MORRAN
0444.362.245 · rovalta.com · 22/09/2026
ACTIVE
MORRAN
Financial year 2025 · closed on 31/12/2025
Net result
789,2 k €
+122.2% YoY
Revenue
1,7 M €
+414.2% YoY
Equity
4,1 M €
+24.2% YoY
Workforce
2,1 ETP
+5.0% YoY
Overview
What does MORRAN do?
MORRAN is a Public limited company incorporated in 1991. Its registered office is in Maasmechelen. It employs on average 2,1 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0444.362.245
Incorporation
07/06/1991
Legal form
Public limited company
Registered office
Kruindersweg(E) 94
3630 Maasmechelen · FlandreSee on map
3630 Maasmechelen · FlandreSee on map
Contributed capital
6 428 774,44 €
Latest accounts
31/12/2025
Average workforce
2,1 ETP
Joint committees (2)
- 200
- 218
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHigh revenue
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Revenue | 1,7 M € | +414% | 330,3 k € | -21.0% | 418,3 k € | -8.3% | 456,1 k € | +19.1% | 382,8 k € | -0.2% | 383,5 k € | -17.0% | 461,8 k € | -8.4% | 503,9 k € | -3.8% | 523,6 k € | -3.1% | 540,7 k € | -14.5% | 632,4 k € | -2.4% | 647,8 k € | -1.5% | 657,4 k € | – | – | – | – | 407,1 k € | +7.3% | 379,5 k € | +20.8% | 314 k € | |||||
| EBITDA | 1,2 M € | +2611% | 44,8 k € | -63.1% | 121,4 k € | +12.3% | 108,1 k € | +1726% | 5,9 k € | +184% | -7,1 k € | +20.7% | -8,9 k € | +27.0% | -12,2 k € | +88.9% | -110,1 k € | -40.4% | -78,4 k € | -620% | -10,9 k € | +91.0% | -120,6 k € | -1807% | 7,1 k € | +162% | -11,4 k € | +73.7% | -43,2 k € | -5.0% | -41,1 k € | +40.4% | -69,1 k € | +16.0% | -82,2 k € | -80.0% | -45,6 k € | -388% | -9,4 k € |
| Operating result | 1,2 M € | +3647% | 31,7 k € | -71.5% | 111,2 k € | +11.3% | 99,9 k € | +4448% | -2,3 k € | +79.5% | -11,2 k € | +45.0% | -20,3 k € | +13.9% | -23,6 k € | +80.6% | -121,5 k € | -43.3% | -84,8 k € | -678% | -10,9 k € | +91.3% | -125,6 k € | -6086% | 2,1 k € | +113% | -16,3 k € | +62.2% | -43,2 k € | -5.0% | -41,1 k € | +40.4% | -69,1 k € | +17.0% | -83,2 k € | -56.4% | -53,2 k € | -215% | -16,9 k € |
| Net result | 789,2 k € | +122% | -3,6 M € | -1669% | 226,6 k € | +156% | 88,4 k € | +991% | -9,9 k € | +80.4% | -50,5 k € | -171% | 71,5 k € | -9.9% | 79,4 k € | -90.8% | 865,5 k € | +1424% | -65,4 k € | -1032% | -5,8 k € | -104% | 153,6 k € | +1390% | -11,9 k € | +70.7% | -40,6 k € | +77.6% | -181,3 k € | -384% | 63,8 k € | +717% | -10,3 k € | +84.3% | -66,1 k € | -2385% | -2,7 k € | +97.7% | -113,5 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 4,1 M € | +24.2% | 3,3 M € | -52.1% | 6,8 M € | -10.4% | 7,6 M € | +1.2% | 7,5 M € | -0.1% | 7,5 M € | -0.7% | 7,6 M € | +1.0% | 7,5 M € | +1.1% | 7,4 M € | +62.7% | 4,6 M € | -1.4% | 4,6 M € | -0.1% | 4,6 M € | +3.4% | 4,5 M € | -0.3% | 4,5 M € | -0.9% | 4,5 M € | -3.8% | 4,7 M € | +1.4% | 4,7 M € | -0.2% | 4,7 M € | -1.4% | 4,7 M € | -0.1% | 4,7 M € |
| Total assets | 8,1 M € | +25.1% | 6,4 M € | -35.7% | 10 M € | +0.5% | 10 M € | -1.9% | 10,2 M € | -1.9% | 10,4 M € | +1.2% | 10,2 M € | +18.1% | 8,7 M € | +1.6% | 8,5 M € | -1.8% | 8,7 M € | +3.6% | 8,4 M € | -6.7% | 9 M € | +2.1% | 8,8 M € | -1.0% | 8,9 M € | +1.7% | 8,7 M € | +14.2% | 7,7 M € | +2.5% | 7,5 M € | -1.3% | 7,6 M € | -4.4% | 7,9 M € | -3.5% | 8,2 M € |
| Cash | 202,8 k € | -58.5% | 488,5 k € | +125% | 217,4 k € | +43.2% | 151,8 k € | +746% | 18 k € | -43.5% | 31,7 k € | +58.0% | 20,1 k € | +249% | 5,8 k € | -64.6% | 16,3 k € | -60.7% | 41,4 k € | +221% | 12,9 k € | +638% | 1,8 k € | -83.0% | 10,3 k € | -48.3% | 19,9 k € | -75.1% | 79,6 k € | -89.0% | 722 k € | +25106% | 2,9 k € | -66.5% | 8,6 k € | -36.3% | 13,4 k € | -65.0% | 38,4 k € |
