European Systems of Civil Aviation
0441.757.893 · rovalta.com · 27/09/2026
ACTIVE
European Systems of Civil Aviation
Financial year 2025 · Closed on 31/03/2025
Net result-11 k €-169,2 %over 1 year
Gross margin-1,2 k €-105,0 %over 1 year
Equity64,4 k €-14,6 %over 1 year
Overview
Identity
Source · BCE/KBOEuropean Systems of Civil Aviation is a Public limited company incorporated in 1990. Its main activity is: Cultural education. Its registered office is in Namur.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0441.757.893
- Incorporation
- 17/10/1990
- Legal form
- Public limited company
- Registered office
- Avenue de la Vecquée 54
5000 Namur · WallonieSee on map - Contributed capital
- 62 000,00 €
- Latest accounts
- 31/03/2025
Activities (NACE)
Signals
Solid equityLow riskGood liquidity
Financials
Source · NBB, 19 filingsTrend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | -1,2 k € | -105% | 23,3 k € | -35.8% | 36,3 k € | +552% | -8 k € | +4.1% | -8,4 k € |
| EBITDA | -3,4 k € | -116% | 21,9 k € | -36.6% | 34,6 k € | +464% | -9,5 k € | +11.3% | -10,7 k € |
| Operating result | -11 k € | -152% | 21,4 k € | -37.7% | 34,4 k € | +430% | -10,4 k € | +48.7% | -20,3 k € |
| Net result | -11 k € | -169% | 15,9 k € | -54.3% | 34,8 k € | +453% | -9,8 k € | +49.5% | -19,5 k € |
| Balance sheet | |||||||||
| Equity | 64,4 k € | -14.6% | 75,4 k € | +26.7% | 59,5 k € | +141% | 24,7 k € | -28.5% | 34,6 k € |
| Total assets | 91,9 k € | -0.7% | 92,6 k € | +46.6% | 63,1 k € | +126% | 27,9 k € | -27.3% | 38,4 k € |
| Cash | 49,6 k € | -14.7% | 58,2 k € | +9.3% | 53,2 k € | +1367% | 3,6 k € | -81.6% | 19,7 k € |
| Debts | 27,5 k € | +60.6% | 17,1 k € | +370% | 3,6 k € | +13.6% | 3,2 k € | -16.8% | 3,9 k € |
Valuation
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/03/20252 active · 16 ended
Active mandates
| Director | Function | Mandate |
|---|---|---|
Bernadette Bauthier | Director | 12/09/2025 → 11/09/2026 |
Claude Seron | Managing director | 09/09/2022 → 08/09/2028 |
Ended mandates
| Director | Function | Mandate |
|---|---|---|
Bernadette Bauthier | Director | 13/09/2024 → 12/09/2025 |
Bernadette Bauthier | Director | 09/09/2022 → 08/09/2023 |
Bernadette Bauthier | Director | 10/09/2021 → 09/09/2022 |
Bernadette Bauthier | Director | 11/09/2020 → 10/09/2021 |
Other companies at this address
Avenue de la Vecquée 54 5000 Namur| Company | CBE no. |
|---|---|
ANOBIN● Active | 1008.067.550 |
DALISA SPRL● Active | 0451.047.030 |
| 0443.591.886 | |
FIDUNEUVE● Active | 0438.785.240 |
LARTAN● Active | 1040.808.020 |
PAUL VANPARYS KINÉ● Active | 1039.974.513 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/04/2024 | 01/04/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 | 01/04/2019 |
| Closing of the financial year | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/10/2025 | 28/11/2024 | 15/11/2023 | 01/11/2022 | 31/10/2021 | 06/11/2020 |
| General meeting | 12/09/2025 | 13/09/2024 | 08/09/2023 | 09/09/2022 | 10/09/2021 | 11/09/2020 |
| 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, 19 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/03/2025 | 12/09/2025 | 30/10/2025 | French | |
| Micro model | 31/03/2024 | 13/09/2024 | 28/11/2024 | French | |
