NOSTALGIE

Active

Public limited companyfounded 199035 yrs activeLeuvensesteenweg 775, 1140 Evere, BelgiumKBO/BCE: BE 0442.436.893

Summary

NOSTALGIE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.0m and a net result of €4.0m. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 60% of 712 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysis Watch Report Compare

NOSTALGIEActiveChecked score 77/100

Risk analysis Report Compare

Checked score

Score 2025

77 / 100

Excellent

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency79▲+4

Growth54▼-1

Track record100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €500,000 at 30 days acceptable

Liquidity tight (current ratio 1.42 against 1.33 in 2024; short-term debt: 45.1% and cash: 8% of total assets), and 45.9% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

54.1%

Return on assets

31%

Age of the figures

9 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-05-2026, 72 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

72 d early

2024

72 d early

2023

69 d early

2022

70 d early

2021

53 d early

2020

64 d early

2019

74 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 68 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

27-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

NOSTALGIE was incorporated on 19 December 1990.¹ In 2009 the company absorbed SOCARAD and TELE 6 by merger.² The registered office was moved to Evere in 2010.³ The board currently has 5 members; Bruno François B. de Cartier d'Yves has served longest, since 2010.⁴ Revenue grew from EUR 18 million in 2019 to EUR 23 million in 2025 and headcount from 16.8 to 20.8 full-time equivalents.⁵

Go further with this company

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

In the rankings #6 company by total assets in Evere, Professional and technical services sector #8 company by equity in Evere, Professional and technical services sector #10 oldest company in Evere, Professional and technical services sector

Turnover

€23.0m▲ 2.2%

2024 · €22.5m

EBIT margin

23.1%▼ 2.1pp

2024 · 25.3%

Net result

€4.0m▼ 6.4%

2024 · €4.3m

Working capital

€2.4m▲ 8.2%

2024 · €2.2m

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20212022202320242025

Turnover€20.7m▲ 17.6%€22.1m▲ 7.0%€22.5m▲ 1.7%€22.5m▲ 0.2%€23.0m▲ 2.2%

Operating result€6.5m▲ 54.5%€5.5m▼ 14.9%€5.5m▲ 0.3%€5.7m▲ 3.1%€5.3m▼ 6.4%

Net result€4.8m▲ 54.9%€4.1m▼ 15.0%€4.1m▲ 0.6%€4.3m▲ 3.3%€4.0m▼ 6.4%

EBIT margin31.3%▲ 7.5pp24.9%▼ 6.4pp24.5%▼ 0.3pp25.3%▲ 0.7pp23.1%▼ 2.1pp

Equity€7.2m▼ 2.3%€7.3m▲ 1.5%€7.2m▼ 1.0%€7.0m▼ 3.2%€7.0m▼ 0.1%

Total assets€14.6m▲ 5.3%€13.5m▼ 7.6%€13.6m▲ 1.0%€13.8m▲ 1.4%€12.9m▼ 6.9%

Debt€7.4m▲ 13.9%€6.2m▼ 16.4%€6.4m▲ 3.3%€6.8m▲ 6.7%€5.9m▼ 13.7%

Working capital€2.1m▼ 16.5%€2.6m▲ 22.8%€2.3m▼ 9.0%€2.2m▼ 4.6%€2.4m▲ 8.2%

Solvency49.1%▼ 3.8pp54.0%▲ 4.8pp52.9%▼ 1.0pp50.5%▼ 2.4pp54.1%▲ 3.7pp

Staff (FTE)18▲ 1.1%18.5▲ 2.8%19.8▲ 7.0%21.1▲ 6.6%20.8▼ 1.4%

above within below the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 6% below 2024 and is the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €12.9m

36.2%

63.8%

Fixed assets €4.7m ▼ 3.8%

Current assets €8.2m ▼ 8.5%

Equity and liabilities €12.9m

54.1%

45.9%

Equity €7.0m ▼ 0.1%

Debt €5.9m ▼ 13.7%

Debt's share of the balance-sheet total falls from 49.5% to 45.9%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€5.6m▼

