ACTIVE

ASSOCIATION NOTRE-DAME

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Financial year 2025 · closed on 31/12/2025

Net result

432,8 k €

+162.2% YoY

Revenue

20 M €

+3.0% YoY

Equity

3,6 M €

-0.0% YoY

Workforce

383,0 ETP

-2.8% YoY

What does ASSOCIATION NOTRE-DAME do?

ASSOCIATION NOTRE-DAME is a Non-profit organization incorporated in 1997. Its main activity is: General secondary education. Its registered office is in Namur. It employs on average 383,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0462.523.219

Incorporation

22/12/1997

Legal form

Non-profit organization

Registered office

Rue Julien Colson 57
5000 Namur · WallonieSee on map

Latest accounts

31/12/2025

Average workforce

383,0 ETP

Activities (NACE)

85315General secondary education· main 87101Residential nursing care activities 87101Residential nursing care activities 87301Residential care activities for the elderly and disabled 87301Residential care activities for the elderly and disabled 88911Child day-care activities+1

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	20 M €	+3.0%	19,5 M €	+4.8%	18,6 M €	+7.3%	17,3 M €	+11.3%	15,6 M €	+1.4%	15,3 M €	-1.5%	15,6 M €	+0.5%	15,5 M €	+3.5%	15 M €	+4.5%	14,3 M €	+2.8%	14 M €	+5.4%	13,2 M €	+13.6%	11,7 M €	+3.8%	11,2 M €	+3.7%	10,8 M €	+8.5%	10 M €	+4.7%	9,5 M €	+7.9%	8,8 M €	+8.5%	8,1 M €
EBITDA	2,2 M €	+54.7%	1,4 M €	+167%	539 k €	-25.9%	727,5 k €	-49.1%	1,4 M €	+18.2%	1,2 M €	-19.2%	1,5 M €	+20.4%	1,2 M €	-9.1%	1,4 M €	+28.4%	1,1 M €	-18.5%	1,3 M €	-13.3%	1,5 M €	+66.6%	904,5 k €	+20.8%	749 k €	-36.5%	1,2 M €	+110%	561,1 k €	+54.9%	362,3 k €	-14.9%	425,7 k €	+142%	175,7 k €
Operating result	947,7 k €	+1308%	-78,5 k €	+92.2%	-1 M €	-141%	-417,4 k €	-401%	138,5 k €	+178%	-178,5 k €	-152%	345,6 k €	+2031%	-17,9 k €	-105%	382,4 k €	-3.9%	398 k €	-36.1%	623,2 k €	-27.2%	855,8 k €	+213%	273,4 k €	+45.9%	187,4 k €	-62.7%	502,4 k €	+727%	60,7 k €	+0.4%	60,5 k €	-53.8%	130,7 k €	+212%	-116,4 k €
