ACTIVE

EU FOCUS

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Financial year 2025 · closed on 31/12/2025

Net result

787,3 k €

-0.9% YoY

Gross margin

1,6 M €

-3.1% YoY

Equity

2,9 M €

-10.3% YoY

What does EU FOCUS do?

EU FOCUS is a Private limited company incorporated in 2005. Its main activity is: Management consultancy activities. Its registered office is in Etterbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0876.680.852

Incorporation

13/10/2005

Legal form

Private limited company

Registered office

Rue Abbé Cuypers 3
1040 Etterbeek · BruxellesSee on map

Contributed capital

24 916,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,6 M €	-3.1%	1,7 M €	+43.3%	1,2 M €	+3.4%	1,1 M €	+130%	495,6 k €	-5.8%	526,2 k €	-48.3%	1 M €	+75.1%	581,2 k €	+33.0%	437,2 k €	+15.5%	378,6 k €	-4.5%	396,5 k €	+42.5%	278,2 k €	+65.1%	168,5 k €	-2.1%	172,2 k €	+2.4%	168,2 k €	+45.9%	115,3 k €	+21.6%	94,8 k €	-19.6%	117,9 k €	+339%	26,9 k €	+38.0%	19,5 k €
EBITDA	1,6 M €	-0.8%	1,6 M €	+35.2%	1,2 M €	+2.7%	1,1 M €	+136%	479,9 k €	-4.3%	501,5 k €	-33.6%	755,1 k €	+30.5%	578,5 k €	+36.1%	424,9 k €	+15.9%	366,6 k €	-4.9%	385,5 k €	+43.9%	267,9 k €	+70.6%	157,1 k €	-0.7%	158,2 k €	+1.7%	155,6 k €	+35.9%	114,5 k €	+24.7%	91,7 k €	-18.7%	112,9 k €	+478%	19,5 k €	+45.6%	13,4 k €
Operating result	1,3 M €	-1.4%	1,4 M €	+31.0%	1 M €	+0.5%	1 M €	+136%	435,7 k €	+53.3%	284,2 k €	-54.3%	621,6 k €	+36.5%	455,5 k €	+45.0%	314,2 k €	+8.2%	290,4 k €	-9.5%	320,8 k €	+58.2%	202,8 k €	+117%	93,5 k €	+25.7%	74,4 k €	-2.3%	76,2 k €	-9.3%	84 k €	-7.8%	91 k €	-18.8%	112 k €	+495%	18,8 k €	+42.5%	13,2 k €
Net result	787,3 k €	-0.9%	794,5 k €	+18.8%	668,8 k €	-0.3%	670,9 k €	+147%	271,7 k €	+52.1%	178,6 k €	-52.8%	378,7 k €	+43.6%	263,8 k €	+62.9%	161,9 k €	-1.8%	164,9 k €	-12.0%	187,4 k €	+70.4%	110 k €	+161%	42,2 k €	+157%	16,4 k €	-43.5%	29 k €	-20.2%	36,4 k €	-36.8%	57,5 k €	-22.6%	74,3 k €	+681%	9,5 k €	+62.2%	5,9 k €
Balance sheet
Equity	2,9 M €	-10.3%	3,2 M €	+14.9%	2,8 M €	+16.9%	2,4 M €	+27.1%	1,9 M €	+15.0%	1,6 M €	+12.2%	1,5 M €	+35.1%	1,1 M €	+32.3%	816,7 k €	-24.4%	1,1 M €	+18.0%	914,9 k €	+25.8%	727,5 k €	+17.8%	617,5 k €	-43.0%	1,1 M €	+1.5%	1,1 M €	+2.8%	1 M €	+12225%	8,4 k €	-91.2%	95,9 k €	+344%	21,6 k €	+78.9%	12,1 k €
Total assets	6,2 M €	+16.6%	5,3 M €	+0.2%	5,3 M €	+39.4%	3,8 M €	+21.3%	3,1 M €	-2.8%	3,2 M €	+33.2%	2,4 M €	+20.0%	2 M €	+9.2%	1,9 M €	+5.9%	1,7 M €	+5.3%	1,7 M €	+9.2%	1,5 M €	+6.8%	1,4 M €	-26.1%	1,9 M €	-0.0%	1,9 M €	+73.9%	1,1 M €	+985%	102,2 k €	-11.9%	116 k €	+110%	55,3 k €	+32.4%	41,8 k €
Cash	406,1 k €	-28.8%	570,5 k €	+63.5%	348,8 k €	-29.4%	493,9 k €	+80.6%	273,5 k €	-16.5%	327,4 k €	-33.2%	489,8 k €	+1.6%	482,1 k €	+139%	201,9 k €	-46.1%	374,6 k €	-3.4%	387,9 k €	+211%	124,9 k €	+41.5%	88,3 k €	+41.3%	62,5 k €	+148%	25,2 k €	-64.7%	71,2 k €	+36.8%	52 k €	-38.6%	84,7 k €	+193%	28,9 k €	-22.9%	37,5 k €
Debts	3,3 M €	+57.7%	2,1 M €	-16.4%	2,5 M €	+84.6%	1,4 M €	+24.8%	1,1 M €	-15.6%	1,3 M €	+97.7%	654,7 k €	-26.5%	890,9 k €	-11.0%	1 M €	+55.0%	645,4 k €	-11.4%	728,8 k €	+2.4%	711,5 k €	-7.5%	769 k €	-6.5%	822,2 k €	-4.4%	859,7 k €	+1112%	70,9 k €	-24.4%	93,8 k €	+372%	19,9 k €	-41.1%	33,7 k €	+13.5%	29,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Cristina DUMITRACHE

