ACTIVE

Meli

Financial year 2025 · closed on 31/12/2025
Net result
2,6 M €
-4.7% YoY
Revenue
51,5 M €
-2.0% YoY
Equity
16,8 M €
+6.3% YoY
Workforce
49,7 ETP
+1.2% YoY

What does Meli do?

Meli is a Public limited company incorporated in 1971. Its main activity is: Wholesale of sugar and chocolate and sugar confectionery. Its registered office is in Veurne. It employs on average 49,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0411.905.847
Incorporation
09/12/1971
Legal form
Public limited company
Registered office
Handelsstraat 13
8630 Veurne · FlandreSee on map
Contributed capital
1 075 000,00 €
Latest accounts
31/12/2025
Average workforce
49,7 ETP
Joint committees (6)
  • 119
  • 11900
  • 200
  • 20000
  • 218
  • 302
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Revenue51,5 M €52,6 M €56,4 M €53,2 M €44,3 M €50,4 M €48,7 M €44,5 M €42,8 M €39 M €35,8 M €32,8 M €29,5 M €25 M €21,7 M €18,8 M €15,8 M €14,2 M €
EBITDA3,6 M €4,3 M €4,5 M €2,1 M €3,5 M €4,8 M €4,8 M €4,1 M €2 M €5,5 M €3,9 M €3,3 M €3,7 M €3,1 M €2,4 M €2,9 M €2,1 M €2,3 M €
Operating result2,8 M €3,4 M €3,8 M €1,6 M €1,8 M €3,8 M €3,9 M €3,2 M €944,3 k €4,6 M €3 M €2,4 M €2,7 M €2,1 M €1,3 M €1,7 M €1,4 M €1,6 M €
Net result2,6 M €2,8 M €2,7 M €1,3 M €914,1 k €2,3 M €2,5 M €1,9 M €1,2 M €2,5 M €1,8 M €1,3 M €1,7 M €985,9 k €723,9 k €940,5 k €879,3 k €1,3 M €
Balance sheet
Equity16,8 M €15,8 M €14,8 M €13,8 M €13,2 M €11 M €10 M €9 M €8,1 M €7,6 M €6,4 M €5,6 M €5 M €3,9 M €6,9 M €6,7 M €6,2 M €5,5 M €
Total assets39,1 M €43,1 M €36,4 M €44,4 M €40,8 M €30,8 M €36,2 M €34,2 M €30,4 M €24 M €22 M €21,7 M €20,2 M €18,7 M €18 M €18,3 M €13,6 M €12,1 M €
Cash139,1 k €371,6 k €751,9 k €1,1 M €1,1 M €1,1 M €563 k €508,4 k €788,9 k €748,1 k €465,6 k €1 M €826,3 k €437,8 k €646,7 k €689,5 k €156,5 k €376,5 k €
Debts21,7 M €26,9 M €21,2 M €30,2 M €27,1 M €19,4 M €25,5 M €24,7 M €21,8 M €15,7 M €15,2 M €15,9 M €14,9 M €14,7 M €10,9 M €11,4 M €6,9 M €6,3 M €
Other
Workforce49,7 ETP49,1 ETP48,8 ETP47,6 ETP50,9 ETP54,4 ETP50,5 ETP49,4 ETP45,0 ETP41,9 ETP42,6 ETP40,3 ETP35,8 ETP36,1 ETP34,4 ETP31,6 ETP28,9 ETP28,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 12 active · 100 ended

Active mandates

ELGI COMPANY

Managing director · since 01 octobre 2025 · until 29 mai 2026 · 0744.916.250

Represented by Koenraad Steurbaut

Active
ALL MANAGEMENT SUPPORTS SILLIS

Managing director · since 31 mai 2024 · until 31 décembre 2025 · 0897.924.248

Represented by Luc Sillis

Active
Caroline De Moor

Director · since 31 mai 2024 · until 29 mai 2026

Active
CENES

Director · since 31 mai 2024 · until 29 mai 2026 · 0451.552.222

Represented by Philip Cammaert

Active
DUNAFLOR

Director · since 31 mai 2024 · until 29 mai 2026 · 0845.576.120

Represented by Nicole Florizoone

Active
FENIKS AMUSEMENT

Director · since 31 mai 2024 · until 29 mai 2026 · 0458.314.112

Represented by Guy Florizoone

Active
FLORIZOONE PAUL & CO

Director · since 31 mai 2024 · until 29 mai 2026 · 0894.427.595

Represented by Paul Florizoone

Active
Peter Florizoone

Director · since 31 mai 2024 · until 29 mai 2026

Active
Promotus

Director · since 31 mai 2024 · until 31 décembre 2025 · 0425.890.475

Represented by Dirk Van Den Broeck

Active
Robert Florizoone

Director · since 31 mai 2024 · until 29 mai 2026

Active
Roland Florizoone

Director · since 31 mai 2024 · until 29 mai 2026

Active
Wim Jonckheere

Managing director · since 31 mai 2024 · until 29 mai 2026

Active

Ended mandates

ALL MANAGEMENT SUPPORTS SILLIS

Managing director · since 31 mai 2024 · until 30 septembre 2025 · 0897.924.248

Represented by Luc Sillis

Ended
Caroline De Moor

Director · since 31 mai 2024 · until 05 juin 2026

Ended
CENES

Director · since 31 mai 2024 · until 05 juin 2026 · 0451.552.222

Represented by Philip Cammaert

Ended
DUNAFLOR

Director · since 31 mai 2024 · until 05 juin 2026 · 0845.576.120

Represented by Nicole Florizoone

Ended
At this address

Other companies at this address

CompanyCBE no.
DE KORFActive
0830.934.662
Annual accounts

Full financial information

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 date16/06/202625/06/202521/06/202430/06/202301/07/202201/07/2021
General meeting29/05/202628/05/202531/05/202402/06/202310/06/202203/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

