ACTIVE

FERM THUISZORG

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Financial year 2025 · closed on 31/12/2025

Net result

1,9 M €

+9.1% YoY

Revenue

14,1 M €

+5.2% YoY

Equity

30,1 M €

+6.7% YoY

Workforce

1 359,2 ETP

+0.7% YoY

What does FERM THUISZORG do?

FERM THUISZORG is a Non-profit organization incorporated in 1959. Its main activity is: Technical and vocational secondary education. Its registered office is in Leuven. It employs on average 1 359,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0410.877.152

Incorporation

28/08/1959

Legal form

Non-profit organization

Registered office

Remylaan 4B
3018 Leuven · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

1 359,2 ETP

Activities (NACE)

85323Technical and vocational secondary education· main 88101Social work activities without accommodation for the elderly and disabled 88101Social work activities without accommodation for the elderly and disabled

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	14,1 M €	+5.2%	13,4 M €	+12.1%	11,9 M €	+20.1%	9,9 M €	+1.7%	9,8 M €	+3.0%	9,5 M €	-0.9%	9,6 M €	+6.4%	9 M €	+3.7%	8,7 M €	-1.6%	8,8 M €	+5.5%	8,3 M €	-1.2%	8,4 M €	+4.4%	8,1 M €	+2.0%	7,9 M €	+9.9%	7,2 M €	+5.3%	6,9 M €	+6.0%	6,5 M €	+12.6%	5,7 M €	+6.1%	5,4 M €
EBITDA	2,4 M €	+3.5%	2,3 M €	+51.6%	1,5 M €	+216%	479,1 k €	-58.2%	1,1 M €	-33.4%	1,7 M €	+628%	236,3 k €	+175%	-316,4 k €	-137%	855,4 k €	+21.1%	706,1 k €	-6.5%	755,3 k €	+87.3%	403,2 k €	-78.6%	1,9 M €	+75.3%	1,1 M €	+5.5%	1 M €	+20.0%	850 k €	-20.9%	1,1 M €	+27.0%	845,6 k €	-34.6%	1,3 M €
Operating result	1,2 M €	+1.4%	1,2 M €	+7352%	-16,4 k €	+98.2%	-919,5 k €	-332%	-213 k €	-121%	1 M €	+327%	-454,3 k €	+52.8%	-962,6 k €	-224%	775,7 k €	+28.1%	605,5 k €	-14.5%	708,2 k €	+102%	350,2 k €	-80.8%	1,8 M €	+82.3%	998,1 k €	+6.5%	936,8 k €	+19.9%	781,2 k €	-22.3%	1 M €	+27.0%	791,8 k €	-35.4%	1,2 M €
