EUROPEAN ROAD TRANSPORT TELEMATICS IMPLEMENTATION COORDINATION ORGANISATION
0445.743.506 · rovalta.com · 27/09/2026
ACTIVE
EUROPEAN ROAD TRANSPORT TELEMATICS IMPLEMENTATION COORDINATION ORGANISATION
Financial year 2025 · Closed on 31/12/2025
Net result10,7 k €+1,2 %over 1 year
Gross margin3,2 M €+14,9 %over 1 year
Equity789,5 k €+1,1 %over 1 year
Workforce30,3 ETP+19,8 %over 1 year
Overview
Identity
Source · BCE/KBOEUROPEAN ROAD TRANSPORT TELEMATICS IMPLEMENTATION COORDINATION ORGANISATION is a Cooperative society incorporated in 1991. Its main activity is: Other information technology and computer service activities. Its registered office is in Ixelles. It employs on average 30,3 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0445.743.506
- Incorporation
- 13/11/1991
- Legal form
- Cooperative society
- Registered office
- Avenue Louise 523
1050 Ixelles · BruxellesSee on map - Contributed capital
- 66 960,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 30,3 ETP
Activities (NACE)
62090Other information technology and computer service activities· main91110Libraries, archives, museums and other cultural activities94110Activities of business and employers membership organisations94110Activities of business and employers membership organisations61200Wireless telecommunications activities61900Other telecommunications activities+3
Joint committees (1)
- CP 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 20 filingsTrend over 11 financial years
| 2025 | 2024 | 2015 | 2014 | 2013 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 3,2 M € | +14.9% | 2,8 M € | +8.6% | 2,6 M € | -8.9% | 2,8 M € | +14.8% | 2,5 M € |
| EBITDA | 204,1 k € | +5.1% | 194,1 k € | +2.5% | 189,5 k € | -16.7% | 227,4 k € | +21.5% | 187,2 k € |
| Operating result | 16,9 k € | -63.7% | 46,5 k € | -19.4% | 57,7 k € | -23.2% | 75,1 k € | +5.7% | 71 k € |
| Net result | 10,7 k € | +1.2% | 10,6 k € | -32.0% | 15,6 k € | -33.4% | 23,4 k € | +1.2% | 23,2 k € |
| Balance sheet | |||||||||
| Equity | 789,5 k € | +1.1% | 780,6 k € | +20.6% | 647,1 k € | +2.9% | 629 k € | +4.7% | 600,6 k € |
| Total assets | 19,6 M € | +5.6% | 18,5 M € | +262% | 5,1 M € | +8.6% | 4,7 M € | -8.2% | 5,1 M € |
| Cash | 14,8 M € | +3.4% | 14,3 M € | +565% | 2,2 M € | -20.0% | 2,7 M € | -6.4% | 2,9 M € |
| Debts | 17 M € | +7.4% | 15,8 M € | +374% | 3,3 M € | -3.7% | 3,5 M € | -2.9% | 3,6 M € |
| Other | |||||||||
| Workforce | 30,3 ETP | +19.8% | 25,3 ETP | -7.7% | 27,4 ETP | -4.2% | 28,6 ETP | +10.9% | 25,8 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/202520 active · 172 ended
Active mandates
Christopher LANE
ActiveMenno MALTA
ActiveNicole SCOURTI
ActiveRalf WEBER
ActiveAngelos AMDITIS
ActiveAshweeni BEEHAREE
ActiveChristoph STÖGERER
ActiveDiana WILLERT-RUMPEL
ActiveFrancisco SANCHEZ
ActiveGerhard MENZEL
ActiveJean-François SENCERIN
ActiveMaciej MAZUR
ActiveMarion AUZOLLE
ActivePeter Robert ZILLEKENS
ActiveRonald ADAMS
ActiveStefan DEIX
ActiveStéphanie LEONARD
ActiveThomas JÄGER
ActiveThorsten BURGER
ActiveWolfgang FOLTIN
ActiveEnded mandates
Christopher LANE
EndedMenno MALTA
EndedRalf WEBER
EndedAngelos AMDITIS
EndedOther companies at this address
Avenue Louise 523 1050 Ixelles| Company | CBE no. |
|---|---|
AC BLAVIER● Bankrupt | 0845.462.688 |
ADDED VALUE● Active | 0862.093.933 |
| 0695.616.989 | |
ADVANCE Group BeLux● Active | 0753.521.932 |
| 0731.938.937 | |
Agendi Partners● Active | 0739.914.614 |
AH MANAGEMENT INTERNATIONAL● Bankrupt | 0837.904.905 |
AH SCUTUM● Active | 1001.657.335 |
AJM & PARTNERS● Active | 0862.410.172 |
ALSTON● Active | 0741.676.450 |
AML● Active | 0699.909.537 |
Anto AutoLine● Active | 1026.940.780 |
