ACTIVE

Action et Recherche culturelles

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Financial year 2025 · Closed on 31/12/2025

Net result52,9 k €+5 711,8 %over 1 year

Revenue128,3 k €-8,3 %over 1 year

Equity149,3 k €+54,0 %over 1 year

Workforce24,2 ETP+7,1 %over 1 year

Identity

Source · BCE/KBO

Action et Recherche culturelles is a Non-profit organization incorporated in 1978. Its main activity is: Other education n.e.c.. Its registered office is in Bruxelles. It employs on average 24,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0418.719.207
Incorporation: 28/06/1978
Legal form: Non-profit organization
Registered office: Rue de l'Association 20
1000 Bruxelles · BruxellesSee on map
Latest accounts: 31/12/2025
Average workforce: 24,2 ETP

Activities (NACE)

85593Other education n.e.c.· main 85593Other education n.e.c.

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 10 filings

Trend over 9 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	128,3 k €	-8.3%	140 k €	+27.5%	109,8 k €	+68.1%	65,3 k €	+91.6%	34,1 k €
EBITDA	64,7 k €	+252%	18,4 k €	-58.3%	44,1 k €	-23.5%	57,7 k €	+31295%	-185 €
Operating result	53,6 k €	+3658%	1,4 k €	-95.0%	28,4 k €	-31.7%	41,7 k €	+574%	-8,8 k €
Net result	52,9 k €	+5712%	-942,9 €	-103%	27,6 k €	-27.1%	37,8 k €	+499%	-9,5 k €
Balance sheet
Equity	149,3 k €	+54.0%	96,9 k €	-8.2%	105,6 k €	+23.2%	85,7 k €	+168%	32 k €
Total assets	500,3 k €	+29.2%	387,3 k €	+14.8%	337,3 k €	+14.0%	295,9 k €	+15.0%	257,2 k €
Cash	311 k €	+66.5%	186,8 k €	-28.9%	262,8 k €	+45.3%	180,9 k €	-4.0%	188,4 k €
Debts	270,2 k €	+7.2%	252 k €	+25.5%	200,7 k €	-2.6%	206,1 k €	+31.2%	157,1 k €
Other
Workforce	24,2 ETP	+7.1%	22,6 ETP	+9.2%	20,7 ETP	+10.1%	18,8 ETP	+11.2%	16,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 30 ended

Active mandates

Amélie RIGAUX

Director · since 19 juin 2023

Active

Frédéric MOREAU DE BELLAING

Director · since 19 juin 2023

Active

Stéphane MANSY

Director · since 19 juin 2023

Active

Jean-Pierre LAHAYE

Director · since 20 juin 2022

Active

Claire DEMOULIN

Director · since 14 juillet 2020

Active

Fernand-Daniel DUSTIN

Director · since 14 juillet 2020

Active

LUC BOURDOUX

Director · since 19 juin 2019

Active

Ended mandates

Claire DEMOULIN

Director · since 16 juillet 2020

Ended

Clément CROHAIN

Chairman of the board of directors · since 16 juillet 2020 · until 11 décembre 2022

Ended

Clément CROHAIN

Chairman of the board of directors · since 16 juillet 2020

Ended

Fernand-Daniel DUSTIN

Mandate · since 16 juillet 2020

Ended

Other companies at this address

Rue de l'Association 20 1000 Bruxelles

Company	CBE no.
Perspectives● Active	0413.555.936
Young European Union - Russia● Active	0807.439.084

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	26/06/2026	08/07/2025	24/06/2024	21/06/2023	29/06/2022	03/08/2021
General meeting	22/06/2026	16/06/2025	28/02/2024	19/06/2023	20/06/2022	04/06/2021
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, 10 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	22/06/2026	26/06/2026	French	PDF
Abridged model	31/12/2024	16/06/2025	08/07/2025	French	PDF
Abridged model	31/12/2023	28/02/2024	24/06/2024	French	PDF
Abridged model	31/12/2022	19/06/2023	21/06/2023	French	PDF
Abridged model	31/12/2021	20/06/2022	29/06/2022	French	PDF
Abridged model	31/12/2020	04/06/2021	03/08/2021	French	PDF
Abridged model	31/12/2019	16/07/2020	23/11/2020	French	PDF
Abridged modelCorrection	31/12/2018	20/06/2019	27/08/2019	French	PDF
Abridged model	31/12/2018	20/06/2019	03/07/2019	French	PDF
Abridged model	31/12/2017	08/06/2018	30/11/2018	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

7 active · 30 ended

Active mandates

Amélie RIGAUX

Director · since 19 juin 2023

Active

Frédéric MOREAU DE BELLAING

Director · since 19 juin 2023

Active

Stéphane MANSY

Director · since 19 juin 2023

Active

Jean-Pierre LAHAYE

Director · since 20 juin 2022

Active

Claire DEMOULIN

Director · since 14 juillet 2020

Active

Fernand-Daniel DUSTIN

Director · since 14 juillet 2020

Active

LUC BOURDOUX

Director · since 19 juin 2019

Active

Ended mandates

Claire DEMOULIN

Director · since 16 juillet 2020

Ended

Clément CROHAIN

Chairman of the board of directors · since 16 juillet 2020 · until 11 décembre 2022

Ended

Clément CROHAIN

Chairman of the board of directors · since 16 juillet 2020

Ended

Fernand-Daniel DUSTIN

Mandate · since 16 juillet 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/09/2026
Nomination / Démission
PDF
Other12/09/2025
PV Assemblée du 16/06/2025-
PDF
Mandates12/03/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates28/07/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates30/11/2021
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates23/07/2021
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates22/07/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates15/06/2010
DEMISSIONS, NOMINATIONS
PDF

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

See the Business plan

Timeline

2025
Annual accounts 202552,9 k €↑
2024
Annual accounts 2024-942,9 €↓
2023
Annual accounts 202327,6 k €↓
2022
Annual accounts 202237,8 k €↑
2021
Annual accounts 2021-9,5 k €↓
2020
Annual accounts 202023,9 k €↑
2019
Annual accounts 20196,5 k €↓
2018
Annual accounts 201810,6 k €↑
2017
Annual accounts 2017-3,5 k €
28/06/1978
IncorporationNon-profit organization

Action et Recherche 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