ACTIVE

Partnership For Advanced Computing In Europe

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Financial year 2024 · Closed on 31/12/2024

Net result-652,5 k €-52,9 %over 1 year
Gross margin208,4 k €-69,3 %over 1 year
Equity655 k €-49,9 %over 1 year
Workforce6,6 ETP-2,9 %over 1 year

Identity

Source · BCE/KBO

Partnership For Advanced Computing In Europe is a International non-profit organization incorporated in 2010. Its registered office is in Ixelles. It employs on average 6,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0826.890.059
Incorporation
24/06/2010
Legal form
International non-profit organization
Registered office
Rue du Trône 98
1050 Ixelles · BruxellesSee on map
Latest accounts
31/12/2024
Average workforce
6,6 ETP
Joint committees (2)
  • 200
  • 335
Signals
Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20242023202220212020
Income statement
Gross margin208,4 k €678,5 k €1,4 M €1,2 M €1,4 M €
EBITDA-469,5 k €33,4 k €490,8 k €135,7 k €621,1 k €
Operating result-651,5 k €-422,9 k €304,9 k €114,3 k €438,3 k €
Net result-652,5 k €-426,7 k €297,9 k €105,5 k €436,8 k €
Balance sheet
Equity655 k €1,3 M €1,7 M €1,4 M €1,3 M €
Total assets871,1 k €1,6 M €2,8 M €4,4 M €5,6 M €
Cash478 k €443,5 k €292,9 k €3,3 M €4,9 M €
Debts151,7 k €143,8 k €1,1 M €2,8 M €3,8 M €
Other
Workforce6,6 ETP6,8 ETP8,9 ETP9,6 ETP8,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

7 active · 17 ended

Active mandates

Debora TESTI

Director · since 22 novembre 2023 · until 22 novembre 2026

Active
Florian BERBERICH

Director · since 22 novembre 2023 · until 22 novembre 2026

Active
Maria Grazia GIUFFREDA

Director · since 22 novembre 2023 · until 22 novembre 2026

Active
Nathalie REUTER

Director · since 22 novembre 2023 · until 22 novembre 2026

Active
Philippe SEGERS

Director · since 22 novembre 2023 · until 22 novembre 2026

Active
Pineda ORIOL

Director · since 22 novembre 2023 · until 22 novembre 2026

Active
Serge BOGAERTS

Managing director · since 22 novembre 2023 · until 22 novembre 2026

Active

Ended mandates

Nuria Lopez Alonso

Director · since 03 mars 2019

Ended
Sinead Ryan

Director · since 02 mars 2018 · until 03 mars 2019

Ended
Sinead Ryan

Director · since 02 mars 2018

Ended
Debora Testi

Director · since 06 septembre 2017

Ended

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Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/11/202505/11/202511/03/202408/07/202209/08/202130/07/2020
General meeting04/06/202504/06/202530/06/202330/06/202216/06/202101/01/9999
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, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202404/06/202513/11/2025FrenchPDF
Abridged model31/12/202304/06/202505/11/2025FrenchPDF
Abridged model31/12/202230/06/202311/03/2024FrenchPDF
Abridged model31/12/202130/06/202208/07/2022FrenchPDF
Abridged model31/12/202016/06/202109/08/2021FrenchPDF
Abridged model31/12/201901/01/999930/07/2020FrenchPDF
Abridged model31/12/201806/06/201909/07/2019FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2024

7 active · 17 ended

Active mandates

Debora TESTI

Director · since 22 novembre 2023 · until 22 novembre 2026

Active
Florian BERBERICH

Director · since 22 novembre 2023 · until 22 novembre 2026

Active
Maria Grazia GIUFFREDA

Director · since 22 novembre 2023 · until 22 novembre 2026

Active
Nathalie REUTER

Director · since 22 novembre 2023 · until 22 novembre 2026

Active
Philippe SEGERS

Director · since 22 novembre 2023 · until 22 novembre 2026

Active
Pineda ORIOL

Director · since 22 novembre 2023 · until 22 novembre 2026

Active
Serge BOGAERTS

Managing director · since 22 novembre 2023 · until 22 novembre 2026

Active

Ended mandates

Nuria Lopez Alonso

Director · since 03 mars 2019

Ended
Sinead Ryan

Director · since 02 mars 2018 · until 03 mars 2019

Ended
Sinead Ryan

Director · since 02 mars 2018

Ended
Debora Testi

Director · since 06 septembre 2017

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other14/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates30/11/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/11/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/11/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/01/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/01/2022
    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. 2024
    Annual accounts 2024-652,5 k €↓
  2. 2024
    Name changePRACE AISBL
  3. 2023
    Annual accounts 2023-426,7 k €↓
  4. 2022
    Annual accounts 2022297,9 k €↑
  5. 2021
    Annual accounts 2021105,5 k €↓
  6. 2021
    Name changePartnership For Advanced Computing In Europe
  7. 2020
    Annual accounts 2020436,8 k €↓
  8. 2019
    Annual accounts 2019458,5 k €↑
  9. 2018
    Annual accounts 2018-1,7 M €
  10. 24/06/2010
    IncorporationInternational non-profit organization