ACTIVE

Institut Technique

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Financial year 2025 · closed on 31/12/2025

Net result

13 k €

+127.6% YoY

Revenue

46,8 k €

-13.9% YoY

Equity

2,5 M €

-1.0% YoY

Workforce

3,0 ETP

-16.7% YoY

What does Institut Technique do?

Institut Technique is a Non-profit organization incorporated in 1955. Its main activity is: Security systems service activities. Its registered office is in Ath. It employs on average 3,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0407.592.614

Incorporation

29/12/1955

Legal form

Non-profit organization

Registered office

Boulevard du Château 12
7800 Ath · WallonieSee on map

Latest accounts

31/12/2025

Average workforce

3,0 ETP

Activities (NACE)

80224Security systems service activities· main 85324Technical and vocational secondary education 85324Technical and vocational secondary education

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Revenue	46,8 k €	-13.9%	54,4 k €	+3.3%	52,6 k €	-1.3%	53,3 k €	+352%	11,8 k €	-5.4%	12,5 k €	-25.5%	16,7 k €	-20.1%	20,9 k €	-28.3%	29,2 k €	-15.0%	34,4 k €	-18.9%	42,4 k €	-4.4%	44,4 k €	+17.6%	37,7 k €	-15.0%	44,4 k €	+19.9%	37 k €	+7.3%	34,5 k €
EBITDA	104,7 k €	+264%	28,7 k €	-75.4%	116,8 k €	-50.5%	235,9 k €	+165%	89,1 k €	-62.9%	240,1 k €	+17.1%	205 k €	+219%	64,2 k €	+8.9%	58,9 k €	-57.3%	137,9 k €	+559%	20,9 k €	-73.4%	78,7 k €	+847%	-10,5 k €	-120%	53,3 k €	+66.0%	32,1 k €	-70.2%	107,6 k €
Operating result	-29,1 k €	+68.6%	-92,5 k €	-6091%	-1,5 k €	-101%	106,1 k €	+412%	-34 k €	-132%	106,8 k €	+36.8%	78,1 k €	+207%	-73 k €	+4.6%	-76,4 k €	-776%	11,3 k €	+117%	-65,9 k €	-530%	-10,5 k €	+88.3%	-89,5 k €	-247%	-25,8 k €	+50.3%	-51,8 k €	-713%	8,5 k €
Net result	13 k €	+128%	-47 k €	-192%	51 k €	-63.6%	140,2 k €	+567%	21 k €	-88.2%	178,7 k €	+23.3%	145 k €	+1591%	-9,7 k €	+66.7%	-29,3 k €	-294%	15,1 k €	+143%	-34,9 k €	-179%	44 k €	+216%	13,9 k €	+126%	-54,4 k €	-1002%	-4,9 k €	-108%	59,2 k €
Balance sheet
Equity	2,5 M €	-1.0%	2,6 M €	-3.2%	2,6 M €	-6.7%	2,8 M €	+91.6%	1,5 M €	-2.0%	1,5 M €	+23.4%	1,2 M €	+10.1%	1,1 M €	-1.4%	1,1 M €	-0.7%	1,1 M €	+25.9%	899,2 k €	-3.9%	935,6 k €	+5.1%	890,3 k €	+0.8%	883,2 k €	-5.8%	937,1 k €	+0.2%	934,9 k €
Total assets	2,6 M €	-0.6%	2,7 M €	-3.4%	2,8 M €	-4.3%	2,9 M €	+91.3%	1,5 M €	-8.6%	1,6 M €	+18.0%	1,4 M €	+7.0%	1,3 M €	-1.9%	1,3 M €	-6.3%	1,4 M €	+51.9%	932,8 k €	-3.2%	963,6 k €	+5.7%	911,3 k €	-1.3%	923,2 k €	-3.4%	955,2 k €	+0.6%	949,6 k €
Cash	732 k €	+6.0%	690,9 k €	+0.7%	686 k €	-47.1%	1,3 M €	+50.7%	860,5 k €	-3.8%	894,9 k €	+55.1%	577,2 k €	+32.8%	434,7 k €	+1.7%	427,4 k €	+26.3%	338,4 k €	-25.7%	455,5 k €	-0.3%	456,7 k €	+27.3%	358,7 k €	-22.3%	461,5 k €	-16.1%	550,2 k €	-4.8%	577,9 k €
Debts	87,4 k €	-3.0%	90,1 k €	+41.3%	63,8 k €	+77.8%	35,9 k €	+34.4%	26,7 k €	-78.6%	124,9 k €	-24.8%	166 k €	-14.5%	194 k €	-4.5%	203,1 k €	-8.9%	222,8 k €	+564%	33,5 k €	+19.7%	28 k €	+33.4%	21 k €	-47.5%	40 k €	+122%	18 k €	+22.7%	14,7 k €
Other
Workforce	3,0 ETP	-16.7%	3,6 ETP	+5.9%	3,4 ETP	-15.0%	4,0 ETP	+5.3%	3,8 ETP	+2.7%	3,7 ETP	-7.5%	4,0 ETP	+21.2%	3,3 ETP	+10.0%	3,0 ETP	-11.8%	3,4 ETP	+13.3%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 38 ended

