ACTIVE

FORM'ACTION ANDRE RENARD

Financial year 2025 · closed on 31/12/2025
Net result
66,1 k €
+0.7% YoY
Revenue
159,7 k €
-7.0% YoY
Equity
152,5 k €
+71.6% YoY
Workforce
11,4 ETP
0.0% YoY

What does FORM'ACTION ANDRE RENARD do?

FORM'ACTION ANDRE RENARD is a Non-profit organization incorporated in 1963. Its main activity is: Security and investigation activities. Its registered office is in Liège. It employs on average 11,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0410.565.267
Incorporation
18/07/1963
Legal form
Non-profit organization
Registered office
Place Saint-Paul 9 box 11
4000 Liège · WallonieSee on map
Latest accounts
31/12/2025
Average workforce
11,4 ETP
Joint committees (1)
  • 32902
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue159,7 k €171,6 k €142,6 k €94,2 k €31,3 k €17,3 k €12,8 k €193,3 k €189,1 k €
EBITDA77,8 k €75,1 k €44,2 k €115,1 k €107,2 k €63,3 k €20,7 k €21,1 k €-254,8 k €-49 k €-114,6 k €-136,3 k €-136,7 k €-188,1 k €-131,5 k €-106,9 k €-194,3 k €-550 k €-175,6 k €
Operating result58,4 k €54,2 k €17,2 k €96,6 k €88,6 k €39,3 k €-6,2 k €-3 k €-263,7 k €-64,8 k €-121,1 k €-151,9 k €-162,1 k €-213,7 k €-149,5 k €-122,3 k €-221,1 k €-576 k €-199,4 k €
Net result66,1 k €65,6 k €23 k €97,5 k €91 k €41,7 k €-3,6 k €80,8 €-188,6 k €-45,1 k €1,9 M €-152 k €-162,3 k €-214,1 k €-149,7 k €-122,5 k €-221,3 k €-581 k €32,5 k €
Balance sheet
Equity152,5 k €88,9 k €25,7 k €5,1 k €-89,6 k €-178,1 k €-217,3 k €-211,1 k €-233,7 k €-45,1 k €-1,9 M €-1,8 M €-1,6 M €-1,4 M €-1,2 M €-1,1 M €-883,4 k €-302,4 k €
Total assets581,4 k €571,3 k €573,4 k €602,3 k €589,9 k €593,2 k €752,6 k €978,8 k €1,1 M €1,3 M €1,5 M €307,7 k €333,3 k €375,1 k €451,5 k €414,6 k €521 k €780,5 k €470,2 k €
Cash520,2 k €322,9 k €334,7 k €309,8 k €167,1 k €65 k €100,8 k €80,6 k €137,6 k €127,3 k €61,9 k €86,1 k €46,1 k €57 k €59,9 k €36,9 k €62,8 k €77,6 k €112,1 k €
Debts420,2 k €423,9 k €441,4 k €409,7 k €403,6 k €402,2 k €474,9 k €478,3 k €342,8 k €206,7 k €231,3 k €2,2 M €2,1 M €1,9 M €1,8 M €1,6 M €1,3 M €958,6 k €766,7 k €
Other
Workforce11,4 ETP11,4 ETP11,0 ETP9,9 ETP9,5 ETP11,0 ETP10,8 ETP9,7 ETP10,3 ETP10,1 ETP12,4 ETP13,3 ETP14,4 ETP14,8 ETP13,5 ETP14,2 ETP13,5 ETP15,5 ETP16,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 27 active · 63 ended

