Financials
Financial year 2025
Revenue
€ 117,745
Profit
Caution€ -1.1 million
▼ 448% vs 2024
Debts
Low€ 4.1 million
▲ 1604% vs 2024
Fondation Reine Paola from Elsene, company number BE0418089301, closed financial year 2025 with a result of € -1.1 million after tax. For that financial year Fondation Reine Paola recorded revenue of € 117,745 and equity of € 11.4 million. Compared with financial year 2024, the result moved from € 319,839 to € -1.1 million. The company made a loss. 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 22, 2026.
What happened at Fondation Reine Paola?
What happened at Fondation Reine Paola in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.1 million (▼ 448% vs 2024). Source: NBB ↗
- Karsten De Clerck became a director. NBB
- New establishment in Brugge. KBO
- Christiaan Hoorne became a director. NBB
- Philippe Deschamps became a director. NBB
- Jean-Luc Cottyn became a director. NBB
- Etienne Denoel stepped down as director. NBB
- Stanislas Peel stepped down as director. NBB
In short
From € 19,966 profit in 2021 to € 1.1 million loss in 2025.
Paid € 2,483 in corporate taxes since 2021.
Best year ever: 2024, with € 319,839 profit.
On average € 312,400 of value added per employee in 2025.
A new publication or filing at Fondation Reine Paola? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
Behind Fondation Reine Paola are Christiaan Hoorne, Michel Flohimont, Philippe Deschamps, Jean-Luc Cottyn, Thierry Le Grelle and Vincent Houssiau. The same people are also behind A & C INVEST, TABORASA, Pelicano, FEDERATION BELGE DU COMMERCE ET DES SERVICES and PetSerCo.
Directors
According to the 2025 annual accounts
since 2025
Michel Flohimont
Director
since 2019
Philippe Deschamps
Director
since 2025
Jean-Luc Cottyn
Director
since 2025
Thierry Le Grelle
Director
Also active at: FEDERATION BELGE DU COMMERCE ET DES SERVICES, PetSerCo, ANISTORES
since 2022
Vincent Houssiau
Director
since 2022
Karsten De Clerck
Director
Also active at: Les Instituts Internationaux de Physique et de Chimie Fondes Par Ernestsolvay, AVENUE DES COURSES 9, EGON ZEHNDER ASSOCIATES (INTERNATIONAL) +1 more
since 2025
Etienne Denoel
Director
since 2022 · until 2025
Stanislas Peel
Director
since 2024 · until 2025
Piet Van Speybroeck
Director
since 2013 · until 2025
since 2019 · until 2025
since 2024 · until 2025
since 2024 · until 2025
since 2013 · until 2025
Heidi De Pauw
Director
Also active at: De Vlaamse Radio- en Televisieomroeporganisatie, FONDATION POUR ENFANTS DISPARUS ET SEXUELEMENT EXPLOITES - STICHTING VOOR VERMISTE EN SEKSUEEL UITGEBUITE KINDEREN
since 2019 · until 2025
since 2018 · until 2025
since 2022 · until 2025
Establishments
Establishment units
Physical locations of this company
Louizalaan 367
1050 Elsene
Baron Ruzettelaan 3 box 3/2
8310 Brugge
Active since 31 March 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
- 0418.089.301
- VAT number
- BE 0418.089.301
- Registered office
- Louizalaan 367, 1050 Elsene
- Names & denominations
- Fondation Reine Paola · Stichting Koningin Paola
- Enterprise type
- Rechtspersoon
- Legal form
- Public-interest foundation
- Legal situation
- Normale toestand
- Start date
- 25 January 1978
- Peppol
- Active · Active since 30 Apr 2025
- Activities · NACE
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