Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
Centre hospitalier universitaire de Tivoli - Institut médical des Mutualités socialistes from La Louvière, company number BE0401793202, closed financial year 2025 with a result of € 4.9 million after tax. For that financial year Centre hospitalier universitaire de Tivoli - Institut médical des Mutualités socialistes recorded revenue of € 252.9 million and equity of € 43.1 million. Compared with financial year 2024, the result moved from € 4.6 million to € 4.9 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 43.1 million
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.9 million
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
1,588
▲ 31 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 114 million
▲ 4% vs 2024
€ 71,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 24.2 million
▲ 25% vs 2024
Of which on lease € 13.6 million.
Debts at end 2025
€ 184.6 million
▲ 6% vs 2024
€ 17.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 35.9 million
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 96 days on average.
€ 18.7 million
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 206,645,348 | € 227,803,369 | € 243,356,645 | € 252,947,458 | ▲ 4% |
| Profit after taxes | € 5,117,377 | € 4,668,422 | € 4,612,157 | € 4,949,133 | ▲ 7% |
| Equity | € 24,255,287 | € 28,305,811 | € 32,886,828 | € 43,135,426 | ▲ 31% |
| Total debts | € 177,236,654 | € 209,801,567 | € 234,155,065 | € 243,378,422 | ▲ 4% |
| Cash | € 1,109,108 | € 6,560,573 | € 862,030 | € 1,195,080 | ▲ 39% |
| Land & buildings | € 62,126,966 | € 59,145,337 | € 58,999,039 | € 156,029,425 | ▲ 164% |
| Retained profit | € 12,873,260 | € 17,566,548 | € 22,203,571 | € 27,539,802 | ▲ 24% |
| Bank debt | € 122,355,561 | € 149,007,042 | € 174,455,619 | € 184,581,328 | ▲ 6% |
| Balance sheet total | € 203,412,087 | € 240,065,009 | € 268,963,087 | € 287,173,005 | ▲ 7% |
| Employees (FTE) | 1,452 | 1,502 | 1,557 | 1,588 | ▲ 31 |
Key figures of Centre hospitalier universitaire de Tivoli - Institut médical des Mutualités socialistes, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Centre hospitalier universitaire de Tivoli - Institut médical des Mutualités socialistes?
What happened at Centre hospitalier universitaire de Tivoli - Institut médical des Mutualités socialistes in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4.9 million (▲ 7% vs 2024). Source: NBB ↗
- Benoit Collin became a director. NBB
- Valery Goblet became a director. NBB
- Vincenzo D'Orio became a director. NBB
- Frederic Hennaut became a director. NBB
- Aurore Andre became a director. NBB
- Philippe Dubois became a director. NBB
- Didier Donfut stepped down as director. NBB
In short
From € 5.1 million profit in 2022 to € 4.9 million profit in 2025.
Best year ever: 2022, with € 5.1 million profit.
Pays suppliers within 96 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Centre hospitalier universitaire de Tivoli - Institut médical des Mutualités socialistes are Benoit Collin, Valery Goblet, Vincenzo D'Orio, Martine Motte, Mehdi Mezhoud and Jean-Michel Hougardy. It owns 100% of MAX BUSET INVEST itself.
Directors
According to the 2025 annual accounts
Benoit Collin
Director
since 2026
Valery Goblet
Director
since 2026
Vincenzo D'Orio
Director
since 2026
Martine Motte
Director
since 2022
Mehdi Mezhoud
Director
since 2025
Jean-Michel Hougardy
Director
since 2023
since 2022
Yves Smeets
Director, Chairman of the board
Also active at: MAX BUSET INVEST, Centres spécialisés du hainaut
since 2022
since 2026
Gaetane D'Hoeraene
Director
Also active at: Repos, Joie, Santé et Solidarité, Réseau Solidaris Centre, Charleroi et Soignies, Esenca asbl, LIAGES ASBL, Soralia Charleroi, SORALIA CENTRE ET SOIGNIES, COGAI, Latitude Jeunes du Centre, Charleroi et Soignies +3 more
since 2022
Turgay Tuna
Director
since 2025
Philippe Lejeune
Director
Also active at: CENTRE DE PLANNING FAMILIAL SORALIA CENTRE, CHARLEROI ET SOIGNIES, IMMO LEJEUNE, Centrale de Services à Domicile du Bassin de Charleroi, Philippe LEJEUNE, Centre de Référence et d'intervention Harcèlement
since 2022
Olga Zrihen
Director
Also active at: Groupe socialiste d'Action et de Réflexion sur l'Audio - Visuel, Keramis - Centre de la Céramique de la Communauté française asbl
since 2022
Aurore Andre
Director
since 2026
since 2022
Stephane Renard
Director
Also active at: CENTRE DE PLANNING FAMILIAL SORALIA CENTRE, CHARLEROI ET SOIGNIES, Fédération des Centres de Services à Domicile
since 2022
Xavier Dupont
Director
Also active at: Repos, Joie, Santé et Solidarité, Réseau Solidaris Centre, Charleroi et Soignies
since 2022
Pietro Scillia
Managing director
Also active at: Le Centre Universitaire inter Régional d' Expertise en anatomie Pathologique Hospitalière, SCILLIA MEDICAL IMAGING, Centres spécialisés du hainaut
since 2024
since 2026
Isabelle Salmon
Director
since 2022
Jean-Marc Laasman
Director
since 2022
Didier Donfut
Director
Also active at: Centre d'Action Laique, S.B.M.I., SOCOFE, INTERNATIONAL DEVELOPPEMENT EN ENERGIE ET ENVIRONNEMENT
since 2022 · until 2026
Catherine Lucet
Director
since 2022 · until 2025
Dominique Van de Sype
Director
Also active at: Repos, Joie, Santé et Solidarité, CENTRE D'EDUCATION SPECIALISE HANDICAP, Centre André Focant, ANDOXA, SOLSTHIS, SHAMERIM, BETHESDA
since 2022 · until 2025
Pierre Wauthy
Director
since 2023 · until 2025
Establishments
Establishment units
Physical locations of this company
Avenue Max Buset(L.L) 34
7100 La Louvière
Avenue Max Buset(L.L) 32-34
7100 La Louvière
Active since 2 June 2006
Grand Place(BIN) 17
7130 Binche
Active since 2 June 2006
Rue du 8 Mai 13
7160 Chapelle-lez-Herlaimont
Active since 24 January 2025
Chaussée Paul Houtart(H-G) 157
7110 La Louvière
Active since 24 January 2025
Chaussée de Mons 50
7170 Manage
Active since 24 January 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Union professionnelle des Médecins de Tivoli et Autres Universités
AMICALE CULTURELLE ET SOCIALE DU PERSONNEL DU CENTRE HOSPITALIER UNIVERSITAIRE DE TIVOLI
TIVOLIX
€ 212,957 gross margin · 2025
MAX BUSET INVEST same network
€ 18,200 revenue · 2025
Les Louves-Tôt
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.793.202
- VAT number
- BE 0401.793.202
- Registered office
- Avenue Max Buset(L.L) 34, 7100 La Louvière
- Names & denominations
- Centre hospitalier universitaire de Tivoli - Institut médical des Mutualités socialistes · C.H.U. TIVOLI
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 13 December 1935
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Ziekenhuizen
Activiteiten van algemene ziekenhuizen, muv geriatrische en gespecialiseerde ziekenhuizen
Catering van evenementen
Uitzendkoks en verzorgen van feesten en recepties