Net result	1,9 M €	+9.1%	1,7 M €	+2114%	77,1 k €	+109%	-892,8 k €	-570%	-133,2 k €	-113%	1 M €	+303%	-510,6 k €	+42.6%	-889,2 k €	-220%	743,4 k €	-19.0%	917,8 k €	-54.8%	2 M €	-41.8%	3,5 M €	+77.2%	2 M €	+5.0%	1,9 M €	+71.9%	1,1 M €	+25.7%	867 k €	-29.2%	1,2 M €	+10.6%	1,1 M €	-23.0%	1,4 M €
Balance sheet
Equity	30,1 M €	+6.7%	28,3 M €	+6.5%	26,5 M €	+0.3%	26,5 M €	-3.1%	27,3 M €	-0.5%	27,4 M €	+3.9%	26,4 M €	-1.9%	26,9 M €	-3.2%	27,8 M €	+2.7%	27,1 M €	+3.5%	26,1 M €	+8.4%	24,1 M €	+16.9%	20,6 M €	+10.5%	18,7 M €	+11.2%	16,8 M €	+6.9%	15,7 M €	+5.8%	14,8 M €	+9.0%	13,6 M €	+8.9%	12,5 M €
Total assets	46,7 M €	+5.1%	44,4 M €	-2.2%	45,4 M €	+5.9%	42,9 M €	+10.9%	38,7 M €	-10.4%	43,2 M €	+9.1%	39,6 M €	+0.2%	39,5 M €	-0.8%	39,8 M €	+3.0%	38,6 M €	+4.6%	37 M €	+6.4%	34,7 M €	+14.4%	30,4 M €	+4.7%	29 M €	+7.3%	27 M €	+7.5%	25,2 M €	+6.3%	23,7 M €	+10.7%	21,4 M €	+8.9%	19,6 M €
Cash	4,8 M €	+152%	1,9 M €	+1703%	106,2 k €	+108%	51 k €	-9.8%	56,6 k €	-98.0%	2,8 M €	-40.8%	4,8 M €	+21.9%	3,9 M €	+89.3%	2,1 M €	-9.8%	2,3 M €	+67.7%	1,4 M €	-52.2%	2,9 M €	-20.7%	3,6 M €	+126%	1,6 M €	+6.5%	1,5 M €	+1.4%	1,5 M €	-45.1%	2,7 M €	+170%	1 M €	-70.3%	3,4 M €
Debts	15,9 M €	+0.4%	15,8 M €	-14.9%	18,6 M €	+15.9%	16 M €	+46.6%	10,9 M €	-26.1%	14,8 M €	+24.9%	11,8 M €	+1.4%	11,7 M €	+5.8%	11 M €	+6.6%	10,4 M €	+3.1%	10 M €	+0.8%	10 M €	+5.0%	9,5 M €	+1.9%	9,3 M €	+8.1%	8,6 M €	+8.4%	8 M €	+9.4%	7,3 M €	+11.0%	6,6 M €	+3.2%	6,3 M €
Other
Workforce	1 359,2 ETP	+0.7%	1 349,8 ETP	+0.7%	1 340,1 ETP	+4.0%	1 288,5 ETP	+1.4%	1 270,5 ETP	-0.3%	1 274,8 ETP	-0.5%	1 280,7 ETP	+2.8%	1 245,4 ETP	+2.1%	1 219,5 ETP	+1.1%	1 206,5 ETP	+2.8%	1 173,4 ETP	-1.5%	1 191,7 ETP	+3.0%	1 156,7 ETP	+0.9%	1 146,8 ETP	+1.3%	1 131,6 ETP	+2.5%	1 104,4 ETP	+4.2%	1 059,7 ETP	+4.9%	1 010,5 ETP	+0.7%	1 003,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 22 ended

