ACTIVE

REGISTRE EUROPEEN DES AGENCES DU MANAGEMENT DE LA QUALITE POUR L'ENSEIGNEMENT SUPERIEUR

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Financial year 2025 · Closed on 31/12/2025

Net result1,2 k €-98,0 %over 1 year

Revenue646,5 k €-0,1 %over 1 year

Equity180,9 k €+0,7 %over 1 year

Workforce5,4 ETP+12,5 %over 1 year

Identity

Source · BCE/KBO

REGISTRE EUROPEEN DES AGENCES DU MANAGEMENT DE LA QUALITE POUR L'ENSEIGNEMENT SUPERIEUR is a International non-profit organization incorporated in 2008. Its main activity is: Educational support activities. Its registered office is in Bruxelles. It employs on average 5,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0897.690.557
Incorporation: 05/05/2008
Legal form: International non-profit organization
Registered office: Rue du Luxembourg 3
1000 Bruxelles · BruxellesSee on map
Latest accounts: 31/12/2025
Average workforce: 5,4 ETP

Activities (NACE)

85609Educational support activities· main 85699Educational support activities

Joint committees (1)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 6 filings

Trend over 5 financial years

	2025		2024		2023		2022		2020
Income statement
Revenue	646,5 k €	-0.1%	647,2 k €	+11.6%	579,9 k €	+13.8%	509,6 k €	+11.6%	456,7 k €
EBITDA	4,9 k €	-92.6%	65,4 k €	+160%	-108,3 k €	-468%	-19,1 k €	-124%	78,2 k €
Operating result	2 k €	-96.8%	61,8 k €	+155%	-111,4 k €	-416%	-21,6 k €	-129%	75,3 k €
Net result	1,2 k €	-98.0%	61,6 k €	+155%	-111,8 k €	-381%	-23,2 k €	-131%	74,1 k €
Balance sheet
Equity	180,9 k €	+0.7%	179,7 k €	+52.1%	118,1 k €	-48.6%	229,9 k €	-3.5%	238,2 k €
Total assets	361,3 k €	+51.5%	238,4 k €	+34.5%	177,3 k €	-52.8%	375,3 k €	-21.3%	476,7 k €
Cash	303,5 k €	+121%	137,5 k €	+109%	65,8 k €	-74.4%	257,1 k €	-40.3%	430,6 k €
Debts	180,3 k €	+207%	58,7 k €	+2.4%	57,4 k €	-60.5%	145,4 k €	-31.5%	212,4 k €
Other
Workforce	5,4 ETP	+12.5%	4,8 ETP	-11.1%	5,4 ETP		–		3,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 6 ended

Active mandates

Director	Mandates in this company	Period
Aleksandar Susnjar	Directeursince 09/09/2024Mandate2024 accountsended
Lana Par	Administrateursince 18/07/2024Mandate2024 accountsended
Stéphane Lauwick	Presidentsince 01/07/2023Mandate2024 accountsended
Jakub Grodecki	Administrateur-Tresoriersince 11/05/2023Mandate2024 accountsendedVice-chairman of the board of directorsuntil 30/08/2022ended

Ended mandates

Director	Mandates in this company	Period
Goran Dakovic	Vice-chairman of the board of directors13/09/2022 → 2022 accountsMandate01/07/2020 → 2020 accounts
John Edwards	Director13/04/2022 → 2022 accounts
Gohar Hovhannisyan	Mandate01/07/2020 → 2020 accounts

Other companies at this address

Rue du Luxembourg 3 1000 Bruxelles

Company	CBE no.
Airline Catering Association● Active	0688.667.237
EUROAPULIA● Active	0478.270.277
EUROPEAN DOCTORAL PROGRAMMES ASSOCIATION IN MANAGEMENT AND BUSINESS ADMINISTRATION● Active	0899.189.010
European Open Science Cloud Association● Active	0755.723.931
european regions research and innovation network● Active	0885.520.027
FEDERATION EUROPEENNE DE PANNEAUX A BASE DE BOIS - EUROPEAN WOOD-BASED PANELS FEDERATION● Active	0464.722.149
Galileo Joint Undertaking● Liquidation	0875.163.890
Greater Birmingham & West Midlands Brussels Office● Active	0880.885.308
INSTITUT EUROPEEN D'ENTREPRISE● Active	0871.320.118
OBSERVATOIRE SOCIAL EUROPEEN● Active	0427.836.613
RÉSEAU DES RÉGIONS EUROPÉENNES POUR UN TOURISME DURABLE ET COMPÉTITIF● Active	0812.309.870

