ACTIVE

THEATRE DE LIEGE ASBL-Théâtre d'Europe

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Financial year 2025 · Closed on 30/06/2025

Net result16,1 k €+123,9 %over 1 year

Gross margin4,3 M €+0,7 %over 1 year

Equity-263,8 k €+5,7 %over 1 year

Workforce74,6 ETP+17,1 %over 1 year

Identity

Source · BCE/KBO

THEATRE DE LIEGE ASBL-Théâtre d'Europe is a Non-profit organization incorporated in 1983. Its main activity is: Operation of arts facilities. Its registered office is in Liège. It employs on average 74,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0425.098.342
Incorporation: 22/11/1983
Legal form: Non-profit organization
Registered office: Place du Vingt-Août 16 box 1
4000 Liège · WallonieSee on map
Latest accounts: 30/06/2025
Average workforce: 74,6 ETP

Activities (NACE)

90041Operation of arts facilities· main 90311Creative, arts and entertainment activities 92321Gambling and betting activities 56309Beverage serving activities 56309Beverage serving activities 77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.+3

Joint committees (1)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 5 financial years

	2025		2024		2023		2022		2018
Income statement
Gross margin	4,3 M €	+0.7%	4,3 M €	+2.6%	4,2 M €	+26.2%	3,3 M €	+44.6%	2,3 M €
EBITDA	154 k €	+112%	72,5 k €	-7.7%	78,5 k €	+1634%	4,5 k €	+104%	-121,4 k €
Operating result	41,6 k €	+221%	-34,4 k €	-21.7%	-28,3 k €	+78.4%	-130,8 k €	+42.4%	-227 k €
Net result	16,1 k €	+124%	-67,1 k €	-25.2%	-53,6 k €	+66.1%	-158,3 k €	+39.3%	-261 k €
Balance sheet
Equity	-263,8 k €	+5.7%	-279,9 k €	-31.6%	-212,7 k €	-33.7%	-159,1 k €	+46.0%	-294,9 k €
Total assets	7,4 M €	+51.4%	4,9 M €	-0.9%	4,9 M €	+32.9%	3,7 M €	+10.7%	3,4 M €
Cash	1 M €	-14.3%	1,2 M €	+14.9%	1 M €	+101%	510,2 k €	+68.5%	302,8 k €
Debts	3,7 M €	+83.5%	2 M €	-16.9%	2,4 M €	+58.2%	1,5 M €	-16.5%	1,8 M €
Other
Workforce	74,6 ETP	+17.1%	63,7 ETP	-8.9%	69,9 ETP	+5.1%	66,5 ETP	+21.8%	54,6 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 30/06/2025

10 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean Pierre HUPKENS	Directorsince 05/10/2022
Anne-Sophie NYSSEN	Directorsince 09/12/2021
Clarisse RAMAKERS	Directorsince 09/12/2021
Eric BERTHO	Directorsince 01/06/2021
Nathalie MAUGER	Directorsince 08/12/2015
Robert NEYS	Directorsince 01/06/2021
Yves BEAUNESNE	Directorsince 01/06/2021
Ministère de la Communauté française0316.380.940Represented by Stephan TRIDETTI	Directorsince 01/06/2021
Province de Liège0207.725.104Represented by Laurence THOMASSEN	Directorsince 01/06/2021
Ville de Liège0207.343.933Represented by Julien NICAISE	Directorsince 01/06/2021

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Claude DEREGOWSKI	Directorsince 08/12/2015
Georges BOVY	Director

Other companies at this address

Place du Vingt-Août 16 4000 Liège

Company	CBE no.
Centre de Recherche et d'Expérimentation en Pédagogie artistique Crepa● Active	0433.927.025
CUCINA VERVIERS● Active	0876.885.443
LES AMIS DU THEATRE DE LIÈGE● Active	0881.570.345
Les Arts● Active	0427.628.953
TRIUMVIRAT● Bankrupt	0707.930.249

