MAFRAN
0418.194.417 · rovalta.com · 23/09/2026
NORMAL SITUATION
MAFRAN
Financial year 2025 · closed on 28/11/2025
Net result
-2,3 k €
-367.2% YoY
Gross margin
-1,8 k €
-132.9% YoY
Equity
211,8 k €
-0.7% YoY
Company — Normal situation.
Overview
What does MAFRAN do?
MAFRAN is a company registered in Belgium.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0418.194.417
Legal form
Public limited company
Contributed capital
62 500,88 €
Latest accounts
28/11/2025
Signals
Solid equityGood liquidity
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Financials
Trend over 13 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||
| Gross margin | -1,8 k € | -133% | -772,6 € | -1115% | -63,6 € | -100% | 853,5 k € | +4057% | 20,5 k € | +7.0% | 19,2 k € | +14.8% | 16,7 k € | -10.3% | 18,6 k € | -0.2% | 18,7 k € | -1.7% | 19 k € | +0.0% | 19 k € | -40.5% | 31,9 k € | +124% | 14,2 k € |
| EBITDA | -2,2 k € | -84.2% | -1,2 k € | -190% | -411,1 € | -100% | 853,1 k € | +6150% | 13,6 k € | +1.6% | 13,4 k € | +16.2% | 11,6 k € | -15.1% | 13,6 k € | -1.5% | 13,8 k € | -2.9% | 14,2 k € | -22.8% | 18,4 k € | -19.9% | 23 k € | +134% | 9,8 k € |
| Operating result | -2,2 k € | -84.2% | -1,2 k € | -190% | -411,1 € | -100% | 853,1 k € | +6150% | 13,6 k € | +21.9% | 11,2 k € | +20.1% | 9,3 k € | -18.1% | 11,4 k € | -1.8% | 11,6 k € | -3.4% | 12 k € | -25.9% | 16,2 k € | -22.0% | 20,8 k € | +188% | 7,2 k € |
| Net result | -2,3 k € | -367% | 851,5 € | -73.1% | 3,2 k € | -99.5% | 623,4 k € | +7938% | 7,8 k € | -10.9% | 8,7 k € | +15.5% | 7,5 k € | -15.5% | 8,9 k € | -1.8% | 9,1 k € | -2.1% | 9,3 k € | -37.8% | 14,9 k € | -27.5% | 20,6 k € | +206% | 6,7 k € |
| Balance sheet | |||||||||||||||||||||||||
| Equity | 211,8 k € | -0.7% | 213,2 k € | +0.4% | 212,3 k € | +1.5% | 209,2 k € | 0.0% | 209,2 k € | +46.3% | 142,9 k € | +6.5% | 134,2 k € | +5.9% | 126,7 k € | +7.6% | 117,8 k € | +8.3% | 108,7 k € | +9.3% | 99,4 k € | +17.7% | 84,5 k € | +32.2% | 63,9 k € |
| Total assets | 212,1 k € | -1.2% | 214,7 k € | +0.4% | 213,8 k € | -79.8% | 1,1 M € | +363% | 229 k € | +51.4% | 151,3 k € | +5.9% | 142,9 k € | +6.3% | 134,4 k € | +6.9% | 125,7 k € | +7.9% | 116,4 k € | +10.0% | 105,8 k € | +12.6% | 94 k € | +21.3% | 77,4 k € |
| Cash | 4,7 k € | -44.2% | 8,5 k € | -17.8% | 10,4 k € | -98.8% | 869,8 k € | 0 € | -100% | 76,4 k € | +6.8% | 71,6 k € | +16.8% | 61,3 k € | +21.1% | 50,6 k € | +28.3% | 39,4 k € | +75.0% | 22,5 k € | +71.1% | 13,2 k € | +256% | 3,7 k € | |
| Debts | 331,8 € | -71.7% | 1,2 k € | +2.7% | 1,1 k € | -99.9% | 850,3 k € | +4187% | 19,8 k € | +138% | 8,3 k € | -3.3% | 8,6 k € | +12.5% | 7,7 k € | -2.7% | 7,9 k € | +2.3% | 7,7 k € | +20.3% | 6,4 k € | +22.1% | 5,3 k € | -44.8% | 9,5 k € |
Governance
Board of directors
Seen on filing of 28/11/2025 · 2 active · 12 ended
Active mandates
Francy Matthys
ActiveLydie Van Ryckeghem
ActiveEnded mandates
Francy Matthys
EndedLydie Van Ryckeghem
EndedFrancy Matthys
EndedLydie Van Ryckegem
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Micro model | Micro model |
