NORMAL SITUATION

MELAREC

Financial year 2022 · closed on 31/12/2022
Net result
198,2 k €
+79.9% YoY
Revenue
2,1 M €
-6.6% YoY
Equity
5,2 M €
+4.0% YoY

Company — Normal situation.

What does MELAREC do?

MELAREC is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0866.842.874
Legal form
Non-profit organization
Latest accounts
31/12/2022
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20222021202020192018201720162015201420132012201120102009
Income statement
Revenue2,1 M €2,2 M €2 M €1,8 M €1,4 M €1,1 M €1,2 M €1,1 M €1,4 M €2,4 M €1,5 M €1,4 M €1,3 M €1,3 M €
EBITDA87,3 k €46 k €672,4 k €-659,6 k €-746,2 k €-1,1 M €-647 k €-578,1 k €29,6 k €1,1 M €605 k €840,2 k €976 k €741,8 k €
Operating result188,1 k €44,2 k €669,9 k €-659,4 k €-741,4 k €-1,1 M €-641 k €-578,6 k €33,5 k €1,1 M €534 k €867,2 k €982,8 k €712,1 k €
Net result198,2 k €110,2 k €671,3 k €-648,3 k €-730 k €-1,1 M €-631,8 k €-558,1 k €84 k €1,2 M €619,6 k €967,8 k €1 M €867,4 k €
Balance sheet
Equity5,2 M €5 M €4,9 M €4,2 M €4,8 M €5,6 M €6,6 M €7,3 M €7,8 M €7,8 M €6,6 M €6 M €5 M €3,9 M €
Total assets5,2 M €5 M €4,9 M €4,7 M €4,9 M €5,7 M €7,2 M €7,6 M €8,1 M €7,9 M €6,8 M €6,6 M €6,1 M €4,2 M €
Cash2,4 M €3,1 M €2,5 M €2,8 M €2,7 M €4,7 M €5,5 M €5 M €3,4 M €3,4 M €544,2 k €8,8 k €1,1 M €58,5 k €
Debts77,1 k €15,9 k €51,5 k €547,4 k €19,8 k €146,7 k €511 k €312,3 k €136 k €11,8 k €4 k €402,4 k €871,9 k €9,3 k €
Governance

Board of directors

Seen on filing of 31/12/2022 · 9 active · 96 ended

Active mandates

Geert Rogiers

Director · since 19 décembre 2022 · until 30 juin 2023

Active
Guy Dhondt

Director · since 19 décembre 2022 · until 30 juin 2023

Active
Koen Bruylant

Director · since 19 décembre 2022 · until 30 juin 2023

Active
Koen Waelput

Chairman of the board of directors · since 19 décembre 2022 · until 30 juin 2023

Active
Laurent Hellebaut

Director · since 19 décembre 2022 · until 30 juin 2023

Active
Luc Vanderveken

Director · since 19 décembre 2022 · until 30 juin 2023

Active
Marnik Hoebrekx

Director · since 19 décembre 2022 · until 30 juin 2023

Active
Rony Haentjens

Vice-chairman of the board of directors · since 19 décembre 2022 · until 30 juin 2023

Active
Yves Van Damme

Director · since 19 décembre 2022 · until 30 juin 2023

Active

Ended mandates

Geert Rogiers

Director · since 01 décembre 2020 · until 11 juin 2023

Ended
Marnik Hoebrekx

Director · since 01 décembre 2020 · until 11 juin 2023

Ended
Filip Hendrickx

Director · since 11 juin 2020 · until 16 décembre 2021

Ended
Filip Hendrickx

Director · since 11 juin 2020 · until 11 juin 2023

Ended
Annual accounts

Full financial information

202220212020201920182017
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/06/202310/06/202215/06/202115/06/202006/06/201906/06/2018
General meeting23/06/202309/06/202208/06/202111/06/202004/06/201905/06/2018
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202223/06/202330/06/2023DutchPDF
Full model31/12/202109/06/202210/06/2022DutchPDF
Full model31/12/202008/06/202115/06/2021DutchPDF
Full model31/12/201911/06/202015/06/2020DutchPDF
Full model31/12/201804/06/201906/06/2019DutchPDF
Full model31/12/201705/06/201806/06/2018DutchPDF
Full model31/12/201613/06/201714/06/2017DutchPDF
Full model31/12/201516/06/201617/06/2016DutchPDF
Full model31/12/201404/06/201522/06/2015DutchPDF
Full modelCorrection31/12/201305/06/201422/01/2015DutchPDF
Full model31/12/201305/06/201412/06/2014DutchPDF
Full model31/12/201211/06/201313/06/2013DutchPDF
Full modelCorrection31/12/201106/06/201222/11/2012DutchPDF
Full model31/12/201106/06/201228/06/2012DutchPDF
Full model31/12/201026/05/201130/05/2011DutchPDF
Full modelCorrection31/12/200910/06/201020/05/2011DutchPDF
Full model31/12/200910/06/201010/06/2010DutchPDF
Full model31/12/200816/06/200905/08/2009DutchPDF
Full modelCorrection31/12/200703/06/200819/01/2009DutchPDF
Full model31/12/200703/06/200826/09/2008DutchPDF
Full model31/12/200614/06/200719/07/2007DutchPDF
Estimate

Indicative valuation

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 31/12/2022 · 9 active · 96 ended

Active mandates

Geert Rogiers

Director · since 19 décembre 2022 · until 30 juin 2023

Active
Guy Dhondt

Director · since 19 décembre 2022 · until 30 juin 2023

Active
Koen Bruylant

Director · since 19 décembre 2022 · until 30 juin 2023

Active
Koen Waelput

Chairman of the board of directors · since 19 décembre 2022 · until 30 juin 2023

Active
Laurent Hellebaut

Director · since 19 décembre 2022 · until 30 juin 2023

Active
Luc Vanderveken

Director · since 19 décembre 2022 · until 30 juin 2023

Active
Marnik Hoebrekx

Director · since 19 décembre 2022 · until 30 juin 2023

Active
Rony Haentjens

Vice-chairman of the board of directors · since 19 décembre 2022 · until 30 juin 2023

Active
Yves Van Damme

Director · since 19 décembre 2022 · until 30 juin 2023

Active

Ended mandates

Geert Rogiers

Director · since 01 décembre 2020 · until 11 juin 2023

Ended
Marnik Hoebrekx

Director · since 01 décembre 2020 · until 11 juin 2023

Ended
Filip Hendrickx

Director · since 11 juin 2020 · until 16 décembre 2021

Ended
Filip Hendrickx

Director · since 11 juin 2020 · until 11 juin 2023

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

Timeline

  1. 2022
    Annual accounts 2022198,2 k €
  2. 2021
    Annual accounts 2021110,2 k €
  3. 2020
    Annual accounts 2020671,3 k €
  4. 2019
    Annual accounts 2019-648,3 k €
  5. 2018
    Annual accounts 2018-730 k €
  6. 2017
    Annual accounts 2017-1,1 M €
  7. 2016
    Annual accounts 2016-631,8 k €
  8. 2015
    Annual accounts 2015-558,1 k €
  9. 2014
    Annual accounts 201484 k €
  10. 2013
    Annual accounts 20131,2 M €
  11. 2012
    Annual accounts 2012619,6 k €
  12. 2011
    Annual accounts 2011967,8 k €
  13. 2010
    Annual accounts 20101 M €
  14. 2009
    Annual accounts 2009867,4 k €