ACTIVE

Oeuvres Sociales de l'Armée du Salut en Belgique

Financial year 2025 · Closed on 31/12/2025

Net result-296 k €+67,3 %over 1 year
Revenue3,1 M €+10,5 %over 1 year
Equity441 k €-43,4 %over 1 year
Workforce105,4 ETP-4,7 %over 1 year

Identity

Source · BCE/KBO

Oeuvres Sociales de l'Armée du Salut en Belgique is a Non-profit organization incorporated in 1976. Its main activity is: Other accommodation. Its registered office is in Bruxelles. It employs on average 105,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0416.251.744
Incorporation
03/06/1976
Legal form
Non-profit organization
Registered office
Pl. du Nouveau Marché aux Grains 34
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
105,4 ETP
Joint committees (2)
  • 319
  • 31902
Signals
Positive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 14 filings

Trend over 13 financial years

20252024202320222021
Income statement
Revenue3,1 M €2,8 M €3 M €2,6 M €2,4 M €
EBITDA416 k €-751 k €162,5 k €-218,7 k €321,8 k €
Operating result-328,4 k €-966 k €-43,3 k €-400,7 k €155,9 k €
Net result-296 k €-906,1 k €-5,4 k €-587,3 k €272,2 k €
Balance sheet
Equity441 k €778,9 k €1,7 M €1,8 M €2,3 M €
Total assets4,5 M €4,3 M €5,2 M €4,7 M €5,5 M €
Cash2,1 M €2 M €2,9 M €2,3 M €3,3 M €
Debts3,8 M €3,2 M €3,1 M €2,6 M €2,9 M €
Other
Workforce105,4 ETP110,6 ETP94,8 ETP88,8 ETP88,8 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

6 active · 11 ended

Active mandates

ANDRE MASENDE

Director

Active
Bénédicte ALLEMAND

Director

Active
DONZE JACQUES

Chairman of the board of directors

Active
Hermilie NORVIL

Director

Active
JEAN OLEKHNOVITCH

Director

Active
JOËL ETCHEVERY

Director

Active

Ended mandates

André MASENDE NGOYO

Director

Ended
Daniel Naud

Mandate

Ended
Frank Estievenart

Mandate

Ended
Jean OLEKHNOVITCH

Vice-chairman of the board of directors

Ended

Other companies at this address

Pl. du Nouveau Marché aux Grains 34 1000 Bruxelles
CompanyCBE no.
Armée du Salut● Active
0406.609.449
1005.999.569

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull 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 date30/06/202625/06/202501/07/202418/10/202330/10/202330/07/2021
General meeting19/06/202620/06/202527/06/202409/10/202309/10/202328/05/2021
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, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/06/202630/06/2026FrenchPDF
Full model31/12/202420/06/202525/06/2025FrenchPDF
Full model31/12/202327/06/202401/07/2024FrenchPDF
Full model31/12/202209/10/202318/10/2023FrenchPDF
Abridged modelCorrection31/12/202109/10/202330/10/2023FrenchPDF
Abridged model31/12/202117/06/202201/07/2022FrenchPDF
Abridged model31/12/202028/05/202130/07/2021FrenchPDF
Abridged model31/12/201930/06/202006/07/2020FrenchPDF
Abridged model31/12/201829/03/201905/07/2019FrenchPDF
Abridged model31/12/201730/04/201825/06/2018FrenchPDF
Abridged model31/12/201628/03/201723/06/2017FrenchPDF
Abridged model31/12/201522/03/201630/08/2016FrenchPDF
Abridged model31/12/201431/03/201520/08/2015FrenchPDF
Abridged model31/12/201325/03/201413/11/2014FrenchPDF

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

6 active · 11 ended

Active mandates

ANDRE MASENDE

Director

Active
Bénédicte ALLEMAND

Director

Active
DONZE JACQUES

Chairman of the board of directors

Active
Hermilie NORVIL

Director

Active
JEAN OLEKHNOVITCH

Director

Active
JOËL ETCHEVERY

Director

Active

Ended mandates

André MASENDE NGOYO

Director

Ended
Daniel Naud

Mandate

Ended
Frank Estievenart

Mandate

Ended
Jean OLEKHNOVITCH

Vice-chairman of the board of directors

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/08/2025
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates09/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/04/2024
    DENOMINATION - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates27/10/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/04/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/07/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/09/2021
    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 2025-296 k €↑
  2. 2024
    Annual accounts 2024-906,1 k €↓
  3. 2023
    Annual accounts 2023-5,4 k €↑
  4. 2022
    Annual accounts 2022-587,3 k €↓
  5. 2021
    Annual accounts 2021272,2 k €↓
  6. 2021
    Name changeLes Oeuvres Sociales de l'Armée du Salut en Belgique
  7. 2020
    Annual accounts 2020292,6 k €↑
  8. 2019
    Annual accounts 2019
  9. 2018
    Annual accounts 2018226,1 k €↑
  10. 2017
    Annual accounts 2017-380,2 k €↓
  11. 2016
    Annual accounts 2016700,9 k €↑
  12. 2015
    Annual accounts 2015564,3 k €↑
  13. 2014
    Annual accounts 2014-208,2 k €↑
  14. 2013
    Annual accounts 2013-437,2 k €
  15. 2013
    Name changeOeuvres Sociales de l'Armée du Salut en Belgique
  16. 03/06/1976
    IncorporationNon-profit organization