ACTIVE

Abrusco

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Financial year 2025 · closed on 31/12/2025

Net result

-24,1 k €

-153.6% YoY

Gross margin

1,2 M €

-7.0% YoY

Equity

231,9 k €

-9.4% YoY

Workforce

17,8 ETP

-12.7% YoY

What does Abrusco do?

Abrusco is a Non-profit organization incorporated in 2003. Its main activity is: Other education n.e.c.. Its registered office is in Molenbeek-Saint-Jean. It employs on average 17,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0864.709.567

Incorporation

30/06/2003

Legal form

Non-profit organization

Registered office

Boulevard Léopold II 178
1080 Molenbeek-Saint-Jean · BruxellesSee on map

Latest accounts

31/12/2025

Average workforce

17,8 ETP

Activities (NACE)

85593Other education n.e.c.· main 85593Other education n.e.c.

Joint committees (2)

329
32901

Signals

Solid equityLow riskGood liquidityHealthy 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		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2007
Income statement
Gross margin	1,2 M €	-7.0%	1,3 M €	-0.4%	1,3 M €	+6.0%	1,2 M €	+1.6%	1,2 M €	+6.6%	1,1 M €	+28.7%	888,4 k €	+6.5%	834 k €	+14.9%	725,5 k €	-3.0%	747,8 k €	+9.0%	685,7 k €	+3.7%	661 k €	-40.6%	1,1 M €	-12.2%	1,3 M €	+26.3%	1 M €	+41.2%	710,3 k €	+78.7%	397,5 k €
EBITDA	-12,2 k €	-120%	59,6 k €	+143%	-138,8 k €	-217%	-43,7 k €	-236%	32,2 k €	-15.5%	38,1 k €	+304%	9,4 k €	-71.1%	32,6 k €	+170%	-46,4 k €	-322%	20,9 k €	-81.4%	112,7 k €	+13.4%	99,4 k €	-45.8%	183,3 k €	+1675%	-11,6 k €	+95.5%	-258,2 k €	-3.8%	-248,7 k €	-242%	-72,7 k €
Operating result	-22,6 k €	-149%	45,7 k €	+130%	-154,4 k €	-185%	-54,1 k €	-352%	21,5 k €	+55.5%	13,8 k €	+189%	-15,6 k €	-220%	13 k €	+121%	-61,9 k €	-1524%	4,3 k €	-95.9%	105 k €	+12.7%	93,1 k €	-47.1%	176 k €	+808%	-24,8 k €	+91.0%	-274,7 k €	-5.4%	-260,8 k €	-259%	-72,7 k €
Net result	-24,1 k €	-154%	45 k €	+129%	-154,9 k €	-171%	-57,1 k €	-378%	20,6 k €	+36.7%	15 k €	+195%	-15,8 k €	-223%	12,9 k €	+121%	-62 k €	-1520%	4,4 k €	-95.7%	101,4 k €	+21.9%	83,2 k €	-52.3%	174,3 k €	+571%	-37 k €	+53.2%	-79,1 k €	-215%	69 k €	+254%	-44,7 k €
Balance sheet
Equity	231,9 k €	-9.4%	256,1 k €	+21.3%	211 k €	-42.3%	365,9 k €	+92.0%	190,6 k €	+12.1%	170,1 k €	+9.7%	155 k €	-9.2%	170,8 k €	+8.1%	157,9 k €	-28.2%	219,9 k €	+2.0%	215,5 k €	+88.8%	114,2 k €	+269%	31 k €	+122%	-143,4 k €	-34.8%	-106,4 k €	-291%	-27,2 k €	+72.9%	-100,4 k €
Total assets	449,9 k €	+3.1%	436,5 k €	-4.0%	454,9 k €	-36.6%	717,3 k €	+42.5%	503,5 k €	+18.3%	425,5 k €	+19.5%	356,2 k €	+15.5%	308,4 k €	+3.3%	298,5 k €	-29.2%	421,9 k €	+27.1%	332,1 k €	+30.9%	253,6 k €	+65.0%	153,7 k €	-66.8%	462,6 k €	-29.5%	656,1 k €	-40.0%	1,1 M €	+754%	128,2 k €
Cash	198,2 k €	-32.8%	294,8 k €	-1.7%	299,8 k €	-43.6%	531,6 k €	+35.9%	391,2 k €	+24.3%	314,8 k €	+31.3%	239,8 k €	+75.6%	136,5 k €	-40.3%	228,6 k €	-18.6%	280,9 k €	+53.9%	182,5 k €	+89.5%	96,3 k €	+3633%	2,6 k €	-96.8%	80,2 k €	+256%	22,5 k €	-80.1%	113,2 k €	-3.1%	116,9 k €
Debts	208,9 k €	+21.9%	171,3 k €	-26.7%	233,9 k €	-6.1%	249 k €	+12.6%	221,2 k €	+30.6%	169,4 k €	-13.7%	196,2 k €	+81.1%	108,4 k €	+2.5%	105,7 k €	-39.9%	175,9 k €	+68.1%	104,7 k €	-1.8%	106,6 k €	+64.2%	64,9 k €	-86.5%	482,4 k €	-17.1%	581,7 k €	+49.6%	389 k €	+70.2%	228,6 k €
Other
Workforce	17,8 ETP	-12.7%	20,4 ETP	-17.4%	24,7 ETP	+8.3%	22,8 ETP	-3.8%	23,7 ETP	+4.9%	22,6 ETP	-8.5%	24,7 ETP	+7.9%	22,9 ETP	-1.3%	23,2 ETP	+7.9%	21,5 ETP	+13.2%	19,0 ETP	+5.6%	18,0 ETP	-54.0%	39,1 ETP	-42.4%	67,9 ETP	-0.4%	68,2 ETP	+60.5%	42,5 ETP	+62.8%	26,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 49 ended

