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MELIUS: value indication

Roughly what is an SME worth on what it filed? A range from its adjusted equity and its earnings, with your own assumptions, recalculated as you go.

Value indication

MELIUS

BE 0474.932.982
latest balance sheet 30-06-2023indication, not a valuation or advice

Indicative value of the equity

Indication, not a valuation or advice

The filed figures and these assumptions give no positive value: the adjusted equity and the average result are both zero or negative.

Part of the calculation comes out below zero; a shareholding is never worth less than zero, so the floor is zero.

Adjusted equity -€324

Your assumptions

Capitalised earnings
%

The return a buyer expects on the money put in. Higher for more risk. The range also computes with 2 points more and less.

Adjust the equity
Blend
50%
Optional: your own multiple

Checked holds no market prices, so it suggests no multiple. If you have one from a transaction or a study, the tool applies it to the filed EBITDA less the net financial debt.

Adjusted equity

balance sheet 30-06-2023
Equity (10/15)
-€324
Revaluation of assets
€0
Deferred tax on the revaluation
€0
Other adjustment
€0
Adjusted equity
-€324

Capitalised earnings

net result for the year (9904)
2023
-€216
2022
€3,552
2021
-€9,198
2020
-€2,658
2019
€1,136
Average result
-€1,954
Divided by the capitalisation rate
14% / 12% / 10%
Capitalised earnings
not meaningful: the average result is zero or negative

What this indication leaves out

  • Market prices and comparable transactions: Checked does not hold them.
  • Anything after the latest accounts, and items off the balance sheet (guarantees, leases, disputes).
  • The real value of buildings, stock and receivables: enter your own revaluation or adjustment.
  • The owner's role in the business, synergies for a buyer and the tax consequences of a sale.

For a valuation to decide on: a company auditor or a certified accountant.

Source: filed annual accounts (NBB), latest balance sheet at 30 June 2023. Prepared on 29 September 2026 via checked.be. Indication, not a valuation or advice.