ACTIVE

Eurocities

Financial year 2025 · closed on 31/12/2025
Net result
21,6 k €
+115.3% YoY
Revenue
97,4 k €
+413.1% YoY
Equity
2,6 M €
+0.8% YoY
Workforce
77,0 ETP
-4.9% YoY

What does Eurocities do?

Eurocities is a Non-profit organization incorporated in 1992. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Bruxelles. It employs on average 77,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0447.820.987
Incorporation
11/05/1992
Legal form
Non-profit organization
Registered office
Square de Meeûs 1
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
77,0 ETP
Joint committees (1)
  • 200
Contacts
3 public details availableLog in to view
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue97,4 k €19 k €17,5 k €5,6 k €74,6 k €11,4 k €108,4 k €8 k €13,9 k €21,6 k €31,7 k €66 k €2,2 M €2,3 M €2,3 M €2,4 M €2,4 M €2,4 M €2,4 M €
EBITDA82,6 k €-173,7 k €-164,5 k €280,6 k €810,3 k €417,4 k €231,8 k €281,5 k €596,3 k €306,5 k €147,4 k €311,7 k €101 k €209,2 k €165,2 k €264,9 k €318,7 k €189 k €-49 k €
Operating result-49,6 k €-303,7 k €-304 k €94,6 k €742,6 k €259,3 k €112,5 k €182,7 k €494 k €208,5 k €10,4 k €170,6 k €17,9 k €52,1 k €40,6 k €23,3 k €53,3 k €24,8 k €-78,4 k €
Net result21,6 k €-141,2 k €-248,8 k €78,5 k €726,4 k €252,2 k €101,2 k €182,4 k €486,1 k €201,2 k €5,8 k €168,3 k €3,4 k €48,9 k €41,4 k €19,2 k €53,3 k €48,4 k €-75 k €
Balance sheet
Equity2,6 M €2,6 M €2,7 M €3 M €2,9 M €2,2 M €1,9 M €1,8 M €1,6 M €1,1 M €945,1 k €939,3 k €771 k €767,5 k €718,6 k €677,2 k €658 k €714,8 k €666,4 k €
Total assets16,1 M €20,7 M €18,4 M €13,6 M €13,8 M €9,8 M €7,1 M €6,2 M €7,6 M €6,7 M €7 M €5,9 M €5,3 M €4,7 M €8,2 M €6,9 M €6,7 M €3,8 M €2,5 M €
Cash2,9 M €1,1 M €4,7 M €5 M €7,5 M €4,4 M €3,3 M €2,4 M €2,7 M €2 M €1,6 M €1,8 M €1,2 M €1,5 M €1,8 M €1,9 M €1,2 M €1,2 M €329,9 k €
Debts1,2 M €1,8 M €1,5 M €937,1 k €866,3 k €504,2 k €513,7 k €574,7 k €574,7 k €585,2 k €898,2 k €628,2 k €753,3 k €807,6 k €881 k €862,1 k €637,8 k €627 k €848,9 k €
Other
Workforce77,0 ETP81,0 ETP77,0 ETP60,0 ETP52,1 ETP47,1 ETP45,4 ETP42,9 ETP40,7 ETP37,3 ETP36,0 ETP33,5 ETP33,6 ETP36,8 ETP34,2 ETP31,9 ETP30,7 ETP26,2 ETP28,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 12 active · 60 ended

Active mandates

Stad Gent

Vice-chairman of the board of directors · since 01 juillet 2025 · until 30 juin 2028 · 0207.451.227

