ACTIVE

Multiple Sclerose Liga Vlaanderen vzw

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Financial year 2025 · Closed on 31/12/2025

Net result146 k €+152,7 %over 1 year

Revenue683,5 k €+2,7 %over 1 year

Equity4 M €+2,1 %over 1 year

Workforce20,1 ETP+3,1 %over 1 year

Identity

Source · BCE/KBO

Multiple Sclerose Liga Vlaanderen vzw is a Non-profit organization incorporated in 1982. Its main activity is: Advertising agencies. Its registered office is in Pelt. It employs on average 20,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0424.531.287
Incorporation: 25/09/1982
Legal form: Non-profit organization
Registered office: Boemerangstraat 4
3900 Pelt · FlandreSee on map
Latest accounts: 31/12/2025
Average workforce: 20,1 ETP

Activities (NACE)

73110Advertising agencies· main 73110Advertising agencies 94992Activities of other membership organisations n.e.c.94992Activities of other membership organisations n.e.c.

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	683,5 k €	+2.7%	665,7 k €	+2.2%	651,5 k €	+30.8%	498,1 k €	+39.7%	356,5 k €
EBITDA	142,1 k €	+107%	68,7 k €	+112%	-555,8 k €	-422%	-106,5 k €	-106%	1,9 M €
Operating result	81,9 k €	+743%	-12,7 k €	+98.0%	-649,7 k €	-237%	-193 k €	-110%	1,9 M €
Net result	146 k €	+153%	57,8 k €	+110%	-600 k €	-136%	-254 k €	-114%	1,9 M €
Balance sheet
Equity	4 M €	+2.1%	3,9 M €	+1.5%	3,8 M €	-13.6%	4,4 M €	-2.8%	4,5 M €
Total assets	4,4 M €	+1.8%	4,3 M €	+0.1%	4,3 M €	-11.1%	4,9 M €	-6.6%	5,2 M €
Cash	2,2 M €	+79.6%	1,2 M €	-53.8%	2,6 M €	-10.8%	2,9 M €	+23.3%	2,4 M €
Debts	400,9 k €	-2.7%	411,8 k €	-15.0%	484,4 k €	+23.3%	392,9 k €	-33.2%	588,4 k €
Other
Workforce	20,1 ETP	+3.1%	19,5 ETP	+24.2%	15,7 ETP	+5.4%	14,9 ETP	-4.5%	15,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