| Micro model | 31/03/2023 | 08/09/2023 | 15/11/2023 | French | |
| Micro model | 31/03/2022 | 09/09/2022 | 01/11/2022 | French | |
| Micro model | 31/03/2021 | 10/09/2021 | 31/10/2021 | French | |
| Micro model | 31/03/2020 | 11/09/2020 | 06/11/2020 | French | |
| Micro model | 31/03/2019 | 13/09/2019 | 29/10/2019 | French | |
| Abridged model | 31/03/2018 | 14/09/2018 | 29/10/2018 | French | |
| Abridged model | 31/03/2017 | 08/09/2017 | 30/10/2017 | French | |
| Abridged model | 31/03/2016 | 09/09/2016 | 24/11/2016 | French | |
| Abridged model | 31/03/2015 | 11/09/2015 | 22/09/2015 | French | |
| Abridged model | 31/03/2014 | 12/09/2014 | 21/10/2014 | French | |
| Abridged model | 31/03/2013 | 13/09/2013 | 22/05/2014 | French | |
| Abridged model | 31/03/2012 | 14/09/2012 | 06/03/2013 | French | |
| Abridged model | 31/03/2011 | 09/09/2011 | 04/05/2012 | French | |
| Abridged model | 31/03/2010 | 10/09/2010 | 31/01/2011 | French | |
| Abridged model | 31/03/2009 | 11/09/2009 | 30/11/2009 | French | |
| Abridged model | 31/03/2008 | 12/09/2008 | 30/11/2008 | French | |
| Abridged model | 31/03/2007 | 14/09/2007 | 30/11/2007 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 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.
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 31/03/20252 active · 16 ended
Active mandates
| Director | Function | Mandate |
|---|---|---|
Bernadette Bauthier | Director | 12/09/2025 → 11/09/2026 |
Claude Seron | Managing director | 09/09/2022 → 08/09/2028 |
Ended mandates
| Director | Function | Mandate |
|---|---|---|
Bernadette Bauthier | Director | 13/09/2024 → 12/09/2025 |
Bernadette Bauthier | Director | 09/09/2022 → 08/09/2023 |
Bernadette Bauthier | Director | 10/09/2021 → 09/09/2022 |
Bernadette Bauthier | Director | 11/09/2020 → 10/09/2021 |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Registered office07/07/2026SIEGE SOCIAL
- Mandates17/12/2025DEMISSIONS, NOMINATIONS
- Mandates23/12/2024DEMISSIONS, NOMINATIONS
- Mandates04/12/2023DEMISSIONS, NOMINATIONS
- Mandates08/02/2023DEMISSIONS, NOMINATIONS
- Mandates15/12/2021DEMISSIONS, NOMINATIONS
- Mandates06/04/2021DEMISSIONS, NOMINATIONS
- Mandates27/08/2020DEMISSIONS, 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 2025-11 k €↓
- 2024Annual accounts 202415,9 k €↓
- 2023Annual accounts 202334,8 k €↑
- 2022Annual accounts 2022-9,8 k €↑
- 2021Annual accounts 2021-19,5 k €↑
- 2020Annual accounts 2020-21,7 k €↓
- 2019Annual accounts 201921,2 k €↓
- 2018Annual accounts 201865,2 k €↑
- 2017Annual accounts 2017-1,1 k €↑
- 2016Annual accounts 2016-4,9 k €↑
- 2015Annual accounts 2015-5 k €↑
- 2014Annual accounts 2014-6,7 k €↑
- 2013Annual accounts 2013-6,9 k €↓
- 2012Annual accounts 2012-3,6 k €↑
- 2011Annual accounts 2011-10,7 k €↑
- 2010Annual accounts 2010-11,4 k €↑
- 2009Annual accounts 2009-11,7 k €↓
- 2008Annual accounts 200811,5 k €↑
- 2007Annual accounts 2007-2 k €
- 17/10/1990IncorporationPublic limited company
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Avenue de la Vecquée 54, 5000 NamurCurrent | CBE, tracked since 27/09/2026 | CBE |
| Rue du Chepson(ML) 21, 5020 Champion | accounts 2022 → 2025 | Accounts 2025 · 2025-00557858 |
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.