ACTIVE

MONTIVATION

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
4,1 k €
-98.4% YoY
Gross margin
3,8 k €
-98.9% YoY
Equity
773,9 k €
+0.5% YoY

What does MONTIVATION do?

MONTIVATION is a Private limited company incorporated in 2010. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0832.827.845
Incorporation
29/12/2010
Legal form
Private limited company
Registered office
Entrepotkaai 12 box 81
2000 Antwerpen · FlandreSee on map
Contributed capital
445 254,01 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities64200Activities of holding companies64210Activities of holding companies66199Other activities auxiliary to financial services, except insurance and pension funding66199Other activities auxiliary to financial services, except insurance and pension funding+2
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021201820152014201320122011
Income statement
Gross margin3,8 k €330,3 k €-1,3 k €-720,6 €18,5 k €12,4 k €115,4 k €131,2 k €165,5 k €152,2 k €123,6 k €
EBITDA2,5 k €328,8 k €-3,6 k €-3 k €16,6 k €9,8 k €100,1 k €129,3 k €164,7 k €151,1 k €123,5 k €
Operating result-2,9 k €312,9 k €-33,8 k €-43,8 k €-13,6 k €-7,5 k €65 k €93,8 k €130,4 k €140,8 k €123,5 k €
Net result4,1 k €251,7 k €-36,4 k €-44,6 k €-13,9 k €-7,7 k €31,9 k €39,9 k €85,1 k €87,6 k €81 k €
Balance sheet
Equity773,9 k €769,8 k €518,1 k €554,5 k €599,1 k €650,8 k €673,8 k €641,9 k €602 k €108,2 k €14,4 k €
Total assets784,9 k €886 k €551,1 k €624 k €602,4 k €656,4 k €723,7 k €719,3 k €708 k €111,8 k €106,8 k €
Cash7,8 k €12 k €38,5 k €74,5 k €10,8 k €96,9 k €111,6 k €50,9 k €33,6 k €63,2 k €91 k €
Debts5,9 k €112,4 k €30,6 k €69,3 k €3,3 k €5,4 k €49,9 k €77,2 k €106 k €3,6 k €92,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Karine van der Sluis

Director · since 29 décembre 2010

Active

Ended mandates

Karine van der Sluis

Administrator - manager · since 29 décembre 2010

Ended
Karine van der Sluis

Manager · since 29 décembre 2010

Ended
Karine VAN DER SLUIS

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
BAAN 6● Active
0809.052.353
ECHELPOEL● Active
0835.621.148
KAPITALO● Active
0479.128.530
SERCAFIM● Active
0540.969.196
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 date05/05/202623/07/202521/05/202411/07/202329/06/202209/06/2021
General meeting28/04/202630/06/202502/04/202430/06/202326/04/202227/04/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202528/04/202605/05/2026DutchPDF
Micro model31/12/202430/06/202523/07/2025DutchPDF
Micro model31/12/202302/04/202421/05/2024DutchPDF
Micro model31/12/202230/06/202311/07/2023DutchPDF
Micro model31/12/202126/04/202229/06/2022DutchPDF
Micro model31/12/202027/04/202109/06/2021DutchPDF
Micro model31/12/201907/04/202030/04/2020DutchPDF
Abridged model31/12/201823/04/201923/05/2019DutchPDF
Abridged model31/12/201724/04/201824/05/2018DutchPDF
Abridged model31/12/201604/04/201719/05/2017DutchPDF
Abridged model31/12/201505/04/201624/06/2016DutchPDF
Abridged model31/12/201407/04/201507/07/2015DutchPDF
Abridged model31/12/201301/04/201422/05/2014DutchPDF
Abridged model14/11/201202/04/201315/04/2013DutchPDF
Abridged model14/11/201124/11/201115/12/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 1 active · 3 ended

Active mandates

Karine van der Sluis

Director · since 29 décembre 2010

Active

Ended mandates

Karine van der Sluis

Administrator - manager · since 29 décembre 2010

Ended
Karine van der Sluis

Manager · since 29 décembre 2010

Ended
Karine VAN DER SLUIS

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares27/11/2013
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares05/08/2013
    KAPITAAL - AANDELEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring10/06/2013
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other05/12/2011
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other27/01/2011
    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 20254,1 k €↓
  2. 2024
    Annual accounts 2024251,7 k €↑
  3. 2023
    Annual accounts 2023-36,4 k €↑
  4. 2022
    Annual accounts 2022-44,6 k €↓
  5. 2021
    Annual accounts 2021-13,9 k €↓
  6. 2018
    Annual accounts 2018-7,7 k €↓
  7. 2015
    Annual accounts 201531,9 k €↓
  8. 2014
    Annual accounts 201439,9 k €↓
  9. 2013
    Annual accounts 201385,1 k €↓
  10. 2012
    Annual accounts 201287,6 k €↑
  11. 2011
    Annual accounts 201181 k €
  12. 29/12/2010
    IncorporationPrivate limited company