EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR GAS
0822.653.040 · rovalta.com · 27/09/2026
ACTIVE
EUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR GAS
Financial year 2025 · Closed on 31/12/2025
Net result160,8 k €+171,0 %over 1 year
Gross margin1,6 M €+19,8 %over 1 year
Equity1,4 M €+13,3 %over 1 year
Workforce12,5 ETP+9,6 %over 1 year
Overview
Identity
Source · BCE/KBOEUROPEAN NETWORK OF TRANSMISSION SYSTEM OPERATORS FOR GAS is a International non-profit organization incorporated in 2010. Its main activity is: Activities of business and employers membership organisations. Its registered office is in Bruxelles. It employs on average 12,5 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0822.653.040
- Incorporation
- 27/01/2010
- Legal form
- International non-profit organization
- Registered office
- Avenue de Cortenbergh 100
1000 Bruxelles · BruxellesSee on map - Latest accounts
- 31/12/2025
- Average workforce
- 12,5 ETP
Activities (NACE)
Joint committees (1)
- 335
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 14 filingsTrend over 13 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 1,6 M € | +19.8% | 1,4 M € | +11.4% | 1,2 M € | -24.8% | 1,6 M € | -30.3% | 2,3 M € |
| EBITDA | 186 k € | +187% | -212,7 k € | +1.8% | -216,7 k € | +45.8% | -400,1 k € | -175% | 532,7 k € |
| Operating result | 147,3 k € | +155% | -267,5 k € | -1.3% | -264 k € | +43.9% | -470,5 k € | -202% | 459,6 k € |
| Net result | 160,8 k € | +171% | -226,4 k € | +8.5% | -247,6 k € | +49.1% | -486,6 k € | -211% | 438,6 k € |
| Balance sheet | |||||||||
| Equity | 1,4 M € | +13.3% | 1,2 M € | -15.7% | 1,4 M € | -14.7% | 1,7 M € | -22.4% | 2,2 M € |
| Total assets | 2,9 M € | +18.1% | 2,5 M € | -7.6% | 2,7 M € | -4.1% | 2,8 M € | -22.1% | 3,6 M € |
| Cash | 2,7 M € | +23.0% | 2,2 M € | -5.3% | 2,3 M € | -6.7% | 2,5 M € | -21.9% | 3,2 M € |
| Debts | 382,2 k € | -34.0% | 579,5 k € | -30.4% | 832,9 k € | +7.6% | 773,9 k € | -32.9% | 1,2 M € |
| Other | |||||||||
| Workforce | 12,5 ETP | +9.6% | 11,4 ETP | +0.9% | 11,3 ETP | -23.6% | 14,8 ETP | -0.7% | 14,9 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/202515 active · 94 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Jeroen Zanting | Managing director | since 09/10/2025 | |
Kia Jerichau | Gedeleerd bestuurder | since 08/10/2025 | |
Bitenc Matija | Managing director | since 01/01/2025 | |
Hackl Valerie | Managing director | since 01/01/2025 | |
Jenn Matthias | Managing director | since 01/01/2025 | |
Robert Bosnjak | Managing director | since 01/01/2025 | |
Karolina Golonka | Personne déléguée à la gestion journalière | since 21/11/2024 | |
Kramek Elizbieta | Managing director | since 13/03/2024 | |
Pierre Duvieusart | Managing director | since 24/01/2024 | |
Juhani Sipilä Olli | Managing director | since 01/07/2023 | |
Luis Ignacio Parada Diego | Managing director | since 10/05/2023 | |
Don O Donnell | Managing director | since 01/01/2022 | |
Gaetano Mazzitelli | Managing director | since 01/01/2022 | |
Piotr Kus | Personne déléguée à la gestion journalière | since 01/01/2022 | |
Pascal De Buck | Managing director | since 01/09/2015 | 00 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Dano Jeppe | Managing director | since 01/01/2025 | |
Kramek Elzbieta | administrateur | 30/04/2024 → 31/12/2024 | |
Pierre Duvieusart | administrateur | 30/04/2024 → 31/12/2024 | |
Ravnachki Kiril | administrateur | 30/04/2024 → 31/12/2024 |
Other companies at this address
Avenue de Cortenbergh 100 1000 Bruxelles| Company | CBE no. |
|---|---|
European Renewable Gas Registry● Active | 0672.698.265 |
Gas Grid Group● Active | 0753.637.936 |
GAS INFRASTRUCTURE EUROPE● Active | 0478.897.017 |
IPG Belgium● Active | 0437.360.132 |
McCann - Erickson● Active | 0403.490.405 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 08/06/2026 | 08/07/2025 | 13/05/2024 | 25/05/2023 | 17/06/2022 | 11/06/2021 |
