OPENING OF BANKRUPTCY

EUROPEAN INSTITUTE FOR ADVANCED STUDIES IN MANAGEMENT

Company — Opening of bankruptcy.

Financial year 2024 · Closed on 31/12/2024

Net result-92,8 k €+28,5 %over 1 year
Gross margin769,7 k €+17,9 %over 1 year
Equity458,3 k €-16,8 %over 1 year
Workforce6,2 ETP-4,6 %over 1 year

Identity

Source · BCE/KBO

EUROPEAN INSTITUTE FOR ADVANCED STUDIES IN MANAGEMENT is a International non-profit organization incorporated in 1971. Its main activity is: Office administrative and support activities. Its registered office is in Bruxelles. It employs on average 6,2 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0408.258.746
Incorporation
13/04/1971
Legal form
International non-profit organization
Registered office
Rue du Fossé aux Loups 38 box 3
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2024
Average workforce
6,2 ETP
Joint committees (1)
  • 337
Signals
Solid equityGood liquidityHealthy social debts

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20242023202120202019
Income statement
Gross margin769,7 k €652,6 k €743,1 k €675,3 k €774,3 k €
EBITDA-35,2 k €-152 k €-39,4 k €-171,4 k €-84,4 k €
Operating result-51,8 k €-127,5 k €-43,1 k €-126 k €-148 k €
Net result-92,8 k €-129,9 k €-14,3 k €-106,4 k €-155,9 k €
Balance sheet
Equity458,3 k €551,1 k €714,1 k €728,4 k €834,9 k €
Total assets852,7 k €889,9 k €1,2 M €1,2 M €1,2 M €
Cash79 k €198,6 k €401,3 k €404,2 k €335,8 k €
Debts142 k €173,5 k €249,6 k €309,4 k €112,7 k €
Other
Workforce6,2 ETP6,5 ETP7,4 ETP7,9 ETP8,4 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 7 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Gerardine Doyle
Chairman of the board of directorssince 10/09/2020
Jérôme Chabanne-Rive
Directorsince 10/09/2020

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Gerardine Doyle
Directorsince 10/09/2020
Chris Chapman
Chairman of the board of directors
Chris Chapman
Director
Gerardine Doyle
Chairman of the board of directors

Other companies at this address

Rue du Fossé aux Loups 38 1000 Bruxelles
CompanyCBE no.
0408.948.139
C.M.D.D.● Active
0433.535.263
0686.851.555
ELBANI● Liquidation
0525.834.129
0896.648.994
Groep Dom● Bankrupt
0808.795.502
KOBAU● Bankrupt
0833.025.112
LAGAE JP&E● Active
0443.689.480
NIMAJIMPA● Active
0475.353.646
ORYS● Active
0692.574.753
0848.073.176
POEET CONSTRUCT● Bankrupt
0889.917.095
VOSSEMEREN● Bankrupt
0473.687.721
0682.624.731
VOSSEMEREN GROUP● Bankrupt
0695.988.460
0851.811.438

Full financial information

Source · NBB
202420232021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202431/12/202331/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/03/202608/10/202402/11/202229/09/202118/09/202028/10/2019
General meeting26/08/202512/04/202422/06/202213/04/202128/04/202030/04/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202426/08/202510/03/2026FrenchPDF
Abridged model31/12/202312/04/202408/10/2024FrenchPDF
Abridged model31/12/202122/06/202202/11/2022EnglishPDF
Abridged model31/12/202013/04/202129/09/2021FrenchPDF
Abridged model31/12/201928/04/202018/09/2020FrenchPDF
Abridged model31/12/201830/04/201928/10/2019FrenchPDF
Abridged model31/12/201706/04/201827/07/2018DutchPDF
Abridged model31/12/201604/04/201704/09/2017DutchPDF

Indicative valuation

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.

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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 31/12/2024

2 active · 7 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Gerardine Doyle
Chairman of the board of directorssince 10/09/2020
Jérôme Chabanne-Rive
Directorsince 10/09/2020

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Gerardine Doyle
Directorsince 10/09/2020
Chris Chapman
Chairman of the board of directors
Chris Chapman
Director
Gerardine Doyle
Chairman of the board of directors

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates02/04/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/04/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/11/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/01/2024
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates27/10/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office23/03/2022
    SIEGE SOCIAL
    PDF
  • Mandates08/03/2022
    DEMISSIONS, NOMINATIONS
    PDF

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

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Timeline

  1. 2024
    Annual accounts 2024-92,8 k €↑
  2. 2023
    Annual accounts 2023-129,9 k €↓
  3. 2021
    Annual accounts 2021-14,3 k €↑
  4. 2020
    Annual accounts 2020-106,4 k €↑
  5. 2019
    Annual accounts 2019-155,9 k €↓
  6. 2018
    Annual accounts 2018-57,9 k €↓
  7. 2017
    Annual accounts 201715,9 k €↓
  8. 2016
    Annual accounts 201631,9 k €
  9. 13/04/1971
    IncorporationInternational non-profit organization

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue du Fossé aux Loups 38 bte 3, 1000 BrusselsCurrent
CBE, tracked since 27/09/2026
CBE
Rue Fossé aux Loups 38/3, 1000 Brussels
accounts 2024
Accounts 2024 · 2026-00051902
Rue Fossé aux Loups 38 bte 3, 1000 Brussels
accounts 2021 → 2023
Accounts 2023 · 2024-00501026

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
EUROPEAN INSTITUTE FOR ADVANCED STUDIES IN MANAGEMENTCurrent
CBE, tracked since 27/09/2026
CBE
EIASM
accounts 2021 → 2024
Accounts 2024 · 2026-00051902

Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.