2024 · €5.9m

Cash flow

€4.2m▼

2024 · €4.5m

Current ratio

1.42▲

2024 · 1.33

Debt to equity

0.85▼

2024 · 0.98

ROE

57.3%▼

2024 · 61.2%

ROA

31.0%▲

2024 · 30.9%

Interest coverage

417.42▲

2024 · 293.93

Debt ≤ 1 year

€5.8m▼

2024 · €6.7m

Income taxes

€1.4m▼

2024 · €1.5m

Staff costs

€1.6m▼

2024 · €1.7m

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

Small
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more

0.2% went bankrupt

4.7% stopped otherwise

95% still going

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.4%
3	0.5%	0.5%
4	0.6%	0.7%
5	0.8%	0.9%
6	1.2%	1.3%
7	1.5%	1.6%
8	1.7%	1.7%
9	2.7%	2.8%
10	5.3%	5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 20,082 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 69 lines

Balance sheet Code20242025

Assets

Total assets20/58€13.8m€12.9m▼

Fixed assets21/28€4.8m€4.7m▼

Intangible fixed assets21€194,036€164,735▼

Tangible fixed assets22/27€725,339€568,532▼

Plant, machinery and equipment23€630,270€497,698▼

Furniture and vehicles24€10,541€7,813▼

Other tangible fixed assets26€84,528€63,021▼

Financial fixed assets28€3.9m€3.9m=

Affiliated companies280/1€3.9m€3.9m=

Participating interests280€3.6m€3.6m=

Amounts receivable281€300,000€300,000=

Companies linked by participating interests282/3€5,000€5,000=

Participating interests282€5,000€5,000=

Other financial fixed assets284/8€18,619€18,619=

Amounts receivable and cash guarantees285/8€18,619€18,619=

Current assets29/58€9.0m€8.2m▼

Amounts receivable within one year40/41€6.9m€7.1m▲

Trade receivables40€6.9m€7.0m▲

Other amounts receivable41€52,825€107,479▲

Cash at bank and in hand54/58€2.0m€1.0m▼

Deferred charges and accrued income490/1€72,929€85,075▲

Equity and liabilities

Total equity and liabilities10/49€13.8m€12.9m▼

Equity10/15€7.0m€7.0m▼

Contributions10/11€1.5m€1.5m=

Capital10€1.5m€1.5m=

Issued capital100€1.5m€1.5m=

Reserves13€150,000€150,000=

Non-distributable reserves130/1€150,000€150,000=

Legal reserve130€150,000€150,000=

Profit (loss) carried forward14€5.3m€5.3m▼

Amounts payable17/49€6.8m€5.9m▼

Amounts payable within one year42/48€6.7m€5.8m▼

Trade debts44€1.4m€1.3m▼

Suppliers440/4€1.4m€1.3m▼

Taxes, remuneration and social security45€827,553€486,090▼

Taxes450/3€619,674€275,057▼

Remuneration and social security454/9€207,878€211,033▲

Other amounts payable47/48€4.5m€4.0m▼

Accrued charges and deferred income492/3€95,379€100,981▲

Income statement Code20242025

Operating income70/76A€23.6m€23.9m▲

Turnover70€22.5m€23.0m▲

Other operating income74€1.0m€874,922▼

Non-recurring operating income76A-€1,187

Operating charges60/66A€17.9m€18.6m▲

Services and other goods61€15.9m€16.7m▲

Remuneration, social security and pensions62€1.7m€1.6m▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€247,221€228,950▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5,865-€5,075▼

