ACTIVE

Centre hospitalier universitaire de Tivoli - Institut médical des Mutualités socialistes

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Financial year 2025 · Closed on 31/12/2025

Net result4,9 M €+7,3 %over 1 year

Revenue252,9 M €+3,9 %over 1 year

Equity43,1 M €+31,2 %over 1 year

Workforce1 588,0 ETP+2,0 %over 1 year

Identity

Source · BCE/KBO

Centre hospitalier universitaire de Tivoli - Institut médical des Mutualités socialistes is a Non-profit organization incorporated in 1935. Its main activity is: Accommodation. Its registered office is in La Louvière. It employs on average 1 588,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0401.793.202
Incorporation: 13/12/1935
Legal form: Non-profit organization
Registered office: Avenue Max Buset(L.L) 34
7100 La Louvière · WallonieSee on map
Latest accounts: 31/12/2025
Average workforce: 1 588,0 ETP

Activities (NACE)

55522Accommodation· main 56210Event catering activities 56210Event catering activities 85110Pre-primary education 86101Hospital activities 86101Hospital activities

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 24 filings

Trend over 6 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	252,9 M €	+3.9%	243,4 M €	+6.8%	227,8 M €	+10.2%	206,6 M €	+4.5%	197,7 M €
EBITDA	18,9 M €	+15.3%	16,4 M €	-4.5%	17,2 M €	+10.7%	15,5 M €	+7.9%	14,4 M €
Operating result	9,3 M €	+11.2%	8,4 M €	+5.9%	7,9 M €	+4.2%	7,6 M €	+18.3%	6,4 M €
Net result	4,9 M €	+7.3%	4,6 M €	-1.2%	4,7 M €	-8.8%	5,1 M €	+23.8%	4,1 M €
Balance sheet
Equity	43,1 M €	+31.2%	32,9 M €	+16.2%	28,3 M €	+16.7%	24,3 M €	+22.5%	19,8 M €
Total assets	287,2 M €	+6.8%	269 M €	+12.0%	240,1 M €	+18.0%	203,4 M €	+10.5%	184 M €
Cash	1,2 M €	+38.6%	862 k €	-86.9%	6,6 M €	+492%	1,1 M €	-91.3%	12,7 M €
Debts	243,2 M €	+4.1%	233,5 M €	+11.4%	209,7 M €	+18.4%	177,1 M €	+9.6%	161,5 M €
Other
Workforce	1 588,0 ETP	+2.0%	1 557,0 ETP	+3.7%	1 502,0 ETP	+3.4%	1 452,0 ETP	+0.8%	1 441,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

25 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Albert Duriau	Directorsince 25/10/2010
Aurore Andre	Directorsince 11/03/2026
Benoit Collin	Directorsince 11/03/2026
Frederic Hennaut	Directorsince 11/03/2026
Gaetane D'Hoeraene	Directorsince 25/10/2010
Jean-Claude Dormont	Directorsince 14/09/2022
Jean-Marc Laasman	Directorsince 14/09/2022
Martine Motte	Directorsince 25/10/2012
Mehdi Mezhoud	Directorsince 26/06/2025
Olga Zrihen	Directorsince 14/09/2022
Philippe Dubois	Chairman of the board of directorssince 11/03/2026
Philippe Lejeune	Directorsince 14/09/2022
Pietro Scillia	Managing directorsince 18/12/2024Directorsince 14/09/2022ended
Stephane Renard	Directorsince 04/02/2014
Valery Goblet	Directorsince 11/03/2026
Vincenzo D'Orio	Directorsince 11/03/2026
Xavier Dupont	Directorsince 25/10/2010
Yves Smeets	Directorsince 11/03/2026Chairman of the board of directors16/01/2012 → 11/03/2026
Turgay Tuna	Directorsince 26/06/2025
Jean-Michel Hougardy	Directorsince 26/04/2023
Pierre Wauthy	Director26/04/2023 → 26/06/2025
Catherine Lucet	Director14/09/2022 → 12/03/2025
Didier Donfut	Director07/09/2020 → 11/03/2026
Dominique Van de Sype	Director25/10/2010 → 17/12/2025
Isabelle Salmon	Directorsince 14/09/2022

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jacques Creteur	Director07/09/2020 → 26/04/2023
Philippe Vryens	Director07/09/2020 → 14/09/2022

Other companies at this address

Avenue Max Buset(L.L) 34 7100 La Louvière

Company	CBE no.
AMICALE CULTURELLE ET SOCIALE DU PERSONNEL DU CENTRE HOSPITALIER UNIVERSITAIRE DE TIVOLI● Active	0418.348.330
Centres spécialisés du hainaut● Active	0887.174.767
Les Louves-Tôt● Active	0700.390.280
MAX BUSET INVEST● Active	0672.987.780
TIVOLIX● Active	0671.620.674
Union professionnelle des Médecins de Tivoli et Autres Universités● Active	0414.181.783

