ACTIVE

L'Eau vive

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Financial year 2025 · closed on 31/12/2025

Net result

-4,3 k €

+26.3% YoY

Gross margin

1,2 M €

+1.2% YoY

Equity

517,6 k €

-1.2% YoY

Workforce

14,4 ETP

-5.3% YoY

What does L'Eau vive do?

L'Eau vive is a Non-profit organization incorporated in 1991. Its main activity is: General secondary education. Its registered office is in Beauraing. It employs on average 14,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0445.670.953

Incorporation

01/08/1991

Legal form

Non-profit organization

Registered office

rue du Tombois,Pd 12
5574 Beauraing · WallonieSee on map

Latest accounts

31/12/2025

Average workforce

14,4 ETP

Activities (NACE)

85313General secondary education· main 87901Other residential care activities 87991Other residential care activities

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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	1,2 M €	+1.2%	1,1 M €	+3.3%	1,1 M €	+6.9%	1 M €	+6.0%	981,8 k €	-3.4%	1 M €	+4.7%	970,6 k €	+5.6%	919,2 k €	+1.5%	905,9 k €	+3.2%	878,2 k €	+1.7%	863,6 k €	+4.2%	828,9 k €	+0.6%	824,1 k €	-0.7%	829,8 k €	+9.6%	757,1 k €	+2.0%	742,5 k €	-8.8%	813,9 k €	+14.3%	712,3 k €
EBITDA	15,1 k €	-1.5%	15,4 k €	+1366%	1 k €	-93.2%	15,3 k €	-66.1%	45,1 k €	+59.2%	28,3 k €	+59.1%	17,8 k €	+8.2%	16,5 k €	-33.9%	24,9 k €	+11.1%	22,4 k €	-3.4%	23,2 k €	+157%	-40,4 k €	-590%	-5,9 k €	-231%	4,5 k €	+395%	-1,5 k €	-170%	2,2 k €	-93.9%	35,5 k €	+212%	-31,8 k €
Operating result	-9,5 k €	+8.4%	-10,3 k €	+54.0%	-22,5 k €	-413%	-4,4 k €	-121%	20,8 k €	+104%	10,2 k €	+1064%	-1,1 k €	+71.5%	-3,7 k €	-174%	5 k €	+29.9%	3,9 k €	-46.2%	7,2 k €	+113%	-55,4 k €	-167%	-20,7 k €	-94.9%	-10,6 k €	+19.4%	-13,2 k €	-49.5%	-8,8 k €	-142%	21,2 k €	+146%	-46,2 k €
Net result	-4,3 k €	+26.3%	-5,9 k €	+71.8%	-20,9 k €	-396%	-4,2 k €	-120%	21,1 k €	+101%	10,5 k €	+342%	2,4 k €	+225%	728 €	-93.7%	11,5 k €	+37.9%	8,4 k €	-24.7%	11,1 k €	+123%	-47,3 k €	-423%	-9 k €	-1287%	761 €	+111%	-7,1 k €	-274%	4,1 k €	-89.2%	37,7 k €	+317%	-17,4 k €
Balance sheet
Equity	517,6 k €	-1.2%	523,8 k €	-1.5%	532 k €	-4.2%	555,1 k €	-1.1%	561,5 k €	+4.3%	538,2 k €	+1.3%	531 k €	-0.2%	532 k €	-0.7%	535,6 k €	+3.5%	517,5 k €	+3.5%	500,1 k €	+1.7%	491,6 k €	-9.3%	541,8 k €	-2.2%	553,7 k €	+1.1%	547,9 k €	-1.5%	556,3 k €	+0.8%	551,7 k €	+7.9%	511,4 k €
Total assets	939,3 k €	-2.3%	961,4 k €	+5.8%	908,5 k €	+4.9%	866,4 k €	-0.7%	872,7 k €	+8.4%	805,2 k €	+1.7%	791,6 k €	+14.9%	688,8 k €	-4.0%	717,2 k €	+4.4%	686,9 k €	+1.6%	676,1 k €	+8.1%	625,7 k €	-9.7%	693,1 k €	-0.3%	694,9 k €	-3.3%	718,7 k €	+0.5%	715 k €	+7.6%	664,7 k €	-1.8%	676,6 k €
Cash	476,6 k €	+0.4%	474,9 k €	-13.4%	548,6 k €	-6.1%	583,9 k €	+0.9%	578,8 k €	+5.1%	550,5 k €	+7.7%	511,4 k €	+34.8%	379,3 k €	-6.0%	403,3 k €	+13.7%	354,7 k €	-9.2%	390,8 k €	+60.8%	243,1 k €	-18.3%	297,6 k €	-4.0%	310 k €	-13.1%	356,9 k €	+4.9%	340,3 k €	+5.7%	321,8 k €	+214%	102,4 k €
Debts	361,7 k €	-17.3%	437,2 k €	+56.5%	279,3 k €	+9.0%	256,3 k €	-15.7%	304,2 k €	+22.4%	248,6 k €	+1.9%	243,9 k €	+56.4%	155,9 k €	-8.9%	171,3 k €	+7.8%	158,9 k €	-7.6%	172,1 k €	+28.3%	134,1 k €	-11.2%	151 k €	+6.9%	141,2 k €	+8.2%	130,5 k €	-14.8%	153,2 k €	+38.0%	111 k €	-32.8%	165,3 k €
Other
Workforce	14,4 ETP	-5.3%	15,2 ETP	+0.7%	15,1 ETP	+2.7%	14,7 ETP	+4.3%	14,1 ETP	-3.4%	14,6 ETP	+3.5%	14,1 ETP	-2.1%	14,4 ETP	+2.9%	14,0 ETP	0.0%	14,0 ETP	-3.4%	14,5 ETP	+2.8%	14,1 ETP	-9.6%	15,6 ETP	+5.4%	14,8 ETP	-2.0%	15,1 ETP	+2.0%	14,8 ETP	+5.7%	14,0 ETP	-4.1%	14,6 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 · 7 active · 11 ended

