ACTIVE

Association européenne de Micro-ondes - European Microwave Association

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Financial year 2025 · Closed on 31/12/2025

Net result120,7 k €+4,5 %over 1 year

Gross margin447,8 k €+33,3 %over 1 year

Equity2,8 M €+4,4 %over 1 year

Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

Association européenne de Micro-ondes - European Microwave Association is a International non-profit organization incorporated in 1998. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Ottignies-Louvain-la-Neuve. It employs on average 1,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0464.401.356
Incorporation: 29/10/1998
Legal form: International non-profit organization
Registered office: Rue Louis de Geer 6
1348 Ottignies-Louvain-la-Neuve · WallonieSee on map
Latest accounts: 31/12/2025
Average workforce: 1,0 ETP

Activities (NACE)

91110Libraries, archives, museums and other cultural activities· main 94110Activities of business and employers membership organisations 94110Activities of business and employers membership organisations 94120Activities of professional membership organisations 82300Organisation of conventions and trade shows

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 13 filings

Trend over 13 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	447,8 k €	+33.3%	335,9 k €	-49.9%	670 k €	+89.4%	353,7 k €	+54.9%	228,4 k €
EBITDA	134,3 k €	-11.4%	151,5 k €	-61.2%	390,3 k €	+92.6%	202,6 k €	+74.7%	116 k €
Operating result	132,7 k €	-10.0%	147,4 k €	-62.1%	388,5 k €	+93.2%	201,1 k €	+61.1%	124,8 k €
Net result	120,7 k €	+4.5%	115,4 k €	-67.7%	357,1 k €	+568%	53,5 k €	-63.5%	146,5 k €
Balance sheet
Equity	2,8 M €	+4.4%	2,7 M €	+4.4%	2,6 M €	+15.9%	2,2 M €	+2.4%	2,2 M €
Total assets	4,5 M €	-1.5%	4,5 M €	+23.2%	3,7 M €	+25.3%	2,9 M €	+4.6%	2,8 M €
Cash	745,7 k €	-40.8%	1,3 M €	-4.1%	1,3 M €	+15.8%	1,1 M €	+567%	170,2 k €
Debts	1,1 M €	-16.4%	1,3 M €	+119%	604,1 k €	+47.6%	409,2 k €	+556%	62,3 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 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

9 active · 23 ended

Active mandates

Director	Mandates in this company	Period
Alessandra Costanzo	Director01/01/2025 → 31/12/2027
Bart Nauwelaers	Managing director01/01/2025 → 31/12/2027
Francis van den Bogaart	Chairman of the board of directors01/01/2025 → 31/12/2027
Nicholas Ridler	Director01/01/2025 → 31/12/2027
Renato Lombardi	Director01/01/2025 → 31/12/2027Mandateended
Thomas Zwick	Director01/01/2025 → 31/12/2027Mandateended
Denis Barataud	Director01/01/2024 → 31/12/2026Mandateended
Frank van Vliet	Director01/01/2024 → 31/12/2026Mandateended
Stefan Christian Fager	Director01/01/2024 → 31/12/2026

Ended mandates

Director	Mandates in this company	Period
Frank van den Bogaart	Chairman of the board of directors01/01/2025 → 31/12/2027
Christian Fager	Director01/01/2024 → 31/12/2026
Volker Ziegler	Director01/01/2023 → 31/12/2025
Danielle Vanhoenacker-Janvier	Director30/06/2022 → 30/06/2025

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Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	18/08/2026	20/06/2025	01/07/2024	01/09/2023	03/05/2022	20/08/2021
General meeting	19/04/2026	29/04/2025	07/05/2024	17/05/2023	03/04/2022	26/03/2021
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 · NBB

