ACTIVE

INSTITUT

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Financial year 2025 · closed on 31/12/2025

Net result

246 €

-94.2% YoY

Gross margin

76,6 k €

-7.4% YoY

Equity

56,5 k €

+0.4% YoY

What does INSTITUT do?

INSTITUT is a Private limited company incorporated in 1990. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0441.980.894

Incorporation

13/11/1990

Legal form

Private limited company

Registered office

Rue Emmanuel Van Driessche 37
1050 Ixelles · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

45111Sale of cars and light motor vehicles· main 46711Wholesale of solid, liquid and gaseous fuels and related products 50101Sea and coastal passenger water transport 96022Hairdressing and other beauty treatment 96220Other personal service activities 96022Hairdressing and other beauty treatment+1

Joint committees (1)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	76,6 k €	-7.4%	82,8 k €	+5.3%	78,6 k €	-14.3%	91,8 k €	+4.9%	87,5 k €	-2.6%	89,8 k €	-37.3%	143,2 k €	+54.8%	92,5 k €	+6.9%	86,5 k €	+47.2%	58,8 k €	+52.9%	38,4 k €	-18.6%	47,2 k €	+17.5%	40,2 k €	+79.3%	22,4 k €	-35.6%	34,8 k €	+75.4%	19,8 k €	+37.0%	14,5 k €	-1.1%	14,6 k €	-2.3%	15 k €	-1.3%	15,2 k €
EBITDA	28,9 k €	-22.5%	37,3 k €	+8.1%	34,5 k €	-36.2%	54 k €	+58.1%	34,2 k €	-0.1%	34,2 k €	-49.8%	68,2 k €	+41.7%	48,2 k €	-12.4%	55 k €	+23.0%	44,7 k €	+29.2%	34,6 k €	-19.6%	43 k €	+16.1%	37,1 k €	+86.1%	19,9 k €	-37.7%	31,9 k €	+77.5%	18 k €	+38.7%	13 k €	+49.2%	8,7 k €	+10.1%	7,9 k €	-7.9%	8,6 k €
Operating result	9 k €	-48.4%	17,4 k €	+133%	7,4 k €	-72.6%	27,2 k €	+207%	8,9 k €	-0.5%	8,9 k €	-70.6%	30,3 k €	-2.5%	31,1 k €	+0.2%	31 k €	+60.2%	19,3 k €	+76.6%	11 k €	-12.5%	12,5 k €	-12.2%	14,3 k €	+56.8%	9,1 k €	-7.5%	9,8 k €	+43.4%	6,9 k €	+39.0%	4,9 k €	+1010%	-542,4 €	+59.9%	-1,4 k €	-726%	215,9 €
Net result	246 €	-94.2%	4,2 k €	+291%	-2,2 k €	-115%	14,2 k €	+467%	2,5 k €	+196%	850 €	-95.1%	17,4 k €	-12.4%	19,9 k €	+11.3%	17,8 k €	+304%	4,4 k €	+1152%	352,7 €	-94.7%	6,7 k €	+21.8%	5,5 k €	+668%	-965,4 €	-373%	353,6 €	+10.0%	321,5 €	-92.6%	4,4 k €	+564%	658 €	-84.9%	4,4 k €	+252%	1,2 k €
Balance sheet
Equity	56,5 k €	+0.4%	56,2 k €	-18.9%	69,3 k €	-3.1%	71,5 k €	+24.9%	57,3 k €	-17.9%	69,8 k €	+1.2%	68,9 k €	+33.8%	51,5 k €	+23.7%	41,7 k €	-46.0%	77,2 k €	+6.1%	72,8 k €	+0.5%	72,4 k €	+0.9%	71,7 k €	+1.7%	70,6 k €	-1.3%	71,5 k €	+0.5%	71,2 k €	+0.5%	70,8 k €	-12.0%	80,5 k €	+0.8%	79,8 k €	+5.8%	75,5 k €
Total assets	217,4 k €	-9.9%	241,3 k €	-9.3%	266,1 k €	-9.0%	292,4 k €	-2.6%	300,1 k €	-4.9%	315,7 k €	-6.1%	336,1 k €	+19.1%	282,1 k €	-0.3%	283,1 k €	-15.0%	333,2 k €	+5.0%	317,4 k €	-6.4%	339 k €	+2.6%	330,4 k €	-2.6%	339,3 k €	-4.8%	356,3 k €	+2.1%	348,9 k €	+280%	91,9 k €	-11.9%	104,3 k €	-9.5%	115,3 k €	+28.1%	90 k €
Cash	55,6 k €	-0.9%	56,1 k €	-6.8%	60,2 k €	+5.5%	57,1 k €	-3.7%	59,3 k €	+14.3%	51,9 k €	-3.0%	53,5 k €	-26.4%	72,7 k €	+15.0%	63,2 k €	+56.8%	40,3 k €	-2.4%	41,3 k €	+9.6%	37,7 k €	+17.3%	32,1 k €	+8.4%	29,6 k €	-19.9%	37 k €	-0.1%	37,1 k €	+310%	9 k €	-35.8%	14,1 k €	-31.7%	20,6 k €	+132%	8,9 k €
Debts	159,4 k €	-13.2%	183,5 k €	-6.0%	195,3 k €	-11.0%	219,4 k €	-9.1%	241,3 k €	-1.9%	245,9 k €	-7.9%	267 k €	+15.8%	230,6 k €	-4.5%	241,5 k €	-5.7%	256 k €	+4.7%	244,5 k €	-8.3%	266,6 k €	+3.1%	258,6 k €	-3.8%	268,8 k €	-5.6%	284,8 k €	+2.6%	277,6 k €	+1219%	21 k €	-11.6%	23,8 k €	-23.7%	31,2 k €	+131%	13,5 k €
Other
Workforce	–		–		–		–		–		–		–		1,3 ETP	+30.0%	1,0 ETP	+233%	0,3 ETP		–		–		–		–		–		–		–		0,2 ETP		–		0,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 12 ended

