NORMAL SITUATION

M.F.L.

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Company — Normal situation.

Financial year 2023 · Closed on 31/12/2023

Net result8,8 k €+14,3 %over 1 year

Gross margin21,4 k €-1,6 %over 1 year

Equity151 k €-10,2 %over 1 year

Identity

Source · BCE/KBO

M.F.L. is a company registered in Belgium.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0432.970.287
Legal form: Public limited company
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2023

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 37 filings

Trend over 16 financial years

	2023		2022		2021		2018		2017
Income statement
Gross margin	21,4 k €	-1.6%	21,8 k €	+5.7%	20,6 k €	+52.3%	13,5 k €	-1.5%	13,8 k €
EBITDA	18,2 k €	-3.2%	18,8 k €	+6.3%	17,7 k €	+63.2%	10,8 k €	-2.3%	11,1 k €
Operating result	8,1 k €	+4.2%	7,7 k €	+16.7%	6,6 k €	+7453%	87,7 €	+108%	-1,1 k €
Net result	8,8 k €	+14.3%	7,7 k €	+16.7%	6,6 k €	+8945%	72,7 €	+107%	-1,1 k €
Balance sheet
Equity	151 k €	-10.2%	168,2 k €	-9.5%	185,9 k €	-7.8%	201,7 k €	-13.9%	234,1 k €
Total assets	180,1 k €	-7.5%	194,7 k €	-4.4%	203,6 k €	-14.5%	238,3 k €	-4.7%	250,1 k €
Cash	16,3 k €	-20.8%	20,6 k €	+2.8%	20,1 k €	-40.8%	33,9 k €	-3.7%	35,2 k €
Debts	26,3 k €	-0.8%	26,5 k €	+49.4%	17,7 k €	-51.5%	36,6 k €	+129%	16 k €

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 10 ended

Active mandates

Director	Function	Other mandatescurrentendedstruck offbankruptcies
DECORMAT0430.730.280Represented by Decordier Jean-Paul	Director
Jean-Paul Decordier	Director	000
Marie-Flore Maenhout	Director	000

Ended mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Jean-Paul Decordier	Director	23/12/2011 → 23/12/2017	000
Marie-Flore Maenhout	Director	23/12/2011 → 23/12/2017	000
DECORMAT0430.730.280	Mandate
DECORMAT0430.730.280Represented by Jean-Paul Decordier	Mandate

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/05/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	5 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/07/2025	24/07/2024	30/03/2023	18/05/2022	04/06/2021	11/09/2020
General meeting	18/11/2024	23/05/2024	29/03/2023	18/05/2022	27/05/2021	20/08/2020
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, 37 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/05/2024	18/11/2024	28/07/2025	Dutch	PDF
Abridged model	31/12/2023	23/05/2024	24/07/2024	Dutch	PDF
Abridged model	31/12/2022	29/03/2023	30/03/2023	Dutch	PDF
Abridged model	31/12/2021	18/05/2022	18/05/2022	Dutch	PDF
Abridged model	31/12/2020	27/05/2021	04/06/2021	Dutch	PDF
Abridged model	31/12/2019	20/08/2020	11/09/2020	Dutch	PDF
Micro model	31/12/2018	23/05/2019	18/07/2019	Dutch	PDF
Micro model	31/12/2017	24/05/2018	19/07/2018	Dutch	PDF
Micro model	31/12/2016	26/05/2017	08/07/2017	Dutch	PDF
Abridged model	31/12/2015	26/05/2016	11/07/2016	Dutch	PDF
Abridged model	31/12/2014	28/06/2015	20/07/2015	Dutch	PDF
Abridged model	31/12/2013	22/05/2014	30/07/2014	Dutch	PDF
Abridged model	31/12/2012	23/05/2013	11/07/2013	Dutch	PDF
Abridged model	31/12/2011	24/05/2012	28/08/2012	Dutch	PDF
Abridged model	31/12/2010	26/05/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	27/05/2010	30/07/2010	Dutch	PDF
Abridged model	31/12/2008	28/05/2009	31/07/2009	Dutch	PDF
Abridged model	31/12/2007	29/05/2008	30/07/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	17/07/2007	Dutch	PDF
Abridged model	31/12/2005	25/05/2006	31/08/2006	Dutch	PDF
Abridged model	31/12/2004	26/05/2005	25/07/2005	Dutch	PDF
Abridged model	31/12/2003	27/05/2004	29/09/2004	Dutch	PDF
Abridged model	31/12/2002	30/05/2003	07/10/2003	Dutch	PDF
Abridged model	31/12/2001	25/05/2002	03/09/2002	Dutch	PDF
Abridged model	31/12/2000	26/05/2001	19/07/2001	Dutch	PDF
Abridged model	31/12/1999	25/05/2000	14/09/2000	Dutch	PDF
Abridged model	31/12/1998	27/05/1999	06/08/1999	Dutch	PDF
Abridged model	31/12/1997	28/05/1998	11/08/1998	Dutch	—
Abridged model	31/12/1996	25/05/1997	25/08/1997	Dutch	—
Abridged model	31/12/1995	26/05/1996	26/06/1996	Dutch	—
Abridged model	31/12/1994	28/05/1995	04/07/1995	Dutch	—
Abridged model	31/12/1993	29/05/1994	08/07/1994	Dutch	—
Abridged model	31/12/1992	29/05/1993	13/07/1993	Dutch	—
Abridged model	31/12/1991	29/05/1992	30/06/1992	Dutch	—
Abridged model	31/12/1990	31/05/1991	10/09/1991	Dutch	—
Abridged model	31/12/1989	31/05/1990	12/07/1990	Dutch	—
Abridged model	31/12/1988	25/05/1989	31/08/1989	Dutch	—

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.

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 31/12/2023

3 active · 10 ended

Active mandates

Director	Function	Other mandatescurrentendedstruck offbankruptcies
DECORMAT0430.730.280Represented by Decordier Jean-Paul	Director
Jean-Paul Decordier	Director	000
Marie-Flore Maenhout	Director	000

Ended mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Jean-Paul Decordier	Director	23/12/2011 → 23/12/2017	000
Marie-Flore Maenhout	Director	23/12/2011 → 23/12/2017	000
DECORMAT0430.730.280	Mandate
DECORMAT0430.730.280Represented by Jean-Paul Decordier	Mandate

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Dissolution12/12/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
PDF
Restructuring23/09/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates18/01/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/01/2012
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates21/01/2010
ONTSLAGEN - BENOEMINGEN
PDF

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

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Timeline

2023
Annual accounts 20238,8 k €↑
2022
Annual accounts 20227,7 k €↑
2021
Annual accounts 20216,6 k €↑
2018
Annual accounts 201872,7 €↑
2017
Annual accounts 2017-1,1 k €↑
2016
Annual accounts 2016-4,5 k €↑
2015
Annual accounts 2015-9,3 k €↑
2014
Annual accounts 2014-17 k €↑
2013
Annual accounts 2013-21 k €↓
2012
Annual accounts 2012-12,5 k €↑
2011
Annual accounts 2011-23,7 k €↓
2010
Annual accounts 2010-17,8 k €↓
2009
Annual accounts 2009-15 k €↓
2008
Annual accounts 200826,7 k €↓
2007
Annual accounts 200727,5 k €↑
2006
Annual accounts 200620,1 k €

M.F.L.

Overview

Identity

Financials

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