ACTIVE

Ancienne Belgique

Financial year 2025 · closed on 31/12/2025
Net result
-190,8 k €
-206.6% YoY
Revenue
11 M €
+6.0% YoY
Equity
1,6 M €
-16.3% YoY
Workforce
70,5 ETP
+3.7% YoY

What does Ancienne Belgique do?

Ancienne Belgique is a Non-profit organization incorporated in 1985. Its main activity is: Performing arts. Its registered office is in Bruxelles. It employs on average 70,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0430.973.770
Incorporation
17/06/1985
Legal form
Non-profit organization
Registered office
Boulevard Anspach 110
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
70,5 ETP
Joint committees (2)
  • 304
  • 3040
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201220112010200920082007
Income statement
Revenue11 M €10,4 M €9,7 M €7,1 M €1,9 M €2,2 M €8,5 M €8,3 M €7,4 M €6,9 M €6,7 M €6,9 M €6,1 M €6,5 M €
EBITDA381,3 k €774,1 k €545,1 k €583,5 k €479,6 k €277,1 k €549,9 k €748,9 k €433,9 k €319,4 k €128,2 k €352,5 k €366,3 k €388,6 k €432,2 k €332,7 k €-196,7 k €108,9 k €
Operating result-209,8 k €104,3 k €89,7 k €46,9 k €-45,2 k €-173,8 k €208 k €344,7 k €226,9 k €-45,7 k €-235,5 k €17 k €18,9 k €58,6 k €212 k €115,7 k €-382,5 k €-31,2 k €
Net result-190,8 k €178,9 k €124,5 k €43,2 k €-43,7 k €-179,3 k €362 k €365,7 k €272,2 k €47 k €-184,2 k €73,1 k €35,6 k €117,8 k €262,8 k €146,9 k €-318,8 k €14,2 k €
Balance sheet
Equity1,6 M €1,9 M €2 M €2 M €2 M €2,1 M €2,3 M €2 M €617,4 k €377,7 k €363,2 k €579,9 k €496,4 k €493,3 k €408 k €177,7 k €-261,6 k €57,1 k €
Total assets10,3 M €11,2 M €10,7 M €9 M €9,1 M €7,4 M €9,5 M €10 M €7,6 M €7,2 M €6,1 M €5,5 M €5,6 M €5,6 M €5,6 M €3,9 M €2,6 M €3 M €
Cash4,1 M €4,7 M €3,8 M €4,7 M €4,3 M €4,2 M €6,6 M €6,9 M €5,3 M €4,4 M €3,8 M €3,5 M €3,7 M €3,2 M €3,2 M €1,7 M €921,9 k €1,7 M €
Debts7,9 M €8,5 M €7,8 M €6,1 M €6 M €4 M €5,8 M €6,4 M €5,5 M €5,5 M €4,5 M €3,6 M €3,9 M €4,1 M €4,3 M €3,1 M €2,5 M €2,4 M €
Other
Workforce70,5 ETP68,0 ETP72,3 ETP53,8 ETP48,8 ETP49,1 ETP46,6 ETP47,8 ETP49,8 ETP47,4 ETP47,7 ETP45,6 ETP45,8 ETP45,0 ETP45,8 ETP45,0 ETP43,1 ETP41,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 13 active · 131 ended

