ACTIVE

CONNECT EUROPE

Financial year 2025 · Closed on 31/12/2025

Net result115,4 k €-55,8 %over 1 year
Gross margin2,1 M €-10,9 %over 1 year
Equity1,2 M €+10,3 %over 1 year
Workforce10,7 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

CONNECT EUROPE is a International 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 10,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0448.199.881
Incorporation
17/09/1992
Legal form
International non-profit organization
Registered office
Boulevard du Régent 43-44
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
10,7 ETP
Joint committees (1)
  • 335
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 13 filings

Trend over 13 financial years

20252024202320222021
Income statement
Gross margin2,1 M €2,3 M €2 M €1,4 M €1,9 M €
EBITDA161,1 k €280,4 k €43,5 k €-829,9 k €172,8 k €
Operating result135,1 k €261,7 k €23,8 k €-866 k €136,8 k €
Net result115,4 k €260,9 k €22,6 k €-869,1 k €134,4 k €
Balance sheet
Equity1,2 M €1,1 M €696,7 k €674,1 k €1,5 M €
Total assets2,1 M €1,7 M €1,4 M €1,9 M €2,1 M €
Cash1,7 M €1,3 M €994 k €913,8 k €1,9 M €
Debts702,3 k €446,4 k €573,2 k €534,5 k €492,7 k €
Other
Workforce10,7 ETP10,7 ETP11,0 ETP11,4 ETP10,8 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

15 active · 97 ended

Active mandates

Swisscom

Director · since 01 mars 2026 · until 31 décembre 2026

Represented by Thomas Stemmler

Active
A1 TELEKOM AUSTRIA

Director · since 01 janvier 2026 · until 31 décembre 2028

Represented by Michael Seitlinger

Active
FiberCop

Director · since 01 janvier 2026 · until 31 décembre 2028

Represented by Simona Girolamo

Active
MEO - Serviços de Communicações e Multimédia S.A.

Director · since 01 janvier 2026 · until 31 décembre 2028

Represented by Pedro Gonçalves

Active
Steven Tas

Chairman of the board of directors · since 01 janvier 2026 · until 31 décembre 2026

Active
TELEFONICA SA DE DROIT ESPAGNOL

Director · since 01 janvier 2026 · until 31 décembre 2028

Represented by Maria Amaia Betelu Bazo

Active
UNITED GROUP

Director · since 01 janvier 2026 · until 31 décembre 2028

Represented by Janet Zaharieva

Active
KPN N.V.

Director · since 01 janvier 2025 · until 31 décembre 2027

Represented by Jacobus Huigen

Active
Liberty Global b.v.

Director · since 01 janvier 2025 · until 31 décembre 2027

Represented by Eke Maria Vermeer

Active
Orange

Director · since 01 janvier 2025 · until 31 décembre 2027

Represented by Pascal Rogard

Active
TELENOR ASA

Director · since 01 janvier 2025 · until 31 décembre 2027

Represented by Krisztina Baracsi

Active
Alessandro Gropelli

Managing director · since 17 novembre 2024

Active
DEUTSCHE TELEKOM AG

Director · since 01 janvier 2024 · until 31 décembre 2026

Represented by Jakob GREINER

Active
PROXIMUS

Director · since 01 janvier 2024 · until 31 décembre 2026 · 0202.239.951

Represented by Steven Tas

Active
TIM

Director · since 01 janvier 2024 · until 31 décembre 2026

Represented by Robustelli Giacomo

Active

Ended mandates

BRITISH TELECOMMUNICATIONS PLC

Director · since 01 janvier 2025 · until 31 décembre 2027

Represented by Daniel WILSON

Ended
KPN

Director · since 01 janvier 2025 · until 31 décembre 2027

Represented by Jacobus HUIGEN

Ended
Liberty Global

Director · since 01 janvier 2025 · until 31 décembre 2027

Represented by Eke Vermeer

Ended
ORANGE

Director · since 01 janvier 2025 · until 31 décembre 2027

Represented by Pascal ROGARD

Ended

Other companies at this address

Boulevard du Régent 43-44 1000 Bruxelles

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged 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 date14/07/202607/07/202524/06/202427/06/202326/06/202230/09/2021
General meeting18/06/202604/06/202531/05/202426/05/202326/05/202221/05/2021
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, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/06/202614/07/2026FrenchPDF
Abridged model31/12/202404/06/202507/07/2025FrenchPDF
Abridged model31/12/202331/05/202424/06/2024FrenchPDF
Abridged model31/12/202226/05/202327/06/2023FrenchPDF
Abridged model31/12/202126/05/202226/06/2022FrenchPDF
Abridged model31/12/202021/05/202130/09/2021FrenchPDF
Abridged model31/12/201925/05/202010/09/2020FrenchPDF
Abridged model31/12/201828/05/201905/09/2019FrenchPDF
Abridged model31/12/201730/05/201820/08/2018FrenchPDF
Abridged model31/12/201606/06/201706/07/2017FrenchPDF
Abridged model31/12/201515/06/201619/07/2016FrenchPDF
Abridged model31/12/201420/05/201512/08/2015FrenchPDF
Abridged model31/12/201330/06/201430/06/2014FrenchPDF