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	06/07/2026	22/07/2025	02/07/2024	10/06/2024	07/07/2022	28/06/2021
General meeting	29/06/2026	26/06/2025	26/06/2024	28/06/2023	27/06/2022	23/06/2021
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, 24 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/06/2026	06/07/2026	French	PDF
Full model	31/12/2024	26/06/2025	22/07/2025	French	PDF
Full model	31/12/2023	26/06/2024	02/07/2024	French	PDF
Full modelCorrection	31/12/2022	28/06/2023	10/06/2024	French	PDF
Full model	31/12/2022	28/06/2023	03/07/2023	French	PDF
Full model	31/12/2021	27/06/2022	07/07/2022	French	PDF
Full model	31/12/2020	23/06/2021	28/06/2021	French	PDF
m140-f-p	31/12/2019	04/09/2020	05/10/2020	French	PDF
m140-f-p	31/12/2018	27/06/2019	08/07/2019	French	PDF
m140-f-p	31/12/2017	27/06/2018	19/07/2018	French	PDF
m140-f-p	31/12/2016	28/06/2017	07/07/2017	French	PDF
m140-f-p	31/12/2015	29/06/2016	07/07/2016	French	PDF
m140-f-p	31/12/2014	24/06/2015	23/07/2015	French	PDF
m140-f-pCorrection	31/12/2013	25/06/2014	19/03/2015	French	PDF
m140-f-p	31/12/2013	25/06/2014	09/07/2014	French	PDF
m140-f-p	31/12/2012	24/06/2013	18/07/2013	French	PDF
m140-f-p	31/12/2011	27/06/2012	12/07/2012	French	PDF
m140-f-pCorrection	31/12/2010	27/06/2011	12/07/2012	French	PDF
m140-f-p	31/12/2010	27/06/2011	01/08/2011	French	PDF
m140-f-p	31/12/2009	21/06/2010	13/07/2010	French	PDF
m140-f-pCorrection	31/12/2008	28/09/2009	01/12/2009	French	PDF
m140-f-p	31/12/2008	28/09/2009	05/10/2009	French	PDF
m140-f-p	31/12/2007	23/06/2008	01/10/2008	French	PDF
m140-f-p	31/12/2006	26/06/2007	01/10/2008	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

25 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Albert Duriau	Directorsince 25/10/2010
Aurore Andre	Directorsince 11/03/2026
Benoit Collin	Directorsince 11/03/2026
Frederic Hennaut	Directorsince 11/03/2026
Gaetane D'Hoeraene	Directorsince 25/10/2010
Jean-Claude Dormont	Directorsince 14/09/2022
Jean-Marc Laasman	Directorsince 14/09/2022
Martine Motte	Directorsince 25/10/2012
Mehdi Mezhoud	Directorsince 26/06/2025
Olga Zrihen	Directorsince 14/09/2022
Philippe Dubois	Chairman of the board of directorssince 11/03/2026
Philippe Lejeune	Directorsince 14/09/2022
Pietro Scillia	Managing directorsince 18/12/2024Directorsince 14/09/2022ended
Stephane Renard	Directorsince 04/02/2014
Valery Goblet	Directorsince 11/03/2026
Vincenzo D'Orio	Directorsince 11/03/2026
Xavier Dupont	Directorsince 25/10/2010
Yves Smeets	Directorsince 11/03/2026Chairman of the board of directors16/01/2012 → 11/03/2026
Turgay Tuna	Directorsince 26/06/2025
Jean-Michel Hougardy	Directorsince 26/04/2023
Pierre Wauthy	Director26/04/2023 → 26/06/2025
Catherine Lucet	Director14/09/2022 → 12/03/2025
Didier Donfut	Director07/09/2020 → 11/03/2026
Dominique Van de Sype	Director25/10/2010 → 17/12/2025
Isabelle Salmon	Directorsince 14/09/2022

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jacques Creteur	Director07/09/2020 → 26/04/2023
Philippe Vryens	Director07/09/2020 → 14/09/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates19/08/2026
Démission administrateur.
PDF
Mandates22/05/2026
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates20/02/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates31/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates07/04/2025
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Restructuring05/11/2024
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates16/08/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates17/07/2023
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

Incorporation1935

Name

Registered office

Annual accounts

Filings6 filings

Mandates

Pietro Scillia

Albert Duriau

Philippe Lejeune

Martine Motte

Benoit Collin

Olga Zrihen

Yves Smeets

Jean-Marc Laasman

Gaetane D'Hoeraene

Jean-Claude Dormont

Frederic Hennaut

Aurore Andre

and 23 more mandates

1966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Centre hospitalier universitaire de Tivoli - Institut médical des Mutualités socialistes

Avenue Max Buset(L.L) 34, 7100 La Louvière

Managing director

Director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue Max Buset(L.L) 34, 7100 La LouvièreCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00274342

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Centre hospitalier universitaire de Tivoli - Institut médical des Mutualités socialistesCurrent	accounts 2020 → 2025	Accounts 2025 · 2026-00274342

Events

2025
Annual accounts 20254,9 M €↑
26/06/2025
nominationPietro SCILLIA
26/06/2025
nominationYves SMEETS
2024
Annual accounts 20244,6 M €↓
23/10/2024
apport
26/06/2024
nominationCéline ARNAUD · commissaire
2023
Annual accounts 20234,7 M €↓
2022
Annual accounts 20225,1 M €↑
2021
Annual accounts 20214,1 M €↑
2020
Annual accounts 2020370,7 k €
13/12/1935
IncorporationNon-profit organization

Centre hospitalier universitaire de Tivoli - Institut médical des Mutualités socialistes

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events