ACTIVE

Fondation Reine Paola

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Financial year 2025 · Closed on 31/12/2025

Net result-1,1 M €-447,9 %over 1 year

Revenue117,7 k €

Equity11,4 M €+898,4 %over 1 year

Workforce5,9 ETP+227,8 %over 1 year

Identity

Source · BCE/KBO

Fondation Reine Paola is a Public utility foundation incorporated in 1978. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Ixelles. It employs on average 5,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0418.089.301
Incorporation: 25/01/1978
Legal form: Public utility foundation
Registered office: Avenue Louise 367
1050 Ixelles · BruxellesSee on map
Latest accounts: 31/12/2025
Average workforce: 5,9 ETP

Activities (NACE)

91330Libraries, archives, museums and other cultural activities· main 94999Activities of other membership organisations n.e.c.94999Activities of other membership organisations n.e.c.

Joint committees (1)

Signals

Solid equityHealthy social debts

Financials

Source · NBB, 23 filings

Trend over 12 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	117,7 k €		–		–		–		374,7 k €
EBITDA	-1 M €	-475%	273,2 k €	+263%	-167,7 k €	+61.7%	-438,4 k €	-1595%	29,3 k €
Operating result	-1,1 M €	-485%	273,2 k €	+261%	-169,9 k €	+61.8%	-444,6 k €	-2020%	23,2 k €
Net result	-1,1 M €	-448%	319,8 k €	+298%	-161,5 k €	+65.5%	-468,6 k €	-2447%	20 k €
Balance sheet
Equity	11,4 M €	+898%	1,1 M €	+38.7%	826,9 k €	-16.3%	988,5 k €	-32.2%	1,5 M €
Total assets	15,8 M €	+1037%	1,4 M €	+28.0%	1,1 M €	-21.1%	1,4 M €	-12.2%	1,6 M €
Cash	1,8 M €	+66.6%	1,1 M €	+316%	260,6 k €	+10.8%	235,2 k €	-28.8%	330,2 k €
Debts	4 M €	+10084%	39 k €	-84.7%	255,7 k €	-33.3%	383,2 k €	+1065%	32,9 k €
Other
Workforce	5,9 ETP	+228%	1,8 ETP	+20.0%	1,5 ETP	-28.6%	2,1 ETP	-4.5%	2,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

17 active · 36 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Karsten De Clerck	Directorsince 12/08/2025
Christiaan Hoorne	Directorsince 31/03/2025
Jean-Luc Cottyn	Directorsince 31/03/2025
Philippe Deschamps	Directorsince 31/03/2025
Heidi De Pauw	Director11/03/2019 → 11/03/2027Vice-chairman of the board of directorslisted until the 2024 accountsendedMandate11/03/2019 → 2019 accountsended
Xavier Van Campenhout	Director21/09/2020 → 21/09/2028Mandate21/09/2020 → 2020 accountsended
Eric Jacobs	Director21/06/2004 → 21/06/2028
Stanislas Peel	Director17/06/2013 → 18/06/2026
Etienne Denoel	Director29/11/2022 → 31/03/2025
Thierry Le Grelle	Directorsince 14/06/2022Chairman of the board of directors14/06/2022 → 2024 accountsended
Vincent Houssiau	Directorsince 14/06/2022
Hilde Kieboom	Director10/06/2002 → 15/06/2026Vice-chairman of the board of directors10/06/2002 → 2023 accountsended
Fabienne Legrand	Director17/06/2013 → 17/06/2025
Piet Van Speybroeck	Director17/06/2013 → 17/06/2025
Michel Flohimont	Directorsince 17/06/2019
Jan Engels	Director11/03/2019 → 11/03/2027Mandate11/03/2019 → 2019 accountsended
Thierry Bouckaert	Director10/12/2018 → 10/12/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Vincent Pardoen	Director22/06/2024 → 13/06/2023
Etienne Denoel	Director29/11/2022 → 2024 accounts
Marc Beyens	Director14/06/2022 → 2023 accounts

