ACTIVE

MELIORARE

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Financial year 2025 · closed on 31/12/2025

Net result

-10,2 k €

-109.3% YoY

Gross margin

251,1 k €

-28.6% YoY

Equity

1,5 M €

-0.8% YoY

Workforce

0,0 ETP

What does MELIORARE do?

MELIORARE is a Public limited company incorporated in 1993. Its registered office is in Turnhout.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0451.505.801

Incorporation

03/12/1993

Legal form

Public limited company

Registered office

Leopoldstraat 2A box 1
2300 Turnhout · FlandreSee on map

Contributed capital

783 343,53 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Signals

Solid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

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
Gross margin	251,1 k €	-28.6%	351,4 k €	+16.6%	301,4 k €	+21.9%	247,3 k €	+4.7%	236,3 k €	+28.3%	184,2 k €	-17.9%	224,3 k €	+40.2%	160 k €	+18.4%	135,1 k €	+16.7%	115,7 k €	+8.8%	106,3 k €	-25.6%	143 k €	-23.2%	186,2 k €	-14.4%	217,5 k €	+13.9%	191 k €	+72.0%	111 k €	+2.8%	108 k €	-9.3%	119,1 k €	-2.9%	122,6 k €	+41.4%	86,7 k €
EBITDA	198,8 k €	-33.7%	299,9 k €	+19.1%	251,8 k €	+167%	94,4 k €	-52.6%	199,2 k €	+35.1%	147,5 k €	+28.5%	114,8 k €	+13.6%	101,1 k €	-9.1%	111,2 k €	+20.5%	92,2 k €	+11.2%	83 k €	-30.7%	119,7 k €	-26.7%	163,3 k €	-15.8%	194 k €	+15.2%	168,4 k €	+295%	42,6 k €	+138%	17,9 k €	-82.7%	103,6 k €	-3.3%	107,2 k €	+52.7%	70,2 k €
Operating result	33,2 k €	-75.6%	135,8 k €	+47.7%	92 k €	+245%	-63,4 k €	-217%	54,1 k €	+823%	5,9 k €	+122%	-26,7 k €	-55.7%	-17,2 k €	-427%	5,3 k €	+142%	-12,5 k €	+28.6%	-17,5 k €	-186%	20,4 k €	-67.7%	63 k €	-34.8%	96,6 k €	+9.0%	88,7 k €	+368%	-33,1 k €	+38.7%	-54,1 k €	-211%	48,7 k €	-3.0%	50,2 k €	+264%	13,8 k €
Net result	-10,2 k €	-109%	108,7 k €	+106%	52,8 k €	+151%	-104,1 k €	-486%	26,9 k €	+217%	-23 k €	+33.7%	-34,8 k €	-889%	4,4 k €	+121%	-21,2 k €	+27.7%	-29,4 k €	+33.3%	-44,1 k €	-202%	-14,6 k €	-146%	31,5 k €	-61.9%	82,7 k €	-62.1%	218,3 k €	+471%	-58,9 k €	-12.0%	-52,6 k €	-211%	47,5 k €	+47.1%	32,3 k €	+356%	-12,6 k €
Balance sheet
Equity	1,5 M €	-0.8%	1,5 M €	+7.6%	1,4 M €	+3.8%	1,3 M €	-7.3%	1,5 M €	+1.7%	1,4 M €	-1.7%	1,5 M €	-2.5%	1,5 M €	+0.1%	1,5 M €	-1.5%	1,5 M €	-2.0%	1,5 M €	-2.9%	1,6 M €	-1.0%	1,6 M €	+1.9%	1,6 M €	+5.4%	1,5 M €	+16.6%	1,3 M €	-4.4%	1,3 M €	-3.9%	1,4 M €	+3.3%	1,4 M €	+2.3%	1,3 M €
Total assets	4,1 M €	+9.9%	3,7 M €	+1.3%	3,7 M €	-1.5%	3,7 M €	+32.4%	2,8 M €	-4.0%	2,9 M €	-1.8%	3 M €	+15.1%	2,6 M €	+9.4%	2,4 M €	-2.2%	2,4 M €	-4.6%	2,6 M €	-4.3%	2,7 M €	-2.7%	2,7 M €	-20.6%	3,5 M €	+18.7%	2,9 M €	-0.1%	2,9 M €	+13.6%	2,6 M €	+37.4%	1,9 M €	-5.7%	2 M €	-2.7%	2 M €
Cash	176,8 k €	+55.7%	113,5 k €	+14.5%	99,1 k €	-8.8%	108,7 k €	-67.5%	334 k €	-22.1%	428,7 k €	+21.9%	351,8 k €	-30.4%	505,1 k €	+1311%	35,8 k €	+9.4%	32,7 k €	-70.0%	108,9 k €	+70.8%	63,7 k €	-44.2%	114,3 k €	-89.5%	1,1 M €	+6360%	16,8 k €	-66.4%	50,1 k €	-58.5%	120,5 k €	+298%	30,3 k €	-39.0%	49,6 k €	-35.2%	76,5 k €
Debts	2,6 M €	+14.6%	2,2 M €	-2.8%	2,3 M €	-4.4%	2,4 M €	+74.4%	1,4 M €	-9.4%	1,5 M €	-1.8%	1,5 M €	+39.6%	1,1 M €	+28.5%	861,3 k €	-2.7%	885,3 k €	-8.6%	968,7 k €	-6.3%	1 M €	-4.9%	1,1 M €	-40.5%	1,8 M €	+35.0%	1,4 M €	-16.7%	1,6 M €	+33.4%	1,2 M €	+161%	465,6 k €	-25.2%	622,6 k €	-12.0%	707,3 k €
Other
Workforce	0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

