ACTIVE

MB PROJECTS

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Financial year 2024 · closed on 31/12/2024
Net result
329,5 k €
-41.2% YoY
Gross margin
1,1 M €
+26.1% YoY
Equity
-1,9 M €
+14.8% YoY
Workforce
1,0 ETP
0.0% YoY

What does MB PROJECTS do?

MB PROJECTS is a Private limited company incorporated in 2009. Its main activity is: Development of building projects. Its registered office is in Hasselt. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0820.848.741
Incorporation
19/11/2009
Legal form
Private limited company
Registered office
Aldestraat 44
3500 Hasselt · FlandreSee on map
Contributed capital
109 650,08 €
Latest accounts
31/12/2024
Average workforce
1,0 ETP
Activities (NACE)
41102Development of building projects· main68122Buying and selling of own real estate
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2024202320222021202020192018201720162015201420132012
Income statement
Gross margin1,1 M €892,2 k €1,2 M €1,6 M €573,6 k €2,7 M €231,1 k €415,8 k €865,7 k €300,7 k €442,7 k €151,3 k €-187,1 k €
EBITDA1 M €820,7 k €904,8 k €1,3 M €385,6 k €-2,4 M €-17,1 k €297 k €735,7 k €201,7 k €423,4 k €131 k €-194,3 k €
Operating result1 M €634,6 k €2,5 M €-367,1 k €384,6 k €-2,4 M €-41,8 k €265,5 k €703,7 k €176,6 k €405,9 k €129,7 k €-194,3 k €
Net result329,5 k €560,7 k €322,2 k €-458,7 k €285 k €-2,7 M €-290,5 k €20,4 k €415,2 k €-63,6 k €306,3 k €54 k €-298,1 k €
Balance sheet
Equity-1,9 M €-2,2 M €-2,8 M €-3,1 M €-2,6 M €-2,9 M €-180,8 k €109,7 k €89,2 k €-326 k €-262,4 k €-568,7 k €-622,6 k €
Total assets10,3 M €9,9 M €9,2 M €8 M €9,4 M €9,4 M €12,1 M €11,8 M €12,1 M €12,5 M €9,9 M €6,1 M €2,2 M €
Cash10,2 k €68,3 k €10,4 k €7 k €4,8 k €11,2 k €1,7 k €82,1 k €56 k €8,4 k €37,4 k €82,4 k €36,5 k €
Debts10,8 M €10,9 M €10,8 M €10 M €10,9 M €11,3 M €11,5 M €11,1 M €11,5 M €12,5 M €9,9 M €6,4 M €2,7 M €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,1 ETP1,5 ETP1,5 ETP1,5 ETP1,5 ETP1,4 ETP0,3 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 8 ended

Active mandates

GROUP MC

Director · 0438.856.506

Represented by Caroline Maesen

Active
VICLO

Director · 0810.393.725

Represented by Willem Broux

Active

Ended mandates

GROUP MC

Manager · 0438.856.506

Represented by Caroline Maesen

Ended
MC Capital

Manager · 0871.729.201

Represented by Caroline Maesen

Ended
MC CAPITAL

Manager · 0871.729.201

Represented by Caroline Maesen

Ended
MC Capital NV

Manager · 0871.729.201

Represented by Caroline Maesen

Ended
At this address

Other companies at this address

CompanyCBE no.
ABCz Group● Active
0819.588.632
GROUP MC● Active
0438.856.506
LAND● Active
0502.811.079
MB Developments● Active
0424.930.175
SHOPCO IMMO● Active
0829.038.313
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/04/2018
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 months21 months
Filing date30/11/202531/07/202431/07/202330/07/202230/09/202131/12/2020
General meeting20/06/202521/06/202416/06/202317/06/202218/06/202128/08/2020
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202420/06/202530/11/2025DutchPDF
Abridged model31/12/202321/06/202431/07/2024DutchPDF
Abridged model31/12/202216/06/202331/07/2023DutchPDF
Abridged model31/12/202117/06/202230/07/2022DutchPDF
Abridged model31/12/202018/06/202130/09/2021DutchPDF
Abridged model31/12/201928/08/202031/12/2020DutchPDF
Abridged model31/03/201814/09/201831/10/2018DutchPDF
Abridged model31/03/201715/09/201730/11/2017DutchPDF
Abridged model31/03/201616/09/201629/11/2016DutchPDF
Abridged model31/03/201518/09/201530/11/2015DutchPDF
Abridged model31/03/201419/09/201428/11/2014DutchPDF
Abridged model31/03/201320/09/201330/11/2013DutchPDF
Abridged model31/03/201221/09/201230/11/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 8 ended

Active mandates

GROUP MC

Director · 0438.856.506

Represented by Caroline Maesen

Active
VICLO

Director · 0810.393.725

Represented by Willem Broux

Active

Ended mandates

GROUP MC

Manager · 0438.856.506

Represented by Caroline Maesen

Ended
MC Capital

Manager · 0871.729.201

Represented by Caroline Maesen

Ended
MC CAPITAL

Manager · 0871.729.201

Represented by Caroline Maesen

Ended
MC Capital NV

Manager · 0871.729.201

Represented by Caroline Maesen

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/04/2019
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates29/01/2018
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other03/12/2009
    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. 2024
    Annual accounts 2024329,5 k €↓
  2. 2023
    Annual accounts 2023560,7 k €↑
  3. 2022
    Annual accounts 2022322,2 k €↑
  4. 2021
    Annual accounts 2021-458,7 k €↓
  5. 2020
    Annual accounts 2020285 k €↑
  6. 2019
    Annual accounts 2019-2,7 M €↓
  7. 2018
    Annual accounts 2018-290,5 k €↓
  8. 2017
    Annual accounts 201720,4 k €↓
  9. 2016
    Annual accounts 2016415,2 k €↑
  10. 2015
    Annual accounts 2015-63,6 k €↓
  11. 2014
    Annual accounts 2014306,3 k €↑
  12. 2013
    Annual accounts 201354 k €↑
  13. 2012
    Annual accounts 2012-298,1 k €
  14. 19/11/2009
    IncorporationPrivate limited company