ACTIVE

Renaissance

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Financial year 2025 · closed on 31/12/2025

Net result

-58 k €

+18.2% YoY

Gross margin

1,8 M €

+3.8% YoY

Equity

5,2 M €

+164.3% YoY

Workforce

20,5 ETP

+1.0% YoY

What does Renaissance do?

Renaissance is a Non-profit organization incorporated in 1993. Its main activity is: General secondary education. Its registered office is in Braine-l'Alleud. It employs on average 20,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0450.723.069

Incorporation

10/06/1993

Legal form

Non-profit organization

Registered office

Rue Pré Blanche Maison 34
1421 Braine-l'Alleud · WallonieSee on map

Latest accounts

31/12/2025

Average workforce

20,5 ETP

Activities (NACE)

85314General secondary education· main 87202Residential care activities for mental retardation, mental health and substance abuse 87202Residential care activities for mental retardation, mental health and substance abuse

Joint committees (1)

31902

Signals

Solid equityLow riskGood liquidityPositive cashflowHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013
Income statement
Gross margin	1,8 M €	+3.8%	1,8 M €	+0.3%	1,8 M €	+8.6%	1,6 M €	+11.9%	1,4 M €	-0.6%	1,5 M €	+10.7%	1,3 M €	+0.1%	1,3 M €	+5.0%	1,2 M €	-1.3%	1,3 M €	+3.4%	1,2 M €	-2.6%	1,3 M €
EBITDA	-8,4 k €	+69.5%	-27,6 k €	-170%	39,4 k €	+129%	17,3 k €	-44.7%	31,2 k €	-68.0%	97,5 k €	+7048%	-1,4 k €	+87.3%	-11,1 k €	+89.3%	-103,8 k €	-1205%	9,4 k €	+120%	-46,8 k €	-191%	51,6 k €
Operating result	-127,9 k €	+7.6%	-138,4 k €	-107%	-66,7 k €	+24.9%	-88,9 k €	+5.9%	-94,5 k €	-438%	-17,6 k €	+84.8%	-115,6 k €	+1.4%	-117,2 k €	+37.9%	-188,7 k €	-148%	-76,2 k €	+40.2%	-127,4 k €	-285%	-33,1 k €
Net result	-58 k €	+18.2%	-70,9 k €	-328%	31,1 k €	+158%	-53,8 k €	-100%	-26,9 k €	-150%	53,7 k €	+223%	-43,7 k €	-169%	-16,3 k €	+87.3%	-128,1 k €	-536%	-20,1 k €	+64.0%	-55,9 k €	-261%	34,7 k €
Balance sheet
Equity	5,2 M €	+164%	2 M €	+4.0%	1,9 M €	-1.7%	1,9 M €	-2.5%	2 M €	+36.7%	1,5 M €	+1.4%	1,4 M €	-2.7%	1,5 M €	+1.5%	1,5 M €	-10.5%	1,6 M €	-4.3%	1,7 M €	-6.1%	1,8 M €
Total assets	6 M €	+108%	2,9 M €	+7.8%	2,7 M €	-6.4%	2,9 M €	+2.0%	2,8 M €	+16.5%	2,4 M €	+2.6%	2,4 M €	-1.8%	2,4 M €	+22.2%	2 M €	-5.9%	2,1 M €	-1.7%	2,1 M €	-7.0%	2,3 M €
Cash	2,7 M €	+2135%	121 k €	-26.0%	163,5 k €	-71.1%	566,4 k €	-14.1%	659,4 k €	+322%	156,4 k €	+233%	46,9 k €	-78.2%	215 k €	+335%	49,4 k €	-54.0%	107,3 k €	+291%	27,5 k €	-69.7%	90,5 k €
Debts	765,8 k €	-15.9%	910,8 k €	+17.1%	777,8 k €	-12.8%	892,1 k €	+9.7%	813,1 k €	-10.3%	906,4 k €	+4.7%	865,5 k €	-0.6%	870,9 k €	+85.5%	469,4 k €	+13.3%	414,2 k €	-1.5%	420,6 k €	-5.8%	446,3 k €
Other
Workforce	20,5 ETP	+1.0%	20,3 ETP	-12.1%	23,1 ETP	+1.3%	22,8 ETP	+15.2%	19,8 ETP	-1.5%	20,1 ETP	+0.5%	20,0 ETP	+5.8%	18,9 ETP	-5.5%	20,0 ETP	-3.8%	20,8 ETP	+12.4%	18,5 ETP	-1.1%	18,7 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 · 10 active · 57 ended

