ACTIVE

Myttenaere Michel

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

15,8 k €

+2053.5% YoY

Gross margin

44,9 k €

+126.2% YoY

Equity

249,1 k €

+6.8% YoY

What does Myttenaere Michel do?

Myttenaere Michel is a Private limited company incorporated in 2005. Its registered office is in Oostende.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0872.115.518

Incorporation

24/02/2005

Legal form

Private limited company

Registered office

Wapenplein 17 box 202
8400 Oostende · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Joint committees (2)

Signals

ProfitableSolid 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 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	44,9 k €	+126%	19,9 k €	-91.0%	221,2 k €	+338%	50,6 k €	-41.2%	86 k €	+77.2%	48,5 k €	-34.7%	74,2 k €	+9.9%	67,6 k €	-16.8%	81,2 k €	+45.8%	55,7 k €	+17.1%	47,6 k €	-36.9%	75,4 k €	-27.8%	104,5 k €	+56.7%	66,7 k €	+5.1%	63,4 k €	+93.8%	32,7 k €	-33.3%	49,1 k €	+5.9%	46,4 k €	+139%	19,4 k €	-58.6%	46,9 k €
EBITDA	42 k €	+126%	18,6 k €	-91.1%	209,9 k €	+1051%	18,2 k €	-51.7%	37,8 k €	+342%	-15,6 k €	-133%	47,8 k €	-16.4%	57,2 k €	+16.1%	49,2 k €	+400%	9,8 k €	+13152%	74,3 €	-99.2%	9,6 k €	-75.8%	39,7 k €	+70.7%	23,3 k €	-20.3%	29,2 k €	-2.3%	29,9 k €	-28.4%	41,7 k €	+29.5%	32,2 k €	+121%	14,5 k €	-67.3%	44,5 k €
Operating result	28,1 k €	+162%	10,7 k €	-94.7%	201,6 k €	+2085%	9,2 k €	-67.6%	28,5 k €	+192%	-30,9 k €	-204%	29,8 k €	-21.7%	38 k €	+27.7%	29,8 k €	+381%	-10,6 k €	+8.5%	-11,6 k €	-174%	-4,2 k €	-119%	22,8 k €	+740%	2,7 k €	-62.9%	7,3 k €	+232%	2,2 k €	-89.8%	21,5 k €	+82.9%	11,8 k €	+322%	-5,3 k €	-121%	25,8 k €
Net result	15,8 k €	+2053%	735 €	-99.5%	143,9 k €	+4139%	3,4 k €	-80.0%	17 k €	+146%	-36,8 k €	-373%	13,5 k €	-39.7%	22,4 k €	+7.1%	20,9 k €	+240%	-14,9 k €	-171%	-5,5 k €	-26.5%	-4,4 k €	-129%	14,9 k €	+5790%	-261,6 €	-116%	1,6 k €	-86.6%	12 k €	-11.7%	13,6 k €	+68.1%	8,1 k €	+201%	-8 k €	-144%	18,2 k €
Balance sheet
Equity	249,1 k €	+6.8%	233,2 k €	+0.3%	232,5 k €	+167%	87 k €	+1.2%	86 k €	+23.2%	69,8 k €	-34.5%	106,7 k €	+13.5%	94 k €	+29.8%	72,4 k €	+40.5%	51,5 k €	-22.4%	66,4 k €	-7.7%	72 k €	-5.7%	76,3 k €	+24.2%	61,4 k €	-0.4%	61,7 k €	+2.7%	60,1 k €	+25.1%	48 k €	+39.6%	34,4 k €	+30.8%	26,3 k €	-23.4%	34,3 k €
Total assets	296,5 k €	-40.7%	499,8 k €	+7.2%	466,2 k €	-45.0%	848,3 k €	+47.0%	577 k €	+26.4%	456,4 k €	+27.6%	357,6 k €	-22.8%	463,4 k €	+82.5%	254 k €	+8.9%	233,3 k €	+23.7%	188,6 k €	-7.7%	204,4 k €	+8.9%	187,8 k €	+18.3%	158,8 k €	-15.4%	187,6 k €	-18.7%	230,7 k €	+53.9%	149,9 k €	-3.7%	155,6 k €	+35.2%	115,1 k €	+23.1%	93,5 k €
Cash	112,7 k €	+719%	13,8 k €	-91.9%	170,1 k €	+1044%	14,9 k €	-80.8%	77,3 k €	+4.0%	74,3 k €	+44.7%	51,4 k €	+146%	20,9 k €	+231%	6,3 k €	-36.1%	9,9 k €	-1.6%	10,1 k €	-50.7%	20,4 k €	-53.4%	43,8 k €	+245%	12,7 k €	-53.5%	27,3 k €	-53.4%	58,5 k €	+47.1%	39,8 k €	+195%	13,5 k €	-43.4%	23,8 k €	+72.8%	13,8 k €
Debts	36 k €	-85.0%	239,2 k €	+12.6%	212,3 k €	-70.8%	726,8 k €	+57.4%	461,6 k €	+27.0%	363,5 k €	+57.7%	230,6 k €	-34.6%	352,5 k €	+119%	160,8 k €	-4.6%	168,7 k €	+48.4%	113,7 k €	-8.3%	123,9 k €	+15.0%	107,7 k €	+12.3%	95,9 k €	-22.3%	123,5 k €	-26.0%	167 k €	+69.9%	98,3 k €	-17.9%	119,7 k €	+36.3%	87,8 k €	+50.0%	58,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	-33.3%	1,5 ETP	+50.0%	1,0 ETP	+25.0%	0,8 ETP		–		0,4 ETP	-20.0%	0,5 ETP	+400%	0,1 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 31/12/2023 · 1 active · 1 ended

