ACTIVE

CLOSE THE GAP INTERNATIONAL

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Financial year 2025 · Closed on 31/12/2025

Net result209,5 k €-51,6 %over 1 year

Revenue2 M €-1,7 %over 1 year

Equity3,3 M €+6,8 %over 1 year

Workforce3,7 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

CLOSE THE GAP INTERNATIONAL is a Non-profit organization incorporated in 2003. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Ixelles. It employs on average 3,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0860.353.772
Incorporation: 04/09/2003
Legal form: Non-profit organization
Registered office: Boulevard de la Plaine 2
1050 Ixelles · BruxellesSee on map
Latest accounts: 31/12/2025
Average workforce: 3,7 ETP

Activities (NACE)

72109Research and experimental development on natural sciences and engineering· main 72190Other research and experimental development on natural sciences and engineering 73100Advertising 91330Libraries, archives, museums and other cultural activities 94999Activities of other membership organisations n.e.c.94999Activities of other membership organisations n.e.c.+3

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	2 M €	-1.7%	2,1 M €	+21.1%	1,7 M €	+4.4%	1,6 M €	-21.5%	2,1 M €
EBITDA	260,8 k €	-37.3%	416,3 k €	+40.5%	296,4 k €	-19.6%	368,7 k €	+105%	180,2 k €
Operating result	246,6 k €	-38.7%	402,4 k €	+39.1%	289,3 k €	-20.4%	363,3 k €	+153%	143,6 k €
Net result	209,5 k €	-51.6%	433 k €	+55.9%	277,8 k €	-25.8%	374,1 k €	+142%	154,4 k €
Balance sheet
Equity	3,3 M €	+6.8%	3,1 M €	+16.5%	2,6 M €	+11.8%	2,3 M €	+18.9%	2 M €
Total assets	4,3 M €	-4.2%	4,5 M €	+12.6%	4 M €	+22.0%	3,3 M €	-15.3%	3,9 M €
Cash	2,6 M €	+32.5%	2 M €	-33.1%	2,9 M €	+56.1%	1,9 M €	+18.1%	1,6 M €
Debts	917,5 k €	-23.0%	1,2 M €	-2.7%	1,2 M €	+40.7%	870,6 k €	-51.0%	1,8 M €
Other
Workforce	3,7 ETP	0.0%	3,7 ETP	+23.3%	3,0 ETP	+11.1%	2,7 ETP	0.0%	2,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bjorn CUMPS	Director27/06/2018 → 26/06/2029
Christina VON WACKERBARTH	Vice-voorzitter van de raad van bestuur06/12/2021 → 26/06/2029Chairman of the board of directors01/10/2018 → 2023 accountsended
Wihelmus BLONK	Director26/06/2025 → 26/06/2029
Olivier VANDEN EYNDE	Director04/09/2003 → 31/12/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Wilhelmus BLONK	Director15/06/2015 → 2024 accountsChairman of the board of directors15/06/2015 → 2017 accounts

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Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	23/07/2026	30/07/2025	18/07/2024	19/07/2023	07/07/2022	29/06/2021
General meeting	25/06/2026	26/06/2025	25/06/2024	20/06/2023	30/06/2022	21/06/2021
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 · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	25/06/2026	23/07/2026	Dutch	PDF
Full model	31/12/2024	26/06/2025	30/07/2025	Dutch	PDF
Full model	31/12/2023	25/06/2024	18/07/2024	Dutch	PDF
Full model	31/12/2022	20/06/2023	19/07/2023	Dutch	PDF
Full modelCorrection	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Full model	31/12/2021	30/06/2022	07/07/2022	Dutch	PDF
Full model	31/12/2020	21/06/2021	29/06/2021	Dutch	PDF
Full model	31/12/2019	25/06/2020	08/07/2020	Dutch	PDF
Full model	31/12/2018	27/06/2019	12/07/2019	Dutch	PDF
Full model	31/12/2017	27/06/2018	05/07/2018	Dutch	PDF
Full model	31/12/2016	26/06/2017	17/07/2017	Dutch	PDF
Full model	31/12/2015	17/06/2016	19/07/2016	Dutch	PDF
Full model	31/12/2014	15/06/2015	29/06/2015	Dutch	PDF
Full model	31/12/2013	22/05/2014	12/08/2014	Dutch	PDF
Full model	31/12/2012	27/05/2013	11/07/2013	Dutch	PDF
Full model	31/12/2011	30/05/2012	31/07/2012	Dutch	PDF
Full model	31/12/2010	25/05/2011	24/08/2011	Dutch	PDF
Full model	31/12/2009	25/05/2010	27/07/2010	Dutch	PDF
Full model	31/12/2008	18/06/2009	06/07/2009	Dutch	PDF
Full model	31/12/2007	24/06/2008	26/08/2008	Dutch	PDF
Full model	31/12/2006	24/06/2007	08/08/2007	Dutch	PDF