| Start of the financial year | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 28/11/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 14 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 03/09/2026 | 12/12/2024 | 29/04/2024 | 02/05/2023 | 14/04/2022 | 29/03/2021 |
| General meeting | 28/11/2025 | 08/12/2024 | 19/02/2024 | 28/04/2023 | 04/03/2022 | 05/03/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
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Annual accounts filings
48 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 28/11/2025 | 28/11/2025 | 03/09/2026 | Dutch | |
| Abridged model | 30/09/2024 | 08/12/2024 | 12/12/2024 | Dutch | |
| Abridged model | 30/09/2023 | 19/02/2024 | 29/04/2024 | Dutch | |
| Abridged model | 30/09/2022 | 28/04/2023 | 02/05/2023 | Dutch | |
| Micro modelCorrection | 30/09/2021 | 04/03/2022 | 14/04/2022 | Dutch | |
| Micro model | 30/09/2021 | 04/03/2022 | 13/04/2022 | Dutch | |
| Micro model | 30/09/2020 | 05/03/2021 | 29/03/2021 | Dutch | |
| Micro model | 30/09/2019 | 06/03/2020 | 02/04/2020 | Dutch | |
| Abridged model | 30/09/2018 | 01/03/2019 | 25/04/2019 | Dutch | |
| Abridged model | 30/09/2017 | 02/03/2018 | 09/04/2018 | Dutch | |
| Abridged model | 30/09/2016 | 03/03/2017 | 25/04/2017 | Dutch | |
| Abridged model | 30/09/2015 | 04/03/2016 | 21/04/2016 | Dutch | |
| Abridged model | 30/09/2014 | 06/03/2015 | 31/03/2015 | Dutch | |
| Abridged model | 30/09/2013 | 07/03/2014 | 12/03/2014 | Dutch | |
| Abridged model | 30/09/2012 | 01/03/2013 | 09/04/2013 | Dutch | |
| Abridged model | 30/09/2011 | 02/03/2012 | 12/04/2012 | Dutch | |
| Abridged model | 30/09/2010 | 04/03/2011 | 14/04/2011 | Dutch | |
| Abridged model | 30/09/2009 | 05/03/2010 | 21/04/2010 | Dutch | |
| Abridged model | 30/09/2008 | 06/03/2009 | 24/03/2009 | Dutch | |
| Abridged model | 30/09/2007 | 07/03/2008 | 03/04/2008 | Dutch | |
| Abridged model | 30/09/2006 | 02/03/2007 | 20/03/2007 | Dutch | |
| Abridged model | 30/09/2005 | 03/03/2006 | 10/03/2006 | Dutch | |
| Abridged model | 30/09/2004 | 04/03/2005 | 08/03/2005 | Dutch | |
| Abridged model | 30/09/2003 | 05/03/2004 | 10/03/2004 | Dutch |
Valuation
Estimate
Indicative valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 28/11/2025 · 2 active · 12 ended
Active mandates
Francy Matthys
ActiveLydie Van Ryckeghem
ActiveEnded mandates
Francy Matthys
EndedLydie Van Ryckeghem
EndedFrancy Matthys
EndedLydie Van Ryckegem
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Dissolution18/12/2025RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-2,3 k €↓
- 2024Annual accounts 2024851,5 €↓
- 2023Annual accounts 20233,2 k €↓
- 2022Annual accounts 2022623,4 k €↑
- 2021Annual accounts 20217,8 k €↓
- 2014Annual accounts 20148,7 k €↑
- 2013Annual accounts 20137,5 k €↓
- 2012Annual accounts 20128,9 k €↓
- 2011Annual accounts 20119,1 k €↓
- 2010Annual accounts 20109,3 k €↓
- 2009Annual accounts 200914,9 k €↓
- 2008Annual accounts 200820,6 k €↑
- 2007Annual accounts 20076,7 k €