ACTIVE

Meningate

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Financial year 2025 · closed on 31/03/2025

Net result

513,8 k €

+34.3% YoY

Gross margin

875 k €

+21.3% YoY

Equity

1,7 M €

-10.3% YoY

Workforce

4,8 ETP

-11.1% YoY

What does Meningate do?

Meningate is a Private limited company incorporated in 2004. Its main activity is: Holiday and other short-stay accommodation. Its registered office is in Ieper. It employs on average 4,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0863.765.895

Incorporation

02/03/2004

Legal form

Private limited company

Registered office

Hoge Wieltjesgracht 1 GLVA
8900 Ieper · FlandreSee on map

Contributed capital

458 504,07 €

Latest accounts

31/03/2025

Average workforce

4,8 ETP

Activities (NACE)

55201Holiday and other short-stay accommodation· main 55201Holiday and other short-stay accommodation 55204Holiday and other short-stay accommodation 55204Holiday and other short-stay accommodation 55232Holiday and other short-stay accommodation 55203Holiday and other short-stay accommodation+5

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	875 k €	+21.3%	721,5 k €	+76.5%	408,9 k €	+175%	148,7 k €	-29.8%	211,7 k €	-58.7%	512,5 k €	-7.8%	555,9 k €	-7.6%	601,4 k €	+11.2%	541 k €	+11.9%	483,4 k €	-34.0%	732,6 k €	+48.6%	492,9 k €	+8.3%	455,3 k €	+9.5%	415,9 k €	+38.6%	300,1 k €	-31.1%	435,6 k €	-2.4%	446,2 k €	+0.8%	442,6 k €	+54.8%	285,9 k €
EBITDA	668,1 k €	+31.3%	508,8 k €	+147%	206,2 k €	+120%	93,7 k €	-35.5%	145,2 k €	-24.6%	192,7 k €	-22.9%	249,8 k €	-14.6%	292,4 k €	+6.7%	274,2 k €	+7.1%	256 k €	-12.3%	292,1 k €	+8.9%	268,3 k €	-6.6%	287,4 k €	+19.6%	240,2 k €	+78.7%	134,4 k €	-44.8%	243,6 k €	-21.7%	310,9 k €	-9.1%	342 k €	+40.3%	243,8 k €
Operating result	483,9 k €	+44.4%	335,1 k €	+647%	44,9 k €	+171%	-62,8 k €	-447%	-11,5 k €	-136%	31,6 k €	-74.2%	122,8 k €	-27.4%	169,1 k €	+13.6%	148,9 k €	-0.6%	149,9 k €	-18.4%	183,6 k €	-1.8%	187 k €	-9.6%	206,9 k €	+35.5%	152,7 k €	+229%	46,4 k €	-65.3%	133,9 k €	-26.0%	180,9 k €	-13.9%	210,2 k €	+81.7%	115,6 k €
Net result	513,8 k €	+34.3%	382,4 k €	+390%	78,1 k €	+272%	-45,3 k €	-20434%	-220,6 €	-101%	27 k €	-71.5%	94,7 k €	-4.9%	99,6 k €	+22.0%	81,7 k €	-5.7%	86,6 k €	-31.1%	125,7 k €	-19.9%	156,9 k €	+11.2%	141,2 k €	+57.3%	89,8 k €	+68.6%	53,2 k €	+51.1%	35,2 k €	-54.5%	77,4 k €	-27.4%	106,6 k €	+70.7%	62,4 k €
Balance sheet
Equity	1,7 M €	-10.3%	1,9 M €	+23.0%	1,5 M €	+5.3%	1,5 M €	-1.2%	1,5 M €	-1.2%	1,5 M €	+4.5%	1,4 M €	+21.3%	1,2 M €	+9.0%	1,1 M €	+7.9%	1 M €	+9.2%	919,5 k €	+15.4%	796,5 k €	+17.0%	680,5 k €	+25.4%	542,6 k €	+18.9%	456,4 k €	+12.2%	406,8 k €	+47.3%	276,2 k €	+35.5%	203,8 k €	+99.9%	101,9 k €
Total assets	3,4 M €	+12.5%	3 M €	+14.8%	2,6 M €	+3.5%	2,6 M €	+9.9%	2,3 M €	-6.5%	2,5 M €	+22.9%	2 M €	+10.7%	1,8 M €	-4.7%	1,9 M €	+2.5%	1,9 M €	-8.5%	2 M €	+10.5%	1,8 M €	+0.1%	1,8 M €	+0.8%	1,8 M €	-1.3%	1,9 M €	-9.9%	2,1 M €	+1.3%	2 M €	+32.5%	1,5 M €	+2.7%	1,5 M €
Cash	314,4 k €	-13.9%	365 k €	+247%	105,2 k €	-48.8%	205,6 k €	+98.7%	103,5 k €	+18.4%	87,4 k €	-36.6%	137,9 k €	+57.5%	87,6 k €	+159%	33,8 k €	-20.4%	42,5 k €	-47.9%	81,6 k €	+338%	18,6 k €	+9.1%	17,1 k €	-10.4%	19,1 k €	-45.1%	34,7 k €	+884%	3,5 k €	-91.7%	42,4 k €	+32.3%	32,1 k €	-5.4%	33,9 k €
Debts	1,7 M €	+50.5%	1,1 M €	+3.5%	1,1 M €	+1.1%	1,1 M €	+29.6%	841,7 k €	-14.4%	982,7 k €	+68.5%	583,1 k €	-9.4%	643,8 k €	-22.5%	830,8 k €	-3.5%	860,6 k €	-22.9%	1,1 M €	+6.7%	1 M €	-9.7%	1,2 M €	-8.9%	1,3 M €	-8.3%	1,4 M €	-14.4%	1,6 M €	-6.5%	1,7 M €	+33.6%	1,3 M €	-5.0%	1,4 M €
Other
Workforce	4,8 ETP	-11.1%	5,4 ETP	+5.9%	5,1 ETP	-5.6%	5,4 ETP	-18.2%	6,6 ETP	-10.8%	7,4 ETP	-3.9%	7,7 ETP	-7.2%	8,3 ETP	-1.2%	8,4 ETP	+58.5%	5,3 ETP	-13.1%	6,1 ETP	-3.2%	6,3 ETP	+26.0%	5,0 ETP	-19.4%	6,2 ETP	+12.7%	5,5 ETP	+17.0%	4,7 ETP	0.0%	4,7 ETP	+34.3%	3,5 ETP	+133%	1,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 3 active · 6 ended

