ACTIVE

Les Grillons

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Financial year 2025 · closed on 31/12/2025

Net result

8,3 k €

-83.5% YoY

Revenue

7,6 k €

Equity

1,1 M €

-0.7% YoY

Workforce

20,6 ETP

+18.4% YoY

What does Les Grillons do?

Les Grillons is a Non-profit organization incorporated in 1977. Its main activity is: Technical and vocational secondary education. Its registered office is in Chaudfontaine. It employs on average 20,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0417.829.973

Incorporation

03/11/1977

Legal form

Non-profit organization

Registered office

Rue de Chèvremont 35
4051 Chaudfontaine · WallonieSee on map

Latest accounts

31/12/2025

Average workforce

20,6 ETP

Activities (NACE)

85322Technical and vocational secondary education· main 88106Social work activities without accommodation for the elderly and disabled 88992Other social work activities without accommodation n.e.c.88993Other social work activities without accommodation n.e.c.88995Other social work activities without accommodation n.e.c.

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	7,6 k €		–		–		–		–		–		–		100 €	-78.7%	469,5 €		–		–		–		–		–		–		–		–		–		–
EBITDA	45,1 k €	-40.5%	75,8 k €	+203%	25 k €	+744%	-3,9 k €	-111%	35,7 k €	+47.6%	24,2 k €	+5.6%	22,9 k €	+102%	-920 k €	-1233%	81,2 k €	+31.3%	61,9 k €	+48.6%	41,6 k €	+30.6%	31,9 k €	-22.3%	41,1 k €	+77.1%	23,2 k €	+55.7%	14,9 k €	-74.2%	57,7 k €	+34.0%	43,1 k €	+82.3%	23,6 k €	+27.2%	18,6 k €
Operating result	-16,8 k €	-157%	29,6 k €	+564%	-6,4 k €	+81.6%	-34,6 k €	-646%	6,3 k €	+544%	982,1 €	+147%	-2,1 k €	+99.8%	-949,5 k €	-1740%	57,9 k €	+20.5%	48 k €	+70.5%	28,2 k €	+128%	12,4 k €	-47.1%	23,4 k €	+587%	3,4 k €	+146%	-7,3 k €	-119%	38,7 k €	+37.8%	28,1 k €	+128%	12,3 k €	+269%	3,3 k €
Net result	8,3 k €	-83.5%	49,9 k €	+1502%	-3,6 k €	+89.8%	-34,9 k €	-467%	9,5 k €	+196%	-9,9 k €	-238%	7,2 k €	+111%	-68,1 k €	-204%	65,8 k €	+36.7%	48,1 k €	+11.8%	43 k €	+19.0%	36,2 k €	-26.6%	49,3 k €	+17.9%	41,8 k €	+1108%	3,5 k €	-93.3%	51,9 k €	+36.6%	38 k €	-23.8%	49,9 k €	+3.3%	48,4 k €
Balance sheet
Equity	1,1 M €	-0.7%	1,1 M €	+104%	518,8 k €	-0.5%	521,4 k €	-6.3%	556,3 k €	+1.7%	546,8 k €	-3.1%	564,2 k €	+0.8%	559,5 k €	-9.7%	619,4 k €	+11.5%	555,5 k €	+9.1%	509,2 k €	+7.9%	471,9 k €	+9.1%	432,6 k €	+11.3%	388,8 k €	+10.1%	353 k €	+5.2%	335,5 k €	+17.5%	285,6 k €	+14.4%	249,5 k €	+31.3%	190,1 k €
Total assets	1,6 M €	-0.0%	1,6 M €	+52.0%	1,1 M €	+2.9%	1 M €	+15.9%	888,7 k €	+6.7%	832,5 k €	-5.7%	882,7 k €	-2.1%	901,5 k €	+1.7%	886,2 k €	+4.4%	848,7 k €	+12.7%	753 k €	+13.4%	663,8 k €	+2.7%	646,3 k €	+7.4%	601,6 k €	-1.0%	607,9 k €	+2.1%	595,6 k €	+10.1%	541,1 k €	+13.6%	476,3 k €	+27.3%	374,1 k €
Cash	857,8 k €	+9.0%	786,8 k €	+24.9%	630,2 k €	+1.5%	621 k €	+32.0%	470,6 k €	+16.6%	403,5 k €	+2.0%	395,5 k €	+1.1%	391,2 k €	-7.9%	424,9 k €	-24.9%	566 k €	-2.5%	580,4 k €	+20.4%	482 k €	+5.0%	458,8 k €	+9.6%	418,8 k €	-5.9%	445,1 k €	-1.2%	450,4 k €	+6.6%	422,7 k €	+23.9%	341,3 k €	+30.2%	262,1 k €
Debts	190,2 k €	-65.5%	550,9 k €	+72.6%	319,1 k €	+17.3%	272,1 k €	+6.0%	256,8 k €	+3.9%	247,2 k €	-22.3%	318,1 k €	-6.9%	341,6 k €	+67.7%	203,7 k €	-3.2%	210,5 k €	+19.9%	175,5 k €	-8.4%	191,6 k €	-10.1%	213,3 k €	+0.8%	211,5 k €	-16.9%	254,4 k €	-0.2%	255 k €	-0.0%	255,1 k €	+13.7%	224,3 k €	+22.8%	182,6 k €
Other
Workforce	20,6 ETP	+18.4%	17,4 ETP	-3.9%	18,1 ETP	+7.7%	16,8 ETP	+1.8%	16,5 ETP	+1.2%	16,3 ETP	-7.4%	17,6 ETP	-1.1%	17,8 ETP	-4.8%	18,7 ETP	+5.1%	17,8 ETP	+4.7%	17,0 ETP	0.0%	17,0 ETP	-5.6%	18,0 ETP	0.0%	18,0 ETP	+5.9%	17,0 ETP	0.0%	17,0 ETP	0.0%	17,0 ETP	+6.3%	16,0 ETP	+6.7%	15,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 30 ended

