ACTIVE

Fédération Royale Sportive de l' Enseignement Libre

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Financial year 2025 · Closed on 31/12/2025

Net result-8,4 k €+63,9 %over 1 year

Gross margin1,5 M €+8,0 %over 1 year

Equity1,5 M €-0,5 %over 1 year

Workforce24,6 ETP+1,7 %over 1 year

Identity

Source · BCE/KBO

Fédération Royale Sportive de l' Enseignement Libre is a Non-profit organization incorporated in 1973. Its main activity is: Gambling and betting activities. Its registered office is in Uccle. It employs on average 24,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0413.895.337
Incorporation: 24/12/1973
Legal form: Non-profit organization
Registered office: Avenue Ilya Prigogine 1
1180 Uccle · BruxellesSee on map
Latest accounts: 31/12/2025
Average workforce: 24,6 ETP

Activities (NACE)

92621Gambling and betting activities· main 93191Other sports activities 93191Other sports activities 73110Advertising agencies 73110Advertising agencies

Joint committees (2)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 22 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,5 M €	+8.0%	1,4 M €	+0.3%	1,3 M €	+10.2%	1,2 M €	+15.8%	1,1 M €
EBITDA	62,9 k €	+736%	7,5 k €	+140%	-18,9 k €	+53.0%	-40,3 k €	+63.7%	-110,9 k €
Operating result	-389,1 €	+99.2%	-50 k €	+30.7%	-72,1 k €	+25.1%	-96,3 k €	+40.1%	-160,9 k €
Net result	-8,4 k €	+63.9%	-23,3 k €	-24.5%	-18,7 k €	+90.1%	-189,1 k €	-11.7%	-169,4 k €
Balance sheet
Equity	1,5 M €	-0.5%	1,6 M €	-1.5%	1,6 M €	-1.2%	1,6 M €	-10.6%	1,8 M €
Total assets	2 M €	-1.4%	2,1 M €	-1.0%	2,1 M €	-5.5%	2,2 M €	-5.3%	2,3 M €
Cash	634,6 k €	+4.3%	608,3 k €	-6.8%	652,6 k €	-14.7%	765,5 k €	-9.6%	846,5 k €
Debts	490 k €	-2.7%	503,7 k €	+1.6%	495,9 k €	-17.5%	601,3 k €	+11.7%	538,4 k €
Other
Workforce	24,6 ETP	+1.7%	24,2 ETP	-3.2%	25,0 ETP	+2.0%	24,5 ETP	-4.3%	25,6 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

10 active · 55 ended

Active mandates

Alain Dehaene

Mandate

Active

Anne Methens

Mandate

Active

Aurélien Loth

Mandate

Active

Bernard Hubien

Mandate

Active

Christian Modave

Mandate

Active

Francois Poull

Mandate

Active

Luc Michiels

Mandate

Active

Magda Liétard

Mandate

Active

Paul Leblanc

Mandate

Active

Valérie Collin

Mandate

Active

Ended mandates

Eric Verbauwhede

Director · since 12 octobre 2021 · until 31 août 2023

Ended

Eric Verbauwhede

Director · since 12 octobre 2021

Ended

Francois Poull

Director · since 12 octobre 2021 · until 31 août 2023

Ended

Francois Poull

Director · since 12 octobre 2021

Ended

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Avenue Ilya Prigogine 1 1180 Uccle

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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	17/06/2026	12/12/2025	16/10/2024	07/08/2023	08/07/2022	18/06/2021
General meeting	10/06/2026	12/06/2025	12/06/2024	07/06/2023	14/06/2022	27/05/2021
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, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	10/06/2026	17/06/2026	French	PDF
Abridged modelCorrection	31/12/2024	12/06/2025	12/12/2025	French	PDF
Abridged model	31/12/2024	12/06/2025	20/06/2025	French	PDF
Abridged modelCorrection	31/12/2023	12/06/2024	16/10/2024	French	PDF
Abridged model	31/12/2023	12/06/2024	01/07/2024	French	PDF
Abridged model	31/12/2022	07/06/2023	07/08/2023	French	PDF
Abridged model	31/12/2021	14/06/2022	08/07/2022	French	PDF
Abridged model	31/12/2020	27/05/2021	18/06/2021	French	PDF
Abridged model	31/12/2019	03/09/2020	18/09/2020	French	PDF
Abridged model	31/12/2018	11/05/2019	14/05/2019	French	PDF
Abridged model	31/12/2017	29/05/2018	30/08/2018	French	PDF
Abridged model	31/12/2016	23/05/2017	19/06/2017	French	PDF
Abridged model	31/12/2015	31/05/2016	04/07/2016	French	PDF
Abridged model	31/12/2014	19/04/2015	22/06/2015	French	PDF
Abridged model	31/12/2013	19/05/2014	27/08/2014	French	PDF
Abridged model	31/12/2012	16/05/2013	13/06/2013	French	PDF
Abridged model	31/12/2011	03/05/2012	21/05/2012	French	PDF
Abridged model	31/12/2010	24/05/2011	11/07/2011	French	PDF
Abridged model	31/12/2009	03/05/2010	23/11/2010	French	PDF
Abridged model	31/12/2008	20/04/2009	08/11/2010	French	PDF
Abridged model	31/12/2007	29/04/2008	21/05/2008	French	PDF
Abridged model	31/12/2006	26/04/2007	29/05/2007	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

10 active · 55 ended

Active mandates

Alain Dehaene

Mandate

Active

Anne Methens

Mandate

Active

Aurélien Loth

Mandate

Active

Bernard Hubien

Mandate

Active

Christian Modave

Mandate

Active

Francois Poull

Mandate

Active

Luc Michiels

Mandate

Active

Magda Liétard

Mandate

Active

Paul Leblanc

Mandate

Active

Valérie Collin

Mandate

Active

Ended mandates

Eric Verbauwhede

Director · since 12 octobre 2021 · until 31 août 2023

Ended

Eric Verbauwhede

Director · since 12 octobre 2021

Ended

Francois Poull

Director · since 12 octobre 2021 · until 31 août 2023

Ended

Francois Poull

Director · since 12 octobre 2021

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates30/06/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates23/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates04/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates04/12/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates26/10/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates03/03/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates06/07/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates01/12/2020
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025-8,4 k €↑
2024
Annual accounts 2024-23,3 k €↓
2023
Annual accounts 2023-18,7 k €↑
2023
Name changeFédération Royale Sportive de l' Enseignement Libre
2022
Annual accounts 2022-189,1 k €↓
2022
Name changeAsbl Fédération Royale Sportive de l' Enseignement
2021
Annual accounts 2021-169,4 k €↓
2021
Name changeFédéral Royale Sportive de l'Enseignement Libre
2020
Annual accounts 2020-151,9 k €↓
2019
Annual accounts 201916,5 k €↓
2018
Annual accounts 201876,9 k €↑
2017
Annual accounts 201713,2 k €↑
2016
Annual accounts 20166,3 k €↓
2015
Annual accounts 201517,8 k €↑
2014
Annual accounts 201415,9 k €↑
2013
Annual accounts 201314,2 k €↓
2012
Annual accounts 201237,3 k €↓
2011
Annual accounts 201161,8 k €↑
2010
Annual accounts 201026,7 k €↓
2009
Annual accounts 200977,9 k €↓
2008
Annual accounts 2008162,3 k €↑
2007
Annual accounts 200713 k €
24/12/1973
IncorporationNon-profit organization

Fédération Royale Sportive de l' Enseignement Libre

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