FONDS EUROPEEN POUR LA DEMOCRATIE
0501.635.104 · rovalta.com · 27/09/2026
ACTIVE
FONDS EUROPEEN POUR LA DEMOCRATIE
Financial year 2025 · Closed on 31/12/2025
Equity20,3 k €0,0 %over 1 year
Workforce79,7 ETP+7,4 %over 1 year
Overview
Identity
Source · BCE/KBOFONDS EUROPEEN POUR LA DEMOCRATIE is a Public utility foundation incorporated in 2012. Its main activity is: Activities of political organisations. Its registered office is in Bruxelles. It employs on average 79,7 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0501.635.104
- Incorporation
- 29/11/2012
- Legal form
- Public utility foundation
- Registered office
- Rue de la Loi 34
1040 Bruxelles · BruxellesSee on map - Latest accounts
- 31/12/2025
- Average workforce
- 79,7 ETP
Activities (NACE)
Joint committees (2)
- 337
- 33700
Signals
Positive EBITDAHealthy social debts
Financials
Source · NBB, 15 filingsTrend over 11 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | – | – | – | – | – | ||||
| EBITDA | 151,1 k € | +0.7% | 150,1 k € | +70.7% | 87,9 k € | -68.5% | 278,9 k € | +183% | 98,6 k € |
| Operating result | 151,1 k € | +0.7% | 150,1 k € | +70.7% | 87,9 k € | -68.5% | 278,9 k € | +183% | 98,6 k € |
| Net result | – | 0 € | 0 € | 0 € | 0 € | ||||
| Balance sheet | |||||||||
| Equity | 20,3 k € | 0.0% | 20,3 k € | 0.0% | 20,3 k € | 0.0% | 20,3 k € | 0.0% | 20,3 k € |
| Total assets | 254,6 M € | +17.4% | 216,9 M € | -14.1% | 252,4 M € | +11.3% | 226,8 M € | +43.2% | 158,4 M € |
| Cash | 56,5 M € | +50.7% | 37,5 M € | +22.7% | 30,6 M € | -15.3% | 36,1 M € | +113% | 16,9 M € |
| Debts | 253,1 M € | +17.4% | 215,7 M € | -12.8% | 247,2 M € | +13.1% | 218,6 M € | +44.0% | 151,8 M € |
| Other | |||||||||
| Workforce | 79,7 ETP | +7.4% | 74,2 ETP | +4.5% | 71,0 ETP | +15.3% | 61,6 ETP | +15.1% | 53,5 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 50 M€ and 100 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/202543 active · 248 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Adam Bielan | Director | since 10/12/2025 | |
Agata PLONKA-DUDA | Director | since 10/12/2025 | |
Aiste Bertulyte-Zikeviciene | Director | since 10/12/2025 | |
Alexois Mitsopoulos | Director | since 10/12/2025 | |
Andrea Despot | Director | since 10/12/2025 | |
Andrea Orizo | Director | since 10/12/2025 | |
Anne Kahl | Director | since 10/12/2025 | |
Beate Stiro | Director | since 10/12/2025 | |
Bernard Guetta | Director | since 10/12/2025 | |
Bjorn Olof Skoog | Director | since 10/12/2025 | |
Carla Tavares | Director | since 10/12/2025 | |
Christian Holm Barenfeld | Director | since 10/12/2025 | |
Christian Leffler | Director | since 10/12/2025 | |
David MCALLISTER | Chairman of the board of directors | since 10/12/2025 | |
Emila Ivanova Kraleva | Director | since 10/12/2025 | |
Finnur Bor Birgisson | Director | since 10/12/2025 | |
Hana Jalloul Muro | Director | since 10/12/2025 | |
Hrvoje Debac | Director | since 10/12/2025 | |
Ivan Kovac | Director | since 10/12/2025 | |
Karoly Gruber | Director | since 10/12/2025 | |
Lisbeth Pilegaard | Director | since 10/12/2025 | 000 |
