ACTIVE

Institut Catholique des Hautes Etudes Commerciales

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Financial year 2025 · Closed on 30/06/2025

Net result168,1 k €-48,4 %over 1 year
Revenue3,7 M €-1,1 %over 1 year
Equity3,6 M €+5,0 %over 1 year
Workforce21,2 ETP-5,4 %over 1 year

Identity

Source · BCE/KBO

Institut Catholique des Hautes Etudes Commerciales is a Non-profit organization incorporated in 1955. Its main activity is: Investigation activities. Its registered office is in Woluwe-Saint-Pierre. It employs on average 21,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0409.842.420
Incorporation
13/08/1955
Legal form
Non-profit organization
Registered office
Boulevard Brand Whitlock 2
1150 Woluwe-Saint-Pierre · BruxellesSee on map
Latest accounts
30/06/2025
Average workforce
21,2 ETP
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 14 financial years

20252024202320222021
Income statement
Revenue3,7 M €3,8 M €3,6 M €3,5 M €3,4 M €
EBITDA838,7 k €1 M €911,4 k €1,1 M €1 M €
Operating result284,2 k €453,6 k €365 k €519,9 k €446,9 k €
Net result168,1 k €325,9 k €233,5 k €402,1 k €306 k €
Balance sheet
Equity3,6 M €3,4 M €3,1 M €2,8 M €2,4 M €
Total assets8,9 M €9,2 M €9,1 M €9,2 M €9,3 M €
Cash267 k €210,8 k €192,5 k €174,2 k €201,1 k €
Debts5,1 M €5,5 M €5,9 M €5,9 M €6,7 M €
Other
Workforce21,2 ETP22,4 ETP23,0 ETP20,7 ETP19,5 ETP

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 30/06/2025

11 active · 55 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
José FERNANDEZ
Director14/09/2024 → 14/09/2028
David STAQUET
Director01/01/2024 → 01/01/2028
Etienne DAVIGNON
Chairman of the board of directors01/01/2020 → 01/01/2028
Georges JANNES
Director01/01/2020 → 01/01/2028
Hubert LATERRE
Director01/01/2020 → 01/01/2028
Laetitia PARMENTIER
Director01/01/2020 → 01/01/2028
Marie GARCIA
Director01/01/2024 → 01/01/2028
Mathilde FOX
Director14/09/2022 → 01/01/2028
Michel DEFOURNY
Director01/01/2020 → 01/01/2028
Olivia SERVE
Director01/01/2020 → 01/01/2028
Patrick VAN VINCKENROYE
Director01/01/2020 → 01/01/2028

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Candice GUILLAUME
Director14/09/2024 → 14/09/2025
Victoria THAUVOYE
Director14/09/2024 → 14/09/2024
Jean COURTIN
Director01/01/2024 → 01/01/2028
Mara CECILIOT
Director14/09/2023 → 14/09/2024

Other companies at this address

Boulevard Brand Whitlock 2 1150 Woluwe-Saint-Pierre
CompanyCBE no.
Centre d'Etudes et de conseil d'étudiants de l'ICHEC● Active
0424.816.646
ICHEC Coopération internationale● Active
0459.218.685
Recherche et Diffusion Economiques● Active
0406.603.907
Union des etudiants de l'Institut Catholique des Hautes Etudes Commerciales● Active
0407.765.927
Young Executives for Developement● Liquidation
0445.072.919