Net result	432,8 k €	+162%	-695,6 k €	+54.8%	-1,5 M €	-92.6%	-798 k €	-286%	-207 k €	+62.8%	-556,7 k €	-413%	-108,6 k €	+71.8%	-385,4 k €	-521%	91,5 k €	-30.6%	131,9 k €	-64.0%	366,5 k €	+168%	-542,4 k €	-1220%	-41,1 k €	+58.5%	-99,1 k €	-73.0%	-57,3 k €	+65.7%	-166,9 k €	-2250%	-7,1 k €	+70.1%	-23,7 k €	+92.1%	-300,8 k €
Balance sheet
Equity	3,6 M €	-0.0%	3,6 M €	-23.8%	4,8 M €	-25.2%	6,4 M €	-0.5%	6,4 M €	+9.0%	5,9 M €	+9.1%	5,4 M €	-6.7%	5,8 M €	-8.9%	6,3 M €	+14.3%	5,5 M €	+133%	2,4 M €	+28.2%	1,8 M €	-27.8%	2,6 M €	+6.7%	2,4 M €	-5.1%	2,5 M €	-7.7%	2,7 M €	+451%	498 k €	+534%	-114,6 k €	+92.1%	-1,5 M €
Total assets	33,3 M €	-3.4%	34,5 M €	-5.2%	36,4 M €	-6.1%	38,7 M €	+13.3%	34,2 M €	-6.1%	36,4 M €	+6.1%	34,3 M €	-2.1%	35,1 M €	-0.6%	35,3 M €	+11.9%	31,5 M €	+55.3%	20,3 M €	+12.2%	18,1 M €	-5.7%	19,2 M €	+5.7%	18,2 M €	-0.3%	18,2 M €	-2.7%	18,7 M €	+21.7%	15,4 M €	+49.8%	10,3 M €	+66.2%	6,2 M €
Cash	829,1 k €	+214%	263,9 k €	-49.3%	520,5 k €	-61.8%	1,4 M €	-20.7%	1,7 M €	+4.1%	1,7 M €	+88.7%	875,2 k €	-36.8%	1,4 M €	+16.2%	1,2 M €	-53.2%	2,5 M €	+232%	766,8 k €	+10.8%	691,8 k €	-5.4%	731,1 k €	-5.9%	776,6 k €	+46.7%	529,2 k €	-26.6%	721,5 k €	+3.1%	700 k €	-51.3%	1,4 M €	+38.6%	1 M €
Debts	29,6 M €	-3.7%	30,8 M €	-2.5%	31,6 M €	-2.2%	32,3 M €	+16.3%	27,8 M €	-8.6%	30,4 M €	+5.1%	28,9 M €	-1.4%	29,3 M €	+1.7%	28,8 M €	+11.9%	25,7 M €	+44.1%	17,9 M €	+10.2%	16,2 M €	-2.1%	16,6 M €	+5.8%	15,6 M €	+0.2%	15,6 M €	-1.6%	15,9 M €	+7.1%	14,8 M €	+42.9%	10,4 M €	+36.3%	7,6 M €
Other
Workforce	383,0 ETP	-2.8%	394,0 ETP	-0.3%	395,0 ETP	+7.3%	368,1 ETP	+0.8%	365,3 ETP	+2.2%	357,3 ETP	+0.3%	356,4 ETP	+2.4%	347,9 ETP	+5.0%	331,2 ETP	+5.0%	315,5 ETP	+1.4%	311,0 ETP	+7.6%	288,9 ETP	+14.2%	252,9 ETP	+5.3%	240,1 ETP	0.0%	240,1 ETP	+3.6%	231,7 ETP	+5.8%	219,0 ETP	+7.9%	203,0 ETP	+2.0%	199,0 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 · 8 active · 31 ended

Active mandates

Aimée Myriam Kapinga Mankaka

Director · since 20 juin 2025 · until 19 juin 2031

Active

Paul de SAUVAGE

Vice-chairman of the board of directors · since 20 juin 2025 · until 19 juin 2031

Active

Stéphane Geelhand de Merxem

Director · since 28 juin 2024 · until 29 juin 2027

Active

Liliane LAMBERT

Director · since 30 juin 2021 · until 29 juin 2027

Active

Maria Domenica DE GORI

Director · since 13 juin 2017 · until 29 juin 2027

Active

Claire ANDRE

Managing director · since 08 juillet 2015 · until 29 juin 2027

Active

Guy DEFURNAUX

Chairman of the board of directors · since 08 juillet 2015 · until 29 juin 2027

Active

Joséphine PEMBA MUNDELE

Director · since 08 juillet 2015 · until 29 juin 2027

Active

Ended mandates

Paul de SAUVAGE

Director · since 28 juin 2024 · until 29 juin 2027

Ended

Maria Domenica DE GORI

Director · since 13 juin 2017 · until 07 juillet 2021

Ended

Agnès WATELET

Director · since 08 juillet 2015 · until 23 octobre 2018

Ended

Agnès WATELET

Director · since 08 juillet 2015 · until 07 juillet 2021

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	22/07/2026	07/07/2025	18/07/2024	12/07/2023	11/07/2022	20/07/2021
General meeting	26/06/2026	20/06/2025	28/06/2024	22/06/2023	28/06/2022	30/06/2021
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
Full model	31/12/2025	26/06/2026	22/07/2026	French	PDF
Full model	31/12/2024	20/06/2025	07/07/2025	French	PDF
Full model	31/12/2023	28/06/2024	18/07/2024	French	PDF
Full model	31/12/2022	22/06/2023	12/07/2023	French	PDF
Full model	31/12/2021	28/06/2022	11/07/2022	French	PDF
Full model	31/12/2020	30/06/2021	20/07/2021	French	PDF
Full model	31/12/2019	07/09/2020	21/09/2020	French	PDF
Full model	31/12/2018	01/07/2019	31/07/2019	French	PDF
Full model	31/12/2017	15/06/2018	16/07/2018	French	PDF
Full model	31/12/2016	13/06/2017	09/08/2017	French	PDF
Full model	31/12/2015	04/07/2016	25/07/2016	French	PDF
Full model	31/12/2014	08/07/2015	07/08/2015	French	PDF
Full model	31/12/2013	30/06/2014	22/07/2014	French	PDF
Full model	31/12/2012	08/07/2013	23/08/2013	French	PDF
Full model	31/12/2011	11/07/2012	31/08/2012	French	PDF
Full model	31/12/2010	28/10/2011	21/12/2011	French	PDF
Full model	31/12/2009	27/10/2010	15/12/2010	French	PDF
Full model	31/12/2008	05/08/2009	26/08/2009	French	PDF
Full model	31/12/2007	30/06/2008	29/07/2008	French	PDF
Full model	31/12/2006	10/09/2007	30/11/2007	French	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 · 8 active · 31 ended

Active mandates

Aimée Myriam Kapinga Mankaka

Director · since 20 juin 2025 · until 19 juin 2031

Active

Paul de SAUVAGE

Vice-chairman of the board of directors · since 20 juin 2025 · until 19 juin 2031

Active

Stéphane Geelhand de Merxem

Director · since 28 juin 2024 · until 29 juin 2027

Active

Liliane LAMBERT

Director · since 30 juin 2021 · until 29 juin 2027

Active

Maria Domenica DE GORI

Director · since 13 juin 2017 · until 29 juin 2027

Active

Claire ANDRE

Managing director · since 08 juillet 2015 · until 29 juin 2027

Active

Guy DEFURNAUX

Chairman of the board of directors · since 08 juillet 2015 · until 29 juin 2027

Active

Joséphine PEMBA MUNDELE

Director · since 08 juillet 2015 · until 29 juin 2027

Active

Ended mandates

Paul de SAUVAGE

Director · since 28 juin 2024 · until 29 juin 2027

Ended

Maria Domenica DE GORI

Director · since 13 juin 2017 · until 07 juillet 2021

Ended

Agnès WATELET

Director · since 08 juillet 2015 · until 23 octobre 2018

Ended

Agnès WATELET

Director · since 08 juillet 2015 · until 07 juillet 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/08/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates14/11/2024
DEMISSIONS, NOMINATIONS
PDF
Other11/08/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates19/09/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates11/08/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates11/02/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates23/10/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates13/11/2017
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 2025432,8 k €↑
2024
Annual accounts 2024-695,6 k €↑
2023
Annual accounts 2023-1,5 M €↓
2022
Annual accounts 2022-798 k €↓
2021
Annual accounts 2021-207 k €↑
2021
Name changeAND
2020
Annual accounts 2020-556,7 k €↓
2019
Annual accounts 2019-108,6 k €↑
2018
Annual accounts 2018-385,4 k €↓
2017
Annual accounts 201791,5 k €↓
2016
Annual accounts 2016131,9 k €↓
2015
Annual accounts 2015366,5 k €↑
2014
Annual accounts 2014-542,4 k €↓
2013
Annual accounts 2013-41,1 k €↑
2012
Annual accounts 2012-99,1 k €↓
2011
Annual accounts 2011-57,3 k €↑
2010
Annual accounts 2010-166,9 k €↓
2009
Annual accounts 2009-7,1 k €↑
2008
Annual accounts 2008-23,7 k €↑
2007
Annual accounts 2007-300,8 k €
2007
Name changeAssociation Notre-Dame
22/12/1997
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

ASSOCIATION NOTRE-DAME

Overview

What does ASSOCIATION NOTRE-DAME do?

Trend over 19 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