ACTIVE

MFR Team

Financial year 2025 · closed on 31/12/2025
Net result
104,9 k €
+28.1% YoY
Gross margin
649,3 k €
+6.0% YoY
Equity
22,9 k €
-43.6% YoY
Workforce
51,2 ETP
+54.2% YoY

What does MFR Team do?

MFR Team is a Private limited company incorporated in 2016. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Etterbeek. It employs on average 51,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0664.984.191
Incorporation
26/10/2016
Legal form
Private limited company
Registered office
Rue de la Grande Haie 20/22
1040 Etterbeek · BruxellesSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2025
Average workforce
51,2 ETP
Joint committees (1)
  • 201
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin649,3 k €612,3 k €601,2 k €589,9 k €809,5 k €1,1 M €587,1 k €599 k €489,6 k €
EBITDA237 k €212,2 k €211 k €159,5 k €271,1 k €565,9 k €89,5 k €164 k €94,6 k €
Operating result139,5 k €115,7 k €115,4 k €52,3 k €167,9 k €467,7 k €359,7 €75 k €-12,8 k €
Net result104,9 k €81,9 k €80,2 k €41,9 k €133 k €368,5 k €-12,5 k €60,9 k €-22,1 k €
Balance sheet
Equity22,9 k €40,6 k €238,3 k €175,9 k €251,7 k €496 k €319,3 k €349,1 k €305,7 k €
Total assets592,7 k €910,6 k €932,8 k €1 M €1,2 M €1,5 M €1,1 M €1,3 M €1,3 M €
Cash153,7 k €329,6 k €225,4 k €159,7 k €332,8 k €681,3 k €329,5 k €399,7 k €190,3 k €
Debts569,4 k €869,5 k €694,5 k €825,1 k €931,5 k €977,7 k €800,1 k €899,4 k €943,6 k €
Other
Workforce51,2 ETP33,2 ETP33,3 ETP30,0 ETP35,0 ETP34,1 ETP42,5 ETP35,6 ETP31,3 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 · 3 active · 7 ended

Active mandates

Georges Sarikas

Director · since 20 juin 2023

Active
MAGICS3

Director · since 20 juin 2023 · 0801.602.456

Represented by Illiana CHATZIDIMITRIOU

Active
FANARAF

Mandate · 0880.190.272

Active

Ended mandates

FANARAF

Director · since 25 juin 2021 · 0880.190.272

Represented by Fabrizio Minchella

Ended
Raffaël Minchella

Director · since 25 juin 2021 · until 01 août 2021

Ended
Fabrizio Minchella

Director · since 26 octobre 2016

Ended
Fabrizio Minchella

Manager · since 26 octobre 2016

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/07/202613/06/202529/08/202407/05/202326/07/202222/07/2021
General meeting30/06/202612/06/202528/08/202425/04/202330/06/202224/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202601/07/2026FrenchPDF
Abridged model31/12/202412/06/202513/06/2025FrenchPDF
Abridged model31/12/202328/08/202429/08/2024FrenchPDF
Abridged model31/12/202225/04/202307/05/2023FrenchPDF
Abridged model31/12/202130/06/202226/07/2022FrenchPDF
Abridged model31/12/202024/06/202122/07/2021FrenchPDF
Abridged model31/12/201911/06/202016/06/2020FrenchPDF
Abridged model31/12/201810/05/201904/06/2019FrenchPDF
Abridged model31/12/201714/06/201820/06/2018FrenchPDF
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 · 3 active · 7 ended

Active mandates

Georges Sarikas

Director · since 20 juin 2023

Active
MAGICS3

Director · since 20 juin 2023 · 0801.602.456

Represented by Illiana CHATZIDIMITRIOU

Active
FANARAF

Mandate · 0880.190.272

Active

Ended mandates

FANARAF

Director · since 25 juin 2021 · 0880.190.272

Represented by Fabrizio Minchella

Ended
Raffaël Minchella

Director · since 25 juin 2021 · until 01 août 2021

Ended
Fabrizio Minchella

Director · since 26 octobre 2016

Ended
Fabrizio Minchella

Manager · since 26 octobre 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/11/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/08/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/12/2020
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Other28/10/2016
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2025
    Annual accounts 2025104,9 k €
  2. 2024
    Annual accounts 202481,9 k €
  3. 2023
    Annual accounts 202380,2 k €
  4. 2022
    Annual accounts 202241,9 k €
  5. 2021
    Annual accounts 2021133 k €
  6. 2020
    Annual accounts 2020368,5 k €
  7. 2019
    Annual accounts 2019-12,5 k €
  8. 2018
    Annual accounts 201860,9 k €
  9. 2017
    Annual accounts 2017-22,1 k €
  10. 26/10/2016
    IncorporationPrivate limited company