ACTIVE

Multifunctioneel centrum Merlijn

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Financial year 2025 · closed on 31/12/2025

Net result

134,8 k €

-7.3% YoY

Revenue

153,5 k €

-24.1% YoY

Equity

1,5 M €

+6.3% YoY

Workforce

51,4 ETP

+21.5% YoY

What does Multifunctioneel centrum Merlijn do?

Multifunctioneel centrum Merlijn is a Non-profit organization incorporated in 1979. Its main activity is: Technical and vocational secondary education. Its registered office is in Antwerpen. It employs on average 51,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0420.408.688

Incorporation

07/11/1979

Legal form

Non-profit organization

Registered office

Schotensesteenweg 258
2100 Antwerpen · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

51,4 ETP

Activities (NACE)

85321Technical and vocational secondary education· main 87991Other residential care activities 88911Child day-care activities 88911Child day-care activities

Joint committees (1)

31901

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	153,5 k €	-24.1%	202,2 k €	+62.8%	124,2 k €	+6.1%	117,1 k €	+29.6%	90,4 k €	+2.1%	88,5 k €	-17.0%	106,7 k €	+4.3%	102,3 k €	-1.9%	104,3 k €	+3.0%	101,2 k €	-2.2%	103,6 k €	-2.9%	106,7 k €	-0.9%	107,7 k €	+2.9%	104,7 k €	-1.5%	106,3 k €	+8.3%	98,1 k €	+4.8%	93,6 k €	-3.0%	96,5 k €
EBITDA	263,4 k €	+0.2%	262,9 k €	+203%	86,8 k €	-43.1%	152,5 k €	-14.5%	178,4 k €	+36.7%	130,5 k €	+21.2%	107,7 k €	-21.8%	137,6 k €	+434%	25,8 k €	-77.7%	115,4 k €	+16.2%	99,3 k €	+51.1%	65,7 k €	+159%	25,4 k €	-49.7%	50,4 k €	-41.6%	86,3 k €	-0.1%	86,4 k €	+33.4%	64,8 k €	-51.0%	132,1 k €
Operating result	135,4 k €	-19.1%	167,3 k €	+699%	-27,9 k €	-158%	48,3 k €	-20.1%	60,5 k €	+197%	20,3 k €	+1779%	-1,2 k €	-104%	30,7 k €	+139%	-79,2 k €	-598%	15,9 k €	+4857%	321 €	+101%	-33,8 k €	+54.0%	-73,5 k €	-59.7%	-46 k €	-1059%	-4 k €	-45.4%	-2,7 k €	+89.4%	-25,8 k €	-156%	46,1 k €
Net result	134,8 k €	-7.3%	145,5 k €	+406%	-47,6 k €	-228%	37,2 k €	-38.2%	60,2 k €	+84.0%	32,8 k €	+1133%	-3,2 k €	-110%	31,3 k €	+137%	-85 k €	-489%	21,8 k €	+401%	4,4 k €	+117%	-26,4 k €	+52.6%	-55,6 k €	-53.8%	-36,2 k €	-640%	6,7 k €	-61.7%	17,5 k €	+938%	-2,1 k €	-104%	53,1 k €
Balance sheet
Equity	1,5 M €	+6.3%	1,4 M €	+7.5%	1,3 M €	-6.4%	1,4 M €	-0.5%	1,4 M €	+1.1%	1,4 M €	-0.8%	1,4 M €	-3.2%	1,5 M €	-0.9%	1,5 M €	-8.0%	1,6 M €	-1.4%	1,6 M €	-2.4%	1,7 M €	-4.0%	1,8 M €	-5.4%	1,9 M €	-4.2%	1,9 M €	-1.9%	2 M €	-1.3%	2 M €	-2.3%	2 M €
Total assets	2,1 M €	+1.7%	2 M €	+5.1%	1,9 M €	-1.7%	2 M €	-1.0%	2 M €	+9.8%	1,8 M €	+1.9%	1,8 M €	-1.4%	1,8 M €	+0.2%	1,8 M €	-6.4%	1,9 M €	-2.8%	2 M €	-0.4%	2 M €	-5.0%	2,1 M €	-3.0%	2,2 M €	-2.9%	2,2 M €	-1.9%	2,3 M €	-0.3%	2,3 M €	-2.7%	2,3 M €
Cash	900 k €	+452%	163,1 k €	-69.2%	529,9 k €	-9.1%	582,8 k €	+212%	186,6 k €	+2295%	7,8 k €	+62.4%	4,8 k €	-30.5%	6,9 k €	+319%	1,6 k €	-74.4%	6,4 k €	-49.1%	12,6 k €	+238%	3,7 k €	+16.8%	3,2 k €	-68.5%	10,2 k €	+167%	3,8 k €	-88.2%	32,4 k €	+292%	8,3 k €	+32.2%	6,3 k €
Debts	536,9 k €	-5.9%	570,8 k €	+38.1%	413,4 k €	+11.2%	372 k €	-8.2%	405,1 k €	+52.8%	265,2 k €	+11.0%	238,9 k €	+1.1%	236,3 k €	+4.1%	227 k €	+0.4%	226,2 k €	-14.4%	264,3 k €	+10.3%	239,7 k €	-13.7%	277,7 k €	+13.3%	245,2 k €	+5.6%	232,3 k €	-4.2%	242,4 k €	+5.0%	230,9 k €	-10.8%	258,9 k €
Other
Workforce	51,4 ETP	+21.5%	42,3 ETP	+11.3%	38,0 ETP	+0.8%	37,7 ETP	+1.1%	37,3 ETP	+7.8%	34,6 ETP	-1.7%	35,2 ETP	+8.6%	32,4 ETP	+3.8%	31,2 ETP	-3.7%	32,4 ETP	+3.2%	31,4 ETP	+0.6%	31,2 ETP	+0.6%	31,0 ETP	-3.1%	32,0 ETP	0.0%	32,0 ETP	+3.2%	31,0 ETP	-3.1%	32,0 ETP	0.0%	32,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 46 ended

