Académie de Musique Grétry
0409.723.545 · rovalta.com · 27/09/2026
ACTIVE
Académie de Musique Grétry
Financial year 2025 · Closed on 31/12/2025
Net result-44,1 k €-1 801,5 %over 1 year
Gross margin256,8 k €+2,5 %over 1 year
Equity1,4 M €-8,8 %over 1 year
Overview
Identity
Source · BCE/KBOAcadémie de Musique Grétry is a Non-profit organization incorporated in 1931. Its main activity is: Security and investigation activities. Its registered office is in Liège.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0409.723.545
- Incorporation
- 28/03/1931
- Legal form
- Non-profit organization
- Registered office
- Place des Arts 2
4020 Liège · WallonieSee on map - Latest accounts
- 31/12/2025
Activities (NACE)
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 15 filingsTrend over 7 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 256,8 k € | +2.5% | 250,4 k € | -3.9% | 260,5 k € | +12.1% | 232,4 k € | -16.2% | 277,4 k € |
| EBITDA | 36,6 k € | -58.2% | 87,7 k € | +165% | 33,1 k € | -69.3% | 107,7 k € | +237% | -78,8 k € |
| Operating result | -140,7 k € | -57.9% | -89,1 k € | +17.1% | -107,5 k € | -6.2% | -101,3 k € | +58.6% | -244,3 k € |
| Net result | -44,1 k € | -1802% | -2,3 k € | +85.6% | -16,2 k € | -40.9% | -11,5 k € | +93.3% | -172,1 k € |
| Balance sheet | |||||||||
| Equity | 1,4 M € | -8.8% | 1,6 M € | -5.7% | 1,7 M € | -6.6% | 1,8 M € | -1.3% | 1,8 M € |
| Total assets | 2,6 M € | -8.1% | 2,8 M € | -7.5% | 3 M € | -6.5% | 3,2 M € | +1.3% | 3,2 M € |
| Cash | 204,7 k € | +20.9% | 169,3 k € | -39.6% | 280,2 k € | -20.0% | 350,3 k € | -3.2% | 361,9 k € |
| Debts | 1 M € | -4.6% | 1,1 M € | -4.6% | 1,1 M € | -8.2% | 1,2 M € | +16.7% | 1,1 M € |
| Other | |||||||||
| Workforce | – | – | – | – | 3,4 ETP | ||||
Valuation
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/202512 active · 28 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Alain CHARLIER | Director | 000 | |
André BREVERS | Director | ||
Benoit ROSSIUS | Director | ||
Christian VAILLANT | Director | ||
Guy WALHIN | Director | ||
Henri SPRUYT | Director | 00 | |
Marie MARCHAND | Director | ||
Nicole GERARD | Director | ||
Patrick DELCOUR | Director | ||
Philippe SACRE | Director | 000 | |
Pierre MAES | Director | 00 | |
Sylvie VETCOUR | Director |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Alain Heusicom | Mandate | ||
Alain Heusicom | Director | ||
Alain Taillard | Mandate | ||
Alain Taillard | Director |
Financials
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 | 22/04/2026 | 17/06/2025 | 31/05/2024 | 23/05/2023 | 20/05/2022 | 21/06/2021 |
| General meeting | 21/03/2026 | 26/04/2025 | 20/04/2024 | 01/04/2023 | 19/03/2022 | 12/06/2021 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 15 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 21/03/2026 | 22/04/2026 | French | |
| Abridged model | 31/12/2024 | 26/04/2025 | 17/06/2025 | French | |
| Abridged model | 31/12/2023 | 20/04/2024 | 31/05/2024 | French | |
| Abridged model | 31/12/2022 | 01/04/2023 | 23/05/2023 | French | |
| Abridged model | 31/12/2021 | 19/03/2022 | 20/05/2022 | French | |
| Abridged model | 31/12/2020 | 12/06/2021 | 21/06/2021 | French | |
| Abridged model | 31/12/2019 | 31/08/2020 | 04/09/2020 | French | |
| Full model | 31/12/2018 | 28/04/2019 | 08/05/2019 | French | |
| Full modelCorrection | 31/12/2017 | 28/04/2018 | 18/10/2018 | French | |
| Full model | 31/12/2017 | 28/04/2018 | 27/06/2018 | French | |
| Abridged model | 31/12/2016 | 25/03/2017 | 11/05/2017 | French | |
| Abridged model | 31/12/2015 | 12/03/2016 | 26/04/2016 | French | |
| Abridged modelCorrection | 31/12/2014 | 21/03/2015 | 25/04/2016 | French | |
| Abridged model | 31/12/2014 | 21/03/2015 | 27/04/2015 | French | |
| Abridged model | 31/12/2013 | 22/03/2014 | 02/07/2014 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/202512 active · 28 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Alain CHARLIER | Director | 000 | |
André BREVERS | Director | ||
Benoit ROSSIUS | Director | ||
Christian VAILLANT | Director | ||
Guy WALHIN | Director | ||
Henri SPRUYT | Director | 00 | |
Marie MARCHAND | Director | ||
Nicole GERARD | Director | ||
Patrick DELCOUR | Director | ||
Philippe SACRE | Director | 000 | |
Pierre MAES | Director | 00 | |
Sylvie VETCOUR | Director |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Alain Heusicom | Mandate | ||
Alain Heusicom | Director | ||
Alain Taillard | Mandate | ||
Alain Taillard | Director |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates02/07/2026DEMISSIONS, NOMINATIONS
- Other25/10/2024STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates01/07/2024SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
- Other07/06/2023STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates15/06/2022DEMISSIONS, NOMINATIONS
- Mandates12/07/2021DEMISSIONS, NOMINATIONS
- Mandates22/09/2020DEMISSIONS, NOMINATIONS
- Mandates13/07/2018DEMISSIONS, NOMINATIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-44,1 k €↓
- 2024Annual accounts 2024-2,3 k €↑
- 2023Annual accounts 2023-16,2 k €↓
- 2022Annual accounts 2022-11,5 k €↑
- 2022Name changeACADEMIE DE MUSIQUE GRETR
- 2021Annual accounts 2021-172,1 k €↓
- 2020Annual accounts 202016,7 k €↓
- 2019Annual accounts 201940,4 k €
- 28/03/1931IncorporationNon-profit organization
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Place des Arts 2, 4020 Liège-4020Current | accounts 2024 → 2025 · CBE, tracked since 27/09/2026 | Accounts 2025 · 2026-00084885 |
| BD DE LA CONSTITUTION 81, 4020 Liège-4020 | accounts 2022 → 2023 | Accounts 2023 · 2024-00103093 |
| Bld de la Constitution 81, 4020 Liège-4020 | accounts 2021 | Accounts 2021 · 2022-20034457 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| Académie de Musique GrétryCurrent | CBE, tracked since 27/09/2026 | CBE |
| ACADEMIE DE MUSIQUE GRETR | accounts 2022 → 2025 | Accounts 2025 · 2026-00084885 |
| Académie de Musique Grétry | accounts 2021 | Accounts 2021 · 2022-20034457 |
Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.