Director · since 24 juin 2026

Active

Pascal Michaux

Director · since 13 octobre 2005

Active

Ended mandates

Pascal MICHAUX

Manager · since 07 octobre 2005

Ended

EU FOCUS

Manager · 0876.680.852

Ended

Pascal Michaux

Director

Ended

Pascal MICHAUX

Manager

Ended

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Annual accounts

Full financial information

	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	21/08/2026	30/09/2025	15/10/2024	28/08/2023	30/08/2022	14/07/2022
General meeting	29/06/2026	29/09/2025	07/10/2024	05/05/2023	06/05/2022	07/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/06/2026	21/08/2026	French	PDF
Abridged model	31/12/2024	29/09/2025	30/09/2025	Dutch	PDF
Abridged modelCorrection	31/12/2023	07/10/2024	15/10/2024	Dutch	PDF
Abridged model	31/12/2023	03/05/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	05/05/2023	28/08/2023	Dutch	PDF
Abridged model	31/12/2021	06/05/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	07/05/2021	14/07/2022	Dutch	PDF
Abridged model	31/12/2019	02/05/2020	30/10/2020	Dutch	PDF
Abridged model	31/12/2018	03/05/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	04/05/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	05/05/2017	27/09/2017	Dutch	PDF
Abridged model	31/12/2015	06/05/2016	04/10/2016	Dutch	PDF
Abridged model	31/12/2014	04/05/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	05/05/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	03/05/2013	30/08/2013	French	PDF
Abridged model	31/12/2011	04/05/2012	17/08/2012	French	PDF
Abridged model	31/12/2010	06/05/2011	31/10/2011	French	PDF
Abridged model	31/12/2009	07/06/2010	02/08/2010	French	PDF
Abridged model	31/12/2008	04/05/2009	03/08/2009	French	PDF
Abridged model	31/12/2007	05/05/2008	13/06/2008	French	PDF
Abridged model	31/12/2006	04/05/2007	26/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2025 · 2 active · 5 ended

Active mandates

Cristina DUMITRACHE

Director · since 24 juin 2026

Active

Pascal Michaux

Director · since 13 octobre 2005

Active

Ended mandates

Pascal MICHAUX

Manager · since 07 octobre 2005

Ended

EU FOCUS

Manager · 0876.680.852

Ended

Pascal Michaux

Director

Ended

Pascal MICHAUX

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/06/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Registered office22/06/2026
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares03/07/2024
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Capital / shares30/01/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office23/07/2013
MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares12/03/2013
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office21/02/2013
MAATSCHAPPELIJKE ZETEL
PDF
Registered office14/06/2012
SIEGE SOCIAL
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

2025
Annual accounts 2025787,3 k €↓
2024
Annual accounts 2024794,5 k €↑
2023
Annual accounts 2023668,8 k €↓
2022
Annual accounts 2022670,9 k €↑
2021
Annual accounts 2021271,7 k €↑
2020
Annual accounts 2020178,6 k €↓
2019
Annual accounts 2019378,7 k €↑
2018
Annual accounts 2018263,8 k €↑
2017
Annual accounts 2017161,9 k €↓
2016
Annual accounts 2016164,9 k €↓
2015
Annual accounts 2015187,4 k €↑
2014
Annual accounts 2014110 k €↑
2013
Annual accounts 201342,2 k €↑
2012
Annual accounts 201216,4 k €↓
2011
Annual accounts 201129 k €↓
2010
Annual accounts 201036,4 k €↓
2009
Annual accounts 200957,5 k €↓
2008
Annual accounts 200874,3 k €↑
2007
Annual accounts 20079,5 k €↑
2006
Annual accounts 20065,9 k €
13/10/2005
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

EU FOCUS

Overview

What does EU FOCUS do?

Trend over 20 financial years

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