ACTIVE

MENTIS

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Financial year 2024 · closed on 31/12/2024

Net result

-183,9 k €

-1738.9% YoY

Gross margin

573,5 k €

-27.3% YoY

Equity

395,5 k €

-31.7% YoY

Workforce

6,7 ETP

-21.2% YoY

What does MENTIS do?

MENTIS is a Public limited company incorporated in 2005. Its main activity is: Computer programming activities. Its registered office is in Ixelles. It employs on average 6,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0871.095.533

Incorporation

10/01/2005

Legal form

Public limited company

Registered office

Avenue Louise 367
1050 Ixelles · BruxellesSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2024

Average workforce

6,7 ETP

Activities (NACE)

62010Computer programming activities· main 62020Computer consultancy activities 62100Computer programming, consultancy and related activities 62200Computer programming, consultancy and related activities 72100Research and experimental development on natural sciences and engineering 72220Research and experimental development on social sciences and humanities+7

Joint committees (2)

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	573,5 k €	-27.3%	789,3 k €	+6.9%	738,1 k €	-3.6%	765,7 k €	+20.3%	636,8 k €	-15.2%	751,3 k €	-7.2%	809,3 k €	+13.5%	712,8 k €	+14.0%	625,4 k €	-0.1%	626 k €	+5.5%	593,3 k €	+58.0%	375,5 k €	-10.7%	420,6 k €	+51.1%	278,3 k €	-21.0%	352,1 k €	+135%	150 k €	+3908%	3,7 k €	-92.6%	50,3 k €
EBITDA	-35,1 k €	-127%	130,1 k €	-23.5%	170 k €	+53.1%	111,1 k €	-37.0%	176,4 k €	+208%	-163,2 k €	-295%	83,8 k €	+96.8%	42,6 k €	-72.0%	151,9 k €	-17.6%	184,4 k €	+18.4%	155,7 k €	+201%	-154,5 k €	-230%	118,4 k €	+588%	17,2 k €	-76.7%	74 k €	+9.0%	67,9 k €	+268%	-40,3 k €	-232%	30,5 k €
Operating result	-143 k €	-1051%	15 k €	-80.8%	78,2 k €	+135%	33,3 k €	-72.5%	120,8 k €	+162%	-195,4 k €	-358%	75,9 k €	+116%	35,2 k €	-67.8%	109,3 k €	-20.8%	138,1 k €	+39.9%	98,7 k €	+146%	-214,1 k €	-314%	99,9 k €	+1848%	-5,7 k €	-112%	49,7 k €	+1.3%	49 k €	+195%	-51,7 k €	-320%	23,5 k €
Net result	-183,9 k €	-1739%	11,2 k €	-84.5%	72,3 k €	+163%	27,4 k €	-75.8%	113,4 k €	+155%	-204,4 k €	-1969%	10,9 k €	-50.3%	22 k €	-70.9%	75,7 k €	-44.0%	135,2 k €	+36.5%	99,1 k €	+479%	-26,1 k €	-127%	96,6 k €	+11918%	803,5 €	-97.5%	31,8 k €	-20.8%	40,1 k €	+22317%	179 €	-99.5%	36,5 k €
Balance sheet
Equity	395,5 k €	-31.7%	579,4 k €	+2.0%	568,2 k €	+14.6%	495,9 k €	+5.9%	468,4 k €	+31.9%	355,1 k €	-36.5%	559,4 k €	+2.0%	548,5 k €	+23.3%	445 k €	+20.5%	369,3 k €	+57.7%	234,2 k €	+73.3%	135,1 k €	-16.2%	161,2 k €	+149%	64,7 k €	+19.2%	54,2 k €	+142%	22,5 k €	+56.7%	14,3 k €	-49.8%	28,5 k €
Total assets	658,5 k €	-11.2%	741,3 k €	-3.3%	766,6 k €	+6.7%	718,7 k €	-10.4%	802 k €	-4.3%	838,3 k €	+13.0%	741,6 k €	+8.2%	685,4 k €	-26.3%	929,5 k €	+32.7%	700,6 k €	+14.8%	610 k €	+15.4%	528,8 k €	-4.8%	555,6 k €	+106%	269,7 k €	+10.3%	244,6 k €	+42.9%	171,2 k €	+72.8%	99,1 k €	+51.0%	65,6 k €
Cash	35,4 k €		–		54 k €	+4316%	1,2 k €	-96.3%	32,7 k €	+86.6%	17,5 k €	-78.5%	81,3 k €	-47.7%	155,5 k €	+124%	69,5 k €	-49.4%	137,4 k €	+245%	39,9 k €		–		175,2 k €		–		48,3 k €	-47.1%	91,2 k €	+11686%	774 €	-96.3%	20,7 k €
Debts	262,9 k €	+72.5%	152,4 k €	-23.2%	198,5 k €	-10.9%	222,8 k €	-33.2%	333,5 k €	-31.0%	483,2 k €	+197%	162,9 k €	+19.0%	136,9 k €	-60.8%	349,5 k €	+5.5%	331,2 k €	-11.9%	375,9 k €	-4.5%	393,7 k €	+62.0%	243 k €	+18.5%	205 k €	+7.7%	190,4 k €	+75.1%	108,7 k €	+29.1%	84,2 k €	+127%	37,1 k €
Other
Workforce	6,7 ETP	-21.2%	8,5 ETP	-8.6%	9,3 ETP	0.0%	9,3 ETP	+1.1%	9,2 ETP	-20.0%	11,5 ETP	-11.5%	13,0 ETP	0.0%	13,0 ETP	+54.8%	8,4 ETP	-3.4%	8,7 ETP	+3.6%	8,4 ETP	-9.7%	9,3 ETP	+55.0%	6,0 ETP	+20.0%	5,0 ETP	+4.2%	4,8 ETP	+220%	1,5 ETP	+50.0%	1,0 ETP	+150%	0,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 7 ended

