ACTIVE

M-SPHERE

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-786 €

-135.3% YoY

Gross margin

4,8 k €

-44.1% YoY

Equity

152,8 k €

-3.6% YoY

What does M-SPHERE do?

M-SPHERE is a Private limited company incorporated in 2004. Its main activity is: Computer consultancy activities. Its registered office is in Beersel.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0870.397.529

Incorporation

06/12/2004

Legal form

Private limited company

Registered office

Epelaar 7
1653 Beersel · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 72100Research and experimental development on natural sciences and engineering 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy 74203Photographic activities+3

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	4,8 k €	-44.1%	8,6 k €	+623%	-1,6 k €	-124%	6,9 k €	-64.0%	19,1 k €	-36.1%	29,8 k €	-23.4%	38,9 k €	+16.2%	33,5 k €	-53.4%	71,9 k €	+124%	32,1 k €	+78.9%	17,9 k €	-10.4%	20 k €	-29.3%	28,3 k €	-13.4%	32,7 k €	+38.1%	23,7 k €	+9.2%	21,7 k €	+38.2%	15,7 k €	+615%	2,2 k €	+1009%	198 €
EBITDA	3,9 k €	-46.6%	7,4 k €	+407%	-2,4 k €	-139%	6,1 k €	-64.3%	17,2 k €	-39.8%	28,5 k €	-24.9%	37,9 k €	+18.0%	32,2 k €	-54.2%	70,1 k €	+123%	31,5 k €	+83.5%	17,2 k €	-5.2%	18,1 k €	-30.8%	26,2 k €	-18.1%	32 k €	+40.0%	22,8 k €	+9.0%	20,9 k €	+39.9%	15 k €	+920%	1,5 k €	+697%	-246 €
Operating result	-394 €	-112%	3,2 k €	+149%	-6,5 k €	-461%	1,8 k €	-85.7%	12,7 k €	-41.5%	21,7 k €	-30.3%	31,1 k €	+22.9%	25,3 k €	-61.7%	66,1 k €	+139%	27,7 k €	+132%	11,9 k €	-5.9%	12,7 k €	-38.2%	20,5 k €	-24.0%	27 k €	+36.5%	19,8 k €	-0.6%	19,9 k €	+40.5%	14,1 k €	+855%	-1,9 k €	+47.1%	-3,5 k €
Net result	-786 €	-135%	2,2 k €	+157%	-3,9 k €	-130233%	-3 €	-100%	8,4 k €	-33.5%	12,7 k €	-35.6%	19,7 k €	+25.8%	15,7 k €	-61.9%	41,2 k €	+163%	15,7 k €	+181%	5,6 k €	+76.0%	3,2 k €	-71.1%	11 k €	-26.9%	15 k €	+10.6%	13,6 k €	-1.8%	13,8 k €	+39.5%	9,9 k €	+609%	-1,9 k €	+46.6%	-3,6 k €
Balance sheet
Equity	152,8 k €	-3.6%	158,6 k €	-1.7%	161,3 k €	-2.4%	165,2 k €	-1.8%	168,2 k €	+2.1%	164,8 k €	+4.9%	157,1 k €	+10.3%	142,3 k €	+8.1%	131,7 k €	+37.9%	95,5 k €	+15.1%	82,9 k €	+7.2%	77,4 k €	+4.3%	74,2 k €	+17.4%	63,2 k €	+31.2%	48,1 k €	+39.4%	34,5 k €	+66.9%	20,7 k €	+92.2%	10,8 k €	-15.3%	12,7 k €
Total assets	162,1 k €	-4.2%	169,1 k €	+0.0%	169,1 k €	-1.4%	171,6 k €	-6.1%	182,7 k €	+1.2%	180,6 k €	-1.1%	182,7 k €	+3.8%	176 k €	-6.6%	188,5 k €	+25.2%	150,5 k €	+7.8%	139,6 k €	-3.9%	145,3 k €	-0.2%	145,7 k €	-7.4%	157,3 k €	+62.8%	96,6 k €	+119%	44,2 k €	+67.3%	26,4 k €	+103%	13 k €	-8.4%	14,2 k €
Cash	61,5 k €	-4.5%	64,4 k €	+3.9%	62 k €	-3.0%	63,9 k €	+1.8%	62,8 k €	+5.8%	59,4 k €	+6.5%	55,7 k €	+29.8%	42,9 k €	-27.1%	58,9 k €	+266%	16,1 k €	+131%	7 k €	+290%	1,8 k €	+62.8%	1,1 k €	-77.8%	4,9 k €	-50.4%	10 k €	-61.6%	26 k €	+188%	9 k €	+487%	1,5 k €	-19.5%	1,9 k €
Debts	9,3 k €	-11.8%	10,6 k €	+36.5%	7,7 k €	+22.6%	6,3 k €	-56.3%	14,5 k €	-8.5%	15,8 k €	-38.3%	25,6 k €	-23.9%	33,7 k €	-40.8%	56,8 k €	+3.2%	55,1 k €	-2.9%	56,7 k €	-16.6%	68 k €	-4.9%	71,5 k €	-24.0%	94,1 k €	+94.1%	48,5 k €	+401%	9,7 k €	+68.8%	5,7 k €	+154%	2,3 k €	+49.9%	1,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