Active mandates

Bernard DE RIEMACKER

Director · since 22 mai 2025 · until 22 mai 2029

Active
Bob De Brabandere

Director · since 22 mai 2025 · until 22 mai 2029

Active
Frederik Sioen

Chairman of the board of directors · since 22 mai 2025 · until 22 mai 2029

Active
Hans MARIËN

Director · since 22 mai 2025 · until 22 mai 2029

Active
Herlinde DE CORTE

Director · since 22 mai 2025 · until 22 mai 2029

Active
Ibrahim EL OUAKILI

Director · since 22 mai 2025 · until 22 mai 2029

Active
Lynn TYTGAT

Director · since 22 mai 2025 · until 22 mai 2029

Active
Margareta DE BELDER

Director · since 22 mai 2025 · until 22 mai 2029

Active
Yasmien NACIRI

Director · since 22 mai 2025 · until 22 mai 2029

Active
Els ROCHETTE

Director · since 19 décembre 2024 · until 19 décembre 2028

Active
Esther COOREVITS

Director · since 19 décembre 2024 · until 19 décembre 2028

Active
Barbara Vangheluwe

Secretaris · since 27 avril 2023 · until 27 avril 2027

Active
Steven TRITSMANS

Penningmeester · since 27 avril 2023 · until 27 avril 2027

Active

Ended mandates

Els Rochette

Director · since 19 décembre 2024 · until 19 décembre 2028

Ended
Barbara Vangheluwe

Director · since 27 avril 2023 · until 27 avril 2027

Ended
Hans Mariën

Chairman of the board of directors · since 27 avril 2023 · until 25 mars 2025

Ended
Hans Marïen

Chairman of the board of directors · since 27 avril 2023 · until 22 mai 2025

Ended
Annual accounts

Full financial information

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 date16/06/202617/06/202514/06/202424/04/202310/05/202208/04/2021
General meeting02/06/202622/05/202530/05/202430/03/202331/03/202225/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202502/06/202616/06/2026DutchPDF
Full model31/12/202422/05/202517/06/2025DutchPDF
Full model31/12/202330/05/202414/06/2024DutchPDF
Full model31/12/202230/03/202324/04/2023DutchPDF
Full model31/12/202131/03/202210/05/2022DutchPDF
Full model31/12/202025/03/202108/04/2021DutchPDF
Full model31/12/201904/06/202025/06/2020DutchPDF
Full model31/12/201821/03/201923/05/2019DutchPDF
Full model31/12/201729/03/201828/05/2018DutchPDF
Full model31/12/201630/03/201731/08/2017DutchPDF
Full model31/12/201525/02/201629/08/2016DutchPDF
Full model31/12/201405/03/201502/06/2015DutchPDF
Full model31/12/201324/04/201418/09/2014DutchPDF
Full model31/12/201225/04/201316/02/2014DutchPDF
Full model31/12/201129/03/201216/02/2014DutchPDF
Abridged model31/12/201031/03/201105/05/2011DutchPDF
Abridged model31/12/200918/03/201014/07/2010DutchPDF
Abridged model31/12/200826/03/200928/09/2009DutchPDF
Abridged model31/12/200720/03/200807/10/2008DutchPDF
Abridged model31/12/200626/04/200729/06/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 13 active · 131 ended

Active mandates

Bernard DE RIEMACKER

Director · since 22 mai 2025 · until 22 mai 2029

Active
Bob De Brabandere

Director · since 22 mai 2025 · until 22 mai 2029

Active
Frederik Sioen

Chairman of the board of directors · since 22 mai 2025 · until 22 mai 2029

Active
Hans MARIËN

Director · since 22 mai 2025 · until 22 mai 2029

Active
Herlinde DE CORTE

Director · since 22 mai 2025 · until 22 mai 2029

Active
Ibrahim EL OUAKILI

Director · since 22 mai 2025 · until 22 mai 2029

Active
Lynn TYTGAT

Director · since 22 mai 2025 · until 22 mai 2029

Active
Margareta DE BELDER

Director · since 22 mai 2025 · until 22 mai 2029

Active
Yasmien NACIRI

Director · since 22 mai 2025 · until 22 mai 2029

Active
Els ROCHETTE

Director · since 19 décembre 2024 · until 19 décembre 2028

Active
Esther COOREVITS

Director · since 19 décembre 2024 · until 19 décembre 2028

Active
Barbara Vangheluwe

Secretaris · since 27 avril 2023 · until 27 avril 2027

Active
Steven TRITSMANS

Penningmeester · since 27 avril 2023 · until 27 avril 2027

Active

Ended mandates

Els Rochette

Director · since 19 décembre 2024 · until 19 décembre 2028

Ended
Barbara Vangheluwe

Director · since 27 avril 2023 · until 27 avril 2027

Ended
Hans Mariën

Chairman of the board of directors · since 27 avril 2023 · until 25 mars 2025

Ended
Hans Marïen

Chairman of the board of directors · since 27 avril 2023 · until 22 mai 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other30/06/2026
    PDF
  • Other11/07/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates20/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

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 2025-190,8 k €
  2. 2024
    Annual accounts 2024178,9 k €
  3. 2023
    Annual accounts 2023124,5 k €
  4. 2022
    Annual accounts 202243,2 k €
  5. 2021
    Annual accounts 2021-43,7 k €
  6. 2020
    Annual accounts 2020-179,3 k €
  7. 2019
    Annual accounts 2019362 k €
  8. 2018
    Annual accounts 2018365,7 k €
  9. 2017
    Annual accounts 2017272,2 k €
  10. 2016
    Annual accounts 201647 k €
  11. 2015
    Annual accounts 2015-184,2 k €
  12. 2014
    Annual accounts 201473,1 k €
  13. 2012
    Annual accounts 201235,6 k €
  14. 2011
    Annual accounts 2011117,8 k €
  15. 2010
    Annual accounts 2010262,8 k €
  16. 2009
    Annual accounts 2009146,9 k €
  17. 2008
    Annual accounts 2008-318,8 k €
  18. 2007
    Annual accounts 200714,2 k €
  19. 17/06/1985
    IncorporationNon-profit organization