ACTIVE

Felies

Financial year 2025 · Closed on 31/12/2025

Net result
714,4 k €
+63,5 %over 1 year
Revenue
9,8 M €
+7,9 %over 1 year
Equity
3,1 M €
+30,0 %over 1 year
Workforce
283,8 ETP
-0,5 %over 1 year

Identity

Source · BCE/KBO

Felies is a Non-profit organization incorporated in 1979. Its main activity is: Technical and vocational secondary education. Its registered office is in Schaerbeek. It employs on average 283,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0420.427.890
Incorporation
17/12/1979
Legal form
Non-profit organization
Registered office
Avenue Britsiers 5
1030 Schaerbeek · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
283,8 ETP
Joint committees (2)
  • 318
  • 331
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue9,8 M €9,1 M €8,4 M €7,5 M €7 M €
EBITDA745,6 k €442,2 k €694,7 k €-432 k €70,9 k €
Operating result651,4 k €362,2 k €610,7 k €-516,1 k €-4 k €
Net result714,4 k €437,1 k €621,9 k €-517,7 k €-4,8 k €
Balance sheet
Equity3,1 M €2,4 M €1,9 M €1,2 M €1,8 M €
Total assets7 M €5,9 M €5 M €4,8 M €4,3 M €
Cash572,2 k €929,1 k €2,5 M €2,2 M €1,9 M €
Debts3,4 M €3,2 M €3 M €3,4 M €2,2 M €
Other
Workforce283,8 ETP285,1 ETP277,1 ETP244,2 ETP178,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

9 active · 75 ended

Active mandates

Sarah De Coster

Director · since 13 juin 2025

Active
Jolien De Norre

Director · since 20 juin 2023

Active
Marlise Beckers

Director · since 15 juin 2021

Active
Greet Luypaert

Director · since 04 juin 2019

Active
Harlinde Exelmans

Director · since 04 juin 2019

Active
Joke Plouvier

Director · since 04 juin 2019

Active
Sandra Rosvelds

Chairman of the board of directors · since 04 juin 2019

Active
Sigrid Van Sever

Director · since 04 juin 2019

Active
Steven Hermans

Director · since 04 juin 2019 · until 13 juin 2025

Active

Ended mandates

Maarten Gerard

Director · since 16 juin 2020 · until 20 juin 2023

Ended
Maarten Gerard

Director · since 16 juin 2020

Ended
Martine Van de Walle

Director · since 16 juin 2020 · until 15 juin 2021

Ended
Martine Van de Walle

Director · since 16 juin 2020

Ended

Other companies at this address

Avenue Britsiers 5 1030 Schaerbeek
CompanyCBE no.
0600.804.439
ARCOFINLiquidation
0403.228.109
ARCOPARLiquidation
0442.733.140
ARCOPLUSLiquidation
0423.939.587
0850.332.880
0409.223.105
De MaekerijActive
0685.949.158
Felies JuniorActive
0866.171.002
FemmaActive
0410.339.989
GOVAKALiquidation
0451.798.779
0456.080.241
Projekt 2000Active
0439.202.043
RaakActive
0409.979.507
0410.646.035
0807.640.311

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date15/06/202623/06/202517/06/202402/07/202327/06/202224/06/2021
General meeting12/06/202613/06/202514/06/202420/06/202321/06/202215/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202512/06/202615/06/2026DutchPDF
Full model31/12/202413/06/202523/06/2025DutchPDF
Full model31/12/202314/06/202417/06/2024DutchPDF
Full model31/12/202220/06/202302/07/2023DutchPDF
Full model31/12/202121/06/202227/06/2022DutchPDF
Full model31/12/202015/06/202124/06/2021DutchPDF
Full model31/12/201916/06/202015/07/2020DutchPDF
Full model31/12/201804/06/201905/06/2019DutchPDF
Full model31/12/201705/06/201806/06/2018DutchPDF
Full model31/12/201613/06/201714/06/2017DutchPDF
Full model31/12/201520/06/201621/06/2016DutchPDF
Full model31/12/201415/06/201516/06/2015DutchPDF
Full model31/12/201317/06/201418/06/2014DutchPDF
Full model31/12/201218/06/201320/06/2013DutchPDF
Full model31/12/201119/06/201220/06/2012DutchPDF
Full model31/12/201014/06/201115/06/2011DutchPDF
Full model31/12/200922/06/201023/06/2010DutchPDF
Abridged model31/12/200822/06/200925/06/2009DutchPDF
Abridged model31/12/200712/06/200824/06/2008DutchPDF
Abridged model31/12/200614/06/200719/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

9 active · 75 ended

Active mandates

Sarah De Coster

Director · since 13 juin 2025

Active
Jolien De Norre

Director · since 20 juin 2023

Active
Marlise Beckers

Director · since 15 juin 2021

Active
Greet Luypaert

Director · since 04 juin 2019

Active
Harlinde Exelmans

Director · since 04 juin 2019

Active
Joke Plouvier

Director · since 04 juin 2019

Active
Sandra Rosvelds

Chairman of the board of directors · since 04 juin 2019

Active
Sigrid Van Sever

Director · since 04 juin 2019

Active
Steven Hermans

Director · since 04 juin 2019 · until 13 juin 2025

Active

Ended mandates

Maarten Gerard

Director · since 16 juin 2020 · until 20 juin 2023

Ended
Maarten Gerard

Director · since 16 juin 2020

Ended
Martine Van de Walle

Director · since 16 juin 2020 · until 15 juin 2021

Ended
Martine Van de Walle

Director · since 16 juin 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/07/2020
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates11/06/2020
    ONTSLAGEN - BENOEMINGEN
    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 2025714,4 k €
  2. 2024
    Annual accounts 2024437,1 k €
  3. 2023
    Annual accounts 2023621,9 k €
  4. 2022
    Annual accounts 2022-517,7 k €
  5. 2021
    Annual accounts 2021-4,8 k €
  6. 2020
    Annual accounts 2020119,5 k €
  7. 2019
    Annual accounts 201978 k €
  8. 2018
    Annual accounts 2018-115,7 k €
  9. 2017
    Annual accounts 201784,1 k €
  10. 2016
    Annual accounts 2016243,3 k €
  11. 2015
    Annual accounts 2015184,1 k €
  12. 2014
    Annual accounts 201461,7 k €
  13. 2013
    Annual accounts 2013-77,5 k €
  14. 2013
    Name changeFelies
  15. 2012
    Annual accounts 2012-6,6 k €
  16. 2011
    Annual accounts 2011-116 k €
  17. 2010
    Annual accounts 2010-123,6 k €
  18. 2009
    Annual accounts 200912,2 k €
  19. 2008
    Annual accounts 200883,8 k €
  20. 2008
    Name changeKinderopvang Kristelijke Arbeiders Vrouwenbeweging
  21. 17/12/1979
    IncorporationNon-profit organization