Association européenne des Agences de Développement
0446.189.013 · rovalta.com · 27/09/2026
ACTIVE
Association européenne des Agences de Développement
Financial year 2025 · Closed on 31/12/2025
Net result87,5 k €-61,1 %over 1 year
Gross margin700 k €-13,4 %over 1 year
Equity525,1 k €+20,0 %over 1 year
Workforce10,6 ETP
Overview
Identity
Source · BCE/KBOAssociation européenne des Agences de Développement is a Non-profit organization incorporated in 1991. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles. It employs on average 10,6 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0446.189.013
- Incorporation
- 27/11/1991
- Legal form
- Non-profit organization
- Registered office
- Rue de la Loi 155
1000 Bruxelles · BruxellesSee on map - Latest accounts
- 31/12/2025
- Average workforce
- 10,6 ETP
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities74142Specialised design activities91110Libraries, archives, museums and other cultural activities94110Activities of business and employers membership organisations94110Activities of business and employers membership organisations
Joint committees (1)
- 337
Contacts
6 public details availableLog in to view
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 7 filingsTrend over 7 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 700 k € | -13.4% | 808,1 k € | +37.4% | 588,1 k € | -7.3% | 634,1 k € | +26.6% | 500,8 k € |
| EBITDA | 95,8 k € | -58.3% | 229,6 k € | +1293% | 16,5 k € | -78.3% | 76,1 k € | -48.2% | 146,8 k € |
| Operating result | 88,3 k € | -60.8% | 225,3 k € | +1107% | 18,7 k € | -78.5% | 86,8 k € | +75.9% | 49,3 k € |
| Net result | 87,5 k € | -61.1% | 224,8 k € | +1116% | 18,5 k € | -78.0% | 83,9 k € | +71.4% | 49 k € |
| Balance sheet | |||||||||
| Equity | 525,1 k € | +20.0% | 437,7 k € | +106% | 212,8 k € | +9.5% | 194,3 k € | +76.0% | 110,4 k € |
| Total assets | 2,1 M € | +12.8% | 1,8 M € | +2.3% | 1,8 M € | +14.3% | 1,6 M € | +32.3% | 1,2 M € |
| Cash | 594,7 k € | +46.5% | 405,9 k € | +270% | 109,6 k € | -35.3% | 169,4 k € | -54.4% | 371,2 k € |
| Debts | 1,5 M € | +10.6% | 1,4 M € | -11.8% | 1,6 M € | +15.3% | 1,4 M € | +27.9% | 1,1 M € |
| Other | |||||||||
| Workforce | 10,6 ETP | – | – | – | 7,0 ETP | ||||
Valuation
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/202517 active · 107 ended
Active mandates
| Director | Function | Mandate |
|---|---|---|
Zlatko MESIC | Director | since 15/07/2025 |
Andreea-Raluca LERU | Director | since 19/06/2024 |
Antonio Manuel CASTRO JIMENEZ | Director | since 19/06/2024 |
Cristina GALLARDO | Director | since 19/06/2024 |
Cristina OYON | Director | since 19/06/2024 |
Daniel JANEIRO | Director | since 19/06/2024 |
Greta CAMILLERI | Director | since 19/06/2024 |
Hélène MORIN | Director | since 19/06/2024 |
Jan SINKIEVIC | Director | since 19/06/2024 |
Jean Jacques BERNARDINI | Director | since 19/06/2024 |
Jean-François BENON | Director | since 19/06/2024 |
Joaquin GOMEZ | Director | since 19/06/2024 |
Kornelija MLINAREVIC RAZVOJNA | Director | since 19/06/2024 |
Luca CAPRA | Director | since 19/06/2024 |
Nicolaas Maria FOLLINGS Theodorus | Director | since 19/06/2024 |
Rafael ESCAMILLA | Director | since 19/06/2024 |
Valeria BANDINI | Director | since 19/06/2024 |
Ended mandates
| Director | Function | Mandate |
|---|---|---|
| Director | since 16/06/2014 | |
INSTITUT ARAGONES DE FOMENTO | Director | since 16/06/2014 |
| Director | since 16/06/2014 | |
IZMIR DEVELOPMENT AGENCY | Director | since 16/06/2014 |
Other companies at this address
