ACTIVE

MORTIERBRIGADE

Financial year 2025 · closed on 31/12/2025
Net result
402,1 k €
-47.0% YoY
Revenue
13,7 M €
-18.0% YoY
Equity
446,3 k €
0.0% YoY
Workforce
21,3 ETP
-13.8% YoY

What does MORTIERBRIGADE do?

MORTIERBRIGADE is a Public limited company incorporated in 2004. Its registered office is in Schaerbeek. It employs on average 21,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0870.026.157
Incorporation
17/11/2004
Legal form
Public limited company
Registered office
Rue Waelhem 77
1030 Schaerbeek · BruxellesSee on map
Contributed capital
150 000,00 €
Latest accounts
31/12/2025
Average workforce
21,3 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue13,7 M €16,7 M €12,6 M €12,1 M €15 M €11,8 M €10,8 M €10,7 M €7,2 M €7,9 M €8,9 M €
EBITDA624,7 k €1,1 M €1,2 M €790,7 k €1,9 M €1,6 M €879 k €908,4 k €1,2 M €737,5 k €633 k €686,2 k €1,3 M €940,2 k €878,3 k €721,9 k €538,9 k €636,4 k €493,3 k €626,4 k €
Operating result566,9 k €1,1 M €1,1 M €651,9 k €1,7 M €1,4 M €677,5 k €754 k €1,1 M €617,9 k €491,4 k €507 k €1,1 M €807,9 k €805,2 k €674,6 k €490,2 k €587,1 k €433,3 k €577 k €
Net result402,1 k €758,4 k €820,2 k €477,4 k €1,3 M €1,1 M €572,7 k €586,9 k €677,5 k €370,2 k €282,6 k €302,6 k €701,4 k €520,6 k €516,5 k €419,2 k €309,7 k €374,1 k €281,2 k €376 k €
Balance sheet
Equity446,3 k €446,3 k €446,3 k €446,3 k €446,3 k €436 k €436 k €433,3 k €431,4 k €430,9 k €410,7 k €828,1 k €825,5 k €724,2 k €703,5 k €587,1 k €567,9 k €558,2 k €584,2 k €502,9 k €
Total assets5,4 M €7,3 M €8,1 M €4,8 M €6,8 M €6,9 M €4,9 M €5,3 M €5,5 M €3,6 M €3,8 M €3,6 M €4,9 M €4 M €3,4 M €3,9 M €2,3 M €1,9 M €2,2 M €2 M €
Cash1,8 M €2,4 M €2 M €1,6 M €1,3 M €1 M €660,6 k €414,4 k €1 M €287,4 k €359,9 k €516 k €767,2 k €816,4 k €371,9 k €564,8 k €514,3 k €267,4 k €337,2 k €228,8 k €
Debts5 M €6,8 M €7,6 M €4,1 M €5,7 M €5,9 M €4 M €4,1 M €4,4 M €2,6 M €3,1 M €2,7 M €4,1 M €3,3 M €2,7 M €3,3 M €1,7 M €1,3 M €1,6 M €1,5 M €
Other
Workforce21,3 ETP24,7 ETP24,5 ETP33,6 ETP36,8 ETP31,8 ETP28,1 ETP27,6 ETP25,9 ETP19,0 ETP19,1 ETP27,3 ETP27,0 ETP17,6 ETP13,2 ETP11,5 ETP12,5 ETP13,8 ETP14,0 ETP7,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 21 ended

