EUROPEAN COMMUNITY SHIPOWNER'S ASSOCIATIONS
0412.902.571 · rovalta.com · 27/09/2026
ACTIVE
EUROPEAN COMMUNITY SHIPOWNER'S ASSOCIATIONS
Financial year 2025 · Closed on 31/12/2025
Net result26,9 k €-90,2 %over 1 year
Gross margin1,4 M €-3,8 %over 1 year
Equity2,8 M €+1,0 %over 1 year
Workforce11,9 ETP+14,4 %over 1 year
Overview
Identity
Source · BCE/KBOEUROPEAN COMMUNITY SHIPOWNER'S ASSOCIATIONS is a Non-profit organization incorporated in 1973. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Bruxelles. It employs on average 11,9 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0412.902.571
- Incorporation
- 17/01/1973
- Legal form
- Non-profit organization
- Registered office
- Boulevard du Régent 43-44
1000 Bruxelles · BruxellesSee on map - Latest accounts
- 31/12/2025
- Average workforce
- 11,9 ETP
Activities (NACE)
91110Libraries, archives, museums and other cultural activities· main91120Libraries, archives, museums and other cultural activities94110Activities of business and employers membership organisations94110Activities of business and employers membership organisations94120Activities of professional membership organisations94120Activities of professional membership organisations
Joint committees (1)
- 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 20 filingsTrend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 1,4 M € | -3.8% | 1,5 M € | -35.2% | 2,3 M € | +73.5% | 1,3 M € | +10.2% | 1,2 M € |
| EBITDA | 52,7 k € | -81.7% | 287,8 k € | -75.6% | 1,2 M € | +250% | 336,6 k € | +1457% | 21,6 k € |
| Operating result | -1,4 k € | -101% | 236,9 k € | -79.1% | 1,1 M € | +277% | 301,1 k € | +944% | 28,9 k € |
| Net result | 26,9 k € | -90.2% | 274,7 k € | -76.0% | 1,1 M € | +287% | 296,5 k € | +1027% | 26,3 k € |
| Balance sheet | |||||||||
| Equity | 2,8 M € | +1.0% | 2,7 M € | +11.1% | 2,5 M € | +86.6% | 1,3 M € | +28.9% | 1 M € |
| Total assets | 3,2 M € | +1.7% | 3,1 M € | +10.3% | 2,8 M € | +71.8% | 1,6 M € | +9.3% | 1,5 M € |
| Cash | 1,5 M € | -0.9% | 1,5 M € | +6.7% | 1,4 M € | +52.2% | 909,5 k € | +25.8% | 722,9 k € |
| Debts | 307,7 k € | -13.0% | 353,8 k € | +13.9% | 310,7 k € | +10.8% | 280,5 k € | -33.8% | 423,5 k € |
| Other | |||||||||
| Workforce | 11,9 ETP | +14.4% | 10,4 ETP | +13.0% | 9,2 ETP | 0.0% | 9,2 ETP | -11.5% | 10,4 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/202525 active · 82 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Arnt VESPERMANN | Director | ||
Björn BLOMQVIST | Director | ||
Boris VIDMAR | Director | ||
Christian CIGRANG | Director | ||
David KRISTENSSON | Director | ||
Elise NASSAR | Director | ||
Guiseppe OLIVERI | Director | ||
Harald FOTLAND | Director | ||
Igor BUDISAVLJEVIC | Director | ||
Jan VALKIER | Director | ||
Juan RIVA | Director | ||
Kadri LAND | Director | ||
Karen ORSEL | Chairman of the board of directors | ||
Ludwig CRIEL | Director | ||
Marcin TALWIK | Director | ||
Marily FRANGISTA | Director | ||
Mario ZANETTI | Director | ||
Mikki KOSKINEN | Vice-chairman of the board of directors | ||
Nicolaos HADJIOANNOU | Director | ||
Nikolaos VENIAMIS | Director | ||
Philippe LOUIS-DREYFUS | Director | ||
Rui RAPOSO | Director | ||
Sotirios RAPTIS | Director | ||
Torben CARLSEN | Director | ||
Vytautas LYGNUGARIS | Director |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Boris VIDMAR | Director | since 26/06/2019 | |
Claes BERGLUND | Chairman of the board of directors | since 26/06/2019 | |
Giuseppe OLIVERI | Director | since 26/06/2019 | |
Philippos PHILIS | Vice-chairman of the board of directors | since 26/06/2019 |
Other companies at this address
Boulevard du Régent 43-44 1000 Bruxelles| Company | CBE no. |
|---|---|
CONNECT EUROPE● Active | 0448.199.881 |
| 0864.611.379 | |
L'Entente● Active | 0687.905.093 |
| 0689.711.273 | |
| 0795.499.077 |
Financials
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 | 01/07/2026 | 26/08/2025 | 09/07/2024 | 25/08/2023 | 31/08/2022 | 24/08/2021 |
| General meeting | 17/06/2026 | 25/06/2025 | 19/06/2024 | 30/06/2023 | 30/06/2022 | 29/06/2021 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 17/06/2026 | 01/07/2026 | French | |
| Abridged model | 31/12/2024 | 25/06/2025 | 26/08/2025 | French | |
| Abridged model | 31/12/2023 | 19/06/2024 | 09/07/2024 | French | |
