ACTIVE

European Center for Local Initiatives Development and Services

Financial year 2025 · closed on 31/12/2025
Net result
3,6 k €
+237.5% YoY
Revenue
549,5 k €
-4.2% YoY
Equity
131,3 k €
+6.1% YoY
Workforce
10,6 ETP
-4.5% YoY

What does European Center for Local Initiatives Development and Services do?

European Center for Local Initiatives Development and Services is a Cooperative society incorporated in 1994. Its main activity is: Management consultancy activities. Its registered office is in Anderlecht. It employs on average 10,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0453.629.012
Incorporation
24/10/1994
Legal form
Cooperative society
Registered office
Rue du Chimiste 34-36
1070 Anderlecht · BruxellesSee on map
Contributed capital
176 068,29 €
Latest accounts
31/12/2025
Average workforce
10,6 ETP
Joint committees (4)
  • 100
  • 121
  • 200
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue549,5 k €573,4 k €630,6 k €603,2 k €552,9 k €482,9 k €472 k €431 k €489,3 k €478,3 k €434,7 k €457,9 k €455,5 k €395 k €668 k €593,2 k €669,1 k €773,7 k €
EBITDA33,5 k €29,9 k €19,2 k €18,1 k €43,1 k €20,9 k €67,2 k €51,5 k €70,4 k €68,1 k €42,6 k €47,9 k €84,8 k €63,5 k €104,4 k €101,6 k €74,8 k €41,2 k €101,4 k €87,8 k €
Operating result16,2 k €11,9 k €-5,3 k €-3,6 k €3 k €-2 k €26,5 k €18 k €19,5 k €-3,2 k €-7,8 k €-13,5 k €3,5 k €-34,2 k €25,1 k €-5,5 k €-2,6 k €-45,9 k €-22,7 k €-22,5 k €
Net result3,6 k €-2,6 k €-4,5 k €-4,2 k €-3,9 k €3,1 k €14,8 k €1,8 k €3,3 k €-20,9 k €2,6 k €-19,5 k €2,1 k €-10,1 k €30,4 k €2,2 k €3,2 k €-3,3 k €4,3 k €8,6 k €
Balance sheet
Equity131,3 k €123,7 k €128,1 k €134,3 k €140,3 k €145,9 k €144,6 k €113,9 k €112,2 k €108,9 k €129,7 k €130,3 k €153,9 k €160 k €196,7 k €178,6 k €191,5 k €205,1 k €233,3 k €255,3 k €
Total assets791,8 k €715,3 k €826 k €887,7 k €618,3 k €499,8 k €396 k €349,9 k €373,5 k €323,8 k €372,8 k €397,8 k €384,2 k €422,3 k €491,2 k €552,2 k €567,4 k €646,3 k €842,2 k €972,9 k €
Cash62,4 k €85 k €39,7 k €137,6 k €78,8 k €155,3 k €77,9 k €74,9 k €62,6 k €8,4 k €38,8 k €22,4 k €25,6 k €16,2 k €15,2 k €33,4 k €49,2 k €16,3 k €27,2 k €40 k €
Debts486,9 k €254,6 k €319,6 k €319,9 k €281,7 k €259,8 k €222,1 k €234,2 k €261,3 k €189,9 k €243,1 k €253,6 k €200,1 k €196,7 k €218,8 k €283,8 k €250,3 k €350,7 k €482 k €470,7 k €
Other
Workforce10,6 ETP11,1 ETP11,1 ETP12,5 ETP11,5 ETP9,4 ETP6,0 ETP7,7 ETP8,5 ETP8,5 ETP8,4 ETP8,0 ETP6,9 ETP6,1 ETP6,0 ETP7,0 ETP7,0 ETP6,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 42 ended

Active mandates

Dounia ALLALI

Director · since 26 juin 2025 · until 26 juin 2031

Active
Annelore ISAAC

Director · since 18 juin 2025 · until 26 juin 2031

Active
Dirk VAN DE PUTTE

Managing director · since 18 juin 2025 · until 26 juin 2031

Active
LE TRAIT D'UNION - ANDERLECHT

Director · since 18 juin 2025 · until 26 juin 2031 · 0432.063.041

Represented by Sheila MUTETELI

Active
ABATTOIR

Director · since 28 juin 2023 · until 28 juin 2029 · 0425.276.704

Represented by Joris TIEBOUT

Active
Marc RENSON

Chairman of the board of directors · since 16 juin 2022 · until 16 juin 2028

Active

Ended mandates

Dounia ALLALI

Director · since 16 juin 2022 · until 16 juin 2028

Ended
Pierre RENIERS

Chairman of the board of directors · since 16 juin 2022 · until 07 juillet 2024

Ended
Annelore ISAAC

Director · since 26 juin 2019 · until 18 juin 2025

Ended
Dirk VAN DE PUTTE

Director · since 26 juin 2019 · until 18 juin 2025

Ended
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Annual accounts

Full financial information

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 date18/06/202630/06/202528/06/202426/06/202329/06/202225/06/2021
General meeting11/06/202618/06/202515/06/202414/06/202315/06/202209/06/2021
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

