MORATORIUM (JUDICIAL REORGANISATION)

M-ASSISTANCE

Financial year 2025 · closed on 31/12/2025
Net result
-203,2 k €
+33.4% YoY
Gross margin
602,5 k €
-9.5% YoY
Equity
-69 k €
-151.4% YoY

Company — Moratorium (judicial reorganisation).

What does M-ASSISTANCE do?

M-ASSISTANCE is a Private limited company incorporated in 2011. Its main activity is: Service activities incidental to land transportation. Its registered office is in Sint-Truiden.

Legal situation
Moratorium (judicial reorganisation)
BCE/KBO no. / VAT
BE 0834.848.217
Incorporation
23/03/2011
Legal form
Private limited company
Registered office
Montenakenweg 540
3800 Sint-Truiden · FlandreSee on map
Contributed capital
20 460,00 €
Latest accounts
31/12/2025
Joint committees (4)
  • 112
  • 14003
  • 200
  • 218
Signals
Healthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin602,5 k €665,8 k €764,6 k €983,2 k €722,9 k €462,9 k €874,8 k €971,8 k €1 M €1 M €595 k €365,2 k €394,6 k €324,6 k €
EBITDA-95,9 k €-219,2 k €120,5 k €504,8 k €212 k €-1,8 k €49,4 k €111,2 k €149,8 k €224,2 k €230,2 k €102,3 k €117,5 k €141,8 k €
Operating result-169,9 k €-284,3 k €46,3 k €448,5 k €146,1 k €-81,4 k €-95,8 k €-16,4 k €-1,4 k €112 k €94,7 k €29,9 k €30,7 k €38,1 k €
Net result-203,2 k €-305 k €18,4 k €338 k €137,5 k €-91,5 k €-103,1 k €-31,4 k €-11,2 k €63,2 k €60,6 k €7 k €12,1 k €21,1 k €
Balance sheet
Equity-69 k €134,2 k €439,2 k €420,8 k €82,8 k €-54,7 k €36,9 k €140 k €171,4 k €182,6 k €119,4 k €58,8 k €51,8 k €39,7 k €
Total assets745,2 k €952 k €839,4 k €825,8 k €558,5 k €531,2 k €920,5 k €868,5 k €1,1 M €859,1 k €724,9 k €527,7 k €510,2 k €506,2 k €
Cash70,2 k €14,3 k €94,7 k €185,9 k €5,5 k €6,6 k €22,5 k €14,9 k €27,2 k €27,5 k €62,4 k €36,6 k €79,5 k €65,6 k €
Debts814,2 k €817,8 k €400,2 k €405,1 k €472,6 k €583,2 k €883,6 k €717,6 k €894,6 k €661,2 k €596,7 k €468,8 k €457,8 k €466,4 k €
Other
Workforce8,1 ETP7,5 ETP9,1 ETP9,6 ETP14,0 ETP16,2 ETP17,0 ETP16,3 ETP8,7 ETP6,5 ETP6,3 ETP2,8 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

BRELA

Mandate · 0788.365.718

Represented by Brecht Lambrechts

Active

Ended mandates

BRELA

Director · since 01 décembre 2022 · 0788.365.718

Represented by Brecht Lambrechts

Ended
Marc Heylen

Director · since 01 janvier 2022 · until 01 décembre 2022

Ended
Marc Heylen

Director · since 01 décembre 2020

Ended
PHIMARCO

Director · since 01 janvier 2020 · until 01 décembre 2020 · 0826.667.355

Represented by Marc Heylen

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro 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 date30/06/202627/08/202506/08/202429/08/202312/09/202227/08/2021
General meeting26/06/202627/06/202528/06/202430/06/202324/06/202218/06/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/06/202630/06/2026DutchPDF
Micro model31/12/202427/06/202527/08/2025DutchPDF
Abridged model31/12/202328/06/202406/08/2024DutchPDF
Abridged model31/12/202230/06/202329/08/2023DutchPDF
Abridged model31/12/202124/06/202212/09/2022DutchPDF
Abridged model31/12/202018/06/202127/08/2021DutchPDF
Abridged modelCorrection31/12/201930/06/202008/09/2020DutchPDF
Abridged model31/12/201930/06/202029/07/2020DutchPDF
Abridged model31/12/201828/06/201924/07/2019DutchPDF
Abridged model31/12/201729/06/201826/07/2018DutchPDF
Abridged model31/12/201630/06/201718/07/2017DutchPDF
Abridged model31/12/201524/06/201631/08/2016DutchPDF
Abridged model31/12/201426/06/201531/08/2015DutchPDF
Abridged model31/12/201327/06/201425/09/2014DutchPDF
Abridged model31/12/201228/06/201330/09/2013DutchPDF
Estimate

Indicative valuation

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 · 13 ended

Active mandates

BRELA

Mandate · 0788.365.718

Represented by Brecht Lambrechts

Active

Ended mandates

BRELA

Director · since 01 décembre 2022 · 0788.365.718

Represented by Brecht Lambrechts

Ended
Marc Heylen

Director · since 01 janvier 2022 · until 01 décembre 2022

Ended
Marc Heylen

Director · since 01 décembre 2020

Ended
PHIMARCO

Director · since 01 janvier 2020 · until 01 décembre 2020 · 0826.667.355

Represented by Marc Heylen

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office16/09/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/12/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates21/12/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Registered office07/12/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/10/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office12/09/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other06/04/2011
    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 2025-203,2 k €
  2. 2024
    Annual accounts 2024-305 k €
  3. 2024
    Name changeM-Assistance
  4. 2023
    Annual accounts 202318,4 k €
  5. 2022
    Annual accounts 2022338 k €
  6. 2021
    Annual accounts 2021137,5 k €
  7. 2021
    Name changeHeylen
  8. 2020
    Annual accounts 2020-91,5 k €
  9. 2019
    Annual accounts 2019-103,1 k €
  10. 2018
    Annual accounts 2018-31,4 k €
  11. 2017
    Annual accounts 2017-11,2 k €
  12. 2016
    Annual accounts 201663,2 k €
  13. 2015
    Annual accounts 201560,6 k €
  14. 2014
    Annual accounts 20147 k €
  15. 2013
    Annual accounts 201312,1 k €
  16. 2012
    Annual accounts 201221,1 k €
  17. 23/03/2011
    IncorporationPrivate limited company