ACTIVE

FRIENDS OF EUROPE

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result-408,9 k €-431 139,3 %over 1 year
Gross margin1 M €-30,0 %over 1 year
Equity989,7 k €-26,9 %over 1 year
Workforce22,1 ETP-13,3 %over 1 year

Identity

Source · BCE/KBO

FRIENDS OF EUROPE is a Non-profit organization incorporated in 1999. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Bruxelles. It employs on average 22,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.872.192
Incorporation
15/01/1999
Legal form
Non-profit organization
Registered office
Square de Meeûs 5-6
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
22,1 ETP
Joint committees (1)
  • 337
Signals
Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 17 filings

Trend over 15 financial years

20252024202320222021
Income statement
Gross margin1 M €1,5 M €2,1 M €2,5 M €2,1 M €
EBITDA-377,4 k €-104,7 k €127,1 k €309,3 k €272,2 k €
Operating result-444,9 k €-159,8 k €102,7 k €259,6 k €220,3 k €
Net result-408,9 k €94,9 €101,1 k €251,5 k €214,1 k €
Balance sheet
Equity989,7 k €1,4 M €1,4 M €1,3 M €1 M €
Total assets2,3 M €2,5 M €3,7 M €3,4 M €2,7 M €
Cash512,1 k €1 M €1,6 M €2 M €1,1 M €
Debts856,2 k €246,5 k €591,8 k €607,5 k €521,1 k €
Other
Workforce22,1 ETP25,5 ETP29,5 ETP35,7 ETP31,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 46 ended

Active mandates

Etienne Davignon

Director · since 01 janvier 2026 · until 30 juin 2027

Active
Fernand de Donnea

Vice-chairman of the board of directors · since 01 janvier 2026 · until 30 juin 2027

Active
Geert Cami

Secrétaire Général du Conseil d'Administration · since 01 janvier 2026 · until 30 juin 2027

Active
Isabelle Durant

Chairman of the board of directors · since 01 janvier 2026 · until 30 juin 2027

Active
Thomas Leysen

Director · since 01 janvier 2026 · until 30 juin 2027

Active

Ended mandates

Dirk Wouters

Vice-chairman of the board of directors · since 01 janvier 2025 · until 31 décembre 2025

Ended
Etienne Davignon

Director · since 01 janvier 2025 · until 31 décembre 2025

Ended
Fernand de Donnea

Director · since 01 janvier 2025 · until 31 décembre 2025

Ended
Geert Cami

Secrétaire Général du Conseil d'Administration · since 01 janvier 2025 · until 31 décembre 2025

Ended

Other companies at this address

Square de Meeûs 5-6 1000 Bruxelles
CompanyCBE no.
Africa-Europe Foundation● Active
0768.238.713
Ambassade de la Principauté de Monaco● Active
0850.075.039
Europe Jacques Delors● Active
0736.695.796
GILES● Active
0832.228.524
INTERNATIONAL RESCUE COMMITTEE BELGIUM● Active
0476.281.480
Jacques Delors Friends of Europe Foundation● Active
1022.739.987
TOWNHALL EUROPE – Davignon Centre for New Leadership● Active
0472.747.019

Full financial information

Source · NBB
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 date14/07/202617/04/202511/04/202427/03/202311/04/202226/03/2021
General meeting24/06/202628/03/202527/03/202417/03/202317/03/202210/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202524/06/202614/07/2026FrenchPDF
Abridged model31/12/202428/03/202517/04/2025FrenchPDF
Abridged model31/12/202327/03/202411/04/2024FrenchPDF
Abridged model31/12/202217/03/202327/03/2023FrenchPDF
Abridged model31/12/202117/03/202211/04/2022FrenchPDF
Abridged model31/12/202010/03/202126/03/2021FrenchPDF
Abridged model31/12/201924/03/202021/04/2020FrenchPDF
Abridged model31/12/201827/03/201912/04/2019FrenchPDF
Abridged model31/12/201712/03/201816/03/2018FrenchPDF
Abridged model31/12/201629/03/201707/04/2017FrenchPDF
Abridged model31/12/201522/06/201622/07/2016FrenchPDF
Abridged model31/12/201410/03/201525/03/2015FrenchPDF
Abridged model31/12/201319/02/201417/03/2014FrenchPDF
Abridged model31/12/201226/02/201327/03/2013FrenchPDF
Abridged model31/12/201114/02/201227/02/2012FrenchPDF
Abridged model31/12/201022/02/201113/04/2011FrenchPDF
Abridged model31/12/200918/03/201020/08/2010FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

5 active · 46 ended

Active mandates

Etienne Davignon

Director · since 01 janvier 2026 · until 30 juin 2027

Active
Fernand de Donnea

Vice-chairman of the board of directors · since 01 janvier 2026 · until 30 juin 2027

Active
Geert Cami

Secrétaire Général du Conseil d'Administration · since 01 janvier 2026 · until 30 juin 2027

Active
Isabelle Durant

Chairman of the board of directors · since 01 janvier 2026 · until 30 juin 2027

Active
Thomas Leysen

Director · since 01 janvier 2026 · until 30 juin 2027

Active

Ended mandates

Dirk Wouters

Vice-chairman of the board of directors · since 01 janvier 2025 · until 31 décembre 2025

Ended
Etienne Davignon

Director · since 01 janvier 2025 · until 31 décembre 2025

Ended
Fernand de Donnea

Director · since 01 janvier 2025 · until 31 décembre 2025

Ended
Geert Cami

Secrétaire Général du Conseil d'Administration · since 01 janvier 2025 · until 31 décembre 2025

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other21/12/2023
    ASSEMBLEE GENERALE
    PDF
  • Mandates15/12/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/03/2022
    DEMISSIONS, NOMINATIONS
    PDF

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 2025-408,9 k €↓
  2. 2024
    Annual accounts 202494,9 €↓
  3. 2023
    Annual accounts 2023101,1 k €↓
  4. 2022
    Annual accounts 2022251,5 k €↑
  5. 2021
    Annual accounts 2021214,1 k €↓
  6. 2018
    Annual accounts 2018236,1 k €↑
  7. 2018
    Name changeFRIENDS OF EUROPE
  8. 2017
    Annual accounts 2017206,9 k €↓
  9. 2016
    Annual accounts 2016230,8 k €↑
  10. 2015
    Annual accounts 20152,5 k €↑
  11. 2014
    Annual accounts 2014-157,7 k €↓
  12. 2013
    Annual accounts 2013409,4 €↑
  13. 2012
    Annual accounts 2012-5 k €↓
  14. 2011
    Annual accounts 2011382 €↑
  15. 2010
    Annual accounts 2010-3 k €↓
  16. 2009
    Annual accounts 2009301,9 €
  17. 2009
    Name changeFRIENDS OF EUROPE - LES AMIS DE L'EUROPE
  18. 15/01/1999
    IncorporationNon-profit organization