Active mandates

Zoé RONGE

Director · since 27 juin 2025

Active
Benjamin FABRY

Director · since 12 février 2025

Active
Fabrice JACQUEMART

Director · since 12 février 2025

Active
Frédéric TIHON

Délégué à la gestion journalière · since 12 février 2025

Active
Jean SCHIFANO

Director · since 12 février 2025

Active
Johnny COIN

Director · since 12 février 2025

Active
Patrick BREUWER

Director · since 12 février 2025

Active
Alain BRIQUET

Director · since 26 juin 2024 · until 12 février 2025

Active
Emeline DE PAUW

Director · since 14 juin 2023

Active
Joachim SCHNEIDER

Director · since 14 juin 2023

Active
Catherine GHAYE

Director · since 28 juin 2022

Active
Philippe BORDIGNON

Director · since 28 juin 2022 · until 27 juin 2025

Active
Rosario MARMOL-PEREZ

Director · since 28 juin 2022

Active
Eric DUCHESNE

Director · since 09 juin 2021

Active
Jean-Luc LALLEMAND

Director · since 24 juin 2020

Active
Patrick LEBRUN

Director · since 24 juin 2020

Active
Patrick MASSON

Director · since 24 juin 2020

Active
Patrick MOENS

Director · since 24 juin 2020 · until 12 février 2025

Active
Thierry GRIGNARD

Director · since 25 juin 2019 · until 12 février 2025

Active
Thomas DI PANFILO

Director · since 25 juin 2019

Active
Daniel MARATTA

Director · since 08 mai 2017 · until 12 février 2025

Active
Françoise BERNARD

Director · since 02 juin 2016

Active
JOEL THONE

Director · since 02 juin 2016

Active
Marc VREULS

Director · since 02 juin 2016 · until 12 février 2025

Active
Marie-Kristine VANBOCKESTAL

Director · since 02 juin 2016

Active
MINERVINA BAYON

Director · since 02 juin 2016

Active
Stéphane BREDA

Chairman of the board of directors · since 10 mai 2010

Active

Ended mandates

Alain BRIQUET

Director · since 26 juin 2024

Ended
Philippe BORDIGNON

Director · since 28 juin 2022

Ended
Fabrice JACQUEMART

Managing director · since 01 octobre 2020

Ended
Anne-Françoise ENSAY

Director · since 24 juin 2020

Ended
At this address

Other companies at this address

CompanyCBE no.
0850.052.372
0945.130.881
0881.200.062
JEVALENZ IMMOActive
0685.867.994
LA CIBLEActive
0869.907.975
0458.872.752
0785.604.285
Le SoutienLiquidation
0409.422.845
SOFITRAActive
0473.573.794
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/07/202618/07/202515/07/202415/06/202305/07/202210/11/2021
General meeting26/06/202627/06/202528/06/202414/06/202328/06/202209/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202628/07/2026FrenchPDF
Abridged model31/12/202427/06/202518/07/2025FrenchPDF
Abridged model31/12/202328/06/202415/07/2024FrenchPDF
Abridged model31/12/202214/06/202315/06/2023FrenchPDF
Abridged model31/12/202128/06/202205/07/2022FrenchPDF
Abridged modelCorrection31/12/202009/06/202110/11/2021FrenchPDF
Abridged model31/12/202009/06/202116/06/2021FrenchPDF
Abridged model31/12/201924/06/202009/07/2020FrenchPDF
Abridged model31/12/201825/06/201926/06/2019FrenchPDF
Abridged model31/12/201714/05/201808/06/2018FrenchPDF
Abridged model31/12/201608/05/201710/05/2017FrenchPDF
Abridged model31/12/201502/06/201607/06/2016FrenchPDF
Abridged model31/12/201411/05/201513/05/2015FrenchPDF
Abridged model31/12/201312/05/201412/05/2014FrenchPDF
Abridged model31/12/201213/05/201315/05/2013FrenchPDF
Abridged model31/12/201114/05/201215/05/2012FrenchPDF
Abridged model31/12/201009/05/201123/05/2011FrenchPDF
Abridged model31/12/200910/05/201011/05/2010FrenchPDF
Abridged model31/12/200811/05/200912/05/2009FrenchPDF
Abridged model31/12/200709/05/200822/05/2008FrenchPDF
Abridged model31/12/200614/05/200723/05/2007FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 27 active · 63 ended

Active mandates

Zoé RONGE

Director · since 27 juin 2025

Active
Benjamin FABRY

Director · since 12 février 2025

Active
Fabrice JACQUEMART

Director · since 12 février 2025

Active
Frédéric TIHON

Délégué à la gestion journalière · since 12 février 2025

Active
Jean SCHIFANO

Director · since 12 février 2025

Active
Johnny COIN

Director · since 12 février 2025

Active
Patrick BREUWER

Director · since 12 février 2025

Active
Alain BRIQUET

Director · since 26 juin 2024 · until 12 février 2025

Active
Emeline DE PAUW

Director · since 14 juin 2023

Active
Joachim SCHNEIDER

Director · since 14 juin 2023

Active
Catherine GHAYE

Director · since 28 juin 2022

Active
Philippe BORDIGNON

Director · since 28 juin 2022 · until 27 juin 2025

Active
Rosario MARMOL-PEREZ

Director · since 28 juin 2022

Active
Eric DUCHESNE

Director · since 09 juin 2021

Active
Jean-Luc LALLEMAND

Director · since 24 juin 2020

Active
Patrick LEBRUN

Director · since 24 juin 2020

Active
Patrick MASSON

Director · since 24 juin 2020

Active
Patrick MOENS

Director · since 24 juin 2020 · until 12 février 2025

Active
Thierry GRIGNARD

Director · since 25 juin 2019 · until 12 février 2025

Active
Thomas DI PANFILO

Director · since 25 juin 2019

Active
Daniel MARATTA

Director · since 08 mai 2017 · until 12 février 2025

Active
Françoise BERNARD

Director · since 02 juin 2016

Active
JOEL THONE

Director · since 02 juin 2016

Active
Marc VREULS

Director · since 02 juin 2016 · until 12 février 2025

Active
Marie-Kristine VANBOCKESTAL

Director · since 02 juin 2016

Active
MINERVINA BAYON

Director · since 02 juin 2016

Active
Stéphane BREDA

Chairman of the board of directors · since 10 mai 2010

Active

Ended mandates

Alain BRIQUET

Director · since 26 juin 2024

Ended
Philippe BORDIGNON

Director · since 28 juin 2022

Ended
Fabrice JACQUEMART

Managing director · since 01 octobre 2020

Ended
Anne-Françoise ENSAY

Director · since 24 juin 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office04/03/2024
    SIEGE SOCIAL - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates10/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/10/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/02/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/09/2021
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202566,1 k €
  2. 2024
    Annual accounts 202465,6 k €
  3. 2023
    Annual accounts 202323 k €
  4. 2022
    Annual accounts 202297,5 k €
  5. 2021
    Annual accounts 202191 k €
  6. 2020
    Annual accounts 202041,7 k €
  7. 2019
    Annual accounts 2019-3,6 k €
  8. 2018
    Annual accounts 201880,8 €
  9. 2017
    Annual accounts 2017-188,6 k €
  10. 2016
    Annual accounts 2016-45,1 k €
  11. 2015
    Annual accounts 20151,9 M €
  12. 2014
    Annual accounts 2014-152 k €
  13. 2013
    Annual accounts 2013-162,3 k €
  14. 2012
    Annual accounts 2012-214,1 k €
  15. 2011
    Annual accounts 2011-149,7 k €
  16. 2010
    Annual accounts 2010-122,5 k €
  17. 2009
    Annual accounts 2009-221,3 k €
  18. 2008
    Annual accounts 2008-581 k €
  19. 2007
    Annual accounts 200732,5 k €
  20. 18/07/1963
    IncorporationNon-profit organization