Active mandates

Michel Myttenaere

Director

Active

Ended mandates

Michel Myttenaere

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
CONSCIENCE A.C.H.● Active	0866.557.418
EUROPA ESPERANTO-UNIO● Active	0880.712.884
FINAUXA● Active	0436.743.389
FLORADO INTERNACIA● Active	0505.818.178
House On Fire● Bankrupt	0668.970.002
KANTOOR VERMEIRE● Bankrupt	0458.471.092
ThotQuantum● Active	1029.855.334

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/07/2026	10/06/2025	23/08/2024	31/08/2023	22/08/2022	13/07/2021
General meeting	03/07/2026	08/06/2025	20/08/2024	24/08/2023	11/08/2022	18/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	03/07/2026	04/07/2026	Dutch	PDF
Micro model	31/12/2024	08/06/2025	10/06/2025	Dutch	PDF
Micro model	31/12/2023	20/08/2024	23/08/2024	Dutch	PDF
Micro model	31/12/2022	24/08/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	11/08/2022	22/08/2022	Dutch	PDF
Micro model	31/12/2020	18/06/2021	13/07/2021	Dutch	PDF
Micro model	31/12/2019	25/09/2020	06/10/2020	Dutch	PDF
Micro model	31/12/2018	12/08/2019	20/08/2019	Dutch	PDF
Micro model	31/12/2017	13/08/2018	14/08/2018	Dutch	PDF
Micro model	31/12/2016	10/07/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	10/08/2016	11/08/2016	Dutch	PDF
Abridged model	31/12/2014	11/08/2015	13/08/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	18/07/2014	Dutch	PDF
Abridged model	31/12/2012	23/07/2013	08/08/2013	Dutch	PDF
Abridged model	31/12/2011	06/08/2012	13/08/2012	Dutch	PDF
Abridged model	31/12/2010	10/08/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	11/08/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	07/08/2009	07/08/2009	Dutch	PDF
Abridged model	31/12/2007	04/07/2008	15/07/2008	Dutch	PDF
Abridged model	31/12/2006	19/06/2007	18/07/2007	Dutch	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 31/12/2023 · 1 active · 1 ended

Active mandates

Michel Myttenaere

Director

Active

Ended mandates

Michel Myttenaere

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/08/2023
WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/08/2008
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares11/04/2005
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
PDF
Other07/03/2005
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 202515,8 k €↑
2024
Annual accounts 2024735 €↓
2023
Annual accounts 2023143,9 k €↑
2022
Annual accounts 20223,4 k €↓
2021
Annual accounts 202117 k €↑
2020
Annual accounts 2020-36,8 k €↓
2019
Annual accounts 201913,5 k €↓
2018
Annual accounts 201822,4 k €↑
2017
Annual accounts 201720,9 k €↑
2016
Annual accounts 2016-14,9 k €↓
2015
Annual accounts 2015-5,5 k €↓
2014
Annual accounts 2014-4,4 k €↓
2013
Annual accounts 201314,9 k €↑
2012
Annual accounts 2012-261,6 €↓
2011
Annual accounts 20111,6 k €↓
2010
Annual accounts 201012 k €↓
2009
Annual accounts 200913,6 k €↑
2008
Annual accounts 20088,1 k €↑
2007
Annual accounts 2007-8 k €↓
2006
Annual accounts 200618,2 k €
24/02/2005
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

Myttenaere Michel

Overview

What does Myttenaere Michel do?

Trend over 20 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