ACTIVE

MEURICE RECHERCHE ET DEVELOPPEMENT - MEURICE RESEARCH AND DEVELOPMENT

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Financial year 2025 · Closed on 31/12/2025

Net result-52,7 k €+43,2 %over 1 year

Gross margin701,8 k €+15,2 %over 1 year

Equity2,7 M €-1,9 %over 1 year

Workforce9,3 ETP

Identity

Source · BCE/KBO

MEURICE RECHERCHE ET DEVELOPPEMENT - MEURICE RESEARCH AND DEVELOPMENT is a Non-profit organization incorporated in 1994. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Anderlecht. It employs on average 9,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0454.194.778
Incorporation: 29/12/1994
Legal form: Non-profit organization
Registered office: Avenue Emile Gryson 1
1070 Anderlecht · BruxellesSee on map
Latest accounts: 31/12/2025
Average workforce: 9,3 ETP

Activities (NACE)

72109Research and experimental development on natural sciences and engineering· main 72190Other research and experimental development on natural sciences and engineering 73100Advertising

Joint committees (1)

Contacts

1 public detail availableLog in to view

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	701,8 k €	+15.2%	609,3 k €	-17.0%	733,9 k €	+17.6%	623,9 k €	-31.1%	905,9 k €
EBITDA	7 k €	+110%	-71,5 k €	-260%	44,6 k €	+145%	-100,1 k €	-142%	236 k €
Operating result	-91,6 k €	+43.1%	-161 k €	-202%	-53,4 k €	+74.8%	-211,6 k €	-298%	106,7 k €
Net result	-52,7 k €	+43.2%	-92,7 k €	-857%	-9,7 k €	+96.6%	-284,5 k €	-296%	145,4 k €
Balance sheet
Equity	2,7 M €	-1.9%	2,7 M €	-3.3%	2,8 M €	-0.3%	2,8 M €	-9.1%	3,1 M €
Total assets	3,4 M €	+4.0%	3,2 M €	-1.7%	3,3 M €	-0.5%	3,3 M €	-8.3%	3,6 M €
Cash	676,9 k €	+160%	260,8 k €	-55.5%	585,6 k €	-42.8%	1 M €	-22.0%	1,3 M €
Debts	105,2 k €	-20.4%	132,1 k €	+26.1%	104,8 k €	+3.4%	101,4 k €	-30.6%	146,1 k €
Other
Workforce	9,3 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

10 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Claire LEHOUX	Director15/05/2018 → 19/05/2027
Jean Christophe BOGAERT	Director24/06/2021 → 19/05/2027
Vincent DUBOIS	Director18/05/2006 → 19/05/2027Managing director13/09/2007 → 20/05/2015ended
Catherine SAINT-HUBERT	Director21/05/2014 → 20/05/2026Managing director30/06/2020 → 30/06/2023ended
Jean-Pierre DATH	Chairman of the board of directors30/06/2020 → 20/05/2026Vice-chairman of the board of directors21/05/2014 → 17/05/2020ended
Georges JANNES	Director15/05/2013 → 15/05/2025Managing director15/05/2013 → 15/05/2022ended
Laurence VAN NEDERVELDE	Director15/05/2013 → 15/05/2025
Stefano CASCIATO	Director18/05/2016 → 15/05/2025
Renaud LORIDAN	Directorsince 24/06/2021
Alain DURIEUX	Directorsince 12/10/2007

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Christophe BOGAERT	Director24/06/2021 → 24/06/2024
Vincent Pierre M Dubois	Director24/06/2021 → 24/06/2024
Christian VANDECASSERIE	Vice-chairman of the board of directors18/05/2018 → 24/06/2021