Active mandates

Valérie THISSEN

Director · since 25 septembre 2017

Active

Ended mandates

Cedric Allard

Director · since 01 septembre 2016 · until 01 septembre 2022

Ended

Anne Thissen

Director · since 02 juin 2014 · until 01 septembre 2016

Ended

Anne Thissen

Director · since 02 juin 2014 · until 02 juin 2020

Ended

Valérie Thissen

Director · since 02 juin 2014 · until 02 juin 2020

Ended

At this address

Other companies at this address

Company	CBE no.
Association des copropriétaires de l'immeuble sis à Ixelles, rue Emmanuel Van Driessche 37● Active	0822.205.553

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	08/06/2026	01/07/2025	03/07/2024	04/07/2023	20/10/2022	31/10/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	13/10/2022	29/10/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	01/06/2026	08/06/2026	French	PDF
Micro model	31/12/2024	02/06/2025	01/07/2025	French	PDF
Micro model	31/12/2023	03/06/2024	03/07/2024	French	PDF
Micro model	31/12/2022	05/06/2023	04/07/2023	French	PDF
Micro model	31/12/2021	13/10/2022	20/10/2022	French	PDF
Micro model	31/12/2020	29/10/2021	31/10/2021	French	PDF
Micro model	31/12/2019	31/10/2020	30/11/2020	French	PDF
Abridged model	31/12/2018	30/06/2019	30/07/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	31/07/2018	French	PDF
Abridged model	31/12/2016	27/06/2017	26/07/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	28/07/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	30/07/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	20/06/2014	French	PDF
Abridged model	31/12/2012	03/06/2013	28/06/2013	French	PDF
Abridged model	31/12/2011	04/06/2012	27/06/2012	French	PDF
Abridged model	31/12/2010	06/06/2011	05/07/2011	French	PDF
Abridged model	31/12/2009	07/06/2010	21/06/2010	French	PDF
Abridged model	31/12/2008	01/06/2009	26/06/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	30/07/2008	French	PDF
Abridged model	31/12/2006	04/06/2007	26/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 1 active · 12 ended

Active mandates

Valérie THISSEN

Director · since 25 septembre 2017

Active

Ended mandates

Cedric Allard

Director · since 01 septembre 2016 · until 01 septembre 2022

Ended

Anne Thissen

Director · since 02 juin 2014 · until 01 septembre 2016

Ended

Anne Thissen

Director · since 02 juin 2014 · until 02 juin 2020

Ended

Valérie Thissen

Director · since 02 juin 2014 · until 02 juin 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/04/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates18/10/2017
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates25/10/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates03/07/2014
DEMISSIONS, NOMINATIONS
PDF
Registered office14/10/2010
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
PDF
Mandates29/08/2008
DEMISSIONS, NOMINATIONS
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 2025246 €↓
2024
Annual accounts 20244,2 k €↑
2023
Annual accounts 2023-2,2 k €↓
2022
Annual accounts 202214,2 k €↑
2021
Annual accounts 20212,5 k €↑
2020
Annual accounts 2020850 €↓
2019
Annual accounts 201917,4 k €↓
2018
Annual accounts 201819,9 k €↑
2017
Annual accounts 201717,8 k €↑
2016
Annual accounts 20164,4 k €↑
2015
Annual accounts 2015352,7 €↓
2014
Annual accounts 20146,7 k €↑
2013
Annual accounts 20135,5 k €↑
2012
Annual accounts 2012-965,4 €↓
2011
Annual accounts 2011353,6 €↑
2010
Annual accounts 2010321,5 €↓
2009
Annual accounts 20094,4 k €↑
2008
Annual accounts 2008658 €↓
2007
Annual accounts 20074,4 k €↑
2006
Annual accounts 20061,2 k €
13/11/1990
IncorporationPrivate limited company

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

INSTITUT

Overview

What does INSTITUT do?

Trend over 20 financial years

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