MORTIERBRIGADE
ActiveSummary
MORTIERBRIGADE has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €446,343 and a net result of €758,407. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 16% of 1101 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
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Signals
This company filed its last 7 accounts on average 34 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
History
On 17 November 2004, MORTIERBRIGADE was incorporated.1 In 2011 the registered office moved to Brussel.2 GROUP94 and PRODUCTBRIGADE were merged into the company in 2021.3 Of the 5 current board members, 62MILES has served longest, since 2021.4 Revenue went from EUR 15 million in 2021 to EUR 17 million in 2024 and headcount from 36.8 to 24.7 full-time equivalents.5
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Financials · fiscal year 2024, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
- 2022 Net result -62% on 2021. Merger absorbing GROUP94, effective 13-07-2021, in the previous fiscal year; now counts for a full year for the first time. Merger absorbing PRODUCTBRIGADE, effective 13-07-2021, in the previous fiscal year; now counts for a full year for the first time.
Peer companies
Historical observationOf the 496 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency under 10%
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 496 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €14.7m | €12.3m | €13.0m | €15.1m | ▲ 16.2% |
| Turnover70 | €11.8m | €15.0m | €12.1m | €12.6m | €16.7m | ▲ 32.6% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | -€289,116 | €69,847 | €308,290 | -€1.7m | ▼ 649% |
| Other operating income74 | - | €43,854 | €56,925 | €36,808 | €38,321 | ▲ 4.1% |
| Non-recurring operating income76A | - | - | - | €51,239 | €39,380 | ▼ 23.1% |
| Operating charges60/66A | - | €13.0m | €11.6m | €11.9m | €14.1m | ▲ 18.4% |
| Goods for resale, raw materials and consumables60 | - | €7.4m | €5.8m | €7.2m | €9.1m | ▲ 25.3% |
| Purchases600/8 | - | €7.4m | €5.8m | €7.2m | €9.1m | ▲ 25.3% |
| Services and other goods61 | - | €2.9m | €3.3m | €2.8m | €3.1m | ▲ 9.9% |
| Remuneration, social security and pensions62 | - | €2.5m | €2.4m | €1.7m | €1.8m | ▲ 6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €199,735 | €208,318 | €138,775 | €98,097 | €70,977 | ▼ 27.6% |
| Other operating charges640/8 | - | €46,974 | €51,065 | €45,038 | €42,224 | ▼ 6.2% |
| Non-recurring operating charges66A | - | €183 | - | €767 | - | - |
| Operating profit (loss)9901 | €1.4m | €1.7m | €651,907 | €1.1m | €1.1m | ▼ 7.2% |
| Financial income75/76B | - | €44,153 | €33,122 | €143 | €843 | ▲ 491% |
| Recurring financial income75 | €124,271 | €340 | €2,347 | €143 | €843 | ▲ 491% |
| Income from financial fixed assets750 | - | - | €2,258 | - | - | - |
| Income from current assets751 | - | €176 | - | €1 | €0 | ▼ 48.7% |
| Other financial income752/9 | - | €164 | €89 | €142 | €843 | ▲ 494% |
| Non-recurring financial income76B | - | €43,812 | €30,775 | - | - | - |
| Financial charges65/66B | - | €11,424 | €8,843 | €10,530 | €11,616 | ▲ 10.3% |
| Recurring financial charges65 | €12,914 | €11,424 | €8,843 | €10,530 | €11,616 | ▲ 10.3% |
| Debt charges650 | €6,829 | €3,941 | €1,175 | €3,446 | €3,788 | ▲ 9.9% |
| Other financial charges652/9 | - | €7,483 | €7,667 | €7,083 | €7,827 | ▲ 10.5% |
| Profit (loss) for the period before taxes9903 | €1.5m | €1.7m | €676,186 | €1.1m | €1.0m | ▼ 7.3% |
| Income taxes67/77 | €395,429 | €466,386 | €198,827 | €308,979 | €287,985 | ▼ 6.8% |
| Taxes670/3 | - | €466,386 | €199,508 | €309,607 | €287,985 | ▼ 7.0% |
| Tax adjustments and reversals of tax provisions77 | - | - | €681 | €628 | - | - |
| Profit (loss) for the period9904 | €1.1m | €1.3m | €477,359 | €820,186 | €758,407 | ▼ 7.5% |
| Transfer to tax-exempt reserves689 | - | €10,353 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €1.1m | €1.3m | €477,359 | €820,186 | €758,407 | ▼ 7.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.9m | €6.8m | €4.8m | €8.1m | €7.3m | ▼ 10.5% |
