ACTIVE

Euler Hermes Services Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result632,4 k €-57,3 %over 1 year
Revenue10,1 M €+4,5 %over 1 year
Equity2,4 M €0,0 %over 1 year
Workforce6,8 ETP+15,3 %over 1 year

Identity

Source · BCE/KBO

Euler Hermes Services Belgium is a Public limited company incorporated in 1983. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles. It employs on average 6,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0425.411.910
Incorporation
22/12/1983
Legal form
Public limited company
Registered office
Avenue des Arts 56
1000 Bruxelles · BruxellesSee on map
Contributed capital
2 000 000,00 €
Latest accounts
31/12/2025
Average workforce
6,8 ETP
Joint committees (3)
  • 200
  • 218
  • 306
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 23 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue10,1 M €9,6 M €8,2 M €7,7 M €7,3 M €
EBITDA1,1 M €1,6 M €924,1 k €923,8 k €1,1 M €
Operating result1,1 M €1,8 M €855 k €932 k €1,1 M €
Net result632,4 k €1,5 M €408,2 k €703,5 k €884 k €
Balance sheet
Equity2,4 M €2,4 M €2,2 M €2,2 M €2,2 M €
Total assets4,9 M €5,7 M €4,3 M €4,5 M €4,3 M €
Cash32,9 k €25 €–––
Debts2,5 M €3,3 M €1,7 M €2,1 M €1,8 M €
Other
Workforce6,8 ETP5,9 ETP5,5 ETP6,9 ETP7,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 45 ended

Active mandates

Cristina-Nicoleta OLTEANU

Director · since 01 septembre 2025 · until 12 mai 2027

Active
Maxime LAURENT

Director · since 01 janvier 2025 · until 13 mai 2026

Active
Eduard GOOS

Director · since 10 mai 2023 · until 13 mai 2026

Active
Jan Jacob Joost VAN OS

Director · since 15 septembre 2021 · until 12 mai 2027

Active

Ended mandates

Carmen-Sorina EREMIA

Director · since 05 janvier 2022 · until 10 mai 2024

Ended
Carmen-Sorina EREMIA

Director · since 05 janvier 2022 · until 12 mai 2027

Ended
Carmen-Sorina EREMIA

Director · since 05 janvier 2022

Ended
Jan Jacob Joost VAN OS

Director · since 15 septembre 2021 · until 10 mai 2024

Ended

Other companies at this address

Avenue des Arts 56 1000 Bruxelles
CompanyCBE no.
ABC BRICO● Active
0681.444.992
ABCOOL SERVICE● Active
0769.748.646
ABRI PLUS● Active
0451.483.530
Accor Asia● Active
0466.569.208
ACCOR HOTELS BELGIUM● Active
0413.483.185
ACTIMO CONSULTING● Active
0866.746.369
AGROFROST● Active
0474.763.431
Air conditioning and Refrigeration European Association● Active
0440.154.920
AJ MANAGEMENT● Bankrupt
0787.796.188
Alliuris, Alliance of International Business Lawyers● Active
0869.476.425
ALOHA● Active
0711.768.677
Ambassade d`Australie● Active
0850.074.643
AMBASSADEUR DE LA MISSION DIPLOMATIQUE AUSTRALIENNE● Active
0850.193.914
American Chamber of Commerce to the European Union● Active
0862.178.560
AMSET● Active
0829.315.455
Antwerp Transport Solutions● Bankrupt
0630.871.370
AOA CONSULTING● Active
0899.777.839
APPLIED TECHNOLOGIES CONSULTANTS● Active
0679.998.209
A & P TEAM● Active
0888.903.842
AQUA TROPICAL LIFE LOCATION● Active
0450.760.978

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date26/05/202618/06/202527/05/202408/06/202308/06/202220/07/2021
General meeting13/05/202614/05/202508/05/202410/05/202311/05/202221/06/2021
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, 23 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202513/05/202626/05/2026FrenchPDF
Full model31/12/202414/05/202518/06/2025FrenchPDF
Full model31/12/202308/05/202427/05/2024FrenchPDF
Full model31/12/202210/05/202308/06/2023FrenchPDF
Full modelCorrection31/12/202111/05/202221/12/2022FrenchPDF
Full model31/12/202111/05/202208/06/2022FrenchPDF
Full model31/12/202021/06/202120/07/2021FrenchPDF
Full model31/12/201913/05/202017/06/2020FrenchPDF
Full model31/12/201812/06/201908/07/2019FrenchPDF
Full model31/12/201729/05/201806/06/2018FrenchPDF
Full model31/12/201610/05/201727/06/2017FrenchPDF
Full model31/12/201511/05/201609/06/2016FrenchPDF
Full model31/12/201413/05/201510/06/2015FrenchPDF
Full model31/12/201326/02/201403/07/2014FrenchPDF
Full model31/12/201229/05/201306/08/2013FrenchPDF
Full modelCorrection31/12/201109/05/201207/03/2013FrenchPDF
Full model31/12/201109/05/201210/08/2012FrenchPDF
Full model31/12/201001/06/201130/08/2011FrenchPDF
Full modelCorrection31/12/200901/06/201016/05/2011FrenchPDF
Full model31/12/200901/06/201017/08/2010FrenchPDF
Full model31/12/200813/05/200911/08/2009FrenchPDF
Full model31/12/200714/05/200825/08/2008FrenchPDF
Full model31/12/200609/05/200708/08/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

4 active · 45 ended

Active mandates

Cristina-Nicoleta OLTEANU

Director · since 01 septembre 2025 · until 12 mai 2027

Active
Maxime LAURENT

Director · since 01 janvier 2025 · until 13 mai 2026

Active
Eduard GOOS

Director · since 10 mai 2023 · until 13 mai 2026

Active
Jan Jacob Joost VAN OS

Director · since 15 septembre 2021 · until 12 mai 2027

Active

Ended mandates

Carmen-Sorina EREMIA

Director · since 05 janvier 2022 · until 10 mai 2024

Ended
Carmen-Sorina EREMIA

Director · since 05 janvier 2022 · until 12 mai 2027

Ended
Carmen-Sorina EREMIA

Director · since 05 janvier 2022

Ended
Jan Jacob Joost VAN OS

Director · since 15 septembre 2021 · until 10 mai 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/06/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION
    PDF
  • Mandates18/06/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION
    PDF
  • Mandates13/06/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/05/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/01/2022
    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 2025632,4 k €↓
  2. 2024
    Annual accounts 20241,5 M €↑
  3. 2023
    Annual accounts 2023408,2 k €↓
  4. 2022
    Annual accounts 2022703,5 k €↓
  5. 2021
    Annual accounts 2021884 k €↑
  6. 2020
    Annual accounts 2020470,7 k €↑
  7. 2019
    Annual accounts 2019-237,8 k €↓
  8. 2018
    Annual accounts 2018510,4 k €↑
  9. 2017
    Annual accounts 2017-935,9 k €↓
  10. 2014
    Annual accounts 2014634,7 k €↓
  11. 2013
    Annual accounts 2013658,9 k €↑
  12. 2011
    Annual accounts 2011-1,4 M €↓
  13. 2010
    Annual accounts 2010-154 k €↓
  14. 2009
    Annual accounts 20091 M €↓
  15. 2008
    Annual accounts 20081,3 M €↑
  16. 2007
    Annual accounts 20071,1 M €↓
  17. 2006
    Annual accounts 20066 M €
  18. 22/12/1983
    IncorporationPublic limited company