ACTIVE

CENTRE WALLON DE FORMATION ET DE PERFECTIONNEMENT DU SECTEUR HORECA

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Financial year 2025 · closed on 31/12/2025

Net result

0 €

Revenue

2,9 M €

+3.3% YoY

Equity

759,1 k €

-3.8% YoY

Workforce

18,9 ETP

+5.6% YoY

What does CENTRE WALLON DE FORMATION ET DE PERFECTIONNEMENT DU SECTEUR HORECA do?

CENTRE WALLON DE FORMATION ET DE PERFECTIONNEMENT DU SECTEUR HORECA is a Non-profit organization incorporated in 2003. Its main activity is: Security and investigation activities. Its registered office is in Namur. It employs on average 18,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0861.434.135

Incorporation

03/11/2003

Legal form

Non-profit organization

Registered office

Square Jean Mosseray(JB) 4
5100 Namur · Wallonie

Latest accounts

31/12/2025

Average workforce

18,9 ETP

Activities (NACE)

80421Security and investigation activities· main 85592Other education n.e.c.85592Other education n.e.c.

Signals

Positive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Revenue	2,9 M €	+3.3%	2,8 M €	+28.7%	2,2 M €	+0.5%	2,2 M €	+20.8%	1,8 M €	+2.1%	1,8 M €	-19.4%	2,2 M €	-7.8%	2,4 M €	+15.0%	2,1 M €	+2.5%	2 M €	+2.9%	2 M €	+11.2%	1,8 M €	+18.0%	1,5 M €	+2.3%	1,5 M €	+16.2%	1,3 M €	+2.8%	1,2 M €	+11.9%	1,1 M €
EBITDA	172,7 k €	+1.4%	170,4 k €	-2.6%	174,9 k €	+3.2%	169,4 k €	-8.5%	185,1 k €	-5.1%	195,1 k €	+20.3%	162,1 k €	+1.5%	159,7 k €	+19.7%	133,4 k €	+33.7%	99,8 k €	+4.0%	95,9 k €	+635%	13,1 k €	+139%	5,5 k €	-55.4%	12,3 k €	+15.2%	10,6 k €	-9.0%	11,7 k €	-27.0%	16 k €
Operating result	4,1 k €	+3.3%	4 k €	-54.7%	8,8 k €	+79.0%	4,9 k €	-29.7%	7 k €	+13.1%	6,2 k €	+167%	-9,2 k €	-332%	4 k €	+36.8%	2,9 k €	+25.2%	2,3 k €	+39.7%	1,7 k €	-43.4%	2,9 k €	+118%	1,3 k €	-83.7%	8,2 k €	+252%	2,3 k €	+89.5%	1,2 k €	+34.5%	918 €
Net result	0 €		0 €		0 €		0 €		–		0 €		–		–		–		–		–		–		0 €		0 €		–		–		–
Balance sheet
Equity	759,1 k €	-3.8%	789 k €	-7.7%	855,2 k €	-7.3%	922,3 k €	-6.7%	988,9 k €	-6.5%	1,1 M €	-6.0%	1,1 M €	-7.1%	1,2 M €	-6.8%	1,3 M €	-6.4%	1,4 M €	-6.0%	1,5 M €	+11.5%	1,3 M €	+567%	198,8 k €		–		–		–		–
Total assets	2,8 M €	+24.8%	2,2 M €	-7.5%	2,4 M €	+1.2%	2,4 M €	+23.9%	1,9 M €	-15.9%	2,3 M €	-8.7%	2,5 M €	+3.3%	2,4 M €	+20.8%	2 M €	+16.0%	1,7 M €	-1.0%	1,8 M €	-3.5%	1,8 M €	+164%	691,2 k €	+58.2%	436,9 k €	+30.3%	335,3 k €	-52.8%	710,1 k €	+181%	252,5 k €
Cash	599,8 k €	+727%	72,5 k €	-79.0%	345 k €	-29.2%	487,2 k €	+111%	230,7 k €	+84.9%	124,8 k €	-79.3%	601,8 k €	+24.2%	484,4 k €	+67.2%	289,7 k €	+67.7%	172,7 k €	+37.8%	125,4 k €	-57.6%	295,5 k €	+42.0%	208 k €	-33.9%	314,8 k €	+65.7%	190 k €	-66.6%	569,7 k €	+267%	155,2 k €
Debts	2 M €	+40.9%	1,4 M €	-7.9%	1,6 M €	+21.7%	1,3 M €	+36.3%	948,5 k €	-23.9%	1,2 M €	-10.8%	1,4 M €	+13.6%	1,2 M €	+70.3%	722,5 k €	+104%	353,8 k €	+25.2%	282,7 k €	-43.4%	499,6 k €	+1.6%	491,6 k €	+13.6%	432,9 k €	+33.0%	325,5 k €	-53.7%	702,6 k €	+180%	250,6 k €
Other
Workforce	18,9 ETP	+5.6%	17,9 ETP	+2.9%	17,4 ETP	+5.5%	16,5 ETP	-1.2%	16,7 ETP	-5.1%	17,6 ETP	+17.3%	15,0 ETP	-11.8%	17,0 ETP	+37.1%	12,4 ETP	+17.0%	10,6 ETP	-9.4%	11,7 ETP	+17.0%	10,0 ETP	+11.1%	9,0 ETP	+12.5%	8,0 ETP	+11.1%	7,2 ETP	-7.7%	7,8 ETP	+5.4%	7,4 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 · 13 active · 61 ended

