ACTIVE

EUROPEAN SERVICE NETWORK

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Financial year 2025 · Closed on 31/12/2025

Net result8,6 k €-99,2 %over 1 year
Revenue6,9 M €-68,9 %over 1 year
Equity5,5 M €+0,2 %over 1 year
Workforce38,7 ETP-10,2 %over 1 year

Identity

Source · BCE/KBO

EUROPEAN SERVICE NETWORK is a Public limited company incorporated in 1986. Its main activity is: Agents involved in the sale of a variety of goods. Its registered office is in Bruxelles. It employs on average 38,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0428.304.785
Incorporation
29/01/1986
Legal form
Public limited company
Registered office
Avenue des Arts 47
1000 Bruxelles · BruxellesSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
38,7 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252025202420232022
Income statement
Revenue6,9 M €22,3 M €22,7 M €20,3 M €20,3 M €
EBITDA30,7 k €1,5 M €1,2 M €2,1 M €948,2 k €
Operating result4 k €1,4 M €1,1 M €2 M €902,4 k €
Net result8,6 k €1,1 M €719,8 k €1,4 M €607 k €
Balance sheet
Equity5,5 M €5,5 M €5,5 M €4,7 M €3,4 M €
Total assets8,8 M €10,2 M €11,4 M €11,2 M €9 M €
Cash184,1 k €107 k €3,8 M €1,9 M €2,8 M €
Debts3,2 M €4,6 M €5,9 M €6,3 M €5,4 M €
Other
Workforce38,7 ETP43,1 ETP43,6 ETP49,0 ETP54,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Isabelle DENIAUD
Director07/11/2025 → 20/05/2031
Idoia RODES TORRONTEGUI
Managing director17/06/2024 → 15/11/2030
Laurent GERARD
Managing director17/06/2024 → 15/11/2030
Guy Vaerman
Managing director21/06/2022 → 17/11/2028Director21/06/2022 → 2023 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Joergen Joensson
Director22/12/2023 → 17/06/2024
Knud Kristensen
Director22/12/2023 → 17/06/2024
Jan Tytgat
Managing director15/12/2020 → 2024 accounts

Other companies at this address

Avenue des Arts 47 1000 Bruxelles
CompanyCBE no.
AGENCY FOR PUBLIC HEALTH EDUCATION ACCREDITATION● Active
0844.179.518
ALL TERRAIN VEHICLE INDUSTRY ASSOCIATION● Active
0896.612.471
BATTERY COMMUNICATION CONSORTIUM● Active
1040.412.201
CAISSE DE PENSIONS TRACTEBEL - PENSIOENKAS TRACTEBEL● Active
0409.084.335
CONTASSUR ASSISTANCE - CONSEIL● Active
0404.525.632
CONTASSUR - CONTIBEL ASSURANCES VIE - CONTIBEL LEVENSVERZEKERINGEN● Active
0424.225.045
Elgabel● Active
0448.941.239
ENERBEL● Active
0477.049.067
ESN HOLDING● Active
0440.188.176
EUROPEAN ASSOCIATION OF COMMUNICATION DIRECTORS● Active
0886.470.528
EUROPEAN, MIDDLE EASTERN & AFRICAN SOCIETY OFR BIOPRESERVATION & BIOBANKING● Active
0739.761.986
European Refrigerant Distributor Association● Active
1035.193.205
European Wireless Infrastructure Association● Active
0648.977.807
Federation of European Motorcyclists' Associations● Active
0469.042.609
FGS Global (Belgium)● Active
0720.679.019
Industry Summit● Active
0750.918.669
INTERNATIONAL ASSOCIATION OF NATIONAL PUBLIC HEALTH INSTITUTES● Active
0719.501.656
INTERNATIONAL SOFTWARE TESTING QUALIFICATIONS BOARD● Active
0889.625.305
IRT● Active
0821.469.541
L.S. EUROPE - LOGOS● Active
0462.684.456