Active mandates

Amaryllis Pieteraerens

Director · since 18 avril 2024

Active

Deborah Van Humbeeck

Director · since 18 avril 2024

Active

Barbara Danis

Director · since 21 juin 2023

Active

Kris Bauwens

Director · since 21 juin 2023

Active

Sarah Trossaert

Director · since 10 mai 2022

Active

Elisabet Campforts

Director · since 22 mai 2017

Active

Ended mandates

Daniel De Block

Mandate · since 30 juin 2014 · until 30 juin 2020

Ended

Dries Vandermeersch

Director · since 30 juin 2014 · until 30 juin 2020

Ended

Hugo Eerdekens

Mandate · since 30 juin 2014 · until 30 juin 2020

Ended

Jean-Pierre Tavernier

Chairman of the board of directors · since 30 juin 2014 · until 30 juin 2020

Ended

At this address

Other companies at this address

Company	CBE no.
BrES - Brussels Expertisecentrum Schooluitval● Active	1042.596.184

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	27/04/2026	27/05/2025	27/06/2024	26/06/2023	17/06/2022	22/06/2021
General meeting	20/04/2026	22/04/2025	18/04/2024	21/06/2023	10/05/2022	29/04/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/04/2026	27/04/2026	Dutch	PDF
Abridged model	31/12/2024	22/04/2025	27/05/2025	Dutch	PDF
Abridged model	31/12/2023	18/04/2024	27/06/2024	Dutch	PDF
Abridged model	31/12/2022	21/06/2023	26/06/2023	Dutch	PDF
Abridged model	31/12/2021	10/05/2022	17/06/2022	Dutch	PDF
Abridged model	31/12/2020	29/04/2021	22/06/2021	Dutch	PDF
Abridged model	31/12/2019	23/04/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	22/05/2019	05/07/2019	Dutch	PDF
Abridged model	31/12/2017	18/04/2018	24/04/2018	Dutch	PDF
Abridged model	31/12/2016	22/05/2017	01/06/2017	Dutch	PDF
Abridged model	31/12/2015	12/05/2016	21/06/2016	Dutch	PDF
Abridged model	31/12/2014	22/04/2015	26/06/2015	Dutch	PDF
Abridged model	31/12/2013	03/04/2014	05/11/2014	Dutch	PDF
Abridged model	31/12/2012	25/06/2013	09/07/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	22/06/2012	Dutch	PDF
Abridged model	31/12/2010	16/06/2011	02/08/2011	Dutch	PDF
Abridged model	31/12/2009	03/06/2010	08/07/2010	Dutch	PDF
Abridged model	31/12/2007	18/06/2008	29/09/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 49 ended

Active mandates

Amaryllis Pieteraerens

Director · since 18 avril 2024

Active

Deborah Van Humbeeck

Director · since 18 avril 2024

Active

Barbara Danis

Director · since 21 juin 2023

Active

Kris Bauwens

Director · since 21 juin 2023

Active

Sarah Trossaert

Director · since 10 mai 2022

Active

Elisabet Campforts

Director · since 22 mai 2017

Active

Ended mandates

Daniel De Block

Mandate · since 30 juin 2014 · until 30 juin 2020

Ended

Dries Vandermeersch

Director · since 30 juin 2014 · until 30 juin 2020

Ended

Hugo Eerdekens

Mandate · since 30 juin 2014 · until 30 juin 2020

Ended

Jean-Pierre Tavernier

Chairman of the board of directors · since 30 juin 2014 · until 30 juin 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/07/2022
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates21/12/2017
BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/08/2014
BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/10/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/10/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/01/2006
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/05/2004
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025-24,1 k €↓
2024
Annual accounts 202445 k €↑
2023
Annual accounts 2023-154,9 k €↓
2022
Annual accounts 2022-57,1 k €↓
2020
Annual accounts 202020,6 k €↑
2019
Annual accounts 201915 k €↑
2018
Annual accounts 2018-15,8 k €↓
2017
Annual accounts 201712,9 k €↑
2016
Annual accounts 2016-62 k €↓
2015
Annual accounts 20154,4 k €↓
2014
Annual accounts 2014101,4 k €↑
2013
Annual accounts 201383,2 k €↓
2012
Annual accounts 2012174,3 k €↑
2011
Annual accounts 2011-37 k €↑
2010
Annual accounts 2010-79,1 k €↓
2009
Annual accounts 200969 k €↑
2007
Annual accounts 2007-44,7 k €
30/06/2003
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

Abrusco

Overview

What does Abrusco do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

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