ACTIVE

EFQM

Financial year 2024 · closed on 31/12/2024
Net result
415,4 k €
+89.5% YoY
Revenue
5,7 M €
+4.6% YoY
Equity
1,4 M €
+42.4% YoY
Workforce
7,8 ETP
-1.3% YoY

What does EFQM do?

EFQM is a Private foundation incorporated in 2005. Its registered office is in Machelen (Brab.). It employs on average 7,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0871.740.087
Incorporation
07/02/2005
Legal form
Private foundation
Registered office
Leonardo da Vincilaan 19A
1831 Machelen (Brab.) · FlandreSee on map
Latest accounts
31/12/2024
Average workforce
7,8 ETP
Joint committees (2)
  • 200
  • 335
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20242023202220212020201920182017201620152014201320122011
Income statement
Revenue5,7 M €5,5 M €3,9 M €3,1 M €3 M €3,4 M €2,6 M €3,1 M €3,2 M €3,7 M €3,7 M €3,7 M €4,1 M €3,7 M €
EBITDA574,5 k €588,1 k €228,7 k €-41,6 k €142,7 k €-18,6 k €-92,8 k €-41,3 k €-302,4 k €-243,5 k €225,8 k €314,9 k €170 k €162,2 k €
Operating result501,4 k €307,6 k €68 k €-114,7 k €77,2 k €-62,6 k €-131,7 k €-84 k €-348,3 k €-277,8 k €204,3 k €277,8 k €190,1 k €141,4 k €
Net result415,4 k €219,2 k €7,8 k €-144,1 k €56,4 k €-85,4 k €-139,7 k €-107,8 k €-363,9 k €-284 k €193,8 k €266,7 k €183,4 k €142 k €
Balance sheet
Equity1,4 M €979,1 k €759,9 k €752,1 k €896,2 k €839,8 k €925,2 k €1,1 M €1,2 M €1,5 M €1,8 M €1,6 M €1,4 M €1,2 M €
Total assets3,2 M €2,7 M €2,1 M €1,9 M €2,1 M €2 M €2,1 M €2,3 M €2,4 M €3 M €3,4 M €3,2 M €3,1 M €2,7 M €
Cash1,1 M €1,5 M €943,4 k €971,6 k €983,5 k €963,1 k €1,4 M €1,4 M €1,2 M €1,5 M €1,5 M €539 k €579,6 k €769,1 k €
Debts876,7 k €905,5 k €574,8 k €376,5 k €395 k €484,5 k €304,7 k €435 k €382,7 k €488 k €726,4 k €773,3 k €954,8 k €552 k €
Other
Workforce7,8 ETP7,9 ETP8,8 ETP9,0 ETP7,8 ETP10,3 ETP11,6 ETP12,2 ETP13,6 ETP15,6 ETP17,6 ETP16,3 ETP16,1 ETP16,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2024 · 10 active · 90 ended

Active mandates

Hans Kostwein

Director · since 29 octobre 2024 · until 29 octobre 2026

Active
Paul Little

Chairman of the board of directors · since 29 octobre 2024 · until 29 octobre 2026

