ACTIVE

GREENOVATE ! EUROPE

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Financial year 2025 · Closed on 31/12/2025

Net result96,8 k €-42,2 %over 1 year

Gross margin712,6 k €-7,5 %over 1 year

Equity403,5 k €+31,5 %over 1 year

Workforce7,4 ETP+2,8 %over 1 year

Identity

Source · BCE/KBO

GREENOVATE ! EUROPE is a European economic assoc with registered seat in Belgium incorporated in 2007. Its main activity is: Sports activities and amusement and recreation activities. Its registered office is in Ixelles. It employs on average 7,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0891.742.279
Incorporation: 30/08/2007
Legal form: European economic assoc with registered seat in Belgium
Registered office: Avenue Louise 231
1050 Ixelles · BruxellesSee on map
Latest accounts: 31/12/2025
Average workforce: 7,4 ETP

Activities (NACE)

93053Sports activities and amusement and recreation activities· main 94994Activities of other membership organisations n.e.c.94994Activities of other membership organisations n.e.c.96099Other personal service activities n.e.c.96999Other personal service activities

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	712,6 k €	-7.5%	770,5 k €	+19.7%	643,8 k €	+25.6%	512,6 k €	+1.0%	507,8 k €
EBITDA	89,6 k €	-41.2%	152,5 k €	+299%	38,3 k €	+1.0%	37,9 k €	+100%	18,9 k €
Operating result	84 k €	-39.5%	139 k €	+958%	13,1 k €	-69.6%	43,3 k €	+200%	14,4 k €
Net result	96,8 k €	-42.2%	167,4 k €	+1253%	12,4 k €	-68.9%	39,8 k €	+274%	10,6 k €
Balance sheet
Equity	403,5 k €	+31.5%	306,8 k €	+102%	152,1 k €	+8.9%	139,8 k €	+39.8%	100 k €
Total assets	6 M €	+0.4%	6 M €	+24.8%	4,8 M €	+6.3%	4,5 M €	+36.3%	3,3 M €
Cash	494,9 k €	-10.7%	554,2 k €	+248%	159,2 k €	-88.7%	1,4 M €	+64.5%	859,2 k €
Debts	2,4 M €	-2.9%	2,5 M €	+14.9%	2,1 M €	+18.4%	1,8 M €	+42.0%	1,3 M €
Other
Workforce	7,4 ETP	+2.8%	7,2 ETP	-6.5%	7,7 ETP	+26.2%	6,1 ETP		–

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

10 active · 74 ended

Active mandates

ATLANTIS CONSULTING S. Agr.

Autre fonction

Active

CETIM S. Agr.

Autre fonction

Active

CLuBE S. Etr.

Mandate

Active

European Science Communication Institute S. Etr.

Autre fonction

Active

GAIA - ASS DE INDUSTRIAS DE CON Y TECH S. Etr.

Autre fonction

Active

Gate2Horizon S. Etr.

Autre fonction

Active

Michael Heidenreich S. Etr.

Autre fonction

Active

REVOLVE PLANET

Autre fonction · 0644.855.307

Active

RISE Research Institutes of Sweden S. Etr.

Mandate

Active

TECHFORCE INNOVATIONS B.V. S. Agr.

Autre fonction

Active

Ended mandates

Advansis Oy

Mandate

Ended

ADVANSIS OY

Mandate

Ended

ADVANSIS OY -Mr Kimmo Helme

Mandate

Ended

Asesoria Industrial Zabala

Mandate

Ended

Other companies at this address

Avenue Louise 231 1050 Ixelles

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2CRSi Belgium● Active	0757.849.320
3B POSTERITY● Active	0878.258.190
4SIGHT● Active	0876.943.940
ABIS The academy of Business in Society● Active	0479.819.507
ABRIDA● Active	0450.539.858
ACCORD HEALTHCARE● Active	0841.940.204
ACeLaw● Active	0716.861.870
ACN● Active	0720.885.885
ACTIVE P.A.● Active	0896.003.450
ADO PROJET● Active	1018.453.478
ADRESTIA INVEST● Active	0663.666.971
AEACUS● Active	1003.336.029
AetheraX● Active	1038.601.764
A-FIRST● Active	0407.890.839
AFRICA INTERNATIONAL GROUP● Active	0826.132.667
AI2INNOVATE● Active	1030.081.897
AIRINC EUROPE● Active	0475.554.277
AJPS INVEST● Active	0665.721.688
AKIS.STUDIO● Active	1035.515.679
ALIZEE INTERNATIONAL● Active	0895.960.789

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro 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	16/07/2026	20/07/2025	26/07/2024	25/08/2023	28/06/2022	30/11/2021
General meeting	25/06/2026	26/06/2025	20/06/2024	29/06/2023	16/06/2022	18/11/2021
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, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/06/2026	16/07/2026	French	PDF
Abridged model	31/12/2024	26/06/2025	20/07/2025	French	PDF
Abridged model	31/12/2023	20/06/2024	26/07/2024	French	PDF
Abridged model	31/12/2022	29/06/2023	25/08/2023	French	PDF
Micro model	31/12/2021	16/06/2022	28/06/2022	French	PDF
Micro model	31/12/2020	18/11/2021	30/11/2021	French	PDF
Micro model	31/12/2019	25/06/2020	31/10/2020	French	PDF
Micro model	31/12/2018	13/06/2019	28/06/2019	French	PDF
Micro model	31/12/2017	13/06/2018	10/07/2018	French	PDF
Abridged model	31/12/2016	15/06/2017	02/08/2017	French	PDF
Abridged model	31/12/2015	02/06/2016	07/06/2016	French	PDF
Abridged model	31/12/2014	16/06/2015	13/08/2015	French	PDF
Abridged model	31/12/2013	19/06/2014	04/07/2014	French	PDF
Abridged model	31/12/2012	06/06/2013	15/07/2013	French	PDF
Abridged model	31/12/2011	07/06/2012	17/08/2012	French	PDF
Abridged model	31/12/2010	09/06/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	10/06/2010	24/08/2010	French	PDF
Abridged model	31/12/2008	05/03/2009	05/03/2009	French	PDF

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.

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

10 active · 74 ended

Active mandates

ATLANTIS CONSULTING S. Agr.

Autre fonction

Active

CETIM S. Agr.

Autre fonction

Active

CLuBE S. Etr.

Mandate

Active

European Science Communication Institute S. Etr.

Autre fonction

Active

GAIA - ASS DE INDUSTRIAS DE CON Y TECH S. Etr.

Autre fonction

Active

Gate2Horizon S. Etr.

Autre fonction

Active

Michael Heidenreich S. Etr.

Autre fonction

Active

REVOLVE PLANET

Autre fonction · 0644.855.307

Active

RISE Research Institutes of Sweden S. Etr.

Mandate

Active

TECHFORCE INNOVATIONS B.V. S. Agr.

Autre fonction

Active

Ended mandates

Advansis Oy

Mandate

Ended

ADVANSIS OY

Mandate

Ended

ADVANSIS OY -Mr Kimmo Helme

Mandate

Ended

Asesoria Industrial Zabala

Mandate

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office05/04/2023
SIEGE SOCIAL
PDF
Mandates22/06/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates19/03/2018
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates22/06/2017
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates27/02/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates10/04/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates28/04/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates06/09/2010
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 202596,8 k €↓
2024
Annual accounts 2024167,4 k €↑
2023
Annual accounts 202312,4 k €↓
2022
Annual accounts 202239,8 k €↑
2021
Annual accounts 202110,6 k €↑
2021
Name changeGREENOVATE ! EUROPE EEIG
2020
Annual accounts 20208,3 k €↑
2019
Annual accounts 2019-3,7 k €↓
2018
Annual accounts 20188,9 k €↓
2017
Annual accounts 201751,1 k €↑
2016
Annual accounts 2016-197,9 k €↓
2015
Annual accounts 201542,7 k €↑
2014
Annual accounts 2014-25,2 k €↓
2013
Annual accounts 201393,5 k €↑
2012
Annual accounts 201216,9 k €↓
2011
Annual accounts 201142,6 k €↑
2010
Annual accounts 201038,4 k €↑
2009
Annual accounts 2009-327,5 €↓
2008
Annual accounts 200827,6 k €
2008
Name changeGREENOVATE ! EUROPE
30/08/2007
IncorporationEuropean economic assoc with registered seat in Belgium

GREENOVATE ! EUROPE

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