M-TREASURY MANAGEMENT
0873.601.596 · rovalta.com · 23/09/2026
ACTIVE
M-TREASURY MANAGEMENT (SRL)
Financial year 2024 · closed on 31/12/2024
Net result
6,1 k €
+11.2% YoY
Gross margin
-44,4 k €
+33.0% YoY
Equity
4,9 M €
+0.1% YoY
Overview
What does M-TREASURY MANAGEMENT do?
M-TREASURY MANAGEMENT is a Private limited company incorporated in 2005. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Bruxelles.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0873.601.596
Incorporation
02/05/2005
Legal form
Private limited company
Registered office
Rue Brederode 2
1000 Bruxelles · BruxellesSee on map
1000 Bruxelles · BruxellesSee on map
Contributed capital
400 000,00 €
Latest accounts
31/12/2024
Activities (NACE)
Joint committees (1)
- 218
Signals
ProfitablePositive cashflow
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Financials
Trend over 20 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | -44,4 k € | +33.0% | -66,3 k € | -30.9% | -50,6 k € | +7.9% | -55 k € | +35.6% | -85,3 k € | -170% | 121,3 k € | +644% | 16,3 k € | +116% | 7,5 k € | – | – | – | – | – | – | – | – | – | – | – | – | ||||||||||||
| EBITDA | -44,4 k € | +33.0% | -66,3 k € | -28.6% | -51,5 k € | +6.3% | -55 k € | +35.6% | -85,3 k € | -170% | 121,3 k € | +644% | 16,3 k € | +193% | 5,6 k € | +146% | -12,2 k € | +93.2% | -179,1 k € | -37.0% | -130,7 k € | +34.4% | -199,2 k € | -60.2% | -124,3 k € | -10.6% | -112,4 k € | -1.3% | -111 k € | +7.0% | -119,5 k € | +6.1% | -127,2 k € | -1.9% | -124,9 k € | -12.4% | -111,1 k € | -62311% | -178 € |
| Operating result | -44,4 k € | +33.0% | -66,3 k € | -28.6% | -51,5 k € | +6.3% | -55 k € | +35.6% | -85,3 k € | -170% | 121,3 k € | +644% | 16,3 k € | +193% | 5,6 k € | +146% | -12,2 k € | +93.2% | -179,1 k € | -37.0% | -130,7 k € | +34.4% | -199,2 k € | -60.2% | -124,3 k € | -10.6% | -112,4 k € | -1.3% | -111 k € | +7.0% | -119,5 k € | +6.1% | -127,2 k € | -1.9% | -124,9 k € | -12.4% | -111,1 k € | -62311% | -178 € |
| Net result | 6,1 k € | +11.2% | 5,5 k € | +104% | -138,8 k € | -172% | 191,5 k € | +83.0% | 104,7 k € | +74.2% | 60,1 k € | +206% | -56,7 k € | -148% | 117,8 k € | +64.8% | 71,4 k € | +209% | -65,5 k € | -400% | 21,9 k € | -87.4% | 173,8 k € | -3.1% | 179,4 k € | -86.3% | 1,3 M € | +16.2% | 1,1 M € | +48.9% | 755,6 k € | +96.7% | 384,1 k € | -27.9% | 532,6 k € | +639% | -98,8 k € | -46287% | -213 € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 4,9 M € | +0.1% | 4,9 M € | +0.1% | 4,9 M € | -2.8% | 5 M € | +4.0% | 4,8 M € | +2.2% | 4,7 M € | +1.3% | 4,6 M € | -1.2% | 4,7 M € | +2.6% | 4,6 M € | +1.6% | 4,5 M € | -1.4% | 4,6 M € | +0.5% | 4,5 M € | +4.0% | 4,4 M € | +4.3% | 4,2 M € | +45.3% | 2,9 M € | +63.9% | 1,8 M € | +75.2% | 1 M € | +61.9% | 620,8 k € | +604% | 88,2 k € | +47074% | 187 € |
| Total assets | 200,2 M € | -22.7% | 259 M € | -45.9% | 479,2 M € | +54.2% | 310,7 M € | -5.7% | 329,5 M € | -4.3% | 344,3 M € | -8.2% | 375 M € | +8.5% | 345,8 M € | +54.7% | 223,5 M € | +8.8% | 205,4 M € | -26.9% | 281,1 M € | -50.0% | 562,2 M € | -36.6% | 886,8 M € | +43.3% | 618,9 M € | +13.5% | 545,2 M € | +26.5% | 431 M € | +58.6% | 271,8 M € | -3.0% | 280,4 M € | +61.9% | 173,2 M € | +731948% | 23,7 k € |
| Cash | 36,2 M € | +106% | 17,6 M € | -78.2% | 80,6 M € | +58.4% | 50,9 M € | -47.1% | 96,1 M € | +19.7% | 80,3 M € | +12.5% | 71,4 M € | -49.2% | 140,6 M € | +607% | 19,9 M € | -36.9% | 31,5 M € | -27.7% | 43,6 M € | -24.6% | 57,8 M € | +366% | 12,4 M € | +63.0% | 7,6 M € | -61.4% | 19,7 M € | +23.5% | 16 M € | +343% | 3,6 M € | -96.3% | 96,6 M € | +275% | 25,7 M € | +229225% | 11,2 k € |
| Debts | 195,3 M € | -23.2% | 254,2 M € | -46.4% | 474,3 M € | +55.1% | 305,7 M € | -5.8% | 324,7 M € | -4.3% | 339,4 M € | -8.3% | 370,3 M € | +8.6% | 341,1 M € | +55.8% | 219 M € | +9.0% | 200,9 M € | -27.4% | 276,5 M € | -50.4% | 557,7 M € | -36.8% | 882,4 M € | +43.5% | 614,7 M € | +13.3% | 542,4 M € | +26.3% | 429,3 M € | +58.5% | 270,8 M € | -3.2% | 279,7 M € | +61.6% | 173,1 M € | +737405% | 23,5 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | 0,6 ETP | -40.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | |||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 2 active · 4 ended