Active mandates

Gilbert Vanhoutte

Director · since 23 juin 2025

Active

Daniel Crevecoeur

Director · since 20 mars 2024

Active

Flavien Defrise

Director · since 20 mars 2024

Active

Jean-Pol Escoyez

Director · since 20 mars 2024

Active

Christian Bauthier

Director · since 16 mars 2022

Active

Denis Parfait

Director · since 30 septembre 2020 · until 28 mai 2025

Active

Yannik Dufour

Director · since 27 mars 2019

Active

Hubert Laurent

Chairman of the board of directors · since 16 janvier 2003

Active

Ended mandates

Denis PARFAIT

Director · since 30 septembre 2020

Ended

Olivier VLASSCHAERT

Managing director · since 05 décembre 2017 · until 31 décembre 2017

Ended

Daniel VANDENDAUL

Director · since 01 janvier 2017 · until 05 décembre 2017

Ended

Xavier ROBBEN

Director · since 01 janvier 2017 · until 05 décembre 2017

Ended

Annual accounts

Full financial information

	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	10/04/2026	16/06/2025	09/04/2024	07/07/2023	10/11/2022	09/09/2021
General meeting	08/04/2026	28/05/2025	20/03/2024	16/03/2023	16/03/2022	24/03/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	08/04/2026	10/04/2026	French	PDF
Full model	31/12/2024	28/05/2025	16/06/2025	French	PDF
Full model	31/12/2023	20/03/2024	09/04/2024	French	PDF
Full model	31/12/2022	16/03/2023	07/07/2023	French	PDF
Full model	31/12/2021	16/03/2022	10/11/2022	French	PDF
Full model	31/12/2020	24/03/2021	09/09/2021	French	PDF
Full model	31/12/2019	30/09/2020	18/11/2020	French	PDF
Full model	31/12/2018	27/03/2019	14/10/2019	French	PDF
Full model	31/12/2017	28/03/2018	05/07/2018	French	PDF
Full model	31/12/2016	22/03/2017	07/12/2017	French	PDF
Full model	31/12/2015	26/03/2016	21/11/2016	French	PDF
Full model	31/12/2014	18/03/2015	08/10/2015	French	PDF
Full model	31/12/2013	19/03/2014	24/11/2014	French	PDF
Full model	31/12/2012	06/03/2013	24/10/2013	French	PDF
Full model	31/12/2011	07/03/2012	29/08/2012	French	PDF
Full model	31/12/2010	23/02/2011	01/07/2011	French	PDF
Full model	31/12/2009	24/02/2010	30/04/2010	French	PDF
Full model	31/12/2008	18/03/2009	24/04/2009	French	PDF
Full model	31/12/2007	12/03/2008	09/04/2008	French	PDF
Full model	31/12/2006	14/03/2007	16/04/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 38 ended

Active mandates

Gilbert Vanhoutte

Director · since 23 juin 2025

Active

Daniel Crevecoeur

Director · since 20 mars 2024

Active

Flavien Defrise

Director · since 20 mars 2024

Active

Jean-Pol Escoyez

Director · since 20 mars 2024

Active

Christian Bauthier

Director · since 16 mars 2022

Active

Denis Parfait

Director · since 30 septembre 2020 · until 28 mai 2025

Active

Yannik Dufour

Director · since 27 mars 2019

Active

Hubert Laurent

Chairman of the board of directors · since 16 janvier 2003

Active

Ended mandates

Denis PARFAIT

Director · since 30 septembre 2020

Ended

Olivier VLASSCHAERT

Managing director · since 05 décembre 2017 · until 31 décembre 2017

Ended

Daniel VANDENDAUL

Director · since 01 janvier 2017 · until 05 décembre 2017

Ended

Xavier ROBBEN

Director · since 01 janvier 2017 · until 05 décembre 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/07/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates08/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates31/05/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates08/12/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates16/05/2022
DEMISSIONS, NOMINATIONS
PDF
Restructuring05/04/2022
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates23/10/2020
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates28/05/2019
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202513 k €↑
2024
Annual accounts 2024-47 k €↓
2023
Annual accounts 202351 k €↓
2022
Annual accounts 2022140,2 k €↑
2021
Annual accounts 202121 k €↓
2020
Annual accounts 2020178,7 k €↑
2019
Annual accounts 2019145 k €↑
2018
Annual accounts 2018-9,7 k €↑
2017
Annual accounts 2017-29,3 k €↓
2016
Annual accounts 201615,1 k €↑
2015
Annual accounts 2015-34,9 k €↓
2014
Annual accounts 201444 k €↑
2013
Annual accounts 201313,9 k €↑
2012
Annual accounts 2012-54,4 k €↓
2011
Annual accounts 2011-4,9 k €↓
2010
Annual accounts 201059,2 k €
29/12/1955
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Institut Technique

Overview

What does Institut Technique do?

Trend over 16 financial years

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