ACTIVE

Mercurian

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Financial year 2025 · Closed on 31/12/2025

Net result18,8 M €+550,0 %over 1 year

Gross margin1,7 M €+129,0 %over 1 year

Equity101,2 M €+22,8 %over 1 year

Workforce6,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

Mercurian is a Non-profit organization incorporated in 1922. Its main activity is: Activities of other membership organisations n.e.c.. Its registered office is in Woluwe-Saint-Pierre. It employs on average 6,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0409.633.572
Incorporation: 03/08/1922
Legal form: Non-profit organization
Registered office: Rue Maurice Liétart 31
1150 Woluwe-Saint-Pierre · BruxellesSee on map
Latest accounts: 31/12/2025
Average workforce: 6,0 ETP

Activities (NACE)

94999Activities of other membership organisations n.e.c.· main 94999Activities of other membership organisations n.e.c.

Joint committees (3)

Contacts

3 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,7 M €	+129%	759 k €	-64.8%	2,2 M €	+47.0%	1,5 M €	-54.7%	3,2 M €
EBITDA	-3,3 M €	+18.0%	-4 M €	-86.7%	-2,1 M €	+28.6%	-3 M €	-922%	-294,6 k €
Operating result	-4,1 M €	+13.7%	-4,8 M €	-39.8%	-3,4 M €	+8.9%	-3,8 M €	-475%	-655 k €
Net result	18,8 M €	+550%	-4,2 M €	-98.5%	-2,1 M €	+38.3%	-3,4 M €	-800%	487,3 k €
Balance sheet
Equity	101,2 M €	+22.8%	82,4 M €	-4.8%	86,5 M €	-2.4%	88,6 M €	-2.2%	90,7 M €
Total assets	105,1 M €	+21.1%	86,8 M €	-4.2%	90,6 M €	-2.7%	93,1 M €	-1.0%	94 M €
Cash	1,5 M €	+216%	459,9 k €	-69.8%	1,5 M €	+197%	513,2 k €	-83.5%	3,1 M €
Debts	3,2 M €	-13.1%	3,7 M €	-8.6%	4 M €	-5.9%	4,3 M €	+27.4%	3,4 M €
Other
Workforce	6,0 ETP	0.0%	6,0 ETP	-3.2%	6,2 ETP	-18.4%	7,6 ETP	-31.5%	11,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 18 ended

Active mandates

ANDRE MOREAU

Mandate

Active

BENOIT WILLEMAERS

Mandate

Active

FRANCK DELORME

Mandate

Active

JOSY BIRSENS

Mandate

Active

MARCEL REMON

Mandate

Active

THIERRY DOBBELSTEIN

Mandate

Active

Ended mandates

Franck DELORME

Director · since 22 juin 2017

Ended

Josy BIRSENS

Director · since 22 juin 2017

Ended

Thierry DOBBELSTEIN

Director · since 25 août 2016

Ended

Franck JANIN

Director · since 01 août 2011

Ended

Other companies at this address

Rue Maurice Liétart 31 1150 Woluwe-Saint-Pierre

Company	CBE no.
Centre Avec● Active	0457.748.641
Centre de documentation et de recherches religieuses● Active	0407.770.281
COMMUNAUTE SAINT-FRANCOIS-XAVIER● Active	0402.311.260
Communauté Saint-Paul● Active	0407.875.694
Foyer Saint-Robert Bellarmin● Liquidation	0410.035.628
Institut Saint Robert Bellarmin● Active	0407.755.138
Jesuit Refugee Service-Belgium● Active	0894.550.034
Maison Notre Dame du Travail● Active	0410.191.620
Maison Saint-Stanislas● Active	0410.716.113
Oeuvres Jésuites de Bruxelles-Saint-Michel● Active	0410.270.606
Oeuvres Jésuites d'Enseignement● Active	0409.721.169
Oeuvres Sociales et Educatives des jésuites au Tiers Monde● Active	0411.104.707
Réseau Ignatien des Jeunes● Active	0833.248.212
RivEspérance● Active	0767.999.676
Seminaire Saint-Francois Xavier● Active	0409.633.770
Vie chrétienne● Active	0444.282.467