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Avenue Louise 367 1050 Ixelles

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ACIES UNIT● Active	1032.093.262
AC INTEGRATOR● Active	1042.611.626
A.C.I. RENOVATION● Bankrupt	0718.650.531
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Administratiekantoor Infinity Team● Active	0784.728.119
ADVOCATENKANTOOR GUDRUN VAN CALBERGH● Active	0477.082.919
AEROMEIT● Active	1033.934.579
AGL KALO● Active	1019.456.835
AIDE SERVICES & CONSEILS● Active	0768.943.150
AJP ADVISORY● Active	0791.524.948
AKATSA● Active	1011.876.284
Akoniti● Active	0797.886.861
AK PRO● Bankrupt	0747.924.042
A&L COMPANY● Bankrupt	0760.807.028
ALEKTOR● Active	0554.840.394

Full financial information

Source · NBB

	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	22/06/2026	11/06/2025	22/07/2024	14/06/2023	20/01/2023	30/06/2021
General meeting	09/06/2026	12/03/2025	04/06/2024	13/06/2023	14/06/2022	14/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 23 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	09/06/2026	22/06/2026	Dutch	PDF
Abridged model	31/12/2024	12/03/2025	11/06/2025	French	PDF
Abridged model	31/12/2024	12/03/2025	11/06/2025	Dutch	PDF
Abridged model	31/12/2023	04/06/2024	22/07/2024	Dutch	PDF
Abridged model	31/12/2023	04/06/2024	22/07/2024	French	PDF
Abridged model	31/12/2022	13/06/2023	14/06/2023	French	PDF
Abridged model	31/12/2022	13/06/2023	14/06/2023	Dutch	PDF
Abridged model	31/12/2021	14/06/2022	20/01/2023	Dutch	PDF
Abridged model	31/12/2021	14/06/2022	20/01/2023	French	PDF
Abridged model	31/12/2020	14/06/2021	30/06/2021	French	PDF
Abridged model	31/12/2020	14/06/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	08/06/2020	11/08/2020	French	PDF
Abridged model	31/12/2019	08/06/2020	11/08/2020	Dutch	PDF
Abridged model	31/12/2018	17/06/2019	05/07/2019	French	PDF
Abridged model	31/12/2018	17/06/2019	05/07/2019	Dutch	PDF
Abridged model	31/12/2017	11/06/2018	11/07/2018	Dutch	PDF
Abridged model	31/12/2017	11/06/2018	11/07/2018	French	PDF
Abridged model	31/12/2016	19/06/2017	12/07/2017	French	PDF
Abridged model	31/12/2016	19/06/2017	12/07/2017	Dutch	PDF
Abridged model	31/12/2015	22/06/2016	06/07/2016	Dutch	PDF
Abridged model	31/12/2015	22/06/2016	05/07/2016	French	PDF
Abridged model	31/12/2011	21/06/2012	25/07/2012	Dutch	PDF
Abridged model	31/12/2011	21/06/2012	25/07/2012	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

