ACTIVE

MEY

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Financial year 2025 · closed on 30/06/2025

Net result

11,5 k €

+103.9% YoY

Gross margin

334,9 k €

+1082.7% YoY

Equity

2,4 M €

+0.5% YoY

Workforce

3,0 ETP

-16.7% YoY

What does MEY do?

MEY is a Private limited company incorporated in 2004. Its main activity is: Development of building projects. Its registered office is in Hasselt. It employs on average 3,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0870.899.256

Incorporation

30/12/2004

Legal form

Private limited company

Registered office

Stokerijstraat 73 box 4.03
3500 Hasselt · FlandreSee on map

Contributed capital

18 550,00 €

Latest accounts

30/06/2025

Average workforce

3,0 ETP

Activities (NACE)

41101Development of building projects· main 43331Floor and wall covering 43331Floor and wall covering 68121Buying and selling of own real estate 70111Activities of head offices 68100Buying and selling of own real estate+2

Joint committees (2)

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	334,9 k €	+1083%	28,3 k €	-94.8%	547,6 k €	-63.8%	1,5 M €	+2401%	-65,8 k €	-128%	235,2 k €	-40.3%	393,7 k €	-29.4%	558 k €	+18.7%	470,2 k €	+2258%	-21,8 k €	-107%	301,2 k €	+0.9%	298,5 k €	-56.5%	686,7 k €	+1128%	55,9 k €	+5.4%	53 k €	-30.8%	76,7 k €	+49.8%	51,2 k €	-88.8%	456,1 k €	+1525%	28,1 k €
EBITDA	77,8 k €	+132%	-239,4 k €	-174%	324,9 k €	-75.4%	1,3 M €	+723%	-212,3 k €	-326%	93,8 k €	-66.7%	281,7 k €	-42.6%	490,6 k €	+9.4%	448,6 k €	+1792%	-26,5 k €	-109%	291,8 k €	+4.5%	279,3 k €	-58.9%	679,9 k €	+1308%	48,3 k €	+13.7%	42,5 k €	-28.6%	59,4 k €	+19.5%	49,7 k €	-89.1%	455,2 k €	+1545%	27,7 k €
Operating result	23,7 k €	+108%	-287,1 k €	-203%	279,8 k €	-78.4%	1,3 M €	+640%	-239,4 k €	-443%	69,9 k €	-73.0%	259,1 k €	-44.6%	468,1 k €	+6.2%	440,8 k €	+1695%	-27,6 k €	-109%	291,8 k €	+11.0%	262,9 k €	-60.4%	663,3 k €	+1650%	37,9 k €	+34.7%	28,2 k €	-45.4%	51,6 k €	+17.4%	43,9 k €	-90.2%	449,4 k €	+1643%	25,8 k €
Net result	11,5 k €	+104%	-292,9 k €	-241%	207,4 k €	-78.7%	972,2 k €	+485%	-252,7 k €	-824%	34,9 k €	-78.9%	165,2 k €	-41.0%	280,1 k €	+0.7%	278,3 k €	+1177%	-25,8 k €	-115%	167,8 k €	+6.9%	157 k €	-62.2%	415,8 k €	+6674%	6,1 k €	+134%	-17,9 k €	-521%	4,3 k €	-50.6%	8,6 k €	-97.0%	282,6 k €	+15707%	1,8 k €
Balance sheet
Equity	2,4 M €	+0.5%	2,4 M €	-10.9%	2,7 M €	+8.3%	2,5 M €	+64.2%	1,5 M €	-14.3%	1,8 M €	+2.0%	1,7 M €	+10.5%	1,6 M €	+21.8%	1,3 M €	+27.6%	1 M €	-2.5%	1 M €	+19.4%	866,4 k €	+22.1%	709,4 k €	+142%	293,7 k €	+2.1%	287,5 k €	-5.9%	305,4 k €	+1.4%	301,2 k €	+2.9%	292,6 k €	+2822%	10 k €
Total assets	4,5 M €	-17.9%	5,5 M €	+18.2%	4,6 M €	-49.8%	9,2 M €	+65.7%	5,6 M €	+101%	2,8 M €	+13.0%	2,5 M €	-3.6%	2,5 M €	-55.3%	5,7 M €	+70.2%	3,3 M €	+113%	1,6 M €	-10.9%	1,8 M €	-49.3%	3,5 M €	-18.0%	4,2 M €	+27.2%	3,3 M €	+26.1%	2,6 M €	-14.7%	3,1 M €	-32.0%	4,6 M €	-12.6%	5,2 M €
Cash	847,5 k €	-19.7%	1,1 M €	+65.6%	637,1 k €	-81.6%	3,5 M €	+386%	711,4 k €	-41.5%	1,2 M €	+15.8%	1,1 M €	+7.5%	976,6 k €	+32.9%	735 k €	+68.2%	436,9 k €	-23.5%	570,8 k €	+164%	215,8 k €	-83.3%	1,3 M €	+75.4%	734,8 k €	+63.7%	448,9 k €	+49.6%	300,1 k €	-37.1%	477,4 k €	-37.3%	761,9 k €	+922%	74,6 k €
Debts	2,1 M €	-32.2%	3,1 M €	+58.4%	1,9 M €	-71.2%	6,8 M €	+66.4%	4,1 M €	+303%	1 M €	+40.1%	718,7 k €	-26.7%	980,8 k €	-77.8%	4,4 M €	+88.8%	2,3 M €	+348%	521,3 k €	-40.3%	873,1 k €	-68.1%	2,7 M €	-30.2%	3,9 M €	+30.1%	3 M €	+31.0%	2,3 M €	-16.8%	2,8 M €	-34.7%	4,2 M €	-18.4%	5,2 M €
Other
Workforce	3,0 ETP	-16.7%	3,6 ETP	+9.1%	3,3 ETP	+10.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	+50.0%	2,0 ETP	+100%	1,0 ETP	0.0%	1,0 ETP		–		0,2 ETP	-60.0%	0,5 ETP		–		–		–		–		–		–		–