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	30/06/2026	07/07/2025	18/07/2024	26/06/2023	31/08/2022	16/07/2021
General meeting	17/06/2026	18/06/2025	25/06/2024	20/06/2023	03/06/2022	21/05/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	17/06/2026	30/06/2026	French	PDF
Abridged model	31/12/2024	18/06/2025	07/07/2025	French	PDF
Abridged model	31/12/2023	25/06/2024	18/07/2024	French	PDF
Abridged model	31/12/2022	20/06/2023	26/06/2023	French	PDF
Abridged model	31/12/2021	03/06/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	21/05/2021	16/07/2021	French	PDF
Abridged model	31/12/2019	15/05/2020	27/05/2020	French	PDF
Abridged model	31/12/2018	23/04/2019	23/08/2019	French	PDF
Abridged model	31/12/2017	27/03/2018	17/08/2018	French	PDF
Abridged model	31/12/2016	14/03/2017	14/06/2017	French	PDF
Abridged model	31/12/2015	23/03/2016	31/05/2016	French	PDF
Abridged model	31/12/2014	25/03/2015	21/08/2015	French	PDF
Abridged model	31/12/2013	26/03/2014	02/04/2014	French	PDF
Abridged model	31/12/2012	27/03/2013	27/06/2013	French	PDF
Abridged model	31/12/2011	30/03/2012	11/06/2012	French	PDF
Abridged model	31/12/2010	19/03/2011	30/08/2011	French	PDF
Abridged model	31/12/2009	20/03/2010	31/05/2010	French	PDF
Abridged model	31/12/2008	11/03/2009	23/06/2009	French	PDF
Abridged model	31/12/2007	18/03/2008	30/05/2008	French	PDF
Abridged model	31/12/2006	07/03/2007	03/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 18 ended

Active mandates

ANDRE MOREAU

Mandate

Active

BENOIT WILLEMAERS

Mandate

Active

FRANCK DELORME

Mandate

Active

JOSY BIRSENS

Mandate

Active

MARCEL REMON

Mandate

Active

THIERRY DOBBELSTEIN

Mandate

Active

Ended mandates

Franck DELORME

Director · since 22 juin 2017

Ended

Josy BIRSENS

Director · since 22 juin 2017

Ended

Thierry DOBBELSTEIN

Director · since 25 août 2016

Ended

Franck JANIN

Director · since 01 août 2011

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates06/11/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates14/11/2024
DEMISSIONS, NOMINATIONS
PDF
Other14/11/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates19/05/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates19/05/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates05/10/2017
DEMISSIONS, NOMINATIONS
PDF
Other30/09/2016
ASSEMBLEE GENERALE
PDF
Mandates18/08/2011
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 202518,8 M €↑
18/06/2025
nominationGuillaume PARDONGE — représentant permanent (commissaire aux comptes)
2024
Annual accounts 2024-4,2 M €↓
25/06/2024
nominationBenoit Willemaers — administrateur
25/06/2024
nominationThierry DOBBELSTEIN — Président
25/06/2024
nominationAndré MOREAU — administrateur
25/06/2024
nominationFranck DELORME — Vice-Président
25/06/2024
nominationBenoît WILLEMAERS — Trésorier
25/06/2024
nominationJosy BIRSENS — Secrétaire
25/06/2024
nominationMarcel Remon — administrateur
2023
Annual accounts 2023-2,1 M €↑
26/04/2023
nominationMazars Réviseurs d'entreprises SRL — commissaire
26/04/2023
nominationXavier Doyen — représentant permanent
2022
Annual accounts 2022-3,4 M €↓
03/06/2022
nominationAndré Moreau — président
03/06/2022
nominationFranck Delorme — vice-président
03/06/2022
nominationThierry Dobbelstein — trésorier
03/06/2022
nominationJosy Birsens — secrétaire
2021
Annual accounts 2021487,3 k €↓
2020
Annual accounts 202048,2 M €↑
2019
Annual accounts 20193,9 M €↑
2018
Annual accounts 2018-6,4 M €↓
2017
Annual accounts 201711,8 M €↑
2016
Annual accounts 2016-1,1 M €↓
2015
Annual accounts 2015612,4 k €↑
2014
Annual accounts 2014-318,3 k €↓
2013
Annual accounts 20131,9 M €↑
2012
Annual accounts 20121,1 M €↑
2011
Annual accounts 2011-2,5 M €↓
2010
Annual accounts 20101,9 M €↓
2009
Annual accounts 20093,1 M €↑
2008
Annual accounts 2008-5,1 M €
03/08/1922
IncorporationNon-profit organization

Mercurian

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