ACTIVE

Brussels School of Governance - Vesalius College

Financial year 2024 · Closed on 31/12/2024

Net result584,4 k €+260,7 %over 1 year

Gross margin2,6 M €+18,9 %over 1 year

Equity-279,6 k €+67,6 %over 1 year

Identity

Source · BCE/KBO

Brussels School of Governance - Vesalius College is a Non-profit organization incorporated in 2004. Its registered office is in Ixelles.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0870.297.856
Incorporation: 01/12/2004
Legal form: Non-profit organization
Registered office: Boulevard de la Plaine 2
1050 Ixelles · BruxellesSee on map
Latest accounts: 31/12/2024

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	2,6 M €	+18.9%	2,2 M €	+15.6%	1,9 M €	+59.1%	1,2 M €	-16.6%	1,4 M €
EBITDA	698,6 k €	+201%	232,3 k €	+534%	-53,6 k €	+91.6%	-635,5 k €	-110%	-303,2 k €
Operating result	601 k €	+239%	177,5 k €	+276%	-100,7 k €	+84.5%	-650,4 k €	-79.1%	-363,2 k €
Net result	584,4 k €	+261%	162 k €	+239%	-116,5 k €	+82.5%	-665,3 k €	-78.3%	-373,2 k €
Balance sheet
Equity	-279,6 k €	+67.6%	-864,1 k €	+15.8%	-1 M €	-12.8%	-909,6 k €	-272%	-244,4 k €
Total assets	3,5 M €	+19.0%	2,9 M €	+18.2%	2,5 M €	+13.7%	2,2 M €	+3.6%	2,1 M €
Cash	1,5 M €	+18.9%	1,3 M €	+19.3%	1,1 M €	-4.6%	1,1 M €	-12.9%	1,3 M €
Debts	2,9 M €	-10.2%	3,3 M €	+10.3%	3 M €	+12.1%	2,6 M €	+25.0%	2,1 M €
Other
Workforce	–		–		–		–		–

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 31/12/2024

12 active · 16 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Caroline Buts	Directorsince 17/06/2019
Frank Hoffmeister	Directorsince 17/06/2019
Karel De Gucht	Chairman of the board of directorssince 17/06/2019
Tony Joris	Directorsince 17/06/2019
Freddy Van den Spiegel	Directorsince 06/05/2008Chairman of the board of directors06/05/2008 → 05/05/2012ended
Nic VAN CRAEN	Directorsince 06/05/2008Chairman of the board of directors06/05/2008 → 05/05/2010ended
Eva De Bleeker	Director
Gloria Gonzalez-Fuster	Director
Leo Van Audenhove	Director
Sven Biscop	Director
Trisha Meyer	Director
Wendy Van den Broeck	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Karen Donders	Directorsince 17/06/2019
Sarah Engels	Directorsince 17/06/2019
Romain Meeusen	Director18/03/2019 → 17/06/2019
Dave DERUYTTER	Director05/05/2010 → 05/05/2012

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Boulevard de la Plaine 2 1050 Ixelles

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Initiatiefgroep Solvay● Active	1041.299.948

