ACTIVE

VULPIA WALLONIE

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Financial year 2025 · Closed on 31/12/2025

Net result
-622,1 k €
-926,8 %over 1 year
Revenue
38,4 M €
+3,4 %over 1 year
Equity
971,6 k €
-39,0 %over 1 year
Workforce
431,2 ETP
+1,8 %over 1 year

Identity

Source · BCE/KBO

VULPIA WALLONIE is a Non-profit organization incorporated in 2014. Its main activity is: Residential nursing care activities. Its registered office is in Liège. It employs on average 431,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0505.895.382
Incorporation
03/12/2014
Legal form
Non-profit organization
Registered office
Thier de la Chartreuse 47
4020 Liège · WallonieSee on map
Latest accounts
31/12/2025
Average workforce
431,2 ETP
Joint committees (1)
  • 330
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 16 filings

Trend over 9 financial years

20252024202320212020
Income statement
Revenue38,4 M €37,2 M €34,4 M €25,3 M €26,6 M €
EBITDA1,3 M €1,8 M €2,7 M €2,2 M €1,5 M €
Operating result-378,6 k €211,6 k €1,3 M €955,4 k €131,9 k €
Net result-622,1 k €75,2 k €1,3 M €815 k €-47,4 k €
Balance sheet
Equity971,6 k €1,6 M €1,2 M €2,1 M €1,3 M €
Total assets19 M €21,5 M €20 M €16,1 M €16 M €
Cash770,7 k €2 M €1,8 M €1,3 M €1,2 M €
Debts16,4 M €18,4 M €17,5 M €13 M €13,7 M €
Other
Workforce431,2 ETP423,7 ETP418,7 ETP360,8 ETP364,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 13 ended

Active mandates

Luc Van Moerzeke

Director · since 29 mars 2024

Active
Lucas Van Moerzeke

Director · since 29 mars 2024

Active

Ended mandates

Luc V. Moerzeke

Director · since 29 mars 2024

Ended
Lucas V. Moerzeke

Director · since 01 juin 2020 · until 29 mars 2024

Ended
Lucas Van Moerzeke

Director · since 01 juin 2020 · until 30 juin 2024

Ended
Green Tara Group

Director · since 21 novembre 2014 · until 30 juin 2020 · 0477.516.845

Represented by Inge Hanssens

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date23/07/202617/07/202517/07/202408/11/202328/10/202216/07/2021
General meeting30/06/202630/06/202528/06/202430/06/202330/06/202230/06/2021
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, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202623/07/2026FrenchPDF
Full model31/12/202430/06/202517/07/2025FrenchPDF
Full model31/12/202328/06/202417/07/2024FrenchPDF
Full modelCorrection31/12/202230/06/202308/11/2023FrenchPDF
Full model31/12/202230/06/202326/07/2023FrenchPDF
Full modelCorrection31/12/202130/06/202228/10/2022FrenchPDF
Full model31/12/202130/06/202206/07/2022FrenchPDF
Full model31/12/202030/06/202116/07/2021FrenchPDF
Full modelCorrection31/12/201930/06/202002/03/2021FrenchPDF
Full modelCorrection31/12/201930/06/202024/02/2021FrenchPDF
Full model31/12/201930/06/202022/07/2020FrenchPDF
Full model31/12/201828/06/201916/07/2019FrenchPDF
Full model31/12/201729/06/201830/06/2018FrenchPDF
Full model31/12/201630/06/201719/07/2017FrenchPDF
Full model31/12/201530/06/201628/07/2016FrenchPDF
Full model31/12/201430/06/201525/08/2015FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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

2 active · 13 ended

Active mandates

Luc Van Moerzeke

Director · since 29 mars 2024

Active
Lucas Van Moerzeke

Director · since 29 mars 2024

Active

Ended mandates

Luc V. Moerzeke

Director · since 29 mars 2024

Ended
Lucas V. Moerzeke

Director · since 01 juin 2020 · until 29 mars 2024

Ended
Lucas Van Moerzeke

Director · since 01 juin 2020 · until 30 juin 2024

Ended
Green Tara Group

Director · since 21 novembre 2014 · until 30 juin 2020 · 0477.516.845

Represented by Inge Hanssens

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring13/05/2024
    DEMISSIONS, NOMINATIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Registered office28/09/2022
    SIEGE SOCIAL
    PDF
  • Mandates03/06/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/07/2020
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates23/07/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/07/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares24/04/2015
    CAPITAL, ACTIONS
    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 2025-622,1 k €↓
  2. 2024
    Annual accounts 202475,2 k €↓
  3. 2023
    Annual accounts 20231,3 M €↑
  4. 2021
    Annual accounts 2021815 k €↑
  5. 2020
    Annual accounts 2020-47,4 k €↓
  6. 2018
    Annual accounts 20181,1 M €↑
  7. 2017
    Annual accounts 201736,4 k €↑
  8. 2016
    Annual accounts 2016-439,8 k €↓
  9. 2014
    Annual accounts 2014-181,4 €
  10. 03/12/2014
    IncorporationNon-profit organization