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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Les Rièzes et les Sarts from Brussel, company number BE0429081379, closed financial year 2025 with a result of € -368,582 after tax. For that financial year Les Rièzes et les Sarts recorded revenue of € 4 million and equity of € -118,554. Compared with financial year 2024, the result moved from € -231,553 to € -368,582. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ -118,554
▼ € 449,946 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -368,582
▼ 59 % more loss than in 2024
Profit after tax over the fiscal year.
€ 357,744
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
75.9
▲ 7.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.3 million
▲ 4% vs 2024
€ 56,500 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.
€ 73,651
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.8 million
▼ 6% vs 2024
€ 323,768 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 286,441
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 97 days on average.
€ 733,708
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,573,658 | € 4,134,534 | € 4,122,379 | € 3,996,123 | ▼ 3% |
| Profit after taxes | € 13,057 | € 432,066 | € -231,553 | € -368,582 | ▼ € 137,030 |
| Equity | € 293,607 | € 644,309 | € 331,392 | € -118,554 | ▼ € 449,946 |
| Total debts | € 8,403,063 | € 8,265,948 | € 8,047,238 | € 7,715,553 | ▼ 4% |
| Cash | € 876,409 | € 767,662 | € 566,835 | € 357,744 | ▼ 37% |
| Land & buildings | € 6,599,088 | € 7,175,353 | € 6,865,169 | € 7,021,718 | ▲ 2% |
| Retained profit | € -799,962 | € -367,896 | € -599,448 | € -968,031 | ▼ € 368,582 |
| Bank debt | € 5,962,946 | € 5,414,508 | € 5,107,887 | € 4,792,827 | ▼ 6% |
| Balance sheet total | € 9,172,210 | € 9,382,085 | € 8,850,272 | € 8,068,641 | ▼ 9% |
| Employees (FTE) | 62.4 | 66.8 | 68.7 | 75.9 | ▲ 7.2 |
Key figures of Les Rièzes et les Sarts, 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 Les Rièzes et les Sarts?
What happened at Les Rièzes et les Sarts in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 368,582. Source: NBB ↗
- Brigitte Podevyn stepped down as director. NBB
- New establishment in Couvin. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,057 profit in 2022 to € 368,582 loss in 2025.
Best year ever: 2023, with € 432,066 profit.
Pays suppliers within 97 days on average.
Management
Behind Les Rièzes et les Sarts are Mario De Mattei, Mutualité Solidaris Wallonie, Alain Thirion, Isabelle Lacroix, Valérie Delincé and Ghislain Weets. Mario De Mattei is also behind L'OUVROIR, Solidarité Etudiants du Monde, Les Jours paisibles, Centrale de Services à Domicile de Mons-Wallonie picarde and Institut Notre-Dame. Mutualité Solidaris Wallonie is also behind CENTRE HOSPITALIER REGIONAL DE VERVIERS, Centre local de promotion de la santé de l'arrondissement de Verviers, CENTRE LIEGEOIS DE PROMOTION DE LA SANTE and CENTRE LOCAL DE PROMOTION DE LA SANTE DE HUY-WAREMME. Alain Thirion is also behind MAISON DE LA SOLIDARITE, LATITUDE JEUNES, Soralia, Matrimoniale Soralia and Action francophone pour la Santé et la Solidarité. Isabelle Lacroix is also behind Fédération des Centres de Services à Domicile.
Directors
According to the 2025 annual accounts
Mario De Mattei
Director
Also active at: L'OUVROIR, Solidarité Etudiants du Monde, Les Jours paisibles, Centrale de Services à Domicile de Mons-Wallonie picarde, Institut Notre-Dame
Director · represented by Sébastien Choquet , Gaétane D'Horaene, Pierre Annet
Also active at: CENTRE HOSPITALIER REGIONAL DE VERVIERS, Centre local de promotion de la santé de l'arrondissement de Verviers, CENTRE LIEGEOIS DE PROMOTION DE LA SANTE, CENTRE LOCAL DE PROMOTION DE LA SANTE DE HUY-WAREMME
Alain Thirion
Andere functie
Also active at: MAISON DE LA SOLIDARITE, LATITUDE JEUNES, Soralia, Matrimoniale Soralia, Action francophone pour la Santé et la Solidarité, DRIVE MUT, AUTONOMIS-RESEAU SOLIDARIS, ACTION FRANCOPHONE POUR LA FORMATION
Valérie Delincé
Director
· until 2025
Establishments
Establishment units
Physical locations of this company
Sint-Jansstraat 32-38
1000 Brussel
Chaussée de l'Europe,C.-des-S. 124
5660 Couvin
Active since 6 February 1984
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →Solidaris - nationaal verbond van socialistische mutualiteiten
De Mutualiteit der Jonge Arbeiders - La Mutualité des Jeunes Travailleurs
ZIJkant, de progressieve vrouwenbeweging
€ 7,869 revenue · 2025
LATITUDE JEUNES same network
€ 4,436 revenue · 2025
Esenca asbl
€ 25,273 revenue · 2025
+16 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.081.379
- VAT number
- BE 0429.081.379
- Registered office
- Sint-Jansstraat 32-38, 1000 Brussel
- Names & denominations
- Les Rièzes et les Sarts
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 6 February 1984
- Peppol
- Active · Active since 2 Sept 2023
- Activities · NACE
Rust- en verzorgingstehuizen (RVT)
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Overige maatschappelijke dienstverlening zonder huisvesting, n.e.g.