ACTIVE

Médecins Sans Vacances ASBL

Financial year 2025 · Closed on 31/12/2025

Net result3,9 k €+101,1 %over 1 year
Gross margin4,3 M €+29,4 %over 1 year
Equity1,9 M €+3,9 %over 1 year
Workforce16,8 ETP-7,7 %over 1 year

Identity

Source · BCE/KBO

Médecins Sans Vacances ASBL is a Non-profit organization incorporated in 1991. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Mechelen. It employs on average 16,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0448.723.978
Incorporation
28/11/1991
Legal form
Non-profit organization
Registered office
Zwartzustersvest 21
2800 Mechelen · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
16,8 ETP
Joint committees (1)
  • 32901
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 24 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin4,3 M €3,3 M €3,8 M €1,9 M €2 M €
EBITDA125,5 k €-225,8 k €-205,7 k €195,2 k €563,3 k €
Operating result-29 k €-367,8 k €-380,7 k €-86 k €145,5 k €
Net result3,9 k €-346,3 k €-437,6 k €-116,7 k €116,7 k €
Balance sheet
Equity1,9 M €1,9 M €2,2 M €2,7 M €2,8 M €
Total assets5,8 M €6,8 M €7,4 M €9,4 M €4,2 M €
Cash1,6 M €752,5 k €576 k €1,2 M €1,6 M €
Debts807,7 k €1 M €877,8 k €1,1 M €1,1 M €
Other
Workforce16,8 ETP18,2 ETP16,6 ETP16,7 ETP15,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 80 ended

Active mandates

Anselme Mubeneshayi Kananga

Director · since 14 juin 2025 · until 14 juin 2029

Active
Denis Porignon

Chairman of the board of directors · since 14 juin 2025 · until 14 juin 2029

Active
Ann Wynant

Director · since 29 avril 2023 · until 12 juin 2028

Active
Ludwig Apers

Director · since 30 avril 2022 · until 12 juin 2028

Active
Sabine Bleyaert

Director · since 30 avril 2022 · until 12 juin 2028

Active
Rik Vereecken

Director · since 25 juin 2020 · until 12 juin 2028

Active
Serge Beel

Director · since 25 juin 2020 · until 12 juin 2028

Active

Ended mandates

Ann Wijnant

Director · since 29 avril 2023 · until 30 avril 2027

Ended
Ludwig Apers

Director · since 30 avril 2022 · until 30 avril 2026

Ended
Sabine Bleyaert

Director · since 30 avril 2022 · until 30 avril 2026

Ended
Rik Vereecken

Director · since 25 juin 2020 · until 30 avril 2024

Ended

Other companies at this address

Zwartzustersvest 21 2800 Mechelen
CompanyCBE no.
DE POURCQ FARMA● Active
0896.643.551
VILA● Active
1041.264.811

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/06/202627/06/202528/06/202426/05/202301/06/202230/04/2021
General meeting20/06/202614/06/202512/06/202429/04/202330/04/202224/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 24 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/06/202622/06/2026DutchPDF
Abridged model31/12/202414/06/202527/06/2025DutchPDF
Abridged modelCorrection31/12/202312/06/202428/06/2024DutchPDF
Abridged model31/12/202312/06/202426/06/2024DutchPDF
Abridged model31/12/202229/04/202326/05/2023DutchPDF
Abridged model31/12/202130/04/202201/06/2022DutchPDF
Abridged model31/12/202024/04/202130/04/2021DutchPDF
Abridged model31/12/201925/06/202007/07/2020DutchPDF
Abridged model31/12/201827/04/201914/05/2019DutchPDF
Abridged model31/12/201728/04/201817/05/2018DutchPDF
Abridged model31/12/201625/03/201713/04/2017DutchPDF
Abridged model31/12/201528/04/201617/05/2016DutchPDF
Abridged model31/12/201428/04/201508/05/2015DutchPDF
Abridged model31/12/201326/04/201421/05/2014DutchPDF
Abridged model31/12/201225/04/201328/05/2013DutchPDF
Abridged model31/12/201124/04/201207/05/2012DutchPDF
Abridged model31/12/201028/04/201105/05/2011DutchPDF
Abridged model31/12/200927/04/201006/05/2010DutchPDF
Abridged modelCorrection31/12/200809/06/200918/01/2010DutchPDF
Abridged model31/12/200809/06/200910/06/2009DutchPDF
Abridged model31/12/200724/04/200805/05/2008DutchPDF
Abridged modelCorrection31/12/200626/04/200708/11/2007DutchPDF
Abridged model31/12/200626/04/200721/05/2007DutchPDF
Abridged model31/12/200524/04/200607/02/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 80 ended

Active mandates

Anselme Mubeneshayi Kananga

Director · since 14 juin 2025 · until 14 juin 2029

Active
Denis Porignon

Chairman of the board of directors · since 14 juin 2025 · until 14 juin 2029

Active
Ann Wynant

Director · since 29 avril 2023 · until 12 juin 2028

Active
Ludwig Apers

Director · since 30 avril 2022 · until 12 juin 2028

Active
Sabine Bleyaert

Director · since 30 avril 2022 · until 12 juin 2028

Active
Rik Vereecken

Director · since 25 juin 2020 · until 12 juin 2028

Active
Serge Beel

Director · since 25 juin 2020 · until 12 juin 2028

Active

Ended mandates

Ann Wijnant

Director · since 29 avril 2023 · until 30 avril 2027

Ended
Ludwig Apers

Director · since 30 avril 2022 · until 30 avril 2026

Ended
Sabine Bleyaert

Director · since 30 avril 2022 · until 30 avril 2026

Ended
Rik Vereecken

Director · since 25 juin 2020 · until 30 avril 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates14/08/2026
    ontslag en benoeming bestuurders
    PDF
  • Capital / shares17/10/2025
    CAPITAL, ACTIONS
    PDF
  • Capital / shares17/10/2025
    KAPITAAL - AANDELEN
    PDF
  • Mandates21/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring26/05/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates30/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/10/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20253,9 k €↑
  2. 2024
    Annual accounts 2024-346,3 k €↑
  3. 2023
    Annual accounts 2023-437,6 k €↓
  4. 2022
    Annual accounts 2022-116,7 k €↓
  5. 2021
    Annual accounts 2021116,7 k €↑
  6. 2020
    Annual accounts 202064,3 k €↑
  7. 2019
    Annual accounts 2019-78,9 k €↓
  8. 2018
    Annual accounts 2018204,8 k €↑
  9. 2017
    Annual accounts 20174,8 k €↑
  10. 2016
    Annual accounts 2016-245,5 k €↓
  11. 2015
    Annual accounts 201574,1 k €↑
  12. 2014
    Annual accounts 201470,2 k €↑
  13. 2013
    Annual accounts 2013-5 k €↓
  14. 2012
    Annual accounts 2012457,6 k €↑
  15. 2011
    Annual accounts 2011-180,6 k €↓
  16. 2010
    Annual accounts 2010-106,5 k €↓
  17. 2009
    Annual accounts 2009401,8 k €↑
  18. 2008
    Annual accounts 2008-2,6 k €↑
  19. 2007
    Annual accounts 2007-90,2 k €
  20. 28/11/1991
    IncorporationNon-profit organization