ACTIVE

Federation For Innovation in Democracy Europe

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Financial year 2025 · Closed on 31/12/2025

Net result-18,7 k €+85,8 %over 1 year
Revenue167,8 k €+142,1 %over 1 year
Equity84,3 k €-18,2 %over 1 year

Identity

Source · BCE/KBO

Federation For Innovation in Democracy Europe is a International non-profit organization incorporated in 2021. Its main activity is: Activities of other membership organisations n.e.c.. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0762.729.806
Incorporation
01/02/2021
Legal form
International non-profit organization
Registered office
Rue Joseph II 20
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Signals
Good liquidityHealthy social debts

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20252024202320222021
Income statement
Revenue167,8 k €69,3 k €49 k €8,8 k €–
EBITDA-12,9 k €-129,3 k €95,1 k €114,3 k €28,2 k €
Operating result-15,7 k €-132 k €93,1 k €113,8 k €28,2 k €
Net result-18,7 k €-131,8 k €93 k €113,7 k €28,2 k €
Balance sheet
Equity84,3 k €103 k €234,9 k €141,9 k €28,2 k €
Total assets302,8 k €184,3 k €476,5 k €508,2 k €637,7 k €
Cash228,3 k €156,1 k €290,7 k €176,6 k €105,7 k €
Debts70,1 k €77,4 k €78,2 k €36,3 k €7,9 k €

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 31/12/2025

6 active · 6 ended

Active mandates

Eva Bördös

Director

Active
Gaetane Ricard-Nihoul

Director

Active
Ikäheimo Hannu

Director

Active
Kyle Edward Redman

Director

Active
Luca Anthony Belgiorno - Nettis

Director

Active
Min Reuchamps

Director

Active

Ended mandates

Gaetane Ricard-Nihoul

Director · since 24 mars 2022

Ended
David Van Reybrouck

Voorzitter van het bestuursorgaan

Ended
David Van Reybrouck

Chairman of the board of directors

Ended
Iain Nicholas Walker

Director

Ended

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SI² FUND● Active
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Full financial information

Source · NBB
20252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/02/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months11 months
Filing date14/07/202626/08/202514/06/202404/07/202320/04/2022
General meeting17/06/202611/06/202504/06/202422/06/202324/03/2022
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
Micro model31/12/202517/06/202614/07/2026DutchPDF
Micro model31/12/202411/06/202526/08/2025DutchPDF
Micro model31/12/202304/06/202414/06/2024DutchPDF
Micro model31/12/202222/06/202304/07/2023DutchPDF
Micro model31/12/202124/03/202220/04/2022DutchPDF

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 31/12/2025

6 active · 6 ended

Active mandates

Eva Bördös

Director

Active
Gaetane Ricard-Nihoul

Director

Active
Ikäheimo Hannu

Director

Active
Kyle Edward Redman

Director

Active
Luca Anthony Belgiorno - Nettis

Director

Active
Min Reuchamps

Director

Active

Ended mandates

Gaetane Ricard-Nihoul

Director · since 24 mars 2022

Ended
David Van Reybrouck

Voorzitter van het bestuursorgaan

Ended
David Van Reybrouck

Chairman of the board of directors

Ended
Iain Nicholas Walker

Director

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/09/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates08/09/2022
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other08/02/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-18,7 k €↑
  2. 2024
    Annual accounts 2024-131,8 k €↓
  3. 2023
    Annual accounts 202393 k €↓
  4. 2022
    Annual accounts 2022113,7 k €↑
  5. 2021
    Annual accounts 202128,2 k €
  6. 01/02/2021
    IncorporationInternational non-profit organization