ACTIVE

WIELS CENTRE D'ARTS CONTEMPORAINS - CENTRUM VOOR HEDENDAAGSE KUNST

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Financial year 2025 · Closed on 31/12/2025

Net result-290,8 k €-276,4 %over 1 year

Gross margin1,6 M €-18,5 %over 1 year

Equity-463,3 k €-697,0 %over 1 year

Workforce21,8 ETP-5,2 %over 1 year

Identity

Source · BCE/KBO

WIELS CENTRE D'ARTS CONTEMPORAINS - CENTRUM VOOR HEDENDAAGSE KUNST is a Non-profit organization incorporated in 2002. Its main activity is: Support activities to performing arts. Its registered office is in Forest. It employs on average 21,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0478.422.608
Incorporation: 08/07/2002
Legal form: Non-profit organization
Registered office: Avenue Van Volxem 354
1190 Forest · BruxellesSee on map
Latest accounts: 31/12/2025
Average workforce: 21,8 ETP

Activities (NACE)

90023Support activities to performing arts· main 90393Creative, arts and entertainment activities 91330Libraries, archives, museums and other cultural activities 92313Gambling and betting activities 94999Activities of other membership organisations n.e.c.94999Activities of other membership organisations n.e.c.

Joint committees (1)

32902

Signals

Positive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 42 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,6 M €	-18.5%	2 M €	-5.3%	2,1 M €	+36.6%	1,5 M €	-19.8%	1,9 M €
EBITDA	317,8 k €	-47.0%	600 k €	-23.9%	788,3 k €	+101%	392,2 k €	-52.6%	826,8 k €
Operating result	-255 k €	-655%	-33,8 k €	-118%	185,1 k €	+201%	-183,9 k €	-177%	239,9 k €
Net result	-290,8 k €	-276%	-77,2 k €	-151%	150,2 k €	+171%	-211,7 k €	-203%	205,4 k €
Balance sheet
Equity	-463,3 k €	-697%	77,6 k €	-85.3%	529,5 k €	-29.8%	753,7 k €	-43.7%	1,3 M €
Total assets	2 M €	-5.1%	2,1 M €	-27.3%	2,9 M €	-13.7%	3,4 M €	-18.6%	4,2 M €
Cash	365,2 k €	+170%	135,3 k €	-70.5%	458,2 k €	+59.9%	286,5 k €	-40.4%	481,1 k €
Debts	2,2 M €	+17.5%	1,9 M €	-16.6%	2,2 M €	-1.0%	2,3 M €	-7.5%	2,4 M €
Other
Workforce	21,8 ETP	-5.2%	23,0 ETP	-3.4%	23,8 ETP	+4.4%	22,8 ETP	-3.8%	23,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 11 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MICHEL MOORTGAT	Chairman of the board of directors26/03/2015 → 05/05/2030Vice-chairman of the board of directors24/09/2014 → 26/03/2020endedDirector24/05/2005 → 29/03/2015ended
PIERRE ISERBYT	Director25/03/2019 → 24/04/2029Chairman of the board of directors30/09/2011 → 13/05/2019endedVice-chairman of the board of directors16/03/2009 → 16/03/2014ended
SYLVIE BEAUFOUR	Director24/04/2023 → 24/04/2029
MICHEL CIGRANG	Director16/04/2018 → 30/03/2028
PATRICIA VAN THILLO	Director16/04/2018 → 30/03/2028
FREDERIC ROUVEZ	Director27/03/2012 → 29/03/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MARTINE DE LIMBURG STIRUM	Director17/03/2021 → 17/03/2026
MARTINE EYKERMAN	Director17/03/2021 → 11/05/2026
SYLVIE WINCKLER	Director24/09/2019 → 24/09/2024

