ACTIVE

VZW Meulestede

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Financial year 2025 · closed on 31/12/2025
Net result
-60,4 k €
+42.1% YoY
Gross margin
44,5 k €
-14.6% YoY
Equity
1,4 M €
-4.1% YoY

What does VZW Meulestede do?

VZW Meulestede is a Non-profit organization incorporated in 1947. Its main activity is: Operation of arts facilities. Its registered office is in Gent.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0408.538.561
Incorporation
01/01/1947
Legal form
Non-profit organization
Registered office
Meulesteedsesteenweg 515
9000 Gent · FlandreSee on map
Latest accounts
31/12/2025
Activities (NACE)
90042Operation of arts facilities· main90312Creative, arts and entertainment activities68201Rental and operating of own or leased real estate68201Rental and operating of own or leased real estate90011Performing arts90012Performing arts+6
Signals
Solid equityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20252024
Income statement
Gross margin44,5 k €52,1 k €
EBITDA14,8 k €-34,2 k €
Operating result-51,1 k €-96,1 k €
Net result-60,4 k €-104,4 k €
Balance sheet
Equity1,4 M €1,5 M €
Total assets1,6 M €1,7 M €
Cash12,5 k €10 k €
Debts187,7 k €192,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 4 ended

Active mandates

Maria Aertsen

Director · since 05 mars 2026

Active
De Vylder Kristiaan

Director · since 30 octobre 2025

Active
Egon Pas

Chairman of the board of directors · since 30 octobre 2025

Active
Joris Rombaut

Director · since 09 juillet 2020

Active
Freddy Ketels

Director · since 13 mars 2003

Active

Ended mandates

Alexander Ballegeer

Director · since 16 octobre 2024

Ended
Marleen Antheunis

Director · since 01 janvier 2023

Ended
Marleen De Loof

Director · since 25 avril 2007

Ended
Albert Vandenberghe

Director · since 13 mars 2003

Ended
Annual accounts

Full financial information

20252024
Type of accountMicro modelMicro model
Start of the financial year01/01/202501/01/2024
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months12 months
Filing date29/06/202602/09/2025
General meeting27/06/202614/07/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202527/06/202629/06/2026DutchPDF
Micro model31/12/202414/07/202502/09/2025DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 4 ended

Active mandates

Maria Aertsen

Director · since 05 mars 2026

Active
De Vylder Kristiaan

Director · since 30 octobre 2025

Active
Egon Pas

Chairman of the board of directors · since 30 octobre 2025

Active
Joris Rombaut

Director · since 09 juillet 2020

Active
Freddy Ketels

Director · since 13 mars 2003

Active

Ended mandates

Alexander Ballegeer

Director · since 16 octobre 2024

Ended
Marleen Antheunis

Director · since 01 janvier 2023

Ended
Marleen De Loof

Director · since 25 avril 2007

Ended
Albert Vandenberghe

Director · since 13 mars 2003

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/02/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/07/2020
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other08/12/2017
    BENAMING
    PDF
  • Other04/06/2015
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025-60,4 k €↑
  2. 2024
    Annual accounts 2024-104,4 k €
  3. 01/01/1947
    IncorporationNon-profit organization