ACTIVE

MCH

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Financial year 2025 · Closed on 30/06/2025

Net result574,5 k €+1 171,2 %over 1 year

Gross margin423,1 k €+63,5 %over 1 year

Equity3 M €+24,0 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

MCH is a Private limited company incorporated in 2005. Its main activity is: Management consultancy activities. Its registered office is in Vilvoorde.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0877.379.252
Incorporation: 21/11/2005
Legal form: Private limited company
Registered office: Leuvensesteenweg 248 box B
1800 Vilvoorde · FlandreSee on map
Contributed capital: 2 012 400,00 €
Latest accounts: 30/06/2025
Average workforce: 0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	423,1 k €	+63.5%	258,7 k €	+343%	58,4 k €	+75.2%	33,4 k €	+164%	-51,8 k €
EBITDA	402 k €	+57.3%	255,6 k €	+4045%	-6,5 k €	+88.8%	-57,9 k €	+52.9%	-123,1 k €
Operating result	373,3 k €	+56.3%	238,8 k €	+1420%	-18,1 k €	+73.8%	-69,1 k €	+48.5%	-134,3 k €
Net result	574,5 k €	+1171%	45,2 k €	+355%	-17,7 k €	+72.7%	-65 k €	-102%	3,1 M €
Balance sheet
Equity	3 M €	+24.0%	2,4 M €	+1.9%	2,3 M €	-0.7%	2,4 M €	-52.0%	4,9 M €
Total assets	5,4 M €	+14.2%	4,7 M €	+11.3%	4,2 M €	+8.9%	3,9 M €	-23.2%	5,1 M €
Cash	8,2 k €	+41.2%	5,8 k €	-19.9%	7,3 k €	+15.0%	6,3 k €	+335%	1,5 k €
Debts	2,4 M €	+4.2%	2,3 M €	+23.0%	1,9 M €	+23.8%	1,5 M €	+931%	148,7 k €
Other
Workforce	0,0 ETP		–		0,0 ETP		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ARENA PRODUCTIONS0841.301.388Represented by Marco GIAGNACOVO	Directorsince 01/03/2025
Stan Croonen	Directorsince 25/09/2024
SHS HOLDING0893.125.916Represented by Michel Croonen	Directorsince 19/06/2013Manager19/06/2013 → 2016 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Marco Giagnacovo	Directorlisted until the 2024 accounts
ASGARD INVEST0884.983.656Represented by Michel Croonen	Manager18/03/2014 → 2016 accountsDirector18/03/2014 → 2023 accounts
Michel Croonen	Director14/11/2005 → 2021 accounts

Other companies at this address

Leuvensesteenweg 248 1800 Vilvoorde

Company	CBE no.
AKZO NOBEL PAINTS BELGIUM● Active	0405.746.050
BUILDING STONE● Active	0882.708.413
Creative Video Productions Belgium● Active	0764.848.166
CULLERA● Active	0647.571.109
DigiNet● Active	0458.002.128
DIGINET HOLDING● Active	0704.607.307
LIVEPOWER● Active	0677.431.073
SHS HOLDING● Active	0893.125.916
V.T.S. INVESTMENT● Active	0442.556.461

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/01/2026	31/01/2025	31/01/2024	31/01/2023	26/01/2022	27/11/2020
General meeting	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	26/11/2020
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, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	31/12/2025	30/01/2026	Dutch	PDF
Abridged model	30/06/2024	31/12/2024	31/01/2025	Dutch	PDF
Abridged model	30/06/2023	31/12/2023	31/01/2024	Dutch	PDF
Abridged model	30/06/2022	31/12/2022	31/01/2023	Dutch	PDF
Abridged model	30/06/2021	31/12/2021	26/01/2022	Dutch	PDF
Abridged model	30/06/2020	26/11/2020	27/11/2020	Dutch	PDF
Abridged model	30/06/2019	30/12/2019	31/01/2020	Dutch	PDF
Micro model	30/06/2018	29/12/2018	26/04/2019	Dutch	PDF
Micro model	30/06/2017	29/12/2017	31/01/2018	Dutch	PDF
Abridged model	30/06/2016	22/03/2017	30/03/2017	Dutch	PDF
Abridged model	30/06/2015	28/12/2015	20/01/2016	Dutch	PDF
Abridged model	30/06/2014	30/12/2014	29/01/2015	Dutch	PDF
Abridged model	30/06/2013	17/01/2014	13/02/2014	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	08/08/2012	Dutch	PDF
Abridged model	31/12/2010	31/08/2011	30/09/2011	Dutch	PDF
Abridged model	31/12/2009	30/07/2010	09/08/2010	Dutch	PDF
Abridged model	31/12/2008	31/07/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	31/07/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	16/08/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ARENA PRODUCTIONS0841.301.388Represented by Marco GIAGNACOVO	Directorsince 01/03/2025
Stan Croonen	Directorsince 25/09/2024
SHS HOLDING0893.125.916Represented by Michel Croonen	Directorsince 19/06/2013Manager19/06/2013 → 2016 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Marco Giagnacovo	Directorlisted until the 2024 accounts
ASGARD INVEST0884.983.656Represented by Michel Croonen	Manager18/03/2014 → 2016 accountsDirector18/03/2014 → 2023 accounts
Michel Croonen	Director14/11/2005 → 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office15/06/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates23/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/10/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/05/2021
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Capital / shares05/01/2016
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates02/04/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/07/2013
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other29/01/2013
ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

ARENA PRODUCTIONS

Stan Croonen

SHS HOLDING

Marco Giagnacovo

ASGARD INVEST

Michel Croonen

ASGARD VASTGOED

2005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

MCH

Aarschotsestraat A 87, 1800 Vilvoorde

Director

DirectorManager

ManagerDirector

DirectorManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Leuvensesteenweg 248 bte B, 1800 VilvoordeCurrent		CBE
Aarschotsestraat 87 bte A, 1800 Vilvoorde	accounts 2025	Accounts 2025 · 2026-00033017
Aarschotsestraat 87/A, 1800 Vilvoorde	accounts 2024	Accounts 2024 · 2025-00030575
Aarschotsestraat A 87, 1800 Vilvoorde	accounts 2022 → 2023	Accounts 2023 · 2024-00021276

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MCHCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00033017

Events

2025
Annual accounts 2025574,5 k €↑
2024
Annual accounts 202445,2 k €↑
2023
Annual accounts 2023-17,7 k €↑
2022
Annual accounts 2022-65 k €↓
2021
Annual accounts 20213,1 M €↑
2020
Annual accounts 202047,8 k €↑
2019
Annual accounts 2019-79,6 k €↓
2018
Annual accounts 2018207,9 k €↑
2017
Annual accounts 2017-39,2 k €↓
2016
Annual accounts 2016221,8 k €↑
2015
Annual accounts 2015-191,6 k €↑
2014
Annual accounts 2014-560,5 k €↓
2013
Annual accounts 2013271,8 k €↑
2011
Annual accounts 201128,1 k €↑
2010
Annual accounts 2010-176,2 k €↓
2009
Annual accounts 2009-36,2 k €↓
2008
Annual accounts 2008294,5 k €↑
2007
Annual accounts 200744,9 k €↑
2006
Annual accounts 2006-160,8 k €
21/11/2005
IncorporationPrivate limited company

MCH

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

Registered offices

Company names

Events