NORMAL SITUATION

M15

Export PDF

Financial year 2024 · closed on 18/09/2024

Net result

-1,7 k €

-140.4% YoY

Gross margin

-250,8 €

-100.3% YoY

Equity

158,7 k €

-1.1% YoY

Company — Normal situation.

What does M15 do?

M15 is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0860.891.925

Legal form

Private limited company

Contributed capital

20 000,00 €

Latest accounts

18/09/2024

Joint committees (3)

Signals

Solid equityHealthy social debts

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 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-250,8 €	-100%	98,7 k €	+1.4%	97,4 k €	+17.9%	82,6 k €	-14.1%	96,1 k €	-9.9%	106,7 k €	+8.6%	98,2 k €	+27.1%	77,3 k €	+2.0%	75,7 k €	+25.0%	60,6 k €	+21.0%	50,1 k €	+12.9%	44,3 k €	-12.5%	50,6 k €	+9.6%	46,2 k €	+344%	10,4 k €	-66.2%	30,8 k €	-44.4%	55,4 k €	+83.6%	30,2 k €	-10.7%	33,8 k €
EBITDA	-25,6 k €	-238%	18,5 k €	-22.3%	23,8 k €	+79.9%	13,3 k €	-55.2%	29,6 k €	-32.1%	43,6 k €	+13.2%	38,5 k €	+68.7%	22,8 k €	-21.3%	29 k €	-1.8%	29,5 k €	+56.4%	18,9 k €	-8.9%	20,7 k €	-25.8%	27,9 k €	+0.1%	27,9 k €	+361%	-10,7 k €	-266%	6,4 k €	-68.3%	20,3 k €	+77.0%	11,4 k €	-39.2%	18,8 k €
Operating result	-25,6 k €	-591%	5,2 k €	-52.3%	10,9 k €	+586%	1,6 k €	-91.1%	17,9 k €	-41.3%	30,5 k €	+12.9%	27 k €	+136%	11,4 k €	-48.6%	22,2 k €	-16.2%	26,5 k €	+70.2%	15,6 k €	-6.4%	16,7 k €	-29.5%	23,6 k €	-1.0%	23,9 k €	+296%	-12,2 k €	-402%	4 k €	-74.8%	16 k €	+133%	6,9 k €	-61.3%	17,8 k €
Net result	-1,7 k €	-140%	4,3 k €	-47.1%	8,1 k €	+1210%	617,3 €	-95.8%	14,6 k €	-26.8%	20 k €	+12.2%	17,8 k €	+132%	7,7 k €	-54.8%	17 k €	-0.3%	17,1 k €	+30.7%	13,1 k €	-14.7%	15,3 k €	-17.0%	18,4 k €	-13.5%	21,3 k €	+299%	-10,7 k €	-385%	3,8 k €	-71.2%	13,1 k €	+178%	4,7 k €	-70.5%	15,9 k €
Balance sheet
Equity	158,7 k €	-1.1%	160,5 k €	+2.7%	156,2 k €	+5.5%	148,1 k €	+0.4%	147,5 k €	-18.9%	181,7 k €	+12.4%	161,7 k €	+12.4%	143,9 k €	+5.6%	136,2 k €	+11.0%	122,7 k €	+16.2%	105,6 k €	+14.1%	92,6 k €	-0.6%	93,1 k €	+24.7%	74,7 k €	+39.9%	53,4 k €	-16.7%	64,1 k €	+6.2%	60,3 k €	+27.6%	47,3 k €	+11.0%	42,6 k €
Total assets	158,7 k €	-23.2%	206,8 k €	+0.8%	205,1 k €	-1.5%	208,2 k €	-10.5%	232,6 k €	+3.0%	225,9 k €	+14.2%	197,8 k €	+7.3%	184,4 k €	+9.2%	168,8 k €	+6.0%	159,2 k €	+6.5%	149,4 k €	+15.0%	129,9 k €	+23.9%	104,8 k €	+2.6%	102,2 k €	+53.2%	66,7 k €	-17.1%	80,4 k €	+16.0%	69,3 k €	+29.2%	53,6 k €	+1.1%	53 k €
Cash	–		45,4 k €	+24.6%	36,5 k €	-49.9%	72,7 k €	+35.1%	53,9 k €	-10.6%	60,2 k €	+41.5%	42,6 k €	-59.7%	105,6 k €	-2.4%	108,1 k €	-2.4%	110,7 k €	+14.4%	96,8 k €	+11.7%	86,6 k €	+36.2%	63,6 k €	+27.5%	49,9 k €	+74.2%	28,6 k €	-4.3%	29,9 k €	-9.5%	33,1 k €	+34.0%	24,7 k €		–
Debts	–		46,2 k €	-5.1%	48,7 k €	-18.9%	60,1 k €	-29.4%	85,1 k €	+94.7%	43,7 k €	+21.7%	35,9 k €	-1.0%	36,3 k €	+27.5%	28,4 k €	-21.9%	36,4 k €	-16.4%	43,6 k €	+16.6%	37,3 k €	+219%	11,7 k €	-53.3%	25,1 k €	+88.5%	13,3 k €	-18.4%	16,3 k €	+101%	8,1 k €	+46.2%	5,6 k €	-42.4%	9,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	+25.0%	0,8 ETP	+14.3%	0,7 ETP	0.0%	0,7 ETP	-30.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Governance

