ACTIVE

ARTIKEL 27

Financial year 2025 · Closed on 31/12/2025

Net result
-37 k €
+24,8 %over 1 year
Gross margin
2,4 M €
+2,2 %over 1 year
Equity
353,8 k €
-9,5 %over 1 year
Workforce
34,8 ETP
+0,3 %over 1 year

Identity

Source · BCE/KBO

ARTIKEL 27 is a Non-profit organization incorporated in 1999. Its main activity is: Other social work activities without accommodation n.e.c.. Its registered office is in Bruxelles. It employs on average 34,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0469.754.271
Incorporation
07/10/1999
Legal form
Non-profit organization
Registered office
Rue de la Senne 81
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
34,8 ETP
Joint committees (1)
  • 32902
Signals
Solid equityGood liquidityHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin2,4 M €2,4 M €2,3 M €2,2 M €1,7 M €
EBITDA-30,8 k €-41,3 k €11,5 k €-3,2 k €-41,8 k €
Operating result-38,5 k €-49,1 k €2,3 k €-11,5 k €-49,9 k €
Net result-37 k €-49,2 k €2,4 k €-12,5 k €-50,4 k €
Balance sheet
Equity353,8 k €390,8 k €439,9 k €437,5 k €450 k €
Total assets1,2 M €1 M €1,1 M €1,1 M €1 M €
Cash333,5 k €343,3 k €716,1 k €657,7 k €750,2 k €
Debts583,5 k €601,3 k €567,7 k €535 k €381,4 k €
Other
Workforce34,8 ETP34,7 ETP35,2 ETP35,9 ETP32,1 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 31/12/2025

3 active · 56 ended

Active mandates

Gaëlle Defeyt

Mandate

Active
Gérardo Izquierdo Tapia

Mandate

Active
Zeina Qari

Mandate

Active

Ended mandates

Jean Dans

Director · since 24 mars 2020 · until 24 mars 2021

Ended
Isabelle Authom

Mandate · since 21 mars 2013

Ended
Jean-François Decoster

Mandate · since 22 mars 2012

Ended
Jean-François Decoster

Mandate · since 22 mars 2012

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/03/202607/05/202524/04/202418/05/202320/04/202220/07/2021
General meeting27/03/202626/03/202527/03/202422/03/202324/03/202224/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/03/202631/03/2026FrenchPDF
Abridged model31/12/202426/03/202507/05/2025FrenchPDF
Abridged model31/12/202327/03/202424/04/2024FrenchPDF
Abridged model31/12/202222/03/202318/05/2023FrenchPDF
Abridged model31/12/202124/03/202220/04/2022FrenchPDF
Abridged model31/12/202024/06/202120/07/2021FrenchPDF
Abridged model31/12/201924/03/202003/07/2020FrenchPDF
Abridged model31/12/201828/03/201914/08/2019FrenchPDF
Abridged model31/12/201723/03/201807/08/2018FrenchPDF
Abridged model31/12/201627/03/201717/07/2017FrenchPDF
Abridged model31/12/201517/03/201629/06/2016FrenchPDF
Abridged model31/12/201425/03/201512/05/2015FrenchPDF
Abridged model31/12/201321/03/201423/07/2014FrenchPDF
Abridged model31/12/201221/03/201320/08/2013FrenchPDF
Abridged model31/12/201122/03/201208/08/2012FrenchPDF
Abridged model31/12/201016/03/201114/05/2011FrenchPDF
Abridged model31/12/200916/03/201005/07/2010FrenchPDF
Abridged model31/12/200816/03/200923/04/2009FrenchPDF
Abridged model31/12/200714/03/200819/08/2008FrenchPDF
Abridged model31/12/200616/03/200728/01/2008FrenchPDF

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 31/12/2025

3 active · 56 ended

Active mandates

Gaëlle Defeyt

Mandate

Active
Gérardo Izquierdo Tapia

Mandate

Active
Zeina Qari

Mandate

Active

Ended mandates

Jean Dans

Director · since 24 mars 2020 · until 24 mars 2021

Ended
Isabelle Authom

Mandate · since 21 mars 2013

Ended
Jean-François Decoster

Mandate · since 22 mars 2012

Ended
Jean-François Decoster

Mandate · since 22 mars 2012

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/01/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other11/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates25/09/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/09/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/07/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/11/2020
    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. 2025
    Annual accounts 2025-37 k €↑
  2. 2024
    Annual accounts 2024-49,2 k €↓
  3. 2023
    Annual accounts 20232,4 k €↑
  4. 2022
    Annual accounts 2022-12,5 k €↑
  5. 2022
    Name changeARTIKEL 27
  6. 2021
    Annual accounts 2021-50,4 k €↓
  7. 2021
    Name changeARTICLE 27
  8. 2020
    Annual accounts 2020207,7 k €↑
  9. 2019
    Annual accounts 201963 k €↑
  10. 2018
    Annual accounts 2018-10,5 k €↓
  11. 2017
    Annual accounts 20175,1 k €↓
  12. 2016
    Annual accounts 201659,2 k €↑
  13. 2015
    Annual accounts 2015935 €↑
  14. 2014
    Annual accounts 2014-5,9 k €↓
  15. 2013
    Annual accounts 201361,5 k €↑
  16. 2012
    Annual accounts 201257,6 k €↑
  17. 2011
    Annual accounts 20112,9 k €↓
  18. 2010
    Annual accounts 20107,4 k €↑
  19. 2009
    Annual accounts 2009-28,8 k €↓
  20. 2008
    Annual accounts 200837,1 k €
  21. 07/10/1999
    IncorporationNon-profit organization