ACTIVE

Palais des Beaux-Arts

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Financial year 2025 · Closed on 31/12/2025

Net result422 k €+6,9 %over 1 year
Revenue8,9 M €+9,7 %over 1 year
Equity50,8 M €+5,9 %over 1 year
Workforce227,4 ETP-8,5 %over 1 year

Identity

Source · BCE/KBO

Palais des Beaux-Arts is a Public limited company incorporated in 2002. Its main activity is: Operation of arts facilities. Its registered office is in Bruxelles. It employs on average 227,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0895.408.978
Incorporation
01/01/2002
Legal form
Public limited company
Registered office
Rue Ravenstein 23
1000 Bruxelles · BruxellesSee on map
Contributed capital
28 297 813,03 €
Latest accounts
31/12/2025
Average workforce
227,4 ETP
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 45 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue8,9 M €8,2 M €7,3 M €5,9 M €4,7 M €
EBITDA1,7 M €435,2 k €1,2 M €2,4 M €2,4 M €
Operating result-523,9 k €-314 k €-576 k €-163,1 k €808,9 k €
Net result422 k €394,8 k €82,2 k €439,2 k €1,3 M €
Balance sheet
Equity50,8 M €48 M €47,9 M €47,9 M €44,6 M €
Total assets69,1 M €67,8 M €64,5 M €65,1 M €62,5 M €
Cash2,3 M €3,6 M €8,2 M €6,8 M €8,5 M €
Debts13,9 M €14 M €11,5 M €13,3 M €13,3 M €
Other
Workforce227,4 ETP248,6 ETP242,4 ETP247,0 ETP248,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

17 active · 94 ended

Active mandates

Hanneleen Broeckx

Government commissioner · since 01 juin 2025

Active
Stef Claes

Government commissioner · since 17 avril 2025

Active
Stijn De Rytter

Government commissioner · since 24 janvier 2024 · until 16 avril 2025

Active
Damien VAN EYLL

Government commissioner · since 15 juin 2021 · until 14 juin 2027

Active
Christine CLAUS

Director · since 01 juin 2021 · until 31 mai 2027

Active
Dominique SAVELKOUL

Director · since 01 juin 2021 · until 31 mai 2027

Active
Els SILVRANTS-BARCLAY

Vice-chairman of the board of directors · since 01 juin 2021 · until 31 mai 2027

Active
Hakima DARHMOUCH

Director · since 01 juin 2021 · until 31 mai 2027

Active
Hilde LAGA

Director · since 01 juin 2021 · until 31 mai 2027

Active
Isabelle MAZZARA

Chairman of the board of directors · since 01 juin 2021 · until 31 mai 2027

Active
Jan CORNILLIE

Director · since 01 juin 2021 · until 31 mai 2027

Active
Jean EYLENBOSCH

Director · since 01 juin 2021 · until 31 mai 2027

Active
Jos GEYSELS

Director · since 01 juin 2021 · until 31 mai 2027

Active
Mohamed OUACHEN

Director · since 01 juin 2021 · until 31 mai 2027

Active
Thierry BOUCKAERT

Director · since 01 juin 2021 · until 31 mai 2027

Active
Zehra SAYIN

Director · since 01 juin 2021 · until 31 mai 2027

Active
Marc Boeykens

Government commissioner · since 15 janvier 2006 · until 31 mai 2025

Active

Ended mandates

Stijn De Rytter

Government commissioner · since 24 janvier 2024 · until 23 janvier 2030

Ended
Kris Van Cauter

Government commissioner · since 09 juillet 2021 · until 09 février 2023

Ended
Els SILVRANS-BARCLAY

Vice-chairman of the board of directors · since 01 juin 2021 · until 31 mai 2027

Ended
Hilde LAGA

Director · since 01 juin 2021 · until 10 mai 2027

Ended

Other companies at this address

Rue Ravenstein 23 1000 Bruxelles
CompanyCBE no.
Arty Farty Bruxelles● Bankrupt
0675.379.029
Association pour l'information culturelle● Liquidation
0407.774.142
Association Scientifiques des Medecins Cineastes de Belgique● Active
0408.981.395
Centre Experimental de Cinematographie● Active
0409.134.221
Comite d'Action du Cinema Belge● Active
0409.265.665
Comité National Belge de Cinéma pour les Nations Unies● Active
0408.135.022
Ecran du Séminaire● Active
0409.462.338
Jeunesse et Arts Plastiques● Active
0407.200.159
La Courte Vue● Active
0409.397.309
Les Amis du Palais des Beaux-Arts de Bruxelles - De Vrienden van het Paleis van Schone Kunsten van Brussel● Active
0443.546.059
THE EUROPEAN CONCERT HALLS ORGANISATION● Active
0473.482.734
VENEZIAVIVA .BE.ASSOCIATION BELGE POUR LA SAUVEGARDE ET LA DEFENSE DE VENISE● Active
0862.723.542
VICTOR BOZAR CAFE● Active
0559.918.345

