FONDATION RECHERCHE ALZHEIMER
0457.127.445 · rovalta.com · 26/09/2026
ACTIVE
FONDATION RECHERCHE ALZHEIMER
Financial year 2025 · Closed on 31/12/2025
Net result-467,2 k €-552,7 %over 1 year
Gross margin-1 M €-838,5 %over 1 year
Equity3,3 M €-12,3 %over 1 year
Workforce4,0 ETP+33,3 %over 1 year
Overview
Identity
Source · BCE/KBOFONDATION RECHERCHE ALZHEIMER is a Public utility foundation incorporated in 1996. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Bruxelles. It employs on average 4,0 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0457.127.445
- Incorporation
- 01/02/1996
- Legal form
- Public utility foundation
- Registered office
- Avenue du Bourget 42 box 6
1130 Bruxelles · BruxellesSee on map - Latest accounts
- 31/12/2025
- Average workforce
- 4,0 ETP
Activities (NACE)
Joint committees (1)
- 337
Signals
Good liquidity
Financials
Source · NBB, 8 filingsTrend over 7 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | -1 M € | -839% | -109,7 k € | +90.7% | -1,2 M € | -245% | 814,2 k € | -59.1% | 2 M € |
| EBITDA | -1,1 M € | -489% | -192,2 k € | +84.7% | -1,3 M € | -268% | 745,7 k € | -61.3% | 1,9 M € |
| Operating result | -1,1 M € | -484% | -194,6 k € | +84.5% | -1,3 M € | -271% | 733,7 k € | -61.6% | 1,9 M € |
| Net result | -467,2 k € | -553% | -71,6 k € | +94.2% | -1,2 M € | -269% | 726,6 k € | -61.9% | 1,9 M € |
| Balance sheet | |||||||||
| Equity | 3,3 M € | -12.3% | 3,8 M € | -1.8% | 3,9 M € | -24.1% | 5,1 M € | +16.6% | 4,4 M € |
| Total assets | 12,7 M € | +2.9% | 12,4 M € | +6.4% | 11,6 M € | -5.0% | 12,2 M € | +12.0% | 10,9 M € |
| Cash | 1,7 M € | -9.8% | 1,9 M € | -8.4% | 2,1 M € | -81.1% | 11,2 M € | +34.3% | 8,3 M € |
| Debts | 9,4 M € | +9.6% | 8,6 M € | +11.5% | 7,7 M € | +7.8% | 7,1 M € | +9.0% | 6,5 M € |
| Other | |||||||||
| Workforce | 4,0 ETP | +33.3% | 3,0 ETP | 0.0% | 3,0 ETP | 0.0% | 3,0 ETP | 0.0% | 3,0 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20256 active · 10 ended
Active mandates
ANNIE COURBET
ActiveJOOST MARTENS
ActiveLUC JANSEN
ActiveMICHELINE BODSON
ActiveWILFRIED NYS
ActiveWILLY SCHALK
ActiveEnded mandates
BEN SCHALK
EndedWILFRIED NYS
EndedLUC JANSEN
EndedMICHELINE BODSON
EndedOther companies at this address
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|---|---|
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Recticel Group● Active | 1011.857.280 |
RECTICEL INTERNATIONAL SERVICES● Active | 0428.343.981 |
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Financials
Full financial information
Source · NBB| 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 | 26/06/2026 | 18/06/2025 | 12/07/2024 | 30/06/2023 | 29/06/2022 | 24/08/2021 |
| General meeting | 12/05/2026 | 10/06/2025 | 24/04/2024 | 13/05/2023 | 26/03/2022 | 26/04/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 8 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 12/05/2026 | 26/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 10/06/2025 | 18/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 24/04/2024 | 12/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 13/05/2023 | 30/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 26/03/2022 | 29/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 26/04/2021 | 24/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 15/06/2020 | 29/07/2020 | Dutch | |
| Abridged model | 31/12/2006 | 28/04/2007 | 21/05/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 5 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20256 active · 10 ended
Active mandates
ANNIE COURBET
ActiveJOOST MARTENS
ActiveLUC JANSEN
ActiveMICHELINE BODSON
ActiveWILFRIED NYS
ActiveWILLY SCHALK
ActiveEnded mandates
BEN SCHALK
EndedWILFRIED NYS
EndedLUC JANSEN
EndedMICHELINE BODSON
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates27/05/2026ONTSLAGEN - BENOEMINGEN
- Mandates11/05/2026ONTSLAGEN - BENOEMINGEN
- Mandates24/02/2026ONTSLAGEN - BENOEMINGEN
- Mandates24/02/2025ONTSLAGEN - BENOEMINGEN
- Mandates10/05/2024ONTSLAGEN - BENOEMINGEN
- Other13/11/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Other13/11/2023STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates23/06/2023MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-467,2 k €↓
- 2024Annual accounts 2024-71,6 k €↑
- 2023Annual accounts 2023-1,2 M €↓
- 2022Annual accounts 2022726,6 k €↓
- 2021Annual accounts 20211,9 M €↑
- 2020Annual accounts 2020-436,3 k €↓
- 2019Annual accounts 2019-400,4 k €
- 01/02/1996IncorporationPublic utility foundation