| Fixed assets21/28 | €949,963 | €326,830 | €247,096 | €268,540 | €237,134 | ▼ 11.7% |
| Intangible fixed assets21 | €4,302 | €8,565 | €12,918 | €9,264 | €5,641 | ▼ 39.1% |
| Tangible fixed assets22/27 | €362,955 | €269,688 | €185,600 | €101,599 | €74,168 | ▼ 27.0% |
| Plant, machinery and equipment23 | - | €58,102 | €43,624 | €31,414 | €33,320 | ▲ 6.1% |
| Furniture and vehicles24 | - | €144,428 | €98,080 | €50,865 | €22,168 | ▼ 56.4% |
| Other tangible fixed assets26 | - | €67,158 | €43,896 | €19,319 | €18,679 | ▼ 3.3% |
| Financial fixed assets28 | €582,706 | €48,577 | €48,577 | €157,677 | €157,325 | ▼ 0.2% |
| Other financial fixed assets284/8 | - | €48,577 | €48,577 | €157,677 | €157,325 | ▼ 0.2% |
| Shares284 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Amounts receivable and cash guarantees285/8 | - | €38,577 | €38,577 | €147,677 | €147,325 | ▼ 0.2% |
| Current assets29/58 | €6.0m | €6.4m | €4.5m | €7.8m | €7.0m | ▼ 10.4% |
| Stocks and contracts in progress3 | €39,361 | €11,825 | €33,273 | €84,582 | €867,031 | ▲ 925% |
| Contracts in progress37 | - | €11,825 | €33,273 | €84,582 | €867,031 | ▲ 925% |
| Amounts receivable within one year40/41 | €3.4m | €4.1m | €2.8m | €5.7m | €3.7m | ▼ 34.9% |
| Trade receivables40 | - | €4.1m | €2.7m | €5.6m | €3.6m | ▼ 35.8% |
| Other amounts receivable41 | - | - | €75,197 | €64,531 | €92,000 | ▲ 42.6% |
| Current investments50/53 | €1.5m | €988,033 | €4,691 | €4,668 | €1,000 | ▼ 78.6% |
| Other investments51/53 | - | €988,033 | €4,691 | €4,668 | €1,000 | ▼ 78.6% |
| Cash at bank and in hand54/58 | €1.0m | €1.3m | €1.6m | €2.0m | €2.4m | ▲ 18.0% |
| Deferred charges and accrued income490/1 | - | €37,987 | €14,296 | €9,010 | €44,107 | ▲ 390% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.9m | €6.8m | €4.8m | €8.1m | €7.3m | ▼ 10.5% |
| Equity10/15 | €435,990 | €446,343 | €446,343 | €446,343 | €446,343 | = |
| Contributions10/11 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Capital10 | - | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Issued capital100 | - | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Revaluation surpluses12 | - | €10,353 | €10,353 | €10,353 | €10,353 | = |
| Reserves13 | €90,000 | €90,000 | €90,000 | €90,000 | €90,000 | = |
| Non-distributable reserves130/1 | - | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Legal reserve130 | - | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Tax-exempt reserves132 | - | €75,000 | - | - | - | - |
| Distributable reserves133 | - | - | €75,000 | €75,000 | €75,000 | = |
| Profit (loss) carried forward14 | €195,990 | €195,990 | €195,990 | €195,990 | €195,990 | = |
| Amounts payable17/49 | €6.5m | €6.3m | €4.3m | €7.7m | €6.8m | ▼ 11.1% |
| Amounts payable after more than one year17 | €136,504 | €63,643 | €17,869 | - | - | - |
| Financial debts170/4 | - | €63,643 | €17,869 | - | - | - |
| Credit institutions173 | - | €63,643 | €17,869 | - | - | - |
| Amounts payable within one year42/48 | €5.8m | €5.7m | €4.1m | €7.6m | €6.8m | ▼ 10.9% |
| Current portion of amounts payable after more than one year42 | - | €73,433 | €46,352 | €18,454 | €32,275 | ▲ 74.9% |
| Financial debts43 | - | €4,186 | - | €139,624 | - | - |
| Credit institutions430/8 | - | - | - | €139,624 | - | - |
| Other loans439 | - | €4,186 | - | - | - | - |
| Trade debts44 | €3.6m | €3.4m | €2.4m | €5.0m | €3.3m | ▼ 34.0% |
| Suppliers440/4 | - | €3.4m | €2.4m | €5.0m | €3.3m | ▼ 34.0% |
| Advances received on contracts in progress46 | - | €169,288 | €282,519 | €1.3m | €1.9m | ▲ 43.7% |
| Taxes, remuneration and social security45 | - | €728,056 | €520,974 | €331,999 | €788,580 | ▲ 138% |
| Taxes450/3 | - | €433,181 | €256,014 | €109,115 | €455,221 | ▲ 317% |
| Remuneration and social security454/9 | - | €294,875 | €264,960 | €222,884 | €333,359 | ▲ 49.6% |
| Other amounts payable47/48 | - | €1.3m | €792,057 | €820,186 | €758,407 | ▼ 7.5% |