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/05/202602/02/202625/07/202406/06/202317/02/202316/06/2021
General meeting28/04/202629/04/202530/04/202425/04/202326/04/202220/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 45 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202528/04/202619/05/2026DutchPDF
Full model31/12/202528/04/202605/05/2026FrenchPDF
Full modelCorrection31/12/202429/04/202502/02/2026FrenchPDF
Full modelCorrection31/12/202429/04/202502/02/2026DutchPDF
Full model31/12/202429/04/202504/06/2025FrenchPDF
Full model31/12/202429/04/202521/05/2025DutchPDF
Full model31/12/202330/04/202425/07/2024DutchPDF
Full model31/12/202330/04/202428/06/2024FrenchPDF
Full model31/12/202225/04/202306/06/2023DutchPDF
Full model31/12/202225/04/202306/06/2023FrenchPDF
Full modelCorrection31/12/202126/04/202217/02/2023FrenchPDF
Full modelCorrection31/12/202126/04/202208/02/2023FrenchPDF
Full modelCorrection31/12/202126/04/202208/02/2023DutchPDF
Full model31/12/202126/04/202203/08/2022FrenchPDF
Full model31/12/202126/04/202203/08/2022DutchPDF
Full model31/12/202020/04/202116/06/2021DutchPDF
Full model31/12/202020/04/202116/06/2021FrenchPDF
Full model31/12/201923/03/202016/06/2020DutchPDF
Full model31/12/201923/03/202016/06/2020FrenchPDF
Full model31/12/201810/05/201928/05/2019DutchPDF
Full model31/12/201810/05/201928/05/2019FrenchPDF
Full model31/12/201709/05/201825/05/2018DutchPDF
Full model31/12/201709/05/201825/05/2018FrenchPDF
Full model31/12/201619/05/201726/07/2017DutchPDF

View all 45 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

17 active · 94 ended

Active mandates

Hanneleen Broeckx

Government commissioner · since 01 juin 2025

Active
Stef Claes

Government commissioner · since 17 avril 2025

Active
Stijn De Rytter

Government commissioner · since 24 janvier 2024 · until 16 avril 2025

Active
Damien VAN EYLL

Government commissioner · since 15 juin 2021 · until 14 juin 2027

Active
Christine CLAUS

Director · since 01 juin 2021 · until 31 mai 2027

Active
Dominique SAVELKOUL

Director · since 01 juin 2021 · until 31 mai 2027

Active
Els SILVRANTS-BARCLAY

Vice-chairman of the board of directors · since 01 juin 2021 · until 31 mai 2027

Active
Hakima DARHMOUCH

Director · since 01 juin 2021 · until 31 mai 2027

Active
Hilde LAGA

Director · since 01 juin 2021 · until 31 mai 2027

Active
Isabelle MAZZARA

Chairman of the board of directors · since 01 juin 2021 · until 31 mai 2027

Active
Jan CORNILLIE

Director · since 01 juin 2021 · until 31 mai 2027

Active
Jean EYLENBOSCH

Director · since 01 juin 2021 · until 31 mai 2027

Active
Jos GEYSELS

Director · since 01 juin 2021 · until 31 mai 2027

Active
Mohamed OUACHEN

Director · since 01 juin 2021 · until 31 mai 2027

Active
Thierry BOUCKAERT

Director · since 01 juin 2021 · until 31 mai 2027

Active
Zehra SAYIN

Director · since 01 juin 2021 · until 31 mai 2027

Active
Marc Boeykens

Government commissioner · since 15 janvier 2006 · until 31 mai 2025

Active

Ended mandates

Stijn De Rytter

Government commissioner · since 24 janvier 2024 · until 23 janvier 2030

Ended
Kris Van Cauter

Government commissioner · since 09 juillet 2021 · until 09 février 2023

Ended
Els SILVRANS-BARCLAY

Vice-chairman of the board of directors · since 01 juin 2021 · until 31 mai 2027

Ended
Hilde LAGA

Director · since 01 juin 2021 · until 10 mai 2027

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/02/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 22/04/2026
    nominationMarie Delacroix — commissaris revisor
  2. 22/04/2026
    nominationRSM — commissaire-réviseur
  3. 2025
    Annual accounts 2025422 k €↑
  4. 14/11/2025
    nominationAnn-Sophie Geenen — commissaris revisor
  5. 14/11/2025
    nominationBaker Tilly Bedrijfsrevisoren — commissaire-réviseur
  6. 2024
    Annual accounts 2024394,8 k €↑
  7. 01/01/2024
    nominationRoger Christmann — lid van het uitvoerend comite
  8. 01/01/2024
    nominationRoger Christmann — membre du comité exécutif
  9. 2023
    Annual accounts 202382,2 k €↓
  10. 2022
    Annual accounts 2022439,2 k €↓
  11. 26/04/2022
    nominationMarie DELACROIX — commissaire réviseur
  12. 26/04/2022
    nominationOlivier DECLERCQ — commissaire réviseur
  13. 26/04/2022
    nominationMarie DELACROIX — lid van het Collège van commissarissen revisoren
  14. 26/04/2022
    nominationOlivier DECLERCQ — lid van het Collège van commissarissen revisoren
  15. 2021
    Annual accounts 20211,3 M €↑
  16. 2021
    Name changePaleis Voor Schone Kunsten
  17. 2021
    Name changePalais des Beaux-Arts
  18. 2020
    Annual accounts 2020-979 k €↓
  19. 2019
    Annual accounts 2019-35,7 k €↓
  20. 2018
    Annual accounts 2018-19,3 k €↑
  21. 2017
    Annual accounts 2017-27,2 k €↓
  22. 2016
    Annual accounts 2016-7,2 k €↑
  23. 2015
    Annual accounts 2015-59,7 k €↓
  24. 2014
    Annual accounts 201432 k €↑
  25. 2013
    Annual accounts 2013-68,1 k €↓
  26. 2012
    Annual accounts 2012-9,2 k €↑
  27. 2010
    Annual accounts 2010-105,6 k €↓
  28. 2009
    Annual accounts 2009-40,2 k €↑
  29. 2008
    Annual accounts 2008-227,9 k €↓
  30. 2007
    Annual accounts 2007-47,9 k €↑
  31. 2006
    Annual accounts 2006-72,2 k €↑
  32. 2003
    Annual accounts 2003-3 M €
  33. 01/01/2002
    IncorporationPublic limited company