Active mandates

An Vrancken

Mandate

Active

Bert Meulemans

Mandate

Active

Dominica Vangool

Mandate

Active

Ellen Thielens

Mandate

Active

Frans De Wachter

Mandate

Active

GAby TROMPET

Mandate

Active

Loes Lysens

Mandate

Active

Marijke Bodvin

Mandate

Active

Marleen Vanhees

Mandate

Active

Monique Swinnen

Mandate

Active

Ended mandates

Veerle Decorte

Director · since 03 mai 2019

Ended

Christian Stivigny

Mandate · since 09 mai 2008

Ended

Anne Dedry

Mandate

Ended

Anne DEDRY

Director

Ended

At this address

Other companies at this address

Company	CBE no.
Ferm● Active	0412.935.136
FERM DIENSTENCHEQUES● Active	0893.647.835
Ferm Dienstenonderneming● Active	0460.165.723
Ferm ID● Active	0708.792.856
Immo Kwaliteitsfonds● Active	0464.813.310
Mantelzorgnetwerk● Active	0458.872.455

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	26/06/2026	30/06/2025	28/06/2024	08/09/2023	17/08/2022	25/06/2021
General meeting	23/06/2026	24/06/2025	25/06/2024	29/06/2023	17/06/2022	17/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

24 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	23/06/2026	26/06/2026	Dutch	PDF
Full model	31/12/2024	24/06/2025	30/06/2025	Dutch	PDF
Full model	31/12/2023	25/06/2024	28/06/2024	Dutch	PDF
Full modelCorrection	31/12/2022	29/06/2023	08/09/2023	Dutch	PDF
Full model	31/12/2022	29/06/2023	04/07/2023	Dutch	PDF
Full modelCorrection	31/12/2021	17/06/2022	17/08/2022	Dutch	PDF
Full model	31/12/2021	17/06/2022	27/06/2022	Dutch	PDF
Full model	31/12/2020	17/06/2021	25/06/2021	Dutch	PDF
Full model	31/12/2019	12/06/2020	25/06/2020	Dutch	PDF
Full model	31/12/2018	14/06/2019	24/06/2019	Dutch	PDF
Full model	31/12/2017	08/06/2018	22/06/2018	Dutch	PDF
Full model	31/12/2016	09/06/2017	22/06/2017	Dutch	PDF
Full model	31/12/2015	17/06/2016	29/06/2016	Dutch	PDF
Full model	31/12/2014	19/06/2015	29/06/2015	Dutch	PDF
Full model	31/12/2013	13/06/2014	03/07/2014	Dutch	PDF
Full model	31/12/2012	21/06/2013	15/07/2013	Dutch	PDF
Full model	31/12/2011	22/06/2012	02/07/2012	Dutch	PDF
Full modelCorrection	31/12/2010	24/06/2011	04/08/2011	Dutch	PDF
Full model	31/12/2010	24/06/2011	01/07/2011	Dutch	PDF
Full modelCorrection	31/12/2009	04/06/2010	05/05/2011	Dutch	PDF
Full model	31/12/2009	04/06/2010	15/06/2010	Dutch	PDF
Full model	31/12/2008	19/06/2009	07/07/2009	Dutch	PDF
Full model	31/12/2007	18/06/2008	24/06/2008	Dutch	PDF
Full model	31/12/2006	15/06/2007	28/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 10 active · 22 ended

Active mandates

An Vrancken

Mandate

Active

Bert Meulemans

Mandate

Active

Dominica Vangool

Mandate

Active

Ellen Thielens

Mandate

Active

Frans De Wachter

Mandate

Active

GAby TROMPET

Mandate

Active

Loes Lysens

Mandate

Active

Marijke Bodvin

Mandate

Active

Marleen Vanhees

Mandate

Active

Monique Swinnen

Mandate

Active

Ended mandates

Veerle Decorte

Director · since 03 mai 2019

Ended

Christian Stivigny

Mandate · since 09 mai 2008

Ended

Anne Dedry

Mandate

Ended

Anne DEDRY

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/02/2020
BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates09/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/06/2016
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 20251,9 M €↑
2024
Annual accounts 20241,7 M €↑
2023
Annual accounts 202377,1 k €↑
2022
Annual accounts 2022-892,8 k €↓
2021
Annual accounts 2021-133,2 k €↓
2020
Annual accounts 20201 M €↑
2019
Annual accounts 2019-510,6 k €↑
2019
Name changeFERM THUISZORG
2018
Annual accounts 2018-889,2 k €↓
2017
Annual accounts 2017743,4 k €↓
2016
Annual accounts 2016917,8 k €↓
2015
Annual accounts 20152 M €↓
2014
Annual accounts 20143,5 M €↑
2013
Annual accounts 20132 M €↑
2012
Annual accounts 20121,9 M €↑
2011
Annual accounts 20111,1 M €↑
2010
Annual accounts 2010867 k €↓
2009
Annual accounts 20091,2 M €↑
2008
Annual accounts 20081,1 M €↓
2007
Annual accounts 20071,4 M €
2007
Name changeLANDELIJKE THUISZORG
28/08/1959
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FERM THUISZORG

Overview

What does FERM THUISZORG do?

Trend over 19 financial years

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