ACTIVE

Bethleem

Financial year 2025 · closed on 31/12/2025
Net result
302,4 k €
+4763.9% YoY
Gross margin
127,6 k €
+1711.2% YoY
Equity
7,7 M €
+4.1% YoY
Workforce
1,0 ETP
0.0% YoY

What does Bethleem do?

Bethleem is a Non-profit organization incorporated in 1932. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Nivelles. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0409.071.863
Incorporation
14/01/1932
Legal form
Non-profit organization
Registered office
Rue des Combattants 4
1400 Nivelles · WallonieSee on map
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin127,6 k €-7,9 k €62,1 k €16,8 k €374,7 k €370 k €-21,2 k €-12,8 k €-12,9 k €-12 k €-14 k €654 €195,1 k €52 k €127,2 k €25 k €18,3 k €
EBITDA32,8 k €-126,4 k €-13,2 k €-72,9 k €313,6 k €306,8 k €-95,1 k €-70,6 k €-68,6 k €-80,1 k €-92,5 k €-87,8 k €97,6 k €-39,2 k €-15,2 k €-58,7 k €-61,8 k €
Operating result25,7 k €-149,2 k €-26,6 k €-83,6 k €303,2 k €296 k €-103,5 k €-75,9 k €-73,5 k €-84,3 k €-99,1 k €-96,8 k €91,9 k €-44,8 k €-23 k €-64,2 k €-80,1 k €
Net result302,4 k €-6,5 k €277,6 k €-475 k €591,1 k €237,6 k €836,4 k €20,8 k €68,2 k €5,1 k €173 k €869,1 k €637,8 k €691,1 k €17,6 k €83,3 k €25,1 k €
Balance sheet
Equity7,7 M €7,4 M €7,4 M €7,1 M €7,6 M €7 M €6,8 M €5,9 M €5,9 M €5,9 M €5,9 M €5,7 M €4,8 M €4,2 M €3,5 M €3,5 M €3,4 M €
Total assets7,7 M €7,4 M €7,4 M €7,1 M €7,6 M €7 M €6,8 M €6 M €5,9 M €5,9 M €5,9 M €5,7 M €4,8 M €4,2 M €3,5 M €3,5 M €3,4 M €
Cash1,3 M €1,3 M €1,2 M €1,5 M €1,5 M €1,6 M €1,2 M €1,1 M €876,4 k €362,7 k €430,5 k €1,1 M €1,4 M €1,2 M €1,5 M €414,6 k €420 k €
Debts8,5 k €8,4 k €8,8 k €4,2 k €7,9 k €4,1 k €15,1 k €4,6 k €4,9 k €4,1 k €4 k €4 k €6,7 k €5,4 k €5,7 k €13,5 k €6,1 k €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,2 ETP1,5 ETP1,2 ETP1,4 ETP1,5 ETP1,5 ETP1,4 ETP1,5 ETP1,5 ETP1,5 ETP1,6 ETP1,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 12 ended

Active mandates

Francoise MOYAUX

Director · since 23 août 2024 · until 22 août 2030

Active
Louise DE CLEYRE

Director · since 23 août 2024 · until 22 août 2030

Active
Marie-Catherine PETIAU

Chairman of the board of directors · since 23 août 2024 · until 22 août 2030

Active
Monique DELHAYE

Director · since 23 août 2024 · until 22 août 2030

Active

Ended mandates

Louise DE CLEYRE

Director · since 15 juin 2022 · until 22 août 2024

Ended
Adeline HONTOY

Director · since 22 août 2018 · until 22 août 2024

Ended
Marie-Catherine PETIAU

Chairman of the board of directors · since 22 août 2018 · until 22 août 2014

Ended
Marie-Catherine PETIAU

Chairman of the board of directors · since 22 août 2018 · until 22 août 2024

Ended
At this address

Other companies at this address

CompanyCBE no.
0409.900.422
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date11/05/202605/05/202523/04/202424/04/202325/04/202226/04/2021
General meeting04/05/202622/04/202516/04/202413/04/202313/04/202214/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/05/202611/05/2026FrenchPDF
Abridged model31/12/202422/04/202505/05/2025FrenchPDF
Abridged model31/12/202316/04/202423/04/2024FrenchPDF
Abridged model31/12/202213/04/202324/04/2023FrenchPDF
Abridged model31/12/202113/04/202225/04/2022FrenchPDF
Abridged model31/12/202014/04/202126/04/2021FrenchPDF
Abridged model31/12/201910/06/202015/06/2020FrenchPDF
Abridged model31/12/201809/04/201924/04/2019FrenchPDF
Abridged model31/12/201709/04/201824/04/2018FrenchPDF
Abridged model31/12/201605/04/201724/04/2017FrenchPDF
Abridged model31/12/201506/04/201620/04/2016FrenchPDF
Abridged model31/12/201408/04/201520/04/2015FrenchPDF
Abridged model31/12/201307/04/201422/04/2014FrenchPDF
Abridged model31/12/201210/04/201323/04/2013FrenchPDF
Abridged model31/12/201111/04/201223/04/2012FrenchPDF
Abridged model31/12/201013/04/201127/04/2011FrenchPDF
Abridged model31/12/200928/04/201004/05/2010FrenchPDF
Abridged model31/12/200818/04/200921/04/2009FrenchPDF
Abridged model31/12/200723/04/200806/05/2008FrenchPDF
Abridged model31/12/200628/04/200723/05/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 4 active · 12 ended

Active mandates

Francoise MOYAUX

Director · since 23 août 2024 · until 22 août 2030

Active
Louise DE CLEYRE

Director · since 23 août 2024 · until 22 août 2030

Active
Marie-Catherine PETIAU

Chairman of the board of directors · since 23 août 2024 · until 22 août 2030

Active
Monique DELHAYE

Director · since 23 août 2024 · until 22 août 2030

Active

Ended mandates

Louise DE CLEYRE

Director · since 15 juin 2022 · until 22 août 2024

Ended
Adeline HONTOY

Director · since 22 août 2018 · until 22 août 2024

Ended
Marie-Catherine PETIAU

Chairman of the board of directors · since 22 août 2018 · until 22 août 2014

Ended
Marie-Catherine PETIAU

Chairman of the board of directors · since 22 août 2018 · until 22 août 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/07/2022
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates19/09/2018
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other16/09/2014
    OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates09/01/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/09/2012
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office17/09/2007
    SIEGE SOCIAL - ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates12/09/2006
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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

Timeline

  1. 2025
    Annual accounts 2025302,4 k €
  2. 2024
    Annual accounts 2024-6,5 k €
  3. 2023
    Annual accounts 2023277,6 k €
  4. 2022
    Annual accounts 2022-475 k €
  5. 2021
    Annual accounts 2021591,1 k €
  6. 2020
    Annual accounts 2020237,6 k €
  7. 2019
    Annual accounts 2019836,4 k €
  8. 2018
    Annual accounts 201820,8 k €
  9. 2017
    Annual accounts 201768,2 k €
  10. 2016
    Annual accounts 20165,1 k €
  11. 2015
    Annual accounts 2015173 k €
  12. 2014
    Annual accounts 2014869,1 k €
  13. 2013
    Annual accounts 2013637,8 k €
  14. 2012
    Annual accounts 2012691,1 k €
  15. 2011
    Annual accounts 201117,6 k €
  16. 2010
    Annual accounts 201083,3 k €
  17. 2009
    Annual accounts 200925,1 k €
  18. 14/01/1932
    IncorporationNon-profit organization