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 Notre Dame à Thuin from Thuin, company number BE0410766987, closed financial year 2025 with a result of € -34,144 after tax. For that financial year Institut Notre Dame à Thuin recorded a gross margin of € 5.4 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € -40,819 to € -34,144. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 2.7 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -34,144
▲ 16 % less loss than in 2024
Profit after tax over the fiscal year.
€ 482,270
▲ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
6.2
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.2 million
▲ 6% vs 2024
€ 836,200 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.
€ 112,758
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 860,210
▲ 35% vs 2024
€ 85,050 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 113,956
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,611
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,843,522 | € 5,161,035 | € 5,016,119 | € 5,385,362 | ▲ 7% |
| Profit after taxes | € 148,706 | € 44,944 | € -40,819 | € -34,144 | ▲ € 6,675 |
| Equity | € 2,760,612 | € 2,791,717 | € 2,750,958 | € 2,701,402 | ▼ 2% |
| Total debts | € 611,251 | € 832,858 | € 854,337 | € 1,199,846 | ▲ 40% |
| Cash | € 395,086 | € 360,562 | € 406,272 | € 482,270 | ▲ 19% |
| Retained profit | € 2,461,897 | € 2,506,841 | € 2,466,022 | € 2,431,878 | ▼ 1% |
| Bank debt | € 391,969 | € 711,834 | € 637,324 | € 860,210 | ▲ 35% |
| Balance sheet total | € 3,402,368 | € 3,655,080 | € 3,635,800 | € 3,931,753 | ▲ 8% |
| Employees (FTE) | 6 | 6.2 | 6.6 | 6.2 | ▼ 0.4 |
Key figures of Institut Notre Dame à Thuin, 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 Notre Dame à Thuin?
What happened at Institut Notre Dame à Thuin in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Willy ALIN stepped down as director. NBB
- Marc NAVEAU stepped down as director. NBB
- Jean-Pierre DALOZE stepped down as director. NBB
- Eric DARTEVELLE stepped down as director. NBB
- Joel MULATIN stepped down as director. NBB
- Thierry BAUDRY stepped down as director. NBB
- Etienne BOLAND stepped down as director. NBB
- Andre TESAIN stepped down as director. NBB
In short
From € 148,706 profit in 2022 to € 34,144 loss in 2025.
Best year ever: 2022, with € 148,706 profit.
On average € 868,600 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Willy ALIN
Director
since 2007 · until 2029
Marc NAVEAU
Director
since 2013 · until 2029
Jean-Pierre DALOZE
Director
since 2019 · until 2029
Eric DARTEVELLE
Director
since 2021 · until 2029
Joel MULATIN
Trésorier
since 2007 · until 2029
Thierry BAUDRY
Chairman of the board
since 2022 · until 2029
Etienne BOLAND
Secrétaire
since 2020 · until 2029
since 2007 · until 2029
Establishments
Establishment units
Physical locations of this company
Grand'Rue(THN) 68
6530 Thuin
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0410.766.987
- VAT number
- BE 0410.766.987
- Registered office
- Grand'Rue(THN) 68, 6530 Thuin
- Names & denominations
- Institut Notre Dame à Thuin
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 1 January 1955
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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Vrij gesubsidieerd algemeen voortgezet onderwijs