ACTIVE

CENTRE WALLON DE FORMATION ET DE PERFECTIONNEMENT DU SECTEUR HORECA

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Financial year 2025 · Closed on 31/12/2025

Net result0 €

Revenue2,9 M €+3,3 %over 1 year

Equity759,1 k €-3,8 %over 1 year

Workforce18,9 ETP+5,6 %over 1 year

Identity

Source · BCE/KBO

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

Financials

Source · NBB, 19 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
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 €
EBITDA	172,7 k €	+1.4%	170,4 k €	-2.6%	174,9 k €	+3.2%	169,4 k €	-8.5%	185,1 k €
Operating result	4,1 k €	+3.3%	4 k €	-54.7%	8,8 k €	+79.0%	4,9 k €	-29.7%	7 k €
Net result	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 €
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 €
Cash	599,8 k €	+727%	72,5 k €	-79.0%	345 k €	-29.2%	487,2 k €	+111%	230,7 k €
Debts	2 M €	+40.9%	1,4 M €	-7.9%	1,6 M €	+21.7%	1,3 M €	+36.3%	948,5 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

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

9 active · 17 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Sandra ANTENUCCI	Chairman of the board of directors02/02/2026 → 01/02/2028Director22/12/2020 → 30/06/2029
Eric DUCHESNE	Director12/12/2025 → 31/12/2029
Antoine BLANCHARD	Director13/06/2025 → 30/06/2029
Pierre VAN ESPEN	Director23/04/2012 → 30/06/2029
Tiphaine MALCHAIR	Director22/12/2020 → 30/06/2029Chairman of the board of directors05/02/2024 → 01/02/2026endedVice-chairman of the board of directors01/01/2023 → 31/12/2023ended
Geneviève BOSSU	Director11/12/2024 → 31/12/2028
Pierre PORIAU	Vice-chairman of the board of directors05/02/2024 → 31/12/2027Director22/10/2003 → 31/12/2027Chairman of the board of directors09/12/2022 → 31/12/2023ended
Françoise RENARD	Director16/12/2010 → 30/06/2027Vice-chairman of the board of directors27/07/2020 → 31/12/2023ended
Leila LOUNISSI	Director21/06/2023 → 30/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Yves COLLETTE	Director21/06/2023 → 30/06/2027
Daniel CORNESSE	Director09/12/2022 → 30/06/2026

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	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

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

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.

Board of directors

Source · NBB, accounts to 31/12/2025

9 active · 17 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Sandra ANTENUCCI	Chairman of the board of directors02/02/2026 → 01/02/2028Director22/12/2020 → 30/06/2029
Eric DUCHESNE	Director12/12/2025 → 31/12/2029
Antoine BLANCHARD	Director13/06/2025 → 30/06/2029
Pierre VAN ESPEN	Director23/04/2012 → 30/06/2029
Tiphaine MALCHAIR	Director22/12/2020 → 30/06/2029Chairman of the board of directors05/02/2024 → 01/02/2026endedVice-chairman of the board of directors01/01/2023 → 31/12/2023ended
Geneviève BOSSU	Director11/12/2024 → 31/12/2028
Pierre PORIAU	Vice-chairman of the board of directors05/02/2024 → 31/12/2027Director22/10/2003 → 31/12/2027Chairman of the board of directors09/12/2022 → 31/12/2023ended
Françoise RENARD	Director16/12/2010 → 30/06/2027Vice-chairman of the board of directors27/07/2020 → 31/12/2023ended
Leila LOUNISSI	Director21/06/2023 → 30/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Yves COLLETTE	Director21/06/2023 → 30/06/2027
Daniel CORNESSE	Director09/12/2022 → 30/06/2026

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

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

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings17 filings

Mandates

Sandra ANTENUCCI

Eric DUCHESNE

Pierre VAN ESPEN

Antoine BLANCHARD

Tiphaine MALCHAIR

Geneviève BOSSU

Pierre PORIAU

Leila LOUNISSI

Françoise RENARD

Yves COLLETTE

Daniel CORNESSE

Michaël HERBOTS

and 13 more mandates

200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

CENTRE WALLON DE FORMATION ET DE PERFECTIONNEMENT DU SECTEUR HORECA

Square Jean Mosseray(JB) 4, 5100 Jambes (Namur)

Chairman of the board of directorsDirector

Director

DirectorChairman of the board of directors

Director

Vice-chairman of the board of directorsDirector

Director

DirectorVice-chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Square Jean Mosseray(JB) 4, 5100 Jambes (Namur)Current	accounts 2022 → 2025	Accounts 2025 · 2026-00274489
Boulevard Anspach 111, 1000 Brussels	accounts 2021	Accounts 2021 · 2022-20089417

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CENTRE WALLON DE FORMATION ET DE PERFECTIONNEMENT DU SECTEUR HORECACurrent	accounts 2009 → 2025	Accounts 2025 · 2026-00274489

Events

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

CENTRE WALLON DE FORMATION ET DE PERFECTIONNEMENT DU SECTEUR HORECA

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

Registered offices

Company names

Events