Active mandates

Sandra ANTENUCCI

Chairman of the board of directors · since 02 février 2026 · until 01 février 2028

Active

Eric DUCHESNE

Director · since 12 décembre 2025 · until 31 décembre 2029

Active

Antoine BLANCHARD

Director · since 13 juin 2025 · until 30 juin 2029

Active

Pierre VAN ESPEN

Director · since 13 juin 2025 · until 30 juin 2029

Active

Sandra ANTENUCCI

Director · since 13 juin 2025 · until 30 juin 2029

Active

Tiphaine MALCHAIR

Director · since 13 juin 2025 · until 30 juin 2029

Active

Geneviève BOSSU

Director · since 11 décembre 2024 · until 31 décembre 2028

Active

Pierre PORIAU

Vice-chairman of the board of directors · since 05 février 2024 · until 31 décembre 2027

Active

Tiphaine MALCHAIR

Chairman of the board of directors · since 05 février 2024 · until 01 février 2026

Active

Leila LOUNISSI

Director · since 21 juin 2023 · until 30 juin 2027

Active

Pierre PORIAU

Director · since 21 juin 2023 · until 31 décembre 2027

Active

Françoise RENARD

Director · since 09 décembre 2022 · until 31 décembre 2026

Active

Michaël HERBOTS

Director · since 22 juin 2022 · until 25 juin 2026

Active

Ended mandates

Geneviève BOSSU

Director · since 11 décembre 2024 · until 30 juin 2028

Ended

Tiphaine MALCHAIR

Chairman of the board of directors · since 05 février 2024 · until 31 décembre 2025