| Abridged model | 31/12/2022 | 30/06/2023 | 25/08/2023 | French | |
| Abridged model | 31/12/2021 | 30/06/2022 | 31/08/2022 | French | |
| Abridged model | 31/12/2020 | 29/06/2021 | 24/08/2021 | French | |
| Abridged model | 31/12/2019 | 18/06/2020 | 30/10/2020 | French | |
| Abridged model | 31/12/2018 | 26/06/2019 | 18/05/2020 | French | |
| Abridged model | 31/12/2017 | 04/10/2018 | 28/03/2019 | French | |
| Abridged model | 31/12/2016 | 09/10/2017 | 13/09/2018 | French | |
| Abridged model | 31/12/2015 | 06/10/2016 | 13/09/2018 | French | |
| Abridged model | 31/12/2014 | 30/06/2015 | 30/06/2017 | French | |
| Abridged model | 31/12/2013 | 30/06/2014 | 30/06/2017 | French | |
| Abridged model | 31/12/2012 | 30/06/2013 | 30/06/2017 | French | |
| Abridged model | 31/12/2011 | 30/06/2012 | 30/06/2017 | French | |
| Abridged model | 31/12/2010 | 30/06/2011 | 27/05/2014 | French | |
| Abridged model | 31/12/2009 | 30/06/2010 | 27/05/2014 | French | |
| Abridged model | 31/12/2008 | 29/06/2009 | 27/05/2014 | French | |
| Abridged model | 31/12/2007 | 20/06/2008 | 27/05/2014 | French | |
| Abridged model | 31/12/2006 | 15/06/2007 | 05/10/2007 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 5 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/202525 active · 82 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Arnt VESPERMANN | Director | ||
Björn BLOMQVIST | Director | ||
Boris VIDMAR | Director | ||
Christian CIGRANG | Director | ||
David KRISTENSSON | Director | ||
Elise NASSAR | Director | ||
Guiseppe OLIVERI | Director | ||
Harald FOTLAND | Director | ||
Igor BUDISAVLJEVIC | Director | ||
Jan VALKIER | Director | ||
Juan RIVA | Director | ||
Kadri LAND | Director | ||
Karen ORSEL | Chairman of the board of directors | ||
Ludwig CRIEL | Director | ||
Marcin TALWIK | Director | ||
Marily FRANGISTA | Director | ||
Mario ZANETTI | Director | ||
Mikki KOSKINEN | Vice-chairman of the board of directors | ||
Nicolaos HADJIOANNOU | Director | ||
Nikolaos VENIAMIS | Director | ||
Philippe LOUIS-DREYFUS | Director | ||
Rui RAPOSO | Director | ||
Sotirios RAPTIS | Director | ||
Torben CARLSEN | Director | ||
Vytautas LYGNUGARIS | Director |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Boris VIDMAR | Director | since 26/06/2019 | |
Claes BERGLUND | Chairman of the board of directors | since 26/06/2019 | |
Giuseppe OLIVERI | Director | since 26/06/2019 | |
Philippos PHILIS | Vice-chairman of the board of directors | since 26/06/2019 |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Other26/06/2025DIVERSEN
- Other16/08/2023DIVERSEN
- Mandates15/12/2022ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates10/12/2021DEMISSIONS, NOMINATIONS
- Registered office24/11/2021SIEGE SOCIAL
- Mandates26/02/2020DEMISSIONS, NOMINATIONS
- Mandates12/11/2018DEMISSIONS, NOMINATIONS
- Mandates20/11/2017DEMISSIONS, NOMINATIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202526,9 k €↓
- 2024Annual accounts 2024274,7 k €↓
- 2023Annual accounts 20231,1 M €↑
- 2022Annual accounts 2022296,5 k €↑
- 2022Name changeEUROPEAN COMMUNITY SHIPOWNER'S ASSOCIATIONS
- 2021Annual accounts 202126,3 k €↑
- 2020Annual accounts 2020-14,5 k €↑
- 2019Annual accounts 2019-132,1 k €↓
- 2018Annual accounts 2018-48,3 k €↑
- 2017Annual accounts 2017-361,1 k €↓
- 2016Annual accounts 2016361,4 €↑
- 2015Annual accounts 2015-46,7 k €↓
- 2014Annual accounts 20141,1 k €↓
- 2013Annual accounts 20134,1 k €↓
- 2012Annual accounts 201280,4 k €↓
- 2011Annual accounts 2011194,3 k €↑
- 2010Annual accounts 201086,7 k €↓
- 2009Annual accounts 2009219,9 k €↓
- 2008Annual accounts 2008288,2 k €↑
- 2007Annual accounts 200755,6 k €
- 17/01/1973IncorporationNon-profit organization
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Boulevard du Régent 43-44, 1000 BrusselsCurrent | accounts 2022 → 2025 · CBE, tracked since 27/09/2026 | Accounts 2025 · 2026-00237872 |
| Bd du Régent 43-44, 1000 Brussels | accounts 2021 | Accounts 2021 · 2022-20410839 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| EUROPEAN COMMUNITY SHIPOWNER'S ASSOCIATIONSCurrent | accounts 2022 → 2025 · CBE, tracked since 27/09/2026 | Accounts 2025 · 2026-00237872 |
| EUROPEAN COMMUNITY SHIPOWNER'S ASSOCIATIONS (ECSA) | accounts 2021 | Accounts 2021 · 2022-20410839 |
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.