Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 43.6 to 38.7.
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Busy address KBO
26 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
EUROPEAN SERVICE NETWORK from Brussel, company number BE0428304785, closed financial year 2025 with a result of € 8,597 after tax. For that financial year EUROPEAN SERVICE NETWORK recorded revenue of € 6.9 million and equity of € 5.5 million. Compared with financial year 2025, the result moved from € 1.1 million to € 8,597. The company is profitable. 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 July 10, 2026.
€ 5.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,597
▼ 99% vs 2025
Profit after tax over the fiscal year.
€ 184,069
▲ 72% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5.5 million.
People and assets in 2025
38.7
▼ 4.4 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▼ 58% vs 2025
€ 38,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 61,541
▼ 17% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.3 million
▼ 17% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 180 days on average.
€ 631,368
▼ 11% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2025 | Change 2025 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 20,260,370 | € 22,745,900 | € 22,250,580 | € 6,921,573 | ▼ 69% |
| Profit after taxes | € 1,372,712 | € 719,768 | € 1,056,095 | € 8,597 | ▼ 99% |
| Equity | € 4,738,829 | € 5,458,597 | € 5,514,692 | € 5,523,289 | |
| Total debts | € 6,436,914 | € 5,952,787 | € 4,718,966 | € 3,241,102 | ▼ 31% |
| Cash | € 1,861,456 | € 3,815,275 | € 106,998 | € 184,069 | ▲ 72% |
| Retained profit | € 4,676,829 | € 5,396,597 | € 5,452,692 | € 5,461,289 | |
| Dividend | € 0 | € 0 | € 1,000,000 | € 0 | ▼ 100% |
| Bank debt | € 1,417,211 | € 925,861 | € 0 | € 0 | |
| Balance sheet total | € 11,175,744 | € 11,411,384 | € 10,233,657 | € 8,764,390 | ▼ 14% |
| Employees (FTE) | 49 | 43.6 | 43.1 | 38.7 | ▼ 4.4 |
Key figures of EUROPEAN SERVICE NETWORK, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to EUROPEAN SERVICE NETWORK?
What happened at EUROPEAN SERVICE NETWORK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Isabelle DENIAUD stepped down as director. NBB
- Laurent GERARD stepped down as director. NBB
- Idoia RODES TORRONTEGUI stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.1 million (▲ 47% vs 2024). Source: NBB ↗
- Isabelle DENIAUD became a director. NBB
- Guy Vaerman stepped down as director. NBB
- Laurent GERARD became a director. NBB
- Idoia RODES TORRONTEGUI became a director. NBB
In short
From € 1.4 million profit in 2023 to € 8,597 profit in 2025.
Paid € 1.2 million in corporate taxes since 2023.
Best year ever: 2023, with € 1.4 million profit.
Paid out € 1 million in dividends to the owners in total.
A new publication or filing at EUROPEAN SERVICE NETWORK? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by ESN HOLDING SA (100%).
Directors
According to the 2025 annual accounts
since 2025 · until 2031
since 2024 · until 2030
since 2022 · until 2025
Idoia RODES TORRONTEGUI
Managing director
Also active at: POPLAR, ESN HOLDING, L.S. EUROPE - LOGOS, IRT
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kunstlaan 47
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 26 companies are registered at this address.
All companies at this address →CONTASSUR BIJSTAND ADVIES
€ 8.7 million revenue · 2025
PENSIOBEL
CAISSE DE PENSIONS TRACTEBEL - PENSIOENKAS TRACTEBEL
CONTASSUR - CONTIBEL ASSURANCES VIE - CONTIBEL LEVENSVERZEKERINGEN
POPLAR same network
€ 118,938 gross margin · 2025
+21 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
- 0428.304.785
- VAT number
- BE 0428.304.785
- Registered office
- Kunstlaan 47, 1000 Brussel
- Names & denominations
- EUROPEAN SERVICE NETWORK · ESN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 January 1986
- Peppol
- Active · Active since 29 Apr 2026
- Activities · NACE
Organisatie van congressen en beurzen
Organisatie van salons, tentoonstellingen en beurzen
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Activiteiten van reclamebureaus
Handelsbemiddeling in goederen, algemeen assortiment
Productie van video en film, muv bioscoop- en televisiefilms
Activiteiten van webportalen
Publiciteitsagentschappen
+1