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Annual accounts filings

Source · NBB, 13 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/04/2026	18/08/2026	French	PDF
Abridged model	31/12/2024	29/04/2025	20/06/2025	French	PDF
Abridged model	31/12/2023	07/05/2024	01/07/2024	French	PDF
Abridged model	31/12/2022	17/05/2023	01/09/2023	French	PDF
Abridged model	31/12/2021	03/04/2022	03/05/2022	French	PDF
Abridged model	31/12/2020	26/03/2021	20/08/2021	French	PDF
Abridged model	31/12/2019	03/06/2020	30/07/2020	French	PDF
Abridged model	31/12/2018	07/04/2019	08/04/2019	French	PDF
Abridged model	31/12/2017	08/04/2018	03/04/2019	French	PDF
Abridged model	31/12/2016	26/03/2017	09/05/2017	French	PDF
Abridged model	31/12/2015	20/03/2016	22/03/2016	French	PDF
Abridged model	31/12/2014	29/03/2015	30/04/2015	French	PDF
Abridged model	31/12/2013	30/03/2014	16/06/2014	French	PDF

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

9 active · 23 ended

Active mandates

Director	Mandates in this company	Period
Alessandra Costanzo	Director01/01/2025 → 31/12/2027
Bart Nauwelaers	Managing director01/01/2025 → 31/12/2027
Francis van den Bogaart	Chairman of the board of directors01/01/2025 → 31/12/2027
Nicholas Ridler	Director01/01/2025 → 31/12/2027
Renato Lombardi	Director01/01/2025 → 31/12/2027Mandateended
Thomas Zwick	Director01/01/2025 → 31/12/2027Mandateended
Denis Barataud	Director01/01/2024 → 31/12/2026Mandateended
Frank van Vliet	Director01/01/2024 → 31/12/2026Mandateended
Stefan Christian Fager	Director01/01/2024 → 31/12/2026

Ended mandates

Director	Mandates in this company	Period
Frank van den Bogaart	Chairman of the board of directors01/01/2025 → 31/12/2027
Christian Fager	Director01/01/2024 → 31/12/2026
Volker Ziegler	Director01/01/2023 → 31/12/2025
Danielle Vanhoenacker-Janvier	Director30/06/2022 → 30/06/2025

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/04/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates05/02/2025
DEMISSIONS, NOMINATIONS
PDF
Registered office08/07/2024
SIEGE SOCIAL
PDF
Mandates02/04/2024
DEMISSIONS, NOMINATIONS
PDF
Other06/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates28/03/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates10/03/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates08/03/2021
DEMISSIONS, NOMINATIONS
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings13 filings

Mandates

Francis van den Bogaart

Renato Lombardi

Alessandra Costanzo

Nicholas Ridler

Bart Nauwelaers

Thomas Zwick

Denis Barataud

Stefan Christian Fager

Frank van Vliet

Frank van den Bogaart

Christian Fager

Volker Ziegler

and 1 more mandate

199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027

EUMA AISBLAssociation européenne de Micro-ondes - European Microwave Association

Rue Louis de Geer 6, 1348 Louvain-la-NeuvePlace du Levant 3, 1348 Louvain-la-Neuve

Chairman of the board of directors

Director

Managing director

Director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Louis de Geer 6, 1348 Louvain-la-NeuveCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00422488
Place du Levant 3, 1348 Louvain-la-Neuve	accounts 2021 → 2023	Accounts 2023 · 2024-00222240

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Association européenne de Micro-ondes - European Microwave AssociationCurrent		CBE
EUMA AISBL	accounts 2024 → 2025	Accounts 2025 · 2026-00422488
Association européenne de Micro-ondes - European Microwave Association	accounts 2013 → 2023	Accounts 2023 · 2024-00222240

Events

2025
Annual accounts 2025120,7 k €↑
2024
Annual accounts 2024115,4 k €↓
2024
Name changeEUMA AISBL
2023
Annual accounts 2023357,1 k €↑
2022
Annual accounts 202253,5 k €↓
2021
Annual accounts 2021146,5 k €↑
2020
Annual accounts 2020-351 k €↓
2019
Annual accounts 2019-11,9 k €↓
2018
Annual accounts 2018207,9 k €↓
2017
Annual accounts 2017240,3 k €↓
2016
Annual accounts 2016244,8 k €↑
2015
Annual accounts 201552,9 k €↑
2014
Annual accounts 201421,2 k €↓
2013
Annual accounts 2013100,4 k €
29/10/1998
IncorporationInternational non-profit organization

Association européenne de Micro-ondes - European Microwave Association

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events