What does INITIATIVES do?

INITIATIVES is filed with the CBE under the catch-all “Andere vormen van maatschappelijke dienstverlening zonder huisvesting”, a code that says little about what the company actually does. Non-profit, started on 2 April 1984, 1 establishment.

What is the address of INITIATIVES?

The registered office of INITIATIVES is located at Libramont,Avenue de Houffalize 55, 6800 Libramont-Chevigny.

Is INITIATIVES still active?

Yes. According to the CBE (30 October 2026) INITIATIVES is active, legal situation “Normale toestand”, started on 2 April 1984.

Is INITIATIVES registered on Peppol?

Yes, INITIATIVES is registered on the Peppol network with ID 0208:0431725521.

What is the enterprise number of INITIATIVES?

The enterprise number of INITIATIVES is BE0431725521.

When was INITIATIVES founded?

INITIATIVES was founded on 2 April 1984.

Who are the directors of INITIATIVES?

According to the 2025 annual accounts, the directors of INITIATIVES are: Caroline LEROY, Sylvie GRAFF, Michel LEFEBVRE, Elodie PONCELET.

Is INITIATIVES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 April 1984; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did INITIATIVES make in 2025?

INITIATIVES posted a profit after taxes of € 6,337 in financial year 2025.

What is the revenue of INITIATIVES?

As a small company, INITIATIVES is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 676,414.

How much does an employee at INITIATIVES earn?

The average wage cost per full-time employee at INITIATIVES was € 85,500 in 2025: staff costs of € 649,938 for 7.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does INITIATIVES have?

According to the 2025 annual accounts, INITIATIVES has 7.6 full-time equivalents (FTE).

INITIATIVES (Non-profit) - Libramont-Chevigny

Dossier INITIATIVES, printed on 30 October 2026 from databakkes.be/en/0431725521/initiatives. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

INITIATIVES from Libramont-Chevigny, company number BE0431725521, closed financial year 2025 with a result of € 6,337 after tax. For that financial year INITIATIVES recorded a gross margin of € 676,414 and equity of € 241,737. Compared with financial year 2024, the result moved from € 975 to € 6,337. Profitable, and profit is growing. 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 11, 2026.

What it is worth Growing

€ 241,737

▲ 5% vs 2024

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

Profit Growing

€ 6,337

▲ € 5,361 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 271,186

▲ € 211,301 vs 2024

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

People and assets in 2025

Full-time equivalents

7.6

▼ 0.2 vs 2024

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

Wage cost

€ 649,938

▼ 5% vs 2024

€ 85,500 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.

Vehicles and equipment

€ 15,009

▲ € 14,591 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 13 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 92,126

▼ 10% vs 2024

€ 7,332 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.

