ACTIVE

Paters Passionisten

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Financial year 2025 · Closed on 31/12/2025

Net result-493,2 k €-659,2 %over 1 year

Gross margin63,3 k €+176,1 %over 1 year

Equity17,7 M €-2,7 %over 1 year

Workforce0,7 ETP

Identity

Source · BCE/KBO

Paters Passionisten is a Non-profit organization incorporated in 1925. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Kortrijk. It employs on average 0,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0406.581.438
Incorporation: 11/11/1925
Legal form: Non-profit organization
Registered office: Wandelingstraat(Kor) 33
8500 Kortrijk · FlandreSee on map
Latest accounts: 31/12/2025
Average workforce: 0,7 ETP

Activities (NACE)

91310Libraries, archives, museums and other cultural activities· main 94910Activities of religious organisations 94910Activities of religious organisations

Signals

Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	63,3 k €	+176%	-83,1 k €	-134%	247,5 k €	+191%	-271,1 k €	-201%	269,7 k €
EBITDA	-426,6 k €	-95.5%	-218,2 k €	-341%	90,4 k €	+115%	-587,3 k €	-533%	135,6 k €
Operating result	-427,6 k €	-95.1%	-219,2 k €	-350%	87,5 k €	+115%	-590,3 k €	-545%	132,6 k €
Net result	-493,2 k €	-659%	-65 k €	-110%	668,2 k €	+143%	-1,5 M €	-432%	466,4 k €
Balance sheet
Equity	17,7 M €	-2.7%	18,2 M €	-0.4%	18,3 M €	+3.8%	17,6 M €	-8.1%	19,1 M €
Total assets	17,7 M €	-2.7%	18,2 M €	-0.4%	18,3 M €	+3.7%	17,6 M €	-8.0%	19,2 M €
Cash	158,8 k €	-86.4%	1,2 M €	-25.8%	1,6 M €	-59.0%	3,8 M €	+93.2%	2 M €
Debts	27,4 k €	-16.3%	32,8 k €	-18.6%	40,2 k €	-27.0%	55,2 k €	+78.4%	30,9 k €
Other
Workforce	0,7 ETP		–		–		–		1,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 32 ended

Active mandates

Christiaan Van Quickelberghe

Director · since 27 mai 2026

Active

Frans Damen

Chairman of the board of directors · since 27 mai 2026

Active

Guy Depestele

Director · since 27 mai 2026

Active

Maurice Mazijn

Director · since 27 mai 2026

Active

Paul Francis Spencer

Director · since 27 mai 2026

Active

Ended mandates

Paul Francis Spencer

Director · since 28 mai 2025

Ended

Guy Achiel Depestele

Director · since 15 juin 2022 · until 02 juin 2026

Ended

Guy Depestele

Director · since 15 juin 2022 · until 02 juin 2026

Ended

Christiaan van Quickelberghe

Director · since 14 octobre 2021 · until 02 juin 2026

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Micro model	Micro 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	27/05/2026	29/05/2025	29/05/2024	22/06/2023	16/06/2022	23/06/2021
General meeting	27/05/2026	28/05/2025	29/05/2024	21/06/2023	15/06/2022	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
Abridged model	31/12/2025	27/05/2026	27/05/2026	Dutch	PDF
Micro model	31/12/2024	28/05/2025	29/05/2025	Dutch	PDF
Micro model	31/12/2023	29/05/2024	29/05/2024	Dutch	PDF
Micro model	31/12/2022	21/06/2023	22/06/2023	Dutch	PDF
Abridged model	31/12/2021	15/06/2022	16/06/2022	Dutch	PDF
Abridged model	31/12/2020	22/06/2021	23/06/2021	Dutch	PDF
Abridged model	31/12/2019	23/06/2020	24/06/2020	Dutch	PDF
Abridged model	31/12/2018	25/06/2019	26/06/2019	Dutch	PDF
Abridged model	31/12/2017	15/05/2018	16/05/2018	Dutch	PDF
Abridged model	31/12/2016	29/05/2017	29/05/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	30/05/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	25/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/04/2014	02/04/2014	Dutch	PDF
Abridged model	31/12/2012	08/05/2013	08/05/2013	Dutch	PDF
Abridged model	31/12/2011	27/04/2012	27/04/2012	Dutch	PDF
Abridged model	31/12/2010	27/04/2011	30/05/2011	Dutch	PDF
Abridged model	31/12/2009	24/03/2010	24/03/2010	Dutch	PDF
Abridged model	31/12/2008	25/03/2009	07/05/2009	Dutch	PDF
Abridged model	31/12/2007	31/03/2008	25/04/2008	Dutch	PDF
Abridged model	31/12/2006	28/03/2007	08/05/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

5 active · 32 ended

Active mandates

Christiaan Van Quickelberghe

Director · since 27 mai 2026

Active

Frans Damen

Chairman of the board of directors · since 27 mai 2026

Active

Guy Depestele

Director · since 27 mai 2026

Active

Maurice Mazijn

Director · since 27 mai 2026

Active

Paul Francis Spencer

Director · since 27 mai 2026

Active

Ended mandates

Paul Francis Spencer

Director · since 28 mai 2025

Ended

Guy Achiel Depestele

Director · since 15 juin 2022 · until 02 juin 2026

Ended

Guy Depestele

Director · since 15 juin 2022 · until 02 juin 2026

Ended

Christiaan van Quickelberghe

Director · since 14 octobre 2021 · until 02 juin 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other06/07/2026
—
PDF
Mandates04/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/08/2022
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/11/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/10/2010
ONTSLAGEN - BENOEMINGEN
PDF

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

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Timeline

2025
Annual accounts 2025-493,2 k €↓
2024
Annual accounts 2024-65 k €↓
2023
Annual accounts 2023668,2 k €↑
2022
Annual accounts 2022-1,5 M €↓
2021
Annual accounts 2021466,4 k €↓
2020
Annual accounts 2020884,4 k €↑
2019
Annual accounts 2019257 k €↑
2018
Annual accounts 2018-182,1 k €↓
2017
Annual accounts 2017209 k €↑
2016
Annual accounts 201639,8 k €↓
2015
Annual accounts 2015115,8 k €↓
2014
Annual accounts 2014235,9 k €↓
2013
Annual accounts 2013254 k €↓
2012
Annual accounts 2012461,8 k €↑
2011
Annual accounts 2011254,2 k €↑
2010
Annual accounts 201022,2 k €↓
2009
Annual accounts 2009346,7 k €
11/11/1925
IncorporationNon-profit organization

Paters Passionisten

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