ACTIVE

Institut des Affaires Culturelles

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Financial year 2024 · Closed on 31/12/2024

Net result36 k €-38,6 %over 1 year

Gross margin391,1 k €+10,2 %over 1 year

Equity246,6 k €+17,1 %over 1 year

Workforce5,3 ETP+6,0 %over 1 year

Identity

Source · BCE/KBO

Institut des Affaires Culturelles is a Non-profit organization incorporated in 1977. Its main activity is: Hotels and similar accommodation. Its registered office is in Saint-Josse-ten-Noode. It employs on average 5,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0417.001.614
Incorporation: 01/02/1977
Legal form: Non-profit organization
Registered office: Rue Amédée Lynen 8
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Latest accounts: 31/12/2024
Average workforce: 5,3 ETP

Activities (NACE)

55100Hotels and similar accommodation· main 55100Hotels and similar accommodation 94992Activities of other membership organisations n.e.c.94992Activities of other membership organisations n.e.c.47610Retail sale of books in specialised stores 47610Retail sale of books in specialised stores

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 12 filings

Trend over 12 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	391,1 k €	+10.2%	354,8 k €	+55.2%	228,6 k €	+288%	58,9 k €	-36.9%	93,3 k €
EBITDA	100,8 k €	+13.6%	88,7 k €	+191%	30,5 k €	-16.4%	36,5 k €	+59.4%	22,9 k €
Operating result	40 k €	-37.1%	63,6 k €	+1361%	4,4 k €	-41.2%	7,4 k €	+164%	-11,6 k €
Net result	36 k €	-38.6%	58,7 k €	+17794%	327,9 €	-94.8%	6,4 k €	+151%	-12,4 k €
Balance sheet
Equity	246,6 k €	+17.1%	210,6 k €	+38.6%	151,9 k €	+0.2%	151,6 k €	+4.4%	145,2 k €
Total assets	363,7 k €	+1.1%	359,6 k €	+55.9%	230,7 k €	+39.9%	164,9 k €	-6.6%	176,6 k €
Cash	20 k €	-66.3%	59,4 k €	-46.2%	110,4 k €	+107%	53,4 k €	+143%	22 k €
Debts	73,6 k €	-26.9%	100,8 k €	+89.4%	53,2 k €	+299%	13,3 k €	-57.4%	31,3 k €
Other
Workforce	5,3 ETP	+6.0%	5,0 ETP		–		–		5,4 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 31/12/2024

5 active · 29 ended

Active mandates

Abid BHATTI

Director · since 20 septembre 2024 · until 20 septembre 2027

Active

Ana Maria GASPAR DE ALMEIDA

Managing director · since 20 septembre 2024 · until 20 septembre 2027

Active

Harry BHATTI

Director · since 20 septembre 2024 · until 20 septembre 2027

Active

Horia BHATTI

Director · since 20 septembre 2024 · until 20 septembre 2027

Active

Jerry BHATTI

Director · since 20 septembre 2024 · until 20 septembre 2027

Active

Ended mandates

Abid BHATTI

Director · since 29 novembre 2021 · until 29 juin 2024

Ended

Abid BHATTI

Director · since 29 novembre 2021 · until 20 septembre 2024

Ended

Ana Maria GASPAR DE ALMEIDA

Managing director · since 29 novembre 2021 · until 29 juin 2024

Ended

Ana Maria GASPAR DE ALMEIDA

Managing director · since 29 novembre 2021 · until 20 septembre 2024

Ended

Other companies at this address

Rue Amédée Lynen 8 1210 Saint-Josse-ten-Noode

Company	CBE no.
CEJI – A Jewish Contribution to an Inclusive Europe● Active	0443.949.796
EUROPEAN PEER TRAINING ORGANISATION● Active	0891.543.628
RESHET CHINUCH EUROPA● Active	0823.566.820

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2025	23/09/2024	06/10/2023	10/08/2022	09/12/2021	24/11/2020
General meeting	27/06/2025	20/09/2024	29/06/2023	29/06/2022	29/11/2021	23/09/2020
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, 12 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	27/06/2025	30/06/2025	French	PDF
Abridged model	31/12/2023	20/09/2024	23/09/2024	French	PDF
Micro model	31/12/2022	29/06/2023	06/10/2023	French	PDF
Micro model	31/12/2021	29/06/2022	10/08/2022	French	PDF
Abridged model	31/12/2020	29/11/2021	09/12/2021	French	PDF
Abridged model	31/12/2019	23/09/2020	24/11/2020	French	PDF
Abridged model	31/12/2018	29/06/2019	04/10/2019	French	PDF
Abridged model	31/12/2017	25/06/2018	18/09/2018	French	PDF
Abridged model	31/12/2016	25/09/2017	30/09/2017	French	PDF
Abridged model	31/12/2015	30/09/2016	03/11/2016	French	PDF
Abridged model	31/12/2014	30/10/2015	08/12/2015	French	PDF
Abridged model	31/12/2013	25/04/2014	11/06/2014	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 31/12/2024

5 active · 29 ended

Active mandates

Abid BHATTI

Director · since 20 septembre 2024 · until 20 septembre 2027

Active

Ana Maria GASPAR DE ALMEIDA

Managing director · since 20 septembre 2024 · until 20 septembre 2027

Active

Harry BHATTI

Director · since 20 septembre 2024 · until 20 septembre 2027

Active

Horia BHATTI

Director · since 20 septembre 2024 · until 20 septembre 2027

Active

Jerry BHATTI

Director · since 20 septembre 2024 · until 20 septembre 2027

Active

Ended mandates

Abid BHATTI

Director · since 29 novembre 2021 · until 29 juin 2024

Ended

Abid BHATTI

Director · since 29 novembre 2021 · until 20 septembre 2024

Ended

Ana Maria GASPAR DE ALMEIDA

Managing director · since 29 novembre 2021 · until 29 juin 2024

Ended

Ana Maria GASPAR DE ALMEIDA

Managing director · since 29 novembre 2021 · until 20 septembre 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/01/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates25/02/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates27/12/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates15/02/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates11/12/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates30/05/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates05/06/2013
DEMISSIONS, NOMINATIONS
PDF
Registered office22/10/2008
SIEGE SOCIAL
PDF

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

See the Business plan

Timeline

2024
Annual accounts 202436 k €↓
2023
Annual accounts 202358,7 k €↑
2022
Annual accounts 2022327,9 €↓
2021
Annual accounts 20216,4 k €↑
2020
Annual accounts 2020-12,4 k €↓
2019
Annual accounts 201934,2 k €↓
2018
Annual accounts 201837 k €↓
2017
Annual accounts 201738,3 k €↑
2016
Annual accounts 2016-44,6 k €↓
2015
Annual accounts 201522,5 k €↑
2014
Annual accounts 201420,2 k €↑
2013
Annual accounts 2013-85,3 k €
01/02/1977
IncorporationNon-profit organization

Institut des Affaires 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