| Accrued charges and deferred income492/3 | - | €562,905 | €211,910 | €21,782 | €10,508 | ▼ 51.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.1m | €1.3m | €477,359 | €820,186 | €758,407 | ▼ 7.5% |
| + Depreciation and write-downs630 | €199,735 | €208,318 | €138,775 | €98,097 | €70,977 | ▼ 27.6% |
| Operating cash flow (approximation) | €1.3m | €1.5m | €616,134 | €918,283 | €829,384 | ▼ 9.7% |
| Investment in fixed assets (approximation) | - | €414,815 | -€59,041 | -€119,541 | -€39,571 | ▲ 66.9% |
| Change in cash | - | €310,419 | €305,833 | €378,793 | €364,418 | ▼ 3.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
10-07
State Gazette act
Resignation: Philippe De Ceuster (director)2 facts ▸
- General meeting, 30-06-2026
- Director resignation, Philippe De Ceuster (director)
18-01
State Gazette act
Appointment: Finvision Bedrijfsrevisoren Antwerpen BV (statutory auditor)Permanent representative: Karel Nijs3 facts ▸
- General meeting, 02-10-2023
- Auditor appointment, Finvision Bedrijfsrevisoren Antwerpen BV (statutory auditor)
- Permanent representative, Karel Nijs
05-09
State Gazette act
Resignations: Jens Mortier, Jan Joost Berends and 3 othersReappointments: Jens Mortier, Jan Joost Berends and 3 others · Permanent representatives: Evert Vermeire and Vincent D'Halluin13 facts ▸
- General meeting, 10-07-2023
- Director resignation, Jens Mortier (director)
- Director resignation, Jan Joost Berends (director)
- Director resignation, Philippe De Ceuster (director)
- Director resignation, Bataljon BV (director)
- Director resignation, Brand Division BV (director)
- Director reappointment, Jens Mortier (director)
- Director reappointment, Jan Joost Berends (director)
- Director reappointment, Philippe De Ceuster (director)
- Director reappointment, Bataljon BV (director)
- Director reappointment, Brand Division BV (director)
- Permanent representative, Evert Vermeire
- +1 further facts in this act
05-08
State Gazette act
Statutes amendment · RestructuringMerger · Accounting effect · Dissolution10 facts ▸
- General meeting, 13-07-2021
- Merger, geruisloze fusie, 13-07-2021
- Merger, geruisloze fusie, 13-07-2021
- Accounting effect, 01-04-2021
- Dissolution, 13-07-2021
- Dissolution, 13-07-2021
- Approval, 31-03-2021
- Statutes amendment
- Capital, €150.000
- Power of attorney, Ad-Ministerie BV
Show earlier events
31-05
State Gazette act
Reappointment: Deloitte Bedrijfsrevisoren CVBA (statutory auditor)Mandate compensation3 facts ▸
- General meeting, 22-05-2020
- Auditor reappointment, Deloitte Bedrijfsrevisoren CVBA
- Mandate compensation, Deloitte Bedrijfsrevisoren CVBA
31-05
State Gazette act
RestructuringMerger · Accounting effect · Power of attorney5 facts ▸
- Merger, Mortierbrigade is the absorbing company, Productbrigade and Group94 are the absorbed companies., fusion by absorption
- Merger, Mortierbrigade is the absorbing company, Productbrigade and Group94 are the absorbed companies., fusion by absorption
- Accounting effect, 01-04-2021
- Power of attorney, Argo Law BV
- Power of attorney, Ad-Ministerie BV
03-03
State Gazette act
Appointment: Oh Yes BV (director)Permanent representative: Geert Bogaert5 facts ▸
- General meeting, 31-01-2021
- Director appointment, Oh Yes BV (director)
- Permanent representative, Geert Bogaert
- Board meeting, 31-01-2021
- Director appointment, Oh Yes BV (managing director)
12-07
State Gazette act
Reappointment: Deloitte Bedrijfsrevisoren CVBA (statutory auditor)Appointment: Brand Division BVBA (class B director) · Permanent representative: Vincent D'Halluin · Mandate compensation5 facts ▸
- General meeting, 18-05-2017
- Auditor reappointment, Deloitte Bedrijfsrevisoren CVBA (statutory auditor)
- Director appointment, Brand Division BVBA (class B director)
- Permanent representative, Vincent D'Halluin (permanent representative)
- Mandate compensation, Vincent D'Halluin
13-12
State Gazette act
