ACTIVE

MELIORE

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Financial year 2024 · closed on 31/12/2024

Net result

2,4 M €

+1082.7% YoY

Revenue

64,7 M €

+198.7% YoY

Equity

5,4 M €

+79.3% YoY

Workforce

36,6 ETP

+13.0% YoY

What does MELIORE do?

MELIORE is a Public utility foundation incorporated in 2022. Its main activity is: Activities of other membership organisations n.e.c.. Its registered office is in Bruxelles. It employs on average 36,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0792.532.263

Incorporation

18/09/2022

Legal form

Public utility foundation

Registered office

Rue aux Laines 70
1000 Bruxelles · BruxellesSee on map

Latest accounts

31/12/2024

Average workforce

36,6 ETP

Activities (NACE)

94994Activities of other membership organisations n.e.c.· main 94994Activities of other membership organisations n.e.c.

Contacts

2 public details availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 3 financial years

	2024		2023		2022
Income statement
Revenue	64,7 M €	+199%	21,6 M €	+21544%	100 k €
EBITDA	2,7 M €	+2951%	-96,4 k €	-196%	100 k €
Operating result	2,6 M €	+1922%	-145,4 k €	-245%	100 k €
Net result	2,4 M €	+1083%	202,4 k €	+102%	100 k €
Balance sheet
Equity	5,4 M €	+79.3%	3 M €	+2920%	100 k €
Total assets	119,2 M €	+239%	35,2 M €	+35121%	100 k €
Cash	61,2 M €	+79.5%	34,1 M €	+33978%	100 k €
Debts	5,3 M €	+36.2%	3,9 M €		–
Other
Workforce	36,6 ETP	+13.0%	32,4 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 7 ended

Active mandates

Orofino Poubel Alessandra

Chairman of the board of directors · since 08 juin 2023

Active

Yeh Donald

Director · since 08 juin 2023

Active

Halfon Jay Robert

Director · since 18 septembre 2022

Active

Thomas Conrad L Brookes

Managing director · since 18 septembre 2022

Active

Ended mandates

Almuth Wardemann

Mandate

Ended

Halfon Jay Robert

Mandate

Ended

Monica Eugenia Araya Salas

Mandate

Ended

Orofino Poubel Alessandra

Mandate

Ended

At this address

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Annual accounts

Full financial information

	2024	2023	2022
Type of account	Full model	Full model	Micro model
Start of the financial year	01/01/2024	01/01/2023	18/09/2022
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022
Length of the financial year	12 months	12 months	4 months
Filing date	18/07/2025	25/06/2024	04/07/2023
General meeting	14/07/2025	13/06/2024	08/06/2023
Currency of the financial year	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full modelCorrection	31/12/2024	14/07/2025	21/05/2026	French	PDF
Full model	31/12/2024	14/07/2025	18/07/2025	French	PDF
Full model	31/12/2023	13/06/2024	25/06/2024	French	PDF
Micro model	31/12/2022	08/06/2023	04/07/2023	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 31/12/2024 · 4 active · 7 ended

Active mandates

Orofino Poubel Alessandra

Chairman of the board of directors · since 08 juin 2023

Active

Yeh Donald

Director · since 08 juin 2023

Active

Halfon Jay Robert

Director · since 18 septembre 2022

Active

Thomas Conrad L Brookes

Managing director · since 18 septembre 2022

Active

Ended mandates

Almuth Wardemann

Mandate

Ended

Halfon Jay Robert

Mandate

Ended

Monica Eugenia Araya Salas

Mandate

Ended

Orofino Poubel Alessandra

Mandate

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/05/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates18/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates11/06/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates14/03/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates07/03/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates29/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates08/05/2024
DEMISSIONS, NOMINATIONS
PDF
Registered office03/10/2023
SIEGE SOCIAL
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

16/04/2026
nominationBertrand Badré — Administrateur
23/06/2025
nominationIvan Cheung — Directeur Exécutif
24/04/2025
nominationMonica Eugenia Araya Salas — administrateur
2024
Annual accounts 20242,4 M €↑
13/06/2024
nominationRachel Susan HARRISON — Directeur Exécutif
08/02/2024
nominationChristopher John (Chris) ROSE — administrateur
2023
Annual accounts 2023202,4 k €↑
11/08/2023
nominationOROFINO Alessandra — administratrice et Présidente
11/08/2023
nominationHALFON Jay — administrateur et Vice-Président
11/08/2023
nominationBROOKES Thomas — administrateur et Directeur Exécutif
11/08/2023
nominationYEH Donald — administrateur
21/06/2023
nominationEY Réviseurs d'Entreprises — commissaire
08/06/2023
nominationGOLZARI-MUNRO Sepideh — membre du Conseil d'Administration
08/06/2023
nominationOROFINO Alessandra — membre du Conseil d'Administration
08/06/2023
nominationYEH Donald — membre du Conseil d'Administration
08/06/2023
nominationOROFINO Alessandra — Présidente de la Fondation
2022
Annual accounts 2022100 k €
21/10/2022
nominationBROOKES Thomas Conrad Lewis — Directeur Exécutif
21/10/2022
nominationNUTHALE Timothy James — Directeur Exécutif
21/10/2022
nominationWARDEMANN Almuth — Directeur Exécutif
21/09/2022
nominationARAYA SALAS Monica Eugenia — Présidente
21/09/2022
nominationHALFON Jay Robert — Vice-Président
18/09/2022
IncorporationPublic utility foundation

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

MELIORE

Overview

What does MELIORE do?

Trend over 3 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