Active mandates

InfiniteMind

Director · since 16 juillet 2025

Represented by BOUGROUG Tarek

Active

Mohammed Ben Haddou

Managing director · since 22 décembre 2010 · until 16 juillet 2025

Active

Ended mandates

Mohamed Ben Haddou

Managing director · since 28 décembre 2010 · until 27 décembre 2016

Ended

Mohamed BenHaddou

Managing director · since 28 décembre 2010 · until 27 décembre 2016

Ended

Pierre Sener

Managing director · since 28 décembre 2010 · until 27 décembre 2016

Ended

Mohammed Ben Haddou

Managing director · since 22 décembre 2010

Ended

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Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	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	13/10/2025	27/09/2024	30/10/2023	29/10/2022	21/10/2021	29/12/2020
General meeting	09/10/2025	19/09/2024	04/10/2023	17/10/2022	20/10/2021	01/06/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	09/10/2025	13/10/2025	French	PDF
Abridged model	31/12/2023	19/09/2024	27/09/2024	French	PDF
Abridged model	31/12/2022	04/10/2023	30/10/2023	French	PDF
Abridged model	31/12/2021	17/10/2022	29/10/2022	French	PDF
Abridged model	31/12/2020	20/10/2021	21/10/2021	French	PDF
Abridged model	31/12/2019	01/06/2020	29/12/2020	French	PDF
Abridged model	31/12/2018	03/06/2019	20/11/2019	French	PDF
Abridged model	31/12/2017	31/12/2018	01/03/2019	French	PDF
Micro model	31/12/2016	06/06/2017	30/10/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	04/01/2017	French	PDF
Abridged model	31/12/2014	30/06/2015	21/08/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	19/08/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	02/01/2014	French	PDF
Abridged model	31/12/2011	30/06/2012	29/08/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	19/12/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	30/08/2010	French	PDF
Abridged model	31/12/2008	01/06/2009	29/07/2009	French	PDF
Abridged model	31/12/2007	02/06/2008	29/08/2008	French	PDF
Abridged model	31/12/2006	04/06/2007	30/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2024 · 2 active · 7 ended

Active mandates

InfiniteMind

Director · since 16 juillet 2025

Represented by BOUGROUG Tarek

Active

Mohammed Ben Haddou

Managing director · since 22 décembre 2010 · until 16 juillet 2025

Active

Ended mandates

Mohamed Ben Haddou

Managing director · since 28 décembre 2010 · until 27 décembre 2016

Ended

Mohamed BenHaddou

Managing director · since 28 décembre 2010 · until 27 décembre 2016

Ended

Pierre Sener

Managing director · since 28 décembre 2010 · until 27 décembre 2016

Ended

Mohammed Ben Haddou

Managing director · since 22 décembre 2010

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/06/2023
DEMISSIONS, NOMINATIONS
PDF
Registered office05/09/2022
SIEGE SOCIAL
PDF
Mandates31/03/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates29/11/2019
DEMISSIONS, NOMINATIONS
PDF
Registered office16/05/2013
SIEGE SOCIAL
PDF
Registered office24/05/2012
SIEGE SOCIAL
PDF
Mandates06/01/2011
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
PDF
Registered office22/05/2009
SIEGE SOCIAL
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

2024
Annual accounts 2024-183,9 k €↓
2023
Annual accounts 202311,2 k €↓
2022
Annual accounts 202272,3 k €↑
2021
Annual accounts 202127,4 k €↓
2020
Annual accounts 2020113,4 k €↑
2019
Annual accounts 2019-204,4 k €↓
2018
Annual accounts 201810,9 k €↓
2017
Annual accounts 201722 k €↓
2015
Annual accounts 201575,7 k €↓
2014
Annual accounts 2014135,2 k €↑
2013
Annual accounts 201399,1 k €↑
2012
Annual accounts 2012-26,1 k €↓
2011
Annual accounts 201196,6 k €↑
2010
Annual accounts 2010803,5 €↓
2009
Annual accounts 200931,8 k €↓
2008
Annual accounts 200840,1 k €↑
2007
Annual accounts 2007179 €↓
2006
Annual accounts 200636,5 k €
10/01/2005
IncorporationPublic 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

MENTIS

Overview

What does MENTIS do?

Trend over 18 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