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

15 active · 97 ended

Active mandates

Swisscom

Director · since 01 mars 2026 · until 31 décembre 2026

Represented by Thomas Stemmler

Active
A1 TELEKOM AUSTRIA

Director · since 01 janvier 2026 · until 31 décembre 2028

Represented by Michael Seitlinger

Active
FiberCop

Director · since 01 janvier 2026 · until 31 décembre 2028

Represented by Simona Girolamo

Active
MEO - Serviços de Communicações e Multimédia S.A.

Director · since 01 janvier 2026 · until 31 décembre 2028

Represented by Pedro Gonçalves

Active
Steven Tas

Chairman of the board of directors · since 01 janvier 2026 · until 31 décembre 2026

Active
TELEFONICA SA DE DROIT ESPAGNOL

Director · since 01 janvier 2026 · until 31 décembre 2028

Represented by Maria Amaia Betelu Bazo

Active
UNITED GROUP

Director · since 01 janvier 2026 · until 31 décembre 2028

Represented by Janet Zaharieva

Active
KPN N.V.

Director · since 01 janvier 2025 · until 31 décembre 2027

Represented by Jacobus Huigen

Active
Liberty Global b.v.

Director · since 01 janvier 2025 · until 31 décembre 2027

Represented by Eke Maria Vermeer

Active
Orange

Director · since 01 janvier 2025 · until 31 décembre 2027

Represented by Pascal Rogard

Active
TELENOR ASA

Director · since 01 janvier 2025 · until 31 décembre 2027

Represented by Krisztina Baracsi

Active
Alessandro Gropelli

Managing director · since 17 novembre 2024

Active
DEUTSCHE TELEKOM AG

Director · since 01 janvier 2024 · until 31 décembre 2026

Represented by Jakob GREINER

Active
PROXIMUS

Director · since 01 janvier 2024 · until 31 décembre 2026 · 0202.239.951

Represented by Steven Tas

Active
TIM

Director · since 01 janvier 2024 · until 31 décembre 2026

Represented by Robustelli Giacomo

Active

Ended mandates

BRITISH TELECOMMUNICATIONS PLC

Director · since 01 janvier 2025 · until 31 décembre 2027

Represented by Daniel WILSON

Ended
KPN

Director · since 01 janvier 2025 · until 31 décembre 2027

Represented by Jacobus HUIGEN

Ended
Liberty Global

Director · since 01 janvier 2025 · until 31 décembre 2027

Represented by Eke Vermeer

Ended
ORANGE

Director · since 01 janvier 2025 · until 31 décembre 2027

Represented by Pascal ROGARD

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/04/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/12/2024
    DENOMINATION - DEMISSIONS, NOMINATIONS
    PDF
  • Other16/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates21/12/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/05/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/04/2023
    DEMISSIONS, NOMINATIONS
    PDF

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 2025115,4 k €↓
  2. 2024
    Annual accounts 2024260,9 k €↑
  3. 2024
    Name changeCONNECT EUROPE
  4. 2023
    Annual accounts 202322,6 k €↑
  5. 2022
    Annual accounts 2022-869,1 k €↓
  6. 2021
    Annual accounts 2021134,4 k €↑
  7. 2020
    Annual accounts 2020-158,7 k €↓
  8. 2019
    Annual accounts 20191,8 k €↓
  9. 2018
    Annual accounts 2018270,4 k €↑
  10. 2017
    Annual accounts 2017-262,2 k €↓
  11. 2016
    Annual accounts 2016337,2 k €↑
  12. 2015
    Annual accounts 201596,4 k €↓
  13. 2014
    Annual accounts 2014103,6 k €↓
  14. 2013
    Annual accounts 2013259 k €
  15. 2013
    Name changeEUROPEAN TELECOMMUNICATIONS NETWORK OPERATOR'S ASSOCIATION
  16. 17/09/1992
    IncorporationInternational non-profit organization