European Railway Clusters Initiative
0787.282.979 · rovalta.com · 27/09/2026
European Railway Clusters Initiative
Financial year 2025 · Closed on 31/12/2025
Overview
Identity
Source · BCE/KBOEuropean Railway Clusters Initiative is a Non-profit organization incorporated in 2022. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0787.282.979
- Incorporation
- 15/06/2022
- Legal form
- Non-profit organization
- Registered office
- Avenue Louise 500
1050 Bruxelles · BruxellesSee on map - Latest accounts
- 31/12/2025
Financials
Source · NBB, 4 filingsTrend over 4 financial years
| 2025 | 2024 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 9,2 k € | – | 0 € | – | |||
| EBITDA | 13,3 k € | -45.5% | 24,4 k € | +3.1% | 23,7 k € | +104% | 11,6 k € |
| Operating result | 12,2 k € | -47.8% | 23,3 k € | +1.8% | 22,9 k € | +96.8% | 11,6 k € |
| Net result | 11,9 k € | -48.4% | 23,1 k € | +1.6% | 22,8 k € | +96.2% | 11,6 k € |
| Balance sheet | |||||||
| Equity | 69,4 k € | +20.8% | 57,5 k € | +67.3% | 34,4 k € | +196% | 11,6 k € |
| Total assets | 487,1 k € | +27.7% | 381,4 k € | +6.3% | 358,6 k € | +2443% | 14,1 k € |
| Cash | 103,5 k € | +16.4% | 88,9 k € | +36.9% | 65 k € | +577% | 9,6 k € |
| Debts | 417,7 k € | +29.8% | 321,9 k € | +1.1% | 318,2 k € | +12642% | 2,5 k € |
Valuation
Indicative valuation
As an indication, this company is worth
Board of directors
Source · NBB, accounts to 31/12/20255 active · 11 ended
Active mandates
Ended mandates
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Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 02/05/2022 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 |
| Length of the financial year | 12 months | 12 months | 12 months | 8 months |
| Filing date | 06/06/2026 | 15/05/2025 | 10/06/2024 | 01/06/2023 |
| General meeting | 11/05/2026 | 23/04/2025 | 27/05/2024 | 27/04/2023 |
| Currency of the financial year | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 4 filingsValuation
Indicative valuation
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.
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20255 active · 11 ended
Active mandates
Ended mandates
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official GazetteSimilar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202511,9 k €↓
- 2025Name changeEUROPEAN RAILWAY CLUSTER INITIATIVE (en abrégé ERCI)
- 2024Annual accounts 202423,1 k €↑
- 2023Annual accounts 202322,8 k €↑
- 2022Annual accounts 202211,6 k €
- 15/06/2022IncorporationNon-profit organization
- 2022Name changeEUROPEAN RAILWAY CLUSTERS INITIATIVE (en abrégé ERCI)