ACTIVE

CHAPELLE MUSICALE

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Financial year 2025 · Closed on 31/12/2025

Net result-704,4 k €-3,4 %over 1 year

Gross margin44,7 k €-21,3 %over 1 year

Equity10,5 M €-6,4 %over 1 year

Workforce5,6 ETP+86,7 %over 1 year

Identity

Source · BCE/KBO

CHAPELLE MUSICALE is a Public limited company incorporated in 1985. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Waterloo. It employs on average 5,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0427.107.331
Incorporation: 08/03/1985
Legal form: Public limited company
Registered office: Chaussée de Tervuren 445
1410 Waterloo · WallonieSee on map
Contributed capital: 19 146 565,42 €
Latest accounts: 31/12/2025
Average workforce: 5,6 ETP

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate 90011Performing arts 90201Creative, arts and entertainment activities

Joint committees (1)

Signals

Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	44,7 k €	-21.3%	56,7 k €	-68.6%	180,4 k €	+41.8%	127,3 k €	+36.0%	93,6 k €
EBITDA	-250,8 k €	-212%	-80,3 k €	-450%	22,9 k €	-40.8%	38,7 k €	+4151%	910,7 €
Operating result	-913,4 k €	-19.3%	-765,6 k €	-20.5%	-635,5 k €	-7.4%	-591,7 k €	+8.4%	-646,3 k €
Net result	-704,4 k €	-3.4%	-681,2 k €	-52.8%	-445,7 k €	+51.3%	-914,8 k €	-32.5%	-690,6 k €
Balance sheet
Equity	10,5 M €	-6.4%	11,2 M €	+0.1%	11,2 M €	+56.3%	7,2 M €	-11.4%	8,1 M €
Total assets	11,6 M €	-5.4%	12,2 M €	-2.5%	12,6 M €	-1.3%	12,7 M €	-6.3%	13,6 M €
Cash	55,3 k €	+318%	13,2 k €	-51.4%	27,2 k €	-48.5%	52,8 k €	-18.2%	64,5 k €
Debts	1,1 M €	+6.7%	994,4 k €	-22.1%	1,3 M €	-76.7%	5,5 M €	+0.8%	5,4 M €
Other
Workforce	5,6 ETP	+86.7%	3,0 ETP	0.0%	3,0 ETP	+25.0%	2,4 ETP	+4.3%	2,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

