ACTIVE

Recherche-Action sur la Psychiatrie et les Alternatives/L'autre lieu

Financial year 2025 · Closed on 31/12/2025

Net result21,3 k €-46,0 %over 1 year

Gross margin588,2 k €+1,6 %over 1 year

Equity181,1 k €+13,3 %over 1 year

Identity

Source · BCE/KBO

Recherche-Action sur la Psychiatrie et les Alternatives/L'autre lieu is a Non-profit organization incorporated in 1978. Its main activity is: Technical and vocational secondary education. Its registered office is in Bruxelles.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0419.261.912
Incorporation: 22/12/1978
Legal form: Non-profit organization
Registered office: Rue de la Clé 5
1000 Bruxelles · BruxellesSee on map
Latest accounts: 31/12/2025

Activities (NACE)

85323Technical and vocational secondary education· main 88999Other social work activities without accommodation n.e.c.88999Other social work activities without accommodation n.e.c.86109Hospital activities 86109Hospital activities

Joint committees (2)

332
3320

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 16 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	588,2 k €	+1.6%	578,8 k €	+3.7%	558,3 k €	+12.4%	496,6 k €	+9.1%	455,1 k €
EBITDA	21,6 k €	-45.8%	39,8 k €	+31.6%	30,3 k €	+783%	-4,4 k €	-142%	10,5 k €
Operating result	21,5 k €	-45.9%	39,7 k €	+35.0%	29,4 k €	+604%	-5,8 k €	-169%	8,5 k €
Net result	21,3 k €	-46.0%	39,5 k €	+26.3%	31,3 k €	+565%	-6,7 k €	-188%	7,6 k €
Balance sheet
Equity	181,1 k €	+13.3%	159,8 k €	+32.8%	120,3 k €	+35.1%	89,1 k €	-7.0%	95,8 k €
Total assets	275 k €	+1.9%	269,8 k €	+25.8%	214,6 k €	+28.2%	167,3 k €	+1.2%	165,3 k €
Cash	190,6 k €	+3.1%	184,9 k €	+22.8%	150,6 k €	+58.0%	95,3 k €	+1.5%	93,9 k €
Debts	93,8 k €	-14.7%	110 k €	+16.8%	94,2 k €	+21.6%	77,5 k €	+12.1%	69,1 k €
Other
Workforce	–		–		9,3 ETP	+1.1%	9,2 ETP	+2.2%	9,0 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 31/12/2025

4 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ALEVANTIS HELENE	Directorsince 26/06/2023
DAMIEN DUPUIS	Directorsince 09/12/2019
MORENO BORIANI	Directorsince 09/12/2019
MOUNIA AHAMMAD	Directorsince 23/06/2008Mandateended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Catherine Plenevaux	Director09/12/2019 → 26/06/2023

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro 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	30/06/2026	17/06/2025	18/06/2024	27/06/2023	14/06/2022	13/12/2021
General meeting	22/06/2026	11/06/2025	06/06/2024	26/06/2023	02/06/2022	16/06/2021
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, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	22/06/2026	30/06/2026	French	PDF
Micro model	31/12/2024	11/06/2025	17/06/2025	French	PDF
Abridged model	31/12/2023	06/06/2024	18/06/2024	French	PDF
Abridged model	31/12/2022	26/06/2023	27/06/2023	French	PDF
Abridged model	31/12/2021	02/06/2022	14/06/2022	French	PDF
Abridged model	31/12/2020	16/06/2021	13/12/2021	French	PDF
Abridged model	31/12/2019	14/07/2020	24/09/2020	French	PDF
Abridged modelCorrection	31/12/2018	22/05/2019	23/07/2020	French	PDF
Abridged model	31/12/2018	22/05/2019	21/08/2019	French	PDF
Abridged model	31/12/2017	26/06/2018	16/07/2018	French	PDF
Abridged model	31/12/2015	21/06/2016	13/07/2016	French	PDF
Abridged model	31/12/2014	24/06/2015	28/07/2015	French	PDF
Abridged model	31/12/2012	04/06/2013	01/10/2013	French	PDF
Abridged model	31/12/2011	05/06/2012	28/06/2012	French	PDF
Abridged model	31/12/2010	28/06/2011	13/07/2011	French	PDF
Abridged model	31/12/2009	22/06/2010	23/07/2010	French	PDF
Abridged model	31/12/2008	25/06/2009	19/08/2009	French	PDF
Abridged model	31/12/2007	23/06/2008	30/07/2008	French	PDF
Abridged model	31/12/2006	12/06/2007	20/02/2008	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 31/12/2025

4 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ALEVANTIS HELENE	Directorsince 26/06/2023
DAMIEN DUPUIS	Directorsince 09/12/2019
MORENO BORIANI	Directorsince 09/12/2019
MOUNIA AHAMMAD	Directorsince 23/06/2008Mandateended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Catherine Plenevaux	Director09/12/2019 → 26/06/2023

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other14/07/2026
—
PDF
Mandates17/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates17/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates28/07/2023
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates28/06/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates10/01/2022
DEMISSIONS, NOMINATIONS
PDF
Other13/10/2021
DIVERS
PDF
Mandates09/01/2020
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

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings16 filings

Mandates

MORENO BORIANI

ALEVANTIS HELENE

MOUNIA AHAMMAD

DAMIEN DUPUIS

Catherine Plenevaux

Jurrie Caels

Mira Goldwicht

Charles Burquel

Fabienne VAN BUGGENHOUT

1978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

RAPA ASBLRecherche-Action sur la Psychiatrie et les Alternatives lLautre liieu

Rue de la Clé 5, 1000 Brussels

Director

Chairman of the board of directors

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de la Clé 5, 1000 BrusselsCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00236047

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Recherche-Action sur la Psychiatrie et les Alternatives/L'autre lieuCurrent		CBE
RAPA ASBL	accounts 2024 → 2025	Accounts 2025 · 2026-00236047
Recherche-Action sur la Psychiatrie et les Alternatives/L'autre lieu	accounts 2023	Accounts 2023 · 2024-00142521
Recherche-Action sur la Psychiatrie et les Alternatives lLautre liieu	accounts 2007 → 2022	Accounts 2022 · 2023-00170227

Events

2025
Annual accounts 202521,3 k €↓
2024
Annual accounts 202439,5 k €↑
2024
Name changeRAPA ASBL
2023
Annual accounts 202331,3 k €↑
2023
Name changeRecherche-Action sur la Psychiatrie et les Alternatives/L'autre lieu
2022
Annual accounts 2022-6,7 k €↓
2021
Annual accounts 20217,6 k €↑
2020
Annual accounts 20205,8 k €↑
2019
Annual accounts 2019-5,3 k €↓
2018
Annual accounts 201810,5 k €↓
2017
Annual accounts 201738,8 k €↑
2015
Annual accounts 2015120 €↑
2012
Annual accounts 2012-82 €↑
2011
Annual accounts 2011-8,2 k €↓
2010
Annual accounts 2010-190 €↑
2009
Annual accounts 2009-437 €↑
2008
Annual accounts 2008-26,6 k €↓
2007
Annual accounts 2007442 €
22/12/1978
IncorporationNon-profit organization

Recherche-Action sur la Psychiatrie et les Alternatives/L'autre lieu

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events