ACTIVE

DEMOCRACY IN EUROPE MOVEMENT 2025

Financial year 2021 · Closed on 31/12/2021

Net result-55 k €-257,6 %over 1 year
Gross margin41,6 k €-66,9 %over 1 year
Equity40 k €-57,9 %over 1 year

Identity

Source · BCE/KBO

DEMOCRACY IN EUROPE MOVEMENT 2025 is a International non-profit organization incorporated in 2016. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0662.528.113
Incorporation
13/09/2016
Legal form
International non-profit organization
Registered office
Rue de la Loi 26
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2021
Signals
Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20212020201920182017
Income statement
Gross margin41,6 k €125,8 k €-38,9 k €66,2 k €42,6 k €
EBITDA-51,4 k €33,9 k €-48,6 k €66,2 k €42,6 k €
Operating result-51,4 k €33,9 k €-48,6 k €66,2 k €42,6 k €
Net result-55 k €34,9 k €-50,1 k €65,1 k €42,4 k €
Balance sheet
Equity40 k €95 k €60,1 k €108,4 k €43,3 k €
Total assets79,3 k €120 k €71,7 k €108,4 k €43,3 k €
Cash78,1 k €119,5 k €71,7 k €108,4 k €43,3 k €
Debts39,3 k €24,9 k €11,6 k €––
Other
Workforce–2,0 ETP–––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2021

3 active · 3 ended

Active mandates

Bakadima FOTEINI

Director · since 20 juin 2016

Active
Srecko HORVAT

Vice-chairman of the board of directors · since 20 juin 2016

Active
Yanis VAROUFAKIS

Chairman of the board of directors · since 20 juin 2016

Active

Ended mandates

Bakadima FOTEINI

Director · since 20 juin 2016 · until 20 juin 2020

Ended
Srecko HORVAT

Vice-chairman of the board of directors · since 20 juin 2016 · until 20 juin 2020

Ended
Yanis VAROUFAKIS

Chairman of the board of directors · since 20 juin 2016 · until 20 juin 2020

Ended

Other companies at this address

Rue de la Loi 26 1000 Bruxelles
CompanyCBE no.
1025.672.654
0824.198.706
0831.064.920
0418.165.614
Ecit● Active
0631.739.521
0712.635.640
0875.559.909
OXFAM BELGIQUE● Active
0743.875.974
0408.643.875
PML● Active
0414.853.162
TURNING POINT THERAPY● Liquidation
0880.505.820
0640.683.416

Full financial information

Source · NBB
20212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months
Filing date25/04/202507/08/202417/06/202424/02/202011/09/2019
General meeting11/01/202207/01/202119/06/202028/06/201928/06/2018
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202111/01/202225/04/2025FrenchPDF
Abridged model31/12/202007/01/202107/08/2024FrenchPDF
Abridged model31/12/201919/06/202017/06/2024FrenchPDF
Abridged model31/12/201828/06/201924/02/2020FrenchPDF
Abridged model31/12/201728/06/201811/09/2019FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

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 31/12/2021

3 active · 3 ended

Active mandates

Bakadima FOTEINI

Director · since 20 juin 2016

Active
Srecko HORVAT

Vice-chairman of the board of directors · since 20 juin 2016

Active
Yanis VAROUFAKIS

Chairman of the board of directors · since 20 juin 2016

Active

Ended mandates

Bakadima FOTEINI

Director · since 20 juin 2016 · until 20 juin 2020

Ended
Srecko HORVAT

Vice-chairman of the board of directors · since 20 juin 2016 · until 20 juin 2020

Ended
Yanis VAROUFAKIS

Chairman of the board of directors · since 20 juin 2016 · until 20 juin 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/07/2025
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates19/12/2024
    OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates09/08/2024
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/06/2020
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Other27/09/2016
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other27/09/2016
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2021
    Annual accounts 2021-55 k €↓
  2. 2020
    Annual accounts 202034,9 k €↑
  3. 2019
    Annual accounts 2019-50,1 k €↓
  4. 2018
    Annual accounts 201865,1 k €↑
  5. 2017
    Annual accounts 201742,4 k €
  6. 13/09/2016
    IncorporationInternational non-profit organization