ACTIVE

CENTRE ON REGULATION IN EUROPE

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Financial year 2025 · Closed on 31/12/2025

Net result194,3 k €+237,7 %over 1 year
Revenue3,2 M €+18,3 %over 1 year
Equity412,9 k €+88,9 %over 1 year
Workforce9,0 ETP+34,3 %over 1 year

Identity

Source · BCE/KBO

CENTRE ON REGULATION IN EUROPE is a Non-profit organization incorporated in 2010. Its main activity is: Other education n.e.c.. Its registered office is in Ixelles. It employs on average 9,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0824.446.055
Incorporation
30/03/2010
Legal form
Non-profit organization
Registered office
Avenue Louise 475 box 10
1050 Ixelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
9,0 ETP
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 8 filings

Trend over 7 financial years

20252024202320222021
Income statement
Revenue3,2 M €2,7 M €2,6 M €2,7 M €1,7 M €
EBITDA195,5 k €60,1 k €53,1 k €301,6 k €-182 k €
Operating result188,9 k €51,3 k €38,1 k €121,2 k €80,3 k €
Net result194,3 k €57,5 k €39,4 k €120,2 k €79,6 k €
Balance sheet
Equity412,9 k €218,6 k €161,1 k €121,7 k €1,4 k €
Total assets2,3 M €1,8 M €1,8 M €1,8 M €1,4 M €
Cash1,5 M €851,2 k €440,2 k €647,6 k €869,3 k €
Debts393,1 k €491,8 k €355,5 k €442,5 k €293,2 k €
Other
Workforce9,0 ETP6,7 ETP–4,4 ETP4,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

10 active · 31 ended

Active mandates

Thomas Martijn Snoep

Director · since 17 novembre 2025 · until 31 mai 2028

Active
Lisa Monaco

Director · since 09 octobre 2025 · until 31 mai 2028

Active
Tim Meyerjürgens

Director · since 30 janvier 2025 · until 31 mai 2028

Active
Bruno Liebhaberg

Chairman of the board of directors · since 23 avril 2024 · until 31 mai 2028

Active
Francesco Del Pizzo

Director · since 20 mai 2022 · until 31 mai 2028

Active
Sean Ennis

Director · since 20 mai 2022 · until 31 mai 2028

Active
Garrett Blaney

Director · since 01 janvier 2021 · until 31 mai 2028

Active
Gina Nieri

Director · since 21 mai 2019 · until 31 mai 2028

Active
Pascal Lamy

Director · since 20 mai 2016 · until 31 mai 2028

Active
Eric De Keuleneer

Director · since 23 mars 2010 · until 31 mai 2028

Active

Ended mandates

Bruno LIEBHABERG

Chairman of the board of directors · since 23 avril 2024 · until 31 mai 2025

Ended
Francesco DEL PIZZO

Director · since 20 mai 2022 · until 31 mai 2025

Ended
Sean ENNIS

Director · since 20 mai 2022 · until 31 mai 2025

Ended
Maya BACACHE

Director · since 28 mai 2021 · until 23 avril 2024

Ended

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Full financial information

Source · NBB
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 date31/08/202621/08/202529/01/202523/02/202401/09/202227/09/2021
General meeting21/05/202620/05/202527/06/202423/05/202326/06/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/05/202631/08/2026FrenchPDF
Abridged model31/12/202420/05/202521/08/2025FrenchPDF
Abridged model31/12/202327/06/202429/01/2025FrenchPDF
Abridged model31/12/202223/05/202323/02/2024FrenchPDF
Abridged model31/12/202126/06/202201/09/2022FrenchPDF
Abridged modelCorrection31/12/202028/05/202127/09/2021FrenchPDF
Abridged model31/12/202026/06/202131/08/2021FrenchPDF
Abridged model31/12/201930/06/202005/09/2020FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

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

10 active · 31 ended

Active mandates

Thomas Martijn Snoep

Director · since 17 novembre 2025 · until 31 mai 2028

Active
Lisa Monaco

Director · since 09 octobre 2025 · until 31 mai 2028

Active
Tim Meyerjürgens

Director · since 30 janvier 2025 · until 31 mai 2028

Active
Bruno Liebhaberg

Chairman of the board of directors · since 23 avril 2024 · until 31 mai 2028

Active
Francesco Del Pizzo

Director · since 20 mai 2022 · until 31 mai 2028

Active
Sean Ennis

Director · since 20 mai 2022 · until 31 mai 2028

Active
Garrett Blaney

Director · since 01 janvier 2021 · until 31 mai 2028

Active
Gina Nieri

Director · since 21 mai 2019 · until 31 mai 2028

Active
Pascal Lamy

Director · since 20 mai 2016 · until 31 mai 2028

Active
Eric De Keuleneer

Director · since 23 mars 2010 · until 31 mai 2028

Active

Ended mandates

Bruno LIEBHABERG

Chairman of the board of directors · since 23 avril 2024 · until 31 mai 2025

Ended
Francesco DEL PIZZO

Director · since 20 mai 2022 · until 31 mai 2025

Ended
Sean ENNIS

Director · since 20 mai 2022 · until 31 mai 2025

Ended
Maya BACACHE

Director · since 28 mai 2021 · until 23 avril 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/03/2023
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates30/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/04/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office13/07/2017
    SIEGE SOCIAL
    PDF
  • Mandates18/06/2013
    DEMISSIONS, NOMINATIONS
    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 2025194,3 k €↑
  2. 2024
    Annual accounts 202457,5 k €↑
  3. 2023
    Annual accounts 202339,4 k €↓
  4. 2022
    Annual accounts 2022120,2 k €↑
  5. 2021
    Annual accounts 202179,6 k €↑
  6. 2020
    Annual accounts 20203,1 k €↓
  7. 2019
    Annual accounts 201918 k €
  8. 30/03/2010
    IncorporationNon-profit organization