| General meeting | 03/04/2026 | 29/04/2025 | 30/04/2024 | 26/04/2023 | 28/04/2022 | 27/04/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | 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, 14 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 03/04/2026 | 08/06/2026 | French | |
| Abridged modelCorrection | 31/12/2024 | 29/04/2025 | 08/07/2025 | French | |
| Abridged model | 31/12/2024 | 29/04/2025 | 03/07/2025 | French | |
| Abridged model | 31/12/2023 | 30/04/2024 | 13/05/2024 | French | |
| Abridged model | 31/12/2022 | 26/04/2023 | 25/05/2023 | French | |
| Abridged model | 31/12/2021 | 28/04/2022 | 17/06/2022 | French | |
| Abridged model | 31/12/2020 | 27/04/2021 | 11/06/2021 | French | |
| Abridged model | 31/12/2019 | 03/04/2020 | 12/05/2020 | French | |
| Abridged model | 31/12/2018 | 03/04/2019 | 28/05/2019 | French | |
| Abridged model | 31/12/2017 | 12/04/2018 | 21/06/2018 | French | |
| Abridged model | 31/12/2016 | 06/04/2017 | 23/05/2017 | French | |
| Abridged model | 31/12/2015 | 08/06/2016 | 24/06/2016 | French | |
| Abridged model | 31/12/2014 | 22/04/2015 | 07/05/2015 | French | |
| Abridged model | 31/12/2013 | 11/06/2014 | 18/08/2014 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 5 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.
Disclaimer
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 31/12/202515 active · 94 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Jeroen Zanting | Managing director | since 09/10/2025 | |
Kia Jerichau | Gedeleerd bestuurder | since 08/10/2025 | |
Bitenc Matija | Managing director | since 01/01/2025 | |
Hackl Valerie | Managing director | since 01/01/2025 | |
Jenn Matthias | Managing director | since 01/01/2025 | |
Robert Bosnjak | Managing director | since 01/01/2025 | |
Karolina Golonka | Personne déléguée à la gestion journalière | since 21/11/2024 | |
Kramek Elizbieta | Managing director | since 13/03/2024 | |
Pierre Duvieusart | Managing director | since 24/01/2024 | |
Juhani Sipilä Olli | Managing director | since 01/07/2023 | |
Luis Ignacio Parada Diego | Managing director | since 10/05/2023 | |
Don O Donnell | Managing director | since 01/01/2022 | |
Gaetano Mazzitelli | Managing director | since 01/01/2022 | |
Piotr Kus | Personne déléguée à la gestion journalière | since 01/01/2022 | |
Pascal De Buck | Managing director | since 01/09/2015 | 00 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Dano Jeppe | Managing director | since 01/01/2025 | |
Kramek Elzbieta | administrateur | 30/04/2024 → 31/12/2024 | |
Pierre Duvieusart | administrateur | 30/04/2024 → 31/12/2024 | |
Ravnachki Kiril | administrateur | 30/04/2024 → 31/12/2024 |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates13/01/2026DIVERS - DEMISSIONS, NOMINATIONS
- Other19/12/2024DIVERS
- Mandates09/12/2024DEMISSIONS, NOMINATIONS
- Mandates21/05/2024DEMISSIONS, NOMINATIONS
- Other25/08/2023STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates24/07/2023DEMISSIONS, NOMINATIONS
- Mandates08/06/2023DEMISSIONS, NOMINATIONS
- Mandates12/09/2022DEMISSIONS, NOMINATIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025160,8 k €↑
- 2024Annual accounts 2024-226,4 k €↑
- 2023Annual accounts 2023-247,6 k €↑
- 2022Annual accounts 2022-486,6 k €↓
- 2021Annual accounts 2021438,6 k €↓
- 2020Annual accounts 2020525,5 k €↑
- 2019Annual accounts 201971,6 k €↑
- 2018Annual accounts 2018-151,1 k €↑
- 2017Annual accounts 2017-606,1 k €↓
- 2016Annual accounts 2016531,7 k €↑
- 2015Annual accounts 2015224,8 k €↑
- 2014Annual accounts 2014-46,5 k €↑
- 2013Annual accounts 2013-1,4 M €
- 27/01/2010IncorporationInternational non-profit organization
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Avenue de Cortenbergh 100, 1000 BrusselsCurrent | CBE, tracked since 27/09/2026 | CBE |
| Avenue Cortenbergh 100, 1000 Brussels | accounts 2021 → 2025 | Accounts 2025 · 2026-00151502 |
Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.