Active · per the CBE, 16 September 2026

VAL DU GEER

BE0407841646

Rechtspersoon Non-profit association 4 establishments

VAL DU GEER is a secondary school in Bassenge. Non-profit, started on 18 October 1964, 4 establishments.

Rue de la Cerisaie 8, 4690 Bassenge

Active for

61 year, 10 months

Financials

Financial year 2025

VAL DU GEER from Bassenge, company number BE0407841646, closed financial year 2025 with a result of € 66,091 after tax. For that financial year VAL DU GEER recorded revenue of € 10.8 million and equity of € 9.5 million. Compared with financial year 2024, the result moved from € 84,628 to € 66,091. The company is profitable. 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 5, 2026.

What it is worth Growing

€ 9.5 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 66,091

▼ 22% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2 million

▼ 19% vs 2024

Cash and bank balances on the last day of the fiscal year.

People and assets in 2025

Full-time equivalents

241.4

▲ 0.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 9.6 million

▲ 6% vs 2024

€ 39,700 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.

Vehicles and equipment

€ 528,540

▲ 32% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 1.8 million

▼ 16% vs 2024

€ 556,585 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 998,882

▼ 24% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 61 days on average.

Taxes and wages

€ 1.4 million

▲ 3% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 11,331,840 € 11,477,794 € 10,822,629 € 10,750,401 ▼ 1%
Profit after taxes € 273,996 € -481,492 € 84,628 € 66,091 ▼ 22%
Equity € 9,940,755 € 9,397,331 € 9,437,263 € 9,460,222
Total debts € 6,961,327 € 6,521,983 € 6,982,399 € 6,359,768 ▼ 9%
Cash € 2,067,789 € 1,179,194 € 2,455,843 € 1,980,347 ▼ 19%
Land & buildings € 6,265,493 € 6,007,205 € 6,187,879 € 6,159,953
Retained profit € 2,649,891 € 2,649,891 € 2,649,891 € 2,649,891
Bank debt € 2,885,543 € 2,415,940 € 2,186,521 € 1,838,212 ▼ 16%
Balance sheet total € 16,998,246 € 15,934,314 € 16,419,662 € 15,819,990 ▼ 4%
Employees (FTE) 251.9 254.6 240.7 241.4 ▲ 0.7

Key figures of VAL DU GEER, 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 VAL DU GEER?

What happened at VAL DU GEER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Thérèse Van Laethem - Morant stepped down as director. NBB
  • Bernard Duvilier stepped down as director. NBB
  • Pierre Grégoire stepped down as director. NBB
  • Aïcha Boutara stepped down as director. NBB
  • Jeanine Wilmet stepped down as director. NBB
  • Muriel Merchiers stepped down as director. NBB
  • Paul Merchiers stepped down as director. NBB
  • Henry Houben stepped down as director. NBB

In short

From € 273,996 profit in 2022 to € 66,091 profit in 2025.

Paid € 16,284 in corporate taxes since 2022.

Best year ever: 2022, with € 273,996 profit.

Pays suppliers within 61 days on average.

Management

VAL DU GEER
PROPAC SC 33.3%

It owns 33.3% of PROPAC SC itself.

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Directors

According to the 2025 annual accounts

Aïcha Boutara

Director

since 2023 · until 2029

Jean-Marc Ange

Director

since 2020 · until 2026

Paul Merchiers

Director

since 2022 · until 2028

Thérèse Van Laethem - Morant

Director

since 2025 · until 2031

Emile Lepot

Director

Also active at: LPS, Agence locale pour l'Emploi de Bassenge, MAGIMMO

since 2021 · until 2027

Henry Houben

Director

since 2022 · until 2028

Jeanine Wilmet

Director

since 2023 · until 2029

Muriel Merchiers

Director

since 2022 · until 2028

Pierre Grégoire

Director

Also active at: LA CERISAIE

since 2024 · until 2030

Bernard Duvilier

Director

since 2025 · until 2031

Gilles Guinotte

Director

since 2020 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de la Cerisaie 8

4690 Bassenge

2.143.367.230

Rue des Français 62

4430 Ans

Active since 18 October 1964

2.152.889.165

Rue de la Grotte 8

4690 Bassenge

Active since 13 April 2006

2.206.893.718

Rue Aux Crameux 20

4690 Bassenge

Active since 1 February 2010

2.280.386.163

Rue Haute Claire 1

4041 Herstal

Active since 1 October 2018

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0407.841.646
VAT number
BE 0407.841.646
Registered office
Rue de la Cerisaie 8, 4690 Bassenge
Names & denominations
VAL DU GEER
Enterprise type
Rechtspersoon
Legal form
Non-profit association
Legal situation
Normale toestand
Start date
18 October 1964
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Beschutte werkplaatsen

Beschutte en sociale werkplaatsen

Vervaardiging van houten emballage

Vervaardiging van ijzer en staal en van ferrolegeringen

Vervaardiging van bovenkleding

Vervaardiging van maatkleding

Vervaardiging van andere bovenkleding

Frequently asked questions

What does VAL DU GEER do?
VAL DU GEER is a secondary school in Bassenge. Non-profit, started on 18 October 1964, 4 establishments.
What is the address of VAL DU GEER?
The registered office of VAL DU GEER is located at Rue de la Cerisaie 8, 4690 Bassenge.
Is VAL DU GEER still active?
Yes. According to the CBE (16 September 2026) VAL DU GEER is active, legal situation “Normale toestand”, started on 18 October 1964.
Is VAL DU GEER registered on Peppol?
Yes, VAL DU GEER is registered on the Peppol network with ID 0208:0407841646.
What is the enterprise number of VAL DU GEER?
The enterprise number of VAL DU GEER is BE0407841646.
When was VAL DU GEER founded?
VAL DU GEER was founded on 18 October 1964.