ACTIVE

M-PAINTING

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Financial year 2025 · Closed on 31/12/2025

Net result29 k €+59,4 %over 1 year
Gross margin2 M €+18,8 %over 1 year
Equity398,6 k €+7,9 %over 1 year
Workforce28,0 ETP+9,8 %over 1 year

Identity

Source · BCE/KBO

M-PAINTING is a Private limited company incorporated in 2010. Its registered office is in Hasselt. It employs on average 28,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0831.004.344
Incorporation
09/11/2010
Legal form
Private limited company
Registered office
Winkelstraat 4
3720 Hasselt · FlandreSee on map
Contributed capital
40 920,00 €
Latest accounts
31/12/2025
Average workforce
28,0 ETP
Joint committees (2)
  • 124
  • 200
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 15 filings

Trend over 15 financial years

20252024202320222021
Income statement
Gross margin2 M €1,7 M €1,8 M €1,4 M €1,1 M €
EBITDA172,7 k €120,9 k €279,8 k €306,5 k €70,6 k €
Operating result71,9 k €63,5 k €232,7 k €252,3 k €51,1 k €
Net result29 k €18,2 k €178,3 k €210,9 k €18,1 k €
Balance sheet
Equity398,6 k €369,5 k €351,3 k €273,1 k €202,2 k €
Total assets1,4 M €1,3 M €1,2 M €917,6 k €703,7 k €
Cash153,9 k €96,4 k €204,8 k €21,4 k €86,6 k €
Debts964,4 k €939 k €815,9 k €643,2 k €500,9 k €
Other
Workforce28,0 ETP25,5 ETP23,5 ETP19,0 ETP18,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 6 ended

Active mandates

bpaint

Director · 0836.210.373

Represented by Olaf Bousse

Active
MIKAN CONSULTING

Director · 0716.707.561

Represented by Mikal Vielvoije

Active

Ended mandates

bpaint

Director · 0836.210.373

Represented by Olaf Bousse

Ended
bpaint

Director · 0836.210.373

Represented by Olaf Bousse

Ended
M-PAINTING

Director · 0831.004.344

Represented by Mikal Vielvoije

Ended
Mikal Vielvoije

Manager

Ended

Other companies at this address

Winkelstraat 4 3720 Hasselt
CompanyCBE no.
MIKARA● Active
0666.453.940
MK FLOOR● Active
0629.880.287

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date26/06/202603/07/202524/06/202419/06/202322/06/202221/06/2021
General meeting03/06/202603/06/202504/06/202406/06/202307/06/202201/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202503/06/202626/06/2026DutchPDF
Abridged model31/12/202403/06/202503/07/2025DutchPDF
Abridged model31/12/202304/06/202424/06/2024DutchPDF
Abridged model31/12/202206/06/202319/06/2023DutchPDF
Abridged model31/12/202107/06/202222/06/2022DutchPDF
Abridged model31/12/202001/06/202121/06/2021DutchPDF
Abridged model31/12/201908/06/202014/06/2020DutchPDF
Abridged model31/12/201804/06/201924/06/2019DutchPDF
Micro model31/12/201705/06/201807/06/2018DutchPDF
Micro model31/12/201606/06/201730/06/2017DutchPDF
Abridged model31/12/201507/06/201629/08/2016DutchPDF
Abridged model31/12/201402/06/201530/06/2015DutchPDF
Abridged model31/12/201303/06/201411/06/2014DutchPDF
Abridged model31/12/201204/06/201328/06/2013DutchPDF
Abridged model31/12/201105/06/201219/06/2012DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 6 ended

Active mandates

bpaint

Director · 0836.210.373

Represented by Olaf Bousse

Active
MIKAN CONSULTING

Director · 0716.707.561

Represented by Mikal Vielvoije

Active

Ended mandates

bpaint

Director · 0836.210.373

Represented by Olaf Bousse

Ended
bpaint

Director · 0836.210.373

Represented by Olaf Bousse

Ended
M-PAINTING

Director · 0831.004.344

Represented by Mikal Vielvoije

Ended
Mikal Vielvoije

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring25/07/2019
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring08/05/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office22/05/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other12/11/2010
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202529 k €↑
  2. 2024
    Annual accounts 202418,2 k €↓
  3. 2023
    Annual accounts 2023178,3 k €↓
  4. 2022
    Annual accounts 2022210,9 k €↑
  5. 2021
    Annual accounts 202118,1 k €↓
  6. 2020
    Annual accounts 202025,5 k €↓
  7. 2019
    Annual accounts 201947,7 k €↑
  8. 2018
    Annual accounts 2018-3,4 k €↓
  9. 2017
    Annual accounts 2017413,7 €↓
  10. 2016
    Annual accounts 201625,6 k €↑
  11. 2015
    Annual accounts 20155,1 k €↓
  12. 2014
    Annual accounts 20146,3 k €↓
  13. 2013
    Annual accounts 20137,2 k €↑
  14. 2012
    Annual accounts 2012-4,2 k €↓
  15. 2011
    Annual accounts 20114,5 k €
  16. 09/11/2010
    IncorporationPrivate limited company