ACTIVE

Le Cartel

Financial year 2025 · Closed on 31/12/2025

Net result54,9 k €+5 008,6 %over 1 year
Gross margin993,3 k €+8,8 %over 1 year
Equity755,3 k €+7,8 %over 1 year
Workforce13,0 ETP-13,3 %over 1 year

Identity

Source · BCE/KBO

Le Cartel is a Non-profit organization incorporated in 1974. Its main activity is: General secondary education. Its registered office is in Comblain-au-Pont. It employs on average 13,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0414.454.472
Incorporation
28/06/1974
Legal form
Non-profit organization
Registered office
Rue des Grottes 37
4170 Comblain-au-Pont · WallonieSee on map
Latest accounts
31/12/2025
Average workforce
13,0 ETP
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 10 filings

Trend over 10 financial years

20252024202320222021
Income statement
Gross margin993,3 k €913,3 k €925,2 k €776,7 k €782,7 k €
EBITDA104,3 k €55,6 k €55,7 k €35,6 k €32,4 k €
Operating result52,6 k €2,1 k €11 k €-8,6 k €-9,9 k €
Net result54,9 k €-1,1 k €14,7 k €-2,9 k €-1,5 k €
Balance sheet
Equity755,3 k €700,7 k €670,2 k €637,7 k €637,5 k €
Total assets1,3 M €1,3 M €1,2 M €1,3 M €1,1 M €
Cash256,9 k €190,6 k €276 k €341,9 k €203,5 k €
Debts412,2 k €509,7 k €558,6 k €546,4 k €495,1 k €
Other
Workforce13,0 ETP15,0 ETP15,0 ETP15,0 ETP12,0 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

12 active · 23 ended

Active mandates

DOROTHEE HANOT

Director · since 16 juin 2025

Active
CHANTAL BOCIAN

Director · since 11 juin 2024

Active
CHRISTOPHE CARPENTIER

Director · since 11 juin 2024

Active
PIERRE LIBERT

Director · since 11 juin 2024

Active
VERONIQUE DETAILLE

Director · since 11 juin 2024

Active
ERIC CAEYMAX

Vice-chairman of the board of directors · since 14 juin 2021 · until 14 juin 2024

Active
PHILIPPE LEMAIRE

Chairman of the board of directors · since 14 juin 2021 · until 14 juin 2024

Active
CLAIRE DARVILLE

Director · since 05 mars 2018 · until 05 mars 2021

Active
ERIC CAEYMAX

Director · since 05 mars 2018 · until 14 juin 2024

Active
PHILIPPE LEMAIRE

Director · since 05 mars 2018 · until 14 juin 2024

Active
DANIEL MATERNE

Director · since 08 avril 2013 · until 05 mars 2021

Active
FRANZ COULEE

Director · since 08 avril 2013 · until 05 mars 2021

Active

Ended mandates

ANNE PIREAUX

Director · since 14 juin 2021 · until 14 juin 2024

Ended
JEAN-LUC PAULUS

Director · since 14 juin 2021 · until 14 juin 2024

Ended
MARTINE MARECHAL

Director · since 14 juin 2021 · until 14 juin 2024

Ended
NATHALIE MONTFORT

Director · since 14 juin 2021 · until 14 juin 2024

Ended

Full financial information

Source · NBB
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 date31/08/202631/07/202530/08/202417/07/202331/07/202231/07/2021
General meeting01/06/202616/06/202520/06/202420/06/202320/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 10 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202501/06/202631/08/2026FrenchPDF
Abridged model31/12/202416/06/202531/07/2025FrenchPDF
Abridged model31/12/202320/06/202430/08/2024FrenchPDF
Abridged model31/12/202220/06/202317/07/2023FrenchPDF
Abridged model31/12/202120/06/202231/07/2022FrenchPDF
Abridged model31/12/202030/06/202131/07/2021FrenchPDF
Abridged model31/12/201804/06/201924/02/2020FrenchPDF
Abridged model31/12/201716/05/201821/02/2019FrenchPDF
Abridged model31/12/201601/06/201728/08/2017FrenchPDF
Abridged model31/12/201523/06/201611/08/2016FrenchPDF

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

12 active · 23 ended

Active mandates

DOROTHEE HANOT

Director · since 16 juin 2025

Active
CHANTAL BOCIAN

Director · since 11 juin 2024

Active
CHRISTOPHE CARPENTIER

Director · since 11 juin 2024

Active
PIERRE LIBERT

Director · since 11 juin 2024

Active
VERONIQUE DETAILLE

Director · since 11 juin 2024

Active
ERIC CAEYMAX

Vice-chairman of the board of directors · since 14 juin 2021 · until 14 juin 2024

Active
PHILIPPE LEMAIRE

Chairman of the board of directors · since 14 juin 2021 · until 14 juin 2024

Active
CLAIRE DARVILLE

Director · since 05 mars 2018 · until 05 mars 2021

Active
ERIC CAEYMAX

Director · since 05 mars 2018 · until 14 juin 2024

Active
PHILIPPE LEMAIRE

Director · since 05 mars 2018 · until 14 juin 2024

Active
DANIEL MATERNE

Director · since 08 avril 2013 · until 05 mars 2021

Active
FRANZ COULEE

Director · since 08 avril 2013 · until 05 mars 2021

Active

Ended mandates

ANNE PIREAUX

Director · since 14 juin 2021 · until 14 juin 2024

Ended
JEAN-LUC PAULUS

Director · since 14 juin 2021 · until 14 juin 2024

Ended
MARTINE MARECHAL

Director · since 14 juin 2021 · until 14 juin 2024

Ended
NATHALIE MONTFORT

Director · since 14 juin 2021 · until 14 juin 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other03/12/2024
    OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates02/07/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/03/2018
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office08/05/2014
    ADRESSE AUTRE QUE SIEGE SOCIAL - DIVERS
    PDF
  • Registered office20/02/2014
    SIEGE SOCIAL
    PDF
  • Mandates04/12/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/03/2012
    DEMISSIONS, NOMINATIONS
    PDF

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 202554,9 k €↑
  2. 2024
    Annual accounts 2024-1,1 k €↓
  3. 2023
    Annual accounts 202314,7 k €↑
  4. 2022
    Annual accounts 2022-2,9 k €↓
  5. 2021
    Annual accounts 2021-1,5 k €↓
  6. 2020
    Annual accounts 20209,8 k €↓
  7. 2018
    Annual accounts 201847,7 k €↑
  8. 2017
    Annual accounts 2017-547,9 €↓
  9. 2016
    Annual accounts 2016160,4 k €↑
  10. 2015
    Annual accounts 201582,4 k €
  11. 28/06/1974
    IncorporationNon-profit organization