Active mandates

Bernard DAUBY

Mandate

Active

Evelyne TENAERTS

Mandate

Active

Michel HERMANS

Mandate

Active

Sabine GATHOT

Mandate

Active

Xavier LAURENT

Mandate

Active

Ended mandates

Anne GREGOV

Director · since 23 mai 2017 · until 23 mai 2021

Ended

Liliane TULAZA

Director · since 24 novembre 2015 · until 23 novembre 2019

Ended

Liliane TULAZA

Director · since 24 novembre 2015 · until 29 décembre 2019

Ended

Marie-Christine BERTRAND

Vice-chairman of the board of directors · since 24 novembre 2015 · until 23 novembre 2019

Ended

Annual accounts

Full financial information

	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	21/05/2026	22/05/2025	13/06/2024	22/06/2023	02/06/2022	07/07/2021
General meeting	12/05/2026	13/05/2025	21/05/2024	23/05/2023	24/05/2022	30/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/05/2026	21/05/2026	French	PDF
Abridged model	31/12/2024	13/05/2025	22/05/2025	French	PDF
Abridged model	31/12/2023	21/05/2024	13/06/2024	French	PDF
Abridged model	31/12/2022	23/05/2023	22/06/2023	French	PDF
Abridged model	31/12/2021	24/05/2022	02/06/2022	French	PDF
Abridged model	31/12/2020	30/06/2021	07/07/2021	French	PDF
Abridged model	31/12/2019	02/06/2020	02/07/2020	French	PDF
Abridged model	31/12/2018	16/05/2019	05/07/2019	French	PDF
Abridged model	31/12/2017	23/04/2018	30/05/2018	French	PDF
Abridged model	31/12/2016	23/05/2017	27/06/2017	French	PDF
Abridged model	31/12/2015	18/05/2016	22/06/2016	French	PDF
Abridged model	31/12/2014	18/05/2015	10/06/2015	French	PDF
Abridged model	31/12/2013	14/05/2014	05/06/2014	French	PDF
Abridged model	31/12/2012	22/05/2013	17/06/2013	French	PDF
Abridged model	31/12/2011	23/05/2012	19/06/2012	French	PDF
Abridged model	31/12/2010	26/05/2011	23/06/2011	French	PDF
Abridged model	31/12/2009	04/06/2010	06/07/2010	French	PDF
Abridged model	31/12/2008	25/05/2009	13/07/2009	French	PDF
Abridged model	31/12/2007	22/05/2008	20/06/2008	French	PDF
Abridged model	31/12/2006	15/05/2007	19/06/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 30 ended

Active mandates

Bernard DAUBY

Mandate

Active

Evelyne TENAERTS

Mandate

Active

Michel HERMANS

Mandate

Active

Sabine GATHOT

Mandate

Active

Xavier LAURENT

Mandate

Active

Ended mandates

Anne GREGOV

Director · since 23 mai 2017 · until 23 mai 2021

Ended

Liliane TULAZA

Director · since 24 novembre 2015 · until 23 novembre 2019

Ended

Liliane TULAZA

Director · since 24 novembre 2015 · until 29 décembre 2019

Ended

Marie-Christine BERTRAND

Vice-chairman of the board of directors · since 24 novembre 2015 · until 23 novembre 2019

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates17/03/2025
DEMISSIONS, NOMINATIONS
PDF
Restructuring27/11/2024
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Other30/07/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates19/06/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates14/10/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates10/02/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates12/03/2021
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 20258,3 k €↓
2024
Annual accounts 202449,9 k €↑
2023
Annual accounts 2023-3,6 k €↑
2022
Annual accounts 2022-34,9 k €↓
2021
Annual accounts 20219,5 k €↑
2020
Annual accounts 2020-9,9 k €↓
2019
Annual accounts 20197,2 k €↑
2018
Annual accounts 2018-68,1 k €↓
2017
Annual accounts 201765,8 k €↑
2016
Annual accounts 201648,1 k €↑
2015
Annual accounts 201543 k €↑
2014
Annual accounts 201436,2 k €↓
2013
Annual accounts 201349,3 k €↑
2012
Annual accounts 201241,8 k €↑
2011
Annual accounts 20113,5 k €↓
2010
Annual accounts 201051,9 k €↑
2009
Annual accounts 200938 k €↓
2008
Annual accounts 200849,9 k €↑
2007
Annual accounts 200748,4 k €
03/11/1977
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Les Grillons

Overview

What does Les Grillons do?

Trend over 19 financial years

Indicative valuation

Board of directors

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