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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Renaissance from Braine-l'Alleud, company number BE0450723069, closed financial year 2025 with a result of € -58,016 after tax. For that financial year Renaissance recorded a gross margin of € 1.8 million and equity of € 5.2 million. Compared with financial year 2024, the result moved from € -70,944 to € -58,016. 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 8, 2026.
€ 5.2 million
▲ 164% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -58,016
▲ 18 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2.7 million
▲ € 2.6 million vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
20.5
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 2% vs 2024
€ 74,000 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.
€ 23,893
▲ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 291,160
▼ 27% vs 2024
€ 27,232 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 33,883
▼ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 236,032
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,613,787 | € 1,752,045 | € 1,757,896 | € 1,824,603 | ▲ 4% |
| Profit after taxes | € -53,826 | € 31,109 | € -70,944 | € -58,016 | ▲ € 12,928 |
| Equity | € 1,938,078 | € 1,905,173 | € 1,981,474 | € 5,237,678 | ▲ 164% |
| Total debts | € 928,175 | € 778,230 | € 912,415 | € 767,941 | ▼ 16% |
| Cash | € 566,438 | € 163,519 | € 120,951 | € 2,702,967 | ▲ € 2.6 million |
| Land & buildings | € 1,387,482 | € 1,311,842 | € 1,234,775 | € 1,931,310 | ▲ 56% |
| Retained profit | € 60,780 | € 91,889 | € 20,945 | € -37,071 | ▼ € 58,016 |
| Bank debt | € 409,613 | € 342,004 | € 396,838 | € 291,160 | ▼ 27% |
| Balance sheet total | € 2,866,253 | € 2,683,403 | € 2,893,890 | € 6,005,618 | ▲ 108% |
| Employees (FTE) | 22.8 | 23.1 | 20.3 | 20.5 | ▲ 0.2 |
Key figures of Renaissance, 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 Renaissance?
What happened at Renaissance in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Isabelle RASMONT stepped down as director. NBB
- Patrice Courtin stepped down as director. NBB
- Danielle Fronville stepped down as director. NBB
- Jean Fossion stepped down as director. NBB
- Annie Darras stepped down as director. NBB
- Gerald Haywood stepped down as director. NBB
- Michel Massart stepped down as director. NBB
- François Klinkemallie stepped down as director. NBB
In short
From € 53,826 loss in 2022 to € 58,016 loss in 2025.
Paid € 1,585 in corporate taxes since 2022.
Best year ever: 2023, with € 31,109 profit.
On average € 89,000 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Patrice Courtin
Director
since 2021 · until 2027
Danielle Fronville
Secretaire général
since 2021 · until 2027
since 2021 · until 2027
Isabelle RASMONT
Director
since 2025 · until 2028
Annie Darras
Director
since 2021 · until 2027
Gerald Haywood
Director
since 2021 · until 2027
Michel Massart
Director
Also active at: LES AMIS DE SOLIDARITE LOGEMENT, solidarite-logement/ solidariteit-huisvesting
since 2021 · until 2027
François Klinkemallie
Director
since 2021 · until 2027
Laurence Struye
Director
since 2021 · until 2027
Stéphane Emmanuélidis
Chairman of the board
Also active at: Etablissements Deneyer, Institut royal pour sourds et aveugles, Centre scolaire Saint-Exupéry, Union des entreprises à profit social, W.ALTER., Triangle - Wallonie, Vereniging van de Sociale Fondsen van de Social Profitsektor - Association des Fonds sociaux du Secteur non-marchand, UNIPSO +2 more
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Rue Pré Blanche Maison 34
1421 Braine-l'Alleud
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.723.069
- VAT number
- BE 0450.723.069
- Registered office
- Rue Pré Blanche Maison 34, 1421 Braine-l'Alleud
- Names & denominations
- Renaissance
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 10 June 1993
- Peppol
- Active · Active since 30 Jan 2026
- Activities · NACE
Instellingen met huisvesting voor volwassenen met een mentale handicap
Instituten voor gehandicapte volwassenen