EUROPEAN COMPANY OF RESEARCH AND INVESTMENT
0458.485.148 · rovalta.com · 28/09/2026
EUROPEAN COMPANY OF RESEARCH AND INVESTMENT
Financial year 2024 · Closed on 31/12/2024
Overview
Identity
Source · BCE/KBOEUROPEAN COMPANY OF RESEARCH AND INVESTMENT is a Public limited company incorporated in 1996. Its main activity is: Activities of head offices. Its registered office is in Ixelles. It employs on average 3,0 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0458.485.148
- Incorporation
- 06/08/1996
- Legal form
- Public limited company
- Registered office
- Avenue de la Folle Chanson 19
1050 Ixelles · BruxellesSee on map - Contributed capital
- 247 893,52 €
- Latest accounts
- 31/12/2024
- Average workforce
- 3,0 ETP
Financials
Source · NBB, 19 filingsTrend over 19 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 393,3 k € | +6.5% | 369,4 k € | -17.7% | 449 k € | -11.8% | 509 k € | +9.2% | 465,9 k € |
| EBITDA | -140,8 k € | -44.8% | -97,2 k € | -3188% | 3,1 k € | -96.2% | 83,5 k € | -28.9% | 117,4 k € |
| Operating result | -339,2 k € | -4.3% | -325,3 k € | -39.7% | -232,8 k € | -52.7% | -152,5 k € | -28.5% | -118,7 k € |
| Net result | -340,2 k € | +1.2% | -344,1 k € | -48.0% | -232,5 k € | -52.5% | -152,5 k € | -29.4% | -117,8 k € |
| Balance sheet | |||||||||
| Equity | 143 k € | -70.4% | 483,1 k € | -41.6% | 827,3 k € | -21.9% | 1,1 M € | -12.6% | 1,2 M € |
| Total assets | 5,6 M € | -4.9% | 5,9 M € | -4.7% | 6,2 M € | -5.1% | 6,5 M € | -6.3% | 6,9 M € |
| Cash | 75,8 k € | +366% | 16,3 k € | -84.2% | 102,6 k € | -47.3% | 194,7 k € | -48.4% | 377,2 k € |
| Debts | 5,1 M € | +1.0% | 5 M € | +1.1% | 5 M € | -1.9% | 5,1 M € | -5.3% | 5,3 M € |
| Other | |||||||||
| Workforce | 3,0 ETP | 0.0% | 3,0 ETP | 0.0% | 3,0 ETP | 0.0% | 3,0 ETP | 0.0% | 3,0 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
Board of directors
Source · NBB, accounts to 31/12/20245 active · 4 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Jean-Louis WAUCQUEZ | Directorsince 10/06/2024 | ||
Quentin VERCAUTEREN DRUBBEL | Directorsince 10/06/2024 | ||
Sophie PECRIAUX | Managing directorsince 27/06/2013Directorsince 26/06/2013 | ||
Franck JULIEN | Director26/06/2013 → 10/06/2024Managing directorsince 26/06/2013ended | ||
Laurence PECRIAUX | Director26/06/2013 → 10/06/2024 |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
| Managing director03/09/2010 → 26/06/2013 | |||
Anne-Marie Pornel | Directoruntil 26/06/2013 | ||
Bruno Pornel | Managing director |
Other companies at this address
Avenue de la Folle Chanson 19 1050 Ixelles| Company | CBE no. |
|---|---|
AHDS● Active | 0599.833.845 |
AHDS Management● Active | 0738.615.903 |
CITY ONE DEVELOPMENT● Active | 0524.946.479 |
FJ Conseils● Active | 0686.894.414 |
FJ INTERNATIONAL INVEST● Active | 0846.197.217 |
FJ PARTICIPATIONS INVEST● Active | 0508.787.071 |
HMAMA HOUDA - OPHTALMOLOGIE● Active | 1016.987.887 |
NOVACITY● Active | 0870.774.938 |
| 0650.571.377 | |
SP Conseils● Active | 0686.894.315 |
SP Invest Holding● Active | 0535.603.316 |
| 0848.430.789 | |
ZENON DIRECT MARKETING● Active | 0896.348.096 |
Financials
Full financial information
Source · NBB| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 19/11/2025 | 30/09/2024 | 28/10/2023 | 31/10/2022 | 30/10/2021 | 30/09/2020 |
| General meeting | 16/11/2025 | 07/08/2024 | 02/06/2023 | 30/06/2022 | 28/06/2021 | 25/06/2020 |
| 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, 19 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2024 | 16/11/2025 | 19/11/2025 | French | |
| Abridged model | 31/12/2023 | 07/08/2024 | 30/09/2024 | French | |
