ACTIVE

GARANCE

Financial year 2025 · closed on 31/12/2025
Net result
6,6 k €
+115.4% YoY
Revenue
117,1 k €
-7.0% YoY
Equity
399,8 k €
+1.7% YoY
Workforce
11,6 ETP

What does GARANCE do?

GARANCE is a Non-profit organization incorporated in 2000. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Bruxelles. It employs on average 11,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0472.880.245
Incorporation
09/08/2000
Legal form
Non-profit organization
Registered office
Rue Royale 55
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
11,6 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212019
Income statement
Revenue117,1 k €125,9 k €171,6 k €73,7 k €40,1 k €63 k €
EBITDA28 k €-9 k €85,8 k €83,7 k €73,1 k €39,1 k €
Operating result7,8 k €-28,9 k €65 k €63,3 k €52,7 k €19,5 k €
Net result6,6 k €-42,8 k €3,7 k €33,2 k €40,6 k €12,3 k €
Balance sheet
Equity399,8 k €393,2 k €436 k €432,3 k €399,1 k €345,3 k €
Total assets988,5 k €886,3 k €961,7 k €956,4 k €959,9 k €790,9 k €
Cash507,6 k €444,1 k €519,3 k €510,6 k €521,9 k €328,3 k €
Debts296,5 k €339,5 k €339 k €308,8 k €316,8 k €309,7 k €
Other
Workforce11,6 ETP8,7 ETP6,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 11 ended

Active mandates

Alice Juliette MACIA

Mandate

Active
Ana URRITIA ENCISO

Mandate

Active
Kristen Paula CRICK

Mandate

Active
Leila Johanna LOHMAN

Mandate

Active
Nassima EL OUADY

Mandate

Active
Victoria Pearl MOUSSOUX

Mandate

Active
Zoé AMEYE

Mandate

Active

Ended mandates

Anne LEMONNE

Mandate

Ended
Cécile DEFRAENE

Mandate

Ended
Irene KAUFER

Director

Ended
Khadija KHOURCHA

Mandate

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelAbridged modelMicro modelMicro modelMicro 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 date16/07/202611/07/202519/07/202404/07/202301/08/202213/07/2021
General meeting24/06/202624/06/202525/06/202420/06/202321/06/202222/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202524/06/202616/07/2026FrenchPDF
Micro model31/12/202424/06/202511/07/2025FrenchPDF
Abridged model31/12/202325/06/202419/07/2024FrenchPDF
Micro model31/12/202220/06/202304/07/2023FrenchPDF
Micro model31/12/202121/06/202201/08/2022FrenchPDF
Micro model31/12/202022/06/202113/07/2021FrenchPDF
Abridged model31/12/201930/06/202009/10/2020FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 11 ended

Active mandates

Alice Juliette MACIA

Mandate

Active
Ana URRITIA ENCISO

Mandate

Active
Kristen Paula CRICK

Mandate

Active
Leila Johanna LOHMAN

Mandate

Active
Nassima EL OUADY

Mandate

Active
Victoria Pearl MOUSSOUX

Mandate

Active
Zoé AMEYE

Mandate

Active

Ended mandates

Anne LEMONNE

Mandate

Ended
Cécile DEFRAENE

Mandate

Ended
Irene KAUFER

Director

Ended
Khadija KHOURCHA

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/04/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/10/2023
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates23/07/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/04/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/10/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Other26/08/2019
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates10/07/2019
    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

Timeline

  1. 2025
    Annual accounts 20256,6 k €
  2. 2024
    Annual accounts 2024-42,8 k €
  3. 2023
    Annual accounts 20233,7 k €
  4. 2022
    Annual accounts 202233,2 k €
  5. 2021
    Annual accounts 202140,6 k €
  6. 2019
    Annual accounts 201912,3 k €
  7. 09/08/2000
    IncorporationNon-profit organization