Active
Robert Engelhom

Director · since 29 octobre 2024 · until 29 octobre 2026

Active
Christophe Pietsch

Director · since 20 juin 2024 · until 20 juin 2026

Active
Markus Zejermann

Director · since 24 janvier 2024 · until 24 janvier 2026

Active
Shweta Saxena

Director · since 24 janvier 2024 · until 24 janvier 2026

Active
Oliver Augsten

Director · since 28 juin 2023 · until 28 juin 2025

Active
Sophie Bechu

Director · since 26 avril 2023 · until 26 avril 2025

Active
Bjuvestig Charu

Director · since 26 octobre 2022 · until 23 octobre 2024

Active
Maria Nieves Segobia Bonet

Director · since 26 octobre 2022 · until 08 juillet 2024

Active

Ended mandates

Charu BJUVESTIG

Director · since 26 octobre 2022 · until 26 octobre 2024

Ended
Hans KOSTWEIN

Director · since 26 octobre 2022 · until 26 octobre 2024

Ended
Maria NIEVES SEGOBIA BONET

Director · since 26 octobre 2022 · until 26 octobre 2024

Ended
Nathalie Gaillard ép. JOLIVET

Director · since 26 octobre 2022 · until 02 novembre 2022

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date16/04/202504/04/202430/05/202303/05/202231/03/202113/03/2020
General meeting01/04/202520/03/202426/04/202331/03/202203/03/202110/03/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202401/04/202516/04/2025DutchPDF
Full model31/12/202320/03/202404/04/2024DutchPDF
Full model31/12/202226/04/202330/05/2023DutchPDF
Full model31/12/202131/03/202203/05/2022DutchPDF
Full model31/12/202003/03/202131/03/2021DutchPDF
Full model31/12/201910/03/202013/03/2020DutchPDF
Full model31/12/201821/03/201926/03/2019DutchPDF
Full model31/12/201708/05/201816/05/2018DutchPDF
Full model31/12/201604/04/201721/04/2017DutchPDF
Full model31/12/201519/04/201618/05/2016DutchPDF
Full model31/12/201428/04/201508/05/2015DutchPDF
Full model31/12/201301/04/201414/04/2014DutchPDF
Full model31/12/201223/04/201321/05/2013DutchPDF
Full model31/12/201123/04/201209/05/2012DutchPDF
Full model31/12/201012/04/201129/04/2011DutchPDF
Full model31/12/200910/05/201009/06/2010DutchPDF
Full model31/12/200820/05/200923/06/2009DutchPDF
Full model31/12/200710/06/200819/06/2008DutchPDF
Full model31/12/200631/05/200704/06/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 10 active · 90 ended

Active mandates

Hans Kostwein

Director · since 29 octobre 2024 · until 29 octobre 2026

Active
Paul Little

Chairman of the board of directors · since 29 octobre 2024 · until 29 octobre 2026

Active
Robert Engelhom

Director · since 29 octobre 2024 · until 29 octobre 2026

Active
Christophe Pietsch

Director · since 20 juin 2024 · until 20 juin 2026

Active
Markus Zejermann

Director · since 24 janvier 2024 · until 24 janvier 2026

Active
Shweta Saxena

Director · since 24 janvier 2024 · until 24 janvier 2026

Active
Oliver Augsten

Director · since 28 juin 2023 · until 28 juin 2025

Active
Sophie Bechu

Director · since 26 avril 2023 · until 26 avril 2025

Active
Bjuvestig Charu

Director · since 26 octobre 2022 · until 23 octobre 2024

Active
Maria Nieves Segobia Bonet

Director · since 26 octobre 2022 · until 08 juillet 2024

Active

Ended mandates

Charu BJUVESTIG

Director · since 26 octobre 2022 · until 26 octobre 2024

Ended
Hans KOSTWEIN

Director · since 26 octobre 2022 · until 26 octobre 2024

Ended
Maria NIEVES SEGOBIA BONET

Director · since 26 octobre 2022 · until 26 octobre 2024

Ended
Nathalie Gaillard ép. JOLIVET

Director · since 26 octobre 2022 · until 02 novembre 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/09/2026
    Ontslagneming door een bestuurder - Volmacht voor publicatie- (en
    PDF
  • Mandates15/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office28/08/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates29/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

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 2024415,4 k €
  2. 2023
    Annual accounts 2023219,2 k €
  3. 2022
    Annual accounts 20227,8 k €
  4. 2021
    Annual accounts 2021-144,1 k €
  5. 2020
    Annual accounts 202056,4 k €
  6. 2019
    Annual accounts 2019-85,4 k €
  7. 2018
    Annual accounts 2018-139,7 k €
  8. 2017
    Annual accounts 2017-107,8 k €
  9. 2016
    Annual accounts 2016-363,9 k €
  10. 2015
    Annual accounts 2015-284 k €
  11. 2014
    Annual accounts 2014193,8 k €
  12. 2013
    Annual accounts 2013266,7 k €
  13. 2012
    Annual accounts 2012183,4 k €
  14. 2011
    Annual accounts 2011142 k €
  15. 07/02/2005
    IncorporationPrivate foundation