ACTIVE

Centre de cure et de postcure Les Hautes Fagnes a.s.b.l

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Financial year 2025 · Closed on 31/12/2025

Net result157,5 k €-12,2 %over 1 year

Revenue3,7 M €+6,3 %over 1 year

Equity3,8 M €+4,3 %over 1 year

Workforce36,9 ETP+0,5 %over 1 year

Identity

Source · BCE/KBO

Centre de cure et de postcure Les Hautes Fagnes a.s.b.l is a Non-profit organization incorporated in 1979. Its main activity is: General secondary education. Its registered office is in Malmedy. It employs on average 36,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0419.560.434
Incorporation: 23/05/1979
Legal form: Non-profit organization
Registered office: Rue Malgrave 1
4960 Malmedy · WallonieSee on map
Latest accounts: 31/12/2025
Average workforce: 36,9 ETP

Activities (NACE)

85316General secondary education· main 87204Residential care activities for mental retardation, mental health and substance abuse 87204Residential care activities for mental retardation, mental health and substance abuse

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	3,7 M €	+6.3%	3,5 M €	+3.1%	3,4 M €	+6.1%	3,2 M €	+6.6%	3 M €
EBITDA	304,7 k €	+2.1%	298,4 k €	+161%	114,2 k €	-32.6%	169,4 k €	-35.2%	261,2 k €
Operating result	126,9 k €	-4.7%	133,1 k €	+371%	-49,2 k €	-1665%	3,1 k €	-98.3%	181,4 k €
Net result	157,5 k €	-12.2%	179,4 k €	+639%	-33,3 k €	-643%	-4,5 k €	-103%	177,4 k €
Balance sheet
Equity	3,8 M €	+4.3%	3,6 M €	+5.2%	3,4 M €	-1.0%	3,5 M €	-0.2%	3,5 M €
Total assets	4,9 M €	+0.4%	4,9 M €	+3.3%	4,8 M €	-0.4%	4,8 M €	+10.9%	4,3 M €
Cash	739,6 k €	-54.1%	1,6 M €	+177%	581,1 k €	-66.9%	1,8 M €	-42.2%	3 M €
Debts	1,2 M €	-10.6%	1,3 M €	-0.5%	1,3 M €	+0.6%	1,3 M €	+56.2%	842,9 k €
Other
Workforce	36,9 ETP	+0.5%	36,7 ETP	-5.9%	39,0 ETP	-5.3%	41,2 ETP	+8.7%	37,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

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
Hubert CREMERS	Director24/06/2019 → 16/06/2028
JACQUELINE BOULANGER	Director20/06/2022 → 16/06/2028
PHILIPPE NOEL	Director16/06/2025 → 16/06/2028
Serge CATHENIS	Director29/06/2020 → 29/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Roland RAUW	Chairman of the board of directors19/06/2023 → 29/06/2026
GINETTE FABRITIUS	Director22/01/2024 → 29/06/2026
JESSICA BINOT	Director22/01/2024 → 29/06/2026

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	09/06/2026	23/06/2025	11/06/2024	20/06/2023	22/06/2022	18/06/2021
General meeting	08/06/2026	16/06/2025	10/06/2024	19/06/2023	20/06/2022	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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	08/06/2026	09/06/2026	French	PDF
Abridged model	31/12/2024	16/06/2025	23/06/2025	French	PDF
Abridged model	31/12/2023	10/06/2024	11/06/2024	French	PDF
Abridged model	31/12/2022	19/06/2023	20/06/2023	French	PDF
Abridged model	31/12/2021	20/06/2022	22/06/2022	French	PDF
Abridged model	31/12/2020	14/06/2021	18/06/2021	French	PDF
Abridged model	31/12/2019	29/06/2020	30/06/2020	French	PDF
Abridged model	31/12/2018	24/06/2019	26/06/2019	French	PDF
Abridged model	31/12/2017	18/06/2018	26/06/2018	French	PDF
Abridged model	31/12/2016	20/06/2017	27/06/2017	French	PDF
Abridged model	31/12/2015	13/06/2016	21/06/2016	French	PDF
Abridged model	31/12/2014	22/06/2015	24/06/2015	French	PDF
Abridged model	31/12/2013	16/06/2014	18/06/2014	French	PDF
Abridged model	31/12/2012	17/06/2013	21/06/2013	French	PDF
Abridged model	31/12/2011	18/06/2012	20/06/2012	French	PDF
Abridged model	31/12/2010	21/06/2011	22/06/2011	French	PDF
Abridged model	31/12/2009	14/06/2010	16/06/2010	French	PDF
Abridged model	31/12/2008	15/06/2009	22/06/2009	French	PDF
Abridged model	31/12/2007	17/06/2008	20/06/2008	French	PDF
Abridged model	31/12/2006	19/06/2007	21/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

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
Hubert CREMERS	Director24/06/2019 → 16/06/2028
JACQUELINE BOULANGER	Director20/06/2022 → 16/06/2028
PHILIPPE NOEL	Director16/06/2025 → 16/06/2028
Serge CATHENIS	Director29/06/2020 → 29/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Roland RAUW	Chairman of the board of directors19/06/2023 → 29/06/2026
GINETTE FABRITIUS	Director22/01/2024 → 29/06/2026
JESSICA BINOT	Director22/01/2024 → 29/06/2026

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/06/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates12/05/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates30/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates09/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates15/02/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates09/08/2023
DEMISSIONS, NOMINATIONS
PDF
Other26/08/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates16/08/2022
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

Filings19 filings

Mandates

PHILIPPE NOEL

JACQUELINE BOULANGER

Hubert CREMERS

Serge CATHENIS

Roland RAUW

GINETTE FABRITIUS

JESSICA BINOT

Simon DETHIER

Freddy GENTGES

Adrienne THOMAS

Marie-France GILARD

Emile BINOT

and 1 more mandate

19791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

Centre de cure et de postcure Les Hautes Fagnes a.s.b.l

Rue Malgrave 1, 4960 Malmedy

Director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Malgrave 1, 4960 MalmedyCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00147129

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Centre de cure et de postcure Les Hautes Fagnes a.s.b.lCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00147129

Events

2025
Annual accounts 2025157,5 k €↓
2024
Annual accounts 2024179,4 k €↑
2023
Annual accounts 2023-33,3 k €↓
2022
Annual accounts 2022-4,5 k €↓
2021
Annual accounts 2021177,4 k €↑
2020
Annual accounts 2020-4,6 k €↓
2019
Annual accounts 201947 k €↑
2018
Annual accounts 2018-55,2 k €↓
2017
Annual accounts 2017133,9 k €↑
2016
Annual accounts 201678,1 k €↓
2015
Annual accounts 2015126,5 k €↑
2014
Annual accounts 201488,1 k €↑
2013
Annual accounts 2013-101,3 k €↓
2012
Annual accounts 201296,1 k €↓
2011
Annual accounts 2011111,6 k €↓
2010
Annual accounts 2010174,8 k €↑
2009
Annual accounts 2009-29,4 k €↓
2008
Annual accounts 2008186,8 k €↑
2007
Annual accounts 2007-14,2 k €
23/05/1979
IncorporationNon-profit organization

Centre de cure et de postcure Les Hautes Fagnes a.s.b.l

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