ACTIVE

LA LUMIERE, Oeuvre Royale pour Personnes Aveugles et Malvoyantes

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Financial year 2025 · Closed on 31/12/2025

Net result-185,8 k €-151,0 %over 1 year

Revenue3,1 M €+5,5 %over 1 year

Equity7,9 M €-2,3 %over 1 year

Workforce122,4 ETP+3,3 %over 1 year

Identity

Source · BCE/KBO

LA LUMIERE, Oeuvre Royale pour Personnes Aveugles et Malvoyantes is a Non-profit organization incorporated in 1923. Its main activity is: Technical and vocational secondary education. Its registered office is in Liège. It employs on average 122,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0402.345.211
Incorporation: 16/01/1923
Legal form: Non-profit organization
Registered office: Rue Sainte-Véronique 17
4000 Liège · WallonieSee on map
Latest accounts: 31/12/2025
Average workforce: 122,4 ETP

Activities (NACE)

85322Technical and vocational secondary education· main 88993Other social work activities without accommodation n.e.c.88995Other social work activities without accommodation n.e.c.86909Other human health activities 86995Other human health activities 88994Other social work activities without accommodation n.e.c.+3

Joint committees (2)

31902
32703

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	3,1 M €	+5.5%	2,9 M €	+11.5%	2,6 M €	+6.0%	2,5 M €	+9.0%	2,3 M €
EBITDA	453,4 k €	+332%	105 k €	-84.2%	663,3 k €	+163%	-1 M €	-211%	941,9 k €
Operating result	220,9 k €	+270%	-130,2 k €	-132%	402,4 k €	+131%	-1,3 M €	-287%	691,9 k €
Net result	-185,8 k €	-151%	-74 k €	-173%	101,2 k €	+105%	-1,9 M €	-674%	331 k €
Balance sheet
Equity	7,9 M €	-2.3%	8,1 M €	-0.8%	8,2 M €	+1.3%	8,1 M €	-19.0%	10 M €
Total assets	10,9 M €	+4.8%	10,4 M €	-4.4%	10,9 M €	+6.1%	10,3 M €	-15.3%	12,1 M €
Cash	1,1 M €	-17.2%	1,4 M €	+26.2%	1,1 M €	-15.4%	1,3 M €	-11.4%	1,4 M €
Debts	2,9 M €	+47.0%	2 M €	-27.1%	2,7 M €	+26.1%	2,1 M €	+8.1%	2 M €
Other
Workforce	122,4 ETP	+3.3%	118,5 ETP	+12.5%	105,3 ETP	-0.1%	105,4 ETP	-1.4%	106,9 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

12 active · 21 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dany DRION	Director16/12/2025 → 16/12/2030
Eric REUTER	Director16/12/2025 → 16/12/2030
Marie SOUGNE	Director16/12/2025 → 16/12/2030
Pol ETIENNE	Director16/12/2025 → 16/12/2030
Michel BOYENS	Director08/09/2020 → 17/06/2030
Romain BRUNINX	Director17/06/2025 → 17/06/2030
Jacques SMAL	Director19/12/2023 → 19/12/2028
Véronique D'HUART	Director19/12/2023 → 19/12/2028
Fabienne WOIGNEZ	Director19/12/2017 → 22/12/2027
Hugues JUDONG	Director30/05/2017 → 29/06/2027
Philippe BETZ	Chairman of the board of directors21/06/2022 → 21/06/2027Vice-chairman of the board of directors19/06/2012 → 28/06/2022endedDirector30/06/2007 → 29/06/2027ended
Alain DELIEGE	Director14/12/2021 → 14/12/2026Mandateended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dominique JACQMIN	Director18/06/2024 → 19/06/2029
Virginie LEUMENIER	Director18/06/2024 → 19/06/2029
Hector MAGOTTE	Director19/12/2023 → 19/12/2028
Myriam FORET-VIEUJEAN	Director17/12/2019 → 10/12/2024

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	19/06/2026	10/07/2025	10/07/2024	27/06/2023	01/07/2022	28/06/2021
General meeting	16/06/2026	17/06/2025	18/06/2024	20/06/2023	21/06/2022	22/06/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	16/06/2026	19/06/2026	French	PDF
Full model	31/12/2024	17/06/2025	10/07/2025	French	PDF
Full model	31/12/2023	18/06/2024	10/07/2024	French	PDF
Full model	31/12/2022	20/06/2023	27/06/2023	French	PDF
Full model	31/12/2021	21/06/2022	01/07/2022	French	PDF
Full model	31/12/2020	22/06/2021	28/06/2021	French	PDF
Full model	31/12/2019	08/09/2020	10/09/2020	French	PDF
Full model	31/12/2018	04/06/2019	18/06/2019	French	PDF
Full model	31/12/2017	19/06/2018	21/06/2018	French	PDF
Full model	31/12/2016	30/05/2017	13/06/2017	French	PDF
Full model	31/12/2015	31/05/2016	14/06/2016	French	PDF
Full model	31/12/2014	12/05/2015	30/06/2015	French	PDF
Full model	31/12/2013	03/06/2014	04/06/2014	French	PDF
Full model	31/12/2012	19/06/2013	08/07/2013	French	PDF
Full model	31/12/2011	19/06/2012	25/06/2012	French	PDF
Full model	31/12/2010	16/05/2011	09/06/2011	French	PDF
Full model	31/12/2009	15/06/2010	17/06/2010	French	PDF
Full model	31/12/2008	28/05/2009	24/06/2009	French	PDF
Full model	31/12/2007	07/05/2008	13/05/2008	French	PDF
Full model	31/12/2006	30/04/2007	14/05/2007	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