Other operating charges640/8€44,941€40,296▼

Non-recurring operating charges66A€298€1,296▲

Operating profit (loss)9901€5.7m€5.3m▼

Financial income75/76B€63,660€48,156▼

Recurring financial income75€63,660€48,156▼

Income from financial fixed assets750€14,756€8,848▼

Income from current assets751€48,903€39,308▼

Other financial income752/9€1€0▼

Financial charges65/66B€20,202€13,307▼

Recurring financial charges65€20,202€13,307▼

Other financial charges652/9€20,202€13,307▼

Profit (loss) for the period before taxes9903€5.7m€5.4m▼

Income taxes67/77€1.5m€1.4m▼

Taxes670/3€1.5m€1.4m▼

Profit (loss) for the period9904€4.3m€4.0m▼

Profit (loss) for the period to be appropriated9905€4.3m€4.0m▼

Appropriation of the result

Profit (loss) to be appropriated9906€9.8m€9.3m▼

Profit (loss) brought forward from the previous period14P€5.6m€5.3m▼

Profit to be distributed694/7€4.5m€4.0m▼

Return on contributions (dividend)694€4.5m€4.0m▼

Social balance

Average headcount (FTE)908721.120.8▼

The notes to these accounts (65 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Operating income70/76A	€21.5m	€23.1m	€23.5m	€23.6m	€23.9m	▲ 1.5%
Turnover70	€20.7m	€22.1m	€22.5m	€22.5m	€23.0m	▲ 2.2%
Other operating income74	€862,277	€941,525	€965,615	€1.0m	€874,922	▼ 15.1%
Non-recurring operating income76A	-	€311	-	-	€1,187	-
Operating charges60/66A	€15.1m	€17.6m	€17.9m	€17.9m	€18.6m	▲ 4.0%
Services and other goods61	€13.6m	€16.0m	€16.2m	€15.9m	€16.7m	▲ 5.6%
Remuneration, social security and pensions62	€1.2m	€1.2m	€1.5m	€1.7m	€1.6m	▼ 8.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€213,215	€266,962	€255,700	€247,221	€228,950	▼ 7.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4	-€3,082	€14,504	-€12,200	€5,865	-€5,075	▼ 187%
Other operating charges640/8	€46,153	€82,460	€40,969	€44,941	€40,296	▼ 10.3%
Non-recurring operating charges66A	-	€0	€669	€298	€1,296	▲ 335%
Operating profit (loss)9901	€6.5m	€5.5m	€5.5m	€5.7m	€5.3m	▼ 6.4%
Financial income75/76B	€8,926	€5,085	€57,242	€63,660	€48,156	▼ 24.4%
Recurring financial income75	€8,926	€5,085	€57,242	€63,660	€48,156	▼ 24.4%
Income from financial fixed assets750	€8,378	€5,085	€20,913	€14,756	€8,848	▼ 40.0%
Income from current assets751	€546	-	€36,221	€48,903	€39,308	▼ 19.6%
Other financial income752/9	€2	€0	€108	€1	€0	▼ 86.4%
Financial charges65/66B	€3,754	€4,575	€27,033	€20,202	€13,307	▼ 34.1%
Recurring financial charges65	€3,754	€4,575	€27,033	€20,202	€13,307	▼ 34.1%
Other financial charges652/9	€3,754	€4,575	€27,033	€20,202	€13,307	▼ 34.1%
Profit (loss) for the period before taxes9903	€6.5m	€5.5m	€5.6m	€5.7m	€5.4m	▼ 6.5%
Income taxes67/77	€1.6m	€1.4m	€1.4m	€1.5m	€1.4m	▼ 6.7%
Taxes670/3	€1.6m	€1.4m	€1.4m	€1.5m	€1.4m	▼ 6.7%
Profit (loss) for the period9904	€4.8m	€4.1m	€4.1m	€4.3m	€4.0m	▼ 6.4%
Profit (loss) for the period to be appropriated9905	€4.8m	€4.1m	€4.1m	€4.3m	€4.0m	▼ 6.4%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€14.6m	€13.5m	€13.6m	€13.8m	€12.9m	▼ 6.9%
Fixed assets21/28	€5.4m	€5.1m	€5.0m	€4.8m	€4.7m	▼ 3.8%
Intangible fixed assets21	€115,677	€170,204	€201,176	€194,036	€164,735	▼ 15.1%
