014-2,2 k €
  11. 2013
    Annual accounts 20135,7 k €
  12. 2012
    Annual accounts 20125,8 k €
  13. 2011
    Annual accounts 20117,3 k €
  14. 2010
    Annual accounts 20105 k €
  15. 2009
    Annual accounts 20094,1 k €
  16. 05/12/2008
    IncorporationPrivate limited company