ACTIVE

MKL

Financial year 2025 · Closed on 31/12/2025

Net result1,3 M €+12,9 %over 1 year
Revenue45,6 M €+4,6 %over 1 year
Equity53,5 M €+1,0 %over 1 year
Workforce536,8 ETP+9,4 %over 1 year

Identity

Source · BCE/KBO

MKL is a Non-profit organization incorporated in 1922. Its main activity is: Pre-primary education. Its registered office is in Edegem. It employs on average 536,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0410.025.037
Incorporation
17/02/1922
Legal form
Non-profit organization
Registered office
Drie Eikenstraat 659
2650 Edegem · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
536,8 ETP
Joint committees (4)
  • 10201
  • 10202
  • 31901
  • 330
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue45,6 M €43,6 M €40,1 M €37,6 M €34,3 M €
EBITDA5,4 M €5,5 M €2 M €4,5 M €4,8 M €
Operating result2 M €2 M €-1,6 M €841,3 k €909,8 k €
Net result1,3 M €1,2 M €-2,3 M €-768,1 k €118,7 k €
Balance sheet
Equity53,5 M €53 M €52,6 M €55,7 M €57,3 M €
Total assets85,6 M €82,3 M €85,2 M €89,6 M €93,1 M €
Cash1,5 M €1,7 M €3 M €2,1 M €2,9 M €
Debts31 M €28,4 M €31,7 M €33,3 M €35,1 M €
Other
Workforce536,8 ETP490,9 ETP487,3 ETP498,9 ETP503,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

11 active · 13 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Francois-Xavier CASTELEIN
MandateDirector15/06/2005 → 2021 accountsended
Godefroi LE GRELLE
MandateDirector18/06/2014 → 2021 accountsended
Nathalie Meert
MandateDirector10/06/2020 → 2021 accountsended
Thierry LAPORTA
MandateDirector15/06/2005 → 2021 accountsended
Yves FORTEMS
MandateDirector19/06/2013 → 2021 accountsended
Carole BILLIET
MandateDirector16/06/2010 → 2021 accountsended
Jean-Pierre WATERKEYN
MandateVice-chairman of the board of directors15/06/2016 → 2021 accountsendedDirector15/06/2005 → 2017 accountsended
Pascal THEUNEN
MandateDirector15/06/2016 → 2021 accountsended
Stephan Van den Eynde
MandateDirector12/06/2019 → 2021 accountsended
Dimitri Buytaert
Mandate
Peter De Becker
Mandate

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Benoit MEERT
Director14/06/2017 → 2021 accounts
Jean-Pierre VAN HOORICKX
Chairman of the board of directors14/06/2017 → 2021 accounts

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date23/06/202617/06/202527/06/202423/06/202323/06/202307/07/2021
General meeting17/06/202604/06/202519/06/202413/06/202316/06/202216/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202517/06/202623/06/2026DutchPDF
Full model31/12/202404/06/202517/06/2025DutchPDF
Full model31/12/202319/06/202427/06/2024DutchPDF
Full model31/12/202213/06/202323/06/2023DutchPDF
Full modelCorrection31/12/202116/06/202223/06/2023DutchPDF
Full model31/12/202116/06/202228/06/2022DutchPDF
Full model31/12/202016/06/202107/07/2021DutchPDF
Full model31/12/201910/06/202003/07/2020DutchPDF
Full model31/12/201812/06/201910/07/2019DutchPDF
Full model31/12/201713/06/201809/07/2018DutchPDF
Full model31/12/201614/06/201713/07/2017DutchPDF
Full model31/12/201515/06/201605/08/2016DutchPDF
Full model31/12/201416/06/201514/07/2015DutchPDF
Full model31/12/201318/06/201416/07/2014DutchPDF
Full model31/12/201219/06/201315/07/2013DutchPDF
Full model31/12/201120/06/201224/08/2012DutchPDF
Full model31/12/201015/06/201128/06/2011DutchPDF
Full model31/12/200916/06/201030/06/2010DutchPDF
Full model31/12/200817/06/200921/08/2009DutchPDF
Full model31/12/200718/06/200822/07/2008DutchPDF
Full model31/12/200613/06/200716/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

