ACTIVE

ASSOCIATION DES ALUMNI DE L'INSTITUT MONTEFIORE

Financial year 2025 · Closed on 31/12/2025

Net result118 k €+184,8 %over 1 year
Gross margin-5,1 k €+95,9 %over 1 year
Equity2,8 M €+4,4 %over 1 year

Identity

Source · BCE/KBO

ASSOCIATION DES ALUMNI DE L'INSTITUT MONTEFIORE is a Non-profit organization incorporated in 1900. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0408.732.066
Incorporation
01/01/1900
Legal form
Non-profit organization
Registered office
Rue des Hômes 1
4000 Liège · WallonieSee on map
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202520242023
Income statement
Gross margin-5,1 k €-125,1 k €1,8 M €
EBITDA134 k €-129,7 k €330,8 k €
Operating result109,9 k €-152,4 k €307,5 k €
Net result118 k €-139,2 k €388,3 k €
Balance sheet
Equity2,8 M €2,7 M €2,8 M €
Total assets3,2 M €3,5 M €4,1 M €
Cash449,3 k €1,3 M €1,7 M €
Debts32,7 k €61,6 k €151,9 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

9 active · 14 ended

Active mandates

Bernard CORNELUSSE

Director · since 08 avril 2026 · until 07 avril 2028

Active
Bertrand DI RENZO

Director · since 08 avril 2026 · until 07 avril 2028

Active
Damien ERNST

Director · since 08 avril 2026 · until 07 avril 2028

Active
Fabrice FREBEL

Director · since 08 avril 2026 · until 07 avril 2028

Active
Frédéric OLIVIER

Managing director · since 08 avril 2026 · until 07 avril 2028

Active
Guy LOURTIE

Chairman of the board of directors · since 08 avril 2026 · until 07 avril 2028

Active
Jérémie DELHAXHE

Managing director · since 08 avril 2026 · until 07 avril 2028

Active
Louis MAESEN

Director · since 08 avril 2026 · until 07 avril 2028

Active
Pierre SACRE

Director · since 08 avril 2026 · until 07 avril 2028

Active

Ended mandates

Damien ERNST

Director · since 25 avril 2024 · until 24 avril 2026

Ended
Damien ERNST

Director · since 25 avril 2024 · until 30 avril 2026

Ended
Fabrice FREBEL

Director · since 25 avril 2024 · until 24 avril 2026

Ended
Fabrice FREBEL

Director · since 25 avril 2024 · until 30 avril 2026

Ended

Full financial information

Source · NBB
202520242023
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months12 months
Filing date23/04/202629/04/202513/06/2024
General meeting08/04/202607/04/202525/04/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202508/04/202623/04/2026FrenchPDF
Micro model31/12/202407/04/202529/04/2025FrenchPDF
Micro model31/12/202325/04/202413/06/2024FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

9 active · 14 ended

Active mandates

Bernard CORNELUSSE

Director · since 08 avril 2026 · until 07 avril 2028

Active
Bertrand DI RENZO

Director · since 08 avril 2026 · until 07 avril 2028

Active
Damien ERNST

Director · since 08 avril 2026 · until 07 avril 2028

Active
Fabrice FREBEL

Director · since 08 avril 2026 · until 07 avril 2028

Active
Frédéric OLIVIER

Managing director · since 08 avril 2026 · until 07 avril 2028

Active
Guy LOURTIE

Chairman of the board of directors · since 08 avril 2026 · until 07 avril 2028

Active
Jérémie DELHAXHE

Managing director · since 08 avril 2026 · until 07 avril 2028

Active
Louis MAESEN

Director · since 08 avril 2026 · until 07 avril 2028

Active
Pierre SACRE

Director · since 08 avril 2026 · until 07 avril 2028

Active

Ended mandates

Damien ERNST

Director · since 25 avril 2024 · until 24 avril 2026

Ended
Damien ERNST

Director · since 25 avril 2024 · until 30 avril 2026

Ended
Fabrice FREBEL

Director · since 25 avril 2024 · until 24 avril 2026

Ended
Fabrice FREBEL

Director · since 25 avril 2024 · until 30 avril 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/07/2026
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates15/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/01/2024
    DENOMINATION - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates09/06/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/10/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/04/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/06/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/11/2012
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025118 k €↑
  2. 2024
    Annual accounts 2024-139,2 k €↓
  3. 2023
    Annual accounts 2023388,3 k €
  4. 01/01/1900
    IncorporationNon-profit organization