Active mandates

Anne-Françoise GRANDJEAN

Director

Active

Etienne HESBOIS

Director

Active

Jean-Grégoire SEPULCHRE

Chairman of the board of directors

Active

Nathalie BLONDIAUX

Director

Active

Pascale BALBEUR

Director

Active

Rudy MOISSE

Director

Active

Valérie DARDENNE

Director

Active

Ended mandates

Etienne BEGUIN

Director

Ended

Guy VANCRAEYNEST

Chairman of the board of directors

Ended

Huguette EVRARD

Director

Ended

Jean-Grégoire SEPULCHRE

Director

Ended

At this address

Other companies at this address

Company	CBE no.
SYLVIANE● Active	0870.413.266

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	24/06/2026	01/07/2025	27/06/2024	29/06/2023	06/07/2022	19/07/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	25/06/2022	19/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/06/2026	24/06/2026	French	PDF
Abridged model	31/12/2024	20/06/2025	01/07/2025	French	PDF
Abridged model	31/12/2023	21/06/2024	27/06/2024	French	PDF
Abridged model	31/12/2022	16/06/2023	29/06/2023	French	PDF
Abridged model	31/12/2021	25/06/2022	06/07/2022	French	PDF
Abridged model	31/12/2020	19/06/2021	19/07/2021	French	PDF
Abridged model	31/12/2019	20/06/2020	23/06/2020	French	PDF
Abridged model	31/12/2018	08/06/2019	26/06/2019	French	PDF
Abridged model	31/12/2017	09/06/2018	30/07/2018	French	PDF
Abridged model	31/12/2016	03/06/2017	10/07/2017	French	PDF
Abridged model	31/12/2015	11/06/2016	30/06/2016	French	PDF
Abridged model	31/12/2014	06/06/2015	20/07/2015	French	PDF
Abridged model	31/12/2013	31/05/2014	16/06/2014	French	PDF
Abridged model	31/12/2012	18/06/2013	25/06/2013	French	PDF
Abridged model	31/12/2011	09/06/2012	12/06/2012	French	PDF
Abridged model	31/12/2010	18/06/2011	21/06/2011	French	PDF
Abridged model	31/12/2009	12/06/2010	30/06/2010	French	PDF
Abridged model	31/12/2008	13/06/2009	17/06/2009	French	PDF
Abridged model	31/12/2007	07/06/2008	25/07/2008	French	PDF
Abridged model	31/12/2006	16/06/2007	10/08/2007	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 · 7 active · 11 ended

Active mandates

Anne-Françoise GRANDJEAN

Director

Active

Etienne HESBOIS

Director

Active

Jean-Grégoire SEPULCHRE

Chairman of the board of directors

Active

Nathalie BLONDIAUX

Director

Active

Pascale BALBEUR

Director

Active

Rudy MOISSE

Director

Active

Valérie DARDENNE

Director

Active

Ended mandates

Etienne BEGUIN

Director

Ended

Guy VANCRAEYNEST

Chairman of the board of directors

Ended

Huguette EVRARD

Director

Ended

Jean-Grégoire SEPULCHRE

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/07/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates09/09/2022
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates05/02/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates23/11/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates10/04/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates28/10/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates21/12/2004
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - 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 2025-4,3 k €↑
2024
Annual accounts 2024-5,9 k €↑
2023
Annual accounts 2023-20,9 k €↓
2022
Annual accounts 2022-4,2 k €↓
2021
Annual accounts 202121,1 k €↑
2020
Annual accounts 202010,5 k €↑
2019
Annual accounts 20192,4 k €↑
2018
Annual accounts 2018728 €↓
2017
Annual accounts 201711,5 k €↑
2016
Annual accounts 20168,4 k €↓
2015
Annual accounts 201511,1 k €↑
2014
Annual accounts 2014-47,3 k €↓
2013
Annual accounts 2013-9 k €↓
2012
Annual accounts 2012761 €↑
2011
Annual accounts 2011-7,1 k €↓
2010
Annual accounts 20104,1 k €↓
2009
Annual accounts 200937,7 k €↑
2008
Annual accounts 2008-17,4 k €
01/08/1991
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

L'Eau vive

Overview

What does L'Eau vive do?

Trend over 18 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