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 30/06/2025 · 2 active · 4 ended

Active mandates

An Vanhees

Director · since 29 juin 2020

Active

Jean-Pierre Nulens

Director · since 21 décembre 2004

Active

Ended mandates

An Vanhees

Director

Ended

Ann Vanhees

Director

Ended

Jean-Pierre Nulens

Director

Ended

Jean-Pierre Nulens

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
KATANET● Active	0433.014.730
Nulens & Co● Active	0463.183.413

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	01/07/2024	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	29/01/2026	31/01/2025	29/12/2023	30/01/2023	29/01/2022	21/01/2021
General meeting	05/12/2025	06/12/2024	01/12/2023	02/12/2022	03/12/2021	04/12/2020
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	05/12/2025	29/01/2026	Dutch	PDF
Abridged model	30/06/2024	06/12/2024	31/01/2025	Dutch	PDF
Abridged model	30/06/2023	01/12/2023	29/12/2023	Dutch	PDF
Abridged model	30/06/2022	02/12/2022	30/01/2023	Dutch	PDF
Abridged model	30/06/2021	03/12/2021	29/01/2022	Dutch	PDF
Abridged model	30/06/2020	04/12/2020	21/01/2021	Dutch	PDF
Abridged model	30/06/2019	06/12/2019	28/01/2020	Dutch	PDF
Abridged model	30/06/2018	07/12/2018	31/01/2019	Dutch	PDF
Abridged model	30/06/2017	01/12/2017	31/01/2018	Dutch	PDF
Abridged model	30/06/2016	02/12/2016	15/01/2017	Dutch	PDF
Abridged model	30/06/2015	04/12/2015	29/12/2015	Dutch	PDF
Abridged model	30/06/2014	05/12/2014	23/12/2014	Dutch	PDF
Abridged model	30/06/2013	06/12/2013	31/01/2014	Dutch	PDF
Abridged model	30/06/2012	07/12/2012	31/01/2013	Dutch	PDF
Abridged model	30/06/2011	02/12/2011	30/01/2012	Dutch	PDF
Abridged model	30/06/2010	03/12/2010	10/01/2011	Dutch	PDF
Abridged model	30/06/2009	04/12/2009	04/01/2010	Dutch	PDF
Abridged model	30/06/2008	05/12/2008	30/01/2009	Dutch	PDF
Abridged model	30/06/2007	07/12/2007	08/01/2008	Dutch	PDF
Abridged model	30/06/2006	01/12/2006	08/01/2007	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 30/06/2025 · 2 active · 4 ended

Active mandates

An Vanhees

Director · since 29 juin 2020

Active

Jean-Pierre Nulens

Director · since 21 décembre 2004

Active

Ended mandates

An Vanhees

Director

Ended

Ann Vanhees

Director

Ended

Jean-Pierre Nulens

Director

Ended

Jean-Pierre Nulens

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office13/08/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates31/08/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/07/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates23/05/2019
ONTSLAGEN - BENOEMINGEN
PDF
Other02/04/2009
Wijziging maatschappelijk doel — Aanpassing statuten
PDF
Other11/01/2005
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 202511,5 k €↑
2024
Annual accounts 2024-292,9 k €↓
2023
Annual accounts 2023207,4 k €↓
2022
Annual accounts 2022972,2 k €↑
2021
Annual accounts 2021-252,7 k €↓
2020
Annual accounts 202034,9 k €↓
2019
Annual accounts 2019165,2 k €↓
2018
Annual accounts 2018280,1 k €↑
2017
Annual accounts 2017278,3 k €↑
2016
Annual accounts 2016-25,8 k €↓
2015
Annual accounts 2015167,8 k €↑
2014
Annual accounts 2014157 k €↓
2013
Annual accounts 2013415,8 k €↑
2012
Annual accounts 20126,1 k €↑
2011
Annual accounts 2011-17,9 k €↓
2010
Annual accounts 20104,3 k €↓
2009
Annual accounts 20098,6 k €↓
2008
Annual accounts 2008282,6 k €↑
2007
Annual accounts 20071,8 k €
30/12/2004
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

MEY

Overview

What does MEY 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