M-FIN
0866.373.019 · rovalta.com · 23/09/2026
NORMAL SITUATION
M-FIN
Financial year 2023 · closed on 30/09/2023
Net result
729,2 k €
+303.9% YoY
Gross margin
1,2 M €
+132.1% YoY
Equity
801,6 k €
+1007.5% YoY
Company — Normal situation.
Overview
What does M-FIN do?
M-FIN is a company registered in Belgium.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0866.373.019
Legal form
Private limited company
Contributed capital
20 000,00 €
Latest accounts
30/09/2023
Joint committees (3)
- 200
- 218
- 341
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 18 financial years
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 1,2 M € | +132% | 507,4 k € | -16.8% | 609,9 k € | -6.1% | 649,3 k € | +12.9% | 575,3 k € | +44.1% | 399,2 k € | +51.7% | 263,2 k € | +79.2% | 146,9 k € | +25.5% | 117 k € | -19.0% | 144,5 k € | +1.4% | 142,5 k € | -1.2% | 144,3 k € | -8.1% | 157 k € | -16.0% | 186,9 k € | -9.8% | 207,1 k € | -4.8% | 217,5 k € | -4.3% | 227,3 k € | +14.4% | 198,7 k € |
| EBITDA | 993 k € | +309% | 243,1 k € | -23.8% | 319 k € | -18.9% | 393,3 k € | +28.9% | 305,1 k € | +55.6% | 196,1 k € | +58.5% | 123,7 k € | +344% | 27,8 k € | +31.3% | 21,2 k € | -16.8% | 25,5 k € | -41.2% | 43,4 k € | +27.5% | 34 k € | -46.6% | 63,7 k € | -26.7% | 86,9 k € | +23.4% | 70,5 k € | -26.4% | 95,8 k € | +0.0% | 95,8 k € | -14.6% | 112,2 k € |
| Operating result | 993 k € | +419% | 191,2 k € | -28.4% | 267,2 k € | -21.9% | 341,9 k € | +34.9% | 253,4 k € | +74.5% | 145,3 k € | +41.0% | 103 k € | +1329% | 7,2 k € | -65.1% | 20,7 k € | +75.8% | 11,8 k € | -53.5% | 25,3 k € | +58.6% | 15,9 k € | -62.6% | 42,6 k € | -35.3% | 65,8 k € | +31.6% | 50 k € | -33.6% | 75,3 k € | +0.0% | 75,3 k € | -20.5% | 94,7 k € |
| Net result | 729,2 k € | +304% | 180,5 k € | -29.0% | 254,3 k € | -23.8% | 333,6 k € | +36.3% | 244,8 k € | +75.1% | 139,8 k € | +42.0% | 98,5 k € | +1832% | 5,1 k € | -68.5% | 16,2 k € | +73.2% | 9,3 k € | -59.1% | 22,8 k € | +63.6% | 13,9 k € | -64.7% | 39,5 k € | -34.3% | 60,2 k € | +45.6% | 41,3 k € | -40.7% | 69,7 k € | +0.2% | 69,5 k € | -24.0% | 91,5 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 801,6 k € | +1008% | 72,4 k € | +0.8% | 71,8 k € | +24.9% | 57,5 k € | +47.8% | 38,9 k € | +14.0% | 34,2 k € | +16.3% | 29,4 k € | +9.2% | 26,9 k € | +0.4% | 26,8 k € | +0.6% | 26,6 k € | +1.3% | 26,3 k € | +0.1% | 26,3 k € | +0.2% | 26,2 k € | +2.1% | 25,7 k € | +0.6% | 25,5 k € | +1.3% | 25,2 k € | +7.2% | 23,5 k € | +7.0% | 22 k € |
| Total assets | 851,6 k € | +170% | 314,9 k € | -9.2% | 346,6 k € | -15.0% | 407,6 k € | -8.6% | 445,8 k € | -12.7% | 510,7 k € | +142% | 211,4 k € | -6.9% | 227 k € | +256% | 63,7 k € | +22.4% | 52,1 k € | -28.5% | 72,8 k € | +2.0% | 71,4 k € | -27.9% | 99,1 k € | -22.9% | 128,6 k € | +7.2% | 119,9 k € | -23.8% | 157,2 k € | -11.6% | 177,9 k € | +5.7% | 168,3 k € |
| Cash | 851,6 k € | +1179% | 66,6 k € | -16.0% | 79,2 k € | -10.3% | 88,3 k € | +74.4% | 50,7 k € | -14.2% | 59 k € | +95.3% | 30,2 k € | +8.8% | 27,8 k € | -23.8% | 36,5 k € | +43.0% | 25,5 k € | -34.2% | 38,7 k € | +102% | 19,2 k € | -9.6% | 21,2 k € | -14.3% | 24,8 k € | +58.9% | 15,6 k € | -48.5% | 30,2 k € | -7.7% | 32,8 k € | -1.6% | 33,3 k € |
