EUROPEAN RESEARCH EN CONSULTANT
0449.690.317 · rovalta.com · 27/09/2026
ACTIVE
EUROPEAN RESEARCH EN CONSULTANT
Financial year 2025 · Closed on 31/12/2025
Net result7 k €+272,2 %over 1 year
Gross margin51,3 k €+54,0 %over 1 year
Equity388,3 k €+1,8 %over 1 year
Overview
Identity
Source · BCE/KBOEUROPEAN RESEARCH EN CONSULTANT is a Public limited company incorporated in 1993. Its registered office is in Tervuren.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0449.690.317
- Incorporation
- 12/03/1993
- Legal form
- Public limited company
- Registered office
- Brusselsesteenweg 59 box 0.2
3080 Tervuren · FlandreSee on map - Contributed capital
- 125 000,01 €
- Latest accounts
- 31/12/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Financials
Source · NBB, 22 filingsTrend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 51,3 k € | +54.0% | 33,3 k € | -24.4% | 44,1 k € | -24.8% | 58,6 k € | +1.7% | 57,6 k € |
| EBITDA | 47 k € | +53.2% | 30,7 k € | -24.8% | 40,8 k € | -26.7% | 55,6 k € | +1.6% | 54,7 k € |
| Operating result | 8,1 k € | +209% | -7,5 k € | -376% | 2,7 k € | -84.5% | 17,5 k € | +5.3% | 16,6 k € |
| Net result | 7 k € | +272% | -4 k € | -132% | 12,7 k € | +7.9% | 11,8 k € | -31.0% | 17,1 k € |
| Balance sheet | |||||||||
| Equity | 388,3 k € | +1.8% | 381,3 k € | -1.1% | 385,3 k € | +0.5% | 383,4 k € | +3.2% | 371,6 k € |
| Total assets | 509,4 k € | -0.2% | 510,7 k € | -6.1% | 544,1 k € | -9.0% | 597,6 k € | -5.8% | 634,4 k € |
| Cash | 46,8 k € | +615% | 6,5 k € | -48.1% | 12,6 k € | -51.1% | 25,7 k € | -4.1% | 26,8 k € |
| Debts | 82,9 k € | -3.1% | 85,6 k € | -21.5% | 109 k € | -31.2% | 158,4 k € | -21.7% | 202,4 k € |
Valuation
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20253 active · 10 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Gery Ghijselings | Managing director | ||
Isabel Ghijselings | Director | 00 | |
Matthias Ghijselings | Director | 000 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Gery Ghijselings | Director | since 21/09/2011 | |
Gery GHIJSELINGS | Director | 21/09/2011 → 16/05/2017 | |
| Managing director | 21/09/2011 → 16/05/2017 | ||
Isabel Ghijselings | Director | since 21/09/2011 | 00 |
Other companies at this address
Brusselsesteenweg 59 3080 Tervuren| Company | CBE no. |
|---|---|
WOOD BEE● Active | 0645.658.526 |
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 | 01/01/2025 | 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 | 30/07/2026 | 30/07/2025 | 11/06/2024 | 14/08/2023 | 01/08/2022 | 31/08/2021 |
| General meeting | 30/06/2026 | 16/05/2025 | 17/05/2024 | 30/06/2023 | 30/06/2022 | 16/06/2021 |
| 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, 22 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 30/06/2026 | 30/07/2026 | Dutch | |
| Micro model | 31/12/2024 | 16/05/2025 | 30/07/2025 | Dutch | |
| Micro model | 31/12/2023 | 17/05/2024 | 11/06/2024 | Dutch | |
| Micro model | 31/12/2022 | 30/06/2023 | 14/08/2023 | Dutch | |
| Micro model | 31/12/2021 | 30/06/2022 | 01/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 16/06/2021 | 31/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 02/09/2020 | 01/10/2020 | Dutch | |
| Micro model | 31/12/2018 | 19/06/2019 | 10/10/2019 | Dutch | |
| Micro modelCorrection | 31/12/2017 | 20/06/2018 | 21/09/2018 | Dutch | |
| Micro model | 31/12/2017 | 20/06/2018 | 31/08/2018 | Dutch | |
| Micro modelCorrection | 31/12/2016 | 21/06/2017 | 27/09/2017 | Dutch | |
| Micro model | 31/12/2016 | 21/06/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 17/05/2016 | 08/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 19/05/2015 | 26/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 24/07/2014 | 30/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 26/08/2013 | 31/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 15/05/2012 | 12/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 31/03/2011 | 17/05/2011 | Dutch | |
| Abridged model | 31/12/2009 | 18/05/2010 | 19/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 23/05/2009 | 22/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 17/06/2008 | 09/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 15/05/2007 | 06/07/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 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 31/12/20253 active · 10 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Gery Ghijselings | Managing director | ||
Isabel Ghijselings | Director | 00 | |
Matthias Ghijselings | Director | 000 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Gery Ghijselings | Director | since 21/09/2011 | |
Gery GHIJSELINGS | Director | 21/09/2011 → 16/05/2017 | |
| Managing director | 21/09/2011 → 16/05/2017 | ||
Isabel Ghijselings | Director | since 21/09/2011 | 00 |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates01/04/2019ONTSLAGEN - BENOEMINGEN
- Registered office06/12/2016MAATSCHAPPELIJKE ZETEL
- Registered office31/10/2012MAATSCHAPPELIJKE ZETEL
- Mandates17/10/2011ONTSLAGEN - BENOEMINGEN
- Mandates09/11/2005ONTSLAGEN - BENOEMINGEN
- Capital / shares03/03/2004KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 20257 k €↑
- 2024Annual accounts 2024-4 k €↓
- 2023Annual accounts 202312,7 k €↑
- 2022Annual accounts 202211,8 k €↓
- 2021Annual accounts 202117,1 k €↑
- 2020Annual accounts 2020-23,5 k €↓
- 2019Annual accounts 201918,7 k €↑
- 2018Annual accounts 2018-26,3 k €↑
- 2017Annual accounts 2017-31 k €↓
- 2016Annual accounts 2016-17,6 k €↓
- 2015Annual accounts 201513,8 k €↑
- 2014Annual accounts 201412,6 k €↓
- 2013Annual accounts 201317,8 k €↓
- 2012Annual accounts 2012260,8 k €↑
- 2011Annual accounts 2011-10,7 k €↑
- 2010Annual accounts 2010-11,9 k €↓
- 2009Annual accounts 20098,5 k €
- 12/03/1993IncorporationPublic limited company
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| EUROPEAN RESEARCH EN CONSULTANTCurrent | CBE, tracked since 27/09/2026 | CBE |
| ERC | accounts 2021 → 2025 | Accounts 2025 · 2026-00375317 |
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.