ACTIVE

Latitude 50

Financial year 2025 · closed on 31/12/2025
Net result
28,8 k €
-21.9% YoY
Revenue
273,9 k €
+13.2% YoY
Equity
486,7 k €
+2.5% YoY
Workforce
10,6 ETP
+3.9% YoY

What does Latitude 50 do?

Latitude 50 is a Non-profit organization incorporated in 2007. Its main activity is: Artistic creation. Its registered office is in Marchin. It employs on average 10,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0890.885.315
Incorporation
17/07/2007
Legal form
Non-profit organization
Registered office
Grand-Marchin 3
4570 Marchin · WallonieSee on map
Latest accounts
31/12/2025
Average workforce
10,6 ETP
Joint committees (1)
  • 32902
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20252024
Income statement
Revenue273,9 k €242 k €
EBITDA97,3 k €88,6 k €
Operating result44,1 k €53,4 k €
Net result28,8 k €36,9 k €
Balance sheet
Equity486,7 k €474,8 k €
Total assets1,2 M €857,6 k €
Cash532,1 k €139,8 k €
Debts698,2 k €376,8 k €
Other
Workforce10,6 ETP10,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 9 active · 2 ended

Active mandates

Anne-Sophie Colmant

Mandate

Active
Etienne Guiot

Mandate

Active
Françoise Hansoul

Mandate

Active
Jean LOUYEST

Mandate

Active
Jean-Pierre Burton

Mandate

Active
Nathanaël HARCQ

Mandate

Active
Olivier MINET

Mandate

Active
Philippe VAN DE WEGHE

Mandate

Active
Véronique SWENNEN

Mandate

Active

Ended mandates

Benoit Van Oost

Mandate

Ended
Philippe Vande Weghe

Mandate

Ended
At this address

Other companies at this address

CompanyCBE no.
0876.468.244
Annual accounts

Full financial information

20252024
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202501/01/2024
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months12 months
Filing date22/04/202626/08/2025
General meeting28/03/202615/06/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202528/03/202622/04/2026FrenchPDF
Abridged model31/12/202415/06/202526/08/2025FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 9 active · 2 ended

Active mandates

Anne-Sophie Colmant

Mandate

Active
Etienne Guiot

Mandate

Active
Françoise Hansoul

Mandate

Active
Jean LOUYEST

Mandate

Active
Jean-Pierre Burton

Mandate

Active
Nathanaël HARCQ

Mandate

Active
Olivier MINET

Mandate

Active
Philippe VAN DE WEGHE

Mandate

Active
Véronique SWENNEN

Mandate

Active

Ended mandates

Benoit Van Oost

Mandate

Ended
Philippe Vande Weghe

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/02/2026
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates04/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/12/2024
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates08/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/11/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/12/2020
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates29/12/2015
    DENOMINATION - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/05/2015
    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 202528,8 k €
  2. 2024
    Annual accounts 202436,9 k €
  3. 17/07/2007
    IncorporationNon-profit organization