ACTIVE

MBIT

Financial year 2025 · closed on 31/12/2025
Net result
41,8 k €
+45.4% YoY
Gross margin
66 k €
+42.1% YoY
Equity
114,8 k €
+57.3% YoY

What does MBIT do?

MBIT is a Private limited company incorporated in 2009. Its main activity is: Computer programming activities. Its registered office is in Bree.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0811.216.146
Incorporation
14/04/2009
Legal form
Private limited company
Registered office
St.-Antoniusstraat 2A
3960 Bree · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202018201720162015201420132012201120102009
Income statement
Gross margin66 k €46,5 k €19,9 k €12,1 k €18,7 k €4,7 k €6,9 k €2,4 k €-6,9 k €43,6 k €-2,9 k €-4,5 k €-260 €-450 €-800 €-1,6 k €
EBITDA65 k €45,8 k €18,4 k €10,5 k €17,3 k €3,8 k €5,8 k €1,8 k €-7,5 k €43,1 k €-3,4 k €-5,1 k €-792,7 €-978,6 €-1,3 k €-2,2 k €
Operating result63,3 k €43,6 k €16,2 k €7,8 k €16,8 k €676,9 €5,1 k €1,8 k €-7,5 k €43,1 k €-3,4 k €-5,1 k €-792,7 €-978,6 €-1,5 k €-2,8 k €
Net result41,8 k €28,8 k €9,8 k €3,7 k €11,5 k €-1,5 k €4,1 k €2,7 k €-7,6 k €40,6 k €-6 k €-8,5 k €-4,6 k €-5,2 k €-6,2 k €-8,6 k €
Balance sheet
Equity114,8 k €73 k €53,6 k €43,8 k €40,1 k €28,6 k €20,8 k €16,7 k €14 k €21,6 k €-19,1 k €-13 k €-4,6 k €72,8 €5,3 k €11,4 k €
Total assets160,7 k €124,1 k €66,4 k €57,7 k €61,4 k €45,2 k €30 k €24,6 k €20,1 k €130,5 k €92,6 k €93,6 k €92,6 k €92,8 k €92,7 k €93,6 k €
Cash128,5 k €98,1 k €43,2 k €42,2 k €38,3 k €17,5 k €6,1 k €1,6 k €233,7 €74,8 €1 k €55,2 €16,6 €39 €44,4 €
Debts45,8 k €51 k €12,8 k €13,9 k €21,3 k €16,5 k €9,2 k €7,8 k €6,1 k €109 k €111,7 k €106,6 k €97,1 k €92,8 k €87,5 k €82,2 k €
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 31/12/2025 · 1 active · 7 ended

Active mandates

Michael Bijnens

Director · since 09 décembre 2016

Active

Ended mandates

MICHAEL BIJNENS

Director · since 23 novembre 2016

Ended
Michaël BIJNENS

Manager · since 23 novembre 2016

Ended
Michel Bijnens

Director · since 23 novembre 2016

Ended
Murat UCAR

Manager · since 14 avril 2009 · until 23 novembre 2016

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 months12 months
Filing date30/06/202604/07/202528/06/202401/07/202312/08/202227/07/2021
General meeting15/05/202616/05/202517/05/202419/05/202320/05/202221/05/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202515/05/202630/06/2026DutchPDF
Micro modelCorrection31/12/202416/05/202504/07/2025DutchPDF
Micro model31/12/202416/05/202501/07/2025DutchPDF
Micro model31/12/202317/05/202428/06/2024DutchPDF
Micro model31/12/202219/05/202301/07/2023DutchPDF
Micro model31/12/202120/05/202212/08/2022DutchPDF
Micro model31/12/202021/05/202127/07/2021DutchPDF
Micro model31/12/201915/05/202031/08/2020DutchPDF
Micro model31/12/201817/05/201930/08/2019DutchPDF
Micro model31/12/201729/06/201823/08/2018DutchPDF
Micro model31/12/201619/05/201729/08/2017DutchPDF
Abridged model31/12/201520/05/201601/07/2016DutchPDF
Abridged model31/12/201415/05/201501/07/2015DutchPDF
Abridged model31/12/201316/05/201426/08/2014DutchPDF
Abridged model31/12/201217/05/201320/08/2013DutchPDF
Abridged model31/12/201118/05/201229/08/2012DutchPDF
Abridged model31/12/201020/05/201122/08/2011DutchPDF
Abridged model31/12/200921/05/201030/08/2010DutchPDF
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 31/12/2025 · 1 active · 7 ended

Active mandates

Michael Bijnens

Director · since 09 décembre 2016

Active

Ended mandates

MICHAEL BIJNENS

Director · since 23 novembre 2016

Ended
Michaël BIJNENS

Manager · since 23 novembre 2016

Ended
Michel Bijnens

Director · since 23 novembre 2016

Ended
Murat UCAR

Manager · since 14 avril 2009 · until 23 novembre 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/01/2024
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/12/2016
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/11/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/04/2009
    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. 2025
    Annual accounts 202541,8 k €
  2. 2024
    Annual accounts 202428,8 k €
  3. 2023
    Annual accounts 20239,8 k €
  4. 2022
    Annual accounts 20223,7 k €
  5. 2021
    Annual accounts 202111,5 k €
  6. 2020
    Annual accounts 2020-1,5 k €
  7. 2018
    Annual accounts 20184,1 k €
  8. 2017
    Annual accounts 20172,7 k €
  9. 2016
    Annual accounts 2016-7,6 k €
  10. 2016
    Name changeMBIT
  11. 2015
    Annual accounts 201540,6 k €
  12. 2014
    Annual accounts 2014-6 k €
  13. 2013
    Annual accounts 2013-8,5 k €
  14. 2012
    Annual accounts 2012-4,6 k €
  15. 2011
    Annual accounts 2011-5,2 k €
  16. 2010
    Annual accounts 2010-6,2 k €
  17. 2009
    Annual accounts 2009-8,6 k €
  18. 14/04/2009
    IncorporationPrivate limited company
  19. 2009
    Name changeU & B