13 active · 83 ended

Active mandates

Tanguy Stuckens

Director · since 14 mai 2024 · until 14 mai 2030

Active

Marie Kluyskens

Director · since 23 septembre 2023 · until 11 mai 2027

Active

Vanessa Lippens

Director · since 09 mai 2023 · until 08 mai 2029

Active

Johan Beerlandt

Director · since 11 mai 2022 · until 09 mai 2028

Active

Michel Delbaere

Director · since 11 mai 2022 · until 09 mai 2028

Active

Jeannine Windey

Director · since 07 mai 2019 · until 09 mai 2028

Active

Géry Daeninck

Director · since 19 janvier 2019 · until 11 mai 2027

Active

FABRICE DU CHASTEL DE LA HOWARDERIE

Director · since 11 décembre 2017 · until 11 mai 2027

Active

Sylvia Goldschmidt

Director · since 03 juin 2015 · until 09 mai 2028

Active

Yvan de Launoit

Director · since 25 mars 2014 · until 11 mai 2027

Active

Pierre Boucher

Director · since 18 juin 2012 · until 11 mai 2027

Active

Bernard Boon-Falleur

Director · since 19 janvier 2009 · until 11 mai 2027

Active

Paul Dujardin

Director · since 19 janvier 2009 · until 11 mai 2027

Active

Ended mandates

Marie Kluyskens

Director · since 23 septembre 2023 · until 12 mai 2026

Ended

Johan Beerlandt

Director · since 11 mai 2022 · until 10 mai 2028

Ended

Michel Delbaere

Director · since 11 mai 2022 · until 10 mai 2028

Ended

Michel Delbaere

Director · since 11 mai 2022 · until 20 mai 2028

Ended

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	26/05/2026	15/07/2025	28/06/2024	20/10/2023	23/06/2022	09/08/2021
General meeting	12/05/2026	13/05/2025	14/05/2024	09/05/2023	10/05/2022	11/05/2021
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, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/05/2026	26/05/2026	French	PDF
Abridged model	31/12/2024	13/05/2025	15/07/2025	French	PDF
Abridged model	31/12/2023	14/05/2024	28/06/2024	French	PDF
Abridged modelCorrection	31/12/2022	09/05/2023	20/10/2023	French	PDF
Abridged model	31/12/2022	09/05/2023	12/07/2023	French	PDF
Abridged model	31/12/2021	10/05/2022	23/06/2022	French	PDF
Abridged model	31/12/2020	11/05/2021	09/08/2021	French	PDF
Abridged model	31/12/2019	12/05/2020	25/06/2020	French	PDF
Abridged model	31/12/2018	07/05/2019	25/07/2019	French	PDF
Abridged model	31/12/2017	08/05/2018	11/07/2018	French	PDF
Abridged model	31/12/2016	09/05/2017	14/07/2017	French	PDF
Abridged model	31/12/2015	10/05/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	12/05/2015	30/07/2015	French	PDF
Abridged model	31/12/2013	13/05/2014	21/08/2014	French	PDF
Abridged model	31/12/2012	14/05/2013	30/07/2013	French	PDF
Abridged model	31/12/2011	08/05/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	10/05/2011	29/08/2011	French	PDF
Abridged model	31/12/2009	11/05/2010	17/08/2010	French	PDF
Abridged model	31/12/2008	12/05/2009	30/06/2009	French	PDF
Abridged model	31/12/2007	08/05/2008	17/07/2008	French	PDF
Abridged model	31/12/2006	08/05/2007	06/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

13 active · 83 ended

Active mandates

Tanguy Stuckens

Director · since 14 mai 2024 · until 14 mai 2030

Active

Marie Kluyskens

Director · since 23 septembre 2023 · until 11 mai 2027

Active

Vanessa Lippens

Director · since 09 mai 2023 · until 08 mai 2029

Active

Johan Beerlandt

Director · since 11 mai 2022 · until 09 mai 2028

Active

Michel Delbaere

Director · since 11 mai 2022 · until 09 mai 2028

Active

Jeannine Windey

Director · since 07 mai 2019 · until 09 mai 2028

Active

Géry Daeninck

Director · since 19 janvier 2019 · until 11 mai 2027

Active

FABRICE DU CHASTEL DE LA HOWARDERIE

Director · since 11 décembre 2017 · until 11 mai 2027

Active

Sylvia Goldschmidt

Director · since 03 juin 2015 · until 09 mai 2028

Active

Yvan de Launoit

Director · since 25 mars 2014 · until 11 mai 2027

Active

Pierre Boucher

Director · since 18 juin 2012 · until 11 mai 2027

Active

Bernard Boon-Falleur

Director · since 19 janvier 2009 · until 11 mai 2027

Active

Paul Dujardin

Director · since 19 janvier 2009 · until 11 mai 2027

Active

Ended mandates

Marie Kluyskens

Director · since 23 septembre 2023 · until 12 mai 2026

Ended

Johan Beerlandt

Director · since 11 mai 2022 · until 10 mai 2028

Ended

Michel Delbaere

Director · since 11 mai 2022 · until 10 mai 2028

Ended

Michel Delbaere

Director · since 11 mai 2022 · until 20 mai 2028

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/05/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates17/06/2025
DEMISSIONS, NOMINATIONS
PDF
Capital / shares27/09/2024
CAPITAL, ACTIONS
PDF
Mandates28/05/2024
DEMISSIONS, NOMINATIONS
PDF
Capital / shares16/04/2024
CAPITAL, ACTIONS
PDF
Mandates20/02/2024
DEMISSIONS, NOMINATIONS
PDF
Capital / shares01/09/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - CAPITAL, ACTIONS
PDF
Mandates08/07/2022
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025-704,4 k €↓
2024
Annual accounts 2024-681,2 k €↓
2023
Annual accounts 2023-445,7 k €↑
2022
Annual accounts 2022-914,8 k €↓
2021
Annual accounts 2021-690,6 k €↓
2020
Annual accounts 2020-672,5 k €↑
2019
Annual accounts 2019-739,8 k €↑
2018
Annual accounts 2018-787,5 k €↑
2017
Annual accounts 2017-791,4 k €↓
2016
Annual accounts 2016-640,4 k €↑
2015
Annual accounts 2015-871,4 k €↓
2014
Annual accounts 2014-480,7 k €↓
2013
Annual accounts 2013-199,9 k €↓
2012
Annual accounts 2012-66,3 k €↑
2011
Annual accounts 2011-149,9 k €↓
2010
Annual accounts 2010-23,1 k €↓
2009
Annual accounts 2009-18 k €↓
2008
Annual accounts 200886,4 k €↑
2007
Annual accounts 2007-7,9 k €↓
2006
Annual accounts 2006-5,5 k €
08/03/1985
IncorporationPublic limited company

CHAPELLE MUSICALE

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