ACTIVE

MLV26

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Financial year 2025 · closed on 31/12/2025

Net result

58,9 k €

+49.9% YoY

Gross margin

102,7 k €

+52.0% YoY

Equity

241,4 k €

+32.3% YoY

What does MLV26 do?

MLV26 is a Private limited company incorporated in 2009. Its main activity is: Retail sale of clothing in specialised stores. Its registered office is in Knokke-Heist.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0818.631.104

Incorporation

16/09/2009

Legal form

Private limited company

Registered office

Hortensialaan 28
8300 Knokke-Heist · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

47716Retail sale of clothing in specialised stores· main 47716Retail sale of clothing in specialised stores

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	102,7 k €	+52.0%	67,6 k €	-19.1%	83,5 k €	+4.9%	79,6 k €	+46.4%	54,4 k €	+85.8%	29,3 k €	+149%	11,7 k €	+30.6%	9 k €	+157%	-15,8 k €	-313%	7,4 k €	-29.0%	10,4 k €	-59.3%	25,6 k €	+743%	3 k €	+406%	-992,7 €	-497%	-166,4 €	+73.1%	-618,6 €
EBITDA	100,6 k €	+53.5%	65,5 k €	-1.0%	66,2 k €	-15.6%	78,4 k €	+46.6%	53,5 k €	+281%	14 k €	+33.5%	10,5 k €	+27.2%	8,3 k €	+138%	-21,9 k €	-473%	5,9 k €	-37.7%	9,4 k €	+122%	4,2 k €	+72.2%	2,5 k €	+258%	-1,6 k €	-89.5%	-822,5 €	+40.8%	-1,4 k €
Operating result	98,9 k €	+54.9%	63,8 k €	-10.6%	71,4 k €	-8.8%	78,3 k €	+67.9%	46,6 k €	+232%	14 k €	+33.5%	10,5 k €	+27.2%	8,3 k €	+138%	-21,9 k €	-1473%	-1,4 k €	-115%	9,4 k €	+128%	4,1 k €	+80.1%	2,3 k €	+233%	-1,7 k €	-74.2%	-992,5 €	+38.6%	-1,6 k €
Net result	58,9 k €	+49.9%	39,3 k €	-7.0%	42,2 k €	-17.7%	51,3 k €	+74.5%	29,4 k €	+246%	8,5 k €	+39.3%	6,1 k €	-20.0%	7,6 k €	+135%	-22 k €	-592%	-3,2 k €	-151%	6,2 k €	+975%	579,6 €	-71.0%	2 k €	+202%	-2 k €	-104%	-958,9 €	+26.7%	-1,3 k €
Balance sheet
Equity	241,4 k €	+32.3%	182,5 k €	+27.4%	143,2 k €	+41.8%	101 k €	+103%	49,7 k €	+145%	20,3 k €	+72.4%	11,7 k €	+108%	5,6 k €	+383%	-2 k €	-110%	20 k €	-13.7%	23,2 k €	+36.7%	17 k €	+3.5%	16,4 k €	+729%	2 k €	-49.8%	3,9 k €	-19.6%	4,9 k €
Total assets	284,5 k €	+20.2%	236,8 k €	+14.8%	206,3 k €	+13.6%	181,7 k €	+60.8%	113 k €	+61.4%	70 k €	+31.2%	53,3 k €	+10.3%	48,4 k €	+25.7%	38,5 k €	-50.1%	77 k €	+56.7%	49,2 k €	-15.7%	58,4 k €	-2.7%	60 k €	+1032%	5,3 k €	-69.6%	17,4 k €	+22.5%	14,2 k €
Cash	58,5 k €	+369%	12,5 k €	-33.7%	18,8 k €	+214%	6 k €	-73.3%	22,4 k €	+1240%	1,7 k €	-86.6%	12,5 k €	+19790%	62,9 €	-92.9%	887,2 €	-73.1%	3,3 k €	+18.6%	2,8 k €	+308%	681,1 €		–		–		120,2 €	+2163%	5,3 €
Debts	43,1 k €	-20.6%	54,3 k €	-14.0%	63,1 k €	-21.8%	80,7 k €	+27.5%	63,3 k €	+27.3%	49,7 k €	+19.5%	41,6 k €	-2.6%	42,7 k €	+5.6%	40,5 k €	-29.0%	57 k €	+119%	26 k €	-11.6%	29,4 k €	-32.6%	43,6 k €	+1211%	3,3 k €	-75.4%	13,5 k €	+44.5%	9,3 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		3,4 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Louwagie Sabine

Director

Active

Paulus Marc

Director

Active

Ended mandates

MARC PAULUS

Manager · since 16 septembre 2009

Ended

SABINE LOUWAGIE

Manager · since 16 septembre 2009

Ended

Louwagie Sabine

Manager

Ended

MARC PAULUS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ELFERINK● Active	1039.178.618
MUST HAVE DONNA● Active	0546.834.629

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	28/08/2026	26/08/2025	04/09/2024	10/08/2023	31/08/2022	02/08/2021
General meeting	29/07/2026	30/07/2025	29/07/2024	15/07/2023	27/07/2022	26/07/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/07/2026	28/08/2026	Dutch	PDF
Micro model	31/12/2024	30/07/2025	26/08/2025	Dutch	PDF
Micro model	31/12/2023	29/07/2024	04/09/2024	Dutch	PDF
Micro model	31/12/2022	15/07/2023	10/08/2023	Dutch	PDF
Micro model	31/12/2021	27/07/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	26/07/2021	02/08/2021	Dutch	PDF
Micro model	31/12/2019	17/08/2020	18/08/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	16/07/2019	Dutch	PDF
Micro model	31/12/2017	25/06/2018	06/07/2018	Dutch	PDF
Abridged model	31/12/2016	05/06/2017	06/06/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	22/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	23/06/2015	Dutch	PDF
Abridged model	31/12/2013	23/10/2014	21/11/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	27/08/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	31/08/2011	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 4 ended

Active mandates

Louwagie Sabine

Director

Active

Paulus Marc

Director

Active

Ended mandates

MARC PAULUS

Manager · since 16 septembre 2009

Ended

SABINE LOUWAGIE

Manager · since 16 septembre 2009

Ended

Louwagie Sabine

Manager

Ended

MARC PAULUS

Manager

Ended

Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202558,9 k €↑
2024
Annual accounts 202439,3 k €↓
2023
Annual accounts 202342,2 k €↓
2022
Annual accounts 202251,3 k €↑
2021
Annual accounts 202129,4 k €↑
2020
Annual accounts 20208,5 k €↑
2019
Annual accounts 20196,1 k €↓
2018
Annual accounts 20187,6 k €↑
2017
Annual accounts 2017-22 k €↓
2016
Annual accounts 2016-3,2 k €↓
2015
Annual accounts 20156,2 k €↑
2014
Annual accounts 2014579,6 €↓
2013
Annual accounts 20132 k €↑
2012
Annual accounts 2012-2 k €↓
2011
Annual accounts 2011-958,9 €↑
2010
Annual accounts 2010-1,3 k €
16/09/2009
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

MLV26

Overview

What does MLV26 do?

Trend over 16 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

Similar companies

Similar companies

Timeline