What does EUROPEAN COMMERCIAL UNION do?

EUROPEAN COMMERCIAL UNION is a commercial agency in Watermaal-Bosvoorde. Europees economisch samenwerkingsverband, started on 15 October 1991.

What is the address of EUROPEAN COMMERCIAL UNION?

The registered office of EUROPEAN COMMERCIAL UNION is located at Emile Van Becelaerelaan 28A/44, 1170 Watermaal-Bosvoorde.

Is EUROPEAN COMMERCIAL UNION still active?

Yes. According to the CBE (17 September 2026) EUROPEAN COMMERCIAL UNION is active, legal situation “Normale toestand”, started on 15 October 1991.

Is EUROPEAN COMMERCIAL UNION registered on Peppol?

Yes, EUROPEAN COMMERCIAL UNION is registered on the Peppol network with ID 0208:0445619186.

What is the enterprise number of EUROPEAN COMMERCIAL UNION?

The enterprise number of EUROPEAN COMMERCIAL UNION is BE0445619186.

When was EUROPEAN COMMERCIAL UNION founded?

EUROPEAN COMMERCIAL UNION was founded on 15 October 1991.

Who are the directors of EUROPEAN COMMERCIAL UNION?

According to the 2025 annual accounts, the directors of EUROPEAN COMMERCIAL UNION are: Hervé MUS, Magnus ANDERSSON.

Is EUROPEAN COMMERCIAL UNION a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 October 1991; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did EUROPEAN COMMERCIAL UNION make in 2025?

EUROPEAN COMMERCIAL UNION posted a profit after taxes of € 25,967 in financial year 2025.

What is the revenue of EUROPEAN COMMERCIAL UNION?

As a small company, EUROPEAN COMMERCIAL UNION is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 27,092.

EUROPEAN COMMERCIAL UNION - Watermaal-Bosvoorde

Dossier EUROPEAN COMMERCIAL UNION, printed on 17 September 2026 from databakkes.be/en/0445619186/european-commercial-union. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

EUROPEAN COMMERCIAL UNION from Watermaal-Bosvoorde, company number BE0445619186, closed financial year 2025 with a result of € 25,967 after tax. For that financial year EUROPEAN COMMERCIAL UNION recorded a gross margin of € 27,092 and equity of € 106,592. Compared with financial year 2024, the result moved from € -44,452 to € 25,967. 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 June 26, 2026.

What it is worth Growing

€ 106,592

▲ 32% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 25,967

▲ still € 44,452 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 64,490

▼ 26% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 106,592.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 13,752

▼ 75% vs 2024

Supplier invoices still open on the last day of the fiscal year.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 5,769 Gross margin 2022: € 5,769 First fiscal year in the series	€ 17,633 Gross margin 2023: € 17,633 ▲ 206% vs 2022 (€ 5,769) Favourable step	€ -44,323 Gross margin 2024: € -44,323 ▼ € 61,956 vs 2023 (€ 17,633) Unfavourable step	€ 27,092 Gross margin 2025: € 27,092 ▲ € 71,416 vs 2024 (€ -44,323) Favourable step	▲ € 71,416
Profit after taxes	€ 5,540 Profit after taxes 2022: € 5,540 First fiscal year in the series	€ 17,186 Profit after taxes 2023: € 17,186 ▲ 210% vs 2022 (€ 5,540) Favourable step	€ -44,452 Profit after taxes 2024: € -44,452 ▼ € 61,639 vs 2023 (€ 17,186) Unfavourable step	€ 25,967 Profit after taxes 2025: € 25,967 ▲ € 70,419 vs 2024 (€ -44,452) Favourable step	▲ € 70,419
Equity	€ 107,892 Equity 2022: € 107,892 First fiscal year in the series	€ 125,078 Equity 2023: € 125,078 ▲ 16% vs 2022 (€ 107,892) Favourable step	€ 80,626 Equity 2024: € 80,626 ▼ 36% vs 2023 (€ 125,078) Unfavourable step	€ 106,592 Equity 2025: € 106,592 ▲ 32% vs 2024 (€ 80,626) Favourable step	▲ 32%
Total debts	€ 21,403 Total debts 2022: € 21,403 First fiscal year in the series	€ 7,058 Total debts 2023: € 7,058 ▼ 67% vs 2022 (€ 21,403) Favourable step	€ 54,294 Total debts 2024: € 54,294 ▲ € 47,236 vs 2023 (€ 7,058) Unfavourable step	€ 13,752 Total debts 2025: € 13,752 ▼ 75% vs 2024 (€ 54,294) Favourable step	▼ 75%
Cash	€ 74,215 Cash 2022: € 74,215 First fiscal year in the series	€ 76,984 Cash 2023: € 76,984 ▲ 4% vs 2022 (€ 74,215) Favourable step	€ 86,912 Cash 2024: € 86,912 ▲ 13% vs 2023 (€ 76,984) Favourable step	€ 64,490 Cash 2025: € 64,490 ▼ 26% vs 2024 (€ 86,912) Unfavourable step	▼ 26%
Retained profit	€ 107,892 Retained profit 2022: € 107,892 First fiscal year in the series	€ 125,078 Retained profit 2023: € 125,078 ▲ 16% vs 2022 (€ 107,892) Favourable step	€ 80,626 Retained profit 2024: € 80,626 ▼ 36% vs 2023 (€ 125,078) Unfavourable step	€ 106,592 Retained profit 2025: € 106,592 ▲ 32% vs 2024 (€ 80,626) Favourable step	▲ 32%
Balance sheet total	€ 129,294 Balance sheet total 2022: € 129,294 First fiscal year in the series	€ 132,136 Balance sheet total 2023: € 132,136 ▲ 2% vs 2022 (€ 129,294) Unchanged	€ 134,920 Balance sheet total 2024: € 134,920 ▲ 2% vs 2023 (€ 132,136) Unchanged	€ 120,345 Balance sheet total 2025: € 120,345 ▼ 11% vs 2024 (€ 134,920) Unchanged	▼ 11%

Key figures of EUROPEAN COMMERCIAL UNION, fiscal years 2022 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 COMMERCIAL UNION?

What happened at EUROPEAN COMMERCIAL UNION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 26, 2026 New annual accounts for financial year 2025: profit of € 25,967. Source: NBB ↗
2020 Hervé MUS became a director. NBB
2020 Magnus ANDERSSON became a director. NBB
Oct 15, 1991 Start of the company according to the CBE. KBO

In short

From € 5,540 profit in 2022 to € 25,967 profit in 2025.

Best year ever: 2025, with € 25,967 profit.

Original PDFs at the National Bank ↗

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My folder 3 companies

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

Real filings at the National Bank

Management

Hervé MUS Magnus ANDERSSON

EUROPEAN COMMERCIAL UNION

Behind EUROPEAN COMMERCIAL UNION are Hervé MUS and Magnus ANDERSSON.

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Directors

According to the 2025 annual accounts

Hervé MUS

Director

since 2020

Magnus ANDERSSON

Director

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Emile Van Becelaerelaan 28A/44

1170 Watermaal-Bosvoorde

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0445.619.186
VAT number: BE 0445.619.186
Registered office: Emile Van Becelaerelaan 28A/44, 1170 Watermaal-Bosvoorde
Names & denominations: EUROPEAN COMMERCIAL UNION · E.C.U.
Enterprise type: Rechtspersoon
Legal form: Europees economisch samenwerkingsverband
Legal situation: Normale toestand
Start date: 15 October 1991
Peppol: Active · Active since 1 Dec 2025
Activities · NACE: Handelsbemiddeling in de groothandel in andere specifieke goederen

View on CBE Public ↗ Annual accounts (NBB) ↗