ACTIVE

Palais des Beaux-Arts

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

15 active · 36 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Hanneleen Broeckx
Government commissionersince 01/06/2025
Stef Claes
Government commissionersince 17/04/2025
Damien VAN EYLL
Government commissioner15/06/2021 → 14/06/2027
Christine CLAUS
Director01/06/2021 → 31/05/2027
Dominique SAVELKOUL
Director01/06/2021 → 31/05/2027
Els SILVRANTS-BARCLAY
Vice-chairman of the board of directors01/06/2021 → 31/05/2027
Hakima DARHMOUCH
Director01/06/2021 → 31/05/2027
Hilde LAGA
Director01/06/2021 → 31/05/2027
Isabelle MAZZARA
Chairman of the board of directors01/06/2021 → 31/05/2027
Jan CORNILLIE
Director01/01/2008 → 31/05/2027
Jean EYLENBOSCH
Director01/06/2021 → 31/05/2027
Jos GEYSELS
Director01/06/2021 → 31/05/2027
Mohamed OUACHEN
Director01/06/2021 → 31/05/2027
Thierry BOUCKAERT
Director01/06/2021 → 31/05/2027
Zehra SAYIN
Director01/06/2021 → 31/05/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Stijn De Rytter
Government commissioner24/01/2024 → 23/01/2030
Kris Van Cauter
Government commissioner09/07/2021 → 09/02/2023
Els SILVRANS-BARCLAY
Vice-chairman of the board of directors01/06/2021 → 31/05/2027

Other companies at this address

Rue Ravenstein 23 1000 Bruxelles

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
Full model31/12/201619/05/201726/07/2017FrenchPDF
Full model31/12/201512/05/201614/06/2016DutchPDF
Full model31/12/201512/05/201614/06/2016FrenchPDF
Full model31/12/201405/05/201516/07/2015DutchPDF
Full model31/12/201405/05/201516/07/2015FrenchPDF
Full model31/12/201306/05/201419/08/2014DutchPDF
Full model31/12/201306/05/201419/08/2014FrenchPDF
Full model31/12/201207/05/201306/06/2013DutchPDF
Full model31/12/201207/05/201305/06/2013FrenchPDF
Full model31/12/201115/05/201212/07/2012DutchPDF
Full model31/12/201115/05/201212/07/2012FrenchPDF
Full model31/12/201003/05/201110/05/2011DutchPDF
Full model31/12/201003/05/201109/05/2011FrenchPDF
Full model31/12/200904/05/201021/06/2010DutchPDF
Full model31/12/200904/05/201021/06/2010FrenchPDF
Full model31/12/200805/05/200916/09/2009FrenchPDF
Full model31/12/200805/05/200916/09/2009DutchPDF
Full model31/12/200722/04/200817/09/2009FrenchPDF
Full model31/12/200624/04/200711/07/2007FrenchPDF
Full model31/12/200624/04/200711/07/2007DutchPDF
Full model31/12/200327/04/200416/03/2010FrenchPDF

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

15 active · 36 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Hanneleen Broeckx
Government commissionersince 01/06/2025
Stef Claes
Government commissionersince 17/04/2025
Damien VAN EYLL
Government commissioner15/06/2021 → 14/06/2027
Christine CLAUS
Director01/06/2021 → 31/05/2027
Dominique SAVELKOUL
Director01/06/2021 → 31/05/2027
Els SILVRANTS-BARCLAY
Vice-chairman of the board of directors01/06/2021 → 31/05/2027
Hakima DARHMOUCH
Director01/06/2021 → 31/05/2027
Hilde LAGA
Director01/06/2021 → 31/05/2027
Isabelle MAZZARA
Chairman of the board of directors01/06/2021 → 31/05/2027
Jan CORNILLIE
Director01/01/2008 → 31/05/2027
Jean EYLENBOSCH
Director01/06/2021 → 31/05/2027
Jos GEYSELS
Director01/06/2021 → 31/05/2027
Mohamed OUACHEN
Director01/06/2021 → 31/05/2027
Thierry BOUCKAERT
Director01/06/2021 → 31/05/2027
Zehra SAYIN
Director01/06/2021 → 31/05/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Stijn De Rytter
Government commissioner24/01/2024 → 23/01/2030
Kris Van Cauter
Government commissioner09/07/2021 → 09/02/2023
Els SILVRANS-BARCLAY
Vice-chairman of the board of directors01/06/2021 → 31/05/2027

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

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Hanneleen Broeckx
Stef Claes
Damien VAN EYLL
Isabelle MAZZARA
Christine CLAUS
Hilde LAGA
Jean EYLENBOSCH
Jan CORNILLIE
Zehra SAYIN
Hakima DARHMOUCH
Thierry BOUCKAERT
Dominique SAVELKOUL
and 39 more mandates
20022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030
Palais des Beaux-ArtsPalais des Beaux-Arts
Rue Ravenstein 23, 1000 Brussels
Government commissioner
Government commissioner
Government commissioner
Chairman of the board of directors
Director
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue Ravenstein 23, 1000 BrusselsCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00109362

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Palais des Beaux-ArtsCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00109362
Palais des Beaux-Arts
accounts 2021 → 2022
Accounts 2022 · 2023-00112267
Paleis Voor Schone Kunsten
accounts 2022
Accounts 2022 · 2023-00112301
Paleis Voor Schone Kunsten
accounts 2021
Accounts 2021 · 2022-20273837
Palais des Beaux-Arts
accounts 2021
Accounts 2021 · 2022-20273843
Paleis Voor Schone Kunsten
accounts 2021
Accounts 2021 · 2023-00026280

Events

  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. 2023
    Name changePalais des Beaux-Arts
  11. 2022
    Annual accounts 2022439,2 k €↓
  12. 2022
    Name changePaleis Voor Schone Kunsten
  13. 26/04/2022
    nominationMarie DELACROIX · commissaire réviseur
  14. 26/04/2022
    nominationOlivier DECLERCQ · commissaire réviseur
  15. 26/04/2022
    nominationMarie DELACROIX · lid van het Collège van commissarissen revisoren
  16. 26/04/2022
    nominationOlivier DECLERCQ · lid van het Collège van commissarissen revisoren
  17. 2021
    Annual accounts 20211,3 M €↑
  18. 2021
    Name changePaleis Voor Schone Kunsten
  19. 2021
    Name changePalais des Beaux-Arts
  20. 2021
    Name changePaleis Voor Schone Kunsten
  21. 2020
    Annual accounts 2020-979 k €↓
  22. 2019
    Annual accounts 2019-35,7 k €↓
  23. 2018
    Annual accounts 2018-19,3 k €↑
  24. 2017
    Annual accounts 2017-27,2 k €↓
  25. 2016
    Annual accounts 2016-7,2 k €↑
  26. 2015
    Annual accounts 2015-59,7 k €↓
  27. 2014
    Annual accounts 201432 k €↑
  28. 2013
    Annual accounts 2013-68,1 k €↓
  29. 2012
    Annual accounts 2012-9,2 k €↑
  30. 2010
    Annual accounts 2010-105,6 k €↓
  31. 2009
    Annual accounts 2009-40,2 k €↑
  32. 2008
    Annual accounts 2008-227,9 k €↓
  33. 2007
    Annual accounts 2007-47,9 k €↑
  34. 2006
    Annual accounts 2006-72,2 k €↑
  35. 2003
    Annual accounts 2003-3 M €
  36. 01/01/2002
    IncorporationPublic limited company