| Abridged model | 31/12/2022 | 02/06/2023 | 28/10/2023 | French | |
| Abridged model | 31/12/2021 | 30/06/2022 | 31/10/2022 | French | |
| Abridged model | 31/12/2020 | 28/06/2021 | 30/10/2021 | French | |
| Abridged model | 31/12/2019 | 25/06/2020 | 30/09/2020 | French | |
| Abridged model | 31/12/2018 | 04/06/2019 | 30/08/2019 | French | |
| Abridged model | 31/12/2017 | 01/06/2018 | 31/07/2018 | French | |
| Abridged model | 31/12/2016 | 08/06/2017 | 31/07/2017 | French | |
| Abridged model | 31/12/2015 | 03/05/2016 | 30/07/2016 | French | |
| Abridged model | 31/12/2014 | 23/06/2015 | 30/07/2015 | French | |
| Abridged model | 31/12/2013 | 30/06/2014 | 17/08/2014 | French | |
| Abridged model | 31/12/2012 | 30/05/2013 | 27/07/2013 | French | |
| Abridged model | 31/12/2011 | 29/06/2012 | 12/07/2012 | French | |
| Abridged model | 31/12/2010 | 30/06/2011 | 20/07/2011 | French | |
| Abridged model | 31/12/2009 | 30/06/2010 | 14/07/2010 | French | |
| Abridged model | 31/12/2008 | 05/05/2009 | 12/05/2009 | French | |
| Abridged model | 31/12/2007 | 06/05/2008 | 29/05/2008 | French | |
| Abridged model | 31/12/2006 | 02/05/2007 | 21/05/2007 | French |
Valuation
Indicative valuation
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.
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 31/12/20245 active · 4 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Jean-Louis WAUCQUEZ | Directorsince 10/06/2024 | ||
Quentin VERCAUTEREN DRUBBEL | Directorsince 10/06/2024 | ||
Sophie PECRIAUX | Managing directorsince 27/06/2013Directorsince 26/06/2013 | ||
Franck JULIEN | Director26/06/2013 → 10/06/2024Managing directorsince 26/06/2013ended | ||
Laurence PECRIAUX | Director26/06/2013 → 10/06/2024 |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
| Managing director03/09/2010 → 26/06/2013 | |||
Anne-Marie Pornel | Directoruntil 26/06/2013 | ||
Bruno Pornel | Managing director |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Registered office23/12/2024SIEGE SOCIAL
- Mandates04/07/2024DEMISSIONS, NOMINATIONS
- Mandates02/01/2024STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
- Mandates05/08/2013DEMISSIONS, NOMINATIONS
- Mandates11/07/2013SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
- Mandates17/09/2010DEMISSIONS, NOMINATIONS
- Mandates23/04/2009DEMISSIONS, NOMINATIONS
- Mandates04/01/2006DEMISSIONS, NOMINATIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsRegistered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Avenue de la Folle Chanson 19, 1050 IxellesCurrent | accounts 2024 | Accounts 2024 · 2025-00568818 |
| Avenue Winston Churchill 239, 1180 Uccle | accounts 2021 → 2023 | Accounts 2023 · 2024-00489457 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| EUROPEAN COMPANY OF RESEARCH AND INVESTMENTCurrent | accounts 2021 → 2024 | Accounts 2024 · 2025-00568818 |
Events
- 2024Annual accounts 2024-340,2 k €↑
- 2023Annual accounts 2023-344,1 k €↓
- 2022Annual accounts 2022-232,5 k €↓
- 2021Annual accounts 2021-152,5 k €↓
- 2020Annual accounts 2020-117,8 k €↓
- 2019Annual accounts 201952,1 k €↓
- 2018Annual accounts 201888,2 k €↓
- 2017Annual accounts 201792,9 k €↓
- 2016Annual accounts 2016108,5 k €↓
- 2015Annual accounts 2015184,9 k €↑
- 2014Annual accounts 2014-86 k €↓
- 2013Annual accounts 2013-32,5 k €↑
- 2012Annual accounts 2012-41,6 k €↓
- 2011Annual accounts 201151,5 k €↑
- 2010Annual accounts 2010-174,4 k €↓
- 2009Annual accounts 2009-674 €↓
- 2008Annual accounts 200832,8 k €↓
- 2007Annual accounts 200746,4 k €↑
- 2006Annual accounts 200637,1 k €
- 06/08/1996IncorporationPublic limited company