Rue de la Loi 155 1000 Bruxelles| Company | CBE no. |
|---|---|
ENAVS● Active | 0899.940.759 |
| 0737.686.483 | |
| 0860.905.088 | |
| 0478.539.701 | |
Vocal Europe● Active | 0699.685.051 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Micro model | Micro model | Micro 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 | 19/08/2026 | 11/08/2025 | 19/08/2024 | 09/07/2023 | 25/09/2022 | 11/08/2021 |
| General meeting | 08/07/2026 | 15/07/2025 | 15/07/2024 | 05/06/2023 | 23/06/2022 | 30/06/2021 |
| 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, 7 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 08/07/2026 | 19/08/2026 | French | |
| Micro model | 31/12/2024 | 15/07/2025 | 11/08/2025 | French | |
| Micro model | 31/12/2023 | 15/07/2024 | 19/08/2024 | French | |
| Micro model | 31/12/2022 | 05/06/2023 | 09/07/2023 | French | |
| Abridged model | 31/12/2021 | 23/06/2022 | 25/09/2022 | French | |
| Abridged model | 31/12/2020 | 30/06/2021 | 11/08/2021 | French | |
| Abridged model | 31/12/2007 | 31/05/2008 | 18/05/2009 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 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.
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 31/12/202517 active · 107 ended
Active mandates
| Director | Function | Mandate |
|---|---|---|
Zlatko MESIC | Director | since 15/07/2025 |
Andreea-Raluca LERU | Director | since 19/06/2024 |
Antonio Manuel CASTRO JIMENEZ | Director | since 19/06/2024 |
Cristina GALLARDO | Director | since 19/06/2024 |
Cristina OYON | Director | since 19/06/2024 |
Daniel JANEIRO | Director | since 19/06/2024 |
Greta CAMILLERI | Director | since 19/06/2024 |
Hélène MORIN | Director | since 19/06/2024 |
Jan SINKIEVIC | Director | since 19/06/2024 |
Jean Jacques BERNARDINI | Director | since 19/06/2024 |
Jean-François BENON | Director | since 19/06/2024 |
Joaquin GOMEZ | Director | since 19/06/2024 |
Kornelija MLINAREVIC RAZVOJNA | Director | since 19/06/2024 |
Luca CAPRA | Director | since 19/06/2024 |
Nicolaas Maria FOLLINGS Theodorus | Director | since 19/06/2024 |
Rafael ESCAMILLA | Director | since 19/06/2024 |
Valeria BANDINI | Director | since 19/06/2024 |
Ended mandates
| Director | Function | Mandate |
|---|---|---|
| Director | since 16/06/2014 | |
INSTITUT ARAGONES DE FOMENTO | Director | since 16/06/2014 |
| Director | since 16/06/2014 | |
IZMIR DEVELOPMENT AGENCY | Director | since 16/06/2014 |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates06/05/2026DEMISSIONS, NOMINATIONS
- Mandates13/06/2025DEMISSIONS, NOMINATIONS
- Mandates11/03/2025DEMISSIONS, NOMINATIONS
- Mandates12/07/2024SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
- Other30/11/2023STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates21/09/2023DEMISSIONS, NOMINATIONS
- Mandates02/04/2019DEMISSIONS, NOMINATIONS
- Mandates01/10/2018SIEGE SOCIAL - DEMISSIONS, 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 202587,5 k €↓
- 2024Annual accounts 2024224,8 k €↑
- 2023Annual accounts 202318,5 k €↓
- 2022Annual accounts 202283,9 k €↑
- 2021Annual accounts 202149 k €↓
- 2020Annual accounts 202076,8 k €↓
- 2007Annual accounts 200778,4 k €
- 27/11/1991IncorporationNon-profit organization
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Rue de la Loi 155, 1000 BrusselsCurrent | accounts 2023 → 2025 · CBE, tracked since 27/09/2026 | Accounts 2025 · 2026-00406393 |
| Rue Montoyer 24 bte 13, 1000 Brussels | accounts 2021 → 2022 | Accounts 2022 · 2023-00218056 |
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.