CRUISE LINES INTERNATIONAL ASSOCIATION EUROPE
0826.711.402 · rovalta.com · 27/09/2026
ACTIVE
CRUISE LINES INTERNATIONAL ASSOCIATION EUROPE
Financial year 2025 · Closed on 31/12/2025
Net result151,1 k €+115,5 %over 1 year
Revenue6 M €+14,3 %over 1 year
Equity247 k €+157,5 %over 1 year
Workforce10,1 ETP+1,0 %over 1 year
Overview
Identity
Source · BCE/KBOCRUISE LINES INTERNATIONAL ASSOCIATION EUROPE is a Non-profit organization incorporated in 2010. Its main activity is: Public relations and communication activities. Its registered office is in Bruxelles. It employs on average 10,1 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0826.711.402
- Incorporation
- 17/06/2010
- Legal form
- Non-profit organization
- Registered office
- Rue Montoyer 40
1000 Bruxelles · BruxellesSee on map - Latest accounts
- 31/12/2025
- Average workforce
- 10,1 ETP
Activities (NACE)
Joint committees (1)
- 337
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 16 filingsTrend over 11 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 6 M € | +14.3% | 5,3 M € | +8.2% | 4,9 M € | +28.7% | 3,8 M € | +59.5% | 2,4 M € |
| EBITDA | 239,3 k € | +126% | -908,3 k € | -553% | 200,7 k € | +20.5% | 166,5 k € | +121% | -776,1 k € |
| Operating result | 160,1 k € | +117% | -967 k € | -1196% | 88,2 k € | -21.7% | 112,6 k € | +114% | -818,3 k € |
| Net result | 151,1 k € | +115% | -976,1 k € | -1314% | 80,4 k € | -25.1% | 107,4 k € | +113% | -805,3 k € |
| Balance sheet | |||||||||
| Equity | 247 k € | +157% | 95,9 k € | -91.1% | 1,1 M € | +8.1% | 991,6 k € | +12.1% | 884,2 k € |
| Total assets | 1,1 M € | +5.1% | 1,1 M € | -51.0% | 2,2 M € | +33.4% | 1,6 M € | +2.3% | 1,6 M € |
| Cash | 655,4 k € | +72.5% | 379,9 k € | -16.8% | 456,5 k € | +143% | 187,8 k € | -3.8% | 195,3 k € |
| Debts | 719 k € | -14.7% | 843 k € | -10.4% | 941,2 k € | +47.0% | 640,2 k € | -10.4% | 715 k € |
| Other | |||||||||
| Workforce | 10,1 ETP | +1.0% | 10,0 ETP | +22.0% | 8,2 ETP | +13.9% | 7,2 ETP | -13.3% | 8,3 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20254 active · 8 ended
Active mandates
| Director | Function | Mandate |
|---|---|---|
Marie-Caroline LAURENT | Director | since 15/11/2021 |
Joshua GOOD | Director | since 26/06/2018 |
David DINGLE | Director | since 15/09/2015 |
Pierfrancesco VAGO | Vice-chairman of the board of directors | since 07/11/2013 |
Ended mandates
| Director | Function | Mandate |
|---|---|---|
Hervé GASTINEL | Director | 22/03/2023 → 22/03/2024 |
Michael THAMM | Chairman of the board of directors | 01/01/2019 → 31/12/2020 |
Michael THAMM | Chairman of the board of directors | since 01/01/2019 |
Thomas BOARDLEY | Director | 26/06/2018 → 31/08/2020 |
Other companies at this address
Rue Montoyer 40 1000 Bruxelles| Company | CBE no. |
|---|---|
| 0876.237.325 | |
| 0875.570.993 | |
| 0792.743.089 | |
| 0808.072.950 |
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 | 25/07/2026 | 22/07/2025 | 07/08/2024 | 29/06/2023 | 28/06/2023 | 20/07/2021 |
| General meeting | 12/05/2026 | 20/05/2025 | 12/06/2024 | 15/06/2023 | 30/06/2022 | 29/06/2021 |
| 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, 16 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 12/05/2026 | 25/07/2026 | French | |
| Abridged model | 31/12/2025 | 12/05/2026 | 03/07/2026 | English | |
| Abridged model | 31/12/2024 | 20/05/2025 | 22/07/2025 | French | |
| Abridged model | 31/12/2024 | 20/05/2025 | 22/07/2025 | English | |
| Abridged model | 31/12/2023 | 12/06/2024 | 07/08/2024 | English | |
| Abridged model | 31/12/2023 | 12/06/2024 | 02/08/2024 | French | |
| Abridged model | 31/12/2022 | 15/06/2023 | 29/06/2023 | English | |
| Abridged model | 31/12/2022 | 15/06/2023 | 29/06/2023 | French | |
| Abridged model | 31/12/2021 | 30/06/2022 | 28/06/2023 | French | |
| Abridged model | 31/12/2021 | 30/06/2022 | 15/07/2022 | English | |
| Abridged model | 31/12/2020 | 29/06/2021 | 20/07/2021 | French | |
| Abridged model | 31/12/2019 | 18/08/2020 | 06/10/2020 | French | |
| Abridged model | 31/12/2018 | 28/06/2019 | 08/08/2019 | French | |
| Abridged model | 31/12/2017 | 26/06/2018 | 06/08/2018 | French | |
| Abridged model | 31/12/2016 | 16/05/2017 | 08/09/2017 | French | |
| Abridged model | 31/12/2015 | 31/05/2016 | 30/08/2016 | French |
Valuation
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.
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 31/12/20254 active · 8 ended
Active mandates
| Director | Function | Mandate |
|---|---|---|
Marie-Caroline LAURENT | Director | since 15/11/2021 |
Joshua GOOD | Director | since 26/06/2018 |
David DINGLE | Director | since 15/09/2015 |
Pierfrancesco VAGO | Vice-chairman of the board of directors | since 07/11/2013 |
Ended mandates
| Director | Function | Mandate |
|---|---|---|
Hervé GASTINEL | Director | 22/03/2023 → 22/03/2024 |
Michael THAMM | Chairman of the board of directors | 01/01/2019 → 31/12/2020 |
Michael THAMM | Chairman of the board of directors | since 01/01/2019 |
Thomas BOARDLEY | Director | 26/06/2018 → 31/08/2020 |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates06/04/2023DEMISSIONS, NOMINATIONS
- Mandates27/10/2014DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates08/07/2013DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Other06/04/2012STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates15/07/2011DEMISSIONS, NOMINATIONS
- Other29/06/2010RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 2025151,1 k €↑
- 2024Annual accounts 2024-976,1 k €↓
- 2023Annual accounts 202380,4 k €↓
- 2022Annual accounts 2022107,4 k €↑
- 2021Annual accounts 2021-805,3 k €↓
- 2020Annual accounts 2020556,4 k €↑
- 2019Annual accounts 2019-29,3 k €↓
- 2018Annual accounts 2018253,8 k €↓
- 2017Annual accounts 2017546,6 k €↑
- 2016Annual accounts 2016506,8 k €
- 2015Annual accounts 2015
- 17/06/2010IncorporationNon-profit organization
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Rue Montoyer 40, 1000 BrusselsCurrent | accounts 2021 → 2025 · CBE, tracked since 27/09/2026 | Accounts 2025 · 2026-00352324 |
| rue du Trône 60, 1050 Ixelles | accounts 2021 | Accounts 2021 · 2022-20197522 |
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.