ACTIVE

Les Bourgeons

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Financial year 2025 · closed on 31/12/2025

Net result

32,8 k €

+306.6% YoY

Revenue

155,9 k €

-4.3% YoY

Equity

1,1 M €

+3.1% YoY

Workforce

23,4 ETP

+1.3% YoY

What does Les Bourgeons do?

Les Bourgeons is a Non-profit organization incorporated in 1977. Its main activity is: Technical and vocational secondary education. Its registered office is in Woluwe-Saint-Lambert. It employs on average 23,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0417.870.060

Incorporation

20/09/1977

Legal form

Non-profit organization

Registered office

Clos Chapelle-aux-Champs 2
1200 Woluwe-Saint-Lambert · BruxellesSee on map

Latest accounts

31/12/2025

Average workforce

23,4 ETP

Activities (NACE)

85321Technical and vocational secondary education· main 88911Child day-care activities 88911Child day-care activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2011		2010		2009		2008		2007
Income statement
Revenue	155,9 k €	-4.3%	163 k €	-21.1%	206,4 k €	-5.5%	218,4 k €	+10.6%	197,4 k €	+13.6%	173,7 k €	-19.2%	214,9 k €	+3.0%	208,7 k €	-2.6%	214,3 k €		–		–		–		–		–		–		166,3 k €	-1.5%	168,8 k €	+2.1%	165,4 k €
EBITDA	42,5 k €	+530%	6,8 k €	+260%	-4,2 k €	+87.4%	-33,4 k €	-228%	26 k €	-15.6%	30,8 k €	-69.9%	102,4 k €	+157%	39,9 k €	-48.7%	77,7 k €	+8.6%	71,6 k €	+21.3%	59 k €	+25.0%	47,2 k €	-51.7%	97,7 k €	+98.8%	49,2 k €	+224%	-39,5 k €	-225%	31,6 k €	-70.0%	105,2 k €	-72.4%	380,6 k €
Operating result	34,2 k €	+2027%	-1,8 k €	+88.1%	-14,9 k €	+67.9%	-46,4 k €	-471%	12,5 k €	-36.1%	19,6 k €	-78.1%	89,6 k €	+207%	29,2 k €	-57.6%	68,9 k €	+10.1%	62,6 k €	+22.5%	51,1 k €	+30.3%	39,2 k €	-55.2%	87,6 k €	+121%	39,6 k €	+180%	-49,6 k €	-309%	23,8 k €	-75.9%	98,7 k €	-73.5%	372,9 k €
Net result	32,8 k €	+307%	-15,9 k €	-33.2%	-11,9 k €	+72.2%	-42,9 k €	-466%	11,7 k €	-79.7%	57,7 k €	-47.6%	110,2 k €	+224%	34 k €	-43.2%	59,8 k €		–		–		41,2 k €	-55.2%	92 k €	+93.3%	47,6 k €	+223%	-38,6 k €	-201%	38,3 k €	-62.3%	101,4 k €	-72.5%	368,9 k €
Balance sheet
Equity	1,1 M €	+3.1%	1 M €	-1.5%	1,1 M €	-1.1%	1,1 M €	-3.9%	1,1 M €	+1.1%	1,1 M €	+5.5%	1 M €	+11.8%	934,2 k €	+3.8%	900,2 k €	+7.1%	840,4 k €	+11.8%	751,9 k €	+7.5%	699,2 k €	+6.3%	658 k €	+27.1%	517,7 k €	+10.1%	470,1 k €	-7.6%	508,7 k €	+8.1%	470,4 k €	+27.5%	368,9 k €
Total assets	1,5 M €	+5.2%	1,4 M €	+0.8%	1,4 M €	+2.1%	1,3 M €	+0.7%	1,3 M €	+1.9%	1,3 M €	+6.2%	1,2 M €	+10.6%	1,1 M €	+4.7%	1,1 M €	+6.3%	1 M €	+11.2%	903,7 k €	+2.8%	879,1 k €	+4.9%	838,1 k €	+22.1%	686,7 k €	+14.2%	601,5 k €	+11.0%	541,9 k €	+5.8%	512,3 k €	+7.0%	479 k €
Cash	162,8 k €	-12.9%	187 k €	+87.2%	99,9 k €	-54.5%	219,5 k €	-18.8%	270,4 k €	-45.0%	492 k €	-25.9%	663,5 k €	+12.9%	587,4 k €	-5.1%	618,8 k €	+14.4%	540,9 k €	-18.9%	666,8 k €	-2.6%	684,3 k €	+9.1%	627 k €	+36.4%	459,7 k €	+16.7%	393,9 k €	+10.0%	357,9 k €	+98.9%	180 k €	-44.6%	324,9 k €
Debts	359,7 k €	+11.6%	322,2 k €	+9.1%	295,3 k €	+15.9%	254,8 k €	+27.9%	199,2 k €	+7.0%	186,1 k €	+8.8%	171,1 k €	+6.1%	161,2 k €	+9.3%	147,5 k €	+2.8%	143,5 k €	+10.6%	129,7 k €	-17.8%	157,8 k €	-0.2%	158,1 k €	+6.2%	148,9 k €	+33.6%	111,5 k €	+236%	33,2 k €	-20.8%	41,9 k €	-61.9%	110 k €
Other
Workforce	23,4 ETP	+1.3%	23,1 ETP	0.0%	23,1 ETP	+8.5%	21,3 ETP	+2.4%	20,8 ETP	+6.1%	19,6 ETP	-1.0%	19,8 ETP	-1.0%	20,0 ETP	+5.8%	18,9 ETP	+1.1%	18,7 ETP	0.0%	18,7 ETP	+1.6%	18,4 ETP	-3.2%	19,0 ETP	0.0%	19,0 ETP	0.0%	19,0 ETP	0.0%	19,0 ETP	0.0%	19,0 ETP	0.0%	19,0 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 · 9 active · 5 ended