Olaf Marckx

Manager

Active

Annual accounts

Full financial information

	2025	2024	2023	2022	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2020	01/01/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/08/2026	11/08/2025	15/08/2024	29/08/2023	23/08/2021	28/08/2020
General meeting	30/06/2026	27/06/2025	27/06/2024	29/06/2023	29/06/2021	30/06/2020
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
Abridged model	31/12/2025	30/06/2026	16/08/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	11/08/2025	Dutch	PDF
Abridged model	31/12/2023	27/06/2024	15/08/2024	Dutch	PDF
Abridged model	31/12/2022	29/06/2023	29/08/2023	Dutch	PDF
Abridged model	31/12/2020	29/06/2021	23/08/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	28/08/2020	Dutch	PDF
Abridged model	31/12/2018	27/06/2019	27/08/2019	Dutch	PDF
Abridged model	31/12/2017	26/06/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	27/06/2017	25/08/2017	Dutch	PDF
Abridged model	31/12/2015	28/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	29/08/2015	Dutch	PDF
Abridged model	31/12/2013	26/06/2014	24/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	28/08/2013	Dutch	PDF
Abridged model	31/12/2011	24/06/2012	23/08/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	25/08/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	11/09/2010	Dutch	PDF
Abridged model	31/12/2008	25/06/2009	29/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	06/08/2008	Dutch	PDF
Abridged model	31/12/2006	27/06/2007	22/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 1 active

Active mandates

Olaf Marckx

Manager

Active

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

2025
Annual accounts 2025-786 €↓
2024
Annual accounts 20242,2 k €↑
2023
Annual accounts 2023-3,9 k €↓
2022
Annual accounts 2022-3 €↓
2020
Annual accounts 20208,4 k €↓
2019
Annual accounts 201912,7 k €↓
2018
Annual accounts 201819,7 k €↑
2017
Annual accounts 201715,7 k €↓
2016
Annual accounts 201641,2 k €↑
2015
Annual accounts 201515,7 k €↑
2014
Annual accounts 20145,6 k €↑
2013
Annual accounts 20133,2 k €↓
2012
Annual accounts 201211 k €↓
2011
Annual accounts 201115 k €↑
2010
Annual accounts 201013,6 k €↓
2009
Annual accounts 200913,8 k €↑
2008
Annual accounts 20089,9 k €↑
2007
Annual accounts 2007-1,9 k €↑
2006
Annual accounts 2006-3,6 k €
06/12/2004
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

M-SPHERE

Overview

What does M-SPHERE 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

Similar companies

Similar companies

Timeline