Taxes and wages

€ 94,350

▲ 24% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 681,325 Gross margin 2022: € 681,325 First fiscal year in the series	€ 703,634 Gross margin 2023: € 703,634 ▲ 3% vs 2022 (€ 681,325) Favourable step	€ 703,195 Gross margin 2024: € 703,195 Unchanged (€ 703,634) Unfavourable step	€ 676,414 Gross margin 2025: € 676,414 ▼ 4% vs 2024 (€ 703,195) Unfavourable step	▼ 4%
Profit after taxes	€ 3,107 Profit after taxes 2022: € 3,107 First fiscal year in the series	€ 0 Profit after taxes 2023: € 0 ▼ 100% vs 2022 (€ 3,107) Unfavourable step	€ 975 Profit after taxes 2024: € 975 Unchanged (€ 0) Favourable step	€ 6,337 Profit after taxes 2025: € 6,337 ▲ € 5,361 vs 2024 (€ 975) Favourable step	▲ € 5,361
Equity	€ 228,825 Equity 2022: € 228,825 First fiscal year in the series	€ 228,825 Equity 2023: € 228,825 Unchanged (€ 228,825) Unchanged	€ 229,800 Equity 2024: € 229,800 Unchanged (€ 228,825) Favourable step	€ 241,737 Equity 2025: € 241,737 ▲ 5% vs 2024 (€ 229,800) Favourable step	▲ 5%
Total debts	€ 363,210 Total debts 2022: € 363,210 First fiscal year in the series	€ 345,167 Total debts 2023: € 345,167 ▼ 5% vs 2022 (€ 363,210) Favourable step	€ 385,189 Total debts 2024: € 385,189 ▲ 12% vs 2023 (€ 345,167) Unfavourable step	€ 442,267 Total debts 2025: € 442,267 ▲ 15% vs 2024 (€ 385,189) Unfavourable step	▲ 15%
Cash	€ 223,041 Cash 2022: € 223,041 First fiscal year in the series	€ 217,841 Cash 2023: € 217,841 ▼ 2% vs 2022 (€ 223,041) Unfavourable step	€ 59,885 Cash 2024: € 59,885 ▼ 73% vs 2023 (€ 217,841) Unfavourable step	€ 271,186 Cash 2025: € 271,186 ▲ € 211,301 vs 2024 (€ 59,885) Favourable step	▲ € 211,301
Land & buildings	€ 183,720 Land & buildings 2022: € 183,720 First fiscal year in the series	€ 177,007 Land & buildings 2023: € 177,007 ▼ 4% vs 2022 (€ 183,720) Unchanged	€ 170,294 Land & buildings 2024: € 170,294 ▼ 4% vs 2023 (€ 177,007) Unchanged	€ 163,574 Land & buildings 2025: € 163,574 ▼ 4% vs 2024 (€ 170,294) Unchanged	▼ 4%
Retained profit	€ 228,825 Retained profit 2022: € 228,825 First fiscal year in the series	€ 228,825 Retained profit 2023: € 228,825 Unchanged (€ 228,825) Unchanged	€ 229,800 Retained profit 2024: € 229,800 Unchanged (€ 228,825) Favourable step	€ 236,137 Retained profit 2025: € 236,137 ▲ 3% vs 2024 (€ 229,800) Favourable step	▲ 3%
Bank debt	€ 113,280 Bank debt 2022: € 113,280 First fiscal year in the series	€ 106,366 Bank debt 2023: € 106,366 ▼ 6% vs 2022 (€ 113,280) Favourable step	€ 102,378 Bank debt 2024: € 102,378 ▼ 4% vs 2023 (€ 106,366) Favourable step	€ 92,126 Bank debt 2025: € 92,126 ▼ 10% vs 2024 (€ 102,378) Favourable step	▼ 10%
Balance sheet total	€ 592,035 Balance sheet total 2022: € 592,035 First fiscal year in the series	€ 573,991 Balance sheet total 2023: € 573,991 ▼ 3% vs 2022 (€ 592,035) Unchanged	€ 614,989 Balance sheet total 2024: € 614,989 ▲ 7% vs 2023 (€ 573,991) Unchanged	€ 684,004 Balance sheet total 2025: € 684,004 ▲ 11% vs 2024 (€ 614,989) Unchanged	▲ 11%
Employees (FTE)	9 Employees (FTE) 2022: 9 First fiscal year in the series	7.7 Employees (FTE) 2023: 7.7 ▼ 1.3 vs 2022 (9) Unchanged	7.8 Employees (FTE) 2024: 7.8 ▲ 0.1 vs 2023 (7.7) Unchanged	7.6 Employees (FTE) 2025: 7.6 ▼ 0.2 vs 2024 (7.8) Unchanged	▼ 0.2

Key figures of INITIATIVES, 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 INITIATIVES?

What happened at INITIATIVES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 Elodie PONCELET stepped down as director. NBB
2030 Caroline LEROY stepped down as director. NBB
2030 Sylvie GRAFF stepped down as director. NBB
2027 Michel LEFEBVRE stepped down as director. NBB
Jun 11, 2026 New annual accounts for financial year 2025: profit of € 6,337 (▲ € 5,361 vs 2024). Source: NBB ↗
2025 Caroline LEROY became a director. NBB
2025 Sylvie GRAFF became a director. NBB
2022 Michel LEFEBVRE became a director. NBB

In short

From € 3,107 profit in 2022 to € 6,337 profit in 2025.

Best year ever: 2025, with € 6,337 profit.

On average € 89,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Caroline LEROY

Director

since 2025 · until 2030

Sylvie GRAFF

Director

since 2025 · until 2030

Michel LEFEBVRE

Director

since 2022 · until 2027

Elodie PONCELET

Director

since 2020 · until 2030

Establishments

Establishment units

Physical locations of this company

Registered office

Libramont,Avenue de Houffalize 55

6800 Libramont-Chevigny

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

Details

Company number

0431.725.521

VAT number

BE 0431.725.521

Registered office

Libramont,Avenue de Houffalize 55, 6800 Libramont-Chevigny

Names & denominations

INITIATIVES

Enterprise type

Rechtspersoon

Legal form

Non-profit association

Legal situation

Normale toestand

Start date

2 April 1984

Peppol

Active · Active since 8 Jan 2026

Activities · NACE

Andere vormen van maatschappelijke dienstverlening zonder huisvesting, neg

Overige maatschappelijke dienstverlening zonder huisvesting, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

INITIATIVES

Financials

What happened to INITIATIVES?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions