Federation of European Securities Exchanges
0878.308.670 · rovalta.com · 27/09/2026
ACTIVE
Federation of European Securities Exchanges
Financial year 2025 · Closed on 31/12/2025
Net result242,1 k €+195,5 %over 1 year
Gross margin1,5 M €+80,9 %over 1 year
Equity2,1 M €+13,3 %over 1 year
Workforce7,9 ETP+8,2 %over 1 year
Overview
Identity
Source · BCE/KBOFederation of European Securities Exchanges is a International non-profit organization incorporated in 2006. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Bruxelles. It employs on average 7,9 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0878.308.670
- Incorporation
- 03/01/2006
- Legal form
- International non-profit organization
- Registered office
- Rue Montoyer 25
1000 Bruxelles · BruxellesSee on map - Latest accounts
- 31/12/2025
- Average workforce
- 7,9 ETP
Activities (NACE)
91110Libraries, archives, museums and other cultural activities· main94110Activities of business and employers membership organisations94110Activities of business and employers membership organisations94120Activities of professional membership organisations94120Activities of professional membership organisations91120Libraries, archives, museums and other cultural activities
Joint committees (1)
- 337
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 16 filingsTrend over 13 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 1,5 M € | +80.9% | 849,4 k € | +20.0% | 707,9 k € | -25.9% | 955,6 k € | +11.5% | 857 k € |
| EBITDA | 281,6 k € | +223% | -228,1 k € | -10.3% | -206,8 k € | -266% | 124,3 k € | +20.6% | 103 k € |
| Operating result | 242,9 k € | +197% | -249,6 k € | -11.3% | -224,2 k € | -304% | 110 k € | +12.9% | 97,4 k € |
| Net result | 242,1 k € | +195% | -253,6 k € | -9.1% | -232,5 k € | -343% | 95,6 k € | +9.4% | 87,4 k € |
| Balance sheet | |||||||||
| Equity | 2,1 M € | +13.3% | 1,8 M € | -12.2% | 2,1 M € | -10.1% | 2,3 M € | +4.3% | 2,2 M € |
| Total assets | 2,4 M € | +4.6% | 2,3 M € | -6.2% | 2,4 M € | -16.5% | 2,9 M € | +19.9% | 2,4 M € |
| Cash | 1,6 M € | -18.3% | 1,9 M € | -13.7% | 2,2 M € | -19.7% | 2,8 M € | +22.4% | 2,3 M € |
| Debts | 286,6 k € | -23.4% | 374,1 k € | +17.4% | 318,7 k € | -43.5% | 563,9 k € | +175% | 205,1 k € |
| Other | |||||||||
| Workforce | 7,9 ETP | +8.2% | 7,3 ETP | -1.4% | 7,4 ETP | 0.0% | 7,4 ETP | +2.8% | 7,2 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 31/12/202511 active · 62 ended
Active mandates
BORSE STUTTGART S. Etr.
ActiveActive
Active
Active
Active
Active
Ended mandates
Ended
BORSE STUTTGART
EndedOther companies at this address
Rue Montoyer 25 1000 Bruxelles| Company | CBE no. |
|---|---|
Arcwide Belgium● Active | 0781.873.448 |
| 0876.623.939 | |
BEARINGPOINT BELGIUM● Active | 0870.541.742 |
CANCOM Public● Active | 0555.921.945 |
Corteva Agriscience Belgium● Active | 0665.877.284 |
EUFactoring Association● Active | 1039.225.039 |
EURALIA● Active | 0462.200.248 |
| 0764.678.318 | |
European Tax Adviser Federation● Active | 0654.762.371 |
EURO-TOQUES● Active | 0477.855.256 |
| 0758.860.593 | |
| 0892.377.234 | |
| 0805.453.158 | |
Nexo● Active | 0822.206.147 |
PARTI DEMOCRATE EUROPEEN● Active | 0867.454.469 |
SCINNOV● Active | 0657.920.019 |
Vylor Belgium● Active | 1035.683.945 |
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 | 24/06/2026 | 01/07/2025 | 31/07/2024 | 23/08/2023 | 04/07/2022 | 23/06/2021 |
| General meeting | 02/06/2026 | 03/06/2025 | 07/06/2024 | 27/06/2023 | 21/06/2022 | 25/05/2021 |
| 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 |
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 | 02/06/2026 | 24/06/2026 | French | |
| Abridged model | 31/12/2024 | 03/06/2025 | 01/07/2025 | French | |
| Abridged model | 31/12/2023 | 07/06/2024 | 31/07/2024 | French | |
| Abridged model | 31/12/2022 | 27/06/2023 | 23/08/2023 | French | |
| Abridged model | 31/12/2021 | 21/06/2022 | 04/07/2022 | French | |
| Abridged model | 31/12/2020 | 25/05/2021 | 23/06/2021 | French | |
| Abridged model | 31/12/2019 | 26/05/2020 | 23/06/2020 | French | |
| Abridged model | 31/12/2018 | 04/06/2019 | 20/08/2019 | French | |
| Abridged model | 31/12/2017 | 20/06/2018 | 20/09/2018 | French | |
| Abridged modelCorrection | 31/12/2016 | 21/06/2017 | 08/06/2018 | French | |
| Abridged model | 31/12/2016 | 21/06/2017 | 26/09/2017 | French | |
| Abridged model | 31/12/2015 | 15/06/2016 | 04/04/2017 | French | |
| Abridged model | 31/12/2014 | 17/06/2015 | 20/08/2015 | French | |
| Abridged model | 31/12/2013 | 18/06/2014 | 18/07/2014 | French | |
| Abridged model | 31/12/2007 | 17/06/2008 | 02/07/2008 | French | |
| Abridged model | 31/12/2006 | 25/06/2007 | 31/07/2007 | 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 31/12/202511 active · 62 ended
Active mandates
BORSE STUTTGART S. Etr.
ActiveActive
Active
Active
Active
Active
Ended mandates
Ended
BORSE STUTTGART
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates10/03/2026DEMISSIONS, NOMINATIONS
- Mandates10/07/2025DEMISSIONS, NOMINATIONS
- Mandates16/04/2025DEMISSIONS, NOMINATIONS
- Mandates21/02/2025DEMISSIONS, NOMINATIONS
- Mandates19/02/2025DEMISSIONS, NOMINATIONS
- Mandates26/11/2024DEMISSIONS, NOMINATIONS
- Other06/08/2024OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates31/07/2024DEMISSIONS, NOMINATIONS
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 2025242,1 k €↑
- 2024Annual accounts 2024-253,6 k €↓
- 2023Annual accounts 2023-232,5 k €↓
- 2022Annual accounts 202295,6 k €↑
- 2021Annual accounts 202187,4 k €↑
- 2021Name changeFederation Of European Securities Exchanges - FESE
- 2020Annual accounts 202056,7 k €↑
- 2019Annual accounts 2019-74,5 k €↓
- 2018Annual accounts 20185,1 k €↓
- 2017Annual accounts 2017209,7 k €↓
- 2016Annual accounts 2016292,5 k €↓
- 2015Annual accounts 2015392,7 k €↑
- 2014Annual accounts 2014-112,9 k €↓
- 2013Annual accounts 201349,7 k €
- 2013Name changeFederation of European Securities Exchanges
- 03/01/2006IncorporationInternational non-profit organization