ACTIVE

Centre d'études et de recherches urbaines

Financial year 2025 · Closed on 31/12/2025

Net result-72,3 k €-200,3 %over 1 year
Gross margin-20,8 k €-114,5 %over 1 year
Equity101,9 k €-41,5 %over 1 year

Identity

Source · BCE/KBO

Centre d'études et de recherches urbaines is a Non-profit organization incorporated in 1975. Its main activity is: Architectural activities. Its registered office is in Saint-Gilles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0415.674.593
Incorporation
16/12/1975
Legal form
Non-profit organization
Registered office
Rue Guillaume Tell 57 box 2
1060 Saint-Gilles · BruxellesSee on map
Latest accounts
31/12/2025
Joint committees (1)
  • 336
Signals
Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin-20,8 k €143,7 k €-1,4 k €-1,3 k €-1,3 k €
EBITDA-66,1 k €101,6 k €-1,4 k €-1,3 k €-2,6 k €
Operating result-71,5 k €72,2 k €-1,4 k €-1,3 k €-2,9 k €
Net result-72,3 k €72,1 k €-1,5 k €-1,4 k €-9 k €
Balance sheet
Equity101,9 k €174,2 k €102,1 k €103,6 k €105 k €
Total assets164,1 k €278,1 k €102,6 k €103,6 k €108,5 k €
Cash100,3 k €68,9 k €44,2 k €44,5 k €49,1 k €
Debts60,8 k €61,3 k €472,3 €–3,4 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

10 active · 12 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Catherine De Zuttere
Director09/06/2026 → 09/06/2029
00
Vincent Carton de Tournai
Director10/06/2025 → 10/06/2028
00
Yannik Rihoux
Director10/06/2025 → 10/06/2028
Adèle Jacot-Guillarmod
Director11/06/2024 → 11/06/2027
000
Christian Frisque
Director11/06/2024 → 11/06/2027
00
Isabelle Palmitessa
Director11/06/2024 → 11/06/2027
Marie Demanet
Director11/06/2024 → 11/06/2027
000
Xavier Van Der Kelen
Director11/06/2024 → 11/06/2027
Xavier Guilmin
Personne déléguée à la gestion journalièresince 01/04/2024
Anthony Orhant
Director20/06/2023 → 09/06/2026

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Anthony Orhant
Director20/06/2023 → 20/06/2026
Catherine De Zuttere
Director20/06/2023 → 20/06/2026
00
CATHERINE DE ZUTTERE
Director
00
CHRISTIAN FRIQUE
Managing director

Other companies at this address

Rue Guillaume Tell 57 1060 Saint-Gilles
CompanyCBE no.
0778.469.342
0541.906.435

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/07/202604/09/202517/07/202418/07/202329/06/202224/06/2021
General meeting09/06/202610/06/202511/06/202420/06/202313/06/202214/06/2021
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202509/06/202606/07/2026FrenchPDF
Micro model31/12/202410/06/202504/09/2025FrenchPDF
Abridged model31/12/202311/06/202417/07/2024FrenchPDF
Abridged model31/12/202220/06/202318/07/2023FrenchPDF
Abridged model31/12/202113/06/202229/06/2022FrenchPDF
Abridged model31/12/202014/06/202124/06/2021FrenchPDF
Abridged model31/12/201921/06/202010/07/2020FrenchPDF
Abridged model31/12/201817/06/201919/07/2019FrenchPDF
Abridged model31/12/201726/06/201812/07/2018FrenchPDF
Abridged model31/12/201623/06/201725/07/2017FrenchPDF
Abridged model31/12/201520/06/201618/09/2016FrenchPDF
Abridged model31/12/201422/06/201521/08/2015FrenchPDF
Abridged model31/12/201329/06/201431/07/2014FrenchPDF
Abridged model31/12/201224/06/201330/07/2013FrenchPDF
Abridged model31/12/201120/06/201203/08/2012FrenchPDF
Abridged model31/12/201027/06/201104/07/2011FrenchPDF
Abridged model31/12/200904/06/201025/06/2010FrenchPDF
Abridged model31/12/200805/06/200911/06/2009FrenchPDF
Abridged model31/12/200729/06/200824/09/2008FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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

10 active · 12 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Catherine De Zuttere
Director09/06/2026 → 09/06/2029
00
Vincent Carton de Tournai
Director10/06/2025 → 10/06/2028
00
Yannik Rihoux
Director10/06/2025 → 10/06/2028
Adèle Jacot-Guillarmod
Director11/06/2024 → 11/06/2027
000
Christian Frisque
Director11/06/2024 → 11/06/2027
00
Isabelle Palmitessa
Director11/06/2024 → 11/06/2027
Marie Demanet
Director11/06/2024 → 11/06/2027
000
Xavier Van Der Kelen
Director11/06/2024 → 11/06/2027
Xavier Guilmin
Personne déléguée à la gestion journalièresince 01/04/2024
Anthony Orhant
Director20/06/2023 → 09/06/2026

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Anthony Orhant
Director20/06/2023 → 20/06/2026
Catherine De Zuttere
Director20/06/2023 → 20/06/2026
00
CATHERINE DE ZUTTERE
Director
00
CHRISTIAN FRIQUE
Managing director

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other17/07/2026
    Renouvellement partiel du Conseil d'administration
    PDF
  • Mandates30/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/04/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other04/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates14/09/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/08/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/03/2022
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-72,3 k €↓
  2. 2024
    Annual accounts 202472,1 k €↑
  3. 2024
    Name changeERU ASBL
  4. 2023
    Annual accounts 2023-1,5 k €↓
  5. 2022
    Annual accounts 2022-1,4 k €↑
  6. 2021
    Annual accounts 2021-9 k €↓
  7. 2020
    Annual accounts 20204,6 k €↓
  8. 2019
    Annual accounts 201914,8 k €↑
  9. 2018
    Annual accounts 2018283 €↓
  10. 2017
    Annual accounts 201737,8 k €↑
  11. 2016
    Annual accounts 2016-18,6 k €↓
  12. 2015
    Annual accounts 2015-16,6 k €↓
  13. 2014
    Annual accounts 20144,7 k €↑
  14. 2013
    Annual accounts 2013-84,9 k €↓
  15. 2012
    Annual accounts 201251,5 k €↑
  16. 2011
    Annual accounts 201110,3 k €↓
  17. 2010
    Annual accounts 201029,9 k €↑
  18. 2009
    Annual accounts 20095,3 k €↑
  19. 2008
    Annual accounts 2008483,2 €↓
  20. 2007
    Annual accounts 20073,8 k €
  21. 16/12/1975
    IncorporationNon-profit organization

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue Guillaume Tell 57 bte 2, 1060 Saint-GillesCurrent
CBE, tracked since 27/09/2026
CBE
Rue Guillaume Tell 57/2, 1060 Saint-Gilles
accounts 2025
Accounts 2025 · 2026-00265039
Rue Guillaume Tell 57 bte 2, 1060 Saint-Gilles
accounts 2021 → 2024
Accounts 2024 · 2025-00482940

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Centre d'études et de recherches urbainesCurrent
CBE, tracked since 27/09/2026
CBE
ERU ASBL
accounts 2024 → 2025
Accounts 2025 · 2026-00265039
Centre d'études et de recherches urbaines
accounts 2021 → 2023
Accounts 2023 · 2024-00263589

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.