Financials
Financial year 2025
Orpheus Instituut from Gent, company number BE0458720126, closed financial year 2025 with a result of € -153,741 after tax. For that financial year Orpheus Instituut recorded a gross margin of € 1.2 million and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 127,584 to € -153,741. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ 2.4 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -153,741
▼ still € 127,584 profit in 2024
Profit after tax over the fiscal year.
€ 318,899
▲ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
12.5
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 26% vs 2024
€ 110,800 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 47,591
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 134,086
▲ 23% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,140,559 | € 1,259,726 | € 1,324,594 | € 1,188,932 | ▼ 10% |
| Profit after taxes | € 10,503 | € 129,487 | € 127,584 | € -153,741 | ▼ € 281,325 |
| Equity | € 2,335,039 | € 2,464,526 | € 2,592,110 | € 2,438,369 | ▼ 6% |
| Total debts | € 430,497 | € 540,754 | € 441,936 | € 2,921,943 | ▲ € 2.5 million |
| Cash | € 517,852 | € 640,744 | € 236,967 | € 318,899 | ▲ 35% |
| Land & buildings | € 1,221,874 | € 1,121,669 | € 1,022,214 | € 966,383 | ▼ 5% |
| Retained profit | € 2,335,039 | € 2,464,526 | € 2,592,110 | € 2,438,369 | ▼ 6% |
| Balance sheet total | € 2,935,458 | € 3,179,739 | € 3,208,506 | € 5,374,772 | ▲ 68% |
| Employees (FTE) | 10.5 | 11.1 | 10.9 | 12.5 | ▲ 1.6 |
Key figures of Orpheus Instituut, 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 Orpheus Instituut?
What happened at Orpheus Instituut in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jan D'Haene stepped down as director. NBB
- Thomas De Baets stepped down as director. NBB
- Filip Rathé stepped down as director. NBB
- Peter Dejans stepped down as director. NBB
- Jeroen Vanacker stepped down as director. NBB
- Piet Menu stepped down as director. NBB
- Johan Huys stepped down as director. NBB
- Pascale De Groote stepped down as director. NBB
In short
From € 10,503 profit in 2022 to € 153,741 loss in 2025.
Best year ever: 2023, with € 129,487 profit.
On average € 95,100 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Filip Rathé
Director
since 2024 · until 2028
since 2024 · until 2028
Jan D'Haene
Director
since 2024 · until 2031
Jeroen Vanacker
Director
since 2024 · until 2028
Thomas De Baets
Director
since 2024 · until 2031
Piet Menu
Director
Also active at: Cultureel Animatiecentrum Beursschouwburg, DeSingel, Beheer Kunstsite
since 2024 · until 2028
Johan Huys
Chairman of the board
since 2024 · until 2028
Pascale De Groote
Director
since 2024 · until 2028
Griet Nuytinck
Director
Also active at: Antwerp Symphony Orchestra, Collegium Vocale Gent, VLAAMS INSTITUUT VOOR BIOTECHNOLOGIE - FLANDERS INSTITUTE FOR BIOTECHNOLOGY
since 2024 · until 2028
Establishments
Establishment units
Physical locations of this company
Korte Meer 12
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.720.126
- VAT number
- BE 0458.720.126
- Registered office
- Korte Meer 12, 9000 Gent
- Names & denominations
- Orpheus Instituut
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 10 July 1996
- Peppol
- Active · Active since 17 Aug 2025
- Activities · NACE
Cultureel onderwijs
Kunstonderwijs dat niet naar niveau kan worden ingedeeld