ACTIVE

Toestand

Financial year 2025 · Closed on 31/12/2025

Net result
19,8 k €
+274,4 %over 1 year
Revenue
346,7 k €
+14,3 %over 1 year
Equity
216,9 k €
+10,1 %over 1 year
Workforce
15,1 ETP
+6,3 %over 1 year

Identity

Source · BCE/KBO

Toestand is a Non-profit organization incorporated in 2012. Its main activity is: Support activities to performing arts. Its registered office is in Bruxelles. It employs on average 15,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0846.221.169
Incorporation
30/05/2012
Legal form
Non-profit organization
Registered office
Rue du Jardin des Olives 2-4
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
15,1 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20252024202320222021
Income statement
Revenue346,7 k €303,3 k €382,6 k €374,1 k €228,8 k €
EBITDA27,9 k €-6,9 k €-86,6 k €82,9 k €21,4 k €
Operating result21,7 k €-11 k €-89,7 k €79,8 k €19,7 k €
Net result19,8 k €-11,4 k €-90,4 k €79,3 k €19 k €
Balance sheet
Equity216,9 k €197,1 k €208,5 k €297,9 k €218,6 k €
Total assets399 k €303,9 k €444 k €569,4 k €433,6 k €
Cash120,3 k €143,2 k €232,5 k €151,5 k €256,3 k €
Debts141,4 k €102,8 k €98,3 k €113,5 k €74,3 k €
Other
Workforce15,1 ETP14,2 ETP14,7 ETP14,3 ETP–

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 11 ended

Active mandates

Céline Gaza

Director

Active
Dilay Samandi

Director

Active
Felix Aerts

Director

Active
Fred De Ryck

Director

Active
Frederic Lamote

Chairman of the board of directors

Active
Manon Di Romano

Director

Active

Ended mandates

Fred De Ryck

Director · since 02 décembre 2013

Ended
Sam De Wit

Director · since 02 décembre 2013 · until 24 mai 2016

Ended
Tim Vanderhoeven

Director · since 02 décembre 2013 · until 08 mai 2017

Ended
Baptist Bosmans

Mandate · since 05 avril 2012 · until 24 mai 2016

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged 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 date14/07/202616/07/202523/04/202417/04/202309/05/202227/04/2021
General meeting12/03/202613/03/202515/03/202423/03/202324/03/202208/04/2021
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, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/03/202614/07/2026DutchPDF
Abridged model31/12/202413/03/202516/07/2025DutchPDF
Abridged model31/12/202315/03/202423/04/2024DutchPDF
Abridged model31/12/202223/03/202317/04/2023DutchPDF
Micro model31/12/202124/03/202209/05/2022DutchPDF
Micro model31/12/202008/04/202127/04/2021DutchPDF
Abridged model31/12/201719/04/201807/06/2018DutchPDF
Abridged model31/12/201608/05/201725/08/2017DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 11 ended

Active mandates

Céline Gaza

Director

Active
Dilay Samandi

Director

Active
Felix Aerts

Director

Active
Fred De Ryck

Director

Active
Frederic Lamote

Chairman of the board of directors

Active
Manon Di Romano

Director

Active

Ended mandates

Fred De Ryck

Director · since 02 décembre 2013

Ended
Sam De Wit

Director · since 02 décembre 2013 · until 24 mai 2016

Ended
Tim Vanderhoeven

Director · since 02 décembre 2013 · until 08 mai 2017

Ended
Baptist Bosmans

Mandate · since 05 avril 2012 · until 24 mai 2016

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/03/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates26/09/2018
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates26/09/2018
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office04/08/2016
    MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates10/01/2014
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates18/07/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/06/2012
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202519,8 k €↑
  2. 2024
    Annual accounts 2024-11,4 k €↑
  3. 2023
    Annual accounts 2023-90,4 k €↓
  4. 2022
    Annual accounts 202279,3 k €↑
  5. 2021
    Annual accounts 202119 k €↓
  6. 2020
    Annual accounts 202045,4 k €↓
  7. 2017
    Annual accounts 201765,9 k €↑
  8. 2016
    Annual accounts 201635,9 k €
  9. 30/05/2012
    IncorporationNon-profit organization