ACTIVE

Institut de Formation de cadres pour le Développement - Instituut voor Kadervorming ten Behoeve van de Ontwikkeling

Financial year 2025 · Closed on 31/08/2025

Net result82,9 k €+1 297,6 %over 1 year

Gross margin1,3 M €+6,2 %over 1 year

Equity582,7 k €+16,4 %over 1 year

Identity

Source · BCE/KBO

Institut de Formation de cadres pour le Développement - Instituut voor Kadervorming ten Behoeve van de Ontwikkeling is a Non-profit organization incorporated in 1965. Its main activity is: Other education n.e.c.. Its registered office is in Ixelles.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0409.844.992
Incorporation: 01/12/1965
Legal form: Non-profit organization
Registered office: Avenue Legrand 57-59
1050 Ixelles · BruxellesSee on map
Latest accounts: 31/08/2025

Activities (NACE)

85592Other education n.e.c.· main 85592Other education n.e.c.

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,3 M €	+6.2%	1,2 M €	+4.0%	1,2 M €	+8.2%	1,1 M €	-10.5%	1,2 M €
EBITDA	96,5 k €	+1258%	7,1 k €	-88.7%	62,7 k €	+162%	-100,5 k €	-92.5%	-52,2 k €
Operating result	80 k €	+1076%	-8,2 k €	-117%	48,2 k €	+141%	-116,1 k €	-117%	-53,5 k €
Net result	82,9 k €	+1298%	-6,9 k €	-114%	48,4 k €	+142%	-115,8 k €	+19.2%	-143,3 k €
Balance sheet
Equity	582,7 k €	+16.4%	500,4 k €	-1.5%	508,1 k €	+10.4%	460,4 k €	-20.2%	577,3 k €
Total assets	1,3 M €	+17.5%	1,1 M €	+4.7%	1,1 M €	+6.5%	1 M €	-1.7%	1 M €
Cash	917,8 k €	+26.7%	724,3 k €	+7.9%	671,2 k €	+8.8%	616,8 k €	-1.2%	624,2 k €
Debts	721,1 k €	+18.8%	606,8 k €	+12.7%	538,4 k €	+0.4%	536,5 k €	+20.7%	444,4 k €
Other
Workforce	–		–		–		–		2,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/08/2025

6 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ADALBERT MULUMBA	Director25/02/2015 → 31/10/2027
Bernard CLARINVAL	Chairman of the board of directors19/11/2003 → 31/10/2027
Cedric DARTOIS	Director01/11/2021 → 31/10/2027
Jean-Francois GOOSSE	Director19/11/2003 → 31/10/2027
Michel LEGRAND	Managing director19/11/2003 → 31/10/2027
Muriel VANDERBEEK	Director01/11/2021 → 31/10/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Elie GRANIER	Director01/11/2009 → 31/10/2021
Jean-Luc DUTORDOIT	Director20/02/2013 → 31/10/2015
Annie STUYCK	Director19/11/2003 → 18/11/2009

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/09/2024	01/09/2023	01/09/2022	01/09/2021	01/09/2020	01/09/2019
Closing of the financial year	31/08/2025	31/08/2024	31/08/2023	31/08/2022	31/08/2021	31/08/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/02/2026	24/02/2025	29/02/2024	24/03/2023	09/06/2022	26/04/2021
General meeting	18/02/2026	19/02/2025	28/02/2024	22/03/2023	08/06/2022	21/04/2021
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

