ACTIVE

Mekanders

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Financial year 2025 · closed on 31/12/2025

Net result

609,5 k €

+17.5% YoY

Revenue

1,8 M €

-85.0% YoY

Equity

11,2 M €

+6.0% YoY

Workforce

146,8 ETP

+0.1% YoY

What does Mekanders do?

Mekanders is a Non-profit organization incorporated in 1985. Its main activity is: Technical and vocational secondary education. Its registered office is in Turnhout. It employs on average 146,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0431.176.975

Incorporation

24/06/1985

Legal form

Non-profit organization

Registered office

Steenweg op Oosthoven 25
2300 Turnhout · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

146,8 ETP

Activities (NACE)

85323Technical and vocational secondary education· main 88999Other social work activities without accommodation n.e.c.88999Other social work activities without accommodation n.e.c.

Joint committees (1)

31901

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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	1,8 M €	-85.0%	11,8 M €	+3.9%	11,4 M €	+12.9%	10,1 M €	+15.5%	8,7 M €	+10.1%	7,9 M €		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	805,7 k €	-10.7%	902,6 k €	-3.7%	937,1 k €	-16.2%	1,1 M €	+18.5%	943,2 k €	+138%	395,7 k €	+19.4%	331,4 k €	+27.6%	259,7 k €	-41.8%	446,3 k €	+256%	125,3 k €	-46.1%	232,5 k €	+2.6%	226,5 k €	+35.1%	167,6 k €	-4.9%	176,3 k €	+0.3%	175,8 k €	+21.1%	145,2 k €	+10.5%	131,5 k €	+246%	38 k €
Operating result	233 k €	-34.3%	354,6 k €	-13.6%	410,4 k €	-37.0%	651 k €	+15.2%	564,9 k €	+1090%	47,5 k €	+178%	-60,6 k €	-205%	57,9 k €	-76.5%	246 k €	+654%	-44,4 k €	-171%	62,5 k €	-0.4%	62,7 k €	+306%	15,4 k €	-55.2%	34,5 k €	-19.6%	42,9 k €	+326%	10,1 k €	-78.1%	46 k €	+1207%	-4,2 k €
Net result	609,5 k €	+17.5%	518,9 k €	-6.0%	551,8 k €	-11.1%	620,6 k €	+17.0%	530,6 k €	+4329%	12 k €	-96.6%	356,4 k €	-8.3%	388,6 k €	-37.0%	617,2 k €	+948%	58,9 k €	-59.8%	146,5 k €	+86.8%	78,4 k €	-40.1%	130,8 k €	-28.1%	181,9 k €	+21.9%	149,2 k €	-4.6%	156,4 k €	+35.9%	115,1 k €	+134%	49,2 k €
Balance sheet
Equity	11,2 M €	+6.0%	10,6 M €	+4.0%	10,2 M €	+4.6%	9,7 M €	+5.4%	9,2 M €	+13.4%	8,1 M €	-0.9%	8,2 M €	+59.1%	5,2 M €	+7.2%	4,8 M €	+23.7%	3,9 M €	+4.1%	3,7 M €	+7.9%	3,5 M €	+2.4%	3,4 M €	+2.1%	3,3 M €	+4.2%	3,2 M €	+3.0%	3,1 M €	+5.2%	2,9 M €	+10.5%	2,7 M €
Total assets	14,5 M €	+3.5%	14 M €	+3.6%	13,5 M €	+5.3%	12,8 M €	+5.8%	12,1 M €	+12.3%	10,8 M €	-5.5%	11,4 M €	+94.1%	5,9 M €	+2.6%	5,7 M €	+14.5%	5 M €	+14.0%	4,4 M €	+5.8%	4,2 M €	+3.5%	4 M €	+6.9%	3,8 M €	+2.4%	3,7 M €	+4.5%	3,5 M €	+0.1%	3,5 M €	+4.8%	3,3 M €
Cash	6,1 M €	+610%	864 k €	+149%	347,4 k €	+208%	112,7 k €	+64.0%	68,7 k €	-21.1%	87,1 k €	-78.1%	397,8 k €	+37.9%	288,6 k €	+15.8%	249,2 k €	+29.0%	193,2 k €	+326%	45,3 k €	-13.8%	52,6 k €	+45.3%	36,2 k €	-13.7%	42 k €	-17.5%	50,9 k €	+12.1%	45,4 k €	-28.0%	63 k €	-28.2%	87,8 k €
Debts	2,8 M €	-1.9%	2,8 M €	-1.4%	2,9 M €	+2.2%	2,8 M €	+2.3%	2,8 M €	+5.3%	2,6 M €	-17.9%	3,2 M €	+337%	729,8 k €	-21.3%	927,3 k €	-17.4%	1,1 M €	+68.8%	665,4 k €	-3.3%	688,4 k €	+9.1%	630,8 k €	+43.1%	440,8 k €	-9.3%	486 k €	+15.6%	420,4 k €	-27.1%	576,8 k €	-16.8%	693,4 k €
Other
Workforce	146,8 ETP	+0.1%	146,6 ETP	+3.9%	141,1 ETP	+5.7%	133,5 ETP	+4.7%	127,5 ETP	+1.8%	125,3 ETP	+5.0%	119,3 ETP	+65.5%	72,1 ETP	+0.1%	72,0 ETP	+3.3%	69,7 ETP	+2.3%	68,1 ETP	+4.1%	65,4 ETP	+5.5%	62,0 ETP	+2.6%	60,4 ETP	+8.4%	55,7 ETP	-1.4%	56,5 ETP	+4.6%	54,0 ETP	+2.3%	52,8 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 · 10 active · 62 ended

