ACTIVE

Mistral

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Financial year 2025 · closed on 31/12/2025

Net result

24,8 k €

-63.6% YoY

Gross margin

808,5 k €

+2.4% YoY

Equity

643,9 k €

-10.5% YoY

What does Mistral do?

Mistral is a Private limited company incorporated in 1988. Its registered office is in Jodoigne.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0433.978.196

Incorporation

14/04/1988

Legal form

Private limited company

Registered office

Chaussée de Tirlemont(Jod.) 44
1370 Jodoigne · WallonieSee on map

Contributed capital

26 028,82 €

Latest accounts

31/12/2025

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	808,5 k €	+2.4%	789,5 k €	-19.1%	975,9 k €	+6.3%	918,3 k €	+20.3%	763 k €	+13.1%	674,5 k €	-29.9%	961,6 k €	+7.5%	894,5 k €	+0.1%	893,3 k €	-6.2%	951,9 k €	+13.5%	838,8 k €	-15.1%	988,1 k €	-0.9%	997 k €	+0.3%	994,2 k €	-0.8%	1 M €	-10.4%	1,1 M €	+8.6%	1 M €	-4.4%	1,1 M €	-8.7%	1,2 M €
EBITDA	50,1 k €	-49.8%	99,8 k €	-57.0%	232 k €	-17.8%	282,1 k €	-12.3%	321,8 k €	+77.4%	181,4 k €	-20.8%	229 k €	+104%	112,2 k €	+163%	42,7 k €	-72.1%	153,1 k €	-6.9%	164,5 k €	-44.7%	297,2 k €	+5.3%	282,2 k €	+44.2%	195,7 k €	-34.2%	297,3 k €	-15.4%	351,7 k €	-4.2%	366,9 k €	-33.3%	550,4 k €	-21.7%	702,6 k €
Operating result	39,2 k €	-55.4%	87,8 k €	-61.0%	225,3 k €	-19.0%	278,1 k €	-12.5%	317,8 k €	+78.7%	177,8 k €	-18.1%	217,1 k €	+216%	68,6 k €	+371%	14,6 k €	-88.2%	123,9 k €	-7.7%	134,3 k €	-50.2%	269,8 k €	+6.0%	254,4 k €	+41.2%	180,2 k €	-34.7%	275,8 k €	-13.8%	319,8 k €	-5.3%	337,6 k €	-35.5%	523 k €	-22.3%	673,3 k €
Net result	24,8 k €	-63.6%	68 k €	-64.2%	190,3 k €	+27.2%	149,6 k €	-33.5%	224,8 k €	+76.9%	127,1 k €	-15.3%	150 k €	+233%	45,1 k €	+559%	-9,8 k €	-113%	78,3 k €	-5.5%	82,9 k €	-52.7%	175,3 k €	-11.3%	197,7 k €	+109%	94,7 k €	+28.0%	74 k €	-70.8%	253,1 k €	+12.8%	224,4 k €	-31.7%	328,6 k €	-22.0%	421,3 k €
Balance sheet
Equity	643,9 k €	-10.5%	719,2 k €	-9.1%	791,1 k €	+5.5%	749,8 k €	+0.1%	749,2 k €	+6.4%	704,4 k €	-1.8%	717,3 k €	+0.3%	715,3 k €	-11.7%	810,2 k €	-12.8%	929,1 k €	-4.3%	970,9 k €	-6.5%	1 M €	+1.5%	1 M €	+3.8%	984,9 k €	-7.5%	1,1 M €	-10.6%	1,2 M €	-3.8%	1,2 M €	-5.8%	1,3 M €	+2.2%	1,3 M €
Total assets	1,2 M €	-11.3%	1,3 M €	-5.2%	1,4 M €	+4.6%	1,3 M €	+0.3%	1,3 M €	+12.8%	1,2 M €	-0.9%	1,2 M €	+4.1%	1,1 M €	-3.6%	1,2 M €	-10.7%	1,3 M €	-6.4%	1,4 M €	-5.7%	1,5 M €	-4.0%	1,5 M €	+4.8%	1,5 M €	-10.1%	1,6 M €	-23.0%	2,1 M €	-6.2%	2,3 M €	-4.5%	2,4 M €	+2.5%	2,3 M €
Cash	306,7 k €	+82.0%	168,5 k €	-46.4%	314,3 k €	-12.4%	358,9 k €	-19.7%	446,9 k €	+18.3%	377,9 k €	+2.9%	367,2 k €	+16.0%	316,5 k €	+17.2%	269,9 k €	-5.1%	284,5 k €	-44.6%	513,3 k €	+42.1%	361,3 k €	-4.3%	377,6 k €	+1.9%	370,6 k €	-8.6%	405,3 k €	-41.5%	692,5 k €	-50.5%	1,4 M €	-12.1%	1,6 M €	+50.1%	1,1 M €
Debts	509,6 k €	-12.4%	582 k €	+0.0%	581,7 k €	+3.4%	562,8 k €	+0.6%	559,4 k €	+22.8%	455,5 k €	+0.4%	453,7 k €	+10.8%	409,4 k €	+14.8%	356,5 k €	+2.9%	346,5 k €	-12.1%	394,1 k €	-4.1%	411 k €	-15.7%	487,6 k €	+7.1%	455,3 k €	-15.7%	540 k €	-40.2%	903,5 k €	-9.4%	997,3 k €	-3.0%	1 M €	+3.0%	998,8 k €
Other
Workforce	–		–		–		–		–		–		18,1 ETP	-8.1%	19,7 ETP	+1.5%	19,4 ETP	+1.6%	19,1 ETP	+21.7%	15,7 ETP	-3.7%	16,3 ETP	-4.7%	17,1 ETP	-10.5%	19,1 ETP	+5.5%	18,1 ETP	-11.7%	20,5 ETP	+11.4%	18,4 ETP	+26.0%	14,6 ETP	0.0%	14,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Patricia CLAES