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/03/2026	18/03/2026	18/03/2026	04/03/2024	04/03/2024	04/03/2024
General meeting	25/06/2025	25/06/2025	25/06/2025	30/10/2023	30/10/2023	30/10/2023
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	25/06/2025	18/03/2026	Dutch	PDF
Abridged model	31/12/2023	25/06/2025	18/03/2026	Dutch	PDF
Abridged model	31/12/2022	25/06/2025	18/03/2026	Dutch	PDF
Abridged model	31/12/2021	30/10/2023	04/03/2024	Dutch	PDF
Abridged model	31/12/2020	30/10/2023	04/03/2024	Dutch	PDF
Abridged model	31/12/2019	30/10/2023	04/03/2024	Dutch	PDF
Abridged model	31/12/2018	18/03/2019	02/10/2023	Dutch	PDF
Abridged model	31/12/2017	22/05/2018	05/06/2022	Dutch	PDF
Abridged model	31/12/2016	22/05/2018	05/06/2022	Dutch	PDF
Abridged model	31/12/2015	22/05/2018	05/06/2022	Dutch	PDF
Abridged model	31/12/2014	22/05/2018	05/06/2022	Dutch	PDF
Abridged model	31/12/2013	02/04/2014	09/07/2014	Dutch	PDF
Abridged model	31/12/2012	26/06/2013	13/11/2013	Dutch	PDF
Abridged model	31/12/2011	27/06/2012	29/11/2012	Dutch	PDF
Abridged model	31/12/2010	09/06/2011	15/12/2011	Dutch	PDF
Abridged model	31/12/2009	05/05/2010	22/07/2010	Dutch	PDF
Abridged model	31/12/2008	07/05/2009	29/05/2009	Dutch	PDF
Abridged model	31/12/2007	13/10/2008	04/12/2008	Dutch	PDF
Abridged model	31/12/2006	06/05/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2005	06/06/2006	04/12/2008	Dutch	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 31/12/2024

12 active · 16 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Caroline Buts	Directorsince 17/06/2019
Frank Hoffmeister	Directorsince 17/06/2019
Karel De Gucht	Chairman of the board of directorssince 17/06/2019
Tony Joris	Directorsince 17/06/2019
Freddy Van den Spiegel	Directorsince 06/05/2008Chairman of the board of directors06/05/2008 → 05/05/2012ended
Nic VAN CRAEN	Directorsince 06/05/2008Chairman of the board of directors06/05/2008 → 05/05/2010ended
Eva De Bleeker	Director
Gloria Gonzalez-Fuster	Director
Leo Van Audenhove	Director
Sven Biscop	Director
Trisha Meyer	Director
Wendy Van den Broeck	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Karen Donders	Directorsince 17/06/2019
Sarah Engels	Directorsince 17/06/2019
Romain Meeusen	Director18/03/2019 → 17/06/2019
Dave DERUYTTER	Director05/05/2010 → 05/05/2012

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/08/2019
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/01/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/04/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/06/2010
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

Filings20 filings

Mandates

Tony Joris

Karel De Gucht

Caroline Buts

Frank Hoffmeister

Karen Donders

Sarah Engels

Romain Meeusen

Joël BRANSON

Dave DERUYTTER

Vanessa DE COCK

Jean-Claude BURGELMAN

Nic VAN CRAEN

and 9 more mandates

20042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

VESALIUS COLLEGE

Boulevard de la Plaine 2, 1050 Ixelles

Director

Chairman of the board of directors

Director

Chairman of the board of directorsDirector

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Boulevard de la Plaine 2, 1050 IxellesCurrent	accounts 2014 → 2024	Accounts 2024 · 2026-00056933

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Brussels School of Governance - Vesalius CollegeCurrent		CBE
VESALIUS COLLEGE	accounts 2014 → 2024	Accounts 2024 · 2026-00056933

Events

2024
Annual accounts 2024584,4 k €↑
2023
Annual accounts 2023162 k €↑
2022
Annual accounts 2022-116,5 k €↑
2021
Annual accounts 2021-665,3 k €↓
2020
Annual accounts 2020-373,2 k €↓
2019
Annual accounts 2019159,5 k €↑
2018
Annual accounts 2018-482 k €↓
2017
Annual accounts 2017-187,7 k €↑
2016
Annual accounts 2016-665,5 k €↓
2015
Annual accounts 2015269,5 k €↑
2014
Annual accounts 201438,9 k €↓
2013
Annual accounts 201382 k €↓
2012
Annual accounts 2012131,3 k €↓
2011
Annual accounts 2011298 k €↓
2010
Annual accounts 2010415,2 k €↑
2009
Annual accounts 2009332,7 k €↑
2008
Annual accounts 2008-219,8 k €↑
2007
Annual accounts 2007-539,6 k €↓
2006
Annual accounts 2006-277,7 k €↓
2005
Annual accounts 2005316,4 k €
01/12/2004
IncorporationNon-profit organization

Brussels School of Governance - Vesalius College

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events