24 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/06/202618/06/2026FrenchPDF
Abridged model31/12/202418/06/202530/06/2025FrenchPDF
Abridged model31/12/202315/06/202428/06/2024FrenchPDF
Abridged model31/12/202214/06/202326/06/2023FrenchPDF
Abridged model31/12/202115/06/202229/06/2022FrenchPDF
Abridged model31/12/202009/06/202125/06/2021FrenchPDF
Micro model31/12/201917/06/202001/07/2020FrenchPDF
Micro model31/12/201826/06/201916/07/2019FrenchPDF
Abridged model31/12/201826/06/201916/07/2019DutchPDF
Abridged model31/12/201727/06/201810/07/2018DutchPDF
Abridged model31/12/201727/06/201810/07/2018FrenchPDF
Abridged model31/12/201628/06/201707/09/2017DutchPDF
Abridged model31/12/201628/06/201714/07/2017FrenchPDF
Abridged model31/12/201523/06/201601/07/2016FrenchPDF
Abridged model31/12/201417/06/201503/07/2015FrenchPDF
Abridged model31/12/201318/06/201423/07/2014FrenchPDF
Abridged model31/12/201219/06/201315/07/2013FrenchPDF
Abridged model31/12/201120/06/201204/07/2012FrenchPDF
Abridged model31/12/201015/06/201128/06/2011FrenchPDF
Abridged model31/12/200915/06/201030/06/2010FrenchPDF
Abridged modelCorrection31/12/200816/06/200930/06/2010FrenchPDF
Abridged model31/12/200816/06/200906/07/2009FrenchPDF
Abridged model31/12/200720/06/200807/08/2008FrenchPDF
Abridged model31/12/200630/06/200726/07/2007FrenchPDF
Estimate

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.

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 · 6 active · 42 ended

Active mandates

Dounia ALLALI

Director · since 26 juin 2025 · until 26 juin 2031

Active
Annelore ISAAC

Director · since 18 juin 2025 · until 26 juin 2031

Active
Dirk VAN DE PUTTE

Managing director · since 18 juin 2025 · until 26 juin 2031

Active
LE TRAIT D'UNION - ANDERLECHT

Director · since 18 juin 2025 · until 26 juin 2031 · 0432.063.041

Represented by Sheila MUTETELI

Active
ABATTOIR

Director · since 28 juin 2023 · until 28 juin 2029 · 0425.276.704

Represented by Joris TIEBOUT

Active
Marc RENSON

Chairman of the board of directors · since 16 juin 2022 · until 16 juin 2028

Active

Ended mandates

Dounia ALLALI

Director · since 16 juin 2022 · until 16 juin 2028

Ended
Pierre RENIERS

Chairman of the board of directors · since 16 juin 2022 · until 07 juillet 2024

Ended
Annelore ISAAC

Director · since 26 juin 2019 · until 18 juin 2025

Ended
Dirk VAN DE PUTTE

Director · since 26 juin 2019 · until 18 juin 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/10/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/10/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/03/2020
    OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Other15/05/2018
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates12/10/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/09/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Other15/07/2016
    OBJET
    PDF
  • Mandates07/08/2015
    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 20253,6 k €
  2. 2024
    Annual accounts 2024-2,6 k €
  3. 2023
    Annual accounts 2023-4,5 k €
  4. 2022
    Annual accounts 2022-4,2 k €
  5. 2021
    Annual accounts 2021-3,9 k €
  6. 2020
    Annual accounts 20203,1 k €
  7. 2019
    Annual accounts 201914,8 k €
  8. 2018
    Annual accounts 20181,8 k €
  9. 2017
    Annual accounts 20173,3 k €
  10. 2016
    Annual accounts 2016-20,9 k €
  11. 2015
    Annual accounts 20152,6 k €
  12. 2014
    Annual accounts 2014-19,5 k €
  13. 2013
    Annual accounts 20132,1 k €
  14. 2012
    Annual accounts 2012-10,1 k €
  15. 2011
    Annual accounts 201130,4 k €
  16. 2010
    Annual accounts 20102,2 k €
  17. 2009
    Annual accounts 20093,2 k €
  18. 2008
    Annual accounts 2008-3,3 k €
  19. 2007
    Annual accounts 20074,3 k €
  20. 2006
    Annual accounts 20068,6 k €
  21. 24/10/1994
    IncorporationCooperative society