Active · per the CBE, 18 September 2026

Institut Catholique des Hautes Etudes Commerciales

BE0409842420

Rechtspersoon Non-profit association 1 establishment

Institut Catholique des Hautes Etudes Commerciales is a college in Sint-Pieters-Woluwe. Non-profit, started on 13 August 1955, 1 establishment.

Brand Whitlocklaan 2, 1150 Sint-Pieters-Woluwe

Active for

71 year, 1 month

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Institut Catholique des Hautes Etudes Commerciales from Sint-Pieters-Woluwe, company number BE0409842420, closed financial year 2025 with a result of € 168,135 after tax. For that financial year Institut Catholique des Hautes Etudes Commerciales recorded revenue of € 3.7 million and equity of € 3.6 million. Compared with financial year 2024, the result moved from € 325,870 to € 168,135. 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 December 18, 2025.

What it is worth Growing

€ 3.6 million

▲ 5% vs 2024

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

Profit Healthy

€ 168,135

▼ 48% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 266,982

▲ 27% vs 2024

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

People and assets in 2025

Full-time equivalents

21.2

▼ 1.2 vs 2024

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

Wage cost

€ 1.5 million

▲ 2% vs 2024

€ 70,700 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

€ 71,725

▼ 17% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 11 years to go

€ 3.2 million

▼ 7% vs 2024

€ 178,713 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.

Owed to suppliers

€ 876,159

▼ 3% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 188,781

▼ 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 € 3,521,108 € 3,608,599 € 3,763,503 € 3,721,015 ▼ 1%
Gross margin € 2,353,737 € 2,407,207 € 2,528,092 € 2,358,342 ▼ 7%
Profit after taxes € 402,099 € 233,485 € 325,870 € 168,135 ▼ 48%
Equity € 2,825,550 € 3,059,036 € 3,384,904 € 3,553,039 ▲ 5%
Total debts € 6,377,205 € 6,072,382 € 5,850,684 € 5,320,979 ▼ 9%
Cash € 174,197 € 192,525 € 210,799 € 266,982 ▲ 27%
Land & buildings € 7,816,471 € 7,691,157 € 7,541,789 € 7,174,919 ▼ 5%
Retained profit € 792,824 € 1,026,309 € 1,352,177 € 1,520,312 ▲ 12%
Bank debt € 3,712,973 € 3,696,223 € 3,456,441 € 3,202,713 ▼ 7%
Balance sheet total € 9,202,755 € 9,131,418 € 9,235,588 € 8,874,018 ▼ 4%
Employees (FTE) 20.7 23 22.4 21.2 ▼ 1.2

Key figures of Institut Catholique des Hautes Etudes Commerciales, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to Institut Catholique des Hautes Etudes Commerciales?

What happened at Institut Catholique des Hautes Etudes Commerciales in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • José FERNANDEZ stepped down as director. NBB
  • Michel DEFOURNY stepped down as director. NBB
  • Mathilde FOX stepped down as director. NBB
  • Laetitia PARMENTIER stepped down as director. NBB
  • Marie GARCIA stepped down as director. NBB
  • Olivia SERVE stepped down as director. NBB
  • Georges JANNES stepped down as director. NBB
  • Hubert LATERRE stepped down as director. NBB

In short

From € 402,099 profit in 2022 to € 168,135 profit in 2025.

Best year ever: 2022, with € 402,099 profit.

On average € 111,200 of value added per employee in 2025.

Management

Directors

According to the 2025 annual accounts

Michel DEFOURNY

Director

since 2024 · until 2028

Candice GUILLAUME

Director

Also active at: Haute Ecole ICHEC - ECAM - ISFSC

since 2024 · until 2025

Mathilde FOX

Director

since 2024 · until 2028

Laetitia PARMENTIER

Director

since 2024 · until 2028

Marie GARCIA

Director

since 2024 · until 2028

Olivia SERVE

Director

since 2024 · until 2028

Georges JANNES

Director

since 2024 · until 2028

José FERNANDEZ

Director

Also active at: ELVITAN

since 2024 · until 2028

Hubert LATERRE

Director

since 2024 · until 2028

Victoria THAUVOYE

Director

Also active at: Haute Ecole ICHEC - ECAM - ISFSC

since 2024 · until 2024

Patrick VAN VINCKENROYE

Director

since 2024 · until 2028

Etienne DAVIGNON

Chairman of the board

Also active at: Haute Ecole ICHEC - ECAM - ISFSC, SPA GRAND PRIX

since 2024 · until 2028

David STAQUET

Director

since 2024 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

Brand Whitlocklaan 2

1150 Sint-Pieters-Woluwe

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

Details

Company number
0409.842.420
VAT number
BE 0409.842.420
Registered office
Brand Whitlocklaan 2, 1150 Sint-Pieters-Woluwe
Names & denominations
Institut Catholique des Hautes Etudes Commerciales
Enterprise type
Rechtspersoon
Legal form
Non-profit association
Legal situation
Normale toestand
Start date
13 August 1955
Peppol
Active · Active since 27 Mar 2026
Activities · NACE

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Frequently asked questions

What does Institut Catholique des Hautes Etudes Commerciales do?
Institut Catholique des Hautes Etudes Commerciales is a college in Sint-Pieters-Woluwe. Non-profit, started on 13 August 1955, 1 establishment.
What is the address of Institut Catholique des Hautes Etudes Commerciales?
The registered office of Institut Catholique des Hautes Etudes Commerciales is located at Brand Whitlocklaan 2, 1150 Sint-Pieters-Woluwe.
Is Institut Catholique des Hautes Etudes Commerciales still active?
Yes. According to the CBE (18 September 2026) Institut Catholique des Hautes Etudes Commerciales is active, legal situation “Normale toestand”, started on 13 August 1955.
Is Institut Catholique des Hautes Etudes Commerciales registered on Peppol?
Yes, Institut Catholique des Hautes Etudes Commerciales is registered on the Peppol network with ID 0208:0409842420.
What is the enterprise number of Institut Catholique des Hautes Etudes Commerciales?
The enterprise number of Institut Catholique des Hautes Etudes Commerciales is BE0409842420.
When was Institut Catholique des Hautes Etudes Commerciales founded?
Institut Catholique des Hautes Etudes Commerciales was founded on 13 August 1955.