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Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	12/06/2026	10/06/2026	10/06/2026	10/06/2026	21/10/2022	30/09/2021
General meeting	20/05/2026	15/05/2025	30/05/2024	17/05/2023	18/05/2022	24/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/05/2026	12/06/2026	French	PDF
Abridged model	31/12/2024	15/05/2025	10/06/2026	French	PDF
Abridged model	31/12/2023	30/05/2024	10/06/2026	French	PDF
Abridged model	31/12/2022	17/05/2023	10/06/2026	French	PDF
Abridged model	31/12/2021	18/05/2022	21/10/2022	French	PDF
Abridged model	31/12/2020	24/06/2021	30/09/2021	French	PDF
Abridged model	31/12/2019	30/06/2020	09/11/2020	French	PDF
Abridged model	31/12/2018	22/05/2019	09/11/2020	French	PDF
Abridged model	31/12/2017	16/05/2018	24/08/2018	French	PDF
Abridged model	31/12/2016	17/05/2017	21/08/2017	French	PDF
Abridged model	31/12/2015	18/05/2016	29/08/2016	French	PDF
Abridged model	31/12/2014	20/05/2015	22/08/2015	French	PDF
Abridged model	31/12/2013	21/05/2014	23/08/2014	French	PDF
Abridged model	31/12/2012	15/05/2013	30/09/2013	French	PDF
Abridged model	31/12/2011	14/05/2012	29/08/2012	French	PDF
Abridged model	31/12/2010	23/05/2011	08/08/2011	French	PDF
Abridged model	31/12/2009	19/05/2010	25/07/2010	French	PDF
Abridged model	31/12/2008	20/05/2009	25/07/2009	French	PDF
Abridged model	31/12/2007	22/05/2008	29/08/2008	French	PDF
Abridged model	31/12/2006	22/05/2007	08/08/2007	French	PDF

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

10 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Claire LEHOUX	Director15/05/2018 → 19/05/2027
Jean Christophe BOGAERT	Director24/06/2021 → 19/05/2027
Vincent DUBOIS	Director18/05/2006 → 19/05/2027Managing director13/09/2007 → 20/05/2015ended
Catherine SAINT-HUBERT	Director21/05/2014 → 20/05/2026Managing director30/06/2020 → 30/06/2023ended
Jean-Pierre DATH	Chairman of the board of directors30/06/2020 → 20/05/2026Vice-chairman of the board of directors21/05/2014 → 17/05/2020ended
Georges JANNES	Director15/05/2013 → 15/05/2025Managing director15/05/2013 → 15/05/2022ended
Laurence VAN NEDERVELDE	Director15/05/2013 → 15/05/2025
Stefano CASCIATO	Director18/05/2016 → 15/05/2025
Renaud LORIDAN	Directorsince 24/06/2021
Alain DURIEUX	Directorsince 12/10/2007

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Christophe BOGAERT	Director24/06/2021 → 24/06/2024
Vincent Pierre M Dubois	Director24/06/2021 → 24/06/2024
Christian VANDECASSERIE	Vice-chairman of the board of directors18/05/2018 → 24/06/2021

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates26/03/2025
DEMISSIONS, NOMINATIONS
PDF
Other05/03/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates21/12/2021
DEMISSIONS, NOMINATIONS
PDF
Other18/04/2019
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates18/04/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates26/02/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates22/10/2007
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Vincent DUBOIS

Claire LEHOUX

Jean Christophe BOGAERT

Catherine SAINT-HUBERT

Jean-Pierre DATH

Georges JANNES

Laurence VAN NEDERVELDE

Stefano CASCIATO

Renaud LORIDAN

Alain DURIEUX

Jean-Christophe BOGAERT

Vincent Pierre M Dubois

and 9 more mandates

1994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027

Meurice Recherche et Développement

Avenue Emile Gryson 1, 1070 Anderlecht

DirectorManaging director

Director

DirectorManaging director

Chairman of the board of directorsVice-chairman of the board of directors

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue Emile Gryson 1, 1070 AnderlechtCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00156478

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MEURICE RECHERCHE ET DEVELOPPEMENT - MEURICE RESEARCH AND DEVELOPMENTCurrent		CBE
Meurice Recherche et Développement	accounts 2021 → 2025	Accounts 2025 · 2026-00156478

Events

2025
Annual accounts 2025-52,7 k €↑
2024
Annual accounts 2024-92,7 k €↓
2023
Annual accounts 2023-9,7 k €↑
2022
Annual accounts 2022-284,5 k €↓
2021
Annual accounts 2021145,4 k €↓
2020
Annual accounts 2020151,7 k €↓
2019
Annual accounts 2019182,3 k €↓
2018
Annual accounts 2018202,9 k €↑
2017
Annual accounts 201773,4 k €↓
2016
Annual accounts 2016253,4 k €↑
2015
Annual accounts 2015-23,5 k €↓
2014
Annual accounts 2014172 k €↓
2013
Annual accounts 2013384,6 k €↑
2012
Annual accounts 2012-75,2 k €↓
2011
Annual accounts 2011114,6 k €↑
2010
Annual accounts 2010-21,4 k €↓
2009
Annual accounts 200953,8 k €↑
2008
Annual accounts 2008-156,3 k €↓
2007
Annual accounts 2007162,1 k €
29/12/1994
IncorporationNon-profit organization

MEURICE RECHERCHE ET DEVELOPPEMENT - MEURICE RESEARCH AND DEVELOPMENT

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events