ACTIVE

Entreprise de Travail adapté 123 - Atelier protégé de Beauraing

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Financial year 2025 · Closed on 31/12/2025

Net result941,7 k €-47,1 %over 1 year

Revenue6,8 M €+18,0 %over 1 year

Equity10,2 M €+9,7 %over 1 year

Workforce267,9 ETP+6,3 %over 1 year

Identity

Source · BCE/KBO

Entreprise de Travail adapté 123 - Atelier protégé de Beauraing is a Non-profit organization incorporated in 1968. Its main activity is: Manufacture of products of wood, cork, straw and plaiting materials. Its registered office is in Beauraing. It employs on average 267,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0407.845.903
Incorporation: 21/10/1968
Legal form: Non-profit organization
Registered office: rue de Rochefort 201
5570 Beauraing · WallonieSee on map
Latest accounts: 31/12/2025
Average workforce: 267,9 ETP

Activities (NACE)

16281Manufacture of products of wood, cork, straw and plaiting materials· main 16291Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials 20510Manufacture of explosives 85322Technical and vocational secondary education 88993Other social work activities without accommodation n.e.c.88995Other social work activities without accommodation n.e.c.

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 7 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	6,8 M €	+18.0%	5,8 M €	-17.7%	7 M €	+35.3%	5,2 M €	+8.6%	4,8 M €
EBITDA	1,3 M €	-40.5%	2,2 M €	+163%	822,4 k €	+7.5%	765 k €	+71.0%	447,3 k €
Operating result	860,6 k €	-49.2%	1,7 M €	+379%	353,7 k €	+6.2%	333,1 k €	+1022%	-36,1 k €
Net result	941,7 k €	-47.1%	1,8 M €	+229%	541 k €	+57.2%	344,2 k €	+588%	50,1 k €
Balance sheet
Equity	10,2 M €	+9.7%	9,3 M €	+22.9%	7,6 M €	+6.9%	7,1 M €	+4.0%	6,8 M €
Total assets	12,2 M €	+8.2%	11,3 M €	+4.1%	10,8 M €	+5.8%	10,2 M €	+17.3%	8,7 M €
Cash	2,6 M €	-17.2%	3,2 M €	+42.6%	2,2 M €	-29.1%	3,1 M €	+45.4%	2,1 M €
Debts	1,6 M €	+1.7%	1,6 M €	-26.7%	2,2 M €	+23.9%	1,8 M €	+25.9%	1,4 M €
Other
Workforce	267,9 ETP	+6.3%	252,0 ETP	-9.2%	277,6 ETP	+2.5%	270,7 ETP	+5.7%	256,0 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 31/12/2023

13 active · 7 ended

Last known composition, from the accounts closed on 31/12/2023, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean MASSE	Directorsince 21/12/2021
Jean THIANGE	Directorsince 24/04/2011
Marie-Ange JAMART	Directorsince 24/04/2011
Marie-Paule FASSOTE	Directorsince 24/04/2021
Michel DEPESTEL	Directorsince 24/04/2011
Caroline BRACK	Directorsince 18/12/2018
Bernard DESMARETS	Directorsince 08/06/2017
Geneviève LANGUILLER	Directorsince 08/06/2017
Jean-Jacques LAMBIN	Directorsince 05/06/2017
Marie-Claire DEMARS	Directorsince 10/06/2015
Marie-Noelle ROUARD	Chairman of the board of directorssince 22/05/2013Directorsince 22/05/2013ended
Pierre DEMARS	Directorsince 22/05/2013
Willy BOURGEOIS	Directorsince 22/05/2013

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean LAMBIN	Directorsince 05/06/2017
Jean-Luc COLLAGE	Director09/06/2016 → 17/12/2020
Jean-Claude MICHEL	Directorsince 10/06/2015
Rosine PAUWELS	Director10/06/2015 → 15/05/2020