Director

Active

Ended mandates

Patricia CLAES

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
B.S.M.● Active	0437.311.731
H.S. TEAM● Active	0831.746.789

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	25/08/2026	14/08/2025	14/08/2024	20/06/2023	10/08/2022	30/07/2021
General meeting	30/06/2026	30/06/2025	26/04/2024	26/05/2023	29/04/2022	30/04/2021
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
Micro model	31/12/2025	30/06/2026	25/08/2026	French	PDF
Micro model	31/12/2024	30/06/2025	14/08/2025	French	PDF
Micro model	31/12/2023	26/04/2024	14/08/2024	French	PDF
Micro model	31/12/2022	26/05/2023	20/06/2023	French	PDF
Micro model	31/12/2021	29/04/2022	10/08/2022	French	PDF
Micro model	31/12/2020	30/04/2021	30/07/2021	French	PDF
Abridged model	31/12/2019	24/04/2020	20/08/2020	French	PDF
Abridged model	31/12/2018	26/04/2019	27/08/2019	French	PDF
Abridged model	31/12/2017	27/04/2018	23/07/2018	French	PDF
Abridged model	31/12/2016	28/04/2017	29/08/2017	French	PDF
Abridged model	31/12/2015	29/04/2016	09/08/2016	French	PDF
Abridged model	31/12/2014	22/09/2015	26/11/2015	French	PDF
Abridged model	31/12/2013	24/06/2014	31/08/2014	French	PDF
Abridged model	31/12/2012	18/06/2013	31/07/2013	French	PDF
Abridged model	31/12/2011	11/12/2012	21/12/2012	French	PDF
Abridged model	31/12/2010	27/06/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	30/11/2010	24/12/2010	French	PDF
Abridged model	31/12/2008	17/02/2010	29/03/2010	French	PDF
Abridged model	31/12/2007	29/01/2009	28/02/2009	French	PDF
Abridged model	31/12/2006	10/06/2007	09/01/2008	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 1 ended

Active mandates

Patricia CLAES

Director

Active

Ended mandates

Patricia CLAES

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/04/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates09/05/2022
DEMISSIONS, NOMINATIONS
PDF
Registered office08/07/2019
SIEGE SOCIAL
PDF
Capital / shares23/02/2010
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 202524,8 k €↓
2024
Annual accounts 202468 k €↓
2023
Annual accounts 2023190,3 k €↑
2022
Annual accounts 2022149,6 k €↓
2021
Annual accounts 2021224,8 k €↑
2020
Annual accounts 2020127,1 k €↓
2019
Annual accounts 2019150 k €↑
2018
Annual accounts 201845,1 k €↑
2017
Annual accounts 2017-9,8 k €↓
2016
Annual accounts 201678,3 k €↓
2015
Annual accounts 201582,9 k €↓
2014
Annual accounts 2014175,3 k €↓
2013
Annual accounts 2013197,7 k €↑
2012
Annual accounts 201294,7 k €↑
2011
Annual accounts 201174 k €↓
2010
Annual accounts 2010253,1 k €↑
2009
Annual accounts 2009224,4 k €↓
2008
Annual accounts 2008328,6 k €↓
2007
Annual accounts 2007421,3 k €
14/04/1988
IncorporationPrivate limited company

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

Mistral

Overview

What does Mistral do?

Trend over 19 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