ACTIVE

World Steel Association

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Financial year 2025 · Closed on 31/12/2025

Net result-571,5 k €-161,8 %over 1 year

Revenue16 M €+7,4 %over 1 year

Equity11,8 M €-4,6 %over 1 year

Workforce30,2 ETP+1,3 %over 1 year

Identity

Source · BCE/KBO

World Steel Association is a International non-profit organization incorporated in 1967. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Woluwe-Saint-Pierre. It employs on average 30,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0406.597.373
Incorporation: 10/07/1967
Legal form: International non-profit organization
Registered office: Avenue de Tervueren 270
1150 Woluwe-Saint-Pierre · BruxellesSee on map
Latest accounts: 31/12/2025
Average workforce: 30,2 ETP

Activities (NACE)

91110Libraries, archives, museums and other cultural activities· main 94110Activities of business and employers membership organisations 94110Activities of business and employers membership organisations

Joint committees (1)

Signals

Solid equityLow riskGood liquidityHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	16 M €	+7.4%	14,9 M €	-5.7%	15,8 M €	+4.2%	15,1 M €	+5.4%	14,4 M €
EBITDA	-403,7 k €	-138%	1,1 M €	-32.3%	1,6 M €	+127%	690,7 k €	-2.6%	709,4 k €
Operating result	-695,7 k €	-203%	676,8 k €	-27.4%	932,7 k €	+55.8%	598,8 k €	+111%	283,2 k €
Net result	-571,5 k €	-162%	924,7 k €	-14.2%	1,1 M €	+97.9%	544,7 k €	+171%	201,3 k €
Balance sheet
Equity	11,8 M €	-4.6%	12,4 M €	+8.1%	11,4 M €	+10.4%	10,4 M €	+5.5%	9,8 M €
Total assets	16,4 M €	-0.2%	16,5 M €	+9.4%	15,1 M €	+9.9%	13,7 M €	+4.2%	13,2 M €
Cash	2,7 M €	-17.5%	3,3 M €	+120%	1,5 M €	-49.1%	2,9 M €	+70.8%	1,7 M €
Debts	3,4 M €	+27.4%	2,7 M €	+7.1%	2,5 M €	-1.9%	2,5 M €	+2.7%	2,5 M €
Other
Workforce	30,2 ETP	+1.3%	29,8 ETP	+4.6%	28,5 ETP	-6.2%	30,4 ETP	-6.7%	32,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 29 ended

Active mandates

Abdulqader Abdulrahman Alshikhmubarak

Director · since 01 octobre 2025 · until 01 octobre 2026

Active

Mark Vassella

Director · since 01 octobre 2025 · until 01 octobre 2026

Active

Thachat Viswanath Narendran

Director · since 01 octobre 2025 · until 01 octobre 2026

Active

Ugur Dalbeler

Chairman of the board of directors · since 01 octobre 2025 · until 01 octobre 2026

Active

Leon Topalian

Director · since 01 octobre 2024 · until 01 octobre 2025

Active

Akihiko Inoue

Director · since 23 mai 2024 · until 08 avril 2025

Active

Ended mandates

Mark Vassella

Director · since 01 octobre 2024 · until 01 octobre 2025

Ended

Thachat Viswanath Narendran

Chairman of the board of directors · since 01 octobre 2024 · until 01 octobre 2025

Ended

Ugur Dalbeler

Director · since 01 octobre 2024 · until 01 octobre 2025

Ended

Akihiko Inoue

Director · since 23 mai 2024 · until 01 octobre 2025

Ended

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Avenue de Tervueren 270 1150 Woluwe-Saint-Pierre

