ACTIVE

STICHTING FERN

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Financial year 2025 · Closed on 31/12/2025

Net result222,5 k €-18,7 %over 1 year

Gross margin2,1 M €+0,3 %over 1 year

Equity2,1 M €+11,6 %over 1 year

Workforce18,8 ETP-0,5 %over 1 year

Identity

Source · BCE/KBO

STICHTING FERN is a Foreign company incorporated in 2002. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in delf. It employs on average 18,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0851.515.983
Incorporation: 03/06/2002
Legal form: Foreign company
Registered office: Nieuwelaan 9
2611RR delf · Flandre
Latest accounts: 31/12/2025
Average workforce: 18,8 ETP

Activities (NACE)

91330Libraries, archives, museums and other cultural activities· main 94999Activities of other membership organisations n.e.c.94999Activities of other membership organisations n.e.c.

Joint committees (1)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 15 filings

Trend over 13 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,1 M €	+0.3%	2,1 M €	+14.1%	1,9 M €	-7.8%	2 M €	+43.9%	1,4 M €
EBITDA	176,1 k €	-43.7%	312,6 k €	+89.0%	165,4 k €	-71.1%	572 k €	+360%	124,2 k €
Operating result	166,7 k €	-45.0%	302,8 k €	+95.3%	155 k €	-72.5%	564 k €	+388%	115,6 k €
Net result	222,5 k €	-18.7%	273,6 k €	+91.3%	143 k €	-73.7%	543,4 k €	+381%	112,9 k €
Balance sheet
Equity	2,1 M €	+11.6%	1,9 M €	+17.3%	1,6 M €	+10.0%	1,4 M €	+59.9%	906,6 k €
Total assets	9,7 M €	+54.7%	6,3 M €	-3.9%	6,5 M €	-12.4%	7,4 M €	+3.3%	7,2 M €
Cash	1,4 M €	-25.0%	1,9 M €	-18.9%	2,3 M €	+45.3%	1,6 M €	-3.5%	1,7 M €
Debts	339,1 k €	+6.7%	317,7 k €	-11.9%	360,5 k €	-5.4%	381,1 k €	+68.3%	226,4 k €
Other
Workforce	18,8 ETP	-0.5%	18,9 ETP	+6.2%	17,8 ETP	+7.9%	16,5 ETP	0.0%	16,5 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

6 active · 19 ended

Active mandates

Heidi HAUTALA

Director · since 06 novembre 2024

Active

Lucia CARRASCO

Director · since 25 juin 2023

Active

Elizabeth DAVIES

Director · since 31 mai 2022

Active

Mardi MINANGSARI

Director · since 03 juin 2019

Active

Margareta NILSSON

Director · since 03 juin 2019

Active

Fred PEARCE

Director · since 25 mai 2013

Active

Ended mandates

Korto WILLIAMS

Director · since 31 janvier 2020 · until 07 juin 2024

Ended

Korto WILLIAMS

Director · since 31 janvier 2020

Ended

Frederik VAN HELDEN

Director · since 24 avril 2015 · until 07 juin 2024

Ended

Frederik VAN HELDEN

Director · since 24 avril 2015

Ended

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	09/06/2026	10/06/2025	10/06/2024	29/06/2023	27/06/2022	03/06/2021
General meeting	03/06/2026	27/05/2025	07/06/2024	25/06/2023	31/05/2022	28/05/2021
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, 15 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/06/2026	09/06/2026	French	PDF
Abridged model	31/12/2024	27/05/2025	10/06/2025	French	PDF
Abridged model	31/12/2023	07/06/2024	10/06/2024	French	PDF
Abridged model	31/12/2022	25/06/2023	29/06/2023	French	PDF
Abridged model	31/12/2021	31/05/2022	27/06/2022	French	PDF
Abridged model	31/12/2020	28/05/2021	03/06/2021	French	PDF
Abridged model	31/12/2019	27/05/2020	08/06/2020	French	PDF
Abridged model	31/12/2018	03/06/2019	26/06/2019	French	PDF
Abridged model	31/12/2017	03/11/2018	13/12/2018	French	PDF
Abridged model	31/12/2016	23/06/2017	27/06/2017	French	PDF
Abridged model	31/12/2015	25/05/2016	14/06/2016	French	PDF
Abridged model	31/12/2014	29/03/2015	07/12/2015	French	PDF
Abridged model	31/12/2013	30/03/2014	21/10/2014	French	PDF
Abridged model	31/12/2012	26/05/2013	16/09/2013	French	PDF
Abridged model	31/12/2011	25/03/2012	20/12/2012	French	PDF

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

6 active · 19 ended

Active mandates

Heidi HAUTALA

Director · since 06 novembre 2024

Active

Lucia CARRASCO

Director · since 25 juin 2023

Active

Elizabeth DAVIES

Director · since 31 mai 2022

Active

Mardi MINANGSARI

Director · since 03 juin 2019

Active

Margareta NILSSON

Director · since 03 juin 2019

Active

Fred PEARCE

Director · since 25 mai 2013

Active

Ended mandates

Korto WILLIAMS

Director · since 31 janvier 2020 · until 07 juin 2024

Ended

Korto WILLIAMS

Director · since 31 janvier 2020

Ended

Frederik VAN HELDEN

Director · since 24 avril 2015 · until 07 juin 2024

Ended

Frederik VAN HELDEN

Director · since 24 avril 2015

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates12/08/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates30/08/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates22/06/2016
ADRESSE AUTRE QUE SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates16/08/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/01/2010
ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other17/11/2008
Het openen van een operationeel centrum
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025222,5 k €↓
2024
Annual accounts 2024273,6 k €↑
2023
Annual accounts 2023143 k €↓
2022
Annual accounts 2022543,4 k €↑
2021
Annual accounts 2021112,9 k €↑
2020
Annual accounts 2020112,2 k €↑
2019
Annual accounts 201918,5 k €↓
2018
Annual accounts 2018113,8 k €↓
2017
Annual accounts 2017264,8 k €↑
2016
Annual accounts 201618 k €↓
2015
Annual accounts 201528,2 k €↑
2014
Annual accounts 2014-19,1 k €↓
2013
Annual accounts 20138 k €
03/06/2002
IncorporationForeign company

STICHTING FERN

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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