MITEL BELGIUM
0860.042.580 · rovalta.com · 24/09/2026
ACTIVE
MITEL BELGIUM
Financial year 2025 · closed on 31/12/2025
Net result
437 k €
+239.1% YoY
Gross margin
5,8 M €
+34.5% YoY
Equity
4,9 M €
+9.7% YoY
Workforce
23,5 ETP
-6.0% YoY
Overview
What does MITEL BELGIUM do?
MITEL BELGIUM is a Public limited company incorporated in 2003. Its main activity is: Wholesale of information and communication equipment. Its registered office is in Mechelen. It employs on average 23,5 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0860.042.580
Incorporation
12/08/2003
Legal form
Public limited company
Registered office
Kardinaal Mercierplein 2
2800 Mechelen · FlandreSee on map
2800 Mechelen · FlandreSee on map
Contributed capital
3 828 289,40 €
Latest accounts
31/12/2025
Average workforce
23,5 ETP
Activities (NACE)
46500Wholesale of information and communication equipment· main46520Wholesale of electronic and telecommunications equipment and parts51860Air transport71330Architectural and engineering activities; technical testing and analysis77330Rental and leasing of office machinery and equipment (including computers)77330Rental and leasing of office machinery and equipment (including computers)
Joint committees (2)
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 5,8 M € | +34.5% | 4,3 M € | +6.2% | 4,1 M € | +24.7% | 3,3 M € | -3.6% | 3,4 M € | +21.6% | 2,8 M € | -14.9% | 3,3 M € | -7.9% | 3,6 M € | – | – | – | – | – | – | – | – | – | – | – | |||||||||||
| EBITDA | 251,9 k € | -34.7% | 385,7 k € | -0.9% | 389,4 k € | +84.4% | 211,2 k € | -8.4% | 230,5 k € | -1.2% | 233,4 k € | -36.5% | 367,7 k € | -29.3% | 520 k € | -69.1% | 1,7 M € | +227% | 515,8 k € | +13.8% | 453,1 k € | -50.3% | 910,9 k € | +77.2% | 514,1 k € | -22.9% | 666,8 k € | -28.4% | 931 k € | -37.7% | 1,5 M € | -8.4% | 1,6 M € | +76.2% | 925,6 k € | +74.3% | 531,1 k € |
| Operating result | 252,4 k € | -7.9% | 274,2 k € | -4.4% | 286,7 k € | +45.2% | 197,5 k € | -6.0% | 210,1 k € | +44.9% | 145 k € | -33.7% | 218,5 k € | -38.4% | 354,9 k € | -78.4% | 1,6 M € | +390% | 334,8 k € | -27.1% | 459,5 k € | -37.3% | 733,1 k € | +51.6% | 483,6 k € | -15.1% | 569,6 k € | -6.2% | 607,2 k € | -40.4% | 1 M € | -5.4% | 1,1 M € | +239% | 317,8 k € | +459% | 56,9 k € |
| Net result | 437 k € | +239% | 128,9 k € | -14.4% | 150,5 k € | -25.3% | 201,3 k € | +67.6% | 120,2 k € | +21.5% | 98,9 k € | -21.6% | 126,1 k € | -39.4% | 208,2 k € | -82.6% | 1,2 M € | +339% | 271,9 k € | +110% | 129,4 k € | +110% | -1,3 M € | -730% | 209,3 k € | -23.7% | 274,2 k € | -8.5% | 299,8 k € | -66.8% | 903,9 k € | -8.6% | 989 k € | +211% | 317,6 k € | +839% | -43 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 4,9 M € | +9.7% | 4,5 M € | +2.9% | 4,4 M € | +3.6% | 4,2 M € | -50.4% | 8,5 M € | +111% | 4 M € | +2.5% | 3,9 M € | +3.3% | 3,8 M € | +5.8% | 3,6 M € | +49.3% | 2,4 M € | +12.7% | 2,1 M € | +6.4% | 2 M € | -39.5% | 3,3 M € | +6.7% | 3,1 M € | -26.9% | 4,3 M € | +7.5% | 4 M € | +29.4% | 3,1 M € | -23.8% | 4 M € | +1630% | 233,1 k € |
| Total assets | 8,6 M € | -8.6% | 9,4 M € | -22.0% | 12,1 M € | +12.6% | 10,7 M € | +3.0% | 10,4 M € | +82.0% | 5,7 M € | -41.0% | 9,7 M € | -10.2% | 10,8 M € | +7.7% | 10 M € | +36.4% | 7,4 M € | -9.4% | 8,1 M € | +32.4% | 6,1 M € | -9.1% | 6,8 M € | -23.4% | 8,8 M € | -10.3% | 9,8 M € | +14.6% | 8,6 M € | -5.4% | 9,1 M € | -27.9% | 12,6 M € | +79.1% | 7 M € |
| Cash | 330,1 k € | -15.8% | 392 k € | +17.0% | 335,1 k € | +130% | 145,9 k € | +102% | 72,3 k € | -26.3% | 98,1 k € | -56.7% | 226,5 k € | +35.3% | 167,5 k € | -14.2% | 195,1 k € | -91.0% | 2,2 M € | +15.0% | 1,9 M € | -16.4% | 2,3 M € | +38.5% | 1,6 M € | +35.1% | 1,2 M € | +4.8% | 1,2 M € | -30.9% | 1,7 M € | +164% | 634,3 k € | +6.9% | 593,2 k € | +136% | 251,7 k € |
