ACTIVE

FONDATION ULB

Financial year 2025 · closed on 31/12/2025
Net result
-141,4 k €
+84.4% YoY
Gross margin
-198,3 k €
+76.5% YoY
Equity
6 M €
-2.3% YoY
Workforce
2,0 ETP
+11.1% YoY

What does FONDATION ULB do?

FONDATION ULB is a Public utility foundation incorporated in 2008. Its main activity is: Other social work activities without accommodation n.e.c.. Its registered office is in Bruxelles. It employs on average 2,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0808.186.182
Incorporation
04/12/2008
Legal form
Public utility foundation
Registered office
Avenue Franklin Roosevelt 50
1050 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
2,0 ETP
Joint committees (1)
  • 337
Signals
Solid equityLow riskGood liquidityHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin-198,3 k €-842,4 k €-419,8 k €-1,8 M €1,5 M €-36,9 k €-212,3 k €549,4 k €-134,5 k €6,9 M €
EBITDA-370,5 k €-996 k €-592,7 k €-1,9 M €1,4 M €-143,5 k €-320 k €435,8 k €-222,1 k €6,9 M €
Operating result-370,5 k €-997,1 k €-643 k €-1,9 M €1,3 M €-143,6 k €-321,6 k €434,2 k €-233,6 k €6,9 M €
Net result-141,4 k €-909 k €-413,1 k €-2 M €2,2 M €-245,7 k €137,9 k €219,3 k €-289,4 k €6,9 M €
Balance sheet
Equity6 M €6,1 M €7 M €7,5 M €9,4 M €7,2 M €7,5 M €7,3 M €7,1 M €7,4 M €
Total assets8,3 M €7,4 M €7,8 M €7,6 M €9,7 M €7,4 M €7,9 M €7,7 M €8 M €7,4 M €
Cash2,4 M €1,1 M €1,6 M €1,6 M €6 M €2,5 M €3 M €3,1 M €3,1 M €4,5 M €
Debts2,3 M €1,2 M €747,1 k €101,7 k €235,2 k €140,9 k €387,9 k €413,6 k €774,6 k €28,9 k €
Other
Workforce2,0 ETP1,8 ETP1,6 ETP1,8 ETP1,5 ETP1,7 ETP1,5 ETP1,4 ETP2,2 ETP1,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 12 active · 55 ended

Active mandates

Isabelle Langlois Loris

Director · since 20 septembre 2022

Active
Jean-Michel Paul

Director · since 27 avril 2021

Active
Anne-Marie Schaus

Director · since 15 décembre 2020

Active
Marius Gilbert

Director · since 15 décembre 2020

Active
Pierre Nothomb

Director · since 15 décembre 2020

Active
Jacques Delen

Director · since 20 mars 2018

Active
Jean-Pierre Bizet

Director · since 13 juin 2017

Active
Pierre Drion

Director · since 13 juin 2017

Active
Thomas Simon

Director · since 13 juin 2017

Active
Didier Viviers

Director · since 14 mars 2017

Active
Catheline Périer-d'Ieteren

Director · since 22 mars 2016

Active
Michèle Grégoire

Director · since 22 mars 2016

Active

Ended mandates

Isabelle Langlois-Loris

Director · since 20 septembre 2022 · until 30 juin 2026

Ended
Jean-Michel Paul

Director · since 27 avril 2021 · until 15 décembre 2024

Ended
Anne-Marie Schaus

Director · since 15 décembre 2020 · until 15 décembre 2024

Ended
Annemie Schaus

Director · since 15 décembre 2020 · until 15 décembre 2024

Ended
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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 date04/06/202629/08/202501/08/202427/07/202323/05/202231/05/2021
General meeting27/05/202610/06/202528/06/202415/06/202319/04/202227/04/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/05/202604/06/2026FrenchPDF
Abridged model31/12/202410/06/202529/08/2025FrenchPDF
Abridged model31/12/202328/06/202401/08/2024FrenchPDF
Abridged model31/12/202215/06/202327/07/2023FrenchPDF
Abridged model31/12/202119/04/202223/05/2022FrenchPDF
Abridged model31/12/202027/04/202131/05/2021FrenchPDF
Abridged model31/12/201921/04/202020/08/2020FrenchPDF
Abridged model31/12/201801/04/201930/04/2019FrenchPDF
Abridged model31/12/201726/06/201804/07/2018FrenchPDF
Abridged model31/12/201614/03/201701/02/2018FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 12 active · 55 ended

Active mandates

Isabelle Langlois Loris

Director · since 20 septembre 2022

Active
Jean-Michel Paul

Director · since 27 avril 2021

Active
Anne-Marie Schaus

Director · since 15 décembre 2020

Active
Marius Gilbert

Director · since 15 décembre 2020

Active
Pierre Nothomb

Director · since 15 décembre 2020

Active
Jacques Delen

Director · since 20 mars 2018

Active
Jean-Pierre Bizet

Director · since 13 juin 2017

Active
Pierre Drion

Director · since 13 juin 2017

Active
Thomas Simon

Director · since 13 juin 2017

Active
Didier Viviers

Director · since 14 mars 2017

Active
Catheline Périer-d'Ieteren

Director · since 22 mars 2016

Active
Michèle Grégoire

Director · since 22 mars 2016

Active

Ended mandates

Isabelle Langlois-Loris

Director · since 20 septembre 2022 · until 30 juin 2026

Ended
Jean-Michel Paul

Director · since 27 avril 2021 · until 15 décembre 2024

Ended
Anne-Marie Schaus

Director · since 15 décembre 2020 · until 15 décembre 2024

Ended
Annemie Schaus

Director · since 15 décembre 2020 · until 15 décembre 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other01/03/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates15/04/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/08/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/04/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Other29/12/2017
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates07/08/2017
    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 2025-141,4 k €
  2. 2024
    Annual accounts 2024-909 k €
  3. 2023
    Annual accounts 2023-413,1 k €
  4. 2022
    Annual accounts 2022-2 M €
  5. 2021
    Annual accounts 20212,2 M €
  6. 2020
    Annual accounts 2020-245,7 k €
  7. 2019
    Annual accounts 2019137,9 k €
  8. 2018
    Annual accounts 2018219,3 k €
  9. 2017
    Annual accounts 2017-289,4 k €
  10. 2016
    Annual accounts 20166,9 M €
  11. 04/12/2008
    IncorporationPublic utility foundation