Tangible fixed assets22/27	€1.1m	€964,935	€865,136	€725,339	€568,532	▼ 21.6%
Plant, machinery and equipment23	€30,798	€847,787	€746,582	€630,270	€497,698	▼ 21.0%
Furniture and vehicles24	€916,253	€13,717	€12,456	€10,541	€7,813	▼ 25.9%
Other tangible fixed assets26	€122,175	€103,431	€106,098	€84,528	€63,021	▼ 25.4%
Financial fixed assets28	€4.2m	€4.0m	€4.0m	€3.9m	€3.9m	=
Affiliated companies280/1	€4.2m	€3.9m	€3.9m	€3.9m	€3.9m	=
Participating interests280	€3.3m	€3.3m	€3.6m	€3.6m	€3.6m	=
Amounts receivable281	€880,000	€630,000	€350,000	€300,000	€300,000	=
Companies linked by participating interests282/3	€5,000	€5,000	€5,000	€5,000	€5,000	=
Participating interests282	€5,000	€5,000	€5,000	€5,000	€5,000	=
Other financial fixed assets284/8	€3,769	€3,769	€3,769	€18,619	€18,619	=
Amounts receivable and cash guarantees285/8	€3,769	€3,769	€3,769	€18,619	€18,619	=
Current assets29/58	€9.2m	€8.4m	€8.6m	€9.0m	€8.2m	▼ 8.5%
Amounts receivable within one year40/41	€7.6m	€6.7m	€7.1m	€6.9m	€7.1m	▲ 2.3%
Trade receivables40	€7.2m	€6.4m	€6.8m	€6.9m	€7.0m	▲ 1.5%
Other amounts receivable41	€317,187	€316,574	€265,545	€52,825	€107,479	▲ 103%
Current investments50/53	€1.0m	€400,000	-	-	-	-
Other investments51/53	€1.0m	€400,000	-	-	-	-
Cash at bank and in hand54/58	€563,231	€1.0m	€1.5m	€2.0m	€1.0m	▼ 47.5%
Deferred charges and accrued income490/1	€82,404	€240,326	€65,537	€72,929	€85,075	▲ 16.7%
Equity and liabilities
Total equity and liabilities10/49	€14.6m	€13.5m	€13.6m	€13.8m	€12.9m	▼ 6.9%
Equity10/15	€7.2m	€7.3m	€7.2m	€7.0m	€7.0m	▼ 0.1%
Contributions10/11	€1.5m	€1.5m	€1.5m	€1.5m	€1.5m	=
Capital10	€1.5m	€1.5m	€1.5m	€1.5m	€1.5m	=
Issued capital100	€1.5m	€1.5m	€1.5m	€1.5m	€1.5m	=
Reserves13	€150,000	€150,000	€150,000	€150,000	€150,000	=
Non-distributable reserves130/1	€150,000	€150,000	€150,000	€150,000	€150,000	=
Legal reserve130	€150,000	€150,000	€150,000	€150,000	€150,000	=
Profit (loss) carried forward14	€5.5m	€5.6m	€5.6m	€5.3m	€5.3m	▼ 0.2%
Amounts payable17/49	€7.4m	€6.2m	€6.4m	€6.8m	€5.9m	▼ 13.7%
Amounts payable within one year42/48	€7.1m	€5.8m	€6.3m	€6.7m	€5.8m	▼ 14.0%
Trade debts44	€1.6m	€1.3m	€1.3m	€1.4m	€1.3m	▼ 7.9%
Suppliers440/4	€1.6m	€1.3m	€1.3m	€1.4m	€1.3m	▼ 7.9%
Taxes, remuneration and social security45	€535,386	€560,209	€722,553	€827,553	€486,090	▼ 41.3%
Taxes450/3	€384,170	€390,852	€509,584	€619,674	€275,057	▼ 55.6%
Remuneration and social security454/9	€151,216	€169,357	€212,969	€207,878	€211,033	▲ 1.5%
Other amounts payable47/48	€5.0m	€4.0m	€4.2m	€4.5m	€4.0m	▼ 10.9%
Accrued charges and deferred income492/3	€312,322	€383,736	€152,133	€95,379	€100,981	▲ 5.9%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€4.8m	€4.1m	€4.1m	€4.3m	€4.0m	▼ 6.4%
+ Depreciation and write-downs630	€213,215	€266,962	€255,700	€247,221	€228,950	▼ 7.4%
Operating cash flow (approximation)	€5.0m	€4.4m	€4.4m	€4.5m	€4.2m	▼ 6.5%
Investment in fixed assets (approximation)	-	€32,802	-€186,873	-€65,134	-€42,842	▲ 34.2%
Change in cash	-	€448,751	€456,165	€492,444	-€932,182	▼ 289%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

