ACTIVE

MORREN & JOROFRU

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Financial year 2025 · closed on 30/06/2025

Net result

426,6 k €

+455.7% YoY

Gross margin

1,5 M €

+239.4% YoY

Equity

785,1 k €

+118.8% YoY

Workforce

12,6 ETP

-42.7% YoY

What does MORREN & JOROFRU do?

MORREN & JOROFRU is a Public limited company incorporated in 1988. Its main activity is: Growing of vegetables and melons, roots and tubers. Its registered office is in Halen. It employs on average 12,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.284.539

Incorporation

17/05/1988

Legal form

Public limited company

Registered office

Bosstraat 83
3545 Halen · FlandreSee on map

Contributed capital

66 440,00 €

Latest accounts

30/06/2025

Average workforce

12,6 ETP

Activities (NACE)

01130Growing of vegetables and melons, roots and tubers· main 01240Growing of pome fruits and stone fruits 01240Growing of pome fruits and stone fruits 01123Growing of rice 01301Plant propagation 01301Plant propagation

Joint committees (6)

14005
145
14505
1450520
200
218

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 15 financial years

	2025		2023		2022		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,5 M €	+239%	436,8 k €	+3.6%	421,6 k €	-55.5%	947,7 k €	+8.2%	876,1 k €	+25.7%	697,2 k €	+29.8%	537,3 k €	-38.5%	873 k €	+5.9%	824,1 k €	-16.8%	991 k €	+9.5%	904,9 k €	-11.1%	1 M €	-1.9%	1 M €	+16.7%	889,3 k €	+25.3%	709,9 k €
EBITDA	432 k €	+564%	-93,1 k €	-65.4%	-56,3 k €	-122%	254,4 k €	+3.7%	245,3 k €	+1495%	15,4 k €	+119%	-82,4 k €	-129%	284,6 k €	+148%	114,9 k €	-53.9%	249,3 k €	-5.1%	262,8 k €	-16.1%	313,2 k €	-19.3%	388 k €	+59.3%	243,5 k €	+28.9%	188,9 k €
Operating result	422,6 k €	+449%	-121,2 k €	-43.1%	-84,7 k €	-169%	122,4 k €	-25.3%	163,9 k €	+243%	-114,3 k €	+40.3%	-191,4 k €	-245%	132,4 k €	+526%	-31,1 k €	-135%	89,2 k €	+44.8%	61,6 k €	-48.9%	120,5 k €	-45.2%	219,9 k €	+454%	39,7 k €	+73.1%	22,9 k €
Net result	426,6 k €	+456%	-119,9 k €	-41.8%	-84,6 k €	-180%	106,1 k €	-35.9%	165,5 k €	+297%	-83,8 k €	+39.6%	-138,9 k €	-229%	107,3 k €	-16.1%	127,9 k €	+0.6%	127,1 k €	+58.4%	80,2 k €	-53.4%	172,1 k €	-25.9%	232,4 k €	+345%	52,2 k €	+61.2%	32,4 k €
Balance sheet
Equity	785,1 k €	+119%	358,8 k €	-25.1%	479 k €	-48.2%	925,2 k €	-51.1%	1,9 M €	+5.0%	1,8 M €	-4.9%	1,9 M €	-7.3%	2 M €	+5.0%	1,9 M €	+5.6%	1,8 M €	+8.4%	1,7 M €	+4.9%	1,6 M €	+9.6%	1,5 M €	+10.2%	1,3 M €	+4.0%	1,3 M €
Total assets	1,1 M €	+39.0%	825,9 k €	-8.0%	897,4 k €	-36.7%	1,4 M €	-37.2%	2,3 M €	+4.7%	2,2 M €	-5.2%	2,3 M €	-7.9%	2,5 M €	-8.2%	2,7 M €	+10.3%	2,4 M €	+13.0%	2,2 M €	+2.6%	2,1 M €	-32.3%	3,1 M €	+20.4%	2,6 M €	+14.8%	2,2 M €
Cash	492,7 k €	+318%	117,9 k €	+16.4%	101,3 k €	-68.5%	321,8 k €	+8.7%	296,2 k €	+419%	57,1 k €	-69.1%	184,9 k €	+25.0%	148 k €	-64.1%	412,3 k €	+15.7%	356,5 k €	+44.5%	246,7 k €	+180%	88 k €	-88.0%	736 k €	+48.2%	496,5 k €	-4.0%	517 k €
Debts	219,1 k €	-33.7%	330,5 k €	+17.6%	280,9 k €	-10.6%	314,2 k €	+20.3%	261,1 k €	+3.6%	252,1 k €	-12.2%	287,3 k €	+6.0%	271 k €	-48.3%	524,3 k €	+15.8%	452,6 k €	+43.3%	315,9 k €	-20.6%	397,8 k €	-74.9%	1,6 M €	+31.2%	1,2 M €	+29.9%	930,3 k €
Other
Workforce	12,6 ETP	-42.7%	22,0 ETP	+78.9%	12,3 ETP	-60.3%	31,0 ETP	-6.1%	33,0 ETP	-2.9%	34,0 ETP	-3.4%	35,2 ETP	+8.6%	32,4 ETP	+8.7%	29,8 ETP	-36.7%	47,1 ETP	+34.6%	35,0 ETP	-6.9%	37,6 ETP	+73.3%	21,7 ETP	+2.4%	21,2 ETP	+24.7%	17,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 25 ended

