ACTIVE

Reform - Recherche et Formation socio-culturelles

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Financial year 2025 · Closed on 31/12/2025

Net result-11,1 k €+85,1 %over 1 year

Revenue132,4 k €+8,1 %over 1 year

Equity395,6 k €-2,7 %over 1 year

Workforce11,5 ETP-2,5 %over 1 year

Identity

Source · BCE/KBO

Reform - Recherche et Formation socio-culturelles is a Non-profit organization incorporated in 1974. Its main activity is: Other education n.e.c.. Its registered office is in Ixelles. It employs on average 11,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0413.940.075
Incorporation: 23/01/1974
Legal form: Non-profit organization
Registered office: Rue de Londres 17
1050 Ixelles · BruxellesSee on map
Latest accounts: 31/12/2025
Average workforce: 11,5 ETP

Activities (NACE)

85593Other education n.e.c.· main 85593Other education n.e.c.

Joint committees (1)

32902

Signals

Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	132,4 k €	+8.1%	122,5 k €	+10.6%	110,8 k €	+25.2%	88,5 k €	+5.8%	83,7 k €
EBITDA	-1,6 k €	+97.8%	-72,2 k €	-418%	22,7 k €	-72.2%	81,6 k €	+160%	31,4 k €
Operating result	-6 k €	+92.1%	-76,2 k €	-484%	19,8 k €	-75.0%	79,2 k €	+195%	26,9 k €
Net result	-11,1 k €	+85.1%	-74,8 k €	-581%	15,5 k €	-79.2%	74,8 k €	+224%	23,1 k €
Balance sheet
Equity	395,6 k €	-2.7%	406,8 k €	-15.5%	481,6 k €	+3.3%	466 k €	+19.1%	391,2 k €
Total assets	540,8 k €	-5.0%	569,1 k €	-15.2%	671,4 k €	+4.7%	641,3 k €	+16.5%	550,4 k €
Cash	47,1 k €	+67.5%	28,1 k €	-31.6%	41,2 k €	+55.0%	26,5 k €	-62.3%	70,4 k €
Debts	137,3 k €	+4.7%	131,1 k €	-19.5%	162,9 k €	+18.0%	138,1 k €	+2.3%	135 k €
Other
Workforce	11,5 ETP	-2.5%	11,8 ETP	+8.3%	10,9 ETP	-4.4%	11,4 ETP	+3.6%	11,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 38 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Antoine DUTRY	MandateDirectorended
Arnaud ENGLEBERT	MandateDirectorended
Benjamin COCRIAMONT	MandateDirectorended
Bernard LIGOT	MandateChairman of the board of directorsendedDirectorended
Elliott MAES	MandateDirectorended
Nicolas DOCQ	MandateDirectorended
Omer CANDAN	Mandate
Pierre-Jean BRASSINE	MandateDirectorended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Arnaud PAULET	Mandate
Arnaud SCHREUER	Director
AURORE HERBAUX	Director
BEATRICE BREZINA	Director

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Rue de Londres 17 1050 Ixelles

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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	12/06/2026	18/06/2025	09/06/2024	19/06/2023	01/07/2022	18/06/2021
General meeting	09/06/2026	10/06/2025	05/06/2024	07/06/2023	09/06/2022	15/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	09/06/2026	12/06/2026	French	PDF
Abridged model	31/12/2024	10/06/2025	18/06/2025	French	PDF
Abridged model	31/12/2023	05/06/2024	09/06/2024	French	PDF
Abridged model	31/12/2022	07/06/2023	19/06/2023	French	PDF
Abridged model	31/12/2021	09/06/2022	01/07/2022	French	PDF
Abridged model	31/12/2020	15/06/2021	18/06/2021	French	PDF
Abridged model	31/12/2019	25/06/2020	24/07/2020	French	PDF
Abridged model	31/12/2018	12/06/2019	25/06/2019	French	PDF
Abridged model	31/12/2017	12/06/2018	25/06/2018	French	PDF
Abridged model	31/12/2016	06/06/2017	12/06/2017	French	PDF
Abridged model	31/12/2015	27/06/2016	19/07/2016	French	PDF
Abridged model	31/12/2014	23/06/2015	29/07/2015	French	PDF
Abridged model	31/12/2013	19/06/2014	26/06/2014	French	PDF
Abridged model	31/12/2012	12/06/2013	18/06/2013	French	PDF
Abridged model	31/12/2011	07/06/2012	12/06/2012	French	PDF
Abridged model	31/12/2010	06/06/2011	09/06/2011	French	PDF
Abridged model	31/12/2009	02/06/2010	07/06/2010	French	PDF
Abridged model	31/12/2008	17/06/2009	01/07/2009	French	PDF
Abridged model	31/12/2007	05/06/2008	30/06/2008	French	PDF
Abridged model	31/12/2006	24/05/2007	29/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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

8 active · 38 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Antoine DUTRY	MandateDirectorended
Arnaud ENGLEBERT	MandateDirectorended
Benjamin COCRIAMONT	MandateDirectorended
Bernard LIGOT	MandateChairman of the board of directorsendedDirectorended
Elliott MAES	MandateDirectorended
Nicolas DOCQ	MandateDirectorended
Omer CANDAN	Mandate
Pierre-Jean BRASSINE	MandateDirectorended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Arnaud PAULET	Mandate
Arnaud SCHREUER	Director
AURORE HERBAUX	Director
BEATRICE BREZINA	Director

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office18/02/2026
SIEGE SOCIAL
PDF
Mandates29/08/2024
DEMISSIONS, NOMINATIONS
PDF
Other23/01/2024
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates13/07/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates13/03/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates22/08/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates03/01/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates10/07/2019
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

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

19741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Reform - Recherche et Formation socio-culturelles

Rue de Londres 17, 1050 IxellesRue de Paris 1, 1050 Ixelles

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de Londres 17, 1050 IxellesCurrent	accounts 2025	Accounts 2025 · 2026-00155957
Rue de Paris 1, 1050 Ixelles	accounts 2021 → 2024	Accounts 2024 · 2025-00150345

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Reform - Recherche et Formation socio-culturellesCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00155957

Events

2025
Annual accounts 2025-11,1 k €↑
2024
Annual accounts 2024-74,8 k €↓
2023
Annual accounts 202315,5 k €↓
2022
Annual accounts 202274,8 k €↑
2021
Annual accounts 202123,1 k €↓
2020
Annual accounts 202032,1 k €↑
2019
Annual accounts 201926 k €↑
2018
Annual accounts 201816,6 k €↓
2017
Annual accounts 201770 k €↓
2016
Annual accounts 201681 k €↑
2015
Annual accounts 2015-59 k €↓
2013
Annual accounts 2013-15,3 k €↓
2012
Annual accounts 201227,9 k €↑
2011
Annual accounts 2011-27,6 k €↓
2010
Annual accounts 201082,9 k €↑
2009
Annual accounts 200938,7 k €↓
2008
Annual accounts 200899,3 k €↑
2007
Annual accounts 200717 k €
23/01/1974
IncorporationNon-profit organization

Reform - Recherche et Formation socio-culturelles

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