All 31Financial 2Gazette 19Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

20-05

NBB filing Annual accounts filed

fiscal year 2025 · full schema

27-01

State Gazette act Appointments: Tom Klerkx, PwC Reviseurs d'Entreprises SRL and 2 others

Reappointments: Bruno de Cartier, Tom Klerkx and 2 others · Permanent representatives: Richard Mazeret and Alexis Van Bavel SRL12 facts ▸

General meeting, 16-05-2025
Director appointment, Tom Klerkx (director)
Director reappointment, Bruno de Cartier (director)
Director reappointment, Tom Klerkx (director)
Director reappointment, Philippe Fourel (director)
Director reappointment, Nostalgie SAS (director)
Permanent representative, Richard Mazeret
Auditor appointment, PwC Reviseurs d'Entreprises SRL (statutory auditor)
Permanent representative, Alexis Van Bavel SRL
Board meeting, 15-10-2025
Director appointment, Bruno de Cartier (chair of the board)
Director appointment, Philippe Fourel (managing director)

2025

20-05

NBB filing Annual accounts filed

fiscal year 2024 · full schema

02-05

State Gazette act Resignations: Pierre Todeschini (permanent representative) and Bart Decoster (director)

Permanent representative: Richard Mazeret · Appointment: Tom Klerckx (director)5 facts ▸

Board meeting, 20-12-2024
Director resignation, Pierre Todeschini (permanent representative)
Permanent representative, Richard Mazeret
Director resignation, Bart Decoster (director)
Director appointment, Tom Klerckx (director)

2024

23-05

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

22-05

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

17-08

State Gazette act Reappointments: Bruno de Cartier, Philippe Fourel and 3 others

Permanent representatives: Pierre Todeschini and Alexis Van Bavel9 facts ▸

Board meeting, 05-05-2022
General meeting, 20-05-2022
Director reappointment, Bruno de Cartier (chair of the board)
Director reappointment, Philippe Fourel (managing director)
Director reappointment, Bart Decoster (director)
Director reappointment, Nostalgie SAS (director)
Permanent representative, Pierre Todeschini
Auditor reappointment, PwC Réviseurs d'entreprises
Permanent representative, Alexis Van Bavel

08-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Highest result since 2019net €4.8m ▲54.9%

Operating result €6.5m, net result €4.8m, both a record.

28-05

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

31-12

Financial Weakest financial yearnet €3.1m ▼12.2%

Net result drops to €3.1m, the lowest in the series; recovery starts the following year.

12-08

State Gazette act Reappointments: Bruno de Cartier (chair of the board) and Philippe Fourel (daily management delegate)

Permanent representative: Alexis Van Bavel4 facts ▸

Board meeting, 30-04-2020
Director reappointment, Bruno de Cartier (chair of the board)
Director reappointment, Philippe Fourel (daily management delegate)
Permanent representative, Alexis Van Bavel

Show earlier events

18-05

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

18-07

State Gazette act Reappointments: Bruno De Cartier, Philippe Fourel and 3 others

Permanent representative: Pierre Todeschini · Appointment: François Cattoir (representative) · Auditor fees9 facts ▸

General meeting, 17-05-2019
Director reappointment, Bruno De Cartier (director)
Director reappointment, Philippe Fourel (director)
Director reappointment, Bart Decoster (director)
Director reappointment, Radio Nostalgie S.A.S (director)
Permanent representative, Pierre Todeschini
Auditor reappointment, SCCRL PwC Reviseur d'entreprises (statutory auditor)
Director appointment, François Cattoir (representative)
Auditor fees, EUR 13.000 (plus TVA, débours divers et cotisation IRE), adaptés annuellement sur base de l'évolution de l'indice des prix à la consommation ou suivant accord e…

19-06

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

21-06

State Gazette act Resignation: CORELIO (director)

Appointment: Bart Decoster (director)5 facts ▸

General meeting, 18-05-2018
Board meeting, 20-06-2017
Director resignation, CORELIO (director)
Director appointment, Bart Decoster (director)
Director appointment, Bart Decoster (director)

31-05

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

14-07

State Gazette act Reappointments: SA Corelio (director) and SCCRL PwC Reviseur d'entreprises (statutory auditor)

Permanent representative: Bruno de Cartier · Appointments: François Cattoir (representative) and Bart Decoster (director)7 facts ▸

General meeting, 19-05-2017
Director reappointment, SA Corelio (director)
Permanent representative, Bruno de Cartier
Auditor reappointment, SCCRL PwC Reviseur d'entreprises
Director appointment, François Cattoir (representative)
Board meeting, 20-06-2017
Director appointment, Bart Decoster (director)

30-05

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

01-08

State Gazette act Resignation: Quentin Gemoets (director)

Appointment: SA CORELIO (director) · Permanent representative: Bruno de Cartier · Power of attorney5 facts ▸

Board meeting, 28-06-2016
Director resignation, Quentin Gemoets (director)
Director appointment, SA CORELIO (director)
Permanent representative, Bruno de Cartier
Power of attorney, Ann Crabeels

13-07

State Gazette act Reappointments: Bruno De Cartier, Philippe Fourel and 3 others

Permanent representative: Pierre Todeschini · Appointment: François Cattoir (représentant du commissaire) · Auditor fees9 facts ▸