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.

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

4 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bjorn CUMPS	Director27/06/2018 → 26/06/2029
Christina VON WACKERBARTH	Vice-voorzitter van de raad van bestuur06/12/2021 → 26/06/2029Chairman of the board of directors01/10/2018 → 2023 accountsended
Wihelmus BLONK	Director26/06/2025 → 26/06/2029
Olivier VANDEN EYNDE	Director04/09/2003 → 31/12/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Wilhelmus BLONK	Director15/06/2015 → 2024 accountsChairman of the board of directors15/06/2015 → 2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates23/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Other05/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates10/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/08/2018
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/07/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/05/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/09/2009
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Bjorn CUMPS

Christina VON WACKERBARTH

Wihelmus BLONK

Olivier VANDEN EYNDE

Wilhelmus BLONK

Willem Lageweg

OK MGM

Guido Vandervorst

Michel De Brauwer

Alessandra Azcarraga de Surmont

Daniel De Graaf

Andre Bontems

200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

CLOSE THE GAP INTERNATIONALCLOSE THE GAPClose the Gap International

Boulevard de la Plaine 2, 1050 IxellesPLEINLAAN 5, 1050 IxellesPleinlaan 2, 1050 Ixelles

Director

Vice-voorzitter van de raad van bestuurChairman of the board of directors

Director

DirectorChairman of the board of directors

Director

Vice-chairman of the board of directorsDirector

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Boulevard de la Plaine 2, 1050 IxellesCurrent	accounts 2025	Accounts 2025 · 2026-00338265
PLEINLAAN 5, 1050 Ixelles	accounts 2023 → 2024	Accounts 2024 · 2025-00350714
Pleinlaan 2, 1050 Ixelles	accounts 2021 → 2022	Accounts 2022 · 2023-00256514

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CLOSE THE GAP INTERNATIONALCurrent	accounts 2025	Accounts 2025 · 2026-00338265
CLOSE THE GAP	accounts 2023 → 2024	Accounts 2024 · 2025-00350714
Close the Gap International	accounts 2021 → 2022	Accounts 2022 · 2023-00256514

Events

2025
Annual accounts 2025209,5 k €↓
2025
Name changeCLOSE THE GAP INTERNATIONAL
2024
Annual accounts 2024433 k €↑
2023
Annual accounts 2023277,8 k €↓
2023
Name changeCLOSE THE GAP
2022
Annual accounts 2022374,1 k €↑
2021
Annual accounts 2021154,4 k €↑
2020
Annual accounts 202023,4 k €↑
2019
Annual accounts 2019-365,9 k €↓
2018
Annual accounts 2018669,9 k €↑
2017
Annual accounts 2017-229,6 k €↓
2016
Annual accounts 2016143,4 k €↑
2015
Annual accounts 2015-456,7 k €↑
2014
Annual accounts 2014-883,4 k €↓
2013
Annual accounts 2013262,3 k €↑
2012
Annual accounts 2012234,1 k €↓
2011
Annual accounts 2011572,8 k €↑
2010
Annual accounts 2010222,2 k €↓
2009
Annual accounts 2009244,5 k €↓
2008
Annual accounts 2008252 k €↓
2007
Annual accounts 2007828,3 k €
04/09/2003
IncorporationNon-profit organization

CLOSE THE GAP INTERNATIONAL

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events