Active mandates

BATALJON

Director · since 19 mai 2022 · until 18 mai 2028 · 0549.886.763

Represented by Evert Vermeire

Active
Brand Division

Director · since 19 mai 2022 · until 25 mars 2026 · 0668.747.296

Represented by Vincent D'Halluin

Active
Jan Berends

Director · since 19 mai 2022 · until 18 mai 2028

Active
Jens Mortier

Director · since 19 mai 2022 · until 18 mai 2028

Active
Philippe De Ceuster

Director · since 19 mai 2022 · until 18 mai 2028

Active
62MILES

Managing director · since 31 janvier 2021 · 0728.607.778

Represented by Geert Bogaert

Active

Ended mandates

Brand Division

Director · since 19 mai 2022 · until 18 mai 2028 · 0668.747.296

Represented by Vincent D'Halluin

Ended
62MILES

Managing director · since 31 janvier 2021 · until 21 mai 2026 · 0728.607.778

Represented by Geert Bogaert

Ended
62MILES

Managing director · since 31 janvier 2021 · 0728.607.778

Represented by Geert Bogaert

Ended
Brand Division

Director · since 18 mai 2017 · until 18 mai 2023 · 0668.747.296

Represented by Vincent D'Halluin

Ended
At this address

Other companies at this address

CompanyCBE no.
FINABRAActive
0402.074.896
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/06/202601/07/202511/07/202405/07/202327/06/202214/06/2021
General meeting29/06/202630/06/202501/07/202409/06/202317/06/202220/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/06/202630/06/2026DutchPDF
Full model31/12/202430/06/202501/07/2025DutchPDF
Full model31/12/202301/07/202411/07/2024DutchPDF
Full model31/12/202209/06/202305/07/2023DutchPDF
Full model31/12/202117/06/202227/06/2022DutchPDF
Full model31/12/202020/05/202114/06/2021DutchPDF
Full model31/12/201922/05/202008/06/2020DutchPDF
Full model31/12/201816/05/201913/06/2019DutchPDF
Abridged model31/12/201717/05/201812/06/2018DutchPDF
Abridged model31/12/201618/05/201719/07/2017DutchPDF
Full model31/12/201501/04/201608/08/2016DutchPDF
Full model31/12/201401/04/201520/08/2015DutchPDF
Full model31/12/201301/04/201414/07/2014DutchPDF
Abridged model31/12/201202/04/201316/07/2013DutchPDF
Abridged model31/12/201102/04/201220/07/2012DutchPDF
Abridged model31/12/201001/04/201101/07/2011DutchPDF
Abridged model31/12/200901/04/201001/07/2010DutchPDF
Abridged modelCorrection31/12/200801/04/200919/08/2009DutchPDF
Abridged model31/12/200801/04/200908/07/2009DutchPDF
Abridged model31/12/200701/04/200808/07/2008DutchPDF
Abridged model31/12/200602/04/200712/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2025 · 6 active · 21 ended

Active mandates

BATALJON

Director · since 19 mai 2022 · until 18 mai 2028 · 0549.886.763

Represented by Evert Vermeire

Active
Brand Division

Director · since 19 mai 2022 · until 25 mars 2026 · 0668.747.296

Represented by Vincent D'Halluin

Active
Jan Berends

Director · since 19 mai 2022 · until 18 mai 2028

Active
Jens Mortier

Director · since 19 mai 2022 · until 18 mai 2028

Active
Philippe De Ceuster

Director · since 19 mai 2022 · until 18 mai 2028

Active
62MILES

Managing director · since 31 janvier 2021 · 0728.607.778

Represented by Geert Bogaert

Active

Ended mandates

Brand Division

Director · since 19 mai 2022 · until 18 mai 2028 · 0668.747.296

Represented by Vincent D'Halluin

Ended
62MILES

Managing director · since 31 janvier 2021 · until 21 mai 2026 · 0728.607.778

Represented by Geert Bogaert

Ended
62MILES

Managing director · since 31 janvier 2021 · 0728.607.778

Represented by Geert Bogaert

Ended
Brand Division

Director · since 18 mai 2017 · until 18 mai 2023 · 0668.747.296

Represented by Vincent D'Halluin

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring05/08/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring31/05/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates31/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/03/2021
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 2025402,1 k €
  2. 2024
    Annual accounts 2024758,4 k €
  3. 2023
    Annual accounts 2023820,2 k €
  4. 2022
    Annual accounts 2022477,4 k €
  5. 2021
    Annual accounts 20211,3 M €
  6. 2020
    Annual accounts 20201,1 M €
  7. 2019
    Annual accounts 2019572,7 k €
  8. 2018
    Annual accounts 2018586,9 k €
  9. 2017
    Annual accounts 2017677,5 k €
  10. 2016
    Annual accounts 2016370,2 k €
  11. 2015
    Annual accounts 2015282,6 k €
  12. 2014
    Annual accounts 2014302,6 k €
  13. 2013
    Annual accounts 2013701,4 k €
  14. 2012
    Annual accounts 2012520,6 k €
  15. 2011
    Annual accounts 2011516,5 k €
  16. 2010
    Annual accounts 2010419,2 k €
  17. 2009
    Annual accounts 2009309,7 k €
  18. 2008
    Annual accounts 2008374,1 k €
  19. 2007
    Annual accounts 2007281,2 k €
  20. 2006
    Annual accounts 2006376 k €
  21. 17/11/2004
    IncorporationPublic limited company