ACTIVE

Institut de Formation Continue, Sciences et Médecine

Financial year 2025 · closed on 31/12/2025
Net result
37,6 k €
-36.5% YoY
Gross margin
483 k €
-3.6% YoY
Equity
468,4 k €
+8.7% YoY
Workforce
5,0 ETP
-9.1% YoY

What does Institut de Formation Continue, Sciences et Médecine do?

Institut de Formation Continue, Sciences et Médecine is a Non-profit organization incorporated in 2003. Its registered office is in Bruxelles. It employs on average 5,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0860.682.978
Incorporation
24/09/2003
Legal form
Non-profit organization
Registered office
Rue Haute 322
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
5,0 ETP
Joint committees (1)
  • 329
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin483 k €500,9 k €336,2 k €476 k €288,6 k €245,8 k €311,1 k €407,1 k €284,9 k €
EBITDA36,9 k €60,5 k €-12,6 k €78,5 k €-81,5 k €-17,4 k €-9 k €126,1 k €24,6 k €
Operating result35,7 k €57,4 k €-15,4 k €58,1 k €-105,1 k €-41,3 k €-32,9 k €118,2 k €21,2 k €
Net result37,6 k €59,2 k €-14,7 k €57,8 k €-105,2 k €-41,6 k €-32,7 k €118,3 k €21,4 k €
Balance sheet
Equity468,4 k €430,8 k €371,6 k €386,3 k €328,5 k €433,7 k €475,3 k €508 k €389,7 k €
Total assets648,9 k €600,7 k €563,3 k €577,5 k €514,6 k €559,9 k €631,3 k €679,3 k €544,7 k €
Cash526,6 k €461,7 k €378,6 k €421,5 k €360,3 k €433,2 k €430,5 k €503,3 k €330,3 k €
Debts79 k €69,8 k €72,2 k €103,5 k €75,8 k €43,2 k €69,4 k €50,6 k €47,4 k €
Other
Workforce5,0 ETP5,5 ETP6,1 ETP6,6 ETP6,6 ETP5,7 ETP5,6 ETP5,2 ETP5,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 25 ended

Active mandates

Diane De Longueville

Director · since 23 mai 2023 · until 23 mai 2025

Active
Magali Bartiaux

Director · since 23 mai 2023 · until 23 mai 2025

Active
Pierre Mols

Director · since 23 mai 2023 · until 23 mai 2025

Active
Stefano Malinverni

Director · since 23 mai 2023 · until 23 mai 2025

Active
Victor Tejeda

Director · since 23 mai 2023 · until 23 mai 2025

Active
Vincent Collot

Director · since 23 mai 2023 · until 23 mai 2025

Active

Ended mandates

Benoit Claessens

Director · since 18 mai 2021 · until 30 juin 2021

Ended
Diane De Longueville

Director · since 18 mai 2021 · until 18 mai 2023

Ended
Magali Bartiaux

Director · since 18 mai 2021 · until 18 mai 2023

Ended
Pierre Mols

Director · since 18 mai 2021 · until 18 mai 2023

Ended
At this address

Other companies at this address

CompanyCBE no.
AQUARELLEActive
0474.790.254
0430.570.924
0447.124.567
0256.963.391
0434.028.577
0428.753.361
BREACHActive
0588.981.228
0409.111.752
0409.119.274
0407.697.829
0408.436.712
0455.877.234
1000.839.961
0448.529.780
0463.109.474
0627.765.588
0873.557.254
0409.743.341
0409.743.440
0454.758.764
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 date01/06/202620/05/202507/06/202413/06/202324/08/202230/06/2021
General meeting12/05/202613/05/202515/05/202423/05/202317/05/202218/05/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/05/202601/06/2026FrenchPDF
Abridged model31/12/202413/05/202520/05/2025FrenchPDF
Abridged model31/12/202315/05/202407/06/2024FrenchPDF
Abridged model31/12/202223/05/202313/06/2023FrenchPDF
Abridged model31/12/202117/05/202224/08/2022FrenchPDF
Abridged model31/12/202018/05/202130/06/2021FrenchPDF
Abridged model31/12/201923/06/202028/07/2020FrenchPDF
Abridged model31/12/201829/04/201928/05/2019FrenchPDF
Abridged model31/12/201729/05/201827/08/2018FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 6 active · 25 ended

Active mandates

Diane De Longueville

Director · since 23 mai 2023 · until 23 mai 2025

Active
Magali Bartiaux

Director · since 23 mai 2023 · until 23 mai 2025

Active
Pierre Mols

Director · since 23 mai 2023 · until 23 mai 2025

Active
Stefano Malinverni

Director · since 23 mai 2023 · until 23 mai 2025

Active
Victor Tejeda

Director · since 23 mai 2023 · until 23 mai 2025

Active
Vincent Collot

Director · since 23 mai 2023 · until 23 mai 2025

Active

Ended mandates

Benoit Claessens

Director · since 18 mai 2021 · until 30 juin 2021

Ended
Diane De Longueville

Director · since 18 mai 2021 · until 18 mai 2023

Ended
Magali Bartiaux

Director · since 18 mai 2021 · until 18 mai 2023

Ended
Pierre Mols

Director · since 18 mai 2021 · until 18 mai 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/12/2023
    OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates17/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/07/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/08/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/08/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/07/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/07/2017
    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 202537,6 k €
  2. 2024
    Annual accounts 202459,2 k €
  3. 2023
    Annual accounts 2023-14,7 k €
  4. 2022
    Annual accounts 202257,8 k €
  5. 2021
    Annual accounts 2021-105,2 k €
  6. 2020
    Annual accounts 2020-41,6 k €
  7. 2019
    Annual accounts 2019-32,7 k €
  8. 2018
    Annual accounts 2018118,3 k €
  9. 2017
    Annual accounts 201721,4 k €
  10. 24/09/2003
    IncorporationNon-profit organization