General meeting, 20-05-2016
Director reappointment, Bruno De Cartier (director)
Director reappointment, Philippe Fourel (director)
Director reappointment, Quentin Gemoets (director)
Director reappointment, Radio Nostalgie S.A.S (director)
Permanent representative, Pierre Todeschini
Auditor reappointment, SCCRL PwC Reviseur d'entreprises (statutory auditor)
Director appointment, François Cattoir (représentant du commissaire)
Auditor fees, 12.360 EUR (plus TVA, débours divers et cotisation IRE), adaptés annuellement sur base de l'évolution de l'indice des prix à la consommation ou suivant accord e…

2013

28-06

State Gazette act Permanent representative: Pierre TODESCHINI

Resignation: Jean Pierre TRELAT (director) · Appointment: Philippe FOUREL (director) · Reappointments: Bruno De Cartier, Quentin Gemoets and 3 others13 facts ▸

Board meeting, 02-05-2013
Permanent representative, Pierre TODESCHINI
Director resignation, Jean Pierre TRELAT (director)
Director appointment, Philippe FOUREL (director)
Director appointment, Philippe FOUREL (daily management delegate)
General meeting, 17-05-2013
Director reappointment, Bruno De Cartier (director)
Director reappointment, Quentin Gemoets (director)
Director reappointment, Philippe FOUREL (director)
Director reappointment, Radio Nostalgie SAS (director)
Auditor reappointment, SCCRL PwC Reviseur d'entreprises
Auditor fees, EUR 11.550 (plus TVA, débours divers et cotisation IRE), adaptés annuellement sur base de l'évolution de l'indice des prix à la consommation ou suivant accord e…
+1 further facts in this act

2012

13-08

State Gazette act Resignations & appointments

Power of attorney2 facts ▸

Board meeting, 26-06-2012
Power of attorney, GIE NOS'ENERGIES

27-04

State Gazette act Resignations: CORELIO (director) and Christophe Montague (director)

Director discharge · Statutes amendment6 facts ▸

General meeting, 29-02-2012
Director resignation, CORELIO (director)
Director discharge, CORELIO
Director resignation, Christophe Montague (director)
Director discharge, Christophe Montague
Statutes amendment, 11

21-03

State Gazette act Resignation: Christophe Montague (daily management delegate)

Appointment: Jean-Pierre Trélat (managing director) · Permanent representatives: Olaf Hopp and Christophe Montague5 facts ▸

Board meeting, 29-02-2012
Director resignation, Christophe Montague (daily management delegate)
Director appointment, Jean-Pierre Trélat (managing director)
Permanent representative, Olaf Hopp
Permanent representative, Christophe Montague

2010

28-06

State Gazette act Appointment: Marc VOSSEN (day-to-day manager)

Registered-office move · Power of attorney4 facts ▸

Board meeting, 25-05-2010
Registered-office move, 775, Chaussée de Louvain à 1140 Evere
Director appointment, Marc VOSSEN (day-to-day manager)
Power of attorney, Ann Crabeels

28-06

State Gazette act Appointment: PricewaterhouseCoopers, Réviseurs d'Entreprises (réviseur d'entreprises)

Reappointments: Bruno de Cartier, Christophe Montague and 4 others11 facts ▸

General meeting, 10-06-2010
Board meeting, 10-06-2010
Auditor appointment, PricewaterhouseCoopers, Réviseurs d'Entreprises (réviseur d'entreprises)
Director reappointment, Bruno de Cartier (director)
Director reappointment, Christophe Montague (director)
Director reappointment, Corelio s.a (director)
Director reappointment, Quentin Gemoets (director)
Director reappointment, Radio Nostalgie SAS (director)
Director reappointment, Jean-Pierre Trélat (director)
Director reappointment, Bruno de Cartier (chair of the board)
Director reappointment, Christophe Montague (managing director)

2009

10-06

State Gazette act Capital & shares · Restructuring

Merger · Power of attorney · Merger consideration7 facts ▸

General meeting, 25-05-2009
Merger, 25-05-2009
Merger, 25-05-2009
Power of attorney, Bruno de CARTIER d'YVES
Merger consideration, aucune action n'est accordée en rémunération de cet apport
Discharge, ratification des comptes annuels 2008 et des premiers comptes annuels post-fusion vaudra comme quittance et décharge pour le Conseil d'Administration, pour la p…
Discharge, ratification des comptes annuels 2008 et des premiers comptes annuels post-fusion vaudra comme quittance et décharge pour le Conseil d'Administration, pour la p…

