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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Institut d'Enseignement des Arts, Techniques, Sciences et Artisanats - A.S.B.L from Namur, company number BE0407214413, closed financial year 2025 with a result of € -344,303 after tax. For that financial year Institut d'Enseignement des Arts, Techniques, Sciences et Artisanats - A.S.B.L recorded revenue of € 162,293 and equity of € 3.2 million. Compared with financial year 2024, the result moved from € -495,081 to € -344,303. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 12, 2026.
€ 3.2 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -344,303
▲ 30 % less loss than in 2024
Profit after tax over the fiscal year.
€ 939,802
▼ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
17
▲ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 14.1 million
▲ 2% vs 2024
€ 830,800 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.
€ 435,935
▲ 97% vs 2024
Of which on lease € 295,015.
Debts at end 2025
€ 8.4 million
▲ 4% vs 2024
€ 354,157 is repaid this year. At this pace the long-term loan is gone in ≈ 24 years.
€ 143,884
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 28 days on average.
€ 41,132
▼ 15% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 79,807 | € 99,851 | € 96,732 | € 162,293 | ▲ 68% |
| Profit after taxes | € 218,484 | € 290,170 | € -495,081 | € -344,303 | ▲ € 150,778 |
| Equity | € 3,387,256 | € 3,664,451 | € 3,156,395 | € 3,237,540 | ▲ 3% |
| Total debts | € 2,418,771 | € 5,759,854 | € 8,639,119 | € 9,001,385 | ▲ 4% |
| Cash | € 1,474,293 | € 1,972,162 | € 1,015,435 | € 939,802 | ▼ 7% |
| Land & buildings | € 2,347,287 | € 2,309,194 | € 2,324,940 | € 2,424,322 | ▲ 4% |
| Retained profit | € 3,136,894 | € 3,427,064 | € 2,931,983 | € 2,881,354 | ▼ 2% |
| Bank debt | € 1,130,705 | € 4,679,315 | € 8,065,366 | € 8,414,071 | ▲ 4% |
| Balance sheet total | € 5,806,028 | € 9,424,305 | € 11,795,514 | € 12,238,925 | ▲ 4% |
| Employees (FTE) | 14.5 | 15.4 | 15.3 | 17 | ▲ 1.7 |
Key figures of Institut d'Enseignement des Arts, Techniques, Sciences et Artisanats - A.S.B.L, 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 d'Enseignement des Arts, Techniques, Sciences et Artisanats - A.S.B.L?
What happened at Institut d'Enseignement des Arts, Techniques, Sciences et Artisanats - A.S.B.L in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Anne CHARUE stepped down as director. NBB
- Jean-Marc GENGLER stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 344,303. Source: NBB ↗
- Michel DAOUST stepped down as director. NBB
- Robert MINE stepped down as director. NBB
- Anne CHARUE became a director. NBB
- Vincent BURON stepped down as director. NBB
- François BERSEZ stepped down as director. NBB
In short
From € 218,484 profit in 2022 to € 344,303 loss in 2025.
Paid € 4 in corporate taxes since 2022.
Best year ever: 2023, with € 290,170 profit.
Pays suppliers within 28 days on average.
Management
Behind Institut d'Enseignement des Arts, Techniques, Sciences et Artisanats - A.S.B.L are Marc ASSELBOURG, Dominique MAHY, Daniel PIGNEUR, Baudouin BRUGGEMAN, Michel GILBERT and Joseph PIRSON. Baudouin BRUGGEMAN is also behind AGENCE LOCALE POUR L'EMPLOI DE LA VILLE DE NAMUR.
Directors
According to the 2025 annual accounts
Marc ASSELBOURG
Director
since 2021
Dominique MAHY
Vice-chairman of the board
since 2021
Daniel PIGNEUR
Director
since 2021
Baudouin BRUGGEMAN
Managing director
Also active at: AGENCE LOCALE POUR L'EMPLOI DE LA VILLE DE NAMUR
since 2021
Michel GILBERT
Director
since 2021
Joseph PIRSON
Director
since 2021
Robert DELISEE
Director
since 2021
Baudouin SOHIER
Director
since 2021
Jean-Marie DESSAMBRE
Chairman of the board
since 2021
Michel DAOUST
Director
since 2021 · until 2025
since 2025 · until 2029
Robert MINE
Director
since 2021 · until 2025
Anne CHARUE
Director
since 2025 · until 2029
Vincent BURON
Director
since 2021 · until 2025
François BERSEZ
Director
Also active at: Secrétariat Social des Classes Moyennes, Caisse wallonne d'assurances sociales des classes moyennes - Caisse d'assurances sociales de l'Union des classes moyennes, CENTRE DE GESTION SOCIALE, NAMUR INVEST, NAMUR INVEST PREFACE, UCM LIAISON, NAMUR INVEST INNOVATION ET CROISSANCE, NAMUR INVEST CAPITAL RISQUE +1 more
since 2021 · until 2025
Establishments
Establishment units
Physical locations of this company
Rue de la Montagne 43 box A
5000 Namur
Rue de la Montagne 43A
5000 Namur
Active since 1 January 2007
Rue de Gembloux(SS) 59
5002 Namur
Active since 1 January 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0407.214.413
- VAT number
- BE 0407.214.413
- Registered office
- Rue de la Montagne 43 bus A, 5000 Namur
- Names & denominations
- Institut d'Enseignement des Arts, Techniques, Sciences et Artisanats - A.S.B.L · I.A.T.A.
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 10 September 1960
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Cultureel onderwijs
Kunstonderwijs dat niet naar niveau kan worden ingedeeld