ACTIVE

MVP²

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Financial year 2025 · closed on 30/06/2025

Net result

48,4 k €

-44.9% YoY

Gross margin

159,5 k €

-17.1% YoY

Equity

380,9 k €

-1.4% YoY

What does MVP² do?

MVP² is a Private limited company incorporated in 2004. Its main activity is: Public relations and communication activities. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0870.342.891

Incorporation

02/12/2004

Legal form

Private limited company

Registered office

Avenue Louise 428-430 box 4
1050 Ixelles · BruxellesSee on map

Contributed capital

7 000,00 €

Latest accounts

30/06/2025

Activities (NACE)

70210Public relations and communication activities· main 73300Advertising and market research 74141Specialised design activities

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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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		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	159,5 k €	-17.1%	192,4 k €	-34.9%	295,3 k €	+51.0%	195,6 k €	+188%	67,8 k €	-0.0%	67,8 k €	-45.5%	124,6 k €	+44.8%	86 k €	+3.3%	83,3 k €	-5.0%	87,6 k €	-38.0%	141,2 k €	+40.1%	100,8 k €	+308%	24,7 k €	+56.6%	15,8 k €	-61.6%	41,1 k €	+2.9%	39,9 k €	-84.6%	259,8 k €	+39.2%	186,6 k €	+72.8%	108 k €
EBITDA	150,5 k €	-20.4%	188,9 k €	-34.9%	290,4 k €	+51.6%	191,6 k €	+203%	63,2 k €	-2.7%	65 k €	-47.3%	123,3 k €	+48.6%	83 k €	+2.2%	81,1 k €	-5.1%	85,5 k €	-38.7%	139,5 k €	+43.1%	97,5 k €	+327%	22,8 k €	+64.5%	13,9 k €	-64.9%	39,6 k €	+11.2%	35,6 k €	-86.2%	257,7 k €	+39.3%	185 k €	+82.8%	101,2 k €
Operating result	85 k €	-38.4%	137,9 k €	-43.2%	242,6 k €	+83.7%	132 k €	+4282%	3 k €	-70.9%	10,3 k €	-83.4%	62,3 k €	+174%	22,7 k €	+17.7%	19,3 k €	-33.1%	28,8 k €	-68.5%	91,4 k €	+227%	28 k €	+202%	-27,4 k €	+16.0%	-32,6 k €	-393%	11,1 k €	+162%	4,2 k €	-98.2%	238 k €	+46.0%	163 k €	+81.4%	89,9 k €
Net result	48,4 k €	-44.9%	87,8 k €	-43.5%	155,4 k €	+62.9%	95,4 k €	+923%	-11,6 k €	-661%	-1,5 k €	-104%	35,3 k €	+453%	6,4 k €	+160%	2,5 k €	-79.7%	12,1 k €	-81.8%	66,6 k €	+309%	16,3 k €	+155%	-29,5 k €	-38.5%	-21,3 k €	-254%	13,8 k €	-32.6%	20,5 k €	-84.2%	130,2 k €	+18.2%	110,1 k €	+78.6%	61,7 k €
Balance sheet
Equity	380,9 k €	-1.4%	386,2 k €	-6.7%	414 k €	-2.9%	426,2 k €	+22.7%	347,4 k €	-3.7%	360,6 k €	-22.2%	463,7 k €	+4.9%	442 k €	+1.3%	436,3 k €	+0.6%	433,8 k €	+2.9%	421,7 k €	+18.8%	355 k €	-3.7%	368,8 k €	-7.4%	398,3 k €	-5.1%	419,6 k €	+3.4%	405,8 k €	+5.3%	385,2 k €	+51.0%	255,1 k €	+76.0%	145 k €
Total assets	785,7 k €	+0.1%	784,8 k €	-5.9%	833,6 k €	+6.6%	781,7 k €	+4.6%	747 k €	-5.3%	788,6 k €	-9.1%	867,2 k €	-5.2%	914,8 k €	-0.5%	919,3 k €	-8.3%	1 M €	+22.8%	816,4 k €	+3.5%	788,9 k €	+21.3%	650,5 k €	+60.7%	404,9 k €	-7.2%	436,2 k €	-5.0%	459,2 k €	-0.6%	461,8 k €	+34.6%	343,1 k €	+58.1%	217 k €
Cash	120,7 k €	-35.8%	187,9 k €	-0.0%	187,9 k €	+6.0%	177,3 k €	+292%	45,2 k €	-42.4%	78,4 k €	-41.0%	132,9 k €	+105%	64,7 k €	+113%	30,4 k €	-76.1%	127,3 k €	+145%	51,9 k €	+326%	12,2 k €	+448%	2,2 k €	-97.2%	79 k €	+27.0%	62,2 k €	+23.0%	50,5 k €	-79.9%	251,3 k €	+249%	71,9 k €	+1.4%	70,9 k €
Debts	380,3 k €	+0.4%	378,7 k €	-4.1%	394,7 k €	+15.8%	340,8 k €	-11.1%	383,3 k €	-8.2%	417,7 k €	+7.1%	390,1 k €	-14.3%	455,2 k €	-2.6%	467,2 k €	-13.9%	542,7 k €	+44.2%	376,3 k €	-8.0%	409,1 k €	+50.9%	271,1 k €	+4253%	6,2 k €	-61.5%	16,2 k €	-69.2%	52,5 k €	-31.4%	76,6 k €	-12.7%	87,7 k €	+22.4%	71,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 2 ended