25 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/05/202616/06/2026DutchPDF
Consolidated accounts31/12/202529/05/202612/06/2026DutchPDF
Full model31/12/202428/05/202525/06/2025DutchPDF
Consolidated accountsCorrection31/12/202428/05/202519/09/2025DutchPDF
Consolidated accountsCorrection31/12/202428/05/202512/09/2025DutchPDF
Consolidated accounts31/12/202428/05/202517/06/2025DutchPDF
Full model31/12/202331/05/202421/06/2024DutchPDF
Consolidated accounts31/12/202331/05/202426/06/2024DutchPDF
Full model31/12/202202/06/202330/06/2023DutchPDF
Full model31/12/202110/06/202201/07/2022DutchPDF
Full model31/12/202003/06/202101/07/2021DutchPDF
Full model31/12/201905/06/202030/06/2020DutchPDF
Full model31/12/201807/06/201928/06/2019DutchPDF
Full model31/12/201701/06/201808/06/2018DutchPDF
Full model31/12/201602/06/201720/06/2017DutchPDF
Full model31/12/201503/06/201630/06/2016DutchPDF
Full model31/12/201405/06/201519/06/2015DutchPDF
Full model31/12/201313/06/201430/06/2014DutchPDF
Full model31/12/201214/06/201327/06/2013DutchPDF
Full model31/12/201101/06/201219/06/2012DutchPDF
Full model31/12/201001/06/201114/06/2011DutchPDF
Full model31/12/200916/06/201021/06/2010DutchPDF
Full model31/12/200805/06/200915/06/2009DutchPDF
Full model31/12/200706/06/200812/06/2008DutchPDF

View all 25 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 12 active · 100 ended

Active mandates

ELGI COMPANY

Managing director · since 01 octobre 2025 · until 29 mai 2026 · 0744.916.250

Represented by Koenraad Steurbaut

Active
ALL MANAGEMENT SUPPORTS SILLIS

Managing director · since 31 mai 2024 · until 31 décembre 2025 · 0897.924.248

Represented by Luc Sillis

Active
Caroline De Moor

Director · since 31 mai 2024 · until 29 mai 2026

Active
CENES

Director · since 31 mai 2024 · until 29 mai 2026 · 0451.552.222

Represented by Philip Cammaert

Active
DUNAFLOR

Director · since 31 mai 2024 · until 29 mai 2026 · 0845.576.120

Represented by Nicole Florizoone

Active
FENIKS AMUSEMENT

Director · since 31 mai 2024 · until 29 mai 2026 · 0458.314.112

Represented by Guy Florizoone

Active
FLORIZOONE PAUL & CO

Director · since 31 mai 2024 · until 29 mai 2026 · 0894.427.595

Represented by Paul Florizoone

Active
Peter Florizoone

Director · since 31 mai 2024 · until 29 mai 2026

Active
Promotus

Director · since 31 mai 2024 · until 31 décembre 2025 · 0425.890.475

Represented by Dirk Van Den Broeck

Active
Robert Florizoone

Director · since 31 mai 2024 · until 29 mai 2026

Active
Roland Florizoone

Director · since 31 mai 2024 · until 29 mai 2026

Active
Wim Jonckheere

Managing director · since 31 mai 2024 · until 29 mai 2026

Active

Ended mandates

ALL MANAGEMENT SUPPORTS SILLIS

Managing director · since 31 mai 2024 · until 30 septembre 2025 · 0897.924.248

Represented by Luc Sillis

Ended
Caroline De Moor

Director · since 31 mai 2024 · until 05 juin 2026

Ended
CENES

Director · since 31 mai 2024 · until 05 juin 2026 · 0451.552.222

Represented by Philip Cammaert

Ended
DUNAFLOR

Director · since 31 mai 2024 · until 05 juin 2026 · 0845.576.120

Represented by Nicole Florizoone

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/10/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/06/2019
    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 20252,6 M €
  2. 2024
    Annual accounts 20242,8 M €
  3. 2023
    Annual accounts 20232,7 M €
  4. 2022
    Annual accounts 20221,3 M €
  5. 2021
    Annual accounts 2021914,1 k €
  6. 2018
    Annual accounts 20182,3 M €
  7. 2017
    Annual accounts 20172,5 M €
  8. 2016
    Annual accounts 20161,9 M €
  9. 2015
    Annual accounts 20151,2 M €
  10. 2014
    Annual accounts 20142,5 M €
  11. 2013
    Annual accounts 20131,8 M €
  12. 2012
    Annual accounts 20121,3 M €
  13. 2011
    Annual accounts 20111,7 M €
  14. 2010
    Annual accounts 2010985,9 k €
  15. 2009
    Annual accounts 2009723,9 k €
  16. 2008
    Annual accounts 2008940,5 k €
  17. 2007
    Annual accounts 2007879,3 k €
  18. 2006
    Annual accounts 20061,3 M €
  19. 09/12/1971
    IncorporationPublic limited company