ACTIVE

Parcours

Financial year 2025 · closed on 31/12/2025
Net result
56,2 k €
-66.3% YoY
Gross margin
2,5 M €
+14.1% YoY
Equity
1,5 M €
+2.2% YoY
Workforce
29,1 ETP
+10.6% YoY

What does Parcours do?

Parcours is a Non-profit organization incorporated in 2008. Its main activity is: Other social work activities without accommodation n.e.c.. Its registered office is in Gent. It employs on average 29,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0808.110.166
Incorporation
01/12/2008
Legal form
Non-profit organization
Registered office
Dok-Noord 4 E box 101
9000 Gent · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
29,1 ETP
Joint committees (1)
  • 31901
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin2,5 M €2,2 M €1,8 M €1,6 M €1,4 M €1,3 M €1,3 M €1 M €983,2 k €916,7 k €1,2 M €1,1 M €1,1 M €1,1 M €971,1 k €738,6 k €709,9 k €
EBITDA118,1 k €225,3 k €79,7 k €30,1 k €22,9 k €110,5 k €205,2 k €-40,2 k €31,5 k €117,7 k €221 k €63,2 k €123,8 k €68,1 k €113,1 k €12,3 k €86,8 k €
Operating result32,2 k €142,6 k €-5,1 k €-15,2 k €7,4 k €102 k €196,1 k €-48,4 k €23,9 k €111,1 k €215,2 k €52,5 k €113,1 k €58,2 k €105,6 k €4,8 k €84,9 k €
Net result56,2 k €166,7 k €16,3 k €-3,1 k €4,3 k €101,9 k €194,5 k €-48,4 k €23,9 k €133,4 k €214,1 k €57,7 k €108,6 k €58,7 k €106,8 k €33,3 €85 k €
Balance sheet
Equity1,5 M €1,5 M €1,4 M €1,4 M €1 M €1 M €934,3 k €739,8 k €788,3 k €764,4 k €631 k €416,9 k €359,2 k €250,5 k €191,9 k €85 k €85 k €
Total assets2,2 M €2,1 M €1,9 M €2 M €1,6 M €1,3 M €1,1 M €953,1 k €981,8 k €951,9 k €831,6 k €609,9 k €623,3 k €524,3 k €417,8 k €203,5 k €398,8 k €
Cash610,7 k €641,8 k €296,6 k €534,8 k €699,2 k €733,8 k €979 k €824,1 k €851,6 k €833,6 k €810,2 k €575,6 k €593,9 k €490,7 k €386,6 k €163 k €387,1 k €
Debts559,3 k €557,5 k €583,6 k €587,7 k €588,9 k €132,7 k €129,8 k €130,2 k €112,4 k €106 k €119,6 k €109,6 k €184,2 k €192,1 k €225,9 k €118,5 k €313,8 k €
Other
Workforce29,1 ETP26,3 ETP23,3 ETP22,8 ETP23,7 ETP21,2 ETP19,9 ETP19,5 ETP20,0 ETP16,0 ETP18,1 ETP20,1 ETP20,1 ETP18,7 ETP20,0 ETP15,9 ETP15,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 35 ended

Active mandates

FILIP MAERTENS

Director · since 28 février 2026 · until 28 février 2030

Active
RAFAEL DE MULDER

Director · since 28 février 2026 · until 28 février 2030

Active
SHIRLEY VAN DEN DRIESSCHE

Director · since 28 février 2026 · until 28 février 2030

Active
HANS PAREDIS

Director · since 20 avril 2023

Active
TOON MAILLARD

Director · since 20 avril 2023

Active

Ended mandates

Filip Maertens

Chairman of the board of directors · since 28 février 2022 · until 30 juin 2026

Ended
FILIP MAERTENS

Director · since 28 février 2022 · until 28 février 2026

Ended
Raf De Mulder

Director · since 28 février 2022 · until 30 juin 2026

Ended
RAFAEL DE MULDER

Director · since 28 février 2022 · until 28 février 2026

Ended
Annual accounts

Full financial information

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 date26/05/202614/07/202514/06/202405/03/202427/07/202219/07/2021
General meeting19/05/202621/05/202514/05/202423/06/202325/04/202227/04/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/05/202626/05/2026DutchPDF
Abridged model31/12/202421/05/202514/07/2025DutchPDF
Abridged model31/12/202314/05/202414/06/2024DutchPDF
Abridged model31/12/202223/06/202305/03/2024DutchPDF
Abridged model31/12/202125/04/202227/07/2022DutchPDF
Abridged model31/12/202027/04/202119/07/2021DutchPDF
Abridged model31/12/201911/05/202031/08/2020DutchPDF
Abridged model31/12/201823/04/201916/07/2019DutchPDF
Abridged model31/12/201723/04/201820/07/2018DutchPDF
Abridged model31/12/201624/04/201728/06/2017DutchPDF
Abridged model31/12/201518/04/201614/06/2016DutchPDF
Abridged model31/12/201427/04/201517/07/2015DutchPDF
Abridged model31/12/201328/04/201420/05/2014DutchPDF
Abridged model31/12/201224/04/201331/05/2013DutchPDF
Abridged model31/12/201124/04/201225/05/2012DutchPDF
Abridged model31/12/201026/04/201110/05/2011DutchPDF
Abridged model31/12/200929/03/201001/10/2010DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 35 ended

Active mandates

FILIP MAERTENS

Director · since 28 février 2026 · until 28 février 2030

Active
RAFAEL DE MULDER

Director · since 28 février 2026 · until 28 février 2030

Active
SHIRLEY VAN DEN DRIESSCHE

Director · since 28 février 2026 · until 28 février 2030

Active
HANS PAREDIS

Director · since 20 avril 2023

Active
TOON MAILLARD

Director · since 20 avril 2023

Active

Ended mandates

Filip Maertens

Chairman of the board of directors · since 28 février 2022 · until 30 juin 2026

Ended
FILIP MAERTENS

Director · since 28 février 2022 · until 28 février 2026

Ended
Raf De Mulder

Director · since 28 février 2022 · until 30 juin 2026

Ended
RAFAEL DE MULDER

Director · since 28 février 2022 · until 28 février 2026

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/11/2020
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates02/10/2019
    BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/02/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/09/2018
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates17/11/2017
    ONTSLAGEN - BENOEMINGEN
    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 202556,2 k €
  2. 2024
    Annual accounts 2024166,7 k €
  3. 2023
    Annual accounts 202316,3 k €
  4. 2022
    Annual accounts 2022-3,1 k €
  5. 2022
    Name changePARCOURS - HCA OOST-VLAANDEREN
  6. 2021
    Annual accounts 20214,3 k €
  7. 2021
    Name changePARCOURS
  8. 2020
    Annual accounts 2020101,9 k €
  9. 2019
    Annual accounts 2019194,5 k €
  10. 2018
    Annual accounts 2018-48,4 k €
  11. 2017
    Annual accounts 201723,9 k €
  12. 2016
    Annual accounts 2016133,4 k €
  13. 2015
    Annual accounts 2015214,1 k €
  14. 2014
    Annual accounts 201457,7 k €
  15. 2013
    Annual accounts 2013108,6 k €
  16. 2012
    Annual accounts 201258,7 k €
  17. 2011
    Annual accounts 2011106,8 k €
  18. 2010
    Annual accounts 201033,3 €
  19. 2009
    Annual accounts 200985 k €
  20. 01/12/2008
    IncorporationNon-profit organization