ACTIVE

EUROPEAN MARINE BOARD

Financial year 2025 · Closed on 31/12/2025

Net result53,2 k €-13,1 %over 1 year
Gross margin682,9 k €+16,5 %over 1 year
Equity1,3 M €+4,4 %over 1 year
Workforce5,8 ETP+9,4 %over 1 year

Identity

Source · BCE/KBO

EUROPEAN MARINE BOARD is a International non-profit organization incorporated in 2016. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Oostende. It employs on average 5,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0650.608.890
Incorporation
20/01/2016
Legal form
International non-profit organization
Registered office
Jacobsenstraat 1
8400 Oostende · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
5,8 ETP
Joint committees (1)
  • 33700
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20252024202320222021
Income statement
Gross margin682,9 k €585,9 k €526 k €497 k €524,1 k €
EBITDA49,8 k €59,5 k €40,8 k €3,5 k €57,9 k €
Operating result49,8 k €59,5 k €40,8 k €3,5 k €57,9 k €
Net result53,2 k €61,3 k €40,7 k €-3,4 k €56,4 k €
Balance sheet
Equity1,3 M €1,2 M €1,1 M €1,1 M €1,1 M €
Total assets1,7 M €2 M €1,6 M €1,6 M €1,8 M €
Cash1,1 M €1,3 M €1,1 M €1,1 M €1,3 M €
Debts61,3 k €57,8 k €59,2 k €97,5 k €75,9 k €
Other
Workforce5,8 ETP5,3 ETP5,0 ETP5,0 ETP4,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 32 ended

Active mandates

Henning Wehde

Director · since 03 avril 2025 · until 30 avril 2028

Active
Patrizio Mariani

Director · since 03 avril 2025 · until 30 avril 2028

Active
Slawomir Sagan

Director · since 01 octobre 2024 · until 31 octobre 2027

Active
François Lallier

Director · since 26 octobre 2022 · until 31 octobre 2025

Active
Martin Andreas Pfannkuchen

Director · since 27 avril 2022 · until 30 avril 2027

Active
Rosa Maria Fernandez Otero

Director · since 26 mai 2021 · until 30 avril 2026

Active
Fiona Grant

Chairman of the board of directors · since 28 mai 2020 · until 30 avril 2027

Active
Johanna Heymans

Dagelijks bestuurder · since 10 janvier 2018

Active

Ended mandates

François Lallier

Director · since 26 octobre 2022 · until 26 octobre 2025

Ended
Martin Andreas Pfannkuchen

Director · since 27 avril 2022 · until 30 avril 2025

Ended
Martin Pfannkuchen

Director · since 27 avril 2022 · until 27 avril 2025

Ended
Martin Pfannkuchen

Director · since 27 avril 2022 · until 31 mai 2025

Ended

Other companies at this address

Jacobsenstraat 1 8400 Oostende
CompanyCBE no.
Hydro● Active
0405.310.045
0466.279.196
0682.840.705

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 date20/05/202618/06/202508/05/202409/06/202313/05/202207/06/2021
General meeting21/04/202603/04/202524/04/202427/04/202327/04/202226/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/04/202620/05/2026DutchPDF
Abridged model31/12/202403/04/202518/06/2025DutchPDF
Abridged model31/12/202324/04/202408/05/2024DutchPDF
Abridged model31/12/202227/04/202309/06/2023DutchPDF
Abridged model31/12/202127/04/202213/05/2022DutchPDF
Abridged model31/12/202026/05/202107/06/2021DutchPDF
Abridged model31/12/201927/05/202015/06/2020DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

8 active · 32 ended

Active mandates

Henning Wehde

Director · since 03 avril 2025 · until 30 avril 2028

Active
Patrizio Mariani

Director · since 03 avril 2025 · until 30 avril 2028

Active
Slawomir Sagan

Director · since 01 octobre 2024 · until 31 octobre 2027

Active
François Lallier

Director · since 26 octobre 2022 · until 31 octobre 2025

Active
Martin Andreas Pfannkuchen

Director · since 27 avril 2022 · until 30 avril 2027

Active
Rosa Maria Fernandez Otero

Director · since 26 mai 2021 · until 30 avril 2026

Active
Fiona Grant

Chairman of the board of directors · since 28 mai 2020 · until 30 avril 2027

Active
Johanna Heymans

Dagelijks bestuurder · since 10 janvier 2018

Active

Ended mandates

François Lallier

Director · since 26 octobre 2022 · until 26 octobre 2025

Ended
Martin Andreas Pfannkuchen

Director · since 27 avril 2022 · until 30 avril 2025

Ended
Martin Pfannkuchen

Director · since 27 avril 2022 · until 27 avril 2025

Ended
Martin Pfannkuchen

Director · since 27 avril 2022 · until 31 mai 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/11/2024
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates12/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/11/2022
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office29/09/2022
    MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates01/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/06/2021
    ONTSLAGEN - BENOEMINGEN
    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 202553,2 k €↓
  2. 2024
    Annual accounts 202461,3 k €↑
  3. 2023
    Annual accounts 202340,7 k €↑
  4. 2022
    Annual accounts 2022-3,4 k €↓
  5. 2021
    Annual accounts 202156,4 k €↓
  6. 2020
    Annual accounts 2020189,8 k €↑
  7. 2019
    Annual accounts 2019138,4 k €
  8. 20/01/2016
    IncorporationInternational non-profit organization