Represented by Mathias De Clercq

Active
Ville de Francfort

Director · since 01 juillet 2025 · until 30 juin 2028

Represented by Mike Josef

Active
Ville d'Athènes

Director · since 30 juin 2024 · until 30 juin 2027

Represented by Haris Doukas

Active
Ville d'Helsinki

Director · since 30 juin 2024 · until 30 juin 2027

Represented by Mikael Vartiainen

Active
Ville de Sofia

Director · since 30 juin 2024 · until 30 juin 2027

Represented by Vassil Terziev

Active
Ville de Tallinn

Director · since 18 avril 2024 · until 30 juin 2027

Represented by Jevgeni Ossinovski

Active
Ville d'Oslo

Director · since 05 novembre 2020 · until 30 juin 2027

Represented by Raymong Johansen

Active
Ville de Braga

Director · since 05 novembre 2020 · until 30 juin 2027

Represented by Ricardo Rio

Active
Ville de Florence

Director · since 05 novembre 2020 · until 30 juin 2027

Represented by Dario Nardella

Active
Ville de Nantes

Director · since 22 novembre 2019 · until 30 juin 2027

Represented by Johanna Rolland

Active
Ville de Vienne

Director · since 22 novembre 2019 · until 30 juin 2027

Represented by Michael Ludwig

Active
Ville de Barcelone

Director · since 30 novembre 2018 · until 30 juin 2028

Represented by Ada Colau

Active

Ended mandates

Ville de Leipzig

Chairman of the board of directors · since 01 juin 2021 · until 30 juin 2025

Represented by Burkhard Jung

Ended
Ville de Leipzig

Director · since 01 juin 2021 · until 30 juin 2025

Represented by Burkhard Jung

Ended
Ville d'Oslo

Director · since 05 novembre 2020 · until 04 novembre 2023

Ended
Ville d'Oslo

Director · since 05 novembre 2020 · until 30 juin 2024

Represented by Raymong Johansen

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged 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 date29/06/202616/07/202504/06/202413/06/202328/06/202207/03/2022
General meeting10/06/202606/06/202531/05/202412/06/202310/06/202227/05/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202510/06/202629/06/2026FrenchPDF
Full model31/12/202406/06/202516/07/2025FrenchPDF
Full model31/12/202331/05/202404/06/2024FrenchPDF
Full model31/12/202212/06/202313/06/2023FrenchPDF
Abridged model31/12/202110/06/202228/06/2022FrenchPDF
Abridged model31/12/202027/05/202107/03/2022FrenchPDF
Abridged model31/12/201912/06/202016/06/2020FrenchPDF
Abridged model31/12/201816/05/201903/06/2019FrenchPDF
Abridged model31/12/201718/05/201823/05/2018FrenchPDF
Abridged model31/12/201619/05/201729/05/2017FrenchPDF
Abridged model31/12/201512/05/201602/09/2016FrenchPDF
Abridged model31/12/201421/05/201515/06/2015FrenchPDF
Abridged model31/12/201330/06/201402/03/2015FrenchPDF
Abridged model31/12/201230/06/201317/07/2013FrenchPDF
Abridged model31/12/201113/07/201213/07/2012FrenchPDF
Abridged model31/12/201031/07/201105/08/2011FrenchPDF
Abridged model31/12/200930/06/201015/09/2010FrenchPDF
Abridged model31/12/200827/11/200908/12/2009FrenchPDF
Abridged model31/12/200731/05/200812/01/2009FrenchPDF
Abridged model31/12/200623/11/200706/02/2008FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 12 active · 60 ended

Active mandates

Stad Gent

Vice-chairman of the board of directors · since 01 juillet 2025 · until 30 juin 2028 · 0207.451.227

Represented by Mathias De Clercq

Active
Ville de Francfort

Director · since 01 juillet 2025 · until 30 juin 2028

Represented by Mike Josef

Active
Ville d'Athènes

Director · since 30 juin 2024 · until 30 juin 2027

Represented by Haris Doukas

Active
Ville d'Helsinki

Director · since 30 juin 2024 · until 30 juin 2027

Represented by Mikael Vartiainen

Active
Ville de Sofia

Director · since 30 juin 2024 · until 30 juin 2027

Represented by Vassil Terziev

Active
Ville de Tallinn

Director · since 18 avril 2024 · until 30 juin 2027

Represented by Jevgeni Ossinovski

Active
Ville d'Oslo

Director · since 05 novembre 2020 · until 30 juin 2027

Represented by Raymong Johansen

Active
Ville de Braga

Director · since 05 novembre 2020 · until 30 juin 2027

Represented by Ricardo Rio

Active
Ville de Florence

Director · since 05 novembre 2020 · until 30 juin 2027

Represented by Dario Nardella

Active
Ville de Nantes

Director · since 22 novembre 2019 · until 30 juin 2027

Represented by Johanna Rolland

Active
Ville de Vienne

Director · since 22 novembre 2019 · until 30 juin 2027

Represented by Michael Ludwig

Active
Ville de Barcelone

Director · since 30 novembre 2018 · until 30 juin 2028

Represented by Ada Colau

Active

Ended mandates

Ville de Leipzig

Chairman of the board of directors · since 01 juin 2021 · until 30 juin 2025

Represented by Burkhard Jung

Ended
Ville de Leipzig

Director · since 01 juin 2021 · until 30 juin 2025

Represented by Burkhard Jung

Ended
Ville d'Oslo

Director · since 05 novembre 2020 · until 04 novembre 2023

Ended
Ville d'Oslo

Director · since 05 novembre 2020 · until 30 juin 2024

Represented by Raymong Johansen

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other17/07/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates04/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/09/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/06/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/05/2022
    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 202521,6 k €
  2. 2024
    Annual accounts 2024-141,2 k €
  3. 2023
    Annual accounts 2023-248,8 k €
  4. 2022
    Annual accounts 202278,5 k €
  5. 2021
    Annual accounts 2021726,4 k €
  6. 2020
    Annual accounts 2020252,2 k €
  7. 2019
    Annual accounts 2019101,2 k €
  8. 2018
    Annual accounts 2018182,4 k €
  9. 2017
    Annual accounts 2017486,1 k €
  10. 2016
    Annual accounts 2016201,2 k €
  11. 2015
    Annual accounts 20155,8 k €
  12. 2014
    Annual accounts 2014168,3 k €
  13. 2013
    Annual accounts 20133,4 k €
  14. 2012
    Annual accounts 201248,9 k €
  15. 2011
    Annual accounts 201141,4 k €
  16. 2010
    Annual accounts 201019,2 k €
  17. 2009
    Annual accounts 200953,3 k €
  18. 2008
    Annual accounts 200848,4 k €
  19. 2007
    Annual accounts 2007-75 k €
  20. 11/05/1992
    IncorporationNon-profit organization