Financials
Financial year 2025
Institut Marie-Thérèse asbl from Liège, company number BE0402408656, closed financial year 2025 with a result of € 452,690 after tax. For that financial year Institut Marie-Thérèse asbl recorded revenue of € 371,799 and equity of € 7.3 million. Compared with financial year 2024, the result moved from € 422,710 to € 452,690. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
€ 7.3 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 452,690
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 141,780
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
8
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 13 million
▲ 2% vs 2024
€ 1.6 million 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.
€ 227,257
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.2 million
▼ 3% vs 2024
€ 233,931 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 247,909
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 87 days on average.
€ 17,152
▼ 34% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 220,656 | € 364,414 | € 388,994 | € 371,799 | ▼ 4% |
| Profit after taxes | € 462,816 | € 596,596 | € 422,710 | € 452,690 | ▲ 7% |
| Equity | € 5,217,153 | € 5,896,410 | € 6,938,096 | € 7,336,649 | ▲ 6% |
| Total debts | € 2,122,641 | € 2,614,282 | € 2,650,056 | € 2,538,469 | ▼ 4% |
| Cash | € 1,869,263 | € 1,688,061 | € 999,565 | € 141,780 | ▼ 86% |
| Land & buildings | € 3,531,829 | € 3,844,395 | € 4,444,064 | € 4,219,565 | ▼ 5% |
| Retained profit | € 4,556,009 | € 5,152,607 | € 5,575,317 | € 6,028,008 | ▲ 8% |
| Bank debt | € 1,818,379 | € 2,272,195 | € 2,300,466 | € 2,234,983 | ▼ 3% |
| Balance sheet total | € 7,339,794 | € 8,510,692 | € 9,588,152 | € 9,875,118 | ▲ 3% |
| Employees (FTE) | 7.8 | 7.6 | 7.7 | 8 | ▲ 0.3 |
Key figures of Institut Marie-Thérèse asbl, 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 Institut Marie-Thérèse asbl?
What happened at Institut Marie-Thérèse asbl in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Josiane LHOEST stepped down as director. NBB
- Marie-Françoise DENGIS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 452,690 (▲ 7% vs 2024). Source: NBB ↗
- Josiane LHOEST became a director. NBB
- Marie-Françoise DENGIS became a director. NBB
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 462,816 profit in 2022 to € 452,690 profit in 2025.
Best year ever: 2023, with € 596,596 profit.
Pays suppliers within 87 days on average.
Management
Behind Institut Marie-Thérèse asbl are Alain VIRLEE, Véronique RIFFON, Michel VANSTALLE, Joseph LEMPEREUR, Jeannine WILKIN and Myriam LEROY. Alain VIRLEE is also behind Institut Saint-Luc de Tournai and ECOLE SUPERIEURE DES ARTS SAINT-LUC DE TOURNAI.
Directors
According to the 2025 annual accounts
Alain VIRLEE
Chairman of the board
Also active at: Institut Saint-Luc de Tournai, ECOLE SUPERIEURE DES ARTS SAINT-LUC DE TOURNAI
Véronique RIFFON
Director
Michel VANSTALLE
Director
Joseph LEMPEREUR
Director
Jeannine WILKIN
Director
Myriam LEROY
Director
Josiane LHOEST
Director
since 2025 · until 2028
Marie-Françoise DENGIS
Director
since 2025 · until 2028
Establishments
Establishment units
Physical locations of this company
Rue Delfosse 25
4000 Liège
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.408.656
- VAT number
- BE 0402.408.656
- Registered office
- Rue Delfosse 25, 4000 Liège
- Names & denominations
- Institut Marie-Thérèse asbl · IMT
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 15 December 1955
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
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