ACTIVE

MECS EUROPE/AFRICA

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Financial year 2024 · Closed on 31/12/2024

Net result14,6 M €+52,4 %over 1 year

Revenue64,9 M €+16,0 %over 1 year

Equity36,5 M €+66,4 %over 1 year

Workforce23,8 ETP-35,1 %over 1 year

Identity

Source · BCE/KBO

MECS EUROPE/AFRICA is a Private limited company incorporated in 2005. Its main activity is: Manufacture of basic pharmaceutical products. Its registered office is in Hoeilaart. It employs on average 23,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0875.005.128
Incorporation: 11/07/2005
Legal form: Private limited company
Registered office: Ildefonse Vandammestraat 7
1560 Hoeilaart · FlandreSee on map
Contributed capital: 6 200,00 €
Latest accounts: 31/12/2024
Average workforce: 23,8 ETP

Activities (NACE)

21100Manufacture of basic pharmaceutical products· main 21100Manufacture of basic pharmaceutical products 24410Precious metals production 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy 74203Photographic activities

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2024		2023		2022		2021		2020
Income statement
Revenue	64,9 M €	+16.0%	56 M €	+15.8%	48,3 M €	-5.7%	51,3 M €	+66.2%	30,8 M €
EBITDA	18,2 M €	+40.4%	13 M €	+17.3%	11,1 M €	+15.0%	9,6 M €	+91.3%	5 M €
Operating result	18,1 M €	+40.6%	12,9 M €	+16.6%	11,1 M €	+14.5%	9,7 M €	+91.9%	5 M €
Net result	14,6 M €	+52.4%	9,6 M €	+8.9%	8,8 M €	+19.5%	7,3 M €	+264%	2 M €
Balance sheet
Equity	36,5 M €	+66.4%	22 M €	-42.1%	37,9 M €	+30.1%	29,1 M €	+33.7%	21,8 M €
Total assets	48,2 M €	+22.5%	39,3 M €	-17.5%	47,7 M €	+28.9%	37 M €	-1.1%	37,4 M €
Cash	6,4 M €	+87.2%	3,4 M €	-1.4%	3,5 M €	-42.6%	6,1 M €	-60.2%	15,2 M €
Debts	11,7 M €	-33.0%	17,4 M €	+78.2%	9,8 M €	+24.2%	7,9 M €	-48.7%	15,3 M €
Other
Workforce	23,8 ETP	-35.1%	36,7 ETP	+41.2%	26,0 ETP	+18.2%	22,0 ETP	-4.3%	23,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 22 ended

Active mandates

Stéphanie BAUWIN

Director · since 06 juin 2025

Active

Tjaart VAN DER WALT

Director · since 22 février 2017 · until 06 juin 2025

Active

Thierry Marin

Director · since 01 mai 2011

Active

Ended mandates

Thierry Marin

Director · since 01 mai 2021

Ended

Eliahu Avraham Ben-Shoshan

Director · since 22 février 2017 · until 31 mai 2020

Ended

Eliahu Avraham Ben-Shoshan

Director · since 22 février 2017

Ended

Eliahu Avraham Ben-Shoshan

Administrator - manager · since 22 février 2017

Ended

Other companies at this address

Ildefonse Vandammestraat 7 1560 Hoeilaart

Company	CBE no.
LTD AZTEK GLOBAL SYSTEMS IE6356480H● Bankrupt	0541.595.837
LTD COMPUCARE SYSTEMS GB001467418● Active	0541.596.233

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	10/12/2025	12/06/2024	13/06/2023	16/06/2022	17/06/2021	04/12/2020
General meeting	10/12/2025	11/06/2024	13/06/2023	14/06/2022	08/06/2021	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	10/12/2025	10/12/2025	Dutch	PDF
Full model	31/12/2023	11/06/2024	12/06/2024	Dutch	PDF
Full model	31/12/2022	13/06/2023	13/06/2023	Dutch	PDF
Full model	31/12/2021	14/06/2022	16/06/2022	Dutch	PDF
Full model	31/12/2020	08/06/2021	17/06/2021	Dutch	PDF
Full model	31/12/2019	04/12/2020	04/12/2020	Dutch	PDF
Full model	31/12/2018	05/08/2019	06/08/2019	Dutch	PDF
Full model	31/12/2017	22/06/2018	22/06/2018	Dutch	PDF
Full model	31/12/2016	27/06/2017	28/06/2017	Dutch	PDF
Full model	31/12/2015	14/06/2016	23/06/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	06/07/2015	Dutch	PDF
Full modelCorrection	31/12/2013	30/06/2014	05/11/2014	Dutch	PDF
Full model	31/12/2013	30/06/2014	02/07/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	16/07/2013	Dutch	PDF
Full model	31/12/2011	12/06/2012	11/07/2012	Dutch	PDF
Full model	31/12/2010	14/06/2011	12/07/2011	Dutch	PDF
Full model	31/12/2009	08/06/2010	30/06/2010	Dutch	PDF
Full model	31/12/2008	09/06/2009	22/06/2009	Dutch	PDF
Full model	31/12/2007	10/06/2008	25/06/2008	Dutch	PDF
Full model	31/12/2006	12/06/2007	11/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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.

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.

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 22 ended

Active mandates

Stéphanie BAUWIN

Director · since 06 juin 2025

Active

Tjaart VAN DER WALT

Director · since 22 février 2017 · until 06 juin 2025

Active

Thierry Marin

Director · since 01 mai 2011

Active

Ended mandates

Thierry Marin

Director · since 01 mai 2021

Ended

Eliahu Avraham Ben-Shoshan

Director · since 22 février 2017 · until 31 mai 2020

Ended

Eliahu Avraham Ben-Shoshan

Director · since 22 février 2017

Ended

Eliahu Avraham Ben-Shoshan

Administrator - manager · since 22 février 2017

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates07/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/02/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/01/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/07/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/04/2017
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2024
Annual accounts 202414,6 M €↑
2023
Annual accounts 20239,6 M €↑
2022
Annual accounts 20228,8 M €↑
2021
Annual accounts 20217,3 M €↑
2020
Annual accounts 20202 M €↓
2019
Annual accounts 20197,6 M €↑
2018
Annual accounts 20186,7 M €↑
2017
Annual accounts 20172,8 M €↓
2016
Annual accounts 20165,7 M €↑
2015
Annual accounts 20154,1 M €↓
2013
Annual accounts 20136,6 M €↑
2012
Annual accounts 20126,2 M €↑
2011
Annual accounts 20113,4 M €↓
2010
Annual accounts 20104,5 M €↑
2009
Annual accounts 20092,9 M €↑
2008
Annual accounts 20082,5 M €↓
2007
Annual accounts 20073 M €↓
2006
Annual accounts 20063,5 M €
11/07/2005
IncorporationPrivate limited company

MECS EUROPE/AFRICA

Overview

Identity

Financials

Valuation

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

Timeline