Board of directors

Seen on filing of 18/09/2024 · 1 active · 4 ended

Active mandates

Ignace Van Hijfte

Director · since 02 octobre 2003 · until 18 septembre 2024

Active

Ended mandates

Ignace Van Hijfte

Director

Ended

IGNACE VAN HIJFTE

Manager

Ended

THOMAS FREEMAN

Mandate

Ended

THOMAS FREEMAN

Manager

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	18/09/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	9 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/11/2024	30/07/2024	14/07/2023	16/08/2022	27/08/2021	25/08/2020
General meeting	18/09/2024	30/06/2024	30/06/2023	30/06/2022	01/06/2021	03/06/2020
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 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	18/09/2024	18/09/2024	26/11/2024	Dutch	PDF
Micro model	31/12/2023	30/06/2024	30/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	14/07/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	16/08/2022	Dutch	PDF
Micro model	31/12/2020	01/06/2021	27/08/2021	Dutch	PDF
Micro model	31/12/2019	03/06/2020	25/08/2020	Dutch	PDF
Micro model	31/12/2018	05/06/2019	28/08/2019	Dutch	PDF
Micro model	31/12/2017	06/06/2018	02/07/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	27/07/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	08/06/2016	Dutch	PDF
Abridged model	31/12/2014	03/06/2015	28/07/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	14/08/2014	Dutch	PDF
Abridged model	31/12/2012	05/06/2013	19/08/2013	Dutch	PDF
Abridged model	31/12/2011	06/06/2012	27/08/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	02/06/2010	29/09/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	31/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	31/08/2007	Dutch	PDF

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 18/09/2024 · 1 active · 4 ended

Active mandates

Ignace Van Hijfte

Director · since 02 octobre 2003 · until 18 septembre 2024

Active

Ended mandates

Ignace Van Hijfte

Director

Ended

IGNACE VAN HIJFTE

Manager

Ended

THOMAS FREEMAN

Mandate

Ended

THOMAS FREEMAN

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 2024-1,7 k €↓
2024
Name changeM15 in vereffening
2023
Annual accounts 20234,3 k €↓
2022
Annual accounts 20228,1 k €↑
2021
Annual accounts 2021617,3 €↓
2021
Name changeM15
2020
Annual accounts 202014,6 k €↓
2019
Annual accounts 201920 k €↑
2018
Annual accounts 201817,8 k €↑
2017
Annual accounts 20177,7 k €↓
2016
Annual accounts 201617 k €↓
2015
Annual accounts 201517,1 k €↑
2014
Annual accounts 201413,1 k €↓
2013
Annual accounts 201315,3 k €↓
2012
Annual accounts 201218,4 k €↓
2011
Annual accounts 201121,3 k €↑
2010
Annual accounts 2010-10,7 k €↓
2009
Annual accounts 20093,8 k €↓
2008
Annual accounts 200813,1 k €↑
2007
Annual accounts 20074,7 k €↓
2006
Annual accounts 200615,9 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

M15

Overview

What does M15 do?

Trend over 19 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline