ACTIVE

La Manivelle

Financial year 2025 · Closed on 31/12/2025

Net result
139,3 €
-65,0 %over 1 year
Revenue
1,9 M €
+2,0 %over 1 year
Equity
371,6 k €
+0,0 %over 1 year

Identity

Source · BCE/KBO

La Manivelle is a Non-profit organization incorporated in 1989. Its main activity is: Specialist medical practice activities. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0440.725.339
Incorporation
29/06/1989
Legal form
Non-profit organization
Registered office
Bld de la Constitution 19
4020 Liège · WallonieSee on map
Latest accounts
31/12/2025
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue1,9 M €1,8 M €1,7 M €1,6 M €1,5 M €
EBITDA87,2 k €95,3 k €92,1 k €96,9 k €100,8 k €
Operating result28,5 k €32 k €27,6 k €38 k €40,3 k €
Net result139,3 €397,9 €268,5 €432 €423,2 €
Balance sheet
Equity371,6 k €371,4 k €371 k €370,8 k €370,3 k €
Total assets2,1 M €2 M €1,9 M €1,8 M €1,9 M €
Cash383,4 k €411,7 k €294,9 k €415,3 k €362,7 k €
Debts1,1 M €1,1 M €1,2 M €1,2 M €1,3 M €
Other
Workforce22,3 ETP22,3 ETP22,6 ETP22,4 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 · 16 ended

Active mandates

PHILIPPE NIESTEN

Director · since 22 octobre 2019

Active
GEORGE HANSOUL

Director

Active
MARIE-NOELLE ENGLEBERT-THOMAS

Chairman of the board of directors

Active

Ended mandates

DIDIER BOTTIN

Director · since 02 juillet 2024 · until 02 juillet 2028

Ended
JULIE RAVET

Director · since 02 juillet 2024 · until 02 juillet 2028

Ended
LUC NIESTEN

Vice-chairman of the board of directors · since 02 juillet 2024 · until 02 juillet 2028

Ended
PHILIPPE NIESTEN

Chairman of the board of directors · since 22 octobre 2019

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date03/07/202615/07/202506/07/202404/07/202306/06/202219/07/2021
General meeting29/06/202602/06/202503/06/202422/06/202323/05/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202603/07/2026FrenchPDF
Abridged model31/12/202402/06/202515/07/2025FrenchPDF
Abridged model31/12/202303/06/202406/07/2024FrenchPDF
Abridged model31/12/202222/06/202304/07/2023FrenchPDF
Abridged model31/12/202123/05/202206/06/2022FrenchPDF
Abridged model31/12/202007/06/202119/07/2021FrenchPDF
Abridged model31/12/201906/07/202004/08/2020FrenchPDF
Abridged model31/12/201827/05/201906/08/2019FrenchPDF
Abridged model31/12/201723/05/201819/07/2018FrenchPDF
Abridged model31/12/201622/05/201713/06/2018FrenchPDF
Abridged model31/12/201509/05/201612/07/2016FrenchPDF
Abridged model31/12/201401/06/201516/07/2015FrenchPDF
Abridged model31/12/201305/05/201422/07/2014FrenchPDF
Abridged model31/12/201206/05/201319/07/2013FrenchPDF
Abridged model31/12/201114/05/201217/07/2012FrenchPDF
Abridged model31/12/201016/05/201130/08/2011FrenchPDF
Abridged model31/12/200903/06/201031/07/2010FrenchPDF
Abridged model31/12/200814/05/200918/05/2009FrenchPDF
Abridged model31/12/200726/05/200820/06/2008FrenchPDF
Abridged model31/12/200621/05/200718/06/2007FrenchPDF

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 · 16 ended

Active mandates

PHILIPPE NIESTEN

Director · since 22 octobre 2019

Active
GEORGE HANSOUL

Director

Active
MARIE-NOELLE ENGLEBERT-THOMAS

Chairman of the board of directors

Active

Ended mandates

DIDIER BOTTIN

Director · since 02 juillet 2024 · until 02 juillet 2028

Ended
JULIE RAVET

Director · since 02 juillet 2024 · until 02 juillet 2028

Ended
LUC NIESTEN

Vice-chairman of the board of directors · since 02 juillet 2024 · until 02 juillet 2028

Ended
PHILIPPE NIESTEN

Chairman of the board of directors · since 22 octobre 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other17/08/2026
    renouvellement de la '
    PDF
  • Mandates11/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/09/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other12/05/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates01/04/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/02/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/10/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/07/2016
    DEMISSIONS, NOMINATIONS
    PDF

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 2025139,3 €
  2. 2024
    Annual accounts 2024397,9 €
  3. 2023
    Annual accounts 2023268,5 €
  4. 2022
    Annual accounts 2022432 €
  5. 2021
    Annual accounts 2021423,2 €
  6. 2020
    Annual accounts 20201,5 k €
  7. 2019
    Annual accounts 20191,4 k €
  8. 2018
    Annual accounts 20181,1 k €
  9. 2017
    Annual accounts 20171,6 k €
  10. 2016
    Annual accounts 20168,4 k €
  11. 2015
    Annual accounts 20153,6 k €
  12. 2014
    Annual accounts 201415,4 k €
  13. 2013
    Annual accounts 201380,8 k €
  14. 2012
    Annual accounts 2012-73,4 k €
  15. 2011
    Annual accounts 2011-1,9 k €
  16. 2010
    Annual accounts 201023,3 k €
  17. 2009
    Annual accounts 200923,9 k €
  18. 2008
    Annual accounts 20087,7 k €
  19. 2007
    Annual accounts 20077,1 k €
  20. 29/06/1989
    IncorporationNon-profit organization