ACTIVE

89 INITIATIVE

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Financial year 2024 · closed on 31/12/2024
Net result
-1,8 k €
-195.2% YoY
Gross margin
-1,8 k €
-195.2% YoY
Equity
-4 k €
-81.0% YoY

What does 89 INITIATIVE do?

89 INITIATIVE is a International non-profit organization incorporated in 2022. Its registered office is in Ixelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0784.479.679
Incorporation
05/04/2022
Legal form
International non-profit organization
Registered office
Rue Washington 40
1050 Ixelles · BruxellesSee on map
Latest accounts
31/12/2024
Contacts
2 public details availableLog in to view
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202420232022
Income statement
Gross margin-1,8 k €-605 €-1,6 k €
EBITDA-1,8 k €-605 €-1,6 k €
Operating result-1,8 k €-605 €-1,6 k €
Net result-1,8 k €-605 €-1,6 k €
Balance sheet
Equity-4 k €-2,2 k €-1,6 k €
Debts4 k €2,2 k €1,6 k €
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Akudo MC GEE

Mandate

Active

Ended mandates

Elena TURCI

Mandate

Ended
Michael COTTAKIS

Mandate

Ended
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Annual accounts

Full financial information

202420232022
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202302/12/2021
Closing of the financial year31/12/202431/12/202331/12/2022
Length of the financial year12 months12 months13 months
Filing date22/04/202524/06/202403/10/2023
General meeting14/04/202513/06/202428/09/2023
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202414/04/202522/04/2025FrenchPDF
Micro model31/12/202313/06/202424/06/2024FrenchPDF
Micro model31/12/202228/09/202303/10/2023FrenchPDF
Estimate

Indicative valuation

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 31/12/2024 · 1 active · 2 ended

Active mandates

Akudo MC GEE

Mandate

Active

Ended mandates

Elena TURCI

Mandate

Ended
Michael COTTAKIS

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/10/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other07/04/2022
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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. 2024
    Annual accounts 2024-1,8 k €↓
  2. 2023
    Annual accounts 2023-605 €↑
  3. 2022
    Annual accounts 2022-1,6 k €
  4. 05/04/2022
    IncorporationInternational non-profit organization