ACTIVE

amfori

Financial year 2025 · closed on 31/12/2025
Net result
3,1 M €
-1.5% YoY
Revenue
24,5 M €
+2.7% YoY
Equity
21,4 M €
+16.9% YoY
Workforce
55,4 ETP
+7.2% YoY

What does amfori do?

amfori is a International non-profit organization incorporated in 1985. Its main activity is: Public relations and communication activities. Its registered office is in Woluwe-Saint-Pierre. It employs on average 55,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0427.557.786
Incorporation
29/07/1985
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
55,4 ETP
Joint committees (3)
  • 200
  • 218
  • 337
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242022202120202019201820172016201520142013
Income statement
Revenue24,5 M €23,8 M €18,9 M €16,7 M €16,2 M €14,4 M €13,7 M €11,9 M €11 M €9,3 M €8 M €
EBITDA7,6 M €7 M €4,8 M €5,2 M €4,8 M €1,1 M €1,6 M €400,6 k €1,6 M €350,6 k €1,4 M €1,2 M €
Operating result3,1 M €3,2 M €2,4 M €3,2 M €2,6 M €-7,2 k €530,1 k €-222,9 k €1 M €85,6 k €608,1 k €920,3 k €
Net result3,1 M €3,1 M €2,4 M €3,1 M €2,5 M €-42,3 k €511,8 k €-240,1 k €1,1 M €16,5 k €612,5 k €926,2 k €
Balance sheet
Equity21,4 M €18,3 M €13,3 M €10,9 M €7,9 M €5,4 M €5,4 M €4,9 M €5,2 M €4,1 M €4,1 M €3,5 M €
Total assets24,6 M €22,2 M €17,6 M €13,1 M €10 M €8,1 M €7,8 M €6,8 M €6,7 M €5,6 M €5,3 M €4,3 M €
Cash8,3 M €5,8 M €6,6 M €4,4 M €2,4 M €1,7 M €2,6 M €3,3 M €2,9 M €1,3 M €3 M €2,2 M €
Debts2,5 M €3,3 M €3,7 M €1,6 M €1,9 M €2,5 M €2,3 M €1,9 M €1,6 M €1,5 M €1,2 M €760,4 k €
Other
Workforce55,4 ETP51,7 ETP47,6 ETP44,2 ETP50,6 ETP47,2 ETP41,6 ETP47,0 ETP38,6 ETP30,9 ETP28,0 ETP24,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 77 ended

Active mandates

Antonio Roade Tato

Director · since 11 juin 2025 · until 13 juin 2028

Active
Bozena Gerits

Director · since 11 juin 2025 · until 13 juin 2028

Active
Christiane HÜGELMANN

Director · since 11 juin 2025 · until 13 juin 2028

Active
Leendert ("Leon") MOL

Chairman of the board of directors · since 11 juin 2025 · until 13 juin 2028

Active
Nina ELOMAA

Director · since 11 juin 2025 · until 13 juin 2028

Active
Patricia RAJKOVIC WIDGREN

Director · since 11 juin 2025 · until 13 juin 2028

Active
Suet Mei ("Satte") TSAO

Director · since 11 juin 2025 · until 13 juin 2028

Active
Heather FRANZESE

Vice-chairman of the board of directors · since 04 juin 2024 · until 09 juin 2027

Active
Phoebe EWEN

Director · since 14 juin 2023 · until 16 juin 2026

Active
Vera Galarza HEINRICHS

Director · since 14 juin 2023 · until 16 juin 2026

Active

Ended mandates

Heather FRANZESE

Vice-chairman of the board of directors · since 03 juin 2025 · until 09 juin 2027

Ended
Wout VULDERS

Director · since 04 juin 2024 · until 09 juin 2027

Ended
Phoebe EWEN

Director · since 14 juin 2023 · until 10 juin 2026

Ended
Vera Galarza HEINRICHS

Director · since 14 juin 2023 · until 11 juin 2025

Ended
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Annual accounts

Full financial information

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 date19/06/202616/07/202508/07/202413/07/202319/07/202229/06/2021
General meeting16/06/202611/06/202504/06/202414/06/202309/06/202216/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202516/06/202619/06/2026FrenchPDF
Full model31/12/202411/06/202516/07/2025FrenchPDF
Full model31/12/202304/06/202408/07/2024FrenchPDF
Full model31/12/202214/06/202313/07/2023FrenchPDF
Full model31/12/202109/06/202219/07/2022FrenchPDF
Full model31/12/202016/06/202129/06/2021FrenchPDF
Full model31/12/201909/06/202009/07/2020FrenchPDF
Full model31/12/201818/06/201903/07/2019FrenchPDF
Full model31/12/201712/06/201825/07/2018FrenchPDF
Full model31/12/201614/06/201731/07/2017FrenchPDF
Full model31/12/201501/06/201629/08/2016FrenchPDF
Abridged model31/12/201411/06/201507/08/2015FrenchPDF
Abridged model31/12/201325/06/201431/07/2014FrenchPDF
Abridged model31/12/201225/06/201330/09/2013FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 77 ended

Active mandates

Antonio Roade Tato

Director · since 11 juin 2025 · until 13 juin 2028

Active
Bozena Gerits

Director · since 11 juin 2025 · until 13 juin 2028

Active
Christiane HÜGELMANN

Director · since 11 juin 2025 · until 13 juin 2028

Active
Leendert ("Leon") MOL

Chairman of the board of directors · since 11 juin 2025 · until 13 juin 2028

Active
Nina ELOMAA

Director · since 11 juin 2025 · until 13 juin 2028

Active
Patricia RAJKOVIC WIDGREN

Director · since 11 juin 2025 · until 13 juin 2028

Active
Suet Mei ("Satte") TSAO

Director · since 11 juin 2025 · until 13 juin 2028

Active
Heather FRANZESE

Vice-chairman of the board of directors · since 04 juin 2024 · until 09 juin 2027

Active
Phoebe EWEN

Director · since 14 juin 2023 · until 16 juin 2026

Active
Vera Galarza HEINRICHS

Director · since 14 juin 2023 · until 16 juin 2026

Active

Ended mandates

Heather FRANZESE

Vice-chairman of the board of directors · since 03 juin 2025 · until 09 juin 2027

Ended
Wout VULDERS

Director · since 04 juin 2024 · until 09 juin 2027

Ended
Phoebe EWEN

Director · since 14 juin 2023 · until 10 juin 2026

Ended
Vera Galarza HEINRICHS

Director · since 14 juin 2023 · until 11 juin 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/05/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other20/04/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates04/04/2023
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

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 20253,1 M €
  2. 2024
    Annual accounts 20243,1 M €
  3. 2022
    Annual accounts 20222,4 M €
  4. 2021
    Annual accounts 20213,1 M €
  5. 2020
    Annual accounts 20202,5 M €
  6. 2019
    Annual accounts 2019-42,3 k €
  7. 2018
    Annual accounts 2018511,8 k €
  8. 2017
    Annual accounts 2017-240,1 k €
  9. 2017
    Name changeamfori
  10. 2016
    Annual accounts 20161,1 M €
  11. 2015
    Annual accounts 201516,5 k €
  12. 2014
    Annual accounts 2014612,5 k €
  13. 2013
    Annual accounts 2013926,2 k €
  14. 2013
    Name changeForeign Trade Association
  15. 29/07/1985
    IncorporationInternational non-profit organization