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	16/06/2026	05/01/2026	05/07/2024	18/07/2023	20/06/2022	28/06/2021
General meeting	11/06/2026	17/06/2025	25/06/2024	19/06/2023	18/06/2022	15/06/2021
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, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	11/06/2026	16/06/2026	French	PDF
Full model	31/12/2024	17/06/2025	05/01/2026	French	PDF
Full model	31/12/2023	25/06/2024	05/07/2024	French	PDF
Full model	31/12/2022	19/06/2023	18/07/2023	French	PDF
Full model	31/12/2021	18/06/2022	20/06/2022	French	PDF
Full model	31/12/2020	15/06/2021	28/06/2021	French	PDF
Full model	31/12/2019	18/06/2020	22/06/2020	French	PDF
m140-f-p	31/12/2018	11/06/2019	24/06/2019	French	PDF
m140-f-p	31/12/2017	12/06/2018	13/07/2018	French	PDF
m140-f-p	31/12/2016	08/06/2017	17/07/2017	French	PDF
m140-f-p	31/12/2015	09/06/2016	25/07/2016	French	PDF
m140-f-p	31/12/2014	10/06/2015	15/07/2015	French	PDF
m140-f-p	31/12/2013	20/06/2014	16/07/2014	French	PDF
m140-f-p	31/12/2012	27/05/2013	27/06/2013	French	PDF
m140-f-p	31/12/2011	29/05/2012	02/07/2012	French	PDF
m140-f-p	31/12/2010	07/06/2011	13/07/2011	French	PDF
m140-f-p	31/12/2009	08/06/2010	02/08/2010	French	PDF
m140-f-pCorrection	31/12/2008	10/06/2009	02/08/2010	French	PDF
m140-f-p	31/12/2008	10/06/2009	17/07/2009	French	PDF
m140-f-p	31/12/2007	12/06/2008	04/09/2008	French	PDF
m140-f-p	31/12/2006	05/06/2007	03/07/2007	French	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 31/12/2023

13 active · 7 ended

Last known composition, from the accounts closed on 31/12/2023, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean MASSE	Directorsince 21/12/2021
Jean THIANGE	Directorsince 24/04/2011
Marie-Ange JAMART	Directorsince 24/04/2011
Marie-Paule FASSOTE	Directorsince 24/04/2021
Michel DEPESTEL	Directorsince 24/04/2011
Caroline BRACK	Directorsince 18/12/2018
Bernard DESMARETS	Directorsince 08/06/2017
Geneviève LANGUILLER	Directorsince 08/06/2017
Jean-Jacques LAMBIN	Directorsince 05/06/2017
Marie-Claire DEMARS	Directorsince 10/06/2015
Marie-Noelle ROUARD	Chairman of the board of directorssince 22/05/2013Directorsince 22/05/2013ended
Pierre DEMARS	Directorsince 22/05/2013
Willy BOURGEOIS	Directorsince 22/05/2013

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean LAMBIN	Directorsince 05/06/2017
Jean-Luc COLLAGE	Director09/06/2016 → 17/12/2020
Jean-Claude MICHEL	Directorsince 10/06/2015
Rosine PAUWELS	Director10/06/2015 → 15/05/2020

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates18/06/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates31/10/2025
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates26/08/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates18/09/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates08/09/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates06/09/2021
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates01/03/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates09/09/2019
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

Incorporation

Name

Registered office

Annual accounts

Filings7 filings

Mandates

Jean MASSE

Marie-Paule FASSOTE

Marie-Ange JAMART

Caroline BRACK

Bernard DESMARETS

Geneviève LANGUILLER

Jean-Jacques LAMBIN

Marie-Claire DEMARS

Willy BOURGEOIS

Pierre DEMARS

Marie-Noelle ROUARD

Michel DEPESTEL

and 8 more mandates

19681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Entreprise de Travail adapté 123 - Atelier protégé de BeauraingEntreprise de Travail adapté 123 - Atelier protégé de Beauraing

rue de Rochefort 201, 5570 Beauraing

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 de Rochefort 201, 5570 BeauraingCurrent	accounts 2021 → 2023	Accounts 2023 · 2024-00218140

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Entreprise de Travail adapté 123 - Atelier protégé de BeauraingCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00168233
ENTREPRISE DE TRAVAIL ADAPTE DE BEAURAING	accounts 2023	Accounts 2023 · 2024-00218140
Entreprise de Travail adapté 123 - Atelier protégé de Beauraing	accounts 2022	Accounts 2022 · 2023-00248832
ENTREPRISE DE TRAVAIL ADAPTE DE BEAURAING	accounts 2021	Accounts 2021 · 2022-20076448
Entreprise de Travail adapté 123 - Atelier protégé de Beauraing	accounts 2019 → 2020	Accounts 2020 · 2021-29200286

Events

2025
Annual accounts 2025941,7 k €↓
2024
Annual accounts 20241,8 M €↑
2024
Name changeEntreprise de Travail adapté 123 - Atelier protégé de Beauraing
2023
Annual accounts 2023541 k €↑
2023
Name changeENTREPRISE DE TRAVAIL ADAPTE DE BEAURAING
2022
Annual accounts 2022344,2 k €↑
2022
Name changeEntreprise de Travail adapté 123 - Atelier protégé de Beauraing
2021
Annual accounts 202150,1 k €↓
2021
Name changeENTREPRISE DE TRAVAIL ADAPTE DE BEAURAING
2020
Annual accounts 2020198,8 k €↓
2019
Annual accounts 2019288,4 k €
21/10/1968
IncorporationNon-profit organization

Entreprise de Travail adapté 123 - Atelier protégé de Beauraing

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