ACTIVE

ClientEarth

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Financial year 2025 · closed on 31/12/2025
Net result
-220,1 k €
+74.5% YoY
Gross margin
5,2 M €
+12.3% YoY
Equity
216,7 k €
-50.4% YoY
Workforce
54,3 ETP
-3.0% YoY

What does ClientEarth do?

ClientEarth is a International non-profit organization incorporated in 2018. Its main activity is: Activities of other membership organisations n.e.c.. Its registered office is in Ixelles. It employs on average 54,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0714.925.038
Incorporation
29/11/2018
Legal form
International non-profit organization
Registered office
Rue du Trône 60 box 11
1050 Ixelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
54,3 ETP
Activities (NACE)
94994Activities of other membership organisations n.e.c.· main94994Activities of other membership organisations n.e.c.
Signals
Healthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin5,2 M €4,6 M €5,7 M €5,6 M €3,6 M €2,9 M €1,6 M €
EBITDA-159,7 k €-802,8 k €180,3 k €1,1 M €50,6 k €850,1 €711,4 €
Operating result-219,5 k €-862,5 k €133,5 k €1,1 M €38,5 k €-1,2 k €711,4 €
Net result-220,1 k €-862,9 k €132 k €1,1 M €38,5 k €1,8 k €–
Balance sheet
Equity216,7 k €436,9 k €1,3 M €1,2 M €40,3 k €1,8 k €–
Total assets1,4 M €1,3 M €2,5 M €2,3 M €808,5 k €673,6 k €1,2 M €
Cash1 M €891,7 k €851,4 k €2 M €340,8 k €169,8 k €1 M €
Debts1,2 M €882,9 k €1,2 M €1,1 M €768,2 k €671,8 k €1,2 M €
Other
Workforce54,3 ETP56,0 ETP59,5 ETP52,0 ETP46,5 ETP36,0 ETP26,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 15 ended

Active mandates

Peter GIJBELS

Director · since 13 juin 2024 · until 30 juin 2026

Active
Adam WEISS

Director · since 16 mai 2022 · until 30 juin 2026

Active
Anais BERTHIER

Director · since 07 septembre 2020 · until 30 juin 2026

Active
Maria KLEIS-WALRAVENS

Director · since 07 septembre 2020 · until 30 juin 2026

Active

Ended mandates

Anais BERTHIER

Chairman of the board of directors · since 24 mai 2023 · until 30 juin 2023

Ended
Anais BERTHIER

Chairman of the board of directors · since 24 mai 2023 · until 30 juin 2024

Ended
Adam WEISS

Director · since 16 mai 2022 · until 30 juin 2024

Ended
Maria KLEIS-WALRAVENS

Chairman of the board of directors · since 16 mai 2022 · until 24 mai 2023

Ended
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Annual accounts

Full financial information

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 date06/09/202623/08/202622/07/202424/07/202314/06/202208/07/2021
General meeting16/06/202625/06/202513/06/202424/05/202316/05/202226/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/06/202606/09/2026FrenchPDF
Abridged model31/12/202425/06/202523/08/2026FrenchPDF
Abridged model31/12/202313/06/202422/07/2024FrenchPDF
Abridged model31/12/202224/05/202324/07/2023FrenchPDF
Abridged model31/12/202116/05/202214/06/2022FrenchPDF
Abridged model31/12/202026/06/202108/07/2021FrenchPDF
Abridged model31/12/201907/09/202009/10/2020FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 15 ended

Active mandates

Peter GIJBELS

Director · since 13 juin 2024 · until 30 juin 2026

Active
Adam WEISS

Director · since 16 mai 2022 · until 30 juin 2026

Active
Anais BERTHIER

Director · since 07 septembre 2020 · until 30 juin 2026

Active
Maria KLEIS-WALRAVENS

Director · since 07 septembre 2020 · until 30 juin 2026

Active

Ended mandates

Anais BERTHIER

Chairman of the board of directors · since 24 mai 2023 · until 30 juin 2023

Ended
Anais BERTHIER

Chairman of the board of directors · since 24 mai 2023 · until 30 juin 2024

Ended
Adam WEISS

Director · since 16 mai 2022 · until 30 juin 2024

Ended
Maria KLEIS-WALRAVENS

Chairman of the board of directors · since 16 mai 2022 · until 24 mai 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other25/08/2026
    DIVERS
    PDF
  • Mandates10/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/08/2023
    DEMISSIONS, NOMINATIONS - COMPTES ANNUELS
    PDF
  • Mandates15/12/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/08/2022
    DEMISSIONS, NOMINATIONS - COMPTES ANNUELS
    PDF
  • Other24/08/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates01/04/2022
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates30/11/2020
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

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 2025-220,1 k €↑
  2. 2024
    Annual accounts 2024-862,9 k €↓
  3. 2023
    Annual accounts 2023132 k €↓
  4. 2022
    Annual accounts 20221,1 M €↑
  5. 2021
    Annual accounts 202138,5 k €↑
  6. 2020
    Annual accounts 20201,8 k €
  7. 2019
    Annual accounts 2019
  8. 29/11/2018
    IncorporationInternational non-profit organization