Active mandates

Multifunctioneel centrum Merlijn

Mandate · 0420.408.688

Active

Multifunctioneel centrum Merlijn

Mandate · 0420.408.688

Active

Multifunctioneel centrum Merlijn

Mandate · 0420.408.688

Active

Multifunctioneel centrum Merlijn

Mandate · 0420.408.688

Active

Multifunctioneel centrum Merlijn

Mandate · 0420.408.688

Active

Multifunctioneel centrum Merlijn

Mandate · 0420.408.688

Active

Multifunctioneel centrum Merlijn

Mandate · 0420.408.688

Active

Multifunctioneel centrum Merlijn

Mandate · 0420.408.688

Active

Ended mandates

Severine Vermeylen

Director · since 18 juin 2020

Ended

Stéphane Du Jardin

Director · since 18 juin 2020

Ended

Alexander Dewispelaere

Mandate

Ended

Alexander Dewispelaere

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/06/2026	27/06/2025	25/06/2024	16/05/2023	27/06/2022	05/07/2021
General meeting	23/04/2026	24/04/2025	25/04/2024	27/04/2023	11/05/2022	24/06/2021
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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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	23/04/2026	17/06/2026	Dutch	PDF
Abridged model	31/12/2024	24/04/2025	27/06/2025	Dutch	PDF
Abridged model	31/12/2023	25/04/2024	25/06/2024	Dutch	PDF
Abridged model	31/12/2022	27/04/2023	16/05/2023	Dutch	PDF
Abridged model	31/12/2021	11/05/2022	27/06/2022	Dutch	PDF
Abridged model	31/12/2020	24/06/2021	05/07/2021	Dutch	PDF
Abridged model	31/12/2019	18/06/2020	25/06/2020	Dutch	PDF
Abridged model	31/12/2018	29/04/2019	28/05/2019	Dutch	PDF
Abridged model	31/12/2017	24/04/2018	17/05/2018	Dutch	PDF
Abridged model	31/12/2016	24/04/2017	16/06/2017	Dutch	PDF
Abridged model	31/12/2015	25/04/2016	07/06/2016	Dutch	PDF
Abridged model	31/12/2014	27/04/2015	05/06/2015	Dutch	PDF
Abridged model	31/12/2013	28/04/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	22/04/2013	17/05/2013	Dutch	PDF
Abridged model	31/12/2011	23/04/2012	04/05/2012	Dutch	PDF
Abridged model	31/12/2010	16/05/2011	30/05/2011	Dutch	PDF
Abridged model	31/12/2009	26/04/2010	19/05/2010	Dutch	PDF
Abridged model	31/12/2008	27/04/2009	11/05/2009	Dutch	PDF
Abridged model	31/12/2007	22/04/2008	16/05/2008	Dutch	PDF
Abridged model	31/12/2006	26/04/2007	10/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 8 active · 46 ended

Active mandates

Multifunctioneel centrum Merlijn

Mandate · 0420.408.688

Active

Multifunctioneel centrum Merlijn

Mandate · 0420.408.688

Active

Multifunctioneel centrum Merlijn

Mandate · 0420.408.688

Active

Multifunctioneel centrum Merlijn

Mandate · 0420.408.688

Active

Multifunctioneel centrum Merlijn

Mandate · 0420.408.688

Active

Multifunctioneel centrum Merlijn

Mandate · 0420.408.688

Active

Multifunctioneel centrum Merlijn

Mandate · 0420.408.688

Active

Multifunctioneel centrum Merlijn

Mandate · 0420.408.688

Active

Ended mandates

Severine Vermeylen

Director · since 18 juin 2020

Ended

Stéphane Du Jardin

Director · since 18 juin 2020

Ended

Alexander Dewispelaere

Mandate

Ended

Alexander Dewispelaere

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other16/01/2024
BENAMING
PDF
Mandates12/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/06/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/06/2015
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

2025
Annual accounts 2025134,8 k €↓
2024
Annual accounts 2024145,5 k €↑
2023
Annual accounts 2023-47,6 k €↓
2023
Name changeMultifunctioneel centrum Merlijn
2022
Annual accounts 202237,2 k €↓
2021
Annual accounts 202160,2 k €↑
2020
Annual accounts 202032,8 k €↑
2019
Annual accounts 2019-3,2 k €↓
2018
Annual accounts 201831,3 k €↑
2017
Annual accounts 2017-85 k €↓
2016
Annual accounts 201621,8 k €↑
2015
Annual accounts 20154,4 k €↑
2014
Annual accounts 2014-26,4 k €↑
2013
Annual accounts 2013-55,6 k €↓
2012
Annual accounts 2012-36,2 k €↓
2011
Annual accounts 20116,7 k €↓
2010
Annual accounts 201017,5 k €↑
2009
Annual accounts 2009-2,1 k €↓
2008
Annual accounts 200853,1 k €
2008
Name changeMedisch Pedagogisch Kinderdagverblijf Merlijn
07/11/1979
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Multifunctioneel centrum Merlijn

Overview

What does Multifunctioneel centrum Merlijn do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline