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
Enseignement libre à Marche from Marche-en-Famenne, company number BE0460063575, closed financial year 2025 with a result of € -285,432 after tax. For that financial year Enseignement libre à Marche recorded revenue of € 694,526 and equity of € 9.5 million. Compared with financial year 2024, the result moved from € -290,503 to € -285,432. 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 23, 2026.
€ 9.5 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -285,432
▲ 2 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2 million
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
49
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 28.5 million
€ 580,800 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.
€ 291,436
▲ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.8 million
▼ 6% vs 2024
€ 339,565 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 442,128
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 50 days on average.
€ 257,291
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 682,921 | € 698,967 | € 720,910 | € 694,526 | ▼ 4% |
| Profit after taxes | € -131,211 | € -169,410 | € -290,503 | € -285,432 | ▲ € 5,071 |
| Equity | € 10,128,711 | € 10,336,115 | € 10,012,944 | € 9,461,184 | ▼ 6% |
| Total debts | € 7,685,256 | € 7,203,048 | € 7,152,565 | € 7,034,143 | ▼ 2% |
| Cash | € 1,882,378 | € 1,801,469 | € 1,912,880 | € 2,006,986 | ▲ 5% |
| Land & buildings | € 7,615,285 | € 7,176,232 | € 6,737,180 | € 6,298,128 | ▼ 7% |
| Retained profit | € 2,423,263 | € 2,253,853 | € 1,963,350 | € 1,677,918 | ▼ 15% |
| Bank debt | € 6,698,047 | € 6,513,888 | € 6,146,807 | € 5,766,057 | ▼ 6% |
| Balance sheet total | € 17,813,967 | € 17,539,163 | € 17,165,509 | € 16,495,327 | ▼ 4% |
| Employees (FTE) | 46 | 44 | 47 | 49 | ▲ 2 |
Key figures of Enseignement libre à Marche, 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 Enseignement libre à Marche?
What happened at Enseignement libre à Marche in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VANESSA SIEMIANOW stepped down as director. NBB
- CEDRIC GRATIA stepped down as director. NBB
- LAURENCE RENOY stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 285,432. Source: NBB ↗
- COLETTE MAYON stepped down as director. NBB
- PHILIPPE DEMOULIN stepped down as director. NBB
- MICHEL JACQMIN stepped down as director. NBB
- DAVID FRUYTIER stepped down as director. NBB
In short
From € 131,211 loss in 2022 to € 285,432 loss in 2025.
Paid € 2,090 in corporate taxes since 2022.
Pays suppliers within 50 days on average.
Management
Directors
According to the 2025 annual accounts
COLETTE MAYON
Director
since 2022 · until 2026
PHILIPPE DEMOULIN
Director
since 2022 · until 2026
CEDRIC GRATIA
Chairman of the board
since 2024 · until 2028
since 2025 · until 2029
MICHEL JACQMIN
Director
since 2022 · until 2026
DAVID FRUYTIER
Director
since 2022 · until 2026
since 2022 · until 2026
MICHEL NOIRHOMME
Chairman of the board
since 2022 · until 2026
NICOLE GRAAS
Director
since 2022 · until 2026
LAURENCE RENOY
Director
since 2024 · until 2028
BERNARD VAN VYNCKT
Director
since 2022 · until 2026
Establishments
Establishment units
Physical locations of this company
Marche, Rue de Nérette 2
6900 Marche-en-Famenne
Marche, Chemin Saint-Martin 38
6900 Marche-en-Famenne
Active since 6 January 1997
Aye, Rue des Jardins SN
6900 Marche-en-Famenne
Active since 1 January 2007
Marche, Rue de Nérette 4
6900 Marche-en-Famenne
Active since 1 January 2007
Marche, Rue Américaine 28
6900 Marche-en-Famenne
Active since 1 January 2007
Marche, Rue de Nérette 2 box A
6900 Marche-en-Famenne
Active since 1 January 2007
Marche, Rue Américaine 28 box A
6900 Marche-en-Famenne
Active since 1 January 2007
Marche, Rue Américaine 28 box B
6900 Marche-en-Famenne
Active since 1 January 2007
Marche, Rue Américaine 28 box C
6900 Marche-en-Famenne
Active since 1 January 2007
Marloie, Rue des Ecoles 3
6900 Marche-en-Famenne
Active since 1 January 2012
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0460.063.575
- VAT number
- BE 0460.063.575
- Registered office
- Marche, Rue de Nérette 2, 6900 Marche-en-Famenne
- Names & denominations
- Enseignement libre à Marche · ELMA
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 6 January 1997
- Peppol
- Active · Active since 6 Nov 2025
- Activities · NACE
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