Active mandates

André Willems

Mandate

Active

Anje Vermeiren

Mandate

Active

August Luyten

Mandate

Active

Franciscus Michielsen

Mandate

Active

Inge Van Kerkhoven

Mandate

Active

Joanna Van Den Broeck

Mandate

Active

Karel Dielis

Mandate

Active

Lutgarde Mercelis

Mandate

Active

Marcus Swaenen

Mandate

Active

Peter Anaf

Mandate

Active

Ended mandates

Joanna Van den Broeck

Director · since 13 juin 2023 · until 30 juin 2027

Ended

Inge Van Kerkhoven

Director · since 14 juin 2022 · until 30 juin 2026

Ended

Marcus Swaenen

Director · since 14 juin 2022 · until 30 juin 2026

Ended

André Willems

Director · since 23 janvier 2019 · until 23 janvier 2023

Ended

At this address

Other companies at this address

Company	CBE no.
Fenix● Active	0426.097.541

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	01/07/2026	08/07/2025	29/07/2024	25/07/2023	25/07/2022	11/08/2021
General meeting	16/06/2026	17/06/2025	11/06/2024	13/06/2023	14/06/2022	15/06/2021
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
Full model	31/12/2025	16/06/2026	01/07/2026	Dutch	PDF
Full model	31/12/2024	17/06/2025	08/07/2025	Dutch	PDF
Full model	31/12/2023	11/06/2024	29/07/2024	Dutch	PDF
Full model	31/12/2022	13/06/2023	25/07/2023	Dutch	PDF
Full model	31/12/2021	14/06/2022	25/07/2022	Dutch	PDF
Full model	31/12/2020	15/06/2021	11/08/2021	Dutch	PDF
Abridged model	31/12/2019	23/06/2020	28/09/2020	Dutch	PDF
Abridged model	31/12/2018	19/06/2019	12/08/2019	Dutch	PDF
Abridged model	31/12/2017	20/06/2018	23/07/2018	Dutch	PDF
Abridged model	31/12/2016	21/06/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	11/07/2016	Dutch	PDF
Abridged model	31/12/2014	24/06/2015	30/12/2015	Dutch	PDF
Abridged model	31/12/2013	18/06/2014	30/07/2014	Dutch	PDF
Abridged model	31/12/2012	12/06/2013	19/07/2013	Dutch	PDF
Abridged model	31/12/2011	13/06/2012	18/07/2012	Dutch	PDF
Abridged model	31/12/2010	15/06/2011	26/07/2011	Dutch	PDF
Abridged model	31/12/2009	02/06/2010	27/07/2010	Dutch	PDF
Abridged model	31/12/2008	03/06/2009	22/07/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	29/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	30/07/2007	Dutch	PDF

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 · 10 active · 62 ended

Active mandates

André Willems

Mandate

Active

Anje Vermeiren

Mandate

Active

August Luyten

Mandate

Active

Franciscus Michielsen

Mandate

Active

Inge Van Kerkhoven

Mandate

Active

Joanna Van Den Broeck

Mandate

Active

Karel Dielis

Mandate

Active

Lutgarde Mercelis

Mandate

Active

Marcus Swaenen

Mandate

Active

Peter Anaf

Mandate

Active

Ended mandates

Joanna Van den Broeck

Director · since 13 juin 2023 · until 30 juin 2027

Ended

Inge Van Kerkhoven

Director · since 14 juin 2022 · until 30 juin 2026

Ended

Marcus Swaenen

Director · since 14 juin 2022 · until 30 juin 2026

Ended

André Willems

Director · since 23 janvier 2019 · until 23 janvier 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/07/2026
DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/03/2022
MAATSCHAPPELIJKE ZETEL
PDF
Other05/03/2019
BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025609,5 k €↑
2024
Annual accounts 2024518,9 k €↓
2023
Annual accounts 2023551,8 k €↓
2022
Annual accounts 2022620,6 k €↑
2021
Annual accounts 2021530,6 k €↑
2020
Annual accounts 202012 k €↓
2019
Annual accounts 2019356,4 k €↓
2018
Annual accounts 2018388,6 k €↓
2018
Name changeMekanders
2017
Annual accounts 2017617,2 k €↑
2016
Annual accounts 201658,9 k €↓
2015
Annual accounts 2015146,5 k €↑
2014
Annual accounts 201478,4 k €↓
2013
Annual accounts 2013130,8 k €↓
2012
Annual accounts 2012181,9 k €↑
2011
Annual accounts 2011149,2 k €↓
2010
Annual accounts 2010156,4 k €↑
2009
Annual accounts 2009115,1 k €↑
2008
Annual accounts 200849,2 k €
2008
Name changeDE AS
24/06/1985
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

Mekanders

Overview

What does Mekanders do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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