SLOVENIAN BUSINESS and RESEARCH ASSOCIATION
0466.670.166 · rovalta.com · 27/09/2026
ACTIVE
SLOVENIAN BUSINESS and RESEARCH ASSOCIATION
Financial year 2025 · Closed on 31/12/2025
Net result-98,7 k €-383,1 %over 1 year
Gross margin310,5 k €-5,3 %over 1 year
Equity358,1 k €-21,6 %over 1 year
Overview
Identity
Source · BCE/KBOSLOVENIAN BUSINESS and RESEARCH ASSOCIATION is a International non-profit organization incorporated in 1999. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Etterbeek.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0466.670.166
- Incorporation
- 17/06/1999
- Legal form
- International non-profit organization
- Registered office
- Rue Belliard 40
1040 Etterbeek · BruxellesSee on map - Latest accounts
- 31/12/2025
Activities (NACE)
Joint committees (1)
- 335
Signals
Solid equityLow riskGood liquidityHealthy social debts
Financials
Source · NBB, 7 filingsTrend over 7 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 310,5 k € | -5.3% | 327,8 k € | +3.2% | 317,7 k € | +2.2% | 310,7 k € | +10.0% | 282,4 k € |
| EBITDA | -95,9 k € | -367% | 35,9 k € | -58.6% | 86,8 k € | +16.4% | 74,5 k € | +32.3% | 56,3 k € |
| Operating result | -100 k € | -412% | 32 k € | -62.0% | 84,3 k € | +15.1% | 73,3 k € | +33.0% | 55,1 k € |
| Net result | -98,7 k € | -383% | 34,9 k € | -58.1% | 83,2 k € | +15.0% | 72,3 k € | +32.6% | 54,5 k € |
| Balance sheet | |||||||||
| Equity | 358,1 k € | -21.6% | 456,9 k € | +8.3% | 422 k € | +24.6% | 338,7 k € | +27.2% | 266,4 k € |
| Total assets | 595,9 k € | -9.9% | 661,7 k € | +6.4% | 622,1 k € | +15.7% | 537,7 k € | -6.1% | 572,7 k € |
| Cash | 304 k € | -41.8% | 522,3 k € | -1.6% | 530,6 k € | +26.9% | 418,3 k € | +3.7% | 403,2 k € |
| Debts | 136,8 k € | +43.6% | 95,2 k € | -0.1% | 95,4 k € | -33.7% | 143,8 k € | +24.2% | 115,7 k € |
| Other | |||||||||
| Workforce | – | – | 2,2 ETP | -18.5% | 2,7 ETP | -3.6% | 2,8 ETP | ||
Valuation
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20252 active · 9 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Drasko VESELINOVIC | Director | 01/09/2022 → 01/09/2026 | |
Vito TURK | Director | 22/04/2022 → 22/06/2026 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Boris CIZELJ | Director | since 01/09/2022 | 000 |
Drasko VESELINOVIC | Président | since 01/09/2022 | |
Vito TURK | Director | since 01/09/2022 | |
Boris CIZELJ | Director | 22/04/2022 → 22/04/2026 | 000 |
Other companies at this address
Rue Belliard 40 1040 Etterbeek| Company | CBE no. |
|---|---|
AECC● Active | 0541.243.964 |
AED GVBF 1● Active | 1003.556.060 |
AED GVBF 10● Active | 1003.554.971 |
AED GVBF 2● Active | 1003.556.654 |
AED GVBF 3● Active | 1003.557.347 |
AED GVBF 4● Active | 1003.557.644 |
AED GVBF 5● Active | 1003.552.201 |
AED GVBF 6● Active | 1003.553.090 |
AED GVBF 7● Active | 1003.553.684 |
AED GVBF 8● Active | 1003.554.377 |
AED GVBF 9● Active | 1003.554.674 |
AEDIFICA● Active | 0877.248.501 |
AEDIFICA INVEST● Active | 0879.109.317 |
| 0800.817.746 | |
| 0768.619.684 | |
| 0424.052.821 | |
| 0725.846.941 | |
ASD-STAN● Active | 0866.465.960 |
A.SPIRE● Active | 0848.414.953 |
| 0408.290.816 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro 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 | 28/05/2026 | 09/07/2025 | 27/05/2024 | 03/05/2023 | 10/05/2022 | 03/06/2021 |
| General meeting | 11/05/2026 | 30/04/2025 | 22/05/2024 | 24/04/2023 | 22/04/2022 | 29/04/2021 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 7 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 11/05/2026 | 28/05/2026 | French | |
| Micro model | 31/12/2024 | 30/04/2025 | 09/07/2025 | French | |
| Abridged model | 31/12/2023 | 22/05/2024 | 27/05/2024 | French | |
| Abridged model | 31/12/2022 | 24/04/2023 | 03/05/2023 | French | |
| Abridged model | 31/12/2021 | 22/04/2022 | 10/05/2022 | French | |
| Abridged model | 31/12/2020 | 29/04/2021 | 03/06/2021 | French | |
| Abridged model | 31/12/2019 | 03/06/2020 | 08/06/2020 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 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.
Disclaimer
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 31/12/20252 active · 9 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Drasko VESELINOVIC | Director | 01/09/2022 → 01/09/2026 | |
Vito TURK | Director | 22/04/2022 → 22/06/2026 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Boris CIZELJ | Director | since 01/09/2022 | 000 |
Drasko VESELINOVIC | Président | since 01/09/2022 | |
Vito TURK | Director | since 01/09/2022 | |
Boris CIZELJ | Director | 22/04/2022 → 22/04/2026 | 000 |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates25/06/2026DEMISSIONS, NOMINATIONS
- Mandates03/10/2025DEMISSIONS, NOMINATIONS
- Other14/06/2024STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates27/12/2023DEMISSIONS, NOMINATIONS
- Mandates16/08/2022SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
- Mandates31/12/2021DEMISSIONS, NOMINATIONS
- Mandates31/12/2021DEMISSIONS, NOMINATIONS
- Mandates13/01/2015DEMISSIONS, NOMINATIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-98,7 k €↓
- 2024Annual accounts 202434,9 k €↓
- 2024Name changeSBRA - SLOVENIAN BUSINESS & RESEARCH ASSOCIATION
- 2023Annual accounts 202383,2 k €↑
- 2022Annual accounts 202272,3 k €↑
- 2021Annual accounts 202154,5 k €↑
- 2020Annual accounts 202036,6 k €↓
- 2019Annual accounts 201969,7 k €
- 17/06/1999IncorporationInternational non-profit organization
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Rue Belliard 40, 1040 EtterbeekCurrent | accounts 2024 → 2025 · CBE, tracked since 27/09/2026 | Accounts 2025 · 2026-00126763 |
| Spaces European District- Rue Belliard 40, 1040 Etterbeek | accounts 2021 → 2023 | Accounts 2023 · 2024-00098850 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| SLOVENIAN BUSINESS and RESEARCH ASSOCIATIONCurrent | CBE, tracked since 27/09/2026 | CBE |
| SBRA - SLOVENIAN BUSINESS & RESEARCH ASSOCIATION | accounts 2024 → 2025 | Accounts 2025 · 2026-00126763 |
| Slovenian Business & Research Association | accounts 2021 → 2023 | Accounts 2023 · 2024-00098850 |
Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.