ACTIVE

Zentrum für Aus- und Weiterbildung des Mittelstandes

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Financial year 2025 · Closed on 31/12/2025

Net result-63,7 k €-4,2 %over 1 year

Gross margin2,1 M €+2,1 %over 1 year

Equity512,6 k €-12,9 %over 1 year

Workforce27,3 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

Zentrum für Aus- und Weiterbildung des Mittelstandes is a Non-profit organization incorporated in 1963. Its main activity is: Security and investigation activities. Its registered office is in Eupen. It employs on average 27,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0406.510.865
Incorporation: 08/11/1963
Legal form: Non-profit organization
Registered office: Rue de Verviers 73
4700 Eupen · WallonieSee on map
Latest accounts: 31/12/2025
Average workforce: 27,3 ETP

Activities (NACE)

80421Security and investigation activities· main 85592Other education n.e.c.85592Other education n.e.c.93053Sports activities and amusement and recreation activities 96099Other personal service activities n.e.c.96999Other personal service activities

Joint committees (1)

32902

Signals

Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 10 filings

Trend over 10 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,1 M €	+2.1%	2 M €	-6.4%	2,2 M €	+18.8%	1,8 M €	-4.1%	1,9 M €
EBITDA	-42,4 k €	+2.3%	-43,4 k €	-190%	-15 k €	-126%	56,9 k €	-71.3%	198,2 k €
Operating result	-96,5 k €	-10.8%	-87,1 k €	-32.4%	-65,8 k €	-739%	10,3 k €	-90.7%	110,3 k €
Net result	-63,7 k €	-4.2%	-61,2 k €	-23.5%	-49,5 k €	-349%	19,9 k €	-83.0%	117,2 k €
Balance sheet
Equity	512,6 k €	-12.9%	588,4 k €	-6.6%	629,8 k €	-0.9%	635,5 k €	+7.0%	593,7 k €
Total assets	1,2 M €	-28.2%	1,6 M €	+25.7%	1,3 M €	-4.6%	1,4 M €	-21.2%	1,7 M €
Cash	327,1 k €	-65.5%	947,6 k €	+125%	420,6 k €	+3.1%	407,9 k €	-41.2%	694,2 k €
Debts	336,6 k €	-8.9%	369,6 k €	+17.8%	313,8 k €	+8.0%	290,6 k €	-36.9%	460,3 k €
Other
Workforce	27,3 ETP	0.0%	27,3 ETP	-1.4%	27,7 ETP	+9.5%	25,3 ETP	+2.8%	24,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

16 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jürgen SCHRÖDER	Directorsince 29/04/2024
Gino DECOSTER	Directorsince 14/05/2025
Tom STEFFENS	Directorsince 04/09/2023
Kerstin RAUW	Directorsince 20/06/2022
Eric FONK	Director21/06/2021 → 21/06/2027
François STOFFELS	Director21/06/2021 → 21/06/2027Mandateended
Jürgen MAASSEN	Director21/06/2021 → 21/06/2027Mandateended
Karl-Heinz HUPPERTZ	Chairman of the board of directors21/06/2021 → 21/06/2027
Martina ADAMS	Director21/06/2021 → 21/06/2027
Michael JOHNEN	Director21/06/2021 → 21/06/2027Mandateended
Richard RINCK	Director21/06/2021 → 21/06/2027Mandateended
Siegfried MEYER	Director21/06/2021 → 21/06/2027
Stéphanie HANSEN	Director21/06/2021 → 21/06/2027Mandateended
Stephanie SONNET	Director21/06/2021 → 21/06/2027
Suzanne FUSS	Director21/06/2021 → 21/06/2027Mandateended
Volker KLINGES	Director21/06/2021 → 21/06/2027Mandateended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Danny HAVENITH	Director21/06/2021 → 21/06/2027
Ewald GANGOLF	Director21/06/2021 → 21/06/2027