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BEIRESTONE 1● Active	0759.959.564
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Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	23/04/2026	05/05/2025	15/04/2024	20/04/2023	26/04/2022	14/10/2021
General meeting	14/04/2026	08/04/2025	09/04/2024	18/04/2023	12/04/2022	12/10/2021
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, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	14/04/2026	23/04/2026	Dutch	PDF
Full model	31/12/2024	08/04/2025	05/05/2025	Dutch	PDF
Full model	31/12/2023	09/04/2024	15/04/2024	Dutch	PDF
Full model	31/12/2022	18/04/2023	20/04/2023	Dutch	PDF
Full model	31/12/2021	12/04/2022	26/04/2022	Dutch	PDF
Full model	31/12/2020	12/10/2021	14/10/2021	Dutch	PDF
Full model	31/12/2019	07/10/2020	16/10/2020	Dutch	PDF
Full model	31/12/2018	15/10/2019	16/10/2019	Dutch	PDF
Full model	31/12/2017	15/10/2018	16/10/2018	Dutch	PDF
Full model	31/12/2016	16/10/2017	18/10/2017	Dutch	PDF
Full model	31/12/2015	10/10/2016	14/10/2016	Dutch	PDF
Full model	31/12/2014	12/10/2015	13/10/2015	Dutch	PDF
Full model	31/12/2013	06/10/2014	07/10/2014	Dutch	PDF
Full model	31/12/2012	07/10/2013	11/10/2013	Dutch	PDF
Full modelCorrection	31/12/2011	09/10/2012	20/03/2013	Dutch	PDF
Full modelCorrection	31/12/2011	09/10/2012	22/02/2013	Dutch	PDF
Full model	31/12/2011	09/10/2012	13/02/2013	Dutch	PDF
Full model	31/12/2010	11/10/2011	11/02/2013	Dutch	PDF
Full model	31/12/2009	03/10/2010	11/02/2013	French	PDF
Full model	31/12/2008	11/10/2009	26/11/2009	French	PDF
Full model	31/12/2007	05/10/2008	26/11/2009	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

6 active · 29 ended

Active mandates

Abdulqader Abdulrahman Alshikhmubarak

Director · since 01 octobre 2025 · until 01 octobre 2026

Active

Mark Vassella

Director · since 01 octobre 2025 · until 01 octobre 2026

Active

Thachat Viswanath Narendran

Director · since 01 octobre 2025 · until 01 octobre 2026

Active

Ugur Dalbeler

Chairman of the board of directors · since 01 octobre 2025 · until 01 octobre 2026

Active

Leon Topalian

Director · since 01 octobre 2024 · until 01 octobre 2025

Active

Akihiko Inoue

Director · since 23 mai 2024 · until 08 avril 2025

Active

Ended mandates

Mark Vassella

Director · since 01 octobre 2024 · until 01 octobre 2025

Ended

Thachat Viswanath Narendran

Chairman of the board of directors · since 01 octobre 2024 · until 01 octobre 2025

Ended

Ugur Dalbeler

Director · since 01 octobre 2024 · until 01 octobre 2025

Ended

Akihiko Inoue

Director · since 23 mai 2024 · until 01 octobre 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates21/01/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates24/09/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates12/12/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates30/01/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates02/03/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates23/12/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates11/12/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates02/03/2020
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025-571,5 k €↓
2024
Annual accounts 2024924,7 k €↓
2023
Annual accounts 20231,1 M €↑
2022
Annual accounts 2022544,7 k €↑
2021
Annual accounts 2021201,3 k €↓
2020
Annual accounts 20201 M €↑
2019
Annual accounts 2019-348 k €↑
2018
Annual accounts 2018-851,2 k €↓
2017
Annual accounts 2017553,8 k €↑
2016
Annual accounts 2016337,6 k €↑
2015
Annual accounts 2015-66,6 k €↑
2014
Annual accounts 2014-311,6 k €↓
2013
Annual accounts 2013429 k €↑
2012
Annual accounts 2012-186,9 k €↓
2011
Annual accounts 2011584 k €↑
2010
Annual accounts 201038,9 k €↓
2009
Annual accounts 2009671,3 k €↑
2008
Annual accounts 2008-521,6 k €↓
2007
Annual accounts 2007641,4 k €
10/07/1967
IncorporationInternational non-profit organization

World Steel Association

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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