ACTIVE

MFC Combo

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Financial year 2025 · Closed on 31/12/2025

Net result37,8 k €-75,3 %over 1 year

Gross margin4,5 M €+1,2 %over 1 year

Equity2,6 M €-0,1 %over 1 year

Workforce54,4 ETP-0,4 %over 1 year

Identity

Source · BCE/KBO

MFC Combo is a Non-profit organization incorporated in 2011. Its main activity is: Other residential care activities. Its registered office is in Leuven. It employs on average 54,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0839.782.745
Incorporation: 26/09/2011
Legal form: Non-profit organization
Registered office: Parkstraat 185
3000 Leuven · FlandreSee on map
Latest accounts: 31/12/2025
Average workforce: 54,4 ETP

Activities (NACE)

87901Other residential care activities· main 87991Other residential care activities

Joint committees (1)

31901

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 13 filings

Trend over 13 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	4,5 M €	+1.2%	4,4 M €	+4.5%	4,2 M €	+4.0%	4,1 M €	+10.0%	3,7 M €
EBITDA	181,2 k €	-31.5%	264,4 k €	+36.7%	193,4 k €	-44.8%	350,3 k €	+39.8%	250,6 k €
Operating result	28,1 k €	-80.3%	142,7 k €	+84.0%	77,6 k €	-71.2%	269,4 k €	+73.4%	155,4 k €
Net result	37,8 k €	-75.3%	153,5 k €	+96.1%	78,3 k €	-69.5%	256,6 k €	+69.5%	151,4 k €
Balance sheet
Equity	2,6 M €	-0.1%	2,6 M €	+7.2%	2,4 M €	+1.3%	2,4 M €	+10.1%	2,2 M €
Total assets	3,7 M €	+10.9%	3,3 M €	+3.1%	3,2 M €	+2.8%	3,1 M €	+10.6%	2,8 M €
Cash	1,9 M €	-4.7%	2 M €	+6.9%	1,8 M €	-4.8%	1,9 M €	+19.3%	1,6 M €
Debts	1 M €	+64.4%	628,3 k €	-18.2%	767,9 k €	+10.9%	692,5 k €	+13.5%	610 k €
Other
Workforce	54,4 ETP	-0.4%	54,6 ETP	-0.7%	55,0 ETP	-1.6%	55,9 ETP	-0.9%	56,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Karel Van Eeckhout	Chairman of the board of directors
Marjan Rom	Director
Pascale Vanstappen	Director
Sofie Troonbeeckx	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bieke Vander Cruys	Director2014 accounts
Frans Spinnewijn	Director2024 accounts
Kristiaan Denys	Director2020 accounts
Marie Franssens	Director2018 accounts

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	10/06/2026	08/07/2025	11/06/2024	03/07/2023	22/08/2022	25/06/2021
General meeting	02/06/2026	03/06/2025	28/05/2024	14/06/2023	16/06/2022	14/06/2021
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 · NBB

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Annual accounts filings

Source · NBB, 13 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	02/06/2026	10/06/2026	Dutch	PDF
Abridged model	31/12/2024	03/06/2025	08/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/05/2024	11/06/2024	Dutch	PDF
Abridged model	31/12/2022	14/06/2023	03/07/2023	Dutch	PDF
Abridged model	31/12/2021	16/06/2022	22/08/2022	Dutch	PDF
Abridged model	31/12/2020	14/06/2021	25/06/2021	Dutch	PDF
Abridged model	31/12/2019	28/05/2020	11/06/2020	Dutch	PDF
Abridged model	31/12/2018	24/06/2019	20/08/2019	Dutch	PDF
Abridged model	31/12/2017	14/06/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	08/06/2017	09/06/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	10/10/2016	Dutch	PDF
Abridged model	31/12/2014	11/06/2015	12/06/2015	Dutch	PDF
Abridged model	31/12/2013	11/06/2014	27/06/2014	Dutch	PDF

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.

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Karel Van Eeckhout	Chairman of the board of directors
Marjan Rom	Director
Pascale Vanstappen	Director
Sofie Troonbeeckx	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bieke Vander Cruys	Director2014 accounts
Frans Spinnewijn	Director2024 accounts
Kristiaan Denys	Director2020 accounts
Marie Franssens	Director2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other29/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates17/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Other21/11/2019
DIVERSEN
PDF
Capital / shares08/08/2019
KAPITAAL - AANDELEN
PDF
Mandates04/07/2017
benoeming bestuurder, ontslag wegens overlijden
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings13 filings

Mandates

Sofie Troonbeeckx

Marjan Rom

Pascale Vanstappen

Karel Van Eeckhout

Kristiaan Denys

Maurice Deno

Rita Deman

Frans Spinnewijn

Patrick Van den Weghe

Patricia Verhaert

Philip Daenens

Marie Franssens

Show the 2 other mandates

2011201220132014201520162017201820192020202120222023202420252026

MFC Combo

Parkstraat 185, 3000 Leuven

Director

Chairman of the board of directors

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Parkstraat 185, 3000 LeuvenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00149372

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MFC ComboCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00149372

Events

2025
Annual accounts 202537,8 k €↓
2024
Annual accounts 2024153,5 k €↑
2023
Annual accounts 202378,3 k €↓
2022
Annual accounts 2022256,6 k €↑
2021
Annual accounts 2021151,4 k €↑
2020
Annual accounts 2020-63,4 k €↓
2019
Annual accounts 2019160 k €↓
2018
Annual accounts 2018179,4 k €↑
2017
Annual accounts 2017178,6 k €↑
2016
Annual accounts 2016153,4 k €↑
2015
Annual accounts 2015-71,8 k €↓
2014
Annual accounts 2014176,6 k €↑
2013
Annual accounts 2013112,8 k €
26/09/2011
IncorporationNon-profit organization

MFC Combo

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline

Registered offices

Company names

Events