Maria Cristina Xavier Castanheta | Director | since 10/12/2025 | |
Maria Ligor | Director | since 10/12/2025 | |
Merijn Van Bruggen | Director | since 10/12/2025 | |
Michelle Baldacchino | Director | since 10/12/2025 | |
Miriam Alvarez de la Rosa Rodriguez | Director | since 10/12/2025 | |
Monica Percic | Director | since 10/12/2025 | |
Nadir Hamdi Amin | Director | since 10/12/2025 | |
Peter Michael Mossop | Director | since 10/12/2025 | |
Peter O'Conner | Director | since 10/12/2025 | |
Petros Mavrikios | Director | since 10/12/2025 | |
Sergey Lagodinsky | Director | since 10/12/2025 | |
Silver Kungas | Director | since 10/12/2025 | |
Stefan Kossof | Director | since 10/12/2025 | |
Timothee Truelle | Director | since 10/12/2025 | |
Tobias Grothe | Director | since 10/12/2025 | |
Ulrike Butschek | Director | since 10/12/2025 | |
Veronika Mitkova | Director | since 10/12/2025 | |
Veronique Joosten | Director | since 10/12/2025 | |
Vesa Kekale | Director | since 10/12/2025 | |
Victors Makarovs | Director | since 10/12/2025 | |
Zeljana Zovko | Director | since 10/12/2025 | |
Michael Gahler | Director | since 10/11/2025 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
ADAM BIELAN | Director | since 01/12/2024 | |
CARLA TAVARES | Director | since 01/12/2024 | |
HANA JALLOUL MURO | Director | since 01/12/2024 | |
MAX BEREND VAN RIJ | Director | since 01/12/2024 |
Other companies at this address
Rue de la Loi 34 1040 Bruxelles| Company | CBE no. |
|---|---|
BOLLINGER GROHMANN INGENIERIE● Active | 0736.546.536 |
| 0850.106.812 | |
Organon Belgium● Active | 0741.785.526 |
Polyclinique Europ - Centre● Active | 0417.757.224 |
Financials
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 | 28/07/2026 | 12/02/2026 | 23/07/2025 | 13/12/2023 | 13/12/2023 | 26/11/2021 |
| General meeting | 01/07/2026 | 10/12/2025 | 11/06/2024 | 03/07/2023 | 21/06/2022 | 01/07/2021 |
| 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, 15 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 01/07/2026 | 28/07/2026 | French | |
| Full model | 31/12/2024 | 10/12/2025 | 12/02/2026 | French | |
| Full model | 31/12/2023 | 11/06/2024 | 23/07/2025 | French | |
| Full model | 31/12/2022 | 03/07/2023 | 13/12/2023 | French | |
| Full model | 31/12/2022 | 03/07/2023 | 16/11/2023 | English | |
| Full model | 31/12/2021 | 21/06/2022 | 13/12/2023 | French | |
| Full model | 31/12/2021 | 21/06/2022 | 16/11/2023 | English | |
| Full model | 31/12/2020 | 01/07/2021 | 26/11/2021 | French | |
| Full model | 31/12/2019 | 01/07/2020 | 10/03/2021 | French | |
| Full model | 31/12/2018 | 19/06/2019 | 11/09/2019 | French | |
| Full modelCorrection | 31/12/2017 | 27/06/2018 | 11/06/2019 | French | |
| Full model | 31/12/2017 | 27/06/2018 | 14/08/2018 | French | |
| Full model | 31/12/2016 | 22/06/2017 | 31/08/2017 | French | |
| Abridged model | 31/12/2015 | 23/06/2016 | 25/07/2016 | French | |
| Abridged model | 31/12/2014 | 25/06/2015 | 08/10/2015 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 50 M€ and 100 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.
