Financials
Financial year 2024
EUROPEAN SAVINGS AND RETAIL BANKING GROUP from Brussel, company number BE0407146216, closed financial year 2024 with a result of € 170,068 after tax. For that financial year EUROPEAN SAVINGS AND RETAIL BANKING GROUP recorded a gross margin of € 3.6 million and equity of € 6.1 million. Compared with financial year 2023, the result moved from € 9,253 to € 170,068. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 16, 2026.
€ 6.1 million
▲ 3% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 170,068
▲ € 160,815 vs 2023
Profit after tax over the fiscal year.
People and assets in 2024
€ 3.1 million
▲ 3% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 210,504
▲ 10% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 253,685
▲ 94% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 661,796
▼ 9% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 3,387,651 | € 3,246,961 | € 3,539,895 | € 3,586,731 | ▲ 1% |
| Profit after taxes | € -200,443 | € 107,784 | € 9,253 | € 170,068 | ▲ € 160,815 |
| Equity | € 5,779,849 | € 5,887,634 | € 5,896,887 | € 6,066,955 | ▲ 3% |
| Total debts | € 1,465,294 | € 1,187,318 | € 1,048,915 | € 926,055 | ▼ 12% |
| Cash | € 2,847 | € 110,916 | € 22,609 | - | |
| Land & buildings | € 1,594,108 | € 1,589,951 | € 1,590,935 | € 1,564,542 | ▼ 2% |
| Retained profit | € 4,602,086 | € 4,709,870 | € 4,719,123 | € 4,889,191 | ▲ 4% |
| Balance sheet total | € 7,255,723 | € 7,085,531 | € 7,056,381 | € 6,993,010 | ▼ 1% |
| Employees (FTE) | 24 | 24 | 26 | - |
Key figures of EUROPEAN SAVINGS AND RETAIL BANKING GROUP, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to EUROPEAN SAVINGS AND RETAIL BANKING GROUP?
What happened at EUROPEAN SAVINGS AND RETAIL BANKING GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 170,068 (▲ € 160,815 vs 2023). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 200,443 loss in 2021 to € 170,068 profit in 2024.
Best year ever: 2024, with € 170,068 profit.
On average € 136,100 of value added per employee in 2023.
Management
Behind EUROPEAN SAVINGS AND RETAIL BANKING GROUP are Swedbank AB, OTP Bank Nyrt, Confederación Española de Cajas de Ahorros (CECA), ASN Bank NV, Lokale Pengeinstitutter and Norwegian Savings Banks Association.
Directors
According to the 2024 annual accounts
Swedbank AB
Vice-chairman of the board · represented by Jens Henriksson
OTP Bank Nyrt
Director · represented by Laszlo Bencsik
Confederación Española de Cajas de Ahorros (CECA)
Vice-chairman of the board · represented by Antonio Romero Mora
ASN Bank NV
Director · represented by Roland Boeckhout
Lokale Pengeinstitutter
Director · represented by Jan Kondrup
Norwegian Savings Banks Association
Director · represented by Janson Jan-Frode
Österreichischer Sparkassenverband
Vice-chairman of the board · represented by Huber Stefanie
Also active at: World Savings and Retail Banking Institute
Deutscher Sparkassen- und Giroverband e.V.
Vice-chairman of the board · represented by Ulrich Reuter
Also active at: World Savings and Retail Banking Institute
Banco Montepio
Director · represented by Pedro Manuel Leitão
Säästöpankkiliitto (Savings Banks’ Union Finland)
Director · represented by Kai Koskela
Groupe BPCE
Chairman of the board · represented by Nicolas Namias
Banque et Caisse d'Epargne de l'Etat du Luxembourg
Director · represented by Françoise Thoma
Also active at: World Savings and Retail Banking Institute
Director · represented by Peter Devlies
Bank of Valletta
Director · represented by Kenneth Farrugia
Associazione di Fondazioni e di Casse di Risparmio (ACRI)
Vice-chairman of the board · represented by Gerhard Brandstätter
Establishments
Establishment units
Physical locations of this company
Maria-Theresiastraat 11
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →TRIONIS
€ 10.7 million revenue · 2025
European Fund and Asset Management Association
€ 3.8 million gross margin · 2025
GROUPEMENT EUROPEENDES RETRAITES DES CAISSES D'EPARGNE BANQUES ET INSTITUTIONS SIMILAIRES
World Savings and Retail Banking Institute same network
€ 611,490 gross margin · 2024
Confédération Méditerranéenne pour le développement
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0407.146.216
- VAT number
- BE 0407.146.216
- Registered office
- Maria-Theresiastraat 11, 1000 Brussel
- Names & denominations
- EUROPEAN SAVINGS AND RETAIL BANKING GROUP · ESBG
- Enterprise type
- Rechtspersoon
- Legal form
- International non-profit association
- Legal situation
- Normale toestand
- Start date
- 25 May 1967
- Peppol
- Active · Active since 29 Aug 2025
- Activities · NACE
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