John Glenisson

Director · since 06 juin 2025 · until 11 juin 2026

Active

Ghislenus Glenisson

Director

Active

Ended mandates

Ghislenius Glenisson

Managing director · since 07 juin 2019 · until 07 juin 2025

Ended

Ghislenus Glenisson

Managing director · since 07 juin 2019 · until 07 juin 2025

Ended

John Glenisson

Director · since 07 juin 2019 · until 07 juin 2025

Ended

John Glenissong

Director · since 07 juin 2019 · until 07 juin 2025

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged 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	03/07/2026	08/07/2025	20/06/2024	05/06/2023	09/06/2022	10/06/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	03/07/2026	Dutch	PDF
Micro model	31/12/2024	06/06/2025	08/07/2025	Dutch	PDF
Micro model	31/12/2023	07/06/2024	20/06/2024	Dutch	PDF
Micro model	31/12/2022	02/06/2023	05/06/2023	Dutch	PDF
Micro model	31/12/2021	03/06/2022	09/06/2022	Dutch	PDF
Micro model	31/12/2020	04/06/2021	10/06/2021	Dutch	PDF
Micro model	31/12/2019	05/06/2020	12/06/2020	Dutch	PDF
Micro model	31/12/2018	07/06/2019	25/06/2019	Dutch	PDF
Micro model	31/12/2017	01/06/2018	21/06/2018	Dutch	PDF
Micro model	31/12/2016	02/06/2017	20/06/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	28/06/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	27/06/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	24/06/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	02/07/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	09/06/2008	Dutch	PDF
Abridged model	31/12/2006	27/06/2007	23/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 2 active · 19 ended

Active mandates

John Glenisson

Director · since 06 juin 2025 · until 11 juin 2026

Active

Ghislenus Glenisson

Director

Active

Ended mandates

Ghislenius Glenisson

Managing director · since 07 juin 2019 · until 07 juin 2025

Ended

Ghislenus Glenisson

Managing director · since 07 juin 2019 · until 07 juin 2025

Ended

John Glenisson

Director · since 07 juin 2019 · until 07 juin 2025

Ended

John Glenissong

Director · since 07 juin 2019 · until 07 juin 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/07/2026
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other06/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates02/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/07/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/01/2012
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates13/02/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/01/2006
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025-10,2 k €↓
2024
Annual accounts 2024108,7 k €↑
2023
Annual accounts 202352,8 k €↑
2022
Annual accounts 2022-104,1 k €↓
2021
Annual accounts 202126,9 k €↑
2020
Annual accounts 2020-23 k €↑
2019
Annual accounts 2019-34,8 k €↓
2018
Annual accounts 20184,4 k €↑
2017
Annual accounts 2017-21,2 k €↑
2016
Annual accounts 2016-29,4 k €↑
2015
Annual accounts 2015-44,1 k €↓
2014
Annual accounts 2014-14,6 k €↓
2013
Annual accounts 201331,5 k €↓
2012
Annual accounts 201282,7 k €↓
2011
Annual accounts 2011218,3 k €↑
2010
Annual accounts 2010-58,9 k €↓
2009
Annual accounts 2009-52,6 k €↓
2008
Annual accounts 200847,5 k €↑
2007
Annual accounts 200732,3 k €↑
2006
Annual accounts 2006-12,6 k €
03/12/1993
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

MELIORARE

Overview

What does MELIORARE do?

Trend over 20 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