ACTIVE

PROGRAMME EUROPEEN POUR L'EVALUATION D'AUTOMOBILES NEUVES - EUROPEAN NEW CAR ASSESSMENT PROGRAMME

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Financial year 2025 · Closed on 31/12/2025

Net result1,8 M €+903,3 %over 1 year

Revenue43,9 M €+109,3 %over 1 year

Equity4,2 M €+73,0 %over 1 year

Workforce9,6 ETP+3,2 %over 1 year

Identity

Source · BCE/KBO

PROGRAMME EUROPEEN POUR L'EVALUATION D'AUTOMOBILES NEUVES - EUROPEAN NEW CAR ASSESSMENT PROGRAMME is a International non-profit organization incorporated in 1999. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Leuven. It employs on average 9,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0465.041.160
Incorporation: 28/01/1999
Legal form: International non-profit organization
Registered office: Monseigneur Ladeuzeplein 10
3000 Leuven · FlandreSee on map
Latest accounts: 31/12/2025
Average workforce: 9,6 ETP

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 71209Technical testing and analysis 71209Technical testing and analysis 74203Photographic activities 74302Translation and interpretation activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	43,9 M €	+109%	21 M €	+79.9%	11,7 M €	-49.0%	22,8 M €	+87.0%	12,2 M €
EBITDA	2 M €	+512%	322,7 k €	+132%	-1 M €	-134%	3 M €	+977%	278,9 k €
Operating result	1,8 M €	+875%	181,1 k €	+117%	-1,1 M €	-137%	2,9 M €	+1587%	172,6 k €
Net result	1,8 M €	+903%	175,5 k €	+116%	-1,1 M €	-138%	2,9 M €	+1687%	161,6 k €
Balance sheet
Equity	4,2 M €	+73.0%	2,4 M €	+7.8%	2,2 M €	-32.8%	3,3 M €	+233%	1 M €
Total assets	13,4 M €	+11.1%	12,1 M €	+43.6%	8,4 M €	-10.5%	9,4 M €	+47.7%	6,4 M €
Cash	11,2 M €	+13.3%	9,9 M €	+41.6%	7 M €	-15.1%	8,2 M €	+79.0%	4,6 M €
Debts	3,3 M €	-46.7%	6,2 M €	+127%	2,7 M €	+4.0%	2,6 M €	+18.8%	2,2 M €
Other
Workforce	9,6 ETP	+3.2%	9,3 ETP	-33.1%	13,9 ETP	+17.8%	11,8 ETP	+5.4%	11,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

29 active · 18 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Kolke REINHARD	MandateDirector31/01/2008 → 2009 accountsended
Andre Seeck	Mandate
Andrea Tesio	Mandate
Bernd Lorenz	Mandate
Cèline Vallaude	Mandate
Enrico Pagliari	Mandate
Forsthuber Friedrich	Mandate
Fredriksson Claus	Mandate
Hans Hellesoe	Mandate
Ilse Harms	Mandate
James Hand	Mandate
JEAN SCHILTZ	Mandate
Joaquin Huguet Galofré	Mandate
Kim van den Berg	Mandate
Leen Van Brussel	Mandate
Mauer Lea	Mandate
Max Lang	Mandate
Michiel Van Ratingen	Mandate
Niels Jacobsen	Mandate
Otto Lone	Mandate
Pierre Bazzucchi	Mandate
Pinto Diogo	Mandate
Richard Billyeald	Mandate
Ronald Vroman	Mandate
Stefan Jonsson	Mandate
Steffan Hermann	Mandate
Stein-Helge Mundal	Mandate
Volker Sandner	Mandate
Xavier Roca Ramon	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ILSE MARISKA HARMS	Director04/11/2020 → 2020 accounts
NIELS EBBE HOLM JACOBSEN	Director01/11/2020 → 2020 accounts
PIERRE YVES BAZZUCCHI	Director01/06/2020 → 2020 accounts
CLAES RIKARD FREDRIKSSON	Director28/05/2019 → 2019 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	23/07/2026	20/06/2025	16/07/2024	14/08/2023	31/08/2022	15/07/2021
General meeting	26/06/2026	11/06/2025	12/06/2024	14/06/2023	15/06/2022	15/06/2021
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 · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	23/07/2026	Dutch	PDF
Full model	31/12/2024	11/06/2025	20/06/2025	Dutch	PDF
Full model	31/12/2023	12/06/2024	16/07/2024	Dutch	PDF
Full model	31/12/2022	14/06/2023	14/08/2023	Dutch	PDF
Full model	31/12/2021	15/06/2022	31/08/2022	Dutch	PDF
Full model	31/12/2020	15/06/2021	15/07/2021	Dutch	PDF
Full model	31/12/2019	25/06/2020	17/07/2020	Dutch	PDF
Full model	31/12/2018	05/06/2019	15/07/2019	Dutch	PDF
Full model	31/12/2017	13/06/2018	20/06/2018	Dutch	PDF
Abridged model	31/12/2016	05/07/2017	29/07/2017	French	PDF
Abridged model	31/12/2015	16/06/2016	10/08/2016	French	PDF
Abridged model	31/12/2014	17/06/2015	31/07/2015	French	PDF
Abridged model	31/12/2013	28/05/2014	14/08/2014	French	PDF
Abridged model	31/12/2012	19/06/2013	11/07/2013	French	PDF
Abridged model	31/12/2011	12/06/2012	13/07/2012	French	PDF
Abridged model	31/12/2010	07/06/2011	19/06/2011	French	PDF
Abridged model	31/12/2009	15/06/2010	19/07/2010	French	PDF
Abridged model	31/12/2008	24/06/2009	23/07/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	01/08/2008	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

