ACTIVE

MEMO

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Financial year 2025 · closed on 31/12/2025

Net result

108 k €

+3558.3% YoY

Gross margin

2,2 M €

+20.9% YoY

Equity

2 M €

+5.8% YoY

Workforce

27,3 ETP

+4.2% YoY

What does MEMO do?

MEMO is a Public limited company incorporated in 1995. Its registered office is in Zele. It employs on average 27,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.865.257

Incorporation

23/08/1995

Legal form

Public limited company

Registered office

Lokerenbaan 70
9240 Zele · FlandreSee on map

Contributed capital

140 200,00 €

Latest accounts

31/12/2025

Average workforce

27,3 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,2 M €	+20.9%	1,8 M €	+18.6%	1,5 M €	-3.5%	1,6 M €	-31.4%	2,3 M €	+72.4%	1,3 M €	+11.4%	1,2 M €	+20.9%	986 k €	-15.6%	1,2 M €	-11.1%	1,3 M €	-5.0%	1,4 M €	-3.8%	1,4 M €	+15.0%	1,2 M €	+4.1%	1,2 M €	+15.7%	1 M €	-7.4%	1,1 M €	+57.8%	709,7 k €	-2.5%	728,1 k €
EBITDA	609,5 k €	+49.5%	407,8 k €	-8.5%	445,6 k €	-14.0%	518,2 k €	-39.9%	862,7 k €	+73.2%	498,2 k €	+77.6%	280,5 k €	+50.7%	186,1 k €	-3.9%	193,7 k €	-16.5%	231,9 k €	-7.6%	250,9 k €	-2.9%	258,3 k €	-5.1%	272,3 k €	+37.6%	197,8 k €	+6.7%	185,3 k €	-41.7%	317,9 k €	+667%	-56,1 k €	-128%	203,4 k €
Operating result	207,1 k €	+227%	63,4 k €	-72.7%	231,9 k €	-28.6%	324,9 k €	-53.4%	696,5 k €	+97.7%	352,3 k €	+151%	140,5 k €	+75.5%	80,1 k €	+20.6%	66,4 k €	-25.8%	89,5 k €	-15.8%	106,3 k €	-0.6%	106,9 k €	-35.7%	166,3 k €	+109%	79,4 k €	-15.6%	94,1 k €	-58.3%	225,8 k €	+241%	-159,9 k €	-315%	74,4 k €
Net result	108 k €	+3558%	-3,1 k €	-102%	152,9 k €	-46.1%	283,9 k €	-54.4%	622,8 k €	+106%	303 k €	+345%	68 k €	+235%	20,3 k €	+119%	9,3 k €	-71.6%	32,7 k €	-8.3%	35,6 k €	-13.7%	41,3 k €	-59.2%	101,2 k €	+1038%	8,9 k €	-74.4%	34,8 k €	-61.1%	89,3 k €	+183%	-108,1 k €	-380%	38,6 k €
Balance sheet
Equity	2 M €	+5.8%	1,9 M €	-0.2%	1,9 M €	+9.0%	1,7 M €	+2.0%	1,7 M €	+235%	499 k €	+40.2%	356 k €	+10.2%	322,9 k €	+6.7%	302,6 k €	+3.2%	293,4 k €	+12.5%	260,7 k €	+17.0%	222,7 k €	+8.5%	205,3 k €	+16.6%	176 k €	+5.3%	167,2 k €	+26.3%	132,4 k €	+207%	43,1 k €	-71.5%	151,3 k €
Total assets	5,4 M €	+6.7%	5,1 M €	+17.5%	4,3 M €	+8.3%	4 M €	+22.2%	3,3 M €	+71.4%	1,9 M €	+10.8%	1,7 M €	+13.2%	1,5 M €	+14.6%	1,3 M €	+0.3%	1,3 M €	-7.9%	1,4 M €	+5.4%	1,4 M €	+13.5%	1,2 M €	+3.2%	1,2 M €	+10.2%	1,1 M €	+2.1%	1 M €	+5.3%	980,5 k €	+8.9%	900,4 k €
Cash	77,3 k €	-81.5%	417,6 k €	+473%	72,9 k €	-84.9%	481,6 k €	+48.5%	324,3 k €	+187%	112,9 k €	-15.5%	133,5 k €	+18.1%	113,1 k €	+0.8%	112,2 k €	+13.2%	99,2 k €	-36.0%	154,9 k €	+22.1%	126,9 k €	+34.8%	94,1 k €	-0.5%	94,6 k €	+149%	38 k €	-30.2%	54,5 k €	-15.7%	64,6 k €	-6.0%	68,7 k €
Debts	3,2 M €	+6.6%	3 M €	+31.4%	2,3 M €	+2.6%	2,2 M €	+40.4%	1,6 M €	+13.3%	1,4 M €	+3.3%	1,4 M €	+14.0%	1,2 M €	+18.5%	1 M €	+0.3%	1 M €	-10.2%	1,1 M €	+6.5%	1,1 M €	+13.4%	926,3 k €	-0.3%	929,1 k €	+11.1%	836,2 k €	-1.9%	852,2 k €	-3.3%	881 k €	+21.5%	725,3 k €
Other
Workforce	27,3 ETP	+4.2%	26,2 ETP	+34.4%	19,5 ETP	-16.7%	23,4 ETP	-26.2%	31,7 ETP	+98.1%	16,0 ETP	-13.5%	18,5 ETP	+1.6%	18,2 ETP	-16.5%	21,8 ETP	-9.9%	24,2 ETP	-5.1%	25,5 ETP	+6.3%	24,0 ETP	+13.2%	21,2 ETP	0.0%	21,2 ETP	+11.0%	19,1 ETP	+3.2%	18,5 ETP	+0.5%	18,4 ETP	+21.1%	15,2 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 31/12/2025 · 2 active · 60 ended

Active mandates

HOLDING MEMO

Director · since 20 avril 2021 · 0679.617.929

Represented by De DECKER MICHAEL JOHANNA

Active

PAPILIO

Director · since 20 avril 2021 · 0765.153.420

Represented by De DECKER RUTH MARIA

Active

Ended mandates

FEYNMAN

Director · since 29 mai 2019 · until 29 mai 2025 · 0869.551.946

Represented by Michael De Decker

Ended

FEYNMAN

Director · since 29 mai 2019 · until 29 mai 2025 · 0869.551.946

Represented by Michael De Decker

Ended

FEYNMAN

Director · since 29 mai 2019 · until 29 mai 2025 · 0869.551.946

Represented by Michael De Decker

Ended

LEEDEC

Director · since 29 mai 2019 · until 29 mai 2025 · 0811.212.186

Represented by Ruth De Decker

Ended

At this address

Other companies at this address

Company	CBE no.
COPAINS● Active	1023.377.615
FEYNMAN● Active	0869.551.946
HOLDING MEMO● Active	0679.617.929
MEMO MEDICAL● Active	0641.922.739
PAPILIO● Active	0765.153.420

Annual accounts

Full financial information

	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	22/07/2026	22/07/2025	22/07/2024	20/06/2023	02/06/2022	07/04/2021
General meeting	30/06/2026	30/06/2025	26/06/2024	15/06/2023	25/05/2022	11/03/2021
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	30/06/2026	22/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	22/07/2025	Dutch	PDF
Abridged model	31/12/2023	26/06/2024	22/07/2024	Dutch	PDF
Abridged model	31/12/2022	15/06/2023	20/06/2023	Dutch	PDF
Abridged model	31/12/2021	25/05/2022	02/06/2022	Dutch	PDF
Abridged model	31/12/2020	11/03/2021	07/04/2021	Dutch	PDF
Abridged model	31/12/2019	27/05/2020	03/06/2020	Dutch	PDF
Abridged model	31/12/2018	29/05/2019	25/06/2019	Dutch	PDF
Abridged model	31/12/2017	30/05/2018	01/06/2018	Dutch	PDF
Abridged model	31/12/2016	31/05/2017	22/06/2017	Dutch	PDF
Abridged model	31/12/2015	15/06/2016	01/07/2016	Dutch	PDF
Abridged model	31/12/2014	27/05/2015	09/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	18/07/2014	Dutch	PDF
Abridged model	31/12/2012	29/05/2013	04/06/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	13/07/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	19/07/2011	Dutch	PDF
Abridged model	31/12/2009	26/05/2010	22/06/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	10/07/2009	Dutch	PDF
Abridged model	31/12/2007	28/05/2008	19/06/2008	Dutch	PDF
Abridged model	31/12/2006	28/06/2007	23/07/2007	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 31/12/2025 · 2 active · 60 ended

Active mandates

HOLDING MEMO

Director · since 20 avril 2021 · 0679.617.929

Represented by De DECKER MICHAEL JOHANNA

Active

PAPILIO

Director · since 20 avril 2021 · 0765.153.420

Represented by De DECKER RUTH MARIA

Active

Ended mandates

FEYNMAN

Director · since 29 mai 2019 · until 29 mai 2025 · 0869.551.946

Represented by Michael De Decker

Ended

FEYNMAN

Director · since 29 mai 2019 · until 29 mai 2025 · 0869.551.946

Represented by Michael De Decker

Ended

FEYNMAN

Director · since 29 mai 2019 · until 29 mai 2025 · 0869.551.946

Represented by Michael De Decker

Ended

LEEDEC

Director · since 29 mai 2019 · until 29 mai 2025 · 0811.212.186

Represented by Ruth De Decker

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring26/02/2024
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring17/11/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates02/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/04/2021
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/03/2021
KAPITAAL - AANDELEN
PDF
Mandates23/07/2019
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 2025108 k €↑
2024
Annual accounts 2024-3,1 k €↓
2023
Annual accounts 2023152,9 k €↓
2022
Annual accounts 2022283,9 k €↓
2021
Annual accounts 2021622,8 k €↑
2018
Annual accounts 2018303 k €↑
2017
Annual accounts 201768 k €↑
2016
Annual accounts 201620,3 k €↑
2015
Annual accounts 20159,3 k €↓
2014
Annual accounts 201432,7 k €↓
2013
Annual accounts 201335,6 k €↓
2012
Annual accounts 201241,3 k €↓
2011
Annual accounts 2011101,2 k €↑
2010
Annual accounts 20108,9 k €↓
2009
Annual accounts 200934,8 k €↓
2008
Annual accounts 200889,3 k €↑
2007
Annual accounts 2007-108,1 k €↓
2006
Annual accounts 200638,6 k €
23/08/1995
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

MEMO

Overview

What does MEMO do?

Trend over 18 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