Active mandates
Frederic Vanden Berghe
ActiveJérémie Sneessens
ActiveEnded mandates
Etienne Denoël
EndedEtienne Denoël
EndedEtienne Denoël
EndedEtienne Denoël
EndedAt this address
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Financials
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 | 29/09/2025 | 25/09/2024 | 05/10/2023 | 11/07/2022 | 28/06/2021 | 14/07/2020 |
| General meeting | 26/09/2025 | 23/09/2024 | 30/08/2023 | 24/06/2022 | 25/06/2021 | 26/06/2020 |
| 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 daysFilings
Annual accounts filings
23 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2024 | 26/09/2025 | 29/09/2025 | French | |
| Abridged model | 31/12/2023 | 23/09/2024 | 25/09/2024 | French | |
| Abridged modelCorrection | 31/12/2022 | 30/08/2023 | 05/10/2023 | French | |
| Abridged model | 31/12/2022 | 30/08/2023 | 30/08/2023 | French | |
| Abridged model | 31/12/2021 | 24/06/2022 | 11/07/2022 | French | |
| Abridged model | 31/12/2020 | 25/06/2021 | 28/06/2021 | French | |
| Abridged model | 31/12/2019 | 26/06/2020 | 14/07/2020 | French | |
| Abridged model | 31/12/2018 | 28/06/2019 | 05/07/2019 | French | |
| Abridged model | 31/12/2017 | 29/06/2018 | 04/07/2018 | French | |
| Full model | 31/12/2016 | 30/06/2017 | 07/07/2017 | French | |
| Full model | 31/12/2015 | 24/06/2016 | 13/07/2016 | French | |
| Full model | 31/12/2014 | 26/06/2015 | 16/07/2015 | French | |
| Full model | 31/12/2013 | 27/06/2014 | 22/07/2014 | French | |
| Full model | 31/12/2012 | 28/06/2013 | 23/07/2013 | French | |
| Full model | 31/12/2011 | 29/06/2012 | 30/07/2012 | French | |
| Full model | 31/12/2010 | 24/06/2011 | 18/07/2011 | French | |
| Full model | 31/12/2009 | 25/06/2010 | 19/07/2010 | French | |
| Full model | 31/12/2008 | 26/06/2009 | 15/12/2009 | French | |
| Full modelCorrection | 31/12/2007 | 27/06/2008 | 19/01/2009 | Dutch | |
| Full model | 31/12/2007 | 27/06/2008 | 30/06/2008 | Dutch | |
| Full modelCorrection | 31/12/2006 | 29/06/2007 | 08/11/2007 | Dutch | |
| Full model | 31/12/2006 | 29/06/2007 | 16/07/2007 | Dutch | |
| Full modelCorrection | 31/12/2005 | 30/06/2006 | 14/08/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 5 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2024 · 2 active · 4 ended
Active mandates
Frederic Vanden Berghe
ActiveJérémie Sneessens
ActiveEnded mandates
Etienne Denoël
EndedEtienne Denoël
EndedEtienne Denoël
EndedEtienne Denoël
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates17/09/2025DEMISSIONS, NOMINATIONS
- Other09/01/2023STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates08/06/2022DEMISSIONS, NOMINATIONS
- Registered office27/11/2020SIEGE SOCIAL - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Registered office23/11/2020SIEGE SOCIAL - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates11/09/2018DEMISSIONS, NOMINATIONS
- Mandates17/08/2018DEMISSIONS, NOMINATIONS
- Mandates12/08/2015DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 20246,1 k €↑
- 2023Annual accounts 20235,5 k €↑
- 2022Annual accounts 2022-138,8 k €↓
- 2021Annual accounts 2021191,5 k €↑
- 2020Annual accounts 2020104,7 k €↑
- 2019Annual accounts 201960,1 k €↑
- 2018Annual accounts 2018-56,7 k €↓
- 2017Annual accounts 2017117,8 k €↑
- 2016Annual accounts 201671,4 k €↑
- 2015Annual accounts 2015-65,5 k €↓
- 2014Annual accounts 201421,9 k €↓
- 2013Annual accounts 2013173,8 k €↓
- 2012Annual accounts 2012179,4 k €↓
- 2011Annual accounts 20111,3 M €↑
- 2010Annual accounts 20101,1 M €↑
- 2009Annual accounts 2009755,6 k €↑
- 2008Annual accounts 2008384,1 k €↓
- 2007Annual accounts 2007532,6 k €↑
- 2006Annual accounts 2006-98,8 k €↓
- 2005Annual accounts 2005-213 €
- 02/05/2005IncorporationPrivate limited company