Active mandates

Reinout Jozef Sevenants

Managing director · since 08 août 2025 · until 07 août 2031

Active

Hilde Morren

Managing director · since 29 mars 2022 · until 28 mars 2028

Active

Jozef Morren

Managing director · since 29 mars 2022 · until 28 mars 2028

Active

Ended mandates

Hilde Morren

Managing director · since 29 mars 2022 · until 18 mars 2028

Ended

Jozef Morren

Managing director · since 29 mars 2022 · until 18 mars 2028

Ended

Hilde Morren

Director · since 18 avril 2016 · until 29 mars 2022

Ended

Hilde MORREN

Director · since 18 avril 2016 · until 19 mars 2022

Ended

Annual accounts

Full financial information

	2025	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	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019	01/10/2018
Closing of the financial year	30/06/2025	30/09/2023	30/09/2022	30/09/2021	30/09/2020	30/09/2019
Length of the financial year	21 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/01/2026	30/04/2024	24/04/2023	30/03/2022	23/04/2021	24/04/2020
General meeting	19/12/2025	29/03/2024	27/03/2023	29/03/2022	31/03/2021	31/03/2020
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

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	30/06/2025	19/12/2025	15/01/2026	Dutch	PDF
Abridged model	30/09/2023	29/03/2024	30/04/2024	Dutch	PDF
Abridged model	30/09/2022	27/03/2023	24/04/2023	Dutch	PDF
Abridged model	30/09/2021	29/03/2022	30/03/2022	Dutch	PDF
Abridged model	30/09/2020	31/03/2021	23/04/2021	Dutch	PDF
Abridged model	30/09/2019	31/03/2020	24/04/2020	Dutch	PDF
Abridged modelCorrection	30/09/2018	27/03/2019	08/04/2019	Dutch	PDF
Abridged model	30/09/2018	27/03/2019	29/03/2019	Dutch	PDF
Abridged model	30/09/2017	30/03/2018	16/04/2018	Dutch	PDF
Abridged model	30/09/2016	24/05/2017	01/06/2017	Dutch	PDF
Abridged model	30/09/2015	18/04/2016	22/04/2016	Dutch	PDF
Abridged model	30/09/2014	17/04/2015	20/04/2015	Dutch	PDF
Abridged model	30/09/2013	28/05/2014	28/05/2014	Dutch	PDF
Abridged model	30/09/2012	28/05/2013	31/05/2013	Dutch	PDF
Abridged model	30/09/2011	27/04/2012	28/04/2012	Dutch	PDF
Abridged model	30/09/2010	29/04/2011	30/04/2011	Dutch	PDF
Abridged model	30/09/2009	30/03/2010	30/04/2010	Dutch	PDF
Abridged model	30/09/2008	21/03/2009	31/03/2009	Dutch	PDF
Abridged model	30/09/2007	15/03/2008	15/04/2008	Dutch	PDF
Abridged model	30/09/2006	17/03/2007	16/04/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 30/06/2025 · 3 active · 25 ended

Active mandates

Reinout Jozef Sevenants

Managing director · since 08 août 2025 · until 07 août 2031

Active

Hilde Morren

Managing director · since 29 mars 2022 · until 28 mars 2028

Active

Jozef Morren

Managing director · since 29 mars 2022 · until 28 mars 2028

Active

Ended mandates

Hilde Morren

Managing director · since 29 mars 2022 · until 18 mars 2028

Ended

Jozef Morren

Managing director · since 29 mars 2022 · until 18 mars 2028

Ended

Hilde Morren

Director · since 18 avril 2016 · until 29 mars 2022

Ended

Hilde MORREN

Director · since 18 avril 2016 · until 19 mars 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/04/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates13/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares02/03/2018
KAPITAAL - AANDELEN
PDF
Mandates16/06/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/06/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/11/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/02/2009
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 2025426,6 k €↑
2023
Annual accounts 2023-119,9 k €↓
2022
Annual accounts 2022-84,6 k €↓
2018
Annual accounts 2018106,1 k €↓
2017
Annual accounts 2017165,5 k €↑
2015
Annual accounts 2015-83,8 k €↑
2014
Annual accounts 2014-138,9 k €↓
2013
Annual accounts 2013107,3 k €↓
2012
Annual accounts 2012127,9 k €↑
2011
Annual accounts 2011127,1 k €↑
2010
Annual accounts 201080,2 k €↓
2009
Annual accounts 2009172,1 k €↓
2008
Annual accounts 2008232,4 k €↑
2007
Annual accounts 200752,2 k €↑
2006
Annual accounts 200632,4 k €
17/05/1988
IncorporationPublic 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

MORREN & JOROFRU

Overview

What does MORREN & JOROFRU do?

Trend over 15 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