Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Institut Albatros from Couvin, company number BE0439243318, closed financial year 2025 with a result of € -710,447 after tax. For that financial year Institut Albatros recorded revenue of € 123,117 and equity of € -583,980. Compared with financial year 2024, the result moved from € 1.3 million to € -710,447. 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 July 27, 2026.
€ -583,980
▼ € 713,882 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -710,447
▼ still € 1.3 million profit in 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
270
▲ 7.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 19.6 million
▲ 3% vs 2024
€ 72,600 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.
€ 34,924
▼ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 437,709
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 21 days on average.
€ 2.7 million
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 148,299 | € 90,866 | € 140,675 | € 123,117 | ▼ 12% |
| Profit after taxes | € -816,058 | € -819,781 | € 1,252,755 | € -710,447 | ▼ € 2 million |
| Equity | € -292,839 | € -1,126,980 | € 129,902 | € -583,980 | ▼ € 713,882 |
| Total debts | € 4,307,645 | € 5,846,362 | € 5,280,575 | € 3,805,825 | ▼ 28% |
| Cash | € 1,510,525 | € 660,262 | € 1,210,631 | € 1,283,727 | ▲ 6% |
| Land & buildings | € 48,231 | € 42,041 | € 75,291 | € 62,177 | ▼ 17% |
| Retained profit | € -418,079 | € -1,237,860 | € 14,895 | € -695,552 | ▼ € 710,447 |
| Balance sheet total | € 4,677,801 | € 5,425,426 | € 6,036,903 | € 4,007,641 | ▼ 34% |
| Employees (FTE) | 267.2 | 262.8 | 262.2 | 270 | ▲ 7.8 |
Key figures of Institut Albatros, 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 Albatros?
What happened at Institut Albatros in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 710,447 (▼ € 2 million vs 2024). Source: NBB ↗
- NICOLAS DUCARME became a director. NBB
- ANNIE DEMISSY became a director. NBB
- Maryse COUCKE became a director. NBB
- Véronique COUTURE became a director. NBB
- Vincent MAILLARD became a director. NBB
- Michel BOURDON became a director. NBB
- Eric VAN DER SYPT became a director. NBB
In short
From € 816,058 loss in 2022 to € 710,447 loss in 2025.
Best year ever: 2024, with € 1.3 million profit.
Pays suppliers within 21 days on average.
Management
Behind Institut Albatros are NICOLAS DUCARME, Philippe SOREL, ANNIE DEMISSY, Michel LEFEBVRE, Maryse COUCKE and Eric VAN DER SYPT. The same people are also behind Home Albatros and Centre Albatros. Philippe SOREL is also behind Ferme et Maraichage de Poteaupre. Michel LEFEBVRE is also behind Ferme et Maraichage de Poteaupre.
Directors
According to the 2025 annual accounts
since 2025
Philippe SOREL
Vice-chairman of the board
Also active at: Home Albatros, Centre Albatros, Ferme et Maraichage de Poteaupre
since 2019
since 2025
Michel LEFEBVRE
Secrétaire
Also active at: Home Albatros, Centre Albatros, Ferme et Maraichage de Poteaupre
since 2019
since 2025
since 2021
Vincent MAILLARD
Managing director
Also active at: Home Albatros, Centre Albatros, Ferme et Maraichage de Poteaupre
since 2022
since 2022
since 2025
Establishments
Establishment units
Physical locations of this company
Rue du Bois, P.-Ch. 5
5660 Couvin
Rue de Poteaupré(FOR) 296
6464 Chimay
Active since 1 April 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.243.318
- VAT number
- BE 0439.243.318
- Registered office
- Rue du Bois, P.-Ch. 5, 5660 Couvin
- Names & denominations
- Institut Albatros
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 2 March 1989
- Peppol
- Not registered
- Activities · NACE
Instellingen met huisvesting voor volwassenen met een mentale handicap
Instituten voor gehandicapte volwassenen