ACTIVE

RED MORPHO

Financial year 2025 · closed on 31/12/2025
Net result
-35,5 k €
-11.1% YoY
Gross margin
-30,8 k €
-189.0% YoY
Equity
217,6 k €
-14.0% YoY
Workforce
0,0 ETP

What does RED MORPHO do?

RED MORPHO is a Public limited company incorporated in 1970. Its main activity is: Development of building projects. Its registered office is in Brugge.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0407.209.166
Incorporation
01/07/1970
Legal form
Public limited company
Registered office
Augustijnenrei 15 box 8
8000 Brugge · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Joint committees (2)
  • 126
  • 218
Contacts
2 public details availableLog in to view
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin-30,8 k €-10,7 k €1,5 k €-23,4 k €165,5 k €-50,2 k €55,4 k €11,9 k €-8,5 k €354 k €-120,4 k €-406,5 k €500,5 k €650,1 k €1,2 M €1,3 M €1,5 M €1,3 M €985,5 k €
EBITDA-32 k €-12,4 k €377,6 €-25,3 k €94,3 k €-59 k €29,5 k €6,6 k €-12,6 k €344 k €-136,7 k €-529,2 k €-59 k €-200,9 k €318,9 k €497,8 k €599,2 k €483,3 k €393,1 k €
Operating result-54,5 k €-33,7 k €-21,6 k €-47,9 k €63,5 k €-97,4 k €-14,8 k €-17,9 k €-27,9 k €324,3 k €-152,3 k €-563,8 k €-217 k €-412,4 k €90,3 k €210,4 k €267,1 k €171,4 k €104,4 k €
Net result-35,5 k €-32 k €-19,9 k €-46,4 k €74 k €-97,5 k €-39,1 k €-1,3 k €-4,7 k €197,4 k €430,2 k €157,4 k €12,5 k €-456,8 k €17,6 k €117,2 k €145,2 k €-20,6 k €60,6 k €
Balance sheet
Equity217,6 k €253,1 k €285,1 k €304,9 k €351,4 k €297,4 k €394,9 k €487 k €628 k €871,7 k €996,4 k €1 M €1 M €1 M €1,5 M €1,5 M €1,3 M €1,3 M €1 M €
Total assets2,1 M €480,6 k €513,7 k €563,2 k €648,9 k €771,4 k €958,4 k €971,7 k €800,6 k €1,2 M €1,1 M €1,4 M €2,3 M €2,8 M €3,4 M €3,3 M €3,8 M €4 M €3,9 M €
Cash377,2 k €10,9 k €402,7 €98,9 k €4,3 k €6 k €27,5 k €64 k €6,1 k €42,5 k €406,9 k €145,1 k €35,7 k €10,8 k €91,5 k €55,6 k €406,5 k €117,6 k €61,2 k €
Debts1,8 M €158,3 k €155,6 k €181,5 k €216,2 k €354,1 k €440 k €339 k €24,4 k €154,7 k €152,9 k €400,3 k €1,3 M €1,8 M €1,9 M €1,7 M €2,5 M €2,6 M €2,8 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP1,5 ETP8,7 ETP21,1 ETP21,7 ETP22,5 ETP22,9 ETP20,7 ETP17,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 19 ended

Active mandates

FRANGIPANI

Managing director · since 26 mai 2020 · until 26 mai 2026 · 0417.030.219

Represented by Ghekiere Francis

Active

Ended mandates

Anitha Daniel

Director · since 26 mai 2020 · until 25 mai 2026

Ended
FRANGIPANI

Managing director · since 26 mai 2020 · until 25 mai 2026 · 0417.030.219

Represented by Ghekiere FRANCIS

Ended
FRANGIPANI

Director · since 26 mai 2020 · until 25 mai 2026 · 0417.030.219

Represented by Francis Ghekiere

Ended
FRANGIPANI

Managing director · since 26 mai 2020 · until 25 mai 2026 · 0417.030.219

Represented by Ghekiere FRANCIS

Ended
At this address

Other companies at this address

CompanyCBE no.
België BeheerLiquidation
0418.061.189
0457.939.077
E4MEDICALActive
0642.799.402
FRANGIPANIActive
0417.030.219
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/07/202618/07/202511/07/202416/06/202302/06/202230/07/2021
General meeting26/05/202626/05/202527/05/202430/05/202323/05/202221/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/05/202616/07/2026DutchPDF
Abridged model31/12/202426/05/202518/07/2025DutchPDF
Abridged model31/12/202327/05/202411/07/2024DutchPDF
Abridged model31/12/202230/05/202316/06/2023DutchPDF
Abridged model31/12/202123/05/202202/06/2022DutchPDF
Abridged model31/12/202021/06/202130/07/2021DutchPDF
Abridged model31/12/201925/05/202024/06/2020DutchPDF
Abridged model31/12/201827/05/201906/06/2019DutchPDF
Abridged model31/12/201730/06/201827/07/2018DutchPDF
Abridged modelCorrection31/12/201611/01/201824/01/2018DutchPDF
Abridged model31/12/201629/05/201719/06/2017DutchPDF
Abridged model31/12/201530/05/201615/06/2016DutchPDF
Abridged model31/12/201426/05/201510/06/2015DutchPDF
Abridged model31/12/201326/05/201409/06/2014DutchPDF
Abridged model31/12/201227/05/201320/06/2013DutchPDF
Abridged model31/12/201129/05/201220/06/2012DutchPDF
Abridged model31/12/201030/05/201127/06/2011DutchPDF
Abridged model31/12/200931/05/201017/06/2010DutchPDF
Abridged model31/12/200825/05/200925/06/2009DutchPDF
Abridged model31/12/200726/05/200829/08/2008DutchPDF
Abridged model31/12/200629/05/200718/06/2007DutchPDF
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.

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 19 ended

Active mandates

FRANGIPANI

Managing director · since 26 mai 2020 · until 26 mai 2026 · 0417.030.219

Represented by Ghekiere Francis

Active

Ended mandates

Anitha Daniel

Director · since 26 mai 2020 · until 25 mai 2026

Ended
FRANGIPANI

Managing director · since 26 mai 2020 · until 25 mai 2026 · 0417.030.219

Represented by Ghekiere FRANCIS

Ended
FRANGIPANI

Director · since 26 mai 2020 · until 25 mai 2026 · 0417.030.219

Represented by Francis Ghekiere

Ended
FRANGIPANI

Managing director · since 26 mai 2020 · until 25 mai 2026 · 0417.030.219

Represented by Ghekiere FRANCIS

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office20/04/2018
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL
    PDF
  • Capital / shares04/07/2014
    KAPITAAL - AANDELEN
    PDF
  • Mandates20/02/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/06/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/07/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/10/2008
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-35,5 k €
  2. 2024
    Annual accounts 2024-32 k €
  3. 2023
    Annual accounts 2023-19,9 k €
  4. 2022
    Annual accounts 2022-46,4 k €
  5. 2021
    Annual accounts 202174 k €
  6. 2020
    Annual accounts 2020-97,5 k €
  7. 2019
    Annual accounts 2019-39,1 k €
  8. 2018
    Annual accounts 2018-1,3 k €
  9. 2017
    Annual accounts 2017-4,7 k €
  10. 2017
    Name changeRed Morpho
  11. 2016
    Annual accounts 2016197,4 k €
  12. 2015
    Annual accounts 2015430,2 k €
  13. 2014
    Annual accounts 2014157,4 k €
  14. 2013
    Annual accounts 201312,5 k €
  15. 2012
    Annual accounts 2012-456,8 k €
  16. 2011
    Annual accounts 201117,6 k €
  17. 2010
    Annual accounts 2010117,2 k €
  18. 2009
    Annual accounts 2009145,2 k €
  19. 2008
    Annual accounts 2008-20,6 k €
  20. 2007
    Annual accounts 200760,6 k €
  21. 2007
    Name changeBARA
  22. 01/07/1970
    IncorporationPublic limited company