Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 4.1 to 2.3.
Financials
Financial year 2025
MELISANDE from Kortrijk, company number BE0840864888, closed financial year 2025 with a result of € 29.9 million after tax. For that financial year MELISANDE recorded revenue of € 361,336 and equity of € 49.8 million. Compared with financial year 2024, the result moved from € 27.3 million to € 29.9 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 49.8 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 29.9 million
▲ 9% vs 2024
Profit after tax over the fiscal year.
€ 52,971
▼ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 26.5 million paid out
89 % of the profit went to the shareholders, mostly to The People Panel (100 % of the shares). That is where the money ends up.
People and assets in 2025
2.3
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 244,386
▼ 4% vs 2024
€ 106,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11,799
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 50 days on average.
€ 62,362
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 455,762 | € 505,340 | € 366,593 | € 361,336 | ▼ 1% |
| Profit after taxes | € 24,872,869 | € 29,107,837 | € 27,330,703 | € 29,912,944 | ▲ 9% |
| Equity | € 45,708,494 | € 46,117,946 | € 46,465,185 | € 49,835,723 | ▲ 7% |
| Total debts | € 113,142 | € 352,843 | € 1,319,357 | € 74,161 | ▼ 94% |
| Cash | € 4,817,013 | € 6,776,868 | € 401,854 | € 52,971 | ▼ 87% |
| Retained profit | € 18,348,494 | € 18,757,946 | € 19,105,185 | € 22,475,723 | ▲ 18% |
| Dividend | € 24,769,378 | € 28,698,385 | € 26,983,465 | € 26,542,406 | ▼ 2% |
| Balance sheet total | € 45,821,636 | € 46,470,789 | € 47,784,542 | € 49,909,884 | ▲ 4% |
| Employees (FTE) | 4.2 | 4.1 | 2.8 | 2.3 | ▼ 0.5 |
Key figures of MELISANDE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MELISANDE?
What happened at MELISANDE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 29.9 million (▲ 9% vs 2024). Source: NBB ↗
- Liv BV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 24.9 million profit in 2022 to € 29.9 million profit in 2025.
Paid € 280,413 in corporate taxes since 2022.
Best year ever: 2025, with € 29.9 million profit.
Paid out € 107 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of The People Panel comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MELISANDEBehind MELISANDE is Liv BV. The shares are held by The People Panel (100%). It owns 100% of Ago Interim France, 100% of NXTPeople NV, 100% of Ago Construct NV, 100% of Go Temp NV, 100% of Quality Control NV and 85% of AIB NV itself.
Directors
According to the 2025 annual accounts
Manager · represented by Andres SANDERS
Also active at: Immobilière La Closerie, NXTPeople, Teans, QUALITY CONTROL, LET'S WORK, The People Panel, AIB, AGO CONSTRUCT +1 more
since 2024
Shareholders
100%
Participations
Ago Interim France
100%
100%
100%
100%
100%
85%
10.6%
Establishments
Establishment units
Physical locations of this company
Wolvenstraat(Kor) 23
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Immobilière La Closerie same network
€ 67,437 gross margin · 2025
NXTPeople same network
€ 23.6 million revenue · 2025
Teans same network
€ 3.8 million gross margin · 2025
QUALITY CONTROL same network
€ 709,462 gross margin · 2025
The People Panel same network
€ 9.6 million revenue · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0840.864.888
- VAT number
- BE 0840.864.888
- Registered office
- Wolvenstraat(Kor) 23, 8500 Kortrijk
- Names & denominations
- MELISANDE
- Enterprise type
- Rechtspersoon
- Legal form
- General partnership
- Legal situation
- Normale toestand
- Start date
- 29 September 2011
- Peppol
- Active · Active since 8 Sept 2025
- Activities · NACE
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Holdings
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Activiteiten van hoofdkantoren