ACTIVE

TRAVAIL ET COOPERATION

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Financial year 2025 · Closed on 31/12/2025

Net result22,9 k €+107,3 %over 1 year

Gross margin3,6 M €+5,0 %over 1 year

Equity670,5 k €+0,0 %over 1 year

Workforce125,1 ETP+0,2 %over 1 year

Identity

Source · BCE/KBO

TRAVAIL ET COOPERATION is a Non-profit organization incorporated in 1985. Its main activity is: Technical and vocational secondary education. Its registered office is in Ganshoren. It employs on average 125,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0428.335.073
Incorporation: 27/12/1985
Legal form: Non-profit organization
Registered office: Rue de la Technologie 109
1083 Ganshoren · BruxellesSee on map
Latest accounts: 31/12/2025
Average workforce: 125,1 ETP

Activities (NACE)

85322Technical and vocational secondary education· main 85323Technical and vocational secondary education 88993Other social work activities without accommodation n.e.c.88995Other social work activities without accommodation n.e.c.88999Other social work activities without accommodation n.e.c.88999Other social work activities without accommodation n.e.c.

Joint committees (1)

32702

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	3,6 M €	+5.0%	3,4 M €	+9.8%	3,1 M €	-13.4%	3,6 M €	+13.0%	3,2 M €
EBITDA	-20,4 k €	+91.0%	-226,8 k €	-726%	36,2 k €	-82.9%	211,5 k €	+141%	87,8 k €
Operating result	-8,9 k €	+97.5%	-355,1 k €	-1167%	-28 k €	-132%	87,9 k €	+187%	-101,1 k €
Net result	22,9 k €	+107%	-314,9 k €	-16592%	1,9 k €	-98.3%	112,2 k €	+250%	-74,8 k €
Balance sheet
Equity	670,5 k €	+0.0%	670,2 k €	-33.3%	1 M €	-2.1%	1 M €	+9.3%	939,4 k €
Total assets	1,4 M €	-9.2%	1,6 M €	-8.6%	1,7 M €	+0.8%	1,7 M €	+8.4%	1,6 M €
Cash	599,9 k €	-7.8%	650,8 k €	-44.7%	1,2 M €	+26.1%	933,1 k €	+24.2%	751,1 k €
Debts	341,2 k €	-45.4%	624,5 k €	+60.0%	390,3 k €	-21.2%	495,6 k €	+26.2%	392,9 k €
Other
Workforce	125,1 ETP	+0.2%	124,8 ETP	+7.9%	115,7 ETP	-3.9%	120,4 ETP	+0.5%	119,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 42 ended

Active mandates

Laurens De Monpellier

Director · since 05 juin 2025

Active

André Mangin

Director · since 30 juin 2023

Active

Jean-Luis Andrieux

Director · since 30 juin 2023

Active

Ended mandates

André Mangin

Director · since 30 juin 2023 · until 30 juin 2026

Ended

Jean-Louis Andrieux

Chairman of the board of directors · since 30 juin 2023 · until 30 juin 2026

Ended

Jean-Louis Andrieux

Director · since 30 juin 2023 · until 30 juin 2026

Ended

Miroslav Kral

Director · since 30 juin 2023 · until 28 février 2025

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	13/07/2026	06/06/2025	23/07/2024	29/06/2023	23/06/2022	06/08/2021
General meeting	04/06/2026	05/06/2025	11/06/2024	27/06/2023	08/06/2022	29/06/2021
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	04/06/2026	13/07/2026	French	PDF
Abridged model	31/12/2024	05/06/2025	06/06/2025	French	PDF
Abridged model	31/12/2023	11/06/2024	23/07/2024	French	PDF
Abridged model	31/12/2022	27/06/2023	29/06/2023	French	PDF
Abridged model	31/12/2021	08/06/2022	23/06/2022	French	PDF
Abridged model	31/12/2020	29/06/2021	06/08/2021	French	PDF
Abridged model	31/12/2019	25/08/2020	21/09/2020	French	PDF
Full model	31/12/2018	25/06/2019	24/07/2019	French	PDF
Full model	31/12/2017	29/06/2018	25/07/2018	French	PDF
Full model	31/12/2016	15/06/2017	20/09/2017	French	PDF
Full model	31/12/2015	24/06/2016	28/06/2016	French	PDF
Full model	31/12/2014	12/06/2015	30/07/2015	French	PDF
Full model	31/12/2013	25/06/2014	24/07/2014	French	PDF
Full model	31/12/2012	28/06/2013	27/08/2013	French	PDF
Abridged model	31/12/2011	29/09/2012	22/10/2012	French	PDF
Abridged model	31/12/2010	16/06/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	09/06/2010	06/08/2010	French	PDF
Abridged model	31/12/2008	15/07/2009	28/07/2009	French	PDF
Abridged model	31/12/2007	29/10/2008	31/10/2008	French	PDF
Full model	31/12/2006	19/07/2007	05/02/2008	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 42 ended

Active mandates

Laurens De Monpellier

Director · since 05 juin 2025

Active

André Mangin

Director · since 30 juin 2023

Active

Jean-Luis Andrieux

Director · since 30 juin 2023

Active

Ended mandates

André Mangin

Director · since 30 juin 2023 · until 30 juin 2026

Ended

Jean-Louis Andrieux

Chairman of the board of directors · since 30 juin 2023 · until 30 juin 2026

Ended

Jean-Louis Andrieux

Director · since 30 juin 2023 · until 30 juin 2026

Ended

Miroslav Kral

Director · since 30 juin 2023 · until 28 février 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

17/09/2026
—
PDF
Mandates09/09/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates13/09/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates14/08/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates19/06/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates23/12/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates21/09/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates09/12/2020
DEMISSIONS, NOMINATIONS
PDF

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

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Timeline

2025
Annual accounts 202522,9 k €↑
2024
Annual accounts 2024-314,9 k €↓
2023
Annual accounts 20231,9 k €↓
2022
Annual accounts 2022112,2 k €↑
2021
Annual accounts 2021-74,8 k €↓
2021
Name changeTRAVCO
2020
Annual accounts 2020
2019
Annual accounts 201946 k €↓
2018
Annual accounts 2018108,8 k €↑
2017
Annual accounts 2017103,3 k €↑
2016
Annual accounts 201679,4 k €↑
2015
Annual accounts 201554,9 k €↓
2014
Annual accounts 201479 k €↑
2013
Annual accounts 2013-158,6 k €↓
2012
Annual accounts 2012-97,2 k €↓
2011
Annual accounts 201112,9 k €↓
2010
Annual accounts 201022 k €↑
2009
Annual accounts 2009-233,2 k €↓
2008
Annual accounts 20085,5 k €
2008
Name changeTRAVAIL ET COOPERATION
27/12/1985
IncorporationNon-profit organization

TRAVAIL ET COOPERATION

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