ACTIVE

Centre International d'Etudes de la Formation Religieuse Lumen Vitae

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Financial year 2025 · Closed on 31/12/2025

Net result-154,1 k €+56,9 %over 1 year

Gross margin255,7 k €+1 105,0 %over 1 year

Equity554,2 k €-25,5 %over 1 year

Workforce3,5 ETP-7,9 %over 1 year

Identity

Source · BCE/KBO

Centre International d'Etudes de la Formation Religieuse Lumen Vitae is a Non-profit organization incorporated in 1948. Its main activity is: Higher education. Its registered office is in Namur. It employs on average 3,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0407.139.781
Incorporation: 17/06/1948
Legal form: Non-profit organization
Registered office: Rue J. Grafé 4 box 2
5000 Namur · WallonieSee on map
Latest accounts: 31/12/2025
Average workforce: 3,5 ETP

Activities (NACE)

85409Higher education· main 85429Tertiary education

Joint committees (1)

Signals

Solid equityGood liquidityPositive cashflowHealthy social debts

Financials

Source · NBB, 10 filings

Trend over 9 financial years

	2025		2024		2023		2022		2020
Income statement
Gross margin	255,7 k €	+1105%	21,2 k €	+341%	-8,8 k €	-104%	212,5 k €	-19.3%	263,3 k €
EBITDA	-100 k €	+71.0%	-345 k €	+48.7%	-672,7 k €	-254%	-190 k €	-92.6%	-98,7 k €
Operating result	-635,2 k €	-77.6%	-357,6 k €	+48.1%	-689,5 k €	-233%	-206,8 k €	-70.2%	-121,5 k €
Net result	-154,1 k €	+56.9%	-357,8 k €	+43.7%	-635,2 k €	-266%	-173,8 k €	-217%	147,9 k €
Balance sheet
Equity	554,2 k €	-25.5%	743,6 k €	-32.5%	1,1 M €	-43.8%	2 M €	-24.4%	2,6 M €
Total assets	1,5 M €	+25.5%	1,2 M €	-22.3%	1,5 M €	-34.5%	2,3 M €	-16.1%	2,7 M €
Cash	1,3 M €	+329%	311,1 k €	+364%	67,1 k €	-71.4%	234,6 k €	-24.8%	311,9 k €
Debts	170 k €	-25.0%	226,6 k €	+19.7%	189,3 k €	+37.4%	137,8 k €	+11.5%	123,6 k €
Other
Workforce	3,5 ETP	-7.9%	3,8 ETP	-7.3%	4,1 ETP	-8.9%	4,5 ETP	+15.4%	3,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ENZO PEZZINI	Directorsince 16/05/2023
ETIENNE VANDEPUTTE	Chairman of the board of directorssince 20/09/2016
JEAN-MARIE GYSELINX	Directorsince 23/06/2020
MICHEL LAMBOTTE	Directorsince 20/09/2016
PAUL MALVAUX	Directorsince 23/06/2020
STIJN VAN DEN BOSSCHE	Directorsince 20/09/2016

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Marie GISSELYNX	Director23/06/2020 → 23/06/2023
JOSEFA KANZAYIRE	Directorsince 23/06/2020
Josepha KANZAYIRE	Director23/06/2020 → 23/06/2023

Other companies at this address

Rue J. Grafé 4 5000 Namur

Company	CBE no.
Cardinal Henri de Lubac● Active	0432.553.979
Communauté Jésuite de Namur● Active	0410.328.905

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged 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	18/08/2026	25/08/2025	22/08/2024	06/09/2023	20/06/2022	28/06/2021
General meeting	22/05/2026	20/05/2025	21/05/2024	16/05/2023	17/05/2022	28/05/2021
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, 10 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	22/05/2026	18/08/2026	French	PDF
Abridged model	31/12/2024	20/05/2025	25/08/2025	French	PDF
Abridged model	31/12/2023	21/05/2024	22/08/2024	French	PDF
Abridged model	31/12/2022	16/05/2023	06/09/2023	French	PDF
Abridged model	31/12/2021	17/05/2022	20/06/2022	French	PDF
Abridged model	31/12/2020	28/05/2021	28/06/2021	French	PDF
Abridged model	31/12/2019	15/06/2020	21/09/2020	French	PDF
Abridged model	31/12/2018	08/05/2019	26/08/2019	French	PDF
Abridged model	31/12/2017	15/03/2018	29/08/2018	French	PDF
Abridged model	31/12/2016	15/03/2017	28/08/2017	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

6 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ENZO PEZZINI	Directorsince 16/05/2023
ETIENNE VANDEPUTTE	Chairman of the board of directorssince 20/09/2016
JEAN-MARIE GYSELINX	Directorsince 23/06/2020
MICHEL LAMBOTTE	Directorsince 20/09/2016
PAUL MALVAUX	Directorsince 23/06/2020
STIJN VAN DEN BOSSCHE	Directorsince 20/09/2016

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Marie GISSELYNX	Director23/06/2020 → 23/06/2023
JOSEFA KANZAYIRE	Directorsince 23/06/2020
Josepha KANZAYIRE	Director23/06/2020 → 23/06/2023

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates25/04/2025
DEMISSIONS, NOMINATIONS
PDF
Other08/03/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates04/11/2020
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other30/08/2019
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates05/05/2017
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office12/04/2016
SIEGE SOCIAL
PDF
Mandates31/10/2014
DEMISSIONS, NOMINATIONS
PDF
Other28/05/2014
DIVERS
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

Incorporation1948

Name

Registered office

Annual accounts

Filings9 filings

Mandates

JEAN-MARIE GYSELINX

ENZO PEZZINI

PAUL MALVAUX

STIJN VAN DEN BOSSCHE

MICHEL LAMBOTTE

ETIENNE VANDEPUTTE

Julien DECLAIRFAYT

STIJN VAN DEN BOSSCHES

JOSEFA KANZAYIRE

Josepha KANZAYIRE

Julien DECLAIFAYT

Jean-Marie GISSELYNX

and 2 more mandates

1966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Centre International d'Etudes de la Formation Religieuse Lumen Vitae

Rue J. Grafé 4 bte 2, 5000 Namur

Director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue J. Grafé 4 bte 2, 5000 NamurCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00408203

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Centre International d'Etudes de la Formation Religieuse Lumen VitaeCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00408203

Events

2025
Annual accounts 2025-154,1 k €↑
2024
Annual accounts 2024-357,8 k €↑
2023
Annual accounts 2023-635,2 k €↓
2022
Annual accounts 2022-173,8 k €↓
2020
Annual accounts 2020147,9 k €↑
2019
Annual accounts 2019-195,2 k €↓
2018
Annual accounts 2018-83,9 k €↓
2017
Annual accounts 20179,6 k €↓
2016
Annual accounts 2016480,3 k €
17/06/1948
IncorporationNon-profit organization

Centre International d'Etudes de la Formation Religieuse Lumen Vitae

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