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 2 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
INTERNAT LIBRE DU COEUR DE LIEGE from Liège, company number BE0431460849, closed financial year 2025 with a result of € -18,041 after tax. For that financial year INTERNAT LIBRE DU COEUR DE LIEGE recorded a gross margin of € 256,773 and equity of € -3,328. Compared with financial year 2024, the result moved from € 10,398 to € -18,041. 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 February 18, 2026.
€ -3,328
▼ € 18,041 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,041
▼ still € 10,398 profit in 2024
Profit after tax over the fiscal year.
€ 58,125
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
3.4
Average over the fiscal year, from the social balance sheet.
€ 175,093
▲ 4% vs 2024
€ 51,500 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.
€ 15,868
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▼ 4% vs 2024
€ 108,702 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 62,541
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,098
▼ 31% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 237,455 | € 256,345 | € 271,383 | € 256,773 | ▼ 5% |
| Profit after taxes | € 1,065 | € 3,902 | € 10,398 | € -18,041 | ▼ € 28,439 |
| Equity | € -1,427 | € 4,314 | € 14,713 | € -3,328 | ▼ € 18,041 |
| Total debts | € 1,835,562 | € 1,745,217 | € 1,680,062 | € 1,609,016 | ▼ 4% |
| Cash | € 144,314 | € 117,125 | € 124,696 | € 58,125 | ▼ 53% |
| Land & buildings | € 1,507,530 | € 1,452,377 | € 1,397,223 | € 1,342,069 | ▼ 4% |
| Retained profit | € -1,427 | € 4,314 | € 14,713 | € -3,328 | ▼ € 18,041 |
| Bank debt | € 1,611,745 | € 1,542,786 | € 1,473,090 | € 1,419,050 | ▼ 4% |
| Balance sheet total | € 1,834,135 | € 1,749,531 | € 1,694,775 | € 1,605,688 | ▼ 5% |
| Employees (FTE) | - | - | - | 3.4 |
Key figures of INTERNAT LIBRE DU COEUR DE LIEGE, 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 March 2027.
What happened to INTERNAT LIBRE DU COEUR DE LIEGE?
What happened at INTERNAT LIBRE DU COEUR DE LIEGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ghislaine CONSTANT stepped down as director. NBB
- Institut Marie Therese stepped down as director. NBB
- Benoit DARDENNE stepped down as director. NBB
- Dominique DRION stepped down as director. NBB
- Comité organisateurs des instituts Saint-Luc de Liege stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 18,041 (▼ € 28,439 vs 2024). Source: NBB ↗
- Groupe Sainte Véronique stepped down as director. NBB
- INSTITUT MARIA GORETTI became a director. NBB
In short
From € 1,065 profit in 2022 to € 18,041 loss in 2025.
Best year ever: 2024, with € 10,398 profit.
On average € 75,500 of value added per employee in 2025.
A new publication or filing at INTERNAT LIBRE DU COEUR DE LIEGE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind INTERNAT LIBRE DU COEUR DE LIEGE is INSTITUT MARIA GORETTI.
Directors
According to the 2025 annual accounts
Director · represented by Marie-Rose ROTOLO
since 2023
Ghislaine CONSTANT
Director
Also active at: Val Notre-Dame Internat, Val Notre-Dame Internat Activités pédagogiques et qualité de vie
since 2021 · until 2027
Director · represented by Bernadette SCEZEL
since 2021 · until 2027
Director · represented by Christian MODAVE
since 2021 · until 2024
since 2021 · until 2027
Dominique DRION
Director
since 2021 · until 2027
Comité organisateurs des instituts Saint-Luc de Liege
Director · represented by Vinciane GILLIARD
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Rue du Vertbois 29
4000 Liège
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.460.849
- VAT number
- BE 0431.460.849
- Registered office
- Rue du Vertbois 29, 4000 Liège
- Names & denominations
- INTERNAT LIBRE DU COEUR DE LIEGE
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 12 December 1985
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
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