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/12/202519/12/202419/12/202319/12/202217/01/202212/01/2021
General meeting17/12/202518/12/202414/12/202315/12/202216/12/202117/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202517/12/202518/12/2025FrenchPDF
Abridged model30/06/202418/12/202419/12/2024FrenchPDF
Abridged model30/06/202314/12/202319/12/2023FrenchPDF
Abridged model30/06/202215/12/202219/12/2022FrenchPDF
Abridged model30/06/202116/12/202117/01/2022FrenchPDF
Abridged model30/06/202017/12/202012/01/2021FrenchPDF
Abridged model30/06/201919/12/201920/12/2019FrenchPDF
Abridged model30/06/201818/12/201819/12/2018FrenchPDF
Abridged model30/06/201713/12/201719/12/2017FrenchPDF
Abridged model30/06/201614/12/201615/12/2016FrenchPDF
Abridged model30/06/201514/12/201516/12/2015FrenchPDF
Abridged model30/06/201401/12/201418/12/2014FrenchPDF
Abridged model31/12/201211/06/201317/06/2013FrenchPDF
Abridged model31/12/201112/06/201215/06/2012FrenchPDF
Abridged model31/12/201008/06/201117/08/2011FrenchPDF
Abridged model31/12/200914/06/201007/07/2010FrenchPDF
Abridged model31/12/200806/07/200909/07/2009FrenchPDF
Abridged model31/12/200717/06/200811/07/2008FrenchPDF
Abridged model31/12/200603/07/200713/07/2007FrenchPDF

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 30/06/2025

11 active · 55 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
José FERNANDEZ
Director14/09/2024 → 14/09/2028
David STAQUET
Director01/01/2024 → 01/01/2028
Etienne DAVIGNON
Chairman of the board of directors01/01/2020 → 01/01/2028
Georges JANNES
Director01/01/2020 → 01/01/2028
Hubert LATERRE
Director01/01/2020 → 01/01/2028
Laetitia PARMENTIER
Director01/01/2020 → 01/01/2028
Marie GARCIA
Director01/01/2024 → 01/01/2028
Mathilde FOX
Director14/09/2022 → 01/01/2028
Michel DEFOURNY
Director01/01/2020 → 01/01/2028
Olivia SERVE
Director01/01/2020 → 01/01/2028
Patrick VAN VINCKENROYE
Director01/01/2020 → 01/01/2028

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Candice GUILLAUME
Director14/09/2024 → 14/09/2025
Victoria THAUVOYE
Director14/09/2024 → 14/09/2024
Jean COURTIN
Director01/01/2024 → 01/01/2028
Mara CECILIOT
Director14/09/2023 → 14/09/2024

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/03/2024
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates31/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/12/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/03/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/05/2020
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates21/03/2017
    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
Incorporation1955
Name
Registered office
Annual accounts
Filings14 filings
Mandates
José FERNANDEZ
Georges JANNES
Laetitia PARMENTIER
Marie GARCIA
Mathilde FOX
David STAQUET
Patrick VAN VINCKENROYE
Hubert LATERRE
Etienne DAVIGNON
Olivia SERVE
Michel DEFOURNY
Candice GUILLAUME
and 17 more mandates
196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028
Institut Catholique des Hautes Etudes Commerciales
Boulevard Brand Whitlock 2, 1150 Woluwe-Saint-Pierre
Director
Director
Director
Director
Director
Director
Director
Director
Chairman of the board of directors
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Boulevard Brand Whitlock 2, 1150 Woluwe-Saint-PierreCurrent
accounts 2022 → 2025
Accounts 2025 · 2025-00586004

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Institut Catholique des Hautes Etudes CommercialesCurrent
accounts 2022 → 2025
Accounts 2025 · 2025-00586004

Events

  1. 2025
    Annual accounts 2025168,1 k €↓
  2. 2024
    Annual accounts 2024325,9 k €↑
  3. 2023
    Annual accounts 2023233,5 k €↓
  4. 2022
    Annual accounts 2022402,1 k €↑
  5. 2021
    Annual accounts 2021306 k €↑
  6. 2019
    Annual accounts 201957,4 k €↓
  7. 2018
    Annual accounts 2018102,6 k €↑
  8. 2017
    Annual accounts 2017-104,4 k €↑
  9. 2016
    Annual accounts 2016-204,1 k €↑
  10. 2015
    Annual accounts 2015-385,4 k €↓
  11. 2014
    Annual accounts 2014-177,5 k €↑
  12. 2011
    Annual accounts 2011-247,6 k €↓
  13. 2009
    Annual accounts 2009484 k €↑
  14. 2008
    Annual accounts 2008139,3 k €
  15. 13/08/1955
    IncorporationNon-profit organization