ACTIVE

MN DISTRIBUTION

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Financial year 2025 · closed on 31/12/2025

Net result

-19,6 k €

-421.3% YoY

Gross margin

78,8 k €

-30.7% YoY

Equity

85,9 k €

-18.6% YoY

What does MN DISTRIBUTION do?

MN DISTRIBUTION is a Private limited company incorporated in 2005. Its main activity is: Wholesale of fruit and vegetables. Its registered office is in Anderlecht.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0874.880.513

Incorporation

05/07/2005

Legal form

Private limited company

Registered office

Rue Heyvaert 150A
1070 Anderlecht · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

46319Wholesale of fruit and vegetables· main 46319Wholesale of fruit and vegetables 47110Retail sale in non-specialised stores with food, beverages or tobacco predominating 47112Retail sale in non-specialised stores with food, beverages or tobacco predominating 51310Air transport 52112Warehousing and storage

Signals

Healthy social debts

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Health score

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✦ 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	78,8 k €	-30.7%	113,7 k €	+15.1%	98,8 k €	-9.1%	108,6 k €	-4.8%	114,1 k €	-12.8%	130,8 k €	+12.8%	116 k €	+16.3%	99,7 k €	+9.7%	90,9 k €	+18.4%	76,7 k €	+32.0%	58,1 k €	+8.3%	53,7 k €	-18.8%	66,1 k €	+12.7%	58,7 k €	-12.9%	67,4 k €	+130%	29,3 k €	+79.2%	16,4 k €	-57.9%	38,9 k €	+145%	15,9 k €	+1237%	-1,4 k €
EBITDA	-1,6 k €	-105%	34,3 k €	+4.2%	33 k €	-22.8%	42,7 k €	+199%	14,3 k €	-65.3%	41,1 k €	+8.8%	37,8 k €	-3.9%	39,3 k €	+91.1%	20,6 k €	+51.6%	13,6 k €	+101%	6,8 k €	-27.5%	9,3 k €	-67.1%	28,4 k €	+163%	10,8 k €	-28.2%	15 k €	-45.0%	27,3 k €	+177%	9,8 k €	-7.0%	10,6 k €	+92.2%	5,5 k €	+493%	-1,4 k €
Operating result	-15,3 k €	-174%	20,7 k €	+7.1%	19,3 k €	-16.0%	23 k €	+459%	-6,4 k €	-141%	15,5 k €	+27.4%	12,2 k €	-14.3%	14,2 k €	-7.2%	15,4 k €	+227%	4,7 k €	+26.9%	3,7 k €	-34.6%	5,7 k €	-77.1%	24,7 k €	+143%	10,2 k €	+16.9%	8,7 k €	-67.6%	26,9 k €	+185%	9,4 k €	-7.3%	10,2 k €	+94.3%	5,2 k €	+328%	-2,3 k €
Net result	-19,6 k €	-421%	6,1 k €	-27.9%	8,4 k €	-14.7%	9,9 k €	+180%	-12,4 k €	-351%	4,9 k €	+20.2%	4,1 k €	+26.9%	3,2 k €	-61.1%	8,3 k €	+1547%	503 €	-10.2%	560 €	-47.3%	1,1 k €	-90.0%	10,6 k €	+230%	3,2 k €	-35.2%	4,9 k €	-74.2%	19,2 k €	+203%	6,3 k €	-7.6%	6,9 k €	+105%	3,3 k €	+242%	-2,3 k €
Balance sheet
Equity	85,9 k €	-18.6%	105,4 k €	+6.5%	99 k €	+8.9%	90,9 k €	+12.2%	81 k €	-13.2%	93,4 k €	+5.6%	88,4 k €	+4.9%	84,3 k €	+4.0%	81,1 k €	+11.4%	72,8 k €	+0.7%	72,3 k €	+0.8%	71,8 k €	+1.5%	70,7 k €	+17.6%	60,1 k €	+5.6%	56,9 k €	+9.5%	52 k €	+58.6%	32,8 k €	+23.9%	26,4 k €	+35.0%	19,6 k €	+95.0%	10,1 k €
Total assets	541,4 k €	+53.2%	353,4 k €	+8.0%	327,1 k €	-29.0%	460,6 k €	-46.3%	857,4 k €	+0.8%	850,2 k €	+100.0%	425,1 k €	+10.6%	384,5 k €	+67.1%	230,1 k €	-11.8%	261,1 k €	-6.4%	278,9 k €	+47.9%	188,6 k €	-7.7%	204,2 k €	+28.5%	158,9 k €	-38.1%	256,7 k €	+29.0%	198,9 k €	+24.0%	160,4 k €	-35.1%	247,3 k €	+452%	44,8 k €	-24.0%	58,9 k €
Cash	3,1 k €	-63.2%	8,5 k €	-34.3%	12,9 k €	+5.3%	12,3 k €	-54.1%	26,7 k €	-54.0%	58,1 k €	-7.9%	63,1 k €	+24.5%	50,7 k €	-13.9%	58,9 k €	+14.0%	51,7 k €	+99.1%	26 k €	+5.3%	24,7 k €	-0.2%	24,7 k €	+17.6%	21 k €	+47.5%	14,2 k €	+57.6%	9 k €	+84.7%	4,9 k €	-71.6%	17,2 k €	+287%	4,4 k €	+6.1%	4,2 k €
Debts	455,5 k €	+83.7%	248 k €	+8.7%	228,1 k €	-38.3%	369,7 k €	-52.4%	776,4 k €	+2.6%	756,9 k €	+125%	336,7 k €	+12.2%	300,2 k €	+101%	149 k €	-20.8%	188,2 k €	-8.9%	206,6 k €	+76.8%	116,8 k €	-12.5%	133,5 k €	+35.2%	98,8 k €	-50.6%	199,8 k €	+36.0%	146,9 k €	+15.1%	127,6 k €	-42.2%	220,9 k €	+777%	25,2 k €	-30.9%	36,4 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		1,5 ETP	0.0%	1,5 ETP	+15.4%	1,3 ETP	0.0%	1,3 ETP	-13.3%	1,5 ETP	+200%	0,5 ETP	+400%	0,1 ETP	-90.0%	1,0 ETP	0.0%	1,0 ETP	+100%	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 31/12/2025 · 2 active · 4 ended