Appointments: Jins Mortier, Jan Berends and 2 othersPermanent representative: Evert Vermeire · Mandate compensation · Mandate term15 facts ▸
- General meeting, 02-11-2016
- Director appointment, Jins Mortier (director)
- Director appointment, Jan Berends (director)
- Director appointment, Philippe De Ceuster (director)
- Director appointment, BATALJON BVBA (director)
- Permanent representative, Evert Vermeire
- Mandate compensation, Jins Mortier
- Mandate compensation, Jan Berends
- Mandate compensation, Philippe De Ceuster
- Mandate compensation, BATALJON BVBA
- Mandate term, einde onmiddellijk na goedkeuring jaarrekening 31/12/2021
- Mandate term, einde onmiddellijk na goedkeuring jaarrekening 31/12/2021
- +3 further facts in this act
23-05
State Gazette act
Statutes amendment · Resignations & appointments6 facts ▸
- General meeting, 29-04-2016
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
03-04
State Gazette act
Reappointment: Deloitte bedrijfsrevisoren CVBA (statutory auditor)Mandate compensation3 facts ▸
- General meeting, 01-04-2014
- Auditor reappointment, Deloitte bedrijfsrevisoren CVBA (statutory auditor)
- Mandate compensation, Deloitte bedrijfsrevisoren CVBA
24-04
State Gazette act
Reappointment: DELOITTE BEdrijfsrevisoren (statutory auditor)Mandate compensation3 facts ▸
- General meeting, 01-04-2011
- Auditor reappointment, DELOITTE BEdrijfsrevisoren (statutory auditor)
- Mandate compensation, DELOITTE BEdrijfsrevisoren
10-11
State Gazette act
Registered officeRegistered-office move2 facts ▸
- Board meeting, 24-10-2011
- Registered-office move, Waelhemstraat 77, 1030 Brussel
01-06
State Gazette act
Reappointments: Jins Mortier, Jan Berends and Philippe De Ceuster4 facts ▸
- General meeting, 01-04-2010
- Director reappointment, Jins Mortier (director)
- Director reappointment, Jan Berends (director)
- Director reappointment, Philippe De Ceuster (director)
26-05
State Gazette act
Reappointment: DELOITTE Bedrijfsrevisoren CVBA (statutory auditor)Mandate compensation · Power of attorney4 facts ▸
- General meeting, 01-04-2008
- Auditor reappointment, DELOITTE Bedrijfsrevisoren CVBA
- Mandate compensation, DELOITTE Bedrijfsrevisoren CVBA
- Power of attorney, Patrick De Schutter
About the unread acts
Of the 16 Belgian State Gazette acts we know for this company, 15 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Board 6
2 not recently confirmed
Day-to-day management 2
Permanent representatives 3
Statutory auditor 1
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21902A0407/00W005 | Brussels | 1,471 m² | 1 · 401 m² | 15.1 m · 3 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| BATALJON |
|
| Brand Division |
|
| 62MILES |
|
| Oh Yes BVfrom an act |
|
| Jan Joost Berends |
|
| Jens Mortier |
|
| FINVISION Bedrijfsrevisoren Antwerpen |
|
| Jan Berends |
|
| Jins Mortier |
|
| Philippe De Ceuster |
|
| Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises |
|
Articles of association
Full purpose
Het voorbereiden, ontwerpen, opstellen, aanpas-sen, coördineren en uitvoeren van activiteiten eigen aan een publiciteitsagentschap ... de creatie, ontwikkeling, verbetering, her-stelling, installatie, verkoop, distributie, commercialisering en algemene vertegen-woordiging van websites, logo's en grafisch materiaal ... het verwerven, het beheer, het in licen-tie geven of nemen en het verdelen van industriële en intellectuele eigendomsrech-ten
Structure & network
Owners and holdings
1 ownerChain of control
- 62MILES
- MORTIERBRIGADE
Highest known parent: 62MILES. The sources do not say who stands above it.
Owners 1
- 62MILESparentSourceaccounts 62MILES 2025100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
5 current directorsThe group is listed under Ownership & control below; here you explore it as a network.
Acquisitions and mergers
2 transactionsCapital and shareholders
- 05-08-2021 Capital stated in the act · 150,000 EUR · 150,000 shares
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.