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/07/2026	01/07/2025	02/07/2024	04/05/2023	27/07/2022	17/05/2021
General meeting	19/04/2026	14/05/2025	29/04/2024	24/04/2023	20/06/2022	29/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 10 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/04/2026	29/07/2026	German	PDF
Abridged model	31/12/2024	14/05/2025	01/07/2025	German	PDF
Abridged model	31/12/2023	29/04/2024	02/07/2024	German	PDF
Abridged model	31/12/2022	24/04/2023	04/05/2023	German	PDF
Abridged model	31/12/2021	20/06/2022	27/07/2022	German	PDF
Abridged model	31/12/2020	29/03/2021	17/05/2021	German	PDF
Abridged model	31/12/2019	23/03/2020	20/08/2020	German	PDF
Abridged model	31/12/2018	18/03/2019	20/08/2019	German	PDF
Abridged model	31/12/2017	26/03/2018	15/08/2018	French	PDF
Abridged model	31/12/2016	21/03/2017	21/12/2017	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

16 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jürgen SCHRÖDER	Directorsince 29/04/2024
Gino DECOSTER	Directorsince 14/05/2025
Tom STEFFENS	Directorsince 04/09/2023
Kerstin RAUW	Directorsince 20/06/2022
Eric FONK	Director21/06/2021 → 21/06/2027
François STOFFELS	Director21/06/2021 → 21/06/2027Mandateended
Jürgen MAASSEN	Director21/06/2021 → 21/06/2027Mandateended
Karl-Heinz HUPPERTZ	Chairman of the board of directors21/06/2021 → 21/06/2027
Martina ADAMS	Director21/06/2021 → 21/06/2027
Michael JOHNEN	Director21/06/2021 → 21/06/2027Mandateended
Richard RINCK	Director21/06/2021 → 21/06/2027Mandateended
Siegfried MEYER	Director21/06/2021 → 21/06/2027
Stéphanie HANSEN	Director21/06/2021 → 21/06/2027Mandateended
Stephanie SONNET	Director21/06/2021 → 21/06/2027
Suzanne FUSS	Director21/06/2021 → 21/06/2027Mandateended
Volker KLINGES	Director21/06/2021 → 21/06/2027Mandateended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Danny HAVENITH	Director21/06/2021 → 21/06/2027
Ewald GANGOLF	Director21/06/2021 → 21/06/2027

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates13/03/2026
ENTLASSUNG - ERNENNUNG
PDF
Mandates07/01/2025
ENTLASSUNG - ERNENNUNG
PDF
Mandates18/04/2024
ENTLASSUNG - ERNENNUNG
PDF
Mandates21/06/2023
ENTLASSUNG - ERNENNUNG
PDF
Mandates31/03/2023
ENTLASSUNG - ERNENNUNG
PDF
Restructuring19/07/2021
RUBRIK UMBAU (VERSCHMELZUNG, SPALTUNG, UEBERTRAGUNG VERMOEGEN, USW) - ENTLASSUNG - ERNENNUNG
PDF
Mandates30/12/2020
ENTLASSUNG - ERNENNUNG
PDF
Mandates28/08/2019
ENTLASSUNG - ERNENNUNG
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation1963

Name

Registered office

Annual accounts

Filings10 filings

Mandates

Gino DECOSTER

Jürgen SCHRÖDER

Tom STEFFENS

Kerstin RAUW

Suzanne FUSS

Richard RINCK

François STOFFELS

Stephanie SONNET

Stéphanie HANSEN

Siegfried MEYER

Karl-Heinz HUPPERTZ

Michael JOHNEN

and 8 more mandates

19661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027

Zentrum für Aus- und Weiterbildung des MittelstandesZentrum für Aus- und Weiterbildung des Mittelstandes Eupen

Rue de Verviers 73, 4700 Eupen

Director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de Verviers 73, 4700 EupenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00346516

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Zentrum für Aus- und Weiterbildung des MittelstandesCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00346516
Zentrum für Aus- und Weiterbildung des Mittelstandes Eupen	accounts 2016 → 2021	Accounts 2021 · 2022-20233787

Events

2025
Annual accounts 2025-63,7 k €↓
2024
Annual accounts 2024-61,2 k €↓
2023
Annual accounts 2023-49,5 k €↓
2022
Annual accounts 202219,9 k €↓
2022
Name changeZentrum für Aus- und Weiterbildung des Mittelstandes
2021
Annual accounts 2021117,2 k €↑
2020
Annual accounts 202061,6 k €↓
2019
Annual accounts 201992 k €↑
2018
Annual accounts 2018-171 k €↓
2017
Annual accounts 2017-164,5 k €↓
2016
Annual accounts 2016-5,5 k €
08/11/1963
IncorporationNon-profit organization

Zentrum für Aus- und Weiterbildung des Mittelstandes

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events