11 active · 13 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Francois-Xavier CASTELEIN
MandateDirector15/06/2005 → 2021 accountsended
Godefroi LE GRELLE
MandateDirector18/06/2014 → 2021 accountsended
Nathalie Meert
MandateDirector10/06/2020 → 2021 accountsended
Thierry LAPORTA
MandateDirector15/06/2005 → 2021 accountsended
Yves FORTEMS
MandateDirector19/06/2013 → 2021 accountsended
Carole BILLIET
MandateDirector16/06/2010 → 2021 accountsended
Jean-Pierre WATERKEYN
MandateVice-chairman of the board of directors15/06/2016 → 2021 accountsendedDirector15/06/2005 → 2017 accountsended
Pascal THEUNEN
MandateDirector15/06/2016 → 2021 accountsended
Stephan Van den Eynde
MandateDirector12/06/2019 → 2021 accountsended
Dimitri Buytaert
Mandate
Peter De Becker
Mandate

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Benoit MEERT
Director14/06/2017 → 2021 accounts
Jean-Pierre VAN HOORICKX
Chairman of the board of directors14/06/2017 → 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other14/07/2026
    VZW: wijziging
    PDF
  • Other21/11/2025
    DIVERSEN
    PDF
  • Mandates24/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares24/07/2025
    KAPITAAL - AANDELEN
    PDF
  • Mandates30/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/08/2020
    BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation1922
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Godefroi Le Grelle
Yves Fortems
Nathalie Meert
Thierry Laporta
Pascal Theunen
Dimitri Buytaert
Jean-Pierre Waterkeyn
Francois-Xavier Castelein
Peter De Becker
Carole Billiet
Stephan Van den Eynde
Jean-Pierre VAN HOORICKX
1966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
MKL
Drie Eikenstraat 659, 2650 Edegem
Director
Director
Director
Director
Director
Vice-chairman of the board of directorsDirector
Director
Director
Director
Chairman of the board of directorsDirector
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Drie Eikenstraat 659, 2650 EdegemCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00185442

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MKLCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00185442

Events

  1. 2025
    Annual accounts 20251,3 M €↑
  2. 04/06/2025
    reconductionBILLIET Carola Marie · bestuurder
  3. 04/06/2025
    reconductionWATERKEYN Jean Pierre · bestuurder
  4. 04/06/2025
    reconductionTHEUNEN Pascal Michel · bestuurder
  5. 04/06/2025
    reconductionVAN DEN EYNDE Stephan Marc · bestuurder
  6. 2024
    Annual accounts 20241,2 M €↑
  7. 2023
    Annual accounts 2023-2,3 M €↓
  8. 14/06/2023
    nominationGodefroi le Grelle · voorzitterschap
  9. 13/06/2023
    reconductionFrancols-Xavier Castelein · bestuurder
  10. 13/06/2023
    reconductionYves Fortems · bestuurder
  11. 13/06/2023
    reconductionThierry Laporta · bestuurder
  12. 13/06/2023
    reconductionGodefroi le Grelle · bestuurder
  13. 13/06/2023
    reconductionJean-Pierre Van hoorickx · bestuurder
  14. 13/06/2023
    reconductionNathalie Meert · bestuurder
  15. 13/06/2023
    nominationPeter De Becker · bestuurder
  16. 13/06/2023
    nominationDimitri Buytaert · bestuurder
  17. 13/06/2023
    nominationJo Van Baelen · commissaris-bedrijfsrevisor
  18. 2022
    Annual accounts 2022-768,1 k €↓
  19. 2021
    Annual accounts 2021118,7 k €↓
  20. 2020
    Annual accounts 2020501,7 k €↓
  21. 2019
    Annual accounts 20191,9 M €↑
  22. 2018
    Annual accounts 2018887,6 k €↓
  23. 2017
    Annual accounts 20171,2 M €↑
  24. 2016
    Annual accounts 20161,1 M €↑
  25. 2015
    Annual accounts 2015874,6 k €↑
  26. 2014
    Annual accounts 201436,4 k €↑
  27. 2013
    Annual accounts 2013-1,2 M €↓
  28. 2012
    Annual accounts 2012-171,1 k €↓
  29. 2011
    Annual accounts 20111,4 M €↑
  30. 2010
    Annual accounts 20101,2 M €↑
  31. 2009
    Annual accounts 20091,2 M €↓
  32. 2008
    Annual accounts 20081,7 M €↑
  33. 2007
    Annual accounts 20071,6 M €
  34. 17/02/1922
    IncorporationNon-profit organization