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/12/2025	06/12/2024	15/12/2023	14/12/2022	17/12/2021	05/01/2021
General meeting	04/12/2025	05/12/2024	12/12/2023	13/12/2022	09/12/2021	27/10/2020
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	30/06/2025	04/12/2025	17/12/2025	French	PDF
Abridged model	30/06/2024	05/12/2024	06/12/2024	French	PDF
Abridged model	30/06/2023	12/12/2023	15/12/2023	French	PDF
Abridged model	30/06/2022	13/12/2022	14/12/2022	French	PDF
Abridged model	30/06/2021	09/12/2021	17/12/2021	French	PDF
Abridged model	30/06/2020	27/10/2020	05/01/2021	French	PDF
Abridged model	30/06/2019	11/12/2019	11/02/2020	French	PDF
Abridged modelCorrection	30/06/2018	06/12/2018	07/10/2019	French	PDF
Abridged model	30/06/2018	06/12/2018	25/02/2019	French	PDF
Abridged model	30/06/2017	29/11/2017	24/01/2018	French	PDF
Abridged model	30/06/2016	29/11/2016	06/03/2017	French	PDF
Abridged model	30/06/2015	08/12/2015	26/01/2016	French	PDF
Abridged model	30/06/2014	20/11/2014	12/12/2014	French	PDF
Abridged model	30/06/2013	23/10/2013	14/11/2013	French	PDF
Abridged model	30/06/2012	28/11/2012	18/01/2013	French	PDF
Abridged model	30/06/2011	07/11/2011	05/12/2011	French	PDF
Abridged model	30/06/2010	06/10/2010	03/11/2010	French	PDF
Abridged model	30/06/2009	19/10/2009	25/11/2009	French	PDF
Abridged model	30/06/2008	26/11/2008	06/01/2009	French	PDF
Abridged model	30/06/2007	20/12/2007	16/01/2008	French	PDF

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 30/06/2025

10 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean Pierre HUPKENS	Directorsince 05/10/2022
Anne-Sophie NYSSEN	Directorsince 09/12/2021
Clarisse RAMAKERS	Directorsince 09/12/2021
Eric BERTHO	Directorsince 01/06/2021
Nathalie MAUGER	Directorsince 08/12/2015
Robert NEYS	Directorsince 01/06/2021
Yves BEAUNESNE	Directorsince 01/06/2021
Ministère de la Communauté française0316.380.940Represented by Stephan TRIDETTI	Directorsince 01/06/2021
Province de Liège0207.725.104Represented by Laurence THOMASSEN	Directorsince 01/06/2021
Ville de Liège0207.343.933Represented by Julien NICAISE	Directorsince 01/06/2021

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Claude DEREGOWSKI	Directorsince 08/12/2015
Georges BOVY	Director

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other02/07/2026
—
PDF
Mandates04/01/2024
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates16/02/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates31/08/2022
DEMISSIONS, NOMINATIONS
PDF
Other12/10/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates18/01/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates13/05/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates24/07/2019
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

Filings5 filings

Mandates

Jean Pierre HUPKENS

Robert NEYS

Anne-Sophie NYSSEN

Nathalie MAUGER

Clarisse RAMAKERS

Eric BERTHO

Yves BEAUNESNE

Ville de Liège

Province de Liège

Ministère de la Communauté française

Claude DEREGOWSKI

19831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

THEATRE DE LIEGE

Place du Vingt-Août 16 bte 1, 4000 Liège

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Place du Vingt-Août 16 bte 1, 4000 LiègeCurrent	accounts 2022 → 2025	Accounts 2025 · 2025-00584949

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
THEATRE DE LIEGE ASBL-Théâtre d'EuropeCurrent		CBE
THEATRE DE LIEGE	accounts 2022 → 2025	Accounts 2025 · 2025-00584949

Events

2025
Annual accounts 202516,1 k €↑
2024
Annual accounts 2024-67,1 k €↓
2023
Annual accounts 2023-53,6 k €↑
2022
Annual accounts 2022-158,3 k €↑
2018
Annual accounts 2018-261 k €
22/11/1983
IncorporationNon-profit organization

THEATRE DE LIEGE ASBL-Théâtre d'Europe

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

Registered offices

Company names

Events