ACTIVE

Initiative Formation Insertion

Financial year 2024 · Closed on 31/12/2024

Net result
-287,4 k €
-880,5 %over 1 year
Gross margin
951,5 k €
+9,9 %over 1 year
Equity
375,2 k €
-43,9 %over 1 year
Workforce
12,0 ETP
+3,4 %over 1 year

Identity

Source · BCE/KBO

Initiative Formation Insertion is a Non-profit organization incorporated in 1997. Its main activity is: Activities of other membership organisations n.e.c.. Its registered office is in Tournai. It employs on average 12,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0461.790.274
Incorporation
13/11/1997
Legal form
Non-profit organization
Registered office
Rue Jeanne d'Arc(TOU) 52
7500 Tournai · WallonieSee on map
Latest accounts
31/12/2024
Average workforce
12,0 ETP
Joint committees (2)
  • 31902
  • 32902
Contacts
1 public detail availableLog in to view
Signals
Solid equityGood liquidityHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 15 financial years

20242023202220212020
Income statement
Gross margin951,5 k €865,9 k €744,6 k €669,9 k €752,5 k €
EBITDA-247,1 k €16,1 k €65,4 k €17 k €15,1 k €
Operating result-293,5 k €-32,2 k €36,2 k €-2,8 k €-5,9 k €
Net result-287,4 k €-29,3 k €41,6 k €2,3 k €339,4 €
Balance sheet
Equity375,2 k €668,9 k €704,5 k €126,1 k €130,1 k €
Total assets967,1 k €1,1 M €1,1 M €997,9 k €991 k €
Cash364,9 k €474,4 k €807,5 k €704,3 k €685 k €
Debts290,4 k €391,1 k €432,2 k €328,6 k €317,8 k €
Other
Workforce12,0 ETP11,6 ETP10,7 ETP10,7 ETP10,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

4 active · 27 ended

Active mandates

Didier DELERUELLE

Director · since 08 janvier 2023 · until 08 janvier 2026

Active
Ludivine DELMOTTE

Director · since 08 janvier 2023 · until 08 janvier 2026

Active
Stéphanie CALONNE

Director · since 08 janvier 2023 · until 08 janvier 2026

Active
Sylvie DUROISIN

Chairman of the board of directors · since 08 janvier 2023 · until 08 janvier 2026

Active

Ended mandates

Stéphanie CALONNE

Director · since 08 janvier 2023

Ended
Didier DELERUELLE

Director · since 21 mars 2022

Ended
Sylvie DUROISIN

Chairman of the board of directors · since 18 décembre 2019

Ended
Sandy MENEGAZZI

Director · since 26 juin 2019

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/03/202620/08/202413/05/202416/02/202320/10/202112/01/2021
General meeting18/06/202519/06/202421/06/202312/10/202229/06/202103/09/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202418/06/202508/03/2026FrenchPDF
Abridged model31/12/202319/06/202420/08/2024FrenchPDF
Abridged model31/12/202221/06/202313/05/2024FrenchPDF
Abridged model31/12/202112/10/202216/02/2023FrenchPDF
Abridged model31/12/202029/06/202120/10/2021FrenchPDF
Abridged model31/12/201903/09/202012/01/2021FrenchPDF
Abridged model31/12/201826/06/201917/01/2020FrenchPDF
Abridged model31/12/201728/06/201825/10/2018FrenchPDF
Abridged model31/12/201628/06/201714/09/2017FrenchPDF
Abridged model31/12/201529/06/201613/09/2016FrenchPDF
Abridged model31/12/201430/06/201515/07/2015FrenchPDF
Abridged model31/12/201324/06/201418/07/2014FrenchPDF
Abridged model31/12/201224/06/201323/10/2013FrenchPDF
Abridged model31/12/201125/06/201228/08/2012FrenchPDF
Abridged model31/12/201027/06/201123/08/2011FrenchPDF
Abridged model31/12/200905/07/201008/07/2010FrenchPDF
Abridged model31/12/200815/06/200910/07/2009FrenchPDF
Abridged model31/12/200723/06/200825/08/2008FrenchPDF
Abridged model31/12/200625/06/200718/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Board of directors

Source · NBB, accounts to 31/12/2024

4 active · 27 ended

Active mandates

Didier DELERUELLE

Director · since 08 janvier 2023 · until 08 janvier 2026

Active
Ludivine DELMOTTE

Director · since 08 janvier 2023 · until 08 janvier 2026

Active
Stéphanie CALONNE

Director · since 08 janvier 2023 · until 08 janvier 2026

Active
Sylvie DUROISIN

Chairman of the board of directors · since 08 janvier 2023 · until 08 janvier 2026

Active

Ended mandates

Stéphanie CALONNE

Director · since 08 janvier 2023

Ended
Didier DELERUELLE

Director · since 21 mars 2022

Ended
Sylvie DUROISIN

Chairman of the board of directors · since 18 décembre 2019

Ended
Sandy MENEGAZZI

Director · since 26 juin 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other29/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates13/04/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/04/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/07/2021
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates02/10/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/01/2020
    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. 2024
    Annual accounts 2024-287,4 k €↓
  2. 2023
    Annual accounts 2023-29,3 k €↓
  3. 2022
    Annual accounts 202241,6 k €↑
  4. 2021
    Annual accounts 20212,3 k €↑
  5. 2020
    Annual accounts 2020339,4 €↓
  6. 2019
    Annual accounts 20193,4 k €↑
  7. 2018
    Annual accounts 20183 k €↓
  8. 2017
    Annual accounts 201712,4 k €↑
  9. 2016
    Annual accounts 20161,3 k €↓
  10. 2015
    Annual accounts 201513,5 k €↑
  11. 2014
    Annual accounts 20147,5 k €↑
  12. 2013
    Annual accounts 20137,3 k €↓
  13. 2012
    Annual accounts 20127,9 k €↑
  14. 2011
    Annual accounts 20117 k €↑
  15. 2010
    Annual accounts 2010-10,5 k €
  16. 13/11/1997
    IncorporationNon-profit organization