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro 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	01/07/2026	29/08/2025	30/08/2024	06/06/2023	06/07/2022	19/07/2021
General meeting	10/03/2026	25/02/2025	12/04/2024	10/05/2023	13/04/2022	16/04/2021
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, 6 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	10/03/2026	01/07/2026	Dutch	PDF
Abridged model	31/12/2024	25/02/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	12/04/2024	30/08/2024	Dutch	PDF
Micro model	31/12/2022	10/05/2023	06/06/2023	French	PDF
Micro model	31/12/2021	13/04/2022	06/07/2022	French	PDF
Abridged model	31/12/2020	16/04/2021	19/07/2021	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 6 ended

Active mandates

Director	Mandates in this company	Period
Aleksandar Susnjar	Directeursince 09/09/2024Mandate2024 accountsended
Lana Par	Administrateursince 18/07/2024Mandate2024 accountsended
Stéphane Lauwick	Presidentsince 01/07/2023Mandate2024 accountsended
Jakub Grodecki	Administrateur-Tresoriersince 11/05/2023Mandate2024 accountsendedVice-chairman of the board of directorsuntil 30/08/2022ended

Ended mandates

Director	Mandates in this company	Period
Goran Dakovic	Vice-chairman of the board of directors13/09/2022 → 2022 accountsMandate01/07/2020 → 2020 accounts
John Edwards	Director13/04/2022 → 2022 accounts
Gohar Hovhannisyan	Mandate01/07/2020 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other28/05/2026
Extrait du PV de l'assemblée générale du 10/3/2026: Election d'un
PDF
Other29/01/2026
Extrait du PV du Conseil d'Administration du 29 Septembre 2025 :
PDF
Other11/09/2024
Désignation d'un directeur. Délégation de la gestion journalière ainsi que
PDF
Mandates11/07/2024
DEMISSIONS, NOMINATIONS
PDF
Other14/11/2023
Extrait du PV de l'assemblée générale extraordinaire du 23 octobre 2023
PDF
Mandates10/08/2023
Extrait du PV de l'assemblée générale du 10/5/2023: Nomination d'un
PDF
Mandates20/04/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates13/03/2023
DEMISSIONS, NOMINATIONS
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

Filings5 filings

Mandates

Aleksandar Susnjar

Lana Par

Stéphane Lauwick

Jakub Grodecki

Goran Dakovic

John Edwards

Gohar Hovhannisyan

Karl Dittrich

Tia Loukkola

Michal Karpisek

2008200920102011201220132014201520162017201820192020202120222023202420252026

Registre Europeen des agences du managment de la qualite pour l'enseignement superieur(EQAR)

Rue du Luxembourg 3, 1000 BrusselsNijverheidsstraat 10, 1000 Brussels

Directeur

Administrateur

President

Administrateur-TresorierVice-chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue du Luxembourg 3, 1000 BrusselsCurrent	accounts 2025	Accounts 2025 · 2026-00232142
Nijverheidsstraat 10, 1000 Brussels	accounts 2023 → 2024	Accounts 2024 · 2025-00433876
Rue d'Arlon 22, 1050 Ixelles	accounts 2022	Accounts 2022 · 2023-00116250

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
REGISTRE EUROPEEN DES AGENCES DU MANAGEMENT DE LA QUALITE POUR L'ENSEIGNEMENT SUPERIEURCurrent		CBE
Registre Europeen des agences du managment de la qualite pour l'enseignement superieur(EQAR)	accounts 2023 → 2025	Accounts 2025 · 2026-00232142
REGISTRE EUROPEEN DES AGENCES DU MANAGEMENT DE LA QUALITE POUR L'ENSEIGNEMENT SUPERIEUR (EQAR)	accounts 2022	Accounts 2022 · 2023-00116250

Events

2025
Annual accounts 20251,2 k €↓
2024
Annual accounts 202461,6 k €↑
2023
Annual accounts 2023-111,8 k €↓
2023
Name changeRegistre Europeen des agences du managment de la qualite pour l'enseignement superieur(EQAR)
2022
Annual accounts 2022-23,2 k €↓
2020
Annual accounts 202074,1 k €
05/05/2008
IncorporationInternational non-profit organization

REGISTRE EUROPEEN DES AGENCES DU MANAGEMENT DE LA QUALITE POUR L'ENSEIGNEMENT SUPERIEUR

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