2006

29-12

State Gazette act Resignation: Philippe Boindrieux (director)

Appointment: Jean-Pierre Trelat (director)3 facts ▸

Board meeting, 28-11-2006
Director resignation, Philippe Boindrieux (director)
Director appointment, Jean-Pierre Trelat (director)

13-11

State Gazette act Appointment: Mathieu Sibille (director)

Power of attorney3 facts ▸

Board meeting, 09-12-2004
Director appointment, Mathieu Sibille (director)
Power of attorney, Bruno de Cartier

2004

13-07

State Gazette act Reappointment: scrl Van der Steen, RIské, De Weert, lefebvre & Partners (statutory auditor)

2 facts ▸

General meeting, 21-05-2004
Auditor reappointment, scrl Van der Steen, RIské, De Weert, lefebvre & Partners

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

19 of 19 acts read

Directors · office · real estate

Directors

5 directors, 1 in day-to-day management, no change since 2025

Board 5

Bruno François B. de Cartier d'Yves

Chair of the board · since 01-01-2010 · Director · since 01-01-2010

Current

Philippe FOUREL

Director · since 02-05-2013

Current

Tom Klerckx

Director · since 24-04-2025

Current

Nostalgie SAS

Director · since 16-05-2025 · Legal entity · perm. rep.: Pierre Todeschini

Current

Tom Klerkx

Director · since 16-05-2025

Current

6 not recently confirmed

Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.

Mathieu Sibille

Director · since 09-12-2004

Not recently confirmed

Corelio s.a

Director · since 01-01-2010 · Legal entity

Not recently confirmed

Radio Nostalgie SAS

Director · since 01-01-2010 · Legal entity · perm. rep.: Pierre TODESCHINI

Not recently confirmed

Radio Nostalgie S.A.S

Director · since 20-05-2016 · Legal entity · perm. rep.: Pierre Todeschini

Not recently confirmed

Mediahuis Partners

Director · since 28-06-2016 · Public limited company · perm. rep.: Bruno de Cartier

Not recently confirmed

Jean-Pierre Trelat

Director

Not recently confirmed

Day-to-day management 1

Philippe FOUREL

Managing director · since 02-05-2013

Current

2 not recently confirmed

Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.

Jean-Pierre Trelat

Managing director · since 01-01-2012

Not recently confirmed

Marc VOSSEN

Day-to-day manager · since 01-01-2008

Not recently confirmed

Permanent representatives 1

Pierre Todeschini

Permanent representative · since 16-05-2025 · for Nostalgie SAS

Current

2 not recently confirmed

Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.

François Cattoir

Representative · since 20-05-2016

Not recently confirmed

Bruno de Cartier

Permanent representative · since 28-06-2016 · for Mediahuis Partners

Not recently confirmed

Statutory auditor 1

PwC Réviseurs d'Entreprises SRL

Statutory auditor · since 01-01-2010

Current

Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →

Location & real-estate footprint

Registered office, Evere · 1 establishment unit since 1995

seat establishment The establishment unit on the map

Ground area

4,116 m²

Building footprint

3,161 m²

Volume, LiDAR

20,052 m³

Parcel 21372C0025/00E002, Brussels · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.

16 companies at this address See who is registered here

1 establishment unit

RESEAU RADIO NOSTALGIE

Leuvensesteenweg 775/1, 1140 EvereNACE 9220101

since 19952.051.209.510

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21372C0025/00E002	Brussels	4,116 m²	1 · 3,161 m²	12.4 m · 2 fl.