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 31/12/202543 active · 248 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Adam Bielan | Director | since 10/12/2025 | |
Agata PLONKA-DUDA | Director | since 10/12/2025 | |
Aiste Bertulyte-Zikeviciene | Director | since 10/12/2025 | |
Alexois Mitsopoulos | Director | since 10/12/2025 | |
Andrea Despot | Director | since 10/12/2025 | |
Andrea Orizo | Director | since 10/12/2025 | |
Anne Kahl | Director | since 10/12/2025 | |
Beate Stiro | Director | since 10/12/2025 | |
Bernard Guetta | Director | since 10/12/2025 | |
Bjorn Olof Skoog | Director | since 10/12/2025 | |
Carla Tavares | Director | since 10/12/2025 | |
Christian Holm Barenfeld | Director | since 10/12/2025 | |
Christian Leffler | Director | since 10/12/2025 | |
David MCALLISTER | Chairman of the board of directors | since 10/12/2025 | |
Emila Ivanova Kraleva | Director | since 10/12/2025 | |
Finnur Bor Birgisson | Director | since 10/12/2025 | |
Hana Jalloul Muro | Director | since 10/12/2025 | |
Hrvoje Debac | Director | since 10/12/2025 | |
Ivan Kovac | Director | since 10/12/2025 | |
Karoly Gruber | Director | since 10/12/2025 | |
Lisbeth Pilegaard | Director | since 10/12/2025 | 000 |
Maria Cristina Xavier Castanheta | Director | since 10/12/2025 | |
Maria Ligor | Director | since 10/12/2025 | |
Merijn Van Bruggen | Director | since 10/12/2025 | |
Michelle Baldacchino | Director | since 10/12/2025 | |
Miriam Alvarez de la Rosa Rodriguez | Director | since 10/12/2025 | |
Monica Percic | Director | since 10/12/2025 | |
Nadir Hamdi Amin | Director | since 10/12/2025 | |
Peter Michael Mossop | Director | since 10/12/2025 | |
Peter O'Conner | Director | since 10/12/2025 | |
Petros Mavrikios | Director | since 10/12/2025 | |
Sergey Lagodinsky | Director | since 10/12/2025 | |
Silver Kungas | Director | since 10/12/2025 | |
Stefan Kossof | Director | since 10/12/2025 | |
Timothee Truelle | Director | since 10/12/2025 | |
Tobias Grothe | Director | since 10/12/2025 | |
Ulrike Butschek | Director | since 10/12/2025 | |
Veronika Mitkova | Director | since 10/12/2025 | |
Veronique Joosten | Director | since 10/12/2025 | |
Vesa Kekale | Director | since 10/12/2025 | |
Victors Makarovs | Director | since 10/12/2025 | |
Zeljana Zovko | Director | since 10/12/2025 | |
Michael Gahler | Director | since 10/11/2025 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
ADAM BIELAN | Director | since 01/12/2024 | |
CARLA TAVARES | Director | since 01/12/2024 | |
HANA JALLOUL MURO | Director | since 01/12/2024 | |
MAX BEREND VAN RIJ | Director | since 01/12/2024 |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates08/09/2026Démissions, Nominations, Renouvellements
- Mandates26/02/2026DEMISSIONS, NOMINATIONS
- Mandates21/11/2025DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates07/11/2025DEMISSIONS, NOMINATIONS
- Mandates28/12/2023DEMISSIONS, NOMINATIONS
- Mandates01/12/2023DEMISSIONS, NOMINATIONS
- Mandates31/08/2022DEMISSIONS, NOMINATIONS
- Mandates22/03/2022DEMISSIONS, 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
- 2024Annual accounts 20240 €↑
- 2023Annual accounts 20230 €↑
- 2022Annual accounts 20220 €↑
- 2022Name changeEUROPEAN ENDOWMENT FOR DEMOCRACY
- 2022Name changeFONDS EUROPEEN POUR LA DEMOCRATIE
- 2021Annual accounts 20210 €
- 2021Name changeFONDS EUROPEEN POUR LA DEMOCRATIE
- 08/12/2021nominationEmst & Young Réviseurs d'Entreprises · commissaire
- 2020Annual accounts 2020
- 2019Annual accounts 2019
- 2017Annual accounts 2017
- 2016Annual accounts 2016
- 2015Annual accounts 2015
- 2014Annual accounts 2014
- 29/11/2012IncorporationPublic utility foundation
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| FONDS EUROPEEN POUR LA DEMOCRATIECurrent | accounts 2022 → 2025 · CBE, tracked since 27/09/2026 | Accounts 2025 · 2026-00361999 |
| EUROPEAN ENDOWMENT FOR DEMOCRACY | accounts 2022 | Accounts 2022 · 2023-00514087 |
| EUROPEAN ENDOWMENT FOR DEMOCRACY | accounts 2021 | Accounts 2021 · 2023-00514246 |
| FONDS EUROPEEN POUR LA DEMOCRATIE | accounts 2021 | Accounts 2021 · 2023-00531347 |
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.