ACTIVE

La Maison de Musti

Financial year 2025 · Closed on 31/12/2025

Net result188,8 k €+401,7 %over 1 year
Gross margin3,5 M €+13,9 %over 1 year
Equity638,1 k €+42,0 %over 1 year
Workforce68,7 ETP+10,1 %over 1 year

Identity

Source · BCE/KBO

La Maison de Musti is a Non-profit organization incorporated in 1979. Its main activity is: Technical and vocational secondary education. Its registered office is in Montigny-le-Tilleul. It employs on average 68,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0420.082.353
Incorporation
28/12/1979
Legal form
Non-profit organization
Registered office
Avenue des Eglantines 20
6110 Montigny-le-Tilleul · WallonieSee on map
Latest accounts
31/12/2025
Average workforce
68,7 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 6 filings

Trend over 6 financial years

20252024202320222021
Income statement
Gross margin3,5 M €3,1 M €2,8 M €2 M €1,8 M €
EBITDA187,1 k €-61,1 k €-8 k €-121,2 k €214,8 k €
Operating result186,3 k €-63,1 k €-10 k €-122,3 k €214,8 k €
Net result188,8 k €-62,6 k €-10 k €-123,8 k €235,3 k €
Balance sheet
Equity638,1 k €449,3 k €511,9 k €521,9 k €645,7 k €
Total assets1,3 M €1,1 M €1,3 M €1 M €1 M €
Cash835,7 k €746,7 k €1 M €734,3 k €689,4 k €
Debts694,7 k €646,1 k €606,4 k €491,7 k €353,5 k €
Other
Workforce68,7 ETP62,4 ETP60,0 ETP42,0 ETP42,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

Anne-Marie Hagon

Mandate

Active
Isabelle Degueldre

Mandate

Active
Sandrine Herpain

Mandate

Active

Ended mandates

Anne-Marie Corbisier

Mandate

Ended
Anne-Marie Corbisier

Director

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date21/08/202620/08/202528/08/202431/08/202320/07/202207/09/2021
General meeting30/06/202630/06/202530/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202621/08/2026FrenchPDF
Abridged model31/12/202430/06/202520/08/2025FrenchPDF
Abridged model31/12/202330/06/202428/08/2024FrenchPDF
Abridged model31/12/202230/06/202331/08/2023FrenchPDF
Abridged model31/12/202130/06/202220/07/2022FrenchPDF
Abridged model31/12/202030/06/202107/09/2021FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

Anne-Marie Hagon

Mandate

Active
Isabelle Degueldre

Mandate

Active
Sandrine Herpain

Mandate

Active

Ended mandates

Anne-Marie Corbisier

Mandate

Ended
Anne-Marie Corbisier

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other11/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office27/08/2020
    SIEGE SOCIAL
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025188,8 k €↑
  2. 2024
    Annual accounts 2024-62,6 k €↓
  3. 2023
    Annual accounts 2023-10 k €↑
  4. 2022
    Annual accounts 2022-123,8 k €↓
  5. 2021
    Annual accounts 2021235,3 k €↑
  6. 2020
    Annual accounts 2020-68,1 k €
  7. 28/12/1979
    IncorporationNon-profit organization