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Mandate history

21 people since 2004, 14 in office

All 21 In office 14 Ended 7

Board
Day-to-day management
Permanent representative
Statutory auditor
not recently confirmed
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
Bruno François B. de Cartier d'Yves	Chair of the board, already before 01-01-2010 to date Director, already before 01-01-2010 to date
Philippe FOUREL	Director, from 02-05-2013 to date Daily management delegate, from 02-05-2013 to date
Nostalgie SAS	Director, already before 17-08-2022 to date
Tom Klerckx	Director, from 24-04-2025 to date
Tom Klerkx	Director, from 16-05-2025 to date
PwC Réviseurs d'Entreprises SRL	Statutory auditor, from 01-01-2010 to date
Mathieu Sibille	Director, from 09-12-2004 not ended, last confirmed 13-11-2006
Jean-Pierre Trelat	Director, from 19-12-2006 to 19-04-2013 Director, already before 01-01-2010 not ended, last confirmed 28-06-2010 Managing director, from 01-01-2012 not ended, last confirmed 21-03-2012
Corelio s.a	Director, already before 01-01-2010 not ended, last confirmed 28-06-2010
Radio Nostalgie SAS	Director, already before 01-01-2010 not ended, last confirmed 28-06-2013
Radio Nostalgie S.A.S	Director, already before 20-05-2016 not ended, last confirmed 18-07-2019
Mediahuis Partners	Director, from 28-06-2016 not ended, last confirmed 14-07-2017
Marc VOSSEN	Day-to-day manager, from 01-01-2008 not ended, last confirmed 28-06-2010
François Cattoir	Représentant du commissaire, from 20-05-2016 not ended, last confirmed 18-07-2019
DECOSTER Bart, Eugeen	Director, from 20-06-2017 to 24-04-2025
Pierre TODESCHINI	Permanent representative, until 31-12-2024
CORELIO	Director, until 01-01-2012 Director, until 20-06-2017
Quentin Gemoets	Director, already before 01-01-2010 to 28-06-2016
Christophe Montague	Director, already before 01-01-2010 to 31-12-2011 Managing director, already before 01-01-2010 to 31-12-2011
scrl Van der Steen, RIské, De Weert, lefebvre & Partners	Auditor, from 21-05-2004 to 01-01-2010
Philippe Boindrieux	Director, until 19-12-2006

Show all 21 people Show the first 12See the board, name and seat on a given date →

Structure & network

Owners and holdings

2 owners · 2 holdings

Owners 2

MEDIAHUIS

Sourceown accounts 2025 accounts MEDIAHUIS 2025

50%
RADIO NOSTALGIE S.A.S.FR

Sourceown accounts 2025

50%

Holdings 2

NGroup

Sourceown accounts 2025
Equity €560,000Result €0

50%+ 0% via subsidiaries
VLAANDEREN EEN

Sourceown accounts 2025 accounts VLAANDEREN EEN 2025
Equity €136,816Result -€1.2m

50%

According to the 2025 annual accounts of NOSTALGIE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

13 connected companies

Depth

Shared directors

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Linked via shared directors

AUDIOPRESSE

via Bruno François B. de Cartier d'Yves · Director

former→

EXCELLENT MULTI MEDIAS, INFORMATION SYSTEMS, LINKS AND NETWORKS FOR EXECUTIVES

via Bruno François B. de Cartier d'Yves · Permanent representative

former→

Fairtrade Belgium

via Bruno François B. de Cartier d'Yves · Director

former→

LA PRESSE.be-ALLIANCE DES MEDIAS D'INFORMATION

via Bruno François B. de Cartier d'Yves · Director

former→

Show 9 more companies with a shared director

Play Media

via Bruno François B. de Cartier d'Yves · Director

former→

RTL BELGIUM

via Bruno François B. de Cartier d'Yves · Director

former→

Vlaanderen Twee

via Bruno François B. de Cartier d'Yves · Director

former→

3TIEN

Shared director

→

Ads & Data

Shared director

→

ATRIAS

Shared director

→

COPIEPRESSE

Shared director

→

Groupe pour HEC-Ecole , Management School University of Liège

Shared director

→

Université de Namur

Shared director

→

Acquisitions and mergers

2 transactions

Took over:SOCARAD

State Gazette act of 10-06-2009 · effective 25-05-2009

Took over:TELE 6

State Gazette act of 10-06-2009 · effective 25-05-2009

Public money · subsidies and aid

Wallonia-Brussels Federation

2021 · 2 entries · 42,000 EUR in total

Year	Entries	paid
2021	2	42,000 EUR

Similar companies · same sector, comparable size

ORION CAPITAL BELGIUM

BE 0550.466.387

Hoeilaart · Eq €7.6m

VLAAMSE AUDIOVISUELE REGIE

BOOMERANG PIXEL COMPANY

BE 0876.678.971

Sint-Lambrechts-Woluwe · Eq €3.4m

Of 808 companies in sector 73120 we hold annual accounts for 281. 41 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPublic limited company

Founded19-12-1990

Fiscal year end31-12

Activities, NACEBEL 2025

60100Programming, broadcasting, news agency and other content distribution activities

73120Media representation

E-invoicing

Reachable via Peppol

Peppol ID 0208:0442436893

Also 9925:BE0442436893

Registered 24-12-2025

Scores and ratios are computed by Checked and are not a credit decision.