Other companies at this address

Avenue Van Volxem 354 1190 Forest

Company	CBE no.
ASSOCIATION BELGE DES CRITIQUES D'ART● Active	0408.940.023

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	01/01/2025	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	01/06/2026	27/06/2025	04/07/2024	18/07/2023	29/08/2022	22/06/2021
General meeting	11/05/2026	05/05/2025	23/04/2024	30/03/2023	29/03/2022	17/03/2021
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, 42 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	11/05/2026	01/06/2026	Dutch	PDF
Abridged model	31/12/2025	11/05/2026	01/06/2026	French	PDF
Abridged model	31/12/2024	05/05/2025	27/06/2025	French	PDF
Abridged model	31/12/2024	05/05/2025	27/06/2025	Dutch	PDF
Abridged model	31/12/2023	23/04/2024	04/07/2024	French	PDF
Abridged model	31/12/2023	23/04/2024	04/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/03/2023	18/07/2023	Dutch	PDF
Abridged model	31/12/2022	30/03/2023	18/07/2023	French	PDF
Abridged modelCorrection	31/12/2021	29/03/2022	29/08/2022	French	PDF
Abridged model	31/12/2021	29/03/2022	05/07/2022	Dutch	PDF
Abridged model	31/12/2021	29/03/2022	05/07/2022	French	PDF
Abridged model	31/12/2020	17/03/2021	22/06/2021	Dutch	PDF
Abridged model	31/12/2020	17/03/2021	22/06/2021	French	PDF
Abridged model	31/12/2019	23/03/2020	01/04/2020	Dutch	PDF
Abridged model	31/12/2019	23/03/2020	01/04/2020	French	PDF
Abridged model	31/12/2018	13/05/2019	26/07/2019	Dutch	PDF
Abridged model	31/12/2018	13/05/2019	26/07/2019	French	PDF
Abridged model	31/12/2017	16/04/2018	16/05/2018	Dutch	PDF
Abridged model	31/12/2017	16/04/2018	16/05/2018	French	PDF
Abridged model	31/12/2016	18/04/2017	10/05/2017	Dutch	PDF
Abridged model	31/12/2016	18/04/2017	10/05/2017	French	PDF
Abridged model	31/12/2015	17/03/2016	04/04/2016	Dutch	PDF
Abridged model	31/12/2015	17/03/2016	04/04/2016	French	PDF
Abridged model	31/12/2014	26/03/2015	09/04/2015	Dutch	PDF

View all 42 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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

6 active · 11 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MICHEL MOORTGAT	Chairman of the board of directors26/03/2015 → 05/05/2030Vice-chairman of the board of directors24/09/2014 → 26/03/2020endedDirector24/05/2005 → 29/03/2015ended
PIERRE ISERBYT	Director25/03/2019 → 24/04/2029Chairman of the board of directors30/09/2011 → 13/05/2019endedVice-chairman of the board of directors16/03/2009 → 16/03/2014ended
SYLVIE BEAUFOUR	Director24/04/2023 → 24/04/2029
MICHEL CIGRANG	Director16/04/2018 → 30/03/2028
PATRICIA VAN THILLO	Director16/04/2018 → 30/03/2028
FREDERIC ROUVEZ	Director27/03/2012 → 29/03/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MARTINE DE LIMBURG STIRUM	Director17/03/2021 → 17/03/2026
MARTINE EYKERMAN	Director17/03/2021 → 11/05/2026
SYLVIE WINCKLER	Director24/09/2019 → 24/09/2024

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates04/12/2025
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates04/12/2025
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates11/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates02/08/2021
BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates02/08/2021
DENOMINATION - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates22/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/01/2020
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings17 filings

Mandates

MICHEL MOORTGAT

SYLVIE BEAUFOUR

PIERRE ISERBYT

PATRICIA VAN THILLO

MICHEL CIGRANG

FREDERIC ROUVEZ

MARTINE EYKERMAN

MARTINE DE LIMBURG STIRUM

SYLVIE WINCKLER

HERMAN J.DALED

Sylvie Wincker

BRUNO VAN LIERDE

and 5 more mandates

20022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

WIELS Centrum voor hedendaagse kunst - Centre d'art contemporain

Avenue Van Volxem 354, 1190 Forest

Chairman of the board of directorsVice-chairman of the board of directorsDirector

Director

DirectorChairman of the board of directorsVice-chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue Van Volxem 354, 1190 ForestCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00128934

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
WIELS CENTRE D'ARTS CONTEMPORAINS - CENTRUM VOOR HEDENDAAGSE KUNSTCurrent		CBE
WIELS Centrum voor hedendaagse kunst - Centre d'art contemporain	accounts 2022 → 2025	Accounts 2025 · 2026-00128934
WIELS CENTRE D'ART CONTEMPORAIN - CENTRUM VOOR HEDENDAAGSE KUNST	accounts 2021	Accounts 2021 · 2022-20149521

Events

2025
Annual accounts 2025-290,8 k €↓
2024
Annual accounts 2024-77,2 k €↓
2023
Annual accounts 2023150,2 k €↑
2022
Annual accounts 2022-211,7 k €↓
2022
Name changeWIELS Centrum voor hedendaagse kunst - Centre d'art contemporain
2021
Annual accounts 2021205,4 k €↑
2020
Annual accounts 2020188,8 k €↑
2019
Annual accounts 2019-25,6 k €↓
2018
Annual accounts 2018-3,2 k €↑
2017
Annual accounts 2017-107,2 k €↓
2016
Annual accounts 201670,7 k €↑
2015
Annual accounts 2015-264,6 k €↓
2014
Annual accounts 2014-82,6 k €↓
2013
Annual accounts 2013-9,9 k €↑
2012
Annual accounts 2012-318,8 k €↓
2011
Annual accounts 20112 M €↑
2010
Annual accounts 2010-196,3 k €↓
2009
Annual accounts 2009-90,1 k €
08/07/2002
IncorporationNon-profit organization

WIELS CENTRE D'ARTS CONTEMPORAINS - CENTRUM VOOR HEDENDAAGSE KUNST

Overview

Identity

Financials

Valuation

Indicative valuation

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

Registered offices

Company names

Events