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/08/2025	18/02/2026	23/02/2026	French	PDF
Micro model	31/08/2024	19/02/2025	24/02/2025	French	PDF
Micro model	31/08/2023	28/02/2024	29/02/2024	French	PDF
Micro model	31/08/2022	22/03/2023	24/03/2023	French	PDF
Abridged model	31/08/2021	08/06/2022	09/06/2022	French	PDF
Abridged model	31/08/2020	21/04/2021	26/04/2021	French	PDF
Abridged model	31/08/2019	12/02/2020	28/02/2020	French	PDF
Abridged model	31/08/2018	27/02/2019	05/03/2019	French	PDF
Abridged model	31/08/2017	17/01/2018	23/01/2018	French	PDF
Abridged model	31/08/2016	22/02/2017	24/02/2017	French	PDF
Abridged model	31/08/2015	24/02/2016	11/03/2016	French	PDF
Abridged model	31/08/2014	19/02/2015	06/03/2015	French	PDF
Abridged model	31/08/2013	20/02/2014	03/03/2014	French	PDF
Abridged model	31/08/2012	20/02/2013	20/02/2013	French	PDF
Abridged model	31/08/2011	14/12/2011	04/06/2012	French	PDF
Abridged model	31/08/2010	16/12/2010	05/01/2011	French	PDF
Abridged model	31/08/2009	25/02/2010	12/03/2010	French	PDF
Abridged model	31/08/2008	17/02/2009	18/06/2009	French	PDF
Abridged model	31/08/2007	20/06/2008	20/06/2008	French	PDF
Abridged model	31/08/2006	27/02/2007	16/03/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/08/2025

6 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ADALBERT MULUMBA	Director25/02/2015 → 31/10/2027
Bernard CLARINVAL	Chairman of the board of directors19/11/2003 → 31/10/2027
Cedric DARTOIS	Director01/11/2021 → 31/10/2027
Jean-Francois GOOSSE	Director19/11/2003 → 31/10/2027
Michel LEGRAND	Managing director19/11/2003 → 31/10/2027
Muriel VANDERBEEK	Director01/11/2021 → 31/10/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Elie GRANIER	Director01/11/2009 → 31/10/2021
Jean-Luc DUTORDOIT	Director20/02/2013 → 31/10/2015
Annie STUYCK	Director19/11/2003 → 18/11/2009

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Other06/09/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates14/10/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates31/01/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates18/03/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates30/06/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates20/03/2013
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates26/08/2010
DEMISSIONS, NOMINATIONS
PDF
Mandates26/10/2004
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

Incorporation1965

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Muriel VANDERBEEK

Jean-Francois GOOSSE

Bernard CLARINVAL

Cedric DARTOIS

ADALBERT MULUMBA

Michel LEGRAND

Elie GRANIER

Jean-Luc DUTORDOIT

Annie STUYCK (PARENT)

Annie STUYCK

19661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027

Institut de Formation de cadres pour le Développement - Instituut voor Kadervorming ten Behoeve van de Ontwikkeling

Avenue Legrand 57-59, 1050 Ixelles

Director

Chairman of the board of directors

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue Legrand 57-59, 1050 IxellesCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00041773

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Institut de Formation de cadres pour le Développement - Instituut voor Kadervorming ten Behoeve van de OntwikkelingCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00041773

Events

2025
Annual accounts 202582,9 k €↑
2024
Annual accounts 2024-6,9 k €↓
2023
Annual accounts 202348,4 k €↑
2022
Annual accounts 2022-115,8 k €↑
2021
Annual accounts 2021-143,3 k €↓
2020
Annual accounts 202021,3 k €↓
2019
Annual accounts 2019109,7 k €↑
2018
Annual accounts 201855,9 k €↓
2017
Annual accounts 201775,6 k €↑
2016
Annual accounts 2016-18,6 k €↓
2015
Annual accounts 20153,2 k €↑
2014
Annual accounts 2014-21 k €↑
2013
Annual accounts 2013-36,1 k €↓
2012
Annual accounts 201216,6 k €↑
2010
Annual accounts 2010-13 k €↑
2009
Annual accounts 2009-25,6 k €↑
2008
Annual accounts 2008-40,3 k €↓
2007
Annual accounts 200727 k €
01/12/1965
IncorporationNon-profit organization

Institut de Formation de cadres pour le Développement - Instituut voor Kadervorming ten Behoeve van de Ontwikkeling

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Registered offices

Company names

Events