12 active · 21 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dany DRION	Director16/12/2025 → 16/12/2030
Eric REUTER	Director16/12/2025 → 16/12/2030
Marie SOUGNE	Director16/12/2025 → 16/12/2030
Pol ETIENNE	Director16/12/2025 → 16/12/2030
Michel BOYENS	Director08/09/2020 → 17/06/2030
Romain BRUNINX	Director17/06/2025 → 17/06/2030
Jacques SMAL	Director19/12/2023 → 19/12/2028
Véronique D'HUART	Director19/12/2023 → 19/12/2028
Fabienne WOIGNEZ	Director19/12/2017 → 22/12/2027
Hugues JUDONG	Director30/05/2017 → 29/06/2027
Philippe BETZ	Chairman of the board of directors21/06/2022 → 21/06/2027Vice-chairman of the board of directors19/06/2012 → 28/06/2022endedDirector30/06/2007 → 29/06/2027ended
Alain DELIEGE	Director14/12/2021 → 14/12/2026Mandateended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dominique JACQMIN	Director18/06/2024 → 19/06/2029
Virginie LEUMENIER	Director18/06/2024 → 19/06/2029
Hector MAGOTTE	Director19/12/2023 → 19/12/2028
Myriam FORET-VIEUJEAN	Director17/12/2019 → 10/12/2024

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other21/09/2026
Renouvellement de mandat
PDF
Mandates18/02/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates21/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates10/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates25/09/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates21/03/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates29/11/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates19/06/2023
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

Incorporation1923

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Marie SOUGNE

Eric REUTER

Pol ETIENNE

Dany DRION

Romain BRUNINX

Michel BOYENS

Véronique D'HUART

Jacques SMAL

Fabienne WOIGNEZ

Philippe BETZ

Hugues JUDONG

Alain DELIEGE

and 17 more mandates

19661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

La Lumiere, Oeuvre Royale pour Personnes AveuLA LUMIERE, Oeuvre Royale pour Personnes Aveugles et MalvoyantesLA LUMIERE, Oeuvre Royale pour Aveugles et Malvoyants

Rue Sainte-Véronique 17, 4000 Liège

Director

Chairman of the board of directorsVice-chairman of the board of directorsDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Sainte-Véronique 17, 4000 LiègeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00189467

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
LA LUMIERE, Oeuvre Royale pour Personnes Aveugles et MalvoyantesCurrent		CBE
La Lumiere, Oeuvre Royale pour Personnes Aveu	accounts 2023 → 2025	Accounts 2025 · 2026-00189467
LA LUMIERE, Oeuvre Royale pour Personnes Aveugles et Malvoyantes	accounts 2021 → 2022	Accounts 2022 · 2023-00184682
LA LUMIERE, Oeuvre Royale pour Aveugles et Malvoyants	accounts 2007 → 2020	Accounts 2020 · 2021-26400236

Events

2025
Annual accounts 2025-185,8 k €↓
2024
Annual accounts 2024-74 k €↓
2023
Annual accounts 2023101,2 k €↑
2023
Name changeLa Lumiere, Oeuvre Royale pour Personnes Aveu
2022
Annual accounts 2022-1,9 M €↓
2021
Annual accounts 2021331 k €↑
2021
Name changeLA LUMIERE, Oeuvre Royale pour Personnes Aveugles et Malvoyantes
2020
Annual accounts 202012,4 k €↓
2019
Annual accounts 20192 M €↑
2018
Annual accounts 2018-628,5 k €↓
2017
Annual accounts 2017-120,7 k €↓
2016
Annual accounts 20161,6 M €↑
2015
Annual accounts 2015403,2 k €↑
2014
Annual accounts 2014-654,3 k €↓
2013
Annual accounts 2013285,3 k €↑
2012
Annual accounts 2012-122,9 k €↓
2011
Annual accounts 2011297,1 k €↓
2010
Annual accounts 2010441,6 k €↑
2009
Annual accounts 2009-10,1 k €↑
2008
Annual accounts 2008-793,6 k €↓
2007
Annual accounts 2007320,4 k €
16/01/1923
IncorporationNon-profit organization

LA LUMIERE, Oeuvre Royale pour Personnes Aveugles et Malvoyantes

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