Active mandates

Lennert Deriemaecker

Director · since 13 mars 2025

Active

Mieke (002-000) Deconinck

Director

Active

Stefaan (001-000) Vanderstraete

Director

Active

Ended mandates

Mieke (002-000) Deconinck

Manager

Ended

Mieke Deconinck

Director

Ended

Mieke Deconinck

Manager

Ended

Stefaan (001-000) Vanderstraete

Manager

Ended

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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/09/2025	30/09/2024	25/09/2023	26/09/2022	22/09/2021	28/09/2020
General meeting	06/09/2025	07/09/2024	02/09/2023	03/09/2022	04/09/2021	05/09/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	06/09/2025	18/09/2025	Dutch	PDF
Abridged model	31/03/2024	07/09/2024	30/09/2024	Dutch	PDF
Abridged model	31/03/2023	02/09/2023	25/09/2023	Dutch	PDF
Abridged model	31/03/2022	03/09/2022	26/09/2022	Dutch	PDF
Abridged model	31/03/2021	04/09/2021	22/09/2021	Dutch	PDF
Abridged model	31/03/2020	05/09/2020	28/09/2020	Dutch	PDF
Abridged model	31/03/2019	07/09/2019	23/09/2019	Dutch	PDF
Abridged model	31/03/2018	01/09/2018	17/09/2018	Dutch	PDF
Abridged model	31/03/2017	02/09/2017	20/09/2017	Dutch	PDF
Abridged model	31/03/2016	03/09/2016	26/09/2016	Dutch	PDF
Abridged model	31/03/2015	05/09/2015	28/09/2015	Dutch	PDF
Abridged model	31/03/2014	06/09/2014	22/09/2014	Dutch	PDF
Abridged model	31/03/2013	07/09/2013	30/09/2013	Dutch	PDF
Abridged model	31/03/2012	01/09/2012	24/09/2012	Dutch	PDF
Abridged model	31/03/2011	03/09/2011	23/09/2011	Dutch	PDF
Abridged model	31/03/2010	04/09/2010	20/09/2010	Dutch	PDF
Abridged model	31/03/2009	04/07/2009	07/07/2009	Dutch	PDF
Abridged model	31/03/2008	06/09/2008	30/09/2008	Dutch	PDF
Abridged model	31/03/2007	01/09/2007	26/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/03/2025 · 3 active · 6 ended

Active mandates

Lennert Deriemaecker

Director · since 13 mars 2025

Active

Mieke (002-000) Deconinck

Director

Active

Stefaan (001-000) Vanderstraete

Director

Active

Ended mandates

Mieke (002-000) Deconinck

Manager

Ended

Mieke Deconinck

Director

Ended

Mieke Deconinck

Manager

Ended

Stefaan (001-000) Vanderstraete

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/01/2014
KAPITAAL - AANDELEN
PDF
Registered office08/03/2010
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
PDF
Other09/03/2004
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

2025
Annual accounts 2025513,8 k €↑
2024
Annual accounts 2024382,4 k €↑
2023
Annual accounts 202378,1 k €↑
2022
Annual accounts 2022-45,3 k €↓
2021
Annual accounts 2021-220,6 €↓
2020
Annual accounts 202027 k €↓
2019
Annual accounts 201994,7 k €↓
2018
Annual accounts 201899,6 k €↑
2017
Annual accounts 201781,7 k €↓
2016
Annual accounts 201686,6 k €↓
2015
Annual accounts 2015125,7 k €↓
2014
Annual accounts 2014156,9 k €↑
2013
Annual accounts 2013141,2 k €↑
2012
Annual accounts 201289,8 k €↑
2011
Annual accounts 201153,2 k €↑
2010
Annual accounts 201035,2 k €↓
2009
Annual accounts 200977,4 k €↓
2008
Annual accounts 2008106,6 k €↑
2007
Annual accounts 200762,4 k €
02/03/2004
IncorporationPrivate limited company

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

Meningate

Overview

What does Meningate do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline