M18 Executive Search
0880.902.431 · rovalta.com · 21/09/2026
ACTIVE
M18 Executive Search
Financial year 2025 · closed on 31/03/2025
Net result
20,5 k €
+851.7% YoY
Gross margin
329,1 k €
+14.6% YoY
Equity
41,5 k €
+97.3% YoY
Overview
What does M18 Executive Search do?
M18 Executive Search is a Private limited company incorporated in 2006. Its registered office is in Antwerpen.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0880.902.431
Incorporation
25/04/2006
Legal form
Private limited company
Registered office
Uitbreidingstraat 66 box 63
2600 Antwerpen · FlandreSee on map
2600 Antwerpen · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/03/2025
Joint committees (3)
- 100
- 200
- 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 329,1 k € | +14.6% | 287,3 k € | +0.1% | 287 k € | +8.6% | 264,4 k € | +106% | 128,6 k € | -21.1% | 163 k € | +17.0% | 139,3 k € | -9.0% | 153,2 k € | -17.5% | 185,6 k € | -4.3% | 194 k € | -36.9% | 307,2 k € | +377% | 64,4 k € | +8.9% | 59,1 k € | -15.7% | 70,1 k € | -39.4% | 115,7 k € | +36.3% | 84,9 k € | -2.3% | 86,8 k € | -53.4% | 186,3 k € | +144% | 76,5 k € |
| EBITDA | 51,4 k € | +88.0% | 27,4 k € | +16.7% | 23,4 k € | -61.3% | 60,6 k € | +322% | -27,3 k € | -272% | 15,9 k € | -4.1% | 16,5 k € | -21.5% | 21,1 k € | -73.4% | 79,2 k € | -24.0% | 104,2 k € | -49.8% | 207,5 k € | +4781% | 4,3 k € | -53.4% | 9,1 k € | +35.6% | 6,7 k € | -90.3% | 69,3 k € | +2600% | 2,6 k € | +103% | -82,1 k € | -1164% | 7,7 k € | -47.9% | 14,8 k € |
| Operating result | 46,6 k € | +105% | 22,7 k € | +19.5% | 19 k € | +22.5% | 15,5 k € | +148% | -32,5 k € | -434% | 9,7 k € | -6.5% | 10,4 k € | -30.4% | 14,9 k € | -80.8% | 77,9 k € | -24.2% | 102,8 k € | -50.2% | 206,6 k € | +6055% | 3,4 k € | -59.2% | 8,2 k € | +41.1% | 5,8 k € | -91.5% | 68,4 k € | +3518% | 1,9 k € | +102% | -82,4 k € | -1208% | 7,4 k € | -49.8% | 14,8 k € |
| Net result | 20,5 k € | +852% | 2,2 k € | -46.4% | 4 k € | -54.7% | 8,9 k € | +124% | -36,9 k € | -2224% | 1,7 k € | -43.9% | 3,1 k € | -46.2% | 5,8 k € | -91.8% | 70,5 k € | -20.8% | 89,1 k € | -53.9% | 193,1 k € | +65035% | 296,4 € | -71.9% | 1,1 k € | +76.1% | 598,3 € | -99.1% | 66,1 k € | +3823% | 1,7 k € | +102% | -82,4 k € | -7914% | 1,1 k € | -86.3% | 7,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 41,5 k € | +97.3% | 21 k € | +11.4% | 18,9 k € | +27.0% | 14,9 k € | +148% | 6 k € | -86.0% | 42,9 k € | +4.2% | 41,2 k € | +8.1% | 38,1 k € | +17.8% | 32,3 k € | +1.7% | 31,8 k € | +14.7% | 27,7 k € | +89.3% | 14,6 k € | +2.1% | 14,4 k € | +7.9% | 13,3 k € | +4.7% | 12,7 k € | +124% | -53,4 k € | +3.1% | -55,1 k € | -301% | 27,3 k € | +96.3% | 13,9 k € |
| Total assets | 218 k € | +24.7% | 174,9 k € | -7.0% | 187,9 k € | +19.9% | 156,8 k € | -29.4% | 222,2 k € | +94.3% | 114,3 k € | -26.1% | 154,8 k € | +22.3% | 126,5 k € | -21.6% | 161,5 k € | -24.3% | 213,4 k € | -39.5% | 352,6 k € | +347% | 78,9 k € | +48.1% | 53,3 k € | -25.9% | 71,9 k € | -39.0% | 117,8 k € | +51.3% | 77,9 k € | -24.5% | 103,1 k € | -43.5% | 182,4 k € | -43.6% | 323,5 k € |
| Cash | 10,4 k € | -38.7% | 17 k € | +123722% | 13,7 € | -99.9% | 23,5 k € | +22.3% | 19,2 k € | +4.5% | 18,4 k € | +9.2% | 16,8 k € | -15.5% | 19,9 k € | -76.3% | 84,2 k € | +339% | 19,2 k € | -68.5% | 60,9 k € | +1162% | 4,8 k € | +225% | 1,5 k € | +3.8% | 1,4 k € | -95.6% | 32,7 k € | +167% | 12,2 k € | -55.9% | 27,8 k € | -30.4% | 39,9 k € | -48.7% | 77,8 k € |
| Debts | 176,4 k € | +14.7% | 153,8 k € | -8.5% | 168,1 k € | +18.4% | 141,9 k € | -34.4% | 216,2 k € | +203% | 71,4 k € | -37.1% | 113,6 k € | +28.4% | 88,4 k € | -31.5% | 129,2 k € | -28.9% | 181,6 k € | -44.1% | 324,9 k € | +415% | 63,1 k € | +62.3% | 38,9 k € | -33.6% | 58,6 k € | -44.2% | 105,1 k € | -19.9% | 131,3 k € | -17.0% | 158,2 k € | +2.0% | 155,1 k € | -49.8% | 309,2 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | 2,3 ETP | +15.0% | 2,0 ETP | +53.8% | 1,3 ETP | 0.0% | 1,3 ETP | -27.8% | 1,8 ETP | +63.6% | 1,1 ETP | -50.0% | 2,2 ETP | -38.9% | 3,6 ETP | -10.0% | 4,0 ETP | +100% | 2,0 ETP | |||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/03/2025 · 3 active · 8 ended
At this address
Other companies at this address
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|---|---|
8DAYS● Active | 1024.978.313 |
ABL Management● Active | 1033.445.126 |
ADD BUSINESS● Active | 0477.539.710 |
ALL ROUND LOGISTICS ANTWERP● Active | 1037.859.022 |
Alt.3 BE● Active | 1023.440.070 |
Alt.4 BE● Active | 1037.584.254 |
ALTIX BELGIË● Active | 1021.201.647 |
Altix BE MP● Active | 1022.493.034 |
ANGLO - BELGE SPECIAL RISKS● Active | 0465.963.650 |
Arm's and length consulting● Active | 1001.053.856 |
Auroras● Active | 0782.727.147 |
BC Academy● Active | 0792.546.418 |
Brand Compliance België● Active | 0735.675.516 |
Brand Compliance Holding● Active | 0805.887.084 |
Broers Algemene Werken● Active | 0731.834.118 |
CFO RENT● Active | 0733.501.330 |
Claim & Create● Bankrupt | 1025.556.551 |
CLEAN N CARE● Active | 1014.100.653 |
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Financials
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 | 01/04/2024 | 01/04/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 | 01/04/2019 |
| Closing of the financial year | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 08/10/2025 | 30/10/2024 | 31/10/2023 | 17/10/2022 | 26/10/2021 | 23/09/2020 |
| General meeting | 23/09/2025 | 17/09/2024 | 12/10/2023 | 21/09/2022 | 21/09/2021 | 22/09/2020 |
| 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
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/03/2025 | 23/09/2025 | 08/10/2025 | Dutch | |
| Micro model | 31/03/2024 | 17/09/2024 | 30/10/2024 | Dutch | |
| Micro model | 31/03/2023 | 12/10/2023 | 31/10/2023 | Dutch | |
| Micro model | 31/03/2022 | 21/09/2022 | 17/10/2022 | Dutch | |
| Micro model | 31/03/2021 | 21/09/2021 | 26/10/2021 | Dutch | |
| Micro model | 31/03/2020 | 22/09/2020 | 23/09/2020 | Dutch | |
| Micro model | 31/03/2019 | 17/09/2019 | 30/10/2019 | Dutch | |
| Micro model | 31/03/2018 | 18/09/2018 | 21/11/2018 | Dutch | |
| Micro model | 31/03/2017 | 19/09/2017 | 31/10/2017 | Dutch | |
| Abridged model | 31/03/2016 | 20/09/2016 | 31/10/2016 | Dutch | |
| Abridged model | 31/03/2015 | 22/09/2015 | 24/09/2015 | Dutch | |
| Abridged model | 31/03/2014 | 23/09/2014 | 22/10/2014 | Dutch | |
| Abridged model | 31/03/2013 | 17/09/2013 | 16/10/2013 | Dutch | |
| Abridged model | 31/03/2012 | 30/09/2012 | 26/10/2012 | Dutch | |
| Abridged model | 31/03/2011 | 30/09/2011 | 28/10/2011 | Dutch | |
| Abridged model | 31/03/2010 | 28/09/2010 | 14/10/2010 | Dutch | |
| Abridged model | 31/03/2009 | 30/09/2009 | 27/10/2009 | Dutch | |
| Abridged model | 31/03/2008 | 30/09/2008 | 27/11/2008 | Dutch | |
| Abridged model | 31/03/2007 | 09/10/2007 | 29/10/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 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.
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 31/03/2025 · 3 active · 8 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
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
- 2025Annual accounts 202520,5 k €↑
- 2024Annual accounts 20242,2 k €↓
- 2023Annual accounts 20234 k €↓
- 2022Annual accounts 20228,9 k €↑
- 2021Annual accounts 2021-36,9 k €↓
- 2020Annual accounts 20201,7 k €↓
- 2019Annual accounts 20193,1 k €↓
- 2018Annual accounts 20185,8 k €↓
- 2017Annual accounts 201770,5 k €↓
- 2016Annual accounts 201689,1 k €↓
- 2015Annual accounts 2015193,1 k €↑
- 2014Annual accounts 2014296,4 €↓
- 2013Annual accounts 20131,1 k €↑
- 2012Annual accounts 2012598,3 €↓
- 2011Annual accounts 201166,1 k €↑
- 2010Annual accounts 20101,7 k €↑
- 2009Annual accounts 2009-82,4 k €↓
- 2008Annual accounts 20081,1 k €↓
- 2007Annual accounts 20077,7 k €
- 25/04/2006IncorporationPrivate limited company