Ended

Françoise RENARD

Director · since 21 juin 2023 · until 30 juin 2027

Ended

Leila LOUNISSI

Director · since 21 juin 2023

Ended

Annual accounts

Full financial information

	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	08/07/2026	25/06/2025	09/07/2024	11/07/2023	24/06/2022	01/07/2021
General meeting	25/06/2026	13/06/2025	13/06/2024	21/06/2023	22/06/2022	15/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/06/2026	08/07/2026	French	PDF
Abridged model	31/12/2024	13/06/2025	25/06/2025	French	PDF
Abridged model	31/12/2023	13/06/2024	09/07/2024	French	PDF
Abridged model	31/12/2022	21/06/2023	11/07/2023	French	PDF
Abridged model	31/12/2021	22/06/2022	24/06/2022	French	PDF
Abridged model	31/12/2020	15/06/2021	01/07/2021	French	PDF
Abridged model	31/12/2019	17/09/2020	22/10/2020	French	PDF
Abridged model	31/12/2018	28/06/2019	24/07/2019	French	PDF
Abridged model	31/12/2017	25/10/2018	17/12/2018	French	PDF
Abridged model	31/12/2016	22/06/2017	10/07/2017	French	PDF
Abridged model	31/12/2015	22/06/2016	12/09/2016	French	PDF
Abridged model	31/12/2014	23/09/2015	25/09/2015	French	PDF
Abridged model	31/12/2013	27/11/2014	01/12/2014	French	PDF
Abridged model	31/12/2012	20/06/2013	19/07/2013	French	PDF
Abridged model	31/12/2011	28/06/2012	11/07/2012	French	PDF
Abridged model	31/12/2010	27/06/2011	12/08/2011	French	PDF
Abridged model	31/12/2009	22/06/2010	27/07/2010	French	PDF
Abridged model	31/12/2008	23/06/2009	29/07/2009	French	PDF
Abridged model	31/12/2007	24/06/2008	27/06/2008	French	PDF

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 · 13 active · 61 ended

Active mandates

Sandra ANTENUCCI

Chairman of the board of directors · since 02 février 2026 · until 01 février 2028

Active

Eric DUCHESNE

Director · since 12 décembre 2025 · until 31 décembre 2029

Active

Antoine BLANCHARD

Director · since 13 juin 2025 · until 30 juin 2029

Active

Pierre VAN ESPEN

Director · since 13 juin 2025 · until 30 juin 2029

Active

Sandra ANTENUCCI

Director · since 13 juin 2025 · until 30 juin 2029

Active

Tiphaine MALCHAIR

Director · since 13 juin 2025 · until 30 juin 2029

Active

Geneviève BOSSU

Director · since 11 décembre 2024 · until 31 décembre 2028

Active

Pierre PORIAU

Vice-chairman of the board of directors · since 05 février 2024 · until 31 décembre 2027

Active

Tiphaine MALCHAIR

Chairman of the board of directors · since 05 février 2024 · until 01 février 2026

Active

Leila LOUNISSI

Director · since 21 juin 2023 · until 30 juin 2027

Active

Pierre PORIAU

Director · since 21 juin 2023 · until 31 décembre 2027

Active

Françoise RENARD

Director · since 09 décembre 2022 · until 31 décembre 2026

Active

Michaël HERBOTS

Director · since 22 juin 2022 · until 25 juin 2026

Active

Ended mandates

Geneviève BOSSU

Director · since 11 décembre 2024 · until 30 juin 2028

Ended

Tiphaine MALCHAIR

Chairman of the board of directors · since 05 février 2024 · until 31 décembre 2025

Ended

Françoise RENARD

Director · since 21 juin 2023 · until 30 juin 2027

Ended

Leila LOUNISSI

Director · since 21 juin 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/08/2026
Nominations:
PDF
Mandates12/02/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates17/09/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates08/01/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates13/08/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates03/08/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates24/03/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates07/02/2023
DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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

2025
Annual accounts 20250 €↑
2024
Annual accounts 20240 €↑
2023
Annual accounts 20230 €↑
2022
Annual accounts 20220 €↑
2021
Annual accounts 2021
2020
Annual accounts 20200 €↑
2019
Annual accounts 2019
2018
Annual accounts 2018
2017
Annual accounts 2017
2016
Annual accounts 2016
2015
Annual accounts 2015
2014
Annual accounts 2014
2013
Annual accounts 20130 €↑
2012
Annual accounts 20120 €
2011
Annual accounts 2011
2010
Annual accounts 2010
2009
Annual accounts 2009
03/11/2003
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CENTRE WALLON DE FORMATION ET DE PERFECTIONNEMENT DU SECTEUR HORECA

Overview

What does CENTRE WALLON DE FORMATION ET DE PERFECTIONNEMENT DU SECTEUR HORECA do?

Trend over 17 financial years

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