ACTIVE

European Research Infrastructure on Highly Pathogenic Agents

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Financial year 2025 · Closed on 31/12/2025

Net result113,9 k €-75,9 %over 1 year
Gross margin1,1 M €-20,7 %over 1 year
Equity2,1 M €+5,9 %over 1 year
Workforce10,0 ETP-9,1 %over 1 year

Identity

Source · BCE/KBO

European Research Infrastructure on Highly Pathogenic Agents is a International non-profit organization incorporated in 2017. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Ixelles. It employs on average 10,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0679.481.238
Incorporation
01/08/2017
Legal form
International non-profit organization
Registered office
Rue du Trône 98 box B4
1050 Ixelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
10,0 ETP
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin1,1 M €1,4 M €1 M €986,6 k €836 k €
EBITDA88,3 k €443,3 k €159,3 k €253,6 k €350,2 k €
Operating result87,2 k €441,6 k €156,8 k €250,8 k €348,8 k €
Net result113,9 k €473,2 k €159 k €248,5 k €345,8 k €
Balance sheet
Equity2,1 M €1,9 M €1,5 M €1,3 M €1,1 M €
Total assets7,6 M €6,5 M €11,3 M €13,8 M €2,5 M €
Cash5,6 M €3,9 M €10,5 M €13,2 M €1,6 M €
Debts3 M €1,3 M €8,8 M €11,5 M €536,4 k €
Other
Workforce10,0 ETP11,0 ETP9,0 ETP7,5 ETP5,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

10 active · 12 ended

Active mandates

Enrico Giardi

Director · since 23 avril 2024 · until 30 juin 2027

Active
Josiane Theuns Van Vliet

Director · since 23 avril 2024 · until 30 juin 2027

Active
Zoltan Kis

Director · since 23 avril 2024 · until 30 juin 2027

Active
Kurt Zatloukal

Director · since 19 décembre 2023 · until 30 juin 2026

Active
Andreas Brave

Director · since 10 octobre 2023 · until 30 juin 2026

Active
Isabel Jado Garcia

Director · since 17 avril 2023 · until 30 juin 2026

Active
Vincent Lotteau

Director · since 08 février 2023 · until 30 juin 2028

Active
Mari Gomes Abreu dos Santos Cristina

Director · since 22 juin 2022 · until 30 juin 2028

Active
Pieter Leyssen

Director · since 18 mai 2022 · until 30 juin 2028

Active
Jonathan Ewbank

Autre fonction · since 01 octobre 2021 · until 30 septembre 2026

Active

Ended mandates

Vincent Lotteau

Director · since 08 février 2023 · until 30 juin 2025

Ended
Cristina Mari Gomes Abreu dos Santos

Director · since 22 juin 2022 · until 30 juin 2025

Ended
dos Santos Cristina Mari Gomes Abreu

Director · since 22 juin 2022 · until 30 juin 2025

Ended
Pieter Leyssen

Director · since 18 mai 2022 · until 18 mai 2025

Ended

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Full financial information

Source · NBB
20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months12 months
Filing date27/08/202628/05/202524/05/202411/05/202308/08/2022
General meeting13/05/202616/04/202523/04/202417/04/202322/06/2022
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 model31/12/202513/05/202627/08/2026FrenchPDF
Abridged model31/12/202416/04/202528/05/2025FrenchPDF
Abridged model31/12/202323/04/202424/05/2024FrenchPDF
Abridged model31/12/202217/04/202311/05/2023FrenchPDF
Abridged model31/12/202122/06/202208/08/2022FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

10 active · 12 ended

Active mandates

Enrico Giardi

Director · since 23 avril 2024 · until 30 juin 2027

Active
Josiane Theuns Van Vliet

Director · since 23 avril 2024 · until 30 juin 2027

Active
Zoltan Kis

Director · since 23 avril 2024 · until 30 juin 2027

Active
Kurt Zatloukal

Director · since 19 décembre 2023 · until 30 juin 2026

Active
Andreas Brave

Director · since 10 octobre 2023 · until 30 juin 2026

Active
Isabel Jado Garcia

Director · since 17 avril 2023 · until 30 juin 2026

Active
Vincent Lotteau

Director · since 08 février 2023 · until 30 juin 2028

Active
Mari Gomes Abreu dos Santos Cristina

Director · since 22 juin 2022 · until 30 juin 2028

Active
Pieter Leyssen

Director · since 18 mai 2022 · until 30 juin 2028

Active
Jonathan Ewbank

Autre fonction · since 01 octobre 2021 · until 30 septembre 2026

Active

Ended mandates

Vincent Lotteau

Director · since 08 février 2023 · until 30 juin 2025

Ended
Cristina Mari Gomes Abreu dos Santos

Director · since 22 juin 2022 · until 30 juin 2025

Ended
dos Santos Cristina Mari Gomes Abreu

Director · since 22 juin 2022 · until 30 juin 2025

Ended
Pieter Leyssen

Director · since 18 mai 2022 · until 18 mai 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/03/2024
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates04/12/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/04/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/11/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/12/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office30/11/2021
    SIEGE SOCIAL
    PDF

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025113,9 k €↓
  2. 2024
    Annual accounts 2024473,2 k €↑
  3. 2023
    Annual accounts 2023159 k €↓
  4. 2022
    Annual accounts 2022248,5 k €↓
  5. 2021
    Annual accounts 2021345,8 k €
  6. 01/08/2017
    IncorporationInternational non-profit organization