Active mandates

Catherine Thieltgen

Director · since 01 juillet 2010

Active

Marcellus Van Pul

Director

Active

Ended mandates

Catherine Thieltgen

Manager · since 01 juillet 2010

Ended

Marcellus Van Pul

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ANATEVKA● Active	0842.722.538
EMDigits● Active	0723.603.271

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/02/2026	10/03/2025	26/02/2024	06/02/2023	07/03/2022	26/02/2021
General meeting	13/02/2026	09/03/2025	19/02/2024	30/12/2022	30/11/2021	24/11/2020
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
Micro model	30/06/2025	13/02/2026	17/02/2026	French	PDF
Micro model	30/06/2024	09/03/2025	10/03/2025	French	PDF
Micro model	30/06/2023	19/02/2024	26/02/2024	French	PDF
Micro model	30/06/2022	30/12/2022	06/02/2023	French	PDF
Micro model	30/06/2021	30/11/2021	07/03/2022	French	PDF
Abridged model	30/06/2020	24/11/2020	26/02/2021	Dutch	PDF
Abridged model	30/06/2019	26/11/2019	14/01/2020	Dutch	PDF
Micro model	30/06/2018	27/11/2018	14/01/2019	Dutch	PDF
Micro model	30/06/2017	28/11/2017	15/01/2018	Dutch	PDF
Abridged model	30/06/2016	29/11/2016	12/01/2017	Dutch	PDF
Abridged model	30/06/2015	24/11/2015	11/01/2016	Dutch	PDF
Abridged model	30/06/2014	25/11/2014	28/01/2015	Dutch	PDF
Abridged model	31/12/2012	14/10/2013	16/10/2013	Dutch	PDF
Abridged model	31/12/2011	29/05/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/05/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	25/05/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	26/05/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	27/05/2008	10/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	21/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 30/06/2025 · 2 active · 2 ended

Active mandates

Catherine Thieltgen

Director · since 01 juillet 2010

Active

Marcellus Van Pul

Director

Active

Ended mandates

Catherine Thieltgen

Manager · since 01 juillet 2010

Ended

Marcellus Van Pul

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other01/04/2026
ALGEMENE VERGADERING - BOEKJAAR
PDF
Capital / shares24/08/2020
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office07/09/2018
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares19/02/2014
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates21/09/2010
ONTSLAGEN - BENOEMINGEN
PDF
Other14/12/2004
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 202548,4 k €↓
2024
Annual accounts 202487,8 k €↓
2023
Annual accounts 2023155,4 k €↑
2022
Annual accounts 202295,4 k €↑
2021
Annual accounts 2021-11,6 k €↓
2020
Annual accounts 2020-1,5 k €↓
2019
Annual accounts 201935,3 k €↑
2018
Annual accounts 20186,4 k €↑
2017
Annual accounts 20172,5 k €↓
2016
Annual accounts 201612,1 k €↓
2015
Annual accounts 201566,6 k €↑
2014
Annual accounts 201416,3 k €↑
2012
Annual accounts 2012-29,5 k €↓
2011
Annual accounts 2011-21,3 k €↓
2010
Annual accounts 201013,8 k €↓
2009
Annual accounts 200920,5 k €↓
2008
Annual accounts 2008130,2 k €↑
2007
Annual accounts 2007110,1 k €↑
2006
Annual accounts 200661,7 k €
02/12/2004
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

MVP²

Overview

What does MVP² do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

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