ACTIVE

Institut national de Radioélectricité et de Cinématographie - Nationaal Radio en Filmtechnisch Instituut

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Financial year 2025 · Closed on 31/12/2025

Net result-416,9 k €-202,3 %over 1 year

Gross margin-319 k €-748,9 %over 1 year

Equity1,5 M €-21,6 %over 1 year

Workforce1,2 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

Institut national de Radioélectricité et de Cinématographie - Nationaal Radio en Filmtechnisch Instituut is a Non-profit organization incorporated in 1939. Its main activity is: General secondary education. Its registered office is in Forest. It employs on average 1,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0409.848.952
Incorporation: 04/08/1939
Legal form: Non-profit organization
Registered office: Av Victor Rousseau 75
1190 Forest · BruxellesSee on map
Latest accounts: 31/12/2025
Average workforce: 1,2 ETP

Activities (NACE)

85314General secondary education· main 85314General secondary education

Joint committees (2)

Signals

Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 7 filings

Trend over 7 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-319 k €	-749%	-37,6 k €	-291%	19,7 k €	-2.5%	20,2 k €	-78.8%	95,1 k €
EBITDA	-426,9 k €	-200%	-142,2 k €	-53.1%	-92,9 k €	-34.0%	-69,3 k €	-428%	21,1 k €
Operating result	-439,5 k €	-184%	-154,8 k €	-9.1%	-141,8 k €	-90.9%	-74,3 k €	-7316%	-1 k €
Net result	-416,9 k €	-202%	-137,9 k €	-4.4%	-132,1 k €	-38.9%	-95,1 k €	-2632%	3,8 k €
Balance sheet
Equity	1,5 M €	-21.6%	1,9 M €	-6.7%	2,1 M €	-6.0%	2,2 M €	-4.2%	2,3 M €
Total assets	1,5 M €	-20.5%	1,9 M €	-7.3%	2,1 M €	-5.1%	2,2 M €	-3.9%	2,3 M €
Debts	34,7 k €	+106%	16,9 k €	-48.0%	32,5 k €	+138%	13,7 k €	+61.4%	8,5 k €
Other
Workforce	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Els BERLENGEE	Director11/12/2025 → 11/12/2029
Alain QUATEAU	Vice-chairman of the board of directors25/06/2020 → 14/12/2027Director29/04/2016 → 13/12/2023ended
Annie SALENS	Director13/12/2019 → 14/12/2027
Eddy GORAY	Director13/12/2019 → 14/12/2027
Geert DE VOS	Director13/12/2019 → 14/12/2027
Nikolas CLADAKIS	Director09/12/2021 → 14/12/2027
Stéphan DE LIL	Chairman of the board of directors13/12/2019 → 14/12/2027Vice-chairman of the board of directors13/12/2019 → 13/12/2023ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Etienne COPPIN	Director13/12/2019 → 13/12/2023
Freddy HERNIE	Director13/12/2019 → 13/12/2023

Other companies at this address

Av Victor Rousseau 75 1190 Forest

Company	CBE no.
INSTITUT DE RADIOELECTRICITE ET DE CINEMATOGRAPHIE● Active	0450.253.412

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	14/09/2026	26/08/2025	24/07/2024	26/09/2023	27/06/2022	28/05/2021
General meeting	21/04/2026	24/04/2025	16/04/2024	22/03/2023	14/03/2022	16/03/2021
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, 7 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	21/04/2026	14/09/2026	French	PDF
Abridged model	31/12/2024	24/04/2025	26/08/2025	French	PDF
Abridged model	31/12/2023	16/04/2024	24/07/2024	French	PDF
Abridged model	31/12/2022	22/03/2023	26/09/2023	French	PDF
Abridged model	31/12/2021	14/03/2022	27/06/2022	French	PDF
Abridged model	31/12/2020	16/03/2021	28/05/2021	French	PDF
Abridged model	31/12/2019	25/06/2020	10/11/2020	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025

7 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Els BERLENGEE	Director11/12/2025 → 11/12/2029
Alain QUATEAU	Vice-chairman of the board of directors25/06/2020 → 14/12/2027Director29/04/2016 → 13/12/2023ended
Annie SALENS	Director13/12/2019 → 14/12/2027
Eddy GORAY	Director13/12/2019 → 14/12/2027
Geert DE VOS	Director13/12/2019 → 14/12/2027
Nikolas CLADAKIS	Director09/12/2021 → 14/12/2027
Stéphan DE LIL	Chairman of the board of directors13/12/2019 → 14/12/2027Vice-chairman of the board of directors13/12/2019 → 13/12/2023ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Etienne COPPIN	Director13/12/2019 → 13/12/2023
Freddy HERNIE	Director13/12/2019 → 13/12/2023

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates12/03/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates12/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/03/2024
DEMISSIONS, NOMINATIONS
PDF
Other28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other28/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates17/05/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates17/05/2022
ONTSLAGEN - BENOEMINGEN
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

Incorporation1939

Name

Registered office

Annual accounts

Filings7 filings

Mandates

Els BERLENGEE

Stéphan DE LIL

Geert DE VOS

Nikolas CLADAKIS

Alain QUATEAU

Annie SALENS

Eddy GORAY

Paul (Willy) MARIËN

Etienne COPPIN

Freddy HERNIE

Paul MARIËN

Jacques BIERLAIRE

and 2 more mandates

1966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

INSTITUT NATIONAL DE RADIOELECTRICITE ET DE CINEMATOGRAPHIE (COUPOLE)

Av Victor Rousseau 75, 1190 Forest

Director

Chairman of the board of directorsVice-chairman of the board of directors

Director

Vice-chairman of the board of directorsDirector

Director

Chairman of the board of directors

Director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Av Victor Rousseau 75, 1190 ForestCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00516758

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Institut national de Radioélectricité et de Cinématographie - Nationaal Radio en Filmtechnisch InstituutCurrent		CBE
INSTITUT NATIONAL DE RADIOELECTRICITE ET DE CINEMATOGRAPHIE (COUPOLE)	accounts 2022 → 2025	Accounts 2025 · 2026-00516758
INSTITUT NATIONAL DE RADIOELECTRICITE ET DE CINEMATOGRAPHIE	accounts 2021	Accounts 2021 · 2022-20103315

Events

2025
Annual accounts 2025-416,9 k €↓
2024
Annual accounts 2024-137,9 k €↓
2023
Annual accounts 2023-132,1 k €↓
2022
Annual accounts 2022-95,1 k €↓
2022
Name changeINSTITUT NATIONAL DE RADIOELECTRICITE ET DE CINEMATOGRAPHIE (COUPOLE)
2021
Annual accounts 20213,8 k €↓
2020
Annual accounts 202083,3 k €↑
2019
Annual accounts 20191,9 k €
04/08/1939
IncorporationNon-profit organization

Institut national de Radioélectricité et de Cinématographie - Nationaal Radio en Filmtechnisch Instituut

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

Registered offices

Company names

Events