Active mandates

Aurélie SAVELS

Director · since 19 juin 2024

Active

Jeanne GODEAU

Director · since 19 juin 2024

Active

Valérie SERVAIS

Director · since 07 mars 2024

Active

LUC SANDRON

Director · since 02 août 2018

Active

Caroline THEWIS

Vice-chairman of the board of directors · until 07 mars 2024

Active

Elise LAZZERI

Director

Active

Marina GEERDENS

Director · until 19 juin 2024

Active

NATHALIE HUENS

Director

Active

Vincent BOMAL

Director

Active

Ended mandates

Caroline THEWIS

Vice-chairman of the board of directors

Ended

Marina GEERDENS

Director

Ended

Marina TOLSTOY

Chairman of the board of directors

Ended

Michel VAN WINDEKENS

Chairman of the board of directors

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	24/08/2026	02/09/2025	03/09/2024	05/07/2023	05/07/2022	19/08/2021
General meeting	24/06/2026	18/06/2025	19/06/2024	14/06/2023	16/06/2022	29/06/2021
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	24/06/2026	24/08/2026	French	PDF
Abridged model	31/12/2024	18/06/2025	02/09/2025	French	PDF
Abridged model	31/12/2023	19/06/2024	03/09/2024	French	PDF
Abridged model	31/12/2022	14/06/2023	05/07/2023	French	PDF
Abridged model	31/12/2021	16/06/2022	05/07/2022	French	PDF
Abridged model	31/12/2020	29/06/2021	19/08/2021	French	PDF
Abridged model	31/12/2019	29/07/2020	09/09/2020	French	PDF
Abridged model	31/12/2018	25/06/2019	05/07/2019	French	PDF
Abridged model	31/12/2017	27/06/2018	05/07/2018	French	PDF
Abridged modelCorrection	31/12/2016	27/06/2017	17/12/2018	French	PDF
Abridged model	31/12/2016	27/06/2017	11/03/2018	French	PDF
Abridged modelCorrection	31/12/2015	08/06/2016	17/12/2018	French	PDF
Abridged model	31/12/2015	08/06/2016	11/03/2018	French	PDF
Abridged model	31/12/2014	09/06/2015	18/12/2015	French	PDF
Abridged model	31/12/2013	06/06/2014	30/06/2014	French	PDF
Abridged model	31/12/2011	21/07/2012	06/12/2012	French	PDF
Abridged model	31/12/2010	21/06/2011	09/11/2011	French	PDF
Abridged model	31/12/2009	16/06/2010	31/03/2011	French	PDF
Abridged model	31/12/2008	19/06/2009	31/03/2011	French	PDF
Abridged model	31/12/2007	19/06/2008	14/03/2011	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 · 9 active · 5 ended

Active mandates

Aurélie SAVELS

Director · since 19 juin 2024

Active

Jeanne GODEAU

Director · since 19 juin 2024

Active

Valérie SERVAIS

Director · since 07 mars 2024

Active

LUC SANDRON

Director · since 02 août 2018

Active

Caroline THEWIS

Vice-chairman of the board of directors · until 07 mars 2024

Active

Elise LAZZERI

Director

Active

Marina GEERDENS

Director · until 19 juin 2024

Active

NATHALIE HUENS

Director

Active

Vincent BOMAL

Director

Active

Ended mandates

Caroline THEWIS

Vice-chairman of the board of directors

Ended

Marina GEERDENS

Director

Ended

Marina TOLSTOY

Chairman of the board of directors

Ended

Michel VAN WINDEKENS

Chairman of the board of directors

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/02/2025
DEMISSIONS, NOMINATIONS
PDF
Other26/03/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates19/03/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates20/01/2021
DEMISSIONS, NOMINATIONS - DIVERS
PDF
Mandates26/07/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates02/08/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates14/08/2017
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates17/08/2016
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 202532,8 k €↑
2024
Annual accounts 2024-15,9 k €↓
2023
Annual accounts 2023-11,9 k €↑
2022
Annual accounts 2022-42,9 k €↓
2021
Annual accounts 202111,7 k €↓
2020
Annual accounts 202057,7 k €↓
2019
Annual accounts 2019110,2 k €↑
2018
Annual accounts 201834 k €↓
2017
Annual accounts 201759,8 k €↑
2016
Annual accounts 2016
2015
Annual accounts 2015
2014
Annual accounts 201441,2 k €↓
2013
Annual accounts 201392 k €↑
2011
Annual accounts 201147,6 k €↑
2010
Annual accounts 2010-38,6 k €↓
2009
Annual accounts 200938,3 k €↓
2008
Annual accounts 2008101,4 k €↓
2007
Annual accounts 2007368,9 k €
20/09/1977
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 Bourgeons

Overview

What does Les Bourgeons do?

Trend over 18 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