17 active · 36 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Karsten De Clerck	Directorsince 12/08/2025
Christiaan Hoorne	Directorsince 31/03/2025
Jean-Luc Cottyn	Directorsince 31/03/2025
Philippe Deschamps	Directorsince 31/03/2025
Heidi De Pauw	Director11/03/2019 → 11/03/2027Vice-chairman of the board of directorslisted until the 2024 accountsendedMandate11/03/2019 → 2019 accountsended
Xavier Van Campenhout	Director21/09/2020 → 21/09/2028Mandate21/09/2020 → 2020 accountsended
Eric Jacobs	Director21/06/2004 → 21/06/2028
Stanislas Peel	Director17/06/2013 → 18/06/2026
Etienne Denoel	Director29/11/2022 → 31/03/2025
Thierry Le Grelle	Directorsince 14/06/2022Chairman of the board of directors14/06/2022 → 2024 accountsended
Vincent Houssiau	Directorsince 14/06/2022
Hilde Kieboom	Director10/06/2002 → 15/06/2026Vice-chairman of the board of directors10/06/2002 → 2023 accountsended
Fabienne Legrand	Director17/06/2013 → 17/06/2025
Piet Van Speybroeck	Director17/06/2013 → 17/06/2025
Michel Flohimont	Directorsince 17/06/2019
Jan Engels	Director11/03/2019 → 11/03/2027Mandate11/03/2019 → 2019 accountsended
Thierry Bouckaert	Director10/12/2018 → 10/12/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Vincent Pardoen	Director22/06/2024 → 13/06/2023
Etienne Denoel	Director29/11/2022 → 2024 accounts
Marc Beyens	Director14/06/2022 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates07/09/2026
BENOEMING VAN TWEE BESTUURDERS
PDF
Mandates07/09/2026
Nomination administratrices
PDF
Mandates09/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/06/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates23/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/04/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates13/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/02/2026
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings12 filings

Mandates

Karsten De Clerck

Philippe Deschamps

Jean-Luc Cottyn

Christiaan Hoorne

Xavier Van Campenhout

Eric Jacobs

Stanislas Peel

Etienne Denoel

Vincent Houssiau

Thierry Le Grelle

Hilde Kieboom

Michel Flohimont

and 41 more mandates

1978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Fondation Reine PaolaFondation Reine Paola - Stichting Koningin Paola

Avenue Louise 367, 1050 IxellesAvenue A.J. Slegers 356 bte 17, 1200 Woluwe-Saint-Lambert

Director

DirectorChairman of the board of directors

DirectorVice-chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue Louise 367, 1050 IxellesCurrent	accounts 2025	Accounts 2025 · 2026-00182975
Avenue A.J. Slegers 356 bte 17, 1200 Woluwe-Saint-Lambert	accounts 2021 → 2024	Accounts 2024 · 2025-00130450

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Fondation Reine PaolaCurrent	accounts 2025	Accounts 2025 · 2026-00182975
Stichting Koningin Paola	accounts 2024	Accounts 2024 · 2025-00130441
Fondation Reine Paola	accounts 2024	Accounts 2024 · 2025-00130450
Fondation Reine Paola - Stichting Koningin Paola	accounts 2023	Accounts 2023 · 2024-00267815
STICHTING KONINGIN PAOLA	accounts 2022	Accounts 2022 · 2023-00124777
FONDATION REINE PAOLA	accounts 2022	Accounts 2022 · 2023-00124785
FONDATION REINE PAOLA	accounts 2021	Accounts 2021 · 2023-00001012
Fondation Reine Paola - Stichting Koningin Paola	accounts 2011 → 2020	Accounts 2020 · 2021-28700141

Events

2025
Annual accounts 2025-1,1 M €↓
2025
Name changeFondation Reine Paola
2024
Annual accounts 2024319,8 k €↑
2024
Name changeFondation Reine Paola
2024
Name changeStichting Koningin Paola
2023
Annual accounts 2023-161,5 k €↑
2023
Name changeFondation Reine Paola - Stichting Koningin Paola
2022
Annual accounts 2022-468,6 k €↓
2022
Name changeFONDATION REINE PAOLA
2022
Name changeSTICHTING KONINGIN PAOLA
2021
Annual accounts 202120 k €↑
2021
Name changeFONDATION REINE PAOLA
2020
Annual accounts 2020-65,7 k €↑
2019
Annual accounts 2019-98,5 k €↑
2018
Annual accounts 2018-135,1 k €↓
2017
Annual accounts 201723,8 k €↑
2016
Annual accounts 2016-5,2 k €↓
2015
Annual accounts 201542,3 k €↓
2011
Annual accounts 2011129 k €
25/01/1978
IncorporationPublic utility foundation

Fondation Reine Paola

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

Registered offices

Company names

Events