M194
0835.811.485 · rovalta.com · 23/09/2026
ACTIVE
M194
Financial year 2025 · closed on 30/09/2025
Net result
-6 k €
-112.2% YoY
Gross margin
-354,2 €
-100.6% YoY
Equity
27,2 k €
-18.2% YoY
Overview
What does M194 do?
M194 is a Private limited company incorporated in 2011. Its registered office is in Hasselt.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0835.811.485
Incorporation
26/04/2011
Legal form
Private limited company
Registered office
Bosbeekstraat 29
3511 Hasselt · FlandreSee on map
3511 Hasselt · FlandreSee on map
Contributed capital
5 000,00 €
Latest accounts
30/09/2025
Signals
Good liquidity
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Financials
Trend over 14 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||
| Gross margin | -354,2 € | -101% | 59,4 k € | -42.7% | 103,6 k € | -64.5% | 292,3 k € | +3134% | -9,6 k € | -118% | 52,6 k € | +551% | -11,7 k € | -1.5% | -11,5 k € | -9.1% | -10,5 k € | -720% | 1,7 k € | +140% | -4,3 k € | -145% | 9,6 k € | +178% | -12,2 k € | -517% | -2 k € |
| EBITDA | -1,4 k € | -102% | 58,4 k € | -43.4% | 103,2 k € | -64.7% | 292,2 k € | +3010% | -10 k € | -119% | 52,2 k € | +521% | -12,4 k € | +14.7% | -14,5 k € | -19.7% | -12,1 k € | -952% | -1,2 k € | +87.4% | -9,2 k € | -243% | 6,4 k € | +140% | -15,9 k € | -704% | -2 k € |
| Operating result | -1,4 k € | -102% | 58,4 k € | -43.4% | 103,2 k € | -64.7% | 292,2 k € | +3010% | -10 k € | -119% | 52,2 k € | +521% | -12,4 k € | +14.7% | -14,5 k € | +75.6% | -59,5 k € | +77.5% | -264,7 k € | -2786% | -9,2 k € | -243% | 6,4 k € | +140% | -15,9 k € | -704% | -2 k € |
| Net result | -6 k € | -112% | 49,4 k € | -50.3% | 99,4 k € | -62.3% | 263,5 k € | +2134% | -13 k € | -126% | 50,8 k € | +457% | -14,2 k € | +42.2% | -24,6 k € | +65.5% | -71,4 k € | +73.1% | -265,7 k € | -2352% | -10,8 k € | -339% | 4,5 k € | +125% | -18,1 k € | +16.7% | -21,7 k € |
| Balance sheet | |||||||||||||||||||||||||||
| Equity | 27,2 k € | -18.2% | 33,2 k € | -94.6% | 613,8 k € | +19.3% | 514,3 k € | +105% | 250,8 k € | -4.9% | 263,8 k € | -3.4% | 273 k € | -5.0% | 287,2 k € | -7.9% | 311,8 k € | -18.6% | 383,2 k € | -40.9% | 648,9 k € | +15.9% | 559,7 k € | +16.6% | 480,2 k € | +27745% | -1,7 k € |
| Total assets | 757,8 k € | +31.7% | 575,3 k € | -7.1% | 619,6 k € | -37.1% | 985,7 k € | -13.9% | 1,1 M € | +173% | 418,9 k € | +24.9% | 335,4 k € | -2.8% | 345,1 k € | -58.4% | 830,1 k € | -7.0% | 892,9 k € | -26.6% | 1,2 M € | -0.4% | 1,2 M € | +24.8% | 978,9 k € | +47.5% | 663,6 k € |
| Cash | 6,5 k € | -36.0% | 10,2 k € | +121% | 4,6 k € | +578% | 680,4 € | -89.1% | 6,3 k € | -88.8% | 55,8 k € | +348% | 12,5 k € | -43.8% | 22,2 k € | +70.9% | 13 k € | -54.0% | 28,2 k € | +6610% | 420,2 € | -98.3% | 25,2 k € | +537% | 4 k € | – | |
| Debts | 713,3 k € | +33.9% | 532,8 k € | +9079% | 5,8 k € | -98.7% | 448,8 k € | -49.8% | 893,8 k € | +476% | 155,2 k € | +200% | 51,7 k € | -9.7% | 57,3 k € | -88.9% | 516,3 k € | +2.1% | 505,5 k € | -10.7% | 565,9 k € | -14.1% | 658,5 k € | +32.0% | 498,7 k € | -25.0% | 665,3 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 22 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
AMCO● Active | 1033.315.759 |
ASCI● Active | 0457.539.793 |
La Sauvenière● Active | 0404.227.011 |
MURANO● Active | 0466.740.442 |
So Real Holding● Active | 0772.682.402 |
TERRAE● Active | 0834.977.978 |
TERRAE REAL ESTATE● Active | 0733.525.579 |
Ubuild● Active | 0698.590.238 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 13/04/2026 | 30/04/2025 | 18/04/2024 | 03/04/2023 | 02/05/2022 | 29/04/2021 |
| General meeting | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
14 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/09/2025 | 31/03/2026 | 13/04/2026 | Dutch | |
| Micro model | 30/09/2024 | 31/03/2025 | 30/04/2025 | Dutch | |
| Micro model | 30/09/2023 | 31/03/2024 | 18/04/2024 | Dutch | |
| Micro model | 30/09/2022 | 31/03/2023 | 03/04/2023 | Dutch | |
| Micro model | 30/09/2021 | 31/03/2022 | 02/05/2022 | Dutch | |
| Micro model | 30/09/2020 | 31/03/2021 | 29/04/2021 | Dutch | |
| Micro model | 30/09/2019 | 31/03/2020 | 30/04/2020 | Dutch | |
| Micro model | 30/09/2018 | 08/04/2019 | 13/05/2019 | Dutch | |
| Micro model | 30/09/2017 | 31/03/2018 | 27/04/2018 | Dutch | |
| Abridged model | 30/09/2016 | 09/01/2018 | 22/01/2018 | Dutch | |
| Abridged model | 30/09/2015 | 31/03/2016 | 29/04/2016 | Dutch | |
| Abridged model | 30/09/2014 | 08/05/2015 | 07/01/2016 | Dutch | |
| Abridged model | 30/09/2013 | 31/03/2014 | 14/04/2014 | Dutch | |
| Abridged model | 30/09/2012 | 28/02/2013 | 30/04/2013 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 22 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates19/12/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Mandates14/02/2020ONTSLAGEN - BENOEMINGEN
- Mandates20/01/2016ONTSLAGEN - BENOEMINGEN
- Capital / shares04/09/2013KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
- Mandates18/10/2012MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Other09/05/2011RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-6 k €↓
- 2024Annual accounts 202449,4 k €↓
- 2023Annual accounts 202399,4 k €↓
- 2022Annual accounts 2022263,5 k €↑
- 2021Annual accounts 2021-13 k €↓
- 2020Annual accounts 202050,8 k €↑
- 2019Annual accounts 2019-14,2 k €↑
- 2018Annual accounts 2018-24,6 k €↑
- 2017Annual accounts 2017-71,4 k €↑
- 2016Annual accounts 2016-265,7 k €↓
- 2015Annual accounts 2015-10,8 k €↓
- 2014Annual accounts 20144,5 k €↑
- 2013Annual accounts 2013-18,1 k €↑
- 2012Annual accounts 2012-21,7 k €
- 26/04/2011IncorporationPrivate limited company