Full financial information

Source · NBB
202520252024202320222021
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/07/202501/07/202401/07/202301/07/202201/07/202101/07/2020
Closing of the financial year31/12/202530/06/202530/06/202430/06/202330/06/202230/06/2021
Length of the financial year6 months12 months12 months12 months12 months12 months
Filing date10/07/202602/12/202505/12/202427/12/202323/11/202210/01/2022
General meeting30/06/202621/11/202503/12/202422/12/202323/11/202214/12/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202610/07/2026FrenchPDF
Full model30/06/202521/11/202502/12/2025FrenchPDF
Full model30/06/202403/12/202405/12/2024FrenchPDF
Full model30/06/202322/12/202327/12/2023FrenchPDF
Full model30/06/202223/11/202223/11/2022FrenchPDF
Full model30/06/202114/12/202110/01/2022FrenchPDF
Full model30/06/202015/12/202017/12/2020FrenchPDF
Full model30/06/201912/11/201913/01/2020FrenchPDF
Full model30/06/201813/11/201818/12/2018FrenchPDF
Full model30/06/201713/11/201721/12/2017FrenchPDF
Full model30/06/201618/11/201617/03/2017FrenchPDF
Full model30/06/201520/11/201522/01/2016FrenchPDF
Full model30/06/201421/11/201428/01/2015FrenchPDF
Full model30/06/201315/11/201318/11/2013FrenchPDF
Full model30/06/201216/11/201219/11/2012FrenchPDF
Full model30/06/201118/11/201122/11/2011FrenchPDF
Full model30/06/201019/11/201013/12/2010FrenchPDF
Full model30/06/200920/11/200907/12/2009FrenchPDF
Full model30/06/200821/11/200819/12/2008FrenchPDF
Full model30/06/200716/11/200714/12/2007FrenchPDF

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.

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 · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Isabelle DENIAUD
Director07/11/2025 → 20/05/2031
Idoia RODES TORRONTEGUI
Managing director17/06/2024 → 15/11/2030
Laurent GERARD
Managing director17/06/2024 → 15/11/2030
Guy Vaerman
Managing director21/06/2022 → 17/11/2028Director21/06/2022 → 2023 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Joergen Joensson
Director22/12/2023 → 17/06/2024
Knud Kristensen
Director22/12/2023 → 17/06/2024
Jan Tytgat
Managing director15/12/2020 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates13/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Other02/01/2026
    ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Registered office11/02/2025
    SIEGE SOCIAL
    PDF
  • Mandates23/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/03/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/09/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/03/2022
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Isabelle DENIAUD
Idoia RODES TORRONTEGUI
Laurent GERARD
Guy Vaerman
Knud Kristensen
Joergen Joensson
Jan Tytgat
Koenraad Tommissen
1986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
EUROPEAN SERVICE NETWORK
Avenue des Arts 47, 1000 BrusselsGalerie Ravenstein 4, 1000 Brussels
Director
Managing director
Managing director
Managing director
Director
Chairman of the board of directorsDirector
Managing director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Avenue des Arts 47, 1000 BrusselsCurrent
accounts 2025
Accounts 2025 · 2026-00279076
Galerie Ravenstein 4, 1000 Brussels
accounts 2022 → 2024
Accounts 2024 · 2024-00610466

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
EUROPEAN SERVICE NETWORKCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00279076

Events

  1. 2025
    Annual accounts 20258,6 k €↓
  2. 2025
    Annual accounts 20251,1 M €↑
  3. 2024
    Annual accounts 2024719,8 k €↓
  4. 2023
    Annual accounts 20231,4 M €↑
  5. 2022
    Annual accounts 2022607 k €↓
  6. 2021
    Annual accounts 20211,1 M €↓
  7. 2020
    Annual accounts 20201,2 M €↑
  8. 2019
    Annual accounts 2019613,3 k €↑
  9. 2018
    Annual accounts 2018-94,1 k €↓
  10. 2017
    Annual accounts 201758,3 k €↑
  11. 2016
    Annual accounts 2016-1,7 M €↓
  12. 2015
    Annual accounts 201584,9 k €↑
  13. 2014
    Annual accounts 2014-512,9 k €↓
  14. 2013
    Annual accounts 201369,1 k €↓
  15. 2012
    Annual accounts 20121,2 M €↑
  16. 2011
    Annual accounts 20111,1 M €↑
  17. 2010
    Annual accounts 2010946,5 k €↑
  18. 2009
    Annual accounts 2009904,4 k €↑
  19. 2008
    Annual accounts 2008756,7 k €↑
  20. 2007
    Annual accounts 2007493 k €
  21. 29/01/1986
    IncorporationPublic limited company