ACTIVE

LE CHAF

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Financial year 2025 · closed on 31/12/2025

Net result

138 k €

+463.0% YoY

Gross margin

3,9 M €

+13.5% YoY

Equity

542,4 k €

+420.4% YoY

Workforce

48,4 ETP

-0.8% YoY

What does LE CHAF do?

LE CHAF is a Non-profit organization incorporated in 1988. Its main activity is: Technical and vocational secondary education. Its registered office is in Farciennes. It employs on average 48,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.402.613

Incorporation

30/05/1988

Legal form

Non-profit organization

Registered office

Rue Jules Maltaux(FAR) 62 box B
6240 Farciennes · WallonieSee on map

Latest accounts

31/12/2025

Average workforce

48,4 ETP

Activities (NACE)

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

Joint committees (2)

319
31902

Contacts

1 public detail availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	3,9 M €	+13.5%	3,4 M €	+1.1%	3,4 M €	+26.3%	2,7 M €	-8.6%	2,9 M €	-1.9%	3 M €	+2.7%	2,9 M €	+2.9%	2,8 M €	+4.2%	2,7 M €	+0.5%	2,7 M €	+4.4%	2,6 M €	+0.0%	2,6 M €	+3.6%	2,5 M €	-1.6%	2,5 M €	+3.5%	2,4 M €	+4.4%	2,3 M €	-3.3%	2,4 M €	+11.7%	2,2 M €
EBITDA	229,7 k €	+175%	83,5 k €	+510%	-20,4 k €	-119%	105,5 k €	+62.9%	64,7 k €	+43.9%	45 k €	+9.8%	40,9 k €	+39.5%	29,4 k €	-40.0%	48,9 k €	+215%	15,5 k €	+563%	2,3 k €	+106%	-38,8 k €	+63.8%	-107,2 k €	-755%	16,4 k €	-67.0%	49,5 k €	+154%	19,5 k €	-49.9%	38,8 k €	+135%	16,5 k €
Operating result	140,4 k €	+427%	-43 k €	+68.5%	-136,4 k €	-6213%	2,2 k €	-86.9%	17,1 k €	+180%	6,1 k €	+6280%	-98,6 €	-103%	2,9 k €	-87.3%	22,5 k €	+655%	-4,1 k €	+28.6%	-5,7 k €	+87.8%	-46,4 k €	+60.3%	-116,8 k €	-1073%	12 k €	-73.5%	45,4 k €	+693%	5,7 k €	-81.5%	30,9 k €	+1902%	-1,7 k €
Net result	138 k €	+463%	-38 k €	+64.6%	-107,3 k €	-2185%	5,1 k €	-63.6%	14,1 k €	-20.1%	17,7 k €	+90.6%	9,3 k €	-34.2%	14,1 k €	-56.0%	32,1 k €	+335%	7,4 k €	+25.5%	5,9 k €	+115%	-39,3 k €	+53.9%	-85,3 k €	-183837%	-46,4 €	-100%	19,6 k €	+88.6%	10,4 k €	+2.2%	10,2 k €	+155%	4 k €
Balance sheet
Equity	542,4 k €	+420%	-169,3 k €	-35.7%	-124,8 k €	-6300%	-1,9 k €	+96.6%	-58,1 k €	+26.9%	-79,5 k €	+13.1%	-91,5 k €	+12.0%	-104 k €	+15.3%	-122,8 k €	+23.8%	-161 k €	+8.0%	-175 k €	+10.0%	-194,4 k €	-25.3%	-155,1 k €	-122%	-69,8 k €	-0.1%	-69,8 k €	+21.9%	-89,4 k €	+10.4%	-99,8 k €	+7.6%	-108,1 k €
Total assets	2,7 M €	-3.3%	2,8 M €	+7.0%	2,6 M €	+1.2%	2,6 M €	+8.8%	2,4 M €	+20.2%	2 M €	+72.2%	1,1 M €	+13.4%	1 M €	+30.7%	771,9 k €	+5.5%	732 k €	+22.6%	597,1 k €	+7.3%	556,6 k €	-4.3%	581,8 k €	-20.2%	728,9 k €	+12.6%	647,1 k €	+5.6%	613 k €	+3.9%	590,1 k €	+38.2%	427 k €
Cash	488,2 k €	+191%	168 k €	-57.6%	396,6 k €	+5.8%	374,7 k €	-27.2%	514,7 k €	-55.4%	1,2 M €	+21.9%	947,2 k €	+16.3%	814,3 k €	+33.9%	608,3 k €	+19.9%	507,3 k €	+13.9%	445,4 k €	+4.2%	427,3 k €	-8.8%	468,6 k €	-20.9%	592,2 k €	+9.5%	540,9 k €	+17.2%	461,5 k €	-0.6%	464,2 k €	+59.6%	290,9 k €
Debts	1,3 M €	-12.4%	1,5 M €	+1.5%	1,5 M €	+10.5%	1,4 M €	+55.5%	879,3 k €	+45.1%	606,1 k €	+9.8%	552 k €	+5.3%	524,4 k €	-8.8%	575,3 k €	-12.3%	655,9 k €	+14.9%	570,8 k €	+7.2%	532,6 k €	-15.4%	629,8 k €	+15.3%	546,1 k €	+5.6%	517 k €	+15.0%	449,5 k €	+1.1%	444,4 k €	+27.3%	349,2 k €
Other
Workforce	48,4 ETP	-0.8%	48,8 ETP	-5.8%	51,8 ETP	-2.4%	53,1 ETP	+8.8%	48,8 ETP	+6.1%	46,0 ETP	+2.7%	44,8 ETP	+4.4%	42,9 ETP	+2.4%	41,9 ETP	-2.6%	43,0 ETP	-11.3%	48,5 ETP	+6.6%	45,5 ETP	+0.9%	45,1 ETP	0.0%	45,1 ETP	+0.9%	44,7 ETP	+3.2%	43,3 ETP	+4.3%	41,5 ETP	-1.7%	42,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 12 active · 76 ended

Active mandates

ALAIN BAULIN

Director

Active

Bernard NOEL

Director

Active

Dominique VAN DE SYPE

Director

Active

Fabian LEMAITRE

Director

Active

Fabienne CLEMENT

Director

Active

Fabrice MINSART

Chairman of the board of directors

Active

Henri MEGALI

Director

Active

JOSEPH PITTEVILS

Director

Active

Michèle DE FORMANOIR

Director

Active

Murielle DRAPS

Director

Active

Myriam DUBUISSON

Director

Active

Thomas STAVROS

Director

Active

Ended mandates

Bernard NOEL

Director · since 29 mai 2024

Ended

JOIRIS, ROUSSEAUX ET Co, REVISEURS D'ENTREPRISES ASSOCIES

Auditor · since 29 mai 2024 · until 30 juin 2027 · 0450.426.032

Represented by SEBASTIEN GONET

Ended

Michèle DE FORMANOIR

Director · since 29 mai 2024

Ended

Annie BERTINCHAMPS

Director · since 14 juin 2023 · until 01 mai 2024

Ended

Annual accounts

Full financial information

	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	17/06/2026	11/07/2025	07/08/2024	08/09/2023	31/08/2022	15/07/2021
General meeting	15/06/2026	25/06/2025	29/05/2024	14/06/2023	08/06/2022	23/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/06/2026	17/06/2026	French	PDF
Abridged model	31/12/2024	25/06/2025	11/07/2025	French	PDF
Abridged model	31/12/2023	29/05/2024	07/08/2024	French	PDF
Abridged model	31/12/2022	14/06/2023	08/09/2023	French	PDF
Abridged model	31/12/2021	08/06/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	23/06/2021	15/07/2021	French	PDF
Abridged model	31/12/2019	02/09/2020	16/09/2020	French	PDF
Abridged model	31/12/2018	05/06/2019	16/10/2019	French	PDF
Abridged model	31/12/2017	23/05/2018	13/07/2018	French	PDF
Abridged model	31/12/2016	19/05/2017	22/08/2017	French	PDF
Abridged model	31/12/2015	11/05/2016	20/07/2016	French	PDF
Abridged model	31/12/2014	24/06/2015	28/08/2015	French	PDF
Abridged model	31/12/2013	28/05/2014	01/07/2014	French	PDF
Abridged model	31/12/2012	15/05/2013	05/09/2013	French	PDF
Abridged model	31/12/2011	10/05/2012	26/11/2012	French	PDF
Abridged model	31/12/2010	30/05/2011	23/09/2011	French	PDF
Abridged model	31/12/2009	25/05/2010	11/11/2010	French	PDF
Abridged model	31/12/2008	29/05/2009	09/12/2009	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 12 active · 76 ended

Active mandates

ALAIN BAULIN

Director

Active

Bernard NOEL

Director

Active

Dominique VAN DE SYPE

Director

Active

Fabian LEMAITRE

Director

Active

Fabienne CLEMENT

Director

Active

Fabrice MINSART

Chairman of the board of directors

Active

Henri MEGALI

Director

Active

JOSEPH PITTEVILS

Director

Active

Michèle DE FORMANOIR

Director

Active

Murielle DRAPS

Director

Active

Myriam DUBUISSON

Director

Active

Thomas STAVROS

Director

Active

Ended mandates

Bernard NOEL

Director · since 29 mai 2024

Ended

JOIRIS, ROUSSEAUX ET Co, REVISEURS D'ENTREPRISES ASSOCIES

Auditor · since 29 mai 2024 · until 30 juin 2027 · 0450.426.032

Represented by SEBASTIEN GONET

Ended

Michèle DE FORMANOIR

Director · since 29 mai 2024

Ended

Annie BERTINCHAMPS

Director · since 14 juin 2023 · until 01 mai 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/07/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates30/12/2025
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates22/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates08/10/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates28/01/2022
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates18/09/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates08/07/2019
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates17/09/2018
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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

2025
Annual accounts 2025138 k €↑
2024
Annual accounts 2024-38 k €↑
2023
Annual accounts 2023-107,3 k €↓
2022
Annual accounts 20225,1 k €↓
2021
Annual accounts 202114,1 k €↓
2020
Annual accounts 202017,7 k €↑
2019
Annual accounts 20199,3 k €↓
2018
Annual accounts 201814,1 k €↓
2017
Annual accounts 201732,1 k €↑
2016
Annual accounts 20167,4 k €↑
2015
Annual accounts 20155,9 k €↑
2014
Annual accounts 2014-39,3 k €↑
2013
Annual accounts 2013-85,3 k €↓
2012
Annual accounts 2012-46,4 €↓
2011
Annual accounts 201119,6 k €↑
2010
Annual accounts 201010,4 k €↑
2009
Annual accounts 200910,2 k €↑
2008
Annual accounts 20084 k €
30/05/1988
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

LE CHAF

Overview

What does LE CHAF do?

Trend over 18 financial years

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