| Debts | 50 k € | -79.4% | 242,5 k € | -11.7% | 274,8 k € | -21.5% | 350 k € | -13.9% | 406,4 k € | -14.6% | 475,6 k € | +161% | 182,1 k € | -8.6% | 199,3 k € | +439% | 36,9 k € | +45.2% | 25,4 k € | -45.1% | 46,3 k € | +3.2% | 44,9 k € | -38.2% | 72,6 k € | -29.2% | 102,5 k € | +8.6% | 94,3 k € | -27.3% | 129,8 k € | -14.6% | 151,9 k € | +5.2% | 144,4 k € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | 2,3 ETP | +15.0% | 2,0 ETP | +11.1% | 1,8 ETP | 0.0% | 1,8 ETP | -10.0% | 2,0 ETP | 0.0% | 2,0 ETP | +5.3% | 1,9 ETP | -32.1% | 2,8 ETP | 0.0% | 2,8 ETP | -9.7% | 3,1 ETP | +40.9% | 2,2 ETP | |||||||
Governance
Board of directors
Seen on filing of 30/09/2023 · 2 active · 9 ended
Active mandates
ANDY VANDEVYVER
ActiveTIMOTY DARRAS
ActiveEnded mandates
Financials
Annual accounts
Full financial information
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 | 01/10/2018 | 01/10/2017 |
| Closing of the financial year | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 | 30/09/2019 | 30/09/2018 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 21/05/2024 | 23/05/2023 | 28/05/2022 | 28/05/2021 | 26/05/2020 | 29/05/2019 |
| General meeting | 01/03/2024 | 03/03/2023 | 04/03/2022 | 05/03/2021 | 06/03/2020 | 01/03/2019 |
| 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
18 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/09/2023 | 01/03/2024 | 21/05/2024 | Dutch | |
| Micro model | 30/09/2022 | 03/03/2023 | 23/05/2023 | Dutch | |
| Micro model | 30/09/2021 | 04/03/2022 | 28/05/2022 | Dutch | |
| Micro model | 30/09/2020 | 05/03/2021 | 28/05/2021 | Dutch | |
| Micro model | 30/09/2019 | 06/03/2020 | 26/05/2020 | Dutch | |
| Micro model | 30/09/2018 | 01/03/2019 | 29/05/2019 | Dutch | |
| Micro model | 30/09/2017 | 02/03/2018 | 31/05/2018 | Dutch | |
| Abridged model | 30/09/2016 | 03/03/2017 | 30/05/2017 | Dutch | |
| Abridged model | 30/09/2015 | 04/03/2016 | 28/05/2016 | Dutch | |
| Abridged model | 30/09/2014 | 06/03/2015 | 27/05/2015 | Dutch | |
| Abridged model | 30/09/2013 | 07/03/2014 | 26/05/2014 | Dutch | |
| Abridged model | 30/09/2012 | 01/03/2013 | 24/05/2013 | Dutch | |
| Abridged model | 30/09/2011 | 02/03/2012 | 30/05/2012 | Dutch | |
| Abridged model | 30/09/2010 | 04/03/2011 | 18/05/2011 | Dutch | |
| Abridged model | 30/09/2009 | 05/03/2010 | 30/06/2010 | Dutch | |
| Abridged model | 30/09/2008 | 06/03/2009 | 30/05/2009 | Dutch | |
| Abridged model | 30/09/2007 | 07/03/2008 | 28/05/2008 | Dutch | |
| Abridged model | 30/09/2006 | 02/03/2007 | 31/05/2007 | Dutch |
Valuation
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.
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 30/09/2023 · 2 active · 9 ended
Active mandates
ANDY VANDEVYVER
ActiveTIMOTY DARRAS
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
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
- 2023Annual accounts 2023729,2 k €↑
- 2022Annual accounts 2022180,5 k €↓
- 2021Annual accounts 2021254,3 k €↓
- 2020Annual accounts 2020333,6 k €↑
- 2019Annual accounts 2019244,8 k €↑
- 2018Annual accounts 2018139,8 k €↑
- 2017Annual accounts 201798,5 k €↑
- 2016Annual accounts 20165,1 k €↓
- 2015Annual accounts 201516,2 k €↑
- 2014Annual accounts 20149,3 k €↓
- 2013Annual accounts 201322,8 k €↑
- 2012Annual accounts 201213,9 k €↓
- 2011Annual accounts 201139,5 k €↓
- 2010Annual accounts 201060,2 k €↑
- 2009Annual accounts 200941,3 k €↓
- 2008Annual accounts 200869,7 k €↑
- 2007Annual accounts 200769,5 k €↓
- 2006Annual accounts 200691,5 k €