ACTIVE

FONDATION BERNHEIM

Financial year 2025 · Closed on 31/12/2025

Net result-4,6 M €-151,3 %over 1 year

Equity61,1 M €-7,0 %over 1 year

Workforce3,2 ETP+14,3 %over 1 year

Identity

Source · BCE/KBO

FONDATION BERNHEIM is a Public utility foundation incorporated in 1987. Its main activity is: Research and experimental development on social sciences and humanities. Its registered office is in Bruxelles. It employs on average 3,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0430.216.675
Incorporation: 28/01/1987
Legal form: Public utility foundation
Registered office: Rue des Bouchers 53
1000 Bruxelles · BruxellesSee on map
Latest accounts: 31/12/2025
Average workforce: 3,2 ETP

Activities (NACE)

72200Research and experimental development on social sciences and humanities· main 72200Research and experimental development on social sciences and humanities 73200Market research and public opinion polling

Joint committees (1)

Signals

Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 13 filings

Trend over 13 financial years

	2025		2024		2023		2022		2021
Income statement
EBITDA	-2,5 M €	-6.7%	-2,3 M €	-14.2%	-2 M €	-0.4%	-2 M €	-14.9%	-1,8 M €
Operating result	-2,5 M €	-6.7%	-2,3 M €	-14.5%	-2 M €	-0.4%	-2 M €	-14.9%	-1,8 M €
Net result	-4,6 M €	-151%	9 M €	+75.0%	5,1 M €	+146%	-11 M €	-224%	8,9 M €
Balance sheet
Equity	61,1 M €	-7.0%	65,7 M €	+15.8%	56,7 M €	+9.9%	51,6 M €	-17.6%	62,6 M €
Total assets	68,6 M €	+3.5%	66,3 M €	+15.4%	57,4 M €	+9.9%	52,3 M €	-17.5%	63,3 M €
Cash	406,7 k €	+140%	169,2 k €	-5.0%	178 k €	-85.2%	1,2 M €	-24.6%	1,6 M €
Debts	2 M €	+230%	595,1 k €	-13.9%	691,1 k €	+10.5%	625,4 k €	-6.1%	665,8 k €
Other
Workforce	3,2 ETP	+14.3%	2,8 ETP	+33.3%	2,1 ETP	+5.0%	2,0 ETP	+17.6%	1,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

13 active · 89 ended

Active mandates

Daoudi Fatine

Director · since 19 octobre 2025 · until 19 octobre 2029

Active

Mathias Dewatripont

Chairman of the board of directors · since 19 juin 2024 · until 19 juin 2028

Active

Pierre Van Damme

Director · since 19 juin 2024 · until 19 juin 2028

Active

Emmanuelle Bribosia

Director · since 26 mars 2024 · until 26 mars 2028

Active

Marie VERHOEVEN

Director · since 26 mars 2024 · until 26 mars 2028

Active

Madeleine GUYOT

Director · since 24 janvier 2023 · until 24 janvier 2027

Active

Marjorie GASSNER

Director · since 24 janvier 2023 · until 24 janvier 2027

Active

Olivier GILLEROT

Director · since 24 janvier 2023 · until 24 janvier 2027

Active

Eric De Keuleneer

Vice-chairman of the board of directors · since 01 janvier 2023 · until 01 janvier 2027

Active

Caroline MIEROP

Director · since 15 juin 2022 · until 15 juin 2026

Active

Cécile Vennat

Director · since 19 octobre 2021 · until 19 octobre 2029

Active

Grégor CHAPELLE

Director · since 19 octobre 2021 · until 19 octobre 2025

Active

Hugues PIROTTE

Director · since 19 octobre 2021 · until 19 octobre 2029

Active

Ended mandates

Olivier Gillerot

Director · since 24 janvier 2023 · until 28 janvier 2027

Ended

Valentine MANGEZ

Director · since 15 décembre 2021 · until 15 décembre 2025

Ended

Cécile VENNAT

Director · since 19 octobre 2021 · until 19 octobre 2025

Ended

Cécile Viennat

Director · since 19 octobre 2021 · until 19 octobre 2025

Ended

Other companies at this address

Rue des Bouchers 53 1000 Bruxelles

Company	CBE no.
VOCATIO● Active	0876.268.504

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	08/07/2026	04/08/2025	25/07/2024	31/10/2023	15/09/2022	15/09/2021
General meeting	23/06/2026	24/06/2025	19/06/2024	27/06/2023	27/06/2022	15/06/2021
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, 13 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	23/06/2026	08/07/2026	French	PDF
Full model	31/12/2024	24/06/2025	04/08/2025	French	PDF
Full model	31/12/2023	19/06/2024	25/07/2024	French	PDF
Full model	31/12/2022	27/06/2023	31/10/2023	French	PDF
Full model	31/12/2021	27/06/2022	15/09/2022	French	PDF
Full model	31/12/2020	15/06/2021	15/09/2021	French	PDF
Full model	31/12/2019	25/06/2020	07/09/2020	French	PDF
Full model	31/12/2018	27/06/2019	09/09/2019	French	PDF
Full model	31/12/2017	19/06/2018	25/06/2019	French	PDF
Full model	31/12/2016	15/06/2017	04/07/2017	French	PDF
Full model	31/12/2015	20/06/2016	05/07/2016	French	PDF
Full model	31/12/2014	18/06/2015	30/06/2015	French	PDF
Full model	31/12/2013	16/06/2014	05/05/2015	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 89 ended

Active mandates

Daoudi Fatine

Director · since 19 octobre 2025 · until 19 octobre 2029

Active

Mathias Dewatripont

Chairman of the board of directors · since 19 juin 2024 · until 19 juin 2028

Active

Pierre Van Damme

Director · since 19 juin 2024 · until 19 juin 2028

Active

Emmanuelle Bribosia

Director · since 26 mars 2024 · until 26 mars 2028

Active

Marie VERHOEVEN

Director · since 26 mars 2024 · until 26 mars 2028

Active

Madeleine GUYOT

Director · since 24 janvier 2023 · until 24 janvier 2027

Active

Marjorie GASSNER

Director · since 24 janvier 2023 · until 24 janvier 2027

Active

Olivier GILLEROT

Director · since 24 janvier 2023 · until 24 janvier 2027

Active

Eric De Keuleneer

Vice-chairman of the board of directors · since 01 janvier 2023 · until 01 janvier 2027

Active

Caroline MIEROP

Director · since 15 juin 2022 · until 15 juin 2026

Active

Cécile Vennat

Director · since 19 octobre 2021 · until 19 octobre 2029

Active

Grégor CHAPELLE

Director · since 19 octobre 2021 · until 19 octobre 2025

Active

Hugues PIROTTE

Director · since 19 octobre 2021 · until 19 octobre 2029

Active

Ended mandates

Olivier Gillerot

Director · since 24 janvier 2023 · until 28 janvier 2027

Ended

Valentine MANGEZ

Director · since 15 décembre 2021 · until 15 décembre 2025

Ended

Cécile VENNAT

Director · since 19 octobre 2021 · until 19 octobre 2025

Ended

Cécile Viennat

Director · since 19 octobre 2021 · until 19 octobre 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/02/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates24/01/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates21/12/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates01/03/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates07/12/2021
DEMISSIONS, NOMINATIONS
PDF
Other22/03/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates02/09/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates07/05/2018
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 2025-4,6 M €↓
30/09/2025
nominationFatine Daoudi — administratrice
30/09/2025
reconductionCécile VENNAT — administratrice
30/09/2025
reconductionHugues PIROTTE — administrateur
2024
Annual accounts 20249 M €↑
19/06/2024
nominationPierre Van Damme — administrateur
19/06/2024
reconductionMathias Dewatripont — Président
26/03/2024
nominationMarie Verhoeven — administrateur
26/03/2024
nominationEmmanuelle Bribosla — administrateur
2023
Annual accounts 20235,1 M €↑
24/01/2023
nominationMadeleine Guyot — administrateur
24/01/2023
nominationMarjorie Gassner — administrateur
24/01/2023
nominationOlivier Gillerot — administrateur
01/01/2023
nominationEric De Keuleneer — Vice-Président, Trésorier et Directeur du Comité Financier
2022
Annual accounts 2022-11 M €↓
18/09/2022
nominationAnne-Catherine Chevalier — Direction
2021
Annual accounts 20218,9 M €↑
2020
Annual accounts 20201,5 M €↓
2019
Annual accounts 20198 M €↑
2018
Annual accounts 2018-5,5 M €↓
2017
Annual accounts 20171,2 M €↑
2016
Annual accounts 2016397 k €↓
2015
Annual accounts 2015957,6 k €↓
2014
Annual accounts 20142,5 M €↓
2013
Annual accounts 20132,9 M €
28/01/1987
IncorporationPublic utility foundation

FONDATION BERNHEIM

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