| Debts | 4 M € | +26.1% | 3,2 M € | -0.7% | 3,2 M € | +35.6% | 2,3 M € | -10.7% | 2,6 M € | -6.5% | 2,8 M € | +6.3% | 2,6 M € | +131% | 1,1 M € | +5.4% | 1,1 M € | -73.5% | 4,1 M € | +9.8% | 3,7 M € | -13.8% | 4,3 M € | +0.8% | 4,3 M € | -1.7% | 4,4 M € | +4.4% | 4,2 M € | +43.2% | 2,9 M € | +4.5% | 2,8 M € | -3.0% | 2,9 M € | -8.9% | 3,2 M € | -8.3% | 3,5 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 2,1 ETP | +5.0% | 2,0 ETP | -4.8% | 2,1 ETP | -25.0% | 2,8 ETP | -40.4% | 4,7 ETP | -6.0% | 5,0 ETP | -25.4% | 6,7 ETP | -31.6% | 9,8 ETP | +4.3% | 9,4 ETP | 0.0% | 9,4 ETP | +3.3% | 9,1 ETP | -16.5% | 10,9 ETP | -5.2% | 11,5 ETP | +0.9% | 11,4 ETP | +62.9% | 7,0 ETP | +27.3% | 5,5 ETP | -12.7% | 6,3 ETP | -13.7% | 7,3 ETP | +12.3% | 6,5 ETP | -4.4% | 6,8 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 18 ended
Active mandates
Jean-Luc Kumpen
ActiveEnded mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Fashion Point● Active | 0417.996.259 |
| 0541.555.552 |
Financials
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 | 31/08/2026 | 29/08/2025 | 30/07/2024 | 31/08/2023 | 31/08/2022 | 31/08/2021 |
| General meeting | 30/06/2026 | 30/06/2025 | 30/06/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 30/06/2026 | 31/08/2026 | Dutch | |
| Full model | 31/12/2024 | 30/06/2025 | 29/08/2025 | Dutch | |
| Full model | 31/12/2023 | 30/06/2024 | 30/07/2024 | Dutch | |
| Full model | 31/12/2022 | 30/06/2023 | 31/08/2023 | Dutch | |
| Full model | 31/12/2021 | 30/06/2022 | 31/08/2022 | Dutch | |
| Full model | 31/12/2020 | 30/06/2021 | 31/08/2021 | Dutch | |
| Full model | 31/12/2019 | 30/06/2020 | 28/07/2020 | Dutch | |
| Full model | 31/12/2018 | 24/06/2019 | 18/07/2019 | Dutch | |
| Full model | 31/12/2017 | 04/06/2018 | 25/06/2018 | Dutch | |
| Full model | 31/12/2016 | 06/06/2017 | 19/06/2017 | Dutch | |
| Full model | 31/12/2015 | 27/06/2016 | 15/07/2016 | Dutch | |
| Full model | 31/12/2014 | 29/06/2015 | 23/07/2015 | Dutch | |
| Full model | 31/12/2013 | 30/06/2014 | 18/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 03/06/2013 | 25/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 04/06/2012 | 23/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 10/06/2011 | 23/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 11/06/2010 | 24/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 12/06/2009 | 22/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 13/06/2008 | 23/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 20/06/2007 | 13/08/2007 | Dutch |
Valuation
Estimate
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 18 ended
Active mandates
Jean-Luc Kumpen
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Capital / shares10/11/2023KAPITAAL - AANDELEN
- Mandates04/01/2022ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates25/11/2021STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
- Mandates13/05/2020ONTSLAGEN - BENOEMINGEN
- Mandates20/07/2018ONTSLAGEN - BENOEMINGEN
- Capital / shares10/02/2017KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates14/01/2013ONTSLAGEN - BENOEMINGEN
- Mandates06/11/2006ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025789,2 k €↑
- 2024Annual accounts 2024-3,6 M €↓
- 2023Annual accounts 2023226,6 k €↑
- 2022Annual accounts 202288,4 k €↑
- 2021Annual accounts 2021-9,9 k €↑
- 2020Annual accounts 2020-50,5 k €↓
- 2019Annual accounts 201971,5 k €↓
- 2018Annual accounts 201879,4 k €↓
- 2017Annual accounts 2017865,5 k €↑
- 2016Annual accounts 2016-65,4 k €↓
- 2015Annual accounts 2015-5,8 k €↓
- 2014Annual accounts 2014153,6 k €↑
- 2013Annual accounts 2013-11,9 k €↑
- 2012Annual accounts 2012-40,6 k €↑
- 2011Annual accounts 2011-181,3 k €↓
- 2010Annual accounts 201063,8 k €↑
- 2009Annual accounts 2009-10,3 k €↑
- 2008Annual accounts 2008-66,1 k €↓
- 2007Annual accounts 2007-2,7 k €↑
- 2006Annual accounts 2006-113,5 k €
- 07/06/1991IncorporationPublic limited company