12 active · 152 ended

Active mandates

Inge Van De Velde

Director · since 09 décembre 2025 · until 09 décembre 2029

Active

Magali Van der Span

Director · since 09 décembre 2025 · until 09 décembre 2029

Active

Monic Willems

Director · since 09 décembre 2025 · until 09 décembre 2029

Active

Patricia De Groote

Director · since 09 décembre 2025 · until 09 décembre 2029

Active

Johan Cardoen

Director · since 25 avril 2025 · until 17 décembre 2025

Active

Yves Garnier

Director · since 17 décembre 2024 · until 17 décembre 2028

Active

Charles van der straten Waillet

Director · since 25 avril 2024 · until 25 avril 2028

Active

Lea Mertens

Director · since 31 mai 2023 · until 31 mai 2027

Active

Martinus Desmet

Director · since 31 mai 2023 · until 31 mai 2027

Active

Peter De Maeyer

Director · since 31 mai 2023 · until 31 mai 2027

Active

Serge Van Eeghem

Chairman of the board of directors · since 31 mai 2023 · until 31 mai 2027

Active

Chantal Van Audenhove

Chairman of the board of directors · since 21 juin 2022 · until 09 décembre 2025

Active

Ended mandates

Charles van der straten Waillet

Director · since 31 mai 2023 · until 31 mai 2024

Ended

Serge Van Eeghem

Vice-chairman of the board of directors · since 31 mai 2023 · until 31 mai 2027

Ended

Chantal Van Audenhove

Chairman of the board of directors · since 21 juin 2022 · until 21 juin 2026

Ended

Chantal Van Audenhove

Director · since 21 juin 2022 · until 21 juin 2026

Ended

Full financial information

Source · NBB

	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	18/05/2026	06/05/2025	29/04/2024	09/06/2023	22/08/2022	11/05/2021
General meeting	20/04/2026	24/04/2025	25/04/2024	31/05/2023	21/06/2022	11/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/04/2026	18/05/2026	Dutch	PDF
Abridged model	31/12/2024	24/04/2025	06/05/2025	Dutch	PDF
Abridged model	31/12/2023	25/04/2024	29/04/2024	Dutch	PDF
Abridged model	31/12/2022	31/05/2023	09/06/2023	Dutch	PDF
Abridged model	31/12/2021	21/06/2022	22/08/2022	Dutch	PDF
Abridged model	31/12/2020	11/05/2021	11/05/2021	Dutch	PDF
Abridged model	31/12/2019	16/06/2020	18/06/2020	Dutch	PDF
Abridged model	31/12/2018	23/04/2019	24/04/2019	Dutch	PDF
Abridged model	31/12/2017	17/04/2018	20/04/2018	Dutch	PDF
Abridged model	31/12/2016	18/04/2017	19/04/2017	Dutch	PDF
Abridged model	31/12/2015	18/04/2016	27/04/2016	Dutch	PDF
Abridged model	31/12/2014	23/04/2015	24/04/2015	Dutch	PDF
Abridged modelCorrection	31/12/2013	24/06/2014	16/07/2014	Dutch	PDF
Abridged model	31/12/2013	24/06/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	20/06/2013	18/07/2013	Dutch	PDF
Abridged model	31/12/2011	19/06/2012	18/07/2012	Dutch	PDF
Abridged model	31/12/2010	23/06/2011	05/07/2011	Dutch	PDF
Abridged model	31/12/2009	17/06/2010	03/08/2010	Dutch	PDF
Abridged model	31/12/2008	18/06/2009	30/06/2009	Dutch	PDF
Abridged model	31/12/2007	07/10/2008	01/04/2009	Dutch	PDF
Abridged model	31/12/2006	21/06/2007	07/08/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

12 active · 152 ended

Active mandates

Inge Van De Velde

Director · since 09 décembre 2025 · until 09 décembre 2029

Active

Magali Van der Span

Director · since 09 décembre 2025 · until 09 décembre 2029

Active

Monic Willems

Director · since 09 décembre 2025 · until 09 décembre 2029

Active

Patricia De Groote

Director · since 09 décembre 2025 · until 09 décembre 2029

Active

Johan Cardoen

Director · since 25 avril 2025 · until 17 décembre 2025

Active

Yves Garnier

Director · since 17 décembre 2024 · until 17 décembre 2028

Active

Charles van der straten Waillet

Director · since 25 avril 2024 · until 25 avril 2028

Active

Lea Mertens

Director · since 31 mai 2023 · until 31 mai 2027

Active

Martinus Desmet

Director · since 31 mai 2023 · until 31 mai 2027

Active

Peter De Maeyer

Director · since 31 mai 2023 · until 31 mai 2027

Active

Serge Van Eeghem

Chairman of the board of directors · since 31 mai 2023 · until 31 mai 2027

Active

Chantal Van Audenhove

Chairman of the board of directors · since 21 juin 2022 · until 09 décembre 2025

Active

Ended mandates

Charles van der straten Waillet

Director · since 31 mai 2023 · until 31 mai 2024

Ended

Serge Van Eeghem

Vice-chairman of the board of directors · since 31 mai 2023 · until 31 mai 2027

Ended

Chantal Van Audenhove

Chairman of the board of directors · since 21 juin 2022 · until 21 juin 2026

Ended

Chantal Van Audenhove

Director · since 21 juin 2022 · until 21 juin 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other25/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/09/2023
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025146 k €↑
2024
Annual accounts 202457,8 k €↑
2023
Annual accounts 2023-600 k €↓
2022
Annual accounts 2022-254 k €↓
2021
Annual accounts 20211,9 M €↑
2020
Annual accounts 2020112,6 k €↑
2019
Annual accounts 2019-702,8 k €↓
2018
Annual accounts 2018-434,3 k €↓
2017
Annual accounts 2017-27 k €↓
2016
Annual accounts 2016226,5 k €↑
2015
Annual accounts 2015-186,1 k €↓
2014
Annual accounts 2014-29,5 k €↑
2013
Annual accounts 2013-338,7 k €↓
2012
Annual accounts 2012-246,8 k €↓
2011
Annual accounts 2011-42,5 k €↑
2010
Annual accounts 2010-256 k €↓
2009
Annual accounts 2009-3,4 k €↓
2008
Annual accounts 20081,1 M €
25/09/1982
IncorporationNon-profit organization

Multiple Sclerose Liga Vlaanderen vzw

Overview

Identity

Financials

Valuation

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

Timeline