Fondation Médecins Sans Frontières
0539.865.475 · rovalta.com · 26/09/2026
ACTIVE
Fondation Médecins Sans Frontières
Financial year 2025 · Closed on 31/12/2025
Net result883,6 k €+196,2 %over 1 year
Gross margin852,7 k €+191,5 %over 1 year
Equity3,5 M €+33,3 %over 1 year
Overview
Identity
Source · BCE/KBOFondation Médecins Sans Frontières is a Public utility foundation incorporated in 2013. Its registered office is in Ixelles.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0539.865.475
- Incorporation
- 02/10/2013
- Legal form
- Public utility foundation
- Registered office
- Rue de l'Arbre Bénit 46
1050 Ixelles · BruxellesSee on map - Latest accounts
- 31/12/2025
Joint committees (1)
- 32903
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Financials
Source · NBB, 20 filingsTrend over 8 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 852,7 k € | +191% | -932,3 k € | -153% | 1,8 M € | +406% | 349,9 k € | +151% | -691,1 k € |
| EBITDA | 883,9 k € | +196% | -918,7 k € | -171% | 1,3 M € | +270% | 349,9 k € | +151% | -691,1 k € |
| Operating result | 883,9 k € | +196% | -918,7 k € | -171% | 1,3 M € | +270% | 349,9 k € | +151% | -691,1 k € |
| Net result | 883,6 k € | +196% | -918,8 k € | -176% | 1,2 M € | +244% | 349,8 k € | +151% | -691,2 k € |
| Balance sheet | |||||||||
| Equity | 3,5 M € | +33.3% | 2,7 M € | -25.7% | 3,6 M € | +50.8% | 2,4 M € | +17.3% | 2 M € |
| Total assets | 4 M € | +27.3% | 3,1 M € | -24.2% | 4,1 M € | +24.8% | 3,3 M € | -72.6% | 12 M € |
| Cash | 1,6 M € | -26.4% | 2,1 M € | -31.1% | 3,1 M € | +2379% | 125,3 k € | -53.2% | 267,9 k € |
| Debts | 27,7 € | -98.1% | 1,4 k € | -97.8% | 65 k € | -93.0% | 924,3 k € | -90.8% | 10 M € |
Valuation
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/202511 active · 40 ended
Active mandates
KAREN DE SMEDT
ActiveMarko Isajlovic
ActiveMichel Gantois
ActivePascale Delchevalerie
ActivePierre Malchair
ActiveStan Verschaeve
ActiveBenoit DE GRYSE
ActiveEvelyn Vancollie
ActiveJohanna Coppé
ActiveKatrin Kisswani
ActiveMio Maes
ActiveEnded mandates
Godelieve Creten
EndedSébastien Libert
EndedWalter Lorenzi
EndedFASIL TEZERA
EndedOther companies at this address
Rue de l'Arbre Bénit 46 1050 Ixelles| Company | CBE no. |
|---|---|
Médecins sans Frontières● Active | 0421.446.093 |
| 0450.721.683 |
Financials
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 | 16/06/2026 | 25/05/2025 | 17/06/2024 | 26/06/2023 | 08/06/2022 | 21/06/2021 |
| General meeting | 05/05/2026 | 07/05/2025 | 17/05/2024 | 22/05/2023 | 20/05/2022 | 21/05/2021 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 05/05/2026 | 16/06/2026 | Dutch | |
| Abridged model | 31/12/2025 | 05/05/2026 | 16/06/2026 | French | |
| Abridged model | 31/12/2024 | 07/05/2025 | 25/05/2025 | Dutch | |
| Abridged model | 31/12/2024 | 07/05/2025 | 25/05/2025 | French | |
| Abridged model | 31/12/2023 | 17/05/2024 | 17/06/2024 | French | |
| Abridged model | 31/12/2023 | 17/05/2024 | 17/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 22/05/2023 | 26/06/2023 | Dutch | |
| Abridged model | 31/12/2022 | 22/05/2023 | 26/06/2023 | French | |
| Abridged model | 31/12/2021 | 20/05/2022 | 08/06/2022 | Dutch | |
| Abridged model | 31/12/2021 | 20/05/2022 | 08/06/2022 | French | |
| Abridged model | 31/12/2020 | 21/05/2021 | 21/06/2021 | Dutch | |
| Abridged model | 31/12/2020 | 21/05/2021 | 21/06/2021 | French | |
| Abridged model | 31/12/2019 | 25/05/2020 | 17/06/2020 | Dutch | |
| Abridged model | 31/12/2019 | 25/05/2020 | 17/06/2020 | French | |
| Abridged model | 31/12/2018 | 31/05/2019 | 03/06/2019 | French | |
| Abridged model | 31/12/2017 | 22/05/2018 | 18/06/2018 | French | |
| Abridged model | 31/12/2016 | 03/06/2017 | 16/06/2017 | French | |
| Abridged model | 31/12/2015 | 09/05/2016 | 06/06/2016 | French | |
| Abridged model | 31/12/2014 | 31/05/2015 | 12/06/2015 | French | |
| Abridged model | 31/12/2013 | 31/05/2014 | 02/06/2014 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/202511 active · 40 ended
Active mandates
KAREN DE SMEDT
ActiveMarko Isajlovic
ActiveMichel Gantois
ActivePascale Delchevalerie
ActivePierre Malchair
ActiveStan Verschaeve
ActiveBenoit DE GRYSE
ActiveEvelyn Vancollie
ActiveJohanna Coppé
ActiveKatrin Kisswani
ActiveMio Maes
ActiveEnded mandates
Godelieve Creten
EndedSébastien Libert
EndedWalter Lorenzi
EndedFASIL TEZERA
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates12/08/2026Beëindigingen, Benoemingen
- Dissolution12/08/2026Cessations, Nominations
- Mandates19/08/2025ONTSLAGEN - BENOEMINGEN
- Mandates19/08/2025DEMISSIONS, NOMINATIONS
- Mandates26/08/2024ONTSLAGEN - BENOEMINGEN
- Mandates26/08/2024DEMISSIONS, NOMINATIONS
- Other05/06/2024DIVERSEN
- Other05/06/2024DIVERS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025883,6 k €↑
- 2024Annual accounts 2024-918,8 k €↓
- 2023Annual accounts 20231,2 M €↑
- 2022Annual accounts 2022349,8 k €↑
- 2022Name changeMSF Fondation FUP
- 2021Annual accounts 2021-691,2 k €↓
- 2020Annual accounts 2020-535,1 k €↑
- 2019Annual accounts 2019-1,7 M €↓
- 2017Annual accounts 2017-11,3 k €
- 2017Name changeFONDATION MEDECINS SANS FRONTIERES
- 02/10/2013IncorporationPublic utility foundation