ACTIVE

THEATRE ROYAL DES GALERIES

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Financial year 2025 · Closed on 30/06/2025

Net result-75,3 k €-575,8 %over 1 year

Gross margin1,2 M €+5,0 %over 1 year

Equity-12,5 k €-119,9 %over 1 year

Workforce26,3 ETP+4,4 %over 1 year

Identity

Source · BCE/KBO

THEATRE ROYAL DES GALERIES is a Non-profit organization incorporated in 1999. Its main activity is: Performing arts. Its registered office is in Bruxelles. It employs on average 26,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0468.797.436
Incorporation: 21/12/1999
Legal form: Non-profit organization
Registered office: Galerie des Princes 6
1000 Bruxelles · BruxellesSee on map
Latest accounts: 30/06/2025
Average workforce: 26,3 ETP

Activities (NACE)

90012Performing arts· main 90202Creative, arts and entertainment activities 92312Gambling and betting activities

Joint committees (1)

Signals

Good liquidityHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,2 M €	+5.0%	1,2 M €	+15.4%	1 M €	+40.7%	714,5 k €	+23.3%	579,7 k €
EBITDA	-27,5 k €	-181%	33,9 k €	+474%	-9,1 k €	+94.9%	-179,3 k €	-582%	37,2 k €
Operating result	-64,6 k €	-1079%	6,6 k €	+116%	-41,6 k €	+80.0%	-208,3 k €	-5679%	3,7 k €
Net result	-75,3 k €	-576%	-11,1 k €	+83.8%	-68,8 k €	+69.0%	-221,6 k €	-21196%	1,1 k €
Balance sheet
Equity	-12,5 k €	-120%	62,8 k €	-15.1%	74 k €	-48.2%	142,8 k €	-60.8%	364,4 k €
Total assets	1,6 M €	+2.6%	1,6 M €	+10.4%	1,4 M €	+2.6%	1,4 M €	-18.1%	1,7 M €
Cash	870 k €	+15.6%	752,8 k €	-8.7%	824,2 k €	-15.6%	976,2 k €	-23.0%	1,3 M €
Debts	329 k €	-5.7%	349 k €	+27.0%	274,8 k €	-38.5%	446,8 k €	+20.8%	369,8 k €
Other
Workforce	26,3 ETP	+4.4%	25,2 ETP	+24.1%	20,3 ETP	+1.0%	20,1 ETP	-16.2%	24,0 ETP

Board of directors

Source · NBB, accounts to 30/06/2025

6 active · 6 ended

Active mandates

Marie-Paule KUMPS

Director · since 11 décembre 2019

Active

Annick DAVIS

Director · since 23 février 2016

Active

Pascal VREBOS

Director · since 23 février 2016

Active

Olivier DUBOIS

Director · since 13 décembre 2005

Active

Michel MASSUN

Director · since 09 mai 2003

Active

David MICHELS

Managing director · since 21 décembre 1999

Active

Ended mandates

Typhanie AFSCHRIFT

Director · since 16 décembre 2022

Ended

DAVID MICHELS

Managing director · since 13 décembre 2005

Ended

DAVID MICHELS

Chairman of the board of directors

Ended

Jacques De Decker

Director

Ended

Other companies at this address

Galerie des Princes 6 1000 Bruxelles

Company	CBE no.
La Compagnie des Galeries● Active	0420.406.809

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/01/2026	21/01/2025	24/01/2024	11/01/2023	15/12/2021	15/04/2021
General meeting	19/01/2026	13/01/2025	19/01/2024	15/12/2022	22/11/2021	26/03/2021
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 · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	19/01/2026	26/01/2026	French	PDF
Abridged model	30/06/2024	13/01/2025	21/01/2025	French	PDF
Abridged model	30/06/2023	19/01/2024	24/01/2024	French	PDF
Abridged model	30/06/2022	15/12/2022	11/01/2023	French	PDF
Abridged model	30/06/2021	22/11/2021	15/12/2021	French	PDF
Abridged model	30/06/2020	26/03/2021	15/04/2021	French	PDF
Abridged model	30/06/2019	11/12/2019	30/01/2020	French	PDF
Abridged model	30/06/2018	12/12/2018	06/06/2019	French	PDF
Abridged model	30/06/2017	29/01/2018	16/05/2018	French	PDF
Abridged model	30/06/2016	10/02/2017	22/12/2017	French	PDF
Abridged model	30/06/2015	20/02/2016	30/03/2016	French	PDF
Abridged model	30/06/2014	27/01/2015	13/11/2015	French	PDF
Abridged model	30/06/2013	04/02/2014	27/08/2014	French	PDF
Abridged model	30/06/2012	08/02/2013	16/12/2013	French	PDF
Abridged model	30/06/2011	24/01/2012	16/03/2012	French	PDF
Abridged model	30/06/2010	06/01/2011	06/12/2011	French	PDF
Abridged model	30/06/2009	25/01/2010	05/10/2010	French	PDF
Abridged model	30/06/2008	19/01/2009	19/11/2009	French	PDF
Abridged model	30/06/2007	10/12/2007	22/09/2008	French	PDF
Abridged model	30/06/2006	19/12/2006	05/03/2007	French	PDF

Indicative valuation

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 30/06/2025

6 active · 6 ended

Active mandates

Marie-Paule KUMPS

Director · since 11 décembre 2019

Active

Annick DAVIS

Director · since 23 février 2016

Active

Pascal VREBOS

Director · since 23 février 2016

Active

Olivier DUBOIS

Director · since 13 décembre 2005

Active

Michel MASSUN

Director · since 09 mai 2003

Active

David MICHELS

Managing director · since 21 décembre 1999

Active

Ended mandates

Typhanie AFSCHRIFT

Director · since 16 décembre 2022

Ended

DAVID MICHELS

Managing director · since 13 décembre 2005

Ended

DAVID MICHELS

Chairman of the board of directors

Ended

Jacques De Decker

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other24/03/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - OBJET
PDF
Mandates27/10/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates23/02/2022
DEMISSIONS, NOMINATIONS
PDF
Court decision25/10/2019
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
PDF
Mandates23/02/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates05/01/2006
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates21/09/2005
DEMISSIONS, NOMINATIONS
PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

2025
Annual accounts 2025-75,3 k €↓
2024
Annual accounts 2024-11,1 k €↑
2023
Annual accounts 2023-68,8 k €↑
2022
Annual accounts 2022-221,6 k €↓
2021
Annual accounts 20211,1 k €↑
2020
Annual accounts 2020-9,9 k €↓
2019
Annual accounts 2019243,8 k €↑
2018
Annual accounts 2018156,1 k €↑
2017
Annual accounts 2017-62,8 k €↑
2016
Annual accounts 2016-171,6 k €↓
2015
Annual accounts 2015-27,5 k €↓
2014
Annual accounts 201482,6 k €↑
2013
Annual accounts 201336,8 k €↑
2012
Annual accounts 2012-66,8 k €↑
2011
Annual accounts 2011-131,3 k €↓
2010
Annual accounts 2010-37,8 k €↓
2009
Annual accounts 2009184,1 k €↑
2008
Annual accounts 2008128,4 k €↑
2007
Annual accounts 200791,7 k €
21/12/1999
IncorporationNon-profit organization

THEATRE ROYAL DES GALERIES

Overview

Identity

Financials

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

Timeline