ACTIVE

MFI

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Financial year 2025 · closed on 31/03/2025

Net result

2,1 k €

-88.5% YoY

Gross margin

111,5 k €

+34.1% YoY

Equity

185 k €

+7.6% YoY

Workforce

1,3 ETP

What does MFI do?

MFI is a Private limited company incorporated in 2001. Its registered office is in Ouffet. It employs on average 1,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0474.868.250

Incorporation

23/05/2001

Legal form

Private limited company

Registered office

Rue Pelé-Bois 6 box 2
4590 Ouffet · WallonieSee on map

Contributed capital

102 300,00 €

Latest accounts

31/03/2025

Average workforce

1,3 ETP

Joint committees (2)

Contacts

2 public details availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	111,5 k €	+34.1%	83,2 k €	-40.2%	139 k €	+76.0%	79 k €	-49.7%	157 k €	+271%	42,3 k €	+934%	-5,1 k €	-141%	12,5 k €	+25.4%	10 k €	-60.9%	25,5 k €	+76.4%	14,4 k €	-81.8%	79,5 k €	-0.9%	80,2 k €	-0.7%	80,8 k €	+38.7%	58,2 k €	+15.0%	50,6 k €	-5.0%	53,3 k €	-23.5%	69,7 k €	-21.1%	88,3 k €
EBITDA	32,8 k €	-20.7%	41,4 k €	-20.4%	51,9 k €	+269%	-30,8 k €	-128%	110,4 k €	+808%	12,2 k €	+255%	-7,8 k €	-193%	8,5 k €	+78.1%	4,7 k €	-25.2%	6,3 k €	-37.2%	10,1 k €	-86.9%	77,1 k €	-0.9%	77,7 k €	-0.6%	78,2 k €	+39.1%	56,2 k €	+16.6%	48,2 k €	+24.3%	38,8 k €	+34.5%	28,8 k €	+184%	10,1 k €
Operating result	28,7 k €	-2.1%	29,3 k €	+3138%	-964,7 €	+98.9%	-89,2 k €	-202%	87,8 k €	+708%	10,9 k €	+148%	-22,6 k €	+70.1%	-75,4 k €	-509%	-12,4 k €	-410%	4 k €	+297%	1 k €	-98.5%	65,6 k €	-15.0%	77,2 k €	+27.1%	60,8 k €	+32.5%	45,8 k €	+23.5%	37,1 k €	+189%	12,9 k €	+27.8%	10,1 k €	+653%	-1,8 k €
Net result	2,1 k €	-88.5%	18,7 k €	+234%	-14 k €	+86.0%	-99,8 k €	-265%	60,5 k €	+444%	11,1 k €	+153%	-20,8 k €	+32.6%	-30,9 k €	-280%	17,1 k €	+278%	4,5 k €	+257%	1,3 k €	-97.9%	60,6 k €	+14.3%	53 k €	+50.8%	35,1 k €	+8.3%	32,4 k €	+29.0%	25,1 k €	+407%	5 k €	+177%	1,8 k €	+124%	-7,5 k €
Balance sheet
Equity	185 k €	+7.6%	172 k €	+12.2%	153,3 k €	-8.4%	167,3 k €	-37.4%	267 k €	+29.3%	206,5 k €	+5.7%	195,4 k €	-9.6%	216,2 k €	-12.5%	247 k €	+3.0%	239,9 k €	+1.9%	235,4 k €	+0.5%	234,1 k €	+28.0%	182,9 k €	+40.8%	129,9 k €	+37.1%	94,7 k €	+27.5%	74,3 k €	+20.5%	61,7 k €	+8.7%	56,7 k €	+3.3%	54,9 k €
Total assets	1,2 M €	+31.4%	936,9 k €	+0.2%	935 k €	-5.3%	987 k €	+4.2%	947,5 k €	+193%	323,9 k €	+17.0%	276,9 k €	-17.1%	334,1 k €	-16.9%	402,1 k €	-8.8%	440,8 k €	+8.6%	405,8 k €	+20.3%	337,5 k €	+26.0%	267,9 k €	+3.9%	258 k €	+15.1%	224,1 k €	+2.2%	219,2 k €	+14.8%	191 k €	-7.3%	206 k €	-15.4%	243,4 k €
Cash	12,7 k €	+205845%	6,2 €	-99.9%	4,3 k €	-89.1%	39,2 k €	+3372%	1,1 k €	-98.9%	101,5 k €	+38.0%	73,6 k €	-20.4%	92,4 k €	+1763%	5 k €	-77.8%	22,3 k €	+6.3%	21 k €	-88.9%	189,4 k €	+74.7%	108,4 k €	+31.6%	82,4 k €	+167%	30,8 k €	+131%	13,3 k €	+8.6%	12,3 k €	-45.0%	22,3 k €	-21.0%	28,2 k €
Debts	1 M €	+36.7%	764,9 k €	-2.1%	781,7 k €	-4.6%	819,7 k €	+20.5%	680,5 k €	+885%	69,1 k €	-15.3%	81,6 k €	-30.8%	117,9 k €	-24.0%	155,1 k €	-22.8%	200,9 k €	+18.0%	170,3 k €	+66.8%	102,1 k €	+21.9%	83,8 k €	-21.1%	106,3 k €	-15.5%	125,8 k €	-10.7%	140,8 k €	+12.0%	125,7 k €	-14.1%	146,4 k €	-21.7%	187,1 k €
Other
Workforce	1,3 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,4 ETP	-76.5%	1,7 ETP	-59.5%	4,2 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 31/03/2025 · 2 active · 6 ended

Active mandates

HPM HOLDING

Director · since 01 décembre 2024 · 0805.169.680

Represented by Jonas Humblet

Active

HPM HOLDING

Director · since 28 août 2023 · 0805.169.680

Represented by Jonas HUMBLET

Active

Ended mandates

Emeric HUMBLET

Manager · since 15 février 2019 · 0502.346.073

Represented by Emeric HUMBLET

Ended

Jonas HUMBLET

Manager · since 15 février 2019

Ended

PHILIPPE HUMBLET

Manager · since 17 mai 2001

Ended

Jonas Humblet

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
Evolution Habitat SPV● Active	1030.704.182
Foncière Evolution● Active	1030.704.083

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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/01/2026	25/10/2024	25/10/2024	30/11/2022	30/11/2021	30/11/2020
General meeting	22/01/2026	30/09/2024	30/09/2023	19/08/2022	28/10/2021	31/08/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	22/01/2026	23/01/2026	French	PDF
Micro model	31/03/2024	30/09/2024	25/10/2024	French	PDF
Micro model	31/03/2023	30/09/2023	25/10/2024	French	PDF
Micro model	31/03/2022	19/08/2022	30/11/2022	French	PDF
Micro model	31/03/2021	28/10/2021	30/11/2021	French	PDF
Micro model	31/03/2020	31/08/2020	30/11/2020	French	PDF
Micro model	31/03/2019	16/08/2019	28/08/2019	French	PDF
Micro model	31/03/2018	17/08/2018	02/10/2018	French	PDF
Micro model	31/03/2017	18/08/2017	28/09/2017	French	PDF
Abridged model	31/03/2016	19/08/2016	26/09/2016	French	PDF
Abridged model	31/03/2015	21/08/2015	28/09/2015	French	PDF
Abridged model	31/03/2014	30/09/2014	02/10/2014	French	PDF
Abridged model	31/03/2013	30/09/2013	24/10/2013	French	PDF
Abridged model	31/03/2012	17/08/2012	26/10/2012	French	PDF
Abridged model	31/03/2011	18/08/2011	29/09/2011	French	PDF
Abridged model	31/03/2010	20/08/2010	27/10/2010	French	PDF
Abridged model	31/03/2009	21/08/2009	26/08/2009	French	PDF
Abridged model	31/03/2008	30/09/2008	30/10/2008	French	PDF
Abridged model	31/03/2007	17/08/2007	14/09/2007	French	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 31/03/2025 · 2 active · 6 ended

Active mandates

HPM HOLDING

Director · since 01 décembre 2024 · 0805.169.680

Represented by Jonas Humblet

Active

HPM HOLDING

Director · since 28 août 2023 · 0805.169.680

Represented by Jonas HUMBLET

Active

Ended mandates

Emeric HUMBLET

Manager · since 15 février 2019 · 0502.346.073

Represented by Emeric HUMBLET

Ended

Jonas HUMBLET

Manager · since 15 février 2019

Ended

PHILIPPE HUMBLET

Manager · since 17 mai 2001

Ended

Jonas Humblet

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office22/05/2026
SIEGE SOCIAL
PDF
Mandates06/05/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates28/02/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates19/02/2024
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates11/08/2021
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates27/10/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates25/06/2019
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates22/03/2019
DEMISSIONS, NOMINATIONS
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 20252,1 k €↓
2024
Annual accounts 202418,7 k €↑
2023
Annual accounts 2023-14 k €↑
2022
Annual accounts 2022-99,8 k €↓
2021
Annual accounts 202160,5 k €↑
2020
Annual accounts 202011,1 k €↑
2019
Annual accounts 2019-20,8 k €↑
2018
Annual accounts 2018-30,9 k €↓
2017
Annual accounts 201717,1 k €↑
2016
Annual accounts 20164,5 k €↑
2015
Annual accounts 20151,3 k €↓
2014
Annual accounts 201460,6 k €↑
2013
Annual accounts 201353 k €↑
2012
Annual accounts 201235,1 k €↑
2011
Annual accounts 201132,4 k €↑
2010
Annual accounts 201025,1 k €↑
2009
Annual accounts 20095 k €↑
2008
Annual accounts 20081,8 k €↑
2007
Annual accounts 2007-7,5 k €
23/05/2001
IncorporationPrivate 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

MFI

Overview

What does MFI do?

Trend over 19 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