29 active · 18 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Kolke REINHARD	MandateDirector31/01/2008 → 2009 accountsended
Andre Seeck	Mandate
Andrea Tesio	Mandate
Bernd Lorenz	Mandate
Cèline Vallaude	Mandate
Enrico Pagliari	Mandate
Forsthuber Friedrich	Mandate
Fredriksson Claus	Mandate
Hans Hellesoe	Mandate
Ilse Harms	Mandate
James Hand	Mandate
JEAN SCHILTZ	Mandate
Joaquin Huguet Galofré	Mandate
Kim van den Berg	Mandate
Leen Van Brussel	Mandate
Mauer Lea	Mandate
Max Lang	Mandate
Michiel Van Ratingen	Mandate
Niels Jacobsen	Mandate
Otto Lone	Mandate
Pierre Bazzucchi	Mandate
Pinto Diogo	Mandate
Richard Billyeald	Mandate
Ronald Vroman	Mandate
Stefan Jonsson	Mandate
Steffan Hermann	Mandate
Stein-Helge Mundal	Mandate
Volker Sandner	Mandate
Xavier Roca Ramon	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ILSE MARISKA HARMS	Director04/11/2020 → 2020 accounts
NIELS EBBE HOLM JACOBSEN	Director01/11/2020 → 2020 accounts
PIERRE YVES BAZZUCCHI	Director01/06/2020 → 2020 accounts
CLAES RIKARD FREDRIKSSON	Director28/05/2019 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other29/07/2026
VERSLAG VAN DE BIJZONDERE ALGEMENE VERGADERING (27/02/2026,
PDF
Mandates11/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Other24/10/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates04/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/04/2023
ONTSLAGEN - BENOEMINGEN
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

Filings19 filings

Mandates

ILSE MARISKA HARMS

NIELS EBBE HOLM JACOBSEN

PIERRE YVES BAZZUCCHI

CLAES RIKARD FREDRIKSSON

ANDERS LIE

GUIDO ADRIAENSSENS

Francesco MAZZONE

Jacob BANGSGAARD

Daniel KOPACZEWSKI

Kolke REINHARD

MARTIN VAN GELDEREN

Wil BOTMAN

1999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

PROGRAMME EUROPEEN POUR L'EVALUATION D'AUTOMOBILES NEUVES - EUROPEAN NEW CAR ASSESSMENT PROGRAMME

Monseigneur Ladeuzeplein 10, 3000 Leuven

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Monseigneur Ladeuzeplein 10, 3000 LeuvenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00321048

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
PROGRAMME EUROPEEN POUR L'EVALUATION D'AUTOMOBILES NEUVES - EUROPEAN NEW CAR ASSESSMENT PROGRAMMECurrent	accounts 2007 → 2025	Accounts 2025 · 2026-00321048

Events

2025
Annual accounts 20251,8 M €↑
2024
Annual accounts 2024175,5 k €↑
2023
Annual accounts 2023-1,1 M €↓
2022
Annual accounts 20222,9 M €↑
2021
Annual accounts 2021161,6 k €↑
2020
Annual accounts 2020-446,2 k €↓
2019
Annual accounts 2019643,4 k €↑
2018
Annual accounts 2018-636,1 k €↓
2017
Annual accounts 2017619,2 k €↑
2016
Annual accounts 2016-671,2 k €↓
2015
Annual accounts 201534,3 k €↓
2014
Annual accounts 2014152,5 k €↑
2013
Annual accounts 2013-543,3 €↓
2012
Annual accounts 201237,7 k €↓
2011
Annual accounts 20111,3 M €↑
2010
Annual accounts 201028,1 k €↓
2009
Annual accounts 2009290,8 k €↑
2008
Annual accounts 2008-119,9 k €↓
2007
Annual accounts 2007229,5 k €
28/01/1999
IncorporationInternational non-profit organization

PROGRAMME EUROPEEN POUR L'EVALUATION D'AUTOMOBILES NEUVES - EUROPEAN NEW CAR ASSESSMENT PROGRAMME

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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