Active mandates

Isabelle RASMONT

Director · since 02 juin 2025 · until 02 juin 2028

Active

Annie Darras

Director · since 23 juin 2021 · until 14 mai 2027

Active

Danielle Fronville

Secretaire général · since 23 juin 2021 · until 14 mai 2027

Active

François Klinkemallie

Director · since 23 juin 2021 · until 14 mai 2027

Active

Gerald Haywood

Director · since 23 juin 2021 · until 14 mai 2027

Active

Jean Fossion

Trésorier · since 23 juin 2021 · until 14 mai 2027

Active

Laurence Struye

Director · since 23 juin 2021 · until 14 mai 2027

Active

Michel Massart

Director · since 23 juin 2021 · until 14 mai 2027

Active

Patrice Courtin

Director · since 23 juin 2021 · until 14 mai 2027

Active

Stéphane Emmanuélidis

Chairman of the board of directors · since 23 juin 2021 · until 14 mai 2027

Active

Ended mandates

Annie Darras

Director · since 23 juin 2021 · until 14 mai 2024

Ended

Danielle Fronville

Secretaire général · since 23 juin 2021 · until 14 mai 2024

Ended

François Klinkemallie

Director · since 23 juin 2021 · until 14 mai 2024

Ended

Gerald Haywood

Director · since 23 juin 2021 · until 14 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	08/06/2026	06/06/2025	30/05/2024	22/06/2023	17/06/2022	28/06/2021
General meeting	01/06/2026	02/06/2025	14/05/2024	19/06/2023	13/06/2022	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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	08/06/2026	French	PDF
Abridged model	31/12/2024	02/06/2025	06/06/2025	French	PDF
Abridged model	31/12/2023	14/05/2024	30/05/2024	French	PDF
Abridged model	31/12/2022	19/06/2023	22/06/2023	French	PDF
Abridged model	31/12/2021	13/06/2022	17/06/2022	French	PDF
Abridged model	31/12/2020	23/06/2021	28/06/2021	French	PDF
Abridged modelCorrection	31/12/2019	29/06/2020	18/03/2021	French	PDF
Abridged model	31/12/2019	29/06/2020	02/07/2020	French	PDF
Abridged model	31/12/2018	24/06/2019	30/07/2019	French	PDF
Abridged model	31/12/2017	11/06/2018	18/06/2018	French	PDF
Abridged model	31/12/2016	28/06/2017	23/08/2017	French	PDF
Abridged model	31/12/2015	16/06/2016	29/06/2016	French	PDF
Abridged model	31/12/2014	02/06/2015	09/06/2015	French	PDF
Abridged model	31/12/2013	04/06/2014	14/08/2014	French	PDF
Abridged model	31/12/2012	12/06/2013	30/07/2013	French	PDF
Abridged model	31/12/2011	13/06/2012	12/09/2012	French	PDF
Abridged model	31/12/2010	08/06/2011	16/06/2011	French	PDF
Abridged model	31/12/2009	02/06/2010	26/07/2010	French	PDF
Abridged model	31/12/2008	10/06/2009	03/11/2009	French	PDF
Abridged model	31/12/2007	28/04/2008	13/08/2008	French	PDF
Abridged model	31/12/2006	13/06/2007	28/06/2007	French	PDF

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 · 10 active · 57 ended

Active mandates

Isabelle RASMONT

Director · since 02 juin 2025 · until 02 juin 2028

Active

Annie Darras

Director · since 23 juin 2021 · until 14 mai 2027

Active

Danielle Fronville

Secretaire général · since 23 juin 2021 · until 14 mai 2027

Active

François Klinkemallie

Director · since 23 juin 2021 · until 14 mai 2027

Active

Gerald Haywood

Director · since 23 juin 2021 · until 14 mai 2027

Active

Jean Fossion

Trésorier · since 23 juin 2021 · until 14 mai 2027

Active

Laurence Struye

Director · since 23 juin 2021 · until 14 mai 2027

Active

Michel Massart

Director · since 23 juin 2021 · until 14 mai 2027

Active

Patrice Courtin

Director · since 23 juin 2021 · until 14 mai 2027

Active

Stéphane Emmanuélidis

Chairman of the board of directors · since 23 juin 2021 · until 14 mai 2027

Active

Ended mandates

Annie Darras

Director · since 23 juin 2021 · until 14 mai 2024

Ended

Danielle Fronville

Secretaire général · since 23 juin 2021 · until 14 mai 2024

Ended

François Klinkemallie

Director · since 23 juin 2021 · until 14 mai 2024

Ended

Gerald Haywood

Director · since 23 juin 2021 · until 14 mai 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

18/09/2026
—
PDF
Mandates21/11/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates10/12/2024
DEMISSIONS, NOMINATIONS
PDF
Other19/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates28/10/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates01/10/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates26/05/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates21/10/2019
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 2025-58 k €↑
2024
Annual accounts 2024-70,9 k €↓
2023
Annual accounts 202331,1 k €↑
2022
Annual accounts 2022-53,8 k €↓
2021
Annual accounts 2021-26,9 k €↓
2019
Annual accounts 201953,7 k €↑
2018
Annual accounts 2018-43,7 k €↓
2017
Annual accounts 2017-16,3 k €↑
2016
Annual accounts 2016-128,1 k €↓
2015
Annual accounts 2015-20,1 k €↑
2014
Annual accounts 2014-55,9 k €↓
2013
Annual accounts 201334,7 k €
10/06/1993
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

Renaissance

Overview

What does Renaissance do?

Trend over 12 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