APLIS TECHNOLOGY & LOGISTIC● Active | 1010.457.017 |
Appletree● Active | 0524.800.781 |
AREXO CONSULTING● Bankrupt | 0897.170.717 |
| 0834.096.664 | |
| 0441.894.485 | |
AUTOPAR● Active | 0462.772.647 |
AZ Prime● Active | 1006.160.907 |
B.C.R.B. Invest● Bankrupt | 0665.558.867 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 29/06/2026 | 10/07/2025 | 11/07/2024 | 05/07/2023 | 12/07/2022 | 25/06/2021 |
| General meeting | 09/06/2026 | 10/06/2025 | 11/06/2024 | 13/06/2023 | 14/06/2022 | 08/06/2021 |
| 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, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 09/06/2026 | 29/06/2026 | French | |
| Abridged model | 31/12/2024 | 10/06/2025 | 10/07/2025 | French | |
| Abridged model | 31/12/2023 | 11/06/2024 | 11/07/2024 | French | |
| Abridged model | 31/12/2022 | 13/06/2023 | 05/07/2023 | French | |
| Abridged model | 31/12/2021 | 14/06/2022 | 12/07/2022 | French | |
| Abridged model | 31/12/2020 | 08/06/2021 | 25/06/2021 | French | |
| Abridged model | 31/12/2019 | 10/06/2020 | 01/07/2020 | French | |
| Abridged model | 31/12/2018 | 20/06/2019 | 11/07/2019 | French | |
| Abridged model | 31/12/2017 | 20/06/2018 | 16/07/2018 | French | |
| Abridged model | 31/12/2016 | 20/06/2017 | 19/07/2017 | French | |
| Abridged model | 31/12/2015 | 07/06/2016 | 09/08/2016 | French | |
| Abridged model | 31/12/2014 | 16/06/2015 | 18/08/2015 | French | |
| Abridged model | 31/12/2013 | 17/06/2014 | 25/08/2014 | French | |
| Abridged model | 31/12/2012 | 03/06/2013 | 21/08/2013 | French | |
| Full model | 31/12/2011 | 20/06/2012 | 28/08/2012 | French | |
| Full model | 31/12/2010 | 07/06/2011 | 31/08/2011 | French | |
| Full model | 31/12/2009 | 14/06/2010 | 26/07/2010 | French | |
| Full model | 31/12/2008 | 11/06/2009 | 11/08/2009 | French | |
| Full model | 31/12/2007 | 02/06/2008 | 18/08/2008 | French | |
| Full model | 31/12/2006 | 03/05/2007 | 08/08/2007 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 10 M€ and 25 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.
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 31/12/202520 active · 172 ended
Active mandates
Christopher LANE
ActiveMenno MALTA
ActiveNicole SCOURTI
ActiveRalf WEBER
ActiveAngelos AMDITIS
ActiveAshweeni BEEHAREE
ActiveChristoph STÖGERER
ActiveDiana WILLERT-RUMPEL
ActiveFrancisco SANCHEZ
ActiveGerhard MENZEL
ActiveJean-François SENCERIN
ActiveMaciej MAZUR
ActiveMarion AUZOLLE
ActivePeter Robert ZILLEKENS
ActiveRonald ADAMS
ActiveStefan DEIX
ActiveStéphanie LEONARD
ActiveThomas JÄGER
ActiveThorsten BURGER
ActiveWolfgang FOLTIN
ActiveEnded mandates
Christopher LANE
EndedMenno MALTA
EndedRalf WEBER
EndedAngelos AMDITIS
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates29/07/2025DEMISSIONS, NOMINATIONS
- Mandates27/05/2025DEMISSIONS, NOMINATIONS
- Mandates02/09/2024DEMISSIONS, NOMINATIONS
- Registered office23/04/2024SIEGE SOCIAL
- Mandates11/09/2023DEMISSIONS, NOMINATIONS
- Mandates22/11/2022DEMISSIONS, NOMINATIONS
- Mandates15/12/2021DEMISSIONS, NOMINATIONS
- Mandates15/12/2021DEMISSIONS, 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 202510,7 k €↑
- 2024Annual accounts 202410,6 k €↓
- 2024Name changeERTICO-ITS EUROPE
- 2015Annual accounts 201515,6 k €↓
- 2014Annual accounts 201423,4 k €↑
- 2013Annual accounts 201323,2 k €↓
- 2012Annual accounts 2012119,7 k €↑
- 2011Annual accounts 201121,8 k €↓
- 2010Annual accounts 201027,2 k €↓
- 2009Annual accounts 200928,8 k €↓
- 2008Annual accounts 200834,1 k €↑
- 2007Annual accounts 200732,4 k €
- 2007Name changeEUROPEAN ROAD TRANSPORT TELEMATICS IMPLEMENTATION COORDINATION ORGANISATION
- 13/11/1991IncorporationCooperative society