| Debts | 3 M € | +10.7% | 2,7 M € | -27.5% | 3,7 M € | -41.8% | 6,4 M € | +261% | 1,8 M € | +7.3% | 1,7 M € | -70.6% | 5,6 M € | -15.3% | 6,6 M € | +6.8% | 6,2 M € | +132% | 2,7 M € | -22.9% | 3,5 M € | +69.3% | 2,1 M € | -10.0% | 2,3 M € | -52.1% | 4,8 M € | +4.6% | 4,6 M € | +25.1% | 3,6 M € | -23.5% | 4,8 M € | -38.1% | 7,7 M € | +17.3% | 6,6 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 23,5 ETP | -6.0% | 25,0 ETP | +29.5% | 19,3 ETP | +3.2% | 18,7 ETP | +7.5% | 17,4 ETP | +0.6% | 17,3 ETP | -5.5% | 18,3 ETP | -14.5% | 21,4 ETP | -14.7% | 25,1 ETP | -36.6% | 39,6 ETP | -11.0% | 44,5 ETP | -10.3% | 49,6 ETP | -14.5% | 58,0 ETP | +1.2% | 57,3 ETP | -4.0% | 59,7 ETP | -5.8% | 63,4 ETP | +0.3% | 63,2 ETP | -2.2% | 64,6 ETP | +61.1% | 40,1 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 24 ended
Active mandates
Alain Huys
ActiveGregory HISCOCK
ActiveEnded mandates
Alain HUYS
EndedGregory HISCOCK
EndedRichard E. Hodgetts
EndedRichard E. HODGETTS
EndedAt this address
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|---|---|
| 1025.942.868 | |
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Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 09/07/2026 | 04/09/2025 | 22/10/2024 | 13/06/2023 | 18/07/2022 | 28/06/2021 |
| General meeting | 06/07/2026 | 21/08/2025 | 16/09/2024 | 22/05/2023 | 13/07/2022 | 18/06/2021 |
| 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
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 06/07/2026 | 09/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 21/08/2025 | 04/09/2025 | Dutch | |
| Abridged model | 31/12/2023 | 16/09/2024 | 22/10/2024 | Dutch | |
| Abridged model | 31/12/2022 | 22/05/2023 | 13/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 13/07/2022 | 18/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 18/06/2021 | 28/06/2021 | Dutch | |
| Abridged modelCorrection | 31/12/2019 | 08/09/2020 | 26/01/2021 | Dutch | |
| Abridged model | 31/12/2019 | 08/09/2020 | 14/10/2020 | Dutch | |
| Abridged model | 31/12/2018 | 10/10/2019 | 28/10/2019 | Dutch | |
| Full model | 31/12/2017 | 06/09/2018 | 17/09/2018 | Dutch | |
| Full model | 31/12/2016 | 14/07/2017 | 29/08/2017 | Dutch | |
| Full model | 31/12/2015 | 31/08/2016 | 23/11/2016 | Dutch | |
| Full model | 31/12/2014 | 18/05/2015 | 12/08/2015 | French | |
| Full model | 31/12/2013 | 19/05/2014 | 11/06/2014 | French | |
| Full model | 31/12/2012 | 20/05/2013 | 12/06/2013 | French | |
| Full model | 31/12/2011 | 21/05/2012 | 22/06/2012 | French | |
| Full model | 31/12/2010 | 16/05/2011 | 11/07/2011 | French | |
| Full model | 31/12/2009 | 17/05/2010 | 20/05/2010 | French | |
| Full model | 31/12/2008 | 18/05/2009 | 29/06/2009 | French | |
| Full model | 31/12/2007 | 19/05/2008 | 12/06/2008 | French | |
| Full model | 31/12/2006 | 21/05/2007 | 14/06/2007 | French |
Valuation
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.
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 31/12/2025 · 2 active · 24 ended
Active mandates
Alain Huys
ActiveGregory HISCOCK
ActiveEnded mandates
Alain HUYS
EndedGregory HISCOCK
EndedRichard E. Hodgetts
EndedRichard E. HODGETTS
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other25/02/2026STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates09/09/2025ONTSLAGEN - BENOEMINGEN
- Registered office04/03/2025MAATSCHAPPELIJKE ZETEL
- Mandates26/11/2024ONTSLAGEN - BENOEMINGEN
- Mandates03/07/2024ONTSLAGEN - BENOEMINGEN
- Mandates01/08/2022ONTSLAGEN - BENOEMINGEN
- Restructuring14/07/2021RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates01/07/2021ONTSLAGEN - BENOEMINGEN
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 2025437 k €↑
- 2024Annual accounts 2024128,9 k €↓
- 2023Annual accounts 2023150,5 k €↓
- 2022Annual accounts 2022201,3 k €↑
- 2021Annual accounts 2021120,2 k €↑
- 2020Annual accounts 202098,9 k €↓
- 2019Annual accounts 2019126,1 k €↓
- 2018Annual accounts 2018208,2 k €↓
- 2017Annual accounts 20171,2 M €↑
- 2016Annual accounts 2016271,9 k €↑
- 2015Annual accounts 2015129,4 k €↑
- 2014Annual accounts 2014-1,3 M €↓
- 2013Annual accounts 2013209,3 k €↓
- 2012Annual accounts 2012274,2 k €↓
- 2011Annual accounts 2011299,8 k €↓
- 2010Annual accounts 2010903,9 k €↓
- 2009Annual accounts 2009989 k €↑
- 2008Annual accounts 2008317,6 k €↑
- 2006Annual accounts 2006-43 k €
- 12/08/2003IncorporationPublic limited company