Active mandates

SAMUEL NJOSSEU

Director · since 30 juin 2005

Active

Claire MBOUWE

Mandate

Active

Ended mandates

Hariseheno RAKOTONDRAZAKA

Manager · since 10 février 2007

Ended

SAMUEL NJOSSEU

Manager · since 30 juin 2005

Ended

Hariseheno RAKOTONDRAZAKA

Mandate

Ended

SAMUEL NJOSSEU

Mandate

Ended

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	05/08/2026	29/09/2025	28/09/2024	21/12/2023	27/08/2022	31/08/2021
General meeting	11/06/2026	12/06/2025	13/06/2024	08/06/2023	10/06/2022	10/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	11/06/2026	05/08/2026	French	PDF
Micro model	31/12/2024	12/06/2025	29/09/2025	French	PDF
Micro model	31/12/2023	13/06/2024	28/09/2024	French	PDF
Micro model	31/12/2022	08/06/2023	21/12/2023	French	PDF
Micro model	31/12/2021	10/06/2022	27/08/2022	French	PDF
Micro model	31/12/2020	10/06/2021	31/08/2021	French	PDF
Micro model	31/12/2019	11/06/2020	29/08/2020	French	PDF
Micro model	31/12/2018	13/06/2019	24/08/2019	French	PDF
Micro model	31/12/2017	14/06/2018	25/08/2018	French	PDF
Abridged model	31/12/2016	08/06/2017	02/08/2017	French	PDF
Abridged model	31/12/2015	09/06/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	11/06/2015	28/08/2015	French	PDF
Abridged model	31/12/2013	12/06/2014	24/09/2014	French	PDF
Abridged model	31/12/2012	13/06/2013	22/08/2013	French	PDF
Abridged model	31/12/2011	14/06/2012	30/08/2012	French	PDF
Abridged model	31/12/2010	09/06/2011	28/06/2011	French	PDF
Abridged model	31/12/2009	10/06/2010	05/08/2010	French	PDF
Abridged model	31/12/2008	11/06/2009	18/08/2009	French	PDF
Abridged model	31/12/2007	12/06/2008	17/07/2008	French	PDF
Abridged model	31/12/2006	14/06/2007	27/07/2007	French	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 · 2 active · 4 ended

Active mandates

SAMUEL NJOSSEU

Director · since 30 juin 2005

Active

Claire MBOUWE

Mandate

Active

Ended mandates

Hariseheno RAKOTONDRAZAKA

Manager · since 10 février 2007

Ended

SAMUEL NJOSSEU

Manager · since 30 juin 2005

Ended

Hariseheno RAKOTONDRAZAKA

Mandate

Ended

SAMUEL NJOSSEU

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Registered office14/01/2020
SIEGE SOCIAL
PDF
Mandates03/10/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates04/11/2013
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Capital / shares18/06/2013
CAPITAL, ACTIONS
PDF
Registered office02/06/2009
SIEGE SOCIAL
PDF
Mandates03/10/2007
DEMISSIONS, NOMINATIONS
PDF
Other13/07/2005
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 2025-19,6 k €↓
2024
Annual accounts 20246,1 k €↓
2023
Annual accounts 20238,4 k €↓
2023
Name changeMN DISTRIBUTION
2022
Annual accounts 20229,9 k €↑
2021
Annual accounts 2021-12,4 k €↓
2021
Name changeAS DISTRIBUTION
2020
Annual accounts 20204,9 k €↑
2019
Annual accounts 20194,1 k €↑
2018
Annual accounts 20183,2 k €↓
2017
Annual accounts 20178,3 k €↑
2016
Annual accounts 2016503 €↓
2015
Annual accounts 2015560 €↓
2014
Annual accounts 20141,1 k €↓
2013
Annual accounts 201310,6 k €↑
2012
Annual accounts 20123,2 k €↓
2011
Annual accounts 20114,9 k €↓
2010
Annual accounts 201019,2 k €↑
2009
Annual accounts 20096,3 k €↓
2008
Annual accounts 20086,9 k €↑
2007
Annual accounts 20073,3 k €↑
2006
Annual accounts 2006-2,3 k €
05/07/2005
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

MN DISTRIBUTION

Overview

What does MN DISTRIBUTION do?

Trend over 20 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

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline